UBS, Deutsche dealt new blow by Italy fraud verdict - Reuters

[FraudNews]

table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHcronHFE-mHTEAOUz-y0YIsBPqWgamp;url=http://hereisthecity.com/2012/12/19/deutsche-bank-ubs-convicted-by-milan-judge-for-fraud-role/img src=//nt3.ggpht.com/news/tbn/hypwT7RhLzFstM/0.jpg alt= border=1 width=80 height=60 /br /font size=-2Here Is The City/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHaGiDZMluQ4U0KcOAbqU RKVf-e_wamp;url=http://www.reuters.com/article/2012/12/19/us-italy-banks-trial-idUSBRE8BI0UK20121219bUBS, Deutsche dealt new blow by Italy bfraud/b verdict/b/abr /font size=-1bfont color=#6f6f6fReuters/font/b/fontbr /font size=-1VX) guilty of bfraud/b for mis-selling derivatives to Milan that could set a precedent for hundreds of local governments to pursue. The court ordered the seizure of just under 90 million euros from the lenders which were each fined 1 million euros ($1.3 b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFVGKXXgWGd5iicWF09dR qZj6tmzgamp;url=http://www.scmp.com/business/banking-finance/article/1108587/major-banks-convicted-milan-fraud-caseMajor banks convicted in Milan bfraud/b case/afont size=-1 color=#6f6f6fnobrSouth China Morning Post/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNE25zDR9oKDP8i7RwWVJm NIOFIBKQamp;url=http://www.bloomberg.com/news/2012-12-19/deutsche-bank-ubs-convicted-by-milan-judge-for-role-in-fraud.htmlDeutsche Bank, UBS Convicted by Milan Judge for Role in bFraud/b/afont size=-1 color=#6f6f6fnobrBloomberg/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNH7ginvN_I5gh79lGeEy7 WMx29NQwamp;url=http://www.nytimes.com/2012/12/20/business/global/four-banks-found-guilty-of-fraud.htmlFour Banks Found Guilty of bFraud/b - NYTimes.com/afont size=-1 color=#6f6f6fnobrNew York Times/nobr/font/fontbr /font size=-1 class=pa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHcronHFE-mHTEAOUz-y0YIsBPqWgamp;url=http://hereisthecity.com/2012/12/19/deutsche-bank-ubs-convicted-by-milan-judge-for-fraud-role/nobrHere Is The City/nobr/a/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?ncl=dGxz4aQCH5s4FvMGk3CXqI8-OmCRMamp;ned=en_zanobrball 116 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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