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By Joyce Hanson, AdvisorOne |
October 19, 2011
Pershing Advisor Services, the RIA custody and BD clearing business of Bank of New York Mellon, outperformed its parent in Q3 2011, reporting a year-over-year rise in profits of 17.9% versus profits of just 4.7% for the larger bank.
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By James J. Green, AdvisorOne, Marlene Y. Satter, AdvisorOne |
September 1, 2011
Long-time veteran will succeed Kelly following management differences with board
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By Joyce Hanson, AdvisorOne |
October 19, 2010
Bank of New York Mellon Corp. reported third-quarter 2010 profits of $625 million, or $0.51 per common share, compared with a loss of $2.44 billion, or $2.04, in Q3 2009.
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By Janet Levaux, AdvisorOne |
July 20, 2010
The Bank of New York Mellon reported on July 20, quarterly income from continuing operations of $668 million, or $0.55 per share, compared with $267 million, or $0.23 per share, in the second quarter of 2009.