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Bank of New York Mellon Corp (BK)

BK on New York Consolidated

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19 Jan 2018
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Latest Key Developments (Source: Significant Developments)

BNY Mellon Investment Management​ ‍to sell CenterSquare Investment Management
Wednesday, 20 Sep 2017 11:00am EDT 

Sept 20 (Reuters) - BNY Mellon Investment Management​::Sale of CenterSquare business to CenterSquare Management and Lovell Minnick Partners​.‍Entered agreement to sell business of real assets investment boutique CenterSquare Investment Management.Terms of transaction were not disclosed.  Full Article

Bank of New York Mellon ‍issued $750 mln of its 3.300% senior subordinated medium-term notes
Wednesday, 23 Aug 2017 06:16pm EDT 

Aug 23 (Reuters) - Bank Of New York Mellon Corp :Bank of New York Mellon Corp - ‍Issued $750 million aggregate principal amount of its 3.300% senior subordinated medium-term notes series K due 2029​.  Full Article

Nicholas Donofrio to retire from Bank of New York Mellon board effective sept 30
Thursday, 17 Aug 2017 05:08pm EDT 

Aug 17 (Reuters) - Bank Of New York Mellon Corp :Bank of New York Mellon Corp - on Aug 14, Nicholas Donofrio notified co of his decision to retire from co's board effective Sept 30 - SEC filing‍​.  Full Article

Bank of New York Mellon Q2 earnings per share $0.88
Thursday, 20 Jul 2017 06:30am EDT 

July 20 (Reuters) - Bank Of New York Mellon Corp :Qtrly provision for credit losses was a credit of $7 million versus a credit of $9 million .BNY mellon reports second quarter earnings of $926 million or $0.88 per common share.Q2 earnings per share $0.88.Q2 earnings per share view $0.84 -- Thomson Reuters I/B/E/S.qtrly ‍total revenue of $3.96 billion, increased 5% year-over-year​.‍approved quarterly common stock dividend increase of 26% to $0.24 per share and repurchase of up to $3.1 billion of common stock​.At Q2-end, ‍AUM of $1.77 trillion increased 6% reflecting higher market values and net inflows​.Q2 net interest revenue $826‍​ million versus $767 million.qtrly non-GAAP total revenue $3,953 million versus. $3,772 million.Q2 revenue view $3.89 billion -- Thomson Reuters I/B/E/S.  Full Article

Charles W. Scharf appointed CEO of BNY Mellon to become chairman
Monday, 17 Jul 2017 07:29am EDT 

July 17 (Reuters) - Bank Of New York Mellon Corp :Charles W. Scharf appointed CEO of BNY Mellon; to become chairman on January 1, 2018.Bank of New York Mellon Corp - ‍gerald L. Hassell will remain chairman of board through his retirement on December 31, 2017​.Bank of New York Mellon Corp - ‍gerald L. Hassell will continue to serve as chairman of board through December 31, 2017​.Bank of New York Mellon Corp - Scharf was most recently chief executive officer and director of Visa Inc. from October 2012 through December 2016.  Full Article

BNY Mellon, One Investment Group announce strategic alliance
Wednesday, 28 Jun 2017 06:00pm EDT 

June 28 (Reuters) - Bank Of New York Mellon Corp ::BNY Mellon and One Investment Group create strategic alliance to deliver global custody services to Australian fund managers.Bank Of New York Mellon - agreement provides OIG clients with access to co's global network, international custody and capital markets services.  Full Article

Bank of New York Mellon-board repurchase of up to $2.6 bln of co's stock, par value $0.01 per share, over four-quarter period ‍​
Wednesday, 28 Jun 2017 05:14pm EDT 

June 28 (Reuters) - Bank Of New York Mellon Corp ::Bank of New York Mellon-board approves repurchase of up to $2.6 billion of co's stock, par value $0.01 per share, over a four-quarter period ‍​.Bank of New York Mellon Corp - the board also approved the additional repurchase of up to $500 million of the company’s common stock.Bank of New York Mellon Corp - new common stock repurchase plan replaces all previously authorized common stock repurchase plans.Bank of New York Mellon Corp - 2017 capital plan also includes about 26 percent increase to company’s quarterly cash dividend, commencing as early as q3 of 2017.  Full Article

Bank of New York Mellon formed a wholly-owned subsidiary, BNY Mellon Government Securities Services Corp
Wednesday, 31 May 2017 09:00am EDT 

May 31 (Reuters) - Bank of New York Mellon Corp :Formed a wholly-owned subsidiary, BNY Mellon Government Securities Services Corp.BNY Mellon Government Securities Services will be headquartered in New York.Bank of New York Mellon - ‍BNY Mellon Government Securities Services appointed Brian Ruane as CEO to lead management and operations of subsidiary​.Bank of New York Mellon-BNY Mellon Government Securities Services board to include Elizabeth Robinson,Richard Ketchum,David Weisbrod as independent directors​.  Full Article

Bank of New York Mellon Corp says issued $750 million aggregate principal amount of its 3.250% senior medium-term notes
Tuesday, 16 May 2017 05:14pm EDT 

May 16 (Reuters) - Bank Of New York Mellon Corp :Bank of New York Mellon Corp says issued $750 million aggregate principal amount of its 3.250% senior medium-term notes series J due 2027 - SEC filing.  Full Article

Bank of New York Mellon Corp says issued $750 million aggregate principal amount of its 3.250% senior medium-term notes
Tuesday, 16 May 2017 04:08pm EDT 

May 16 (Reuters) - Bank Of New York Mellon Corp :Bank of New York Mellon Corp - issued $750 million aggregate principal amount of its 3.250% senior medium-term notes series J due 2027 - SEC filing.Bank of New York Mellon - also issued $1 billion principal amount of its 2.661% fixed rate/floating rate callable senior medium-term notes series J due 2023.  Full Article

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Brazilian prosecutors ask BNY Mellon unit to return $2.5 billion to local fund

(This story corrects seventh paragraph to say 'fiduciary manager', not 'fiduciary administrator', in BNY Mellon statement.)