German prosecutors drop probe of ex-Morgan Stanley banker

German prosecutors dropped a two-year investigation into possible breach of trust by a former regional politician and an ex-Morgan Stanley (MS.N) banker over a state's purchase of a stake worth 4.7 billion euros ($6 billion) in utility EnBW (EBKG.DE). In late 2010, the then premier of the state of Baden-Wuerttemberg, Stefan Mappus, hammered out the deal within weeks for the state to buy a 45 percent stake in EnBW from French energy company EDF (EDF.PA). The head of Morgan Stanley's German unit and one of the country's top bankers, Dirk Notheis, advised Mappus on the acquisition. German newspapers later published emails which they said were sent by Notheis to Mappus, in which Notheis casually referred to Chancellor Angela Merkel as "Mutti" - German for "mummy" - and sometimes appeared to be giving orders to Mappus.

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