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"This is our strongest quarter ever," Mr. Fink said in an interview.
And even using last quarter's earnings as the basis for analysis — the unit's strongest quarter in 2009 — BNY Mellon is paying a big multiple.
Booming sales to fast-growing emerging markets—notably Brazil, China and India have brought German industry its strongest quarter in decades.
Despite a series of potential shocks to the global economy, deal makers just completed their strongest quarter since before the financial crisis.
Pointing to the strongest quarter ever for its Windows operating system, Microsoft yesterday surpassed analysts' earnings estimates for the latest quarter.
"The global economic environment led to a softening in end-customer demand for PCs and servers in what is usually the year's strongest quarter".
Similar(24)
New forecasts from the National Institute of Economic and Social Research thinktank estimated the economy grew by 0.9% between January and March, which would be the strongest quarter-on-quarter rise since the second quarter of 2010 if confirmed by official figures due at the end of this month.
It was "one of our strongest quarters from momentum and innovation," said Levie.
On the ad side, this was one of our strongest quarters for ad quality improvement.
HBO had a particularly strong quarter in ratings.
Its wealth management unit, which includes the Merrill Lynch brokerage house, had a strong quarter.
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