BNY Mellon

Deutsche Bank fined for Epstein dealings; FICO unveils 'Resilience Index'

07/08/20

The German bank agreed to pay $150 million to New York State for its dealings with Jeffrey Epstein; the new tool will help lenders determine which borrowers are in the best shape to weather a crisis.

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BNY Mellon whistleblower gets $50 million; Citi sees an opening in EMEA

06/05/20

The employee assisted authorities in currency trading investigations that cost the bank $714 million; Citi is eyeing an expansion of its commercial banking ops in Europe, Middle East and Africa as other lenders exit on coronavirus fears.

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Big banks face renewed pressure on gender pay gap

03/04/20

An investment firm that has been pressuring large companies to enhance disclosures said that its efforts at JPMorgan Chase, Wells Fargo, Bank of America and Bank of New York Mellon are gaining ground.

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BNY Mellon’s early adoption of real-time payments paying dividends

01/27/20

The bank was one of the first users of The Clearing House's RTP network. Andrew Haskell explains how faster payments are helping the bank and its clients.

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Morgan Stanley not satisfied; lawmakers demand more answers from Dimon

01/17/20

The investment bank is raising its return on equity target following a record earnings year; Democrat lawmakers say JPMorgan's response on racial discrimination questions was inadequate.

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BNY Mellon’s shares tumble as revenue growth stalls

01/16/20

Despite the weaker-than-expected results, interim CEO Thomas Gibbons pledged to continue spending heavily on tech upgrades aimed at cutting costs, improving efficiency and developing innovative products.

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BNY Mellon's tech spending will accelerate in 2020, interim CEO says

12/11/19

Todd Gibbons, who succeeded Charlie Scharf in September, said tech investments give the custody bank a competitive edge and make it more efficient.

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Banker of the Year: Citizens Bank's Bruce Van Saun

12/01/19

Once struggling to remain relevant, the Providence, R.I., bank is now an industry standout. Inside the story of its resurgence.

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Potential Truist delay, Katie Porter, tech giant trust issues: Top stories of the week

10/18/19

BB&T-SunTrust merger closing could slip into 2020; how “the most feared freshman” is shaking up House Banking panel; consumers are split about trusting Amazon, Google with their savings; and more from this week’s most-read stories.

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How BNY Mellon is going further on AI

10/15/19

The custody bank has deployed more than 300 bots and is using artificial intelligence throughout the organization.

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