June 14, 2007
Approval of proposal by The Bank of New York Mellon Corporation
For immediate release
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The Federal Reserve Board on Thursday announced the approval of the application of The Bank of New York Mellon Corporation to become a bank holding company by merging with The Bank of New York Company, Inc., both in New York, New York, and Mellon Financial Corporation, Pittsburgh, Pennsylvania, and thereby acquiring The Bank of New York, also in New York, and Mellon Bank, N.A., also in Pittsburgh. Attached is the Board's Order relating to this action. |