Bank of New York Mellon Corp.'s wealth management division has hired two executives in Florida as it expands sales and portfolio management in the Southeast.

Investors are moving substantial sums out of bond funds and into emerging markets, much to financial advisers' delight.

Dreyfus, a unit of the asset management arm of Bank of New York Mellon, has announced the start-up of the Dreyfus Brazil Equity Fund.

The decision in Yvanova v. New Century Mortgage Corp. has the potential to radically increase the number of lawsuits brought by borrowers, particularly on loans that were pooled into securitized trusts.

Federal Housing Finance Agency Director Mel Watt stopped short of calling for Treasury to recapitalize the government-sponsored enterprises, but said "something needs to be done" before they run out of capital.

Mortgage servicers are actively discussing with regulators how current rules could be streamlined, and future rules could be shaped, to minimize costs and hassles.

There are several forbearance measures the agencies can take now to keep banks from failing in a downturn triggered by the coronavirus.

As smart device adoption continues to grow, users must be vigilant to not only change passwords but to take advantage of advanced security settings. By introducing 2FA, Google is adding necessary security measures to protect consumers, according to Pulse Secure’s Sudhakar Ramakrishna.

A managed services approach can help payment firms and fintechs pick the best open source projects, says Asset Control's Mark Hermeling.