See on Scoop.it - La Gazzetta Di Lella - News From Italy - Italiaans Nieuws
SIENA, Italy — Three former managers blamed for the crisis that has befallen the world’s oldest bank, and devastated the community whose economy depended on it, were sentenced on Friday to jail time and banned from public office for five years.The executives of the bank, Monte dei Paschi di Siena, were accused of hiding a convoluted derivatives contract that helped it conceal its losses.
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