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Ex-State Street Exec OK'd Hidden Fees, Key Witness Says

By Alison Noon (June 8, 2018, 10:02 PM EDT) -- A former director at State Street Corp. who admitted that he conspired to overcharge clients in 2010 and 2011 testified Friday that his boss approved the method that hid millions of dollars in commissions and knew about "nonsense" contracts intended to dupe some of the bank's biggest clients....

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