BNY Mellon has acquired the wealth management business of Chicago-based Talon Asset Management. BNY made the deal in order to continue its expansion plans, as Talon has $800 million in assets under management.
"BNY Mellon Wealth Management had targeted Chicago as part of its national and global expansion strategy. This transaction marks a significant step in the company's growth in the region and will enable us to offer a whole new level of service to wealthy Chicago investors," says BNY Mellon
While at Sibos Toronto, James shares some interviews covering topics on blockchain, fintechs and cybersecurity.Subscribe to Weekly Wrap emails