|Bid||0.00 x 1000|
|Ask||46.50 x 800|
|Day's Range||45.04 - 45.76|
|52 Week Range||40.52 - 54.27|
|Beta (5Y Monthly)||1.12|
|PE Ratio (TTM)||9.99|
|Forward Dividend & Yield||1.24 (2.70%)|
|Ex-Dividend Date||Jan 23, 2020|
|1y Target Est||N/A|
The Bank of New York Mellon Corporation ("BNY Mellon") today announced that it will redeem all of the issued and outstanding 2.150% Notes due February 24, 2020 (CUSIP 06406HCZ0) (the "notes"). The notes have an aggregate principal amount of $1,250,000,000.
The Bank of New York Mellon Corporation (NYSE: BK) today announced that its Board of Directors authorized dividends on its common and preferred stock as follows:
BNY Mellon Wealth Management has named Raymond J. Janvier as a Senior Client Strategist in Washington, D.C. Janvier will be responsible for acquiring and advising high net worth and family office clients, reporting directly to Managing Director Garrett Alton. He started in the role on December 18, 2019.
BNY Mellon Wealth Management has named Kent C. Moegerle as Regional Head of Client Strategy in Atlanta, GA. Moegerle will be responsible for ensuring that the South Eastern region maintains a superior level of client service, reporting directly to Regional President Chris Hohlstein. He started in the role on December 9, 2019.
BNY Mellon Wealth Management has named Stacie B. Kuhlman as Midwest Regional President, based in Chicago, IL. Kuhlman is responsible for generating new business and increasing the visibility of our brand within the market, reporting directly to President of Central Region Andrew Paterson. She began in the role on September 30, 2019.
BNY Mellon, a global leader in investment management and investment services, is pleased to announce that Victorian Funds Management Corporation (VFMC) has selected its Eagle Data Management product to underpin its comprehensive data and IT transformation strategy. The solutions, hosted on Eagle ACCESS℠, a secure private cloud, also include a Managed Services agreement to integrate, clean, enrich and validate multiple sources of investment data into one centralised location and help manage the technology environment for VFMC on a going-forward basis.
A major research study from BNY Mellon Investment Management, one of the largest asset managers in the world with $1.9 trillion in AUM as of September 30, 20191, and the world's third-largest fixed income manager by assets2, revealed a dramatic difference in levels of sophistication about fixed income investing between those surveyed who have worked with professional Financial Advisors (FAs) vs. those who have not. For example, nearly two-thirds (64%) of respondents who've worked with FAs reported they understand fixed income securities "a lot" or "somewhat" compared with just over one-third (35%) of those who've not enlisted professional guidance.
BNY Mellon's Pershing ("Pershing") today announced that it has completed the integration of its managed accounts technology with its annuity order entry platform, Subscribe®, delivering advisors streamlined annuity purchasing and servicing capabilities within its managed accounts solution.
JERSEY CITY, N.J., Nov. 20, 2019 /PRNewswire/ -- The financial advisory business has been on a 10-year bull run with growing revenue, assets and profits. This year's study shows that advisory firms continue to drive increased revenue and higher profitability and are generating substantial income for owners. According to the study, conducted by InvestmentNews Research, firms of all sizes experienced double-digit growth with median growth rate reaching 11% in 2018—more than double the growth experienced in 2016.
NEW YORK, Nov. 18, 2019 /PRNewswire/ -- A major research study from BNY Mellon Investment Management, one of the largest asset managers in the world with $1.9 trillion in AUM as of September 30, 20191, revealed millennials have a greater level of understanding over their older cohorts regarding the role fixed income plays in retirement planning and how the asset class responds to market cycles. When asked "At what point in time should the average investor consider adding fixed income to their investment portfolios?" just over a third (36%) of millennials2 responded "I don't know" compared with nearly half (45%) of Baby Boomers3, who are much closer to retirement age if not already in their retirement years. Perhaps even more surprising, a much greater percent of surveyed millennials reported having any fixed income allocations in their portfolios compared with Baby Boomers (43% and 32%, respectively).
U.S. fixed income top performing asset class with real estate rebounds posting second highest performance for the quarter NEW YORK , Nov. 13, 2019 /PRNewswire/ -- The BNY Mellon U.S. Master Trust Universe ...
NEW YORK , Nov. 12, 2019 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY Mellon") today announced that Jane Mancini has joined the firm as Head of Sales for Asset Servicing Americas. ...
NEW YORK , Nov. 8, 2019 /PRNewswire/ -- BNY Mellon will report financial results for the fourth quarter 2019 on Thursday, January 16, 2020 . Materials will be posted to BNY Mellon's website at approximately ...
NEW YORK, Nov. 6, 2019 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY Mellon") today announced several new partnerships as it continues to execute its digital strategy to better serve clients' increasingly complex needs. BNY Mellon remains dedicated to broadening the scope of its digital ecosystem both by actively advancing its own solutions as well as seeking opportunities to collaborate with best-in-class external partners.
SINGAPORE, Nov. 1, 2019 /PRNewswire/ -- BNY Mellon, a global leader in investment management and investment services, is reaffirming its commitment to being a leader in Singapore's vibrant and emerging fintech and innovative technology environment. The company, which established a Singapore presence in 1974, has continued to grow its influence in the region – including the opening of its Singapore Innovation Center in 2016. BNY Mellon is today announcing a number of new initiatives to further embed BNY Mellon into the fabric of Singapore's digital and financial ecosystem.
NEWPORT BEACH, Calif. , Oct. 31, 2019 /PRNewswire/ -- BNY Mellon Wealth Management has named Shaun Skeris as a Senior Client Strategist in Newport Beach, CA. Skeris will be responsible for acquiring and ...
NEW YORK, Oct. 29, 2019 /PRNewswire/ -- HedgeMark Advisors LLC, the hedge fund dedicated managed account ("DMA") platform unit of BNY Mellon, announced today that it has taken over the top spot as the largest hedge fund managed account platform provider globally with $21.2 billion in total platform assets, according to the HFM Global Composite index. The platform serves a wide range of institutional clients, including public and private pensions, fund of hedge funds, alternative asset managers, wealth managers, consultants and family offices.
NEW YORK, Oct. 21, 2019 /PRNewswire/ -- A new research study released today from BNY Mellon Investment Management, one of the largest asset managers in the world with $1.9 trillion as of September 30, 20191, and the world's third-largest fixed income manager by assets2, revealed the majority of Americans surveyed have limited understanding about fixed income investing regardless of age, income, education level, and other demographics. This lack of awareness ranged from the definition of bond investing, to different fixed income solutions, to the role fixed income plays in retirement planning, and the understanding of risk versus other asset classes.
NEW YORK , Oct. 16, 2019 /PRNewswire/ -- Revenue down 5% EPS up 1% ROE 11% ROTCE 21% (a) CET1 11.1% SLR 6.1% The Bank of New York Mellon Corporation ("BNY Mellon") (NYSE: BK) today reported: ...
NEW YORK, NY / ACCESSWIRE / October 16, 2019 / Bank Of New York Mellon Corp (NYSE: BK ) will be discussing their earnings results in their 2019 Third Quarter Earnings to be held on October 16, 2019 at ...
The new portal enables clients to easily manage and deliver models JERSEY CITY, N.J. , Oct. 14, 2019 /PRNewswire/ -- BNY Mellon's Pershing ("Pershing") today unveiled its new manager gateway, ...
JERSEY CITY, N.J., Oct. 9, 2019 /PRNewswire/ -- Capital markets appear highly dependent on a large set of binary outcomes that may have more to do with political negotiations than changes in market dynamics, according to the latest Lockwood Investment Insights commentary. "Markets have remained resilient through the third quarter, but negotiations over the United Kingdom's planned exit from the European Union, protests in Hong Kong as well as U.S. and China trade talks and impeachment proceedings, among other developments, will test investors' resolve in the coming months," said Matthew Forester, chief investment officer of Lockwood at BNY Mellon's Pershing and author of the report.
Digital tool provides advisors with a view of net new asset flows, allowing them to identify and focus on high growth areas of their business JERSEY CITY, N.J. , Oct. 8, 2019 /PRNewswire/ -- BNY Mellon's ...