Bank of New York Mellon Corp. is preparing to charge some large depositors to hold their cash, in the latest sign of global economic worries. The big U.S. custodial bank said this week in a note to clients that it will begin slapping a fee next week on customers that have vastly increased their deposit balances over the past month. The fee is to offset costs incurred by banks holding funds (such as the fee they must pay to FDIC to cover its depositors insurance fund), versus interest paid on very short term loans, which fell below 0% today. The Federal Reserve has flooded the financial system with cash in its
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