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Move makes BNY the first global bank to offer a service for digital assets

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The price of bitcoin surged to a record high of nearly $49,000 after BNY Mellon said it plans to launch a new unit focusing on digital assets such as cryptocurrencies.

Bitcoin hit an all-time high of $48,925, before receding to $47,475 at 8am GMT, according to crypto website Coindesk.

Bitcoin jumps to record high after BNY Mellon signals plans for cryptocurrency unit

James Booth

Mastercard

Starting your first job in finance? Here’s some advice from FN’s rising stars

Meet the Rising Stars of European Finance 2025

Meet three of FN’s Rising Stars of European Finance

Nomura taps Hiraoka and Tyce to lead global rates trading

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Japanese bank doubles up leadership of key markets division

Pimco Emea boss Craig Dawson returns to California for new role

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Christian Stracke, global head of credit research, will run Emea from bond giant’s London office

BNP Paribas flies in Lynagh from New York to head UK global banking

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Mark Lynagh is succeeding Matthew Ponsonby who has resigned from the bank

Guardian Life will seed new initiatives and receive warrants to buy Janus stock.

Janus Henderson Strikes Deal to Manage $45 Billion of Insurer’s Assets

Cryptocurrency firm Ripple said it will acquire credit network Hidden Road for $1.25 billion.

Ripple to Acquire Credit Network Hidden Road

Ripple to Acquire Credit Network Hidden Road for $1.25 Billion

Judges have largely declined government requests to impose bonds on plaintiffs seeking to pause President Trump’s policies.

Planning to Sue Trump Administration? White House Wants You to Pay

Planning to Sue Trump Administration? The White House Wants You to Pay

Once an heir apparent for Larry Fink, Wiedman now tops the list of potential successors to PNC chief Bill Demchak.

PNC Names Former BlackRock Star Mark Wiedman as President

Stan Druckenmiller, Bill Ackman and Jamie Dimon are among those raising concerns about the president’s steep, across-the-globe levies.

By Gregory Zuckerman, AnnaMaria Andriotis and Gina Heeb

Wall Street Starts to Speak Out Against Trump’s Tariffs

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