NEW YORK (Reuters) - Bank of New York Mellon Corp <BK.N>, the world's largest custodian of financial assets, said it agreed to acquire Germany's BHF Asset Servicing GmbH for $343 million. The acquisition follows BNY Mellon's purchase of PNC Financial Services Group's ...
<div><p>The Bank of New York Mellon introduced 31 new global depositary receipt indexes, including a master index of all GDRs traded on the London Stock Exchange.</p><p>The bank, which acts as depositary for more than 1 ,300 sponsored depositary receipt programs for companies ...
<div id="subtitle">Bank of New York Mellon 4th-quarter profit falls 95 percent due to securities losses</div><div><p>Bank of New York Mellon Corp. on Tuesday said its profit tumbled nearly 95 percent in the final quarter of last year due to sizable losses on investments ...
<div id="subtitle">Bank of New York Mellon 1Q profit drops 57 percent, slashes dividend; shares plunge 11 percent</div><div><p>Bank of New York Mellon Corp. said Tuesday that its first-quarter profit dropped an unexpectedly steep 57 percent and that it was slashing its dividend in ...
<div><p>Rising bank stocks pulled the market higher Tuesday after Treasury Secretary Timothy Geithner told Congress that some banks could be allowed to repay financial bailout funds.</p><p>Geithner said the decision on repayments would be left to bank regulators and that "the vast majority" ...
<div id="subtitle">Bank of New York Mellon to cut 1,800 jobs, about 4 percent of its global work force</div><div><p>The Bank of New York Mellon Corp. said Thursday it will cut its worldwide work force by 4 percent, or about 1,800 jobs, blaming the ...
<div id="subtitle">A forensic examiniation has revealed that the personal data of millions more than originally reported was contained on a missing Bank of New York Mellon storage tape.</div><div><p>Updated Friday, Aug. 29 at 9:45 a.m. EST</p><p>The personal information ...
<div><p>Nine of the largest US banks agreed to give the government equity stakes in exchange for capital under a rescue plan, including Citigroup, JPMorgan Chase and Bank of America, a Treasury official said Tuesday.</p><p>The other major banks in the program include Goldman ...
<div><p>ROBERT ALLEN</p><p>Group Treasurer</p><p>British American Tobacco</p><p>Robert Allen, appointed group treasurer effective this past June, replaces David Swann, who has now retired. Based in London, Alien works with a team of 20 professionals across the ...
<div id="subtitle">After stress tests, Amex, JPMorgan, Bank of New York Mellon won't be asked to raise money</div><div><p>Leaked results of the government's stress tests of 19 large banks are boosting investor confidence in the financial sector. American Express Co., JPMorgan Chase & Co. ...
