TORONTO, Jan. 30, 2012 /CNW/ - CIBC Mellon has been named Regional
Lender of the Year in the 2011 Global Securities Lending Awards. The
award recognizes CIBC Mellon as the world's top securities lending
provider with a specific geographic focus.
"This award reflects our continued success as Canada's top securities
lending provider as well as our strong growth in the custody space,"
said Rob Ferguson, senior vice president, capital markets, CIBC Mellon.
"Clients continue to choose CIBC Mellon because we are uniquely
positioned to offer dedicated local expertise in the Canadian market
combined with global reach and a full suite of asset servicing
"Earning top honours for regional lending is consistent with CIBC
Mellon's dominant position in Canada's lending market, as well as the
company's well-deserved reputation for excellence in client service,
operational execution and risk management," said Mark Latham, executive
editor of Fundamentals Magazine.
The 2011 Global Securities Lending award winners were selected based on
voting by lending clients, borrowers and service providers. The Global
Securities Lending Awards, now in their second year, are administered
by Fundamentals magazine.
About CIBC Mellon
CIBC Mellon is 50-50 jointly owned by Canadian Imperial Bank of Commerce
and The Bank of New York Mellon. CIBC Mellon has more than $1 trillion
in assets under administration and is a leading provider of financial
services for institutions and corporations, providing superior asset
servicing, multicurrency accounting, information delivery, unitholder
recordkeeping, and securities lending services in Canada. CIBC Mellon
is part of the BNY Mellon network, which has US$25.8 trillion in assets
under custody and administration and US$1.2 trillion in assets under
SOURCE CIBC Mellon
For further information:
Brent Merriman, corporate affairs, CIBC Mellon, 416-643-5000, firstname.lastname@example.org