Growing presence in Asia leads to expanded sales force

HONG KONG, January 26, 2010 — BNY Mellon, the global leader in asset management and securities servicing, announced that David Brown has joined BNY Mellon as Vice President for Broker-Dealer Global Sales. Brown will lead business development and expansion of the firm's global collateral management and securities clearance business in the Asia-Pacific region. He is based in Hong Kong and reports to Dominick Falco, Managing Director, Broker-Dealer Services for Asia,

"David brings considerable experience and contacts within the broker dealer community across Asia," said Andrew Gordon, Executive Vice President for Broker-Dealer and Alternative Investment Services, BNY Mellon Hong Kong Branch. "Demand for more efficient, risk-adverse and sophisticated collateral management and securities settlement is growing rapidly across both the developed and aspiring markets in the region. David's appointment is another example of the investment we are making to ensure that we set new standards for broker-dealer servicing in Asia – especially from an operational efficiency and risk perspective."

Brown comes to BNY Mellon from JP Morgan Chase, where he was a Vice President. In this role he was responsible for managing and developing existing JPM clients for the Derivatives Collateral Management agency service. Prior to working at JP Morgan Chase, David was the Vice President of Sales at Lombard Risk Systems, in London.

BNY Mellon is a leading provider of tri-party collateral management services, servicing more than $1.5 trillion in tri-party balances worldwide, and is a leader in global clearance, clearing over 60% of U.S. Government Securities.

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 $22.3 trillion in assets under custody and administration, $1.1 trillion in assets under management, services $12 trillion in outstanding debt and processes global payments averaging $1.6 trillion per day. Additional information is available at www.bnymellon.com