BNY Financial News

Sasha Evers (pictured) is head of retail intermediary distribution for Europe at BNY Mellon Investment Management

Paul Flood, head of mixed assets at Newton IM and manager of the fund

BNY Mellon and Franklin Templeton have been appointed as co-chairs of the new Digital Assets Market Subcommittee by the US derivatives and commodities regulator. 

The BNY Mellon US Equity Income fund and Brown Advisory US Smaller Companies fund have not been rated by RSMR before

Leaving room in guidelines for interpretation and for a developing sector to self-regulate, grow, and change – instead of setting rigid laws to strictly follow – is likely the best choice for crypto cybersecurity regulation, said David Schwed former head of digital assets technology at banking giant BNY Mellon.

Warren Buffett’s company spent the first quarter opening a new position in Capital One Financial and adding to its already large holdings of Bank of America and Apple.

When Hanneke Smits became BNY Mellon Investment Management's chief executive in October 2020, the world was still in the grip of the Covid pandemic.

The boss of BNY Mellon Investment Management has warned that the City is at risk of losing its edge as a financial services hub, claiming Brexit has made it more challenging to entice internationally-based professionals to London.

Circle has revealed that Cross River Bank — recognized for its services to fintech and crypto firms like Visa and Coinbase — is now its new commercial banking partner for producing and redeeming USD Coin (USDC).

The bulk majority of Bank of New York Mellon's clients are interested in investing in digital assets despite the recent market meltdown. 

Michael Demissie, the head of digital assets at Bank of New York Mellon (BNY Mellon) is adamant that the cryptocurrency market fall in 2022 won’t waver institutional interest in digital assets. 

BNY Mellon funds boss Hanneke Smits will be the next global chair of boardroom diversity campaigners the 30% Club.

BNY Mellon has named former custody services chief Caroline Butler as its new head of digital assets.

BNY Mellon CEO Robin Vince says “client demand” was the “tipping point” that ultimately led to the bank’s launch of institutional-focused crypto services last week.

BNY Mellon’s expansion to become a custodian for crypto is fuelled by high client demand according to its custody services chief executive, Caroline Butler.

 

After winning the approval of New York's financial regulator earlier this fall, the Bank of New York Mellon is all set to hold its customers' bitcoin and ether starting this week. The nation’s oldest bank has added cryptocurrencies to its custody services.

Bank of New York Mellon is now open for crypto business.

The bank has been working closely with Fireblocks and Chainalysis to integrate their technology in order to meet the present and future security and compliance needs of clients across the digital asset space.Roman Regelman, CEO of Securities Services & Digital at BNY Mellon, states: "With Digital Asset Custody, we continue our journey of trust and innovation into the evolving digital assets space, while embracing leading technology and collaborating with fintechs."A recent survey sponsored by BNY Mellon highlights already significant institutional demand for a resilient financial infrastructure built to accommodate both traditional and digital assets. According to the survey, almost all institutional investors (91%) are interested in investing in tokenized products.

BNY Mellon Pershing has poached EuroCCP's Cécile Nagel as its new Emea chief executive.

BNY Mellon Pershing has poached EuroCCP's Cécile Nagel as its new Emea chief executive.