Reuters: US Dollar Report: RPT-BNY Mellon's third-quarter profit falls without tax benefit

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RPT-BNY Mellon's third-quarter profit falls without tax benefit Oct 16th 2013, 10:44 Wed Oct 16, 2013 6:44am EDT Oct 16 (Reuters) - BNY Mellon Corp said on Wednesday that its third-quarter profit fell without a one-time tax benefit. The world's largest custody bank by assets earned $967 million, or 82 cents a share, compared with $720 million, or 61 cents a share, a year earlier. But without a benefit from a U.S. Tax Court decision, BNY Mellon said earnings were $706 million, or 60 cents a share.

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