Depositary receipts market leader has won the award seven of the last eight years
NEW YORK, March 11, 2015 /PRNewswire/ -- BNY Mellon, a global leader in investment management and investment services, has captured EMEA Finance Magazine's 2014 Achievement Award for Best Depositary Receipt Bank. BNY Mellon has garnered the title in seven out of the last eight years.
"The depositary receipts market remains a key channel linking investors with many emerging market success stories, and BNY Mellon has once again demonstrated its expertise in structuring deals for a variety of clients," said Tim Burke, editor of EMEA Finance. "Its CEEMEA deals for the likes of TBC Bank, Electrica, and Trustco Group were highlights in another standout year for the firm, and we're happy to recognize these achievements by naming it Best Depositary Receipt Bank."
"Third-party recognition by industry observers such as EMEA Finance is a strong validation of our team's efforts and success helping clients achieve their DR goals," said Christopher M. Kearns, CEO of BNY Mellon's Depositary Receipts business. "We're proud to be named winner of this award so consistently. We have been a leader not only in connecting issuers and investors to the world's capital markets, but also in working with regulators to improve market efficiency and accessibility."
BNY Mellon acts as depositary for more than 2,800 American and global depositary receipt programs as of Dec. 31, 2014. Acting in partnership with leading companies from over 65 countries, BNY Mellon is committed to helping securities issuers access the world's rapidly evolving financial markets and delivers a comprehensive suite of depositary receipt services. Learn more at www.bnymellon.com/dr.
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 Dec. 31, 2014, BNY Mellon had $28.5 trillion in assets under custody and/or administration, and $1.7 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). Learn more at www.bnymellon.com, or follow us on Twitter @BNYMellon.
This release is for informational purposes only. BNY Mellon provides no advice nor recommendation or endorsement with respect to any company or securities. Nothing herein shall be deemed to constitute an offer to sell or a solicitation of an offer to buy securities. Depositary Receipts: Not FDIC, State or Federal Agency Insured; May Lose Value; No Bank, State or Federal Agency Guarantee. BNY Mellon provides no advice nor recommendations or endorsement with respect to any company, security or products based on any index licensed by BNY Mellon, and we make no representation regarding the advisability of investing in the same.
Joseph F. Ailinger Jr
+44 20 7163 4109
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SOURCE BNY Mellon