A banker on trial over his role in controversial dividend taxes told a German court that he initially didn’t possess a deep understanding of the practice and only learned some details about Cum-Ex cases when he talked to prosecutors last year.
Nicholas Diable, 38, used his testimony to portray a man who was drawn into the world of finance at an early age, never met some of the key players of the Cum-Ex industry and sometimes only followed orders. He’d landed in finance after turning down a chance to play soccer for a London club.
To make his point, Diable ...