IR professionals perceive a drop in the importance of global financial centers while steering their companies’ course to investors.
The new organizational structure creates three new business units under our Investment Services segment: 1) Clearing, Markets and Client Management, 2) Asset Servicing, and 3) Issuer Services.
The new business will combine BNY Mellon’s three largest U.S. investment managers to offer institutional and intermediary clients high-quality single and multi-asset investment strategies in both active and passive solutions.
BNY Mellon announces that it has originated the financial industry’s first-ever payment on The Clearing House’s (TCH) Real-Time Payments (RTP) network. RTP is the first new core U.S. payments infrastructure since the ACH network was introduced in 1974.