Mellon Financial Corp.

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asset management and mellon financial corp. - All News and Analysis

• It's Mellon's show now; BNY Asset chief's departure underscores shift in control.(mergers between The Bank of New York and Mellon Financial Corp.)

  - 2007-06-11

  Byline: Mark Bruno The megamerger between Bank of New York and Mellon Financial has led to the resignations of several key BNY Asset Management executives, none bigger than BNY's top money management official, Steven Pisarkiewicz. Mr. Pisarkiew Byline: Mark Bruno...

  Tags: asset management, Mellon Financial Corp., merger

• BNY-Mellon deal puts 2006 in record book.(The Bank of New York Company Inc., Mellon Financial Corp.)

  - 2006-12-11

  Byline: Douglas Appell and Mark Bruno Bank of New York Co.'s surprise move to purchase Mellon Financial Corp. in the largest money manager deal in history lifts the value of money management merger and acquisition deals announced this year to more Byline: Douglas...

  Tags: asset, asset management, M&A, Mellon Financial Corp.

• WestAM unit closing; German parent shuts down fixed-income business after setting up joint venture with Mellon Financial.(News)

  - 2006-03-20

  Byline: Mark Bruno HOUSTON - WestLB AG has decided to pull the plug on its Houston-based WestAM fixed-income business, several months after the German-based company agreed to form a joint asset management venture with Mellon Financial Corp. Wes Byline: Mark...

  Tags: asset, asset management, Mellon Financial Corp.

• Manager Briefs: Mellon merges Dreyfus unit with institutional business.(Briefs)

  - 2006-01-09

  PITTSBURGH - Mellon Financial combined its Dreyfus mutual fund unit with its institutional asset management business, Mellon Institutional Asset Management, to form Mellon Asset Management, confirmed spokesman Ron Gruendl. Mellon Financial Vice Ch PITTSBURGH - Mellon Financial combined its Dreyfus mutual fund unit...

  Tags: asset, asset management, Fidelity Investments, General Electric Co., investment, investor, Mellon Financial Corp.

• Ready to grow; Ronald P. O'Hanley believes Mellon Financial, with its `multiboutique' structure, is positioned to be a hunter, rather than prey, as a decade of consolidation in the financial services industry looms.(Mellon Financial Corp)(Company Profile)

  - 2005-12-26

  Byline: Douglas Appell ***** Correction: Global bonds managed by Newton Investment Management returned 12.3% for the five-year period ended Sept 30, 2005. An incorrect figure was published in the Face to Face article on Dec. 26. ***** ...

  Tags: Mellon Financial Corp., asset, asset management, financial service

• M&A activity likely to heat up; Bull's-eyes on the asset managers.(News)

  - 2003-07-21

  Byline: Frederick P. Gabriel Jr. After a three-year hiatus, asset management companies are back on the prowl. Year-to-date, the number of mergers and acquisitions announced in the sector is about the same as it was at...

  Tags: asset, asset management, M&A, Mellon Financial Corp.

• Back to basics: Money managers look at systems outsourcing; Large firms emphasizing investment skills, leaving back-office technology to the experts.(Asset management sector faces tighter profit margins)(Statistical Data Included)

  - 2002-01-21

  Asset management firms getting back to investment basics could set off a tidal wave of systems outsourcing in coming months. Tighter profit margins in the face of shrinking revenues and the growing need for speed in securities processing are making Asset management firms getting...

  Tags: asset, asset management, back-office, Mellon Financial Corp., outsourcing, outsourcing company, profit margin