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Sen. Durbin wants the bank to ease its college marketing efforts; the Consumer Bankers Association wants the government to make more room for private lenders.
March 8 -
The banks behind the Zelle network had more in mind than P-to-P payments between consumers, and BNY Mellon is beginning the network's evolution by targeting the business payments market.
February 7 -
Bank stocks recovered some of their lost value on Tuesday on extremely high levels of trading volume. The lone exception: Wells Fargo.
February 6 -
SEC, CFTC heads say cyber markets “show little or no regard” for regulation; Dimon and Blankfein say president’s policies help the economy and their businesses.
January 25 -
BNY Mellon plowed some of its tax law savings into restructuring efforts.
January 18 -
The move follows a shareholder proposal filed by Boston-based Arjuna Capital and is the first of its kind by a big U.S. bank.
January 16 -
Rather than forming a consortium of peers to investigate blockchain technology, as many banks have done, one of the world's largest asset managers is acting on its own.
December 12 -
Some are in new roles or replacing legends, others are embracing new strategies or eyeing big deals and at least one is currently out of banking — but could soon resurface. Here are the industry executives to keep an eye on in 2018.
December 11 -
Bipartisan proposal would remove the SIFI label from more than two dozen banks; European regulator cautions investors on the risks as bitcoin price plunges.
November 14 -
In his first major move as CEO, Charlie Scharf has made several management changes at Bank of New York Mellon.
November 13 -
Growth in asset servicing offset declines in fees from foreign exchange and depositary receipt activity.
October 19 -
The agencies will give eight of the largest U.S. banks an extra year to file upcoming resolution plans, and suggested they may stretch out the filing schedule on a more ongoing basis.
September 28 -
Under Herena’s leadership, BNY Mellon is making significant progress in attracting and retaining top talent.
September 25 -
Being in the forefront of change is nothing new for Michelle Neal, who leads BNY Mellon Markets.
September 25 -
Paulette Mullings Bradnock is the first woman to hold the title of chief auditor at the venerable bank.
September 25 -
Advancements aimed at speeding the flow of information by eliminating manual processing are helping the global custody bank attract new clients and win more business from existing ones, fueling revenue growth and improving efficiency.
July 27 -
Why choose a former Visa chief to run a custody bank? Because to survive long term, Bank of New York Mellon will have to look more and more like a payments company.
July 17 -
A recently announced partnership with Nasdaq is one of multiple investments Citi has made in ventures related to distributed ledger technology, its chief financial officer said Tuesday.
June 13 -
Money laundering in Latin America is said to be worsening and a corruption probe in Brazil adds to the worries, but Latin American banks are fighting hard to preserve business with U.S. banks.
May 1 -
JPMorgan Chase’s Colleen Briggs and Fiona Greig are among those working on ways to help a growing segment of consumers with wildly fluctuating incomes. Plus, the women of Wells Fargo’s board and a big promotion at Citi.
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