6 hrs ago
Press & Sun-Bulletin
The Buzz: Former NYSEG head still a player in corporate world
Sixty-nine-year-old Wesley W. von Schack, the man at the helm of Energy East for 14 years, didn't use his lucrative pension from NYSEG's former parent and his multi-million dollar payout when the utility was bought by Iberdrola to fund a life of leisure.
Trending on the Topix Network
10 hrs ago
The Bank of New York Mellon's Stable Value Fund Now Accepting New Investors
Shortly thereafter, the Fund began accepting new investors with . "We are pleased to see the amount of new stable value investment capacity that has been added to our industry over the past two years," said in a prudent manner for plan participants, matching new investment demand with new product investment capacity."
Wed Apr 16, 2014
John Horseman Is Betting Big On Financial Stocks And Gold Mining Companies
John Horseman , the manager of Horseman Capital Management , has high hopes for gold mining companies and is perhaps betting on a recovery of Gold.
National Public Radio
Bank Of America Posts Loss, Hurt By Legal Expenses
Bank of America said Wednesday that it swung to a loss in the first quarter, hurt by $6 billion in legal expenses.
E-Cigarettes, Momentum to Legalize Marijuana Could Revive Tobacco...
While the ENDS industry initially was dominated by small entrepreneurial companies, TBC estimates that the largest three tobacco companies in the U.S. now hold approximately 25 percent of the global market.
Tue Apr 15, 2014
SADIF Analytics releases new summary due diligence report for The...
Ilhavo, Portugal - SADIF Investment Analytics, announces a new summary due diligence report covering The Bank of New York Mellon Corporation .
WTI Oil Falls From Five-Week High on Supply Outlook
West Texas Intermediate fell from a five-week high amid speculation that crude inventories rose last week and as manufacturing in the New York region slowed.
Empire State manufacturing activity 1.29 vs. 8.00 forecast
Investing.com Manufacturing activity in the State of New York rose less-than-expected last month, official data showed on Tuesday.
Mon Apr 14, 2014
Consumers' view of U.S. job market brightened in March: NY Fed
U.S. consumers grew more confident in the labor market last month, with younger workers in particular seeing a greater chance of finding work should they lose their current job, a survey from the Federal Reserve Bank of New York said on Monday.
Fri Apr 11, 2014
BNY Mellon more valuable with asset management unit spun off: Analysts
At annual meeting, CEO faces down analysts who say shareholders would gain more value if the big bank broke off Mellon Top brass at the Bank of New York Mellon Corp. are facing down questions about whether to spin off its asset management unit.
Everything Must Go: Eataly's Soon-to-Shutter Wine Store Offering Crazy Deals
As part of their recent agreement with the SLA , Mario Batali and Joe Bastianich are closing Eataly Vino for six months starting next week.
Thu Apr 10, 2014
Wall Street Journal
NY Fed Survey: Dealers Expected Fed to End Thresholds at March FOMC
Surveyed ahead of the Federal Reserve's March policy meeting, Wall Street's biggest banks broadly expected the central bank to stop providing numbers-based guidance about the timing of a future interest rate increase.
Carolyn L. Evans
Carolyn L. Evans is Associate Professor of Economics at Santa Clara University. She specializes in international economics and political economy and has worked at the Federal Reserve Bank of New York, the Federal Reserve Board of Governors, and the White House Council of Economic Advisers.
When the Messenger Is Worth Shooting
April is cruel for other reasons. It's Financial Literacy Month, when well-meaning experts bear the bad news: many of us are financial fools.
BNY Mellon teams with OTC Markets on index launch
According to the firms, the new index is comprised of the top 30 OTCQX ADRs based on market capitalization, volume and liquidity, including such well-known global companies as AXA , Adidas AG , British Sky Broadcasting Group Plc , Danone , and Roche Holding Ltd. .
Sherburne Steps Down as GC at BNY Mellon
Jane Sherburne is handing over the reins of senior executive vice president and general counsel of The Bank of New York Mellon Corporation to J. Kevin McCarthy, who will assume the post on April 15. Sherburne announced in an email to her colleagues that she is stepping down to consider opportunities in both the public and private sectors.
Wed Apr 09, 2014
Bank Regulators Approve $68 Billion Capital Increase
The eight biggest U.S. banks will need a total of about $68 billion in additional capital under a new federal rule [PDF] the financial services industry tried to kill.
Las Cruces Sun-News
Supreme Court case offers lessons for mortgage lenders
Lenders who resell or buy mortgage loans might feel the impact of a February decision by the New Mexico State Supreme Court that affects their ability to foreclose if the borrower defaults.
Long Island Business News
Ones to Watch: Banking/Wealth Management
Based in Jericho, Alibrandi is the team leader of the Long Island commercial real estate lending team for Valley National Bank.
BNY Mellon shareholders keep top corporate structure
For Bank of New York Mellon Corp., "2013 was a pretty good year," CEO Gerald Hassell told shareholders Tuesday at the trust and custody giant's annual meeting in New York City.