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Bank of New York Company

A collection of news and information related to Bank of New York Company published by this site and its partners.

Top Bank of New York Company Articles

Displaying items 12-22
  • 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. councilman wants Wall Street banks to cut bond refinance fees

    A Los Angeles city councilman wants out of deals with two Wall Street banks he says are costing the city money. Councilman Paul Koretz introduced a motion Friday that calls on two banks to either renegotiate contracts with the city at no cost, or for...
  • Nearly all top U.S. banks could withstand severe recession, Fed says

    WASHINGTON -- Only one of the nation's 30 largest banks would not be able to withstand a severe recession and the firms collectively are in better financial position to handle economic shocks than five years ago, according to Federal Reserve stress test...
  • Council committee wants to pressure banks to lower rates on bond deal

    Los Angeles officials moved Monday to get out of two Wall Street bank contracts that they say soured after the economic crash of 2008. In 2006, the city entered into an interest rate swap deal with Bank of New York Mellon and Dexia, a Franco-Belgian...
  • Dozens of protesting trash haulers make noise around City Hall

    Dozens of protesting trash haulers make noise around City Hall
    Dozens of trash haulers and other vehicles encircled Los Angeles City Hall on Tuesday, blowing their horns and clogging downtown traffic as they protested what city labor groups claim are millions of dollars' worth of "predatory fees" L.A. has paid to...
  • Hundreds of city workers protest bank deals at L.A. City Hall

    Hundreds of city workers protest bank deals at L.A. City Hall
    Hundreds of city workers and their allies packed the streets and sidewalks outside Los Angeles City Hall on Tuesday morning, protesting "predatory fees" the city pays to Wall Street banks. The Fix LA Coalition, which includes labor unions, clergy and...
  • Honking garbage trucks in L.A.: That's no way to deal with Wall Street

    Honking garbage trucks in L.A.: That's no way to deal with Wall Street
    A coalition of city labor unions and community activists say big banks preyed on Los Angeles and other municipalities, locking them into interest rate swap deals that ended up costing taxpayers millions of dollars after the economic crash. So, how do...
  • City workers protest deals between L.A., Wall Street banks

    City workers protest deals between L.A., Wall Street banks
    Hundreds of city workers and their allies packed the streets and sidewalks outside Los Angeles City Hall on Tuesday morning, protesting what they say are predatory deals between the city and Wall Street banks. The Fix LA coalition, which includes...
  • Fraud trial opens for former Northbrook CEO

    Fraud trial opens for former Northbrook CEO
    Eric Bloom was still in his 20s when he took over his father’s Sentinel Management Group Inc., a well-connected Northbrook money management firm known for always paying dividends on safe, reliable investments. But prosecutors say Bloom secretly...
  • BofA's legal costs mount in Countrywide mortgage fiasco

    NEW YORK — A federal judge will soon decide how much Bank of America should pay for some of Countrywide Financial Corp.'s sins in the lead-up to the financial crisis. Federal prosecutors want BofA to pay $864 million after the bank's stinging...
  • Moody's cuts ratings of four big banks on reduced bailout chance

    Moody's cuts ratings of four big banks on reduced bailout chance
    WASHINGTON -- Moody's Investor Services on Friday said it cut the credit ratings for four big U.S. banks because of reduced chances the government would bail them out in a future crisis. The ratings for bank holding company debt of JP Morgan Chase & Co....