Rob Ferguson, vice president, product and client service, global securities lending, and Robert Chiuch, vice president, head of trading, global securities lending, will share cross-functional responsibilities in replacing James Slater.
BNY Mellon has been chosen by Goldman Sachs International (GSI) to provide a segregated sub-custody service to GSI's prime brokerage clients through Montague Place Custody Services (MPCS).
BNY Mellon Asset Servicing has appointed James Slater to the newly created role of managing director and chief operating officer for Global Securities Lending. Slater will report to Kathy Rulong, executive director of Global Securities Lending
BNY Mellon, has been authorized by the China Banking Regulatory Commission (CBRC) to set up a banking branch in Beijing. BNY Mellon received a license for its Shanghai branch in 1999.
BNY Mellon Asset Servicing, has been appointed by Bankenes sikringsfond (Norwegian Banks' Guarantee Fund) to provide global custody and related services for assets valued at NOK 18.5 billion (USD 3 billion).
BNY Mellon Alternative Investment Services (AIS), has introduced enhanced accounting and reporting functionality for side pocket accounts and special purpose vehicles (SPVs). The new service offers hedge fund managers greater flexibility.
BNY Mellon, is to provide derivatives collateral management services to the German investment management industry, via its DM Edge platform. DM Edge is a comprehensive derivatives margin management service
BNY Mellon Asset Servicing, has been ranked No.1 in the Single Provider and USD 1-10 Billion categories within Global Custodian magazine's 2010 Securities Lending survey.
BNY Mellon Asset Servicing has launched i-BID(SM) ADVANTAGE, a unique new securities lending auction capability delivered via the company's auction platform, i-BID.
BNY Mellon, was recently selected by Promark Investment Advisors, Inc., which manages pension plan investment programs, to provide derivatives collateral management services through its Derivatives 360 suite of products.