BNY Mellon sees 3-5 percent drop in second-quarter net interest revenue, from first quarter

April 17, 2019 admin Business News Comments Off on BNY Mellon sees 3-5 percent drop in second-quarter net interest revenue, from first quarter

Bank of New York Mellon Corp said it expects net interest revenue to fall between 3 and 5 percent in the second quarter, compared with the first, mostly due to higher interest paid on deposits.

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Source:: Reuters – Business News