BlackRock (BLK) aims to boost its overseas offerings in Japan amid the ongoing corporate governance changes and a push for decarbonization. This move aligns with the company's organic growth strategy.
NEW YORK (Reuters) -The oldest U.S. bank is getting a new name. Bank of New York Mellon is embracing BNY as its new moniker, it announced on Tuesday. Since it was founded 240 years ago by Alexander Hamilton, a U.S. founding father further immortalized in a Broadway musical, BNY has grown to oversee $48.8 trillion in assets, and serves as a bank for other financial institutions, known as a custodian.
Consider investing in BNY Mellon mutual funds like DREVX, MPISX and DLDRX for stable returns.