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
• Leadership appointments and governance updates
• Technology investments in digital asset solutions
• 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.
Compañía de Minas Buenaventura S.A.A (NYSE: BVN) will host its First Quarter 2023 earnings conference call on April 28, 2023, at 11:00 AM ET. The company will release its financial results on April 27, 2023, after market close. CEO
BNY Mellon Alcentra Global Multi-Strategy Credit Fund announced its quarterly tender offer, allowing for the repurchase of 2.5% of its outstanding shares as of March 31, 2023. The tender offer will commence on April 17, 2023 and is set to expire on May 12, 2023, at 5:00 p.m. Eastern Time. The offer price will be based on the net asset value per share as of March 31, 2023. Shareholders will receive the necessary documents outlining the terms and conditions of the offer. BNY Mellon Investment Management oversees the fund, with a total of $1.8 trillion in assets managed as of December 31, 2022. The fund's returns can fluctuate, indicating risks involved for investors.
BNY Mellon's Pershing X has announced a collaboration with Snowflake, integrating the Snowflake Data Cloud into its offerings. This partnership aims to enhance data management and analytics for wealth management firms, promoting efficiency and better client-advisor relationships.
The integration will allow Pershing X clients to access data faster and manage it more effectively. Ainslie Simmonds, President of Pershing X, emphasized the collaboration's goal of boosting productivity in the financial services industry. The partnership is also expected to accelerate the time to market for data products, leveraging Snowflake's innovative capabilities.
BNY Mellon (NYSE: BK) is set to hold its 2023 Annual Meeting of Stockholders on April 12, 2023, at 9:00 a.m. ET in New York City. Stockholders must register in advance to attend in person, with details provided in the 2023 Proxy Statement available since March 1, 2023. A live audio webcast will be available, although remote participants cannot engage directly. An archived version of the webcast will be accessible from April 12 to May 12, 2023. As of December 31, 2022, BNY Mellon managed $1.8 trillion in assets and had $44.3 trillion in assets under custody.
On March 28, 2023, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE: DHF) declared a monthly cash dividend of $0.015 per share, payable on April 26, 2023, to shareholders of record by April 12, 2023. The ex-dividend date is April 11, 2023. This dividend remains consistent with the previous amount declared in February. BNY Mellon Investment Management, managing $1.8 trillion in assets, supports the Fund with a focus on providing specialized investment solutions.
BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. announced that shareholders approved a new sub-investment advisory agreement with Alcentra NY, effective March 17, 2023. This agreement allows Alcentra NY to continue managing the Fund's investments under the supervision of BNYM Investment Adviser. Alcentra NY, a subsidiary of Franklin Resources, manages over $36 billion in assets as of December 31, 2022. BNY Mellon Investment Management, part of BNY Mellon, manages $1.8 trillion in assets. The Fund's investment returns may fluctuate, and there is no assurance it will meet its investment objectives.
BNY Mellon Wealth Management has announced the acceptance of grant applications from the Ernest Q. Johnson Trust, aimed at benefiting youth in Canonsburg, PA. Since its establishment in 1970, the trust has supported local charitable, religious, and educational organizations. Applications must include a project proposal, recent financial statements, and an IRS 501(c)(3) tax determination letter, with a submission deadline of April 17, 2023. Recipients will be announced and disbursements made in May 2023. As of December 31, 2022, BNY Mellon manages $269 billion in client assets, with a notable presence in wealth management and financial services.
The Europe Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Q1 2023 Update reveals key trends in the gift card sector as it grapples with inflation and economic challenges. In 2022, growth was fueled by e-commerce, remote employee incentives, and digital gifting. The market, valued at €59.51 billion in 2022, is expected to reach €64.29 billion in 2023, with a projected CAGR of 7.0% through 2027. Digital gift card adoption, particularly in the UK, is rising as consumers seek affordable gifting options. Strategic collaborations among firms aim to innovate gift card offerings, tapping into both retail and corporate segments.
