Bank of New York Mellon Corp

Global banks faced a fresh scandal about dirty money on Monday as they sought to limit the fallout from a cache of leaked documents showing they transferred more than $2 trillion in suspect funds over nearly two decades.

Shares of the biggest global banks dropped on Monday after news reports said they allowed large sums of allegedly illicit funds to move through the financial system, despite red flags about the origins of the money.

* BERKSHIRE HATHAWAY INC REPORTS OPEN MARKET SALE OF 197,379 SHARES OF BANK OF NEW YORK MELLON CORP ON APRIL 7 AT AVERAGE PRICE OF $35.3069 - SEC FILING

Bank of New York Mellon Corp <BK.N> on Monday named interim head Thomas Gibbons as chief executive officer, effective immediately.

Bank of New York Mellon Corp <BK.N> missed analysts' estimates for quarterly profit on Thursday, as the world's largest custodian bank earned less from its interest-earning assets due to rate cuts by the Federal Reserve.

* SAID ON FRIDAY THAT THE BANK OF NEW YORK MELLON CORPORATION'S SUBSIDIARIES BNY MELLON IHC, LLC AND MBC INVESTMENTS CORPORATION DECREASED THEIR HOLDINGS IN GALP’S VOTING RIGHTS TO BELOW THE 2% THRESHOLD

Bank of New York Mellon Corp <BK.N> reported a better-than-expected quarterly profit on Wednesday, as the world's largest custodian bank cut costs to counter weakness in its investment management business and lower interest rates.

Bank of New York Mellon Corp reported a 7% fall in quarterly profit on Wednesday, as the world's largest custodian bank earned lower fees and took a hit from a drop in interest rates.

* BANK OF NEW YORK MELLON CORP LOST VANECK ASSOCIATES AS A CLIENT OF ITS SERVICING BUSINESS FOR EXCHANGE-TRADED FUNDS TO RIVAL STATE STREET CORP - WSJ Source text : https://on.wsj.com/2HmPyPM Further company coverage:

A federal judge in Pittsburgh has rejected a bid by a Bank of New York Mellon unit to dismiss a proposed class action accusing it of imprudently investing thousands of trusts' assets in poorly performing mutual funds managed by an affiliate.

Bank of New York Mellon Corp said on Wednesday it expects net interest revenue to decline again in the current quarter as the world's largest custodian bank pays higher interest rates to attract deposits, sending its shares down 9 percent.

Bank of New York Mellon Corp said it expects net interest revenue to fall between 3 and 5 percent in the second quarter, compared with the first, mostly due to higher interest paid on deposits.

Bank of New York Mellon Corp said it expects net interest revenue to fall between 3 and 5 percent in the second quarter, compared with the first, mostly due to higher interest paid on deposits.

Bank of New York Mellon Corp reported a 20 percent fall in quarterly profit on Wednesday, as the world's largest custodian bank's fee revenue declined.

An Alabama couple who allege they lost $650,000 to fraudsters selling purported certificates of deposit on a fake bank of New York Mellon website have sued the bank and Wells Fargo, which allegedly processed a wire transfer to the criminals.

Bank of New York Mellon Corp backed away on Thursday from changing rules relating to its staff working from home, after a call to reevaluate the option invited severe criticism from employees.

Bank of New York Mellon Corp <BK.N> beat Wall Street estimates for fourth-quarter profit on Wednesday, as it earned more in fees from servicing assets that clients keep with the bank and kept a tight lid on expenses.

Bank of New York Mellon Corp on Wednesday reported a 26 percent fall in fourth-quarter profit from last year when it benefited from a one-time gain due to a change in U.S. tax laws.

The top U.S. securities regulator on Monday said that Bank of New York Mellon <BK.N> will pay more than $54 million to settle charges of improper handling of "pre-released" American Depositary Receipts, U.S. securities representing foreign shares of a foreign company.