Italian prosecutors seek trial for Monte Paschi, Nomura over derivative trade

April 24, 2015 3:23 PM

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MILAN, April 24 (Reuters) - Milan prosecutors are requesting that troubled lender Monte dei Paschi di Siena and Japanese bank Nomura be sent to trial in Italy over a 2009 derivative trade, judicial sources said.

The trade, known as Alexandria, is at the heart of a scandal that rocked Monte dei Paschi in 2012 just as it was being hit hard by the euro zone debt crisis.

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