BNY Mellon to U.S. judge: What should we do with Argentina’s money?

Bank of New York Mellon, fearful of being sued by Argentine bondholders and unwilling to defy a court order blocking their coupon payments, will seek guidance from U.S. Judge Thomas Griesa on what to do with the money, a source said on Wednesday. “Following an exchange of letters today, the court…

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BNY Mellon to U.S. judge: What should we do with Argentina’s money?