NEW YORK and LONDON,
May 4, 2016 /PRNewswire/ -- BNY
Mellon, a global leader in investment management and investment
services, has captured emeaFinance Magazine's 2015
Achievement Award for Best Depositary Receipt Bank. BNY Mellon has
garnered the title in eight of the last nine years.
"Depositary receipts remain a key channel linking investors with
developing market success stories, and BNY Mellon again showed its
skills in structuring ground-breaking programs," said Christopher Moore, publisher and CEO of
emeaFinance Magazine. "Highlights included new clients such as
Romania's Fondul Proprietatea, the
first Global Depositary Receipts (GDR) program on a closed-end
investment fund to be listed on the LSE's specialist fund market,
and Edita Food Industries, the first GDR capital raising by an
Egyptian company since 2008.
"We're pleased to recognize these achievements by naming BNY
Mellon as Best Depositary Receipt Bank," he added.
"We strive daily to be a leader in connecting issuers and
investors to the world's capital markets, and recognition such as
this by emeaFinance is another strong indicator of our success,"
said Christopher M. Kearns, CEO of
BNY Mellon's Depositary Receipts business. "We're proud to again be
named winner of this award and thank our global team of
professionals for their relentless focus on helping clients."
BNY Mellon acts as depositary for more than 2,600 American and
global depositary receipt programs as of March 31, 2016. 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 March 31, 2016, BNY Mellon had $29.1 trillion in assets under custody and/or
administration, and $1.6 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/newsroom.
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.
Contact:
Joseph F. Ailinger Jr
+1 617-722-7571
joe.ailinger@bnymellon.com
Malcolm Borthwick
+44 20 7163 4109
malcolm.borthwick@bnymellon.com
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SOURCE BNY Mellon