Displaying 44 results
BNY Mellon ripe for wealth management expansion
Thriving unit plans to add 100 workers to operation by end of 2014; largest staff hike under new CEO
In custody battle, Pershing reaches landmark
Advisors Solutions unit surpasses $100 billion mark in RIA assets under custody
BNY Mellon sued for negligence over Madoff
Bank of New York Mellon Corp. was sued on behalf of three funds for negligence in connection with the Ponzi scheme run by convicted fraudster Bernard L. Madoff.
BNY Mellon shelves sale of $17B unit: Sources
Two weeks after departure of Robert Kelly, bank said to nix possible Alcentra divestiture
Kelly resigns from BNY Mellon in shock move
Once touted as a possible replacement for Ken Lewis at Bank of America, Robert Kelly resigned unexpectedly on Wednesday as CEO of BNY Mellon. According to reports, disagreements with directors ultimately led to his exit.
BNY Mellon engaged in ‘multipronged campaign of deception’: NY state
Claim custody bank defrauded customers in foreign currency transactions; 'virtually worst rates of the day'
Plans to tax munis won’t fly: BNY Mellon
Renewed proposals to eliminate the tax-exempt status of municipal bonds as a way to reduce the $1.5 trillion federal deficit are unlikely to succeed, according to a report by The Bank of New York Mellon Corp.
BNY Mellon: Plans to tax munis won’t fly
Renewed proposals to eliminate the tax-exempt status of municipal bonds as a way to reduce the $1.5 trillion…
BNY Mellon unit ditching riskiest bonds in its muni funds
Standish Mellon Asset Management has spent the past several months unwinding the credit risk of its municipal bond funds, but isn't scared of massive defaults coming down the pike.
BNY Mellon snags BlackRock exec to replace O’Hanley
Arledge tabbed to to run BNY Mellon's asset management unit; Wachovia connection?
Little’s exit signals outside hire at BNY Mellon Asset Management: Sources
Bank said to be leaning toward external candidate for permanent replacement for Ronald Hanley
BNY Mellon hires two wealth management bigs
BNY Mellon Wealth Management this week announced prominent hires for two new positions, signaling its plan to increase its reach both domestically and internationally.
BNY Mellon earnings triple
Bank of New York Mellon Corp., parent of Pershing and Dreyfus and the world’s biggest custody bank, said…
BNY Mellon mulling absolute-return funds for retail investors
BNY Mellon Asset Management executives are looking into launching pension-style absolute-return mutual funds for U.S. retail investors.
BNY Mellon prices $700M stock offering
Bank of New York Mellon Corp. on Friday priced an offering of $700 million of its common stock.
BNY Mellon snags BHF unit
In its second big purchase in a month, the firm dramatically boosts its profile in Europe.
BNY Mellon’s Kelly: I’m not going anywhere
Bank of New York Mellon Corp.'s CEO Robert Kelly told employees Monday that he isn't going anywhere, leaving Bank of America Corp. with one less candidate for its top job.
BNY Mellon’s Kelly pulled down $11.6M in ’09
Sizeable haul for the bank's CEO actually worked out to a 6% pay cut from the previous year
Bank of New York Mellon profit surges on asset management fees
Bank of New York Mellon says its fourth-quarter profit surged as asset and wealth management revenue offset lower interest income.
BNY Mellon buys a piece of private-equity firm Siguler Guff
BNY Mellon Asset Management acquired a 20% minority interest in Siguler Guff, a New York-based multistrategy private equity firm with roughly $8 billion in assets under management and committed capital.
