The Bank of New York Mellon Corporation (BK)
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NEW YORK, Nov. 10, 2021 /PRNewswire/ -- The global collateral marketplace remains highly fragmented, making it challenging for market participants to easily deliver securities to locations where they can be efficiently posted as collateral, according to a new white paper published today by BNY Mellon and Euroclear. The paper, Bridging the Collateral Divide , shares for the first time an analysis of the collateral businesses of the world's two largest collateral infrastructure providers.
BNY Mellon Announces Pricing of Public Offering of $1.3 Billion of Depositary Shares Representing Interests in Preferred Stock2021-11-08 19:37
NEW YORK, Nov. 8, 2021 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY Mellon") (NYSE: BK) today announced that it priced an underwritten public offering of 1,300,000 depositary shares, each representing a 1/100th interest in a share of its Series I Noncumulative Perpetual Preferred Stock, with a liquidation preference of $100,000 per share (equivalent to $1,000 per depositary share), at a public offering price of $1,000 per depositary share ($1.3 billion aggregate public offering price). Dividends will accrue on the liquidation amount of $100,000 per share of the Series I preferred stock at a rate per annum equal to 3.750% from the original issue date to, but excluding, December 20, 2026 and from, and including, December 20, 2026, at the "five-year treasury rate" (as defined in the preliminary prospectus supplement) as of the most recent reset dividend determination date plus 2.630%.
NEW YORK, Nov. 8, 2021 /PRNewswire/ -- Emily Portney, Chief Financial Officer, and Robin Vince, Vice Chair of BNY Mellon and Chief Executive Officer of Global Market Infrastructure, will speak at the Goldman Sachs 2021 US Financial Services Conference, at 9:20 a.m. ET on Wednesday, December 8, 2021.
BOSTON, Nov. 2, 2021 /PRNewswire/ -- BNY Mellon Wealth Management named Tim Sanville as principal, wealth manager. In this role, he manages portfolios and provides strategic planning and advice for ultra-high-net-worth clients.
It remains very difficult for investors to obtain any sort of significant income off of their portfolio assets due to the policies of the Federal Reserve.
BNY Mellon Muncipal Income, Inc. (NYSE: DMF) Declares Distribution and Announces Reduction in Monthly Distribution Amount2021-10-26 15:17
NEW YORK--(BUSINESS WIRE)--BNY Mellon Municipal Income, Inc. (NYX: DMF) today announced a monthly cash distribution of $0.029 per share of common stock, payable on November 30, 2021 to shareholders of record on November 15, 2021 with an ex-dividend date of November 12, 2021. The $0.029 per share investment income dividend represents a decrease of $0.006 from the previously declared monthly net investment income dividend of $0.035 per share. This distribution reduction primarily reflects the low
SAN FRANCISCO, Oct. 26, 2021 /PRNewswire/ -- BNY Mellon Wealth Management named Karen Sugihara as regional fiduciary manager. In this role, she will lead the fiduciary business for California, as well as manage the delivery and fiduciary oversight of advisory-based services to clients.
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Bank of New York Mellon has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.3% yield