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Bank of New York Mellon Corp (BK.N)

BK.N on New York Stock Exchange

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22 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Bank Of New York Mellon Issues $750 Mln Of Its Senior Medium-Term Notes
Monday, 30 Apr 2018 

April 30 (Reuters) - Bank of New York Mellon Corp ::BANK OF NEW YORK MELLON CORP - ISSUED $750 MILLION PRINCIPAL AMOUNT OF ITS 3.500% SENIOR MEDIUM-TERM NOTES SERIES J DUE 2023 - SEC FILING.BANK OF NEW YORK MELLON CORP - ISSUED $500 MILLION PRINCIPAL AMOUNT OF ITS 3.850% SENIOR MEDIUM-TERM NOTES SERIES J DUE 2028.  Full Article

Bny Mellon Reports First Quarter 2018 Earnings Of $1.14 Billion Or $1.10 Per Common Share
Thursday, 19 Apr 2018 

April 19 (Reuters) - Bank of New York Mellon Corp ::BNY MELLON REPORTS FIRST QUARTER 2018 EARNINGS OF $1.14 BILLION OR $1.10 PER COMMON SHARE.Q1 EARNINGS PER SHARE $1.10.Q1 EARNINGS PER SHARE VIEW $0.96 -- THOMSON REUTERS I/B/E/S.QTRLY TOTAL REVENUE OF $4.2 BILLION, INCREASED 9%.Q1 REVENUE VIEW $4.05 BILLION -- THOMSON REUTERS I/B/E/S.QUARTER-END ASSETS UNDER MANAGEMENT OF $1.9 TRILLION INCREASED 8%."STRONG EQUITY MARKETS AND HIGHER INTEREST RATES WERE IMPORTANT DRIVERS" IN QUARTER.BANK OF NEW YORK MELLON - SAW FRANCHISE GROWTH IN FOREX TRADING, TRI-PARTY REPO ACTIVITY, COLLATERAL MANAGEMENT, SECURITIES LENDING, LIQUIDITY SERVICES IN QUARTER."OUR ASSETS UNDER MANAGEMENT SAW SOLID INFLOWS IN ACTIVELY MANAGED STRATEGIES".QTRLY NET INTEREST REVENUE $919 MILLION VERSUS $792 MILLION.  Full Article

Steven Black Elected To BNY Mellon Board Of Directors
Wednesday, 11 Apr 2018 

April 11 (Reuters) - Bank of New York Mellon Corp ::STEVEN D. BLACK ELECTED TO BNY MELLON BOARD OF DIRECTORS.BANK OF NEW YORK MELLON - WITH ADDITION OF BLACK, BOARD WILL HAVE 12 DIRECTORS .  Full Article

BNY Mellon Reports Q4 Earnings Of $1.08 Per Share
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Bank Of New York Mellon Corp ::BNY MELLON REPORTS FOURTH QUARTER EARNINGS OF $1.13 BILLION OR $1.08 PER COMMON SHARE.Q4 EARNINGS PER SHARE $1.08.Q4 EARNINGS PER SHARE VIEW $0.90 -- THOMSON REUTERS I/B/E/S.IN QUARTER, U.S. TAX LEGISLATION ESTIMATED NET BENEFIT OF $427 MILLION, OR $0.41 PER COMMON SHARE.QTRLY SEVERANCE, LITIGATION AND OTHER CHARGES OF $246 MILLION, OR $0.24 PER COMMON SHARE ‍​.QTRLY TOTAL REVENUE OF $3.7 BILLION, DECREASED 2 PCT.QTRLY PROVISION FOR CREDIT LOSSES WAS A CREDIT OF $6 MILLION‍​.RETURNED NEARLY $900 MILLION THROUGH SHARE REPURCHASES AND DIVIDENDS AND $3.6 BILLION IN FULL-YEAR 2017.QTRLY TOTAL NON-GAAP REVENUE $‍​3,719 MILLION VERSUS. $3,786 MILLION.QTRLY NET INTEREST REVENUE $‍​851 MILLION VERSUS $831 MILLION.AT QUARTER-END AUM OF $1.9 TRILLION INCREASED 15 PCT .Q4 RESULTS "FAVORABLY IMPACTED BY STRONG EQUITY MARKETS AND UNDERLYING BUSINESSES CONTINUED TO SHOW MODEST GROWTH IN REVENUES AND PROFITS".QTRLY NET LONG-TERM INFLOWS OF $16 BILLION.QTRLY NET SHORT-TERM OUTFLOWS OF $4 BILLION.Q4 REVENUE VIEW $4.00 BILLION -- THOMSON REUTERS I/B/E/S.QTRLY REVENUE INCLUDES $320 MILLION NEGATIVE IMPACT RELATED TO U.S. TAX LEGISLATION AND OTHER CHARGES, WHICH DECREASED TOTAL REVENUE GROWTH BY 8 PCT.EFFECTIVE TAX RATE FOR 2018 IS EXPECTED TO BE ABOUT 21 PCT‍​.  Full Article

BNY Mellon Statement On 2017 Title 1 Resolution Plan Feedback
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - Bank Of New York Mellon Corp ::BNY MELLON STATEMENT ON 2017 TITLE 1 RESOLUTION PLAN FEEDBACK.BANK OF NEW YORK MELLON CORP - FDIC AND FEDERAL RESERVE FOUND "NO DEFICIENCIES OR SHORTCOMINGS" IN BNY MELLON'S 2017 PLAN.  Full Article

BNY Mellon Says ITS Treasury Services Business Launches New Tokenized Payments Service
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Bank Of New York Mellon Corp ::BANK OF NEW YORK MELLON - ITS TREASURY SERVICES BUSINESS HAS LAUNCHED NEW TOKENIZED PAYMENTS SERVICE.  Full Article

Fca Says Alleges That The Four Firms Shared Information Around One Or More Ipos And One Placing
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - Bank Of New York Mellon Corp ::UK MARKETS WATCHDOG FCA SAYS HAS ISSUED A STATEMENT OF OBJECTIONS TO FOUR ASSET MANAGEMENT FIRMS, BELIEVES MAY HAVE BROKEN COMPETITION LAW.FCA SAYS FOUR FIRMS ARE ARTEMIS INVESTMENT MANAGEMENT, HARGREAVE HALE, NEWTON INVESTMENT MANAGEMENT, RIVER & MERCANTILE ASSET MANAGEMENT.FCA SAYS ALLEGES THAT THE FOUR FIRMS SHARED INFORMATION AROUND ONE OR MORE IPOS AND ONE PLACING.  Full Article

Trian Fund Management cuts share stake in Bank Of New York Mellon Corp
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Trian Fund Management::Trian Fund Management cuts share stake in Bank Of New York Mellon Corp to 22.4 million shares from 32.4 million shares - ‍​SEC filing.Trian Fund Management - change in holdings are as of Sept 30, 2017 and compared with the previous quarter ended as of June 30, 2017‍​.  Full Article

Bny Mellon announces organizational changes
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Bank Of New York Mellon Corp :Bny Mellon announces organizational changes.‍New organizational structure creates three new business units under its investment services segment​.‍Michael Santomassimo has been appointed chief financial officer, succeeding Thomas​ Gibbons.‍Thomas Gibbons appointed CEO of clearing, markets and client management​.  Full Article

Trian Fund Management's Edward Garden reports sale of about 5.8 mln shares of Bank of New York Mellon's common stock
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Bank Of New York Mellon Corp :Trian Fund Management's Edward Garden reports sale of about 5.8 million shares of Bank Of New York Mellon Corp's common stock between Oct 20 and Oct 24 - SEC filing ‍​.  Full Article

MOVES-ICICI Securities, Legal & General Investment, BNY Mellon

June 14 The following financial services industry appointments were announced on Thursday. To inform us of other job changes, email moves@thomsonreuters.com.