Market Chatter: Deutsche Bank Reportedly Countersues Former Staff Linked to Monte dei Paschi Accounting Scandal

10:40 AM EDT, 08/04/2026 (MT Newswires) -- Deutsche Bank (DBK.F) filed a counterclaim against four former senior employees who sued the lender for allegedly being made scapegoats in the Banca Monte dei Paschi di Siena (BMPS.MI) accounting scandal, Bloomberg News reported Tuesday. In a court filing seen by the news outlet, the German bank denied conspiring against the former staff, with its lawyers alleging that the four breached earlier settlement agreements and a deal not to use documents disclosed during previous litigation. Deutsche Bank sought to recoup 4 million pounds sterling previously paid to Michele Faissola, its former asset and wealth management business head, under an earlier settlement while pursuing damages from Ivor Scott Dunbar, former co-head of global capital markets, according to the report. Deutsche Bank did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)