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.
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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, trade finance and cash and liquidity 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.