BNY Mellon

101 Barclay Street
New York
USA

Contact
Stephen Kiely


Telephone
+44 20 7163 2513


Email
Stephen.Kiely@bnymellon.com


Website
www.bnymellon.com/
New regulations and market changes have transformed securities financing for institutional investors, financial institutions and intermediaries. In this evolving environment, innovative tools and new strategies can help you to collateralize transactions, enhance returns and facilitate liquidity more effectively. If you are looking for effective and distinctive ways to address your securities finance needs as you navigate through evolving market dynamics, contact us today.

BNY Mellon Markets helps clients access capital, financing and liquidity with a comprehensive suite of innovative solutions and services covering foreign exchange, securities finance, collateral management and segregation, capital markets, liquidity and prime brokerage services.

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of June 30, 2016, BNY Mellon had $29.5 trillion in assets under custody and/or administration, and $1.7 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK).

Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at
www.bnymellon.com/newsroom for the latest company news.
BNY Mellon Features archive
Featured on Securities Lending Times
SEC Rule 15c3-3: Bringing equities to bear
View the full issue in which this article appeared
Rob Chiuch and John Templeton of BNY Mellon Markets discuss the potential impact of allowing equities to be used as collateral in the US
Peer pressure
View the full issue in which this article appeared
BNY Mellon explains how peer-to-peer trading is transforming securities finance
Fully pledged
View the full issue in which this article appeared
BNY Mellon is expanding to support demand for fixed income trading in the Asia Pacific, say Howard Field and Paul Solway of BNY Mellon
BNY Mellon: the leaders unite
View the full issue in which this article appeared
BNY Mellon’s global leadership team for securities lending discusses reorganisations, markets, business and the future
The space–time continuum
View the full issue in which this article appeared
Executives at BNY Mellon and SLT discuss the launch of the ‘Collateral Universe’
BNY Mellon Interview archive
Featured on Securities Lending Times
Michael McAuley
BNY Mellon
View the full issue in which this article appeared
Intrinsic lending has arisen as regulatory pressure on collateralisation has created new sources of demand. Michael McAuley of BNY Mellon explains
Down to the balance sheet
BNY Mellon
View the full issue in which this article appeared
BNY Mellon’s James Slater reveals how securities finance is reacting to regulatory change, and what to expect in the coming months
Robert Chiuch & John Templeton
BNY Mellon
View the full issue in which this article appeared
BNY Mellon’s Robert Chiuch, global head of securities finance, and John Templeton, Americas head of financial institutions, share their views on the changing world of securities finance
Robert Chiuch
BNY Mellon
View the full issue in which this article appeared
Securities Lending default image
SLT talks to Robert Chiuch of BNY Mellon about the challenges facing the securities lending industry, regulation, Global Collateral Services and more
BNY Mellon News archive
Featured on Securities Lending Times
Kentucky Retirement Systems picks BNY Mellon for securities lending
18 July 2017 | Kentucky | Reporter: Drew Nicol
BNY Mellon is set to provide securities lending services for Kentucky Retirement Systems, a major US public retirement fund and longstanding participant in the securities lending market.
Ex-Visa CEO takes helm at BNY Mellon
18 July 2017 | New York | Reporter: Drew Nicol
BNY Mellon has named Charles Scharf as CEO and director of the company, effective immediately.
BNY Mellon gains new IT chief
12 June 2017 | New York | Reporter: Drew Nicol
BNY Mellon has appointed Bridget Engle as chief information officer
BNY Mellon boosts Markets CEO to executive committee position
02 June 2017 | New York | Reporter: Stephanie Palmer
Michelle Neal, CEO of BNY Mellon Markets, is set to join the bank’s executive committee
BNY Mellon gains new head of collateral
08 May 2017 | London | Reporter: Drew Nicol
Adam Goddard returns to BNY Mellon as regional head of client management and collateral management after previously serving at the bank for 10 years
BNY Mellon suffers Q1 blip
21 April 2017 | New York | Reporter: Stephanie Palmer
BNY Mellon’s securities lending revenue hit $49 million in Q1 2017. This was down from the previous quarter’s revenue of $54 million
Cowen snaps up Convergex for $116 million
05 April 2017 | New York | Reporter: Mark Dugdale
The cash and stock deal has been struck with Convergex owners BNY Mellon and GTCR
EU market participants too busy for CMU
20 March 2017 | Brussels | Reporter: Drew Nicol
EU financial market participants are too bogged down in regulatory implementation to make the most of capital market opportunities, according to a BNY Mellon regional chief
New head at the helm of BNY Mellon Markets
10 March 2017 | London | Reporter: Stephanie Palmer
BNY Mellon has named Dan Watkins as its new head of BNY Mellon Markets in Europe, the Middle East and Africa
BNY Mellon ends 2016 on a high
23 January 2017 | New York | Reporter: Drew Nicol
BNY Mellon posted its strongest securities lending revenue of the year in Q4 2016...
BNY Mellon brings on McCarthy for ETFs
13 January 2017 | New York | Reporter: Drew Nicol
BNY Mellon has hired Jeff McCarthy as CEO of exchange-traded funds...
BNY Mellon uses T2S for Italian CSD link
16 December 2016 | London | Reporter: Drew Nicol
BNY Mellon has partnered with Italy’s central securities depositary Monte Titoli through its Target2-Securities connection...
Haas moves to BNY Mellon
12 December 2016 | New York | Reporter: Drew Nicol
Mark Haas has accepted a role at BNY Mellon as managing director and head of principle securities financing...
Wisconsin taps BNY Mellon for middle office services
16 November 2016 | Milwaukee | Reporter: Drew Nicol
The State of Wisconsin Investment Board has expanded BNY Mellon’s mandate to provide middle-office investment services for assets worth $105 billion...
OTC derivative reform opens the door for SWFs
14 November 2016 | London | Reporter: Drew Nicol
Sovereign wealth funds are in a unique position to plug gaps in the securities lending and repo markets left by regulatory reform in the over-the-counter derivatives space, according to BNY Mellon...
BNY Mellon picks Singapore for new innovation base
07 November 2016 | Singapore | Reporter: Drew Nicol
BNY Mellon will opened its newest global innovation center in Singapore on 17 November...
Fed wants to invite more to the triparty
27 October 2016 | New York | Reporter: Drew Nicol
J.P. Morgan may have to delay its departure from the US government securities clearing market if the Federal Reserve deems BNY Mellon’s subsequent monopoly to be a risk to market stability...
Sec lending revenue boosts BNY Mellon’s Q3
21 October 2016 | New York | Reporter: Mark Dugdale
BNY Mellon earned asset servicing fees of $1.1 billion in Q3 2016, thanks in part to a year-over-year increase in securities lending revenue...
BNY Mellon to test real-time payment service
20 September 2016 | New York | Reporter: Drew Nicol
BNY Mellon has upped the ante in the race to achieve efficient real time payments by becoming one of the first participants to incorporate the Real-Time Payment system being developed by The Clearing House...
T2S wave three must be a success, says BNY Mellon
09 September 2016 | Brussels | Reporter: Drew Nicol
The third wave of Target2-Securities implementation will be the tipping point that decides whether the project justifies the investment that has been made in the platform, according to BNY Mellon’s Tom Casteleyn...
BNY Mellon analyses new collateral management tools
05 August 2016 | New York | Reporter: Mark Dugdale
Market participants need to become more efficient when financing their transactions, according to BNY Mellon, whose report outlines the strategies to adopt in collateral management...
BNY Mellon's Jeannine Lehman to retire
21 July 2016 | London | Reporter: Mark Dugdale
Jeannine Lehman is retiring from BNY Mellon at the end of the summer, the bank has confirmed...
BNY Mellon taps Kablawi for investment services
19 July 2016 | London | Reporter: Drew Nicol
Hani Kablawi has moved up a rung at BNY Mellon by becoming head of investment services for Europe, the Middle East and Africa...
Pershing adds HF data platform to investment center
09 June 2016 | Orlando, Florida | Reporter: Drew Nicol
BNY Mellon subsidiary Pershing has added AltX, a hedge fund intelligence platform to its Alternative Investment Center...
IBM tackles blockchain's security concerns
04 May 2016 | New York | Reporter: Drew Nicol
US technology giant IBM is working with securities borrowing and lending participants such as BNY Mellon to create a “tamper-resistant” blockchain solution for the trade and transfer of assets...
Sec lending revenue saves BNY Mellon’s Q1 results
22 April 2016 | New York | Reporter: Drew Nicol
BNY Mellon’s securities lending revenue reached $50 million in Q1, up from $46 million in the previous quarter...
Gill takes the helm of BNY Mellon’s EMEA markets
11 April 2016 | London | Reporter: Drew Nicol
BNY Mellon has appointed Richard Gill as head of its markets business in Europe, the Middle East and Africa...
Changes at the top of BNY Mellon Markets
06 April 2016 | New York | Reporter: Drew Nicol
BNY Mellon has appointed Piers Murray as COO of its markets business, effective 15 June...
BNY Mellon expands collateral management service
06 April 2016 | Tokyo | Reporter: Drew Nicol
BNY Mellon has introduced a Japanese cross-border solution to enable the use of Japanese government bonds in triparty collateral arrangements...
Sovereign wealth funds cash in on collateral squeeze
04 April 2016 | London | Reporter: Drew Nicol
Sovereign wealth funds and central banks are emerging as large scale collateral providers, according to a study by BNY Mellon and the Official Monetary and Financial Institutions Forum...
Equities as collateral on the rise
09 March 2016 | New York | Reporter: Drew Nicol
Post-crisis regulatory and macro-economic trends have turned conventional wisdom in the securities lending market on its head, bringing equities as collateral to the fore, according to Steve Kiely of BNY Mellon...
Pershing reshuffles leadership with new talent
16 February 2016 | Jersey | Reporter: Drew Nicol
BNY Mellon subsidiary Pershing has appointed Lori Hardwick as its new COO, effective 29 February...
Pershing launches new big data analytics service
15 February 2016 | Jersey | Reporter: Drew Nicol
BNY Mellon subsidiary Pershing has upgraded its big data analytics service to aid clients’ securities lending programmes...
BNY Mellon sec lending boasts Q4 growth
25 January 2016 | New York | Reporter: Drew Nicol
BNY Mellon’s securities lending revenue jumped by 8 percent between Q3 and Q4 2015...
BNY Mellon adds to EMEA compliance team
19 January 2016 | London | Reporter: Drew Nicol
BNY Mellon has appointed Jacqueline Joyston-Bechal to lead its advisory compliance team for investment services in Europe, the Middle East and Africa...
A long road of reform ahead for US triparty
10 December 2015 | London | Reporter: Drew Nicol
US triparty reform is just the first step in the evolution of wholesale funding markets, according to new joint BNY Mellon and PwC report...
Markit makes its ETF mark with big market players
07 December 2015 | New York | Reporter: Drew Nicol
BlackRock, BNY Mellon and State Street have approved Markit’s exchange-traded fund collateral lists for use in their collateral management schedules...
Collateral management likely to consolidate
16 October 2015 | London | Reporter: Mark Dugdale
New regulations and changes in financial markets mean consolidation in collateral management is highly likely, according to a report from BNY Mellon and The Field Effect...
BNY Mellon recruits for collateral management in APAC
01 October 2015 | Hong Kong | Reporter: Drew Nicol
Bhavna Haswani has joined the markets group at BNY Mellon as senior product manager for collateral management in the Asia Pacific...
BNY Mellon appoints new markets group president
01 September 2015 | New York | Reporter: Drew Nicol
BNY Mellon has appointed Michelle Neal as the new president of its markets group...
Nordic custody win for BNY Mellon
04 August 2015 | Copenhagen | Reporter: Stephanie Palmer
BNY Mellon has been selected to provide custody and securities lending services for Danish insurance company Topdanmark A/S...
BNY Mellon has a jolly good Q2
23 July 2015 | New York | Reporter: Mark Dugdale
BNY Mellon earned seasonally higher securities revenue of $40 million during Q2 2015...
Liabilities out-dive assets in June
08 July 2015 | New York | Reporter: Stephen Durham
The funded status of the typical US corporate pension plan increased 1.5 percentage points in June to 87.8 percent, as liabilities declined more rapidly than assets during the month, according to the BNY Mellon ISSG...
Pershing launches OpportunityView
05 June 2015 | Orlando, Florida | Reporter: Stephen Durham
BNY Mellon company Pershing LLC has launched OpportunityView, a new solution designed to help advisors and broker-dealers identify opportunities to increase returns for their clients...
BNY Mellon drastically reduces intraday credit
12 May 2015 | New York | Reporter: Stephen Durham
BNY Mellon has completed its tri-party repo risk reduction initiative in support of the recommendations of the task force for Tri-Party Repo Infrastructure Reform...
AIFs at risk from asset segregation
11 May 2015 | New York | Reporter: Stephanie Palmer
Asset segregation as proposed under AIFMD will compromise tri-party collateral management and securities lending, according to Ross Whitehill, managing director of BNY Mellon Markets Group...
‘Lacklustre’ March for US pension plans, says ISSG
08 April 2015 | New York | Reporter: Stephanie Palmer
The funded status of typical US corporate pension plans fell by 0.4 percentage points in March 2015, declining to 87.2 percent, according to the BNY Mellon Investment Strategy and Solutions Group...
Illinois court allows Teamsters case to continue
25 March 2015 | Illinois | Reporter: Mark Dugdale
A district court has allowed a case to proceed that accuses BNY Mellon of violations of ERISA in connection with investments and decisions made by the bank in the administration of a securities lending programme...
Decline in US pension plans, says BNY Mellon
05 February 2015 | New York | Reporter: Stephanie Palmer
The funded status of typical US corporate pension plans declined by 4.9 percentage points to 82.4 percent in January, according to BNY Mellon’s Investment Strategy and Solutions Group...
Three heads are better than one
29 January 2015 | Frankfurt | Reporter: Stephen Durham
Eurex is to collaborate with BNY Mellon and State Street to further enhance the Eurex Clearing service...
Pirum reaches RQV automation milestone
18 December 2014 | London | Reporter: Stephen Durham
Pirum Systems Tri-party RQV Automation service, live with both JP Morgan and BNY Mellon, has reached a significant milestone with processed RQVs reaching over $130 billion daily...
New hedging tools from BNY Mellon and CME
27 November 2014 | New York | Reporter: Stephen Durham
BNY Mellon and CME Group have collaborated to provide investors with new interest rate hedging tools...
Still work to do for European insurers
05 November 2014 | London | Reporter: Stephen Durham
Research by BNY Mellon and Insurance Risk magazine has identified growing pressure on firms as they face more intense demands on collateral...
BNY Mellon appoints new chief risk officer
24 October 2014 | New York | Reporter: Stephanie Palmer
BNY Mellon has appointed James Wiener as its new chief risk officer and executive vice president, effective from 24 November 2014...
BNY Mellon sec lending revenue down seasonally
20 October 2014 | New York | Reporter: Mark Dugdale
BNY Mellon’s securities lending revenue decreased to $37 million in Q3 2014...
US corporate pension plans take a hit
03 October 2014 | New York | Reporter: Stephen Durham
Falling stock markets drove the funded status for the typical US corporate pension plan to 89.9 percent during September, the lowest level since August 2013, according to the BNY Mellon’s ISSG...
Syndicated loans to provide collateral
16 September 2014 | New York | Reporter: Catherine Van de Stouwe
Alternative Loan Financing (ALF) has been launched by BNY Mellon that will provide an alternative structure for US syndicated loans to be used as eligible collateral in a wide range of financing solutions...
CSD milestone for BNY Mellon
03 September 2014 | London | Reporter: Catherine Van de Stouwe
CME Clearing Europe is to be the first external client of BNY Mellon CSD SA/NV, the company’s Belgium-based central securities depositary (CSD), with the first securities transaction settled in late August...
BNY Mellon enjoys seasonally higher sec lending revenue
25 July 2014 | New York | Reporter: Mark Dugdale
BNY Mellon’s Q2 2014 investment service fees totalled $1.7 billion, a 1 percent increase on the previous quarter, partly thanks to seasonally higher securities lending revenue...
BNY Mellon adds new tool
22 July 2014 | New York | Reporter: Stephen Durham
BNY Mellon’s Global Collateral Services business has added of FundIQ, a third party market research and analytical tool, to its arsenal...
BNY Mellon appoints country executive in Germany
10 July 2014 | Dusseldorf | Reporter: Tammy Facey
BNY Mellon has appointed Werner Taiber as country executive in Germany, effective 1 July...
BNY Mellon creates markets group
26 June 2014 | New York | Reporter: Tammy Facey
BNY Mellon is merging key businesses ahead of the departure of three executives...
Zywot and Udall take over at CASLA
08 May 2014 | Toronto | Reporter: Mark Dugdale
BNY Mellon’s Phil Zywot and Scotiabank’s Stewart Udall have joined the Canadian Securities Lending Association (CASLA) as representatives...
BNY Mellon buys remaining piece of HedgeMark
02 May 2014 | US | Reporter: Tammy Facey
HedgeMark International will become a part of BNY Mellon’s asset servicing business, following the bank’s full acquisition of the service provider...
Exclusive: Rob Chiuch adds fixed income to his role
24 April 2014 | New York | Reporter: Georgina Lavers
A source has confirmed that Rob Chiuch will assume global trading responsibility for the agency securities lending programme within BNY Mellon’s global collateral services business...
BNY Mellon gains a new head in the Asia Pacific
15 April 2014 | Hong Kong | Reporter: Tammy Facey
Filippo Santilli is the new head of Asia-Pacific sales and relationship management for BNY Mellon’s global collateral services business...
Liabilities outrun assets in pension plan race
03 April 2014 | New York | Reporter: Georgina Lavers
The funded status of the typical US corporate pension plan declined 0.5 percentage points in March 2014 to 92.1 percent as liabilities increased faster than assets, according to the BNY Mellon Investment Strategy & Solutions Group (ISSG)...
BNY Mellon fine-tunes collateral for ETFs
27 March 2014 | New York | Reporter: Georgina Lavers
BNY Mellon has automated the calculation of collateral requirements in the exchange-traded funds marketplace...
BNY Mellon and AP7 together again
25 March 2014 | Sweden | Reporter: Georgina Lavers
BNY Mellon has been reappointed by Swedish state pension fund Sjunde AP-fonden (AP7) to provide global custody and collateral services to assets valued at $28.8 billion...
BNY Mellon catches Phoenix account
24 March 2014 | Phoenix | Reporter: Georgina Lavers
BNY Mellon has been chosen by the City of Phoenix Employees' Retirement System (COPERS) to provide custody, accounting, and securities lending solutions to plan assets valued at $2 billion...
BNY Mellon teaches collateral eligibility
11 March 2014 | New York | Reporter: Georgina Lavers
BNY Mellon is implementing an enhanced collateral management programme for BofA Merrill Lynch to expand collateral eligibility...
Frank La Salla takes the weight off of Pandiri
03 March 2014 | New York | Reporter: Georgina Lavers
BNY Mellon has appointed Frank La Salla as CEO of its alternative investment services (AIS) business, a role that Samir Pandiri has held for the past two years...
Institutional investors see wood for the trees
18 February 2014 | New York | Reporter: Georgina Lavers
Institutional investors expect risk management and transparency to play an even greater role in the investment decision process in the future, according to a new study by BNY Mellon and Nobel Prize-winning economist Dr. Harry Markowitz...
BNY Mellon plays the fool with Motley
11 February 2014 | New York | Reporter: Georgina Lavers
BNY Mellon has extended its fund services relationship with Motley Fool Asset Management to include securities lending for its family of mutual funds with $575 million in assets under management...
BNY Mellon picks up Irish mandate
06 February 2014 | London | Reporter: Georgina Lavers
BNY Mellon has scored a fund administration and securities lending mandate with Aon Hewitt on two of its Irish-domiciled fund ranges with assets of roughly £4 billion...
BNY/CIBC Mellon merger formalises new roles
10 January 2014 | Toronto | Reporter: Georgina Lavers
Three months after BNY Mellon and CIBC Mellon created a lending giant with the merger of their two desks, Phil Zywot and his team have formally become BNY Mellon employees from 1 January 2014...
Court case throws up implication for lending agents
19 December 2013 | New York | Reporter: Georgina Lavers
In their analysis of the court case between AP-Fonden and BNY Mellon, law firm RPC has stated that the judgement against the bank underscores the need for securities lending agents to act fairly when communicating with their clients...
NSD and BNY Mellon collaborate on depository receipts
17 December 2013 | London | Reporter: Daniel Jackson
Russian-based investors and brokers will be able to issue and cancel depository receipts in Russian companies thanks to an agreement between the National Settlement Depository (NSD), Russia’s central securities depository, and BNY Mellon...
BNY Mellon ramps up collateral management
04 December 2013 | New York | Reporter: Georgina Lavers
BNY Mellon is enhancing its AccessEdge portal via a new link with Bloomberg to help clients further optimise their collateral management...
BNY Mellon expands global collateral services team
21 November 2013 | London | Reporter: Daniel Jackson
BNY Mellon has expanded the business' leadership team in Europe, the Middle East and Africa...
BNY's dealing services extend in Asia Pacific
14 November 2013 | Tokyo | Reporter: Georgina Lavers
BNY Mellon has expanded its global markets capabilities with the launch of a new Asia-Pacific capital markets business through The Bank of New York Mellon Securities Company Japan, based in Tokyo...
BNY Mellon and Global Prime Partners team up
07 November 2013 | London | Reporter: Mark Dugdale
BNY Mellon’s broker-dealer services business will provide clearing and custody services to Global Prime Partners’s emerging investment manager clients...
Pershing adds link to securities lending programme
06 November 2013 | Jersey City | Reporter: Mark Dugdale
BNY Mellon company Pershing has created a “seamless” link between its PrimeConnect application and its Fully Paid Securities Lending programme...
BNY Mellon settles with Florida for $28 million
05 November 2013 | Florida | Reporter: Mark Dugdale
BNY Mellon will pay $28 million to the State of Florida to settle allegations of overcharging for foreign currency transactions and cash reinvestment losses...
BNY Mellon stocks up collateral arsenal
28 October 2013 | New York | Reporter: Georgina Lavers
BNY Mellon has added a liquidity aggregation service to its suite of risk and collateral management-related services..
BNY Mellon and CIBC Mellon create lending giant
22 October 2013 | New York and Toronto | Reporter: Georgina Lavers
BNY Mellon and CIBC Mellon have merged their securities lending desks in a move that will make BNY Mellon’s securities finance business one of the largest providers of lending services in the world...
Lending revenue hits seasonal low for BNY Mellon
21 October 2013 | New York | Reporter: Georgina Lavers
Securities lending revenue for BNY Mellon dropped $15 million from its last quarter, in the bank’s results for Q3 2013...
BNY Mellon picks up lucrative Hawaii mandate
11 October 2013 | Hawaii | Reporter: Georgina Lavers
BNY Mellon has been named global custodian by the Employees’ Retirement System of the State of Hawaii (HIERS), encompassing more than $12.3 billion in pension fund assets...
BNY Mellon pools all collateral services in new universe
27 September 2013 | New York | Reporter: Georgina Lavers
BNY Mellon is seeking to aggregate all of its collateral functions by creating a ‘Collateral Universe’—the company’s suite of second-generation collateral management capabilities and solutions...
BNY Mellon boosts collateral workforce in Germany
20 August 2013 | Frankfurt | Reporter: Jenna Jones
BNY Mellon has appointed Gesa Benda as global collateral services product segment manager for clearing houses...
Pershing picks SunGard for Canada
20 August 2013 | New Jersey | Reporter: Georgina Lavers
Pershing LLC, a BNY Mellon company that provides prime brokerage and broker-dealer solutions, has selected SunGard to provide market connectivity to its newest international broker-dealer in Canada...
Low lending revenue offsets good quarter for BNY Mellon
23 July 2013 | New York | Reporter: Georgina Lavers
Securities Lending default image
Investment services fees for BNY Mellon's second quarter of this year totalled $1.7 billion, an increase of 4 percent year-over-year...
BNY Mellon recruits UBS stock loan trader
10 July 2013 | New York | Reporter: Mark Dugdale
Securities Lending default image
Christa Gallagher is joining BNY Mellon from UBS Investment Bank, a source has confirmed. She will move to the bank in August...
Three custodian banks face ratings review
03 July 2013 | New York | Reporter: Mark Dugdale
Securities Lending default image
BNY Mellon, State Street and Northern Trust are facing reviews of their long-term ratings because of narrow margins in core custody services and an over reliance on ancillary services such as securities lending, according to Moody’s...
BNY Mellon receives key collateral patent
26 June 2013 | New York | Reporter: Mark Dugdale
Securities Lending default image
BNY Mellon has been awarded a US patent for a process enabling the secure management of collateral between counterparties via its Margin DIRECT service...
BNY Mellon appoints two new for collateral services
18 June 2013 | New York and London | Reporter: Georgina Lavers
Securities Lending default image
BNY Mellon has made two new senior appointments to push growth of its global collateral services (GCS) business...
BNY Mellon expands bilateral margining
03 June 2013 | New York | Reporter: Georgina Lavers
Securities Lending default image
BNY Mellon has ramped up its DM Edge product in the wake of recommendations from the Federal Reserve bank...
BNY Mellon's combined AUM/AUC is on the up
19 April 2013 | New York | Reporter: Mark Dugdale
Securities Lending default image
BNY Mellon’s assets under custody and/or administration amounted to $26.3 trillion at 31 March, an increase of 2 percent over the previous year, but it was unchanged sequentially...
British Airways opts for BNY Mellon
17 April 2013 | New York and London | Reporter: Jenna Jones
Securities Lending default image
British Airways Pension Fund has selected BNY Mellon to provide OTC derivatives and collateral management services...
Pirum links up with BNY Mellon to improve trade efficiency
05 April 2013 | London | Reporter: Mark Dugdale
Securities Lending default image
BNY Mellon’s global collateral services business has upgraded its AccessEdge collateral management portal with a newly-established link to Pirum’s new triparty required value (RQV) processing service...
BNY Mellon names Sakati head of strategy and business development
02 April 2013 | New York and Boston | Reporter: Jenna Jones
Securities Lending default image
BNY Mellon has appointed Dean Sakati to the newly created position of head of strategy and business development for securities finance with the firm’s Global Collateral Services business...
BNY Mellon receives key patents for electronic commodity trading
08 March 2013 | New York | Reporter: Jenna Jones
Securities Lending default image
BNY Mellon has been given three patents for key processes that enable electronic trading of commodities through exchange-traded funds (ETFs)...
Staunton bags BNY Mellon role
27 February 2013 | London | Reporter: Mark Dugdale
Securities Lending default image
Brian Staunton is joining BNY Mellon’s global collateral services business on 18 March. He will be based in London and will report to Ross Whitehill...
The Salvation Army versus BNY Mellon continues
01 February 2013 | New York | Reporter: Georgina Lavers
Securities Lending default image
A judge has refused to throw out a lawsuit from The Salvation Army that claims BNY Mellon mismanaged its assets by investing the collateral used for securities lending in risky mortgage backed securities...
BNY Mellon 4Q results reveal dip in securities lending revenue
17 January 2013 | New York | Reporter: Georgina Lavers
Securities Lending default image
While improvement in market values meant good news for BNY Mellon’s investment management, asset servicing, clearing and treasury services businesses, investment services fared slightly worse in the bank’s Q4 2012 results...
BNY Mellon promotes Keaney to CEO of Investment Services
17 December 2012 | New York | Reporter: Jenna Jones
Securities Lending default image
BNY Mellon has appointed Timothy Keaney as CEO of Investment Services as the firm aligns its asset servicing, corporate trust, depositary receipts, global markets, global collateral services, broker dealer services and Pershing businesses under his l
Five ways for portfolio managers to cut costs
14 December 2012 | London | Reporter: Georgina Lavers
Securities Lending default image
A new paper from BNY Mellon in association with banking consultants Rule Financial examines the impact that a reform of the OTC derivatives markets will have on all users of those instruments...
CME Clearing opts for BNY Mellon services
13 December 2012 | London | Reporter: Jenna Jones
Securities Lending default image
CME Clearing Europe has selected BNY Mellon to provide triparty collateral management services supporting the buy side, sell side and clearing houses...
BNY Mellon makes Solway regional head of equity finance
29 November 2012 | Hong Kong | Reporter: Jenna Jones
Securities Lending default image
Paul Solway has been appointed as BNY Mellon’s managing director and regional head of equity finance for Asia-Pacific, confirming a story that SLT reported in early October...
BNY Mellon renews VRS securities lending contract
09 November 2012 | New York | Reporter: Jenna Jones
Securities Lending default image
BNY Mellon will continue to provide custody banking services, including securities lending, to the Virginia Retirement System (VRS), after its contract was renewed for five years with an option of extending for another five-year period...
Good news for BNY Mellon lawsuit
15 October 2012 | New York | Reporter: Georgina Lavers
Securities Lending default image
Filed in July 2009, a lawsuit against BNY Mellon looks to drag on even longer after a judge recently denied a motion for class certification...
Exclusive: BNY Mellon recruits Paul Solway from Macquarie
08 October 2012 | Hong Kong | Reporter: Mark Dugdale
Securities Lending default image
Macquarie associate director Paul Solway is moving to BNY Mellon in Hong Kong, a source has confirmed...
BNY Mellon announces AccessEdge upgrade
14 September 2012 | London | Reporter: Jenna Jones
Securities Lending default image
BNY Mellon has launched an upgrade to its collateral management portal, AccessEdge...
Pershing expands in Canada
12 September 2012 | Toronto | Reporter: Mark Dugdale
Securities Lending default image
BNY Mellon subsidiary and prime broker Pershing LLC has launched a Canadian affiliate, Pershing Securities Canada Limited, and opened a new offiice in Toronto as it bids to increase its presence in the Canadian market...
BNY Mellon strengthens German management team
28 August 2012 | Frankfurt | Reporter: Jenna Jones
Securities Lending default image
BNY Mellon has made a number of key senior management appointments in its German office. Thomas Brand has been appointed head of investment services for BNY Mellon in Germany. In this new role, Brand will be responsible for...
BNY Mellon settles Sigma lawsuit
09 July 2012 | New York | Reporter: Mark Dugdale
Securities Lending default image
BNY Mellon has agreed to settle a class action lawsuit connected to the Sigma Finance structured investment vehicle for up to $280 million...
BNY Mellon launches Global Collateral Services
27 June 2012 | New York | Reporter: Mark Dugdale
Securities Lending default image
BNY Mellon has formed Global Collateral Services to serve broker dealers and institutional investors with collateral management needs...
Exclusive: Richard Marquis joins BNY Mellon
24 May 2012 | New York | Reporter: Mark Dugdale
Securities Lending default image
Richard Marquis, formerly of J.P. Morgan, will join BNY Mellon, according to an SLT source...
Pershing offers two new collateral management services
22 May 2012 | New Jersey | Reporter: Georgina Lavers
Securities Lending default image
Pershing, a BNY Mellon company, have launched two new applications as part of the organization's extensive Enterprise Collateral Management offering that automates the process of moving collateral between the custodian and Pershing Prime Services...
EquiLend and BNY Mellon team up to automate RQV communication
09 May 2012 | New York | Reporter: Mark Dugdale
Securities Lending default image
Trading and post-trade service provider EquiLend will work with BNY Mellon to migrate the communication of Triparty Required Value (RQV) figures from email to an automated process using the company’s triparty automated deal matching (ADM) platform.
BNY Mellon updates collateral management platform
03 May 2012 | New York | Reporter: Georgina Lavers
Securities Lending default image
BNY Mellon is renovating its collateral management platform for institutional clients by introducing an online central messaging service allowing market participants to transmit margin calls...
BNY Mellon fined $6 million for misstating collateral
17 April 2012 | New York | Reporter: Georgina Lavers
Securities Lending default image
BNY Mellon was fined $6 million by the Federal Reserve Board for misstating the collateral it pledged to a government lending program in 2008...
BNY Mellon expands collateral management services
12 April 2012 | New York | Reporter: Georgina Lavers
Securities Lending default image
BNY Mellon will allow futures commission merchants (FCMs) to post a wide range of collateral...
Chiuch moves up as Coxon leaves securities lending role
07 February 2012 | London | Reporter: Ben Wilkie
Securities Lending default image
Robert Chiuch has been appointed global head of equity finance at BNY Mellon, while Rob Coxon has moved on within the bank and is no longer involved in securities lending...
BNY Mellon gets Van Eck sec lending ETF mandate
18 January 2012 | New York | Reporter: Anna Reitman
Securities Lending default image
BNY Mellon has been selected to provide securities lending, exchange-traded fund (ETF) services, custody and fund accounting for the six new Market Vector Industry ETFs which recently launched...
IROs negative on short selling - BNY Mellon survey
25 October 2011 | New York | Reporter: Anna Reitman
Securities Lending default image
Some 64 per cent of investor relations offices (IROs) within companies globally think short selling has a negative impact on the trading environment, according to a BNY Mellon survey...
BNY Mellon in meeting Solvency II requirements
17 October 2011 | London | Reporter: Justin Lawson
Securities Lending default image
BNY Mellon has launched a new data management solution to meet the European insurance industry's Solvency II asset data reporting requirements.....
BNY Mellon provides securities lending to Teucrium funds
27 September 2011 | New York | Reporter: Justin Lawson
Securities Lending default image
BNY Mellon Asset Servicing has been selected to provide securities lending services for three Teucrium commodity funds....
BNY Mellon sells ConvergEx stake
21 July 2011 | New York | Reporter: Ben Wilkie
Securities Lending default image
BNY Mellon has agreed to sell a majority of its equity stake in ConvergEx Group...
Canadian Securities Lending Association's president joins BNY Mellon
23 June 2011 | New York | Reporter: Justin Lawson
Securities Lending default image
BNY Mellon names David DiNardo chief operating officer of securities lending and Robert Chiuch to lead U.S. equity and corporate securities team...........
BNY Mellon enhances automated deal matching for clients
18 June 2011 | New York | Reporter: Justin Lawson
Securities Lending default image
BNY Mellon 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......
Rabobank mandate awarded to BNY Mellon
17 June 2011 | London | Reporter: Justin Lawson
Securities Lending default image
BNY Mellon Asset Servicing has won the Stichting Rabobank Pensioenfonds (Rabobank Pension Fund) mandate in the Netherlands to provide custody and other services to assets valued at $16.4 billion......
BNY Mellon wins AP7 mandate
31 May 2011 | London | Reporter: Ben Wilkie
Securities Lending default image
BNY Mellon has won the bid to provide derivatives collateral management services to Sjunde AP-fonden (AP7) the Swedish state pension fund, which has over euro 8.5 billion under management...
Securities lending legend Slater becomes global head
09 May 2011 | New York | Reporter: Justin Lawson
Securities Lending default image
BNY Mellon Asset Servicing, has announced that James Slater will become Global Head of Securities Lending following the retirement of Kathy Rulong on July 1, 2011.
BNY Mellon introduces tri-party repo services
28 April 2011 | New York | Reporter: Ben Wilkie
Securities Lending default image
BNY Mellon has introduced a series of new services that will improve the infrastructure, operations and systems supporting its tri-party repo clients...
Two promotions at BNY Mellon
21 April 2011 | New York | Reporter: Ben Wilkie
Securities Lending default image
BNY Mellon has appointed Susan Skerritt to lead global product management & strategic development for treasury services, with Alan Verschoyle-King named head of global sales & relationship management...
McAuley joins BNY Mellon
06 April 2011 | Boston | Reporter: Ben Wilkie
Securities Lending default image
BNY Mellon Asset Servicing has named Michael McAuley to the newly created position of managing director, senior business strategist, for the Global Securities Lending Business...
Salvation Army sues BNY Mellon
04 April 2011 | New York | Reporter: Ben Wilkie
Securities Lending default image
The Southern Division of the Salvation Army in the US has started legal proceedings against BNY Mellon following losses incurred as a result of its securities lending programme...
South Carolina to sue BNY Mellon
28 January 2011 | South Carolina | Reporter: Ben Wilkie
Securities Lending default image
The Treasurer's Office of the state of South Carolina has commenced legal action against BNY Mellon...
Elliott joins board at Huntingdon
13 January 2011 | Columbus | Reporter: Ben Wilkie
Securities Lending default image
Huntington Bancshares Incorporated has appointed Steven G. Elliott, retired senior vice chairman of BNY Mellon, to its board...
BNY Mellon transacts $500m over EquiLend's Trade2O Service
23 November 2010 | New York | Reporter: Justin Lawson
Securities Lending default image
EquiLend announced today that BNY Mellon utilized their service, Trade2O, for over $500 million in trades last week of international equities.
Eagle soaring
04 October 2010 | Boston | Reporter: Justin Lawson
Securities Lending default image
Eagle Investment Systems, a subsidiary of BNY Mellon, has hired a new regional sales director to address the business development needs of existing clients and prospects in Europe, Middle East and Africa(EMEA).
Securities lending giant promotes from within
23 September 2010 | London | Reporter: Justin Lawson
Securities Lending default image
BNY Mellon today announced the promotion of four executives to the position of vice chairman of the corporation:
ARGA Investment Management sign up for back-office support
22 September 2010 | Boston | Reporter: Justin Lawson
Securities Lending default image
BNY Mellon Asset Servicing, has announced a new mandate to provide back-office services for ARGA Investment Management, a Stamford based independent investment management firm focused on global equities.
New hires at BNY Mellon
01 September 2010 | New York | Reporter: Ben Wilkie
Securities Lending default image
BNY Mellon Broker-Dealer Services has appointed John Vinci as its head of global product management and strategy and Andrew Demko as business manager for Europe, Middle East and Africa...
Best Active Equity Manager for 2010
24 August 2010 | New York | Reporter: Justin Lawson
Securities Lending default image
BNY Mellon ARX Investimentos, the Brazilian investment specialist for BNY Mellon Asset Management, has been named active equity manager of the year by Exame, one of the most widely read Brazilian business magazines.
BNY Mellon Enhances Reporting Capabilities
05 August 2010 | New York | Reporter: Justin Lawson
Securities Lending default image
BNY Mellon Asset Servicing, has enhanced its Workbench platform to help institutional investors comply with new accounting standards.
BNY Mellon Asset Management make new appointment
04 August 2010 | New York | Reporter: Justin Lawson
Securities Lending default image
BNY Mellon have announced that Curtis Arledge will be joining BNY Mellon as vice chairman of the corporation and chief executive officer of BNY Mellon Asset Management. Arledge was the CIO for BlackRock's fundamental fixed income portfolios.
BNY Mellon structured finance appointments
03 August 2010 | New York | Reporter: Steven Lafferty
Securities Lending default image
BNY Mellon Corporate Trust has appointed Richard P. Stanley and Debra A. Baker to oversee its structured finance business lines, reporting to Scott Posner, CEO of BNY Mellon Corporate Trust.
A first for service providers
02 August 2010 | New York | Reporter: Justin Lawson
Securities Lending default image
BNY Mellon Asset Servicing, became the first service provider to support short positions in an exchange-traded fund (ETF)
BNY Mellon completes acquisition of BHF Asset Servicing GmbH
02 August 2010 | Frankfurt | Reporter: Justin Lawson
Securities Lending default image
BNY Mellon, has completed its acquisition of BHF Asset Servicing GmbH. The transaction also includes the purchase of BHF Asset Servicing's fund administration affiliate, Frankfurter Service Kapitalanlage-GmbH.
BNY Mellon expands Broker-Dealer Services
14 July 2010 | Hong Kong | Reporter:
Securities Lending default image
BNY Mellon, has appointed Michael Schroeder as Regional Manager for Broker-Dealer Services in Asia. Based in Hong Kong, he will be responsible for supporting the continued growth of the company's Broker-Dealer Services business across Asia
BNY Mellon Clearing becomes a member
08 July 2010 | New York | Reporter:
Securities Lending default image
BNY Mellon and The International Derivatives Clearing Group, LLC (IDCG) announced this week that BNY Mellon Clearing, LLC will become a clearing member of the International Derivatives Clearinghouse LLC (IDCH).
BNY Mellon Asset Servicing creates GFI group
07 July 2010 | New York | Reporter:
Securities Lending default image
BNY Mellon Asset Servicing, has established a new Global Financial Institutions (GFI) group focused on supporting the future needs and growth plans of clients and prospects in the banking, mutual fund and insurance sectors.
BNY Mellon promotes Daniel Smith in Asia-Pacific
02 July 2010 | Hong Kong | Reporter:
Securities Lending default image
Daniel Smith is the new chief administrative officer for BNY Mellon in the Asia Pacific region...
BNY Mellon completes PNC acquisition
02 July 2010 | New York | Reporter:
Securities Lending default image
BNY Mellon has completed the acquisition of PNC's Global Investment Servicing business...
BNY Mellon wins Goldman Sachs mandate
28 June 2010 | New York | Reporter:
Securities Lending default image
BNY Mellon has been chosen by Goldman Sachs International (GSI) to provide a segregated sub-custody service to GSI's prime brokerage clients through Montague Place Custody Services (MPCS).
Slater appointed COO at BNY Mellon Asset Servicing
28 June 2010 | Pittsburgh | Reporter:
Securities Lending default image
BNY Mellon Asset Servicing has appointed James Slater to the newly created role of managing director and chief operating officer for Global Securities Lending. Slater will report to Kathy Rulong, executive director of Global Securities Lending
BNY Mellon awarded banking license in Beijing
28 June 2010 | Beijing | Reporter:
Securities Lending default image
BNY Mellon, has been authorized by the China Banking Regulatory Commission (CBRC) to set up a banking branch in Beijing. BNY Mellon received a license for its Shanghai branch in 1999.
Norwegian Banks' Guarantee Fund selects BNY Mellon
17 June 2010 | London | Reporter:
Securities Lending default image
BNY Mellon Asset Servicing, has been appointed by Bankenes sikringsfond (Norwegian Banks' Guarantee Fund) to provide global custody and related services for assets valued at NOK 18.5 billion (USD 3 billion).
Enhanced accounting and reporting for hedge funds
11 June 2010 | New York | Reporter:
Securities Lending default image
BNY Mellon Alternative Investment Services (AIS), has introduced enhanced accounting and reporting functionality for side pocket accounts and special purpose vehicles (SPVs). The new service offers hedge fund managers greater flexibility.
Securities Lending default image
BNY Mellon, is to provide derivatives collateral management services to the German investment management industry, via its DM Edge platform. DM Edge is a comprehensive derivatives margin management service
BNY Mellon Asset Servicing tops two
16 May 2010 | Pittsburgh | Reporter:
Securities Lending default image
BNY Mellon Asset Servicing, has been ranked No.1 in the Single Provider and USD 1-10 Billion categories within Global Custodian magazine's 2010 Securities Lending survey.
i-BID(SM) ADVANTAGE, new auction technology
04 May 2010 | New York | Reporter:
Securities Lending default image
BNY Mellon Asset Servicing has launched i-BID(SM) ADVANTAGE, a unique new securities lending auction capability delivered via the company's auction platform, i-BID.
BNY Mellon Receives Top Ratings in Tri-Party Survey
26 April 2010 | New York | Reporter:
Securities Lending default image
BNY Mellon, has received top ratings in a leading financial journal's 2010 Tri-Party Securities Financing Survey.
Securities Lending default image
BNY Mellon, was recently selected by Promark Investment Advisors, Inc., which manages pension plan investment programs, to provide derivatives collateral management services through its Derivatives 360 suite of products.
The New Dashboard
22 April 2010 | Boston | Reporter:
Securities Lending default image
BNY Mellon Asset Servicing, has recently introduced new dashboard style reporting functionality to assist asset owners and asset managers in gaining greater visibility into their securities lending portfolio. The new reports provide both detailed and
Ohio State University Selects
08 April 2010 | Boston | Reporter:
Securities Lending default image
BNY Mellon Asset Servicing, has recently been named custodian by The Ohio State University for its Long-Term Investment Pool. In addition to providing custody and accounting for more than $1.9 billion in endowment assets, BNY Mellon will also deliver
BNY Mellon appointed by MKB Bank
5 January 2010 | London | Reporter:
Securities Lending default image
BNY Mellon Asset Servicing, has been selected by MKB Bank Zrt. (MKB) as global custodian for more than EUR725 million ($1 billion) in assets across 20 markets. One of the premier universal banks in Hungary, MKB is a leading local securities servicing
Lehman at BNY
10 December 2009 | London | Reporter:
Securities Lending default image
BNY Mellon Asset Servicing, has appointed Jeannine Lehman as Head of Client Relations, EMEA within its international securities lending business....
BNY Mellon Appointed by Sinotel Technologies
30 September 2009 | New York | Reporter:
Securities Lending default image
BNY Mellon has been selected by Sinotel Technologies Limited (Sinotel) as the depositary bank for its American depositary receipt (ADR) program. Each Sinotel ADR represents 20 ordinary shares and trades on the over-the-counter (OTC) market.
Bruce Murphy Appointed Managing Director
30 September 2009 | Sydney | Reporter:
Securities Lending default image
BNY Mellon Asset Management has appointed Bruce Murphy as Managing Director of BNY Mellon Asset Management Australia. Murphy replaces James Gruver who has relocated to the U.S. to work on strategic business growth initiatives....