Morning Scan: Hedge Funds Sue BNY Mellon; Community Banks' Bond...
08/26/14
Receiving Wide Coverage ... Sued: Several hedge funds have sued Bank of New York Mellon over its trustee role in overseeing payments from bonds on which Argentina defaulted in 2001. The suit, filed in London, seeks access to the interest payments the funds claim they are owed, after a federal judge blocked the payments last month. Wall Street Journal Â...
[more]- Feeds Categories:
