Bank of New York Mellon
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.
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.”
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.