https://www.forbes.com/sites/greatspeculations/2019/09/16/bny-mellon-faces-high-risk-of-stagnating-revenues-over-coming-years/#74d7ab9d2218
2 replies (most recent on top)
Revenues are stagnating due to gross mismanagement by current and past senior leadership (or lack thereof). Of course, while Rome is burning, they are too busy counting their gold doubloons.
Folks,
This article has it wrong.
BNYM doesn’t face a high risk of stagnating revenue over the coming years... it is currently experiencing stagnating revenue and the only lever they have to pull is cost containment/cuts.