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Bank of New York Mellon Reports Higher Third-Quarter Profit

Bank of New York Mellon recorded higher profit in the third quarter. CEO Robin Vince described the operating environment as constructive but uneven and cited recent stock-market declines as a concern.

BNY

By Katherine HamiltonBank of New York Mellon recorded third-quarter growth with a hint of caution, as falling stocks in recent days have put up a few red flags."It's been a constructive but uneven operating environment," Chief Executive Robin Vince said on a media call Thursday. "Just the price act…