BNY Mellon Names Arnon Goldstein as Head of Sales – APAC
- The Bank of New York (BNY) Mellon Corporation (NYSE: BK) has appointed Arnon Goldstein as its newest Head of Sales & Relationship Management, Treasury Services, for the Asia-Pacific (APAC) region.
The Bank of New York (BNY) Mellon Corporation (NYSE: BK) has appointed Arnon Goldstein as its newest Head of Sales & Relationship Management, Treasury Services, for the Asia-Pacific (APAC) region.
Earlier this week, BNY Mellon reached a point of financial reconciliation with US authorities and private customers, agreeing to pay a total of $714 million for FX-related transgressions.
In his new role as the head of sales at BNY Mellon, Mr. Goldstein will be based out of Singapore, where he will report to Alan Verschoyle-King, Executive Vice President and Global Head of Sales & Relationship Management for BNY Mellon's Treasury Services business. Moreover, he is slated to join the company’s APAC Executive Committee.
According to BNY Mellon’s Asia-Pacific Chairman, Steve Lackey, in a recent statement on the appointment, "Treasury Services serves as the foundation for many of our financial institution and corporate relationships. That's particularly true in Asia, where our strengths in global Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term, trade finance and cash and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term management are important elements in sustaining BNY Mellon's growth momentum in the region.”
“With his extensive industry and regional experience, Arnon is ideally suited to lead our region's Treasury Services group,” he added.
The Bank of New York (BNY) Mellon Corporation (NYSE: BK) has appointed Arnon Goldstein as its newest Head of Sales & Relationship Management, Treasury Services, for the Asia-Pacific (APAC) region.
Earlier this week, BNY Mellon reached a point of financial reconciliation with US authorities and private customers, agreeing to pay a total of $714 million for FX-related transgressions.
In his new role as the head of sales at BNY Mellon, Mr. Goldstein will be based out of Singapore, where he will report to Alan Verschoyle-King, Executive Vice President and Global Head of Sales & Relationship Management for BNY Mellon's Treasury Services business. Moreover, he is slated to join the company’s APAC Executive Committee.
According to BNY Mellon’s Asia-Pacific Chairman, Steve Lackey, in a recent statement on the appointment, "Treasury Services serves as the foundation for many of our financial institution and corporate relationships. That's particularly true in Asia, where our strengths in global Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term, trade finance and cash and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term management are important elements in sustaining BNY Mellon's growth momentum in the region.”
“With his extensive industry and regional experience, Arnon is ideally suited to lead our region's Treasury Services group,” he added.