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 ...

NEW YORK--(BUSINESS WIRE)--BNY Mellon High Yield Strategies Fund (NYSE: DHF) today announced a monthly cash distribution of $0.0175 per share of beneficial interest, 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 $0.0175 per share investment income dividend represents an increase of $0.0025 from the previously declared monthly net investment income dividend of $0.015 per share. The dividend increase primarily reflec ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Fiscal Year Ended December 31, 2023 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number 001-35651 THE BANK OF NEW YORK MELLON CORPORATION (Exact name of registrant as specified in its charter) Delaware 13-2614959 (State or other jurisdiction of (I.R.S. Employer incorpor ...

Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a met ...

NEW YORK--(BUSINESS WIRE)--BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (the "Fund") today announced the final results of its quarterly tender offer (the "Tender Offer") for up to 2.5% of the Fund's issued and outstanding shares of common stock (the "Shares"). The Tender Offer, which expired at 5:00 p.m. Eastern time on February 13, 2024, was oversubscribed. Therefore, in accordance with the terms and conditions of the Tender Offer, the Fund will purchase Shares from all tendering sharehold ...