Entries tagged "Bank of New York Mellon Corp."
A lot of regional banks are releasing first-quarter earnings Tuesday and throughout the week. Here's a roundup.
Markets got off to a rough start Thursday. The Dow fell 115.33 points to 8,260.12, the S&P 500 fell 16.45 points to 857.64, and the Nasdaq slid 28.77 points to 1,529.57. Financial stocks were down on reports that the government could pump another $1 trillion to $2 trillion into the banking system....
The Treasury Department posted Wednesday investment contracts it has entered with Citigroup Inc., Bank of America Corp. and some of the country's other largest financial institutions as part of its efforts to increase transparency in federal programs created to shore up the financial system....
Bernard Madoff's investment firm, Bernard L. Madoff Securities received a nod from a US Bankruptcy Judge for $28.1 million to cover expenses to liquidate.
The markets are mixed as investors await the decision on a possible U.S. automakers' bailout. The Dow was down 93.51 at 8,840.61, the S&P 500 fell 3.99 to 905.71, but the Nasdaq is up 4.15 at 1,575.89. Banks were down as announcements of more layoffs poured in. ...
