News & Press Releases - 2014
CIBC Mellon Named Best Sub-Custodian in Canada by Global Finance Magazine for Eighth Consecutive Year
For the eighth consecutive year, CIBC Mellon has been named the best sub-custodian in Canada in Global Finance magazine's annual ranking of the "World's Best Sub-Custodian Banks".
CIBC Mellon named Canada's Custodian of the Year in 2014 Custody Risk Awards
CIBC Mellon has again earned the title of "Custodian of the Year: Canada" at the Custody Risk Americas Awards. Custody Risk Magazine's annual Americas Awards recognize outstanding achievers in the securities services industry across North and South America. CIBC Mellon was also named Canadian Custodian of the Year at the 2013 Custody Risk Americas Awards.
Shane Kuros joins CIBC Mellon as Vice President, Head of Sales
CIBC Mellon today announced that Shane Kuros has joined the company as Vice President, Head of Sales. Mr. Kuros will be responsible for expanding CIBC Mellon's relationships with Canadian institutional investors and with global institutions whose clients invest into Canada.
CIBC Mellon earns $1.1 Billion Mandate Expansion from Horizons ETFs
CIBC Mellon announced today that Horizons ETFs Management (Canada) Inc. (Horizons ETFs) has selected CIBC Mellon to provide fund administration, custody and exchange-traded fund (ETF) services for the Horizons family of 38 leverage and inverse ETFs. This CAD$1.1 billion mandate expands on the asset servicing solutions CIBC Mellon already provides for the Horizons ETFs family of actively-managed ETFs. With the addition of these 38 ETFs, CIBC Mellon now services all of Horizons' Canadian ETF business.
CIBC Mellon Named Best Single Major Market Subcustodian in the Americas by Global Custodian Magazine
CIBC Mellon has been named the top subcustodian operating in a major market in the Americas by Global Custodian magazine. The "Single Market Sub-Custody in the Americas: Major Markets" award was one of 25 global awards presented in London on March 13, 2014 in honour of Global Custodian magazine’s 25th anniversary, and recognizes CIBC Mellon’s consistent and excellent performance on client surveys administered by Global Custodian.
CIBC Mellon Appointed Custodial Trustee by General Electric Canada Pension Funds
CIBC Mellon today announced that General Electric (GE) Canada has selected CIBC Mellon to provide custody, fund accounting and benefit payment services for GE Canada's trusteed pension funds. GE will also receive online delivery of investment information through the Workbench platform and integrated access to BNY Mellon Global Risk Solutions investment analysis products.
CIBC Mellon again named one of the Achievers 50 Most Engaged Workplaces™ in Canada
CIBC Mellon and its employees were recognized for their commitment to clients, colleagues and communities as the company was named among the Achievers 50 Most Engaged Workplaces™ in Canada for the second year in a row. The Achievers award recognizes top employers that display leadership and innovation in building employee engagement and great workplaces.