HSBC, Societe Generale, BNY Mellon and others fined $6 million for swaps violations
The US CFTC also fined NatWest Markets, PNC Bank and Northern Trust for reporting and risk management regulation failures.
The US CFTC also fined NatWest Markets, PNC Bank and Northern Trust for reporting and risk management regulation failures.
Wells Fargo has chosen BNY Mellon’s CEO, Charles Scharf, as its new chief executive and president.
Custodian follows up on BlackRock deal in April with integration of its custody and fund accounting data with most-used OMS in the market.
The new dealing services will enable distribution of Irish UCITS ETFs to the Asia-Pacific and Latin America regions.
Daniel Tenengauzer joins BNY Mellon after more than three years with New York-based hedge fund Tse Capital Management.
Jason Vitale was formerly group COO for FX and head of client execution services at BNY Mellon.
BNY said the transaction represents a major new route to market for its securities lending clients without the need to set up direct clearing membership.
State Street, BNY Mellon and MUFG among those backing the tokenisation project aimed at transforming clearing and settlement.
John Arabadjis has been appointed head of markets macro strategy products and analytics at BNY Mellon.
The hire is the latest big name addition for BNY Mellon as it continues to build out its digital leadership.