BNY Mellon
Euan Munro steps down as Newton CEO
Co-CIO Mitesh Sheth is also leaving the BNY Investments division
2 min read
BNY Investments global distribution boss Matt Oomen exits
Oomen has left the US-headquartered group after 14 years
2 min read
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
Listen back: How female leaders at HSBC, BNY Mellon and Berenberg rose to the top
What does it take to break the City's glass ceiling?
1 min read
‘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
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
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
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
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'
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
3 min read
BNY Mellon fined by SEC over ESG claims
Regulator is boosting its scrutiny of funds as market grows
2 min read
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
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
