Mellon Bank Corporation
 |
|
| Public company | |
| Traded as | : BK S&P 100 Component S&P 500 Component |
| Industry | Banking, Financial services |
| Predecessor |
Bank of New York founded June 9, 1784 Mellon Financial |
| Founded | July 1, 2007 |
| Headquarters | 225 Liberty Street, Manhattan, New York, United States |
|
Area served
|
Worldwide |
|
Key people
|
Gerald Hassell (Chairman & CEO) |
| Products | Corporate banking, Investment banking, Global wealth management, Financial analysis, Private equity |
| Revenue |
 US$15.237 billion (2016) |
|
US$4.725 billion (2016) |
|
|
US$3.548 billion (2016) |
|
| AUM |
US$1.72 trillion (Q4 2016) |
| Total assets |
 US$333.469 billion (2016) |
| Total equity |
US$35.269 billion (2016) |
|
Number of employees
|
52,000 (Dec 2016) |
| Website | www |
The Bank of New York Mellon Corporation, commonly referred to as BNY Mellon, is an American worldwide banking and financial services holding company headquartered in New York City. It was formed on July 1, 2007, as a result of the merger of The Bank of New York and Mellon Financial Corporation.
BNY Mellon is the world's largest custodian bank with more than $30.5 trillion in assets in custody. It also has over $1.72 trillion in assets under management.
The Bank of New York is the oldest banking corporation in the United States, and the 20th-oldest bank in the world, having been established on June 9, 1784, by American Founding Father Alexander Hamilton.
The Bank of New York was founded by Alexander Hamilton on June 9, 1784, in the old Walton Mansion in New York City. Due to local politics, it wasn't able to procure a charter until 1791. The President of the new bank was former Major General Alexander McDougall and the Cashier was William Seton.
The bank provided the United States government its first loan in 1789. The loan was orchestrated by Hamilton, then Secretary of the Treasury, and it paid the salaries of United States Congress members and President George Washington. The Bank of New York was the first company to be traded on the New York Stock Exchange when it first opened in 1792.
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Wikipedia