Bank of New York Mellon

KPMG Fined $6.1 Million by U.K. Regulator
Risk & Compliance

KPMG Fined $6.1 Million by U.K. Regulator

The fine is the latest in a series of penalties levied on KPMG for poor performance.
By Lauren Muskett | August 2, 2019
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BNY Mellon Names Mike Santomassimo CFO
People

BNY Mellon Names Mike Santomassimo CFO

Santamassimo will replace Thomas Gibbons as part of new CEO Charlie Scharf's "bid to put his stamp on the custody bank.”
By Matthew Heller | November 14, 2017
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British Accounting Watchdog Investigating KPMG
Risk & Compliance

British Accounting Watchdog Investigating KPMG

The U.K. Financial Reporting Council is looking at whether KPMG adequately reported on Bank on New York Mellon's compliance with safe-keeping rules.
By Katie Kuehner-Hebert | June 23, 2015
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Banks Charge for Euro Deposits
Corporate Finance

Banks Charge for Euro Deposits

Corporations and others are paying a 0.2% fee as banks pass on the European Central Bank's negative interest rate on deposits.
By Matthew Heller | October 20, 2014
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