Bloomberg the Company

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

BNY Mellon Discloses U.K. Probe Into Protection of Assets

Don't Miss Out —
Follow us on:

Aug. 11 (Bloomberg) -- Bank of New York Mellon Corp., the world’s largest custody bank, said today that the U.K. Financial Conduct Authority is investigating the protections the bank has in place for safeguarding client interests.

BNY Mellon made the disclosure in a regulatory filing. Kevin Heine, a spokesman for the bank, declined to comment beyond the filing. BNY Mellon declined 0.2 percent to $38.44 at 2:35 p.m. in New York trading.

To contact the reporter on this story: Charles Stein in Boston at cstein4@bloomberg.net

To contact the editors responsible for this story: Christian Baumgaertel at cbaumgaertel@bloomberg.net Josh Friedman, Mary Romano

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.