Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

BNY Mellon Names Karen Peetz President - Quick Facts

RELATED NEWS
Trade BK now with 

BNY Mellon (BK: Quote) announced the appointment of Karen Peetz as the President of BNY Mellon. Peetz is currently Vice Chairman and Chief Executive Officer of Financial Markets & Treasury Services. As President, Peetz will lead Global Client Management, Regional Management, Treasury Services and Human Resources.

The company also announced executive appointments. The appointments will be effective Jan. 1.

Timothy Keaney will be named Chief Executive Officer of Investment Services as BNY Mellon aligns its Asset Servicing, Corporate Trust, Depositary Receipts, Global Markets, Global Collateral Services, Broker Dealer Services, and Pershing businesses under his leadership. Keaney is currently Vice Chairman and Chief Executive Officer of Asset Servicing. He will retain his Vice Chairman title.

Brian Shea will be named President of Investment Services and head of BNY Mellon's Global Operations and Technology group. He will also continue in his role as Chief Executive Officer of BNY Mellon's Pershing subsidiary and as head of Broker Dealer and Advisor Services.

Click here to receive FREE breaking news email alerts for The Bank of New York Mellon Corp. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Oracle Corp. said Wednesday after the markets closed that its second quarter profit fell 2% from last year, hurt mainly by higher income tax expenses even as revenue increased 3%. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue. Apple's iPhone-based Apple Pay system is gaining momentum nationwide with a host of new banks and retailers signing on. The system allows users to link a credit card directly to their device for payments and Apple now says they have deals with banks that account for 90 percent of the debit card transactions in the US. The current drop in fuel prices could lead to a major sales dip for electric automaker Tesla, according to some industry experts. The Elon Musk led manufacturer had predicted sales of over 500,000 new vehicles by 2020, but now that number could fall by as much as 40 percent.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.