Rome Prosecutors Probe Monte Paschi Market Rigging, Ansa Says

Prosecutors in Rome have opened an investigation into possible market manipulation involving Banca Monte dei Paschi di Siena SpA (BMPS), news agency Ansa reported, without saying where it got the information.

Prosecutors in Siena also are investigating former executives at Monte Paschi for possible market manipulation, false accounting and obstructing regulators.

To contact the reporter on this story: Andrew Davis in Rome at abdavis@bloomberg.net

To contact the editor responsible for this story: Tim Quinson at tquinson@bloomberg.net

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