Since 2008, it has been a representative office led by Søren Eberhard. Now it develops into a full branch of global custodian BNY Mellon’s “European Bank”, to support Nordic expansion.
“The branch in Copenhagen will provide support for existing and prospective clients seeking access to BNY Mellon’s global capabilities and innovative solutions,” says BNY Mellon in its press release.
Danish branch manager Søren Eberhard (pictured) is well-known to the Nordic post-trade community, having also been global head of Danske Bank’s securities services before joining BNY Mellon in 2005.
The press release quotes BNY Mellon’s European Bank CEO Leonique van Houwelingen:
“We have been conducting business in this region for more than a century and the opening of our newest European Bank branch is yet another step in our ambitious international growth strategy,” she says.
“Our partnerships in Denmark and the wider Nordics are deep and enduring and we have the breadth of experience and the technological infrastructure to meet the needs of large, sophisticated pension schemes and other asset owners and managers in the region. BNY Mellon is a truly global bank and we’re excited that this new branch will drive growth and allow clients to access our capabilities around the world more seamlessly.”
The European Bank, technically The Bank of New York Mellon SA/NV, is based in Belgium and has offices also in France, Germany, Ireland, Italy, Luxembourg and the Netherlands.