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BNY Eyes $3 Trillion Powerhouse With Northern Trust Deal

1. BNY Mellon is exploring acquiring Northern Trust but lacks a formal proposal. 2. A merger could boost BNY's market influence and reduce costs significantly. 3. Northern Trust prefers to stay independent, complicating potential deal progress. 4. Regulatory scrutiny is a significant hurdle due to BNY's systemic status. 5. BNY's stock recently fell 2%, reflecting investor skepticism about the deal.

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FAQ

Why Neutral?

The potential acquisition could enhance BNY's scale but lacks alignment from Northern Trust. Historical merger outcomes often face initial skepticism before market stabilization.

How important is it?

The article discusses a potential acquisition that could significantly affect BNY's operational strategy and market position.

Why Long Term?

If successful, the merger's benefits would materialize over time, similar to past successful bank mergers enhancing competitive positioning.

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