Clients Trying to Avoid Deposit Charges: BNY Mellon
Bank is helping customers pull cash from Denmark and Switzerland, CEO says.
By Dale Crofts, Bloomberg|September 14, 2012 at 04:48 AM|Originally published on Treasuryandrisk.Com
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Bank of New York Mellon Corp., with $27.1 trillion of assets under custody and administration, said it’s helping clients pull cash from Denmark and Switzerland as the central banks take measures to stem appreciating currencies.