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The verdict, read in court on Friday by lead judge Angela Scalise, overturned a previous ruling in the case and also canceled seizures previously imposed on Deutsche Bank and Nomura Holdings (NYSE:NMR) Inc for respectively 64.9 million and 88 million euros.
Monte dei Paschi had reached a settlement with the court over the case in 2016 at a cost of 10.6 million euros ($11.2 million).
($1 = 0.9451 euros)