The UK’s Financial Conduct Authority has fined the Bank of New York Mellon’s London and International branches £126m for failing to comply with rules protecting clients against insolvency.
Pershing, a BNY Mellon company, said it will allow offshore investors access to its collateralised lending product, Nexus Loans, and has added euro and US dollar denominations to its sterling offering.
Global GDP should accelerate this year and next, according to BNY Mellon’s chief economist Richard Hoey, who highlighted continuing monetary easing policies as a supportive factor
BNY Mellon Investment Management is to launch a multi-asset income fund as the firm seeks to capitalise on client demand stemming from the changing pensions landscape.
BNY Mellon today said a US firm it acquired on 2 January called Cutwater Asset Management will be administered by its London-based asset manager Insight Investment.
As the world’s largest multi-boutique, BNY Mellon is looking to expand its offering even further, says executive director and head of European distribution, Matt Oomen
BlackRock claimed top spot in the gross retail sales table for the second consecutive quarter, the Pridham Report revealed on Monday.
BNY Mellon Wealth Management intends to launch "comprehensive discretionary investment and wealth management services to high net worth individual investors" after receiving approval from Hong Kong's regulators, the bank said.
BNY Mellon has appointed Douglas Hymas as country executive for Japan and general manager of the company's Tokyo branch.
Newtons Jason Pidcock believes working with a thematic approach gains you an understanding of the businesses you are investing in while building up a clearer view of the many factors that can influence them
BNY Mellon has appointed Werner Taiber as its country executive for Germany.
BNY Mellon has launched a UCITS absolute return fund with daily liquidity, managed by its Insight Investment boutique.
