Bank of New York Mellon Corporation (NYSE: BK)
BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has $21.8 trillion in assets under custody and administration and $1.0 trillion in assets under management, services $11.6 trillion in outstanding debt and processes global payments averaging $1.5 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation.
BNY Mellon Shareowner Services today announced the availability of a white paper outlining some of the major challenges for equity issuers resulting from recent regulatory changes.
Entitled "Compliance, Complexity and Cost Challenges: The Impact of Regulatory Reform on Corporate Issuers," the white paper emphasizes the broad scope of recent regulatory changes, and outlines some of the significant effects these changes will have on how most public companies will conduct their business.
Noting that the Dodd-Frank Act the most sweeping regulatory overhaul since the Great Depression has implications for all public companies, the paper points to corporate governance and executive compensation as critical aspects of the Act. The paper also discusses the shareholder communications implications of the SEC's recently issued Concept Release on the U.S. Proxy System; reviews the changes in cost-basis record keeping and reporting taking effect at the beginning of next year under the Emergency Economic Stabilization Act of 2008; and recaps changes in tax withholding laws and escheatment practices being enforced by a number of states.
Bank of Marin Bancorp (NASDAQ: BMRC)
Bank of Marin Bancorp's assets currently exceed $1 billion. Bank of Marin, as the sole subsidiary of Bank of Marin Bancorp, is the largest community bank in Marin County with thirteen branch offices in Marin and Sonoma counties and a commercial loan office in San Francisco. The Bank's Administrative offices are located in Novato, California. Bank of Marin offers business and personal banking, private banking, and wealth management services, with a strong focus on supporting the local community.
Bank of Marin Bancorp announced today that its Board of Directors declared a quarterly cash dividend of $0.15 per share. The cash dividend is payable on August 13, 2010 to shareholders of record at the close of business on August 2, 2010.
"We are very pleased with our strong second quarter numbers contributing to our positive long-term performance, allowing us to pay dividends to our shareholders for the 21st consecutive quarter, said Russell Colombo, President and Chief Executive Officer.
Bank Of Montreal Common Stock (NYSE: BMO)
Halifax Regional Municipality and BMO Financial Group today announced that BMO has acquired the naming rights for the next ten years for the new four-rink arena in Bedford.
"My colleagues and I in Halifax Regional Municipality are thrilled to be associated with this state-of-the-art sports and recreational facility that will enable young people and the community to enjoy their favourite sports, including ice hockey, figure skating, sledge hockey, ball hockey and volleyball," said Steve Murphy, Senior Vice President, Atlantic Provinces Division, BMO Bank of Montreal. "The BMO Centre in HRM is the latest example of BMO's commitment to supporting community life across Canada and providing additional recreational opportunities for local residents."
"We're pleased to be working with BMO - a great supporter nationally, regionally and locally - to bring this wonderful new facility to the residents of HRM. This is yet another great example of how the private and public sector can work together to the ultimate benefit of the community," said HRM Mayor, Peter Kelly.
Crown Equity Holdings Inc. (OTC BB: CRWE.OB)
Crown Equity Holdings Inc. announces that its sales this year have already surpassed $1,000,000. This compares to $232,510 for the three quarters ending September 30, 2009 and $ 659,907 total sales for the year 2009.
"Based on our sales to date, we had more than 4 times the sales for the same period last year and are 34% ahead of last year's total sales," commented Kenneth Bosket, President and CEO of Crown Equity Holdings Inc. "Our growth in sales along with our investments in infrastructure and people give the company a basis for supporting future growth of the magnitude we have seen so far this year," stated Bosket.
Crown Equity Holdings Inc. has expanded its internet footprint internationally to include the following 19 countries: Argentina, Australia, Brazil, Canada, China, France, Germany, Hong Kong, India, Ireland, Italy, Japan, Korea, Mexico, New Zealand, Singapore, Spain, Taiwan and the UK.
Crown Equity Holdings, Inc. has increased its workforce to an amount of 35, compared to this time last year's head count of 6, which is a 580% personnel increase. This is in addition to the 10 contractors we recently hired in Pakistan.
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