$BNY

Goldman Sachs has restricted its 'vibe coding' approach, where non-engineers used AI to build prototypes, due to productivity and risk concerns. BNY Mellon and Deutsche Bank continue using AI tools but with controls. A PYMNTS survey found no CFOs would grant AI agents full system access, though 85% of financial firms plan to increase AI budgets. The debate centers on control and accountability over AI-generated code.

JP Morgan raised its price target for Bank of New York Mellon to $166.50, a 3.4% increase, while maintaining an Overweight rating. This implies a 13.2% upside from the Oct 30 close of $147.11. Recent analyst price targets for the bank range from $150 to $165.

BNY Mellon reported Q3 2026 revenue of $5.68B, up 11.7% YoY. Net income rose 20.1% to $1.61B, and diluted EPS increased 24.5% to $2.34. The company's performance improved across key financial metrics compared to the prior-year quarter.

Minaya Jose (Senior Executive VP) sold 3,520 shares of Bank of New York Mellon Corp (BNY) at an average of $147.81 ($147.75–$148.22, $0.52M total) across 2 trades on 2026-10-27 under a Rule 10b5-1 trading plan.

Bank of New York Mellon Corp (BNY) filed an SEC Form 8-K — Other Events. Item 3.03. Material Modification to Rights of Security Holders. Upon issuance of the Series O Noncumulative Perpetual Preferred Stock, liquidation preference $100,000 per share, par value $0.01 per share (the “Series O Preferred Stock”) by The Bank of New York Mellon Corporation

Bank of New York Mellon's CEO Vince Robin sold 50,000 shares for $7.39M at $147.81-$147.82 per share, retaining 575,794 directly and 24,833 indirectly.

Vince Robin A. (Chairman & CEO) sold 50,000 shares of Bank of New York Mellon Corp (BNY) at an average of $147.81 ($147.81–$147.82, $7.39M total) across 2 trades over 2026-10-26 to 2026-10-27.

Ripple and Bank of New York Mellon (BNY) have expanded their partnership to enhance digital asset custody and explore tokenized trade finance. The collaboration aims to broaden institutional capabilities in these areas, according to the companies.

Trading assets at the largest U.S. banks reached $3.7 trillion in Q2 2026, up 50% since 2024, according to the St. Louis Fed. These assets, including securities and derivatives, represent 20% of assets at U.S. global systemically important banks (GSIBs). The eight GSIBs include Bank of America, Citigroup, JPMorgan Chase, and others. Trading revenue was $117 billion in 2025, up from $62 billion in 2022.

BNY Mellon (BNY) plans to raise $1.25 billion through a share sale, with dividends at 7.125% through 2031 if declared. Proceeds will be used for general corporate purposes. The offering is subject to SEC filings and regulatory approvals.