NEW YORK, September 9, 2010 — For the second consecutive year, BNY Mellon, the global leader in asset management and securities servicing, has been named as the safest U.S.-based bank by Global Finance magazine in its annual ranking of the 'World's 50 Safest Banks.'

The 'World's 50 Safest Banks' 2010 were selected through a comparison of the long-term credit ratings and total assets of the 500 largest banks around the world. Ratings from Moody's, Standard & Poor's and Fitch were used. Global Finance has published its 'World's Safest Banks' listing for 19 years, and the ranking has become a recognized and trusted standard of creditworthiness in the financial world.

"One of the enduring lessons from the financial crisis is how important financial strength is to our clients around the world," said Robert P. Kelly, chairman and chief executive officer of BNY Mellon. "We've taken that lesson to heart, maintaining a relentless focus on the strength of our credit ratings and balance sheet as we expand our global reach and enhance our product and service offerings."

"Banks that have strengthened their liquidity positions and the quality and quantity of their capital are recognized in these rankings," said Global Finance publisher Joseph D. Giarraputo. "More than ever, customers around the world are viewing long-term creditworthiness as the key feature of banks with which they do business. In trying times, the winning banks were all noteworthy in their dedication to satisfying their customers' needs."

BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 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 $21.8 trillion in assets under custody and administration and $1.0 trillion in assets under management, services $11.6 trillion in outstanding debt and processes global payments averaging $1.5 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE:BK). Additional information is available at www.bnymellon.com.