Overview
- Dario Schiraldi alleges the audit led by Christian Sewing mischaracterized his role in the 2008 ‘Projekt Santorini’ repo transactions and is seeking €150 million for career and reputational damage.
- The Frankfurt Landgericht has set the trial’s opening hearing for December 4, marking a high-profile examination of the bank’s crisis-era practices.
- Deutsche Bank asserts the internal investigation was conducted independently under regulatory rules and vows to contest what it calls unfounded compensation demands.
- Additional former employees are preparing a multihundred-million-euro lawsuit in the UK over similar undisclosed netting operations from the 2008 financial crisis.
- These legal challenges come as Deutsche Bank reported a €5.3 billion pre-tax profit in the first half of 2025 and hit a five-year share-price peak.