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Bank of New York Mellon Corp

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  • District Judge Thomas Griesa in New York. Argentina continues to demand Griesa reinstate a stay, or suspension, on his judgments while talks continue. Holdouts say Argentina still refuses to negotiate without any pre-conditions.

  • LONDON, July 11- Major currency markets were steady in Europe on Friday, having ridden out a day of ructions on European stock markets with only minimal moves on the euro and yen.

  • BUENOS AIRES, July 10- Argentina said a team of technocrats, and not its economy minister, would attend a meeting in New York with a court-appointed mediator on Friday, as it seeks to resolve a dispute with holdout investors over its sovereign debt.

  • Argentina and holdout creditors flood papers in ad war Wednesday, 9 Jul 2014 | 7:10 PM ET

    NEW YORK, July 9- The battleground between Argentina and its holdout creditors shifted from U.S. courts to the court of public opinion as both sides took out full-page advertisements to argue their cases in the world's major newspapers.

  • July 9- State Street Corp has reached $70 million in settlements to end three lawsuits claiming it inflated its share price by overcharging clients on foreign exchange services and falsely representing that its investments in mortgage-backed securities were safe.

  • BUENOS AIRES, July 8- Argentina said on Tuesday it would meet with a mediator in the country's dispute with holdout investors for a second time this week, lifting market hopes for a deal needed to avoid another painful debt default.

  • BUENOS AIRES, July 8- Argentina said on Tuesday it would meet with a mediator in the country's dispute with holdout investors for a second time this week, lifting market hopes for a deal needed to avoid another painful debt default.

  • BUENOS AIRES, July 8- Argentina's top presidential candidates say a deal to avoid a debt default is essential for their economic reform programs but they are not attacking the government's hard stance against "holdout" investors because it could be political suicide.

  • Argentina's economy chief kicks off debt talks Monday, 7 Jul 2014 | 7:56 PM ET

    In a much-anticipated meeting with a court-appointed mediator, Axel Kicillof reiterated his government's request that a New York judge presiding over the case extend a July 30 deadline for Argentina to pay some $1.5 billion awarded to bondholders.

  • The minister re-iterated that Argentina could not carry out Griesa's ruling to immediately pay $1.33 billion plus accrued interest to the group of holdouts led by Elliott Management Corp and Aurelius Capital Management, according to a ministry statement.

  • NEW YORK/ BUENOS AIRES, July 7- Argentina's Economy Minister, Axel Kicillof, will meet in New York with a court-appointed mediator in the country's dispute with holdout investors of its bonds at 2:30 p.m. EDT on Monday, the Argentine Economy Ministry said.

  • Argentina says US judge biased ahead of debt talks Friday, 4 Jul 2014 | 5:03 PM ET
    Attorney for Argentina Carmine Bocuzzi (C) arrives at US District Court for a hearing June 27, 2014 in New York.

    Argentina on Friday accused a U.S. judge of being biased ahead of debt talks set for New York next week.

  • BUENOS AIRES, July 4- Argentina on Friday accused a U.S. judge of being biased in favor of hedge funds that have sued the South American country for full repayment of defaulted bonds, cementing the tough stance it has taken ahead of debt talks set for New York next week.

  • BUENOS AIRES, July 4- Argentina on Friday accused a U.S. judge of bias toward hedge funds that have sued the South American country for full repayment of defaulted bonds, cementing the tough stance it has taken ahead of debt talks set for New York next week.

  • NEW YORK, July 2- Bank of New York Mellon, fearful of being sued by Argentine bondholders and unwilling to defy a court order blocking their coupon payments, will seek guidance from U.S.

  • BUENOS AIRES, July 2- Argentina will press a U.S. judge to unfreeze a coupon payment to holders of the country's restructured debt as a condition for negotiating with' holdout' creditors suing for full repayment, a government official said on Wednesday.

  • *S&P 500 records longest streak of quarterly gains since 1998. NEW YORK, June 30- The S&P 500 and the Nasdaq Composite indexes wrapped up a sixth straight quarter of gains on Monday, a streak not seen in more than 14 years.

  • Philips and MannKind are big market movers Monday, 30 Jun 2014 | 4:26 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:. Bank of New York Mellon Corp., up $1.25 to $37.48. The Wall Street Journal reported that activist investor Trian Fund Management has built a $1.05 billion stake in the bank.

  • BNY Mellon stock rises after Trian discloses stake. *MannKind rallies on FDA's approval of inhaled insulin. NEW YORK, June 30- U.S. stocks barely moved on Monday after a set of mixed economic data, but the S&P 500 and Nasdaq Composite indexes were set to close a sixth straight quarter of gains- a streak not seen in more than 14 years.

  • Funds managed by Trian collectively own about 28.9 million shares, or about 2 percent, of BNY Mellon after adding to the stake in the first quarter, according to disclosures with the U.S. Securities and Exchange Commission and the person familiar with Trian's investment strategy. "Trian is a respected investment firm," BNY Mellon spokesman Kevin Heine said.