21.07.2015 - Bank of New York Mellon has shown reliable results for the 2nd quarter
Bank of New York Mellon reported a profit for the 2nd quarter of this year. It is worth recalling that in May, the bank agreed to pay $ 180 million on the claim that is associated with the operations of foreign exchange. As a result, profit for the quarter totaled 853 million dollars against 577 million dollars during the same period of the last year. Revenue rose by 3.8% to 3.89 billion dollars. Assets under management for the year increased by 5.4% to 1.72 trillion dollars. We expect the growth of bank shares by 15-17% per annum in the medium term.