The flotation of DP World last year may prove to be a landmark deal for the emerging markets. Edward Russell-Walling reports on how Deutsche Bank handled the largest ever Middle Eastern IPO.

Peer Steinbrück, Germany’s finance minister, defends his country’s positions – and cannot resist a dig at the UK leadership. Interview by Karina Robinson.

The CIO of investment banking technology within Deutsche’s Corporate and Investment Bank remains unmoved by the summer’s crisis. Alan Duerden reports.

Several financial institutions are on the brink of the abyss caused by the temporary closure of the asset-backed securities markets. Professor Jan Pieter Krahnen reports on the crisis and its first victims.

At HSH Nordbank, CEO Hans Berger is too busy preparing for an IPO to be concerned about the debate over Landesbanken consolidation or what role his bank could play in it.

In the debate on whether German Landesbanken should consolidate further, Hannes Rehm is Siegfried Jaschinski’s ideological opponent. While he does not rule out further consolidation in the sector, Mr Rehm, who has a PhD in economics, sees no pressing need for it, arguing that the three-pillar system has adequately financed corporate Germany.

What is ironic about Mr Jaschinski is how different he is from the way in which the German press has portrayed him.

Cross-border expansion, privatisation and consolidation are likely to change the face of the German Landesbanken scene. Jan F Wagner, in Frankfurt, talks to three Landesbank chiefs about plans for the future.

With increasingly vibrant bond markets, and healthy M&A and IPO pipelines, the recovery of German real estate and the launch of REITs could be the icing on the cake. Geraldine Lambe reports.

With Allgemeine Hypothekenbank Rheinboden’s (AHBR) balance sheet of about €75bn – about two-thirds in public sector loans and a third in mortgage loans – Lone Star first had to negotiate a large liquidity facility to replace the emergency measures provided by the German banks and backed by the deposit protection system.