Not the “spider in the web”

Meet Europe's biggest investor: Diethart Breipoh, Allianz

Meet Europe’s biggest investor: Diethart Breipoh, Allianz

A corporate culture but no monastery

Do you see yourselves playing an active part in the restructuring of German banking over the next four or five years?

The papers are writing about all sorts of scenarios: sometimes they call us the “spider in the web”. We have always clearly said that Allianz does not make industrial policy [marshalling powerful shareholdings in companies to bring about mergers and thus change the balance of power in a particular industry].

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