Gerald Hassell News
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As JPMorgan Chase & Co.’s Jamie Dimon prepares for a vote tomorrow on whether he should keep his chairman and chief executive officer titles, he may take comfort knowing most of his biggest shareholders are led by men with the same dual role.
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Bank of New York Mellon Corp., the world’s largest custody bank, reported a first-quarter loss after the U.S. Tax Court disallowed certain tax credits.
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“The Rome Prize is a gateway drug, and it is downhill forever after, trying to get back to Rome,” said Adele Chatfield-Taylor, president and chief executive of the American Academy in Rome.
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Bank of New York Mellon Corp.’s Gerald Hassell, who started as a management trainee 38 years ago and became president in 1998, got the top job with the departure of Chief Executive Officer Robert P. Kelly.
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President Barack Obama discussed ways to bolster business confidence and economic growth during a White House meeting with heads of the world’s biggest banks, including Goldman Sachs Group Inc.’s Lloyd C. Blankfein and JPMorgan Chase & Co.’s Jamie Dimon.
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President Barack Obama is meeting today with 15 heads of the world’s biggest banks, including Goldman Sachs Group Inc.’s Lloyd C. Blankfein and JPMorgan Chase & Co.’s Jamie Dimon, White House officials said.
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Bank of New York Mellon Corp., the world’s largest custody bank, and Northern Trust Corp. relied on rising stock markets and cost cuts to increase earnings as fees were hurt by low interest rates.
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Bank of New York Mellon Corp., the world’s largest custody bank, is in early stage talks with federal prosecutors to settle accusations the bank overcharged customers for foreign-exchange trading, according to a person briefed on the discussions.
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In the ballroom of the Hilton New York -- carpeted for the evening in white Astroturf -- Alvin Ailey dancers strutted onto the dance floor.
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Bank of New York Mellon Corp., with $27.1 trillion of assets under custody and administration, said it’s helping clients pull cash from Denmark and Switzerland as the central banks take measures to stem appreciating currencies.
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