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NEW YORK--(BUSINESS WIRE)--BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (the "Fund") today announced that the Fund's Board of Directors has approved the Fund's quarterly tender offer (the "Tender Offer") with the following terms: Number of Shares 2.5% of the Fund's outstanding shares as of March 31, 2025 Commencement Date April 17, 2025 Expiration Date and Time May 15, 2025 at 5:00 p.m. Eastern Time, unless otherwise extended Price Net asset value per share determined as of Mar.
Get a deeper insight into the potential performance of The Bank of New York Mellon (BK) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
BK's fee income and NII are likely to support first-quarter 2025 results. Expenses are likely to have risen amid inflationary pressures and technology upgrades.
The Bank of New York Mellon (BK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
NEW YORK , April 3, 2025 /PRNewswire/ -- Reality Defender, the RSA Innovation Sandbox-winning deepfake and AI-generated media detection platform, today announced strategic investments from BNY (NYSE: BK), Samsung Next, and Fusion Fund. These collaborations reinforce the organizations' commitment to the prevention of deepfake-enabled fraud across critical financial and communication channels.
NEW YORK, April 1, 2025 /PRNewswire/ -- As previously announced, The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, will hold the 2025 Annual Meeting of Stockholders on Tuesday, April 15, 2025, at 9:00 a.m. ET. The Notice of Annual Meeting and Proxy Statement was made available on March 5, 2025.
The Bank of New York Mellon Corporation's new preferred stock, BK-K, offers a 6.15% annual dividend, resetting every five years post-2030 based on the U.S. five-year Treasury rate plus 2.161%. BK-K is rated BBB by S&P, Baa1 by Moody's, and BBB+ by Fitch, trading at $25.67 with a current yield of 5.99% and a yield to call of 5.67%. BK has a strong history of dividend payments, with 25 years of uninterrupted distributions and a solid cushion to cover preferred dividends.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does The Bank of New York Mellon Corporation (BK) have what it takes?
U.S. Bancorp, The Bank of New York Mellon, Truist Financial and Northern Trust have been highlighted in this Industry Outlook article.
High funding costs, tariff-related uncertainty and poor asset quality will hurt the Zacks Major Regional Banks. Yet, interest rate cuts, decent loan demand and business restructuring will likely aid industry players like USB, BK, TFC & NTRS.