The Bank of New York Mellon Corporation ("BNY Mellon") (NYSE: BK) today reported fourth quarter net income applicable to common shareholders of $505 million, or $0.42 per common share, compared with $679 million, or $0.54 per common share, in the fourth quarter of 2010 and $651 million, or $0.53 per common share, in the third quarter of 2011.
BNY Mellon, the global leader in investment management and investment services, has introduced its new Performance & Risk Analytics (P&RA) Mobile Dashboard application, bringing the power and functionality of its Web-based P&RA services into a summarized, concise view ready for today's most popular tablet computer.
BNY Mellon, the global leader in investment management and investment servicing, announced today that it has completed the previously announced sale of its Shareowner Services business to Computershare.
BNY Mellon, the global leader in investment management and investment services, has launched MarginEdge(SM), an innovative global derivatives margin management service that allows financial institutions, clearing members and central counterparties (CCPs) to manage margin collateral efficiently while balancing trading costs and capital requirements associated with listed, cleared over-the-counter (OTC) and bilateral OTC derivatives.
Penson Worldwide, Inc. (NASDAQ: PNSN) and BNY Mellon Company (NYSE: BK) announced today that they have signed a definitive agreement for the acquisition of Penson's Australian subsidiary, Penson Financial Services Australia Pty Ltd (PFSA) in a share purchase transaction for the purchase price of approximately AUD $33 million. PFSA will become an affiliate of Pershing, a BNY Mellon company.
Jefferies Group, Inc. today announced that Jefferies Bache was selected by BNY Mellon Clearing, LLC to provide clearing services and support for its futures commission merchant offering.
BNP Paribas Corporate and Investment Bank and BNY Mellon today announced an agreement that will enable BNP Paribas to expand its suite of global Cash Management solutions to include U.S. Cash Management services.
Computershare Limited (asx:CPU), a leading financial services provider for the global securities industry, announced today that early termination has been granted under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, for the proposed acquisition by Computershare of the Shareowner Services business of The Bank of New York Mellon Corporation. The parties are now free to close the acquisition.
BNY Mellon, the global leader in investment management and investment services, today announced the launch of TreasuryEdge(SM) Mobile, designed to assist clients with managing their electronic banking transactions and related information reporting from an iPad®.
BNY Mellon, the global leader in investment management and investment services, has introduced a number of enhancements to its Performance & Risk Analytics reporting that offer dynamic, new interactive capability enabling clients to customize, drill-down, and gain greater insight into their portfolio returns.
© Finextra Research 2014