Italian court convicts Deutsche Bank, Nomura in Monte Paschi derivative trial
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MILAN (Reuters) - An Italian court on Friday convicted 13 former bankers from Deutsche Bank, Nomura and Monte dei Paschi di Siena over derivative transactions that prosecutors say helped the Tuscan lender conceal massive losses.The verdict, read in court by lead judge Lorella Trovato, also ordered the seizure of 64 million euros from Deutsche Bank and 88 million euros from Nomura as part of the sentence. Monte dei Paschi itself settled in 2016.The case centres on two controversial derivatives..