Jason Apollo Voss
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Applauding BNY Mellon’s Move on Excess Cash Balances

by Jason Apollo Voss | 06 08 2011 | Blog

  Late Thursday night there was a potentially important development in terms of righting the U.S. economic ship.  Bank of New York Mellon (BNY Mellon) moved to charge extra fees on its clients that hold more than $50 million in cash deposits with the bank. Why is...
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