-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SwX9J4ECoERMj7X+Vw95/FKDvi5za9r+M4eqHMLnOxDzlTSo8LpvM+9FUmCcgy2A WlgaFR4NSmAIJuEh+68yHg== 0000009626-06-000256.txt : 20061003 0000009626-06-000256.hdr.sgml : 20061003 20061003152705 ACCESSION NUMBER: 0000009626-06-000256 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20061003 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20061003 DATE AS OF CHANGE: 20061003 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BANK OF NEW YORK CO INC CENTRAL INDEX KEY: 0000009626 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 132614959 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-06152 FILM NUMBER: 061124237 BUSINESS ADDRESS: STREET 1: ONE WALL ST 10TH FL CITY: NEW YORK STATE: NY ZIP: 10286 BUSINESS PHONE: 212-495-1784 MAIL ADDRESS: STREET 1: ONE WALL STREET 31ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10286 8-K 1 r8k100306.txt FORM 8-K 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8 - K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 2, 2006 THE BANK OF NEW YORK COMPANY, INC. ---------------------------------- (exact name of registrant as specified in its charter) NEW YORK 001-06152 13-2614959 -------- --------- --------- (State or other jurisdiction (Commission (I.R.S. employer of incorporation) file number) identification number) One Wall Street, New York, NY 10286 ----------------------------- ----- (Address of principal executive offices) (Zip code) 212-495-1784 ------------ (Registrant's telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act(17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) 2 Item 8.01 Other Events ------------ On October 2, 2006, the Company issued a press release related to the completion of the transaction resulting in the formation of BNY ConvergEx Group, LLC, which was first announced on June 30, 2006. A copy of the press release is included as Exhibit 99.1 to this Form 8-K and incorporated herein by reference in its entirety. ITEM 9.01 Financial Statements and Exhibits --------------------------------- Index to and Description of Exhibits (d) Exhibit No. Description ----------- ----------- 99.1 Press release, dated October 2, 2006, related to the formation of BNY ConvergEx Group, LLC. 3 SIGNATURE --------- Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: October 3, 2006 THE BANK OF NEW YORK COMPANY, INC. (Registrant) By: /s/ Bart R. Schwartz ------------------------- Name: Bart R. Schwartz Title: Corporate Secretary 4 EXHIBIT INDEX ------------- Exhibit No. Description - ----------- ----------- 99.1 Press release, dated October 2, 2006, related to the formation of BNY ConvergEx Group, LLC. EX-99 2 r8k100306ex991.txt EXHIBIT 99.1 1 Exhibit 99.1 For Immediate Release The Bank of New York Company, Inc. and BNY ConvergEx Group Complete Formation of Leading Institutional Trading and Investment Technology Firm NEW YORK, October 2, 2006 - The Bank of New York Company, Inc. announced today that it has completed the transaction resulting in the formation of BNY ConvergEx Group, LLC, first announced on June 30, 2006. The Bank joined forces with Eze Castle Software, LLC and GTCR Golder Rauner, LLC, a private equity firm, to form BNY ConvergEx Group. The new company brings together the Bank's trade execution, commission management, independent research and transition management businesses with Eze Castle Software, a leading provider of trade order management and related investment technologies. "BNY ConvergEx Group will be an entrepreneurial organization that harnesses the powerful and complementary offerings from our organization and Eze Castle Software to win and grow in a rapidly changing marketplace," said Thomas A. Renyi, chairman and chief executive officer of The Bank of New York Company. "BNY ConvergEx Group strengthens our product offering immediately and will enjoy an efficient and flexible capital structure to support its future growth." "Today marks the creation of a new, independent and nimble organization that ranks as one of the leading global agency brokerage and technology companies, offering a complete spectrum of pre-trade, trade, and post-trade solutions for traditional money managers, hedge funds, broker-dealers, corporations and plan sponsors," said Joseph M. Velli, chairman and chief executive officer of BNY ConvergEx Group. "We will move quickly to enhance and expand our product and service offerings, leveraging our collective experience and market leadership to anticipate our clients' needs and create sustainable growth for our organization." BNY ConvergEx Group's comprehensive suite of services, advanced technology offerings and breadth of distribution channels enable its customers to manage all aspects of the investment cycle, including idea generation, research, trade analysis, execution and wholesale clearing, risk management, commission management, transition management, compliance and portfolio management. In addition to Eze Castle Software, the Bank businesses that are now part of BNY ConvergEx Group are BNY Brokerage, including BNY Global Transition Management; Lynch, Jones & Ryan; G-Port; Westminster Research; and BNY Jaywalk. Each of these businesses will retain its respective brand name while taking advantage of the combined capabilities of BNY ConvergEx Group. - more - 2 The Bank of New York's B-Trade and G-Trade businesses are expected to become part of BNY ConvergEx Group in 2008, although in the interim they will continue to be owned by The Bank of New York. As an affiliate of the Bank, BNY ConvergEx Group will continue to be an integral part of the Bank's offerings, providing a broad array of agency brokerage, order management and global transition management solutions to the Bank's institutional clients worldwide. The BNY ConvergEx Group brand name reflects the convergence of technologies required to provide open solutions that span the investment cycle. With approximately 635 employees worldwide, BNY ConvergEx Group has a global presence in New York, Boston, San Francisco, Chicago, Dallas, Stamford, London, Bermuda, Tokyo, Hong Kong, and Sydney. The Bank of New York Company, Inc. (NYSE: BK) is a global leader in providing a comprehensive array of services that enable institutions and individuals to move and manage their financial assets in more than 100 markets worldwide. The Company has a long tradition of collaborating with clients to deliver innovative solutions through its core competencies: securities servicing, treasury management, asset management, and private banking. The Company's extensive global client base includes a broad range of leading financial institutions, corporations, government entities, endowments and foundations. Its principal subsidiary, The Bank of New York, founded in 1784, is the oldest bank in the United States and has consistently played a prominent role in the evolution of financial markets worldwide. Additional information is available at www.bankofny.com. ***** Contacts: Media: Investors: ------ ---------- Kevin Heine Joseph F. Murphy The Bank of New York 212-635-7740 212-635-1569 Kenneth A. Brause 212-635-1578 Margaret Farrell BNY ConvergEx Group 212-468-7708 -----END PRIVACY-ENHANCED MESSAGE-----