Former Lehman Derivatives Banker Helps Paschi Unravel Contracts

Former Lehman Derivatives Banker Helps Paschi Unravel Contracts

Alessia Pierdomenico/Bloomberg

A logo sits on a window at the headquarters of Banca Monte dei Paschi di Siena SpA in Siena, Italy. Riccardo Banchetti’s firm, Eidos Partners Holdings Ltd., helped Monte dei Paschi reveal how three deals, dubbed Santorini, Alexandria and Nota Italia, obscured the bank’s true accounts and hid previous losses.