bank of new york
| 3:35PM 8/08/2011
Banks lost billions in the financial crisis, and now face profit-squeezing regulations. And make no mistake: They're looking at your balance to fix their bottom lines. Here are four ways your bank takes your money, and what you can do to hold on to more of your hard-earned cash.
By Rick Aristotle Munarriz, The Motley Fool
| 1:45PM 8/08/2011
Last week's puzzling developments on the Street included: Bank of New York alienating its richest depositors; Microsoft and Google fighting like middle-schoolers; DirecTV's CFO making an embarrassing disclosure; and Netflix slowing down as it approached the millionth Canadian milestone.
| 5:23PM 11/15/2010
Warren Buffett's Berkshire Hathaway has revised its investment portfolio during the third quarter, buying up shares of Bank of New York Mellon while unloading its stake in Home Depot.
| 5:15PM 11/18/2009
Retail investors may be forgiven if they view bank stocks with great skepticism. After all, the financial sector touched off the conflagration that ultimately became the Great Recession. But that doesn't mean there aren't some bargains in the banking sector, and noted bank analyst Dick Bove of...
| 1:15PM 10/20/2009
Some of the same forces that helped Wall Street's biggest firms make lots of money buying and selling bonds are also responsible for a giant, unexpected third-quarter loss at Bank of New York Mellon (BK), the company said Tuesday.
The largest of the so-called custodial banks that specialize in...
| 12:00PM 8/27/2009
The Federal Reserve does not want to release details about the financial institutions that have received more than $1 trillion in loans through about a dozen emergency programs.
To stop the release, the Fed asked U.S. District Judge Loretta Preska to delay enforcement of her August 24 ruling...
| 9:30AM 5/11/2009
While every bank that took money from the government through TARP would like to get the government off their backs, some actually have plans in the works. The only question left is who will be first.
The bank that's made the loudest noises since February is Goldman Sachs (GS). It even raised $5...