Bank of New York Mellon Clears Pricing Backlog for Funds

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Bank of New York said it finished working through a massive backlog of mutual and exchange-traded fund-pricing issues before the market opened, ending a weeklong struggle by the company to provide accurate asset values.

A Bentley, Secret Emails and a Credit-Card Antitrust Case. The Strange Life of Lawyer Keila Ravelo

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When federal agents showed up at Keila Ravelo’s home three days before Christmas, they kicked off a chain of events that could send her to prison and scuttle the biggest antitrust settlement in U.S. history.

VW Is Told to Shed Suzuki Stake

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An international court has ordered Volkswagen of Germany to sell its nearly 20% stake in Suzuki, allowing the Japanese auto maker to extricate itself from the tie-up after a four-year struggle.

Rocky Markets Could Be Good for These Stocks

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Exchanges and market makers are getting a fresh look from portfolio managers seeking out investments likely to benefit from the large market swings.

China's Two-Yuan Dilemma

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Since China devalued the yuan on Aug. 11, the spread between its value in Hong Kong and in the mainland has widened—a complication for Beijing’s ambitions to raise the currency’s global profile.

Fed Appears to Hold Line on Rate Plan

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Federal Reserve officials emerged from a week of head-spinning financial turbulence largely sticking to their plan to raise U.S. interest rates before the end of the year.

Fed Appears to Hold Line on Rate Plan

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Federal Reserve officials emerged from a week of head-spinning financial turbulence largely sticking to their plan to raise U.S. interest rates before the end of the year.

New Tallest Skyscraper Planned for Tokyo

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Japanese property developer Mitsubishi Estate plans to build what would be Japan’s tallest skyscraper as part of an $8.3 billion development in central Tokyo, the latest sign of a surging property market in the capital.

BNY Mellon's Pricing Problems Persist

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Executives at Bank of New York Mellon Corp. are racing against the clock to make it through a backlog of pricing issues before the markets open Monday morning.

Meet the Private Watchdogs Policing Finance

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The use of outside monitors to police financial institutions that have misbehaved has exploded in recent years, sometimes generating friction.

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