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Bank of New York

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Bank of New York News

News on Bank of New York continually updated from thousands of sources around the net.

Wednesday | Institutional Investor News

AIG Borrows $200M For Aircraft Leasing Unit

American International Group says it plans to borrow another $200 million from the Federal Reserve Bank of New York to help its struggling International Lease Finance Corp .

Comment?

Related Topix: Insurance, American International Group, Banking, Financial Services, Leasing, Aerospace-Defense

Mon Dec 07, 2009

Wall Street & Technology RSS

How BNY Mellon Built A Firm-Wide BI Platform

Tags: Business Intelligence , BNY Mellon , Oracle , Siebel , Case Study , Observers have been predicting that Wall Street will make more use of business intelligence software in their customer dealings for years - "This year, Wall Street will rediscover its customers," one customer analytics expert said to me in 2008.

Comment?

Related Topix: Financial Services, Banking, Sales

Sat Dec 05, 2009

Times Online

The presidenta s congressional allies want action this day. Which is just what he intends to give them

Modestly, moderately, jobs. These are the three words that cover just about everything that is going on in America's political economy.

Comment?

Related Topix: Banking, Financial Services

Monitor Daily

Fed Gets $3 Billion in TALF Loan Requests Before December Deadline

The Federal Reserve Bank of New York announced that it received $3.05 billion in loan requests before the December TALF deadline, up from $1.1 billion in November.

Comment?

Related Topix: Banking, Financial Services, Home, Mortgage

Fri Dec 04, 2009

BusinessWeek

AIG, Boston Private, Gree...

Shares of the following companies are having unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 11 a.m. in New York.

Comment?

Related Topix: Boston Private Financial Holdings, Banking, Financial Services, Altera, Semiconductors, Electronics, Insurance, American International Group, Apparel, Guess Inc Et Al

Thu Dec 03, 2009

Canada.com

Bank of America to repay bailout funds

Bank of America Corp. said Wednesday it plans to repay US$45-billion in U.S. government bailout money, possibly ending a long tale of government support that began after the banking gianta s ill-fated purchase of Merrill Lynch.

Comment?

Related Topix: Banking, Financial Services, Bank of America, Investment Services, Merrill Lynch and Co

Wed Dec 02, 2009

Bizjournals

BNY Mellon promotes Georgia exec

BNY Mellon Wealth Management on Wednesday promoted wealth strategist Dana Halberg chairman of BNY Mellon Wealth Management in Georgia.

Comment?

Related Topix: Financial Services, Mellon Financial, Investment Services, North Atlanta, GA, Atlanta, GA, Banking

AllAfrica.com

Liberia: Vulture Fund Drags Govt to Court

The Minister of Finance, Augustine Nganfuan has announced in Monrovia that an international investment group, the Hamsah Investments Limited and Wall Capital Limited has sued the Liberian Government in a British High Court in London for a Summary Judgment to enforce a 2002 New York judgment for over US$ 20million.

Comment?

Related Topix: Liberia, Africa, World News, Financial Services, Banking

Electric Energy Online

SCE&G To Redeem All Outstanding Preferred Stock

Cayce, SC, December 1, 2009 - South Carolina Electric & Gas Company , principal subsidiary of SCANA Corporation , announced that on December 30, 2009, it will redeem for cash all outstanding shares of its cumulative preferred stock representing an aggregate par value of $113.4 million.

Comment?

Related Topix: Energy, Scana Corporation, Cayce, SC, Banking, Financial Services, Columbia, SC, Columbia Metro

Tue Dec 01, 2009

Reuters

AIG closes debt for equity deal with NY Fed

Insurance giant American International Group Inc said on Tuesday it had closed two transactions that reduce its debt with the Federal Reserve Bank of New York by $25 billion through two debt-for-equity swaps.

Comment?

Related Topix: Insurance, American International Group, Banking, Financial Services

Mon Nov 30, 2009

The Plain Dealer

Comments

The Federal Reserve is taking steps to fine-tune a strategy to reel in some of the unprecedented amount of money that's been pumped into the U.S. economy during the financial crisis.

Comment?

Related Topix: Banking, Financial Services

PR-inside.com

The Bank of New York Mellon Corporation - Financial and Strategic...

The Bank of New York Mellon Corporation - Financial and Strategic Analysis Review - new report released © companiesandmarkets.com companiesandmarkets.com 2009-11-30 08:06:57 - The Bank of New York Mellon Corporation - Financial and Strategic Analysis Review - a new market research report on companiesandmarkets.com ...

Comment?

Related Topix: Financial Services, Banking

Sun Nov 29, 2009

PR-inside.com

BlackRock Enhanced Government Fund, Inc. Announces Expiration of Annual Repurchase Offer

BlackRock Enhanced Government Fund, Inc. announced the expiration of the Funda s annual repurchase offer for its shares of common stock.

Comment?

Related Topix: Financial Services, BlackRock, Investment Services, Banking

Sat Nov 28, 2009

NewsTimesLive.com

Kaufman tells Fed, do your job

Noted economist Henry Kaufman is not one to keep his opinions to himself, and he is not shy in sharing his philosophy that in order for the country to sustain economic growth, it can't be business as usual.

Comment?

Related Topix: Banking, Financial Services

Fri Nov 27, 2009

BizzyBlog.com

Geithner Under Fire, Perhaps Being Shown the Door

Things are so bad for Tim Geithner, who shouldn't have been appointed in the first place,A and should have resigned back in March, that even a column in Forbes by Thomas Cooley designed to buck him up for the tough times ahead acknowledges the horrid job he did running the Federal Reserve in New York, particularly with the AIG situation: The most ...

Comment?

Related Topix: Investment Banking, Financial Services, Goldman Sachs Group, Investment Services, Banking

Thu Nov 26, 2009

BNET

Friedman Scandal Spurs Rules Change for Federal Reserve Banks

By Alain Sherter The Federal Reserve Board is changing itsA rules A for board membersA of member banks, presumably to avoid the sort ofA blatant conflict of interest thatA clouded Stephen Friedman 's tenure as chairman of the Federal Reserve Bank of New York .

Comment?

Related Topix: Banking, Financial Services, Investment Banking, Goldman Sachs Group, Investment Services

Wed Nov 25, 2009

Free Republic

Absolutely sickening; Geithner gave away the store in AIG bailout

"Too big to fail" meets "Just the right size to steal from the taxpayers." Sounds like a horror movie - and believe me, if you read this piece by Jill Schlessinger at CBS News' Econowatch, you will be sickened by this colossal boondoggle that not only cost taxpayers tens of billions of dollars but actually enriched Geithner's Wall Street friends in ...

Comment?

Related Topix: Banking, Financial Services, Investment Banking, Goldman Sachs Group, Investment Services

Mon Nov 23, 2009

Florida Times-Union

Finally Congress is Waking Up to Weasel Geithner, OOOPS Sorry, I Mean Timothy

Submitted by PonteVedraMan on Mon, 11/23/2009 - 13:15. It wasna TMt enough that he failed to pay four years of income taxes totaling $70,000, in the Messiah Obama genuflections by the Congress and the media he was confirmed as the Secretary of the Treasury.

Comment?

Related Topix: US News, US Politics, Hillary Clinton, US Senate, Democrat, Banking, Financial Services, Home, Mortgage

The Business Review (Albany)

NY manufacturers say employment on rise

Economic conditions for manufacturers in New York remain positive and continue to improve, according to a survey published Monday.

Comment?

Related Topix: Financial Services, Banking

Sun Nov 22, 2009

CW11 New York WPIX-TV

Beaujolais Hippies Spread Love, Fight Hunger With Food Bank Of NY

Today is the official release of Georges Duboeuf Beaujolais Nouveau and the wine company is sharing the love.

Comment?

Related Topix: Wine, Drink, Chelsea (New York, NY), Banking, Financial Services, New York Metro

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