News & Press Releases - 2013
Securities Lending Times reports on securities lending trading desk integration: "BNY Mellon and CIBC Mellon create lending giant"
Rob Ferguson of CIBC Mellon and James Slater of BNY Mellon highlight the strong relationship between the two firms and the benefits to clients from the expanded global model.
CIBC Mellon's David Linds in the Asset Servicing Times: "Strength, prudence and confidence: O Canada, indeed"
David Linds, Senior Vice President, Business Development and Relationship Management, CIBC Mellon, highlights Canada's mature capital markets and strong governance
CIBC Mellon's Alistair Almedia on how asset servicers are working to meet clients' evolving needs. FTSE Global Markets: "The race for new business."
Alistair Almeida, Vice President, Relationship Management and Business Development, Global Financial Institutions on how strong governance, information delivery and local insights are a winning combination for clients and providers.
CIBC Mellon's Jeffrey Alexander on trends impacting securities lending. FTSE Global Markets: "Might a rebound in volume be linked to regulation?"
In "Might a rebound in volume be linked to regulation?", Jeffrey Alexander, Vice President, Global Securities Lending, CIBC Mellon provides insight and commentary about trends impacting securities lending market participants.
CIBC Mellon selected by Local Unions 83 and 1392 Carpenters Pension Plan
CIBC Mellon today announced that its asset servicing solutions have been selected by Local Unions 83 and 1392 Carpenters Pension Plan. CIBC Mellon will provide custody, accounting and pension benefits payment services, information-delivery through the Workbench platform, as well as access to more than 100 markets around the world via the BNY Mellon global network.
BNY Mellon and CIBC Mellon to Merge Securities Lending Operations
BNY Mellon, a global leader in investment management and investment services, and CIBC Mellon, its long-established Canadian joint venture with Canadian Imperial Bank of Commerce, have announced the integration of their respective securities lending desks effective today. The integration establishes BNY Mellon’s Securities Finance business as one of the largest providers of securities lending services in the world, with trading offices in New York, Pittsburgh Toronto, London and Hong Kong.
CIBC Mellon Retained by Halifax Herald Limited as Asset Servicing Provider
CIBC Mellon announced that it has been retained as asset servicing provider by the Halifax Herald Limited, publisher of The Chronicle Herald newspaper. CIBC Mellon will continue to provide custody, accounting and benefit payment services for the Halifax Herald's pension plan. The Halifax Herald will also receive online investment information delivery via CIBC Mellon's Workbench platform.
CIBC Mellon "top rated" in Canada, according to Global Custodian magazine’s 2013 Agent Banks in Major Markets survey [VIDEO]
CIBC Mellon has been awarded "top-rated" status by leading and cross-border/non-affiliated clients in Global Custodian's 2013 Agent Banks in Major Markets survey. CIBC Mellon is the only Canadian custodian to earn “top-rated” status in both categories in the 2013 survey.
CIBC Mellon named best sub-custodian in Canada by Global Finance magazine for seventh consecutive year
CIBC Mellon has been named the best sub-custodian in Canada by Global Finance magazine for the seventh consecutive year in its annual ranking of the “World’s Best Sub-Custodian Banks”.
CIBC Mellon volunteers plant a seed for tomorrow with Evergreen [Video]
More than 20 CIBC Mellon employees rolled up their sleeves for a day of outdoor volunteering with Evergreen, a national charity dedicated to making Canadian cities more livable. Through CIBC Mellon’s formal "Together in Action" volunteering program, a group of executives, summer students and other employees spent time at Evergreen’s Toronto Brick Works location planting flowers as well as cleaning and restoring the area. The event is one of nearly 50 CIBC Mellon volunteering activities held in or planned for 2013.
CIBC Mellon selected to provide asset servicing for University of Prince Edward Island Pension Plan and Endowment Funds
CIBC Mellon has been selected to provide asset servicing for The Pension Plan for Employees of the University of Prince Edward Island (UPEI) and the UPEI Endowment Funds. CIBC Mellon’s asset servicing solution for UPEI’s pension plan and endowments includes custody, fund accounting and pension benefit payments and reporting. UPEI will also receive online investment information delivery via CIBC Mellon’s Workbench platform and access to markets around the world through the BNY Mellon global network.
CIBC Mellon CFO Claire Johnson featured in Financial Post SWOT column
Claire Johnson, CIBC Mellon's senior vice president and chief financial officer, was featured in Financial Post's SWOT business strategy column. Claire shared her expertise, noting that "the right price point compensates sellers for delivering a better product while leaving buyers satisfied with the value received.”
CIBC Mellon named Canada's Custodian of the Year in 2013 Custody Risk Awards
CIBC Mellon has earned the title of “Custodian of the Year: Canada” in the 2013 Custody Risk Americas Awards. Custody Risk Magazine's Americas Awards recognize outstanding achievers in the securities services industry in both North and South America.
Charbel Cheaib featured in International Securities Services magazine: "Answering The Trust Question: How Asset Servicing Providers Are Helping Hedge Funds And Institutional Investors Build Confidence"
In the article, Charbel Cheaib, Executive Director, Business Development, CIBC Mellon, writes about how asset servicing providers are deploying solutions that support both the providers of and the investors into hedge funds and other alternative investments.
CIBC Mellon rated best sub-custodian in Canada in 2013 Global Investor/ISF sub-custody survey
TORONTO, March 25, 2013 – CIBC Mellon has been rated the best sub-custodian in Canada in the 2013 Global Investor/ISF sub-custody survey, ranking first in the "unweighted" and "weighted by importance" tables.
Rob Ferguson featured in FTSE Global Markets article: "Market change springs new demands on securities lenders"
Rob Ferguson, senior vice president, capital markets, CIBC Mellon, was interviewed for a FTSE Global Markets feature on trends in securities lending.
CIBC Mellon selected to provide asset servicing for newly-launched Purpose Investments
Canadian investment industry innovator Som Seif chooses CIBC Mellon for global custody, fund accounting and securities lending services.
"Moving On Up" - CIBC Mellon's Ronald C. Landry, executive director, ETF Services interviewed by Securities Lending Times on Canada's regulatory environment for ETFs
Ronald C. Landry, executive director, ETF services at CIBC Mellon spoke with Mark Dugdale, editor of Securities Lending Times (SLT) for an interview published in the 68th edition of the publication.
The new asset servicing jigsaw takes shape: David Linds interviewed in FTSE Global Markets article
At a time when regulatory initiatives are putting added pressure on profit margins, asset servicers are finding inspiration through integration—that is, bringing together compatible business offerings in an effort to boost agility while addressing client’s need for convenience and clarity.