German Appellate Court Allows Prosecution against 5 Bankers

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Friday, March 28, 2025
Author: 
Bruce Zagaris
Volume: 
41
Issue: 
4
Abstract: 

On March 25, 2025, the Frankfurt Higher Regional Court ruled that five bankers who were former top managers of Deutsche Pfandbriefbank and profited from cum-cum-share transactions must undergo criminal proceedings. The criminal trial will occur at the third criminal chamber of the Wiesbaden Regional Court, although no date for the start of the trial has been given.[1]