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The new unit at BNY Mellon, called the Digital Assets unit, is expected to roll out the offerings later this year, the bank said. It will be headed by Mike Demissie, head of Advanced Solutions at ...
(Reuters) -Bank of New York Mellon Corp is adding cryptocurrencies to assets that it holds as a custody manager, as it looks to attract a diverse set of investors and traders by tapping into the ...
In 2009, BNY Mellon IM acquired Insight Investment from Lloyds Banking Group for £235m. [8] In the same year BNY Mellon IM acquired a 20% stake in Siguler Guff. [9] In early 2010, BNY Mellon IM closed its fund of hedge funds, Ivy Asset Management.
The following year, Mellon merged with the Dreyfus Corporation, bringing its mutual funds under its umbrella. [79] In 1999, Mellon Bank Corporation became Mellon Financial Corporation. Two years later, it exited the retail banking business by selling its assets and retail bank branches to Citizens Financial Group .
On July 1, 2007, The Bank of New York Company, Inc. and Mellon Financial Corporation merged to form a new company BNY, one of the world's largest global asset management and securities services companies. [5] The reach of Dreyfus' distribution capabilities now extends to the resources of BNY and its exclusive network of institutional asset ...
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NEXEN is a financial services platform developed by BNY. It features a web application, APIs, and data analytics tools to allow financial services clients to access the BNY Mellon's services, such as asset custody, broker-dealer services, and alternative investment services. NEXEN was launched in 2015, and is part of BNY's digital ...
The Bank of New York Mellon reported average deposits of $285 billion, which increased 9% year over year and remained flat sequentially. Related: Higher Fee Income to Aid BNY Mellon’s Q3 ...