Many financial firms have so far navigated the Covid-19-induced recession without significant damage despite continued high unemployment numbers. "State Street, Bank of New York Mellon Report Declining Profit" at 8:53 a.m. ET on Oct. 16 incorrectly said they did so despite high employment numbers.

 

(END) Dow Jones Newswires

October 19, 2020 14:37 ET (18:37 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
Bank of New York Mellon (NYSE:BK)
Historical Stock Chart
From Oct 2020 to Nov 2020 Click Here for more Bank of New York Mellon Charts.
Bank of New York Mellon (NYSE:BK)
Historical Stock Chart
From Nov 2019 to Nov 2020 Click Here for more Bank of New York Mellon Charts.