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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
Trust bank says it contended with ‘difficult operating environment’ in second quarter
State Street and BNY Mellon are getting squeezed as investor clients seek lower fees
US bank will instead seek to extend lease on its current Queen Victoria Street base
BNY Mellon has new chief executive of its $246bn wealth management arm
Chief executive talks about the fund industry’s future, AI . . . and Jersey cows
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