BNY Mellon targets renminbi business

BNY Mellon is building its China team in an effort to woo more mainland clients with an increased product offering, such as renminbi foreign exchange and money market services.

BNY Mellon targets renminbi business

Bank of New York Mellon has appointed Sunny Xiao-Xia Sun as head of global client management in China. In this newly created position, Sun will report to Eleni Wang, head of global client management for Asia-Pacific, and will focus on ensuring Chinese clients have greater awareness and access to the company’s investment management solutions.

Sun, based in Beijing, joined BNY Mellon in 1998 and became a relationship manager in the corporate banking division in New...

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