BNY Mellon Wealth Management Names Donald J. Heberle as CEO
Heberle succeeds current CEO Lawrence Hughes who will retire on June 30 after 24 years with the company. Heberle will be based in New York where he will direct Wealth Management's long-term growth and expansion strategy.
BNY Mellon has been ranked as the top mutual fund service provider in 10 categories in the 2015 Mutual Fund Service Guide. This year's guide ranked BNY Mellon as the top service provider for subaccounting, full-service transfer agency, and custody services, among other distinctions.
BNY Mellon is teaming with Sustainalytics, a leading provider of environmental, social and governance research and analysis, to make available a wide range of ESG data and insight to its depositary receipts clients.
Standish Sees Progress in Minority Trading, Yet Challenges Remain
Standish Mellon Asset Management Company LLC, a fixed income specialist for BNY Mellon, has awarded the first Standish Minority Business Enterprise Awards to Castleoak Securities and Siebert Brandford Shank & Co.