

By Manya Saini
(Reuters) -Bank of New York Mellon Corp is planning to cut around 3% of its workforce this year, a source familiar with the matter told Reuters on Friday, joining a number of Wall Street firms in trimming headcount to cope with turbulent markets.
The layoffs, first reported by the Wall Street Journal, translate to about 1,500 jobs of the bank's total reported headcount of 51,700 as of end-2022.
Shares in BNY Mellon (NYSE:BK) were up 2.4% in afternoon trading.
Goldman Sachs (NYSE:GS) and BlackRock Inc (NYSE:BLK) are also cutting jobs, sources told Reuters earlier this week, as high interest rates threaten the economic outlook and dampen dealmaking.
Wall Street's biggest banks kicked off the earnings season by earmarking more rainy-day funds to prepare for a possible recession ahead and reported weak investment banking results.
BNY Mellon reported a 38% drop in fourth-quarter profit to $509 million.
Chief Executive Robin Vince in a post-earnings call with analysts acknowledged that the company was facing inflationary headwinds, and added that the bank's expense growth was high.
Non-interest expense increased 8% in the quarter, primarily reflecting higher severance costs.
"We consider that number too high, especially considering the expense growth benefited from a stronger U.S. dollar throughout the year," Vince said.
EUR/USD
1.0895
-0.0015 (-0.14%)
Summary
↑ SellMoving Avg:
Buy (1)
Sell (11)
Indicators:
Buy (1)
Sell (6)
EUR/USD
1.0895
-0.0015 (-0.14%)
Summary
↑ SellMoving Avg:
Buy (1)
Sell (11)
Indicators:
Buy (1)
Sell (6)
GBP/USD
1.2217
-0.0006 (-0.05%)
Summary
BuyMoving Avg:
Buy (9)
Sell (3)
Indicators:
Buy (4)
Sell (3)
USD/JPY
128.65
-0.01 (-0.00%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (5)
Sell (3)
AUD/USD
0.7067
-0.0008 (-0.12%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (6)
Sell (3)
USD/CAD
1.3328
+0.0014 (+0.10%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (1)
EUR/JPY
140.12
-0.24 (-0.17%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (5)
Sell (0)
EUR/CHF
0.9961
0.0001 (0.00%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (6)
Sell (0)
Gold Futures
1,928.45
-2.35 (-0.12%)
Summary
NeutralMoving Avg:
Buy (3)
Sell (9)
Indicators:
Buy (4)
Sell (2)
Silver Futures
23.558
-0.057 (-0.24%)
Summary
↑ BuyMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (6)
Sell (1)
Copper Futures
4.1262
+0.0397 (+0.97%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (8)
Sell (0)
Crude Oil WTI Futures
75.78
-0.10 (-0.13%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (0)
Brent Oil Futures
82.12
-0.05 (-0.06%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (0)
Natural Gas Futures
2.428
-0.028 (-1.14%)
Summary
↑ SellMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (1)
Sell (6)
US Coffee C Futures
178.38
+2.48 (+1.41%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (1)
Euro Stoxx 50
4,241.12
+69.68 (+1.67%)
Summary
NeutralMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (3)
Sell (3)
S&P 500
4,179.76
+60.55 (+1.47%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (0)
DAX
15,509.19
+328.45 (+2.16%)
Summary
BuyMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (3)
Sell (2)
FTSE 100
7,820.16
+59.05 (+0.76%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (2)
Hang Seng
21,646.00
-312.36 (-1.42%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (1)
US Small Cap 2000
2,001.22
+40.41 (+2.06%)
Summary
↑ BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (11)
Sell (0)
IBEX 35
9,229.70
+131.60 (+1.45%)
Summary
↑ SellMoving Avg:
Buy (1)
Sell (11)
Indicators:
Buy (2)
Sell (8)
BASF SE NA O.N.
53.840
+1.100 (+2.09%)
Summary
↑ BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (10)
Sell (0)
Bayer AG NA
56.80
+0.30 (+0.53%)
Summary
↑ BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (8)
Sell (0)
Allianz SE VNA O.N.
221.70
+0.70 (+0.32%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (10)
Sell (0)
Adidas AG
157.92
+10.34 (+7.01%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (8)
Sell (1)
Deutsche Lufthansa AG
9.893
+0.214 (+2.21%)
Summary
↑ SellMoving Avg:
Buy (2)
Sell (10)
Indicators:
Buy (2)
Sell (8)
Siemens AG Class N
143.72
+0.72 (+0.50%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (0)
Deutsche Bank AG
11.456
-0.794 (-6.48%)
Summary
NeutralMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (5)
Sell (3)
EUR/USD | 1.0895 | ↑ Sell | |||
GBP/USD | 1.2217 | Buy | |||
USD/JPY | 128.65 | ↑ Buy | |||
AUD/USD | 0.7067 | ↑ Buy | |||
USD/CAD | 1.3328 | ↑ Buy | |||
EUR/JPY | 140.12 | ↑ Buy | |||
EUR/CHF | 0.9961 | ↑ Buy |
Gold | 1,928.45 | Neutral | |||
Silver | 23.558 | ↑ Buy | |||
Copper | 4.1262 | ↑ Buy | |||
Crude Oil WTI | 75.78 | ↑ Buy | |||
Brent Oil | 82.12 | ↑ Buy | |||
Natural Gas | 2.428 | ↑ Sell | |||
US Coffee C | 178.38 | ↑ Buy |
Euro Stoxx 50 | 4,241.12 | Neutral | |||
S&P 500 | 4,179.76 | ↑ Buy | |||
DAX | 15,509.19 | Buy | |||
FTSE 100 | 7,820.16 | ↑ Buy | |||
Hang Seng | 21,646.00 | ↑ Buy | |||
Small Cap 2000 | 2,001.22 | ↑ Buy | |||
IBEX 35 | 9,229.70 | ↑ Sell |
BASF | 53.840 | ↑ Buy | |||
Bayer | 56.80 | ↑ Buy | |||
Allianz | 221.70 | ↑ Buy | |||
Adidas | 157.92 | ↑ Buy | |||
Lufthansa | 9.893 | ↑ Sell | |||
Siemens AG | 143.72 | ↑ Buy | |||
Deutsche Bank AG | 11.456 | Neutral |
Mua/Bán 1 chỉ SJC # So hôm qua # Chênh TG | |
---|---|
SJC Eximbank | 6,670![]() ![]() (-40 ![]() ![]() |
SJC HCM | 6,680![]() ![]() (-20 ![]() ![]() |
SJC Hanoi | 6,680![]() ![]() (-20 ![]() ![]() |
SJC Danang | 6,680![]() ![]() (-20 ![]() ![]() |
SJC Nhatrang | 6,680![]() ![]() (-20 ![]() ![]() |
SJC Cantho | 6,680![]() ![]() (-20 ![]() ![]() |
Cập nhật 03-02-2023 13:30:41 | |
Xem lịch sử giá vàng SJC: nhấn đây! |
ↀ Giá vàng thế giới | ||
---|---|---|
$1,915.10 | -0.01 | -0.00% |
ʘ Giá bán lẻ xăng dầu | ||
---|---|---|
Sản phẩm | Vùng 1 | Vùng 2 |
RON 95-V | 24.000 | 24.480 |
RON 95-III | 23.140 | 23.600 |
E5 RON 92-II | 22.320 | 22.760 |
DO 0.05S | 22.520 | 22.970 |
DO 0,001S-V | 24.280 | 24.760 |
Dầu hỏa 2-K | 22.570 | 23.020 |
ↂ Giá dầu thô thế giới | |||
---|---|---|---|
WTI | $75.99 | +0.19 | 0.25% |
Brent | $82.09 | +0.12 | 0.14% |
$ Tỷ giá Vietcombank | ||
---|---|---|
Ngoại tệ | Mua vào | Bán ra |
USD | 23.250,00 | 23.620,00 |
EUR | 24.892,64 | 26.286,54 |
GBP | 27.897,12 | 29.086,72 |
JPY | 177,36 | 187,76 |
KRW | 16,54 | 20,16 |
Cập nhật lúc 13:27:26 03/02/2023 Xem bảng tỷ giá hối đoái |