The Bank of Butterfield has been caught up in a stock scandal that has hit some of Wall Street's best-known brokerage houses.One of the bank's clients - American Michael Morse - has been accused of ripping off brokers through a scam involving the technique of ‘short selling'.Butterfield was named as a defendant in a court action brought at Bermuda Supreme Court this week by giant US investment firm, Merrill Lynch.
Articles Banks & Trusts Bermuda Fraud Investment USAOctober 6, 1994
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Banks & Trusts Bermuda Fraud Investment USAKeywords
Butterfield Bank Merrill Lynch Michael Morse