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Bullish Ruto, 'broke' Njuguna Ndung'u: Who is fooling whom on state of the economy?

Kenya spent 67.5 per cent of tax revenue to service debts from July to September. ....

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Mortgages and small loans will be more expensive under proposed regulations, bank chiefs say

JPMorgan Chase's Jamie Dimon pushes back against capital rules as bank chiefs testify on Capitol Hill. ....

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Morgan Stanley Increases Bank of New York Mellon (NYSE:BK) Price Target to $48.00

Bank of New York Mellon (NYSE:BK – Free Report) had its price objective boosted by Morgan Stanley from $46.00 to $48.00 in a research note released on Friday, Benzinga reports. Morgan Stanley currently has an underweight rating on the bank’s stock. A number of other equities analysts also recently weighed in on BK. Deutsche Bank […] ....

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The Bank of New York Mellon Co. (NYSE:BK) Shares Purchased by Westchester Capital Management Inc.

Westchester Capital Management Inc. increased its stake in shares of The Bank of New York Mellon Co. (NYSE:BK – Free Report) by 0.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 199,399 shares of the bank’s stock after acquiring an additional 1,281 […] ....

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Hotchkis & Wiley Capital Management LLC Increases Position in The Bank of New York Mellon Co. (NYSE:BK)

Hotchkis & Wiley Capital Management LLC grew its stake in The Bank of New York Mellon Co. (NYSE:BK – Free Report) by 3.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,122,454 shares of the bank’s stock after buying an […] ....

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