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Bank of New York News

News on Bank of New York (Ticker: BK) continually updated from thousands of sources around the net.

6 hrs ago | Murfreesboro Post

Legal/Public Notices for 02/12/12 - Substitute Trustee's Sales

NOTICE OF SUBSTITUTE TRUSTEE`S SALE WHEREAS, default has occurred in the performance of the covenants, terms and conditions of a Deed of Trust dated May 25, 2006, executed by RONALD D. MARSHALL, SHEILA A. MARSHALL, conveying certain real property therein described to Robert M. Wilson, Jr., as Trustee, as same appears of record in the Register's ... (more)

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Related Topix: Rutherford County, TN, Tennessee, Banking, Financial Services, BNY Mellon, Murfreesboro, TN, Only, TN

Thu Feb 09, 2012

Bloomberg

Fed Playing Favorites With Wall Street in Secretive Bond Deals: Mortgages

The Wall Street sign is displayed in front of the New York Stock Exchange in New York, U.S. The Wall Street sign is displayed in front of the New York Stock Exchange in New York, U.S. Photographer: Scott Eells/Bloomberg The Federal Reserve secretly selected a handful of banks to bid for debt securities acquired by taxpayers in the U.S. bailout of ... (more)

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Related Topix: Home, Mortgage, Personal Finance, Insurance, American International Group, Banking, Financial Services, Goldman Sachs, Investment Services, Barclays plc

Houston Home-Journal

NY Fed Got $3.2 Billion From Maiden Lane II Bond Sale Last Month

Federal Reserve Bank of New York received $3.2 billion from the special entity it created to sell mortgage bonds it acquired in the 2008 bailout of American International Group Inc.

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Related Topix: Banking, Financial Services, Federal Reserve Bank of New York, Insurance, American International Group, Nicole Scherzinger, Dance, Hot Chicks

Reno Gazette-Journal

Reno launches open government website, details city finances

After six months of work, the city of Reno unveiled Transparent Reno on Thursday, a website that details all checks the city writes to vendors - from the phone company to the Bank of New York for various bond payments.

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Related Topix: Reno, NV, Banking, Financial Services

Bloomberg

Goldman Sachs Kept Almost All of Mortgage Bonds Bought From Fed, Data Show

Goldman Sachs Group Inc. held on to almost all of the $6.2 billion in face value of mortgage bonds that the Federal Reserve Bank of New York sold the company yesterday, based on data from Trace, the transaction reporting system of the Financial Industry Regulatory Authority.

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Related Topix: Financial Markets, Goldman Sachs, Financial Services, Investment Services, Home, Mortgage, Personal Finance, Banking, Federal Reserve Bank of New York

NJ.com

Jersey City, Weehawken, and Bayonne to share $3.3 million in federal grants for affodable housing

"The Jersey City Housing Authority has been recognized for their leadership in transforming public housing from a place of last resort to a true community," Healy said.

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Related Topix: Bayonne, NJ, Federal Home Loan Bank of New York, Banking, Financial Services, Jersey City, NJ, Hudson County, NJ

Wed Feb 08, 2012

FiveThirtyEight

DealBook: Goldman Wins New York Fed Auction for A.I.G. Assets

On Wednesday, the Federal Reserve Bank of New York announced that it had sold assets with a face value of $6.2 billion to Goldman, which trumped four other investment banks for the securities.

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Related Topix: Goldman Sachs, Financial Services, Investment Services, Banking, Federal Reserve Bank of New York, Home, Mortgage, Personal Finance, Financial Markets

Reuters

NY Fed sells $6.2 bln in mortgage bonds to Goldman

The Federal Reserve Bank of New York said on Wednesday it sold $6.2 billion worth of residential mortgage-backed securities to Goldman Sachs Group Inc, its second major sale this year of assets acquired in the 2008 government bailout of insurer American International Group Inc.

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Related Topix: Goldman Sachs, Financial Services, Investment Services, Home, Banking, Mortgage, Personal Finance, Federal Reserve Bank of New York, Financial Markets

Sys-Con Media

AU Optronics Corp. Reports 4Q2011 Financial Results

AU Optronics Corp. today held its investors conference and announced its unaudited results for the fourth quarter of 2011 .

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Related Topix: AU Optronics, Electronics, Banking, Financial Services

Tue Feb 07, 2012

Investopedia

Tobacco Stocks Are Still Addictive

While their products may be controversial, sinful stocks have been some of the best wealth generators of all time.

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Related Topix: Financial Markets, Banking, Financial Services, Altria Group, Tobacco, Smoking, Medicine, Health

Mon Feb 06, 2012

Wall Street Journal

For Sale: AIG's Subprime Bonds

Five Wall Street banks have been invited to bid this week for another multibillion-dollar bundle of risky mortgage bonds held by the Federal Reserve Bank of New York as a result of its 2008 rescue of American International Group Inc.

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Related Topix: Financial Markets, Home, Mortgage, Personal Finance, Banking, Financial Services, Federal Reserve Bank of New York, Insurance, American International Group

Forbes.com

New York Fed May Give Goldman Another Shot At Maiden Lane II

A funny thing happened on the way to the market close on Friday.A Bloomberg News released a story that the Federal Reserve Bank of New York received another unsolicited bid for a block of the residential mortgage-backed securities bonds they couldn't give away last summer.

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Related Topix: Goldman Sachs, Financial Services, Investment Services, News, Banking, Federal Reserve Bank of New York, Financial Markets

Sun Feb 05, 2012

The Jersey Journal

Senior Spotlight: Bank awards $1.4 million in housing grants

NEWARK - The Federal Home Loan Bank of New York has announced that a total of $1.4 million in affordable housing grants have been made to help finance senior citizen housing programs in Newark and Orange.

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Related Topix: Federal Home Loan Bank of New York, Banking, Financial Services, Family, Elderly (Senior Citizen), Newark, NJ, Orange, NJ

Knoxville News Sentinel

Real Estate Foreclosures - 2/5/11

Rubin Lublin Suarez Serrano TN LLC, substitute trustee, to Bank of New York and CWABS Inc., in Harvest Creek subdivision, $148,050. Rubin Lublin Suarez Serrano TN LLC, substitute trustee, to Bank of New York and CWABS Inc., on Frazier Road, $130,500. Rubin Lublin Suarez Serrano TN LLC, substitute trustee, to U.S. Bank and Merrill Lynch, in ... (more)

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Related Topix: Banking, Financial Services, Harvest, Sports

Sat Feb 04, 2012

BusinessWeek

Euro Drops as Greek Debt Stalemate Increases Crisis Concern

The euro fell against the yen, dropping from a one-month high, as an unresolved Greek debt-swap agreement with private bondholders added to concern the region's fiscal crisis is far from over.

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Related Topix: Greece, NY, Banking, Financial Services, Jay, NY, Financial Markets

Fri Feb 03, 2012

Fox News

Risky Mortgage-Bond Trading Rise May Invite Fed Sale

Trading in the riskiest mortgage-backed securities has more than doubled since the start of the year, encouraging once-shy investors to try to strike deals with motivated sellers, including the Federal Reserve Bank of New York .

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Related Topix: Home, Mortgage, Personal Finance, Banking, Financial Services, Federal Reserve Bank of New York, Insurance, American International Group

Wall Street Journal

Fed May Sell More AIG Bonds as Risk Hunger Picks Up

Trading in the riskiest mortgage-backed securities has more than doubled since the start of the year, encouraging once-shy investors to try to strike deals with motivated sellers, including the Federal Reserve Bank of New York.

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Related Topix: Financial Markets, Financial Services, Federal Reserve Bank of New York, Banking

Bloomberg

New York Fed Said to Be Seeking Bids for More Bonds Assumed in AIG Rescue

The Federal Reserve Bank of New York is seeking offers for more of the mortgage bonds assumed in the government rescue of American International Group Inc.

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Related Topix: Banking, Financial Services, Financial Markets, Federal Reserve Bank of New York, Insurance, American International Group, Goldman Sachs, Investment Services, US News

Thu Feb 02, 2012

Daily Journal of Commerce

A good bank stock in Canada

Dear Mr. Berko: I have $16,000 to invest in my IRA, and my broker has recommended that I buy Citigroup, Bank of America, Wells Fargo, JPMorgan and Bank of New York.

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Related Topix: IRA, Personal Finance, Banking, Financial Services, Citigroup, Fifth Third Bancorp, Synovus Financial

Long Island Business News

Fed approves FNBNY acquisition of Madison Nat'l

The Fed said it gave the green light for the investors to acquire all of the Melville-based bank's stock.

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Related Topix: Banking, Financial Services, Federal Reserve Bank of New York, Melville, NY, Lisbon, NY, Jay, NY

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