NEW YORK and SAN DIEGO, April 9, 2024 /PRNewswire/ -- BNY Mellon (NYSE:BK), the global financial services company, today announced a new collaboration of its short-term investment platform, LiquidityDirect, with Kyriba, a global leader in cloud treasury and finance solutions. This development combines Kyriba's secure, scalable SaaS solution to BNY Mellon's LiquidityDirect platform to enhance liquidity performance and unlock greater cash visibility. In addition, clients are provided with a seamless, holistic ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering The Bank of New York Mellon Corporation (BK) , which belongs to the Zacks Banks - Major Regional industry.This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 12.84%.For the most recent quarter, The Bank of New York Mellon was expected to post ...

The Bank of New York Mellon Corp. (BK) announced partnership expansion between its Investment Management business and alternative credit specialist CIFC. This will enhance product offerings across both public and private markets, particularly in the U.S. private credit.BNY Mellon has been providing services to CIFC as a valuable client for more than 10 years. This partnership is in alignment with the company’s expansion efforts and enable its investment management business to access CIFC’s U.S. direct lendi ...

NEW YORK, March 21, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY Mellon") (NYSE: BK) today announced that it will redeem all of the issued and outstanding Floating Rate Senior Notes due April 26, 2024 (CUSIP 06406RAT4) (the "Notes"). The Notes have an aggregate principal amount of $400,000,000. The redemption date for the Notes is March 26, 2024 (the "Redemption Date"). The redemption price for the Notes will equal 100% of the principal amount of the Notes plus any accrued and unpaid i ...

CIFC will leverage BNY Mellon's international distribution network giving BNY Mellon clients access to CIFC's U.S. direct lending capabilities NEW YORK , March 20, 2024 /PRNewswire/ -- BNY Mellon (NYSE:BK), a leading global financial services company, today announced an expanded partnership between alternative credit specialist CIFC and BNY Mellon Investment Management (BNY Mellon IM).   Building on a long-standing relationship between BNY Mellon and CIFC, this expanded partnership will see BNY Mellon IM h ...

Goldman Sachs and BNY Mellon are reportedly delving deeper into the world of blockchain transactions.The two banks were among several firms that took part in a series of tests on a blockchain network connecting various financial institutions, one of the largest-scale of such pilots in capital markets, Bloomberg News reported Tuesday (March 12).According to the report, the so-called Canton Network was launched last year by the startup Digital Asset Holdings. Participants made more than 350 simulated transact ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.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 yield, a metric tha ...

WASHINGTON--(BUSINESS WIRE)--Today, America250, the official nonpartisan entity charged by Congress with planning the 250th anniversary of the signing of the Declaration of Independence, in collaboration with BNY Mellon, the 240-year-old global financial services company that played a pivotal role in the development, growth, and rise of the United States, is launching “America’s Field Trip,” — a nationwide scholastic contest with awardees receiving behind-the-scenes experiences at iconic American historical ...

Ashton Thomas Securities, a hybrid broker-dealer of Ashton Thomas Private Wealth whose advisors manage over $5B in client assets, will use Pershing's clearing and custody services, as well as BNY Mellon's direct indexing solutions NEW YORK, March 4, 2024 /PRNewswire/ -- BNY Mellon's Pershing (NYSE: BK), a leading provider of global financial business solutions, announced today it will support Ashton Thomas Securities, an independent broker-dealer and registered investment advisor (RIA) owned by Arax Investm ...

NEW YORK--(BUSINESS WIRE)--On February 27, 2024, BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (Ticker: XALCX) declared a distribution of $2.00 per share of common stock, payable on April 1, 2024, to shareholders of record at the close of business on March 12, 2024. The ex-dividend date is March 11, 2024. The previous distributions declared in December were a quarterly distribution of $2.00 per share of common stock and a special year-end distribution of $2.38 per share of common stock. The F ...