Milan prosecutors are seeking jail sentences for ex-bankers of Banca Monte dei Paschi di Siena SpA, Deutsche Bank AG, Nomura Holdings Inc. involved in allegedly falsifying the accounts of the troubled Italian lender and requested almost $1 billion be seized from the foreign banks involved.
Prosecutors led by Giordano Baggio asked for jail sentences of five years and eight months in case of convictions for Deutsche Bank’s Michele Faissola, former head of global rates, for Michele Foresti, former head of structured trading, and Dario Schiraldi, former head of European sales. He asked for a six-year jail sentence for Sadeq Sayeed, former CEO of Nomura International.
