BNY Mellon Informant is Local Joe

October 31st, 2011 by Qui Tam

The whistleblower responsible for numerous lawsuits against custodial powerhouse BNY Mellon is Grant Wilson, a former currency trader in the bank’s Pittsburgh operation. The lawsuits stem from alleged charges that BNY Mellon provided its clients with least favorable currency rates, which allowed the bank to pocket additional exchange fees. Mr. Wilson maintained his anonymity as a whistleblower despite efforts by BNY Mellon to learn his identity and despite the suspicions of his colleagues.

For more information see:  http://online.wsj.com/article/SB10001424052970203499704576623210606537564.html?mod=djemalertNEWS

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