BK has been in the news 450% more than usual
Jun 23, 2025, 2:31 PM
10.05%
What does BK do
The Bank of New York Mellon, headquartered in New York City, provides financial services with 53,400 employees and operates in three segments: Securities Services, Market and Wealth Services, and Investment Management. It went public on July 2, 2007, and includes banking subsidiaries focused on asset servicing and wealth management.
BK has been in the news recently: Bank of New York Mellon Corp. showed interest in merging with Northern Trust, which has a market capitalization of $21.76 billion, but no formal offer was made. Following the merger speculation, Northern Trust's shares increased by over 6%, although a deal remains uncertain.
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