News & Press Releases - 2011
CIBC Mellon to Provide Hedge Fund Servicing to FrontFour Capital Corp.
CIBC Mellon has been selected to provide its market-leading hedge fund servicing and administration to FrontFour Capital Corp.
CIBC Mellon announces Canadian release of Workbench Mobile for the iPad®
CIBC Mellon is pleased to announce the Canadian release of Workbench Mobile for the iPad, a new app enabling the firm’s institutional clients to authorize instructions and securely view key reports and account information while on-the-go. To access the new app, registered CIBC Mellon Workbench users can download Workbench Mobile at the App Store through the BNY Mellon Connect Mobile portal.
CIBC Mellon sets new record as the first Canadian firm named ‘Best Sub-Custodian in Canada’ for five consecutive years
CIBC Mellon Global Securities Services Company has been named the best sub-custodian in Canada for the fifth consecutive year in the 2011 Global Finance Magazine World’s Best Sub-Custodians Survey. The win makes CIBC Mellon the only firm to be named the best sub-custodian in Canada for five years in a row since the survey began in 2003.The results were released in Global Finance Magazine's July/August edition. The awards ceremony will be held at The National Press Club in Washington DC on September 26, 2011.
CIBC Mellon to Provide Asset Servicing Solutions to TRIO
CIBC Mellon has been chosen to provide its market-leading asset servicing solutions to TRIO. CIBC Mellon will be delivering a product suite that includes custody, pension accounting, benefit payments, and its real-time online information delivery platform – Workbench. TRIO offers health care benefits and pension plan services to employees and elected officials in more than 100 municipalities across Newfoundland and Labrador and has more than $50 million in assets under administration.
CIBC Mellon Selected to Provide Asset Servicing for the Ottawa Hospital Research Institute
CIBC Mellon has been selected to provide its industry-leading comprehensive suite of asset servicing solutions for the Ottawa Hospital Research Institute. CIBC Mellon will deliver custody and accounting as well as information-delivery via Workbench.
CIBC Mellon Appointed to Provide Asset Servicing for TSX-listed PowerShares ETFs
CIBC Mellon has been selected to provide a suite of asset servicing solutions for Invesco’s recently-launched TSX-listed PowerShares exchange-traded funds (ETFs). CIBC Mellon will deliver custody and fund administration services for PowerShares ETFs, with BNY Mellon providing performance and risk analytics.
Rob Ferguson Named Head of Global Securities Lending, Phil Zywot Named Head of Trading; Robert Chiuch moves into leadership role at parent company BNY Mellon
Rob Ferguson has been named head of global securities lending at CIBC Mellon, taking on sole responsibility for leading CIBC Mellon’s capital markets team. Robert Chiuch, formerly co-head of global securities lending at CIBC Mellon, has been named managing director, US equity and corporate securities finance at CIBC Mellon’s parent company BNY Mellon. Also moving into a new leadership role is Phil Zywot, who has been named head of trading and will manage CIBC Mellon’s trading desk.
BNY Mellon Names David DiNardo Chief Operating Officer of Securities Lending and Robert Chiuch to Lead U.S. Equity and Corporate Securities Team
BNY Mellon Asset Servicing, the global leader in investment services, has named David DiNardo chief operating officer of its securities lending business and Robert Chiuch managing director in the securities lending business, with responsibility for leading the U.S. equity and corporate securities lending team.
CIBC Mellon Surpasses $1 Trillion in Assets Under Administration
CIBC Mellon has surpassed $1 trillion in assets under administration, demonstrating the company’s leading position in the Canadian asset and investment servicing industry.
Claymore Investments Selects CIBC Mellon to Service More Than $6 Billion in Assets for 30 Canadian-listed ETFs
CIBC Mellon Global Securities Services Company has been appointed by Claymore Investments to deliver global custody, fund valuation and a suite of recently-expanded exchange traded fund (ETF) servicing capabilities.
FTSE Global Markets, May 2011: Spotlight on Canadian Custody Featuring Tom Monahan
Buoyed by an unusually vibrant local economy, Canada’s custody market remains among the most efficient and sophisticated of its kind. Like securities services providers everywhere, Canadian custodians proffer a much broader service range these days. Even so, assets under custody are in flux and the underlying capital markets continue to evolve. How has the rapidly evolving investment landscape continued to shape Canada’s provision of custody services of late?
BNY Mellon Asset Servicing Appoints James Slater as Global Head of Securities Lending
BNY Mellon Asset Servicing, the global leader in investment servicing, has announced that James Slater will become Global Head of Securities Lending following the retirement of Kathy Rulong on July 1, 2011.
CIBC Mellon Releases 2010 Corporate Social Responsibility Review: "Doing Well By Doing Right"
Toronto, April 29, 2010 – Today, CIBC Mellon released its third annual corporate social responsibility (CSR) review: "Doing Well By Doing Right." The review focuses on the company’s efforts and achievements in five key areas: community, environmental sustainability, governance and ethics, clients and products, and employees.
CIBC Mellon Hosts Green Fair: Invites Business and Not-For-Profit Partners to Share Sustainability Best Practices
TORONTO, April 25, 2011 – CIBC Mellon’s volunteer “green team” hosted the company’s first Green Fair, bringing employees together with sustainability-focused organizations to share environmental best practices for inside and outside the office.
CIBC Mellon Selected as Asset Servicing Provider to Auto Sector Retiree Health Care Trust
CIBC Mellon Global Securities Services Company has been selected to provide custody and accounting services to the Auto Sector Retiree Health Care Trust.
CIBC Mellon's Employees "Greenstorm" to Advance Environmental Sustainability Agenda, Supports Evergreen with a $30,000 Donation
CIBC Mellon employees joined together with members of the company’s executive team and non-profit organization, Evergreen, to generate ideas for future environmental sustainability programs that will help CIBC Mellon create positive change in its communities.
Canadian Pension Plans Finish Year Strong with Big Gains in 2010, Says BNY Mellon, 100% of Canadian Plans Post Positive Returns for the Fourth Quarter and for the Year
The median plan in the BNY Mellon Canada Total Fund Universe posted a 4.2% return for the fourth quarter of 2010, leading to a total gain of 10.2% for the year ending December 31, 2010.
CIBC Mellon selected for asset servicing by Canadian Christian School Pension Trust Fund
CIBC Mellon Global Securities Services Company has been selected to provide a full suite of asset servicing solutions for Canadian Christian School Pension Trust Fund including custody, fund accounting, securities lending and performance & risk analytics.