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Jul 17, 2017
Charlie-Scharf
(Photo)
BNY Mellon announced today that Charles W. Scharf has been appointed Chief Executive Officer and a Director of the company, effective immediately, and will become Chairman of the Board of Directors effective January 1, 2018. Gerald L. Hassell will continue to serve as Chairman of the Board through December 31, 2017, working closely with Mr. Scharf to ensure a seamless transition of responsibilities.
Jul 17, 2017
Charles W. Scharf Appointed CEO of BNY Mellon; to become Chairman on January 1, 2018

The Bank of New York Mellon Corporation ("BNY Mellon") (NYSE: BK) announced today that Charles W. Scharf, 52, has been appointed Chief Executive Officer and a Director of the company, effective...

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Jun 28, 2017
BNY Mellon and One Investment Group Create Strategic Alliance to Deliver Global Custody Services to Australian Fund Managers

BNY Mellon, a global leader in investment management and investment services and One Investment Group (OIG), a leading independent service provider to Australian funds management businesses,...

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Jun 28, 2017
BNY Mellon Announces Intention to Increase Quarterly Common Stock Dividend by 26 Percent to $0.24 per Share and to Repurchase up to $3.1 Billion of Common Stock; Federal Reserve Does Not Object to 2017 Capital Plan

BNY Mellon, a global leader in investment management and investment services, today announced that the Federal Reserve did not object to the 2017 capital plan in its Comprehensive Capital Analysis...

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Jun 26, 2017
Concerns over Scarcity of Short-Term Liquidity Push 80 Percent of Investment Managers to Diversify Funding

Over 80% of global investment managers are engaged in discussions to identify liquidity backstops to dealer balance sheets as concerns over liquidity and funding pressures grow, according to the...

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Jun 22, 2017
BNY Mellon Announces Results of Its 2017 Annual Stress Test

The Bank of New York Mellon Corporation ("BNY Mellon") (NYSE: BK) today announced the results of its company-run Dodd-Frank Act stress test, applying the Federal Reserve's severely adverse...

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Jun 22, 2017
BNY Mellon to Host Second Quarter 2017 Earnings Conference Call on Thursday, July 20

Gerald L. Hassell, chairman and chief executive officer, and Thomas P. Gibbons, vice chairman and chief financial officer, along with other members of the executive management team from BNY...

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Jun 19, 2017
Half of Investors Have Taken No Action to Reevaluate Their Investment Approach Against the Backdrop of a Shifting Investment Landscape

According to new research released today by Dreyfus, a pioneer in U.S. investing, half of individual investors (49%) have indicated they have yet to take any action to reevaluate their investment...

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Jun 15, 2017
BNY Mellon's Pershing Launches No-Transaction-Fee ETF Platform; Introduces FundVest® ETF

BNY Mellon's Pershing launched today its new no-transaction-fee (NTF) exchange-traded fund (ETF) platform: FundVest® ETF. The NTF platform requires no purchase minimums or holding period, and...

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Jun 15, 2017
Looking to Attract Younger, High-Net-Worth Clients? Focus on Authenticity and Transparency

BNY Mellon's Pershing today launched a new whitepaper, "Gen Why? How to Succeed with Younger, HNW Clients Who Question Everything," sharing tips on how advisors can attract younger, high-net-worth...

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Jun 15, 2017
BNY Mellon Increases Prime Lending Rate to 4.25 Percent

The Bank of New York Mellon Corporation will increase its prime lending rate from 4.00 percent to 4.25 percent, effective June 15, 2017. This follows yesterday's action by the U.S. Federal...

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Jun 14, 2017
BNY Mellon's Lockwood Launches New Investment Solution with American Funds at the Core

BNY Mellon's Lockwood Advisors, Inc. (Lockwood) today announced it has developed a suite of new portfolios using American Funds® at the core. The Lockwood/American Funds Core Portfolios, created...

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Jun 14, 2017
BNY Mellon's Pershing Launches Its Integrated Wealth Experience

BNY Mellon's Pershing (Pershing), today announced the launch of a suite of technology enhancements aimed at helping firms transform the digital experiences for their business. These new solutions...

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Jun 14, 2017
BNY Mellon Rohan Singh
(Photo)
Rohan Singh, Asia Pacific Head of Asset Servicing
Jun 14, 2017
BNY Mellon Appoints Rohan Singh as Asia Pacific Head of Asset Servicing

BNY Mellon, a global leader in investment management and investment services, announced today that Rohan Singh has been appointed Asia Pacific Head of Asset Servicing, effective June 27, and will...

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Jun 13, 2017
BNY Mellon Peter Salvage
(Photo)
Peter Salvage, Global Head of Hedge Fund Services, BNY Mellon
Jun 13, 2017
BNY Mellon Names Peter Salvage Global Head of Hedge Fund Services

BNY Mellon, a global leader in investment management and investment services, announced today that Peter Salvage has joined the company in the newly-created role of Global Head, Hedge Fund...

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Jun 7, 2017
BNY Mellon Appoints Bridget E. Engle Senior Executive Vice President and Chief Information Officer, effective June 8, 2017

BNY Mellon, a global leader in investment management and investment services, has appointed Bridget E. Engle as Senior Executive Vice President and Chief Information Officer. Engle, who reports...

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Jun 1, 2017
BNY Mellon Michelle Neal
(Photo)
Michelle Neal, CEO, BNY Mellon Markets has been appointed to BNY Mellon's Executive Committee.
Jun 1, 2017
Michelle Neal, CEO, BNY Mellon Markets joins BNY Mellon's Executive Committee

BNY Mellon has announced that Michelle Neal, CEO, BNY Mellon Markets has been appointed to the company's Executive Committee. "Michelle's leadership experience and her expertise across the entire...

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May 31, 2017
BNY Mellon Enhances Capabilities, Transparency and Resiliency in the U.S. Government Securities Clearance and Tri-Party Repo Markets by Creating BNY Mellon Government Securities Services Corp.

The Bank of New York Mellon Corporation ("BNY Mellon") (NYSE: BK) has formed a wholly-owned subsidiary, BNY Mellon Government Securities Services Corp., designed to further enhance capabilities,...

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