BNY Mellon to add up to 100 positions at wealth management unit
(Reuters) - BNY Mellon Corp <BK.N>, the world's largest custody bank, said it would add up to 100 positions at its wealth management unit, expanding the sales force at the unit by 50 percent in the next two years. Full story
Chesapeake, Bank of New York wrap up trial over bond redemption
NEW YORK (Reuters) - Chesapeake Energy Corp <CHK.N> and Bank of New York Mellon <BK.N> concluded an expedited trial on Tuesday over the energy company's effort to redeem $1.3 billion notes at par. Full story
U.S. seizes on ruling to boost Wells Fargo mortgage fraud case
NEW YORK (Reuters) - The Justice Department has promptly capitalized on a court victory to bolster a case before another federal judge, citing a ruling on Wednesday that endorsed the agency's use of a little known financial fraud law to prosecute bank actions during the financial crisis. Full story
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Cyprus Now, Italy in Crosshairs Next: Economist
Robert Brusca, FAO Economics; and Richard Hoey, BNY Mellon, discuss which fundamental factors are keeping global economies from recovery, and why Cyprus is not "fine" even after the bailout, and Italy's problems are "worse."
A Look at the Economy Ahead of Jobs Report
Richard Hoey, BNY Mellon chief economist; and Steven Wieting, Citi Investment Research, reveal their expectations about the outlook on the markets and economy.
Jittery Markets Focus on Sequester
Doug Cote, ING Investment Management; Dick Hoey, BNY Mellon; and Daniel Stecich, TJM Institutional Services, provide investment strategies for the week ahead, as automatic spending cuts loom in Washington.
Washington Leading the Markets?
Dean Curnutt, Macro Risk Advisors, says Fed head Bernanke's philosophy is being embraced abroad, most notably Japan and the UK. Christopher Sheldon, BNY Mellon's Dreyfus, also offers perspective.
Dow Hits 14K, What's Next?
Lou Brien, DRW Trading Group; Jeff Kilburg, KKM Financial; Richard Hoey, BNY Mellon chief economist; and Mike Santoli, Yahoo! Finance senior columnist, discuss whether the bull rally has legs, and the impact of spending cuts and taxes on the economy.
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Related Photos
Security staff members stand behind a logo at the office of the Bank of New York Mellon in Brussels
Security staff members stand behind a logo at the office of the Bank of New York Mellon in Brussels, February 25, 2010. REUTERS/Sebastien Pirlet
A BNY Mellon sign is seen on their headquarters in New York's financial district
A BNY Mellon sign is seen on their headquarters in New York's financial district, January 19, 2011. REUTERS/Brendan McDermid (UNITED STATES - Tags: BUSINESS) - RTXWSD8
A woman walks past a logo at the office of the Bank of New York Mellon in Brussels
A woman walks past a logo at the office of the Bank of New York Mellon in Brussels, February 25, 2010. REUTERS/Sebastien Pirlet
