BNY Mellon CEO Robin Vince raised pre-tax margin and return on tangible common equity targets by 5 percentage points each, showing confidence in the bank’s future. Vince, a former Goldman Sachs executive, highlighted a strong track record of execution and performance in a CNBC interview at the WEF Annual Meeting in Davos.

Read more at CNBC: BNY raises profit target, CEO Robin Vince says ‘turnaround’ taking hold