BOSTON (Reuters) - New York City pension funds have picked State Street Corp <STT.N> to safeguard $137 billion, replacing incumbent Bank of New York Mellon Corp <BK.N>, which was accused in 2011 of overcharging the funds on foreign currency trades. Full story
Tom Higgins, BNY Mellon's Standish chief economist, and Paul Schatz, Heritage Capital, discusses whether the central bank could begin to downsize its $85 billion bond-buying program.
Michelle Meyer, BofA Merrill Lynch, and Richard Hoey, BNY Mellon, discuss the outlook on jobs ahead of this morning's ADP report.
Jim Iuorio, TJM Institutional Services has the unemployment and gross domestic product numbers. And, CNBC's Steve Liesman, and Tom Higgins, BNY Mellon's Standish chief economist weigh in on what it indicates about the economic recovery and its impact o...
Fed tapering fears sparked today's global market selloff. Richard Hoey, BNY Mellon; Michelle Girard, RBS; and Ed Keon, Quantitative Management Associates, discuss.
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 BNY Mellon sign is seen on their headquarters in New York's financial district in this January 19, 2011 file photo. BNY Mellon Corp said on Wednesday that second-quarter profit surged, beating Wall Street estimates, but deposits into long-term investment funds fell by nearly half amid a meltdown i
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