Archive · 16 Sep 2025
Deutsche Bank, UniCredit, and DZ Bank Win Fight Over Crisis Fund
Big banks Deutsche Bank, UniCredit, and DZ Bank had to pay money into a fund after the 2008 financial crisis.
The money was meant to help if banks got into trouble.
However, the EU created a new way to handle these kinds of problems, so the old fund wasn't needed anymore.
The banks asked the German government for their money back.
The government said no because they wanted to use it to support small businesses instead.
The banks sued, and a court agreed with the banks, saying they should get their money back.
The court decided that the money in the fund wasn't being used for its original purpose, and Germany didn't make any new rules about it.
Deutsche Bank, UniCredit, and DZ Bank won a court case to reclaim funds.
The money was part of a €2.3 billion restructuring fund.
The funds were collected after the 2008 financial crisis.
The Frankfurt Administrative Court ordered Bafin to repay the banks.
The funds are no longer needed after the EU set up a new solution.
- Who
- Deutsche Bank, UniCredit, and DZ Bank versus Bafin
- What
- Won a case to recoup their share of a crisis fund.
- When
- The ruling came out on Tuesday.
- Where
- Frankfurt, Germany
- Why
- The court ruled the funds were no longer serving their purpose.
- Plaintiffs
- Deutsche Bank, UniCredit, DZ Bank
- Defendant
- Bafin (German financial regulator)
- Amount at Stake
- €2.3 billion
- Court
- Frankfurt Administrative Court
- Ruling Date
- Tuesday
- Original Levy Period
- 2011-2014
- Court Case Numbers
- Az. 7 K 3685/24 et al.