BNY Mellon

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution

Retrieved on: 
Tuesday, April 2, 2024
Professional Services, Finance, Bank, BNY Mellon Investment Management, Newsroom, Fund, DMB, BK, Policy, BNY Mellon, NAV, BNY, Security (finance)

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0300 per share of common stock, payable on May 1, 2024 to shareholders of record at the close of business on April 17, 2024.

Key Points: 
  • BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0300 per share of common stock, payable on May 1, 2024 to shareholders of record at the close of business on April 17, 2024.
  • BNY Mellon Investment Management is one of the world’s largest asset managers, with $2.0 trillion in assets under management as of December 31, 2023.
  • Through a client-first approach, BNY Mellon Investment Management brings investors specialist expertise through its seven investment firms offering solutions across every major asset class and backed by the breadth and scale of BNY Mellon.
  • BNY Mellon Investment Management is a division of BNY Mellon, which has $47.8 trillion in assets under custody and/or administration as of December 31, 2023.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. Declares Monthly Distribution

Retrieved on: 
Wednesday, March 27, 2024
Asset Management, Professional Services, Finance, Bank, BNY Mellon Investment Management, Policy, DCF, Newsroom, BNY Mellon, Fund, BK, Security (finance)

On March 27, 2024, BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF) declared a distribution of $0.035 per share of common stock, payable on April 25, 2024, to shareholders of record at the close of business on April 11, 2024.

Key Points: 
  • On March 27, 2024, BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF) declared a distribution of $0.035 per share of common stock, payable on April 25, 2024, to shareholders of record at the close of business on April 11, 2024.
  • The Fund intends to pay most, but likely not all, of its net income to common shareholders in monthly income dividends.
  • BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.
  • BNY Mellon Investment Management is a division of BNY Mellon, which has $47.8 trillion in assets under custody and/or administration as of December 31, 2023.

BNY Mellon Municipal Bond Closed-End Funds Declare Distributions

Retrieved on: 
Wednesday, March 27, 2024
Professional Services, Other Professional Services, Data Analytics, Finance, Asset Management, Consulting, Banking, Bank, BNY Mellon Investment Management, Fund, Newsroom, BK, BNY Mellon, NAV, BNY, Security (finance)

Through a client-first approach, BNY Mellon Investment Management brings investors specialist expertise through its seven investment firms offering solutions across every major asset class and backed by the breadth and scale of BNY Mellon.

Key Points: 
  • Through a client-first approach, BNY Mellon Investment Management brings investors specialist expertise through its seven investment firms offering solutions across every major asset class and backed by the breadth and scale of BNY Mellon.
  • Additional information on BNY Mellon Investment Management is available on www.bnymellonim.com .
  • BNY Mellon Investment Management is a division of BNY Mellon, which has $47.8 trillion in assets under custody and/or administration as of December 31, 2023.
  • BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK).

BNY Mellon High Yield Strategies Fund Declares Dividend

Retrieved on: 
Tuesday, March 26, 2024
Banking, Asset Management, Professional Services, Finance, Bank, BNY Mellon Investment Management, Trustee, Fund, DHF, BK, Newsroom, BNY Mellon, Security (finance)

BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.

Key Points: 
  • BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.
  • BNY Mellon Investment Management is one of the world’s largest asset managers, with $2.0 trillion in assets under management as of December 31, 2023.
  • Through a client-first approach, BNY Mellon Investment Management brings investors specialist expertise through its seven investment firms offering solutions across every major asset class and backed by the breadth and scale of BNY Mellon.
  • BNY Mellon Investment Management is a division of BNY Mellon, which has $47.8 trillion in assets under custody and/or administration as of December 31, 2023.

BlackRock Launches Its First Tokenized Fund, BUIDL, on the Ethereum Network

Retrieved on: 
Wednesday, March 20, 2024
Technology, Finance, Fintech, Consulting, Banking, Accounting, Professional Services, Digital Cash Management, Digital Assets, Blockchain, Cryptocurrency, PwC, Digital asset, Bank, BlackRock, LLP, News, BitGo, BNY Mellon, Ecosystem, Fund

BlackRock today unveils its first tokenized fund issued on a public blockchain, the BlackRock USD Institutional Digital Liquidity Fund (“BUIDL” or the “Fund”).

Key Points: 
  • BlackRock today unveils its first tokenized fund issued on a public blockchain, the BlackRock USD Institutional Digital Liquidity Fund (“BUIDL” or the “Fund”).
  • BUIDL will provide qualified investors with the opportunity to earn U.S. dollar yields by subscribing to the Fund through Securitize Markets, LLC.
  • “This is the latest progression of our digital assets strategy,” said Robert Mitchnick, BlackRock’s Head of Digital Assets.
  • Securitize will act as a transfer agent and tokenization platform, managing the tokenized shares and reporting on Fund subscriptions, redemptions, and distributions.

HELP USA’s $129 Million Investment in East New York Opens with 255 Affordable and Supportive Apartments Featuring 154 Units Reserved for Formerly Homeless Adults and Young Families

Retrieved on: 
Thursday, March 14, 2024
Professional Services, Family, Philanthropy, Consumer, Social Services, State, Local, Residential Building & Real Estate, Construction & Property, Fund Raising, Foundation, Urban Planning, Public Policy, Government, Mental Hygiene, Homelessness, Congress, Development, Case management, Partnership, Bank, City, Mental health, Chris Banks, HELP, Carbon, Housing, New York City Council, New Yorker, Multimedia, BNY Mellon, Economic development, Renewable energy

The $129 million development reflects New York City’s and New York State’s commitment to expanding access to safe, affordable housing, especially for the most vulnerable New Yorkers.

Key Points: 
  • The $129 million development reflects New York City’s and New York State’s commitment to expanding access to safe, affordable housing, especially for the most vulnerable New Yorkers.
  • (Photo: Business Wire)
    NYC Council Member, District 42, Chris Banks said, “HELP USA's commitment to East New York shines brightly with a significant $129 million investment, marking the inauguration of 255 new apartments.
  • Among these residences, 154 units have been thoughtfully earmarked to provide essential housing for formerly homeless adults and young families with children.
  • HELP ONE continues HELP USA’s nearly 40-year commitment to East New York and to combat homelessness across the nation.

Diversity Research Institute to Honor Diversity First Top Companies for Diversity and their CEOs at the 20th Annual National Diversity & Leadership Conference in Dallas, TX

Retrieved on: 
Wednesday, March 13, 2024
Professional Services, Business, Human Resources, DEI (Diversity, Equity and Inclusion), Xerox, Kraft Heinz, Microsoft, Bath & Body Works, Hewlett-Packard, Rocket Mortgage, Intel, EBay, Kimberly-Clark, Bath, Conference, PG&E, The Walt Disney Company, Organization, TIAA, AES Corporation, Procter, Coca-Cola, Procter & Gamble, Uber, Health, Gilead Sciences, Edison International, Bank, Diversity, Bristol Myers Squibb, Shantanu Narayen, Avis Budget Group, Science, Rite Aid, CVS Health, Ulta Beauty, Verizon Communications, Conagra Brands, UPS, Science Applications International Corporation, BNY Mellon, DRI, Vertex Pharmaceuticals, Otis Worldwide, Omnicom Group, CDW, DEI

The companies to be honored were selected from the U.S. Fortune 500 Governance Report (2023) published by Diversity First and DRI last year.

Key Points: 
  • The companies to be honored were selected from the U.S. Fortune 500 Governance Report (2023) published by Diversity First and DRI last year.
  • The report evaluates the executive and board demographics of U.S. Fortune 500 companies.
  • It assesses racial/ethnic and gender demographics of each company according to 2019 U.S. Census Data, providing each company with a score and a ranking.
  • The DRI, in affiliation with Diversity First, lists the companies with the highest scores as Diversity First Top 50 Companies.

The Canton Network Completes the Most Comprehensive Blockchain Pilot to Date for Tokenized Real World Assets

Retrieved on: 
Tuesday, March 12, 2024
Online Privacy, Technology, Finance, Fintech, Banking, Professional Services, Digital Cash Management, Digital Assets, Blockchain, Asset Management, Microsoft, Commerzbank, Visa, Entrepreneurship, Goldman Sachs, Broadridge Financial Solutions, Pirum, Risk, DRW, IEX, Wellington Management Company, EquiLend, Cboe Global Markets, DTCC, Harvest Fund Management, Standard Chartered, BNP Paribas, BNY Mellon, Privacy, State Street, Digital asset, Cryptocurrency

It also demonstrated the potential benefits of using such a network to reduce counterparty and settlement risk, optimize capital, and enable intraday margin cycles.

Key Points: 
  • It also demonstrated the potential benefits of using such a network to reduce counterparty and settlement risk, optimize capital, and enable intraday margin cycles.
  • The pilot showed the potential of the Canton Network to reduce costs, risks, and inefficiencies, while striving to meet regulatory requirements for the issuance, transfer, and settlement of tokenized traditional assets.
  • “The pilot program marks an important milestone for the Canton Network,” said Yuval Rooz, CEO and Co-Founder of Digital Asset.
  • Digital Asset provided the technology and guidance to support the pilot and is one of the technology and infrastructure providers for the Canton Network.

MetLife Announces Full Redemption of 5.375% Senior Notes Due 2024

Retrieved on: 
Tuesday, March 12, 2024
Professional Services, Insurance, Finance, Bank, MetLife, MET, Note, Debt-to-GDP ratio, Treasury, BNY Mellon, Clearstream, Security (finance)

MetLife, Inc. (NYSE: MET) today announced that it will redeem all of its outstanding 5.375% Senior Notes due December 9, 2024 (the "Notes"), pursuant to the terms of the Notes.

Key Points: 
  • MetLife, Inc. (NYSE: MET) today announced that it will redeem all of its outstanding 5.375% Senior Notes due December 9, 2024 (the "Notes"), pursuant to the terms of the Notes.
  • The full £350 million outstanding principal amount of the Notes will be redeemed on April 11, 2024 (the “Redemption Date”).
  • On and after the Redemption Date, all interest on the Notes will cease to accrue.
  • The Notes are held through Clearstream Banking, S.A. (“Clearstream”) and Euroclear Bank SA/NV (“Euroclear”) and will be redeemed in accordance with the procedures of Euroclear and Clearstream.

Indianapolis Team Leaves Stifel to Create M&K Legacy Wealth – a Registered Investment Advisor

Retrieved on: 
Monday, March 11, 2024
Finance, Consulting, Banking, Professional Services, Asset Management, Partner (business rank), BNY Mellon, Safety

M&K Legacy Wealth is proud to announce that it has officially launched as an independent registered investment advisory firm.

Key Points: 
  • M&K Legacy Wealth is proud to announce that it has officially launched as an independent registered investment advisory firm.
  • Headquartered in Indianapolis, Indiana, M&K is an independent firm committed to helping families simplify, grow and protect their wealth so they can enjoy life today and build a legacy for future generations.
  • To do so, the firm provides objective investment advice, tailored financial planning, and a full spectrum of wealth management services and solutions.
  • Sanctuary is an industry-leading platform for independent advisors that offers access to an array of infrastructure support, investment vehicles, and unique opportunities.