US Market News
3週前
Snapdocs and BNY To Launch Automated Collateral Delivery and eCustody SolutionMay 14, 2026 8:00 AM
Business Wire Collaboration digitizes mortgage collateral transfer, enables touchless delivery, and brings document intelligence to secondary market execution Snapdocs, the leading digital closing platform for the U.S. mortgage industry, today announced an initiative with BNY (NYSE: BK), a global financial services platforms company, to deliver automated, end-to-end digital mortgage collateral infrastructure. The joint initiative addresses one of the mortgage industry's most persistent operational gaps: collateral delivery that still relies on numerous manual handoffs between settlement, lenders, warehouse banks, and custodians, causing multi-day delays that can slow secondary market execution and erode per-loan profitability. The solution will combine BNY’s industry leading custody capabilities and investment in next-generation infrastructure with Snapdocs' platform, including its eVault technology, and document classification and data extraction capabilities. The solution will deliver the first connected digital infrastructure for secure, touchless, and auditable collateral delivery across the secondary mortgage market. “At BNY, we are relentlessly focused on serving clients across the mortgage ecosystem from originators, servicers and warehouse lenders to issuers and investors. As digital collateral reshapes how loans are financed and traded, we are investing in solutions designed to enable faster, more transparent, and secure asset movement. Our work with Snapdocs to advance eCustody capabilities modernizes mortgage collateral delivery and review – which will help reduce friction, accelerate execution, and strengthen confidence in asset quality,” said Johnny Wijaya, Head of Structured Finance & Document Custody Solutions at BNY. How The Solution Will Work
The initiative will equip BNY’s clients with four core capabilities: Purpose-built eVault & eCustody infrastructure — manages both digitally-native and imaged documents with full auditability, helping to enable secure storage and management of eNotes and other mortgage collateral.
Touchless collateral delivery — enables automatic digital transfer of collateral from lenders to BNY directly from closing, reducing the costs, delays and risks from fragmented, manual handoffs.
Document intelligence — classifies collateral documents and extracts data to automate QC and certification, surface portfolio insights, and supports real-time risk surveillance.
Designed to extend beyond mortgage collateral — The eVault infrastructure supports mortgage collateral today and is built with scalability in mind, with planned expansion into non-mortgage collateral, positioning BNY to broaden eCustody capabilities across additional asset classes. "Managing collateral is one of the most expensive and risk-prone processes in mortgage, and until now, one of the least digitized,” said Camelia Martin, VP, Digital Collateral Strategy & Partnerships at Snapdocs. “The combination of Snapdocs' eCustody solution and document intelligence with BNY's leading-edge capabilities in custody, will create the digital infrastructure the mortgage industry has long needed. Now lenders and secondary market participants will be able to move assets faster, with complete data visibility, and without the operational drag that has plagued collateral delivery to the secondary market for decades." What This Means For The Mortgage Ecosystem For BNY's mortgage lender clients, the opportunity is immediate. eNotes and the vast majority of collateral can be delivered to investors digitally, either as eSigned documents or imaged wet-ink signed documents, meaning most collateral can now automatically move directly from point of execution to custodian, with integrity verified and chain of custody maintained at every step. This also helps eliminate the manual scanning, reconciliations, and validations that physical delivery requires. In their place: digitized collateral delivery with automated validations, an immutable audit trail, and real-time visibility into delivery and receipt status — reducing cycle time, cutting per-loan operational costs, and improving profitability through faster secondary market execution. Warehouse banks and investors can meet growing lender demand for digital collateral acceptance through BNY's turnkey eCustody solution — gaining real-time visibility into collateral data and a faster, more competitive loan acquisition process. About Snapdocs Snapdocs is the leading digital closing provider, connecting the people, processes, and technologies that power mortgage closings. Its AI-driven platform automates interactions among lenders, title companies, and investors from pre-closing through post-close. Paired with white-glove customer service and connectivity to the industry’s largest settlement and notary networks, Snapdocs makes closings fast, accurate, and efficient. For more information, visit www.snapdocs.com. About BNY BNY is a global financial services platforms company at the heart of the world's capital markets. For more than 240 years BNY has partnered alongside clients, using its expertise and platforms to help them operate more efficiently and accelerate growth. Today BNY serves over 90% of Fortune 100 companies and nearly all the top 100 banks globally. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals. As of March 31, 2026, BNY oversees $59.4 trillion in assets under custody and/or administration and $2.1 trillion in assets under management. BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Headquartered in New York City, BNY has been named among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators. Additional information is available on www.bny.com. Follow on LinkedIn or visit the BNY Newsroom for the latest company news. View source version on businesswire.com: https://www.businesswire.com/news/home/20260514744846/en/ Media Contacts
For Snapdocs
Laura Mighdoll
press@snapdocs.com For BNY
Jessica Thomas
jessica.thomas@bny.com Original: Snapdocs and BNY To Launch Automated Collateral Delivery and eCustody Solution
US Market News
4週前
BNY Announces Planned Change of Stock Ticker Symbol to "BNY"May 11, 2026 8:00 AM
PR Newswire (US) NEW YORK, May 11, 2026 /PRNewswire/ -- BNY, a global financial services company, today announced that it will change the ticker symbol for the common stock of The Bank of New York Mellon Corporation from "BK" to "BNY". The company expects its common stock to begin trading under the new ticker symbol, BNY, on the New York Stock Exchange ("NYSE") effective May 21, 2026.Founded in 1784 by Alexander Hamilton, BNY has been at the center of financial markets innovation for more than two centuries and in 1792, it was the first company traded on what would become the New York Stock Exchange. Today, BNY is supporting the next era of financial markets and accelerating its strategy to unlock growth. The BNY ticker symbol aligns the company's market identity more closely with its brand, strategic direction, and ambition. The company will celebrate the change by ringing the Closing Bell at the NYSE on May 21, 2026."BNY has long stood for trust, resilience and our central role in global capital markets. As we continue reimagining ourselves as a financial services platforms company for the future, changing our ticker to BNY reflects who we are today and where we're headed," said Robin Vince, CEO of BNY. "We're proud of our history, focused on the future, and always committed to delivering for our clients and helping them navigate what's next."As part of this change, the ticker symbol representing interests in BNY's Series A Preferred Stock will change from "BK/P" to "BNY/P", and the ticker symbol representing interests in its Series K Preferred Stock will change from "BK PRK" to "BNY PRK".No action is required by current securityholders with respect to the ticker symbol changes. Outstanding stock certificates, if any, will remain valid and will not need to be exchanged solely as a result of this change. Shares held in book-entry form or through a bank, broker, or other nominee will automatically reflect the new ticker symbol.BNY's common stock will continue to be listed on the NYSE, as will BNY's other listed securities identified above. The change in ticker symbols will not affect the company's legal name, capital structure, CUSIPs or the rights of securityholders.About BNY
BNY is a global financial services platforms company at the heart of the world's capital markets. For more than 240 years BNY has partnered alongside clients, using its expertise and platforms to help them operate more efficiently and accelerate growth. Today BNY serves over 90% of Fortune 100 companies and nearly all the top 100 banks globally. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals. As of March 31, 2026, BNY oversees $59.4 trillion in assets under custody and/or administration and $2.1 trillion in assets under management.BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Headquartered in New York City, BNY has been named among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators. Additional information is available on www.bny.com. Follow on LinkedIn or visit the BNY Newsroom for the latest company news.Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements, which may be expressed in a variety of ways, including the use of future or present tense language, relate to, among other things, BNY's strategic priorities and direction. These statements are based upon current beliefs and expectations and are subject to significant risks and uncertainties (some of which are beyond BNY's control). Actual outcomes may differ materially from those expressed or implied as a result of risks and uncertainties, including, but not limited to, the factors identified above and the risk factors and other uncertainties set forth in BNY's Annual Report on Form 10-K for the year ended December 31, 2025 and BNY's other filings with the SEC. All statements in this press release speak only as of the date on which such statements are made, and BNY undertakes no obligation to update any statement to reflect events or circumstances after the date on which such forward-looking statement is made or to reflect the occurrence of unanticipated events.Investors
Marius Merz
+1 212 298 1480
marius.merz@bny.com Media
Anneliese Diedrichs
+1 646 468 6026
anneliese.diedrichs@bny.com View original content to download multimedia:https://www.prnewswire.com/news-releases/bny-announces-planned-change-of-stock-ticker-symbol-to-bny-302767757.htmlSOURCE BNY Original: BNY Announces Planned Change of Stock Ticker Symbol to "BNY"
iHub News
2月前
BNY Tops Q1 Expectations with Strong Growth Across BusinessesApril 16, 2026 8:32 AM
IH Market News
The Bank of New York Mellon Corporation (NYSE:BK) reported first-quarter 2026 results on Thursday that came in ahead of analyst forecasts, posting adjusted earnings per share of $2.25 compared with expectations of $1.93, while revenue reached $5.41 billion versus a $5.17 billion consensus.Shares of the bank rose 0.30% following the release.The company delivered record quarterly revenue of $5.41 billion, marking a 13% increase from $4.79 billion in the same period last year.Fee income climbed 11% year on year to $3.77 billion, supported by stronger client activity, new business inflows, higher market valuations and increased foreign exchange revenues.Net interest income rose 18% to $1.37 billion, driven by reinvestment into higher-yielding securities and overall balance sheet expansion, although partially offset by pressure on deposit margins.Adjusted earnings per share grew 42% from $1.58 a year earlier to $2.25. The bank reported a pre-tax operating margin of 37%, up from 32% in the first quarter of 2025, and achieved a return on tangible common equity of 29.3%.“BNY had a strong start to 2026 with record revenue of $5.4 billion in the first quarter, up 13% year-over-year, reflecting broad-based growth across our Securities Services and Market and Wealth Services businesses,” said Robin Vince, Chief Executive Officer.Assets under custody and administration rose 12% year on year to $59.4 trillion, while assets under management increased 6% to $2.1 trillion.During the quarter, the company returned $1.4 billion to shareholders, including $376 million in dividends and $983 million through share buybacks.Noninterest expenses increased 5% to $3.40 billion, reflecting higher investment spending and revenue-linked costs, as well as the impact of a weaker U.S. dollar and employee pay increases, partly offset by efficiency initiatives.Bank of New York Mellon Corporation stock price
Original: BNY Tops Q1 Expectations with Strong Growth Across Businesses
US Market News
2月前
BNY Reports First Quarter 2026 ResultsApril 16, 2026 6:34 AM
PR Newswire (US)
NEW YORK, April 16, 2026 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, has reported financial results for the first quarter 2026. The company's earnings release along with the quarterly update presentation and other earnings-related documents are available at www.bny.com/investorrelations. Management will host a conference call and simultaneous live audio webcast at 11:00 a.m. ET today. This conference call and audio webcast will include forward-looking statements and may include other material information.
Conference Call and Audio Webcast Access
Investors and analysts wishing to access the conference call and audio webcast may do so by dialing +1 800-330-6730 (U.S.) or +1 646-769-9500 (International), and using the passcode: 200200, or by logging onto www.bny.com/investorrelations.Conference Call and Audio Webcast Replays
An archived version of the first quarter conference call and audio webcast will be available beginning on April 16, 2026, at approximately 3:00 p.m. ET through May 15, 2026, at www.bny.com/investorrelations.About BNY
BNY is a global financial services platforms company at the heart of the world's capital markets. For more than 240 years BNY has partnered alongside clients, using its expertise and platforms to help them operate more efficiently and accelerate growth. Today BNY serves over 90% of Fortune 100 companies and nearly all the top 100 banks globally. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals. As of March 31, 2026, BNY oversees $59.4 trillion in assets under custody and/or administration and $2.1 trillion in assets under management.BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Headquartered in New York City, BNY has been named among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators. Additional information is available on www.bny.com. Follow on LinkedIn or visit the BNY Newsroom for the latest company news. Contacts:Investors
Marius Merz
+1 212 298 1480
marius.merz@bny.comMedia
Anneliese Diedrichs
+1 646 468 6026
anneliese.diedrichs@bny.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/bny-reports-first-quarter-2026-results-302744626.htmlSOURCE BNY
Original: BNY Reports First Quarter 2026 Results
US Market News
2月前
BNY Declares DividendsApril 16, 2026 6:35 AM
PR Newswire (US)
NEW YORK, April 16, 2026 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that its Board of Directors declared dividends on its common and preferred stock as follows:
Common – a quarterly common stock dividend of $0.53 per share, payable on May 8, 2026 to shareholders of record as of the close of business on April 27, 2026.Preferred – the following dividends for the noncumulative perpetual preferred stock, liquidation preference $100,000 per share, for the dividend period ending in June 2026, in each case payable on June 22, 2026 to holders of record as of the close of business on June 5, 2026:$1,178.10 per share on the Series A Preferred Stock (equivalent to $11.780994 per Normal Preferred Capital Security of Mellon Capital IV, each representing a 1/100th interest in a share of the Series A Preferred Stock);$1,791.50 per share on the Series H Preferred Stock (equivalent to $17.915000 per depositary share, each representing a 1/100th interest in a share of the Series H Preferred Stock);$937.50 per share on the Series I Preferred Stock (equivalent to $9.375000 per depositary share, each representing a 1/100th interest in a share of the Series I Preferred Stock);$1,537.50 per share on the Series K Preferred Stock (equivalent to $0.384375 per depositary share, each representing a 1/4,000th interest in a share of the Series K Preferred Stock);$2,975.00 per share on the Series L Preferred Stock (equivalent to $29.750000 per depositary share, each representing a 1/100th interest in a share of the Series L Preferred Stock); and$1,640.63 per share on the Series M Preferred Stock (equivalent to $16.406250 per depositary share, each representing a 1/100th interest in a share of the Series M Preferred Stock).BNY is a global financial services platforms company at the heart of the world's capital markets. For more than 240 years BNY has partnered alongside clients, using its expertise and platforms to help them operate more efficiently and accelerate growth. Today BNY serves over 90% of Fortune 100 companies and nearly all the top 100 banks globally. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals. As of March 31, 2026, BNY oversees $59.4 trillion in assets under custody and/or administration and $2.1 trillion in assets under management.BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Headquartered in New York City, BNY has been named among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators. Additional information is available on www.bny.com. Follow on LinkedIn or visit the BNY Newsroom for the latest company news.Contacts: Media
Anneliese Diedrichs
+1 646 468 6026
Anneliese.Diedrichs@bny.comInvestors
Marius Merz
+1 212 298 1480
Marius.Merz@bny.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/bny-declares-dividends-302744627.htmlSOURCE BNY
Original: BNY Declares Dividends
US Market News
2月前
BNY Announces Redemption of Fixed Rate / Floating Rate Callable Senior Bank Notes Due 2027, Floating Rate Callable Senior Bank Notes Due 2027 and Fixed Rate / Floating Rate Callable Senior Notes Due 2027April 13, 2026 8:34 AM
PR Newswire (US)
NEW YORK, April 13, 2026 /PRNewswire/ -- The Bank of New York Mellon Corporation (NYSE: BK) ("BNY"), a global financial services company, today announced that The Bank of New York Mellon, its wholly-owned subsidiary, will redeem all of its issued and outstanding 4.587% Fixed Rate / Floating Rate Callable Senior Bank Notes due April 20, 2027 (CUSIP 06405LAF8) (the "Fixed Rate / Floating Rate Bank Notes") and all of its issued and outstanding Floating Rate Callable Senior Bank Notes due April 20, 2027 (CUSIP 06405LAG6) (the "Floating Rate Bank Notes", and together with the Fixed Rate / Floating Rate Bank Notes, the "Bank Notes") on April 20, 2026 (the "Bank Notes Redemption Date") and that The Bank of New York Mellon Corporation will redeem all of its issued and outstanding 4.947% Fixed Rate / Floating Rate Callable Senior Notes due April 26, 2027 (CUSIP 06406RBQ9) (the "Senior Notes", and together with the Bank Notes, the "Notes") on April 26, 2026 (the "Senior Notes Redemption Date"). The Fixed Rate / Floating Rate Bank Notes have an aggregate principal amount of $750,000,000, the Floating Rate Bank Notes have an aggregate principal amount of $500,000,000 and the Senior Notes have an aggregate principal amount of $1,500,000,000.
Each series of Bank Notes will be redeemed for a redemption price equal to 100% of the principal amount of such series of Bank Notes plus any accrued and unpaid interest thereon to, but excluding, the Bank Notes Redemption Date. On and after the Bank Notes Redemption Date, the Bank Notes will no longer be deemed outstanding and interest will no longer accrue on such securities.The Senior Notes will be redeemed for a redemption price equal to 100% of the principal amount of the Senior Notes plus any accrued and unpaid interest thereon to, but excluding, the Senior Notes Redemption Date. On and after the Senior Notes Redemption Date, the Senior Notes will no longer be deemed outstanding and interest will no longer accrue on such securities. The payment of the redemption price for the Senior Notes will be made on April 27, 2026, the first business day following the Senior Notes Redemption Date.Payment of the applicable redemption price for each series of Notes will be made through the facilities of The Depository Trust Company.About BNY
BNY is a global financial services platforms company at the heart of the world's capital markets. For more than 240 years BNY has partnered alongside clients, using its expertise and platforms to help them operate more efficiently and accelerate growth. Today BNY serves over 90% of Fortune 100 companies and nearly all the top 100 banks globally. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals. As of December 31, 2025, BNY oversees $ 59.3 trillion in assets under custody and/or administration and $2.2 trillion in assets under management.BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Headquartered in New York City, BNY has been named among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators. Additional information is available on www.bny.com. Follow on LinkedIn or visit the BNY Newsroom for the latest company news. Contacts:MediaAnneliese Diedrichs
+1 646 468 6026
anneliese.diedrichs@bny.comAnalysts
Marius Merz
+1 212 298 1480
marius.merz@bny.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/bny-announces-redemption-of-fixed-rate--floating-rate-callable-senior-bank-notes-due-2027-floating-rate-callable-senior-bank-notes-due-2027-and-fixed-rate--floating-rate-callable-senior-notes-due-2027-302740468.htmlSOURCE BNY
Original: BNY Announces Redemption of Fixed Rate / Floating Rate Callable Senior Bank Notes Due 2027, Floating Rate Callable Senior Bank Notes Due 2027 and Fixed Rate / Floating Rate Callable Senior Notes Due 2027
US Market News
2月前
/C O R R E C T I O N -- Singapore Gulf Bank/April 7, 2026 11:24 AM
PR Newswire (US)
In the news release, Singapore Gulf Bank Joins BNY's Correspondent Banking Network and Fixed Income Brokerage Platform, issued 07-Apr-2026 by Singapore Gulf Bank over PR Newswire, we are advised by the company that the release has changed throughout. The complete, corrected release follows:
Singapore Gulf Bank joins BNY's Correspondent Banking Network
MANAMA, Bahrain, April 7, 2026 /PRNewswire/ -- Singapore Gulf Bank (SGB) today announced it has joined the correspondent banking network of BNY (NYSE: BK), a global financial services company, to further strengthen its U.S. dollar clearing capabilities. The relationship adds another leading U.S. dollar clearing provider to SGB's growing set of correspondent banking and payment rails while reinforcing its strategy of enabling a trusted global banking infrastructure with modern, always-on settlement capabilities and payments resilience.
This announcement is the latest in a series of milestones for SGB. The bank launched its corporate banking service in late 2024 and introduced SGB Net in May 2025 to enable real-time, multi-currency settlement.About SGB Singapore Gulf Bank (SGB) is a fully licensed digital wholesale bank that bridges traditional finance and the digital asset economy. Backed by Whampoa Group and Mumtalakat, the bank provides banking, digital asset management and stablecoin settlement services for businesses and individuals worldwide. SGB is regulated by the Central Bank of Bahrain. For more information, visit www.sgb.com.Media Contact: Ben Kieboom, ben.kieboom@wachsman.com, +447427901472
View original content:https://www.prnewswire.co.uk/news-releases/singapore-gulf-bank-joins-bnys-correspondent-banking-network-and-fixed-income-brokerage-platform-302734865.html
Original: /C O R R E C T I O N -- Singapore Gulf Bank/
US Market News
2月前
Singapore Gulf Bank Joins BNY's Correspondent Banking Network and Fixed Income Brokerage PlatformApril 7, 2026 4:00 AM
PR Newswire (US)
MANAMA, Bahrain, April 7, 2026 /PRNewswire/ -- Singapore Gulf Bank (SGB), a fully licensed bank backed by Whampoa Group and Mumtalakat, today announced a partnership with BNY, joining its correspondent banking network and onboarding to its Fixed Income Brokerage platform.By joining BNY's correspondent banking network, SGB adds a leading U.S. dollar clearing provider to its expanding network of correspondent banking and payment infrastructure. This relationship strengthens SGB's ability to support real-time, 24/7 settlement for global corporates.In addition, BNY's Fixed Income Brokerage platform now enables the trading of money market funds and U.S. Treasury bills, allowing SGB's crypto-native clients to access U.S. government securities through these funds/instruments. This expansion of SGB's product suite provides clients with an additional option to allocate capital from digital assets into traditional fixed income.This partnership is the latest step in SGB's strategy to build an efficient, compliant banking stack that integrates both digital and traditional currencies. SGB Net, the bank's proprietary settlement network, is already integrated with J.P. Morgan's Wire 365 to provide rapid, 24/7 USD settlement and clearing. This integration with BNY serves as the institutional vault and trading hub, where funds can be invested into secure assets like U.S. Treasuries.About SGB Singapore Gulf Bank (SGB) is a fully licensed digital wholesale bank that bridges traditional finance and the digital asset economy. Backed by Whampoa Group and Mumtalakat, the bank provides banking, digital asset management and stablecoin settlement services for businesses and individuals worldwide. SGB is regulated by the Central Bank of Bahrain. For more information, visit www.sgb.com.About BNYBNY is a global financial services company that helps make money work for the world — managing it, moving it and keeping it safe. For more than 240 years BNY has partnered alongside clients, putting its expertise and platforms to work to help them achieve their ambitions. Today BNY helps over 90% of Fortune 100 companies and nearly all the top 100 banks globally access the money they need. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals, and so much more. As of September 30, 2025, BNY oversees $57.8 trillion in assets under custody and/or administration and $2.1 trillion in assets under management.BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Headquartered in New York City, BNY has been named among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators. Additional information is available on www.bny.com. Follow on LinkedIn or visit the BNY Newsroom for the latest company news.Media Contact: Ben Kieboom, ben.kieboom@wachsman.com, +447427901472
View original content:https://www.prnewswire.com/news-releases/singapore-gulf-bank-joins-bnys-correspondent-banking-network-and-fixed-income-brokerage-platform-302734867.htmlSOURCE Singapore Gulf Bank
Original: Singapore Gulf Bank Joins BNY's Correspondent Banking Network and Fixed Income Brokerage Platform
US Market News
3月前
BNY Announces Pricing of Public Offering of $500,000,000 of Depositary Shares Representing Interests in Preferred StockFebruary 26, 2026 4:29 PM
PR Newswire (US)
NEW YORK, Feb. 26, 2026 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that it priced an underwritten public offering of 500,000 depositary shares, each representing a 1/100th interest in a share of its Series M 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 ($500,000,000 aggregate public offering price). Dividends will accrue on the liquidation amount of $100,000 per share of the Series M preferred stock (equivalent to $1,000 per depositary share) at a rate per annum equal to 5.625% from the original issue date to, but excluding, March 20, 2031; and from, and including, March 20, 2031, at the "five-year treasury rate" (as defined in the preliminary prospectus supplement) as of the most recent reset dividend determination date plus 2.034%. Dividends will be paid only when, as and if declared by the board of directors of BNY (or a duly authorized committee of the board) and to the extent that BNY has legally available funds to pay dividends. On March 20, 2031, or any dividend payment date thereafter, the Series M preferred stock may be redeemed at BNY's option, in whole or in part, at a cash redemption price equal to $100,000 per share (equivalent to $1,000 per depositary share), plus any declared and unpaid dividends, without accumulation of any undeclared dividends to but excluding the redemption date. Barclays Capital Inc., BofA Securities, Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and BNY Mellon Capital Markets, LLC served as joint book-running managers for the offering. The offering is expected to close on March 5, 2026.
BNY intends to use the net proceeds from the sale of the depositary shares for general corporate purposes, as further described in the preliminary prospectus supplement.BNY filed a shelf registration statement (including a prospectus) on October 18, 2024, as amended on December 5, 2024 (the "Registration Statement"), and a preliminary prospectus supplement on February 26, 2026, and will file a final prospectus supplement, relating to this offering with the Securities and Exchange Commission (the "SEC"). Prospective investors should read the Registration Statement (including the base prospectus), the preliminary prospectus supplement, the final prospectus supplement (when filed) and other documents BNY has filed and will file with the SEC that are incorporated by reference into the Registration Statement for more complete information about BNY and the offering, including the risks associated with the securities and the offering. This press release does not constitute an offer to sell or the solicitation of any offer to buy securities of BNY, nor shall there be any offer or sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The offering was made only by means of a prospectus supplement and accompanying base prospectus. Copies of the Registration Statement, the preliminary prospectus supplement, the final prospectus supplement (when filed) and other documents that BNY has filed with the SEC that are incorporated by reference into the Registration Statement are available at no charge by visiting EDGAR on the SEC's website at www.sec.gov. Alternatively, a copy of the prospectus supplement and accompanying base prospectus relating to these securities can be obtained by contacting Barclays Capital Inc. at 1-888-603-5847, BofA Securities, Inc. at 1-800-294-1322, Citigroup Global Markets Inc. at 1-800-831-9146, Deutsche Bank Securities Inc. at 1-800-503-4611 or BNY Mellon Capital Markets, LLC at 1-800-269-6864.About BNY
BNY is a global financial services platforms company at the heart of the world's capital markets. For more than 240 years BNY has partnered alongside clients, using its expertise and platforms to help them operate more efficiently and accelerate growth. Today BNY serves over 90% of Fortune 100 companies and nearly all the top 100 banks globally. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals. As of December 31, 2025, BNY oversees $59.3 trillion in assets under custody and/or administration and $2.2 trillion in assets under management.BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Headquartered in New York City, BNY has been named among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators.Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements, which may be expressed in a variety of ways, including the use of future or present tense language, relate to, among other things, BNY's expectations with respect to the offering and use of proceeds. These statements are based upon current beliefs and expectations and are subject to significant risks and uncertainties (some of which are beyond BNY's control). Actual outcomes may differ materially from those expressed or implied as a result of risks and uncertainties, including, but not limited to, the factors identified above and the risk factors and other uncertainties set forth in BNY's Annual Report on Form 10-K for the year ended December 31, 2025 and BNY's other filings with the SEC. All statements in this press release speak only as of the date on which such statements are made, and BNY undertakes no obligation to update any statement to reflect events or circumstances after the date on which such forward-looking statement is made or to reflect the occurrence of unanticipated events.Contacts:Investors
Marius Merz
+1 212 298 1480
marius.merz@bny.comMedia
Anneliese Diedrichs
+1 646 468 6026
anneliese.diedrichs@bny.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/bny-announces-pricing-of-public-offering-of-500-000-000-of-depositary-shares-representing-interests-in-preferred-stock-302699024.htmlSOURCE BNY
Original: BNY Announces Pricing of Public Offering of $500,000,000 of Depositary Shares Representing Interests in Preferred Stock
US Market News
4月前
BNY joins Atlassian Williams F1 Team as Official Institutional Banking PartnerJanuary 30, 2026 7:00 AM
PR Newswire (US)
NEW YORK and GROVE, England, Jan. 30, 2026 /PRNewswire/ -- BNY (NYSE: BK), a global financial services company, and Atlassian Williams F1 Team today announce a long-term partnership, bringing together two global brands anchored in heritage, a focus on performance, and a shared drive for innovation.
BNY operates at the heart of the world's capital markets, helping organisations invest, trade and transact in over 100 markets globally. Through this initiative, BNY joins Williams as a partner, supporting one of the most successful teams in Formula 1 history. Williams has won nine Constructors' World Championships and seven Drivers' World Championships. The team is now on a mission to win again, with the support of world-leading organisations within its partner suite.Both organisations share a demonstrated track record of adapting and transforming to succeed — whether across BNY's 242 years at the forefront of financial markets or nearly 50 years of Formula 1 competition for Williams. This partnership brings the two organisations together ahead of another big milestone: Formula 1's all-new regulations era, which marks the next opportunity for Williams to move forward in its transformation.BNY and Williams will work together to bring the world of finance even closer to the thrill of racing. Throughout the 24-race season, BNY will curate meaningful touchpoints that strengthen relationships with clients and the BNY community. With Formula 1 emerging as a global meeting point for financial audiences, this partnership provides BNY with a unique platform to bring those groups together in key financial hubs around the world.Fans will be able to experience BNY branding featured on driver and team kit, as well as the bargeboards, chassis top, and the Halo of Carlos Sainz and Alex Albon's FW48 – Williams' challenger for the 2026 season. The placements will be showcased at Williams' livery launch on February 3rd – when the team's design for the new regulatory cycle will be shown to worldwide audiences for the very first time.James Vowles, Team Principal of Atlassian Williams F1 Team: "We are delighted to welcome BNY to the team for the 2026 season and beyond. As our team builds for long-term success, we look forward to working with BNY to champion new ways of thinking and embrace the opportunities of the future, both on the circuit and across global markets." Jayee Koffey, Chief Global Affairs Officer at BNY: "Enduring performance belongs to organisations willing to embrace innovation with discipline and responsibility. BNY recognises that spirit in Atlassian Williams F1 Team, a team that shares our growth ambitions and values high performance."About Atlassian Williams F1 TeamAtlassian Williams F1 Team is one of the world's most iconic Formula 1 teams. Founded in 1977 by Sir Frank Williams and Sir Patrick Head, the team has won nine Constructors' World Championships, seven Drivers' World Championships and 114 Grand Prix races – making it one of the three most-successful teams in history. Based in Grove, Oxfordshire and competing at the pinnacle of motorsport, Williams continues to build for the future of Formula 1 through world-class engineering, racing excellence and a commitment to bringing fans closer to the sport than ever before.About BNYBNY is a global financial services platforms company at the heart of the world's capital markets. For more than 240 years BNY has partnered alongside clients, using its expertise and platforms to help them operate more efficiently and accelerate growth. Today BNY serves over 90% of Fortune 100 companies and nearly all the top 100 banks globally. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals. As of December 31, 2025, BNY oversees $59.3 trillion in assets under custody and/or administration and $2.2 trillion in assets under management.BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Headquartered in New York City, BNY has been named among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators. Additional information is available on www.bny.com. Follow on LinkedIn or visit the BNY Newsroom for the latest company news. Craig Woodhouse
Head of Communications
+44 (0) 7485 988 562
craig.woodhouse@williamsf1.com Dominique Heyer-Wright
F1 Communications Lead
+44 (0) 7483 012 993
d.heyerwright@williamsf1.com Jules Jackson
Communications Manager
+44 (0) 7483 015 356
jules.jackson@williamsf1.com Ella Wilton
Communications Manager
+44 (0) 7485 988 575
ella.wilton@williamsf1.com Abby Ridsdill Smith
Corporate Communications Manager
+44 (0) 7485 988 566
abby.ridsdillsmith@williamsf1.com Anneliese Diedrichs
Global Head of External & Business Communications, BNY
+1 646 468 6026
anneliese.diedrichs@bny.com Jessica Thomas
Head of Corporate Communications, International, BNY
+44 7805 068 686
jessica.thomas@bny.com Zakaria Drif
Communications, EMEA, BNY
+44 7398 502 891
zakaria.drif@bny.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/bny-joins-atlassian-williams-f1-team-as-official-institutional-banking-partner-302674522.htmlSOURCE BNY
Original: BNY joins Atlassian Williams F1 Team as Official Institutional Banking Partner
US Market News
4月前
BNY Aligns Leadership to Accelerate Growth in Wealth SolutionsJanuary 27, 2026 4:00 PM
PR Newswire (US)
These changes will help support BNY's ambitions in the Wealth Solutions business by combining the power of BNY Pershing, including the Wove platform, and BNY Archer Managed Account Solutions. NEW YORK, Jan. 27, 2026 /PRNewswire/ -- BNY (NYSE: BK) today announced changes to its executive leadership team to further align its businesses and advance its ambitions in the wealth solutions and managed accounts ecosystem, strengthening its ability to support advisors and institutions with more integrated capabilities across the wealth landscape.
Adam Vos, currently Global Head of Markets and a member of BNY's Executive Committee, will become Global Head of Wealth Solutions. In this new role, Vos will oversee BNY Pershing, including the Wove platform, as well as BNY Archer Managed Account Solutions. Bringing these businesses together under one leader will enhance coordination and enable better client service with scalable, end-to-end offerings.Jim Crowley, currently Global Head of BNY Pershing, will become Executive Vice Chair. In this new role, Crowley will focus on strengthening and expanding client relationships across all of BNY's platforms, building on his decades of industry experience and stewardship of BNY Pershing.Laide Majiyagbe, currently Global Head of Liquidity, will become Global Head of Markets and join BNY's Executive Committee. In her new role, Majiyagbe will oversee BNY's Foreign Exchange, Fixed Income and Equities, Liquidity and Financing and Execution Services businesses, which serve institutional clients, including asset managers, asset owners, banks, broker-dealers and other financial institutions around the world."Each of these leaders brings a unique set of skills, and their combined experience will help us raise the bar and fully leverage the scale and breadth of BNY's market-leading platforms to deliver for clients," said Robin Vince, CEO of BNY. "As the wealth landscape continues to expand and evolve, it's important that our leadership and structure evolve alongside our clients."About BNY
BNY is a global financial services platforms company at the heart of the world's capital markets. For more than 240 years BNY has partnered alongside clients, using its expertise and platforms to help them operate more efficiently and accelerate growth. Today BNY serves over 90% of Fortune 100 companies and nearly all the top 100 banks globally. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals. As of December 31, 2025, BNY oversees $59.3 trillion in assets under custody and/or administration and $2.2 trillion in assets under management.BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Headquartered in New York City, BNY has been named among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators. Additional information is available on www.bny.com. Follow on LinkedIn or visit the BNY Newsroom for the latest company news. Media Contact
Anneliese Diedrichs
anneliese.diedrichs@bny.com
+1 646 468 6026Investors
Marius Merz
Marius.merz@bny.com
+1 212 298 1480
View original content to download multimedia:https://www.prnewswire.com/news-releases/bny-aligns-leadership-to-accelerate-growth-in-wealth-solutions-302671409.htmlSOURCE BNY
Original: BNY Aligns Leadership to Accelerate Growth in Wealth Solutions
unevilfavouredness
16年前
Rumor has it that BONY is breaking up and may even spin off something they try to reinvent out of the old Irving Trust. Seriously, those ladies gossiping on the Dinky this morning were sure giddy....maybe it's true, maybe it's not, but definately one thing is for sure, PCIO and MJNA are hot, and like the airelines, today is a good day to sell your bank stocks. The largest cash crop in America, along with decades of prohibition are about to come crashing down, and a vegtable grown on a tree will sell for 1/3rd the cost of gold and have a biproduct that makes 8 times as much fuel as corn.
It's happening folks, don't miss the opportunity of a life time. These banking giants are history. As long as Jesse Ventura and Willie Nelson can make gasoline, medicine, and clothing out of what cracker-jack lawmakers have only been able to produce "crime" out of for decades, BONY and everyone in that glass Ivory tower, better get a parachute, because your going down....Seriously, I see this giant being "too big to fail".
Watch and see.....these banks who guzzled the profits from trillions of gallons of oil and the sale of alcohol for decades, all while locking up people for eating or using an inert nonlethal vegtable as medicine, fuel, and clothing, are about to find out that mother nature is about to smoke them out of their castles......
PS.... Yes that's his Ferrari.
Doug Hauser
20年前
I like it:
Wednesday, January 18, 2006 07:28 ET
NEW YORK, Jan 18, 2006 (BUSINESS WIRE) -- The Bank of New York Company, Inc. (NYSE: BK) reported today fourth quarter net income of $405 million compared with $351 million in the year-ago quarter and diluted earnings per share of 53 cents, up 18% over the 45 cents earned in the fourth quarter of 2004. Third quarter 2005 earnings were $389 million and 51 cents. Full-year 2005 net income was $1,571 million compared to $1,440 million in 2004 while diluted earnings per share was up 10% to $2.03 from $1.85 in 2004. Reported EPS reflects a reduction of 3 cents for the fourth quarter 2004 and full-year 2004 due to items detailed in Note 1.
Performance Highlights
-- Positive core operating leverage over year-ago and sequential quarters. See Note 4.
-- Securities servicing fees up 10% versus the year-ago quarter and on a full-year basis. The growth was led by strong performance in investor, issuer and broker-dealer services.
-- Strong net interest income, driven by the Company's sound interest rate positioning and strong liquidity generated by its core servicing businesses.
-- Foreign exchange and other trading revenues up 10% from the year-ago quarter.
-- Private client services and asset management revenues were up 10% from the year-ago quarter.
Chairman and Chief Executive Officer Thomas A. Renyi stated, "Our fourth quarter and full-year results reflect the accelerating earnings power of our franchise. We are achieving double-digit revenue growth in many of our key business lines and are positioned to generate positive operating leverage on a consistent basis - a primary goal for us.
"We have good momentum entering 2006 and continue to position our Company for long-term growth and success. During 2005 we formed strategic alliances to penetrate faster-growing markets in France, Germany, the Nordic and Baltic region, Japan, Australia, and India. We also continued to expand our market presence in high-growth areas such as hedge fund servicing and collateral management, while extending our capabilities in the rapidly growing area of alternative investments. Through these initiatives, our strengthened marketing programs, and the gains we are making in service quality and client-focused technology, we will create new growth opportunities in the year ahead."
SECURITIES SERVICING FEES
Percent Inc/(Dec) Year-to-date Percent
------------------------------
4Q05 vs. 4Q05 vs. Inc/
(In millions) 4Q05 3Q05 4Q04 3Q05 4Q04 2005 2004 (Dec)
----------------------------------------------------------------------
Execution and
Clearing
Services $321 $314 $301 2% 7% $1,222 $1,145 7%
Investor Services 265 265 240 - 10 1,060 924 15
Issuer Services 171 170 150 1 14 639 583 10
Broker-Dealer
Services 58 57 50 2 16 227 205 11
-------------- --------------
Securities
Servicing Fees $815 $806 $741 1 10 $3,148 $2,857 10
============== ==============
Double-digit securities servicing fee growth over the fourth quarter and full-year 2004 periods reflects solid growth across all businesses. On a sequential-quarter basis, fees were marginally higher, reflecting modest growth in execution & clearing, issuer services, and broker-dealer services.
Execution and clearing fees increased from both the fourth quarter and full-year 2004, reflecting organic growth at Pershing and in the execution businesses as well as the additional revenues from the LJR acquisition. Pershing's revenues were up on a sequential basis, while the execution business also improved reflecting higher activity levels and continued strength in transition management. The execution and clearing businesses include institutional agency brokerage, electronic trading, transition management services, independent research and, through Pershing, correspondent clearing services such as clearing, execution, financing, and custody for introducing broker-dealers.
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