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The Salvation Army versus BNY Mellon continues
01 February 2013 New York
Reporter: Georgina Lavers

A judge has refused to throw out a lawsuit from The Salvation Army that claims BNY Mellon mismanaged its assets by investing the collateral used for securities lending in risky mortgage backed securities...

Beneficial owner conference: absolute regulation disrupts absolutely
31 January 2013 New Orleans
Reporter: Mark Dugdale

The IMN Beneficial Owners’ International Securities Lending Conference had to compete with Mardi Gras and the run-up to the Super Bowl for its attendees’ attention...

RMA plays nice with FSB’s “shadow banking” recommendations
18 January 2013 Switzerland
Reporter: Georgina Lavers

The Committee on Securities Lending of the Risk Management Association has responded to the FSB on its proposals to toughen up regulation of “shadow banking”, praising the board’s efforts to understand the sector...

BNY Mellon 4Q results reveal dip in securities lending revenue
17 January 2013 New York
Reporter: Georgina Lavers

While improvement in market values meant good news for BNY Mellon’s investment management, asset servicing, clearing and treasury services businesses, investment services fared slightly worse in the bank’s Q4 2012 results...

BNY Mellon promotes Keaney to CEO of Investment Services
17 December 2012 New York
Reporter: Jenna Jones

BNY Mellon has appointed Timothy Keaney as CEO of Investment Services as the firm aligns its asset servicing, corporate trust, depositary receipts, global markets, global collateral services, broker dealer services and Pershing businesses under his l

Five ways for portfolio managers to cut costs
14 December 2012 London
Reporter: Georgina Lavers

A new paper from BNY Mellon in association with banking consultants Rule Financial examines the impact that a reform of the OTC derivatives markets will have on all users of those instruments...

CME Clearing opts for BNY Mellon services
13 December 2012 London
Reporter: Jenna Jones

CME Clearing Europe has selected BNY Mellon to provide triparty collateral management services supporting the buy side, sell side and clearing houses...

We’re not ready for cleared OTC environment, say insurers
06 December 2012 London
Reporter: Georgina Lavers

Nearly half (46 percent) of insurers have either not yet initiated or concluded their impact assessment of changes mandated by EMIR and the Dodd-Frank Act...

BNY Mellon makes Solway regional head of equity finance
29 November 2012 Hong Kong
Reporter: Jenna Jones

Paul Solway has been appointed as BNY Mellon’s managing director and regional head of equity finance for Asia-Pacific, confirming a story that SLT reported in early October...

BNY Mellon renews VRS securities lending contract
09 November 2012 New York
Reporter: Jenna Jones

BNY Mellon will continue to provide custody banking services, including securities lending, to the Virginia Retirement System (VRS), after its contract was renewed for five years with an option of extending for another five-year period...

Euroclear adds Frank LaSalla to board of directors
18 October 2012 New Jersey
Reporter: Jenna Jones

Frank LaSalla, has been named to the board of directors of both Euroclear and Euroclear SA/NV...

Good news for BNY Mellon lawsuit
15 October 2012 New York
Reporter: Georgina Lavers

Filed in July 2009, a lawsuit against BNY Mellon looks to drag on even longer after a judge recently denied a motion for class certification...