BNY Mellon Acquires PNC Unit « Zacks Investment Research »

Posted in Forex trading @ Mon, 08 Feb 2010 00:06:07 +0100

Bank of New York Mellon Corp. (BK) announced on Tuesday that it is in the process of buying the global investment servicing unit of PNC Financial Services Group Inc. (PNC) for $2.31 billion.   On completion, the deal will help BNY Mellon become the second-largest provider of fund accounting, administration and transfer agency services by adding $855 ...

Original article: BNY Mellon Acquires PNC Unit « Zacks Investment Research »