July 2008

A message from our CEO - first anniversary of The Bank of New York Mellon

On July 1, we celebrated the first anniversary of The Bank of New York Mellon Corporation - the world's largest asset servicing provider, with more than US$23 trillion in assets under custody and administration.

Asset servicing is a business where scale, combined with effective local delivery, creates a powerful combination. The Bank of New York Mellon merger gives us the opportunity to provide you - our clients - with the best products, technology and service to enhance the management, administration and oversight of your investment process. 

I'm pleased to inform you that The Bank of New York Mellon's thoughtfully paced integration is well on track. The ultimate objective is to strengthen product and service offerings, and enrich your overall client experience.

In the near future, we look forward to further leveraging the strength of The Bank of New York Mellon, to deliver the next generation of products you need to evolve and grow. I'm confident these enhanced products and services - combined with our solid knowledge of your business - will position you for further success.

By Thomas C. MacMillan, president & chief executive officer at CIBC Mellon 

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Trade Talk® is provided for general information purposes only and CIBC Mellon Global Securities Services Company, CIBC Mellon Trust Company, CIBC, The Bank of New York Mellon Corporation and their affiliates make no representations or warranties as to its accuracy or completeness. Readers should be aware the content of this publication should not be regarded as legal, tax, accounting, investment, financial or other professional advice nor is it intended for such use.