THE BANK of New York and Mellon Financial are set to merge - a move that will create the world's largest global securities servicing firm.
The new firm – which will be called The Bank of New York Mellon Corporation – will have $16.6trn (£8.39trn) in assets under custody and $8trn (£4.04trn) in assets under trusteeship. It will also r...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
