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How Will History Paint Bernanke?

BNY Mellon global markets managing director Michael J. Woolfolk weighs in on Fed Chairman Ben Bernanke and the markets.

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  1. BNY Mellon to add up to 100 positions at wealth management unit

    BNY Mellon Corp , the world's largest custody bank, said it would add up to 100 positions at its wealth management unit, expanding the sales force at the unit by 50 ...

  2. BNY Mellon to Bullk Up Wealth-Management Sales Force

    Bank of New York Mellon Corp. (NYSE: BK) plans to increase its wealth-management sales force by 50%, or up to 100 new positions, under a two-year recruiting campaign...

  3. Dimon Played Role Over Who Serves on JPMorgan Board

    For years, JPMorgan Chase & Co Chairman and CEO Jamie Dimon and other executives have hand-picked new directors, in a practice that is now unusual for a major U.S. b...

  4. A Financial Services ETF Buffett Would Love

    As ETFs have surged in popularity, analysts and investors have wondered which funds would be appealing to legendary value investor Warren Buffett. Buffett's Berkshir...

  5. Yen in Uncharted Territory

    BNY Mellon Global Markets managing director Michael Woolfolk on why investors should care about the Yen sinking to a 4.5-year low.

  6. U.S. can pursue case against Bank of America over mortgages

    A federal judge ruled on Wednesday that the United States can pursue parts of a civil lawsuit against Bank of America Corp over its sale of toxic mortgages to Fannie...

  7. U.S. Can Pursue Lawsuit Against BofA

    A federal judge ruled on Wednesday that the United States can pursue parts of a civil lawsuit against Bank of America Corp (NYSE:BAC) over its sale of toxic mortgage...

  8. Chesapeake Wins Bond Dispute with Bank of NY Mellon

    A federal judge on Wednesday ruled in favor of Chesapeake Energy Corp in a dispute with Bank of New York Mellon Corp over the natural gas company's effort to buy bac...

  9. Judge may set workout deadline in biggest U.S. muni bankruptcy

    Alabama's Jefferson County will brief a federal judge on Thursday on its progress toward exiting from bankruptcy, as the county appears likely to become the first bi...

  10. Housing regulator lifts objection to $8.5 billion BofA deal

    The Federal Housing Finance Agency on Friday withdrew its conditional objection to Bank of America Corp's proposed $8.5 billion settlement with investors in Countryw...

  11. Wells Fargo Settles Medical Capital Investor Suit for $105 Million

    Wells Fargo & Co. (WFC) agreed to pay $105 million to investors of defunct medical-receivables-financing-company Medical Capital Holdings Inc.The San Francisco bank ...

  12. Wells Fargo in $105 million pact over Medical Capital: court papers

    Wells Fargo & Co agreed Tuesday to pay $105 million to settle an investor lawsuit over its role as trustee for debt issued by a financing company that fell apart in ...

  1. Factbox: Favourites and long-shots to be new RBS CEO

    Nathan Bostock, Royal Bank of Scotland's head of restructuring, is the early favorite to replace Stephen Hester as chief executive of the state-controlled bank, acco...

  2. BofA could still put Countrywide into bankruptcy, executive says

    Bank of America Corp could put its Countrywide Financial unit into bankruptcy if it fails to win court approval for an $8.5 billion settlement with mortgage investor...

  3. Rethinking how 401(k)s Invest

    One of the big differences between defined benefit plans, or old-fashioned pension plans, and defined contribution plans, such as 401(k)s and other contributory reti...

  4. In the Midst of a Currency War?

    Bank of New York Mellon senior currency strategist Michael Woolfolk and ‘Currency Wars’ author James Rikards on the state of currencies.

  5. AIG Argues Against $8.5B Settlement with BofA

    American International Group Inc argued on Tuesday that a proposed $8.5 billion settlement between Bank of America Corp and investors in Countrywide Financial Corp m...

  6. BofA's $8.5B Settlement Heads to Showdown

    A long-running fight comes to a head on Monday when court proceedings begin over an $8.5 billion settlement between Bank of America Corp (NYSE:BAC) and investors in ...

  7. Canada Fin Min: Too Much Capital 'Sloshing' Around, Worries About Asset Bubbles

    Canadian Finance Minister Jim Flaherty said Wednesday he's worried there's too much capital "sloshing" around the global economy because that might fuel asset bubble...

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