BNY Mellon Launches New Capital Markets Business in Asia-Pacific
Nov 13, 2013
Company continues to invest in Asia-Pacific and broaden its suite of Investment Services capabilities
TOKYO, November 13, 2013 — BNY Mellon, the global leader in investment management and investment services, has expanded its Global Markets capabilities with the launch of a new Asia-Pacific Capital Markets business through The Bank of New York Mellon Securities Company Japan Ltd, based in Tokyo. The company is now able to provide dealing services on an agency basis across a broad range of fixed income and equity securities for institutional clients in Japan and certain other countries in the Asia-Pacific region.
The company has added a nine-strong team of broker-dealer and capital markets specialists to its existing foreign exchange services capabilities in Tokyo. The new team is led by Eiichiro (Eric) Masaki who has been appointed as Head of Japan Capital Markets Sales and reports into Kazuma Yamashita, Head of Japan Global Markets Sales. Masaki joins BNY Mellon from Societe Generale, where he was Head of Non-Yen Fixed Income Flow Sales. In total, he has more than 20 years' experience in similar roles.
"We've grown the geographic reach, product diversity and trading capabilities of our capital markets business substantially over the last two years in response to US institutions seeking broader capital solutions," observed Art Certosimo, senior executive vice president and chief executive officer of BNY Mellon's Global Markets business. "The natural next step in our growth is to bring these world class solutions to our clients internationally, with a focus on Europe and Asia-Pacific."
"Today's announcement underscores BNY Mellon's continued long term commitment and investment in Asia-Pacific," added Makoto Saji, President of The Bank of New York Mellon Securities Company Japan Ltd in Tokyo. "The creation of a regional capital markets desk brings a new dimension to our local offering and enables us to provide a more holistic global markets solution for Asian institutions."
Saji continued: "Our immediate focus will be on establishing a strong capital markets business in Japan, as well as starting conversations with our existing investment services clients, who are major players in the Asian capital markets space."
With foreign exchange sales and trading desks in Hong Kong, Tokyo, Taipei, Seoul and Shanghai, as well as New York, Boston, Pittsburgh, London and Brussels, BNY Mellon Global Markets has access to more than 100 countries, and is recognized by industry publications as a global leader in FX research and FX technology.
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 September 30, 2013, BNY Mellon had $27.4 trillion in assets under custody and/or administration, and $1.5 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). Additional information is available on http://www.bnymellon.com/, or follow us on Twitter @BNYMellon.
BNY Mellon Global Markets includes the Foreign Exchange and Derivatives businesses of The Bank of New York Mellon together with the securities businesses of BNY Mellon Capital Markets, LLC, an SEC registered broker-dealer1 and BNY Mellon Capital Markets EMEA Limited2. These businesses provide products for corporate, institutional and high net worth investors to access liquidity, execute investment and hedging requirements, and manage risk. BNY Mellon's derivatives business offers hedging products based in the interest rate, currency and equity markets, and BNY Mellon Capital Markets, LLC underwrites and transacts on exchanges and over the counter markets in a broad range of debt and equity securities.
1. BNY Mellon Capital Markets, LLC is an indirect-wholly-owned subsidiary of The Bank of New York Mellon Corporation and a member of FINRA and SIPC.
2. BNY Mellon Capital Markets EMEA Limited is an indirect non-bank, broker-dealer subsidiary of The Bank of New York Mellon Corporation and is regulated by the Financial Conduct Authority.
This press release is for information purposes only and should not be construed as investment advice. Issued by The Bank of New York Mellon Securities Company Japan Limited to members of the financial press and media. Principal place of business of The Bank of New York Mellon Securities Company Japan Limited: Marunouchi Trust Tower Main Building, 1-8-3 Marunouchi, Chiyoda-ku, Tokyo, 100-0005, Japan
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