At a hearing in Milan, preliminary hearing judge, Livio Cristofano, sent to trial all the 16 accused in the case, including former and current executives of the Sienese bank, Nomura International Plc, Deutsche Bank AG and its London branch.
The charges include false accounting, market manipulation and obstructing the oversight bodies
At the center of the investigation are two derivatives transactions, dubbed Santorini and Alexandria. According to the indictment, these transactions were used to conceal losses.
The trial will begin on December 15.