Friday, August 3, 2012

Reuters: US Dollar Report: State Street FX settlement talks advance with Arkansas pension

Reuters: US Dollar Report
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State Street FX settlement talks advance with Arkansas pension
Aug 3rd 2012, 22:13

BOSTON | Fri Aug 3, 2012 6:13pm EDT

BOSTON Aug 3 (Reuters) - State Street Corp and an Arkansas pension fund that accuses the bank of overcharging on foreign currency trades will meet with a mediator to discuss the dispute, court records show.

After a June 22 settlement conference, State Street and the Arkansas Teacher Retirement System agreed to engage in mediation, according to a status reported filed with the U.S. District Court in Boston.

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