Michele Faissola

Michele Faissola

manager Italy

Michele Faissola is a prominent former executive at Deutsche Bank, known for his role in the controversial 'Santorini' deal that aimed to obscure financial losses at Monte dei Paschi di Siena during the financial crisis. Having risen to the bank's board in 2012, he left in 2016 amid regulatory pressures related to other scandals, including Libor manipulation. Faissola has since remained influential in financial circles, particularly through his advisory role to the Qatari royal family, major shareholders of Deutsche Bank. Recently, he has taken legal action against his former employer alongside colleagues, seeking to restore their reputations tarnished by the fallout of the Santorini affair.

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