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BNY Mellon posts record assets under administration

By Josh White

Date: Friday 11 Oct 2024

(Sharecast News) - BNY Mellon reported a strong set of third-quarter results on Friday, surpassing profit estimates as assets under custody and administration reached a record $52.1trn.
The bank said it benefitted from higher investment services fees, driven by a rise in global asset values and new client acquisitions.

Total...

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