[3] In 1986, he started his academic studies at WHU – Otto Beisheim School of Management, where he graduated with a degree in Business administration ("Diplom Kaufmann").
[4] In 1992, he earned an MBA at Kellogg School of Management, Northwestern University (Illinois), supported by a DAAD scholarship.
[5] In October 2008, former German Federal Minister of Finance Peer Steinbrück announced that the Hypo Real Estate's entire board of directors would be replaced.
A consortium of German financial service providers proposed that Axel Wieandt serve as HRE's Chief Executive Officer.
According to Der Spiegel journalists Christoph Pauly and Beat Balzli, Wieandt deemed these differences in opinion an "imposition".
Whereas, according to Wieandt, the bank's core capital ratio should be kept above ten percent, SoFFin's chief executive Hannes Rehm had promised a "gentle handling" of taxpayers’ money and urged for a lower figure.
[13] Journalists Eigendorf and Jost wrote in German daily newspaper Die Welt that "Wieandt did a good job at HRE".
They argued that Wieandt was frustrated about an "unnecessarily time-consuming decision-making process", and a "lack of leeway" in paying HRE staff.
[18] On 1 July 2011, Wieandt was appointed Managing Director of Credit Suisse Deutschland's Investment Banking Department, where he served as an account executive overseeing financial service provider clients from countries such as Germany, Austria, Sweden, and Norway.
German Private-Banking-Magazin editor Christian Nicolaisen believed that Wieandt was hired to support Debitos with expanding further into Europe.
[32] In early 2021, German fintech Auxmoney announced that Wieandt had joined the newly founded Strategic Advisory Council committee.
In early 2016, Wieandt taught the "European Banking and the Financial Crisis" seminar at the Kellogg School of Management in Evanston (Illinois).