Thursday, February 18, 2010

The Bank of New York Mellon

BNY Mellon Corporation (NYSE: BK) is a global financial services company formed on 1 July 2007 as result of the merger of The Bank of New York and Mellon Financial Corporation.[5] The company employs about 42,900 staff worldwide and has over US$928 billion in assets under management and $20.2 trillion in assets under custody and administration.[4] It operates in six primary financial services sectors including asset management, asset servicing, wealth management, broker-dealer and advisory services, issuance services, and treasury services.[6] It is the oldest banking corporation in the United States, tracing its origins to the establishment of the Bank of New York in 1784, by American Founding Father Alexander Hamilton.

No comments: