Italy Court Says UniCredit Mafia Probe Finds No Proof Of Wrongdoing

FLORENCE, Italy -- An Italian court said Saturday there was no proof to back up allegations that three executives at Italian lender UniCredit had helped a businessman who prosecutors claimed had links to the Sicilian mafia, according to a court document. Fabrizio Palenzona, Unicredit's deputy chairman, Massimiliano Fossati, its chief risk officer, and Alessandro Cataldo, its head of corporate banking in Italy, had been accused by anti-mafia prosecutors of helping to arrange debt restructuring fo...