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MarketBeat
MarketBeat
Peter Frank

Quiet BNY and Northern Trust Reward Patient Investors

If you think it sounds exciting to own quiet financial plumbing that keeps the global economy running and get paid to do it, then custodian banks might be right for you.

They’re not flashy, but BNY (NYSE: BK) and Northern Trust (NASDAQ: NTRS) are fresh off record-setting years and sending cash back to shareholders.

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