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Rupert Murdoch attacked at Parliament, appears unharmedNews Corp. Chairman Rupert Murdoch endured not only verbal blows but also an attempted physical attack Tuesday during his historic appearance before a committee of the British Parliament to account for the alleged illegal activities of reporters at his ... read more
BNY Mellon, State Street Beat Earnings Estimates
Trust banks Bank of New York Mellon Corp. and State Street Corp. reported solid second-quarter earnings amid higher fee revenue, beating Wall Street estimates. Such banks act as custodians and servicers for corporations ... read more
BofA Posts Record Quarterly Loss on Costs of Bad Home Loans
July 19 (Bloomberg) -- Bank of America Corp. posted the biggest quarterly loss in the lender's history after Chief Executive Officer Brian T. Moynihan booked more costs tied to defective mortgages and revenue continued to slide. The second-quarter loss ... read more
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