BNY Mellon Continues to Lose AUM
Posted on 10/17/2022
The Bank of New York Mellon Corporation (BNY Mellon) (NYSE: BK) reported its third quarter 2022 figures. BNY Mellon’s assets under management fell to US$ 1.776 trillion, a decrease of 23% year-over-year, primarily reflecting lower market values and the unfavorable impact of a stronger U.S. dollar, partially offset by net inflows.
