Q&A: Bafin's Hufeld concerned ECB doesn't understand German banks

Sparkassen and co-operative sectors 'look like an outlier that doesn't fit with Europe'

Felix Hufeld

With a varied career spanning more than 30 years in banking, insurance, law and consultancy – as well as financial supervision – Felix Hufeld is hardly a typical regulator, especially not in his homeland where many employees stay with one company for much of their working lives.

The 54-year-old was appointed in March to head, as president, Germany's Federal Financial Supervisory Authority, Bafin. But over the prior three decades he has chopped and changed jobs in different industries and worked

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