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6 current and ex-Deutsche Bank execs accused in Paschi case

Deutsche Bank - Foyer Undersphere

Milan prosecutors accused six former and current Deutsche Bank executives, including Michele Faissola, Michele Foresti and Ivor Dunbar, of colluding with Banca Monte dei Paschi di Siena SpA to falsify its accounts, manipulate the market and obstruct the activity of authorities.



Morgan Stanley building

People News: TPG, Morgan Stanley, UBS

TPG Capital hired Sanghoon Lee from Morgan Stanley as a partner to find and manage investments in South Korea, more than eight years after the private equity firm’s last major deal in the nation.