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The Bank of New York Mellon Corporation

The Bank of New York Mellon Corporation

The Bank of New York Mellon Corporation, commonly referred to as BNY Mellon, is a leading American investment banking and financial services holding company headquartered in New York City. Established in 2007 through the merger of The Bank of New York and Mellon Financial Corporation, BNY Mellon stands as the world’s largest custodian bank and securities services provider. As of Q2 2021, it manages $2.4 trillion in assets and oversees $46.7 trillion in assets under custody. Recognized as a systemically important bank by the Financial Stability Board, BNY Mellon is incorporated in Delaware.

The company traces its origins to The Bank of New York, one of the three oldest banking institutions in the United States, founded in June 1784 by prominent figures including Alexander Hamilton and Aaron Burr. Its Mellon Financial roots date back to 1869, when T. Mellon and Sons Bank was established in Pittsburgh by Thomas Mellon and his sons, Richard and Andrew. Andrew W. Mellon later served as U.S. Secretary of the Treasury, solidifying the Mellon family’s legacy in American finance.

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New York, US