The Bank of New York Mellon has received Best Foreign Exchange Research, Best Technical Analysis, and Best Forecasts honours in Global Finance magazine’s World’s Best Foreign Exchange Banks 2008 awards programme.
In the ‘Best Foreign Exchange Bank in the US’ country category, The Bank of New York Mellon earned Honorable Mention recognition for the fifth year in a row.
Global Finance selected the best currency trading providers in 82 countries or regions, as well as the best online foreign exchange systems, with input from industry analysts, corporate executives and technology experts. Criteria for choosing winners included transaction volume, market share, scope of global coverage, customer service, competitive pricing and innovative technologies. A complete awards listing will appear in the magazine’s January, 2008 issue.
“We doubled the size of our research team this year as part of our ongoing commitment to meeting and surpassing our clients’ expectations. We’re delighted that our hard work in delivering a top research product is being recognized by both clients and knowledgeable industry practitioners, including the editors of Global Finance,” says Jorge Rodriguez, managing director and head of global foreign-exchange sales, The Bank of New York Mellon.