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Violation Tracker Individual Record

Company: Bank of New York Mellon
Current Parent CompanyBank of New York Mellon
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $714,000,000
Year: 2015
Date: March 19, 2015
Offense Group: financial offenses
Primary Offense: banking violation
Secondary Offense: fraud
Violation Description: The United States Attorney for the Southern District of New York, the Attorney General for the State of New York, the U.S. Secretary of Labor and the Securities and Exchange Commission announced a settlement of civil lawsuits against Bank of New York Mellon alleging that it engaged in fraud and other misconduct when providing foreign exchange services to its customers.
Level of Government: federal
Action Type: agency action
Agency: U.S. Attorney-Southern District of New York
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: banking
Source of Data(click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.