Fazio could face extra charges - report

According to a report by Il Sole 24 Ore, Milan prosecutors have gathered together enough evidence to charge the former governor of Banca d'Italia, Antonio Fazio, with market-rigging.

Sources quoted in the report suggested that the same charge has already been brought against Mr Fazio's former head of banking supervision, Francesco Frasca.

Both men are accused by Rome prosecutors of abusing their position, while Mr Fazio is also charged with insider trading in Milan, the report added.

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