The Bank of New York

• BNY Mellon Boosts Q2 Earnings on Lower Clearing Income

  By Janet Levaux, AdvisorOne  |  July 20, 2010

  The Bank of New York Mellon reported on July 20, quarterly income from continuing operations of $668 million, or $0.55 per share, compared with $267 million, or $0.23 per share, in the second quarter of 2009.

• BNY Mellon Boosts Earnings on Lower Clearing Income

  By Janet Levaux, AdvisorOne  |  July 20, 2010

  Revenue from clearing services to broker-dealers and RIAs was $369 million in the most-recent period, down 8% from last year but up 1% from the first quarter.

• A Tale of Origins

  By Kenneth Silber, Research  |  June 1, 2010

  When Alexander Hamilton and Aaron Burr dueled at dawn on July 11, 1804, the fight was not just between a former Treasury secretary and a...

• BNY Mellon's Profit and AUM Jump in Q1

  By Ron Pechtimaldjian, AdvisorOne  |  April 20, 2010

  The Bank of New York Mellon (BNY Mellon) on Tuesday, April 20, said profit in the first quarter soared 74%, as its asset and wealth management businesses benefited from a resurgent market.

• Pershing Expands RIA Manager Menu

  By Nancy R. Mandell  |  June 5, 2009

  Pershing Managed Account Solutions unit adds new account managers for advisors and streamlines tools for advisors in transition.

• Bank of New York Mellon to Act as TARP Custodian

  By Melanie Waddell, AdvisorOne  |  October 14, 2008

  The Bank of New York Mellon has been chosen by the Treasury Department as the custodian to implement the Troubled Asset Relief Program (TARP)--or the $700 billion bailout fund.

• Clearers on the March

  By Jane Wollman Rusoff  |  September 1, 2008

  Bear Stearns' sudden collapse last March indeed shook Wall Street and sent shock waves throughout every financial market around the globe. But at least one behind-the-scenes...

• RIAs get new trust company and service options.

  By Marlene Y. Satter, AdvisorOne  |  July 1, 2008

  Trust Network Offers Custody and Services Pershing LLC, a subsidiary of The Bank of New York Mellon Corp., has announced the launch of Trust Network, a...

• Pershing Adds to FundVest Platform

  By Kara P. Stapleton  |  June 13, 2008

  Pershing LLC, a subsidiary of The Bank of New York Mellon Corporation, has added American Funds, JennisonDryden, OppenheimerFunds and Van Eck Global to FundVest--Pershing's no-transaction-fee...

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  Watch List

  By James J. Green, AdvisorOne  |  May 1, 2008

  Over the past five years, the focus has shifted for the independent advice community, a shift that has been reflected in the IA 25, our...