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Bank of New York Mellon Corp (BK.N)

BK.N on New York Stock Exchange

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Wed, Apr 17 2019

UPDATE 2-BNY Mellon expects net interest revenue to drop again, shares slide

April 17 Bank of New York Mellon Corp said on Wednesday it expects net interest revenue to decline again in the current quarter as the world's largest custodian bank pays higher interest rates to attract deposits, sending its shares down 9 percent.

BNY Mellon sees 3-5 pct drop in Q2 net interest revenue, from Q1

April 17 Bank of New York Mellon Corp said it expects net interest revenue to fall between 3 and 5 percent in the second quarter, compared with the first, mostly due to higher interest paid on deposits.

BNY Mellon profit falls 20 pct on lower fee revenue

April 17 Bank of New York Mellon Corp reported a 20 percent fall in quarterly profit on Wednesday, as the world's largest custodian bank's fee revenue declined.

BNY Mellon puts brakes on changes in work-from-home rules for staff

March 7 Bank of New York Mellon Corp backed away on Thursday from changing rules relating to its staff working from home, after a call to reevaluate the option invited severe criticism from employees.

UPDATE 2-BNY Mellon profit beats estimates on higher fees, shares up

Jan 16 Bank of New York Mellon Corp beat Wall Street estimates for fourth-quarter profit on Wednesday, as it earned more in fees from servicing assets that clients keep with the bank and kept a tight lid on expenses.

BNY Mellon quarterly profit falls 26 percent

Jan 16 Bank of New York Mellon Corp on Wednesday reported a 26 percent fall in fourth-quarter profit from last year when it benefited from a one-time gain due to a change in U.S. tax laws.

BNY Mellon to pay more than $54 mln for improper handling of ADRs- SEC

WASHINGTON, Dec 17 The top U.S. securities regulator on Monday said that Bank of New York Mellon will pay more than $54 million to settle charges of improper handling of "pre-released" American Depositary Receipts, U.S. securities representing foreign shares of a foreign company.

Sterling may fall to $1.10 if Britain fails to clinch Brexit deal - BNY Mellon

LONDON, Nov 20 The British pound could rapidly slide to $1.10 if the United Kingdom crashes out of the European Union without a Brexit withdrawal arrangement, BNY Mellon's chief currencies strategist said on Tuesday.

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