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Bank of New York Mellon (BNY Mellon) 

“Market Cap $40.25 B As of May 2014

At a Glance

  • Industry: Major Banks
  • Founded: 1784
  • Country: United States
  • CEO: Gerald Hassell
  • Website: www.bnymellon.com
  • Employees: 51,100
  • Sales: $15.1 B
  • Headquarters: New York, New York

Forbes Lists

#214 Global 2000

  • #631 in Sales
  • #319 in Profit
  • #84 in Assets
  • #248 in Market value
Profile

The Bank of New York Mellon Corp. is a bank holding company, which engages in global financial services. It provides financial services for institutions, corporations and high-net-worth individuals, offering investment management and investment services through a worldwide client-focused team. The company operates through three segments: Investment Management, Investment Services and Other. The Investment Management segment includes the former asset management and wealth management businesses. The Investment Services segment includes the former asset servicing, issuer services and clearing services businesses, as well as the cash management business previously included in the former treasury services business. The Other segment includes credit-related activities previously included in the treasury services business, the lease financing portfolio, corporate treasury activities, including the investment securities portfolio, equity investments in Wing Hang Bank and ConvergEx group, business exits and corporate overhead. The Bank of New York Mellon traces its roots back to Bank of New York which was founded by Alexander Hamilton in 1784. The company was founded on July 1, 2007 as a result of the merger of The Bank of New York and Mellon Financial Corp. and is headquartered in New York, NY.

“Bank of New York Mellon Story

The Definition of Long-Term Success

We were founded in 1784 by Alexander Hamilton and are the oldest, continuously operating financial institution in the U.S. We have endured and prospered through every economic turn and market move since our founding over 230 years ago. Today, we remain remarkably strong as we help individuals and institutions to invest, conduct business and mitigate risks in markets around the world.”

*Information from Forbes.com and Bnymellon.com

**Video published on YouTube by “BNY Mellon