Following the completion of an acquisition last week, BNY Mellon Asset Servicing announced Monday it has established a global financial institutions group to support clients and prospects in the banking, mutual fund and insurance sectors.

The group will be led by Nadine Chakar, who was head of Europe, Middle East and Africa asset servicing for Bank of New York Mellon [BK]. She will continue to report to Jim Palermo and Tim Keaney, co-CEO's of BNY Mellon Asset Servicing.

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