The Bank of New York Mellon Corporation

Global custody bank that safeguards, services and manages investors' assets

What Bank of New York Mellon does

BNY is one of America's oldest banks. Its main job is holding and keeping records of securities for big investors like pension funds, asset managers, central banks and insurers. It also clears trades, moves cash and payments, lends securities, and manages money for institutions and wealthy families.

How Bank of New York Mellon makes money

It mainly earns fees on the assets it holds in custody, administers and manages, plus fees for clearing, payments, FX and securities lending. It also earns interest on client cash deposits.

Products & services

• Custody and fund accounting services
• Clearing and tri-party collateral services
• Treasury and cash management (payments, liquidity, trade finance)
• Securities lending and foreign exchange
• Investment management and wealth management
• Depositary receipts and corporate trust services