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Bank of New York Company

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Top Bank of New York Company Articles see all

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  • Housing fix has strong enemies

    Housing fix has strong enemies
    One way to judge the virtues of the city of Richmond's initiative to use eminent domain to help its strapped mortgage borrowers is by the hysterical reaction of the banks and investors holding the mortgage loans.
  • Number of Californians entering foreclosure jumps in third quarter

    A big August surge in foreclosure actions by Bank of America and Bank of New York sent the number of California homeowners entering foreclosure to levels not seen in a year.

    Occupy Pittsburgh goes quietly as D.C., Oakland resist

    Occupy Pittsburgh begins dismantling camp as Monday deadline looms. A judge on Thursday upheld an eviction order by the private owner of Mellon Green, the property occupied.

    Bank slaps fee on 'excess' deposits from big clients

    The rush to safety now is coming at an unusual cost, at least for big investors at one major U.S. bank. Bank of New York Mellon said Thursday that it would begin charging institutional customers a fee if they place...

    Bank of America's proposed settlement with mortgage investors comes under fire [Updated]

    Bank of America Corp.'s proposed $8.5-billion settlement with 22 major holders of Countrywide Financial Corp. mortgage securities came under fire in Manhattan federal court as a deadline to challenge the deal arrived. The flurry of objections Monday and...