Former State Street executive faces U.S. fraud trial

Ross McLellan, a former executive vice president of State Street Corporation, exits the federal courthouse in Boston, Massachusetts, June 4, 2018. REUTERS/Nate Raymond

BOSTON (Reuters) – A former executive at State Street Corp went on trial on Monday on U.S. charges that he participated in a scheme to defraud the bank’s clients by charging them secret commissions on billions of dollars in trades. Jury selection wrapped up on Monday in Boston federal court in the case of Ross […]

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