Pittsburgh-based Mellon Bank Corp. has joined a growing list of the nation's largest banking companies that offer stock options to rank-and- file employees.

The program, which grants options to all of Mellon's full-time workers and most of its part-time staff, is part of a six-month-old plan to make Mellon the "employer of choice," said chairman and chief executive officer Martin G. McGuinn.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.