The Bank of New York Mellon

Custody and securities-servicing bank

Overview

The Bank of New York Mellon, the main banking subsidiary of the BNY group, reported consolidated assets of US$425.1bn at 30 June 2026.[1] Its business is concentrated in custody, asset servicing and payments rather than consumer lending. Forbes traces the group to Alexander Hamilton’s founding of the Bank of New York in 1784 and lists revenue of US$40.7bn.[2]

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