New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 5, 2012
08:09 EDTBKBNY Mellon says targeting $650M-$700M in pre-tax savings for 2015
Sees sees calendar year 2012 savings $240M-$260M, FY13 savings $400M-$430M, 2014 savings $535M-$575M. Says priorities include delivering consistent EPS growth and returning capital to shareholders. Says challenging operating environment persists, cites "lower for longer" macro environment, eurozone and U.S. fiscal cliff concerns. Comments from slides that will be presented at the Goldman Sachs Financial Services Conference.
News For BK From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 23, 2014
09:41 EDTBKBNY Mellon names Wiener Chief Risk Officer
BNY Mellon appointed James Wiener senior executive vice president and Chief Risk Officer for the company, effective November 24. Wiener joins BNY Mellon from Oliver Wyman Group.
October 22, 2014
06:16 EDTBKBNY Mellon's Hong Kong unit to launch wealth management strategy, FT says
Subscribe for More Information
October 20, 2014
06:33 EDTBKBNY Mellon upgraded to Neutral from Sell at Goldman
Goldman upgraded BNY Mellon to Neutral based on balanced risk/reward and progress on costs. Price target is $34.
October 17, 2014
06:36 EDTBKBNY Mellon increasing high quality liquid assets in Q4
In Q4, BNY Mellon is continuing to reduce interbank placement assets and increasing its high quality liquid assets in the securities portfolio. The anticipated revenue as a result of these tactical actions should mitigate the impact on net interest revenue as a result of the European Central Bank's reduction in their deposit rate to negative, and the resulting impact on lower reinvestment rates across the euro yield curve; as well as, prolonged low reinvestment rates in the U.S.
06:34 EDTBKBNY Mellon reports Q3 EPS 93c, consensus 61c
Reports Q3 revenue $3.78B, consensus $3.98B. Reports Q3 book value per share $30.80. Reports Q3 Tier 1 capital ratio 15.8%. Reports Q3 AUM up 7% to $28.3T.
October 16, 2014
15:26 EDTBKNotable companies reporting before tomorrow's open
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use