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Why did prosecutors raid BlackRock's German offices? episode artwork

EPISODE · Nov 12, 2018 · 8 MIN

Why did prosecutors raid BlackRock's German offices?

from FT News in Focus

BlackRock's Munich offices have been caught up in a long running investigation into a tax fraud, thought to have cost the German authorities as much as €7bn. This has embroiled Friedrich Merz, BlackRock's German chief, who is hoping to succeed Angela Merkel as head of the CDU party next month. Katie Martin discusses the fraud and which financial companies have been implicated with Olaf Storbeck, Chris Flood and David Crow.Contributors: Suzanne Blumson, executive editor, Katie Martin, capital markets editor, Olaf Storbeck, Frankfurt correspondent, Chris Flood, FTfm reporter, David Crow, banking editor. Producer: Fiona Symon Hosted on Acast. See acast.com/privacy for more information.

Episode metadata supplied by the publisher feed · Published Nov 12, 2018

What this episode covers

BlackRock's Munich offices have been caught up in a long running investigation into a tax fraud, thought to have cost the German authorities as much as €7bn. This has embroiled Friedrich Merz, BlackRock's German chief, who is hoping to succeed Angela Merkel as head of the CDU party next month. Katie Martin discusses the fraud and which financial companies have been implicated with Olaf Storbeck, Chris Flood and David Crow.Contributors: Suzanne Blumson, executive editor, Katie Martin, capital markets editor, Olaf Storbeck, Frankfurt correspondent, Chris Flood, FTfm reporter, David Crow, banking editor. Producer: Fiona Symon Hosted on Acast. See acast.com/privacy for more information.

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Frequently Asked Questions

How long is this episode of FT News in Focus?

This episode is 8 minutes long.

When was this FT News in Focus episode published?

This episode was published on November 12, 2018.

What is this episode about?

BlackRock's Munich offices have been caught up in a long running investigation into a tax fraud, thought to have cost the German authorities as much as €7bn. This has embroiled Friedrich Merz, BlackRock's German chief, who is hoping to succeed...

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