Charles Scharf

The custody bank benefited from a wide range of economic forces in the first quarter.

BNY Mellon plowed some of its tax law savings into restructuring efforts.

In his first major move as CEO, Charlie Scharf has made several management changes at Bank of New York Mellon.

Growth in asset servicing offset declines in fees from foreign exchange and depositary receipt activity.

Charlie Scharf, the former chief executive officer of Visa Inc., was named chairman of the New York City Ballet, the largest dance organization in the U.S.

In his last earnings call as Visa's CEO, Charles Scharf spoke about the card brand's outlook for new technology and China.

Outgoing CEO Charles Scharf said the acquisition of Visa Europe is starting to pay off.

The compensation package will put incoming Visa CEO Alfred F. Kelly's income on par with Ajay Banga, Mastercard's CEO.

Longtime Amex exec Alfred F. Kelly Jr. will be taking over as Visa CEO at a time when much is at stake for the global card network.

The information you need to start your day, including top headlines from PaymentsSource and around the Web. In today's briefing: Charles Scharf's tenure; Apple Pay's goals; giving up gift cards.