Thinking of trading BANK OF NEW YORK?
- 1. Bank of New York Mellon is the oldest continuously operating bank in the U.S., and has a diverse revenue stream featuring private banking, asset management, and institutional banking businesses. 2. Warren Buffet (Berkshire) has added to its stakes in U.S. Bancorp and Bank of New York Mellon several times recently, in 2018. This is definitely a good sign for those doubting on whether this stock is a good option to invest in.
Trading CFDs involves significant risk of loss
How would you like to trade BANK OF NEW YORK?
- Tight spreads & reliable execution
- 70+ pre-installed indicators
- Custom indicators
- 26 time frames
- Live Sentiment data
- Chart trading
- Advanced Take Profit & Stop Loss
- Depth of Market
Trading CFDs involves significant risk of loss
- Vast selection of strategies to copy
- Efficient risk management
- Can start and stop copying at your will
- Flexible allocation of funds
- Detailed performance reports
- Full transparency & access to historical data
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Trading CFDs involves significant risk of loss
For beginners:
- Great choice of available cBots for various trading strategies and risk tolerance levels
- Simple Plug and Play functionality
For advanced traders:
- Ability to create your own cBot or custom indicator
Trading CFDs involves significant risk of loss
Trade BANK OF NEW YORK with Fondex. Our CFD trading platform is engineered to provide you with optimal execution speed while allowing you to access 3 different trading methods on the same interface.
1. Net interest revenue fell 8.5% in the quarter from 2018 to $841 million. The bank was hurt by relatively calm markets in the first three months of the year, which led to a slowdown in client activity and a drop in fee revenue. Additionally, the FED in March unexpectedly backed away from its plans to keep raising the funds rate, and said it expects no further hikes this year. That dovish turn took banks and bank investors by surprise, and threw interest rate planning at banks like New York Mellon into disarray. 2. The perception in the market is that current trading and interest rate conditions will make this a sluggish growth year for the company.
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