Italy prosecutors request jail terms for ex Deutsche Bank, Nomura staff in Monte Paschi trial
16/05/2019 14:59
MILAN, May 16 (Reuters) - Milan prosecutors requested jail
terms for four former Deutsche Bank DBKGn.DE staff and two
former Nomura employees in relation with two controversial
derivative transactions the two banks arranged for Italian
lender Monte dei Paschi di Siena BMPS.MI .
Prosecutors requested the seizure of 441 million euros from
Deutsche Bank and 445 million euros from Nomura.
They requested jail terms of eight years each for former
Monte dei Paschi Chairman Giusepe Mussari and former director
general Antonio Vigni, as well as a 6-year jail sentence for the
bank's former finance department chief Gianluca Baldassarri.
The three banks and a total of 13 former employees are
facing a trial in Milan for alleged false accounting, market
manipulation and misleading regulators in relation to these
deals.
The banks were accused of colluding to hide losses at Monte
dei Paschi. The alleged crimes occurred between 2008 and 2012.
Deutsche Bank and Nomura declined to comment.
(Reporting by Alfredo Faieta, writing by Silvia Aloisi)
((silvia.aloisi@thomsonreuters.com; +39 02 66129 723; Reuters
Messaging: silvia.aloisi.thomsonreuters.com@reuters.net))