Posts Tagged "intern"

BNY Mellon pays $15 million to settle intern probe

BNY Mellon pays $15 million to settle intern probe

Financial institution of New York Mellon will spend $ fifteen million to settle charges that it violated an anti-bribery legislation by selecting interns that had been family members of Middle Jap officials. The U.S. Securities and Exchange Commission alleged that BNY Mellon breached the Foreign Corrupt Methods Act in 2010 and 2011 when lender workers “sought to corruptly affect foreign…

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