NEW YORK Nov 8 Bank of New York Mellon Corp
agreed to deal with Virginia over allegations it
overcharged the state pensions plans for currency trades,
according to public records and sources.
The terms of the deal between the bank and state officials
representing the Virginia Retirement System Fund were not
Virginia had sued BNY Mellon in Virginia state court.
BNY Mellon said in a statement that it has renewed its
contract with the Virginia state pension. But the bank declined
to comment on any deal over the litigation.