The Bank of New York Mellon (BNY Mellon) has integrated the broker-dealer services provided by BNY Mellon capital markets and BNY Mellon Shareowners, with BNY Mellon capital markets managing the integrated operation.
The integrated operation includes all existing BNY Mellon Securities and BNY Mellon capital markets locations, and will remain active in all market segments currently served by the two businesses.
Gary Strumeyer, president of BNY Mellon capital markets, said: “The strengths of BNY Mellon securities and BNY Mellon capital markets in the equity and fixed income markets are a perfect complement. Enabling us to provide more coverage, the integration takes our full-service, ‘one-stop’ approach to client support to a new level and extends our growing position in the broker-dealer sector.”
