Leading banks have expressed their disappointment at yesterday's news that Target 2 Securities (T2S), the European Central Bank's plan to streamline Europe's securities settlement structure, has been delayed yet again.
Pershing Limited, a BNY Mellon Company, today announced its plans to launch a custodial platform this October which will target independent financial advisers and financial planning businesses.
BNY Mellon Clearing, LLC announced today that it has joined CME Group as a clearing member firm in order to clear over-the-counter interest rate swaps on behalf of its institutional clients.
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.
© Finextra Research 2015