PR Newswire
LONDON
(NYSE:BK)
Aug 22, 2007
LONDON, August 22, 2007 — BNY Mellon Asset Servicing, the global leader in asset servicing, has been appointed by EBS Building Society to provide custody services for its global portfolio valued at
Damien Lee, Treasury Department at EBS, said: "We appointed BNY Mellon Asset Servicing because they have demonstrated a clear understanding of our needs, and have proven experience in meeting and servicing the complex requirements of institutions such as ours. Equally importantly, they have shown their ability to develop solutions for us as we grow in sophistication and complexity. We look forward to a strong working relationship with them, and to partnering with an organisation with a reputation for service excellence."
Nadine Chakar, executive vice president at BNY Mellon Asset Servicing, said: "Winning this significant global mandate underlines our desire to work hand-in-hand with leading institutions around Europe. We are pleased to have been selected by EBS and look forward to helping them with their investor services needs in the years ahead delivering solutions now and in the future."
BNY Mellon Asset Servicing offers clients worldwide a broad spectrum of specialised asset servicing capabilities, including custody and fund services, securities lending, performance and analytics, and execution services. BNY Mellon Asset Servicing provides services through The Bank of New York, Mellon Bank, N.A. and other related companies.
The Bank of New York Mellon Corporation is a global financial services company focused on helping clients manage and move their financial assets, operating in 37 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 and treasury services through a worldwide client-focused team. It has more than