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Banking/Savings and Loans

Bank of New York Mellon profit soars in 4Q

NEW YORK  — Bank Of New York Mellon more than tripled its fourth-quarter profit on rising in net interest revenue and lower expenses, easily beating most expectations. Global economic turmoil still weighed on performance. Assets under management, because of weakness ...

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Treasury bureau lauds Rochester firm

Rochester-based Continental Service Group Inc., a provider of accounts receivable management services, was recognized as the top performer by The U.S. Department of the Treasury – Bureau of the Fiscal Service for the quarter ending in September. In 2011, the ...

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