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Grayscale Will Have A Better Path Forward Than Others In ETF Battle: CEO Of Digital Asset Research
Friday, July 16, 2021 - 6:54pm | 530Read More...Grayscale Investments, the asset manager behind the Grayscale Bitcoin Trust (OTCMKTS: GBTC), has partnered with Bank of New York Mellon Corp (NYSE: BK) to avail its fund accounting services. What Happened: In a press release on Tuesday, Grayscale said that the partnership would also see...
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Fintech Focus For July 13, 2021
Monday, July 12, 2021 - 7:45pm | 1849Read More...Quote To Start The Day: “The question isn't who is going to let me; it's who is going to stop me.” Source: Ayn Rand One Big Thing In Fintech: Binance traders around the world have been trying to get their money back. But unlike a more traditional investment platform, Binance is...
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Fintech Focus For July 1, 2021
Wednesday, June 30, 2021 - 7:07pm | 2232Read More...Quote To Start The Day: “If you do what you’ve always done, you’ll get what you’ve always gotten.” Source: Tony Robbins One Big Thing In Fintech: NYCE Companies formally announced Wednesday a record-breaking $1.31-million raise, as well as the signing of a deal to go...
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BNY Mellon Says Fund Performance Hurt By Lack Of Exposure To Bitcoin Stocks
Friday, April 30, 2021 - 9:29am | 433Read More...Wall Street banking giant Bank of New York Mellon Corp (NYSE: BK) said the performance of one of its exchange-traded funds was considerably impacted by its lack of exposure to crypto stocks. What Happened: In a recent SEC filing, the bank said that the BNY Mellon Opportunistic Small Cap Fund (MUTF...
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Fintech Focus For February 12, 2021
Thursday, February 11, 2021 - 10:33pm | 2018Read More...Quote To Start The Day: We believe that the new commodity upswing, and in particular oil up cycle, has started. Source: JPMorgan One Big Thing In Fintech: This month marks the 50th anniversary of Nasdaq’s launch in 1971. The story of Nasdaq’s first five decades highlights its impact on...
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BNY Mellon Opens Its Doors To Bitcoin And Cryptocurrency Custody
Thursday, February 11, 2021 - 12:26pm | 302Read More...America’s oldest bank, Bank of New York Mellon Corp (NYSE: BK), will offer Bitcoin and digital asset custody services later this year. What Happened: According to today’s announcement, BNY Mellon will form a new enterprise Digital Assets unit that will address...
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BNY Mellon's Liz Young On Upcoming Election Volatility
Thursday, October 29, 2020 - 12:33pm | 131Read More...BNY Mellon's Liz Young on CNBC's "Halftime Report" discussed the potential volatility in the SPDR S&P 500 ETF (NYSE: SPY) amid the presidential election next week. "I wouldn't count out election lasting until early December," said Young. 'This is not the...
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Fintech Focus For October 1, 2020
Wednesday, September 30, 2020 - 7:01pm | 2198Read More...Quote Of The Day: Wars are poor chisels for carving out peaceful tomorrows. - Martin Luther King, Jr. Fintech Movers: Insurtech has emerged as a major draw for VC investment, with the space attracting more than $6B in funding last year. - CB Insights Iownit intros a DLT for private markets. How...
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BNY Mellon Collaborates With Microsoft, Expands Data And Analytics Offering
Friday, July 3, 2020 - 10:03am | 447Read More...The Bank of New York Mellon Corporation (NYSE: BK), a global financial services company, formally announced the launch of new data and analytics solutions designed to help investment managers better manage data, launch funds, and customize investment portfolios to preferred Environmental, Social,...
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Insider Buys Of The Week: Ecolab, BNY Mellon And More
Monday, March 19, 2018 - 7:20am | 804Read More...Insider buying can be an encouraging signal for potential investors. For the second week in a row, Bill Gates sharply increased his stake in a water and energy company. Some financial companies also saw notable insider buys this past week. Conventional wisdom says that insiders and 10...
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BNY Mellon Albridge Helps Investors Visualize Data On A Broad Range Of Assets
Friday, January 5, 2018 - 1:23pm | 681Read More...The Benzinga Global Fintech Awards are a yearly showcase of the best and brightest in fintech. In preparation for its biggest installment yet in May 2018, we're profiling the companies competing for the BZ Awards. Our next feature is on BNY Mellon Albridge. What does your company do? What...
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Pro: Japanese Yen, Not The Euro, Is A Safe Haven Play Following Brexit
Friday, July 1, 2016 - 12:10pm | 303Read More...It may seem like a strange concept for investors to grasp, but according to Simon Derrick, an analyst at BNY Mellon, a safe haven for investors post-Brexit vote is the Japanese yen. Speaking as a guest on CNBC early Friday morning, Derrick stated the Bank of England's chief Marc Carney made it "...
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How Big Financial Institutions Are Getting Help From A Fintech Startup
Wednesday, July 1, 2015 - 12:18pm | 511Read More...Vestorly is helping established financial institutions in a big way. The company raised more than $2 million last year and has been inking deals with new clients ever since. Bank of New York Mellon Corp (NYSE: BK) subsidiary Pershing LLC is one of the latest firms to integrate Vestorly's...
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Commercial Real Estate Week in Review
Saturday, May 22, 2010 - 6:00am | 558Read More...Commercial Real Estate Week in Review-Week of May 16-22 -Our office neighbor Hersha Hospitality Trust is betting on the New York hotel sector, as they increased their exposure by purchasing a 113-room Holiday Inn. -Welsh Property Trust and Campus Crest Communities are going public. Their IPO’s are...
