Bank of New York Mellon appointed Marleny Cheshier as a senior wealth manager in its Newport Beach wealth management office.
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.
JPMorgan plans to exit the business of settling U.S. government securities for most dealers by the end of 2017, including some transactions in a key corner of the $1.6tril repurchase-agreement market.
BNY Mellon have appointed Hani Kablawi as the new Head of Investment Services for Europe, the Middle East and Africa (EMEA).
Bank of New York Mellon has appointed Esteban Colon to the newly created role of wealth director with BNY Mellon Wealth Management.
Bank of New York Mellon has posted a five per cent increase in first-quarter profit due to heavy cost cutting and the US interest rate hike in December.
BNY Mellon's activist board member on Tuesday praised the bank's financial progress and the leadership of Chief Executive Gerald Hassell, even as the company's stock is down about 12% over the past year and lagging the benchmark S&P 500 Index.
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.
BNY Mellon appointed Piers Murray as chief operating officer to its markets business.
Bank of New York Mellon has agreed to pay $3m in settling a state investigation into problems it faced in calculating net asset values on some 1,200 mutual funds last August, Massachusetts' top securities regulator said on Monday.
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.
A judge has denied Deutsche Bank's bid to dismiss a lawsuit by the city of Los Angeles accusing it of letting hundreds of foreclosed properties fall into disrepair and illegally evicting low-income tenants, a representative for the city's attorney said on Wednesday.
Bank of New York Mellon Corp., the largest custody bank, reached a deal to end a lawsuit accusing it of defrauding state pension funds through foreign-currency transactions, according to a spokesman for Virginia Attorney General Kenneth Cuccinelli.
Bank of New York Mellon directors have been quizzed on whether they initiated a hunt for a new chief executive, according to people familiar with the matter, in the latest intrigue to hit the custody bank.
Bank of New York Mellon has hired former Visa boss Charles Scharf as its new chief executive, replacing Gerald Hassell as he retires later this year.
Bank of New York Mellon has developed and deployed automated computer programs, or more than 220 "bots", across its businesses over the past 15 months seeking more efficiency and lower costs, as the adoption of artificial intelligence technology in banking increases.
Bank of New York Mellon, which oversees about $30.6 trillion in assets, is hiring in Europe as it bulks up its exchange-traded funds business to tap into increasing investor demand for cheaper passive products.