Enter multiple symbols separated by commas

Stocks Bank of New York Mellon Corp


  • Euro erases early losses; Greece knocks down report Monday, 15 Jun 2015 | 4:41 PM ET

    The euro erased losses on Monday after the Sunday failed debt talks between Greece and its creditors.

  • Activist hedge funds shrug off SEC collusion probe Friday, 5 Jun 2015 | 3:25 PM ET
    SEC Security and Exchange Commission

    The SEC has its sights on activist investors, but the hedge fund industry isn't concerned about a crippling crackdown.

  • May 21- Bank of New York Mellon Corp will pay $180 million to settle a foreign exchange-related putative class action lawsuit, the bank said in a regulatory filing on Thursday. BNY Mellon said the settlement will release the bank from all foreign exchange-related securities law claims brought against it or its affiliates in the suit. Federal and New York state...

  • WASHINGTON, May 21- The largest overhaul of U.S. financial industry reform since the 2008 crisis hit a roadblock on Thursday, as a regulation relief bill passed a Senate committee with zero Democrats in support. Wall Street dodged a tough provision as Republican Senator David Vitter withdrew his amendments, the most significant being a minimum 10 percent...

  • In the first, Forrest rejected an attempt by funds from BlackRock Inc, Allianz SE's Pacific Investment Management Co and TIAA-CREF to hold US Bancorp liable for alleged defects in 843 RMBS trusts collateralized by $778.6 billion of loans, causing tens of billions of dollars of losses. Separately, Forrest said the National Credit Union Administration lacked...

  • May 15- Warren Buffett's Berkshire Hathaway Inc on Friday said it has boosted its holdings in some of the billionaire's favorite companies, including Wells Fargo& Co and International Business Machines Corp.. Buffett has long praised his "Big Four" stock holdings Wells Fargo, IBM, Coca-Cola Co and American Express Co, which comprise roughly 58 percent of...

  • Nelson Peltz, who runs the $11 billion Trian Management hedge fund, was dealt a rare setback when investors, including pension fund Calpers, sided with DuPont CEO Ellen Kullman to rebuff his attempt to win four board seats and press the company into breaking itself up. For example, Peltz's partner Ed Garden joined the Bank of New York Mellon board last year, and...

  • Goldman expected to settle forex suit for $130M Monday, 11 May 2015 | 8:22 AM ET
    Wall Street

    Goldman Sachs is expected to pay $129.5 million to settle its portion of a lawsuit that accuses banks of rigging prices in the forex market.

  • Banks prepare defense for anti-Street campaigns Monday, 11 May 2015 | 8:10 AM ET
    Wall Street

    Top U.S. bank execs are working to push back against "banks are bad" election rhetoric, The Wall Street Journal reports.

  • FRANKFURT/ LONDON, May 11- Expectations of rising dividends and share buybacks from Europe's insurance companies are fading as ultra low interest rates make it harder for them to meet new capital regulations. With yields on some government bonds-- staple investments for insurers-- turning negative recently, the International Monetary Fund warned last month of...

  • Wall Street edgy amid blue-chip earnings Wednesday, 22 Apr 2015 | 9:11 AM ET

    U.S. stock index futures pointed to a flat to higher open on Wednesday, ahead of more major earnings releases and some key housing data.

  • April 22- BNY Mellon Corp said Wednesday first-quarter earnings rose 16 percent, beating Wall Street estimates, as the bank lowered expenses and saw revenue from trading foreign currencies surge from year-ago levels. BNY Mellon Chief Executive Gerald Hassell has been under pressure from hedge fund activists unhappy with expense controls and profit growth...

  • Earnings next test for stocks after market wipeout Monday, 20 Apr 2015 | 5:52 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Stocks could chop around and rack up more losses in the week ahead, with the next wave of corporate earnings reports.

  • Earnings next test for stocks after market wipeout Friday, 17 Apr 2015 | 4:29 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Stocks could chop around and rack up more losses in the week ahead, with the next wave of corporate earnings reports.

  • The words of criticism and support came from Ed Garden, who joined BNY Mellon's board in December. Garden is a senior executive at Trian Fund Management LP, the activist hedge fund run by billionaire Nelson Peltz that owns about 2.6 percent of BNY Mellon's stock. Earlier this month, activist hedge fund Marcato Capital Management said BNY Mellon's employee base...

  • NEW YORK, April 14- BNY Mellon Corp CEO Gerald Hassell on Tuesday received support and a rebuke from one of the bank's newest board members. Trian Fund Management's Ed Garden, who joined the bank's board about four months ago, said nobody on the board is satisfied with BNY Mellon's past performance under Hassell's leadership. Garden, who made his remarks at BNY...



  • The hedge funds, dubbed vultures by Argentina's leftist government, argued the court could not hear an appeal until Griesa sanctions Argentina, something the Manhattan judge has yet to do. Argentina indicated it was prepared to take its case to an international court if Griesa took further measures against Latin America's third biggest economy.

  • Marcato, which owns about 1.6 percent of BNY Mellon's stock, previously has called for the ouster of Chief Executive Gerald Hassell, saying he has missed profit targets and has failed to streamline the bank's expense base. Marcato, a $3 billion fund led by Richard McGuire, said BNY Mellon rivals, including State Street Corp, Vanguard Group and BlackRock Inc, have...