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Argentina Banishes BNY As Hedge Funds Sue Bank In UK

By Stewart Bishop (August 26, 2014, 4:36 PM EDT) -- Argentina on Tuesday said Bank of New York Mellon Corp. was no longer welcome to operate in the country as hedge funds backed by George Soros and others sued the bank over its blocking of a $539 million bond payment that led to Argentina's second default in 13 years....

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