UPDATE 1-BNY beats Q3 profit estimates as assets under custody and administration top $50 trillion Compares with estimates in paragraph 1, adds CEO comments from media call in paragraphs 4-5, shares in paragraph 6 By Niket Nishant and Manya Saini Oct 11 (Reuters) - BNY BK.N beat third-quarter profit estimates on Friday, boosted by higher investment services fees as assets under its custody and administration exceeded the $50 trillion mark for the first time.

BNY Q3 profit rises as assets under custody and administration top $50 trillion Oct 11 (Reuters) - BNY's BK.N profit jumped 16% in the third quarter on higher investment services fees as assets under its custody and administration exceeded the $50 trillion mark for the first time, the world's largest custodian bank said on Friday. The bank's fees, typically calculated as a percentage of the assets under custody, benefited from a market rally that boosted their value as well as acquisition of new

U.S. RESEARCH ROUNDUP-Fox Corp, Smartsheet, Tesla Sept 25 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies including Fox Corp, Smartsheet and Tesla, on Wednesday. HIGHLIGHTS * Fortrea Holdings Inc FTRE.O : Jefferies cuts to hold from buy * Fox Corp FOXA.O : CFRA cuts to sell from hold * Hewlett Packard Enterprise CO HPE.N : Barclays raises to overweight from equal-weight * Smartsheet Inc SMAR.N : D.A.

MOVES-Bank of Montreal's US wealth management head to retire Sept 24 (Reuters) - Bank of Montreal's BMO.TO Shannon Kennedy has decided to retire after a tenure of over five years, according to a LinkedIn post on Tuesday by Kevin Barnes, bank's private wealth head for North America. Kennedy, in her most recent role, acted as the chief executive of the Canadian lender's U.S.

BRIEF-Northern Trust Decreases Prime Rate Northern Trust Corp NTRS.O : NORTHERN TRUST DECREASES PRIME RATE NORTHERN TRUST CORP - DECREASES PRIME RATE TO 8.00% FROM 8.50% Source text for Eikon: ID:nBw1xr2Rwa Further company coverage: NTRS.O