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...In all, six banks – BNY (now Bank of New York Mellon), BB&T, Sovereign (now a unit of Santander), Wachovia (now part of Wells Fargo), Washington Mutual and Wells Fargo – participated in Stars deals with...
...The latest lawsuit was filed by the Southeastern Pennsylvania Transportation Authority, which accuses Bank of New York Mellon of bilking its pension fund during forex trades....
...Twenty- nine percent of all the public-transportation commuters in America live in New York’s five boroughs....
...Custodian banks, normally seen as among the safest banking stocks, suffered, with State Street losing 27 per cent to $44 and Bank of New York Mellon down 27.2 per cent at $26.50....
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