Bank of New York Mellon
The Bank of New York Mellon Corporation, doing business 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.
The Bank of New York Mellon Corp. operates as a holding company, which engages in the provision of global financial services. It provides financial services for institutions, corporations and high-net-worth individuals, offering investment management and investment services. It operates through the following segments: Investment Management, Investment Services, and Others. The Investment Services segment includes alternative investment services, asset servicing, broker-dealer services, corporate trust, depository receipts, pershing clearing services, and treasury services. The Investment Management segment offers investment strategies, investment vehicles, and wealth management. The Others segment includes credit-related services, leasing portfolio, corporate treasury activities, equity interest in ConvergEx Group, business exits, and corporate overhead. The company was founded by Alexander Hamilton on July 1, 2007 and is headquartered in New York, NY.