Bank of new york mellon corp

The Bank of New York Mellon Corporation, commonly referred to as BNY Mellon, is a global financial services company headquartered in New York City. 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 Bank of New York was founded in 1784, making it one of the oldest banks in the United States.

Services: BNY Mellon provides a range of financial services, including:

  1. Investment Management: BNY Mellon is one of the largest investment management companies in the world, with over $2.2 trillion in assets under management.
  2. Investment Services: The company provides custody, accounting, and fund services to institutional investors, including pension funds, endowments, and sovereign wealth funds.
  3. Treasury Services: BNY Mellon offers cash management, trade finance, and foreign exchange services to corporations and financial institutions.
  4. Markets: The company provides trading and market-making services in fixed income, currencies, and commodities.

Business Segments: BNY Mellon operates through three main business segments:

  1. Investment Management: This segment includes the company's investment management businesses, including Mellon Capital Management and BNY Mellon Investment Management.
  2. Investment Services: This segment includes the company's custody, accounting, and fund services businesses.
  3. Treasury Services: This segment includes the company's cash management, trade finance, and foreign exchange services businesses.

Subsidiaries: BNY Mellon has several subsidiaries, including:

  1. Pershing LLC: A broker-dealer and financial services company that provides clearing, custody, and execution services to financial advisors and institutions.
  2. BNY Mellon Asset Management: A global investment management company that offers a range of investment products and services.
  3. BNY Mellon Investment Management: A global investment management company that offers a range of investment products and services.

Financials: BNY Mellon is a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol BK. As of 2022, the company has a market capitalization of over $50 billion and employs over 50,000 people worldwide.

Awards and Recognition: BNY Mellon has received numerous awards and recognition for its services and products, including:

  1. "Best Custodian" by Global Custodian magazine
  2. "Best Investment Manager" by Financial Times magazine
  3. "Best Treasury Services Provider" by Euromoney magazine

Overall, BNY Mellon is a leading global financial services company that provides a range of services to institutional investors, corporations, and financial institutions.