![]() But they can also hold these banks to the language they use.” ![]() “Certainly courts will disregard what’s deemed to be salesmanship and puffery. “Cases can very much turn on words,” said Anthony Sabino, a lawyer and business professor at St. What’s a few words among banks and their pension fund clients? ![]() REUTERS/Brendan McDermidīNY Mellon frequently told pension fund clients that it provided forex trades “free of charge.” Boston-based State Street was less direct in some of its promotional material, often describing its forex trades as “based on” market prices. A BNY Mellon sign is seen on their headquarters in New York's financial district, January 19, 2011. ![]()
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