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NEWS ABOUT: BNY Mellon

Bank Charges for Deposits as Investors Panic

Banking giant slaps fee on major accounts

(Newser) - So many big investors are fleeing stock market turmoil for the safety of bank accounts that money market rates have dropped below zero and large amounts of cash have become a nuisance for at least one institution. Bank of New York Mellon, which specializes in handling cash for corporations and... More »

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