Bank Of New York Mellon Corp.

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  1. Articles

    Massachusetts' Galvin investigates fund pricing glitches

    Massachusetts' top securities cop is investigating the failure of an accounting platform he said delayed correct pricing for billions of dollars in mutual funds and ETFs.

  2. Articles

    RIAs join brokers in promoting securities-backed lending

    The practice is growing quickly even beyond wirehouses, but some are concerned about the risks and conflicts of interest.

  1. Articles

    Pershing CEO: RIA growth outpacing B-Ds

    Ron DeCicco expects the RIA channel to continue growing while regulatory pressures and higher expenses weigh down broker-dealers.

  2. Articles

    Global markets riding high on the 'Yellen effect'

    Did Janet Yellen affect global markets? Better believe it. Also, four U.S. banks get cut by Moody's, some big names load up on gold and yes, there's an ETF with a chunk of Twitter. From InvestmentNews senior columnist Jeff Benjamin, who adds a Turkey Day preview.

  3. Articles

    BNY Mellon ripe for wealth management expansion

    Thriving unit plans to add 100 workers to operation by end of 2014; largest staff hike under new CEO

  4. Articles

    In custody battle, Pershing reaches landmark

    Advisors Solutions unit surpasses $100 billion mark in RIA assets under custody

  5. Articles

    BNY Mellon sued for negligence over Madoff

    Bank of New York Mellon Corp. was sued on behalf of three funds for negligence in connection with the Ponzi scheme run by convicted fraudster Bernard L. Madoff.

  6. Articles

    BNY Mellon engaged in 'multipronged campaign of deception': NY state

    Claim custody bank defrauded customers in foreign currency transactions; 'virtually worst rates of the day'

  7. Articles

    BNY Mellon shelves sale of $17B unit: Sources

    Two weeks after departure of Robert Kelly, bank said to nix possible Alcentra divestiture

  8. Articles

    Kelly resigns from BNY Mellon in shock move

    Once touted as a possible replacement for Ken Lewis at Bank of America, Robert Kelly resigned unexpectedly on Wednesday as CEO of BNY Mellon. According to reports, disagreements with directors ultimately led to his exit.

  9. Articles

    Plans to tax munis won't fly: BNY Mellon

    Renewed proposals to eliminate the tax-exempt status of municipal bonds as a way to reduce the $1.5 trillion federal deficit are unlikely to succeed, according to a report by The Bank of New York Mellon Corp.

  10. Articles

    BNY Mellon snags BlackRock exec to replace O'Hanley

    Arledge tabbed to to run BNY Mellon's asset management unit; Wachovia connection?

  11. Articles

    Little's exit signals outside hire at BNY Mellon Asset Management: Sources

    Bank said to be leaning toward external candidate for permanent replacement for Ronald Hanley

  12. Articles

    BNY Mellon earnings triple

    Bank of New York Mellon Corp., parent of Pershing and Dreyfus and the world’s biggest custody bank, said second-quarter earnings more than tripled on higher fees for overseeing and managing investor assets. Net income climbed to $658 million, or 54 cents a share, from $176 million, or 15 cents a

  13. Articles

    BNY Mellon unit ditching riskiest bonds in its muni funds

    Standish Mellon Asset Management has spent the past several months unwinding the credit risk of its municipal bond funds, but isn't scared of massive defaults coming down the pike.