The Bank of New York Mellon

BNY Mellon’s Systems Back to Near Normal
Technology

BNY Mellon’s Systems Back to Near Normal

'We do not yet know the root cause of the failure, but we will be conducting a thorough analysis,' said the bank's CEO.
By Katie Kuehner-Hebert | September 1, 2015
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BNY Mellon’s Software Glitch Delays Fund Calculations
Corporate Finance

BNY Mellon’s Software Glitch Delays Fund Calculations

Troubles in an outsourced accounting system leave mutual fund and ETF investors unsure of the value of their holdings.
By Katie Kuehner-Hebert | August 27, 2015
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BNY Mellon, U.S. Bank Hit With Suits Over RMBS Losses
Risk & Compliance

BNY Mellon, U.S. Bank Hit With Suits Over RMBS Losses

The FDIC sued the banks over their role as trustees of nearly $2.2 billion of securities purchased by failed financial institution Guaranty Bank.
By Matthew Heller | August 20, 2015
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BNY Mellon Interns Hired as Favors, SEC Says
Risk & Compliance

BNY Mellon Interns Hired as Favors, SEC Says

The case involved the hiring of three interns who are related to two officials of a Middle Eastern sovereign wealth fund.
By Matthew Heller | August 18, 2015
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Banks and Interest Rates: Aiming for the Net
The Economy

Banks and Interest Rates: Aiming for the Net

Banks once dreaded rate rises. Are they right to look forward to them now?
By Economist Staff | July 10, 2015
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BNY Mellon Settles Forex Pricing Allegations
Legal

BNY Mellon Settles Forex Pricing Allegations

The custody bank agrees to pay $714 million for overcharging pension funds and other customers on foreign exchange trades.
By Katie Kuehner-Hebert | March 20, 2015
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