April 18, 2013 / 8:36 AM / 4 years ago

Italy police visit JP Morgan Milan in Monte Paschi probe- sources

FLORENCE/ROME, April 18 (Reuters) - Italy’s financial police visited the Milan offices of investment bank JP Morgan on Thursday in connection to a probe into the 2007 acquisition of bank Antonveneta by troubled rival Monte dei Paschi di Siena , investigative sources said.

The police force “is carrying out an order to provide documents” issued by a court in Siena, one of the sources told Reuters.

A second source said the order to provide documents related to an investigation into Monte dei Paschi, Italy’s third largest bank, where a scandal over fraud and loss-making derivatives trades has caused political outcry.

JP Morgan was not immediately available for comment. A source at the bank in Milan said tax police were not at the bank’s offices. (Reporting by Silvia Ognibene and Stefano Bernabei; Editing by Lisa Jucca)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below