Bank of New York News

The Federal Reserve Bank of New York on Tuesday said it received nearly $24 billion in cash from non-agency residential mortgage bonds held in a portfolio taken on during the 2008 bailout of American International Group, resulting in a $2.85 billion profit.

A Chinese computer programmer on Tuesday pleaded guilty to stealing software code from the Federal Reserve Bank of New York.

The ADRs are floated on the NASDAQ Global Select Market under the symbol HIMX. Each ADR represents two common shares in Himax.

The collapse of Lehman Brothers caused industry revenue to suffer significantly.

"You've got to have a strategy and you've got to constantly make sure it's the right strategy," said Barry Switzer, the president and chief executive officer of Ashton Potter, a high-security printer.

Scores of federal regulators are stationed inside JPMorgan Chase's Manhattan headquarters, but none of them were assigned to the powerful unit that recently disclosed a multibillion-dollar trading loss.

With a tight labor market for experienced workers with technical skills and leadership qualities many companies are looking at a specific pool of talent that offers a unique perspective.

A Today's $29 billion seven-year Treasury auction drew record low yields of 1.203 percent, beating the previous low of 1.347 percent set at the April 26 auction, as continued crisis in Europe boosted demand for US safe haven assets.

JPMorgan Chase & Co. CEO Jamie Dimon, centre, flanked by Goldman Sachs & Co.'s Lloyd C. Blankfein, left, and Bank of New York Mellon's Robert Kelly, are seen on Capitol Hill in Washington in this Feb.

Just ask U.S. Sen. Marco Rubio, the 40-year-old Florida Republican and vice presidential possibility, still paying off loans he took out to get through college and law school in the 1990s.

Treasury Secretary Timothy Geithner took a pause from his steady drumbeat of economic and fiscal policy speeches to give a more introspective reflection on his time in government, from which he plans to exit in the next eight months.

On Thursday, the Federal Reserve Bank of New York announced that Citigroup had won an auction for $1.67 billion of assets, beating out six other financial firms for the bonds.

A quick-fix on the day's news published with Reuters videos and award-winning news photography and delivered at your choice of one of four times during the day.

There are two diametrically opposed views of how the largest financial companies in our economy operate.

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China, the largest foreign holder of US Treasuries , has been bypassing Wall Street banks at monthly auctions and buying paper directly from the government.

According to the most recent release of state coincident indexes from the Federal Reserve Bank of New York , 48 out of 50 states saw increasing economic activity.

The JP Morgan financial fiasco is fueling a new push to reform the Federal Reserve.

Three U.S. senators on Tuesday proposed legislation barring bankers from serving on the boards of the Federal Reserve's 12 regional banks, saying the practice poses dangerous conflicts of interest that are highlighted by the recent trading loss of JPMorgan Chase & Co.

NEW YORK Credit Suisse on Tuesday won the latest sale of complex debt securities from the Federal Reserve Bank of New York, according to the New York Fed's website.Credit Suisse bought collateralized debt obligations with a face value of $691 million from the Maiden Lane III portfolio, which included securities taken on during the 2008 bailout of ... (more)