Wed, January 15, 2025
[ Wed, Jan 15th 2025 ]: YourTango
People Who Master These 10 Challenges Almost Always End Up In Jobs They Love
[ Wed, Jan 15th 2025 ]: Forbes
Why Digitization Will Transform The Small Business Economy Under Trump
[ Wed, Jan 15th 2025 ]: Forbes
The Future Of Finance: 2025 Is Calling
[ Wed, Jan 15th 2025 ]: Investopedia
Wondering if a College Degree Pays Off? See How It Affects Lifetime Income
[ Wed, Jan 15th 2025 ]: Newsroom
Taxing charities' business income would have 'devastating' impact on communities
[ Wed, Jan 15th 2025 ]: Forbes
Strategic Networking For CFOs In Transition
[ Wed, Jan 15th 2025 ]: NDTV
Union Budget 2025: Expectations Of Indian Startups From FM Nirmala Sitharaman
[ Wed, Jan 15th 2025 ]: Kiplinger
Citigroup Stock Jumps on Earnings, $20 Billion Stock Buyback News
[ Wed, Jan 15th 2025 ]: Stockhouse
MineHub's 2024 Annual Update and Strategic Outlook for 2025
[ Wed, Jan 15th 2025 ]: Euronews
Kazakhstan's digital economy: Fintech growth, cashless payments, and cybercrime prevention
[ Wed, Jan 15th 2025 ]: bnnbloomberg
Trudeau and the premiers meet to discuss a response to Trump's threatened tariffs
[ Wed, Jan 15th 2025 ]: MSN
JPMorgan notches another record year of profits
[ Wed, Jan 15th 2025 ]: Forbes
Unleashing Your Financial Superpowers With AI
[ Wed, Jan 15th 2025 ]: Reuters
JPMorgan posts record annual profit as dealmakers, traders ride market rebound
[ Wed, Jan 15th 2025 ]: AOL
Bitcoin and stocks have been moving in sync: Morning Brief
[ Wed, Jan 15th 2025 ]: WSPA
Upstate finance professional breaks down biggest tax changes for 2025
[ Wed, Jan 15th 2025 ]: Reuters
BNY fourth-quarter profit rises on boost from higher fee income
[ Wed, Jan 15th 2025 ]: ProPublica
Tribal Lenders Say They Can Charge Over 600% Interest. These States Stopped Them.
[ Wed, Jan 15th 2025 ]: Reuters
Developer GuocoLand secures green loans totalling $908 million
[ Wed, Jan 15th 2025 ]: MSN
Generative AI, other Kenyan business trends to note in 2025 that shaped 2024
[ Wed, Jan 15th 2025 ]: SHINE
Shanghai economy surpasses US$695.6 billion in 2024
[ Wed, Jan 15th 2025 ]: Reuters
French central bank recommends cut in popular savings account interest rate
[ Wed, Jan 15th 2025 ]: Reuters
UK banks resist mortgage rate hikes amid money market turmoil
[ Wed, Jan 15th 2025 ]: MSN
Economy May Grow 20% With Female Participation, World Bank Says
[ Wed, Jan 15th 2025 ]: MSN
Sluggish domestic demand leads to job market decline
[ Wed, Jan 15th 2025 ]: timesnownews
ITR Filing Deadline: Check Last Date To File Late ITR, Penalties And Other Details
[ Wed, Jan 15th 2025 ]: MSN
Exclusive: Brooks Macdonald makes senior layoffs
Tue, January 14, 2025
[ Tue, Jan 14th 2025 ]: Emirates247
MoHESR and DEWA join forces to align the scholarship programme with national priorities
[ Tue, Jan 14th 2025 ]: Kiplinger
How Another Trump Presidency Will Impact the Stock Market in 2025
[ Tue, Jan 14th 2025 ]: Yahoo
Company Says Its Sexy Robot "Companions" No Longer Have Genitals and Are "Not Meant for Sex"
[ Tue, Jan 14th 2025 ]: Investopedia
What's Behind Surging Business Optimism? Likely Some of Trump's Proposals
[ Tue, Jan 14th 2025 ]: MSN
UK, Iraq Strengthen ties, boost business opportunities, curb illegal migration
[ Tue, Jan 14th 2025 ]: Forbes
The Future Of Accuracy In Healthcare Is Within Reach
[ Tue, Jan 14th 2025 ]: Reuters
US and European stocks rise as bond sell-off abates, focus on inflation
[ Tue, Jan 14th 2025 ]: Reuters
Britain's Reeves pledges to stick to fiscal rules at all times
[ Tue, Jan 14th 2025 ]: MSN
Greenwich schools name new finance director and other celebrations
[ Tue, Jan 14th 2025 ]: MSN
Trump wants to 'save' TikTok. One rescuer could be Elon Musk.
[ Tue, Jan 14th 2025 ]: Reuters
JPMorgan names CEO contender Jennifer Piepszak as its operations chief
[ Tue, Jan 14th 2025 ]: MSN
Conservatives call on government to back off capital gains changes due to legislative limbo
[ Tue, Jan 14th 2025 ]: MSN
5 Cities That Are Likely To Thrive Once Trump Takes Office
[ Tue, Jan 14th 2025 ]: Firstpost
Will Union Budget 2025 deliver on financial sector reforms?
[ Tue, Jan 14th 2025 ]: Forbes
How To Prepare Financial Statements For A Future Public Company
[ Tue, Jan 14th 2025 ]: Forbes
Partnerships: How To Drive Business Success Without Draining Resources
[ Tue, Jan 14th 2025 ]: Tuko
Kenya Railways Announces Several Career Opportunities with January Deadline
[ Tue, Jan 14th 2025 ]: Forbes
Conversational AI Trends For 2025 And Beyond
[ Tue, Jan 14th 2025 ]: Kiplinger
Irrevocable Trusts: So Many Options to Lower Taxes and Protect Assets
[ Tue, Jan 14th 2025 ]: Reuters
What does Indian industry want from February's budget?
[ Tue, Jan 14th 2025 ]: ThePrint
Small Finance Banks' growth to moderate to 18-20 pc in FY2025: Report

BNY fourth-quarter profit rises on boost from higher fee income

BNY Mellon reported a rise in its fourth-quarter profit on January 15, 2025, driven by an increase in fee income, particularly from investment services and wealth management. The bank's net income applicable to common shareholders was $2.1 billion, or $2.52 per share, up from $1.3 billion, or $1.40 per share, in the same quarter of the previous year. This improvement was supported by a 10% increase in total fee and other revenue, reaching $3.2 billion, despite a slight decrease in net interest revenue. Additionally, BNY Mellon benefited from a $1.1 billion gain related to the sale of its Canadian-based asset manager, which significantly boosted its earnings. However, the bank also faced challenges such as a 1% drop in assets under management to $1.9 trillion, attributed to market depreciation and foreign exchange movements.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/bny-fourth-quarter-profit-rises-boost-higher-fee-income-2025-01-15/ ]