Deutsche Bank Sued by Bankers Blamed in Monte Paschi Scandal

A group of former Deutsche Bank AG managers who claimed they were wrongfully blamed for the Monte dei Paschi accounting scandal have sued the German lender in a London court.

Michele Foresti, ex-head of structured trading, filed the suit against Deutsche Bank entities for commercial fraud, according to the court docket. No further details of the claim are publicly available. The four other filings didn’t specify what they are suing over.

Foresti and the ex-traders ended mediation with Deutsche Bank over allegations they were wrongfully implicated in an audit report into the Monte Paschi affair. The group also includes ...