Business

Italy Tries to Repair a Power Mission: Slack Courts

ROME—In 2009, Italian prosecutors began investigating Financial institution of The United States Merrill Lynch and conception to be one of its workers after a regional authority suffered losses on a derivative contract it had signed with the bank.

A plump decade later, after spending years in court docket below the risk of heavy fines and long detention heart terms, every person accused used to be acquitted, with judges ruling that no crime had taken establish.

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