Banks cleared after probe into Parmalat

first_img More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comConnecticut man dies after crashing Harley into live bearnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale Share whatsapp whatsapp Banks cleared after probe into Parmalat KCS-content Monday 18 April 2011 8:56 pm Show Comments ▼ A COURT in Milan has cleared Citigroup, Bank of America, Deutsche Bank and Morgan Stanley of market-rigging in a high-profile trial related to the 2003 collapse of food giant Parmalat.The four international banks had been charged for allegedly helping the Italian food group mislead investors at the time of the Parmalat scandal, dubbed Europe’s Enron. An Italian prosecutor had asked earlier this year that they should be fined and that about €120m (£105m) of their profits should be impounded.The four banks had repeatedly denied any wrongdoing. The Milan court also cleared all the executives at the four banks that had been charged in the trial. Tags: NULLlast_img read more