NYSE:BKCapital Markets
Is Bank of New York Mellon (BK) Quietly Repositioning Around Advice and Asian Distribution Depth?
Recently, Bank of New York Mellon Corporation appointed former Samsung Asset Management CEO Phillip (Bongkyun) Suh as Korea country manager and Seoul branch manager, succeeding Hyon Joo Park, who will retire in March.
At the same time, BNY’s Pershing unit is preparing an Advisor Match service that links retail investors with RIAs on its platform, highlighting the firm’s push to deepen distribution and advice-focused offerings.
We’ll now examine how Suh’s appointment in Korea could influence...