Established in 2007 from the merger of Mellon Financial Corporation and The Bank of New York Company, Inc., BNY Mellon is a leading investment management and investment services company, uniquely focused to help clients manage and move their financial assets and succeed in the rapidly changing global marketplace.

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BNY Mellon fined £126m

London

The Financial Conduct Authority (FCA) has fined The Bank of New York Mellon London Branch (BNYMLB) and The Bank of New York Mellon International Limited (BNYMIL) (together ‘the Firms’) £126m for failing to comply with the FCA Client Assets Sourcebook (Custody Rules, or CASS), which applies to safe custody assets and to client money.

BNY Mellon CEO supported

Dumb And Dumber

Nelson Peltz’s Trian Partners is rebuffing a request by fellow activist Marcato Asset Management to remove Bank of New York Mellon Chief Executive Gerald Hassell from his job, the FOX Business Network has learned.

BNY Mellon results hit by legal costs

Gavel

BNY Mellon has said it included an additional after-tax legal expense of $598m to its reported fourth-quarter results, anticipating resolution of foreign exchange-related actions and other matters.

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