CIFC Launches Philanthropic Program Linked to CLO Transactions

CIFC Asset Management launched the CLO Initiative for Change, a philanthropic program connected to collateralized loan obligations issued by the firm and dedicated to supporting organizations driving social, economic and/or environmental change.

May 20, 2021 Allen & Overy | Appleby | BNY Mellon | Chris Heron | CIFC | Kimberly Bryant | Locke Lord | Mark Sanofsky | Milbank | RBC Capital Markets Ian Koplin

BNY Mellon Makes Gibbons Permanent CEO

BNY Mellon appointed Thomas P. Gibbons CEO, effective immediately. Gibbons has served as interim CEO since September 2019.

March 30, 2020 BNY Mellon | Joseph Echevarria | Thomas P. Gibbons Phil Neuffer

BNY Mellon Agents $800MM Term Loan for Grupo Gerdau

Grupo Gerdau secured a $800 million credit facility. BNY Mellon served as administrative agent for the transaction.

November 4, 2019 Allende & Brea | Banco Bilbao Vizcaya Argentaria | Banco Santander | Beccar Varela | BNP Paribas | BNY Mellon | Citibank | Greenberg Traurig | Grupo Gerdau | HSBC Bank USA | JP Morgan Chase Bank | Mizuho Bank | New York Branch nadine

Wells Fargo Names Scharf CEO and President

Charles W. Scharf has been named Wells Fargo chief executive officer and president, and a member of the board of directors, effective October 21. Scharf was chairman and CEO of Bank of New York Mellon.

September 27, 2019 BNY Mellon | Charlie Scharf | Visa | wells fargo nadine

Gibbons Named Interim CEO of BNY Mellon, Replacing Scharf

Thomas P. (Todd) Gibbons has been appointed by the board of directors as interim chief executive officer of BNY Mellon and a member of the board, effective immediately.

September 27, 2019 BNY Mellon | Thomas P. (Todd) Gibbons nadine

SEC Fines BNY Mellon $54MM+ for Improper ADR Handling

According to the Securities and Exchange Commission, Bank of New York Mellon will pay more than $54 million to settle charges of improper handling of “pre-released” American Depositary Receipts.

December 18, 2018 Bank of New York Mellon | BNY Mellon | Sanjay Wadhwa | SEC | Securities and Exchange Commission Amanda Koprowski

BNY Mellon Launches New Leadership Structure

The Bank of New York Mellon revamped its organizational and leadership structure, effective January 1, 2018. As part of the organizational restructuring, Thomas Gibbons was appointed CEO of Clearing, Markets and Client Management.

November 14, 2017 BNY Mellon | Charlie Scharf | Thomas Gibbons ABF Journal

BNY Mellon’s Pershing Appoints Crowley as COO

BNY Mellon’s Pershing, a provider of global financial business solutions, named Jim Crowley chief operating officer.

August 31, 2017 BNY Mellon | Jim Crowley | Pershing ABF Journal

Former Fifth Third Attorney Joins BuckleySandler

BuckleySandler appointed Heather Russell as a partner to lead the Financial Institutions Regulation, Supervision & Technology practice. She was formerly with Fifth Third, BNY Mellon and Bank of America.

October 21, 2016 Andrew Sandler | Bank of America | BNY Mellon | BuckleySandler | Fifth Third | Heather Russell | Skadden Sam Nickerson

BNY Mellon Markets Appoints Murray COO

BNY Mellon hired Piers Murray as chief operating officer of the Markets business, effective June 15, 2016.

April 7, 2016 BNY Mellon | Piers Murray ABF Journal