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Bank of New York Mellon Corp (BK.N)

BK.N on New York Stock Exchange

44.38USD
17 Oct 2019
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Wed, Oct 16 2019

UPDATE 1-BNY Mellon beats profit estimates on cost controls

Oct 16 Bank of New York Mellon Corp reported a better-than-expected quarterly profit on Wednesday, as the world's largest custodian bank cut costs to counter weakness in its investment management business and lower interest rates.

BNY Mellon profit falls 7% on lower fees

Oct 16 Bank of New York Mellon Corp reported a 7% fall in quarterly profit on Wednesday, as the world's largest custodian bank earned lower fees and took a hit from a drop in interest rates.

Wells Fargo taps one-time Dimon protégé Scharf to lead turnaround

After a difficult, months-long search for a new chief executive, scandal-plagued Wells Fargo & Co named as its next leader Charles Scharf, a one-time Jamie Dimon protégé known on Wall Street as a detail-oriented number cruncher who excels in streamlining operations. Scharf, 54, who joins the fourth-largest U.S. bank next month, has been the CEO of Bank of New York Mellon and Visa Inc .

REFILE-BRIEF-Bank Of New York Mellon Lost VanEck Associates As Client Of Its Servicing Business For Exchange-Traded Funds To State Street Corp - WSJ

* BANK OF NEW YORK MELLON CORP LOST VANECK ASSOCIATES AS A CLIENT OF ITS SERVICING BUSINESS FOR EXCHANGE-TRADED FUNDS TO RIVAL STATE STREET CORP - WSJ Source text : https://on.wsj.com/2HmPyPM Further company coverage:

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