Bank of New York Mellon (BK)

Bank of New York Mellon sees more acquisition opportunities in Europe than in Asia, the head of the world's largest custodian of financial assets said on Tuesday.
Robert Kelly, the bank's chairman and chief executive, said European financial institutions had been harder hit by the global economic crisis than their counterparts in Asia and were refocusing their businesses as a consequence.

Oct 27 · 12:01:00 PM · Source: Reuters
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by Michael Oliveto