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BANK OF NEW YORK MELLON CORPORATION (THE)

(BK)
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The Bank of New York Mellon Corporation Appoints Akash Shah as its First Chief Growth Officer

07/21/2021 | 10:30am EDT

The Bank of New York Mellon Corporation announced that Akash Shah has been appointed Chief Growth Officer, effective immediately. This newly created role will oversee Strategy, Marketing & Communications, and Global Client Management. Mr. Shah, who previously held the title of Senior Executive Vice President, Head of Strategy and Global Client Management, will continue to report to Todd Gibbons, CEO of BNY Mellon. Mr. Shah joined the company as Head of Strategy in July 2018 and has assumed increasing responsibility during the last three years, including oversight of Marketing & Communications and Global Client Management. Prior to joining BNY Mellon, he was a partner at McKinsey & Company, advising leading financial institutions in the U.S., Europe and Asia, as well as co-leading McKinsey's Capital Markets & Investment Banking practice. Mr. Shah is on the board of the literary journal, The Paris Review.


ę S&P Capital IQ 2021
All news about BANK OF NEW YORK MELLON CORPORATION (THE)
09/21AMA Group Files for Singapore Listing of $36 Million Bonds
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09/16BANK OF NEW YORK MELLON : Citigroup Adjusts Bank of New York Mellon's Price Target to $60 ..
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09/15GENERAL ANNOUNCEMENT : :Cash Dividend
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09/15The Bank of New York Mellon Corporation, Citi and Verizon Launch Real-Time Bill Pay for..
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09/15CASH DIVIDEND/ DISTRIBUTION : :Mandatory
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09/07BNY Mellon Appoints Winnie Chen as Head of Treasury Services for Asia Pacific
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09/07BNY MELLON : First Bank to Add Agency MBS Cleared Repo to Sponsored Member Program
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09/07State Street to buy Brown Brothers unit for $3.5 bln to expand custodian operations
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09/06GENERAL ANNOUNCEMENT : :Toyota Motor Corporation - Ratio Change
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09/01CASH DIVIDEND/ DISTRIBUTION : :Mandatory
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Analyst Recommendations on BANK OF NEW YORK MELLON CORPORATION (THE)
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Financials (USD)
Sales 2021 15 699 M - -
Net income 2021 3 522 M - -
Net Debt 2021 35 085 M - -
P/E ratio 2021 12,0x
Yield 2021 2,64%
Capitalization 42 554 M 42 554 M -
EV / Sales 2021 4,95x
EV / Sales 2022 4,83x
Nbr of Employees 48 800
Free-Float 62,0%
Chart BANK OF NEW YORK MELLON CORPORATION (THE)
Duration : Period :
Bank of New York Mellon Corporation (The) Technical Analysis Chart | BK | US0640581007 | MarketScreener
Technical analysis trends BANK OF NEW YORK MELLON CORPORATION (THE)
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Last Close Price 49,30 $
Average target price 56,41 $
Spread / Average Target 14,4%
EPS Revisions
Managers and Directors
Thomas P. Gibbons Chief Executive Officer & Director
Emily H. Portney Chief Financial Officer
Joseph J. Echevarria Non-Executive Chairman
Bridget E. Engle Chief Operations & Technology Officer
James S. Wiener Chief Investment Officer & Senior Vice President
Sector and Competitors