A German court paved the way for the trial of six people including three former London investment bankers for their role in the Cum-Ex tax scandal.
The ruling by a court in the city of Wiesbaden sets up the second trial in the country over the trading strategy that’s triggered multiple probes by German prosecutors involving about 500 suspects. Another case is being tried in Bonn, and the court there has said that Cum-Ex trades were criminal.
The indictment in the Wiesbaden case focuses on a group of former bankers at
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