Welcome to our dedicated page for Bank New York Mellon news (Ticker: BK), a resource for investors and traders seeking the latest updates and insights on Bank New York Mellon stock.
BNY Mellon Corporation (BK) is a global leader in investment services and asset management, providing critical financial infrastructure to institutions and individual investors worldwide. This dedicated news hub offers comprehensive coverage of the company's official announcements and market developments.
Access real-time updates on earnings reports, strategic partnerships, regulatory filings, and technology initiatives that shape BNY Mellon's position in custody banking and wealth management. Our curated feed ensures investors and analysts can efficiently track:
• Quarterly financial results and SEC filings
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• Global expansion initiatives and client acquisitions
Bookmark this page for direct access to primary source materials and analysis-free reporting on BNY Mellon's operational developments. Stay informed about the institution's evolving role in global financial markets through verified press releases and official corporate communications.
BNY (NYSE: BK) has announced its 2025 Annual Meeting of Stockholders scheduled for Tuesday, April 15, 2025, at 9:00 a.m. ET. The meeting will be held virtually, with stockholders able to participate through www.virtualshareholdermeeting.com/BK2025.
Stockholders who received their 16-digit control number with proxy materials can actively participate, vote, and ask questions during the meeting. A conference call option is available by dialing +1 877-358-7301 (U.S.) or +1 213-992-4623 (International), though call participants cannot actively participate in the meeting.
The Notice of Annual Meeting and Proxy Statement was distributed on March 5, 2025. An archived version of the webcast will be accessible from April 16 through May 16, 2025, on www.bny.com/investorrelations.
BNY High Yield Strategies Fund (NYSE: DHF) has announced its monthly cash dividend of $0.0175 per share from net investment income. The dividend will be payable on April 24, 2025, to shareholders of record as of April 9, 2025, which is also the ex-dividend date. This dividend maintains the same level as the previous month's distribution.
The fund is managed by BNY Investment Adviser, part of BNY Investments, which manages $2.0 trillion in assets as of December 31, 2024. The parent company, BNY, oversees $52.1 trillion in assets under custody and/or administration.
BNY (NYSE: BK) has announced the early redemption of its Floating Rate Senior Notes originally due April 25, 2025. The redemption will cover the entire outstanding amount of $400 million in notes. The redemption is scheduled for March 25, 2025, with noteholders receiving 100% of the principal amount plus any accrued and unpaid interest up to the redemption date.
After the redemption date, the notes will cease to be outstanding and will no longer accrue interest. The redemption payment will be processed through The Depository Trust Company's facilities.
EquiLend, a global leader in securities finance technology, has secured a minority investment from BNY (NYSE: BK). This strategic investment strengthens their existing 20-year partnership and positions BNY among eight other major financial institutions with strategic investments in EquiLend.
BNY will be among the initial users of EquiLend's 1Source platform, a groundbreaking solution utilizing distributed ledger technology (DLT) and smart contracts to create a single source of truth for securities finance transactions. The platform aims to enhance transparency, reduce inefficiencies, and establish new operational standards in the global securities finance market.
BNY (NYSE: BK) has announced the pricing of a $500 million public offering of depositary shares, each representing a 1/4,000th interest in Series K Noncumulative Perpetual Preferred Stock. The shares are priced at $25 per depositary share with a liquidation preference of $100,000 per preferred stock share.
The preferred stock will pay dividends at a 6.150% annual rate until March 20, 2030, after which the rate will adjust to the five-year treasury rate plus 2.161%. The offering, expected to close on March 14, 2025, includes an option for BNY to redeem the shares on March 20, 2030, or any dividend payment date thereafter at $100,000 per share plus any declared unpaid dividends.
The offering is being managed by a consortium of banks including Morgan Stanley, UBS Investment Bank, Deutsche Bank Securities, Goldman Sachs, RBC Capital Markets, and BNY Capital Markets. The proceeds will be used for general corporate purposes.
BNY Municipal Income (DMF) announced a significant reorganization plan, merging with BNY AMT-Free Municipal Bond Fund, transitioning from a closed-end to an open-end fund structure. The reorganization, scheduled for June 20, 2025, requires stockholder approval at a special meeting on June 2, 2025.
This decision follows stockholders' approval of a non-binding proposal at the June 2024 Annual Meeting to consider measures allowing share monetization at or near net asset value. The Fund's NYSE-listed shares (DMF) will cease trading and be delisted around June 18, 2025.
Additionally, the Fund announced plans to redeem all 1,209 outstanding Variable Rate MuniFund Term Preferred Shares at $25,000 per share plus accumulated dividends, funded through portfolio securities sales. The Fund's dividend reinvestment plan will terminate on June 6, 2025, with the last eligible distribution record date around May 14, 2025.
BNY (NYSE: BK) has announced the early redemption of its Floating Rate Callable Senior Bank Notes due March 13, 2026. The redemption affects notes with an aggregate principal amount of $500 million.
The redemption is scheduled for March 13, 2025, with holders receiving 100% of the principal amount plus any accrued and unpaid interest up to, but excluding, the redemption date. After this date, the notes will no longer be outstanding and will cease accruing interest. The redemption payment will be processed through The Depository Trust Company.
BNY Municipal Bond Infrastructure Fund (NYSE: DMB) has declared its latest monthly distribution of $0.0300 per share of common stock. The distribution will be payable on April 1, 2025, to shareholders of record as of March 18, 2025, which is also the ex-dividend date. This matches the previous distribution amount announced in February.
The Fund maintains a regular monthly distribution policy based on projected performance, though distribution rates may vary depending on market conditions and portfolio performance. The Fund may distribute current net investment income, accumulated undistributed income, or return capital to maintain stable distribution levels.
BNY Investment Adviser, part of BNY Investments, manages the Fund. BNY Investments oversees $2.0 trillion in assets under management as of December 31, 2024, while its parent company BNY handles $52.1 trillion in assets under custody and/or administration.
BNY (NYSE: BK) has announced the pricing of a $500 million public offering of depositary shares, each representing a 1/100th interest in Series J Noncumulative Perpetual Preferred Stock. The shares are priced at $1,000 per depositary share, with a liquidation preference of $100,000 per preferred stock share.
The Series J preferred stock will pay dividends at a 6.300% annual rate until March 20, 2030, after which the rate will adjust to the five-year treasury rate plus 2.297%. The stock may be redeemed at BNY's option on March 20, 2030, or any dividend payment date thereafter. The offering, led by multiple joint book-running managers including Deutsche Bank Securities and Goldman Sachs, is expected to close on March 10, 2025.
The company plans to use the net proceeds for general corporate purposes.
BNY Alcentra Global Multi-Strategy Credit Fund (XALCX) has announced a distribution of $2.00 per share of common stock, payable on April 1, 2025, to shareholders of record as of March 13, 2025. This follows previous distributions in December, which included a quarterly distribution of $2.00 and a special year-end distribution of $5.85 per share.
The Fund aims to distribute net investment income quarterly, with flexibility to distribute less than the total earned amount to maintain stable distributions. Distribution rates are influenced by factors including asset mix, portfolio maturity, hedging strategies, and market conditions. The Fund is managed by BNY Investment Adviser, part of BNY Investments, which manages $2.0 trillion in assets as of December 31, 2024.
