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Stock Market & Financial Investment News

News Breaks
February 12, 2013
05:51 EDTBKBNY Mellon expects $850M charge in Q1 after tax court ruling
After taking the charge, the company expects it will continue to be well capitalized and its Basel III Tier 1 common equity ratio will be impacted by approximately 55 basis points. BNY Mellon said last night that it intends to appeal the ruling.
News For BK From The Last 14 Days
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June 18, 2013
07:29 EDTBKSecurities Industry and Financial Markets Association to host a conference
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June 12, 2013
07:25 EDTBKBNY Mellon expands fund services for ING U.S. Investment Management
BNY Mellon has expanded its relationship with ING U.S. Investment Management to provide fund accounting and administration, custody, and transfer agency services for the Wisconsin Tomorrow's Scholar 529 Plan and the Iowa Advisor 529 Plan.
June 11, 2013
07:38 EDTBKBNY Mellon appointed trustee, agent roles for Rideau Transit's C$2.1B contract
BNY Mellon has been appointed collateral agent, insurance trustee and financial model custodian by the Rideau Transit Group for its C$2.1B transit contract. Rideau Transit Group will use the lender's proceeds to finance the construction of the Confederation Line, a light rail project that will run through the city of Ottawa, Canada. The Rideau Transit Group and the City of Ottawa have entered into a public-private partnership in which RTG will design, build, finance and maintain the Confederation Line light rapid transit system. RTG is a consortium comprising ACS Infrastructure Canada, SNC-Lavalin Capital and EllisDon.
June 6, 2013
07:17 EDTBKPershing to host a conference
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