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Stock Market & Financial Investment News

News Breaks
March 20, 2014
11:55 EDTBK, BKCFA Society of Minnesota to hold a meeting
Managing Director Shankar of BNY Mellon analyzes recent trends across FX, equities and bond markets and illustrate how the information content of global investor flows and positions can be harnessed in a meeting being held in Minneapolis on March 20 at 12:30 pm.
News For BK From The Last 14 Days
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September 1, 2015
08:08 EDTBKBNY Mellon selloff off on NAV calculation error overdone, says Morgan Stanley
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August 30, 2015
19:56 EDTBKBNY Mellon may not fix pricing glitches before Monday, WSJ says
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August 28, 2015
06:20 EDTBKBNY Mellon: System performance for InvestOne platform improved on Thursday
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August 27, 2015
06:20 EDTBKBNY Mellon trying to figure out fund computer glitch, FT reports
Bank of New York Mellon has experiencing problems with its mutual funds and exchange traded funds possibly reporting inaccurate prices, the Financial Times reports. The bank's computer systems are used to calculate net asset values of many funds and have suffered several problems since the start of the week, the report says. The resulting confusion might take days to clear up, and it is unclear whether investors are buying or selling funds at inaccurate prices, the report says. Reference Link
August 19, 2015
17:27 EDTBKFDIC sues BNY Mellon over mortgage backed securities, Reuters reports
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