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MBIA, the municipal bond insurance giant, suffered a major customer data breach that exposed customer data of an asset-management subsidiary that Bank of New York Mellon has agreed to buy.
October 7 -
Bank of New York Mellon has agreed to buy the fixed-income firm Cutwater Asset Management from MBIA.
October 6 - WIB PH
Last year's No. 1 Woman to Watch, Karen Peetz is this year's No. 2 Most Powerful Woman in Banking. It's a customary for spot for Peetz, who had been a fixture among the top five for years and was ranked No. 1 in 2011.
September 22
Bank of New York Mellon has named James Wiener chief risk officer.
His appointment at the $337 billion-asset bank takes effect Nov. 24. He will report directly to Gerald Hassell, BNY Mellon's chairman and chief executive.
He was also made a senior executive vice president at the bank.
Weiner most recently worked as a senior partner at Oliver Wyman, where he focused on helping banks plan for the Federal Reserve's comprehensive capital analysis reviews. He joined the consulting firm in 1994.
Weiner succeeds Brian Rogan, who plans to retire at the end of the year.
