Bank of new york mellon
The Bank of New York Mellon (BNY Mellon) is a global investment management and investment services company. Here are some key facts about the company:
History: BNY Mellon was formed in 2007 through the merger of The Bank of New York and Mellon Financial Corporation. The company has a rich history dating back to 1784, when the Bank of New York was founded.
Business: BNY Mellon provides a range of services to institutional clients, including:
- Investment management: The company offers a range of investment products, including equities, fixed income, alternatives, and multi-asset solutions.
- Investment services: BNY Mellon provides custody, accounting, and fund services to institutional clients.
- Brokerage: The company offers brokerage services to institutional clients, including trading, execution, and settlement.
- Wealth management: BNY Mellon provides wealth management services to high net worth individuals and families.
Assets under management: As of 2022, BNY Mellon has approximately $2.2 trillion in assets under management (AUM).
Employees: The company has around 50,000 employees worldwide.
Locations: BNY Mellon has operations in over 35 countries, with major offices in New York, London, and Hong Kong.
Revenue: In 2020, BNY Mellon reported revenue of $15.4 billion.
Stock performance: BNY Mellon's stock (BK) is listed on the New York Stock Exchange (NYSE) and has a market capitalization of around $50 billion.
Awards and recognition: BNY Mellon has received numerous awards and recognition for its investment management and investment services, including:
- Best Custodian in the World (Global Custodian Awards)
- Best Investment Manager (Institutional Investor Magazine)
- Best Brokerage Firm (Financial Times)
- Most Admired Company in the Financial Services Industry (Fortune Magazine)
Overall, BNY Mellon is a leading global investment management and investment services company with a long history and a strong reputation in the financial industry.