Welcome to our dedicated page for Bank New York Mellon news (Ticker: BK), a resource for investors and traders seeking the latest updates and insights on Bank New York Mellon stock.
Stay informed about the latest developments at Bank of New York Mellon, the world's largest custody bank and a major provider of investment services. This news feed aggregates press releases, regulatory filings, analyst coverage, and media reports covering BNY's business operations, financial performance, strategic initiatives, and industry developments.
As a Global Systemically Important Bank serving institutional clients worldwide, BNY's activities and announcements can provide insights into broader trends affecting asset managers, pension funds, insurance companies, and other institutional investors. The company's custody operations, which safeguard over $57 trillion in assets, make it a bellwether for institutional investment activity and cross-border capital flows. News about client wins, asset flows, or new service offerings may signal shifts in how institutions are managing their portfolios or accessing financial markets.
BNY's investment management division manages approximately $2 trillion across multiple boutique firms, providing another window into institutional investment trends. Announcements about new investment strategies, acquisitions of boutique managers, or changes in assets under management can reflect evolving client preferences for different asset classes and investment approaches. The company's clearing division, BNY Pershing, serves thousands of broker-dealers and wealth advisors, making news about platform enhancements or client adoption relevant to professionals in the wealth management industry.
The company's treasury services, corporate trust, and collateral management businesses connect BNY to corporate finance activities, bond issuances, repo markets, and payment system developments. News covering these areas may include information about market share in corporate trust mandates, adoption of new payment technologies, or activity levels in securities lending and repo markets. As one of the largest participants in payment systems and Treasury market infrastructure, BNY's operational initiatives and technology investments often reflect broader industry movements toward automation, digitization, and enhanced cybersecurity.
Regulatory developments represent another important news category, as BNY operates under oversight from the Federal Reserve, Office of the Comptroller of the Currency, and international regulators. Announcements related to capital levels, stress test results, regulatory approvals for new activities, or compliance matters provide transparency into how the company manages its regulatory obligations. Industry trends affecting custody banks, such as changes to capital requirements, securities lending regulations, or digital asset frameworks, frequently appear in news coverage of BNY given its leadership position in these markets.
This news feed encompasses quarterly earnings releases, strategic announcements, product launches, technology initiatives, partnerships, leadership appointments, dividend declarations, and other material developments. By following BNY news, investors can track the company's financial health, strategic direction, and competitive position while also gaining perspective on the institutional investment landscape and financial market infrastructure trends.
Cantilever Group has appointed Liz Robinson to its Advisory Board, bringing significant financial services expertise from her 26-year career at Goldman Sachs. During her time at Goldman Sachs, Robinson served as Global Treasurer and Partner, managing the firm's liquidity risk, balance sheet, and capital while co-chairing the Finance Committee and Firmwide Capital Committee.
Robinson currently serves on the boards of The Bank of New York Mellon (NYSE: BK) and The Travelers Companies. Her board experience extends to educational and healthcare institutions, having served as Chairman of the Board of Williams College and as a Trustee for St. Luke's University Health Network and Blair Academy. She holds a degree from Williams College and an MBA from Columbia University's Executive MBA Program.
BNY (NYSE: BK) has announced that Chief Financial Officer Dermot McDonogh will be speaking at the RBC Capital Markets Global Financial Institutions Conference in New York. The presentation is scheduled for March 4, 2025, at 2:00 p.m. ET.
The discussion may include forward-looking statements and material information. Investors can access a live webcast of the audio portion through BNY's investor relations website. An archived version of the presentation will be available approximately 24 hours after the live event and will remain accessible until April 4, 2025.
Buenaventura (NYSE: BVN) has released its Q4 2024 production results and 2025 guidance. Key highlights include:
Total gold production reached 39,362 ounces in Q4 2024, with annual production of 148,683 ounces. Silver production totaled 3.96M ounces in Q4, with annual production of 15.48M ounces. The company produced 14,191 metric tons of copper in Q4, reaching 56,525 metric tons for the full year.
For 2025, Buenaventura projects gold production guidance of 108.5k-129.5k ounces and silver production of 13.8M-15.7M ounces. Notable operational updates include Tambomayo expecting a 40% decrease in throughput, Orcopampa projecting a 45% reduction in annual throughput, and El Brocal achieving 12,500 tpd in underground mining. The San Gabriel project remains on track for production initiation in Q4 2025.
Average realized prices in Q4 2024 were $2,641/oz for gold, $31.17/oz for silver, and $8,883/MT for copper.
Buenaventura (NYSE: BVN) has announced its Fourth Quarter 2024 earnings conference call, scheduled for Friday, February 21, 2025, at 10:00 AM (Eastern/Lima Time). The Q4 results will be released on Thursday, February 20, after market close. CEO Leandro García Raggio and other senior management members will participate in reviewing the company's financial and operating results.
Buenaventura is Peru's largest publicly traded precious and base metals company, operating several mines including Orcopampa, Uchucchacua, Julcani, Tambomayo, La Zanja, El Brocal, and Coimolache. The company also holds a 19.58% stake in Sociedad Minera Cerro Verde, a significant Peruvian copper producer partnered with Freeport-McMorRan Inc. and Sumitomo
BNY Municipal Bond Infrastructure Fund (NYSE: DMB) has declared a monthly distribution of $0.0300 per share of common stock, maintaining the same rate as January. The distribution is payable on March 3, 2025, to shareholders of record as of February 19, 2025, which is also the ex-dividend date.
The Fund aims to provide regular monthly distributions at a stable rate based on projected performance. While maintaining stable distributions, the Fund may occasionally distribute less than its net investment income, use accumulated undistributed income, or return capital. The distribution policy may change based on market conditions and portfolio performance.
BNY Investment Adviser, the Fund's investment adviser, is part of BNY Investments, which manages $2.0 trillion in assets as of December 31, 2024. The parent company, BNY, oversees $52.1 trillion in assets under custody and/or administration.
Buenaventura (NYSE: BVN), Peru's largest publicly-traded precious metals mining company, has successfully issued US$650 million in senior unsecured notes due 2032. The notes bear an interest rate of 6.800% per annum and are fully guaranteed by Inversiones Colquijirca, Procesadora Industrial Río Seco, and Consorcio Energético Huancavelica.
The notes were offered through private placement to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S. The company plans to use the proceeds to refinance its outstanding 5.500% Senior Notes due 2026 and for general corporate purposes. This transaction aims to strengthen Buenaventura's credit profile and extend debt maturities.
BNY (NYSE: BK) has announced the appointment of Carolyn Weinberg as its new Chief Solutions Innovation Officer, effective February 3. Weinberg, who will join the BNY Executive Committee, comes from BlackRock where she served as Chief Product Innovation Officer, leading global product innovation, development, and commercialization.
CEO Robin Vince emphasized that fostering BNY's culture of innovation and curiosity is essential, highlighting Weinberg's extensive experience in product innovation and development. Weinberg's prior experience includes leadership roles at Citibank and Deutsche Bank, where she developed client solutions across risk management, structured financing, and fixed income derivatives.
BNY (NYSE: BK) has announced that its Chief Executive Officer, Robin Vince, will be presenting at the BofA Securities Financial Services Conference. The conference presentation is scheduled for Wednesday, February 12, 2025, at 9:40 a.m. ET in Miami, Florida. This speaking engagement represents an opportunity for BNY to share insights and updates with the financial services community.
BNY (NYSE: BK) has announced that Emily Portney, Global Head of Asset Servicing, will be presenting at the upcoming UBS Financial Services Conference. The presentation is scheduled for Tuesday, February 11, 2025, at 1:00 p.m. ET in Key Biscayne, Florida. This appearance at a major financial conference suggests BNY's commitment to maintaining transparent communication with investors and industry stakeholders.
BNY High Yield Strategies Fund (NYSE: DHF) has declared a monthly cash dividend of $0.0175 per share from net investment income. The dividend will be payable on February 21, 2025, to shareholders of record as of February 6, 2025, which is also the ex-dividend date. This dividend amount remains unchanged from the previous December declaration.
The fund is managed by BNY Investment Adviser, part of BNY Investments, which manages $2.0 trillion in assets as of December 31, 2024. The parent company, BNY, oversees $52.1 trillion in assets under custody and/or administration and operates through seven investment firms offering solutions across major asset classes.
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