Ashton Thomas Securities, a hybrid broker-dealer of Ashton Thomas Private Wealth whose advisors manage over $5B in client assets, will use Pershing's clearing and custody services, as well as BNY Mellon's direct indexing solutions NEW YORK, March 4, 2024 /PRNewswire/ -- BNY Mellon's Pershing (NYSE: BK), a leading provider of global financial business solutions, announced today it will support Ashton Thomas Securities, an independent broker-dealer and registered investment advisor (RIA) owned by Arax Investm ...

NEW YORK--(BUSINESS WIRE)--On February 27, 2024, BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (Ticker: XALCX) declared a distribution of $2.00 per share of common stock, payable on April 1, 2024, to shareholders of record at the close of business on March 12, 2024. The ex-dividend date is March 11, 2024. The previous distributions declared in December were a quarterly distribution of $2.00 per share of common stock and a special year-end distribution of $2.38 per share of common stock. The F ...

NEW YORK--(BUSINESS WIRE)--BNY Mellon High Yield Strategies Fund (NYSE: DHF) today announced a monthly cash distribution of $0.0175 per share of beneficial interest, payable on April 1, 2024 to shareholders of record at the close of business on March 12, 2024. The ex-dividend date is March 11, 2024. The $0.0175 per share investment income dividend represents an increase of $0.0025 from the previously declared monthly net investment income dividend of $0.015 per share. The dividend increase primarily reflec ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Fiscal Year Ended December 31, 2023 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number 001-35651 THE BANK OF NEW YORK MELLON CORPORATION (Exact name of registrant as specified in its charter) Delaware 13-2614959 (State or other jurisdiction of (I.R.S. Employer incorpor ...

Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a met ...

NEW YORK--(BUSINESS WIRE)--BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (the "Fund") today announced the final results of its quarterly tender offer (the "Tender Offer") for up to 2.5% of the Fund's issued and outstanding shares of common stock (the "Shares"). The Tender Offer, which expired at 5:00 p.m. Eastern time on February 13, 2024, was oversubscribed. Therefore, in accordance with the terms and conditions of the Tender Offer, the Fund will purchase Shares from all tendering sharehold ...

NEW YORK, Feb. 13, 2024 /PRNewswire/ -- BNY Mellon (NYSE: BK) today announced that Dermot McDonogh, Chief Financial Officer, will speak at the RBC Capital Markets Global Financial Institutions Conference in New York at 3:20 p.m. ET on Tuesday, March 5, 2024. The discussion may include forward-looking statements and other material information. A live webcast of the audio portion of the conference will be available on the BNY Mellon website (www.bnymellon.com/investorrelations). An archived version of the aud ...

New capabilities will help increase scale for ETF users across the Asset Management industry NEW YORK, Feb. 12, 2024 /PRNewswire/ -- BNY Mellon (NYSE: BK), the global financial services company, announced today the launch of its next-gen ETF basket construction platform. The new comprehensive platform will provide asset managers with a digital workflow, backed by start-of-day net asset value (NAV) data, to present vital market-making information to liquidity providers. This solution will support asset manag ...

NEW YORK, Feb. 6, 2024 /PRNewswire/ -- BNY Mellon (NYSE: BK) today announced that Jim Crowley, Global Head of Pershing, will speak at the UBS Financial Services Conference in Key Biscayne, Florida at 12:10 p.m. ET on Tuesday, February 27, 2024. The discussion may include forward-looking statements and other material information. A live webcast of the audio portion of the conference will be available on the BNY Mellon website (www.bnymellon.com/investorrelations). An archived version of the audio portion wil ...

The Zacks Major Regional Banks will benefit from high rates as net interest income (NII) continues to rise, despite increasing funding costs and weakening loan demand putting a strain on net interest margin (NIM) expansion. Solid economic growth will also support banks’ financials in the near term.Business restructuring/expansion initiatives and digitization will offer support. While weakening asset quality is now likely to exert some pressure on the financials, major banks like JPMorgan Chase & Co. (JPM) , ...