29 min ago
BNY Mellon hires Cindrich as wealth director
The Bank of New York Mellon Corp. Wednesday said Gary Cindrich has been hired as wealth director for business development in BNY Mellon Wealth Management's Pittsburgh office. Based in New York, BNY Mellon is among the largest financial institutions serving Pittsburgh and ranks among the city's biggest employers with 7,600 employees, 600 of which work for BNY Wealth Management.
Tue Sep 16, 2014
The Bank of New York Mellon Reaches New 1-Year High at $40.21
The Bank of New York Mellon reached a new 52-week high during trading on Tuesday , StockRatingsNetwork.com reports. The company traded as high as $40.21 and last traded at $40.18, with a volume of 3,639,800 shares traded.
Higher Education Bubble Update: Student Loan Debt Increasingly...
HIGHER EDUCATION BUBBLE UPDATE: Student Loan Debt Increasingly Burdening The Elderly. "A]n estimated two million Americans age 60 and older are in debt from unpaid student loans, according to data from the Federal Reserve Bank of New York.
Valeant Pharmaceuticals International Announces Redemption Of All Of...
Valeant Pharmaceuticals International Announces Redemption Of All Of The Outstanding $500.0 Million Aggregate Principal Amount Of Its 6.75% Senior Notes Due 2017 /PRNewswire/ -- Valeant Pharmaceuticals International, Inc. today announced that its wholly owned subsidiary, Valeant Pharmaceuticals International, will redeem all of the outstanding , a copy of the irrevocable notice of redemption with respect to the remaining Notes was mailed to record holders of the Notes by The Bank of New York Mellon Trust Company, N.A., 400 South Hope Street, Suite 400, This press release shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws ... (more)
BNY Mellon launches Alternative Loan Financing
The Bank of New York Mellon Corp. launched a new service that allows U.S. syndicated loans to be used as eligible collateral in a wide range of financing transactions.
BNY Mellon launches Alternative Loan Financing
The Bank of New York Mellon Corp. launched a new service that allows U.S. syndicated loans to be used as eligible collateral in a wide range of financing transactions. Traditionally, syndicated loans have not been easily transferable between counterparties and have not normally been used in many types of financing transactions.
Mon Sep 15, 2014
Most Unusual Option Trades: Actavis Plc (NYSE:ACT), Itau Unibanco...
It's been a fairly busy day of unusual options trades, and we've been noticing a lot more put buys than is normal, today. But we like to focus on the call buys and there's been several interesting and or unusual ones so far! Three of the most interesting call buys today have been seen in Actavis Plc , Itau Unibanco Holding SA , and in Bank of New York Mellon .
NY Manufacturing Expands Fastest in Nearly Five Years
New York manufacturers say business activity jumped this month to its highest since late-2009, according to the Federal Reserve Bank of New York's Empire State Manufacturing Survey released Monday. The Empire State's business conditions index rose to 27.5 in September from 14.7 in August.
Why are car buyers borrowing more?
The amount of auto debt is once again rising for many American consumers, and at a rate that is dramatically higher than inflation in most cases. Bankrate analyzed government data on car loans and found some interesting trends.
Sat Sep 13, 2014
Buenos Aires Herald
CFK to meet with Soros in New York City
President Cristina Fernndez de Kirchner will meet on September 22 with head of Quantum fund George Soros in New York. Fernndez de Kirchner will arrive in the United States on September 21 to attend the United Nations summit after meeting with Pope Francis in Rome.
The Motley Fool
What You Didn't Know About the Rising Cost of College
With the fall semester of colleges across the country officially in swing, much has been made about ballooning student debt, rising costs, and the questionable job prospects for recent graduates. The remarkable benefits In a series exploring the debate surrounding a college education, the Federal Reserve Bank of New York provided a fascinating post that examines the true value of a higher-education degree.
New Market Report: The Bank of New York Mellon Corporation - Strategy and SWOT Report
The Bank of New York Mellon Corporation - SWOT Analysis company profile is the essential source for top-level company data and information. The Bank of New York Mellon Corporation - SWOT Analysis examines the company's key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.
Fri Sep 12, 2014
ABA Banking Journal
Tools to make the best of customer calls
Every bank that I ever worked for expected its lenders to be calling officers. That's part of the territory and everyone understands that it's a key part of the job.
Thu Sep 11, 2014
The Truth About Mortgage
Here Are the Many Reasons Why Renters Rent
The whole rent vs. own argument can be pretty polarizing. There are those that liken renting to throwing money down the drain, while others think homeownership is a huge waste of time and money.
The Bank of New York Mellon Stock Rating Reaffirmed by Deutsche Bank
's stock had its "hold" rating reissued by stock analysts at Deutsche Bank in a report issued on Thursday. They currently have a $39.00 target price on the stock, up from their previous target price of $37.00.
Wed Sep 10, 2014
Asian Futures Pace U.S. Gains Amid Weaker Yen; Kiwi Drops
Asian index futures rose as U.S. stocks halted a two-day retreat with a rally in Apple Inc. boosting technology shares. The yen held near an almost six-year low, while New Zealand's currency dropped after the central bank said it remained unjustifiably strong.
Tue Sep 09, 2014
Federal Home Loan Bank of New York Files (8-K) Disclosing Creation of ...
FEDERAL HOME LOAN BANK OF NEW YORK FILES Disclosing Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, Financial Statements and Exhibits Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The Federal Home Loan Bank of obtains most of its funds from the sale of debt securities, known as consolidated obligations, in the capital markets.
Motorola Solutions Announces Pricing for Redemption of $400 Million...
Motorola Solutions, Inc. today announced the consideration to be paid in the previously announced redemption of its outstanding $400 million aggregate principal amount of 6.0% Notes due Nov. 15, 2017 . The settlement date for Notes redeemed is Thursday, Sept.
Technical Updates, Upcoming Conferences, and Public Offering Pricing...
Today, Analysts Review released its research reports regarding Coach, Inc. , NorthStar Realty Finance Corp. , Banco Bradesco S.A , The Bank of New York Mellon Corporation and Baxter International Inc. . Private wealth members receive these notes ahead of publication.
Mon Sep 08, 2014
The Washington Post
Renters fear they lack the credit, not just the cash, to buy a home
Many renters who want to buy a home might not even try to because they fear that they won't qualify for a mortgage, researchers at the Federal Reserve Bank of New York concluded Monday after analyzing the results of a consumer sentiment poll. The renters on average said they had a 63 percent chance of moving during the next three years, but only 44 percent would buy a home if they moved.