Assets under custody and administration (AuC/A) also jumped 7% for BNY Mellon to $34.5 trillion and 12% for Northern Trust to $10.8 trillion.
Tag: BNY Mellon
Industry veteran Sabet Elias has been chief technology for sales and trading at Bank of America for the past seven years.
BNY Mellon extends custody mandate with South Korea’s National Pension Service (NPS) to include fixed income portfolio.
Awards evening on 29th November in New York to honour the best in fund administration, prime brokerage, custody and technology innovation.
BNY Mellon's former country executive for China, Robert Kung, who will be retiring following a five year stint with the global custody bank.
The investigation was launched into KMPG’s audit of BNY Mellon in 2015, after the custody bank was hit with a £126 million fine by the UK's FCA.
Peter Sanchez, Northern Trust’s head of North America Alternative Investment Services, gives his view on how the custodian has dealt with being the independent verifier for Bridgewater Associates.
Eileen Murray, co-CEO of Bridgewater Associates, helped launch the industry’s first dual-outsourcing model using two custodians. Joe Parsons speaks to Murray about how the world’s largest hedge fund has utilised this model.
Frank Anduiza will lead the sales efforts for BNY Mellon’s hedge fund services business in the US, Canada and Latin America.
BNY Mellon will build a global digital team across the bank, with the aim to attract new talent and setting its strategic digital direction.