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Bank of New York
Bank of New York is to acquire Mellon Financial of the US for £8.4bn, which could lead to the loss of more than 500 jobs at UK sites including London, Leeds, Edinburgh and Essex.
Bank of New York is planning to relocate about 200 Poole-based staff from its recently-acquired JP Morgan corporate trust business to a new office in the town centre early next year.
Bank of New York has announced plans to double the size of its new Manchester operation, with the site employing 350 staff by the end of 2006 and 750 in a few years.
Bank of New York is to acquire 80% of Alcentra, the London-based fund manager, for an estimated £172m.
Bank of New York is said to be considering plans to relocate some of its back-office functions and hundreds of jobs from London to Manchester.
Bank of New York is looking to set up a new office in Manchester, and is seeking a site larger than 100,000 sq ft.