BNY Mellon Asset Servicing Strengthens International Securities Lending Team

Apr 24, 2008

LONDON, April 24, 2008 — BNY Mellon Asset Servicing has appointed two new securities lending staff in London. Sean Greaves joins as a Product Specialist focused on securities lending sales initiatives, while Clare Bromiley-Carmen joins the client service team.

Greaves joins from Citigroup, where he was Relationship Manager, Securities Finance, with responsibility for a range of European lender relationships, including pension funds, insurance companies, banks and central banks. Prior to that he held roles at BNP Paribas Securities Services in Frankfurt, Chase Manhattan Bank and Morgan Stanley Dean Witter.

Bromiley-Carmen was formerly at Royal Bank of Scotland, where she was Manager, Equity & Stock Lending, with project responsibilities that covered trading, trade support, collateral management (including triparty), client services, settlement and network management. She previously worked for Deutsche Bank and Morgan Stanley amongst others.

Rob Coxon, Head of International Securities Lending at BNY Mellon Asset Servicing, said: "These appointments demonstrate The Bank of New York Mellon's continued ability to attract experienced and talented professionals to our securities lending team. I am pleased to welcome Sean and Clare aboard and have every confidence they will play key roles as we move forward with our ambitious plans to take our business to the next level.

"The merger of Mellon and The Bank of New York has created a leading platform. In bringing together Mellon's equity desk and The Bank of New York's fixed income offering, we now have a truly comprehensive offering and an expansive book of business underpinned by highly automated and innovative technologies, including our I-Bid auction platform."

BNY Mellon Asset Servicing offers clientsworldwide a broadspectrum 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 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 $23 trillion in assets under custody and administration, more than $1.1 trillion in assets under management and services $12 trillion in outstanding debt. Additional information is available at bnymellon.com