Karen Peetz Named Second Most Powerful Woman in Banking; Women's Initiative Network Named a Top Team

NEW YORK, September 23, 2009 — BNY Mellon, the global leader in asset management and securities servicing, announced that it has earned two top honors from U.S. Banker magazine in its 7th annual ranking of the 25 Most Powerful Women in Banking and Financial Services.

The rankings, featured in the magazine's October issue and online at www.US-Banker.com, recognize the professional achievements, personal tenacity and influence of top-performing women in financial services.

For a third consecutive year, Karen Peetz, CEO of BNY Mellon's Financial Markets and Treasury Services division has returned to the list of the 25 Most Powerful Women in Banking, ascending to the No. 2. spot this year. The businesses that make up this sector &151; treasury services, global corporate trust, depositary receipts, shareowner services, broker-dealer clearing, collateral management and alternative investment services — represent more than a third of BNY Mellon's annual revenue. Each of these businesses command a leading global market position and rank among the company's most visible and best performing franchises. Serving clients worldwide, these businesses encompass 10,000 employees located in 76 cities, 40 of which are outside the United States.

According to U.S. Banker, Ms. Peetz distinguished herself in the midst of last year's financial meltdown when one of the divisions she oversees, BNY Mellon's global corporate trust division, was tapped to administer the Troubled Asset Relief Program, vying for the business and beating out 70 other firms in a complex competitive bidding process.

Ms. Peetz joined the company in 1998 with extensive leadership experience in financial services, both in the U.S. and abroad. She managed the landmark 2006 asset swap transaction with J.P. Morgan that more than doubled the size of the company's corporate trust business. Ms. Peetz has also engaged others across the company to develop the next generation of women leaders by building a global Women's Initiatives Network, also known as "WIN."

For its success in promoting the advancement of women in the company, the leaders of WIN have been named one of three Top Teams by U.S. Banker.

To determine rankings for the top teams, the editors considered overall year-to-date financial performance of the company; the percentage of women corporate officers; the total percentage of senior women executives firm wide; the overall financial performance of women-led business units and functional areas; and growth-engine businesses led by women.

BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). BNY Mellon 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 $20.7 trillion in assets under custody and administration, $926 billion in assets under management, services $11.8 trillion in outstanding debt and processes global payments averaging $1.8 trillion per day. Additional information is available at www.bnymellon.com.