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BNY Q3 profit rises
BNY becomes first bank in history with $50 trillion in assets under custody and administration on the way to a record quarter
It took BNY 240 years to pass $50 trillion in assets under custody and administration, reaching 52.1 trillion as of September 30, according to it’s quarterly report out today, and by doing so became the first bank to cross the milestone.
BNY Q3 profit rises as assets under custody and administration top $50 trillion
BNY's profit jumped 16% in the third quarter on higher investment services fees as assets under its custody and administration exceeded the $50 trillion mark for the first time, the world's largest custodian bank said on Friday.
BNY Surpasses Q3 Profit Estimates as Assets Under Custody Exceed $50 Trillion Mark
BNY Mellon beat third-quarter profit estimates, driven by assets under custody and administration surpassing $50 trillion for the first time. The market rally and new client acquisitions boosted investment services fees,
BNY Q3 Earnings: Fee Income Soars 5%, Setting New $50T Record In Assets Under Custody
The Bank Of New York Mellon Corporation (NYSE:BK) shares are trading higher in the premarket session on Friday after its third-quarter results. The finance behemoth reported third-quarter adjusted earnings per share of $1.
BNY Q3 earnings top consensus as fee revenue, net interest income climb
Bank of New York Mellon (BK), also known as BNY, turned Q3 earnings that topped the Wall Street consensus as fee revenue climbed 5% Y/Y and net interest income rose 3% Y/Y..
BNY Surpasses $50 Trillion in Assets, Beats Profit Estimates
BNY Mellon exceeded third-quarter profit expectations, driven by record-high assets under custody surpassing $50 trillion. The bank's fees and net interest income boosted earnings amidst a favorable market rally and economic resilience.
BNY Beats Q3 Profit Estimates as Assets Under Custody and Administration Top $50 Trillion
(Reuters) -BNY beat third-quarter profit estimates on Friday, boosted by higher investment services fees as assets under its custody and administration exceeded the $50 trillion mark for the first time.
2d
BNY clients sell UK debt at fastest pace since mini-budget crisis, bank says
Clients at the world's biggest custodian bank, BNY, sold British government bonds in September at the fastest pace since the ...
WatersTechnology
2d
BNY doubles down on AI investments amid operating model overhaul
The bank’s CEO said he remains convinced of the potential of AI to enhance client offerings and increase the efficiency of ...
Technical
3d
‘Get out of your comfort zone’: BNY exec on how to land a promotion in a new field
Christina Mackrell, head of securities finance technology at the global firm, credits her rise to lots of studying and experience with pivots.
1d
BNY Mellon Reports Strong Growth and Strategic Expansion
An update from Bank of New York Mellon Corporation ( (BK) ) is now available. BNY Mellon Corporation showcased strong ...
2d
Ex-BNY Mellon Analyst Settles With Insurer Over Covid Disability
A Bank of New York Mellon Corp. business analyst reached a settlement with a Prudential Financial Inc. unit in his lawsuit ...
2d
on MSN
BNY CEO on earnings, commercial real estate exposure, and crypto strategy
Robin Vince, BNY CEO, joins CNBC's 'The Exchange' to discuss the bank's recent earnings, where they have exposure to ...
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