Just heard asset mgmt closing yet more products last week. Why does this keep happening and why does current head of business still there?
9 replies (most recent on top)
Did we just got ZING with the announcement
The customers are complaining big time , about time to dump this stock Mr Buffet !
Read that news article .... typical Wall St.-speak. 'integration', 'solutions' ... blah, blah, blah. Everybody happy prancing and dancing as we provide value added services for our customers.
In the news: https://www.prnewswire.com/news-releases/bny-mellon-and-blackrock-partner-to-deliver-integrated-technology-and-servicing-capabilities-across-the-investment-lifecycle-300823494.html
A sale for this business might be the best thing for many involved.
Soon they will not have anything to manage lol
What difference does it make who buys and when? The writing's on the wall. Be prepared.
Who’s going to buy and when?
Asset Mgmt is going to get sold off !