INTERVIEW: Susan Revell, deputy chair & general counsel, EMEA at BNY Mellon

Author: Amélie Labbé | Published: 11 Dec 2018

Susan Revell, deputy chair and general counsel, EMEA at BNY Mellon, addresses some of the key regulatory themes that have affected the EU this year

[Pre-Brexit], our focus is on enhancing our capabilities in our EU bank so that we can offer our clients optionality

How is Brexit impacting the day-to-day running of the business?

It may possibly be helpful to first share some background. BNY Mellon has been undertaking a planned restructuring of the bank's EMEA operating model for some time. This started before I joined five years ago.

The company has moved from having eight banking entities in the EU to a three-bank model – the London branch of our US institutional bank; our UK bank and; our European bank, headquartered in Brussels with an extensive branch network across the EU. Our three-bank model enables us to deliver services and solutions to clients based on clients' needs and...