Despite reports that BNY and Goldman had approached Northern Trust, CEO Mike O’Grady told analysts that independence will ...

"During my tenure as CEO, we have never entertained discussions regarding the sale of the company with any financial ...

CEO that a potential purchase of Northern Trust (NASDAQ:NTRS) would violate antitrust laws and threaten financial stability. ...

Senator Elizabeth Warren has warned BNY that its reported interest in a merger with Northern Trust could violate federal banking laws, saying any potential deal between the two large custody banks ...

For one, Goldman CEO David Solomon doesn’t like overpaying, which is exactly what he’d have to do at this point to get ...

Chicago bank CEO says committed to remaining independent, second-quarter earnings show bank remains on right track ...

Bank of New York Mellon is open to acquisitions if the right opportunity arises, but is focused on executing its current strategy, says CEO Robin Vince. Vince, who was responding to an analyst ...

Robin Vince talks M&A amid reports that his firm approached Northern. Why banks for the ultrarich are tough acquisition ...

Why It matters: With Northern Trust’s $22 billion market cap roughly a third of BNY’s $66 billion market cap, before factoring in any premium, the deal would be substantial for BNY.

A potential Bank of New York Mellon-Northern Trust merger offers strong cost and revenue synergies, especially in wealth management and expense controls, but faces significant regulatory hurdles ...

Northern Trust has a market value of more than $23 billion following its share gains while BNY’s is roughly $63 billion. Both firms offer services including custody of client assets, wealth and ...

CEO Robin Vince refused to comment on "rumors or speculation" about a potential merger between the custody banking giant and its smaller rival, Northern Trust. He also said that the bar for BNY to ...