Italy court rejects seizure of Nomura assets in Monte Paschi probe: sources


An Italian judge has rejected an order to seize around 1.8 billion euros ($2.3 billion) of assets from Nomura <8604.T> as part of a probe into suspected fraud involving troubled lender Monte dei Paschi di Siena , a judicial and a legal source said on Saturday.

Prosecutors in Siena are investigating risky derivatives trades that have endangered the survival of Monte Paschi, the world's oldest bank.

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They ordered the seizure of around 1.8 billion euros of assets from the Japanese bank on April 16, but the court has rejected their request to have it validated.

A spokeswoman for Nomura in Italy had no immediate comment.

(Reporting by Silvia Ognibene, writing by Gavin Jones, editing by Danilo Masoni)