People in the News
This Sporting Life
Bastian Schweinsteiger will leave Germany's national soccer team, he announced via Twitter on Friday.
The team's beloved captain, who just celebrated his wedding with professional tennis player Ana Ivanović, has suffered several injuries this season which reduced the time he spent on the pitch during this year's European championship.
But he can look back on a proud career. Mr. Schweinsteiger has played 120 international games for Germany since 2004 and seven tournaments. In 2014, he was a key factor in Germany's World Cup victory.
In an open letter to fans, Mr. Schweinsteiger, known affectionately as "Schweini" wrote, “With the world champion title in 2014 we achieved a historic and emotional peak which I won’t be able to repeat in my career. That's why it's right to end it here.”
Due to his injuries, Mr. Schweinsteiger also missed games for his current club Manchester United and there are rumors that he has not been included in the new team lineup. His transfer to the English club came after 17 years at Bayern Munich, where he grew up playing youth football before going on to become one of the team's biggest stars.
Joining the Board
Nicolas Moreau will join Deutsche Bank’s management board in October, taking over responsibility for its asset management arm.
Mr. Moreau, a French executive who worked for French insurance company Axa for 25 years including as chief executive of its asset management division, will replace Quentin Price. Mr. Price left Germany's largest bank due to illness.
“Nicolas Moreau knows the capital investment business – from both the supplier and the client perspective," said Deutsche Bank’s supervisory chairman Paul Achleitner.
Mr. Moreau trained at the Ecole Polytechnique and the Centre d'Etudes Actuarielles in France.
The Beautiful Days of Aranjuez
The latest movie by German award winning filmmaker Wim Wenders will compete in the 73rd Venice Film Festival next month.
“The Beautiful Days of Aranjuez” is based on a play by Peter Handke, in which a couple spends a summer night talking about love, freedom and desire.
On Thursday, organizers announced the lineup for the film festival, which is the oldest in the world.
Other entries for the Golden Lion award include a domestic drama set in a lighthouse by Derek Cianfrance, “The Light Between Oceans” starring Michael Fassbender and Alicia Vikander, “Voyage of Time” by Terrence Malick, “On the Milky Road,” by Emir Kusturica and “Brimstone,” a thriller by Martin Koolhoven.
Further movies on show at the festival include a thriller by Tom Ford, a sci-fi film with Amy Adams and Jeremy Renner and a movie about Jacqueline Kennedy Onassis, played by Natalie Portman.
Not Just a Material Girl
Germany’s wealthiest woman wants to be known for her achievements rather than her riches.
Susanne Klatten is a Quandt heiress whose holdings of BMW and other assets are estimated at €18.5 billion. But, she told German weekly Die Zeit, she sees herself as a businesswoman who uses her money to develop the companies she is involved in.
She is the daughter of entrepreneur Herbert Quandt who rescued BMW which nearly went bankrupt in the late 1950s and helped develop it into a leading global car maker. Ms. Klatten is a member of BMW’s supervisory board and also has shares in German chemical and pharmaceutical company Altana, wind turbine maker Nordex and SGL Carbon which makes carbon-based products.
She is often referred to in the media as a "Quandt daughter" and "billionaire heiress" but, she told the newspaper, she and her brother Stefan grew up in a modest and strict household. Ms. Klatten studied economics to prepare for her future role as a manager and investor.