People Moves
BNY Mellon Plans To Shut Indiana Wealth Branch As More Clients Bank Online

BNY Mellon Wealth
Management has confirmed that it will close a Ligonier,
IN, office on November 15, 2013, as more clients conduct banking
business
online.
BNY Mellon, which has around 30 wealth management offices
around the US,
said it has no plans to close the other remaining office in
Ligonier.
In May, the New York-listed bank announced a two-year
recruiting campaign for its wealth management
business that will
result in the addition of around 100 new positions in the US and
abroad,
reflecting what the firm described as its “profound commitment”
to the wealth
management industry.
Since the announcement, the firm has made a number of senior hires including in Texas, Seattle, California, Florida and in the Mid-Atlantic region.
Click here to view an interview with Lawrence Hughes,
chief
executive of BNY Mellon Wealth Management, on this strategic
drive.