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ID: 34067
Title: Bank of New York profit tops forecast as fees rise (Reuters)
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A Bank of New York flag flies next to an American flag in New York in a file photo. The company, which is buying Mellon Financial Corp., said on Wednesday that first-quarter profit rose 3 percent, helped by growth in its main business of securities servicing. (Peter Morgan/Reuters)Reuters - Bank of New York Co. , which is buying Mellon Financial Corp. , said on Wednesday that first-quarter profit rose 3 percent, helped by higher fees from holding securities and processing trades for institutional investors.
Category: Business/Company Earnings/
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Date Added: April 18, 2007 02:08:13 PM
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