News from bny mellon A wide array of domestic and global news stories; news topics include politics / government, business, technology, religion, sports/entertainment, science/nature, and health/lifestyle. Articles that appear in this section may be written in English or other languages, as well.

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Lori Hardwick named new chief operating officer of Pershing LLC, a BNY Mellon company

BNY Mellon's Pershing Appoints Industry Veteran Lori Hardwick as Chief Operating Officer

Pershing LLC, a BNY Mellon company and a leading provider of global financial business solutions, today announced that Lori Hardwick has been named...

Feb 08, 2016, 08:00 ET
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Funded Status of U.S. Corporate Pensions Falls Sharply in January, to 79.7 Percent, According to BNY Mellon Fiduciary Solutions' Monthly Institutional Scorecard

 According to the BNY Mellon Institutional Scorecard—which is available for download, here—the funded status of typical U.S....

Feb 04, 2016, 11:45 ET
Lisa Dolly named new Chief Executive Officer of Pershing LLC

BNY Mellon Announces Lisa Dolly as the Next Chief Executive Officer of Pershing LLC

Pershing LLC, a BNY Mellon company and a leading provider of global financial business solutions, today announced that Lisa Dolly has been named as...

Feb 03, 2016, 09:00 ET
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Investors Missing Out on Global Fixed Income Opportunities, According to New BNY Mellon Survey

 New survey data from BNY Mellon Investment Management, one of the world's largest investment managers, suggests that a lack of knowledge about...

Feb 01, 2016, 08:00 ET

BNY Mellon Sees Financial Advisors and Broker-Dealers Accounting for Growing Share of 529 Plan Sales

Rising college costs combined with changing distribution patterns for financial services products seem all but certain to raise the market share...

Jan 25, 2016, 08:05 ET

China and Germany Jump as Perceived Sources of Investment Capital, According to BNY Mellon Investor Relations Survey

 After the United States and the United Kingdom, China and Germany are now rated by companies as the most strategic sources of new investment...

Jan 20, 2016, 16:01 ET

BNY Mellon to Acquire Assets of Atherton Lane Advisers of Menlo Park, California

 BNY Mellon, a global leader in investment management and investment services, has signed a definitive agreement to acquire the assets of Menlo...

Jan 20, 2016, 08:00 ET
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CenterSquare Investment Management Private Equity Fund Acquires Hotel Property Adjacent to Disneyland Resort

CenterSquare Investment Management, an investment boutique of BNY Mellon, announced today the acquisition of an Anaheim-area hotel property in a...

Jan 19, 2016, 08:05 ET

With Rising Allocations to Alternatives, BNY Mellon White Paper Examines the Increasing Challenges and Potential False Sense of Security around Enterprise Risk Data Assumptions

 As investors continue to boost their allocations to alternatives, how they address the issue of enterprise risk can have important...

Jan 19, 2016, 08:00 ET

The Boat Races Sponsors BNY Mellon & Newton Pull Together For Cancer Research UK

 In a world first, BNY Mellon and Newton Investment Management, sponsors of The Boat Races, today announce they are donating their title...

Jan 06, 2016, 10:00 ET
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Funded Status of U.S. Corporate Pensions Falls Again in December, to 83.5 Percent, According to BNY Mellon Fiduciary Solutions' Monthly Institutional Scorecard

According to the BNY Mellon Institutional Scorecard -- which is available for download, here -- the funded status of the typical U.S....

Dec 21, 2015, 12:48 ET
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BNY Mellon to Host Fourth-Quarter 2015 Earnings Conference Call on Thursday, January 21

 Gerald L. Hassell, chairman and chief executive officer, and Thomas P. Gibbons, vice chairman and chief financial officer, along with other...

Dec 16, 2015, 18:06 ET

BNY Mellon Increases Prime Rate to 3.50 Percent

 The Bank of New York Mellon Corporation has increased its prime rate from 3.25 percent to 3.50 percent, effective December 17, 2015. BNY...

Dec 14, 2015, 10:00 ET

Employee Advisors Outnumber Owners, But Compensation Remains Unchanged at Advisory Firms, According to Study from InvestmentNews and BNY Mellon's Pershing

 Today's independent advisory firms are no longer solely driven by the talent of their founders and investment teams. Instead, they are growing...

Dec 10, 2015, 04:39 ET

US Tri-Party Reform Is Just The First Step In The Evolution Of Wholesale Funding Markets, According To New Joint BNY Mellon-PwC Study

 Market participants must recalibrate business and operational models if they are to accommodate and benefit from fundamental changes within...

Dec 09, 2015, 09:00 ET
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BNY Mellon Investment Management Launches Multi-Strategy Absolute Return Fund Managed by Insight Investment

 BNY Mellon Investment Management today announced the launch of the BNY Mellon Absolute Insight Multi-Strategy Fund (the "Fund"; Class I:...

Dec 02, 2015, 07:45 ET
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BNY Mellon to Present at the 2015 Goldman Sachs U.S. Financial Services Conference on December 9

 Gerald L. Hassell, chairman and chief executive officer of BNY Mellon, and Thomas P. Gibbons, vice chairman and chief financial officer of BNY...

Nov 30, 2015, 12:20 ET

Amherst Capital Hires Team to Lead Commercial Real Estate Lending Business

 Amherst Capital Management LLC ("Amherst Capital"), a real estate credit investment specialist and BNY Mellon Investment Management ("BNY...

Nov 19, 2015, 07:00 ET

BNY Mellon Selected by Anglo American plc for its Sponsored Depositary Receipt Program

BNY Mellon, a global leader in investment management and investment services, has been appointed by Anglo American plc as depositary bank for its...