BNY Mellon's Pershing Unit Promotes Crowley To COO

Aug 30 2017 | 9:34pm ET

BNY Mellon's Pershing brokerage unit has promoted senior relationship management executive Jim Crowley to the position of chief operating officer, effective immediately.

Crowley was most recently the firm’s chief relationship officer, overseeing relationship management strategy across its businesses and collaborating on strategic relationships across BNY Mellon. Beforehand, he served in a variety of operational areas, including a role at the New York Stock Exchange before leading the marketing and business development efforts for Pershing's fixed income business. He joined Pershing in 1982.

In addition to his new duties as COO, Crowley will also serve as a member of the Pershing executive committee and BNY Mellon's senior leadership team, the company said in a statement. 

Pershing and its affiliates provide advisors, broker-dealers, family offices, hedge fund and '40 Act fund managers, RIAs and wealth managers with a broad suite of global financial business solutions including clearing & custody, investment solutions, technology, enterprise data management, trading services, prime brokerage and business consulting.  

BNY Mellon is a global financial services giant serving institutions, corporations and individual investors. As of June 30, 2017, BNY Mellon had $31.1 trillion in assets under custody and/or administration, and $1.8 trillion in assets under management. 

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