London-based Newton, a global investment management subsidiary of The BankofNewYorkMellonCorporation, also has offices in Edinburgh, Leeds and NewYork.
It's actually done through the bankofNewYorkMellonCorporation, which oddly enough is one of the banks that itself is getting some of the stabilization money.
Among the largest underlying components of XLF, in trading today American Express Company ( NYSE: AXP) is off about 1%, Metlife Incorporated ( NYSE: MET) is off about 2%, and BankofNewYorkMellonCorporation ( NYSE: BK) is lower by about 0.5%.