Bank of New York Mellon Corp, BK:NYQ summary (2024)

FAQs

What exactly does BNY Mellon do? ›

BNY Mellon is an investments company. We provide investment management and investment services that help individuals and institutions to invest, conduct business and transact in markets all over the world.

Bank of New York Mellon Corporation's analyst rating consensus is a Moderate Buy. This is based on the ratings of 14 Wall Streets Analysts.

BNY was formed from the merger of The Bank of New York and the Mellon Financial Corporation in 2007. Following the merger, it adopted the brand name The Bank of New York Mellon, which was later simplified to BNY Mellon and later again to BNY.

62% of BNY employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated BNY 3.5 out of 5 for work life balance, 3.5 for culture and values and 3.3 for career opportunities.

The Code supports our vision of defining what it means to be the trusted financial institution for the next generation of clients and employees and aligns with our core values: Passion for Excellence, Integrity, Strength in Diversity and Courage to Lead.

BNY Mellon has been named one of the most admired companies in the world by FORTUNE magazine for the 27^th time. In 2024, BNY Mellon is now part of the “Megabanks” category and performed best in "People Management” and “Innovation,” speaking to the firm's 240-year reputation of innovating to best serve clients.

For the third consecutive year, BNY Mellon is ranked as the safest bank in the US and one of the safest in the world according to Global Finance magazine's latest annual survey of the “World's 50 Safest Banks.” BNY Mellon's strong showing is largely attributed to its strong credit ratings, strong balance sheet and an ...

Largest shareholders include Vanguard Group Inc, BlackRock Inc., Dodge & Cox, DODGX - Dodge & Cox Stock Fund, State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Geode Capital Management, Llc, Artisan Partners Limited Partnership, and First ...

Key Takeaways

Bank of New York, Deutsche Bank, Citigroup, J. P. Morgan Chase, and HSBC Bank USA are all examples of money center banks. Neither asset size nor lending size plays a role in determining if a bank is a money center bank or not.

166. Bank of New York Mellon Corp.

What is the Bank of New York Mellon ranked? ›

Summary. The Bank of New York Mellon ranks 149th in the Financial System Benchmark. In comparison to other banks in the benchmark, it ranks 78th out of 155. Therefore, it has an opportunity to improve its performance relative to its industry peers.

In 2006 Mellon agreed to be acquired by The Bank of New York Company, Inc.

BNY Mellon is a global financial services company that helps make money work for the world – managing it, moving it and keeping it safe. For 240 years we have partnered alongside our clients, putting our expertise and platforms to work to help them achieve their ambitions.

Fitch Affirms The Bank of New York Mellon Corporation's IDRs at 'AA-'/'F1+'; Outlook Stable. Fitch Ratings - New York - 25 Jan 2024: Fitch Ratings has affirmed the The Bank of New York Mellon Corporation's (BK) Long-Term and Short-Term Issuer Default Ratings (IDRs) at 'AA-' and 'F1+', respectively.

The Bank of New York Mellon Corporation currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.

What is the highest salary at BNY? The highest-paying job at BNY is a Managing Director with a salary of ₹1,07,90,874 per year (estimate).

Financial Strength and Stability

Our parent, BNY Mellon , is an AA-rated bank recognised as one of the Global Systemically Important Banks (G-SIB). And, at Pershing, we have assets, revenue and a capital position that all point to financial strength and stability.

These include medical insurance, health screening, pension, life assurance, employee assistance programme, digital wellbeing app, fitness discount programme, on-site childcare and a parental buddy programme, to name a few.