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US investment group buys European business in latest example of mainstream asset managers seeking to diversify
Regulator hits investment adviser with $1.5mn penalty for allegedly misstating and omitting information
Deal valuing Talos at $1.25bn comes as price of digital assets such as bitcoin tumbles
Exchanging depositary receipts for domestic listings could pave way for official split of Russian bourse
Bank is first on Wall Street to provide detailed estimate of cost of curtailing business
Bank says business ‘is not aligned with ESG principles’
Gulf states plan for net zero but want to keep oil flowing, banks under fire for greenwashing
Financial sector pressured to cut exposure to carbon-intensive industries
Tim Stokely says Bank of New York Mellon ‘flagged and rejected’ all interbank wires linked to website
The Concentrated International ETF will be fully transparent, disclosing its portfolio holdings each day
Two custody giants join four other banks in backing new digital token trading venue
The potential for significant savings helps add glamour
Regulators have not approved any bitcoin funds despite a growing list of proposals
Sharp price rise has prompted investment banks to weigh in on cryptocurrencies
BNY Mellon and Mastercard unveil new services within 24 hours of each other
Move to allow women to join is in step with some members’ corporate mission statements
Appointment makes Hanneke Smits one of the most powerful women in asset management
Despite vanishing yields, money market funds provide vital flexibility
Executive elevated from interim role after six month search process
The appointments include Nick Clay and Andrew MacKirdy, co-managers of a £5.2bn top-performing fund
Bank swaps $1.2bn of assets for cash to cover redemptions at Dreyfus Cash Management fund
Used by rival fund managers, the reach of the Aladdin platform raises possible conflicts of interest
Once popular products are now UK’s worst selling funds group after chronic underperformance
‘Father of the index fund’ who co-founded Mellon Capital Management
FRC had called for record penalty of £12.5m over botched reports
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