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Olaf Storbeck

Frankfurt correspondent

Olaf Storbeck is the FT's Frankfurt banking correspondent. Besides Germany's financial sector, he is covering the retail industry and - following a lot of work on the political and financial repercussions of the Wirecard fraud - has a focus on white collar crime and whistleblowing.

Before joining the FT in 2017, he worked at a London-based columnist at Reuters Breakingviews for five years and was named Reuters Journalist of the year in 2015 in the commentary category for his opinion pieces about the Volkswagen diesel scandal. A German citizen, he started his career at Germany's business and financial daily Handelsblatt after graduating from the Cologne School of Journalism and studying Economics at the University of Cologne.

Olaf was part of the teams which in 2020 won two Loeb Awards ('Breaking News’ and 'investigative') and the Press Gazette British Journalism Award' in the 'Best Business Journalism category.

Email Olaf Storbeck @olafstorbeck  on Twitter (link opens in a new browser window)
  • Thursday, 20 June, 2024
    Deutsche Bank AG
    Deutsche’s private bank cuts spending on external consultants by 70%

    German lender needs to rely on its own expertise, says division’s new boss Claudio de Sanctis

    A man stands in front of a Deutsche Bank branch in Spain
  • Monday, 17 June, 2024
    Alisher Usmanov
    Russian billionaire Usmanov sues UBS over German probe

    Lawyers for sanctions-hit tycoon accuse Swiss bank of triggering investigation

    Alisher Usmanov and Vladimir Putin in Moscow in 2018
  • Monday, 17 June, 2024
    European banks
    Deutsche Bank counting on investment bank hiring spree to pay off

    German lender has aggressively expanded parts of its investment bank over past 18 months

    A logo of a branch of Germany’s Deutsche Bank
  • Sunday, 16 June, 2024
    Adidas AG
    Adidas investigates bribery allegations in China

    Senior managers accused of receiving millions of euros in kickbacks

    Front of an Adidas store in Shanghai
  • Sunday, 9 June, 2024
    German economy
    German coalition attacks ‘beer tent’-style speech by Deutsche Börse chief

    Stock exchange CEO Theodor Weimer’s populist tirade reflects growing frustration among business leaders

    Theodor Weimer
  • Wednesday, 5 June, 2024
    Wirecard AG
    Top lawyer of ex-Wirecard boss walks away after money runs out

    Markus Braun under mounting pressure as trial of Germany’s largest corporate fraud continues

    Markus Braun, pictured in 2019.
  • Tuesday, 4 June, 2024
    Lars Windhorst
    Court suspends arrest warrant after Windhorst agrees to attend hearing

    German financier accused of not co-operating in insolvency proceedings of shopping centre

    Lars Windhorst
  • Tuesday, 28 May, 2024
    N26
    Fintech N26 says regulatory action cost it ‘billions’ in lost growth

    German digital bank has been forced to limit client sign-ups for over two years for poor anti-money laundering controls, but the cap is about to be lifted

    The N26 logo on the outside of its office building
  • Tuesday, 28 May, 2024
    ABN Amro
    ABN Amro agrees €672mn deal with China’s Fosun for German private bank

    Dutch lender acquires Hauck Aufhäuser Lampe in move to expand its wealth management business

    The ABN Amro logo displayed on the exterior of the company’s headquarters in Amsterdam, Netherlands
  • Thursday, 23 May, 2024
    Deutsche Bank AG
    Former Deutsche Bank boss Breuer dies at 86

    Chief executive Christian Sewing pays tribute to architect of ill-fated Bankers Trust acquisition as ‘old-school’ banker

    Rolf Breuer
  • Thursday, 16 May, 2024
    Inside BusinessGermany
    Germany still has much to do to fix corporate governance shortcomings

    There are too many flaws that can be exploited by managements with bad intentions

    Frankfurt’s financial district
  • Monday, 13 May, 2024
    Financial services
    Raisin turns first profit on surging customer deposits

    German deposit broker doubles revenues to €158.5mn as retail customers chase higher interest rates

    Raisin app on a phone
  • Wednesday, 8 May, 2024
    DWS Group
    Deutsche Bank’s DWS inflated client asset inflows by billions of euros

    Frankfurt-listed asset manager included low-fee advisory assets in its calculations for years

    The headquarters of DWS in Frankfurt, Germany
  • Tuesday, 30 April, 2024
    Adidas AG
    Adidas delaying launches of premium trainers to maintain exclusivity

    Chief executive says market could ‘overheat’ and suggests rival Nike overpaid in its German football sponsorship deal

  • Monday, 29 April, 2024
    Deutsche Bank AG
    Deutsche Bank shares slide on €1.3bn Postbank hit

    Germany’s largest lender hints at potential settlement over long-running court saga linked to 2010 takeover offer

    A Postbank sign in Munich, Germany
  • Friday, 26 April, 2024
    Deutsche Bank AG
    Deutsche Bank braces for €1.3bn hit to profits from Postbank litigation

    Court has warned lender it is likely to lose parts of complex lawsuit brought by former shareholders of rival

    Postbank sign outside Deutsche Bank building in Berlin
  • Friday, 26 April, 2024
    Insider trading
    Former PR adviser handed 3-year insider trading sentence in ‘breakfast trust’ trial

    Defendant made more than €14mn in profit using tips from Perella Weinberg banker

    Frankfurt skyline
  • Thursday, 25 April, 2024
    Deutsche Bank AG
    Trading helps lift Deutsche Bank to highest quarterly profit in 11 years

    First-quarter net income increased 10% from a year earlier to €1.45bn

    The headquarters of Deutsche Bank reflected in the windows of an office building in the financial district of Frankfurt
  • Monday, 22 April, 2024
    Tax evasion and avoidance
    German tax fraud prosecutor resigns in unexpected move

    Anne Brorhilker, who led investigation into ‘cum-ex’ scandal, accuses judiciary of being too lenient on white-collar crime

    Anne Brorhilker at Bonn district court in 2019
  • Friday, 19 April, 2024
    EY
    EY’s Wirecard audits marred by ‘repeated grave’ violations, says watchdog

    Big Four firm botched audit work and quality control over several years, Apas concludes in multiyear investigation

    Wirecard signage
  • Wednesday, 17 April, 2024
    Adidas AG
    Adidas scores a hit with first batch of unsold Yeezy shoes

    German group secured over €500mn of orders in online sale after severing ties with Kanye West following antisemitic remarks

    Yeezy shoes on display in a store
  • Wednesday, 17 April, 2024
    Institutional Shareholder Services Inc
    ISS clashes with German blue-chips over boardroom independence

    Proxy adviser calls on investors to replace chairs of BASF and Munich Re, who previously served as chiefs of their groups

    BASF chair Kurt Bock in 2011
  • Tuesday, 16 April, 2024
    EY
    German watchdog finds EY’s Wirecard audits grossly negligent

    Apas stops short of establishing criminal intent in Big Four firm’s conduct

    The Wirecard logo
  • Monday, 8 April, 2024
    Wirecard AG
    Wirecard shareholders sue EY over alleged asset stripping in Germany

    Lawyers for former investors in collapsed German payments group claim Big Four firm’s reorganisation made it harder to enforce claims

    EY logo on an office in Hoboken, New Jersey, US
  • Friday, 5 April, 2024
    News in-depthGermany
    Germany’s robotic stores must rest on Sundays, too

    Regional chain Tegut forced to close automated shops to comply with centuries-old ban

    A man walks into a Tegut self-service store
Previous page You are on page 1 Next page

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