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Report On:
Bank of New York Mellon Corporation (BK)
FINANCIAL - Banking - Money Center Banks
Generated: Thursday September 15, 2011 04:05 AM
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Quotes About Bank of New York Mellon Corporation
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Broxson aids Garcon Bridge cause
The agreement facilitated by Rep. Broxson removes the stumbling blocks we have had in appointing members to the authority,"
- Lane Lynchard -
US dollar weakens as Europe optimism rises
We would continue to caution that this reprieve for the euro may prove to be short-lived as the underlying sovereign debt crisis remains unresolved," -
Funded status of U.S. pensions falls to 78%
Growing concerns over the government's ability to stimulate the economy and deal with the deficit in the U.S. and the sovereign debt issues in Europe have both contributed to a tough situation for sponsors of U.S. corporate pension plans,"
- Peter Austin -
+ Minn. AG weighs in on nationwide foreclosure settlement
Miller has received hundreds of thousands of dollars in campaign contributions from the very bankers and their associates that he purports to regulate,"
- O'Brien -
Greece's Departure From the Euro Seems Inevitable; It's Now Just a Question of Timing
We have believed for some time that Greece's withdrawal from the eurozone is inevitable and all plans introduced until now have simply been about building enough time for the European financial system to prepare for this eventuality,"
- Paul Brain
No Comment
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BNY Mellon Forex Trades Cost Pensions
A spokeswoman for the Florida attorney general declined to comment .
- Ms. Biondi
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BNY Mellon Said to Cancel Sale of CLO Unit Alcentra
David Forbes-Nixon, Alcentra's chairman, and Jack Grone, a Credit Suisse spokesman, declined to comment .
- Jack Grone
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In Play
A Bank of New York representative was not immediately available for comment .
- Pfleiderer
Latest Company Intelligence
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Northern Trust Joining Trust Bank Layoffs? (NTRS, BK, STT)
24/7 Wall St | Sep 14,'11
Northern Trust Corporation (NASDAQ: NTRS) is supposed to be one of the premier trust bank operations that caters to the wealthy and to pension funds. The current economy and low rate environment appears to be forcing the outfit to join in our Layoff Kings . We have already seen some previous layoffs out of competitors like Bank of New York Mellon Corporation (NYSE: BK) with 1,500 most -
Yen Advances on Safety Bid as China Warns on Europe Debt Crisis
Bloomberg.com | Sep 14,'11
The yen rose against all but one of its 16 major peers, trading near a 10-year high versus the euro as investors sought the safest assets after China put conditions on support to Europe's highly indebted economies. The Japanese currency gained against the euro for a fifth day. -
Euro Weakens Versus Yen, Dollar as Wen Says Don't Rely on China
Bloomberg Businessweek | Sep 14,'11
Sept. 14 (Bloomberg) -- The euro weakened versus the yen for a fifth day and fell against the dollar on concern China won't buy assets to support Europe's highly indebted economies amid mounting concern of a default by Greece. The Japanese currency rose against all 16 major peers, and the dollar gained versus all but one, as U.S. stock futures declined. China's Premier Wen Jiabao -
Northern Trust Corporation Wants Edge Over Financial Services Competitors
Wall St. Cheat Sheet | Sep 14,'11
Northern Trust Corporation (NASDAQ:NTRS) has informed its customers that it would not charge them any additional amount for increasing their cash holdings. The financial services company made the change in order to gain edge over its competitors (NYSE:XLF). Northern Trust is also trying to increase its footprint in the Middle East market by expanding its [...] -
Detroit Pension Funds Hit BNY Mellon With $1 Billion Class Action Suit
Forbes Blog | Sep 13,'11
[1] The Bank of New York Mellon [2]'s lawyers are awfully busy lately and a Detroit pension fund just added to their workload. In a lawsuit filed yesterday in Manhattan the pension group says its custodian, BNY Mellon, gambled and lost more than $ 1 billion of its money in investments tied to failing Lehman Brothers. -
BNY Mellon's New CEO Defends Role in BofA Lawsuits
Deal Journal - The Wall Street Journal | Sep 13,'11
Bank of New York Mellon's new Chairman and Chief Executive Gerald Hassell vehemently defended the bank's actions as both a foreign-exchange trader and as a trustee that reached a watershed settlement for mortgage-bond investors. Hassell, speaking at the Barclays financial conference in New York in his first public appearance as head of the nation's biggest custody bank, said the bank
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