Global Banking Directory
Press Release Distribution Service
Add Bank | Banking Forum | Scam Alerts!
Earn up to 36% APY on cryptocurrency deposits!
BanksDaily on Twitter BanksDaily on FaceBook BanksDaily on LinkedIn BanksDaily on Instagram

Press Release :: BNY Mellon

Logo BNY MellonBNY Mellon's Treasury Services group received top industry recognition at The Asian Banker's Transaction Banking Awards in Hong Kong. The company was awarded "The Asian Banker Achievement Award for the Best Trade Finance Bank in Asia, 2011".

Every year, The Asian Banker magazine recognises achievements in the key business and operational areas of the banking industry. The Transaction Banking Awards evaluate company's achievements in cash management, payments, and trade finance. The winners for these awards are determined through a combination of surveys, interviews and field research by The Asian Banker's research staff.

"Over the last two years we have focused strongly on expanding our treasury business here in Asia, both through investing in new technology and in growing our footprint across the region," said A. Richard Brown, head of BNY Mellon Treasury Services for Asia-Pacific. "Asia-Pacific remains a very competitive market for bank-to-bank transaction service providers, however BNY Mellon continues to perform strongly and this award from The Asian Banker, underlines how far we have come in such a short space of time."

"Looking to the future, we will continue to build on these strong foundations with the goal of achieving deeper penetration across the full spectrum of treasury and payments products in Asia. We are the only triple-A rated US bank and this, plus our sharp focus on meeting clients' needs and deep understanding of the evolving regulatory landscape, is proving to be a compelling draw for institutions," added Brown.

The Asian Banker is a leading provider of strategic intelligence on the financial services industry, established in 1996.

With locations in 34 countries on six continents and a network of more than 2,000 correspondent financial institutions, BNY Mellon's Treasury Services group delivers high-quality performance in cash management, global payments, trade services, capital markets, foreign exchange and derivatives. It helps clients optimize cash flow, manage liquidity and make payments more efficiently around the world in more than 100 currencies. Processing more than $1.6 trillion in payments transactions on a daily basis, the company is a top-five participant in both the CHIPS and overall funds transfer markets, and is a recognized leader in the delivery of white-label treasury services solutions for banks and other large institutional clients.

Source: BNY Mellon
Date: 16.04.2011
Financial and Banking News
 Why is a white label digital bank the best solution for your business in 2022

In the era of media and technology, everything around us is digitized. After the COVID-19 breakout traditional banking actions were replaced or complemented with fintech services. According to the latest Harris polls and Plaid's survey, it has become paramount for 88% of American consumers' financial lives.

 JPMorgan becomes first major bank in the metaverse, opens lounge in Decentraland

JPMorgan has become the world’s first bank to set up shop in the metaverse. The largest bank in the US has opened a lounge in the blockchain-based world Decentraland.

 5 Tips to Make You Stay On Your Holiday Budget

Budgeting, in general, is a challenging task. We tend to go astray with our budgeting and end up overspending instead. The challenge of budgeting becomes more complicated during the holiday season when sales are everywhere.

 Public-Private Partnership project value exceeds US$223 bn in MENA as delegates gear up to discuss opportunities at the PPP MENA Forum

As many as 242 public-private partnership projects worth US$223 billion (Dh818 billion) are under development in the Middle East and North Africa region, according to recent reports, which is set to go up as project execution picks up with return to normalcy and higher oil price that will fuel economic growth in the Middle East – pushing public-private partnership sector. 07.01.2022 | Source: Great Minds Event Management

 UK bank bans cryptocurrency amid fraud concerns with Binance and Kraken

TSB Banking Group Plc. is set to ban more than 5 million customers from buying cryptocurrencies amid fears over "excessively high" fraud rates on trading platforms, according to a report by the U.K.’s Telegraph newspaper.

 📰 News Archive

2007-2022 © BanksDAILY.com | All Banks in One place