CIBC Mellon has exceeded $1 trillion in assets under administration. The clients of the firm include BMO Mutual Funds, Danske Bank and Ontario Pension Board. CIBC Mellon is owned by Canadian Imperial Bank of Commerce and Bank of New York Mellon. CIBC Mellon is part of the BNY Mellon network, which has $25.5 trillion in assets under custody and administration and about $1.2 trillion in assets under management.
Click here for the release from Canada Newswire.