BNY Mellon

Dumped by U.S. counterparts, Latin American banks tighten AML controls

05/01/17

Money laundering in Latin America is said to be worsening and a corruption probe in Brazil adds to the worries, but Latin American banks are fighting hard to preserve business with U.S. banks.

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Tackling income volatility; New CMO at Citi

04/28/17

JPMorgan Chase’s Colleen Briggs and Fiona Greig are among those working on ways to help a growing segment of consumers with wildly fluctuating incomes. Plus, the women of Wells Fargo’s board and a big promotion at Citi.

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Market rally, rate hikes combine to boost BNY Mellon’s 1Q profit

04/20/17

The custody bank also won $109 billion worth of new asset-servicing business in the quarter, which pushed assets under custody to over $30 trillion.

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Wells Fargo names Karen Peetz, former BNY Mellon president, to board of directors

02/21/17

She will be joined on the board by Ronald Sargent, a retired chairman and CEO of the office-supply company Staples.

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BNY Mellon’s profits surge 29% on expense cuts, rate hike

01/19/17

A 9% increase in interest revenue helped to offset relatively flat growth in fee revenue.

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BNY Mellon to pay $6.6M to settle capital-ratio-calculation probe

01/12/17

The issue stemmed from how the company handled collateralized-loan obligations for calculating capital ratios.

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