Bank of N.Y. Stresses Fees and Impresses the Market
American Banker (08/02/00) Vol. 22, No. 49 p.24; Rieker, Matthias

Analysts have been upgrading their ratings on Bank of New York, demonstrating support for the bank's concentration on fee-based income. Anthony Polini of Advest Group has upgraded the bank to a buy rating, as has Michael Mayo of Credit Suisse First Boston, while UBS Warburg gave Bank of New York its highest rating, "strong buy."

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