BNY

BNY Mellon snags tech exec from Bank of America as CTO; dissent spreads at CFPB over top aide's writings; Anne Finucane ready to lead BofA's European operations; and more from this week's most-read stories.

The 2018 Most Powerful Women in Banking festivities kicked off Wednesday night with cocktails and conversation at the Alley Cat Amateur Theater in New York's Financial District.

Sabet Elias has been named the trust bank's chief technology officer and will report to another BofA alum, Bridget Engle.

As Monique Herena sees it, financial firms and investors are bypassing huge opportunities by failing to invest in industries that could increase economic opportunity for women across the globe.

As competitors retreated from securities lending, BNY Mellon's Michelle Neal saw an opening.

A good leader leads by example. A great one gets down in the trenches with her team even as she is dealing with serious health issues and the demands of her job are pulling her in multiple directions. That was Paulette Mullings Bradnock in early 2017.

BNY Mellon, JPMorgan and Bank of America are recruiting interns from Year Up, many of whom lack college degrees but are trained in high-demand fields such as cybersecurity and anti-money-laundering.

They are disinclined to talk about it much yet, but the big three trust banks as well as JPMorgan and Goldman are said to be mulling custody services that would help shield wealthy bitcoin investors from theft. Here are the selling points and the risks.

Kathy Kraninger emerges “unscathed” in testy Senate confirmation hearing; the bank is reportedly refunding money it charged customers for add-on services.

Assets under custody and administration surged to a record high of $33.6 trillion, the trust bank said in its second-quarter report.