LONDON and NEW YORK, July 27 /PRNewswire-FirstCall/ -- BNY Mellon announced today that Mitchell Harris will be the sole head of the company's asset management business on an interim basis. Harris also continues in his role as chairman of the Fixed Income, Cash and Currency Group of BNY Mellon Asset Management. The company is currently conducting a comprehensive search for a permanent head of the asset management business, considering internal and external candidates.
BNY Mellon Reports Second Quarter Continuing EPS of $0.55 or $668 Million Vs. $0.23 or $267 Million in the Second Quarter of 2009
NEW YORK, July 20 /PRNewswire-FirstCall/ -- The Bank of New York Mellon Corporation ("BNY Mellon") (NYSE: BK) today reported second quarter income from continuing operations applicable to common shareholders of $668 million, or $0.55 per common share, compared with $267 million, or $0.23 per common share, in the second quarter of 2009 and $601 million, or $0.49 per common share, in the first quarter of 2010.
"Our focus on winning new business and providing exceptional client service resulted in solid growth in securities servicing fees and continued long-term asset inflows for our asset and wealth management businesses.
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