Bank of New York Mellon

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The Bank of New York Mellon Corporation, doing business as BNY Mellon, is an American worldwide banking and financial services holding company headquartered in New York City. It was formed on July 1, 2007, as a result of the merger of The Bank of New York and Mellon Financial Corporation. It is the world’s largest custodian bank and asset servicing company,[2][3][4] with $1.7 trillion in assets under management and $33.1 trillion in assets under custody as of December 2018.[1] BNY Mellon is incorporated in New York.[5] Through its Bank of New York predecessor, it is one of the three oldest banking corporations in the United States, and among the oldest banks in the world, having been established in June 1784 by a group that included American Founding Father Alexander Hamilton, and Aaron Burr.[6] Mellon had been founded in 1869 by the Mellon family of Pittsburgh, which included Secretary of the Treasury Andrew W. Mellon.

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