New Hire Roundup: Goldman, Nelson Move Up at NFP; New Vice Chair at FASB
This week in new hires, Michael Goldman became COO and Carl Nelson head of mergers and acquisitions at NFP; John Taft of RBC Wealth Management became a LinkedIn Influencer; more
Bank of New York, Mellon Merger Final
The Bank of New York Company, Inc. and Mellon Financial Corporation have completed their merger, creating The Bank of New York Mellon Corporation. The new...
NEWS & PRODUCTS
Bank of New York and Mellon Financial Corporation announced plans to merge. The new firm, named Bank of New York Mellon Corporation, will be New...
Bank of New York and Mellon to Merge
Bank of New York, the oldest bank in the U.S., and Mellon Financial Corporation said December 4 that they will merge, forming a powerful global firm that will diversify their businesses both geographically and by revenue sector.
Mellon Buys DPM
SOMERSET, N.J. (HedgeWorld.com)--Officials with Mellon Financial Corp.'s Asset Servicing group announced plans Tuesday to buy Derivatives Portfolio Management LLC, a hedge fund administrator that oversees...
Merger Arb Returns Mirror Rate Hikes
Federal Reserve policy makers raised the federal funds rate to 1.75% with three hikes in the period from June through September and indicated a continuation...
Mellon HBV European Subsidiary Passes Milestone
NEW YORK (HedgeWorld.com)--A Europe-focused event-driven vehicle managed by the British subsidiary of Mellon HBV Alternative Strategies LLC went above US$100 million in assets. The strategy covers...
Lyster Watson Hires Mellon HBV to Manage Long-Only
NEW YORK (HedgeWorld.com)--Lyster Watson & Company, an investment adviser that oversees more than US$1 billion in assets, added to its offerings an event-driven distressed discipline...
Mellon HBV Launches Active Strategy in Distressed
NEW YORK--Having managed a hedged distressed securities portfolio for years, Mellon HBV Alternative Strategies LLC added a U.S.-focused long-only distressed strategy that involves acquiring influential...
Massachusetts Pension Suit against Mellon Raises N
NEW YORK (HedgeWorld.com)--A lawsuit filed by Middlesex Retirement System, Billerica, Mass., against Mellon Financial Corp., Pittsburgh, centers on the familiar problem of valuing fund assets,...