BNY Mellon News

Florida Court Sides with Bank in Key Mortgage Liability Case

Florida’s highest court has ruled a homeowner cannot re-open a voluntarily dismissed foreclosure case despite allegations that the bank falsified documents, giving a win to banks in a closely watched ruling that could have affected thousands of cases in a …

BNY Mellon Settles N.Y. Probe Involving Insurer’s Debt Security Sale

The Bank of New York Mellon Corp. will pay $1.3 million to three states to settle an investigation into manipulative trading of auction rate securities facilitated by employees at one of the company’s subsidiaries, the New York attorney general’s office …