Bank of New York Mellon Corp


  • US 'Still an Attractive Place' to Invest: Stock Picker Friday, 11 Dec 2009 | 10:36 AM ET

    Stocks rose on Friday after a report showed consumer sentiment improved in early December and retail sales rose much more than expected last month. How will the markets finish year-end? Lawrence Glazer, managing director at Mayflower Advisors and Michael Cuggino, president and portfolio manager of Permanent Portfolio Funds shared their market outlooks.

  • BofA Board in Civil War Over Lewis' Successor Sunday, 8 Nov 2009 | 9:50 PM ET

    Civil War is breaking out on the board of directors of Bank of America over the selection of a successor to CEO Ken Lewis, people close to the company say.

  • Russia Drops $22.5 Billion Suit Against BNY Mellon Thursday, 22 Oct 2009 | 5:22 AM ET

    Russia on Thursday dropped a $22.5 billion lawsuit against Bank of New York Mellon stemming from a decade-old money laundering case involving one of its former executives.

  • Futures Mixed Despite Solid Earnings News Tuesday, 20 Oct 2009 | 8:18 AM ET

    Futures were poised for a modestly higher open on the strength of more earnings surprises from some of Wall Street's leading companies.

  • Margin expansion, a shift in market share, and improving credit quality have allowed large-cap banks to continue offering opportunities for investors, said Morgan Stanley's bank analyst Betsy Graseck.

  • Do "Powerful Women" Increase Shareholder Value? Tuesday, 6 Oct 2009 | 9:59 AM ET

    US Banker just released its list of the Top 25 Most Powerful Women in Banking.  Does having high powered talent translate into shareholder value?  We took a look at the companies that these women work for to see how they perform relative to the industry.

  • After the recent sell-off, which stocks present buying opportunities and which stocks are just a problem?

  • Bank stocks slipped this week with big news rocking the sector. How should you trade financials going forward?

  • Saving Capitalism by Pat Choate Friday, 25 Sep 2009 | 9:41 AM ET

    President Barack Obama has described how his Administration intends to overhaul U.S. financial regulations. The hallmarks of these reforms, he said, would be transparency and accountability. A more difficult challenge will be to persuade the Federal Reserve System to release similar information on the $2 trillion of emergency loans it made as part of its economic recovery program.

  • The World's Most Competitive Financial Centers Tuesday, 22 Sep 2009 | 2:21 PM ET
    Recently released, the Global Financial Centres Index, which was created by  for the city of London, ranks 75 major financial centers in terms of their competitiveness on a global scale.Important factors to gauge a center's competitiveness include people, business environment, infrastructure, market access and general competitiveness, which includes measures such as occupancy costs, tax information and exchange agreements, for a total of 64 instrumental factors.So what are the most competitive g

    So what are the most competitive global financial centers? Check out the Global Financial Centres Index and find out!

  • Following are the day’s biggest winners and losers. Find out why shares of American Airlines and Monster Worldwide popped while Lennar and Abercrombie & Fitch dropped.

  • The World's Best Banks 2009 Wednesday, 16 Sep 2009 | 4:30 PM ET
    The global banking industry is a diverse landscape of financial services - consumer, corporate,  investment - but with so many players in the marketplace, which are the best in each segment?To answer this question,  ranked the world's best banks, using both objective and subjective criteria. The objective criteria include growth in assets, profitability, geographic reach, strategic relationships, new business development and product innovation. The subjective ones include equity and credit-ratin

    The global banking industry is a diverse landscape of financial services — consumer, corporate, investment — but with so many players in the marketplace, which are the best in each segment?

  • Dick Bove's 5 Banks To Own Now Wednesday, 16 Sep 2009 | 4:24 AM ET

    It seems like the investors are struggling with a slew of tough questions about banks. But only one really matters; which bank should you own now?

  • Help Wanted: Asian Banks Hiring, Lead Jobs Recovery Wednesday, 2 Sep 2009 | 12:45 PM ET

    Asia has already emerged more forcefully from recession than the U.S. and Europe and that  upturn  is starting to feed into the job market. Hiring is starting to pick up again, recruiters and bankers say.

  • Nearly a year after the federal rescue of the nation’s biggest banks, taxpayers have begun seeing profits from the hundreds of billions of dollars in aid, the New York Times reports.

  • Ben Bernanke’s reappointment as chairman of the Federal Reserve was probably the best move for the markets, said Michael Cuggino, president and portfolio manager at Permanent Portfolio Funds, and Alan Valdes, vice president of Hillard Lyons.

  • Dow Logs Sixth Straight Gain Tuesday, 25 Aug 2009 | 4:41 PM ET

    The Dow rose for a sixth straight session Tuesday as stocks got a boost from an encouraging report on home prices and an unexpected jump in consumer confidence.

  • Stocks Flying High After Confidence Boost Tuesday, 25 Aug 2009 | 10:04 AM ET

    Stocks started the day higher Tuesday after an encouraging report on home prices, then soared even higher following an unexpected jump in consumer confidence.

  • Richard Bove, financial strategist at Rochdale Securities, said he expects 150 to 200 more U.S. banks to fail in the current banking crisis. (What banks does he like? Read story for his stock recommendations.)

  • The World's Safest Banks 2009 Monday, 24 Aug 2009 | 9:00 AM ET
    In a global economy that has been plagued by troubles in the world’s financial systems, the words “safe” and “bank” are rarely put together. The shakeup of banking systems around the world raises the question: "Which banks are the safe banks?" These rankings are being published first on CNBC.com.For the past 18 years, Global Finance has produced a list of the World’s 50 Safest Banks, and as the markets move away from their March lows, many banks remain a point of market uncertainty, and long-ter

    The shakeup of banking systems around the world raises the question: "Which banks are the safe banks?"