19/12/2014 19:52:10 Free Membership Login

BNY Mellon Extends Custody Banking Relationship with Virginia Retirement System

Date : 11/09/2012 @ 2:38AM
Source : PR Newswire (US)
Stock : Bank of New York Mellon Corp. (The) (BK)
Quote : 41.11  0.0 (0.00%) @ 7:27PM
Bank OF N Y share price Chart

BNY Mellon Extends Custody Banking Relationship with Virginia Retirement System

Bank OF N Y (NYSE:BK)
Historical Stock Chart

3 Years : From Dec 2011 to Dec 2014

Click Here for more Bank OF N Y Charts.
BNY Mellon Extends Custody Banking Relationship with Virginia Retirement System

NEW YORK, Nov. 8, 2012 /PRNewswire/ -- BNY Mellon, the global leader in investment management and investment services, today announced that it has renewed its contract to provide custody banking services to the Virginia Retirement System ("VRS").  The contract extends the current relationship between BNY Mellon and VRS for five years with an option to renew for another five-year period.

BNY Mellon will continue to provide VRS with custody, performance and risk, securities lending and foreign exchange services.  

"BNY Mellon has been a partner with us for many years and we look forward to working with them to continue to provide a variety of custody banking services on terms favorable to our members," said Bob Schultze, VRS Director. 

"We are very pleased to continue our long-standing relationship with the Virginia Retirement System," said Vince Sands, executive vice president and deputy CEO of BNY Mellon Asset Servicing. "We remain committed to providing the Virginia Retirement System with best-in-class custody banking services that are important tools for their investment professionals as they seek to create value for their members."

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, offering superior investment management and investment services through a worldwide client-focused team.  It has $27.9 trillion in assets under custody and administration and $1.4 trillion in assets under management, services $11.6 trillion in outstanding debt and processes global payments averaging $1.4 trillion per day.  BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK).  Additional information is available on www.bnymellon.com or follow us on Twitter@BNYMellon.

SOURCE BNY Mellon

Copyright 2012 PR Newswire



Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE and AMEX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

1 site:2 in 141219 19:52