State Street to pay $115 million criminal fine for overcharges – U.S. Justice

(Reuters) State Street Corp agreed to pay a $115 million criminal penalty and enter a deferred prosecution agreement to resolve charges the bank defrauded customers by secretly overcharging them for back-office expenses, the U.S. Department of Justice said on Thursday.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Comments are closed.