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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 | 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.

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Related Topix: Energy East, Energy, Banking, Financial Services, BNY Mellon, Manufacturing, Teledyne Technologies, Aerospace-Defense

10 hrs ago | Hispanic Business

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."

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Related Topix: Banking, Financial Services, BNY Mellon

Wed Apr 16, 2014

Insider Monkey

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.

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Related Topix: Financial Markets, Banking, Financial Services, Warren Buffett, Goldman Sachs, Investment Services, Wells Fargo

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.

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Related Topix: Home, Mortgage, Personal Finance, Banking, Financial Services

Sys-Con Media

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.

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Related Topix: Marijuana, BNY Mellon, Financial Markets, Banking, Financial Services

Tue Apr 15, 2014

PR-inside.com

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 .

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Related Topix: Banking, Financial Services

Bloomberg

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.

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

Jerusalem Post

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.

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

Mon Apr 14, 2014

Reuters

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.

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

Fri Apr 11, 2014

InvestmentNews

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.

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Related Topix: BNY Mellon, Banking, Financial Services, Dreyfus Strategic Municipal Bond Fund, Dreyfus Strategic Municipals, Mutual Funds, Personal Finance, Investment Services

Eater

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.

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Related Topix: Life, Food, Chefs, Mario Batali, Banking, Financial Services

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.

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

InformIT

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.

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Related Topix: Santa Clara University, Financial Services, Federal Reserve Bank of New York, Banking

Bloomberg

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.

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Related Topix: Marketing, Family, Kids, Banking, Financial Services, Federal Reserve Bank of New York, Mortgage, Personal Finance

M2.com

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. .

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Related Topix: Banking, Financial Services, BNY Mellon

Law.com

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.

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Related Topix: Sherburne, NY, BNY Mellon, Banking, Financial Services

Wed Apr 09, 2014

Law.com

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.

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Related Topix: Banking, Financial Services, BNY Mellon, Goldman Sachs, Investment Services, Citigroup

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.

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Related Topix: Home, Mortgage, Personal Finance, Banking, Financial Services, Chimayo, NM, Espanola, NM, Foreclosures

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.

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Related Topix: Home, Mortgage, Personal Finance, Marketing, Banking, Financial Services, New York, Medford, NY

Post-gazette.com

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.

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Related Topix: BNY Mellon, Banking, Financial Services

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