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First Australian branch of Bank of New York Mellon opened

8 October 2009

Australia’s Assistant Treasurer, Senator Nick Sherry, has opened the first Australian branch of the Bank of New York Mellon.

Senator Sherry said that the opening of the bank was “a real vote of confidence in the Australian financial market” and a “recognition of the key role Australia plays in the fast-growing Asia-Pacific region”.

The new Bank of New York Mellon will offer banking services including deposit-taking, investment facilitation, and other financial services activities such as inter-bank lending and intraday credit facilities.

See Investor Update (July 23 2009) – 'Bank of New York Mellon gets Australian banking licence'

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