Edition:
United States

Bank of New York Mellon Corp (BK.N)

BK.N on New York Stock Exchange

47.99USD
12:56pm EDT
Change (% chg)

$-0.48 (-0.99%)
Prev Close
$48.47
Open
$48.27
Day's High
$48.36
Day's Low
$47.78
Volume
869,208
Avg. Vol
1,482,363
52-wk High
$58.22
52-wk Low
$43.67

Latest Key Developments (Source: Significant Developments)

Bank Of New York Mellon Declared Quarterly Common Stock Dividend Of $0.28 Per Share
Wednesday, 17 Apr 2019 06:30am EDT 

April 17 (Reuters) - Bank of New York Mellon Corp ::BANK OF NEW YORK MELLON CORP - DECLARED QUARTERLY COMMON STOCK DIVIDEND OF $0.28 PER SHARE.  Full Article

BNY Mellon Reports Q1 Earnings Per Share $0.94
Wednesday, 17 Apr 2019 06:30am EDT 

April 17 (Reuters) - Bank of New York Mellon Corp ::BNY MELLON REPORTS FIRST QUARTER 2019 EARNINGS OF $910 MILLION OR $0.94 PER COMMON SHARE.Q1 EARNINGS PER SHARE $0.94.Q1 EARNINGS PER SHARE ESTIMATE $0.96 -- REFINITIV IBES DATA.QTRLY TOTAL REVENUE OF $3.9 BILLION, DECREASED 7%.QTRLY TOTAL NONINTEREST EXPENSE OF $2.7 BILLION, DECREASED 1%.QTRLY TOTAL FEE REVENUE OF $3,031 MILLION VERSUS $3,319 MILLION REPORTED LAST YEAR.SAYS "OUR PERFORMANCE THIS QUARTER WAS MIXED".AT QUARTER-END AUM OF $1.8 TRILLION, DECREASED 1%.SAYS EXPERIENCED WEAKNESS IN INVESTMENT MANAGEMENT AND NET INTEREST INCOME IN QUARTER.BANK OF NEW YORK MELLON - QTRLY DECLINES IN REVENUE DRIVEN BY CHANGING MIX AND COST OF DEPOSITS, IMPACT OF PRIOR YEAR ASSET MANAGEMENT OUTFLOWS.BANK OF NEW YORK MELLON - CURRENT EXPECTATIONS FOR YIELD CURVE WILL LIKELY NEGATIVELY IMPACT REVENUE GROWTH FOR THE NEXT SEVERAL QUARTERS.AT QUARTER-END AUC/A OF $34.5 TRILLION, INCREASED 3%.  Full Article

BNY Mellon Appoints Alina Peradze As Digital Business Development Leader
Tuesday, 9 Apr 2019 08:00am EDT 

April 9 (Reuters) - Bank of New York Mellon Corp ::BNY MELLON STRENGTHENS DIGITAL LEADERSHIP WITH THREE INDUSTRY HIRES.BNY MELLON - APPOINTED ALINA PERADZE AS DIGITAL BUSINESS DEVELOPMENT LEADER.BNY MELLON - APPOINTED JANELLE PREVOST AS CLIENT JOURNEY REIMAGINATION LEADER.BNY MELLON - APPOINTED MICHAEL DEMISSIE AS ADVANCED DIGITAL SOLUTIONS LEADER.  Full Article

BNY Mellon And Blackrock Partner To Deliver Integrated Technology And Servicing Capabilities Across The Investment Lifecycle
Wednesday, 3 Apr 2019 07:00am EDT 

April 3 (Reuters) - Bank of New York Mellon Corp ::BNY MELLON AND BLACKROCK PARTNER TO DELIVER INTEGRATED TECHNOLOGY AND SERVICING CAPABILITIES ACROSS THE INVESTMENT LIFECYCLE.BANK OF NEW YORK MELLON CORP - ALLIANCE TO DELIVER INTEGRATED DATA, TECHNOLOGY, AND ASSET MANAGEMENT SERVICING CAPABILITIES TO COMMON CLIENTS.  Full Article

Edward Garden Reports Open Market Sale Of 1,336 Common Shares Of Bank Of New York Mellon Corp On March 11 - SEC Filing
Wednesday, 13 Mar 2019 05:16pm EDT 

March 13 (Reuters) - Edward Garden::EDWARD GARDEN REPORTS OPEN MARKET SALE OF 1,336 COMMON SHARES OF BANK OF NEW YORK MELLON CORP ON MARCH 11 AT $52 APIECE - SEC FILING.EDWARD GARDEN REPORTS OPEN MARKET SALE OF 618,704 COMMON SHARES OF BANK OF NEW YORK MELLON ON MARCH 12 AT PRICES BETWEEN $52.00 TO $52.145 APIECE- SEC FILING.EDWARD GARDEN REPORTS OPEN MARKET SALE OF 171,960 COMMON SHARES OF BANK OF NEW YORK MELLON ON MARCH 13 AT PRICES BETWEEN $52.00 TO $52.385 APIECE- SEC FILING.  Full Article

Bank Of New York Mellon Corp Says CEO Charles Scharf's 2018 Total Compensation Was $9.4 Million
Friday, 8 Mar 2019 04:56pm EST 

March 8 (Reuters) - Bank of New York Mellon Corp ::BANK OF NEW YORK MELLON CORP SAYS CEO CHARLES W. SCHARF'S 2018 TOTAL COMPENSATION WAS $9.4 MILLION – SEC FILING.  Full Article

BNY Mellon Investment Management To Rebrand Dreyfus
Monday, 4 Mar 2019 08:31am EST 

March 4 (Reuters) - Bank of New York Mellon Corp ::BNY MELLON INVESTMENT MANAGEMENT TO REBRAND DREYFUS.BNY MELLON INVESTMENT MANAGEMENT SAYS BNY MELLON NAME TO REPLACE DREYFUS ON U.S. LONG-TERM MUTUAL FUNDS; MONEY MARKET FUNDS TO RETAIN DREYFUS NAME.  Full Article

Bank of New York Mellon Corp Announced Launch Of Smartpay Global, A Foreign Exchange And Multi-Currency Service
Monday, 25 Feb 2019 09:00am EST 

Feb 25 (Reuters) - Bank of New York Mellon Corp ::BNY MELLON - ANNOUNCED LAUNCH OF SMARTPAY GLOBAL, A FOREIGN EXCHANGE AND MULTI-CURRENCY SERVICE.  Full Article

Bank Of New York Mellon - On Feb 20 Mark Nordenberg Notified He Would Not Be Standing For Re-Election To Board At Upcoming Annual Meeting
Thursday, 21 Feb 2019 06:31pm EST 

Feb 21 (Reuters) - Bank of New York Mellon Corp ::BANK OF NEW YORK MELLON - ON FEB 20 MARK A. NORDENBERG NOTIFIED HE WOULD NOT BE STANDING FOR RE-ELECTION TO BOARD AT UPCOMING ANNUAL MEETING.  Full Article

Trian Fund Management LP Reports Open Market Sale Of 1.4 Mln Shares Of Bank Of New York Mellon At Average Price Of $53.64 Per Share
Tuesday, 29 Jan 2019 05:17pm EST 

Jan 29 (Reuters) - Bank of New York Mellon Corp ::TRIAN FUND MANAGEMENT LP REPORTS OPEN MARKET SALE OF 1.4 MILLION SHARES OF BANK OF NEW YORK MELLON AT AVERAGE PRICE OF $53.64PER SHARE ON JAN 25 - SEC FILING.TRIAN FUND MANAGEMENT LP REPORTS OPEN MARKET SALE OF 707,000 SHARES OF BANK OF NEW YORK MELLON AT AVERAGE PRICE OF $53.16PER SHARE ON JAN 28.  Full Article

Photo

BNY Mellon expects net interest revenue to drop again, shares slide

Bank of New York Mellon Corp said on Wednesday it expects net interest revenue to decline again in the current quarter as the world's largest custodian bank pays higher interest rates to attract deposits, sending its shares down 9 percent.