Bank of New York Mellon Corp

Overview

The Bank of New York Mellon Corporation (BNY Mellon) is a global financial-services company whose principal businesses are Securities Services, Market and Wealth Services, and Investment and Wealth Management. Its offerings include custody and asset servicing, payments, issuer services, investment management, and wealth management.[1][2] BNY describes its purpose as helping power the global financial system and says it has been in business since 1784.[3][4]

BNY operates internationally, with employees across the Americas, EMEA, and Asia-Pacific. At year-end 2025, it had approximately 48,100 full-time employees worldwide. For the year ended December 31, 2025, it reported revenue of $20.1 billion.[5]+2 [1]+6

Products & services

BNY Mellon’s Securities Services offerings include custody and investment servicing, fund accounting, ETF servicing, transfer agency, corporate trust and depositary services, data and analytics, foreign exchange, and securities lending and financing. Its agency-lending program covered a reported $6.7 trillion lendable pool across 36 markets, and the company reported $45.3 trillion in assets under custody and/or administration for the business at June 30, 2026.[8][9] Issuer Services includes trustee, paying-agent, fiduciary and escrow services for debt markets; depositary-receipt services support cross-border trading, clearing, settlement and ownership.[10][11]

Market and Wealth Services includes Pershing clearing, custody and wealth technology platforms for advisors, wealth-firm operators and investors, as well as the Wove integrated wealth platform.[12][13] Clearance and Collateral Management includes equity and fixed-income trade clearing and settlement, triparty repo collateral custody, collateral administration and segregation. Triparty workflows include collateral valuation, eligibility checks, allocation and settlement, monitoring, substitutions and reporting.[14][15] Payments and Trade offerings include global payments, liquidity management and trade finance. LiquidityDirect provides investment access, treasury-workstation integration, automated workflows and reporting, trading and sweeps; BNY’s payments API library includes ACH, account validation, FX, funds transfers, and real-time and tokenized-payment capabilities.[16]+2

Investment Management offers institutional and retail multi-asset strategies through specialist firms focused on liquidity, index investing, fixed income, equity and multi-asset strategies; BNY also has a noncontrolling interest in private-equity firm Siguler Guff.[19] At year-end 2025, investment-management assets under management were $2.178 trillion; FY2025 investment-management fees were $3.052 billion and performance fees were $35 million.[20] FY2025 reported fees included $4.456 billion for Asset Servicing, $1.287 billion for Issuer Services, $1.562 billion for Clearance and Collateral Management, $844 million for Payments and Trade, and $2.029 billion for Pershing.[21][22] [8]+14

Geographic presence

Bank of New York Mellon Corp. (BNY Mellon) has offices across North America, Latin America, Europe, the Middle East, Africa, and Asia-Pacific, with its current office directory listing a presence in more than 30 countries. Listed locations include the United States and Canada; Brazil, Mexico, Bermuda, and the Cayman Islands; countries across Europe and the Middle East, including the United Kingdom, France, Germany, Ireland, Luxembourg, Poland, Saudi Arabia, and the United Arab Emirates; and markets across Asia-Pacific, including Australia, China, India, Japan, Singapore, and South Korea.[23]

In its 2025 reporting, the company reported approximately 60% of its full- and part-time employees outside the United States. Its workforce included approximately 10,100 employees in EMEA, 18,000 in APAC, and 700 in other global locations, primarily Brazil; the company reported approximately 48,100 full-time employees worldwide.[6][5] BNY also reported approximately 1.1 million square feet of leased and owned space in EMEA and 1.6 million square feet of leased space in APAC, as well as U.S. and Americas office/commercial space primarily in Brazil and Canada. Its headquarters is at 240 Greenwich Street in New York City.[24]+2

[6]+5

Business segments

BNY Mellon reports three principal business segments. **Securities Services** comprises Asset Servicing and Issuer Services, with reported activities including custody and administration of assets, debt servicing, and depositary-receipt programs. It generated $9.730 billion, approximately 48.5% of FY2025 consolidated revenue, and $3.219 billion of income before taxes, about 45.6% of consolidated pretax income.[27][21]

**Market and Wealth Services** includes Pershing, Clearance and Collateral Management, and Payments and Trade. It contributed $7.000 billion of FY2025 revenue (approximately 34.9%) and $3.424 billion of pretax income (48.5%). **Investment and Wealth Management** comprises Investment Management and Wealth Management; it contributed $3.258 billion of revenue (approximately 16.2%) and $543 million of pretax income (7.7%).[22][20] Percentages are calculated against reported consolidated FY2025 revenue of $20.080 billion and pretax income of $7.058 billion. The company also reports an “Other” category, so the three principal segments do not account for all consolidated results.[28][1] [27]+5

Company history

The company traces one of its predecessor institutions to 1784, when Alexander Hamilton founded the Bank of New York in New York City.[29] In 1869, Thomas Mellon founded T. Mellon & Sons’ Bank in Pittsburgh, the predecessor of Mellon National Bank.[30]

In 1988, the Bank of New York merged with Irving Trust.[30] The Bank of New York and Mellon Financial announced a merger in 2006, and completed it effective July 1, 2007, forming The Bank of New York Mellon Corporation.[31][32] [29]+3

Sources

• Bank of New York Mellon Corp — Full financial report (2025 Y)
  9 citations

  [1][2][4][5][6][24][25][26][27]
• www.bny.com[3]
• www.sec.gov[7]
• Bank of New York Mellon Corp — Full financial report (2026 Q 2)
  6 citations

  [8][9][10][14][16][19]
• www.bny.com[11]
• www.bny.com[12]
• www.bny.com[13]
• www.bnymellon.com[15]
• www.bny.com[17]
• marketplace.bnymellon.com[18]
• Bank of New York Mellon Corp — Presentation (2025 Y)
  4 citations

  [20][21][22][28]
• www.bny.com[23]
• www.bny.com[29]
• www.bny.com[30]
• www.sec.gov[31]
• www.bny.com[32]