Mellon Financial Corp. announced Monday that it had opened its first office in China.
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Mellon Global Investment Ltd., the Pittsburgh banking company's international distribution subsidiary, opened an office in Beijing and appointed Xu Jin as chief representative in charge. Ms. Jin is to be responsible for broadening awareness of the Mellon brand in China.
Ronald P. O'Hanley, a Mellon vice chairman and the president of Mellon Asset Management, said this is the first step in the bank's development in China.
