BNY Mellon Contributes More Than $11 Million and 20,000 Hours of Volunteer Service to New York-area Nonprofits During 2014
PR Newswire - Mon Dec 22, 8:00AM CST
BNY Mellon, the global leader in investment management and investment services, and its employees donated more than $11 million and 20,000 hours of volunteer service to New York-area nonprofits during 2014.
BK: 41.29 (-0.24)
BNY Mellon Contributes More Than $3 Million and 7,000 Hours of Volunteer Service to Boston-area Nonprofits During 2014
PR Newswire - Mon Dec 22, 7:30AM CST
BNY Mellon, the global leader in investment management and investment services, and its employees donated more than $3 million and 7,000 hours of volunteer service to Boston-area nonprofits during 2014.
BK: 41.29 (-0.24)
BNY Mellon Contributes More Than $8 Million and 20,000 Hours of Volunteer Service to Pittsburgh-area Nonprofits During 2014
PR Newswire - Mon Dec 22, 7:30AM CST
BNY Mellon, the global leader in investment management and investment services, and its employees donated more than $8 million and 20,000 hours of volunteer service to Pittsburgh-area nonprofits during 2014.
BK: 41.29 (-0.24)
The Spaulding Group Launches Custodian Guidelines for Transparency in Benchmark Cost
GlobeNewswire - Tue Dec 16, 8:00AM CST
The Spaulding Group, the leading performance measurement service firm in the money management industry, today announced the launch of the "Custodian Guidelines for Transparency in Benchmark Cost" in partnership with BNY Mellon, State Street and Northern Trust. The "Guidelines" were developed with the goal to improve transparency on embedded fees for benchmark data, and enable investors to make informed decisions by understanding the details behind the fees they are paying.
NTRS: 68.33 (-0.37), STT: 80.07 (-0.26), BK: 41.29 (-0.24)
CDL Unveils Unique S$1.5 Billion Investment Platform
Business Wire - Mon Dec 15, 5:31PM CST
--Leverages on strong cashflows of CDL's upscale integrated development on Sentosa Cove
BK: 41.29 (-0.24)
BNY Mellon to Host Fourth-Quarter 2014 Earnings Conference Call on Friday, January 23
PR Newswire - Mon Dec 15, 7:21AM CST
Gerald L. Hassell, chairman and chief executive officer, and Thomas P. Gibbons, vice chairman and chief financial officer, along with other members of executive management from BNY Mellon, will host a conference call and simultaneous live audio webcast at 8 a.m. EST on Friday, January 23, 2015, following the release of BNY Mellon's fourth-quarter 2014 financial results at approximately 6:30 a.m. EST that day. This conference call and audio webcast will include forward-looking statements and may include other material information.
BK: 41.29 (-0.24)
Depositary Receipt Capital Raising More Than Triples in 2014 to Highest Level since Financial Crisis
PR Newswire - Mon Dec 15, 6:35AM CST
Investor demand for international securities pushed capital raising in depositary receipts (DRs) to over $38 billion in 2014, more than a three-fold increase compared to the previous year[1]. This is its highest level since the 2008 financial crisis. Chinese companies accounted for more than a third of the year's capital raising transactions, with online retail giant Alibaba raising $25 billion from the largest initial public offering (IPO) in history.
BK: 41.29 (-0.24)
BNY Mellon appointed delegate and paying agent for DIFC Investments Sukuk
PR Newswire - Mon Dec 15, 3:30AM CST
BNY Mellon, a global leader in investment management and investment services, has been appointed delegate, principal paying agent, registrar and transfer agent for a Sukuk launched by DIFC Investments LLC (DIFCI).
BK: 41.29 (-0.24)
DuPont: Chemical Companies Under Fire From Activists
Marshall Hargrave - at Seeking Alpha - Fri Dec 12, 5:27PM CST
MON: 120.97 (-1.70), DD: 74.79 (-0.40), FMC: 57.74 (-0.18), FDO: 79.14 (-0.01), DOW: 46.01 (+0.03), BK: 41.29 (-0.24), HUN: 23.39 (-0.13)
Bank Stock Roundup: Capital Surcharge & Q4 Outlook Raise Concerns; Citi, BofA & JPMorgan in Focus - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Dec 12, 10:05AM CST
Overall, the performance of banking stocks remained skewed toward the pessimistic side with muted trading outlooks and legal expenses shaking investors' confidence. Further, the additional capital surcharge requirement added fuel to the fire.
STT: 80.07 (-0.26), JPM: 62.48 (unch), C: 54.54 (+0.12), MTB: 126.62 (-0.68), BAC: 17.98 (+0.05), WFC: 55.34 (-0.13), BK: 41.29 (-0.24)
Higher costs on the horizon as tax and regulatory change continues to bite, according to new BNY Mellon poll
PR Newswire - Fri Dec 12, 7:00AM CST
Asset managers, pension funds, banks and insurers expect to be spending more on tax and regulatory-related change in 2015 and for some years beyond, according to a new poll by BNY Mellon, a global leader in investment management and investment services.
BK: 41.29 (-0.24)
Managed Duration Investment Grade Municipal Fund Announces Results of Special Meeting of Shareholders
GlobeNewswire - Thu Dec 11, 8:00AM CST
Managed Duration Investment Grade Municipal Fund (NYSE:MZF) (the "Fund"
MBI: 9.66 (+0.20), MZF: 13.50 (-0.06), GGM: 22.13 (+0.12), BK: 41.29 (-0.24)
Banks May Face Additional Capital Surcharge: Time to Shrink? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Dec 10, 4:34PM CST
We believe that an additional capital cushion will likely lower the banks' lending ability and put pressure on revenues, thereby leading to lower earnings. Hence, these banks will have no other option but to shrink or break up their global operations.
GS: 195.89 (+0.39), STT: 80.07 (-0.26), JPM: 62.48 (unch), C: 54.54 (+0.12), BAC: 17.98 (+0.05), WFC: 55.34 (-0.13), BK: 41.29 (-0.24), MS: 38.81 (-0.14)
BNY Mellon hails trailblazing move to open up Romanian market to foreign investors
PR Newswire Europe - Wed Dec 10, 9:02AM CST
- Listed companies able to trade securities in other EU countries by issuing depositary receipts
BK: 41.29 (-0.24)
The Fed's Tough Capital Plan Focuses on Short-term Funding
at The Street - Wed Dec 10, 8:45AM CST
Big banks need to raise $21 billion.
STT: 80.07 (-0.26), GS: 195.89 (+0.39), JPM: 62.48 (unch), C: 54.54 (+0.12), WFC: 55.34 (-0.13), BAC: 17.98 (+0.05), BK: 41.29 (-0.24), MS: 38.81 (-0.14)
Today's Market: The Fed To Impact These Banks With New Rules
Matthew Smith - at Seeking Alpha - Wed Dec 10, 8:31AM CST
STT: 80.07 (-0.26), GS: 195.89 (+0.39), QQQ: 104.30 (+0.09), JPM: 62.48 (unch), C: 54.54 (+0.12), WFC: 55.34 (-0.13), BAC: 17.98 (+0.05), BK: 41.29 (-0.24), MS: 38.81 (-0.14)
Beware Weak Q4 Trading Revenue, BofA CEO Warns
at Investor's Business Daily - Tue Dec 09, 12:11PM CST
Bank of America's (BAC) chief executive warned investors to expect lower trading revenue in the fourth quarter compared to Q3 and a year earlier, sending the bank's shares falling. BofA CEO Brian Moynihan shared the information at an industry...
STT: 80.07 (-0.26), GS: 195.89 (+0.39), JPM: 62.48 (unch), C: 54.54 (+0.12), WFC: 55.34 (-0.13), BAC: 17.98 (+0.05), BK: 41.29 (-0.24), MS: 38.81 (-0.14)