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April 4, 2011

HQ Trust, which manages a part of the Quandt family fortune, has recruited a number of staff from UBS’s German private banking operations.

 

HQ Trust, which manages a part of the Quandt family fortune, has recruited a number of staff from UBS’s German private banking operations.

February 10, 2011

The year has started on a positive note for family-controlled carmakers, with BMW, Audi and Peugeot Citroen reporting a rise in sales. Helped by surging demand not just in emerging markets, but also the developed world, it has raised hopes that the worst of recession may be running its course for the automobile sector.

The year has started on a positive note for family-controlled carmakers, with BMW, Audi and Peugeot Citroen reporting a rise in sales. Helped by surging demand not just in emerging markets, but also the developed world, it has raised hopes that the worst of recession may be running its course for the automobile sector.

March 19, 2009

The reporting season is upon us, and the news emerging from the world’s family-owned car makers is grim. BMW recently reported a full-year loss of €718 million, PSA PeugeotCitroen announced a net loss of €343 million while Ford reported a loss of $14.6 billion.

The reporting season is upon us, and the news emerging from the world's family-owned car makers is grim writes Jane Simms. BMW recently reported a full-year loss before tax and interest of €718 million, much worse than the market had predicted. PSA PeugeotCitroen announced a net loss of €343 million and has been forced to accept a government bailout.

Ford reported a loss of $14.6 billion last year, the biggest in its 105-year history. Even Toyota is expected to announce its first net loss in six decades when it reports on its financial year ending 31st March.

March 10, 2009

Susanne Klatten, an heiress to the BMW-owning Quandt family’s fortune, has been spared humiliation in a German court after the man who seduced her confessed to extortion.

Susanne Klatten, an heiress to the BMW-owning Quandt family's fortune, has been spared humiliation in a German court after the man who seduced her confessed to extortion.

Helg Sgarbi, a Swiss national, has been jailed for six years after he admitted blackmailing Klatten (pictured). The former banker also seduced a number of other wealthy European women claiming he was a secret agent working for the Swiss government.

November 2, 2007

A film about the Quandt family has highlighted an issue that has affected some German family businesses through the decades – a history of Nazi involvement. William Boston looks at how and why these businesses are held accountable for the actions of their forefathers

William Boston is a freelance journalist based in Germany.

A film about the Quandt family has highlighted an issue that has affected some German family businesses through the decades – a history of Nazi involvement. William Boston looks at how and why these businesses are held accountable for the actions of their forefathers

May 1, 2007

Brand content may seem like nothing new – after all, contract publishing has been around for ages. But it has a new life in video via broadband connections. Meg Carter explains how some family businesses are using this tool to uniquely market themselves

Meg Carter is a freelance journalist based in the UK.

Earlier this year, Budweiser, the lager brand owned by family-run brewing giant Anheuser-Busch, launched its own TV network. Bud TV is a family of entertainment channels distributing a mix of music, comedy, sport and celebrity interviews – all of which have been originally produced for or acquired by Anheuser-Busch. It is the most ambitious example to date of a new form of marketing communications fast attracting attention in boardrooms worldwide: brand content.

March 1, 2005

According to recent research, family firms have stronger ‘people’ values than non-family firms and are more likely to put customers and employees ahead of profits.

According to recent research, family firms have stronger 'people' values than non-family firms and are more likely to put customers and employees ahead of profits. This doesn't mean they lose any competitive advantage, argues John Ward, Wild Group Professor of Family Business at IMD in Switzerland and Professor of Family Enterprises at Kellogg School of Management.

May 1, 2004

A recent Newsweek article sung the praises of family businesses on the basis of a report it commissioned by Thomson Financial.

Barbara Murray is executive director of the Family Business Network.

A recent Newsweek article sung the praises of family businesses on the basis of a report it commissioned by Thomson Financial. Using stock market indices, family firms "outperformed the pack" across Europe, the report found. Case studies such as BMW, LVMH in France and Acciona in Spain illustrated the essential differences that lead to competitive advantages in the consumer and capital marketplaces.

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