The new branch, located in Brussels, was established in response to clients growing demands for pan-European fund administration services, said Stephen Richardson, COO of The Bank of New York in Europe.
The company and its subsidiaries already provide fund services in Brussels, as well as on Dublin, London and Luxembourg. The Bank of New York currently employs about 1,000 people in Brussels, serves as The Bank of New Yorks hub for continental European global processing operations.









