The Bank of New York Mellon Corporation
London fights for its coveted financial crown
Dec 09, 2012 00:17 EST
The City of London, already campaigning hard against EU proposals for regulating banks, is now hitting back at a threat to its dominance of the vast market for trading in euros.
Spain's right in vote setback, deficit alarm grows
Mar 26, 2012 09:30 EDT
Spain's ruling conservatives wrestled Monday with a surprise electoral setback, a looming general strike and growing alarm in Europe over the public deficit.
Judge clears way for Alabama county bankruptcy
Mar 05, 2012 14:12 EST
(Reuters) - Alabama's Jefferson County can go ahead with its $4.23 billion bankruptcy case, the biggest ever by an American municipality, a federal judge ruled.
Analysis:Despite crunch, BNY Mellon is a stock-option contrarian
Mar 02, 2012 17:19 EST
BOSTON (Reuters) - BNY Mellon Corp <BK.N> is sticking with employee stock options, even as many major U.S. banks cut them, and despite its previous awards losing more than $850 million in value since 2008.
Appeals court weighs next steps in BofA mortgage deal
Feb 15, 2012 16:18 EST
NEW YORK (Reuters) - Legal wrangling over the proposed $8.5 billion settlement of some of Bank of America Corp's <BAC.N> mortgage-backed securities liability could drag through the courts for years, a top appeals court judge said during arguments in the case.
Exclusive: American Airlines creditors want to talk merger
Feb 08, 2012 19:18 EST
NEW YORK/CHICAGO (Reuters) - Some American Airlines unsecured creditors increasingly feel the bankrupt airline should explore a deal with US Airways Group or another carrier, after hearing parent company AMR Corp's plan to remain independent, people familiar with the situation said.
Investors cue up Portugal as the next Greece
Jan 27, 2012 07:48 EST
LONDON (Reuters) - Investors are betting that after cap-in-hand Greece comes Portugal, selling off its stocks and bonds in the belief that the euro zone laggard cannot avoid a default without a second bailout.
Two top Penn St. board members step aside
Jan 20, 2012 19:05 EST
PHILADELPHIA (Reuters) - The two top officers of Penn State's Board of Trustees, enmeshed in the school's child sex abuse scandal, announced on Friday they would not seek re-election to their leadership posts.
Two top Penn State board members step aside
Jan 20, 2012 19:05 EST
PHILADELPHIA (Reuters) - The two top officers of Penn State's Board of Trustees, enmeshed in the school's child sex abuse scandal, announced on Friday they would not seek re-election to their leadership posts.
BNY Mellon profit falls on restructuring, lower FX volume
Jan 18, 2012 07:15 EST
(Reuters) - Bank of New York Mellon <BK.N> said on Wednesday that fourth-quarter earnings fell 26 percent after the world's No. 1 custody bank reported lower forex volume and took a restructuring charge as part of a large-scale plan to make its operations more efficient.
S&P hammers euro zone politicians with downgrades
Jan 13, 2012 20:12 EST
NEW YORK (Reuters) - Standard & Poor's hit the euro zone with a downgrade of half the countries in the single currency area, including formerly AAA-rated France, and it questioned the strategy of its political leaders for dealing with their two-year old debt crisis.
Wall Street Week Ahead: It's earnings versus Europe for stocks
Jan 13, 2012 17:11 EST
NEW YORK (Reuters) - Stock investors will return to a tug of war between signs of domestic strength and overseas concerns next week as a batch of critical earnings reports look to add credence to the idea the economy is improving, while credit rating downgrades in Europe will keep that region's difficulties in view.
Wall Street Week Ahead: It's earnings versus Europe for stocks
Jan 13, 2012 17:11 EST
NEW YORK (Reuters) - Stock investors will return to a tug of war between signs of domestic strength and overseas concerns next week as a batch of critical earnings reports look to add credence to the idea the economy is improving, while credit rating downgrades in Europe will keep that region's difficulties in view.
It's earnings versus Europe for stocks
Jan 13, 2012 17:11 EST
NEW YORK (Reuters) - Stock investors will return to a tug of war between signs of domestic strength and overseas concerns next week as a batch of critical earnings reports look to add credence to the idea the economy is improving, while credit rating downgrades in Europe will keep that region's difficulties in view.
It's earnings vs Europe for stocks
Jan 13, 2012 17:11 EST
NEW YORK (Reuters) - U.S. stock investors will return to a tug of war between signs of domestic strength and overseas concerns this week as a batch of critical earnings reports look to add credence to the idea the economy is improving, while credit rating downgrades in Europe will keep that region's difficulties in view.
S&P to cut some euro zone countries on Friday: sources
Jan 13, 2012 10:36 EST
BERLIN (Reuters) - Standard & Poor's is set to downgrade the credit ratings of several euro zone countries later on Friday, but not those of Germany and the Netherlands, a senior euro zone government source said.
US asks banks to keep more cash at hand
Dec 20, 2011 15:33 EST
The US Federal Reserve on Tuesday moved to toughen capital requirements for the country's largest banks, saying their size and stretch could threaten the overall financial system.
German data lifts gloom, ECB funds eyed
Dec 20, 2011 06:21 EST
LONDON (Reuters) - European shares and the euro rose on Tuesday on surprisingly good news about the German economy and a better-than-expected outcome at a Spanish treasury bill auction, but concerns about the euro zone debt crisis limited gains.
Euro, stocks rise on Germany hopes; capped by crisis
Dec 20, 2011 05:09 EST
LONDON (Reuters) - European shares and the euro rose on Tuesday on unexpectedly good news about the German economy's prospects, but concerns about problems policymakers are having in tackling the euro zone debt crisis limited gains.
Global stocks mixed, euro flat on downgrade fears
Dec 16, 2011 21:24 EST
NEW YORK (Reuters) - World stocks were mixed and the euro was flat on Friday as worries about downgrades of weaker euro zone countries curbed risk appetite, pushing aside an improved outlook on the U.S. economy.
Facts from the Wikipedia page:
 | |
| Type | Public (NYSE: BK) |
|---|---|
| Founded | 1784[1] |
| Headquarters |  New York City, New York |
| Key people |  Robert P. Kelly, Chairman and CEO[2]Gerald Hassell, President[3] |
| Industry | Banking |
| Products | Financial Services |
| Revenue | ▲ US$ 16.33 Billion (2008) |
| Net income | ▼ US$ 1.41 Billion (2008) |
| Total assets | ▲ US$ 237.51 Billion (2008) |
| Employees | 42,900[4] |
| Website | Official website |
