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Italian police seize $54M in bank probe

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MILAN (AP) — Italian financial police are carrying out seizures of a total of €40 million ($54 million) as part of an investigation into embattled bank Monte dei Paschi di Sienna. Italian news agencies say Siena prosecutors ordered the seizures Wednesday. Prosecutors in Siena have been questioning former managers in recent days over allegations that the bank overpaid for the Italian bank...

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