BNY Q3 profit rises as assets under custody and administration top $50 trillion

BNY Q3 profit rises as assets under custody and administration top $50 trillion

BNY's profit surged 16% in Q3, surpassing $50 trillion in assets under custody. The increase was driven by higher investment fees due to a market rally and new client acquisitions. NII rose 3% while total fee revenue grew 5%.

Read More

Did you find this insightful?