In Brief: Mellon Starts Advice Unit for Outsourcing

Mellon Financial Corp. said Thursday that it is starting Mellon Global Professional Services, a provider of value-added consulting services to software and outsourcing clients.

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David Palten, the president and chief executive officer of Eagle Investment Systems, is to take the same roles in the new unit. It is to be part of the Pittsburgh banking company's investment manager solutions group, which was formed last year to include Eagle Investment Systems, Global Investment Administration, Mellon European Fund Services, and Russell/Mellon.


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