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Ex-Deutsche Bank Banker Files €152 Million Lawsuit, Hearing Set for December

He seeks compensation for career setbacks he attributes to his Italian conviction before his 2022 acquittal, tied to the bank’s 2008 MPS dealings.

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Overview

  • The ex-banker demands about €152 million for alleged professional damage after a 2019 Italian fraud verdict was overturned on appeal in 2022.
  • The suit focuses on Deutsche Bank’s 2008 financing agreements with Banca Monte dei Paschi di Siena and its subsidiary during Italy’s financial crisis.
  • Frankfurt Regional Court has scheduled an oral hearing for December 4, 2025, under case number 2-19 O 153/24.
  • Deutsche Bank contends the claims are entirely unfounded and has vowed to challenge the damages sought.
  • Reports indicate another former employee is preparing a similar lawsuit over the same historical transactions.