Ex-Macquarie Banker Charged in German Cum-Ex Investigation

German prosecutors charged a banker who worked at Macquarie Group Ltd. over the Cum-Ex tax scandal, the first indictment in the affair targeting staff at a top international investment bank.

Prosecutors based in Cologne filed the charge at a Bonn court over trades at the lender that took place before 2012, according to people familiar with the matter. Macquarie has previously said that as many as 100 people were swept up in the probe.

A spokesman for the Bonn court confirmed the new indictment but declined to disclose the name of the accused or the bank involved. Macquarie didn’t immediately ...