- Font:
- +
- -
MILAN (Reuters) - Italian bank Intesa Sanpaolo
Prosecutors in the southern town of Trani are investigating derivatives contracts made by the country's three largest banks including troubled lender Monte dei Paschi di Siena
"Intesa Sanpaolo underlines that this investigation dates back to 2010 and regards the relations between subsidiary Banco di Napoli and some of its customers," the bank said.
"The Intesa Sanpaolo Group, as always, has offered investigating authorities utmost cooperation, with full confidence in their action," it said.
"The deals involved are negligible and have no material impact on the Group's financial statements", the bank said.
(Reporting by Antonella Ciancio, editing by Danilo Masoni)
(c) Copyright Thomson Reuters 2013. Check for restrictions at: http://about.reuters.com/fulllegal.asp
“ ”