Court orders finance boss release

October 18, 2013, 02:24am

Italy’s Supreme Court ordered the immediate release from house arrest of former Banca Monte Paschi di Siena finance chief Gianluca Baldassari, one of his lawyers said yesterday. The former head of finance at the scandal-plagued bank is accused along with two other former executives of concealing Monte Paschi’s losses from lending regulator the Bank of Italy. Lawyers are investigating if Monte Paschi’s former management misled regulators.


In Other News

April 17, 2014, 1:02pm
April 17, 2014, 1:41am
April 16, 2014, 7:50am