The Bank of New York Mellon (BNY Mellon) is a global financial services company formed on 1 July 2007 as result of the merger of The Bank of New York and Mellon Financial Corporation. The company has over US$1 trillion in assets under management and in excess of $20 trillion in assets under custody and administration. It operates in six primary financial services sectors including asset servicing, asset management, wealth management, broker-dealer and advisory services, issuance services, and treasury services.
20.04.2010 BNY Mellon today reported first quarter income from continuing operations applicable to common shareholders of $601 million, or $0.49 per common share. More
20.01.2010 The corporation today reported fourth quarter income from continuing operations applicable to common shareholders of $712 million, compared with $50 million in the fourth quarter of 2008 and a loss of $2.439 billion in the third quarter of 2009. More
20.10.2009 The Bank of New York Mellon Corporation today reported a third quarter loss from continuing operations applicable to common shareholders of $2.439 billion, or $2.04 per common share, compared with income of $303 million. More
Business and Financial News
Best Banks in Central and Eastern Europe for 2009 - 14.05.2010 The following are the «Best Banks in Central and Eastern Europe for 2009» according to rankings published by Global Finance magazine: Source: Global Finance
Big banks slashed small business credit lines - 13.05.2010 The biggest Wall Street banks slashed their small business loan portfolios by 9% between 2008 and 2009, more than double the rate at which they cut their overall lending, according to a government report released Thursday. Source: CNN Money
European Union agrees on €750bn bailout fund for eurozone - 10.05.2010 Crisis-hit Europe on Monday announced a monster rescue package running to 750 billion euros between euro countries and the IMF, sending the euro surging in Asian trade. Leaders hope an unprecedented international intervention, worth just shy of one trillion dollars, will represent a game-changing European financial war chest, which will also be backed by European Central Bank action to nudge debt and currency markets. Source: Financial News
Debt crisis may hurt banks outside Greece - 06.05.2010 Credit ratings agency Moody's Investor Service said the banking systems in Portugal, Italy, Spain, Ireland and Britain could all be hurt by a widening debt crisis. Source: Associated Press
Bank of Russia cuts discount rate - a historic low for Russia - 04.05.2010 The Bank of Russia slashed its discount rate by another 0.25 percent from April 30. Starting tomorrow, the rate will be 8 percent per annum - a historic low for Russia. Source: RBC