Former Macquarie Trader Says the Cum-Ex Probe Made Him Ill (1)

When Darren T., a former trader at Macquarie Bank Ltd, found out that Cologne prosecutors were investigating his role in controversial Cum-Ex deals, the news rattled his health. He went to see a psychiatrist for about a year and took medication for 18 months.

The former trader, who can’t be identified under German law, told his story on Oct. 1 in the Bonn court that is trying two former investment bankers over the tax deals. Darren T. laid out how he started to do the transactions at Macquarie and later moved to Zeta Financial Partners, a company involved in ...