BNY Considers Merger with Northern Trust Amid Financial Landscape Shifts
16 Articles
16 Articles
Northern Trust insists it will ‘remain independent’ following reports of possible BNY Mellon merger
Shares in Northern Trust surged as much as 7pc on Monday after a Wall Street Journal report said Bank of New York Mellon (BNY Mellon) had approached the asset and wealth manager regarding a potential takeover.
Northern Trust Merger Report; Exxon Higher; Hims & Hers Slides - Stock Movers
On this episode of Stock Movers: Northern Trust (NTRS) shares are higher this morning on a WSJ report that Bank of New York Mellon approached it to express interest in a possible merger, which would be a megadeal for the US financial services industry. A tie-up would bring together two of the largest custodian banks in the world, with a combined entity's scale that would help it compete with global asset managers like BlackRock Inc. and Vanguard…
BNY Considers Merger with Northern Trust Amid Financial Landscape Shifts
BNY Considers Merger with Northern Trust Amid Financial Landscape Shifts Bank of New York Mellon Corp (BNY) has shown interest in merging with Northern Trust, as reported by the Wall Street Journal. The two financial giants engaged in preliminary discussions last week, although no formal offer has been made, people familiar with the situation disclosed.The potential merger comes as BNY continues to expand its global footprint, notably gaining ap…
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