NEW YORK, Feb. 13, 2024 /PRNewswire/ -- BNY Mellon (NYSE: BK) today announced that Dermot McDonogh, Chief Financial Officer, will speak at the RBC Capital Markets Global Financial Institutions Conference in New York at 3:20 p.m. ET on Tuesday, March 5, 2024. The discussion may include forward-looking statements and other material information. A live webcast of the audio portion of the conference will be available on the BNY Mellon website (www.bnymellon.com/investorrelations). An archived version of the aud ...

New capabilities will help increase scale for ETF users across the Asset Management industry NEW YORK, Feb. 12, 2024 /PRNewswire/ -- BNY Mellon (NYSE: BK), the global financial services company, announced today the launch of its next-gen ETF basket construction platform. The new comprehensive platform will provide asset managers with a digital workflow, backed by start-of-day net asset value (NAV) data, to present vital market-making information to liquidity providers. This solution will support asset manag ...

NEW YORK, Feb. 6, 2024 /PRNewswire/ -- BNY Mellon (NYSE: BK) today announced that Jim Crowley, Global Head of Pershing, will speak at the UBS Financial Services Conference in Key Biscayne, Florida at 12:10 p.m. ET on Tuesday, February 27, 2024. The discussion may include forward-looking statements and other material information. A live webcast of the audio portion of the conference will be available on the BNY Mellon website (www.bnymellon.com/investorrelations). An archived version of the audio portion wil ...

The Zacks Major Regional Banks will benefit from high rates as net interest income (NII) continues to rise, despite increasing funding costs and weakening loan demand putting a strain on net interest margin (NIM) expansion. Solid economic growth will also support banks’ financials in the near term.Business restructuring/expansion initiatives and digitization will offer support. While weakening asset quality is now likely to exert some pressure on the financials, major banks like JPMorgan Chase & Co. (JPM) , ...

Canadian FinTech SS&C is reportedly accusing banking giant BNY Mellon of data misuse.The long-standing legal dispute is returning to court, Bloomberg News reported Monday (Feb 5), with SS&C — which provides operations services for investment managers — saying it is owed nearly $890 million by the banking giant.According to the report, the case began when SS&C uncovered information that led it to believe BNY had taken financial markets data and shared it with dozens of other entities, without permission and ...

NEW YORK, Feb. 5, 2024 /PRNewswire/ -- BNY Mellon (NYSE:BK) and Microsoft are joining forces to transform capital markets and the broader financial services industry. Using Microsoft Azure cloud and BNY Mellon's extensive financial data and analytics capabilities the platform will provide BNY Mellon's buy side and sell side clients with a leading data management solution. The global alliance between two of the world's leaders in their respective industries will help enable financial institutions to navigate ...

NEW YORK--(BUSINESS WIRE)--BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0300 per share of common stock, payable on March 1, 2024 to shareholders of record at the close of business on February 20, 2024. The ex-dividend date is February 16, 2024. The previous distribution announced in January was $0.0300 per share of common stock. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its projected per ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yiel ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, February 2:The Bank of New York Mellon Corporation (BK) : This company which provides financial products and services has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.8% over the last 60 days.The Bank of New York Mellon Corporation's shares gained 22.6% over the last three months compared with the S&P 500’s advance of 10.8%. The company possesses a ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, February 2:Veolia Environnement SA (VEOEY) : This environmental services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8% over the last 60 days.Veolia Environnement has a PEG ratio of 0.49 compared with 2.01 for the industry. The company possesses a Growth Score of A.Coca-Cola FEMSA, S.A.B. de C.V. (KOF) : This Coca-Cola franchise ...