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BNY Mellon is an international investments firm with $44.3 trillion in assets under custody and/or administration and $1.8 trillion in assets under management as of Dec. 31, 2022.
Overall, BNY Mellon’s revenues are forecast to touch $17.7 billion in FY2022. Additionally, the adjusted net income margin is likely to be around 22% in the year.
He sued BNY Mellon and Deloitte in 2019, accusing the bank of fraud and negligent misrepresentation and both companies of trade secret misappropriation, unfair competition, and unjust enrichment.
BNY Mellon CEO calls offering "an important first step in the industry" as joint bookrunners are all minority, veteran- and woman-owned investment firms. BNY Mellon announced a $500 million debt ...
BNY Mellon — the country's oldest bank — announced its new business line in October of 2022. Earlier that year, the SEC released Staff Accounting Bulletin 121, which requires that custodians of ...
BNY Mellon Pershing will become BNY Pershing, according to a release. BNY is one the world’s largest banks with $50 trillion in assets on behalf of clients in more than 100 markets.
BNY’s stock has risen nearly 17% in 2024, outperforming the S&P 500 index of bank shares. The rebrand follows a trend toward shorter names on Wall Street after years of mergers and acquisitions.
Bank of New York Mellon is adopting BNY as its new brand name, as the company aims to simplify its image in the marketplace, the oldest U.S. bank announced Tuesday. BNY Mellon updated its logo to ...