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...Mellon acquired three-quarters of the London-based boutique asset manager in 1996 before purchasing the remaining chunk of the business in 2002....
...Additional reporting by Joshua Franklin and Jennifer Hughes in New York...
...The pipeline of Chinese groups seeking large New York listings has been limited since the disastrous IPO of ride-hailing group Didi in 2021, which was forced by Beijing to delist over data security concerns...
...Earnings per share in BNY Mellon dropped 47 per cent in the final quarter of 2023 from a year earlier, but were up 38 per cent annually....
...Shares of New York Community Bancorp plunged on Wednesday after the lender that bought failed Signature Bank in the middle of last year’s regional banking turmoil cut its dividend to boost its capital and...
...Shares of New York Community Bank plunged 40 per cent on Wednesday after a report that the bank was seeking to raise money to shore up its finances through a stock sale....
...Many assumed Isabel Wilkinson Schor’s New York-based womenswear line Attersee was a natural outcome of her years-long proximity to fashion brands – after all, she worked as T Magazine’s digital director,...
...Bank of America’s profits fell 18 per cent in the first quarter, dragged down by a jump in potential loan losses and additional expenses tied to last year’s regional banking crisis....
...The US has eight G-SIBs: JPMorgan, Citigroup, Bank of America, Goldman Sachs, Morgan Stanley, Bank of New York Mellon, State Street and Wells Fargo....
...Proper understanding of the power asset managers have is central to the importance of what secretary Kerry rightly laments in this article. Ashley HarrisNew York, NY, US...
...This article is part of FT Globetrotter’s guide to New York Manhattan may be full of smart wine bars and restaurants with impressive cellars, but one of the best ways to imbibe in New York is to visit one...
...Shares in Accenture fell 8 per cent in early trading in New York, the biggest drop since the beginning of the Covid-19 pandemic in 2020....
...New York City and other parts of the northeastern US were shaken on Friday following an earthquake in northwestern New Jersey....
...Bank of America, the nation’s second-largest lender, said as it reported results on Tuesday that new loan growth stalled in the quarter, with BofA’s chief financial officer Alastair Borthwick calling lending...
...The office of district attorney Alvin Bragg, who brought the case, also asked Merchan to fine Trump for his attacks on potential witnesses in the New York hush money case....
...At first, it was Lazard and Rothschild that Roger Altman’s boutique New York investment bank Evercore had in its sights....
...Shohei Ohtani’s former interpreter was charged with fraud by the US justice department and accused of wiring more than $16mn from the Los Angeles Dodgers baseball star’s bank account to pay off gambling...
...The stock closed at $50.44 after trading began on Thursday at the New York Stock Exchange under the ticker RDDT, up 48 per cent from its IPO price of $34 a share....
...Shares in New York Community Bank, which last year bought the failed Signature Bank in a government-assisted deal, plunged as much as 45 per cent on Wednesday morning, after it reported a surprise fourth-quarter...
...unemployment figures US: IMF releases its World Economic Outlook along with Chapter 1 of its global financial stability report Results: Bank of America Q1, Bank of New York Mellon, Q1, Johnson & Johnson...
...New York Community Banck is set to raise more than $1bn in a deal led by the investment firm of former Treasury decretary Steven Mnuchin aimed at shoring up its finances after more than a month of turmoil...
...Several of the bank’s businesses — including credit cards and corporate transaction services — did better than expected in a quarter that many thought would be marred by the upheaval of the restructuring...
...A top US bank regulator is proposing new limits on big bank mergers, in the wake of the failure of Silicon Valley Bank and two other banks last year, and the recent market turmoil around New York Community...
...Mario J Rizzo Professor of Economics, New York University, New York, NY, US Letter in response to this letter: Take 4: female economists / From Giles Conway-Gordon, Ronan, MT, US...
...Shares in NYCB were down about 2 per cent by Wednesday lunchtime in New York....
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