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Deutsche Bank resolves former banker lawsuit initially seeking €152 million

A former banker at Deutsche Bank withdrew a lawsuit seeking €152 million ($176.62 million) in damages, a Frankfurt court said Monday. Deutsche Bank said the parties resolved the case and provided no further details.

DBK

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10:39:42 AM UTC
SquawkNews
Deutsche Bank and a former banker have settled a Frankfurt lawsuit seeking €152 million ($176.62 million) in damages from the bank, Deutsche Bank said on Monday.The banker, Dario Schiraldi, was one of several former employees who had sued Germany's largest lender over alleged damage to ‌their reput…

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