Investment Management & Fund Operators
Bank of New York Mellon Corp : BNY Mellon reports third quarter earnings of $974 million or $0.90 per common share . Q3 non-GAAP earnings per share $0.90 . Q3 earnings per share view $0.81 -- Thomson Reuters I/B/E/S . Q3 revenue $3.94 billion . At quarter-end, AUM of $1.72 trillion increased 6% . Net short-term outflows totaled $1 billion in 3Q16 . Net long-term inflows of $1 billion in 3Q16 . Qtrly provision for credit losses was a credit of $19 million versus provision of $1 million last year . Qtrly net interest revenue $774 million versus $759 million last year . Q3 revenue view $3.86 billion -- Thomson Reuters I/B/E/S .Total advanced common equity tier 1 capital ratio at Q3-end of 12.6 percent versus 11.7 percent at Q2-end.