Kay Hayre has joined BNY Mellon as co-head of investment managers (IM) sales. In this role, Hayre will partner with co-head Laura Steinbach to drive business development activities, advance strategic relationships, and grow the firm’s pipeline of opportunities with IM prospects and clients globally. She will focus on IM business development internationally, whilst Steinbach will…
Category: BNY Mellon
Duncan Cooper joins BNY Mellon to head EMEA digital solutions
Duncan Cooper has joined BNY Mellon as EMEA head of global digital solutions, based in the UK. He joins from HSBC, where he was head of data products strategy for securities services.
BNY Mellon appoints Mark Militello as Japan country executive
BNY Mellon has appointed Mark Militello as Japan country executive, subject to regulatory approval. He will continue as Asia Pacific head of markets and clearance and collateral management. He is currently based in Hong Kong and he will relocate to Japan. He replaces Doug Hymas, who is leaving the firm.
BNY Mellon to service Pioneer Funds for Amundi US
Amundi US, the US business of Amundi, one of the world’s ten largest asset managers, has appointed BNY Mellon to provide custody, fund accounting, administration and transfer agency services for the Pioneer Funds, which are managed by Amundi US. Amundi and BNY Mellon recently announced an alliance involving Amundi’s ALTO* portfolio management technology platform and…
BNY Mellon launches digital assets unit
BNY Mellon has established a Digital Assets unit that will accelerate the development of solutions and capabilities to help clients address growing and evolving needs related to the growth of digital assets, including cryptocurrencies. The cross-functional, cross-business team, which will be led by Mike Demissie, head of Advanced Solutions at BNY Mellon, is currently developing…
Gabelli appoints BNY Mellon to support actively managed ETF
BNY Mellon has been selected by Gabelli Funds to support the launch of its new actively managed ETF, Gabelli Love Our Planet and People (LOPP). BNY Mellon will provide integrated custody, accounting, administration and ETF services, including its proprietary ETF Center, which offers technology designed to support actively managed ETFs.
CIBC Mellon and State Street are winners as BlackRock fires Scotiabank
BlackRock Canada, an indirect, wholly-owned subsidiary of BlackRock, Inc., has announced changes to the custodian line-up for its iShares Gold Bullion ETF and iShares Silver Bullion ETF. CIBC Mellon Trust Company will act as bullion custodian for the iShares Funds, and State Street Trust Company Canada as custodian of the non-bullion assets of the iShares…
BNY Mellon & Google Cloud partner to improve U.S. Treasurys efficiency
BNY Mellon has partnered with Google Cloud to help U.S. Treasury market participants predict settlement failures, generate significant capital and liquidity savings, and unlock operational efficiencies. The initiative will leverage Google Cloud’s data analytics, artificial intelligence and machine learning technologies to develop new collateral management and liquidity solutions built on Google Cloud. BNY Mellon is…
BNY Mellon opens branch in Madrid
BNY Mellon has opened a new branch in Madrid, Spain. Mariano Giralt will assume the role of branch manager, with Ana Arias as deputy branch manager. Both are internal appointments.
Nykredit transfers depositary business to BNY Mellon
Nykredit, one of Denmark’s largest financial services companies, has agreed to transfer its depositary business to BNY Mellon. Working together since 2008, BNY Mellon has provided custody, and Nykredit depositary services, to a wide range of clients in Denmark. As part of the agreement, a small team of employees will transfer to BNY Mellon. The…