Champion’s Night

Those who have enjoyed the sweet taste of sporting success will know that leading a team to victory takes not only skill and belief in one’s own abilities but courage and commitment, passion and perseverance. In many ways, sport and business share common values....

Risk

The process of reporting significant risks takes place on a regular basis and is complemented by ad hoc reports to the Management Board in the event of sudden or unexpected risks. Overall responsibility for the independent reporting system, which is standardised...

Basel

We pointed out that there were indeed differing opinions at an international level as to the risk associated with the fair value option. Moreover, the Paper was not aimed at imposing additional restrictions with regard to risk management or the application of the fair...

Insider dealings

Pursuant to Section 15 of the Securities Trading Act (Wertpapierhandelsgesetz – WpHG), in the version of the Investor Protection Enhancement Act (Anlegerschutzverbesserungsgesetz – AnSVG) of 30 October 2004, an issuer of financial instruments that are admitted to...