Back to Search Start Over

Bank Will Pay Over Its Hiring Of Interns.

Authors :
HUANG, DANIEL
GLAZER, EMILY
Beilfuss, Lisa
Source :
Wall Street Journal - Eastern Edition. 8/19/2015, Vol. 266 Issue 42, pC1-C2. 2p. 1 Color Photograph.
Publication Year :
2015

Abstract

The article states that Bank of New York (BNY) Mellon Corp. agreed on August 18, 2015, to pay a $14.8 settlement concerning charges that it violated foreign bribery laws by bestowing internships to relatives of a Middle Eastern sovereign-wealth fund. According to the article, the settlement was the result of an enforcement action by the U.S. agency the Securities and Exchange Commission (SEC) under the U.S. legislation the Foreign Corrupt Practices Act (FCPA).

Details

Language :
English
ISSN :
00999660
Volume :
266
Issue :
42
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
108975203