News Headline Summary

BNY Mellon (BK) sees USD 850mln charge on to US tax court ruling

- Co. barred by tax court from USD 199mln of foreign credits.
- Co. expects to be well capitalized after the charge.
- Co. to appeal the court's decision.

12 Feb 2013 - 00:37 - Equities - Source: Newswires

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: