BNY Mellon

Nov 14, 2023 | bnymellon.com | Katy Burne

While there are risk-reducing benefits to expanding Central Clearing for U.S. Treasurys, experts say that implementing a broader mandate will not be easy and could cause new problems at a time when the market is in a fragile state. A new central clearing rule looks set to shake the foundations of the $27 trillion Treasury market at one of the most challenging times for the U.S. government and investors.

Jul 20, 2023 | bnymellon.com | Jennifer Lynde Barker

As a pioneer in banking for nearly 240 years, it has always been our bank’s priority to extend to clients the reach and capabilities that can be realized through financial services innovation. In our view, the goal of providing individuals and businesses of varying sizes across the United States with instant payment settlement (24x7x365) into their bank accounts is mission critical and in alignment with the direction of the future of the global financial markets.