Correction to story about BNY Mellon's Plans to Raise Wages

Bank of New York Mellon earned $822 million, or 77 cents a share, in the fourth quarter of 2016. "BNY Mellon to Raise Wages for 1,000 Employees Following Tax Overhaul," at 1:33 p.m. ET, incorrectly stated in the fourth paragraph that it earned $822 billion in the quarter. (Jan. 18, 2018)

(END) Dow Jones Newswires

January 18, 2018 14:46 ET (19:46 GMT)