Deutsche Settles Monte Dei Paschi-Related Case with Ex-Employee - Report (DB:NYSE)
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31 Articles
A few days before the planned process, Deutsche Bank settled a million-dollar dispute with an ex-manager. The agreement is part of a series of expensive comparisons and is expected to raise questions with shareholders.
With a comparison, Deutsche Bank draws a line under a million-dollar dispute with a former investment banker. However, the affair has not yet ended.
Deutsche Bank and its former banker Dario Schiraldi have reached an out-of-court settlement in a 152 million euro compensation lawsuit pending before a Frankfurt court, the German financial institution announced on Monday.
A former employee had gone to court against Deutsche Bank and had sued for three-digit million-dollar damages. Now both parties agreed. Four further proceedings are still under way in London.
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