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UPDATE 1-Italian prosecutors open new Monte Paschi investigation

* Probe triggered by leaks to the press after board meeting * More funds seized from former finance chief and others (Adds police confirmation, more funds seized) SIENA, Italy, March 5 (Reuters) - Italian financial police have searched premises connected with Monte dei Paschi di Siena bank as part of a new investigation into suspected insider trading, police said on Tuesday.

UPDATE 2-Monte Paschi former finance chief held in Italy

By Silvia Ognibene Manuela D'Alessandro SIENA/MILAN, Feb 14 (Reuters) - Italian police arrested on Thursday the former head of Monte dei Paschi's finance department, who is at the centre of a probe into alleged fraud and bribery at Italy's third largest bank, prosecutors said. Gianluca Baldassarri is the first person to be arrested in a widening scandal that has rocked the world's oldest bank and triggered a financial and political storm ahead of Feb 24-25 national elections.

Monte Paschi struck secret deal over Antonveneta -police

By Silvia Aloisi, Stefano Bernabei and Silvia Ognibene SIENA, Italy, Feb 8 (Reuters) - Monte dei Paschi struck a last-minute, secret deal with Bank of New York that allowed the Italian bank to mislead authorities and smoothed through its acquisition of rival Antonveneta, according to a report by the financial police in Italy.

UPDATE 2-IMF says Bank of Italy was vigilant on Monte Paschi

By Giselda Vagnoni ROME, Feb 5 (Reuters) - The International Monetary Fund said on Tuesday that Italy's central bank did a good job in its oversight of crisis-hit Monte dei Paschi di Siena, in a boost for ECB chief Mario Draghi, who led the Bank of Italy as Monte Paschi ran into trouble. An IMF team was in Italy until last week to conduct the first part of an assessment of Italy's financial system and Monte Paschi was among the issues it discussed with the BoI.

UPDATE 1-Italian prosecutors interview ex-Monte Paschi chairman

* Giuseppe Mussari summoned as investigation widens * Prosecutors target former bank management * Rome prosecutors look at possible Vatican bank link By Silvia Ognibene SIENA, Italy, Feb 4 (Reuters) - Italian prosecutors called in the former chairman of Monte dei Paschi di Siena on Monday as they pursued their corruption investigation into an opaque series of loss-making derivatives trades at the bank.

Italian prosecutors interview ex-Monte Paschi chairman

* Giuseppe Mussari summoned as investigation widens * Prosecutors target former bank management * Rome prosecutors look at possible Vatican bank link By Silvia Ognibene SIENA, Italy, Feb 4 (Reuters) - Italian prosecutors called in the former chairman of Monte dei Paschi di Siena on Monday as they pursued their corruption investigation into an opaque series of loss-making derivatives trades at the bank.

Top Paschi di Siena bank officials in graft probe: report

About 10 former top officials of Banca Monte dei Paschi di Siena, have been named in a probe into a financial scandal that has shaken the Italian bank to its core, national media reported Saturday. Prosecutors launched legal proceedings into the bank some 10 days ago after media revealed that hundreds of millions of euros were missing from BMPS' accounts after risky investments in complex financial products. According to local media, BMPS directors tried to conceal the losses. Questioning of the former bank officials is expected to start next week.

UPDATE 1-Rome court summons Bank of Italy over Monte Paschi

By Antonella Cinelli ROME, Jan 31 (Reuters) - A court in Rome has summoned Bank of Italy officials for questioning on the state bailout of Monte dei Paschi, as scandal spread over the trading that plunged the world's oldest bank into trouble. The Tuscan bank suffered a further blow on Thursday when the Standard & Poor's agency cut its long-term credit rating deeper into "junk" territory.

UPDATE 2-Monte Paschi ignored warnings over risk, documents show

* Audit highlighted risk problems as early as 2009-documents * Finance department acted like bank-within-a bank-sources * Bank of Italy says raised concerns, imposed sanctions * Prosecutors look at bribe allegation linked to Antonveneta By Stefano Bernabei and Silvia Aloisi

ECB's Draghi met Italy minister over Monte Paschi case

By Stefano Bernabei and James Mackenzie SIENA/ROME, Jan 29 (Reuters) - European Central Bank head Mario Draghi, head of Italy's central bank until 2011, met Economy Minister Vittorio Grilli to discuss the widening scandal at Monte dei Paschi bank a day before Grilli was due to address parliament on the issue on Tuesday.
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