Bank of New York Mellon settled the last major lawsuit related to its foreign exchange misgivings late last week for a total figure of $180 million – finally putting a lid on an issue that has been nagging the global custody bank for several years. BNY Mellon’s settlement of the class-action suit means that only a few small lawsuits brought against the bank by individual clients remain to be dealt with.

Topics:  new york mellon   bny mellon s   finally   million   settlement   bank   

 

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