New York Mellon (BNY) news

Bonds and stocks drop as Bessent relief diminishes – US market wrap

On August 20, 2026, U.S. bond and stock markets experienced renewed pressure as the initial relief from Treasury Secretary Scott Bessent’s intervention in the bond market began to wane. Earlier in the week, Bessent announced a buyback program for longer-dated Treasury securities, aiming to curb…

BNY launches global digital transfer agency capabilities

BNY has expanded its digital assets platform to include global digital transfer agency capabilities, enhancing its ability to support institutional clients in managing digital assets. This development aligns with the growing integration of digital assets into traditional financial markets and…

Bank of New York Mellon Corp: Argus Research raises target price to $180 from $153

Argus Research has raised its target price for Bank of New York Mellon Corp (BK) to $180 from $153, reflecting a more optimistic outlook on the company’s financial trajectory and operational performance. The adjustment indicates the firm’s belief in the bank’s ability to deliver improved returns…

ImportantOpenAI names David Vélez of Nubank and Robin Vince of BNY as directors - WSJ

Bank of New York Mellon Corp: Citigroup raises target price to $172 from $167

Citigroup has revised its price target for Bank of New York Mellon Corp (BK), increasing it to $172 from $167, reflecting a positive outlook on the company’s near-term prospects [1]. The adjustment follows an analysis of the firm’s recent performance and broader market conditions. The updated…