score:-23
Chances:
- BNY Mellon launches an open banking payments solution, Bankify, indicating a move towards modern banking technology.
- BNY Mellon appoints Sinead Colton-Grant as Chief Investment Officer, showcasing strategic leadership changes.
- BNY Mellon joins the FedNow® Service, advancing the U.S. payment system, which could lead to new opportunities.
Risks:
- Brazilian postal workers seek $2 billion in lost pension funds from BNY Mellon, potentially resulting in legal and financial challenges.
- Moody’s downgrades regional banks, impacting the overall banking sector, including BNY Mellon.
- BNY Mellon faces a lawsuit from Commerzbank, even though most of the claims have been dismissed, legal proceedings can be a risk.
Score:-23
investment score = chances characters count - risks characters count
References:
- 2023-09-09 BNY Mellon (BK) Launches Open Banking Payments Solution, Bankify
- 2023-09-07 BNY Mellon Launches Bankify
- 2023-09-07 Brazilian postal workers seek $2B in lost pension funds from BNY Mellon
- 2023-09-05 BNY Mellon Announces Any and All Cash Tender Offer by its Wholly Owned Subsidiary for Certain of its Senior Notes
- 2023-08-29 BNY Mellon (BK) Wins Dismissal of Most of Commerzbank Lawsuit
- 2023-08-29 US judge tosses most of Commerzbank $1 billion mortgage lawsuit against BNY Mellon
- 2023-08-29 US judge tosses most of Commerzbank $1 bln mortgage lawsuit against BNY Mellon
- 2023-08-28 The Bank of New York Mellon Corporation (BK) Could Be a Great Choice
- 2023-08-25 Why The Bank of New York Mellon Corporation (BK) is a Top Value Stock for the Long-Term
- 2023-08-15 BNY Mellon Wealth Management Appoints Sinead Colton-Grant as Chief Investment Officer