This might tell you a thing or two. This is from a press release in late 2018 from the US Securities and Exchange Commission.
BNY Mellon to Pay More Than $54 Million for Improper Handling of ADRs
The Securities and Exchange Commission today announced that Bank of New York Mellon will pay more than $54 million to settle charges of improper handling of “pre-released” American Depositary Receipts (ADRs).
What a mess this Company has become.
I ain't surprised , I see the c-ap show daily !!
It's about to crash in spectacular style..
Honestly no one is surprised , bny is in auto pilot mode. the board is just buying time before .. it crashes !!
BNY should expect many more “mistakes” since letting go so many experienced workers and reorganizing the rest into senseless groups. It’s only a matter of time before there is not enough functioning intellegence left to run the business.
So wats chuck.s reaction is he shrugging his shoulder ?