Q4 Earnings: BNY Mellon Profits Drop 25%; Pershing Flat
BNY Mellon’s Q4 profits totaled $0.42 per share compared with $0.54 per share in the fourth quarter of 2010. Analysts had anticipated EPS of $0.52 in Q4.
BofA in $8.5 Billion RMBS Deal With PIMCO, Goldman, Others
Bank of America's latest settlement involves 530 trusts that bought residential mortgage-backed securities for $424 billion.
Mellon HBV Alternatives Expands
NEW YORK (HedgeWorld.com)--Mellon HBV Alternative Strategies recently expanded its staff roster, adding among others a new marketing chief, Charles Poznek. Mr. Poznek, formerly a hedge fund...