Total revenue rose 9 per cent to $5.08 billion; fee income rose 7 per cent to $3.637 billion and net interest income rose 18 per cent to $1.236 billion, the New York-listed group said in a statement. 

At the end of the quarter, total assets under management stood at $2.1 trillion, unchanged on a year earlier and from the previous quarter, as client outflows offset rising market levels. Assets under custody and administration rose 11 per cent on a year earlier to $57.8 trillion, helped by client inflows and rising markets.

Asset servicing fees at BNY's Pershing business – one that works with many wealth managers – gained 7 per cent year-on-year to $508 million. 

Total fee revenue rose 10 per cent to $1.221 billion at the market and wealth services arm.

Within the investment and wealth management business segments, investment management fees dipped 1 per cent year-on-year to $776 million. Wealth management revenue dipped 1 per cent to $278 million, it said.

At the end of September, BNY said it had a Common Equity Tier 1 ratio of 11.7 per cent, a touch lower than a year earlier. In the quarter, it returned $1.2 billion of capital to shareholders via share buybacks and dividend payouts.

Over the 12 months to yesterday, shares in the group have risen 38 per cent.