BNY Mellon
BNY Mellon abandons Asian platform
American asset manager, BNY Mellon, has decided to shut down its platform for high net worth individuals in Singapore and Hong Kong after just 16 months.
BNY Mellon launches European Dynamic Total Return Fund
BNY Mellon Investment Management has launched a UCITS Dynamic Total Return Fund, giving European investors access to its successful investment strategy which aims to keep pace with global equity markets while managing volatility and cushioning any market falls.
United Kingdom | 15 Apr 15
FCA fines BNY Mellon £126m for insolvency protection failings
The UK’s Financial Conduct Authority has fined the Bank of New York Mellon’s London and International branches £126m for failing to comply with rules protecting clients against insolvency.
Investment | 11 Feb 15
Pershing collateralised lending product
Pershing, a BNY Mellon company, said it will allow offshore investors access to its collateralised lending product, Nexus Loans, and has added euro and US dollar denominations to its sterling offering.
Macro Views | 10 Feb 15
Global GDP to accelerate this year and next
Global GDP should accelerate this year and next, according to BNY Mellon’s chief economist Richard Hoey, who highlighted continuing monetary easing policies as a supportive factor