SIENA/FRANKFURT, April 17 The Bank of Italy is
in contact with the Bundesbank to see whether funds held on
behalf of Japanese bank Nomura in Germany can be frozen
in line with a seizure order issued by Italian prosecutors,
according to two sources familiar with the matter.
A judicial source said on Wednesday prosecutors
investigating alleged fraud involving Monte dei Paschi di Siena
were seeking to seize funds from Nomura through
Europe's Target 2 interbank payment system.
"Since yesterday, the Bank of Italy has been talking to the
Bundesbank to see if it is possible to block the account that
Nomura has in Frankfurt with another bank," the source said.
A second source confirmed the contacts between the Bank of
Italy and the Bundesbank over the issue.
(Reporting By Silvia Ognibene in Siena and Andreas Framke in
Frankfurt, writing by Silvia Aloisi)