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​​​​​​​BNY Mellon Hid Self-Dealing From Investor, Suit Says

By Julie Manganis (January 12, 2024, 4:02 PM EST) -- The Bank of New York Mellon's wealth management arm steered a Boston client's funds into underperforming and overpriced investments in which the bank had an interest, paid itself interest on loans between his own accounts, and intentionally hid its conduct, the investor alleged in Massachusetts state court this week....

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