- Most of bank’s government bond portfolio covered by Interest rate swaps, which was hit by the euribor fall
- Repo deals under review we probably made to conceal losses, also linked to other operations and spread losses over time
- Believes 3 structured trades under review had nothing to do with Antonveneto
- No evidence of any possible bribe linked to the Antonveneto deal
- Request of Euro 3.9 bln is state aid won’t be raised in the light of recent events
Reuters reporting