Italy minister to address parliamentary group on Monte Paschi

ROME Fri Jan 25, 2013 8:25am EST

ROME Jan 25 (Reuters) - Outgoing Italian Economy Minister Vittorio Grilli will address a parliamentary finance committee in relation to a derivatives scandal at Banca Monte dei Paschi di Siena on Jan. 29, the Chamber of Deputies said on its Web site.

The bank, the world's oldest, is enmeshed in a scandal over losses of nearly $1 billion in a series of complex derivatives deals.