Bank of New York Mellon Profit Up
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Third-quarter profit rose 11 percent to $640 million, helped by growth in fees from asset management and providing back-office services to institutional clients.
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U.S. investment bank Lehman Brothers Holdings Inc.  on Thursday said its fiscal fourth-quarter profit rose 22 percent on increased income from mergers, offerings and trading.
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Morgan Stanley  on Wednesday said its second-quarter profit rose 40 percent, trouncing expectations as a number of trading and investment banking businesses achieved record results.
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Citigroup Inc. , the largest U.S.  bank, said on Friday that second-quarter profit rose 18  percent, helped by record revenue growth, especially outside  the United States, and tight cost controls.
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Bank of New York Mellon Corp  said on Thursday quarterly profit fell 72 percent amid disruptions from capital and credit markets, but results topped forecasts as fees from asset management and institutional clients grew at a double-digit pace.
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Chubb Corp. CB.N, a large insurer of  businesses and wealthy individuals, said on Tuesday its  quarterly earnings rose, helped by a rise in property and  casualty net premiums written.
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Citigroup Inc. C.N on Thursday said  quarterly profit rose 12 percent as consumer and investment  banking grew, but said it sees 2005 profit at the low end of  Wall Street estimates due to rising interest rates and other  factors.
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Investment bank Lehman Brothers Holdings Inc. said Wednesday fourth-quarter profit rose 22 percent on continued strength from fixed-income businesses and record investment banking revenue.
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Citigroup Inc. C.N, the world's  largest financial services company, on Thursday said  fourth-quarter profit rose, helped by growth in its consumer  business.
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Citigroup Inc. on Thursday said  quarterly profit rose 12 percent as consumer and investment  banking grew, but said it sees 2005 profit at the low end of  Wall Street estimates due to rising interest rates and other  factors.
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Citigroup Inc. , the world's largest financial services company, on Thursday said fourth-quarter profit rose, helped by growth in its consumer business.
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Alliance Capital Management Holdings LP (AC.N: Quote, Profile, Research) , one of the biggest US money managers, on Thursday said its profit rose in the third quarter
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Bank of New York Mellon Corp  said on Thursday fourth-quarter profit fell, reflecting a one-time gain a year earlier.
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Bank of New York Co.  said on Monday it will buy Mellon Financial Corp.  for $16.5 billion, combining two storied names in American finance to create a powerhouse in asset management and custody services for institutional investors.
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Goldman Sachs Group Inc. on Thursday said fourth-quarter profit rose as its fixed-income, currency and commodities business soared while a rebounding stock market boosted investment banking.
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Bank of New York Co.  said on Monday it will buy Mellon Financial Corp.  for $16.5 billion, combining two storied names in American finance to create a powerhouse in custody services for institutional investors and one of the biggest asset managers.
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Lehman Brothers Holdings Inc.  on Tuesday said quarterly profit rose 27 percent, beating expectations, on surging revenue from bond underwriting and stock trading.