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Bank of New York Mellon Corporation, also called BNY Mellon, is a bank holding company, which engages in the provision of financial services. It operates through the following segments: Investment Management, Investment Services, and Other. Read More The Investment Management segment provides services to institutional and retail investors, as well as investment management, wealth and estate planning. The Investment Services segment includes institutional trust and custody fees, broker-dealer services, corporate trust, depositary receipts, and foreign exchange. The Other segment consists of leasing portfolio, corporate treasury, derivatives, and insurance services. The company was founded by Alexander Hamilton on June 9, 1784 and is headquartered in New York, NY.
New York, New York
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Seeking AlphaMar 21
Bank Of New York Mellon Positioned For Growth
Unlike other big banks who used the tax windfall to just buy back stock, the company invested in technology and cost saving programs for the future.
Simply Wall StMar 20
How Do Analysts See The Bank of New York Mellon Corporation (NYSE:BK) Performing In The Year Ahead?
Looking at The Bank of New York Mellon Corporation’s (NYSE:BK) earnings update on 31 December 2018, the consensus outlook from analysts appear somewhat bearish, as a 0.1% rise in profits is expected in the upcoming year, compared with the higher past 5-year average growth rate of 12%. By 2020, we can expect Bank of New York Mellon’s bottom line to reach US$4.1b, a jump from the current trailing-twelve-month of US$4.1b. Below is a brief commentary around Bank of New York Mellon’s earnings outlook going forward, which may give you a sense of market sentiment for the company.
Guru FocusMar 19
BNY Mellon Debuts Service to Evaluate Environmental, Social and Governance Factors in Investment Performance
NEW YORK, March 19, 2019 /PRNewswire/ -- BNY Mellon today announced the launch of a range of reporting tools that will enable clients to track their portfolio investments based on environmental, social and governance (ESG) issues and United Nations Global Compact (UNGC) principles.
Available Apr 17, Pre-Market