Argentina Bond Judge Orders BNY Payment Returned

Argentina Bond Judge Orders BNY Payment Returned Play

June 27 (Bloomberg) -- Bank of New York Mellon must return a $539 million deposit from Argentina intended for restructured bondholders, a U.S. judge ruled, calling the transfer an “explosive action” that disrupted potential settlement talks with holders of defaulted debt. Katia Porzecanski has more on "Bottom Line." (Source: Bloomberg)

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