Shares of Bank of New York Mellon Corp (NYSE:BK) ended Monday session in red amid volatile trading. The shares closed down -0.65 points or -1.62% at $39.55 with 4.42 million shares getting traded. Post opening the session at $39.83, the shares hit an intraday low of $39.43 and an intraday high of $39.96 and the price vacillated in this range throughout the day. The company has a market cap of $42.07 billion and the numbers of outstanding shares have been calculated to be 1.07 billion shares.
On Sept. 26, 2016 BNY Mellon announced that Karen B. Peetz, president, has decided to retire from the company at year end.
Peetz, BNY Mellon’s first female president, joined the company in 1998 and has played a pivotal role through periods of significant change in the organization, including the successful navigation of post-financial crisis challenges and the adoption of a more strategic, market- and solutions-led approach to client relationship management.
Peetz has been consistently recognized for her contributions to the financial services industry and has been named #1 on American Banker’s “25 Most Powerful Women in Banking” ranking in recognition of her management style, crisis management skills, influence and charitable endeavors.
“Karen’s leadership, industry expertise and partnership will be missed by BNY Mellon, and we are extremely thankful for her many contributions during her tenure,” said Gerald Hassell, Chairman and CEO of BNY Mellon.
Peetz oversees the company’s global client management and regional management, its treasury services business and its regulatory oversight functions. Prior to her appointment as president in January 2013, she led BNY Mellon’s former Financial Markets and Treasury Services group, comprised of the alternative investment services, broker-dealer and advisor services, corporate trust, depositary receipts and treasury services businesses.
Shares of New Residential Investment Corp (NYSE:NRZ) ended Monday session in green amid volatile trading. The shares closed up +0.06 points or 0.42% at $14.32 with 800.00 million shares getting traded. Post opening the session at $14.31, the shares hit an intraday low of $14.26 and an intraday high of $14.50 and the price vacillated in this range throughout the day. The company has a market cap of $3.54 billion and the numbers of outstanding shares have been calculated to be 250.49 million shares.
New Residential Investment Corp (NRZ) on September 24, 2016 announced that its Board of Directors declared a quarterly dividend of $0.46 per common share for the third quarter of 2016. The dividend is payable on October 28, 2016 to shareholders of record on October 3, 2016.