Bank of New York Mellon

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 suffers second big payment processing glitch

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A payment processing glitch at BNY Mellon this week should not be a surprise as executives inside the world's largest custody bank recently highlighted a number of problems with the daily task of moving trillions of dollars around the global banking system.

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BNY Mellon faces lawsuit over investor losses

Bank of New York Mellon must face a lawsuit seeking to hold it liable for causing $1.12bn of investor losses by failing to properly monitor five trusts backed by toxic residential mortgages, a Manhattan federal judge ruled.

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BNY Mellon appoints new head of EMEA markets business

BNY Mellon has appointed Richard Gill as head of its Markets business in Europe, the Middle East and Africa (EMEA). Gill will lead the regional business strategy and have overall responsibility for managing Markets within EMEA. He will report to Michelle Neal, president of BNY Mellon Markets.

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