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BNY Mellon

Blackstone, BNY line up government meetings as Labour continues charm offensive on finance

Chancellor Rachel Reeves set to meet finance giants on US tour

1 min read

BNY says AI won’t slash hiring plans

The 240-year-old bank has been quick to embrace the technology, but not at the expense of new recruits, its international head tells FN

3 min read

AITradingBNY Mellon

‘Huge swathes’ of lacklustre active funds face extinction, Walter Scott exec warns

'Far too much of the so-called active segment is really only active to the extent it charges a high fee,' Roy Leckie says

3 min read

Asset ManagementBNY Mellon

BNY Mellon’s Hanneke Smits: Things need to get ‘way worse’ before another LDI crisis

Having doubled cash buffers, 'things need to get way worse than they did in September' for a repeat of the LDI crisis, Smits tells FN

6 min read

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An Audience With

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BNY Mellon’s Hanneke Smits: ‘It’s much harder to attract global talent to the UK’

Smits warns London risks losing its 'diversity of skills, backgrounds and knowledge'

3 min read

Asset ManagementBNY Mellon

Hanneke Smits: ‘In 20 years’ time, I hope a female executive team isn’t newsworthy’

The BNY Mellon funds boss is setting her sights on boosting female CEOs and chairs as she takes over the 30% Club

5 min read

BNY Mellon funds boss Hanneke Smits named 30% Club chair

Smits succeeds Ann Cairns, and says she will keep up the pressure on both gender and racial diversity in the City

2 min read

BNY Mellon names custody boss Caroline Butler as new crypto chief

'As institutional adoption of digital assets continues to evolve, we are committed to being a trusted provider of services,' bank says

1 min read

BNY Mellon’s custody chief on how to serve crypto clients when ‘there isn’t a rulebook’

'That was the biggest demand they had: Getting us to come in and apply the trusted guardrails but also to take that risk and operational burden off of them'

3 min read

Why BNY Mellon is piling into crypto

The move marks an important milestone for traditional banks and their growing acceptance of digital assets as a legitimate market and a source of new business

BNY Mellon Pershing poaches EuroCCP’s Cécile Nagel as new Emea head

Nagel, who is the CEO of EuroCCP, will head Pershing’s Emea operations

BNY Mellon hires Goldman veteran Dermot McDonogh for finance chief role

Dermot McDonogh will succeed Emily Portney who is transitioning to a new role at the New York-based custody bank

BNY Mellon fined by SEC over ESG claims

Regulator is boosting its scrutiny of funds as market grows

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On the Move

On the Move

JPMorgan leads Wall Street banks in blockchain hiring craze

BNY Mellon also steaming ahead with 560% increase in global crypto roles since March

3 min read

CitigroupThe Fintech FilesFintechBlockchainJPMorgan ChaseBNY MellonCryptocurrency

BNY Mellon’s fee revenue up 8% in third quarter

2 min read

City needs equivalence deal with EU, says BNY Mellon Investment Management boss

Hanneke Smits says equivalence 'needs strong focus on the part of the UK government. It’s taken quite some time'

3 min read

BNY Mellon’s Hanneke Smits: ‘I didn’t want to go back to what I was doing before’

How TikTok dances and online bridge have helped the chief executive of BNY Mellon IM get through lockdown

5 min read

Fidelity is exploring launch of a bitcoin ETF

The SEC has repeatedly rejected applications for bitcoin ETFs

3 min read

FN Law

FN Law