The Bank of New York Mellon's Treasury Services group expects to add 135 positions to its operations area in Pittsburgh this year. That will bring to 755 the number of new Pittsburgh-based jobs the company has announced since January 2007.
When Bank of New York and Mellon merged, the firm promised to create between 1,000 and 2,000 jobs in Pittsburgh. The city "remains a key global growth center, and our businesses here continue to thrive," remarked Robert P. Kelly, Bank of New York Mellon's chief executive. BNY Mellon is one of the region's largest employers, some 6,550 employees in the area at the end of 2008's first quarter.
The bank's Treasury Services Group helps clients optimize cash flow, manage liquidity and make payments efficiently in more than 100 currencies. It provides services to aid global payments, trade services, cash management, capital markets, foreign exchange and derivatives.