Revenue from asset servicing, its largest business, was down 7% in comparison to the first quarter of last year at $1.4 billion
Tag: asset servicing
The review will include a potential uplift of operations for client on-boarding, asset servicing, collateral management and settlement processes.
BNY Mellon is developing a new trust and depositary model for common processes and practices across Europe.
Global Custodian takes a deep dive into the nominees for its Editors’ Choice awards at this year’s Leaders in Custody event, next up: the candidates up for Best Asset Servicing Project.
Global Custodian takes a deep dive into the nominees for its Editors’ Choice awards at this year’s Leaders in Custody event, beginning with the candidates up for Asset Servicing Deal of the Year.
BNY Mellon’s CEO and chairman outlined in the global custodian’s annual report that it is pursuing the strategy to meet demands over flexibility and choice.
BNY Mellon's Scharf explained to investors the pipeline for new clients of Pershing is bigger than it has seen over the past five years.
BNY Mellon attributed the fall in revenue to “lower client assets and activity and the unfavourable impact of a stronger US dollar.”
MUFG Investor Services entered the US mutual fund scene in 2016 after it acquired Guggenheim Investment’s 40 Act mutual fund administration business.
The service will streamline corporate actions, dividend and coupon processing across asset classes, business lines and regions.