2007 in Review

Two key terms reigned in 2007 for the securities services industry: consolidation and sub-prime woes. The merger of The Bank of New York and The Mellon Financial Corporation to form The Bank of New York Mellon was perhaps the largest announcement of the year, being finalized on the 1st July. No less important were other mergers and acquisitions, which remained in the news for months during 2007.

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