Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

BNY Has Entered Into A Definitive Agreement To Acquire Archer Holdco, A Technology-Enabled Service Provider Of Managed Account Solutions To The Asset And Wealth Management Industry; Financial Terms Were Not Disclosed

Author: Benzinga Newsdesk | September 05, 2024 08:39am

The acquisition will enhance BNY's capabilities across the entire managed account ecosystem, including manufacturing, distribution and servicing

Archer's fully integrated, cloud-based platform provides asset and wealth managers with a multi-product and multi-channel solution

NEW YORK, Sept. 5, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE:BK), a global financial services company, today announced BNY has entered into a definitive agreement to acquire Archer Holdco, LLC ("Archer"), a leading technology-enabled service provider of managed account solutions to the asset and wealth management industry.

Archer provides asset and wealth managers with comprehensive middle- and back-office solutions to address the managed account needs of institutional, private wealth and retail investors. Through its fully integrated, cloud-based platform, Archer helps its clients to expand distribution, streamline operations, launch new investment products and deliver personalized outcomes to a broader market.

Posted In: BK

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist