Deutsche Bank seeks contempt of court against alleged Monaco resident

Deutsche Bank has asked a London judge for permission to seek a contempt of court order against Alexander Vik, a billionaire the bank claims is resident in Monaco. The case concerns $288 million (€260 million) in debts from a seven-year-old lawsuit, and the Norwegian-born businessman could be sent to prison if he doesn’t comply. Vik’s … Continue reading Deutsche Bank seeks contempt of court against alleged Monaco resident