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Bank of New York Mellon Corp (BK.N)

BK.N on New York Stock Exchange

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15 Feb 2019
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Latest Key Developments (Source: Significant Developments)

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 

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

BNY Mellon Reports Q4 2018 EPS $0.84
Wednesday, 16 Jan 2019 

Jan 16 (Reuters) - Bank of New York Mellon Corp ::BNY MELLON REPORTS FOURTH QUARTER 2018 EARNINGS OF $832 MILLION OR $0.84 PER COMMON SHARE.Q4 EARNINGS PER SHARE $0.84.Q4 EARNINGS PER SHARE ESTIMATE $0.92 -- REFINITIV IBES DATA.AT QUARTER-END, AUC/A OF $33.1 TRILLION, DECREASED 1%.QTRLY TOTAL REVENUE OF $4.0 BILLION, INCREASED 7%; DECREASED 1% EXCLUDING NOTABLE ITEMS.AT QUARTER-END, AUM OF $1.7 TRILLION DECREASED 9%.QTRLY TOTAL NONINTEREST EXPENSE OF $3.0 BILLION, DECREASED 1%.REPURCHASED 28.9 MILLION COMMON SHARES FOR $1.37 BILLION AND PAID $278 MILLION IN DIVIDENDS TO COMMON SHAREHOLDERS DURING THE QUARTER.BANK OF NEW YORK MELLON CEO SAYS "CAUTIOUS REGARDING HOW ECONOMIC AND MARKET ENVIRONMENT WILL IMPACT OUR BUSINESS IN 2019".BANK OF NEW YORK MELLON SAYS "UNDERLYING PERFORMANCE OF OUR BUSINESSES WAS MIXED AS OUR REVENUE DECLINED" IN THE QUARTER.BANK OF NEW YORK MELLON - QTRLY TOTAL FEE REVENUE $3,146 MILLION VERSUS $2,886 MILLION.BANK OF NEW YORK MELLON - QTRLY ASSET SERVICING FEES $1,126 MILLION VERSUS $1,130 MILLION.Q4 REVENUE VIEW $4.02 BILLION -- REFINITIV IBES DATA.QTRLY TOTAL NET OUTFLOWS WAS $18 BILLION VERSUS TOTAL NET INFLOWS OF $12 BILLION.QTRLY RESULTS INCLUDE IMPACT OF $155 MILLION, OR $0.16 PER SHARE, FOR SEVERANCE, REAL ESTATE & LITIGATION CHARGES.  Full Article

Bny Mellon Sets Quarterly Dividend Of $0.28 Per Share
Wednesday, 16 Jan 2019 

Jan 16 (Reuters) - Bank of New York Mellon Corp ::SETS QUARTERLY DIVIDEND OF $0.28PER SHARE.  Full Article

Bank Of New York Mellon Corp files for potential mixed shelf offering size not disclosed - SEC Filing
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - Bank of New York Mellon Corp ::BANK OF NEW YORK MELLON CORP FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.  Full Article

SQM Frontier Management Selects BNY Mellon To Provide Custody Services
Tuesday, 27 Nov 2018 

Nov 27 (Reuters) - Bank of New York Mellon Corp ::SQM FRONTIER MANAGEMENT SELECTS BNY MELLON TO PROVIDE CUSTODY SERVICES.BNY MELLON SAYS IT HAS BEEN CHOSEN BY SQM FRONTIER MANAGEMENT TO BE ITS SOLE PROVIDER OF PRIME CUSTODY AND FX SERVICES.  Full Article

BNY Mellon Investment Management Appoints Shamik Dhar As Chief Economist
Monday, 10 Sep 2018 

Sept 10 (Reuters) - Bank of New York Mellon Corp ::BNY MELLON INVESTMENT MANAGEMENT - ANNOUNCED APPOINTMENT OF SHAMIK DHAR AS CHIEF ECONOMIST.  Full Article

BNY Mellon Reports Q2 Earnings Per Share $1.03
Thursday, 19 Jul 2018 

July 19 (Reuters) - Bank of New York Mellon Corp ::BNY MELLON REPORTS SECOND QUARTER 2018 EARNINGS OF $1.06 BILLION OR $1.03 PER COMMON SHARE.BNY MELLON <<>> Q2 SHR $1.03.BNY MELLON <<>> Q2 SHR VIEW $1.02 -- THOMSON REUTERS I/B/E/S.BANK OF NEW YORK MELLON CORP - QTRLY TOTAL REVENUE OF $4.1 BLN, INCREASED 5%.BANK OF NEW YORK MELLON CORP <<>> Q2 REV VIEW $4.14 BLN -- THOMSON REUTERS I/B/E/S.BANK OF NEW YORK MELLON CORP QTRLY NET INTEREST REVENUE $916 MLN VS $826 MLN REPORTED LAST YEAR.BANK OF NEW YORK MELLON - NOW AUTHORIZED TO REPURCHASE $2.4 BILLION IN SHARES BY MID-2019, INCREASED OUR COMMON DIVIDEND 17 PERCENT STARTING THIS QUARTER.BANK OF NEW YORK MELLON CORP -AT QTR-END ASSETS UNDER CUSTODY AND/OR ADMINISTRATION OF $33.6 TRILLION, UP 8%.BANK OF NEW YORK MELLON SAYS BENEFITTED FROM HIGHER INTEREST RATES AND EQUITY MARKETS IN QUARTER, ALBEIT AT "MORE MODEST" PACE THAN LAST QUARTER.BANK OF NEW YORK MELLON CORP - AT QTR-END ASSETS UNDER MANAGEMENT OF $1.8 TRILLION INCREASED 2%.BANK OF NEW YORK MELLON - CURRENCY TRANSLATION & REAL ESTATE COSTS IMPACTED EXPENSE GROWTH BY 2 PERCENT IN QUARTER.BANK OF NEW YORK MELLON CORP QTRLY PROVISION FOR CREDIT LOSSES WAS A BENEFIT OF $3 MLN.BANK OF NEW YORK MELLON - INVESTMENT MANAGEMENT GROWTH MODERATED IN QUARTER DUE TO SOME SOFTNESS ACROSS IN ASSET FLOWS.  Full Article

Bank Of New York Mellon Reports 5.03 Pct Stake In Alcentra Capital As Of July 16
Monday, 16 Jul 2018 

July 16 (Reuters) - Bank Of New York Mellon Corp ::REPORTS 5.03 PCT STAKE IN ALCENTRA CAPITAL CORP <<>> AS OF JULY 16 - SEC FILING.  Full Article

CIBC Mellon Appoints Karen Rowe As Company's New Chief Financial Officer
Wednesday, 4 Jul 2018 

July 4 (Reuters) - CIBC Mellon::CIBC MELLON - APPOINTED KAREN ROWE AS COMPANY'S NEW CHIEF FINANCIAL OFFICER.CIBC MELLON - KAREN ROWE REPLACES DUNCAN WEBB.  Full Article

BNY Mellon Announces Intention To Increase Quarterly Common Stock Dividend By 17 Percent
Thursday, 28 Jun 2018 

June 28 (Reuters) - Bank of New York Mellon Corp ::BNY MELLON ANNOUNCES INTENTION TO INCREASE QUARTERLY COMMON STOCK DIVIDEND BY 17 PERCENT TO $0.28 PER SHARE AND TO REPURCHASE UP TO $2.4 BILLION OF COMMON STOCK; FEDERAL RESERVE DOES NOT OBJECT TO 2018 CAPITAL PLAN.BNY MELLON - BOARD OF DIRECTORS HAS APPROVED REPURCHASE OF UP TO $2.4 BILLION OF ITS COMMON STOCK STARTING IN Q3 OF 2018 AND CONTINUING THROUGH Q2 OF 2019.  Full Article