“EY is facing an avalanche of lawsuits from former Wirecard investors, as well as its administrator, demanding billions of euros in damages. It’s reorganised its structure to make enforcing damages claims harder” ⁦Olaf Storbeck⁩ #EY #Wirecard

on.ft.com/43NYVAS

Germany’s robotic stores must rest on Sundays, too—But as the three judges made clear in their ruling, Germany’s work-free Sundays are about more than just work. They pointed to…
ft.com/content/2778b6… Financial Times Olaf Storbeck

I recently travelled to Fulda where centuries-old rules on Sunday rest and innovation in retail has clashed

Read my story here:

Germany’s robotic stores must rest on Sundays, too

on.ft.com/49oDzLt

Make no mistake: I don't have any sympathies for insider traders. But I still think Germany has become too tough when it comes to seizing proceeds from illegal trading activities.

ft.com/content/e6e49c…

‘Rather than “discussing with 100 people of which 90 don’t have a clue, I try to find the 10 who really matter”’ - great #management profile of the Adidas CEO by ⁦Olaf Storbeck⁩ on.ft.com/49QkLG8

Signa creditors push to oust management over property fire sale fears - latest with @samgadjones

ft.com/content/b5d635…

This seems a positive signal for the City -A senior banker has alleged that Morgan Stanley manufactured his job title to dupe European regulators into believing the bank had moved top staff to Frankfurt to comply with post-Brexit rules: Olaf Storbeck rpts ft.com/content/fc9676…

A former Freshfields partner sentenced to three-and-a-half years in jail for aiding and abetting a multiyear dividend tax fraud received more than €2mn in severance pay when he agreed to leave the firm ft.com/content/28fc06…

Perella Weinberg banker had €1mn tied up in secret ‘breakfast trust’ trading scheme, court told
ft.com/content/5c70dc…

A former Perella Weinberg banker received cash and other rewards for sharing confidential information about upcoming deals over a period of 15 years, Frankfurt prosecutors said on the opening day of one of Europe’s biggest insider trading trials.
ft.com/content/e8a6ce…

The Japanese cosmetics retailer who became a surprise witness at the Wirecard trial - Yoshio Tomiie was a director of a Singapore-based company allegedly at the heart of the payment group’s fraud ft.com/content/b8dc00…

Germany still needs to learn from Wirecard on whistleblowers, with protections improving only slowly, and mainly due to pressure from the European Commission - column here from Olaf Storbeck ft.com/content/98fda5…

Da gibt es nichts hinzuzufügen 👇

Es geht los. 20000 am Römer.

Sonst noch jemand am Römer morgen ab 12:30h?

Spanish watchdog #CNMV opens mis-selling proceedings against #DeutscheBank ▫️ ft.com/content/f75bb0… | #FT story by Olaf Storbeck + Barney Jopson

The future of the English Theatre in Frankfurt seems to be secure after all. comms.commerzbank.com/html_mail.jsp?…

for background, see my piece from June 2023

ft.com/content/28f591…

Happy new year! If your resolution for 2024 is doing more exercise, how about cycling? You could aim for London-Edinburgh-London 2025. 1500km in 5days.
Sounds bonkers but it’s doable if you start preparing now. 1st step: Listen to this podcast podcasters.spotify.com/pod/show/londo…