Integration of BNY Pershing's Wove Platform Allows Sanctuary Partner Firms to Elevate Client Experience

INDIANAPOLIS, Dec. 11, 2024 /PRNewswire/ -- Sanctuary Wealth (Sanctuary), providing elite financial advisors the freedom, flexibility, control and choice to thrive in an evolving industry, has announced the expansion and enhancement of Sanctuary's multi-custodial wealth management platform. By leveraging BNY Pershing's Wove platform, Sanctuary will continue its growth momentum while offering elevated services to its partner firms and their clients.

NEW YORK, Dec. 5, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced the appointment of Rajashree Datta as Deputy Chief Risk Officer.

Ms. Datta will join the company on December 15 and be a member of BNY's Executive Committee. She will succeed Senthil Kumar as BNY's Chief Risk Officer in 2025 following a transition.

"I am delighted to welcome Rajashree to BNY," said Robin Vince, President and Chief Executive Officer. "Risk Management is an imperative for any company, especially BNY − which sits at the center of the financial system − and Rajashree's expertise in developing strong risk frameworks will help us continue to deliver resilience for our clients and the industry."

NEW YORK, Nov. 21, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, has been selected by the U.S. Department of the Treasury's Bureau of the Fiscal Service ("Fiscal Service") as the financial agent for the Direct Express® prepaid debit card program. The 5-year agreement begins on January 3, 2025.

The Direct Express® prepaid debit card provides secure, easy access to federal benefit payments for approximately 3.4 million Americans1. After evaluating proposals from multiple financial institutions, Fiscal Service selected BNY due to the expansive suite of customer service options that will better target Treasury's unique customer base and enhance the cardholder experience to include: online/digital funds access, bill pay, cardless ATM access, chat and text (omni-channel) customer service, online dispute filing, in-person authentication options, and more.

NEW YORK, Nov. 15, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, will report financial results for the fourth quarter 2024 on Wednesday, January 15, 2025. Materials will be posted to BNY's website at approximately 6:30 a.m. ET, and management will host a conference call and simultaneous live audio webcast at 12:00 p.m. ET that same day. This conference call and audio webcast will include forward-looking statements and may include other material information.

NEW YORK, Nov. 13, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), 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 5.224% Fixed Rate / Floating Rate Callable Senior Bank Notes due November 21, 2025 (CUSIP: 06405LAC5) (the "Notes"). The Notes have an aggregate principal amount of $750,000,000.

The redemption date for the Notes is November 21, 2024 (the "Redemption Date"). The redemption price for the Notes will equal 100% of the principal amount of the Notes plus any accrued and unpaid interest thereon to, but excluding, the Redemption Date (the "Redemption Price").

NEW YORK, Nov. 7, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that Robin Vince, Chief Executive Officer, will speak at the Goldman Sachs Financial Services Conference in New York at 10:00 a.m. ET on Wednesday, December 11, 2024. The discussion may include forward-looking statements and other material information.

A live webcast of the audio portion of the conference will be available on the BNY website (www.bny.com/investorrelations). An archived version of the audio portion will be available on the BNY website approximately 24 hours after the live webcast and will remain available until January 10, 2025. 

NEW YORK, Nov. 1, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced the successful closing of its acquisition of Archer Holdco, LLC ("Archer"), a leading technology-enabled service provider of managed account solutions to the asset and wealth management industry. The entry into the definitive agreement to acquire Archer was previously announced on September 5, 2024.

Managed accounts are among the fastest growing investment vehicles in the industry. Archer provides asset and wealth managers with comprehensive middle- and back-office solutions to address the needs of institutional, private wealth and retail investors.  

NEW YORK, Oct. 11, 2024 /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 $0.47 per share, payable on November 1, 2024 to shareholders of record as of the close of business on October 21, 2024.

Preferred – the following dividends for the noncumulative perpetual preferred stock, liquidation preference $100,000 per share, for the dividend period ending in December 2024, in each case payable on December 20, 2024 to holders of record as of the close of business on December 5, 2024:

NEW YORK, Oct. 11, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, has reported financial results for the third quarter 2024. The company's earnings release along with the quarterly financial highlights 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.

The survey looked at the current state of community banks across the country—and the findings reveal what community banks need to stay competitive and help their communities thrive

NEW YORK, Sept. 23, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, released today the results of a 2024 survey of community banks that it conducted with the Harris Poll, a global market research firm.

The BNY Voice of Community Banks Survey polled key community bank decision makers, from CEOs and CFOs to executives responsible for adopting and implementing new technologies, across the United States on topics including digital banking solutions they want to offer to customers and fintech collaborations they're pursuing that would help grow their businesses.

NEW YORK, Sept. 18, 2024 /PRNewswire/ -- BNY will decrease the Prime Lending Rate by 0.50%, from 8.50% to 8.00%, effective Thursday, September 19, 2024.

About BNY

BNY is a global financial services company that helps make money work for the world – managing it, moving it and keeping it safe. For 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 to 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 June 30, 2024, BNY oversees $49.5 trillion in assets under custody and/or administration and $2.0 trillion in assets under management.

NEW YORK, Sept. 18, 2024  /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that it will redeem all of the issued and outstanding Floating Rate Senior Notes due October 25, 2024 (CUSIP 06406RAY3) (the "Notes"). The Notes have an aggregate principal amount of $400,000,000.

The redemption date for the Notes is September 25, 2024 (the "Redemption Date"). The redemption price for the Notes will equal 100% of the principal amount of the Notes plus any accrued and unpaid interest thereon to, but excluding, the Redemption Date (the "Redemption Price").

Through Alts Bridge, BNY will deliver to wealth intermediaries, advisors, and investors a complete and integrated set of solutions across the alternative investment lifecycle

NEW YORK, Sept. 16, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, has today announced Alts BridgeSM ("Alts Bridge"), a comprehensive data, software, and services solution built to meet the growing demand from wealth intermediaries looking to access alternative and private market investment products, through a simplified end-to-end investment experience.

The acquisition will enhance BNY's capabilities across the entire managed account ecosystem, including manufacturing, distribution and servicing

Archer's fully integrated, cloud-based platform provides asset and wealth managers with a multi-product and multi-channel solution

NEW YORK, Sept. 5, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced BNY has entered into a definitive agreement to acquire Archer Holdco, LLC ("Archer"), a leading technology-enabled service provider of managed account solutions to the asset and wealth management industry.

NEW YORK, Aug. 20, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), the global financial services company, today announced that Dermot McDonogh, Chief Financial Officer, will speak at the Barclays Global Financial Services Conference in New York at 2:45 p.m. ET on Tuesday, September 10, 2024. The discussion may include forward-looking statements and other material information.

A live webcast of the audio portion of the conference will be available on the BNY website (www.bny.com/investorrelations). An archived version of the audio portion will be available on the BNY website approximately 24 hours after the live webcast and will remain available until October 10, 2024. 

NEW YORK, Aug. 14, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), the global financial services company, will report financial results for the third quarter 2024 on Friday, October 11, 2024. Materials will be posted to BNY's website at approximately 6:30 a.m. ET, and management will host a conference call and simultaneous live audio webcast at 11:00 a.m. ET that same day. This conference call and audio webcast will include forward-looking statements and may include other material information.

Leading independent broker-dealer & RIA with over $6B in assets under management expands and enhances its wealth management platform

CHICAGO, July 12, 2024 /PRNewswire/ -- Arete Wealth, a full-service Broker-Dealer (BD) and Registered Investment Advisory Firm (RIA), has announced the expansion of its clearing and multi-custodial wealth management platform via long-term clearing, custody, and technology agreements with BNY Pershing, a leading provider of global financial business solutions.

NEW YORK, July 12, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), the 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 $0.47 per share, payable on August 2, 2024 to shareholders of record as of the close of business on July 22, 2024.

Preferred – the following dividends for the noncumulative perpetual preferred stock, liquidation preference $100,000 per share, for the dividend period ending in September 2024, in each case payable on September 20, 2024 to holders of record as of the close of business on September 5, 2024:

NEW YORK, July 12, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), the global financial services company, has reported financial results for the second quarter 2024. The company's earnings release along with the quarterly financial highlights and other earnings-related documents are available at www.bny.com/investorrelations. Management will host a conference call and simultaneous live audio webcast at 9:30 a.m. ET today. This conference call and audio webcast will include forward-looking statements and may include other material information.

NEW YORK, July 2, 2024 /PRNewswire/ -- BNY has appointed Jose Minaya as Global Head of BNY Investments and Wealth. 

Mr. Minaya will join the company on September 3, reporting to President and Chief Executive Officer, Robin Vince, and will be a member of the firm's Executive Committee. This appointment follows Hanneke Smits's decision to retire; she will continue in her current role until September 3, at which time she will transition to Chair of BNY Investments through the end of 2024 to support a seamless transition.