Monday, January 30, 2012

Bank of New York Mellon 4Q profit falls 26 pct

This Jan. 12, 2012 photo, shows the BNY Mellon Center in downtown Pittsburgh. Bank of New York Mellon Corp.'s fourth-quarter net income fell 26 percent Wednesday, Jan. 18, 2012, hurt by restructuring charges and a decline revenue stemming from less client activity and a seasonal slowdown in one of its businesses. (AP Photo/Gene J. Puskar) Bank of New York Mellon Corp.'s fourth-quarter net income fell 26 percent, hurt by restructuring charges and a decline revenue stemming from less client activity and a seasonal slowdown in one of its businesses.


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