BNY Mellon is to slash three per cent of its global workforce and institute an immediate freeze on new hires and outside contractors as it bids to reduce expenditure during hazardous economic conditions.
BNY Mellon, the global leader in investment management and investment services, has expanded its Treasury Services group's extensive electronic billing and payment processing capabilities to include notifications via SMS text messaging.
BNY Mellon is claiming to be the first global custodian to provide reports and instruction authorisation to institutional clients via the iPad.
US trading technology firm Convergex Holdings has abandoned a planned IPO, agreeing instead to sell a majority stake to funds advised by CVC Capital Partners.
Bits, the technology arm of the US bank-backed Financial Services Roundtable, has issued a framework for financial institutions adopting social media and a guide to managing related security risks.
BNY Mellon, the global leader in investment management and investment servicing, is introducing a series of enhancements to its automated deal matching service for tri-party repo clients that will allow clients to input, monitor and view trade matching status on a real-time, online basis. The new capabilities will improve risk management practices among market participants.
BNY Mellon, the global leader in investment management and investment servicing, today announced the creation of a new company to clear futures and derivatives trades on behalf of institutional clients in Europe, Middle East and Africa.
BNY Mellon, the global leader in investment management and investment services, today announced it will significantly expand its Tennessee Processing Center (TPC) and nearby business office. BNY Mellon's presence in Davidson County, which dates to 2004, has steadily grown from 60 employees to nearly 200 employees currently.
BNY Mellon, the global leader in investment management and investment services, today announced the launch of BNY Mellon Connect(SM) Mobile, a new application that gives clients access to BNY Mellon product and service offerings via an iPad®.
BNY Mellon, the global leader in investment management and investment services, has announced a global expansion of its middle office outsourcing service for hedge funds, extending what was largely a Europe-only offering and rolling it out to select clients and prospects in North America and Asia.
© Finextra Research 2014