Bank of New York Mellon Corp. provided additional strength to financial stocks as the firm posted record 2024 revenue of $18.6 billion and delivered better-than-expected fourth-quarter results. "We enter 2025 with strong momentum,

In a testament to its commitment to transformation and growth, BNY (the Bank of New York) has wrapped up 2024 with an impressive set of achievements. On the company's latest conference call, President and Chief Executive Officer Robin Vince outlined the key highlights from Q4,

Morgan Stanley (MS) and Bank of America (BAC) are scheduled to announce quarterly results on July 16. What to watch for:Stay Ahead of the

JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.

Bank of New York Mellon (BK) shares surged 5.5% after reporting strong Q4 results with record net income and revenue, beating analyst estimates.

BNY's investment and wealth management unit reported $2 trillion in assets under management as of Dec. 31, up 3% year-over-year but down 5% from the previous quarter. The year-over-year increase primarily reflected “higher market values, partially offset by the unfavorable impact of a stronger U.S. dollar,” according to a Jan. 15 earnings release.

Investors in bank stocks keep getting rewarded. For now. Big banks reported strong fourth-quarter and full-year financial results on Wednesday. The KBW Nasdaq Bank Index saw its largest gain since the day after the presidential election.

Fox Rothschild says new hire is experienced in designing efficient strategies for defending high-volume, high-stakes business litigation

(Reuters) -U.S. Bancorp announced on Tuesday that President Gunjan Kedia will become its chief executive, effective April 15, becoming the first woman in the bank's history to take up the role. Kedia joins only a handful of female CEOs in the finance sector, with Jane Fraser at the helm of Citigroup (NYSE: C ), one of the largest banks in the U.S.

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J.B. Hunt, a leading logistics company, has reported its fourth-quarter 2024 earnings, highlighting the challenges faced by the industry amidst a freight recession. According to Shelley Simpson, President and CEO of J.

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