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BNY Mellon and Global Prime Partners team up
07 November 2013 London
Reporter: Mark Dugdale

BNY Mellon’s broker-dealer services business will provide clearing and custody services to Global Prime Partners’s emerging investment manager clients...

State Street's Bonn steps down from sec finance role
07 November 2013 Boston
Reporter: Mark Dugdale

Nicholas Bonn is leaving his interim role as executive vice president and head of securities finance and portfolio solutions at State Street, but will stay on at the bank, sources have confirmed...

Pershing adds link to securities lending programme
06 November 2013 Jersey City
Reporter: Mark Dugdale

BNY Mellon company Pershing has created a “seamless” link between its PrimeConnect application and its Fully Paid Securities Lending programme...

BNY Mellon settles with Florida for $28 million
05 November 2013 Florida
Reporter: Mark Dugdale

BNY Mellon will pay $28 million to the State of Florida to settle allegations of overcharging for foreign currency transactions and cash reinvestment losses...

UK court awards damages to Swedish fund
28 October 2013 London
Reporter: Daniel Jackson

Commercial court awards undisclosed damages to Swedish fund Första AP-fonden AP1...

BNY Mellon stocks up collateral arsenal
28 October 2013 New York
Reporter: Georgina Lavers

BNY Mellon has added a liquidity aggregation service to its suite of risk and collateral management-related services..

BNY Mellon and CIBC Mellon create lending giant
22 October 2013 New York and Toronto
Reporter: Georgina Lavers

BNY Mellon and CIBC Mellon have merged their securities lending desks in a move that will make BNY Mellon’s securities finance business one of the largest providers of lending services in the world...

Lending revenue hits seasonal low for BNY Mellon
21 October 2013 New York
Reporter: Georgina Lavers

Securities lending revenue for BNY Mellon dropped $15 million from its last quarter, in the bank’s results for Q3 2013...

RMASL30: LatAm plans
15 October 2013 Boca Raton
Reporter: Mark Dugdale

Clients need Brazil to be developed into a free flowing liquid market, according to panellists at the 30th Risk Management Association Conference on Securities Lending in Boca Raton, Florida...

BNY Mellon picks up lucrative Hawaii mandate
11 October 2013 Hawaii
Reporter: Georgina Lavers

BNY Mellon has been named global custodian by the Employees’ Retirement System of the State of Hawaii (HIERS), encompassing more than $12.3 billion in pension fund assets...

Rob Coxon shakes things up at Northern Trust
10 October 2013 London
Reporter: Georgina Lavers

Rob Coxon has joined Northern Trust as a senior consultant for the bank’s change management consultancy team...

BNY Mellon pools all collateral services in new universe
27 September 2013 New York
Reporter: Georgina Lavers

BNY Mellon is seeking to aggregate all of its collateral functions by creating a ‘Collateral Universe’—the company’s suite of second-generation collateral management capabilities and solutions...