UPDATE 1-UK watchdog fines Bank of New York Mellon $185 million

April 15, 2015 10:23 AM

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LONDON, April 15 (Reuters) - Britain's markets regulator has fined Bank of New York Mellon 126 million pounds ($185.30 million) for failing to keep customer money safe during the financial crisis.

The Financial Conduct Authority (FCA) said on Wednesday the fine was levied on Bank of New York Mellon's London branch, and on Bank of New York Mellon International Limited for breaches that spanned nearly six years from November 2007 to August 2013.

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