Bank Of New York Mellon news and trends

Russian Court Freezes $372 Million in BNY and JPMorgan Chase Assets
International // October 02, 2024

Reuters reported late Wednesday that a Moscow court has frozen $372 million in assets held by Bank of New York Mellon and JPMorgan Chase. The funds were held in accounts at the Russian branches of Citibank and JPMorgan Chase Bank. The court order, issued Wednesday...

BNY and CBA Launch Cross-Border Payments Partnership
Cross-border Payments // August 22, 2024

BNY and Commonwealth Bank of Australia (CBA) launched a cross-border payments partnership. The collaboration lets businesses and individuals who receive international payments from BNY customers get paid in as little as 60 seconds, no matter who they bank with, according to a Thursday (Aug. 22) press...

BNY Mellon Rebrands as BNY
Banking // 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....

BNY Mellon Leads Big Banks Into Crypto Custody
Cryptocurrency // October 11, 2022

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...

Quick Reads
Russian Court Freezes $372 Million in BNY and JPMorgan Chase Assets

October 02, 2024
Reuters reported late Wednesday that a Moscow court has frozen $372 million in assets held by Bank of New York Mellon and JPMorgan Chase. The funds were held in accounts at the Russian branches of Citibank and JPMorgan Chase Bank. The court order, issued Wednesday (Oct. 2), was sought by Russia’s deputy prosecutor, who claimed […]

BNY and CBA Launch Cross-Border Payments Partnership

August 22, 2024
BNY and Commonwealth Bank of Australia (CBA) launched a cross-border payments partnership. The collaboration lets businesses and individuals who receive international payments from BNY customers get paid in as little as...

BNY Mellon Rebrands as BNY

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)...

BNY Mellon’s Robin Vince Promoted to President, CEO

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...