The Bank of New York Mellon Corporation (NYSE:BK) ranks among the biggest publicly traded asset managers. On January 14, RBC Capital boosted its price target for The Bank of New York Mellon Corporation (NYSE:BK) to $130 from $124 while keeping a Sector Perform rating on the company. According to reports, CEO Robin Vince is developing a business strategy based on three pillars: “Be More for Our Clients, Run Our Company Better, and Power Our Culture.” RBC Capital stated that the execution of this strategy ...

Core Viewpoint - The Federal Open Market Committee (FOMC) has decided to pause interest rate cuts, maintaining rates between 3.50% and 3.75%, which may benefit certain financial stocks, particularly custody banks like BNY Mellon and State Street [1][2]. Group 1: FOMC Decision and Market Expectations - The FOMC's decision to hold rates was anticipated, with expectations that rates will remain stable until at least the June 16-17 meeting [2]. - Lower interest rates typically favor technology and growth stocks, but some financial stocks, particularly custody banks, may prefer rates to remain steady or even increase [2]. Group 2: Custody Banks Overview - BNY Mellon and State Street are leading custody banks, managing significant assets: BNY Mellon oversees $59.3 trillion, while State Street manages $53.8 trillion [4]. - These banks primarily generate revenue from servicing fees, with BNY Mellon earning approximately 70% of its $5.2 billion in fees and State Street about 75% of its $3.7 billion in fees in the fourth quarter [5]. Group 3: Revenue Sources and Interest Income - A portion of revenue for both banks comes from net interest income, with BNY Mellon earning around $1.35 billion and State Street $802 million last quarter [6]. - Higher interest rates lead to increased net interest margins for these banks, making them less sensitive to interest rate changes and competition, thus viewed as stable investments in a high-rate environment [7]. Group 4: Stock Performance and Analyst Ratings - Following the FOMC decision, State Street's stock rose approximately 2.5% to around $131 per share, while BNY Mellon's shares increased about 2% to $121 per share [8]. - Analysts consider both stocks as buys, with State Street having a median price target of $145 per share (11% upside) and BNY Mellon at $136 per share (13% return) [9].

NEW YORK and GROVE, England, Jan. 30, 2026 /PRNewswire/ -- BNY (NYSE: BK), a global financial services company, and Atlassian Williams F1 Team today announce a long-term partnership, bringing together two global brands anchored in heritage, a focus on performance, and a shared drive for innovation. BNY operates at the heart of the world's capital markets, helping organisations invest, trade and transact in over 100 markets globally. Through this initiative, BNY joins Williams as a partner, supporting one of ...

You go over there, and you come over here. Two of Wall Street’s heavy hitters have done a bit of reorganizing in their wealth and asset management units. Goldman Sachs added seven leaders from its wealth and asset business to the company’s management committee, the firm’s top decision-making panel, according to a statement. Meanwhile, BNY announced earlier this week that it would promote multiple executives to accelerate growth in its wealth unit. The moves elevate the wealth and asset management busine ...

Investors interested in Banks - Major Regional stocks are likely familiar with Fifth Third Bancorp (FITB) and The Bank of New York Mellon Corporation (BK) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank favors s ...

The Bank of New York Mellon Corporation (NYSE:BK) is one of the 11 Most Profitable Cheap Stocks to Invest In Now. On January 14, Keefe, Bruyette & Woods increased its price target on The Bank of New York Mellon Corporation (NYSE:BK) from $132 to $143 and kept its Outperform rating. The research firm highlighted The Bank of New York Mellon Corporation’s (NYSE:BK) strong performance in its recent quarter and pointed to the new medium-term profitability targets. These include a pre-tax margin of 38% or more ...

BNY has announced a realignment of its top management, making several appointments aimed at integrating its wealth solutions and managed accounts services more closely. Adam Vos will transition to the role of global head of Wealth Solutions, while Jim Crowley will move into the position of executive vice chair. Laide Majiyagbe has been appointed global head of Markets and will join the executive committee. Vos currently oversees global markets and is a member of the company’s executive committee. Vos’ ...

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. BNY is rearranging its wealth solutions leadership and combining BNY Pershing, the bank’s clearing and custody provider, with BNY Archer Managed Account Solutions. Current BNY Global Head of Markets Adam Vos will take the newly-created role of global head of wealth solutions. According to BNY, Vos will oversee BNY Pershing (including the firm’s Wove platform), as well as Archer Managed Account Sol ...

These changes will help support BNY's ambitions in the Wealth Solutions business by combining the power of BNY Pershing, including the Wove platform, and BNY Archer Managed Account Solutions.  NEW YORK, Jan. 27, 2026 /PRNewswire/ -- BNY (NYSE: BK) today announced changes to its executive leadership team to further align its businesses and advance its ambitions in the wealth solutions and managed accounts ecosystem, strengthening its ability to support advisors and institutions with more integrated capabili ...

On January 26, Yahoo Finance reported that Wall Street strategists are telling investors to focus on earnings growth to drive the stock market higher in 2026. Richard Saperstein, chief investment officer at Treasury Partners, said that “we’ve got an excellent backdrop for earnings growth,” while noting that inflation is easing and the economy continues to add jobs.Analysts expect solid results from the S&P 500 this earnings season. According to Bloomberg data, the S&P 500 is forecasted to post profit growth ...