BOLD® Future offers retail clients the opportunity to make a social impact through Dreyfus' flagship money fund in partnership with Howard University NEW YORK, June 5, 2024 /PRNewswire/ -- Dreyfus, BNY Mellon's affiliated liquidity manager, today announced the launch of BOLD® Future, a new share class for retail investors of the Dreyfus Government Cash Management fund. Building on the demand from institutional investors for BOLD, which stands for Black Opportunity for Learning and Development, BOLD Future w ...

The added features include the wealth management platform's first tool designed for investors and a cloud-based tool created for C-suite financial executives to better manage enterprise data NEW YORK, June 4, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY Mellon") (NYSE: BK), the global financial services company, announced today new enhancements to Pershing X's Wove platform, which is designed to help registered investment advisors, broker-dealers and wealth management firms connect an ...

BNY Mellon's managed accounts ecosystem brings unique value and access for advisors The bundled offering enables RIAs, broker-dealers and banks to use multiple solutions provided by BNY Mellon at a discount and could see up to 40% in savings1 NEW YORK, June 4, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY Mellon") (NYSE:BK), the global financial services company, today announced at its INSITE conference a bundled offering delivered through Pershing that enables financial advisors to acc ...

Financial advisors, broker-dealers and RIAs can now access customized tax solutions and an expanded range of direct indexing strategies that provide a variety of market exposures NEW YORK, June 4, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY Mellon") (NYSE: BK), the global financial services company, today announced the launch of customized tax solutions and the expansion of its direct indexing suite, BNY Mellon Precision Direct IndexingSM. This evolution will allow advisors to select ...

NEW YORK, May 17, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY Mellon") (NYSE: BK), the global financial services company, will report financial results for the second quarter 2024 on Friday, July 12, 2024. Materials will be posted to BNY Mellon's website at approximately 6:30 a.m. ET, and management will host a conference call and simultaneous live audio webcast at 9:30 a.m. ET that same day. This conference call and audio webcast will include forward-looking statements and may includ ...

A month has gone by since the last earnings report for The Bank of New York Mellon Corporation (BK) . Shares have added about 8% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is The Bank of New York Mellon due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. BNY Mellon Q1 ...

The announcement was made during the 25th Annual Bronx Week Bankers Breakfast sponsored by the Business Initiative Corporation of NY and Bronx Economic Development Corporation, hosted by Bronx Borough President Vanessa L. Gibson NEW YORK, May 10, 2024 /PRNewswire/ -- BNY Mellon (NYSE:BK), the global financial services company, today announced a collaboration with Ponce Bank, a Bronx-based Minority Deposit Institution (MDI), as part of the U.S. Treasury Department's Financial Agent Mentor-Protégé Program. Th ...

The Bank of New York Mellon Corp. (BK) remains well-poised for revenue growth on the back of a strong balance sheet, higher rates and expansion initiatives. However, an elevated expense base and concentrated revenues from fee income are concerns.High interest rates continue to support BNY Mellon’s net interest revenues (NIR) and net interest margin (NIM), though a rise in funding costs exerts pressure on both.The company’s NIR witnessed a compound annual growth rate (CAGR) of 3.8% over the five years ended ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended March 31, 2024 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 incorporation or org ...

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Has The Bank of New York Mellon Corporation (BK) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.The Bank of New York Mellon Corporation is one of 859 companies in the Finance group. The Finance group currently sits at #11 within the Zacks Sector Rank. The Zacks Sector Rank ...