Citi and State Street, two of the world’s largest custodian banks, are entering the crypto custody business. State Street is ...
State Street Corp. (STT) shares rose 0.5% on Friday and Citigroup Inc. (C) climbed 2.5% following a report from The ...
BlackRock’s custody vendors went from the vast majority State Street to roughly 40% Citi, 30% JPMorgan,15% BNY Mellon, and 15% State Street. We note that State Street’s SPDR business is a ...
In a report released today, Betsy Graseck from Morgan Stanley maintained a Buy rating on Bank of New York Mellon Corporation (BK – Research ...
Evercore ISI analyst Glenn Schorr raised the firm’s price target on BNY Mellon (BK) to $79 from $77 and keeps an In Line rating on the shares. Equity markets sold off by about 2% in December in ...
Bank of New York Mellon Corp. provided additional strength ... embedded in our company," said Chief Executive Robin Vince. BNY's stock was rallying 6.1%, outpacing the 1.4% rise by the S&P 500 ...
It was the largest U.S. transaction ever to instantly settle, following The Clearing House's new transaction ceiling that went into effect Sunday.
Non-interest expenses fell 16%. Bank of New York Mellon (BK), or BNY, shares advanced 6% Wednesday morning as the financial firm posted better-than-expected results on higher fee revenue and lower ...