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Posted by
Two Blokes May 12 -
Filed in
Stock
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BNY Mellon's strengths include significant income on sweep balances, a broader service mix, and recent efficiency gains through automation. State Street is seeing margin expansion from the scaling of its Alpha platform and improved inflows into its ETF products. While BK's premium valuation is justified by stronger margins, high ROTCE, and aggressive capital return, near-term upside appears limited.