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BNY Mellon Says It Priced Funds Through Friday After Failure

By Tony Seruga

Bank of New York Mellon Corp., which has been plagued for the past week with computer problems that prevented it from providing prices for mutual funds and exchange-traded funds, said a new version of the technology has provided values for both through Friday.

Net asset values for Monday should be available by the end of the day or early Tuesday, BNY Mellon Chief Executive Officer Gerald Hassell said on a client conference call Sunday. The NAV is the rough equivalent of a fund’s share price…

BNY Mellon Says It Priced Funds Through Friday After Failure

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