Jeffrey Goldstein - Bank of New York Independent Director
| BK Stock | USD 81.22 1.08 1.35% |
Director
Mr. Jeffrey Alan Goldstein is an Independent Director of the Company. Mr. Goldstein is the Chairman of SpringHarbor Holding Company LLC, a financial services adviser and investor, and a Senior Advisor at Hellman Friedman LLC, a private equity firm. He was the Chief Executive Officer of SpringHarbor Financial Group LLC from December 2016 through 2018. Mr. Goldstein was a Managing Director at Hellman Friedman from 2011 to 2016 and was previously at the firm from 2004 to 2009. He was Under Secretary of the Treasury for Domestic Finance and Counselor to the Secretary of the Treasury from 2009 to 2011. Mr. Goldstein has served as a director of the company since 2014. Mr. Goldstein worked at James D. Wolfensohn Inc. and successor firms for 15 years. When Wolfensohn Co. was purchased by Bankers Trust in 1996, he served as cochairman of BT Wolfensohn and as a member of Bankers Trusts management committee. In 1999, Mr. Goldstein became a managing director of the World Bank. He also served as its Chief Financial Officer beginning in 2003. In July of 2009, President Barack Obama nominated Mr. Goldstein to be Under Secretary of the Treasury for Domestic Finance. In July 2011, Secretary of the Treasury Timothy F. Geithner awarded Mr. Goldstein with the Alexander Hamilton award, the highest honor for a presidential appointee. Earlier in his career Mr. Goldstein taught economics at Princeton University and worked at the Brookings Institution. Mr. Goldstein served on the boards of directors of Westfield Corporation from 2016 to 2018 and Edelman Financial Services, LLC from 2015 to 2018. Mr. Goldstein is a member of the Board of Directors of OM Delaware and on the Advisory Board of Promontory Financial Group, LLC. He also serves on the Board of Trustees of Vassar College since 2014.
| Age | 65 |
| Tenure | 10 years |
| Address | 240 Greenwich Street, New York, NY, United States, 10286 |
| Phone | 212 495 1784 |
| Web | https://www.bny.com |
Jeffrey Goldstein Latest Insider Activity
Tracking and analyzing the buying and selling activities of Jeffrey Goldstein against Bank of New York stock is an integral part of due diligence when investing in Bank of New York. Jeffrey Goldstein insider activity provides valuable insight into whether Bank of New York is net buyers or sellers over its current business cycle. Note, Bank of New York insiders must abide by specific rules, including filing SEC forms every time they buy or sell Bank of New York'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Jeffrey Goldstein over a month ago Acquisition by Jeffrey Goldstein of 626 shares of Fidelity National at 88.25 subject to Rule 16b-3 | ||
Jeffrey Goldstein over six months ago Acquisition by Jeffrey Goldstein of 775 shares of Fidelity National at 72.37 subject to Rule 16b-3 | ||
Jeffrey Goldstein over six months ago Acquisition by Jeffrey Goldstein of 680 shares of Bank of New York at 56.96 subject to Rule 16b-3 |
Bank of New York Management Efficiency
At this time, Bank of New York's Return On Tangible Assets are quite stable compared to the past year. Return On Assets is expected to rise to 0.01 this year, although the value of Return On Capital Employed will most likely fall to 0.02. At this time, Bank of New York's Total Current Liabilities is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 430.5 B this year, although the value of Non Current Liabilities Other will most likely fall to about 18.6 B. Bank of New York's management efficiency ratios could be used to measure how well Bank of New York manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
| Return On Equity | 0.0856 | ||||
| Return On Asset | 0.0086 |
Bank of New York Leadership Team
Elected by the shareholders, the Bank of New York's board of directors comprises two types of representatives: Bank of New York inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bank. The board's role is to monitor Bank of New York's management team and ensure that shareholders' interests are well served. Bank of New York's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Bank of New York's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Samuel Scott, Independent Director | ||
| James Crowley, Senior Executive Vice President, Chief Executive Officer, Pershing | ||
| Brian Ruane, Chief Executive Officer, BNY Mellon Government Securities Services Corp. and Clearance and Collateral Management | ||
| Michael Keslar, Interim Engineering | ||
| Guru Gowrappan, Independent Director | ||
| Francis Salla, Senior Executive Vice President and Chief Executive Officer of Issuer Services | ||
| Fangfang Chen, AsiaPacific Digital | ||
| Neal CFA, Global Relations | ||
| Alfred Zollar, Independent Director | ||
| Robin Vince, President, Chief Executive Officer- Elect, Vice Chairman of the Board, Chief Executive Officer of Market Infrastructure | ||
| Jennifer Morgan, Independent Director | ||
| Sandie Connor, Independent Director | ||
| Mark Musi, Chief Officer | ||
| Elizabeth Robinson, Independent Director | ||
| Edmund Kelly, Independent Director | ||
| LeighAnn Russell, Chief Engineering | ||
| James Wiener, Executive Vice President Chief Risk Officer | ||
| Marius Merz, Head Relations | ||
| Jason Vitale, Global FX | ||
| Jose Minaya, Global Wealth | ||
| Jane Mancini, Head Americas | ||
| Alejandro Perez, Chief Officer | ||
| Amy Gilliland, Independent Director | ||
| Kurtis Kurimsky, Principal Accounting Officer and Acting Controller | ||
| Daniel Tenengauzer, Head Insights | ||
| Senthil CFA, Senior Officer | ||
| Jane McCarthy, General Counsel | ||
| Emily Portney, Senior Executive Vice President and Chief Financial Officer | ||
| Catherine Keating, Senior Executive Vice President, Chief Executive Officer of Wealth Management | ||
| Jeffrey Goldstein, Independent Director | ||
| Mitchell Harris, Senior Executive Vice President and Chief Executive Officer of Investment Management | ||
| Paul Camp, Chief Executive Officer, Treasury Services | ||
| Jolen Anderson, Senior Executive Vice President and Global Head of Human Resources | ||
| John Roy, Exec Treasury | ||
| Natalie Sunderland, Global Communications | ||
| John McCarthy, Senior Executive Vice President General Counsel | ||
| Nick Thiem, Head Management | ||
| Thomas Gibbons, Vice Chairman and Chief Executive Officer of Clearing, Markets and Client Management | ||
| Frederick Terrell, Independent Director | ||
| Hani Kablawi, Senior Executive Vice President and Chairman of EMEA and Chief Executive Officer of Global Asset Servicing | ||
| Catherine JD, Senior Wealth | ||
| Ralph Izzo, Independent Director | ||
| Hanneke Smits, Senior Executive Vice President and Chief Executive Officer of Investment Management | ||
| Senthil Kumar, Senior Executive Vice President Chief Risk Officer | ||
| Linda Cook, Independent Director | ||
| Dermot McDonogh, Senior CFO | ||
| Lester Owens, Senior Executive Vice President and Head of Operations | ||
| William Daley, Vice Chairman | ||
| Bridget Engle, Senior Executive Vice President, Head of Operations and Technology | ||
| Shannon Hobbs, Senior Officer | ||
| Akash Shah, Senior Executive Vice President and Head of Global Client Management and Head of Strategy | ||
| Joseph Echevarria, Independent Non-Executive Chairman of the Board | ||
| Sandie Oconnor, Independent Director | ||
| Adam Vos, Chief Executive Officer, Markets | ||
| Michael Santomassimo, Chief Financial Officer, Senior Executive Vice President | ||
| Kevin McCarthy, Senior Counsel | ||
| Roman Regelman, Senior Executive Vice President, Chief Executive Officer of Asset Servicing and Head of Digital |
Bank Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Bank of New York a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0856 | ||||
| Return On Asset | 0.0086 | ||||
| Profit Margin | 0.20 % | ||||
| Operating Margin | 0.33 % | ||||
| Current Valuation | (31.79 B) | ||||
| Shares Outstanding | 727.08 M | ||||
| Shares Owned By Insiders | 0.18 % | ||||
| Shares Owned By Institutions | 87.71 % | ||||
| Number Of Shares Shorted | 8.04 M | ||||
| Price To Earning | 13.92 X |
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Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bank of New York. If investors know Bank will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bank of New York listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.22 | Dividend Share 1.73 | Earnings Share 4.47 | Revenue Per Share 23.65 | Quarterly Revenue Growth 0.047 |
The market value of Bank of New York is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of New York's value that differs from its market value or its book value, called intrinsic value, which is Bank of New York's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bank of New York's market value can be influenced by many factors that don't directly affect Bank of New York's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bank of New York's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of New York is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of New York's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.