BNY
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About BNY
As a global financial services company, we oversee nearly $50 trillion in assets for our clients, managing it, moving it and keeping it safe. For 240 years, we have been creating new solutions that benefit businesses, communities and people everywhere. No matter what the future brings, we’ll be ready and we’ll be working. Making money work for the world.
India is the largest strategic growth location for the bank with the strength of over 14,000+ employees who serve clients across lines of business globally. Today we have centers of excellence with world-class facilities in Pune & Chennai which are fully integrated into BNY's global infrastructure.
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Change Company | Change Company | Change Company | ||
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Overall Rating | 4.0/5 based on 3.8k reviews | 3.9/5 based on 1.5k reviews | 3.8/5 based on 846 reviews | 3.8/5 based on 2.5k reviews |
Highly Rated for | Company culture Work-Life balance Salary & Benefits | Salary & Benefits Job Security Company culture | No highly rated category | Job Security |
Critically Rated for | Promotion/Appraisals | No critically rated category | Promotion/Appraisals | Promotion/Appraisals |
Primary Work Policy | Hybrid 92% employees reported | Hybrid 68% employees reported | Hybrid 93% employees reported | Hybrid 65% employees reported |
Rating by Women Employees | 4.0 Good rated by 1.1k women | 3.9 Good rated by 505 women | 3.8 Good rated by 329 women | 3.9 Good rated by 655 women |
Rating by Men Employees | 4.0 Good rated by 2.5k men | 4.0 Good rated by 928 men | 3.8 Good rated by 499 men | 3.8 Good rated by 1.7k men |
Job Security | 3.6 Good | 3.8 Good | 3.5 Good | 3.8 Good |
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Michelle Neal Named as Fnality International CEO
- Fnality International has announced Michelle Neal as its new CEO. She will be driving the expansion of Fnality's regulated network of distributed Financial Market Infrastructures (dFMIs). Michelle brings extensive leadership experience in banking and markets.
- Michelle succeeds Rhomaios Ram, who will continue in an advisory capacity to Fnality. Michelle has held executive positions at financial institutions including BNY Mellon and Deutsche Bank.
- The Board of Fnality expressed thanks to Rhom for his leadership and welcomes Michelle as a driver of growth. The company is preparing for geographical expansion and adoption of the Sterling Fnality Payment System.
- Michelle Neal is excited to take on the role at Fnality and guide the team in achieving new milestones in wholesale financial markets.
US Bankers Remain Cautious on Crypto Despite Potential Regulatory Shifts Under Trump
- Prominent financial executives express caution about fully embracing the volatile crypto market despite potential regulatory shifts.
- Goldman Sachs CEO, David Solomon, acknowledges potential for regulatory changes but emphasizes the need for clarity before entering the crypto space.
- Bank of New York Mellon CEO, Robin Vince, highlights importance of establishing robust regulatory guidelines before advancing into new digital asset services.
- US bankers remain hesitant due to concerns over crypto market volatility and lack of clear client demand.
BNY promotes 30 employees to managing director. See the full list of names here.
- Bank of New York Mellon promoted 30 employees to managing director, the bank's highest title below the C-suite.
- BNY is one of the oldest and most important financial institutions on Wall Street, with $2.1 trillion in AUM.
- The promoted employees are from various business segments, including Asset Servicing, BNY Wealth, Clearance and Collateral Management, and more.
- 25% of the newly promoted managing directors are from non-US locations targeted for growth, such as Manchester, Wroclaw, Dublin, and India.
Solana’s Explosive Growth Drives Bold ETF Push by Grayscale
- Grayscale Investments has filed for a spot Solana ETF with the SEC.
- If approved, the ETF will be listed on the New York Stock Exchange.
- Coinbase Custody will store the Solana ETF securely, while BNY Mellon will handle fund management.
- Solana's strong performance in DeFi and growing market interest have fueled optimism for the Grayscale Solana ETF.
WisdomTree Files for XRP ETF
- WisdomTree has filed for an XRP ETF aiming to track the price of XRP, the native cryptocurrency of the Ripple network.
- Bank of New York Mellon is designated as the administrator for the proposed trust.
- This filing comes amidst ongoing legal proceedings between Ripple Labs and the SEC regarding XRP's regulatory status.
- The introduction of an XRP-focused ETF in the U.S. could boost institutional investment and mainstream adoption, dependent on regulatory developments and legal resolutions.
Chainlink (LINK) Explodes 37% to 2-Year High on EU Tokenized Securities Partnership
- Chainlink (LINK) prices have surged by over 36% to almost a two-year high, reaching $26.
- The surge comes after the announcement of a partnership between Chainlink and 21X to develop Europe's first EU-regulated financial market infrastructure for tokenized securities.
- The platform, scheduled to launch in Q1 2025, will leverage Chainlink's technology for secure price data feeds, cross-chain interoperability, and access to assets across multiple blockchain protocols.
- Chainlink has also deepened ties with traditional financial institutions and banks, including Swift, JPMorgan, Citi Group, and BNY Mellon.
WisdomTree Officially Files For Spot XRP ETF Amid Soaring Confidence In Incoming Trump Administration
- Asset manager WisdomTree has filed for a spot XRP exchange-traded fund (ETF) with the SEC, becoming the fourth company to do so.
- Coinbase will serve as the fund's prime execution agent and XRP custodian, while Bank of New York Mellon will be the administrator.
- XRP's price has been surging, reaching a seven-year high of $2.81 per coin, fueled by investor optimism and hopes for regulatory clarity under the incoming Trump administration.
- The ongoing legal battle between Ripple and the SEC could affect the timeline for XRP ETF applications.
WisdomTree Files XRP ETF Proposal Amid 400% XRP Rally
- WisdomTree has filed an application with the SEC for an XRP ETF, supported by Bank of New York Mellon.
- XRP has rallied by 400% in the last 30 days, boosting optimism for regulatory approval of the ETF.
- The ETF would provide controlled access to XRP, the third-largest cryptocurrency by market capitalization.
- WisdomTree's filing aligns with growing institutional acceptance of XRP and changing dynamics within the SEC.
WisdomTree joins race for spot XRP ETF as 4th filing amid impending SEC leadership change
- WisdomTree has filed a Form S-1 registration statement with the SEC to launch a spot XRP ETF.
- WisdomTree joins Bitwise, 21Shares, and Canary Capital in seeking SEC approval for spot XRP ETFs.
- The proposed ETF would track the performance of XRP, with Bank of New York Mellon designated as the trust administrator.
- The approval process remains uncertain due to the ongoing legal dispute between Ripple Labs and the SEC.
Bitwise Files With SEC for 10 Crypto Index ETF
- Bitwise has filed an application with the SEC for an ETF including 10 crypto indexes.
- If approved, this move could lead to similar initiatives from other companies.
- The application includes Bitcoin, Ethereum, XRP, Solana, Cardano, Uniswap, Polkadot, Chainlink, Avalanche, and Bitcoin Cash.
- Other players involved in the application are Coinbase Custody, BNY Mellon, and CF Benchmarks.
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