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The article reports on the claim of Bank of New York (BNY) Mellon Corp. that it listened to investor concerns and sold or restructured risky investments despite the fact that it led to a net loss of 2.5 billion dollars in the third quarter of 2009. According to chief executive officer (CEO) Robert Kelly, an issue for their stock is the level of unrealized loss. There was a 6% increase in its shares in New York Stock Exchange composite trading. Investments tied to mortgages unsupported by the government are cited as most problematic for the bank.

The article reports on the forecast of Marshall & Ilsley for a third-quarter loss in 2009 higher than expected by analysts due to bad loans to other banks. The problem is another burden to the Milwaukee-based bank after the declines in Arizona and Florida housing markets. It adds that it allocated 185 million U.S. dollars for loans to other banks that gone bad. Its shares fell by 3% to 7.70 U.S. dollars on the New York Stock Exchange composie trading on October 6.

This article reports on the acquisition by Sallie Krawcheck, new head of Bank of America Corporation's (BofA) global wealth- and investment-management unit, of 63,000 shares of the Charlotte, North Carolina bank. Krawcheck bought the BofA shares for 15.97 U.S. dollars each. The acquisition occurred a few days after her appointment at BofA. Particular focus is given to Krawcheck's duties.

The article reports that Citigroup Inc. has defended the ongoing redesign of the executive floors of its New York headquarters. Citigroup says the project will generate savings in the next few years well in excess of the project costs. Citigroup is planning to do a reverse split of its shares, which would have the effect of boosting the stock value.

The article reports on the trading performance of some large capitalization stocks on January 26, 2009. Share prices of Caterpillar declined 8.4% after announcing it would reduce the number of employees by 20,000. Caterpillar, however, is seen to benefit from the infrastructure programs of U.S. President Barack Obama. In advance of fourth-quarter earnings announcements, American Express share values declined 5%. Share prices of Barclays rose 66% after the British bank declared it will not need additional capital.

The article highlights the trading of large stocks in U.S. stock markets on January 20, 2009. Royal Bank of Scotland fell 69% to $3.33 while Barclays dropped 43% to 4.16 after British Prime Minister Gordon Brown unveiled billions of pounds as capital guarantees to British banks. Due to concern over losses on certain products, State Street Bank of New York Mellon slashed 59% to 14.89 and 17% to 19 respectively but Parker Hannifin rose 1.3% to 40.29. Newmont Mining climbed 4% to 39.33 after fear in the market cause the price of gold to rose.

The article reports on the drop of U.S. stocks on October 7, 2008 which the author considers as the worst since a stock run in October 1987. It is reported that there have been rumors of re-capitalization of bigger financial institutions in the U.S. and Great Britain including Morgan Stanley, Bank of America and Royal Bank of Scotland Group. Popular hedge-fund holding companies also announced a fall in stock prices of Apple with 9.2 percent and Microsoft with 6.7 percent.

This article reports that Bank of America Corp. chairman and chief executive Kenneth Lewis has purchased additional shares of the bank's common stock on February 4, 2009 in a bid to convince employees, investors and the board that he and his management team can lead it out of its current crisis. The volatility of the bank's share price can be attributed to concerns over the extent of the U.S. government's involvement in the affairs of the bank, analysts say. Lewis describes the bank's performance in January 2009 as encouraging.