Bank of New York Mellon Stock News

Large caps tend to outperform small caps as year's end approaches.

The bank posted second-quarte net income of $1.7 billion, or $2.45 a share, up from $1.39 billion, or $1.93 a share, in the same quarter a year earlier.

BNY raised its 2026 revenue forecast above Wall Street expectations on Wednesday after posting record second-quarter revenue, driven by higher ​interest income, fees and rising equity markets that boosted the value of client assets.

US banks could deliver broad earnings beats as strong capital markets activity, resilient economic conditions and improving wealth management flows support second-half 2026 and fiscal 2027 earnings revisions, Bank of America analysts wrote in a note ahead of the sector's upcoming earnings reports. The firm wrote that it expects all eight major banks it covers, including JPMorgan Chase & Co (NYS...

Stresses in private credit are spilling into adjacent private equity markets. Swiss asset manager Partners Group capped redemptions this week, signalling the volatility ​in private credit, which typically issues the loans that finance private ‌equity investments, is spreading.

Private credit's rapid expansion is losing momentum, with U.S.-focused direct lending issuance slowing in recent months and fundraising still below its recent peak, industry data shows.

TORONTO, June 04, 2026 (GLOBE NEWSWIRE) -- Canadian Banc Corp. (the “Company”) is pleased to announce it has completed the overnight offering of Preferred Shares (TSX: BK.PR.A) of the Company. Total gross proceeds of the offering were $103.3 million.

A new Trump Accounts app built by Bank of New York Mellon and Robinhood will help parents manage investment accounts for eligible children.