Bank of New York Mellon Stock News

NEW YORK , Nov. 1, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced the successful closing of its acquisition of Archer Holdco, LLC ("Archer"), a leading technology-enabled service provider of managed account solutions to the asset and wealth management industry. The entry into the definitive agreement to acqui...

The Bank of New York Mellon Corporation (NYSE:BK ) Q3 2024 Earnings Conference Call October 11, 2024 11:00 AM ET Company Participants Marius Merz - Head, Investor Relations Robin Vince - President & Chief Executive Officer Dermot McDonogh - Chief Financial Officer Conference Call Participants Brennan Hawken - UBS Mike Mayo - Wells Fargo Brian Bedell - Deutsche Bank Alex Blostein - Goldman Sachs...

BNY is looking to add managed accounts and alternative and private market investment products as it looks to continue growing.

Clients at the world's biggest custodian bank, BNY, sold British government bonds in September at the fastest pace since the gilts crisis in 2022, in a potential sign of investor nerves ahead of the new Labour government's budget later this month.

NEW YORK , Oct. 11, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that its Board of Directors declared dividends on its common and preferred stock as follows: Common – a quarterly common stock dividend of $0.47 per share, payable on November 1, 2024 to shareholders of record as of the close of business on Oc...

NEW YORK , Oct. 11, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, has reported financial results for the third quarter 2024. The company's earnings release along with the quarterly financial highlights and other earnings-related documents are available at www.bny.com/investorrelations.

NEW YORK--(BUSINESS WIRE)--BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (the "Fund") today announced that the Fund's Board of Directors has approved the Fund's quarterly tender offer (the "Tender Offer") with the following terms:   Number of Shares 2.5% of the Fund's outstanding shares as of September 30, 2024 Commencement Date October 16, 2024 Expiration Date and Time November 1...

Shares of Bank of New York Mellon have surged 75% in the past year, driven by a high-rate environment and strong equity markets. Despite solid Q2 results and strong expense discipline, BK's valuation appears expensive versus peers, raising concerns about further multiple expansion. Key focus areas for Q3 earnings include margin expansion, deposit cost trends, investment management strategy, and...