A.M. Best, a rating agency of alternative risk transfer entities, has affirmed the financial strength rating of ‘A’ (Excellent) and the long-term issuer credit rating of ‘a+’ (Excellent) for two BNY Mellon subsidiary insurance companies
Roman Regelman, chief executive officer of asset servicing at BNY Mellon, will also assume leadership of the Issuer Services business, effective immediately
BNY Mellon veteran Frank La Salla to become president and CEO of DTCC, joining the company as CEO-elect in July. Mike Bodson retires after a distinguished 10 years in charge
Total repo contract value outstanding on the books of 57 firms responding to the latest European Repo and Collateral Council (ERCC) survey has grown to a record €9.2 billion, rising from €8.7 billion in the June 2021 survey and up 11 per cent YoY
Gareth O'Loughlin joins GLMX as vice president of engineering and Joseph Russo as director of money market sales, respectively, at the firm’s New York office
This development leverages BNY Mellon’s automated delivery service and fuses together the firm’s triparty schedule and collateral acceptability data into Pirum’s collateral management services