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The custodian bank settles with the U.S. Department of Justice, the New York Attorney General, the U.S. Department of Labor and the SEC.
The Bank of New York Mellon Corp. (BNY Mellon) has agreed to pay a total of $714 million to resolve “substantially all of the foreign exchange (FX)-related actions currently pending against the company,” say BNY officials. The settlements with the U.S. Department of Justice (DOJ), the New York Attorney General (NYAG), the U.S. Department of...
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