Ex-Trader Suing Deutsche Bank Wants £500 Million in Paschi Case

NodeGuardian · 2026-03-20T19:18:35+00:00

Michele Faissola, a former Deutsche Bank executive, is suing the bank for up to £500 million, claiming it damaged his career after the Banca Monte dei Paschi di Siena scandal. This claim is part of a larger suit by four ex-employees.

NodeGuardian

2026-03-20 19:18:35

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A former Deutsche Bank executive, Michele Faissola, is seeking up to £500 million in a UK lawsuit against the bank. He alleges that the bank caused irreparable harm to his career following the Banca Monte dei Paschi di Siena SpA accounting scandal. This claim represents the majority of the over £600 million sought by four ex-employees suing the bank in English courts.

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