Shea, president and chief operating officer, Pershing LLC, said. The deal will also allow Pershing to offer more multicustodial capabilities, he noted, by leveraging the technology from Albridge. Shea said. Recent Articles by Author. INsider: Kars4Kids loses bundle in investment krackup, report says Charity purportedly put money into risky real estate ventures. The price of tea in China — and what it means for your clients Big trouble in the big country could whack portfolios closer to home.
Latest news. The acquisition will enhance BNY Mellon's leadership position supporting fund managers and financial advisors globally across several business lines while providing the potential for significant revenue and expense synergies. Write a blog post about this story membership required.
News in your inbox For Finextra's free daily newsletter, breaking news and flashes and weekly job board. Sign Up. Wholesale banking. Findex Mergers and acquisitions. External what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The all-cash acquisition, which will be accretive in the first year, is expected to close in the third quarter of , subject to necessary regulatory approvals.
Kelly, BNY Mellon chairman and chief executive officer.
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