BNY Mellon

BNY Mellon Centre
160 Queen Victoria Street
London
EC4V 4LA
UK

Telephone
+44 20 7163 5566


Website
www.bnymellon.com
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of December 31, 2013, BNY Mellon had $27.6 trillion in assets under custody and/or administration and $1.6 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com or follow us on Twitter @BNYMellon.

BNY Mellon’s Investment Services business provides global custody and related services, broker-dealer services, collateral services, alternative investment services, corporate trust and depositary receipt services, as well as clearing services and global payment/working capital solutions to institutional clients.

We touch all points across the investment lifecycle: from the creation of assets through the trading, clearing, settlement, servicing, management, distribution and restructuring of those assets:

    We help create assets, working with clients to issue debt or DRs, for example.
  • We facilitate the trading and settlement of assets through our broker-dealer, global markets and treasury services activities.

  • We hold and service assets for beneficial owners through asset servicing.

  • We provide a distribution channel for those assets through our Pershing platform

  • We can restructure those assets, as in the case of debt restructurings, through corporate trust.

  • We support the rapidly expanding collateral management needs of both the buy and sell-sides through our global collateral services business.



With the formation in July 2012 of our Global Collateral Services division, we have brought together four of the businesses which have a central role to play in solving collateralization challenges – agency and principal securities lending; tri-party securities financing; our Derivatives360 OTC derivatives collateral processing service; and liquidity management – to help buy side and sell side firms address their needs around liquidity, efficiency and the segregation and optimisation of collateral.

Incorporated in Belgium as a non-bank subsidiary of The Bank of New York Mellon Corporation, BNY Mellon CSD is our response to the current regulatory imperatives around issuance and settlement services. The CSD is a natural evolution of our business and allows our clients to access integrated services across the full spectrum of the securities value chain and so accommodate new requirements mandated by regulations such as the European Market Infrastructure Regulation (EMIR).
BNY Mellon jobs
Featured on Securities Lending Times
Senior Sales Support Partner German speaking countries (f/m)
BNY Mellon | Multiple Locations: Frankfurt, Germany; Luxembourg, Luxembourg; London, United Kingdom
KYC AML Specialist
BNY Mellon | London
CASS Specialist
BNY Mellon | London
Regulatory Product Manager
BNY Mellon | London, United Kingdom
BNY Mellon Features archive
Featured on Securities Lending Times
Two steps forward, one step back
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With asset managers under pressure from all angles, doing more with data can help them to thrive, says BNY Mellon’s Daron Pearce
Every silver lining has a cloud
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The regulatory storm is showing no sign of abating, and it’s unclear whether the outcome will be worth the effort. BNY Mellon’s Paul North explains
BNY Mellon Interview archive
Featured on Securities Lending Times
Paul North
BNY Mellon Asset Servicing
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Financial institutions need to start thinking about the 2017 implementation of the next Markets in Financial Instruments Directive, says Paul North of BNY Mellon Asset Servicing
Brian Leddy
BNY Mellon Asset Servicing
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Brian Leddy, managing director at BNY Mellon Asset Servicing, discusses the SWF space.
BNY Mellon News archive
Featured on Securities Lending Times
Record-breaking Q1 for BNY Mellon
21 April 2017 | New York | Reporter: Stephanie Palmer
BNY Mellon saw record breaking levels of assets under custody and/or administration in Q1 2017, reaching a total of $30.6 trillion
$33bn REIT mandate for BNY Mellon
20 April 2017 | New York | Reporter: Stephanie Palmer
BNY Mellon Alternative Investment Services has been selected to provide fund administration for PGIM Real Estate’s US real estate funds
EU market participants too busy for CMU
20 March 2017 | Brussels | Reporter: Drew Nicol
EU financial market participants are too bogged down in regulatory implementation to make the most of capital market opportunities, according to a BNY Mellon regional chief
New head at the helm of BNY Mellon Markets
08 March 2017 | London | Reporter: Stephanie Palmer
BNY Mellon has named Dan Watkins as its new head of BNY Mellon Markets in Europe, the Middle East and Africa
Paul Farrell joins BNY Mellon MENA team
07 March 2017 | Dubai | Reporter: Theo Andrew
BNY Mellon has named Paul Farrell as head of sales and relationship management for corporate trust in the Middle East and North Africa
BNY Mellon expands relationships team
16 February 2017 | London | Reporter: Stephanie Palmer
BNY Mellon has appointed Stephen Doyle to the newly created role of head of UK institutional relationship development for asset servicing
BNY Mellon chosen for Brazilian ADR
06 January 2016 | São Paulo | Reporter: Stephanie Palmer
Braskem SA, a Brazilian petro-chemical firm, has appointed BNY Mellon as depository bank for its American depository receipt programme...
BNY Mellon uses T2S for Italian CSD link
16 December 2016 | London | Reporter: Drew Nicol
BNY Mellon has partnered with Italy’s central securities depositary Monte Titoli through its Target2-Securities connection...
Pension fund service mandate for BNY Mellon
13 December 2016 | London | Reporter: Stephanie Palmer
BNY Mellon has been appointed to provide fund accounting, transfer agency, custody, trust and depository services to the Local Pensions Partnership £5 billion global equity fund in the UK...
South Korea grants BNY Mellon trustee licence
02 December 2015 | Seoul | Reporter: Drew Nicol
BNY Mellon has been granted full ‘all asset trust licence’ status to provide trustee services for the South Korean domestic market...
BNY Mellon's Mager heads up innovation group
29 November 2016 | New York | Reporter: Stephanie Palmer
BNY Mellon has named Christopher Mager as head of its new innovation group within the treasury services business...
BNY Mellon acts as trustee on Aberdeen bond
23 November 2016 | Aberdeen | Reporter: Mark Dugdale
BNY Mellon has been appointed as trustee and paying agent on Aberdeen City Council's £370 million bond for infrastructure projects...
Wisconsin taps BNY Mellon for middle office services
16 November 2016 | Milwaukee | Reporter: Drew Nicol
The State of Wisconsin Investment Board has expanded BNY Mellon’s mandate to provide middle-office investment services for assets worth $105 billion...
OTC derivative reform opens the door for SWFs
14 November 2016 | London | Reporter: Drew Nicol
Sovereign wealth funds are in a unique position to plug gaps in the securities lending and repo markets left by regulatory reform in the over-the-counter derivatives space, according to BNY Mellon...
BNY Mellon picks Singapore for new innovation base
07 November 2016 | Singapore | Reporter: Drew Nicol
BNY Mellon will opened its newest global innovation center in Singapore on 17 November...
BNY Mellon sees boost in servicing fees
21 October 2016 | New York | Reporter: Mark Dugdale
BNY Mellon has seen a 1 percent increase in its asset servicing fees, which reached $1.1 billion in Q3 2016...
BNY Mellon wins Swedish custody mandate
18 October 2016 | Stockholm | Reporter: Stephanie Palmer
Swedish financial services group Nordea has appointed BNY Mellon to provide custody services for its US debt and equity portfolios, valued at over $7 billion...
Banco Santander selects BNY Mellon for ADRs
11 October 2016 | New York | Reporter: Stephanie Palmer
BNY Mellon has been appointed as depository bank for the American depository receipt programmes of Banco Santander Brasil and Banco Santander Chile...
BNY Mellon to test real-time payment service
21 September 2016 | New York | Reporter: Drew Nicol
BNY Mellon has upped the ante in the race to achieve efficient real-time payments, becoming one of the first participants to test the RTP system being developed by The Clearing House...
BNY Mellon adds to innovation hub
16 September 2016 | London | Reporter: Stephanie Palmer
BNY Mellon has appointed Niamh De Niese as head of its innovation centre for Europe, the Middle East and Africa...
Israeli custody mandate for BNY Mellon
14 September 2016 | Tel Aviv | Reporter: Stephanie Palmer
BNY Mellon has been selected by Israeli insurance company Clal Insurance to provide global custody and cash management services for assets totalling over $7 billion...
T2S wave three must be a success, says BNY Mellon
12 September 2016 | Brussels | Reporter: Drew Nicol
The third wave of T2S implementation will be the tipping point that decides whether the project justifies the investment in the platform, according to BNY Mellon’s Tom Casteleyn...
BNY Mellon nabs blockchain whizz
23 August 2016 | London | Reporter: Stephanie Palmer
UBS blockchain and financial technology expert Alex Batlin will be joining BNY Mellon when he leaves UBS in October, sources have confirmed...
BNY Mellon analyses new collateral management tools
05 August 2016 | New york | Reporter: Mark Dugdale
Market participants need to become more efficient when financing their transactions, according to BNY Mellon, whose report outlines the strategies to adopt in collateral management...
BNY Mellon taps Kablawi for investment services
19 July 2016 | London | Reporter: Drew Nicol
Hani Kablawi has moved up a rung at BNY Mellon by becoming head of investment services for Europe, the Middle East and Africa (EMEA).
Fund admin mandate for BNY Mellon in Germany
18 July 2016 | Frankfurt | Reporter: Stephanie Palmer
BNY Mellon has won a mandate to provide fund administration and collateral management services to the German-domiciled funds of Nomura Asset Management...
UEA ETF custody mandate for BNY Mellon
27 June 2016 | Abu Dhabi | Reporter: Stephanie Palmer
BNY Mellon has been appointed as global custodian and fund administrator to the first liquid, tradable and transparent ETF listed in the Middle East under the UAE’s new regulations...
Capital moving to alternative strategies
13 June 2016 | Berlin | Reporter: Mark Dugdale
Institutional investors are seeking to allocate more of their capital to alternative strategies, including real estate, in a quest for strong returns in the low interest rate environment, according to a new study from BNY Mellon...
Pershing addresses new conflict of interest regulation
09 June 2016 | Orlando | Reporter: Stephanie Palmer
BNY Mellon’s Pershing is addressing the US Department of Labor’s new Conflict of Interest Rule, developing a range of new solutions to help financial services firms with compliance...
BNY Mellon: real assets increasingly attractive
13 May 2016 | New York | Reporter: Mark Dugdale
Real estate, infrastructure and private equity managers anticipate strong growth in assets in the next five years, according to BNY Mellon...
IBM tackles blockchain's security concerns
05 May 2016 | New York | Reporter: Drew Nicol
US technology giant IBM is working with the likes of BNY Mellon to create a “tamper-resistant” blockchain solution for trading and transfer of assets...
College funding mandate for BNY Mellon
29 April 2016 | Worcester, Massachusetts | Reporter: Stephanie Palmer
BNY Mellon has been appointed as trustee, registrar and paying agent for $35.5 million in revenue bonds belonging to the Massachusetts Development Financing Agency...
North America mandate for BNY Mellon
25 April 2016 | New York | Reporter: Stephanie Palmer
BNY Mellon has been selected by Winterflood Securities to provide clearing and settlement services in North America...
BNY Mellon holds firm on asset servicing fees
22 April 2016 | New York | Reporter: Drew Nicol
BNY Mellon’s asset servicing fees grew by a modest 1 percent in Q1 2016 from Q4 2015, but remained flat compared to the same time last year...
Sodani selected for BNY Mellon relationships role
13 April 2016 | London | Reporter: Stephanie Palmer
BNY Mellon’s Ileana Sodani has been appointed to the newly created role of head of relationship management for the asset servicing business in EMEA...
Another new hire for BNY Mellon Markets
11 April 2016 | London | Reporter: Stephanie Palmer
BNY Mellon has promoted Richard Gill to lead its markets business in Europe, the Middle East and Africa (EMEA)...
Changes at the top of BNY Mellon Markets
06 April 2016 | New York | Reporter: Stephanie Palmer
BNY Mellon has appointed Piers Murray as COO of its markets business, effective 15 June...
BNY Mellon boosts EMEA team
17 March 2016 | New York | Reporter: Stephanie Palmer
BNY Mellon has appointed Tom Ahern as head of its corporate trust business in Europe, the Middle East and Africa (EMEA)...
Gill to head BNY Mellon’s investor solutions group
09 March 2016 | New York | Reporter: Drew Nicol
BNY Mellon has named Christine Gill as head of its newly formed investor solutions group, within the bank’s asset servicing business...
Pershing reshuffles leadership with new talent
16 February 2016 | Jersey | Reporter: Drew Nicol
BNY Mellon subsidiary Pershing has appointed Lori Hardwick as its new COO, effective 29 February...
New interest in Chinese and German investment
28 January 2016 | New York | Reporter: Stephanie Palmer
China and Germany have skipped up the ranks as strategic sources of new investment over the next five years, according to BNY Mellon’s annual investor relations survey...
Tricky Q4 for BNY Mellon
25 January 2016 | New York | Reporter: Stephanie Palmer
BNY Mellon has seen mixed results in its investment management business, with a slight 1 percent increase in assets under custody contending with a 4 percent slump in assets under management...
BNY Mellon supports Canadian collateral financing first
20 January 2016 | London | Reporter: Stephanie Palmer
Karson has completed the first K-Note reinsurance collateral financing transaction in Canada, supported by BNY Mellon...
BNY Mellon adds to EMEA compliance team
19 January 2016 | London | Reporter: Drew Nicol
BNY Mellon has appointed Jacqueline Joyston-Bechal to lead its advisory compliance team for investment services in Europe, the Middle East and Africa...
Position-level data is the goal, says BNY Mellon
19 January 2016 | London | Reporter: Drew Nicol
Position-level information for all asset classes should be considered the gold standard in enterprise risk analysis, according to a BNY Mellon whitepaper...
Green mandate for BNY Mellon
19 November 2015 | Burlington, Vermont | Reporter: Stephanie Palmer
BNY Mellon has been appointed by the Vermont Educational and Health Buildings Financial Agency and Saint Michael’s College as trustee, paying agent and registrar for $18.5 million in green bonds...
BNY Mellon appointed Turkish cat bond trustee
03 November 2015 | London | Reporter: Becky Butcher
BNY Mellon has been appointed trustee, paying agent, account bank and custodian for a $100 million Turkish cat bond transaction designed to protect insurers against the risks of potential earthquakes...
Alternative ETFs still number one for BNY Mellon
22 October 2015 | New York | Reporter: Stephanie Palmer
Alternative and derivatives strategies continue to be the most popular new products in 2015 so far, making up 25 percent of all BNY Mellon’s exchange traded funds launched...
Another Latin America ADR for BNY Mellon
20 October 2015 | São Paulo | Reporter: Stephanie Palmer
BNY Mellon has been selected as depository bank for Banco Santander Brasil’s American depository receipt (ADR) programme, its second mandate with Banco Santander in Latin America this year...
BNY Mellon automates process for broker-dealers
15 October 2015 | New York | Reporter: Becky Butcher
BNY Mellon has automated the notifications that broker-dealers send to mutual fund complexes when large trades in their funds are imminent...
Clearstream and Euroclear pick BNY Mellon
13 October 2014 | Hong Kong | Reporter: Mark Dugdale
International central securities depositaries Clearstream and Euroclear Bank have appointed BNY Mellon to provide them with sub-depository services in the Asia Pacific...
BNY Mellon expands global payments infrastructure
10 September 2015 | London | Reporter: Becky Butcher
BNY Mellon has expanded its developments of its global payments infrastructure with the launch of enhanced foreign exchange payment capabilities...
SunGard apologises for BNY Mellon NAV glitch
01 September 2015 | New York | Reporter: Stephanie Palmer
SunGard president and CEO Russ Fradin has apologised for the technical failure of its hosted InvestOne fund accounting platform, which left BNY Mellon’s net asset value calculation and processing disrupted...
Fund accounting headache for BNY Mellon
28 August 2015 | New York | Reporter: Stephanie Palmer
BNY Mellon is still experiencing problems with producing system-generated NAVs for its US fund accounting clients after the system failed on Wednesday 26 August...
BNY Mellon to support Irish housing platform
24 August 2015 | London | Reporter: Stephanie Palmer
BNY Mellon has been appointed as account bank for a €500 million lending platform for building homes in Ireland, Activate Capital...
BNY Mellon boosts tax services team
19 August 2015 | New York | Reporter: Stephanie Palmer
Mariano Giralt has been promoted to head of BNY Mellon’s global tax services...
BNY Mellon wins Chilean ADR mandate
06 August 2015 | Santiago | Reporter: Stephanie Palmer
Banco Santander Chile has chosen BNY Mellon as successor depository bank for its American depository receipt programme...
Nordic custody win for BNY Mellon
04 August 2015 | Copenhagen | Reporter: Stephanie Palmer
BNY Mellon has been selected to provide custody and securities lending services for Danish insurance company Topdanmark A/S...
Two G-SIBs trailing for SLR requirements
31 July 2015 | New York | Reporter: Stephanie Palmer
BNY Mellon and State Street are at risk of failing to comply with the Basel III supplementary leverage ratio requirements, and should retain higher levels of capital in order to ensure compliance...
Spike in depository receipt programmes for pharma
30 July 2015 | New York | Reporter: Stephanie Palmer
BNY Mellon has seen significant depository receipt activity in the pharmacutical and biotech sector in the fist six months of 2015, with the industry accounting for 67 percent of capital raised in this way...
BNY Mellon: Understanding is key to cracking Asia
17 July 2015 | New York | Reporter: Stephanie Palmer
It’s important for investors to be aware of the subtle differences between key Asian countries, according to a survey by BNY Mellon and analytics and advisory firm Oxford Metrica...
Thomas Murray recruits BNY Mellon CSD team
16 July 2015 | London | Reporter: Stephanie Palmer
Thomas Murray Advisory Services has confirmed it has hired three members of BNY Mellon’s central securities depository team, in addition to former CEO Chris Prior-Willeard...
Raymond James extends BNY subaccounting mandate
14 July 2015 | New York | Reporter: Stephanie Palmer
BNY Mellon has extended the subaccounting services it provides for Raymond James & Associates to include 6.4 million active investor positions and more than $140 billion in assets...
Ned Sigel joins BNY Mellon
09 July 2015 | New York | Reporter: Stephanie Palmer
Ned Siegel has left State Street after 22 years to join BNY Mellon as senior sales executive for the private equity and real estate fund services unit in the Americas...
Liabilities out-dive assets in June
08 July 2015 | New York | Reporter: Stephen Durham
The funded status of the typical US corporate pension plan increased 1.5 percentage points in June to 87.8 percent, as liabilities declined more rapidly than assets during the month, according to the BNY Mellon ISSG...
BNY Mellon mandated for Brazilian green bonds
08 July 2015 | New York | Reporter: Stephanie Palmer
BNY Mellon Corporate Trust has been appointed as trustee, registrar, paying agent and transfer agent for the first green bonds of Brazilian food company BRF S.A...
New roles for BNY Mellon CSD leaders
06 July 2015 | New York | Reporter: Stephanie Palmer
Chris Prior-Willeard has left his post as head of BNY Mellon’s central securities depository to join data services provider Thomas Murray as management consultant...
Saemor Capital and Pelargos Capital appoint BNY Mellon
29 June 2015 | London | Reporter: Stephen Durham
BNY Mellon has been appointed by alternative fund managers Saemor Capital and Pelargos Capital to provide AIFMD depositary, fund administration, and middle office and investor services for assets valued at €800 million...
BNY Mellon appoints global distribution co-heads
22 June 2015 | London | Reporter: Stephanie Palmer
BNY Mellon Investment Management has promoted Kim Mustin and Matt Oomen to co-heads of global distribution...
Adam Gelder joins BNY Mellon
16 June 2015 | New York | Reporter: Becky Butcher
BNY Mellon has appointed Adam Gelder as head of financial institutions for its corporate trust team in Europe, the Middle East and Africa (EMEA)...
BNY Mellon promotes Alan Flanagan
15 June 2015 | London | Reporter: Becky Butcher
BNY Mellon has promoted Alan Flanagan as global head of private equity and real estate fund services...
BNY Mellon secures T. Rowe mandate
04 June 2015 | New York | Reporter: Becky Butcher
BNY Mellon has been selected to provide portfolio and fund accounting services to support T. Rowe Price’s $770 billion investment operation...
Big data means big innovation
01 June 2015 | New York | Reporter: Stephanie Palmer
Big data could be advantageous to investment managers if they innovate now, according to a white paper from BNY Mellon...
AIFs at risk from asset segregation
11 May 2015 | New York | Reporter: Stephanie Palmer
Asset segregation as proposed under AIFMD will compromise tri-party collateral management and securities lending, according to Ross Whitehill, managing director of BNY Mellon Markets Group...
BNY Mellon launches new ETF negotiation tool
06 May 2015 | New York | Reporter: Stephanie Palmer
BNY Mellon has introduced a new automated process to aid authorised participants in the creation and redemption of exchange traded funds...
BNY Mellon launched ESG advisory service
28 April 2015 | New York | Reporter: Stephanie Palmer
BNY Mellon has partnered up with Sustainalytics to introduce ESG advisory services for its depository receipts clients...
Positive Q1 for BNY Mellon
24 April 2015 | New York | Reporter: Stephanie Palmer
BNY Mellon has released its figures for Q1 2015, revealing a 3 percent increase in asset servicing fees, increased assets under custody and administration, and a record high in assets under management...
FCA hits BNY Mellon with £126m custody failing fine
16 April 2015 | London | Reporter: Stephanie Palmer
BNY Mellon London branch and BNY Mellon International has been fined £126 million by the UK’s Financial Conduct Authority (FCA) for failing to comply with its custody rules...
‘Lacklustre’ March for US pension plans, says ISSG
08 April 2015 | New York | Reporter: Stephanie Palmer
The funded status of typical US corporate pension plans fell by 0.4 percentage points in March 2015, declining to 87.2 percent, according to the BNY Mellon Investment Strategy and Solutions Group...
R&M Investor Services Survey 2015: the results are in
01 April 2015 | London | Reporter: Mark Dugdale
BNY Mellon and State Street have topped The Experts portion of the R&M 2015 Investor Services Survey, with fund managers backing the custodians...
BNY Mellon chosen by Canadian Solar
24 March 2015 | New York | Reporter: Stephen Durham
BNY Mellon, through its subsidiary BNY Trust Company of Canada, has been appointed depositary and collateral agent by Canadian Solar, a manufacturer of solar panels and a provider of solar energy solutions, for four power plants in Ontario, Canada...
BNY Mellon names head of corporates and insurance
23 March 2015 | New York | Reporter: Becky Butcher
BNY Mellon has appointed Kathleen Scott to a newly created role to lead corporate and insurance activities within the bank’s corporate trust business in the US...
BNY Mellon depository for French hotels
06 March 2015 | Paris | Reporter: Stephanie Palmer
BNY Mellon has been appointed as depository bank for French hotel operator Accor SA, for its sponsored ADR programme...
BNY Mellon re-thinks Q4 2014
19 February 2015 | New York | Reporter: Stephanie Palmer
BNY Mellon has made adjustments to its Q4 2014 financial results in order to include an additional after-tax litigation expense of $598 million...
BNY Mellon appointed depository for Burberry
12 February 2015 | London | Reporter: Stephanie Palmer
BNY Mellon has been appointed as depository bank for the ADR programme of British fashion brand Burberry Group...
Decline in US pension plans, says BNY Mellon
05 February 2015 | New York | Reporter: Stephanie Palmer
The funded status of typical US corporate pension plans declined by 4.9 percentage points to 82.4 percent in January, according to BNY Mellon’s Investment Strategy and Solutions Group...
BNY Mellon to service Ontario’s green bond
03 February 2015 | Toronto | Reporter: Stephanie Palmer
BNY Mellon has been appointed as fiscal agent, registrar principal paying agent and transfer agent for the Province of Ontario on the issuance of its first green bond...
BNY Mellon and Deutsche AWM seal the deal
02 February 2015 | New York | Reporter: Stephanie Palmer
BNY Mellon has signed an agreement with Deutsche Asset and Wealth Management to provide real estate and infrastructure fund administration services...
BNY Mellon secures sub-custody mandate
13 January 2015 | Edinburgh | Reporter: Stephanie Palmer
BNY Mellon has been selected as sub-custodian for Multrees Investor Services, an Edinburgh-based specialist provider of outsourced support services for asset managers and family offices...
BNY Mellon recruits for client service delivery
07 January 2015 | New York | Reporter: Becky Butcher
BNY Mellon has appointed Douglas Shulman as senior executive vice president and global head of client service delivery...
Pirum reaches RQV automation milestone
18 December 2014 | London | Reporter: Stephen Durham
Pirum Systems Tri-party RQV Automation service, live with both JP Morgan and BNY Mellon, has reached a significant milestone with processed RQVs reaching over $130 billion daily...
Spaulding Group lays down benchmark cost guidelines
17 December 2014 | New York | Reporter: Stephanie Palmer
The Spaulding Group has released a set of custodian guidelines for transparency in benchmark cost, partnering up with three custodian banks; BNY Mellon, State Street and Northern Trust...
BNY Mellon appointed for DIFC sukuk
15 December 2014 | Dubai | Reporter: Stephanie Palmer
BNY Mellon has been appointed to act as delegate, principal paying agent, registrar and transfer agent for a new sukuk launched by the Dubai International Financial Centre Investments LLC...
BNY Mellon reports tripled DR figures
15 December 2014 | New York | Reporter: Stephanie Palmer
BNY Mellon has announced its highest level of depository receipts since the financial crisis, with figures more than tripling from 2013...
Concerns over compliance costs in 2015
12 December 2014 | London | Reporter: Stephanie Palmer
Asset managers, pension funds, banks and insurers expect to spend more on tax and regulations in 2015 and the following years, according to a poll by BNY Mellon at its annual Tax and Regulatory Forum...
BNY Mellon supports new rules in Romania
10 December 2014 | Bucharest | Reporter: Stephanie Palmer
BNY Mellon has welcomed new rules that make it easier for foreign investors to buy securities in Romanian companies...
BNY Mellon appoints new Middle East leadership team
17 November 2014 | Dubai | Reporter: Becky Butcher
BNY Mellon has made key changes to its leadership team in the United Arab Emirates (UAE) and wider Middle East and Africa region...
BNY Mellon appointed for another GDR programme
11 November 2014 | Moscow | Reporter: Stephanie Palmer
BNY Mellon has been selected to act as depository bank for Eurasia Drilling Company’s global depository receipt programme...
Still work to do for European insurers
05 November 2014 | London | Reporter: Stephen Durham
Research by BNY Mellon and Insurance Risk magazine has identified growing pressure on firms as they face more intense demands on collateral...
Trustco chooses BNY Mellon for first Namibian ADR
27 October 2014 | Windhoek | Reporter: Stephanie Palmer
Trustco Group Holdings has appointed BNY Mellon as depository bank as it becomes the first Namibian company to launch an ADR...
BNY Mellon appoints new chief risk officer
24 October 2014 | New York | Reporter: Stephanie Palmer
BNY Mellon has appointed James Wiener as its new chief risk officer and executive vice president, effective from 24 November 2014...
BNY Mellon's billion-dollar Q3
20 October 2014 | New York | Reporter: Mark Dugdale
BNY Mellon earned almost $1 billion in asset servicing fees during Q3 2014, an impressive 6 percent higher than 2013...
BNY Mellon to close European derivatives clearing
09 October 2014 | Frankfurt | Reporter: Mark Dugdale
BNY Mellon is closing its European derivatives clearing business following a delay in the implementation of European Market Infrastructure Regulation mandatory clearing rules...
US corporate pension plans take a hit
03 October 2014 | New York | Reporter: Stephen Durham
Falling stock markets drove the funded status for the typical US corporate pension plan to 89.9 percent during September, the lowest level since August 2013, according to the BNY Mellon’s ISSG...
Enhanced service for UK pension funds
23 September 2014 | London | Reporter: Catherine Van de Stouwe
BNY Mellon and Redington are teaming up to offer Redington’s pension fund clients an enhanced asset and liability risk reporting service...
Changing the face of global payments
22 September 2014 | London | Reporter: Catherine Van de Stouwe
Tech-savvy entrepreneurs, according to BNY Mellon’s latest report, are transforming the global payments market...
Syndicated loans to provide collateral
16 September 2014 | New York | Reporter: Catherine Van de Stouwe
Alternative Loan Financing (ALF) has been launched by BNY Mellon that will provide an alternative structure for US syndicated loans to be used as eligible collateral in a wide range of financing solutions...
BNY Mellon successor for PIK Group's GDR
16 September 2014 | London | Reporter: Catherine Van de Stouwe
BNY Mellon is to be the successor depositary for JSC PIK Group’s global depositary receipt group (GDR) programme...
GASB 67 requirements incorporated by BNY Mellon
15 September 2014 | New York | Reporter: Catherine Van de Stouwe
BNY Mellon has launched a new reporting and performance analytics solutions to help US public pension funds comply with GASB 67 requirements...
Financial services missing the millennial
15 September 2014 | London | Reporter: Catherine Van de Stouwe
Financial service providers are failing to connect with millennials, according to research by BNY Mellon and the University of Oxford...
BNY Mellon to be depositary for iDream
11 September 2014 | New York | Reporter: Catherine Van de Stouwe
iDreamSky Technology has asked BNY Mellon to be its depositary bank for its American depositary receipt (ADR) program.
Three-horse race to be RMB hub
10 September 2014 | Singapore | Reporter: Catherine Van de Stouwe
By 2020, London and Singapore could emerge as the two dominant offshore renminbi (RMB) hubs alongside Hong Kong, according to BNY Mellon’s Fred DiCocco...
Hinshaw joins BNY Mellon's board of directors
09 September 2014 | New York | Reporter: Catherine Van de Stouwe
Executive vice president of technology and operations at HP, John Hinshaw, has joined BNY Mellon’s board of directors...
CSD milestone for BNY Mellon
03 September 2014 | London | Reporter: Catherine Van de Stouwe
CME Clearing Europe is to be the first external client of BNY Mellon CSD SA/NV, the company’s Belgium-based central securities depositary (CSD), with the first securities transaction settled in late August...
Partnership to aid German/APAC trade
27 August 2014 | London | Reporter: Catherine Van de Stouwe
A trade processing partnership has been signed between BNY Mellon, Helaba (Landesbank Hessen-Thuringen) and the G25, which represents the 25 largest Sparkassen in Germany...
Future looks bright for India DRs
12 August 2014 | Mumbai | Reporter: Catherine Van de Stouwe
Indian corporates consider the US, Singapore and the UK as the top three most strategically important countries for new sources of investment over the next five years, according to a survey by BNY Mellon...
BNY Mellon to keep the US EMIR compliant
28 July 2014 | London | Reporter: Catherine Van de Stouwe
BNY Mellon will provide European Market Infrastructure Regulation (EMIR) compliant clearing and custody services for US treasuries within the NASDAQ OMX Group’s new clearing business...
Asset servicing revenue growth for BNY Mellon
23 July 2014 | New York | Reporter: Catherine Van de Stouwe
BNY Mellon has reported a 3 percent rise in asset servicing revenue with long-term outflows totalling at $13 billion and short-term outflows reaching $18 billion...
US is the place to be for DR capital
22 July 2014 | New York | Reporter: Catherine Van de Stouwe
According to BNY Mellon’s Depositary Receipts 2014 Midyear Update, international companies continue to turn to the US stock exchanges to connect with American investors for their initial public offerings and subsequent capital raising activities...
Compliance shortfall on eve of AIFMD deadline
21 July 2014 | London | Reporter: Catherine Van de Stouwe
Research by BNY Mellon shows a compliance shortfall among alternative investment funds (AIFs) on the eve of the 22 July deadline for Alternative Investment Fund Managers Directive (AIFMD) authorisation...
BNY Mellon provides custody in Germany
16 July 2014 | Frankfurt | Reporter: Catherine Van de Stouwe
BNY Mellon has been selected by Marble House Capital to provide custody services and related control functions to a range of portfolio funds and future retail alternative investment funds (AIFs) and special AIFs...
BNY Mellon get AIFMD authorisation
16 July 2014 | London | Reporter: Catherine Van de Stouwe
BNY Mellon has received formal approval from the Financial Conduct Authority (FCA) to provide trustee and depositary services to alternative investment funds (AIFs) under the Alternative Investment Fund Manager Directive (AIFMD)...
BNY Mellon to bag real estate fund finance business
10 July 2014 | New York | Reporter: Tammy Facey
BNY Mellon has entered an agreement with Deutsche Asset & Wealth Management (DeAWM), for $47.6 billion in assets...
BNY Mellon appoints country executive in Germany
10 July 2014 | Dusseldorf | Reporter: Tammy Facey
BNY Mellon has appointed Werner Taiber as country executive in Germany, effective 1 July...
A new head of distribution for BNY Mellon
09 July 2014 | New York | Reporter: Catherine Van de Stouwe
BNY Mellon Investment Management has named Joseph Moran as head of private bank and registered investment advisor (RIA) distribution...
BNY Mellon and DeAWM enter real estate negotiations
03 July 2014 | New York | Reporter: Catherine Van de Stouwe
BNY Mellon is in negotiation with Deutshe Asset & Wealth Management (DeAWM) to provide fund administration outsourcing services...
BNY Mellon to be BlackRock’s custodian for UK’s TTF
30 June 2014 | London | Reporter: Catherine Van de Stouwe
BNY Mellon has been selected by BlackRock to provide custody, fund administration and trustee services for the UK’s first Tax Transparent Fund (TTF)...
BNY Mellon is custodian for Finland’s State Pension Fund
27 June 2014 | Helsinki | Reporter: Catherine Van de Stouwe
BNY Mellon has been appointed as global custodian of Valtion Eläkerahasto (VER), the state pension fund of Finland...
BNY Mellon creates markets group
26 June 2014 | New York | Reporter: Tammy Facey
BNY Mellon is merging key businesses ahead of the departure of three executives...
BNY Mellon to provide retirement solutions
23 June 2014 | New York | Reporter: Catherine Van de Stouwe
BNY Mellon has revealed plans to launch home equity retirement solutions later this year...
BNY Mellon’s OnCore for investment arrangements
18 June 2014 | New York | Reporter: Catherine Van de Stouwe
BNY Mellon is launching an online portal that offers transparency and oversight to investment managers that have outsourced their middle-office operations...
Three is the lucky number for HedgeMark
16 June 2014 | New York | Reporter: Catherine Van de Stouwe
BNY Mellon’s wholly owned accounts provider, HedgeMark, has appointed three new senior executives to the firm’s New York office...
Macquarie hires duo in transition management
12 June 2014 | London | Reporter: Tammy Facey
Macquarie has recruited BNY Mellon colleagues Mark Dwyer and Graham Cook...
Pershing launches a multi-custodian platform
11 June 2014 | Florida | Reporter: Tammy Facey
BNY Mellon subsidiary Pershing has launched a multi-custodian managed investments platform...
Everest Re appoints BNY Mellon
02 June 2014 | New York | Reporter: Stephen Durham
BNY Mellon has been appointed indenture trustee, reinsurance trustee, registrar and paying agent for the $450 million Kilimanjaro catastrophe (cat) bond transaction sponsored by Everest Re...
BNY Mellon becomes global custodian for Connecticut
30 May 2014 | Hartford | Reporter: Mark Dugdale
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The Connecticut State Treasurer's Office has confirmed BNY Mellon as the global custodian for the state’s $28.5 billion public pension plans and trusts...
BNY Mellon chooses Kardassis as new chair of enterprise
27 May 2014 | New York | Reporter: Tammy Facey
BNY Mellon has appointed Nikos Kardassis to oversee its enterprise product management group...
Columbus International gives bond roles to BNY Mellon
19 May 2014 | New York | Reporter: Tammy Facey
Columbus International has appointed BNY Mellon as trustee, paying agent, registrar and transfer agent for its $1.25 billion corporate bond issuance...
NAB deploys new analytics system
06 May 2014 | Melbourne | Reporter: Stephen Durham
National Australia Bank’s (NAB) asset servicing business has deployed a new investment performance and risk analytic system from Eagle Investment Systems, a subsidiary of BNY Mellon, to help clients manage their investments...
BNY Mellon buys remaining piece of HedgeMark
02 May 2014 | US | Reporter: Tammy Facey
HedgeMark International will become a part of BNY Mellon’s asset servicing business, following the bank’s full acquisition of the service provider...
AUC and AUA increase at BNY Mellon
02 May 2014 | New York | Reporter: Mark Dugdale
Assets under custody and/or administration at BNY Mellon amounted to $27.9 trillion at the end of March, an increase of 6 percent compared to 2013 and 1 percent over the previous quarter...
Bahamas appoints BNY Mellon for agent roles
30 April 2014 | Bahamas | Reporter: Tammy Facey
BNY Mellon has taken on a number of agent roles for the Bahamas’ $300 million bond issuance...
BNY Mellon makes Ryland Pruett national sales manager
22 April 2014 | US | Reporter: Tammy Facey
The Dreyfus Corporation adds a new face to its national sales team for parent company BNY Mellon...
BNY Mellon gains a new head in the Asia Pacific
15 April 2014 | Hong Kong | Reporter: Tammy Facey
Filippo Santilli is the new head of Asia-Pacific sales and relationship management for BNY Mellon’s global collateral services business....
BNY Mellon takes Volkswagen's wheel
03 April 2014 | London | Reporter: Georgina Lavers
BNY Mellon has been appointed account bank and paying agent by Volkswagen Financial Services AG on a €3 billion asset-backed security (ABS) warehousing programme for auto leases...
BNY Mellon and AP7 together again
25 March 2014 | Sweden | Reporter: Georgina Lavers
BNY Mellon has been reappointed by Swedish state pension fund Sjunde AP-fonden (AP7) to provide global custody and collateral services to assets valued at $28.8 billion...
BNY Mellon catches Phoenix account
24 March 2014 | Phoenix | Reporter: Georgina Lavers
BNY Mellon has been chosen by the City of Phoenix Employees' Retirement System (COPERS) to provide custody, accounting, and securities lending solutions to plan assets valued at $2 billion...
BNY Mellon CSD is green-lit and ready
04 March 2014 | Luxembourg | Reporter: Georgina Lavers
BNY Mellon’s Brussels-based central securities depository, BNY Mellon CSD SA/NV, has been accepted as a recognised system for settling transactions in securities listed on the two markets operated by the Luxembourg Stock Exchange...
Frank La Salla takes the weight off of Pandiri
03 March 2014 | New York | Reporter: Georgina Lavers
BNY Mellon has appointed Frank La Salla as CEO of its alternative investment services (AIS) business, a role that Samir Pandiri has held for the past two years...
BNY Mellon strikes deal with Croydon Fund
27 February 2014 | London | Reporter: Stephen Durham
BNY Mellon has been reappointed by the London Borough of Croydon Pension Fund to provide custody, fund administration and cash management services to assets valued at £668 million...
BNY Mellon to acquire HedgeMark in full
24 February 2014 | New York | Reporter: Stephen Durham
BNY Mellon has signed an agreement to acquire the remaining 65 percent interest of HedgeMark International LLC, a current affiliate and a provider of hedge fund managed account and risk analytic services...
Investment risk becomes more of an issue
18 February 2014 | New York | Reporter: Georgina Lavers
Institutional investors expect risk management to play an even greater role in the investment decision process in the future, according to a new study by BNY Mellon and Nobel Prize-winning economist Dr. Harry Markowitz...
BNY Mellon picks up Aon Hewitt mandate
06 February 2014 | London | Reporter: Georgina Lavers
BNY Mellon has scored a fund administration and securities lending mandate with Aon Hewitt on two of its Irish-domiciled fund ranges with assets of roughly £4 billion...
BNY Mellon wins Somerfield mandate
27 January 2014 | London | Reporter: Daniel Jackson
BNY Mellon has been appointed to provide custody and investment accounting for Somerfield Pension Scheme-managed assets worth £800 million...
BNY Mellon is depository for novel hybrid bonds
15 January 2013 | Madrid | Reporter: Georgina Lavers
BNY Mellon is now the paying agent, common depositary and fiscal agent on a tranche of hybrid bonds issued by Telefónica Europe B.V...
BNY farms for funds
09 January 2014 | London | Reporter: Georgina Lavers
BNY Mellon is, for the first time, providing depository and related services in Germany for closed alternative investment funds investing in property, agriculture, private equity and renewable energies...
BNY Mellon asset management unifies data
08 January 2014 | New York | Reporter: Georgina Lavers
Markit’s enterprise data management platform has been chosen by BNY Mellon Asset Management to unify significant components of its data management operations and eliminate manual processes...
BNY Mellon capitalises on CLO recovery
18 December 2013 | London | Reporter: Georgina Lavers
BNY Mellon has been appointed trustee and portfolio administrator on Avoca Capital CLO X Limited, a €311 million collateralised loan obligation (CLO)...
NSD and BNY Mellon collaborate on depository receipts
17 December 2013 | London | Reporter: Daniel Jackson
Russian-based investors and brokers will be able to issue and cancel depository receipts in Russian companies thanks to an agreement between the National Settlement Depository (NSD), Russia’s central securities depository, and BNY Mellon...
BNY Mellon introduces AIFMD service
11 December 2013 | London | Reporter: Georgina Lavers
BNY Mellon has announced a new service for fund managers that aims to help them identify, aggregate and manage the regulatory reporting requirements of the Alternative Investment Fund Manager’s Directive (AIFMD)...
BNY Mellon introduces liquidity administration service
10 December 2013 | London | Reporter: Daniel Jackson
BNY Mellon has introduced a new liquidity administration service as part of its fund of hedge fund offering...
BNY Mellon hires Lars Hella for German depotbank
27 November 2013 | London | Reporter: Georgina Lavers
BNY Mellon has hired Lars Hella as head of depotbank services in Germany...
Calastone on automatic high
25 November 2013 | London | Reporter: Georgina Lavers
Four third party administrators, including BNY Mellon and Northern Trust are to use Calastone for automated re-registration...
BNY Mellon expands dealing services for Asia-Pac
14 November 2013 | Tokyo | Reporter: Georgina Lavers
BNY Mellon has expanded its global markets capabilities with the launch of a new Asia-Pacific capital markets business through The Bank of New York Mellon Securities Company Japan, based in Tokyo...
BNY Mellon and Global Prime Partners team up
07 November 2013 | London | Reporter: Mark Dugdale
BNY Mellon’s broker-dealer services business will provide clearing and custody services to Global Prime Partners’s emerging investment manager clients...
BNY Mellon's Lou Maiuri moves to State Street
07 November 2013 | Boston | Reporter: Mark Dugdale
Lou Maiuri has left his role as executive vice president and deputy CEO of asset servicing at BNY Mellon to move to State Street, sources have confirmed...
Foreign currency to thank for BNY Mellon’s AUC growth
21 October 2013 | New York | Reporter: Georgina Lavers
BNY Mellon recorded a 4 percent increase in assets under custody year-on-year for Q3 2013...
BNY Mellon picks up lucrative Hawaii mandate
10 October 2013 | Hawaii | Reporter: Georgina Lavers
BNY Mellon has been named global custodian by the Employees’ Retirement System of the State of Hawaii (HIERS), encompassing more than $12.3 billion in pension fund assets...
Kentucky names BNY Mellon as custodian
09 October 2013 | New York | Reporter: Mark Dugdale
Kentucky Retirement Systems has named BNY Mellon as its global custodian. The bank will provide global custody, cash management, foreign exchange, private equity administration, and a range of global risk solutions services..
European fund managers await hefty bill
09 October 2013 | London | Reporter: Georgina Lavers
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Regulatory change could cost European fund managers up to $500 million per annum, according to study by BNY Mellon and EY...
BNY Mellon hires in Ireland for private equity aid
01 October 2013 | Dublin | Reporter: Georgina Lavers
BNY Mellon has appointed Eamon Burns as its new regional head of private equity accounting for Europe, Middle East and Africa (EMEA) within the company’s asset servicing business...
BNY Mellon profits off of NAB alliance
24 September 2013 | Sydney | Reporter: Georgina Lavers
BNY Mellon has capitalised on its new alliance with National Australia Bank, assuming responsibility for administration of the private equity holdings for Telstra Super, a NAB customer...
Private equity waterfalls at BNY Mellon
24 September 2013 | Boston | Reporter: Georgina Lavers
BNY Mellon has created an enhanced distribution 'waterfall' capability as part of its private equity fund services...
BNY Mellon company Pershing picks SunGard
20 August 2013 | New Jersey | Reporter: Georgina Lavers
Pershing LLC, a BNY Mellon company, has selected SunGard to provide market connectivity to its newest international broker-dealer in Canada...
NYC opts for State Street
23 July 2013 | New York | Reporter: Mark Dugdale
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State Street is in line to replace BNY Mellon as the master custodian of New York City’s five pension funds. The city’s comptroller John Liu said that State Street’s proposal was the cheapest to emerge from an open bidding process...
2Q 2013 reflects high asset servicing revenue for BNY Mellon
23 July 2013 | New York | Reporter: Georgina Lavers
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Assets under custody and/or administration for BNY Mellon's second quarter amounted to $26.2 trillion at 30 June 2013...
Three custodian banks face ratings review
03 July 2013 | New York | Reporter: Mark Dugdale
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BNY Mellon, State Street and Northern Trust are facing reviews of their long-term ratings because of narrow margins in core custody services and an over reliance on ancillary services such as securities lending, according to Moody’s...
BNY Mellon receives key collateral patent
26 June 2013 | New York | Reporter: Mark Dugdale
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BNY Mellon has been awarded a US patent for a process enabling the secure management of collateral between counterparties via its Margin DIRECT service...
NAB and BNY Mellon strengthen 20 year alliance
25 June 2013 | Sydney | Reporter: Georgina Lavers
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National Australia Bank and BNY Mellon are to offer additional support to customers of both firms, as well as the opportunity to introduce an expanded suite of products and services...
BNY names Chan head of asset servicing APAC
19 June 2013 | Singapore | Reporter: Jenna Jones
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BNY Mellon has appointed Michael Chan as Asia-Pacific head of asset servicing. He was previously managing director and head of sales and business development for BNY Mellon’s asset servicing business in Asia...
Mazor Robotics appoints BNY Mellon as depository
14 June 2013 | New York | Reporter: Jenna Jones
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Mazor Robotics has named BNY Mellon as depository bank for its American depository receipt (ADR) programme...
BNY Mellon shines a light on Chinese retailer
14 June 2013 | New York and Hong Kong | Reporter: Jenna Jones
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LightInTheBox Holding Co. has appointed BNY Mellon as depository bank for its American depositary receipt (ADR) programme...
BNY Mellon increases scope of ING IM mandate
13 June 2013 | New York | Reporter: Mark Dugdale
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BNY Mellon has taken on more work from the US arm of ING Investment Management, expanding on its mutual funds mandate to include the provision of fund accounting and administration, custody, and transfer agency services for two saving plans...
BNY Mellon names Pamplin as EMEA head of client service
29 May 2013 | London | Reporter: Jenna Jones
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BNY Mellon has recruited Jeff Pamplin as head of client service management in EMEA for its alternative investment services (AIS) business. He will be based in Dublin and report to Carol Andrews, head of AIS EMEA service delivery...
BNY Mellon's CSD brushes up on T2S
20 May 2013 | London | Reporter: Georgina Lavers
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BNY Mellon has signed a framework agreement with the Eurosystem to allow it to outsource settlement to the T2S settlement platform...
Pershing and BNY combine bank and brokerage custody
17 May 2013 | Jersey City | Reporter: Jenna Jones
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Pershing Advisor Solutions and BNY Mellon’s wealth management advisory custody group have consolidated their bank and brokerage custody offering into a single service...
BNY Mellon increases outsourcing with River and Mercantile
13 May 2013 | London | Reporter: Georgina Lavers
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BNY Mellon will provide River and Mercantile Asset Management middle and back office solutions for assets valued at $3.1 billion...
FinEx selects BNY Mellon as custodian for Russian ETF
02 May 2013 | New York | Reporter: Jenna Jones
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FinEx Group has chosen BNY Mellon to provide custody and fund administration for its Russian exchange-traded fund...
BNY Mellon tweaks transfer agency offering
01 May 2013 | London | Reporter: Georgina Lavers
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BNY Mellon has made more adjustments to its global transfer agency offering with a new retrocession servicing capability that aims to enable asset managers to process fees and commissions more efficiently...
Banco General opts for BNY Mellon
01 May 2013 | New York | Reporter: Jenna Jones
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Banco General has appointed BNY Mellon as trustee, registrar, transfer agent, paying agent and securities intermediary for its $100 million diversified payment rights (DPR) bond issuance...
Bank Hapoalim selects BNY Mellon for US custody
24 April 2013 | London | Reporter: Jenna Jones
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Israeli financial institution, Bank Hapoalim and its institutional servicing subsidiary Poalim Sahar has chosen BNY Mellon to provide US custody services...
BNY Mellon's combined AUM/AUC is on the up
19 April 2013 | New York | Reporter: Mark Dugdale
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BNY Mellon’s assets under custody and/or administration amounted to $26.3 trillion at 31 March, an increase of 2 percent over the previous year, but it was unchanged sequentially...
British Airways opts for BNY Mellon
17 April 2013 | New York and London | Reporter: Jenna Jones
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British Airways Pension Fund has selected BNY Mellon to provide OTC derivatives and collateral management services...
BNY Mellon to provide custody for van Biema Value Partners
11 April 2013 | New York | Reporter: Georgina Lavers
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BNY Mellon has been selected to provide global custody, fund administration, foreign exchange and cash management services for a new fund of hedge fund strategy...
BNY Mellon dons its Howard gown
05 April 2013 | New York | Reporter: Georgina Lavers
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BNY Mellon has been named as custodian for Howard University's $1.1 billion endowment and pension plan...
SEB mandates BNY Mellon
21 March 2013 | London | Reporter: Jenna Jones
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SEB Investment Management AB has chosen BNY Mellon to provide fund administration services for more than 150 funds valued at €40 billion...
BNY appoints new head of sales for asset servicing
20 March 2013 | Frankfurt | Reporter: Jenna Jones
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Andrea Sturm has been named BNY Mellon’s new head of sales for asset servicing in the German speaking and central and Southeastern European region...
BNY Mellon launches Form PF reporting solution
20 March 2013 | New York and London | Reporter: Jenna Jones
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BNY Mellon has developed a reporting solution that enables its alternative investment clients to prepare and file Form PF...
BNY Mellon announces new risk management service
19 March 2013 | New York | Reporter: Jenna Jones
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BNY Mellon has launched Risk View, a new risk management service that delivers enhanced investment transparency across all asset classes, including equities, fixed income and alternatives...
BNY Mellon adds five to global derivatives clearing team
19 March 2013 | New York and London | Reporter: Jenna Jones
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BNY Mellon has expanded its global derivatives clearing team with five new appointments in the US and Europe...
BNY names Debra Baker as head of global risk group
26 February 2013 | New York | Reporter: Jenna Jones
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Debra Baker has been hired to lead BNY Mellon’s new global risk solutions group...
BNY Mellon is paying agent for $3 billion telecoms programme
12 February 2013 | Qatar | Reporter: Georgina Lavers
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BNY Mellon has been appointed principal paying agent, registrar, exchange agent, and transfer agent for Qtel International Finance Limited's (QIFL) new $3 billion Global Medium Term Note (GMTN) programme...
David Aldrich leaves BNY Mellon
05 February 2013 | London | Reporter: Jenna Jones
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A BNY Mellon spokesperson has confirmed that David Aldrich left the firm after nine years at the end of 2012 to pursue other opportunities...
BNY Mellon feels the green as new administrator for Coutts
31 January 2013 | London | Reporter: Georgina Lavers
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BNY Mellon is the new fund administrator for Coutts’ new Irish-domiciled UCITS funds range, Coutts multi asset funds...
Comerica ousts BNY Mellon as custodian of Graybar Electric
31 January 2013 | St Louis | Reporter: Georgina Lavers
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St. Louis-based Graybar Electric Company has chosen Comerica Bank and ousted BNY Mellon as global custodian and trustee of its $400 million defined benefit plan...
Aston Funds’ BNY Mellon bond still going strong
30 January 2013 | New York | Reporter: Jenna Jones
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Aston Funds has renewed its relationship with BNY Mellon. The 16-year affiliation sees BNY Mellon provide the firm with custody, fund accounting and sub-administration, regulatory administration and transfer agency services...
BNY Mellon to deposit for Hugo Boss
24 January 2013 | New York | Reporter: Georgina Lavers
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BNY Mellon will act as depository bank for luxury apparel maker Hugo Boss for its sponsored American Depositary Receipt (ADR) programme...
BNY Mellon is interactive with asset servicing clients
23 January 2013 | Boston | Reporter: Georgina Lavers
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BNY Mellon has introduced its Interactive Analytics Report (IAR), which are interactive reporting tools that accessible on the company's WorkbenchSM web platform...
BNY Mellon reports strong end for asset servicing in 2012
17 January 2013 | New York | Reporter: Georgina Lavers
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BNY Mellon’s asset servicing division experienced a good Christmas, with 4Q 2012 results for the bank reporting that assets under custody were up 9 percent year-on-year...
Fiera Capital gives BNY Mellon’s Eagle wings
10 January 2013 | Montreal | Reporter: Georgina Lavers
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Fiera Capital Corporation will implement the solutions of BNY Mellon subsidiary and provider of financial services technology, Eagle Investment Systems...
BNY Mellon establishes CSD
08 January 2013 | Brussels and London | Reporter: Jenna Jones
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BNY Mellon has received regulatory approval to launch a new issuer central securities depository (CSD) entity, offering market participants enhanced interoperability and efficiency...
BNY Mellon names Keaney CEO of investment services
17 December 2012 | New York | Reporter: Jenna Jones
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BNY Mellon has appointed Timothy Keaney as CEO of investment services, effective January 1 2013...
BNY Mellon enhances post-trade in Germany
13 December 2012 | Frankfurt | Reporter: Georgina Lavers
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BNY Mellon has improved its post-trade processing offering, Trade Director, to provide enhanced automated servicing for German clients...
BNY Mellon puts asset servicing clients on report
04 December 2012 | Boston | Reporter: Mark Dugdale
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BNY Mellon has developed a new suite of online report templates to address the changing needs of its asset servicing client base, which it recently expanded with the addition of Thomas Miller Investment...
KB Financial appoints BNY Mellon as depository
27 November 2012 | Korea | Reporter: Georgina Lavers
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BNY Mellon has been appointed by South Korean institution KB Financial as a depository bank for its American depositary receipt (ADR) programme...
Katarina Melvan new board member at BNY Mellon KAG
21 November 2012 | Frankfurt | Reporter: Georgina Lavers
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Katarina Melvan will be a new member of the executive board at BNY Mellon Service KAG effective 15 November 2012...
BNY Mellon offers Baylor College a helping hand
20 November 2012 | New York | Reporter: Jenna Jones
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Baylor College of Medicine has appointed BNY Mellon to a variety of trustee and agent roles to aid the restructuring of its $462 million debt, which comprises four bond issues...
BNY Mellon appoints Fred DiCocco for treasury services
15 November 2012 | Hong Kong | Reporter: Georgina Lavers
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BNY Mellon has appointed Fred DiCocco as head of sales & relationship management, treasury services, for Asia-Pacific...
BNY Mellon gets Brazilian banking licence
09 November 2012 | Rio de Janeiro | Reporter: Jenna Jones
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BNY Mellon will enhance its securities capabilities in Brazil after the Brazilian Central Bank issued it with a commercial banking licence...
BNY Mellon renews VRS custody contract
09 November 2012 | New York | Reporter: Jenna Jones
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BNY Mellon has extended its contract to provide custody banking services to the Virginia Retirement System (VRS). The renewed contract will last for five years with an option of extending for another five-year period...
BNY Mellon named as BrasilAgro's depositary bank
08 November 2012 | New York | Reporter: Jenna Jones
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BrasilAgro (Companhia Brasileira de Propriedades Agricolas) has appointed BNY Mellon as the depositary bank for its American depositary receipt (ADR) programme...
BNY Mellon appointed global custodian by Allianz Bank Bulgaria
06 November 2012 | Frankfurt | Reporter: Georgina Lavers
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BNY Mellon will provide global custody services to Allianz Bank Bulgaria, a subsidiary of Germany’s Allianz Group...
BNY Mellon seals the deal with Thomas Miller
30 October 2012 | London | Reporter: Jenna Jones
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Thomas Miller Investment (TMI) has signed a ten-year administration and custody outsourcing agreement with BNY Mellon...
BNY Mellon names Lewin head of sales for asset servicing
24 October 2012 | New York | Reporter: Jenna Jones
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BNY Mellon has appointed Marina Lewin head of sales for its asset servicing business in the Americas...
BNY Mellon in for the WIN
19 October 2012 | New York | Reporter: Jenna Jones
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WIN Semiconductors has chosen BNY Mellon as depositary for the listing and offering of its global depositary receipts...
BNY Mellon names Suri head of APAC intermediary distribution
15 October 2012 | London and New York | Reporter: Jenna Jones
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BNY Mellon has appointed Navin Suri as Asia-Pacific (APAC) head of intermediary distribution...
BNY Mellon lends a hand to Allianz Global Investors
08 October 2012 | Frankfurt | Reporter: Georgina Lavers
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BNY Mellon will provide outsourced accounting and data management solutions to a range of discretionary mandates managed by Allianz Global Investors...
BNY Mellon services 58th fund
04 October 2012 | New York | Reporter: Georgina Lavers
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BNY Mellon has been selected by Touchstone Investments to provide mutual fund accounting and administration, transfer agency and blue sky services...
BNY Mellon upgrades iFlow
03 October 2012 | New York | Reporter: Jenna Jones
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BNY Mellon has implemented major upgrades to iFlow, its web-based application for analysing global capital flows across asset classes...
BNY Mellon buys other half of asset management firm
02 October 2012 | London | Reporter: Jenna Jones
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BNY Mellon has bought the remaining 50 percent of its WestLB Mellon Asset Management scheme...
BNY Mellon appointed as depositary by Standard Bank
01 October 2012 | New York | Reporter: Georgina Lavers
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BNY Mellon has been appointed by Standard Bank as depositary for its sponsored American Depositary Receipt (ADR) programme. Previously, the South African bank...
BNY Mellon develops enterprise payment hub
19 September 2012 | New York | Reporter: Jenna Jones
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BNY Mellon’s treasury services business plans to develop an enterprise payment hub (EPH) for clients globally...
BNY Mellon to manage Munich funds
18 September 2012 | Frankfurt | Reporter: Georgina Lavers
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BNY Mellon will launch and manage VVO Haberger AG’s new Private Label Funds, via its affiliate BNY Mellon Service KAG...
Tim Keaney of BNY Mellon to discuss strategy
06 September 2012 | New York | Reporter: Georgina Lavers
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Timothy Keaney, vice chairman and chief executive officer of BNY Mellon Asset Servicing, and Thomas Gibbons, vice chairman and chief financial officer of BNY Mellon...
BNY Mellon strengthens German management team
28 August 2012 | Frankfurt | Reporter: Jenna Jones
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BNY Mellon has made a number of key senior management appointments in its German office...
Bravura Solutions signs 10-year deal with BNY Mellon
23 August 2012 | London | Reporter: Jenna Jones
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Financial software solutions company Bravura Solutions has signed a 10-year deal with BNY Mellon. The contract sees BNY Mellon continue the consolidation of its transfer agency technology onto Bravura’s platform...
Unum elects Keaney as director
17 August 2012 | Tennessee | Reporter: Georgina Lavers
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Unum Group has chosen Timothy Keaney, vice chairman of BNY Mellon and CEO of BNY Mellon Asset Servicing, as a director of the company...
BNY Mellon releases new mobile app
07 August 2012 | Boston | Reporter: Georgina Lavers
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BNY Mellon has a fourth release of Workbench(SM) Mobile, a mobile app that enables the firm's institutional clients to authorize instructions and securely access key reports and account information via their iPad or iPhone...
Balanced Pooled Funds sink in the second quarter
06 August 2012 | London | Reporter: Georgina Lavers
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Statistics released by BNY Mellon Asset Servicing today show that Balanced Pooled Funds had a difficult second quarter of 2012 with median returns sliding back into the red at -2.9 percent...
Marathon Asset Management puts trust in BNY Mellon
01 August 2012 | New York | Reporter: Georgina Lavers
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BNY Mellon has been appointed trustee, collateral administrator, paying agent and calculation agent by Marathon Asset Management for its $356 million collateralized loan obligation (CLO)...
BNY Mellon subsidiary Eagle teams with MicroStrategy
27 July 2012 | Boston | Reporter: Georgina Lavers
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Eagle Investment Systems, a subsidiary of BNY Mellon, has allied with MicroStrategy Incorporated, a provider of business intelligence software...
BNY Mellon will be depositary bank for Unicharm
26 July 2012 | New York | Reporter: Georgina Lavers
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BNY Mellon will be the sponsored depositary bank for Unicharm Corporation’s American depositary receipt (ADR) programme. Previously, Unicharm traded as an...
BNY Mellon scoops up $1 billion Taiwanese custody mandate
24 July 2012 | Taipei | Reporter: Georgina Lavers
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BNY Mellon will provide custody services and investment administration solutions in its new mandate of Taiwan’s Bureau of Labor Insurance...
Wim Hautekiet takes the reins at BNY Mellon SA/NV
20 July 2012 | Brussels | Reporter: Georgina Lavers
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Paul Bodart will retire following a 17-year career with BNY Mellon, with Wim Hautekiet taking over as CEO of its European banking entity The Bank of New York Mellon SA/NV...
BNY Mellon appointed by Menzis in the Netherlands
16 July 2012 | Amsterdam | Reporter: Georgina Lavers
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BNY Mellon, will provide custody and other value added services to Menzis, a Netherlands-based health insurance company. Based in Wageningen, Menzis has approximately €2 billion in assets...
BNY Mellon address OTC inconsistencies
13 July 2012 | New York and SIngapore | Reporter: Georgina Lavers
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The transformation of OTC derivatives markets globally is having a substantial impact on how derivatives are used, according to a BNY Mellon report...
Cencosud selects BNY Mellon as its ADR depository bank
02 July 2012 | New York | Reporter: Mark Dugdale
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Latin American retail conglomerate Cencosud has named BNY Mellon as the depository bank for its American depository receipt programme...
Eagle Investment Systems announces V12.0 release
21 June 2012 | Boston | Reporter: Georgina Lavers
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Eagle Investment Systems, a subsidiary of BNY Mellon, will release Eagle Version 12.0 at the end of June. John Lehner, president and chief executive officer of Eagle said...
Sun International looks to BNY Mellon for ADR programme
15 June 2012 | New York | Reporter: Mark Dugdale
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South Africa-based Sun International has appointed BNY Mellon as the depositary bank for its American depositary receipt programme...
Edward Watson is BNY Mellon’s new chief operations officer
07 June 2012 | New York | Reporter: Georgina Lavers
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BNY Mellon has named Edward Watson as executive vice president and chief operations officer. In this newly-created position, he will report to Kurt Woetzel, BNY Mellon's head...
BNY Mellon asset servicing vital to valuation
06 June 2012 | New York | Reporter: Georgina Lavers
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Forbes declared BNY Mellon’s asset servicing business crucial to its $27 per share market valuation...
Semiconductor company selects BNY Mellon in Taiwan
31 May 2012 | New York | Reporter: Mark Dugdale
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Himax Technologies has chosen BNY Mellon as the depository for its American depository receipts programme...
BNY Mellon appoints two for its outsourcing business
30 May 2012 | New York | Reporter: Mark Dugdale
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Paul Gately and John Lehner have joined from Eagle Investment Systems, a subsidiary of BNY Mellon...
BNY Mellon expands platform to German-speakers
23 May 2012 | Frankfurt | Reporter: Georgina Lavers
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BNY Mellon has launched a German-language version of its Workbench online reporting platform. In addition to adding local language functionality for German clients...
AdvisorShares mandates BNY Mellon
18 May 2012 | New York | Reporter: Georgina Lavers
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BNY Mellon has been selected by AdvisorShares to provide exchange-traded-fund services, custody, fund accounting and fund administration for the AdvisorShares Global Echo ETF...
Bravura bolsters its transfer agency team
14 May 2012 | London | Reporter: Georgina Lavers
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Formerly working in the product teams at J.P. Morgan and BNY Mellon, Andrew Palmer has joined Bravura as product manager for Rufus, the company’s transfer agency administration platform...
BNY Mellon new trustee of Silvermine
04 May 2012 | New York | Reporter: Georgina Lavers
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BNY Mellon has been appointed trustee, collateral administrator, paying agent and calculation agent by Silvermine Capital for its $450 million collateralised loan obligation (CLO)...
BNY Mellon to serve as depository for Brazilian investment bank
04 May 2012 | New York | Reporter: Mark Dugdale
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BNY Mellon has become the depository for BTG Global Depository Units to support the Brazilian investment bank’s global initial public offering...
BNY Mellon Appointed By NOW
25 April 2012 | London | Reporter: Justin Lawson
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BNY Mellon has been appointed to provide custody and investment administration solutions for NOW: Pensions’ new cost-efficient UK defined contribution workplace pension....
BNY Mellon teams up with Investor Analytics
23 April 2012 | New York | Reporter: Justin Lawson
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BNY Mellon teams up with Investor Analytics to introduce liability modeling to its risk management solution for institutional clients...
BNY Mellon builds relationship with Touchstone to 56 mutual funds
16 April 2012 | New York | Reporter: Georgina Lavers
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BNY Mellon is to expand its mutual fund accounting and administration and transfer agency services with Touchstone...
Chong Jin Leow new country executive of BNY Mellon
10 April 2012 | Hong Kong | Reporter: Georgina Lavers
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BNY Mellon has named Chong Jin Leow as country executive and general manager of the company's Singapore branch...
AQR choose BNY Mellon subsidiary Eagle
28 March 2012 | Boston | Reporter: Georgina Lavers
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BNY Mellon subsidiary Eagle Investment have been selected by AQR Capital Management to provide software that measures investment performance...
Brokers sign on to Pershing solution
27 March 2012 | London | Reporter: Georgina Lavers
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BNY Mellon subsidiary Pershing will provide its new solution GlobalClear to existing clients Bloxham, Execution Noble Ltd. and Northland Capital...
Ohio replaces custodians BNY Mellon and State Street
21 March 2012 | Ohio | Reporter: Georgina Lavers
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BNY Mellon and State Street are being swapped out for J.P. Morgan and Citigroup as custodians of international investments for four Ohio pension funds, state treasurer Josh Mandel said...
BNY Mellon to build new centre in Poland
09 March 2012 | Wroclaw | Reporter: Ben Wilkie
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BNY Mellon has announced its intention to create a new global delivery centre (GDC) based in Wroclaw, Poland as part of an ongoing strategy to optimise its infrastructure and support its global business plans...
BNY Mellon wins CZ Group mandate
06 March 2012 | Amsterdam | Reporter: Ben Wilkie
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BNY Mellon has been appointed by CZ Group to provide custody and value added services to support the launch of a new Fonds voor Gemene Rekening (FGR) pooled investment structure...
BNY Mellon selected by Washington State Treasurer
24 February 2012 | Washington | Reporter: Anna Reitman
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The Washington State Treasurer’s Office has selected BNY Mellon as the next statewide securities custody provider...
BNY Mellon and HSBC top in custody
21 February 2012 | London | Reporter: Anna Reitman
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BNY Mellon and HSBC shared a top spot as custody services providers in the most recent Dublin Trustee & Custody survey from R&M...
BNY Mellon launches OmniAccess
15 February 2012 | New York | Reporter: Anna Reitman
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BNY Mellon Asset Servicing has launched a service for fund asset managers and broker dealers that improves data transparency and efficiency on distributed funds through a centralised platform...
BNY Mellon to expand ETF servicing for AdvisorShares
03 February 2012 | New York | Reporter: Anna Reitman
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BNY Mellon has been selected to provide ETF fund services, custody, fund accounting and fund administration for AdvisorShares' new ETFs...
BNY Mellon automates hedge fund admin
26 January 2012 | London | Reporter: Anna Reitman
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BNY Mellon has enhanced its loan administration functionality to offer hedge funds and fund of hedge fund clients an automated solution with increased transparency...
BNY Mellon taps Anderson for VP sales at AIS
25 January 2012 | London | Reporter: Anna Reitman
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BNY Mellon has announced that Valeria Anderson will be taking a new role as senior salesperson, vice president in the London Alternative Investment Services business development team...
BNY Mellon in asset servicing shake-up
23 January 2012 | London | Reporter: Anna Reitman
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BNY Mellon has announced a reorganisation of its asset servicing management team...
BNY Mellon picks up Van Eck ETF mandate
18 January 2012 | New York | Reporter: Anna Reitman
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BNY Mellon has been selected to provide exchange-traded fund (ETF) services, custody, securities lending and fund accounting for the six new Market Vector Industry ETFs which recently launched...
BNY Mellon launches P&RA mobile app
11 January 2012 | Boston | Reporter: Anna Reitman
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BNY mellon is introducing a mobile dashboard application for its performance and risk analytics services offering...
BNY Mellon gets Direxion mandate
06 January 2012 | New York | Reporter: Anna Reitman
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BNY Mellon will be providing ETF services, custody, fund accounting and fund administration for two more Direxion funds...
BNY Mellon selected as Petrobras' depositary
03 January 2012 | London | Reporter: Anna Reitman
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BNY Mellon has announced its selection as successor depositary by Petrobras for the Brazilian energy giant's ADR program...
BNY Mellon gets Touchstone mutual fund mandate
08 December 2011 | New York | Reporter: Anna Reitman
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BNY Mellon has announced its selection by Touchstone Investments to provide mutual fund accounting and administration, transfer agency and "blue sky" services...
LCH.Clearnet names BNY Mellon as US collateral custodian
02 December 2011 | London | Reporter: Ben Wilkie
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LCH.Clearnet has named BNY Mellon as an additional US collateral custodian with which members and their clients may lodge collateral...
BNY Mellon gets global custodian mandate from CCB
01 December 2011 | Shanghai | Reporter: Anna Reitman
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BNY Mellon has been selected by China Construction Bank (CCB) as the global custodian for a new qualified domestic institutional investor (QDII) fund in China launched by Fortune SG...
BNY Mellon to snap up Penson's Australian ops
28 November 2011 | Dallas | Reporter: Anna Reitman
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Penson Worldwide has announced the sale of its Australian subsidiary to BNY Mellon for some $32 million...
BNY Mellon and Jefferies partner for clearing
18 November 2011 | New York | Reporter: Anna Reitman
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Jefferies has announced that its global execution and clearing services arm has been selected by BNY Mellon to provide support for its FCM offering...
BNY Mellon selected by BBVA for asset servicing
15 November 2011 | London | Reporter: Anna Reitman
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BNY Mellon has announced it has been selected to provide middle office services for BBVA Asset Management's global funds range...
BNY Mellon seals outsourcing deal with Bridgewater
15 November 2011 | New York | Reporter: Anna Reitman
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Bridgewater Associates has selected BNY Mellon to provide middle and back office outsourcing services in support of Bridgewater's diversified alpha and beta strategies...
BNY Mellon shares Denmark fund mandate
10 November 2011 | London | Reporter: Anna Reitman
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BNY Mellon has announced its joint appointment with Nykredit to provide global custody and fund administration services for Lønmodtagernes Dyrtidsfond’s (LD) professional investment fund assets.
BNY Mellon provides pro-bono corporate trust services for UK Charity
09 November 2011 | London | Reporter: Anna Reitman
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BNY Mellon has been appointed by the disability charity, Scope, to provide pro-bono corporate trust services for the first issuance of its £20 million charity bond programme...
BNY Mellon gets French, UK mandates and expands P&RA offering
03 November 2011 | London | Reporter: Anna Reitman
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BNY Mellon has announced two new mandates as well as an expansion of its performance and risk analytics offering...
BNY Mellon gets Haspa special funds mandate
01 November 2011 | Frankfurt | Reporter: Anna Reitman
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BNY Mellon has been appointed by Hamburger Sparkasse (Haspa) to provide technical services related to investment limit reviews in the German bank's depository business...
BNY Mellon gets Global Custody mandate for QDII Fund
22 October 2011 | Beijing | Reporter: Justin Lawson
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BNY Mellon has been selected by Industrial and Commercial Bank of China ("ICBC") as the global custodian for a new qualified domestic institutional investors ("QDII") fund in China launched by......
BNY Mellon in meeting Solvency II requirements
17 October 2011 | London | Reporter: Justin Lawson
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BNY Mellon launches Solvency II asset data reporting & governance solution, new offering allows clients to satisfy regulatory needs and industry best practice....
McEleney takes EMEA helm at BNY Mellon
13 October 2011 | London | Reporter: Ben Wilkie
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BNY Mellon has appointed Jim McEleney as chief operating officer for Europe, Middle East & Africa, based in London...
The "rise of custodian banks" - BNY Mellon
09 October 2011 | New York | Reporter: Anna Reitman
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Hedge funds are turning to custodians for services as the financial industry faces dramatic shifts, says BNY Mellon's CEO of ABDS.
BNY Mellon extends Eureko mandate
03 October 2011 | London | Reporter: Anna Reitman
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BNY Mellon has announced an extended €38 billion mandate with Eureko, a financial services group registered in the Netherlands, to provide global custody and value added services...
BNY Mellon to clear in Netherlands
27 September 2011 | London | Reporter: Anna Reitman
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BNY Mellon has announced that it will now provide custody and settlement services direct in the Netherlands...
BNY Mellon enhances collateral servicing platform
16 September 2011 | New York | Reporter: Justin Lawson
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BNY Mellon has enhanced its derivatives collateral servicing platform for institutional clients with new margin management capabilities delivered through a secure web-based portal.....
BNY Mellon boosts South African CRM team
09 September 2011 | Johannesburg | Reporter: Anna Reitman
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BNY Mellon has announced the appointment of two new relationship managers in South Africa...
BNY Mellon names new chief
01 September 2011 | New York | Reporter: Anna Reitman
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BNY Mellon has announced that Gerald Hassell, BNY Mellon's president and a board member since 1998, has been appointed chair and CEO effective immediately. Hassell also continues as BNY Mellon's president.
BNY Mellon to cut global workforce by 1,500
17 August 2011 | New York | Reporter: Anna Reitman
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BNY Mellon will be reducing its workforce by around 1,500 positions...
CCB picks BNY Mellon for QDII fund
17 August 2011 | Beijing | Reporter: Anna Reitman
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BNY Mellon has been selected by China Construction Bank as the global custodian...
BNY Mellon appoints country executive in Mexico
11 August 2011 | New York | Reporter: Anna Reitman
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BNY Mellon has appointed Diego Folino as the company's country executive in Mexico...
BNY Mellon appointed by BioLineRx
26 July 2011 | New York | Reporter: Ben Wilkie
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BNY Mellon has been selected by BioLineRx as the depositary bank for its American depositary receipt (ADR) programme...
BNY Mellon selected by Formula Investing Funds
26 July 2011 | New York | Reporter: Ben Wilkie
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BNY Mellon Asset Servicing has been selected to provide its mutual fund turnkey solutions product, FundVantage Trust, which includes fund accounting and administration, custody, transfer agency, and underwriter services, to Gotham Asset Management...
BNY Mellon launches iPad app
25 July 2011 | New York | Reporter: Ben Wilkie
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BNY Mellon has launched Workbench Mobile, a new app enabling the firm’s institutional clients to authorise instructions and securely access key reports and account information from their iPad...
BNY Mellon appoints new EMEA chairman
21 July 2011 | London | Reporter: Ben Wilkie
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BNY Mellon has appointed Michael Cole-Fontayn as its new chairman of Europe, Middle East & Africa (EMEA)...
Sub-transfer agency services selected
20 July 2011 | New York | Reporter: Justin Lawson
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BNY Mellon Asset Servicing has been selected to provide sub-transfer agency services for the Delaware Investments Family of Funds and Optimum Fund Trust, the mandate extends the existing outsourcing and mutual fund servicing relationship
US ETF assets expected to double by 2015
15 July 2011 | New York | Reporter: Ben Wilkie
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Assets in Exchange-Traded Funds (ETFs) in the US are expected to double to $2 trillion before the end of 2015, according to a new white paper from BNY Mellon and Strategic Insight...
BNY Mellon picks up Barclays mandate
23 June 2011 | London | Reporter: Justin Lawson
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BNY Mellon Asset Servicing, has been appointed by Barclays Wealth Funds Limited to provide transfer agency and fund accounting services to UK-domiciled assets valued at 4 billion pounds Sterling (US$6.4 million)......
BNY Mellon wins Direxion mandate
22 June 2011 | New York | Reporter: Ben Wilkie
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BNY Mellon Asset Servicing has been selected to provide exchange-traded fund (ETF) services, custody, fund accounting and fund administration for eight recently introduced leveraged ETFs and one non-leveraged ETF from Direxion Shares...
BNY Mellon Clearing International launched
17 June 2011 | Dublin | Reporter: Steven Lafferty
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BNY Mellon has launched a new company to clear futures and derivatives trades on behalf of institutional clients in Europe, Middle East and Africa. The new company BNY Mellon Clearing International Limited will be headquartered in Dublin.........
BNY Mellon AM names Harden Asia CEO
08 June 2011 | London | Reporter: Ben Wilkie
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BNY Mellon Asset Management has appointed Alan Harden CEO of Asia-Pacific...
BNY Mellon extends subaccounting service to 529 plans
01 June 2011 | New York | Reporter: Ben Wilkie
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BNY Mellon Asset Servicing has expanded its subaccounting services beyond mutual funds to include 529 plans, a type of tax-advantaged college savings plan...
BNY Mellon to provide transfer agency services to Lloyds
19 May 2011 | London | Reporter: Steven Lafferty
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BNY Mellon Corporate Trust appointed trustee, paying agent, calculation agent, Registrar and Transfer Agent for Lloyds Banking Group Issuance
BNY Mellon tops $400 billion in hedge fund AUM
18 May 2011 | New York | Reporter: Ben Wilkie
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BNY Mellon Alternative Investment Services (AIS) has topped $400 billion in assets under administration, making it the second largest provider of solutions to hedge funds, funds of hedge funds, and private equity investments globally...
BNY Mellon wins Textron mandate
12 May 2011 | New York | Reporter: Ben Wilkie
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BNY Mellon has been named global custodian for Textron Inc.'s employee defined benefit retirement plan, with $4.2 billion in assets...
James Slater to become global head of securities lending
09 May 2011 | New York | Reporter: Steven Lafferty
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BNY Mellon Asset Servicing, has announced that James Slater will become global head of securities lending following the retirement of Kathy Rulong on July 1, 2011.
Two promotions at BNY Mellon
22 April 2011 | New York | Reporter: Justin Lawson
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BNY Mellon has appointed Susan Skerritt to lead global product management & strategic development for treasury services, with Alan Verschoyle-King named head of global sales & relationship management. Both will report directly to J. David Cruikshank,
BNY Mellon appoints Stephen Lackey as chairman of Asia-Pacific
18 April 2011 | Hong Kong | Reporter: Ben Wilkie
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BNY Mellon has appointed Stephen Lackey as chairman of its Asia-Pacific region. Lackey succeeds Christopher Sturdy, who has been Asia-Pacific chairman since early 2008...
Wiegel appointed as head of business development, Benelux
13 April 2011 | Amsterdam | Reporter: Justin Lawson
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J.P. Morgan expands Worldwide securities services presence in Benelux by appointing Rene Wiegel as head of business development, most recently, Wiegel was managing director, head of sales for Benelux and Switzerland, at BNY Mellon.....
Malvey to head new unit at BNY Mellon
31 March 2011 | London | Reporter: Ben Wilkie
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BNY Mellon Asset Management has named Jack Malvey chief global market strategist and director of the newly formed BNY Mellon Center for Global Investment & Market Intelligence...
BNY Mellon Asset Servicing enhances Workbench platform
17 March 2011 | Boston | Reporter: Justin Lawson
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BNY Mellon has a new capability that integrates investment-level information on client private equity portfolios – sourced from the Burgiss Group – and makes it available via BNY Mellon Asset Servicing's Workbench™ portal.
Lynde & Harry Bradley select BNY Mellon for global custody
09 March 2011 | New York | Reporter: Justin Lawson
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BNY Mellon have been named custodian for $600 million in funds administered by the Lynde & Harry Bradley Foundation. BNY Mellon Asset Servicing will provide global custody and accounting services, private investment accounting, as well as.....
BNY Mellon wins Mitel mandate
22 February 2011 | Jersey City | Reporter: Ben Wilkie
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BNY Mellon Shareowner Services has been appointed stock option plan administrator for Mitel...
BNY Mellon appointed by Standard Life
21 February 2011 | London | Reporter: Ben Wilkie
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BNY Mellon Asset Servicing has been appointed to provide fund accounting, transfer agency, custody and corporate & domiciliary services to Standard Life Investments Global SICAV...
New mandate enhances existing service offering
14 February 2011 | New York | Reporter: Justin Scottsdale Lawson
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BNY Mellon Asset Servicing, has announced that Virtus Investment Partners has selected the company to provide mutual fund transfer agency services.
BNY Mellon to provide transfer agency services to Petrobas
09 February 2011 | New York | Reporter: Steven Lafferty
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BNY Mellon Corporate Trust Appointed Trustee, Paying Agent, Registrar and Transfer Agent for Petrobras' $6 Billion Bond Issue
Scharfenorth joins BNY Mellon
30 January 2011 | Frankfurt | Reporter: Ben Wilkie
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BNY Mellon Asset Servicing has appointed Jürgen Scharfenorth as head of relationship management for Germany...
Flanagan promoted at BNY Mellon
26 January 2011 | Dublin | Reporter: Ben Wilkie
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Alan Flanagan has been named head of global product management at BNY Mellon Alternative Investment Services...
Bank of China allocates global custody mandate
26 January 2011 | Shanghai | Reporter: Justin Lawson
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BNY Mellon Asset Servicing, has been selected by China Construction Bank ("CCB") as the global custodian for the upcoming QDII fund in China to be launched by Bank of China Investment Management Co., Ltd (BOCIM).
BNY Mellon wins China mandate
26 January 2011 | Shanghai | Reporter: Ben Wilkie
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BNY Mellon Asset Servicing has been selected by China Construction Bank (CCB) as the global custodian for the upcoming QDII fund in China to be launched by Bank of China Investment Management...
BNY Mellon in ETF administration growth
06 January 2011 | London | Reporter: Justin Lawson
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Assets Grow 46 Percent in 2010, BNY Mellon Asset Servicing now tops $200 Billion in ETF assets under administration.
BNY Mellon Asset Servicing selected in Costa Rica
05 January 2011 | New York | Reporter: Justin Lawson
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BNY Mellon Asset Servicing, has been named to provide global custody for an $800 million investment portfolio of equities, fixed income and U.S. Treasury bonds by Banco Nacional de Costa Rica, the largest commercial bank in Costa Rica.
Willis moves to BNY Mellon
17 December 2010 | London | Reporter: Ben Wilkie
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BNY Mellon Asset Servicing has appointed Jon Willis as head of EMEA Transfer Agency Services, with responsibility for the company’s UK and offshore transfer agent activities...
BNY Mellon Appointed by new Blackstone Fund
16 November 2010 | New York | Reporter: Steven Lafferty
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BNY Mellon appointed dividend agent, transfer agent, custodian and service provider for New Blackstone / GSO Senior Floating Rate Term Fund
Doing well in Dublin
04 November 2010 | Dublin | Reporter: Steven Lafferty
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BNY Mellon, has maintained its position as the number one fund administrator in Ireland with assets under administration totalling US$270.4 billion across 498 funds according to Lipper's 2010 Ireland Fund Encyclopaedia.
BNY Mellon takes lead role in pilot
01 November 2010 | London | Reporter: Justin Lawson
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BNY Mellon Asset Servicing, is taking a leading role in a new pilot programme being launched as part of an industry initiative to solve industry challenges with corporate actions processing.