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Stock Market & Financial Investment News

News Breaks
May 27, 2014
18:03 EDTBKBNY Mellon to record $100M charge in Q2 in connection with errors
BNY Mellon disclosed in a regulatory filing that based on recent discussions with tax authorities, the company expects to record a charge of approximately $100M after-tax, or approximately $125M pre-tax, in Q214 in connection with previously disclosed administrative errors relating to certain funds that it manages. The errors relate to questions about the resident status of certain funds, potentially exposing the company to a tax liability related to the fundsí earnings.
News For BK From The Last 14 Days
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March 27, 2015
06:49 EDTBKBNY Mellon may have contacted recruitment firm for CEO candidates, Reuters says
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March 25, 2015
07:35 EDTBKCFA Society of Minnesota to hold a luncheon meeting
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March 19, 2015
16:02 EDTBKBNY Mellon settles FX-related actions
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11:32 EDTBKBNY Mellon set to pay $700M to settle forex allegations, WSJ says
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11:16 EDTBKBNY Mellon close to deal to resolve forex litigation for $700M, Reuters reports
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