BNY Mellon profit plunges in Q4 2020
BNY Mellon has reported a 50% slump in net income and a 20% decrease in total revenue in Q4 2020.…
BlackRock files documents to add Bitcoin Futures to two funds
US-based asset manager BlackRock has filed prospectus documents with Securities and Exchange Commission (SEC) to add Bitcoin futures as eligible investments for two funds. The move reveals the investment giant’s…
21 Jan 2021
Morgan Stanley profit surges in Q4 2020 on trading boost
Morgan Stanley has reported a 51% jump in net income in Q4 2020, driven by robust investment banking and wealth management performance. Key metrics The investment bank’s net income for the…
21 Jan 2021
Janus Henderson taps BNY Mellon for global data management platform
British fund manager Janus Henderson has selected BNY Mellon’s global data management platform in a bid to create a unified data store. The decision to adopt the BNY platform, which…
20 Jan 2021
State Street Q4 2020 profit dips in challenging market
US-based asset manager State Street has reported a fall in both net income and revenue in Q4 2020, amid a low rate environment. On the bright side, the firm reported…
20 Jan 2021
20 Jan 2021
additiv launches Wealth Solution Builder
SaaS provider additiv has launched its Wealth Solution Builder, a new platform enabling banks and financial institutions to create their own solutions. Wealth Solution Builder allows financial institutions to build…
20 Jan 2021
Net income falls slightly for Charles Schwab in 2020
The 2020 results for Charles Schwab are out and it reported net income of $3.3bn for the year, an 11% drop from the $3.7bn in 2019. For Q4 2020, net…
19 Jan 2021