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The loan is for the Butler Brothers Building, a 1910 landmark in downtown Dallas, which will be converted into a mixed-use project with apartments and commercial space with financing from CleanFund Commercial PACE Capital.
BNY Mellon is rescheduling its Investor Day, originally set for November 16, 2017, to late Winter or early Spring of 2018. The company will confirm a new date soon.
Charles W. Scharf has been appointed Chief Executive Officer and a Director of the company, effective immediately, and will become Chairman of the Board of Directors effective January 1, 2018. Gerald L. Hassell will continue to serve as Chairman of the Board through December 31, 2017, working closely with Mr. Scharf to ensure a seamless transition of responsibilities.