
The Hamburg private bank Berenberg is replacing the management of its investment bank after the financial regulator Bafin dismissed the previous management in June.
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The financial regulator Bafin dismissed Berenberg's three then managing directors in June due to inconsistencies in the preparation of the 2025 annual results.
New York. The Hamburg private bank Berenberg is appointing new people at the top of its investment bank: Gunnar Regier will move to the extended management team on January 1st and will later move up there permanently, the bank announced on Wednesday. Regier comes to JPMorgan Chase after around 28 years and will take over the management of the investment bank.
A few days ago, Berenberg announced that it would also appoint Christian Schumacher as managing director. The bank is currently gradually rebuilding its management team.
In June, the financial regulator Bafin relieved the three then managing directors Hendrik Riehmer, David Mortlock and Christian Kühn of their duties. The reason was inconsistencies in the preparation of the 2025 annual results. The Handelsblatt reported on this. Since then, the former long-standing Berenberg boss Hans-Walter Peters and the former Degussa Bank board member Michael Horf have led the management.
According to his own statements, Peters has known Regier for many years, including from working together on the supervisory board. Regier brings “comprehensive experience in capital market business” and will also be responsible for the investment bank on the management board in the future, said Peters.
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Gunnar Regier will join the extended management team on January 1st.
Very likely · Within months
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