CEO Robert Kelly

BOSTON/NEW YORK ( Reuters ) - Bank of New York Mellon's <BK.N> Chief Executive Robert Kelly stepped down in a surprise move, because of what the company said was "differences in approach to managing the company." BNY Mellon, one of the largest trust and custody banks, did not elaborate on why Kelly, 57, was stepping down. The bank did say the decision was a mutual agreement with the bank's board. A biography still posted on BNY Mellon's website noted that Kelly "was named one of America 's...Read Full Story

BANGALORE ( Reuters ) - Bank of New York Mellon Corp <BK.N> said Robert Kelly , who has held the company's top job since 2008, has stepped down as chairman and chief executive officer, following differences in approach to managing the company. The company, one of the world's largest custody banks, said it named board member Gerald Hassell as chairman and CEO, effective immediately. Kelly's resignation was by "mutual agreement" with the board, BNY Mellon said in a statement. Kelly, who served...Read Full Story

BNY Mellon CEO vows not to be coerced on forexReuters... in two separate lawsuits seeking more than $2 billion, the Manhattan US attorney and New York attorney general said BNY Mellon had misled clients about the method for determining rates it used fo... BNY Mellon CEO vows not to be coerced on forex – Reuters is a post from: Currency Market News Currency Market News is a post from Forex MansionRead Full Story

Bank of America’s Troubled Asset Relief Program (TARP) repayment may already be paying off in the bank’s search for a new chief , as a Bloomberg source claimed today that Bank of New York Mellon CEO Robert Kelly might be reconsidering the CEO position he declined back in November. Pay Caps Lifted Now that Bank of America has paid off its TARP loans, it is no longer subject to salary restrictions by pay czar Kenneth Feinberg. This was in part the reason why the bank was so anxious to repay...Read Full Story

Aug 31 (Reuters) - Bank of New York Mellon Corp said Robert Kelly, who has held the company’s top job since 2008, has stepped down as chairman and chief executive officer, following differences in approach to managing the company. The company, one of the world’s largest custody banks, said it named board member Gerald Hassell as chairman [...]Read Full Story