News: Bank of New York Mellon Corp (BK)
29.65USD
19 Jun 2013
$-0.12 (-0.40%)
$29.77
$29.76
$30.21
$29.46
8,815,969
5,562,247
$30.85
$20.13
Tue, Jun 11 2013
Fitch Rates Bank of New York Mellon Corp.'s Series D Non-Cumulative Perpetual Preferred Stock 'BBB'
(The following statement was released by the rating agency) NEW YORK, June 11 (Fitch) Fitch Ratings has assigned a 'BBB' rating to Bank of New York Mellon's Corporation's (BK) $500 million series D non-cumulative perpetual preferred stock. Proceeds from the issuance are for general corporate purposes. KEY RATING DRIVERS - SUBORDINATED AND OTHER HYBRID SECURITIES The rating for BK's series D are notched from BK's Viability Rating (VR) of 'AA-', which was affirmed on Feb. 28, 2013 (see press
MOVES-BNY Mellon, Fusion Group, 400 Capital Management, Incapital
June 11 - The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, email to moves@thomsonreuters.com.
Bank of America $8.5 billion mortgage settlement case opens
NEW YORK - Bank of America Corp's proposed $8.5 billion settlement with investors in mortgage securities that went bad during the financial crisis offers billions more than they are likely to get if they go to trial, a lawyer for the trustee who helped negotiate the deal argued Monday.
UPDATE 1-Bank of America $8.5 bln mortgage settlement case opens
* AIG, Federal Home Loan banks call settlement inadequate
Bank of America $8.5 billion settlement heads for court showdown
* AIG, Federal Home Loan banks call settlement inadequate
Bank of NY Mellon appeals ruling on Chesapeake bond lawsuit
May 13 - Bank of New York Mellon Corp is appealing against a district court judgment that allowed Chesapeake Energy Corp to redeem $1.3 billion of notes six years before their maturity date, a court filing showed.
Chesapeake wins bond dispute with Bank of NY Mellon
- Chesapeake Energy Corp won the right to redeem $1.3 billion of notes early, as a federal judge rejected an argument by the notes' trustee, Bank of New York Mellon Corp , that the company waited too long to tell investors of its plans.
Chesapeake wins bond dispute with Bank of NY Mellon
May 8 - A federal judge on Wednesday ruled in favor of Chesapeake Energy Corp in a dispute with Bank of New York Mellon Corp over the natural gas company's effort to buy back $1.3 billion of notes early.
BRIEF-Chesapeake wins bond dispute over Bank of NY Mellon
May 8 - * U.S. judge says rules in favor of Chesapeake Energy Corp in bond
Chesapeake, Bank of New York wrap up trial over bond redemption
NEW YORK, April 30 - Chesapeake Energy Corp and Bank of New York Mellon concluded an expedited trial on Tuesday over the energy company's effort to redeem $1.3 billion notes at par.
Press Releases
- BNY Mellon Retains Top Spot as Biggest Fund of Hedge Funds Administrator
- Eagle Receives Top Honor for Performance Measurement Excellence at FSOkx Awards
- BNY Mellon Appoints Andrew Provencher Head of U.S. Retail Sales
- BNY Mellon Expands Fund Services for ING U.S. Investment Management to Include 529 Plans for Wisconsin, Iowa
- BNY Mellon Named as Depositary by LightInTheBox Holding Co., Ltd.
- BNY Mellon Appointed to Trustee and Agent Roles for Rideau Transit Group's CAD$2.1 Billion Transit Contract for Ottawa's Confederation Line Project
- BNY Mellon Appointed as Depositary by Mazor Robotics Ltd.
- BNY Mellon Awards Operating Support Grants to Boston-Area Nonprofits
- Pershing Launches Online Practice Management Center for Advisors
- Adding Real Assets, Emerging Markets Securities, and Liquid Alternatives Could Improve Returns of Direct Contribution Retirement Plans, BNY Mellon Says

