Bank of New York Mellon Corp.’s Gerald Hassell, who started as a management trainee 38 years ago and became president in 1998, got the top job with the departure of Chief Executive Officer Robert P. Kelly.
In the ballroom of the Hilton New York -- carpeted for the evening in white Astroturf -- Alvin Ailey dancers strutted onto the dance floor.
Bank of New York Mellon Corp., the world’s largest custody bank, reported a first-quarter profit after a loss a year ago as rising stock markets lifted assets and fees for overseeing them.
Bank of New York Mellon Corp., the world’s largest custody bank, said third-quarter profit unexpectedly rose, helped by a tax court decision.
"We have had valuable discussions with Ed and Trian over the past several months about our progress towards improving our financial performance and capitalizing on the expanding opportunities in the markets we serve."
- Gerald Hassell on Dec 02, 2014