The Bank of New York Mellon (NYSE:BK) has launched The Bank of New York Mellon GDR IndexSM and 30 global depositary receipt (GDR) subindices. The Bank of New York Mellon GDR Index comprises all GDRs traded on the London Stock Exchange. The new subindices include one market, six regional and 23 country GDR indices. The Bank of New York Mellon's GDR indices serve as benchmarking tools for investors and intermediaries to track the GDR market and to benchmark specific GDR holdings.
The company also has launched a broader composite index, The Bank of New York Mellon DR IndexSM, which combines The Bank of New York Mellon GDR Index and The Bank of New York Mellon ADR Index(R). Accordingly, The Bank of New York Mellon DR Index includes all American depositary receipts (ADRs) listed on the New York Stock Exchange (NYSE), the American Stock Exchange (AMEX) and NASDAQ, as well as all GDRs that trade on the London Stock Exchange.
Also launched were one market, four regional and eight country subindices of The Bank of New York Mellon DR Index. The 14 new DR indices join the bank's established DR indices -- The Bank of New York Mellon Russia Select DR Index, The Bank of New York Mellon Frontier Select DR Index, and The Bank of New York Mellon New Frontier DR Index.
"With investor appetite for international investing and diversification on the rise, we are pleased to introduce the world's most comprehensive suite of GDR indices," said Michael Cole-Fontayn, chief executive officer of The Bank of New York Mellon's Depositary Receipt Division. "These indices bring GDR investors a refined tool for effectively assessing their holdings and serve as a complementary addition to our ADR index family."
These new GDR and DR index families complement The Bank of New York Mellon's well-established ADR index family, which includes The Bank of New York Mellon ADR Index and 56 ADR subindices. The Bank of New York Mellon ADR Index is celebrating its 10-year anniversary.
The Bank of New York Mellon GDR Index, The Bank of New York DR Index and their subindices are capitalization-weighted and calculated on a continuous basis throughout the trading day. They are adjusted for free-float using Dow Jones' methodology. The Bank of New York Mellon GDR Index is accessible on Reuters and Bloomberg at "BKGDR" and on Reuters Station at "&BGDR." The Bank of New York Mellon DR Index is accessible on Reuters and Bloomberg at "BKDRX" and on Reuters Station at "&BDRX." The bank's GDR and DR index families are accessible at bnymellondrindex.com and through the bank's DR website bnymellon.com/dr. The bank's ADR indices are accessible at adrindex.com.
The Bank of New York Mellon acts as depositary for more than 1,300 sponsored American and global depositary receipt programs, acting in partnership with leading companies from 64 countries. With an unrivaled commitment to helping securities issuers succeed in the world's rapidly evolving financial markets, the Company delivers the industry's most comprehensive suite of integrated depositary receipt, corporate trust and stock transfer services. Additional information is available at bnymellon.com/dr.
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 $22.4 trillion in assets under custody and administration, approximately $1.1 trillion in assets under management and services approximately $12 trillion in outstanding debt. Additional information is available at www.bnymellon.com.
Showing posts with label BoNY Mellon. Show all posts
Showing posts with label BoNY Mellon. Show all posts
Monday, 27 October 2008
Thursday, 16 October 2008
BoNY Mellon Q3 Results
The Bank of New York Mellon Corporation (NYSE:BK) today reported income from continuing operations of $305 million, or $0.26 per share, in the third quarter of 2008. This compares to income from continuing operations of $642 million, or $0.56 per share, in the third quarter of 2007 and $302 million, or $0.26 per share, in the second quarter of 2008.
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Monday, 13 October 2008
BoNY Mellon Asian Appointment
The Bank of New York Mellon, the global leader in asset management and securities servicing, has appointed Lee B. Stephens to the position of Chief Administrative Officer for the Asia Pacific region. Stephens will report to Chris Sturdy, Chairman of Asia Pacific.
Stephens joined The Bank of New York Mellon in 1990 and was most recently a member of the Global Client Management team where, as Executive Vice President and Head of Public Sector Banking, he spearheaded the company's efforts in the U.S., covering key supranational, government, municipal, endowment & foundation and other public tax-exempt enterprises.
I
n his new role, Stephens will help drive the development and build-out of the region's infrastructure to support the company's governance and growth initiatives across Asia Pacific.
"As Asia's dynamic, high-growth markets continue to develop and offer new and growing business opportunities, we have looked to enhance our management platform," said Chris Sturdy, Chairman of Asia Pacific, The Bank of New York Mellon. "Lee has an excellent reputation for diligence and a proven ability to coordinate across business lines and shared services. As we plan to accelerate our business further in Asia, he will be a valuable addition to our capabilities - both for the company and for our clients."
Stephens joined The Bank of New York Mellon in 1990 and was most recently a member of the Global Client Management team where, as Executive Vice President and Head of Public Sector Banking, he spearheaded the company's efforts in the U.S., covering key supranational, government, municipal, endowment & foundation and other public tax-exempt enterprises.
I
n his new role, Stephens will help drive the development and build-out of the region's infrastructure to support the company's governance and growth initiatives across Asia Pacific.
"As Asia's dynamic, high-growth markets continue to develop and offer new and growing business opportunities, we have looked to enhance our management platform," said Chris Sturdy, Chairman of Asia Pacific, The Bank of New York Mellon. "Lee has an excellent reputation for diligence and a proven ability to coordinate across business lines and shared services. As we plan to accelerate our business further in Asia, he will be a valuable addition to our capabilities - both for the company and for our clients."
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Thursday, 9 October 2008
Bank of New York Mellon Treasury ceo
The Bank of New York Mellon (NYSE:BK) today announced the appointment of Eric Kamback as chief executive officer of its Treasury Services group. Previously deputy head of Treasury Services, Kamback assumes responsibility for the company's global payments, trade services and cash management businesses, succeeding Robert W. Stasik, who is retiring after 35 years of distinguished service to pursue other opportunities.
Kamback joined The Bank of New York Mellon in 1980, and has had a significant role in the growth of a broad range of The Bank of New York Mellon businesses, including mutual funds, asset servicing, corporate trust, and shareowner services. In recent years he has focused on the development of technology-driven products and services, notably in the areas of global mass payments, global remittances and image-based deposit products, and increasing the global presence of the Treasury Services group, significantly expanding its client base in Europe, Asia and the Middle East, as well as the Americas.
A frequent speaker at international conferences and a featured participant at industry roundtables around the world, Kamback has fostered a business-wide focus on industry leadership and participation, facilitating Treasury Services group involvement in a number of domestic and global industry organizations.
Kamback joined The Bank of New York Mellon in 1980, and has had a significant role in the growth of a broad range of The Bank of New York Mellon businesses, including mutual funds, asset servicing, corporate trust, and shareowner services. In recent years he has focused on the development of technology-driven products and services, notably in the areas of global mass payments, global remittances and image-based deposit products, and increasing the global presence of the Treasury Services group, significantly expanding its client base in Europe, Asia and the Middle East, as well as the Americas.
A frequent speaker at international conferences and a featured participant at industry roundtables around the world, Kamback has fostered a business-wide focus on industry leadership and participation, facilitating Treasury Services group involvement in a number of domestic and global industry organizations.
Thursday, 11 September 2008
New Trading Terms
ASG Software Solutions
rovider of integrated solutions for enterprise archiving and records management
Bank of New York Mellon
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.
BCG
Boston Consulting Group
BNY ConverEx Group
provides global institutional agency brokerage and investment technology solutions to institutional clients worldwide.
Boston Consulting Grou
Global management consulting firm and advisor on business strategy. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our customized approach combines deep insight into the dynamics of companies and markets with close collaboration at all levels of the client organization.
CapitalSource
Commercial lender offering focused lending products serving clients in the middle market
Highline Financial
Provider of web-based banking data and software
OIC
Optionss Industry Council
Options Industry Council
An industry cooperative funded by the American Stock Exchange, Boston Options Exchange, Chicago Board Options Exchange, International Securities Exchange, NASDAQ Options Market, NASDAQ OMX PHLX, NYSE Arca, and The Options Clearing Corporation.
Radar Logic
A real estate data and analytics company, calculates and publishes the Radar Logic Daily™ Prices. The prices track housing values for major U.S. metropolitan areas and are the basis of the Residential Property Index™ (RPX™), a market that enables real estate to be traded as a liquid asset, via property derivatives marketed by major financial institutions.
Satyam Computer Services
Consulting and information technology services .
rovider of integrated solutions for enterprise archiving and records management
Bank of New York Mellon
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.
BCG
Boston Consulting Group
BNY ConverEx Group
provides global institutional agency brokerage and investment technology solutions to institutional clients worldwide.
Boston Consulting Grou
Global management consulting firm and advisor on business strategy. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our customized approach combines deep insight into the dynamics of companies and markets with close collaboration at all levels of the client organization.
CapitalSource
Commercial lender offering focused lending products serving clients in the middle market
Highline Financial
Provider of web-based banking data and software
OIC
Optionss Industry Council
Options Industry Council
An industry cooperative funded by the American Stock Exchange, Boston Options Exchange, Chicago Board Options Exchange, International Securities Exchange, NASDAQ Options Market, NASDAQ OMX PHLX, NYSE Arca, and The Options Clearing Corporation.
Radar Logic
A real estate data and analytics company, calculates and publishes the Radar Logic Daily™ Prices. The prices track housing values for major U.S. metropolitan areas and are the basis of the Residential Property Index™ (RPX™), a market that enables real estate to be traded as a liquid asset, via property derivatives marketed by major financial institutions.
Satyam Computer Services
Consulting and information technology services .
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