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Claim this company →BNY is the world's largest custodian bank and securities services company, headquartered in New York City with major offices in Pittsburgh, Pennsylvania. The company was founded in 1784 by a group that included Alexander Hamilton, and in its current form was established in July 2007 through the merger of Bank of New York and Mellon Financial Corporation.
BNY operates through three business segments: Securities Services, Market and Wealth Services, and Investment and Wealth Management. As of late 2024, the company reported annual revenue of $18.55 billion, and manages $52.1 trillion in assets under custody and/or administration, and $2.1 trillion in assets under management. In 2024, BNY was ranked 130th on the Fortune 500 list and is the 13th-largest bank in the United States by total assets.
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Sources
- Bank of New York Mellon (BNY Mellon) - Companies History
- BNY - Wikipedia
- Bank of New York Mellon Corp - Form 424B2 - FY2024
- Bank of New York Mellon Corp - Form 8-K - Robin Vince Chairman Election
Auto-generated profile. Facts compiled by Executive Moves' AI editorial assistant from publicly available news and press releases on 22 May 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
