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-0.000174216027874654 0.000609756097560916 0.00130662020905916 -0.00313588850174216 -0.013588850174216 -0.022822299651568 -0.0245644599303136 -0.0317073170731707
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Wall Street Denied in Latest Rewrite of Senate Banking Bill [Bloomberg Business News]

BANK of NEW YORK MELLON (BK)  More Company Research Source: Bloomberg Business News
Last bank of new york mellon earnings: 7/19 06:30 am Check Earnings Report
PDF Wall Street banks don’t have much to celebrate in what’s probably the final version of a bill easing financial rules that is headed for a U.S. Senate vote. Mike Crapo Photographer: Andrew Harrer/Bloomberg Late Wednesday, Senate Banking Chairman Mike Crapo, an Idaho Republican, proposed some last-minute changes to his overhaul of the Dodd-Frank Act. He specified that foreign banks such as Deutsche Bank AG and Barclays Plc won’t benefit from a reprieve in his legislation that’s intended to help regional U.S. lenders. Crapo’s revisions -- filed in an amendment -- also make clear that only custody banks, including State Street Corp. and Bank of New York Mellon Corp., will win relief from a key post-crisis capital requirement. Citigroup Inc. and other lenders had been pushing lawmakers to expand a provision in the bill so they would also get a break. And Crapo declined to make changes to the Volcker Rule that firms such as Goldman Sachs Group Inc. had be [Read more]

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