#7. The Bank of New York Mellon ($195,164,000,000)

The Bank of New York Mellon
One Wall Street
New York, NY 10286
http://www.bnymellon.com

 

  1. Background
The Bank of New York Mellon is affiliated with the Bank of New York Mellon Corporation, a global financial services company formed on July 1, 2007 as a result of the merger of The Bank of New York and Mellon Financial Corporation.  Bank of New York itself was originally founded by Alexander Hamilton in 1784.

FDIC Certificate # 639
Bank Charter Class Commercial Bank
Asset Concentration International Specialization
Product Specialty Provide asset management, asset servicing, wealth management, issuer services, treasury services, and broker-dealer & advisor services.


  1. Key Information & News

Number of Branches: 18 offices in the U.S.
Number of Employees: 28,905 employees.

Executives
CEO Richard Brueckner
CFO Thomas P. (Todd) Gibbons
CRO Brian G. Rogan

2008 News
  • In February 2008, the company experienced a data spill, losing an undisclosed number of tapes containing customer information.  Victims of the data spill were offered two years of credit monitoring.
  • In late November 2008, the company announced that due to the global financial crisis, the company would be laying off 1,800 employees, translating into 4% of its global work force, with CEO Robert Kelly citing the need to "reduce expenses" past any post-merger plans.

  1. Financial Data Overlay
Bank Financial Snapshots
Assets $195,164 millions 68.70%
Liabilities $183,791 millions 72.30%
Net Income $1,235 millions 5.90%

 

 

 

 

 

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