January 25, 2013 / 1:26 PM / 5 years ago

Italy minister to address parliamentary group on Monte Paschi

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.

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