The Bank Of New York Mellon Remains A 'Buy' After 115% Rally

Group 1 - The banking sector was viewed as a favorable long-term investment leading into 2025, driven by expectations of deregulation and positive market sentiment during the anticipated Trump administration [1] - Despite the initial optimism, tariffs became a significant focus from January to April, impacting market dynamics [1] - The year has still shown strong activity in mergers and acquisitions (M&A), indicating resilience in the financial sector [1]