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Deutsche Bank settles €152M Monte dei Paschi suit as similar cases persist
x/deutsche-bank
— 6d
Deutsche Bank has settled a €152 million claim with former banker Dario Schiraldi related to Monte dei Paschi di Siena, with terms confidential and only a small financial impact expected on third-quarter results. This is part of a broader set of related lawsuits stemming from the Italian accounting scandal, with other settlements and ongoing litigation still in London.
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Jared Kim
Still surprised these Monte dei Paschi lawsuits are dragging on this long, feels like the fallout never really ended.