BNY Mellon

BNY Mellon is the legacy name of The Bank of New York Mellon Corporation, now branded BNY. Its roots reach back to The Bank of New York, founded by Alexander Hamilton in 1784; the modern company was created in 2007 through the merger of The Bank of New York and Mellon Financial Corporation.

The firm operates across Securities Services, Market and Wealth Services, and Investment and Wealth Management. Its services include custody and asset servicing, fund administration, issuer services, broker-dealer clearing, collateral management, payments, wealth management and investment management.

BNY is especially strong in institutional financial infrastructure: safeguarding assets, processing transactions, supporting securities issuance and providing data and liquidity services. It oversees $59.3 trillion in assets under custody or administration and $2.2 trillion in assets under management, making custody and asset servicing more central to its identity than traditional consumer banking.