Bank of New York Mellon Explores Potential Merger with Northern Trust
Bank of New York Mellon Explores Potential Merger with Northern Trust Bank of New York Mellon (BNY) has engaged in preliminary discussions with Northern Trust regarding a potential merger, according to reports from The Wall Street Journal. These discussions are in their early stages, and no formal offer has been made by BNY. BNY Mellon, with a market capitalization exceeding $65 billion and first-quarter 2025 revenue of $4.8 billion (a 6% year-over-year increase), and net income of $1.22 billion (a…