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Mellon has peeled off its thick rind of banking services to expose the succulent fruit of its fee-based offerings. For more than 130 years, the company's retail and corporate banking franchise in the mid-Atlantic region provided its high profile. Today Mellon has all but shed its banking operations in favor of fee-based businesses. These include its Asset Management segment, which consists of such units as Dreyfus, The Boston Company, Founders Asset Management, Standish Mellon, and UK-based Newton Investment Management. Mellon also performs asset servicing, institutional trust and custody, securities lending, foreign exchange trading, and treasury services. The Bank of New York is buying Mellon.
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| | | Contact Information | |
Address: |
1 Mellon Center
Pittsburgh, PA 15258-0001
| | Phone: | 412-234-5000 | | Fax: | 412-234-9495 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2006): | 6300.00 M | | Revenue Growth (1 yr): | 15.50% | | Employees (2006): | 16,800 | | Employee Growth (1 yr): | 0.60% |
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Key People
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Chairman, President, and CEO, Mellon Financial and Mellon Ba:
Robert P. (Bob) Kelly
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CFO; EVP and CFO, Mellon Bank:
Michael A. Bryson
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CIO:
Kevin L. Shearan
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