UPDATE 2-BNY Mellon profit falls short on lower interest rates
Bank of New York Mellon Corp
missed analysts’ estimates for quarterly profit on Thursday, as
the world’s largest custodian bank earned less from its
interest-earning assets due to rate cuts by the Federal Reserve.
missed analysts’ estimates for quarterly profit on Thursday, as
the world’s largest custodian bank earned less from its
interest-earning assets due to rate cuts by the Federal Reserve.
Posted by Reuters
