Updated Wednesday, June 19, 2013 as of 7:23 PM ET
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Judge Dismisses FX Pricing Suit Against BNY Mellon
Tom Steinert-Threlkeld
A circuit court judge in Virginia dismissed a suit that charged BNY Mellon with overcharging the state’s pension fund for foreign exchange transactions. The dismissal came after the Virginia Retirement Systems announced a renewal of a services contract with BNY Mellon.
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