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Prosecutors Said to Seek JPMorgan Indictment on Paschi

Siena prosecutors requested that JPMorgan Chase & Co. stand trial for obstructing regulators as part of a wider probe into Banca Monte dei Paschi di Siena SpA’s purchase of Banca Antonveneta SpA, according to four people with knowledge of the matter.

Prosecutors allege JPMorgan withheld information from regulators about a 1 billion-euro ($1.3 billion) financing the New York-based bank arranged for Monte Paschi’s takeover of Antonveneta in 2008, said the people, who asked not to be identified because the request is not public.