Hints and tips:
...Gerard Cassidy, at RBC Capital Markets, said he thought that chief financial officer Todd Gibbons or a head of one of the bank’s business lines “could have replaced Mr Hassell”....
...He will be replacing 65-year-old Gerald Hassell, who is retiring but will continue to serve as chairman of the board until the end of the year....
...On a call with analysts on Thursday, chairman and chief executive Gerald Hassell said he was “very, very pleased” with the outcome....
...Trian Partners, meanwhile, has been “a positive contributor” since taking a seat on BNY’s board just over a year ago, according to Todd Gibbons, the bank’s chief financial officer....
...The chairman and chief executive of BNY Mellon, Gerald Hassell, since he’s a more than 40-year veteran of the firm....
...Todd Gibbons, chief financial officer, noted that pre-tax operating margins in the core investment services division rose to 31 per cent, up 221 basis points from the previous quarter and by 387 bps since...
...“Everyone seems open to new perspectives and constructive debate,” says Ed Garden, chief investment officer of Trian and the new BNY Mellon director....
...Todd Gibbons, chief financial officer, said the company “froze our defined benefit plan in the US”, sold 750,000 sq ft of property in New York and stopped sending so much mail as part of an effort to control...
...“The management team is focused on actively realigning the business model for the new regulatory environment, controlling expenses and generating strong returns on tangible common equity,” Gerald Hassell...
...“We remain focused on controlling expenses,” Gerald Hassell, chief executive, said in a statement....
...Todd Gibbons, chief financial officer, told the Financial Times that some money market funds had requested BNY Mellon change their tri-party repo agreements to specifically exclude those Treasuries deemed...
...But that is only a possibility,” said Mary Hassell, the coroner....
...On Tuesday, Harvey Schwartz, chief financial officer of Goldman Sachs, repeatedly declined to give a leverage ratio estimate. The bank is waiting to see what the final rule looks like, he said....
...“We clearly benefited from new business coming on board and improved market values,” Gerald Hassell, chairman and chief executive, said on a conference call with analysts....
...“We have not seen any attrition over the FX matter,” said chairman and chief executive Gerald Hassell, who took over from Robert Kelly on August 31....
...Gerald Hassell, president of BNY Mellon, said this was a “logical extension of our business model as the leading securities servicing provider in the world”....
...“The timing of this strategic investment reinforces the strength of our clearing house model,” said Bob Greifeld, chief executive officer of Nasdaq OMX....
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