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Bank of New York Company

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  • Group protests L.A. loan rates by dumping trash at downtown bank

    Group protests L.A. loan rates by dumping trash at downtown bank
    A coalition of city workers and community groups delivered debris from a South Los Angeles alley to the front door of a bank downtown Wednesday to protest what they call "toxic" deals between the city and large Wall Street firms.
  • KidsPeace emerges from bankruptcy

    KidsPeace, the Orefield-based organization that's been treating troubled children for more than a century, emerged from bankruptcy Friday after shedding more than $80 million in pension obligations and millions of dollars in yearly debt. Fourteen months...

    Only 1 U.S. bank among world's top 10

    Only 1 U.S. bank among world's top 10
    A list of the world’s 100 largest banks is out, and the United States has only one representative in the top 10. Topping the list is Industrial & Commercial Bank of China Ltd., with $3.174 trillion in assets, according to numbers released...

    L.A. unions, allies issue fake parking tickets to protest bank deals

    L.A. unions, allies issue fake parking tickets to protest bank deals
    Some Los Angeles downtowners returned to their cars Thursday to the unwelcome sight of a white envelope tucked under their windshield wipers. But the faux ticket inside was aimed not at them, but at "Big Banks" for the offenses of "Predatory Bank Deals"...

    L.A. weighs plan to press banks to renegotiate rate swaps

    Los Angeles could become the nation's biggest city seeking to jettison financial deals crafted on the eve of the Great Recession that union and community activists contend are draining funds from city services. The City Council will vote Wednesday on...