The Bank of New York Mellon Corporation (BNY Mellon) is a global company headquartered in New York, providing financial services. It has $47.8 trillion in assets under custody and/or administration and $2.0 trillion in assets under management as of December 31, 2023. BNY Mellon operates through three main business segments: Securities Services, Market and Wealth Services, and Investment and Wealth Management. The company's core business involves trust and custody activities, investment management services, banking services, and various securities-related activities. BNY Mellon has been in business since 1784.

• Employees: 53,400 (full-time, as of December 31, 2023)
• Geographic Footprint: Global, with significant presence in the U.S., Europe, the Middle East, Africa, and Asia-Pacific.
• Headquarters: New York, New York
• Founded: 1784
• Number of locations/facilities: Not specified in detail, but includes offices and commercial space globally.
• Revenue: Not explicitly stated in this section.
• Market Share: Not explicitly stated in this section.
• Key Subsidiaries/Brands: The Bank of New York Mellon, BNY Mellon, N.A., The Bank of New York Mellon SA/NV, and several other trust and investment subsidiaries.

• CEO: Robin Vince (since September 2022)
• CFO: Dermot McDonogh (since February 2023)
• Other Key Executives:
  • Catherine Keating (Senior Executive Vice President and Global Head of Wealth Management)
  • Jayee Koffey (Senior Executive Vice President, Global Head of Enterprise Execution and Chief Corporate Affairs Officer)
  • Senthil Kumar (Senior Executive Vice President and Chief Risk Officer)
  • Kurtis R. Kurimsky (Vice President and Controller)
  • J. Kevin McCarthy (Senior Executive Vice President and General Counsel)
  • Roman Regelman (Senior Executive Vice President and Global Head of Securities Services and Digital)
  • Hanneke Smits (Senior Executive Vice President and Global Head of Investment Management)

Key leaders have extensive experience in financial services and related industries.

• Annual Revenue: Not explicitly stated in this section.
• Net Income: Not explicitly stated in this section.
• Market Cap: $34.64 billion (as of June 30, 2023, for non-affiliates)
• Total Assets: $47.8 trillion (assets under custody and/or administration) and $2.0 trillion (assets under management) as of December 31, 2023
• Key Financial Highlights: Not explicitly stated in this section.
• Employees: 53,400 (full-time, as of December 31, 2023)

BNY Mellon provides a wide array of financial products and services.

• Securities Services: Includes asset servicing and issuer services, global custody, and collateral management.
• Market and Wealth Services: Includes treasury services and clearance.
• Investment and Wealth Management: Includes investment management and wealth management services.
• Other Services: Includes leasing, corporate treasury, derivatives, and bank-owned life insurance.

BNY Mellon operates through three main business segments:

• Securities Services: Provides services such as asset servicing and issuer services.
• Market and Wealth Services: Offers treasury services and clearance.
• Investment and Wealth Management: Focuses on investment management and wealth management.

BNY Mellon focuses on building a global team that is inclusive and diverse. The company aims to empower its teams, make unique contributions, and build purposeful careers. Key initiatives include talent development, employee engagement, and maintaining a safe and inclusive workplace. BNY Mellon also focuses on innovation and leveraging technology to improve its services.

• Key strategic initiatives: Focus on talent, diversity, and inclusion.
• Growth drivers: Leveraging technology, expanding global reach.
• Investment priorities: Employee wellbeing, technology, and innovation.

BNY Mellon operates in the highly competitive financial services industry.

• Market Position: A major global financial services provider.
• Key Competitors: Domestic and international financial services firms, technology service providers, investment management firms, and other financial companies.
• Industry Trends: Intense competition, technological advancements, and regulatory changes.

• Operational Risks: Errors or delays in operations, failures in risk management models, technology disruptions, and cybersecurity incidents.
• Market Risks: Weakness and volatility in financial markets, changes in interest rates, and unrealized losses on securities.
• Regulatory Risks: Extensive government rulemaking and supervision, regulatory enforcement actions, and failure to meet regulatory standards.
• Strategic Risks: Competition, inability to attract and retain employees, and risks associated with new business lines and strategic initiatives.