Bank of New York Mellon Vs. State Street: The Underperformer May Be The Better Buy

Since my previous article on Bank of New York Mellon (NYSE: BK ) in December, shares have added another 8% bringing the 12-month gain to nearly 50%. That run reflects improving margins, steady fee growth, and aggressive capital return amidst a volatile macro environment. But Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my ow ...