Bank of New York Mellon announced that it is offering cryptocurrency custody services for clients, bringing digital assets into the fold alongside the trillions of dollars of traditional assets it warehouses for the country’s biggest money managers. The nation’s oldest bank, founded by Alexander Hamilton...
A bill introduced in both the House and Senate Thursday (March 31) seeks to set quality standards for the cash reserves backing many stablecoins while also requiring full public disclosure of those assets. The “Stablecoin Transparency Act” comes as congressional and regulatory eyes focus more...
Bank of New York Mellon has said that vice chair Robin Vince will be the company’s new CEO, a Reuters report said Thursday (March 10). He’ll replace Todd Gibbons, who’s retiring this year. Vince is a Goldman Sachs Group veteran, having worked there for 26...
Thomas Gibbons, the interim CEO at Bank of New York Mellon (BNY), has been named permanently to the position, according to a report by Reuters. Gibbons was put in charge in September of last year after the departure of Charles Scharf, who left to become...
June 11, 2024
Say goodbye to BNY Mellon and hello to BNY. The bank — America’s oldest — is updating its logo and taking BNY as its new name, it announced in a Tuesday (June 11) press release. Its legal parent name will remain The Bank of New York Mellon Corp. “As the world changes and global financial markets evolve, so […]
March 10, 2022
Bank of New York Mellon has said that vice chair Robin Vince will be the company’s new CEO, a Reuters report said Thursday (March 10). He’ll replace Todd Gibbons, who’s...
March 30, 2020
Thomas Gibbons, the interim CEO at Bank of New York Mellon (BNY), has been named permanently to the position, according to a report by Reuters. Gibbons was put in charge...
July 18, 2017
The Bank of New York Mellon announced Monday (July 17) that it named Charles W. Scharf, chief executive officer and a director of the company, effective immediately. In a press...
