BNY Mellon strengthens Global Collateral Services team with new appointment in Germany

BNY Mellon strengthens Global Collateral Services team with new appointment in
                                   Germany

PR Newswire

LONDON, Aug. 20, 2013

LONDON, Aug. 20, 2013 /PRNewswire/ --BNY Mellon, the global leader in
investment management and investment services, has hired Gesa Benda as Global
Collateral Services product segment manager for clearing houses, based in
Frankfurt.

Benda will manage key clearing house relationships and drive the development
of BNY Mellon's GCS business in Europe. She will report to Staffan Ahlner,
managing director, Global Collateral Services.

Benda has over 20 years industry experience and joins from Eurex, Europe's
largest central counterparty clearing house (CCP), where she was head of
derivatives clearing business development. At Eurex she was responsible for
establishing the CCP's cash equity clearing and implementation of client asset
protection and collateral management strategy. Gesa has also previously held
roles at KPMG and Deutsche Bank.

Staffan Ahlner, managing director, Global Collateral Services at BNY Mellon,
said: "Gesa's appointment underlines our commitment to continuing to build our
Global Collateral Services business and grow its footprint in the EMEA region.
Gesa brings with her a wealth of knowledge and a proven ability to manage key
relationships and drive growth, which will be invaluable as we execute our
global business strategies. We want GCS to be the first port of call for all
of our client's collateral needs through an approach that is at once global in
scope and tailored to their specific regional requirements. Gesa's notable
experience will greatly contribute to our success in meeting that goal."

Notes to editors:

Global Collateral Services offers a comprehensive suite of capabilities to
help our clients address their collateral, liquidity and securities financing
needs. As they face evolving global regulations and rapidly changing market
requirements, clients can leverage BNY Mellon's products and services to
better manage counterparty and market risk in their collateral transactions,
engage in more investment opportunities to help maximize their investment
returns and access new financing alternatives.BNY Mellon currently services
$2 trillion in global collateral (including tri-party repo collateral
worldwide) and approximately $100 billion in assets through its Liquidity
DIRECT ^ SM investment portal, and operates one of the industry's largest
securities lending programs, with $3 trillion in lendable assets.

BNY Mellon has been serving clients in Germany since 1931. The company opened
its first office in Frankfurt in 1972. Following its acquisitions of BHF Asset
Servicing and Frankfurter Service KAG in 2010 and Meriten Investment
Management in 2012, the company now has nearly 600 employees in Germany. In
addition to asset servicing, depotbanking, fund administration and asset
management, BNY Mellon is active in Germany in the areas of corporate trust,
treasury services, collateral management, depository receipts and client
management. It has over 200 institutional relationships in Germany, including
more than 20 DAX-listed corporations, and offers regional coverage for 14
countries in the German speaking and Central Eastern and South Eastern
European region. For more information, see www.bnymellon.de.

BNY Mellon is a global investments company dedicated to helping its clients
manage and service their financial assets throughout the investment lifecycle.
Whether providing financial services for institutions, corporations or
individual investors, BNY Mellon delivers informed investment management and
investment services in 35 countries and more than 100 markets. As of June 30,
2013, BNY Mellon had $26.2 trillion in assets under custody and/or
administration, and $1.4 trillion in assets under management. BNY Mellon can
act as a single point of contact for clients looking to create, trade, hold,
manage, service, distribute or restructure investments. 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.

This press release is issued by The Bank of New York Mellon to members of the
financial press and media.

All information and figures source BNY Mellon unless otherwise stated as at
June 30, 2013.

The Bank of New York Mellon, London Branch, registered in England and Wales
with FC005522 and BR000818.

Branch office: One Canada Square, London E14 5AL. Supervised and regulated by
the New York State Department of Financial Services and the Federal Reserve.
Authorised by the Prudential Regulation Authority. Subject to regulation by
the Financial Conduct Authority and limited regulation by the Prudential
Regulation Authority.

Details about the extent of our regulation by the Prudential Regulation
Authority are available from us on request.

SOURCE BNY Mellon

Website: http://www.bnymellon.com
Contact: Tim Steele, +44 20 7163 5850, tim.steele@bnymellon.com, or Lane
Cigna, +1 412 234 0575, lane.cigna@bnymellon.com
 
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