The Bank of New York Mellon Receives Foreign Exchange Awards from Global Finance Magazine

PRNewswire
NEW YORK
(NYSE:BK)
Dec 3, 2007

NEW YORK, December 3, 2007 — The Bank of New York Mellon has been recognized for the quality of its foreign exchange research, receiving Best Foreign Exchange Research, Best Technical Analysis, and Best Forecasts honors in Global Finance magazine's World's Best Foreign Exchange Banks 2008 awards program. In the "Best Foreign Exchange Bank in the US" country category, The Bank of New York Mellon earned Honorable Mention recognition for the fifth year in a row.

Global Finance selected the best currency trading providers in 82 countries or regions, as well as the best online foreign exchange systems, with input from industry analysts, corporate executives and technology experts. Criteria for choosing winners included transaction volume, market share, scope of global coverage, customer service, competitive pricing and innovative technologies. A complete awards listing will appear in the magazine's January, 2008 issue.

Jorge Rodriguez, managing director and head of global foreign-exchange sales at The Bank of New York Mellon, said, "We doubled the size of our research team this year as part of our ongoing commitment to meeting and surpassing our clients' expectations. We're delighted that our hard work in delivering a top research product is being recognized by both clients and knowledgeable industry practitioners, including the editors of Global Finance."

The Bank of New York Mellon's Global Markets Division encompasses the Bank's foreign exchange, interest-rate and equity risk management businesses, including global trading and sales activities. The Bank is a premier foreign exchange provider, trading in over 100 currency markets around the world. Additional information is available at http://gm.bankofny.com/.

The Bank of New York Mellon Corporation is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. The company is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has more than $20 trillion in assets under custody and administration, more than $1.1 trillion in assets under management and services $11 trillion in outstanding debt. Additional information is available at bnymellon.com.

Foreign exchange and other Global Markets products and services are provided by subsidiaries of The Bank of New York Mellon Corporation.