KPMG says it was not informed of Monte Paschi derivative

MILAN Tue Jan 22, 2013 10:44am EST

Related Topics

MILAN Jan 22 (Reuters) - Auditing firm KPMG said on Tuesday it was never made aware of a derivatives deal between Banca Monte dei Paschi di Siena and Japanese bank Nomura that is triggering a loss of at least 220 million euros in the Italian bank's 2012 accounts.

In a statement, KPMG said it had not received any documents related to the 2009 deal.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.