BNY Stock Soars on Higher Fee Revenue, Lower Expenses
Key Takeaways Higher fee revenue and cost reductions helped BNY's results beat analysts' estimates.Fee revenue was up 9%, and ...
Business Insider23d
Bank CEO brings back employee 2-week 'recharge period' at the end of December
The CEO of Bank of New York Mellon Corp. says it's OK to be more laid back at work during the last weeks of the year. Robin Vince, who also serves as president of BNY, announced Monday that the ...
BNY stock climbs after Q4 earnings bolstered by net interest income, fee revenue
Bank of New York Mellon (NYSE:BK) shares jumped 6.5% in Wednesday morning trading after delivering stronger-than-expected Q4 ...
S&P 500 Gains and Losses Today: Bank Earnings, Soft Inflation Help Boost Index
The S&P 500 jumped 1.8% on Wednesday, Jan. 15, as several financial firms reported solid results and a downtick in core ...
BNY quarterly profit beats estimates on higher fee income boost; shares jump
BNY beat profit estimates for the fourth quarter on Wednesday as it earned higher investment services fees from its clients, ...
Pensions&Investments12d
Insight Investment picks CEO designate as Abdallah Nauphal decides to retire
Raman Srivastava was named CEO designate of Insight Investment, succeeding long-serving CEO Abdallah Nauphal when he retires ...
Institutional Investor11d
‘Godfather of Liability-Driven Investing’ to Retire as CEO of Insight Investment
Great-West Lifeco's Raman Srivastava has been named to run the BNY-owned LDI giant when Abdallah Nauphal retires.
The Tokenist2d
BNY Mellon Corporation (NYSE: BK) Reports $1.54 EPS in Q4 2024
BNY Mellon's fourth quarter of 2024 showcased strong financial performance, with earnings per common share at $1.54.