Italy court postpones derivatives trial verdict on ex Monte Paschi execs
MILAN (Reuters) – An Italian appeals court on Monday postponed its verdict in the case of three former executives of Banca Monte dei Paschi di Siena over derivative deals blamed for playing a part in the downfall of the Tuscan lender. The Milan Court of Appeal deferred the verdict to Dec. 11 due to one of the three judges on the panel being unwell. The verdict is being closely watched by investors in Monte Paschi since the derivatives cases, together with losses suffered by MPS during the euro zone debt crisis, had threatened to destabilise Italy’s financial industry and forced