Edition:
United Kingdom

Bank of New York Mellon Corp (BK.N)

BK.N on New York Stock Exchange

47.33USD
8:13pm GMT
Change (% chg)

$-0.38 (-0.81%)
Prev Close
$47.71
Open
$47.45
Day's High
$47.68
Day's Low
$46.58
Volume
1,066,132
Avg. Vol
1,530,394
52-wk High
$58.99
52-wk Low
$45.16

Latest Key Developments (Source: Significant Developments)

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

Bank Of New York Mellon Issues $750 Mln Of Its Senior Medium-Term Notes
Monday, 30 Apr 2018 

April 30 (Reuters) - Bank of New York Mellon Corp ::BANK OF NEW YORK MELLON CORP - ISSUED $750 MILLION PRINCIPAL AMOUNT OF ITS 3.500% SENIOR MEDIUM-TERM NOTES SERIES J DUE 2023 - SEC FILING.BANK OF NEW YORK MELLON CORP - ISSUED $500 MILLION PRINCIPAL AMOUNT OF ITS 3.850% SENIOR MEDIUM-TERM NOTES SERIES J DUE 2028.  Full Article

Bny Mellon Reports First Quarter 2018 Earnings Of $1.14 Billion Or $1.10 Per Common Share
Thursday, 19 Apr 2018 

April 19 (Reuters) - Bank of New York Mellon Corp ::BNY MELLON REPORTS FIRST QUARTER 2018 EARNINGS OF $1.14 BILLION OR $1.10 PER COMMON SHARE.Q1 EARNINGS PER SHARE $1.10.Q1 EARNINGS PER SHARE VIEW $0.96 -- THOMSON REUTERS I/B/E/S.QTRLY TOTAL REVENUE OF $4.2 BILLION, INCREASED 9%.Q1 REVENUE VIEW $4.05 BILLION -- THOMSON REUTERS I/B/E/S.QUARTER-END ASSETS UNDER MANAGEMENT OF $1.9 TRILLION INCREASED 8%."STRONG EQUITY MARKETS AND HIGHER INTEREST RATES WERE IMPORTANT DRIVERS" IN QUARTER.BANK OF NEW YORK MELLON - SAW FRANCHISE GROWTH IN FOREX TRADING, TRI-PARTY REPO ACTIVITY, COLLATERAL MANAGEMENT, SECURITIES LENDING, LIQUIDITY SERVICES IN QUARTER."OUR ASSETS UNDER MANAGEMENT SAW SOLID INFLOWS IN ACTIVELY MANAGED STRATEGIES".QTRLY NET INTEREST REVENUE $919 MILLION VERSUS $792 MILLION.  Full Article

Steven Black Elected To BNY Mellon Board Of Directors
Wednesday, 11 Apr 2018 

April 11 (Reuters) - Bank of New York Mellon Corp ::STEVEN D. BLACK ELECTED TO BNY MELLON BOARD OF DIRECTORS.BANK OF NEW YORK MELLON - WITH ADDITION OF BLACK, BOARD WILL HAVE 12 DIRECTORS .  Full Article

BNY Mellon Reports Q4 Earnings Of $1.08 Per Share
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Bank Of New York Mellon Corp ::BNY MELLON REPORTS FOURTH QUARTER EARNINGS OF $1.13 BILLION OR $1.08 PER COMMON SHARE.Q4 EARNINGS PER SHARE $1.08.Q4 EARNINGS PER SHARE VIEW $0.90 -- THOMSON REUTERS I/B/E/S.IN QUARTER, U.S. TAX LEGISLATION ESTIMATED NET BENEFIT OF $427 MILLION, OR $0.41 PER COMMON SHARE.QTRLY SEVERANCE, LITIGATION AND OTHER CHARGES OF $246 MILLION, OR $0.24 PER COMMON SHARE ‍​.QTRLY TOTAL REVENUE OF $3.7 BILLION, DECREASED 2 PCT.QTRLY PROVISION FOR CREDIT LOSSES WAS A CREDIT OF $6 MILLION‍​.RETURNED NEARLY $900 MILLION THROUGH SHARE REPURCHASES AND DIVIDENDS AND $3.6 BILLION IN FULL-YEAR 2017.QTRLY TOTAL NON-GAAP REVENUE $‍​3,719 MILLION VERSUS. $3,786 MILLION.QTRLY NET INTEREST REVENUE $‍​851 MILLION VERSUS $831 MILLION.AT QUARTER-END AUM OF $1.9 TRILLION INCREASED 15 PCT .Q4 RESULTS "FAVORABLY IMPACTED BY STRONG EQUITY MARKETS AND UNDERLYING BUSINESSES CONTINUED TO SHOW MODEST GROWTH IN REVENUES AND PROFITS".QTRLY NET LONG-TERM INFLOWS OF $16 BILLION.QTRLY NET SHORT-TERM OUTFLOWS OF $4 BILLION.Q4 REVENUE VIEW $4.00 BILLION -- THOMSON REUTERS I/B/E/S.QTRLY REVENUE INCLUDES $320 MILLION NEGATIVE IMPACT RELATED TO U.S. TAX LEGISLATION AND OTHER CHARGES, WHICH DECREASED TOTAL REVENUE GROWTH BY 8 PCT.EFFECTIVE TAX RATE FOR 2018 IS EXPECTED TO BE ABOUT 21 PCT‍​.  Full Article

Two Sigma Ventures backs cryptocurrency security startup Trustology

NEW YORK, Dec 6 The venture capital arm of quantitative hedge fund manager Two Sigma has backed Trustology, a young company that develops technology to help investors safeguard digital assets such as cryptocurrencies, the companies said on Thursday.