BNY Mellon to Buy PNCs Investment Unit for $2.31 Billion (Bloomberg)
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Feb. 2 (Bloomberg) — Bank of New York Mellon Corp agreed to buy PNC Financial Services Group Inc.s global investment- servicing business for $2.31 billion to add hedge-fund and mutual-fund clients.
Early Glance: Investment Banks companies (AP via Yahoo! Finance)
NEW YORK (AP) — Shares of some top investment banks companies are up at 10 a.m.: Goldman Sachs rose $1.53 or 1.0 percent, to $154.66. Morgan Stanley rose $.11 or .4 percent, to $27.67.
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