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Deutsche Bank faces £600m claim over Monte dei Paschi episode

( March 12, 2026, 14:54 GMT | Official Statement) -- MLex Summary: Deutsche Bank faces a £600 million UK court claim by four former executives alleging their careers suffered harm following Italian court proceedings related to the German bank's involvement with Monte dei Paschi. Six former Deutsche executives were convicted in an Italian court in 2019 over false accounting and market manipulation claims, but the convictions were later overturned. Deutsche Bank said it considered all such claims to be without merit and it intended to defend against them robustly. The extract is below. The report is attached....

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