Bank of New York Mellon Corp. (BNY Mellon) is a global financial services company formed on 1 July 2007 as result of the merger of The Bank of New York and Mellon Financial Corporation. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. Net income: US$ 2.518 billion (for 2010).
BNY Mellon has $25 trillion in assets under custody and administration and $1.17 trillion in assets under management, services $12.0 trillion in outstanding debt and processes global payments averaging $1.6 trillion per day (as of April 15, 2011). BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation.
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Bank of New York Mellon :: Press Releases
20.07.2011 BNY Mellon reports second quarter net income applicable to common shareholders of US$ 735 million, compared with net income of US$ 658 million in the second quarter of 2010.
16.04.2011 Bank receives award for best trade finance bank in Asia, 2011. Every year, The Asian Banker magazine recognises achievements in the key business areas of the banking industry. More
11.11.2010 BNY Mellon celebrated its 40th anniversary in Taiwan this week (8-12 November) with client and employee events that marked the company's history of innovation and stability. More
26.10.2010 BNY Mellon, the global leader in asset management and securities servicing, today announced the launch of a mobile application for its Remit Worldwide(SM) service. More
19.10.2010 BNY Mellon today reported third quarter income from continuing operations applicable to common shareholders of $625 million. More
Financial News
Three Swiss bankers indicted by U.S. in tax crackdown - 09.01.2012 U.S. authorities are moving toward taking legal action against Wegelin & Co., which could lead to an indictment of one of Switzerland's last pure private banks, on charges that it enabled wealthy Americans to evade taxes, according to two persons with knowledge of the case. Source: Reuters
Islamic finance assets to hit US$ 1.1 trillion in 2012 - 22.11.2011 Islamic finance assets around the world are expected to climb 33% from their 2010 levels to $1.1 trillion by the end of 2012, boosted by the aftermath of the Arab Spring uprisings and dissatisfaction with conventional finance in the wake of the global debt crisis, consultants Ernst & Young said in a report on Tuesday. Source: Reuters
Spanish bank ratings downgraded by Fitch and S&P - 12.10.2011 Two leading credit rating agencies have downgraded some of Spain's largest banks, citing a deteriorating outlook for the Spanish economy. Source: BBC News
Spotlight on Islamic Retail Banking – strategies for fast growing industry - 07.10.2011 Islamic Banking is young but fast growing industry what brings challenges as need for standardization, expanding at the market (now < 1% population is banking Islamic Banks), lack of public awareness about Islamic Banking (misinterpretation) and limited resources of qualified people in this particular industry. Source: Fleming Gulf
JBIC inks $43bn credit line pact with Japan banks - 05.10.2011 The Japan Bank for International Cooperation (JBIC) said Wednesday that it has signed separate pacts with three major Japanese banks to give them a combined $43 billion, or Y3.3 trillion, credit line, as part of the government's steps to encourage companies to go ahead with M&As overseas. Source: Nikkei
U.S. banks begin charging monthly debit-card fees - 01.10.2011 Get ready for a new wave of bank fees. Bank of America will begin charging a $5 monthly fee at the beginning of next year for customers who make debit card purchases. Source: CNNMoney
Bank of New York Mellon Corp. (BNY Mellon) is a global financial services company formed on 1 July 2007 as result of the merger of The Bank of New York and Mellon Financial Corporation. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. Net income: US$ 2.518 billion (for 2010).
MEMBER FDIC (each depositor insured to at least $250,000).
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