UBS Group AG agreed to pay $230 million to resolve a New York state probe into the Swiss bank’s marketing and sales of residential mortgage-backed securities before the financial crisis,... To view the full story, click the title li...
Star of the hit movie Life Size and creator of little known reality show America's Next Top Model, Tyra Banks has reportedly picked up a brand new California property. After selling her gorgeous New York condo last spring, Banks recently purchased this sprawling Pacific Palisades home for $6.995 million. READ MORE »
A bank has now been appointed to manage the escrow fund for the €15B ($18.6B) in back-taxes the European Union decided Apple had to pay to the Irish government. It took some time to agree the arrangements as Apple expects to get theShow More Summary
The Irish government has reportedly selected Bank of New York Mellon to control an escrow fund holding up to $18.6 billion in back taxes collected from Apple, pending attempts to reverse a ruling by the European Commission.
In 2015 the Federal Reserve Bank of New York reported there were 117,000 jobs at tech companies in New York City, and noted that inclusion of self-employed freelancers would make the number somewhat... To view the full story, click the title link.
Authored by Mike Krieger via Liberty Blitzkrieg blog, What Sorkin is suggesting is more of the same, although perhaps with worse consequences. If banks take action where policymakers do not or cannot, they are essentially putting themselves above the law. Show More Summary
What does it mean for New York if a Wall Street bank knocks down a historic building to harvest some tax incentives?
Palestinians threw eggs at a delegation including New York City Council members visiting the occupied West Bank Thursday, AFP reporters said, amid anger over US President Donald Trump's recognition of Jerusalem as Israel's capital. Several...Show More Summary
Here are some of the hottest toys from the New York Toy Fair 2018 that will be draining your bank account this year.
A New York Times columnist floated the idea of having banks and credit card companies cut business ties with retailers that sell assault weapons and accessories. Some finance industry executives are already reportedly on board with the...Show More Summary
Manufacturing activity in the New York Federal Reserve Bank’s district eased somewhat in February but remained strong overall. In the latest Empire State Manufacturing Survey, the composite index of general... The post New York Fed: Manufacturing Activity Remained Strong but Eased in February; Input Costs Accelerated appeared first on Shopfloor.
A merger would broaden Goldman’s client base and reduce its reliance on trading. If only watchdogs, customers and the target itself could be won over.
Tyra Banks and Danielle Herrington walk the red carpet at The Cinema Society’s screening of Black Panther on Tuesday (February 13) in New York City. Earlier in the day, Danielle‘s cover for the Sports Illustrated Swimsuit Issue was revealed and Tyra, a former cover star, is helping her celebrate! Other stars at the screening included [...]
From the NY Fed: Household Debt Jumps as 2017 Marks the Fifth Consecutive Year Of Positive Annual Growth Since Post-Recession DeleveragingThe Federal Reserve Bank of New York’s Center for Microeconomic Data today issued its Quarterly...Show More Summary
Two weeks ago, New York Times columnist Roger Cohen entered my life and that of several Palestinians I introduced him to in the West Bank by having us believe that he sincerely wanted to hear our stories and know our reality. But the column that came out of it, “It’s Time for Mahmoud Abbas to Go,” intentionally ignores the Palestinian reality.
Shares of the company tumbled 8.3 percent to $58.77 at 9:34 a.m. in New York trading, after dropping to as low as $58.05. The stock posted the biggest drop in the 24-company KBW Bank Index, which dipped 1.4 percent as every lender'sShow More Summary
You might expect the Museum of American Finance, located on Wall Street in a breathtaking structure that once housed the Bank of New York, to be an enthusiastic proponent of free enterprise. After all, as one exhibit points out, when...Show More Summary
Before going to Europe on business, a man drove his Rolls-Royce to a downtown New York City bank and went in to ask for an immediate loan of $5,000.The loan officer, taken aback, requested collateral. “Well then, here are the keys to my Rolls-Royce,” the man said. Show More Summary
AP Photo/Mark Lennihan Customers use an ATM outside a Bank of America branch in New York rickle-downers_35.jpg B ank of America has recently faced a backlash over the elimination of a basic checking account that required no monthly fee or minimum balance. Show More Summary
If the Federal Reserve is forced to delay its planned rate increases for any reason, banks would be substantially affected. This note focuses on the impact on Bank of New York Mellon in the (unlikely) event that hikes were delayed.