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3 Billion Dollar Loan - News Articles
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Thursday, October 16, 2008
InvestmentNews, NY -
By Aaron Siegel Merrill Lynch & Co. Inc. and Citigroup Inc. were walloped by third-quarter losses, while State Street Corp., The PNC Financial Services Group Inc. and Bank of New York Mellon Corp. posted profits. OAS_RICH("Middle"); Merrill Lynch , ... -
Thursday, October 16, 2008
The Herald, UK -
Bank of New York Mellon reported a 53% fall in third-quarter profit after helping out money market funds hit by Lehman Brothers' bankruptcy. ... -
Oct 14, 2008
MarketWatch -
NEW YORK, Oct 14, 2008 /PRNewswire-FirstCall via COMTEX/ -- The Bank of New York Mellon Corporation today announced that its Board of Directors declared a quarterly dividend of 24 cents per share on the outstanding shares of the Company's common stock. The dividend ... -
Oct 14, 2008
MarketWatch -
NEW YORK, Oct 14, 2008 /PRNewswire-FirstCall via COMTEX/ -- The Bank of New York Mellon today confirmed that it has been selected by the US Department of ... -
Oct 14, 2008
Reuters India, India -
WASHINGTON (Reuters) - Bank of New York Mellon will supervise many key aspects of the US Treasury's emergency plan to aid troubled financial companies, the Treasury said on Tuesday. ... -
Oct 14, 2008
AFP -
WASHINGTON (AFP) — The US Treasury announced Tuesday that Bank of New York Mellon had been hired as its custodian for Troubled Asset Relief Program that will help get distressed assets off the books of financial firms. Treasury hired the New York-based firm Monday ... -
Oct 14, 2008
Bloomberg -
By John Brinsley and Sree Vidya Bhaktavatsalam Oct. 14 (Bloomberg) -- Bank of New York Mellon Corp., the world's largest custodian of assets, will keep the books for the U.S. Treasury purchases of toxic securities, part of the government's $700 billion financial-rescue ... -
Oct 14, 2008
Forbes, NY -
WASHINGTON (Thomson Financial) - The Bank of New York Mellon will serve as Treasury's custodian as it implements the $700 bln bailout bill, Treasury announced today. The custodian of the massive program will act as a ... -
Oct 14, 2008
The Swamp - Tribune's Washington Bureau, DC -
by James Oliphant The Treasury Department Tuesday announced that it has selected Bank of New York Mellon to implement the administration's "rescue plan" to ... -
Oct 14, 2008
International Herald Tribune, France -
By Eric Dash The Bank of New York Mellon was named the master custodian firm overseeing the Treasury Department's $700 billion bailout fund, the agency announced Tuesday. The master custodian bank will hold and track the distressed assets that ...
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Oct 14, 2008
Reuters -
NEW YORK/WASHINGTON, Oct 14 (Reuters) - The US Treasury Department said Bank of New York Mellon Corp (BK.N: Quote, Profile, Research, Stock Buzz), the world's largest custodian of assets, will oversee..."; ... -
Oct 14, 2008
Forbes, NY -
AP 10.14.08, 4:50 PM ET The US Department of Treasury has hired The Bank of New York Mellon to act as its custodian on the $700 billion bailout plan to buy troubled assets. The contract was posted on the Treasury department's Web site. Sections of the contract that ... -
Oct 14, 2008
Bizjournals.com, NC -
The Bank of New York Mellon, founded by Alexander Hamilton, the nation’s first treasury secretary, has been selected by the Treasury Department to support ... -
Oct 14, 2008
Wall Street Journal -
By LYNN COWAN Most of the banks set to receive injections from the US Treasury have been featured prominently in recent headlines. Then there's Bank of New York Mellon Corp. and State Street Corp. As custody banks that ... -
Oct 14, 2008
Washington Post, United States -
President Bush outlines details of the $700 billion financial bailout plan on Tuesday morning from the White House. Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned ... -
Oct 15, 2008
CNNMoney.com -
NEW YORK (Associated Press) - Bank of New York Mellon Corp. will report third-quarter earnings Thursday. The following is a summary of key developments and analyst opinion related to the period. OVERVIEW: Last month, Bank of New York Mellon said it planned to ... -
Oct 15, 2008
Malaysia Star, Malaysia -
NEW YORK: The US Treasury Department said Bank of New York Mellon Corp, the world’s largest custodian of assets, will oversee much of its US$700bil emergency financial industry rescue plan. The terms were not disclosed. Treasury said on Tuesday the bank would ... -
Thursday, October 16, 2008
Wall Street Journal -
By DONNA KARDOS Bank of New York Mellon Corp. reported a 53% drop in third-quarter net income amid higher credit-loss provisions and charges for items including mergers and acquisitions. Still, the company beat expectations, which Chief Executive Robert P. Kelly said ... -
Thursday, October 16, 2008
Reuters -
NEW YORK (Reuters) - Bank of New York Mellon Corp's (BK.N: Quote, Profile, Research, Stock Buzz) third-quarter profit fell 53 percent, hurt by a big charge to bail out funds affected by Lehman Brothers Holdings Inc's (LEHMQ.PK: Quote , Profile , Research ... -
Thursday, October 16, 2008
International Herald Tribune, France -
AP NEW YORK: Bank of New York Mellon says its third-quarter profit dropped 53 percent, hurt by securities losses and a decline in assets under management ...
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