As T+1 enters the homestretch, European funds are concerned they will breach cash holding rules
Chancellor Rachel Reeves set to meet finance giants on US tour
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The 240-year-old bank has been quick to embrace the technology, but not at the expense of new recruits, its international head tells FN
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What does it take to break the City's glass ceiling?
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'Far too much of the so-called active segment is really only active to the extent it charges a high fee,' Roy Leckie says
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The BNY Mellon funds boss is setting her sights on boosting female CEOs and chairs as she takes over the 30% Club
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Smits succeeds Ann Cairns, and says she will keep up the pressure on both gender and racial diversity in the City
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'As institutional adoption of digital assets continues to evolve, we are committed to being a trusted provider of services,' bank says
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Nagel, who is the CEO of EuroCCP, will head Pershing’s Emea operations
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Dermot McDonogh will succeed Emily Portney who is transitioning to a new role at the New York-based custody bank
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'That was the biggest demand they had: Getting us to come in and apply the trusted guardrails but also to take that risk and operational burden off of them'
The move marks an important milestone for traditional banks and their growing acceptance of digital assets as a legitimate market and a source of new business