Bank of america | US bank | Bank in america | bank

The Bank of New York, abbreviated or BNY, was a global financial services company established in 1784 by the American Founding Father Alexander Hamilton. It existed until its merger with the Mellon Financial Corporation on July 2, 2007. The bank now continues under the new name of The Bank of New York Mellon. It was founded in 1784-06-09.this company is recognized as one of the largest asset management and security servicing company in the world.The asset of this company in the present days is $220,966,000 which makes the company to gain 13th position in the bank of America.

The company have two principal banks. They are:

1. The Bank of New York Mellon:This bank houses its institutional businesses, including Asset Servicing, Issuer Services, Treasury Services, Broker-Dealer and Advisor Services and the bank-advised business of Asset Management.
2. BNY Mellon, National Association (BNY Mellon, N.A.):It is a nationally chartered bank, which houses its Wealth Management business. Its United States bank subsidiaries engage in trust and custody activities, investment management services, banking services and various securities-related activities.
   

The Company operates in seven segments:

1. Asset Management,
2. Wealth Management,
   
3. Asset Servicing,
   
4. Issuer Services,
   
5. Clearing Services,
   
6. Treasury Services
   
7. Other.