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BNY Mellon wins $7B in Israeli business

  • BNY Mellon (NYSE:BK) has been appointed by Tel Aviv's Clal Insurance to provide global custody, cash management, forex, and institutional accounting services for more than $7B in assets.
  • Mellon's Christopher Porter: "BNY Mellon is seeing significant growth in assets under custody and management in Israel."

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The Bank of New York Mellon Corporation