June 20, 2011

BNY Mellon Appoints James McAuliffe as Head of Global Derivatives

Experienced global markets veteran to head derivatives business of BNY Mellon Global Markets

NEW YORK, June 20, 2011 — BNY Mellon, the global leader in investment management and investment services, today announced that James McAuliffe has been appointed head of global derivatives. Based in New York and reporting to Art Certosimo, CEO of Global Markets, McAuliffe will be responsible for the derivatives business activities of BNY Mellon Global Markets.

"Derivatives are indispensable to many of the product and service innovations we’re developing as part of our strategic emphasis on providing BNY Mellon’s full range of capabilities to our clients," said Art Certosimo, senior executive vice president of BNY Mellon and CEO of Global Markets. "This is the perfect time to have an accomplished leader with Jim’s global experience and extensive product expertise at the helm of our derivatives business. He’s sure to play a key leadership role as we continue to build on our strengths in this important area during the post-Dodd-Frank era."

A graduate of Georgetown University, McAuliffe began his service with BNY Mellon’s derivatives team in 1987 following completion of MBA studies at the University of Pennsylvania’s Wharton School. In 2004, he was assigned to London as head of derivatives and foreign exchange sales for EMEA. In 2009, his responsibilities were expanded to include Asia-Pacific.

BNY Mellon Global Markets’ derivatives business offers tailored hedging products based in the interest rate, currency and equity markets. BNY Mellon Global Markets includes the Foreign Exchange and Derivatives businesses of The Bank of New York Mellon together with the securities business of BNY Mellon Capital Markets, LLC, a SEC registered broker dealer.* These three businesses provide products for corporate, institutional and high-net-worth investors to access liquidity, identify and execute investment and hedging strategies as well as manage risk. With foreign exchange sales and trading desks in New York, Boston, Pittsburgh, London, Brussels, Hong Kong, Tokyo, Shanghai, Taipei and Seoul, BNY Mellon Global Markets has access to more than 100 currency markets, and is recognized by industry publications as a global leader in FX research and FX technology. BNY Mellon Capital Markets underwrites and transacts on Exchange and over the counter markets in a broad range of debt and equity securities. For more information, visit gm.bankofny.com.

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 $25.5 trillion in assets under custody and administration and $1.2 trillion in assets under management, services $11.9 trillion in outstanding debt and processes global payments averaging $1.7 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. Additional information is available at www.bnymellon.com.

*BNY Mellon Capital Markets, LLC is an indirect-wholly-owned subsidiary of The Bank of New York Mellon Corporation and a member of FINRA and SIPC.