Bank of NY Mellon Settles $714 Million Over Fraudulent Foreign Exchange Practices
The Bank of New York Mellon Admits to Conduct Alleged In Federal and State Lawsuits, Including that Bank Offered “Best” Rates to Clients, But Actually Gave “Worst” Rates Bank Agrees to Terminate Employment Relationship with Responsible Executives Preet Bharara, the United States Attorney for the Southern District of New York, Eric T. Schneiderman, the Attorney
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