NU Online News Service, July 10, 11:53 a.m. – Mellon Financial Corp., Pittsburgh, is combining two subsidiaries to form a new employee benefits unit, Mellon Employee Benefit Solutions.
The new Mellon benefits unit will help employers set up and run health and welfare plans, traditional pension plans and defined contribution retirement plans.
The unit will have a staff of 800 and main offices in New York. It will start with regional offices in Uniondale, N.Y.; Everett, Mass.; Secaucus, N.J.; San Diego; and Fort Wayne, Ind.