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KM Financial Solutions | Ex-State Street executive cheated clients with secret fees: U.S. prosecutor
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Ex-State Street executive cheated clients with secret fees: U.S. prosecutor

04 Jun Ex-State Street executive cheated clients with secret fees: U.S. prosecutor

Posted at 15:43h in News by
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BOSTON, June 5 (Reuters) – A former State Street Corp
executive directed a fraudulent scheme to overcharge
several of the bank’s clients, including Kuwait’s sovereign
wealth fund, by applying secret commissions to billions of
dollars’ worth of trades, a U.S. prosecutor told jurors on
Tuesday.

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