bny mellon

BNY Mellon combines with HKMA to help US issuers tap dim sum bonds

The aim is to help firms comply with US withholding tax requirements on foreign persons and entities, as the total issuance for dim sum bonds in 2023 tallied $76 billion in Hong Kong.

February 27, 2024

Mandates and payments roundup, November 15

BoA Merrill upgrades its online treasury management portal with new applications, while Western Union completes its acquisition of Travelex global business payments.

November 14, 2011

Mandates and payments roundup, November 8

Citi opens a smart banking outlet in Wuxi, while BNY Mellon launches a new liquidity application for smartphone users.

November 07, 2011

Mitigating the risks of open account trade

More regional companies are turning to supply-chain financing as they take a broader approach to risk mitigation.

September 13, 2011

BNY Mellon targets renminbi business

BNY Mellon is building its China team in an effort to woo more mainland clients with an increased product offering, such as renminbi foreign exchange and money market services.

June 16, 2011

Derivatives users slow to learn crisis lessons

Most end-users of derivatives lack the ability to manage their risk properly, according to a recent survey by BNY Mellon. We talked to them about best practices.

March 16, 2011

China focus: BNY Mellon says RMB’s role in trade to increase

A. Richard Brown, head of BNY Mellon treasury services for Asia-Pacific, says trade banks will need to invest to benefit from potential new renminbi trade settlement.

March 07, 2011

Payment news, November 23

Visa develops a new payment service in India, while BNY Mellon enhances its Liquidity Direct solution.

November 22, 2010

BNY Mellon launches China ADR index

The index tracks 30 Chinese companies that have primary listings through depositary receipts in the US.

November 14, 2010

BNY Mellon makes key treasury hires in Asia-Pacific

Fred DiCocco receives a promotion, while Agatha Tung-Gerke joins from HSBC to become senior product manager for trade finance.

November 01, 2010