Institutional investors, high-net-worth individuals and families, endowments and foundations call on Bank of New York Mellon Corp. to manage their financial assets. Through various subsidiaries, it has $25.8 trillion under its administration and manages an additional $1.26 trillion. BNY Mellon also services $11.8 trillion in outstanding debt and processes global payments averaging $1.5 trillion per day.
The bank operates in more than 100 markets in 36 countries. It dates from 1784 (Alexander Hamilton was a co-founder) and maintains headquarters at 1 Wall Street in New York. BNY Mellon has 49,000 employees. Last year’s revenues amounted to $14.73 billion, and the bank ranks No. 166 on the Fortune 500.
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