Client service a principal focus for integrated broker-dealer capabilities

NEW YORK, October 26, 2009 — BNY Mellon today announced the integration of broker-dealer services provided by BNY Mellon Capital Markets and BNY Mellon Shareowners, with BNY Mellon Capital Markets managing the integrated operation.

The integrated operation includes all existing BNY Mellon Securities and BNY Mellon Capital Markets locations, and will remain active in all market segments currently served by the two businesses.

"The strengths of BNY Mellon Securities and BNY Mellon Capital Markets in the equity and fixed income markets are a perfect complement," said Gary Strumeyer, President of BNY Mellon Capital Markets. "Enabling us to provide more coverage, the integration takes our full-service, 'one-stop' approach to client support to a new level and extends our growing position in the broker-dealer sector."

A full-service securities broker-dealer subsidiary of BNY Mellon specializing in underwriting and sales and trading services, BNY Mellon Capital Markets, LLC (member FINRA, SIPC) is the partner of choice for institutional and high-net-worth investors seeking efficient execution, industry expertise with timely and relevant marketing commentary, and a collaborative relationship. Providing services tailored to large public and private corporations and various governmental and not-for-profit entities, BNY Mellon Capital Markets has been in operation for 25 years and serves more than 5,000 clients from offices in New York, New Jersey and Pennsylvania.

BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. 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. BNY Mellon 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 $22.1 trillion in assets under custody and administration and $966 billion in assets under management, services $11.9 trillion in outstanding debt and processes global payments averaging $1.6 trillion per day. Additional information is available at www.bnymellon.com.