Press Releases

Mellon Financial Corporation Ranked No. 2, CEO in U.S. Banker Magazine's Annual 'All-Star Banking Team'

PITTSBURGH, November 3, 2004 — Mellon Financial Corporation is ranked second among all U.S. banks — more than 8,000 of them — in U.S. Banker's 2004 All-Star Banking Team, and Mellon Chairman and CEO Martin G. McGuinn is ranked first among all bank CEOs. The lists of the top five banks and top five bank CEOs are published in the November issue; the winners were chosen by the magazine's editors, based both on financial results and subjective measures.

"It is always gratifying to receive independent recognition for the progress we've made toward becoming the best performing financial services company," McGuinn said. "Mellon's employees can be proud of the work they've done to help earn this honor."

Earlier this year, Mellon was ranked second overall in its category of U.S. financial institutions in Fortune Magazine's annual survey of America's Most Admired Companies. Fortune's annual list is the definitive report on corporate reputations.

Mellon Financial Corporation is a global financial services company. Headquartered in Pittsburgh, Mellon is one of the world's leading providers of financial services for institutions, corporations and high net worth individuals, providing institutional asset management, mutual funds, private wealth management, asset servicing, human resources and investor solutions, and treasury services. Mellon has more than $3.7 trillion in assets under management, administration or custody, including $670 billion under management. Its asset management companies include The Dreyfus Corporation and U.K.-based Newton Investment Management Limited. News and other information about Mellon is available at www.mellon.com.