Mar 05, 2020 / 04:15PM GMT
Robert Henry Wildhack - Autonomous Research LLP - Analyst of Payments and Financial Technology
All right. Thank you, everyone, for joining. We have from BNY Mellon CFO, Mike Santomassimo.
Mike, thanks for being here. How are things?
Michael P. Santomassimo - The Bank of New York Mellon Corporation - CFO
Yes. Very good.
Questions and Answers:
Robert Henry Wildhack - Autonomous Research LLP - Analyst of Payments and Financial TechnologyGreat. Look, I think we can jump right in. Last year was a challenging year on the NII side, but somewhat lost in that is the fact that you grew fees by about 3%. No outlook given for fee growth this year. But talk a little bit about the variables that are going to contribute to fee growth in 2020.
Michael P. Santomassimo - The Bank of New York Mellon Corporation - CFO
Yes. Yes. And many of our -- as many of you know, many of our businesses are -- have pretty long sales cycles. And so for businesses like Pershing or Asset
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