GO
Loading...

Bank of New York Mellon Corp

More

  • 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?"

  • Fed Move Means Risky Treasurys: Pimco's Gross Wednesday, 12 Aug 2009 | 4:11 PM ET

    The Federal Reserve said on Wednesday it will extend the duration of a program to buy long-term government securities, and said the economy was showing signs of leveling out after 20 months of recession. Ken Volpert, portfolio manager at Vanguard Funds, and William Gross, co-CIO and founder of Pimco, shared their insights on the Fed’s decision.

  • Pros Say: Markets to Rise 10%—With No Pullbacks Wednesday, 12 Aug 2009 | 3:00 PM ET

    Stocks advanced on Wednesday as investors got some much-needed good news on the economy, including a report that showed existing-home sales—and home prices—have started to rise. Mortgage applications fell 3.5 percent, however, as rising mortgage rates depressed refinancing demand. Read and listen to what the experts had to say...

  • 10 Stock Picks from 2 Bullish Strategists (Pt. 1) Friday, 7 Aug 2009 | 7:11 PM ET

    Although markets have run quite far and could use a correction, Bill Smead, CEO and CIO of Smead Capital Management and David Joy, chief market strategist at RiverSource Investments said they are bullish about the markets. They shared their buying strategies with investors.

  • 10 Stock Picks from 2 Bullish Strategists (Pt. 2) Friday, 7 Aug 2009 | 7:09 PM ET

    Although markets have run quite far and could use a correction, Bill Smead, CEO and CIO of Smead Capital Management and David Joy, chief market strategist at RiverSource Investments said they are bullish about the markets. They shared their buying strategies with investors.

  • Dow Skids; Nasdaq Gains for 11th Day Wednesday, 22 Jul 2009 | 5:36 PM ET

    The Dow and S&P snapped their winning streaks Wednesday as disappointing earnings from two of Wall Street's biggest names overshadowed another round of earnings beats.

  • Apple Results Buoy Nasdaq; Banks Skid Wednesday, 22 Jul 2009 | 2:38 PM ET

    Stocks wobbled Wednesday as a slew of earnings beats, including one from Pfizer, were encouraging but disappointing reports from two of Wall Street's biggest names dragged on the market.

  • Stocks Bounce Around; Wells, Morgan Slide Wednesday, 22 Jul 2009 | 11:42 AM ET

    Stocks wobbled Wednesday as a slew of earnings beats, including one from Pfizer, were encouraging but disappointing reports from two of Wall Street's biggest names dragged on the market.

  • Futures Fall More on Wells, Morgan Letdown Wednesday, 22 Jul 2009 | 8:16 AM ET

    Futures indicated a lower open for Wall Street Wednesday as cautious words from Federal Reserve Chairman Ben Bernanke and Yahoo's missing revenue expectations lent to investors taking profits.

  • Bailed-Out Banks Spending Big—on Lobbyists Tuesday, 21 Jul 2009 | 2:20 PM ET
    Government Bailout

    As Congress spent much of the last three months looking at ways to tighten regulations on financial institutions, some of the biggest bailout recipients increased their spending on influencing legislators.