27.02.2006 14:03:00
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The Bank of New York Named Top International Trustee
The Bank also received number one international rankings ininvestment grade bonds (excluding medium term takedowns), high yieldbonds, structured finance issues, and emerging market issues. Inaddition, the Bank moved up to the number two position for CDOs.
Karen Peetz, executive vice president and head of The Bank of NewYork's Corporate Trust Services Division, said, "We are pleased toonce again be named the number one international trustee and to havethe continued support of clients in markets around the world. Ourinternational business is a valuable, high-growth element of ouroverall franchise and these combined results are evidence that our mixof customized services addresses our clients' specific business andmarket needs."
The Bank of New York is a leading provider of corporate trust andagency services. The Bank and its subsidiaries and affiliatesadminister a portfolio of more than 90,000 trustee and agencyappointments, representing $3 trillion in outstanding securities formore than 30,000 clients around the world. The Bank is a recognizedleader for trust services in several debt products, includingcorporate and municipal debt, mortgage-backed and asset-backedsecurities, derivative securities services and international debtofferings.
The Bank of New York Company, Inc. (NYSE: BK) is a global leaderin providing a comprehensive array of services that enableinstitutions and individuals to move and manage their financial assetsin more than 100 markets worldwide. The Company has a long traditionof collaborating with clients to deliver innovative solutions throughits core competencies: securities servicing, treasury management,investment management, and individual & regional banking services. TheCompany's extensive global client base includes a broad range ofleading financial institutions, corporations, government entities,endowments and foundations. Its principal subsidiary, The Bank of NewYork, founded in 1784, is the oldest bank in the United States and hasconsistently played a prominent role in the evolution of financialmarkets worldwide. Additional information is available atwww.bankofny.com.
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