>BNYMellon
"BNY" redirects here. For other uses, see BNY (disambiguation).
The Bank of New York 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; 17 years ago
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 Increase US$17.50 billion (2023)
Operating income Increase US$4.088 billion (2023)
Net income Increase US$3.051 billion (2023)
AUM Increase US$1.974 trillion (2023)
Total assets Increase US$409.9 billion (2023)
Total equity Increase US$40.87 billion (2023)
Number of employees c. 53,400 (December 2023)
Subsidiaries BNY Investments Pershing
Website BNY.com
Footnotes / references
[1]
The Bank of New York Mellon Corporation, doing business as BNY, 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 was formed from the merger of The Bank of New York and the Mellon Financial Corporation in 2007. Following the merger, it adopted the brand name The Bank of New York Mellon, which was later simplified to BNY Mellon and later again to BNY. It is the world's largest custodian bank and securities services company,[3][4][5] with $2 trillion in assets under management and $48.8 trillion in assets under custody as of 2024.[6] It is considered a systemically important bank by the Financial Stability Board.