"BNY" redirects here. For other uses, see BNY (disambiguation).
The Bank of New York Mellon Corporation
Headquarters at 240 Greenwich Street
Company type
Public
Traded as
NYSE: BK
S&P 100 component
S&P 500 component
Industry
Banking
Financial services
Predecessors
Bank of New York (founded 1784)
Mellon Financial (founded 1870)
Founded
July 1, 2007; 16 years ago (2007-07-01)
Headquarters
240 Greenwich Street Manhattan, New York City, U.S.
Area served
Worldwide
Key people
Robin Vince (CEO)
Dermot McDonogh (CFO)
Products
Securities services
Corporate banking
Investment banking
Global wealth management
Financial analysis
Private equity
Revenue
US$17.50 billion (2023)
Operating income
US$4.088 billion (2023)
Net income
US$3.051 billion (2023)
AUM
US$1.974 trillion (2023)
Total assets
US$409.9 billion (2023)
Total equity
US$40.87 billion (2023)
Number of employees
c. 53,400 (December 2023)
Subsidiaries
BNY Mellon Investment Management
Website
BNYMellon.com
Footnotes / references [1]
The Bank of New York Mellon Corporation, commonly known as BNY Mellon, is an American banking and financial services corporation headquartered in New York City. The bank offers investment management, investment services, and wealth management services.[2] BNY Mellon was formed from the merger of The Bank of New York and the Mellon Financial Corporation in 2007. It is the world's largest custodian bank and securities services company,[3][4][5] with $1.8trillion in assets under management and $45.7trillion in assets under custody as of 2023.[6] It is considered a systemically important bank by the Financial Stability Board.
Through its Bank of New York predecessor, it is the oldest bank in the United States and the first listed on the New York Stock Exchange. It is regarded as being among the oldest banks in the world, having been established in June 1784 by a group that included American Founding Father Alexander Hamilton.[7] T. Mellon and Sons Bank, was founded in Pittsburgh in 1869 by Thomas Mellon and his sons Richard and Andrew, the latter of whom later became Secretary of the US Treasury.[8] The bank replaced its name with Mellon National Bank in 1902.[8]
^"The Bank of New York Mellon Corporation 2023 Annual Report". U.S. Securities and Exchange Commission. Retrieved February 28, 2024.
^"Meaghan Muldoon to spearhead sustainability at BNY Mellon". FinTech Global. May 25, 2023. Retrieved December 4, 2023.
^Cite error: The named reference Teather06 was invoked but never defined (see the help page).
^Cite error: The named reference Fitzpatrick07 was invoked but never defined (see the help page).
^Cite error: The named reference Tascarella07 was invoked but never defined (see the help page).
^"About BNY Mellon". www.bnymellon.com. Retrieved March 8, 2021.
^Cite error: The named reference Globe2011 was invoked but never defined (see the help page).
^ abLoosvelt, Derek; Vault (Firm) (2006). Vault Guide to the Top Financial Services Employers. New York: Vault Inc. p. 298. ISBN 978-1-58131-416-8.
The Bank of New York Mellon Corporation, commonly known as BNYMellon, is an American banking and financial services corporation headquartered in New York...
of New York, to form BNYMellon. After regulatory and shareholder approval, the banks completed the merger on July 2, 2007. Mellon was opened in January...
CIBC Mellon Trust company and CIBC Mellon Global Securities Services Company. On 16 February 2010, The Wall Street Journal reported that BNY Trust Co...
Farmers' Bank of Albany Mellon Financial Buildings 1 Wall Street BNYMellon Center (Philadelphia) BNYMellon Center (Pittsburgh) Mellon National Bank Building...
Asset Management, which specialised in fixed income investments. In 2009, BNYMellon acquired Insight from Lloyds Banking Group, which formally acquired HBOS...
of New York (now BNYMellon) in 2003. Pershing has nearly $1.9 trillion in assets under administration. The Bank of New York Mellon has more than $35...
headquartered in New York City. Dreyfus currently is a subsidiary of BNYMellon Investment Management. The firm's origin dates back to 1947, when investor...
president of Wells Fargo. He was previously the CEO of Visa Inc. and BNYMellon. Scharf earned a Bachelor of Arts from Johns Hopkins University and a...
Challenging BNYMellon As Largest Custody Bank". November 16, 2017. {{cite magazine}}: Cite magazine requires |magazine= (help) "State Street leapfrogs BNY Mellon...
Irving Trust Company Building, the Bank of New York Building, and the BNYMellon Building) is a mostly residential skyscraper in the Financial District...
global provider of financial services technology and a subsidiary of BNYMellon. Founded in 1989 and based in Wellesley, Massachusetts, Eagle has 15 offices...
is a investment management firm based in London. It is subsidiary of BNYMellon Investment Management. The firm was founded as Newton in 1978 as a joint...
founded by James O'Shaughnessy. On May 31, 2022, it was announced that BNYMellon Investment Management would sell Alcentra to Franklin Templeton. The transaction...
Farmers' Bank of Albany Mellon Financial Buildings 1 Wall Street BNYMellon Center (Philadelphia) BNYMellon Center (Pittsburgh) Mellon National Bank Building...
family bank would go on to merge with the Bank of New York to become BNYMellon. The family also founded the National Gallery of Art in Washington, D...
from banks such as BNYMellon and JPMorgan Chase, and that Mastercard had "no bearing on the decision". Stokely said that BNYMellon had "flagged and rejected"...
third-largest office building by square feet in downtown Pittsburgh. In 2016, BNYMellon sold the building for $67.65 million. 525 William Penn Place was one of...
founder of Mellon Bank and patriarch of the Mellon family of Pittsburgh. Mellon was born to farmers Andrew Mellon and Rebecca Wauchob on February 3, 1813...
2021, Amundi announced a partnership with BNYMellon to integrate the ‘OMNI’ tools developed by BNYMellon into Amundi Technology's offering, for clients...
building in Pennsylvania. The second-tallest skyscraper in the city is BNYMellon Center, which rises 725 feet (221 m). The history of skyscrapers in Pittsburgh...
BNYMellon, which owns the building. Following the September 11 attacks in 2001, the building suffered moderate damage. In October 2018, BNYMellon acquired...
Global Information
US$17.50 billion (2023)