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Fairmint joins more than 30 major financial institutions to create the first comprehensive bridge between traditional cap table management and institutional blockchain infrastructure Fairmint joins more than 30 major financial institutions to create the first comprehensive bridge between traditional cap table management and institutional blockchain infrastructure
The custodial banking behemoth Bank of New York Mellon (NYSE:BK) is considering a possible acquisition of Northern Trust, as reported by The Wall Street Journal. So, will a deal actually occur?
BK reaches out to NTRS about a potential merger as it pushes to expand and scale amid shifting regulatory tides.
Bank of New York Mellon (BNY) has reportedly approached Northern Trust about a merger. [contact-form-7] The deal would mark a milestone for financial services, The Wall Street Journal (WSJ) reported Sunday (June 20), combining two of the biggest asset-servicing businesses and establishing an investment-management goliath overseeing upwards of $3 trillion.
Bank of New York Mellon Corp. approached Northern Trust last week to express interest in merging with its smaller rival, the Wall Street Journal reported on Sunday. The chief executives of BNY and Northern Trust had at least one conversation, but no offer was discussed, the newspaper reported citing people familiar with the matter.
Bank of New York Mellon Corp approached Northern Trust last week to express interest in merging with its smaller rival, the Wall Street Journal reported on Sunday.
The firms' chief executives had at least one conversation.
EQT stock rallied to an all-time high Friday. And two other unrelated names hit new highs, and one is in a buy zone.
Chris Marinac, Janney Montgomery Scott, joins 'Fast Money' to talk what could be ahead for the Federal Reserve in terms of policy and who benefits in the market.
High funding costs, tariff-related uncertainty and poor asset quality will hurt the Zacks Major Regional Banks. Yet, interest rate cuts, modest loan demand and business restructuring will likely aid industry players like USB, BK, TFC & NTRS.