CIBC Mellon was founded in 1996 as a joint venture between the Canadian Imperial Bank of Commerce (hereafter CIBC) and the Mellon Financial Corporation (hereafter Mellon) to offer asset servicing to institutional investors. While commonly known as CIBC Mellon, the company is comprised of two sister companies, CIBC Mellon Trust Company and CIBC Mellon Global Security Services Company (Compagnie Trust CIBC Mellon and Société de services de titres mondiaux CIBC Mellon in French respectively).
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