|Bid||48.50 x 500|
|Ask||49.99 x 200|
|Day's Range||49.63 - 50.01|
|52 Week Range||36.50 - 50.39|
|PE Ratio (TTM)||15.28|
|Dividend & Yield||0.76 (1.53%)|
|1y Target Est||N/A|
The Federal Reserve on Tuesday fined Bank of New York Mellon $3 million for overstating its capital ratios after an error in how it measured the risks in a portfolio of assets. The error occurred in 2010 after a rules-change in how Wall Street would measure the risk of investments and how much capital it had to hold against possible losses, the Fed said in a statement. Bank of New York is now in compliance, the Fed reported.
Puerto Rico instructed Bank of New York Mellon Corp. not to cover a payment coming due on its Highways and Transportation Authority bonds, saying the money belongs to the agency as it works through bankruptcy ...
Warren Buffett increased Berkshire Hathaway's holdings in Bank of New York Mellon by over 50% Q1. How rich would you be if you'd entered when he first did?