Weak investment markets, low interest rates, and lawsuits over making marks of its clients may...

|By:, SA News Editor

Weak investment markets, low interest rates, and lawsuits over making marks of its clients may all be priced into the shares of BNY Mellon (BK +1.4%), writes Jack Willoughby. Not waiting on the Fed, the company is busy cutting costs and strengthening its franchise. The dividend of 2.1% is equal to the S&P yield and the shares trade at or less than the PE ratios of competitors.