Bank of New York News

BNY Mellon Wealth Management on Wednesday promoted wealth strategist Dana Halberg chairman of BNY Mellon Wealth Management in Georgia.

The Minister of Finance, Augustine Nganfuan has announced in Monrovia that an international investment group, the Hamsah Investments Limited and Wall Capital Limited has sued the Liberian Government in a British High Court in London for a Summary Judgment to enforce a 2002 New York judgment for over US$ 20million.

Cayce, SC, December 1, 2009 - South Carolina Electric & Gas Company , principal subsidiary of SCANA Corporation , announced that on December 30, 2009, it will redeem for cash all outstanding shares of its cumulative preferred stock representing an aggregate par value of $113.4 million.

Insurance giant American International Group Inc said on Tuesday it had closed two transactions that reduce its debt with the Federal Reserve Bank of New York by $25 billion through two debt-for-equity swaps.

The Federal Reserve is taking steps to fine-tune a strategy to reel in some of the unprecedented amount of money that's been pumped into the U.S. economy during the financial crisis.

The Bank of New York Mellon Corporation - Financial and Strategic Analysis Review - new report released © companiesandmarkets.com companiesandmarkets.com 2009-11-30 08:06:57 - The Bank of New York Mellon Corporation - Financial and Strategic Analysis Review - a new market research report on companiesandmarkets.com ...

BlackRock Enhanced Government Fund, Inc. announced the expiration of the Funda s annual repurchase offer for its shares of common stock.

Noted economist Henry Kaufman is not one to keep his opinions to himself, and he is not shy in sharing his philosophy that in order for the country to sustain economic growth, it can't be business as usual.

Things are so bad for Tim Geithner, who shouldn't have been appointed in the first place,A and should have resigned back in March, that even a column in Forbes by Thomas Cooley designed to buck him up for the tough times ahead acknowledges the horrid job he did running the Federal Reserve in New York, particularly with the AIG situation: The most ...

By Alain Sherter The Federal Reserve Board is changing itsA rules A for board membersA of member banks, presumably to avoid the sort ofA blatant conflict of interest thatA clouded Stephen Friedman 's tenure as chairman of the Federal Reserve Bank of New York .

"Too big to fail" meets "Just the right size to steal from the taxpayers." Sounds like a horror movie - and believe me, if you read this piece by Jill Schlessinger at CBS News' Econowatch, you will be sickened by this colossal boondoggle that not only cost taxpayers tens of billions of dollars but actually enriched Geithner's Wall Street friends in ...

Submitted by PonteVedraMan on Mon, 11/23/2009 - 13:15. It wasna TMt enough that he failed to pay four years of income taxes totaling $70,000, in the Messiah Obama genuflections by the Congress and the media he was confirmed as the Secretary of the Treasury.

Economic conditions for manufacturers in New York remain positive and continue to improve, according to a survey published Monday.

Today is the official release of Georges Duboeuf Beaujolais Nouveau and the wine company is sharing the love.

BK:NYSE Nov. 20, 2009 - $26.05 Dividend = $0.09 quarterly = 1.38% current yield Bank of New York Mellon was created by the July 2007 merger between Mellon Financial and Bank of New York making it one of the world's largest financial services companies.

While Edward Graziano sits in jail awaiting trial on charges he tried to have his wife killed, a bank is foreclosing on his Dunedin home.

As everyone knows by now, Neil Barofsky, special inspector general for TARP, has a new report out on the decision by the Federal Reserve Bank of New York last Fall to make various AIG counterparties whole on the the CDS protection they had bought from AIG to cover their risk on some CDOs.

WASHINGTON: Like a boxer under siege, Treasury Secretary Timothy Geithner on Thursday rebuffed calls from Republicans to resign and slugged it out with lawmakers over Obama administration economic policies.

Republican lawmakers demanded a Congressional hearing to review whether the Federal Reserve Bank of New York was unprepared to deal with the bailout of American International Group Inc.

Goldman Sachs apologised for its role in the financial crisis on Tuesday and pledged $500m over five years - " or about 2.3 per cent of its estimated bonus and salary pool for 2009 - " to help 10,000 US small businesses recover from the recession.. Lloyd Blankfein, Goldman's chief executive, told a corporate conference in New York that the bank ...