As the market continues to remain unsettled, we wish to reassure all our investors of the strength of our organisation and our unwavering focus on ensuring the investments we manage are well positioned to navigate the current conditions whilst remaining focused on adding real value in the long term.

The Bank of New York Mellon Corporation is one of the strongest financial institutions globally. We have the financial strength to weather these difficult times and we are doing just that. We have excellent liquidity, relative earnings strength in this volatile environment and a strong capital position. The Bank of New York Mellon Corporation is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. We are a leading provider of financial services for institutions, corporations and high net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. We have more than US$23 trillion in assets under custody and administration and more than US$1.1 trillion in assets under management. We have no mortgage book and no investment banking operations.