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.
First One-Stop Process to Facilitate Creation, Redemption of ETFs
The enhancements allow authorized participants to utilize the BNY Mellon ETF Center to propose and negotiate exchange traded fund baskets of underlying assets with a fund sponsor during the creation and redemption process.
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.