Updated Sunday, July 13, 2014 as of 10:19 AM ET
- Bank Channel
BNY Mellon Profit Fell 18% in Fourth Quarter on Equity Loss
by: Charles Stein
Friday, January 17, 2014

(Bloomberg)-- Bank of New York Mellon Corp., the world’s largest custody bank, said fourth-quarter earnings fell 18% because of a loss related to an equity investment.

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