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Germany news: Prosecutors search Deutsche Bank headquarters
Germany news: Prosecutors search Deutsche Bank headquarters
Elizabeth Schumacher | Isaac Holmberg with AFP, AP, dpa, KNA, ReutersPublished 07/22/2026Published July 22, 2026last updated 07/22/2026last updated July 22, 2026Officials are reportedly investigating fraudulent tax claims made by the bank's Postbank subsidiary between 2008 and 2010. Meanwhile, the story of Timmy the whale continues with new DNA results.
https://p.dw.com/p/5HXpSWhat you need to know
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Here are a few of the top headlines from and about Germany on Wednesday, July 22, 2026:
- Deutsche Bank has confirmed its headquarters in Frankfurt was searched Wednesday
- Economy and Energy Minister Reiche said there are no further state measures planned to lower gas prices
- New DNA results could offer more information on the death of Timmy the Whale
- German FM Wadephul is in Abuja, Nigeria, on the next leg of his Africa trip
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Skip next section Steinmeier: 'Germany is a country with a migrant background'07/22/2026July 22, 2026Steinmeier: 'Germany is a country with a migrant background'
German President Frank-Walter Steinmeier has paid tribute to the victims of a racist attack 10 years ago at a Munich shopping center.
Speaking in the Bavarian capital on Wednesday, Steinmeier spoke out against racism, antisemitism and the categorization of people based on their origin.
"Let us finally realize this: It is not just individual people who have a history of migration — our entire country does. Germany is a country with a migrant background," he said. "That is what defines us."
On July 22, 2016, an 18-year-old shot dead eight teenagers and an adult woman at Munich's Olympia shopping center — people who fitted his racist stereotype. Others were injured.
When cornered by police officers some two and a half hours later, he shot himself.
"This racist act affects not only the victims and their families and friends, not only the city of Munich, not only the state of Bavaria; it affects our entire country, and it concerns all of us in this country," Steinmeier said. "The victims of Munich will remain in our memory."
As president, Steinmeier has in a largely ceremonial role but one that traditionally is seen as a moral compass for the country. He harkened the Munich attacker's beliefs back to the racist ideology of the Nazis.
"We are familiar with this ideology," Steinmeier said. "Throughout history, Germans have murdered millions of people in the name of this ideology.
"We must never accept that such thinking gains ground in our country again. Not among those who have lived here for generations; not among those who have immigrated more recently," he warned. "Antisemitism and racism must have no place in our society. It is the duty of us all to ensure this."
No one is superior to anyone else on the basis of their background, the German head of state stressed. "We must all fight against it, each in their own way and in their own place; We must combat a climate that is hostile towards people with a migrant background."
https://p.dw.com/p/5HbPiSkip next section Germany's growing interest in Africa: A win for both sides?07/22/2026July 22, 2026Germany's growing interest in Africa: A win for both sides?
Adwoa Tenkoramaa DomenaGermany is deepening its footprint across Africa, as Foreign Minister Johann Wadephul embarks on his third trip to the continent in 2026. His top-level talks will focus on security, skills development and investment.
Read more about the trips Wadephul calls a strategic necessity as part of Germany's expanding engagement with Africa.
https://p.dw.com/p/5HbBqSkip next section Large police operation at Siegburg prison, amid tip-off of possible revolt07/22/2026July 22, 2026Large police operation at Siegburg prison, amid tip-off of possible revolt
North Rhine-Westphalia's Justice Ministry says the situation is under control at the JVA Siegburg penitentiary not far from Bonn, after a large police operation late on Tuesday evening.
More than 100 officers were deployed to the prison after a tip-off from an inmate about a possible attempted riot by prisoners.
A spokesman for the state Justice Ministry said the operation was completed by around 10 p.m. and that nobody was injured.
Four mobile phones and small quantities of narcotics were seized during searches. No weapons were located, but the investigations were not concluded, the ministry said, with investigators and canine units still searching the premises.
"The threat of armed violence in our correctional facilities is an absolute red line," state Justice Minister Benjamin Limbach said, having broken off his summer holiday to rush back from France. If the allegations were to be substantiated, ringleaders would face the full force of the law, he said.
The Justice Committee in the state parliament will also convene for emergency talks on Thursday, following a series of issues this summer concerning penitentiaries in Germany's most populous state. The state's opposition Social Democrats and Free Democrats called for the session.
The SPD's judicial policy spokeswoman Sonja Bongers said the question would be "how prisoners were at all able to prepare and decide upon an uprising of this kind, without the justice system becoming aware of it on its own initiative," referring to regional media accounts of some of the alleged details that prompted the raid.
The FDP's Werner Pfeil, meanwhile, lamented that the "negative headlines from correctional facilities in North Rhine-Westphalia are not stopping," saying the frequent problems were leading to "uncertainty about the condition" of the state's prisons.
This follows two major investigations of suspected bribery at prisons in Euskirchen in May and Rheinbach earlier this month, both within fairly close proximity to the Siegburg penitentiary.
In Euskirchen, officials are suspected of selling prisoners information on the timing of spot checks in exchange for a regular fee. In Rheinbach, they are suspected of helping smuggle in contraband — like mobile phones or even narcotics — in exchange for payment. Those investigations against staff and present and former inmates are ongoing; so far they have resulted only in news of searches, raids and employees being suspended from duty.
https://p.dw.com/p/5Hb7TSkip next section Germany, France move forward on nuclear production deal with Russia07/22/2026July 22, 2026Germany, France move forward on nuclear production deal with Russia
A German state regulator has cleared the way for a Germany-based subsidiary of a French nuclear fuel company to do joint work with Russia's state-owned Rosatom.
Despite banning nuclear power plants in 2011, Germany is still home to facilities producing nuclear fuel rods, which use fission — different from the fusion process used in traditional nuclear power stations.
The research is aimed at producing fuel rods for use in Russian-designed reactors.
A subsidiary of France's Framatome called ANF (Advanced Nuclear Fuels) applied for permission for the project in March 2022, weeks after Russia began its full-scale invasion of Ukraine.
The decision underscores how nuclear energy has largely remained exempt from the EU's sanctions against Russia following its war against Ukraine.
The Environment Ministry in the state of Lower Saxony expressed regret at giving the go-ahead, indicating that it did not have much choice as the venture does not fall under any ban.
It did, however, say the approval could be revisited "if new risks are identified", particularly in "national security."
The EU has so far been unable to come to an agreement as to how to extend sanctions to include Russia's nuclear sector.
https://p.dw.com/p/5HagASkip next section Munich court upholds ban on night-time sale of beer in university district07/22/2026July 22, 2026Munich court upholds ban on night-time sale of beer in university district
A court in the Bavarian capital of Munich upheld the city's recently imposed ban on the sale of alcoholic drinks at to-go kiosks in the area around its main Ludwig Maximilian University (LMU) campus.
Beer to go is a favorite of German students, who in summer months often sit in squares and parks with friends and drink rather than go to bars. However, long-term residents of the district began to complain about noise, public urination and broken glass.
The court did agree, however, that the €5,000 ($5,700) fine was excessive and struck it down. A new fine has yet to be agreed upon.
Several suits to overturn the ban are still pending. They have been brought by local kiosk owners who said the prohibition on selling to-go alcoholic beverages has seriously hurt their business.
https://p.dw.com/p/5Ha7GSkip next section Conservative parliamentary leader replaced after surrogacy scandal07/22/2026July 22, 2026Conservative parliamentary leader replaced after surrogacy scandal
German Chancellor Friedrich Merz has nominated his chief of staff, Thorsten Frei, to succeed Jens Spahn as head of his Christian conservatives (CDU/CSU) bloc in parliament.
Spahn resigned last week following the announcement that he and his husband had become fathers via a surrogate mother in the United States. As former health minister, Spahn consistently voted along party lines to keep surrogacy illegal in Germany and once made comments about his moral qualms about people using a "rented womb."
His perceived flouting of German laws drew swift condemnation from across the country's political spectrum, including his own party.
Frei will have to be officially elected by members of the CDU in the Bundestag, alongside those of its Bavarian sister party, the CSU. That is expected to take place next week. Frei has already received the approval of CSU leader Markus Söder as well as that of Merz.
Read more about the decision for Frei to become CDU/CSU parliamentary leader here.
https://p.dw.com/p/5HZbISkip next section READ: Hitler's birth house opens as police station 07/22/2026July 22, 2026READ: Hitler's birth house opens as police station
The quaint house where Adolf Hitler was born in Braunau, Austria opened as a police station today.
This comes after an Austrian government commission offered suggestions on how to appropriately use the house, and the state poured millions of euros into rennovations. But in Braunau, reactions to the house's new function as mixed, and some see a missed opportunity.
DW has the full story on how Austria turned Hitler's birth house into a police station here.
https://p.dw.com/p/5HYehSkip next section DNA results linked to Timmy the Whale expected 07/22/2026July 22, 2026DNA results linked to Timmy the Whale expected
The dramatic tale surrounding the humpback whale known as "Timmy" is set to continue today.
Experts are expected to provide DNA results on whether a dead humpback whale found floating off Denmark’s coast on May 14 match samples taken from Timmy. The findings will be presented at a press conference in Hamburg this afternoon.
Danish authorities previously identified the dead whale as Timmy based on a tracking device attached to its fin.
The story of Timmy captivated Germany for months earlier this year.
After repeatedly stranding along Germany’s Baltic Sea coast, the whale spent weeks trapped on a sandbank in Wismar Bay in April, before being rescued by a private rescue initiative which guided the marine mammal out to sea in a specially converted freight barge.
The rescue effort was accompanied by heated debate among scientists, government officials, the public and the private initiative behind the rescue operation over whether the weakened and ailing whale should be left to die in peace or whether rescuers should continue their efforts to save it.
https://p.dw.com/p/5HXuySkip next section Deutsche Bank headquarters searched by prosecutors07/22/2026July 22, 2026Deutsche Bank headquarters searched by prosecutors
Finance giant Deutsche Bank has confirmed that prosecutors searched its main offices in Frankfurt on Wednesday.
Officials are reportedly investigating fraudulent tax claims made by the bank's subsidiary Postbank between 2008 and 2010.
"Deutsche Bank is being searched as a third party in this matter and we are cooperating fully," the group said without elaborating.
The investigation relates to the practice of making significant stock trades around dividend payout days, a scheme that flourished during the financial crisis that began in 2007. Authorities say the practice amounted to tax fraud.
Deutsche Bank is no stranger to controversy. A recent release of Epstein files show the late financier and convicted sex offender had up to 40 accounts with Deutsche Bank. The bank was also raided earlier this year over a money laundering probe.
https://p.dw.com/p/5HZ3gSkip next section German Foreign Minister Wadephul travels to Abuja, Nigeria continuing Africa tour07/22/2026July 22, 2026German Foreign Minister Wadephul travels to Abuja, Nigeria continuing Africa tour
German Foreign Minister Johann Wadephul is traveling Abuja, Nigeria on Wednesday, as part of his third tour of African countries this year, which has already included Mauritania.
His visit to Nigeria's capital comes after he arrived in Lagos yesterday, the country's largest city and economic hub.
In his tour of Africa's most populous country, Wadephul is being accompanied by a number of German business representatives. Economic cooperation is a key issue in talks with Nigeria, which is Germany's second largest trading partner in Sub-Saharan Africa.
"Anyone who isn’t present in Africa today risks missing out on crucial opportunities," said Wadephul on German businesses and investments in the region.
Cooperation in the field of critical minerals and energy also been a priority during the visit as Wadephul stressed the need for Germany to diversify its supply chains. Nigeria is Africa's largest exporter of oil.
In Abuja, Wadephul is expected to speak with his Nigerian counterpart Bianca Odumegwu-Ojukwu and visit the secretariat of and Economic Community of West African States (ECOWAS). Talks there are expected to focus on multilateral engagement as well as security issues, in a country that has long battled militancy and violence in the northeastern region.
https://p.dw.com/p/5HXufSkip next section No new measures against high gas prices — Energy Minister Reiche07/22/2026July 22, 2026No new measures against high gas prices — Energy Minister Reiche
Economy and Energy Minister Katherina Reiche said that no additional state measures were planned to combat high gas prices.
In May, the federal government had reduced tax on gasoline and diesel by 17 cents in order to combat the rise in the price of fuel at the pump due to the Iran war. But the tax reduction expired at the end of June.
Since then, prices have risen quickly, fueled also by the resumption of hostilities in the Middle East, and the closure of the Strait of Hormuz. Currently, the average price of one liter of gasoline stands at roughly €2.20 ($9.50 per gallon), up from €1.83 ($7.78 per gallon), from when before the war began, according to public broadcaster NDR.
"With the fuel price cap, we implemented a very, very expensive measure. It cost us many billions of euros," Reiche told the German media network RTL. “Those funds are not currently available in the federal budget."
Reiche, of the center-right Christian Democratic Union's (CDU), also rejected the idea of a price cap for gas, proposed by some members of the center-left Social Democrats, the junior members of the governing coalition.
"No further measures are currently planned, nor are any actually in the works," said Reiche.
https://p.dw.com/p/5HYZcSkip next section Welcome to our coverage07/22/2026July 22, 2026Welcome to our coverage
Isaac Holmberg | Rana Taha EditorGuten Morgen from DW’s newsroom!
Bonn has been fortuitously blessed with mild summer temperatures, which makes bringing you the news of the day all the more delightful.
German Economy and Energy Minister Katherina Reiche Reiche has announced that there were no additional measures planned to combat high gas prices in the wake of the Iran War, after a tax relief expired at the end of June.
The results of a DNA examination linked to the humpback whale "Timmy" are expected this afternoon. Timmy was freed after multiple strandings off the German Baltic Sea coast this spring, only to be found dead off Denmark in May.
The results could offer more information if the whale carcass found in Denmark is indeed Timmy's.
Germany's Foreign Minister Wadephul is traveling to the Nigerian capital Abuja today, as talks in Africa's most populous country center on business, resource and security cooperation.
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