Karin Matussek

Prosecutors charged a banker who worked over the Cum-Ex tax scandal, the first indictment targeting staff at a top international investment bank.

German prosecutors are preparing to bring the first criminal charges against staff who worked at Macquarie Group Ltd. over the Cum-Ex tax scandal.

Germany's top criminal court almost doubled the amounts a former CEO of a defunct bank and other ex-managers must repay.

Kai-Uwe Steck, who spilled the beans to German prosecutors and TV viewers about the Cum-Ex scandal, turned silent at a trial into his own alleged role.

Kai-Uwe Steck, one of the main collaborators with German prosecutors in their vast Cum-Ex probe, appeared in a Bonn court.

Former Warburg banker Christian Olearius has been found permanently unfit to stand trial, so the court dropped the case.

The scandal robbed billions of euros from government coffers and ensnared some of Wall Street's biggest banks.

An ex-Freshfields Bruckhaus Deringer partner who helped top investment banks navigate the Cum-Ex trading strategy behind Europe's biggest tax scandal was sentenced to three and a half years in prison.

A judge told the former attorney who advised top banks on the trading strategy at the center of Europe's biggest tax scandal to expect to be found guilty.

A German banker was sentenced to three years and three months for his role in the international tax trading scandal.

Hanno Berger was convicted in a tax scandal that robbed billions of euros from government coffers and ensnared some of Wall Street's biggest banks.

Henry Gabay, founder of the now-defunct Duet Group, told a German court that he's innocent and that the Cum-Ex charges against him are built on lies.

Dirk Schreiber was the first top manager to be imprisoned over an accounting scandal that led to the near-collapse of the retailer.

Jan Marsalek was a key figure at Wirecard before its implosion in an accounting scandal in June 2020.

The seven-country search could plunge the troubled German landlord deeper into crisis.

The Cum-Ex scandal has robbed billions of euros from government coffers and embroiled some of Wall Street's biggest names.

The two men were named by the retailer in 2019 following a forensic probe by PwC that uncovered $7.2 billion of irregular transactions.

Cum-Ex, a strategy that took advantage of how Germany collected dividend tax, involved multiple parties claiming refunds on a tax that was paid only once.

The case revolves around Cum-Ex, a strategy that took advantage of a loophole in how Germany collected dividend tax.

The trial of Markus Jooste was halted on day one after he was unable to leave his home country South Africa.