📅 2 days ago Analyzed on Jan 16, 2026

BK

Bank of New York Mellon Corporation
2026-01-16 09:03 PM
-2.07%
BNY Mellon Falls on Senator's Inquiry Into $378M Epstein-Linked Transfers
Senator Ron Wyden requested information from BNY Mellon regarding $378 million in wire transfers processed for Jeffrey Epstein, including 'highly suspicious' $1 million payments, according to Bloomberg. This regulatory scrutiny overshadowed the bank's strong Q4 earnings reported earlier this week, which had prompted multiple analyst price target increases.

Analysis

The stock had rallied over 4% in the three days following its beat-and-raise Q4 report, making it vulnerable to profit-taking on negative headlines. The Epstein inquiry represents reputational and potential regulatory risk, though the transfers occurred years ago. BK's sharp underperformance versus the flat financial sector suggests this is company-specific headline risk rather than broader banking concerns.

Date: 2026-01-16
Price: $121.32
Type: Stock Specific
Confidence: high

This is a permanent link to this specific analysis (ID: 2508)

Back to Dashboard