Barclays analyst Jason Goldberg raised the firm’s price target on BNY Mellon (BK) to $104 from $102 and keeps an Overweight rating on the ...
Major U.S. indexes surged at midday Wednesday after several big banks reported strong quarterly results and a key measure of ...
The AI-agent cybersecurity startup Alterya has been bought by the blockchain giant Chainalysis for over $100 million, ...
BNY Mellon Opportunistic Muncpl Scs Fd earns an ... it mirrored the category index, Bloomberg Barclays Municipal Bond Index, over an eight-year and 10-year period. When adjusting for risk, the ...
BNY Mellon Core Plus Fund earns an Average Process ... Over the past three-year period, it trailed the category index, the Bloomberg Barclays U.S. Universal Bond Index, by an annualized 70 basis ...
Fee revenue grew 9% to $3.51 billion on higher market values and client activity, net new business, and higher foreign exchange revenue. Net interest income rose 8% to $1.19 billion, primarily because ...
Non-interest expenses fell 16%. Bank of New York Mellon (BK), or BNY, shares advanced 6% Wednesday morning as the financial firm posted better-than-expected results on higher fee revenue and lower ...
Q: Can you discuss the resilience of BNY Mellon's pre-tax margin and ROE targets for 2025? A: Dermot Mcdonogh, CFO, stated that BNY Mellon is confident in achieving its medium-term targets ...
Bank of New York Mellon Corp. provided additional strength to financial stocks as the firm posted record 2024 revenue of $18.6 billion and delivered better-than-expected fourth-quarter results. "We ...