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BNY Mellon re-thinks Q4 2014
19 February 2015
Reporter Stephanie Palmer

BNY Mellon has made adjustments to its Q4 2014 financial results in order to include an additional after-tax litigation expense of $598 million...

€1.4b outflows for European mutual funds
18 February 2015
Reporter Stephanie Palmer

The European mutual funds industry saw net outflows of €1.4 billion from long-term mutual funds in December 2014...

Former federal prosecutor joins Pershing Square
13 February 2015
Reporter Becky Butcher

Former Manhattan federal prosecutor Jenna Dabbs has joined Pershing Square Capital Management as senior counsel...

DTCC’s GMEI claims 50% share of global LEIs
09 February 2015
Reporter Stephanie Palmer

DTCC has reported significant growth for its global markets entity identifier (GMEI) in collaboration with SWIFT...

Decline in US pension plans, says BNY Mellon
05 February 2015
Reporter Stephanie Palmer

The funded status of typical US corporate pension plans declined by 4.9 percentage points to 82.4 percent in January, according to BNY Mellon’s Investment Strategy and Solutions Group...

Centaur opening New York office
04 February 2015
Reporter Stephanie Palmer

Centaur Fund Services is expanding in to the US with a new office in New York, to be headed by newly-appointed head of business development for America, Bryan McCooey...

Nasdaq launches low-fees experiment
03 February 2015
Reporter Stephanie Palmer

Nasdaq has begun an experimental fees programme, lowing access fees for 14 key stocks representing both large and small firms on the US equity listings venue...

BNY Mellon and Deutsche AWM seal the deal
02 February 2015
Reporter Stephanie Palmer

BNY Mellon has signed an agreement with Deutsche Asset and Wealth Management to provide real estate and infrastructure fund administration services...

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