- Business
- The Bank of New York Mellon Corporation The Bank of New York Mellon Corporation (Ticker: 0HLQ.L) operates as a global financial services company, providing investment services, wealth management, and custody solutions to institutions, corporations, and individuals worldwide. The company offers core products and services including asset servicing, issuer services, alternative investment services, broker-dealer services via BNY Pershing, corporate trust services, treasury services, global collateral management, foreign exchange, securities lending, middle- and back-office outsourcing, and depository receipts; its key subsidiaries encompass BNY Investments, which manages nearly $2 trillion in assets across specialist firms such as Insight Investment and Newton Investment Management, BNY Wealth for private banking and family office services, and BNY Pershing for clearing, custody, and trading support. Founded in 1784 through the lineage of the Bank of New York and formed in its current structure via the 2007 merger with Mellon Financial, the company maintains headquarters at 240 Greenwich Street in New York City and conducts operations across 35 countries in the Americas, Europe, the Middle East, Africa, and Asia-Pacific, serving over 90% of Fortune 100 companies, top pension plans, and leading banks.
In recent developments, The Bank of New York Mellon Corporation simplified its branding to BNY in June 2024, renaming units to BNY Investments, BNY Wealth, and BNY Pershing; it entered a strategic partnership with WisdomTree Inc. on October 28, 2025, to advance digital assets capabilities. The company also collaborated with Accenture in April 2024 to enhance data management, analytics, and platform engineering for private markets and wealth management expansion, and agreed in September 2024 to acquire Archer Holdco, LLC, to bolster its enterprise platform for retail managed accounts and multi-custodial networks. These initiatives support ongoing growth in assets under custody and administration, which exceeded $52.1 trillion, and assets under management at $2.1 trillion as of September 2024, alongside advancements in real-time payments and FedNow adoption.