|Predecessor||Bank of New York (founded on June 9, 1784 )|
|Founded||July 1, 2007|
|Headquarters||240 Greenwich Street|
Manhattan, New York, U.S.
|Revenue||US$15.9 billion (2021)|
|US$3.97 billion (2021)|
|US$3.55 billion (2021)|
|AUM||US$2.4 trillion (2021)|
|Total assets||US$470.533 billion (2021)|
|Total equity||US$43.874 billion (2021)|
Number of employees
|Subsidiaries||BNY Mellon Investment Management|
|Footnotes / references|
The Bank of New York Mellon Corporation, commonly known as BNY Mellon, is an American investment banking services holding company headquartered in New York City. BNY Mellon was formed from the merger of The Bank of New York and the Mellon Financial Corporation in 2007. It is the world's largest custodian bank and securities services company, with $2.4 trillion in assets under management and $46.7 trillion in assets under custody as of the second quarter of 2021. It is considered a systemically important bank by the Financial Stability Board. BNY Mellon is incorporated in Delaware.
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 Fathers Alexander Hamilton and Aaron Burr. T. Mellon and Sons Bank, was founded in Pittsburgh in 1869 by Thomas Mellon and his sons Richard and Andrew, the latter of whom later became Secretary of the US Treasury.
Bank of New York
The first bank in the U.S. was the Bank of North America in Philadelphia, which was chartered by the Continental Congress in 1781; Alexander Hamilton, Thomas Jefferson and Benjamin Franklin were among its founding shareholders. In February 1784, The Massachusetts Bank in Boston was chartered.
The shipping industry in New York City chafed under the lack of a bank, and investors envied the 14% dividends that Bank of North America paid, and months of local discussion culminated in a June 1784 meeting at a coffee house on St. George's Square which led to the formation of the Bank of New York company; it operated without a charter for seven years. The initial plan was to capitalize the company with $750,000, a third in cash and the rest in mortgages, but after this was disputed the first offering was to capitalize it with $500,000 in gold or silver. When the bank opened on June 9, 1784, the full $500,000 had not been raised; 723 shares had been sold, held by 192 people. Aaron Burr had three of them, and Hamilton had one and a half shares. The first president was Alexander McDougall and the Cashier was William Seton.
The bank provided the United States government its first loan in 1789. The loan was orchestrated by Hamilton, then Secretary of the Treasury, and it paid the salaries of United States Congress members and President George Washington.
The Bank of New York was the first company to be traded on the New York Stock Exchange when it first opened in 1792. In 1796, the bank moved to a location at the corner of Wall Street and William Street, which would later become 48 Wall Street.
The bank had a monopoly on banking services in the city until the Bank of the Manhattan Company was founded by Aaron Burr in 1799; the Bank of New York and Hamilton vigorously opposed its founding.
During the 19th century, the bank was known for its conservative lending practices that allowed it to weather financial crises. It was involved in the funding of the Morris and Erie canals, and steamboat companies. The bank helped finance both the War of 1812 and the Union Army during the American Civil War. Following the Civil War, the bank loaned money to many major infrastructure projects, including utilities, railroads, and the New York City Subway.
Through the early 20th century, the Bank of New York continued to expand and prosper. In July 1922, the bank merged with the New York Life Insurance and Trust Company. The bank continued to profit and pay dividends throughout the Great Depression, and its total deposits increased during the decade. In 1948, the Bank again merged, this time with the Fifth Avenue Bank, which was followed by a merger in 1966 with the Empire Trust Company. The bank's holding company was created in 1969.
In 1988, the Bank of New York merged with Irving Bank Corporation after a year-long hostile take over bid by Bank of New York. Irving had been headquartered at 1 Wall Street and after the merger, this became the headquarters of the Bank of New York on July 20, 1998. In 1922, Irving Trust opened an account with Vnesheconombank, now known as VEB, and beginning on October 7, 1988, when the merger was approved, the Bank of New York was able to conduct transactions with the Soviet Union and later in 1991 Russia. Natasha Kagalovsky (née Gurfinkel) with the pseudonym Gurova, who had been an employee at Irving Trust since 1986 and was in charge of the banking with the Soviet Union, became a senior vice president at the Bank of New York heading the Eastern European operations from 1992 until October 13, 1999, when she resigned.[a]
From 1993 to 1998, the bank made 33 acquisitions, including acquiring JP Morgan's Global Custody Business in 1995. Ivy Asset Management was acquired in 2000, and the bank acquired Pershing LLC, the United States' second-largest trade clearinghouse, in 2003.
In the 1990s, Vladimir Kirillovich Golitsyn or "Mickey" Galitzine (Russian: Владимир Кириллович Голицын; 1942-2018, born Belgrade) with the pseudonym Vladimirov, whose father was a director of the Tolstoy Foundation, established and headed the Eastern European Department at the Bank of New York until 1992 and hired many Russians. He mentored many new bankers in Hungary, the former East Germany, Poland, Romania, and Bulgaria and travelled extensively to capital cities in the former Soviet Union or the CIS to assist new bankers especially in Russia to where he travelled for his first time in 1990, Ukraine, Latvia, Georgia, Armenia, Turkmenistan, and Kazakhstan. In 1960, he joined the Bank of New York and worked as an accountant in its International Department but later headed the Russia team as a vice president of the bank. His wife Tatiana Vladimirovna Kazimirova (Russian: Татьяна Владимировна Казимирова; b. 1943, Berlin), an employee at the Bank of New York whom he married in 1963, worked very closely with him. He traveled for his first time to Russia in 1990. He worked closely with banks in Greece, Malta, and Italy and was an expert in cotton, gold, silver, and other raw materials financing.
Bank of New York had correspondent accounts for several Russian banks including Inkombank (Russian: Инкомбанк), Menatep (Russian: «Менатеп»), Tokobank (Russian: Токобанк), Tveruniversalbank (Russian: Тверьуниверсалбанк), Alfa-Bank (Russian: Альфа-банк), Sobinbank (Russian: Собинбанк), Moscow International Bank (Russian: Московский международный банк) and others.[c]
In 2005, the bank settled a US federal investigation that began in 1996 concerning money laundering related to post-Soviet privatization in Russia. The illegal operation involved two Russian emigres, Peter Berlin and his wife Lyudmila "Lucy" (née Pritzker) Edwards who was a Vice President of the bank and worked at its London office, moving over US$7 billion via hundreds of wires. Through accounts created by Peter Berlin for Alexei Volkov's Torfinex Corportion, Bees Lowland, which was an offshore shell company created by Peter Berlin, and Benex International Company Inc, numerous irregular wire transfers occurred at the Bank of New York. In October 1997 at Bologna, Joseph Roisis, also spelled Yosif Aronovizh Roizis and nicknamed Cannibal as a member of Russian mafia's Solntsevskaya Bratva with businesses in Czechoslovakia, explained to Italian prosecutors that 90% of the money flowing through Benex accounts at the Bank of New York is Russian mafia money.[d] Alexei Volkov was charged in the United States but fled to Russia which has no extradition treaty with the United States and later the charges were dropped. Svetlana Kudryavtsev, a Bank of New York employee that was responsible for the proper operation of the Benex accounts in New York which had ties to Semion Mogilevich and through which passed $4.2 billion from October 1998 to March 1999, refused to cooperate and resigned during an internal audit of the matter but was later indicted by the FBI for her role in which she received $500 a month from Edwards for her services.[e] Alexander Mamut's Sobinbank, which since August 2010 is a subsidiary of Rossiya Bank, was raided on October 10, 1999, in support of United States investigations into money laundering at the Bank of New York. The Vanuatu registered Sobinbank Limited facilitated transfers between December 1997 and February 1999 for Benex accounts. Edmond Safra of the bank Republic New York, which is a longtime rival of the Bank of New York, alerted the FBI to the money laundering scheme which also involved Russian banks including Sobinbank and the Depozitarno-Kliringovy Bank (DKB) or the Russian Deposit Clearinghouse Bank (Russian: российский «Депозитарно-клиринговый банк» («ДКБ»)) which was created by Peter Berlin and had the same address as the Bees Lowland offshore shell company. $3 billion went from both Russian DKB and Sobinbank accounts through the Igor and Oleg Berezovsky owned Italian firm Prima based in Rimini and, through Andrei Marisov at the Grigory Luchansky associated French firm Kama Trade which had accounts with the Société bancaire arabe (SBA) to accounts at the Peter Berlin created Sinex Bank in Nauru.[f][g]
In 2006, the Bank of New York traded its retail banking and regional middle-market businesses for J.P. Morgan Chase's corporate trust assets. The deal signaled the bank's exit from retail banking.
Mellon Financial was founded as T. Mellon & Sons' Bank in Pittsburgh, Pennsylvania, in 1869 by retired judge Thomas Mellon and his sons Andrew W. Mellon and Richard B. Mellon. The bank invested in and helped found numerous industrial firms in the late 1800s and early 1900s including Alcoa, Westinghouse, Gulf Oil, General Motors and Bethlehem Steel. Both Gulf Oil and Alcoa are, according to the financial media, considered to be T. Mellon & Sons' most successful financial investments.
In 1902, T. Mellon & Sons' name was changed to the Mellon National Bank. The firm merged with the Union Trust Company, a business founded by Andrew Mellon, in 1946. The newly formed organization resulting from the merger was named the Mellon National Bank and Trust Company, and was Pittsburgh's first US$1 billion bank.
The bank formed the first dedicated family office in the United States in 1971. A reorganization in 1972 led to the bank's name changing to Mellon Bank, N.A. and the formation of a holding company, Mellon National Corporation.
Mellon Bank acquired multiple banks and financial institutions in Pennsylvania during the 1980s and 1990s. In 1992, Mellon acquired 54 branch offices of Philadelphia Savings Fund Society, the first savings bank in the United States, founded in 1819.
In 1993, Mellon acquired The Boston Company from American Express and AFCO Credit Corporation from The Continental Corporation. The following year, Mellon merged with the Dreyfus Corporation, bringing its mutual funds under its umbrella. In 1999, Mellon Bank Corporation became Mellon Financial Corporation. Two years later, it exited the retail banking business by selling its assets and retail bank branches to Citizens Financial Group.
On December 4, 2006, the Bank of New York and Mellon Financial Corporation announced they would merge. The merger created the world's largest securities servicing company and one of the largest asset management firms by combining Mellon's wealth-management business and the Bank of New York's asset-servicing and short-term-lending specialties. The companies anticipated saving about $700 million in costs and cutting around 3,900 jobs, mostly by attrition.
The deal was valued at $16.5 billion and under its terms, the Bank of New York's shareholders received 0.9434 shares in the new company for each share of the Bank of New York that they owned, while Mellon Financial shareholders received 1 share in the new company for each Mellon share they owned. The Bank of New York and Mellon Financial entered into mutual stock option agreements for 19.9 percent of the issuer's outstanding common stock. The merger was finalized on July 1, 2007. The company's principal office of business at the One Wall Street office previously held by the Bank of New York. The full name of the company became The Bank of New York Mellon Corp., with the BNY Mellon brand name being used for most lines of business.
In October 2008, the U.S. Treasury named BNY Mellon the master custodian of the Troubled Asset Relief Program (TARP) bailout fund during the financial crisis of 2007 to 2010. BNY Mellon won the assignment, which included handling accounting and record-keeping for the program, through a bidding process. In November 2008, the company announced that it would lay-off 1,800 employees, or 4 percent of its global workforce, due to the financial crisis. According to the results of a February 2009 stress test conducted by federal regulators, BNY Mellon was one of only three banks that could withstand a worsening economic situation. The company received $3 billion from TARP, which it paid back in full in June 2009, along with US$136 million to buy back warrants from the Treasury in August 2009.
In August 2009, BNY Mellon purchased Insight Investment, a management business for external funds, from Lloyds Banking Group. The company acquired PNC Financial Services' Global Investment Servicing Inc. in July 2010 and Talon Asset Management's wealth management business in 2011.
By 2013, the company's capital had steadily risen from the financial crisis. In the results of the Federal Reserve's Dodd-Frank stress test in 2013, the bank was least affected by hypothetical extreme economic scenarios among banks tested. It was also a top performer on the same test in 2014.
In 2013, the bank started building a new IT system called NEXEN. NEXEN uses open source technology and includes components such as an API store, data analytics, and a cloud computing environment.
In May 2014, BNY Mellon sold its 1 Wall Street headquarters, and in 2015, moved into leased space at Brookfield Place. In June 2014, the company combined its global markets, global collateral services and prime services to create the new Markets Group, also known as BNY Markets Mellon. The company expanded its Hong Kong office in October 2014 as part of the company's plans to grow its wealth management business.
In September 2017, BNY Mellon announced that it agreed to sell CenterSquare Investment Management to its management team and the private equity firm Lovell Minnick Partners. The transaction is subject to standard regulatory approvals and is expected to be completed by the end of 2017.
In January 2018, BNY Mellon announced that it was again moving its headquarters location, less than four years after its prior move. The headquarters location was announced as 240 Greenwich Street, a renaming of the already BNY Mellon-owned 101 Barclay Street office building in Tribeca, New York City. BNY Mellon had owned the office building for over 30 years, with control of the location obtained via 99-year ground lease. The same year, the company purchased the location from the city for $352 million.
The following graphs represent the net income and assets and liabilities for the years 2000 to 2016 for the Bank of New York Mellon, the Bank of New York Mellon Corporation's New York state-chartered bank and an FDIC-insured depository institution.
BNY Mellon operates in 35 countries in the Americas, Europe, the Middle East and Africa (EMEA), and Asia-Pacific. The company employed 51,300 people as of December 2018. In October 2015, the group's American and global headquarters relocated to 225 Liberty Street, as the former 1 Wall Street building was sold in 2014. In July 2018, the company changed its headquarters again, this time to its existing 240 Greenwich Street location in New York (previously addressed 101 Barclay St). The group's EMEA headquarters are located in London and its Asia-Pacific headquarters are located in Hong Kong.
The bank's primary functions are managing and servicing the investments of institutions and high-net-worth individuals. Its two primary businesses are Investment Services and Investment Management. The bank's clients include 80 percent of Fortune 500 companies. The company also serves 77 percent of the top 100 endowments, 87 percent of the top 1,000 pension and employee benefit funds, 51 percent of the top 200 life and health insurance companies and 50 percent of the top 50 universities.
The bank's Investment Services business represents approximately 72 percent of the company's revenue and it has $31.1 trillion under its custody or administration as of September 2016. The financial services offered by the business include asset servicing, alternative investment services, broker-dealer services, corporate trust services and treasury services. Other offerings include global collateral services, foreign exchange, securities lending, middle and back office outsourcing, and depository receipts.
BNY Mellon's Wealth Management unit handles the private banking, estate planning, family office services, and investment servicing and management of high-net-worth individuals and families. As of 2014, it ranks 7th among wealth management businesses in the United States. Starting in 2013, the unit began expansion efforts, including opening eight new banking offices, increasing salespeople, bankers, and portfolio managers on staff, and launching an awareness campaign for wealth management services through television ads.
Charles W. Scharf was appointed CEO in July 2017 and became Chairman after former CEO and Chairman Gerald Hassell retired at the end of 2017. Hassell had been Chairman and CEO since 2011, after serving as BNY Mellon's president from 2007 to 2012 and as the president of the Bank of New York from 1998 until its merger. Scharf stepped down in 2019 to become the new CEO of Wells Fargo. Thomas "Todd" Gibbons took over as the new CEO in 2020.
Karen Peetz served as president (the bank's first female president) from 2013 to 2016, when she retired; the company did not appoint a new president when she retired. Thomas Gibbons served as CFO between 2008 and 2017, when he also served as vice chairman. In 2017, Gibbons was replaced as CFO by Michael P. Santomassimo. BNY Mellon's Investment Management business is run by CEO Mitchell Harris, and the company's Investment Services business was led by Brian Shea until his retirement in December 2017.
As of July 2017, the company's board members were Linda Z. Cook, Nicholas M. Donofrio, Joseph J. Echevarria, Edward P. Garden, Jeffrey A. Goldstein, Gerald L. Hassell, John M. Hinshaw, Edmund F. (Ted) Kelly, John A. Luke Jr., Jennifer Morgan, Mark A. Nordenberg, Elizabeth E. Robinson, Charles W. Scharf and Samuel C. Scott III.
In 2008, BNY Mellon formed a Board of Directors corporate social responsibility committee to set sustainability goals. The company's corporate social responsibility activities include philanthropy, social finance in the communities the bank is located in, and protecting financial markets globally.
The bank's philanthropic activities include financial donations and volunteerism. The company matches employee volunteer hours and donations with financial contributions through its Community Partnership program. Between 2010 and 2012, the company and its employees donated approximately $100 million to charity. In 2014, the company worked with the Forbes Fund to create a platform that connects nonprofit organizations with private businesses to solve social challenges.
The company received a 100 A rating in 2013, 2014 and 2015 by the CDP, which measures corporate greenhouse gas emissions and disclosures. BNY Mellon was named on the Dow Jones Sustainability North America Index in 2013, 2014 and 2015, and the World Index in 2014, 2015 and 2016. Another one of the company's focuses has been building efficiency. As of 2014, the company has saved $48 million due to building efficiency. Five of its buildings have achieved Leadership in Energy and Environmental Design (LEED-EB) certification and 23 have interiors that are LEED certified.
The company has business resource groups for employees that are focused on diversity and inclusion. In 2009, Karen Peetz co-founded the BNY Mellon Women's Initiative Network (WIN), a resource group for female employees' professional development. As of 2013, WIN had 50 chapters. Other groups include PRISM for LGBT employees, IMPACT, which serves multicultural employees and HEART for employees with disabilities. The bank has services for returning military, including a tool to help veterans align military skills and training with jobs at the company. In 2014, it was recognized for its diversity practices by the National Business Inclusion Consortium, which named it Financial Services Diversity Corporation of the Year.
In 2009, the company began an innovation program for employees to suggest ideas for large-scale projects and company improvement. Ideas from the initial pilot program generated approximately $165 million in pretax profit. The program results in an annual contest called "ACE" in which teams pitch their ideas.
Controversies and legal issues
Foreign currency exchange issues
In October 2011, the U.S. Justice Department and New York's attorney general filed civil lawsuits against the Bank of New York, alleging foreign currency fraud. The suits held that the bank deceived pension-fund clients by manipulating the prices assigned to them for foreign currency transactions. Allegedly, the bank selected the day's lowest rates for currency sales and highest rates for purchases, appropriating the difference as corporate profit. The scheme was said to have generated $2 billion for the bank, at the expense of millions of Americans' retirement funds, and to have transpired over more than a decade. Purportedly, the bank would offer secret pricing deals to clients who raised concerns, in order to avoid discovery. Bank of New York defended itself vigorously, maintaining the fraud accusations were "flat out wrong" and warning that as the bank employed 8,700 employees in New York, any damage to the bank would have negative repercussions for the state of New York.
Finally, in March 2015, the company admitted to facts concerning the misrepresentation of foreign exchange pricing and execution. BNY Mellon's alleged misconduct in this area includes representing pricing as best rates to its clients, when in fact they were providing clients with bad prices while retaining larger margins. In addition to dismissing key executives, the company agreed to pay a total of US$714 million to settle related lawsuits.
In May 2015, BNY Mellon agreed to pay $180 million to settle a foreign exchange-related lawsuit.
In May 2016, multiple plaintiffs filed suit against the bank, alleging that the company had breached its fiduciary duty to ERISA plans that held American Depositary Receipts by overcharging retirement plans that invested in foreign securities. In March 2017, the presiding judge declined to dismiss the suit. In December 2017, another lawsuit alleged that BNY Mellon manipulated foreign exchange rates was filed by Sheet Metal Workers' National Pension Fund. BNY Mellon agreed to pay $12.5 million to settle the 2016 lawsuit in December 2018.
Personal data breach
In February 2008, BNY Mellon suffered a security breach resulting in the loss of personal information when backup tapes containing the personal records of 4.5 million individuals went missing. Social security numbers and bank account information were included in the records. The breach was not reported to the authorities until May 2008, and letters were sent to those affects on May 22, 2008.
IT system outages
On Saturday, August 22, 2015, BNY Mellon's SunGard accounting system broke down during a software change. This led to the bank being unable to calculate net asset value (NAV) for 1,200 mutual funds via automated computer system. Between the breakdown and the eventual fix, the bank calculated the values using alternative means, such as manual operation staff. By Wednesday, August 26, the system was still not fully operational. The system was finally operational to regular capacity the following week. As a result of a Massachusetts Securities Division investigation into the company's failure and lack of a backup plan, the company paid $3 million.
In December 2016, another major technology issue caused BNY Mellon to be unable to process payments related to the SWIFT network. As of the time of the issue, the bank processed about 160,000 global payments daily totally an average of $1.6 trillion. The company was unable to process payments for a 19 hours, which led to a backlog of payments and an extension of Fedwire payment services.
Privately owned public space agreement violation
According to a New York City Comptroller audit in April 2017, BNY Mellon was in violation of a privately owned public space (POPS) agreement for at least 15 years. In constructing the 101 Barclay Street building in Lower Manhattan, BNY Mellon had received a permit allowing modification of height and setback regulations in exchange for providing a lobby accessible to the general public 24 hours a day. Auditors and members of the public had been unable to access or assess the lobby for many years, and were actively prevented from doing so by BNY Mellon security.
In September 2018, the company began to permit public access to a portion of the lobby. However, BNY Mellon remains in violation of its agreement, as the lobby must be accessible to the public 24 hours a day. As of early 2021 the city Comptroller reported that company security personnel prevented auditors from entering or photographing the lobby and was seeking to have the "public lobby" designation removed.
Employment legal issues
BNY Mellon settled foreign bribery charges with the U.S. Securities and Exchange Commission (SEC) in August 2015 regarding its practice of providing internships to relatives of officials at a Middle Eastern investment fund. The U.S. SEC found the firm in violation of the Foreign Corrupt Practices Act. The case was settled for $14.8 million.
In March 2019, BNY Mellon staff considered legal options after the company banned employees from working from home. In particular, staff cited concerns regarding the impact on childcare, mental health, and diversity. The company reverted the ban as a result of employee outcry.
Other legal issues
In September 2009, BNY Mellon settled a lawsuit that had been filed against the Bank of New York by the Russian government in May 2007 for money laundering; the original suit claimed $22.5 billion in damages and was settled for $14 million.
In 2011, South Carolina sued BNY Mellon for allegedly failing to adhere to the investment guidelines relating to the state's pension fund. The company settled with the state in June 2013 for $34 million.
In July 2012, BNY Mellon settled a class action lawsuit relating to the collapse of Sigma Finance Corp. The suit alleged that the bank invested and lost cash collateral in medium-term notes. The company settled the lawsuit for $280 million.
In December 2018, BNY Mellon agreed to pay nearly $54 million to settle charges of improper handling of "pre-released" American depositary receipts (ADRs) under investigation of the U.S. Securities and Exchange Commission (SEC). BNY Mellon did not admit or deny the investigation findings but agreed to pay disgorgement of more than $29.3 million, $4.2 million in prejudgment interest and a penalty of $20.5 million.
Recognition and rankings
As of 2015, BNY Mellon was the world's largest custody bank, the sixth-largest investment management firm in the world, and the seventh-largest wealth management firm in the United States. In 2018, BNY Mellon ranked 175 on the Fortune 500 and 250 on the Financial Times Global 500. It was named one of world's 50 Safest Banks by Global Finance in 2013 and 2014, and one of the 20 Most Valuable Banking Brands in 2014 by The Banker.
The bank says it is the longest running bank in the United States, a distinction sometimes disputed by its rivals and some historians. The Bank of North America was chartered in 1781, and was absorbed by a series of other entities until it was acquired by Wells Fargo. Similarly, The Massachusetts Bank went through a series of acquisitions and ended up as part of Bank of America. The Bank of New York remained independent, absorbing other companies, until its merger with Mellon. BNY Mellon is at least the third-oldest bank in the US.
Since 2012, BNY Mellon has expanded its number of sponsorships. BNY Mellon was the title sponsor of the Oxford and Cambridge Boat Race from 2012 to 2015. The company also sponsors the Head of the Charles Regatta in Boston. In 2013, the company became a 10-year sponsor of the San Francisco 49ers and a founding partner of Levi's Stadium. The company is a regular sponsor of the Royal Academy of Arts in London.
- 1 Wall Street
- BNY Mellon Center (disambiguation)
- CIBC Mellon
- Eagle Investment Systems
- Mellon Financial Corporation
- Pershing LLC
- Allegedly, Semion Mogilevich instructed Natasha Kagalovsky (née Gurfinkel) to wire transfer Cali cartel funds from Bank of New York accounts though Brazilian banks to offshore shell companies.
- Banco General maintains offices in Costa Rica, has representative offices in Mexico, Guatemala, El Salvador, Colombia and Peru and has correspondent banking with Dresdner Bank Lateinamerika AG in Panama and was closely associated with Vladimir Putin's close friend Matthias Warnig at its Saint Petersburg branch, Banco Latinoamericano de Exportaciones SA (BLADEX) in Panama, Bank of Nova Scotia in Panama, Chase Manhattan Bank, Bank of New York, Citibank, Colonial Bank in Miami, First Union Bank in Miami, SunTrust Bank in Miami, Bank of America in Miami, Barclays Bank PLC in Miami, Banco General (Overseas) in the Cayman Islands, HSBC Bank USA in New York, HSBC Bank PLC in Panama, and others.
- On October 26, 1999, Bank of New York gained BankBoston Panama as its subcustodian bank in Panama. Beginning in 1996, the 1973 established BankBoston Panama provided custody services to non-resident investors in Panama. On December 17, 2004, Bank of America sold its BankBoston (BKB) operations in Peru, Colombia, and Panama to the 1955 established Panamanian private equity bank Banco General.[b]
- Joseph Roizis also spelled Roitsis (Russian: Ройцис; b. late 1940s, Soviet Union), who was also known as Aron, Gregory, Grisha, or "Ogre", immigrated to the United States with his wife and two children two years after fighting for Israel in the Yom Kippur War and operated a furniture store in Brighton Beach as a front for trafficking heroin from Romania where he purchased furniture for his store. Marat Balagula (Russian: Марат Балагул) assisted him with obtaining heroin from Thailand via Poland. Roitsis gave Leonid "Tarzan" Fainberg or Feinberg (Russian: Леонид «Тарзан» Файнберг; b. Ukraine), who was also known as Ludwid "Tarzan" Fainberg and was trained as a dentist but left the Soviet Union for Israel where he obtained an Israeli passport and immigrated to the United States in the 1980s via Germany, a job at his furniture store in Brighton Beach, Brooklyn, New York City.
- Until his death in July 2020, William Sessions was the American attorney of Semion Mogilevich, who is the "boss of bosses" of the Russian mafia, has close ties with Vladimir Putin, and is a member of the FBI Most Wanted Fugitives list.
- On January 10, 2006, the Lebanese bank Banque Libano-Française S.A.L., which has its headquarters in Beirut, gained a majority stake of 78.3% in the 1978 founded Société bancaire arabe (SBA) with the Claude Bébéar associated AXA subsidiary Compagnie Financière de Paris having a stake of 20%. Compagnie Financière de Paris held a 34% stake with thirty other shareholders before 2006. Later, Banque Libano-Française S.A.L. increased its stake to 99%. SBA has its headquarters in Paris at 28 rue de Berri (8ème), maintains a branch in Limassol, Cyprus, and has 100% ownership of the Geneva based Financière SBA (Suisse). SBA's focus is Syria with some operations in Lebanon. SBA's Geneva affiliate Societe Bancaire Arabe (Suisse) incurred heavy loses in the early 1990s and was converted to a finance company according to Mustafa Janoudi who was SBA's chairman general manager from the 1990s until 2006 when he became Vice Chairman and General Manager Délégué and Bernard Vernhes became chairman general manager. Bernard Vernhes was previously at the Banque Française de l'Orient (BFO) in Paris as chairman general manager and later at Banque Libano-Française SAL as general manager.
- Saeb Shafiq Nahas also spelled Nahhas (b. 1936, al-Jura neighborhood, Damascus) held a 12% stake in Société bancaire arabe (SBA) until May 14, 1993 when he sold it to private investors. Nahas is very close to the Assad family especially Rifaat al-Assad who is a brother of Hafez al-Assad. Beginning in 1966, Nahas has assisted in arms sales to Iran and especially Hezbollah. His farm along the Damascus International Road is used by the Iranian Revolutionary Guard to train militias that Nahas also hosts at his al-Safir Hotel in Sayyidah Zainab neighborhood of Damascus. He is very wealthy. His close relationship with Bashar alAssad led to numerous of Nahas's investments in Kazakhstan, Mexico, United Arab Emirates, Lebanon, Jordan, and Sudan. In 2015, the Central Bank of Syria froze his funds because of Nahas's failure to repay a loan which led to Nahas fleeing to Lebanon where he firmly supported the Syrian regime, so later his funds were unfrozen. His two sons Hadi and Muhammad remained in Syria to manage the Nahas family's assets in Syria.
- "The Bank of New York Mellon Corporation 2018 Annual Report". U.S. Securities and Exchange Commission. Retrieved March 23, 2019.
- Teather, David (December 5, 2006). "Bank of New York merges with Mellon in £8bn deal". The Guardian. London. Retrieved January 14, 2015.
- Fitzpatrick, Dan (May 25, 2007). "Mellon Merger OK'D, HQ On Way Out". Pittsburgh Post-Gazette.
- Tascarella, Patty (July 2, 2007). "Bank of New York, Mellon complete merger". Pittsburgh Business Times. Retrieved January 23, 2015.
- "About BNY Mellon". www.bnymellon.com. Retrieved March 8, 2021.
- "10-K". 10-K. Retrieved June 1, 2019.
- Wallack, Todd (December 20, 2011). "Which bank is the oldest? Accounts vary - The Boston Globe". The Boston Globe.
- "The Story of the Bank of New York; Oldest in New York and Second Oldest Recognized Bank in the Country". The New York Times. June 14, 1909. ISSN 0362-4331.
- Jaffe, Steven H.; Lautin, Jessica (2014). Capital of Capital: Money, Banking, and Power in New York City. New York: Columbia University Press. pp. 9, 23. ISBN 978-0231537711. Retrieved January 14, 2015.
- Hubbard, J. T. W. (1995). For Each, the Strength of All: A History of Banking in the State of New York. NYU Press. p. 43. ISBN 978-0-8147-3514-5.
- Alexander Hamilton, James (1869). Reminiscences of James A. Hamilton: or, Men and events, at home and abroad, during three quarters of a century. C. Scribner & co. p. 265.
- "Temporary Loan of 1789". Rhodes' Journal of Banking. Vol. 21. Chicago: B. Rhodes & Company. 1894. p. 752. Retrieved January 14, 2015.
- "Bank of New York Profile". The New York Job Source. Archived from the original on June 9, 2018. Retrieved August 8, 2007.
- "Timeline". BNY Mellon. Retrieved April 13, 2018.
- Geisst, Charles R. (2009). Encyclopedia of American Business History. Infobase Publishing. pp. 42–43. ISBN 978-1438109879. Retrieved January 14, 2015.
- "Bank of New York Building Profile". NYC Architecture. Retrieved January 22, 2015.
- Cox, Adrian (December 4, 2006). "Bank of New York agrees to acquire Mellon Financial". The Salt Lake Tribune. Retrieved January 22, 2015.
- "The Bank of New York Company, Inc. - Company Profile, Information, Business Description, History, Background Information on The Bank of New York Company, Inc.=". referenceforbusiness.com. Reference for Business. Retrieved January 14, 2015.
- "New York's Oldest". Time. March 26, 1934. Archived from the original on July 31, 2009. Retrieved January 14, 2015.
- Quint, Michael (October 8, 1988). "Irving Signs Merger Deal, Ending Fight". The New York Times. ISSN 0362-4331.
- "Bank of New York (Formerly Irving Trust Company) Landmark". New York Architecture. Retrieved September 13, 2017.
- "The Bank Of New York Relocates Headquarters To One Wall Street". BONY website. July 20, 1998. Archived from the original on July 8, 2000. Retrieved August 6, 2021.
- "About The Bank of New York: History of The Bank of New York". BONY website. Archived from the original on July 8, 2000. Retrieved August 6, 2021.
- Leach, James A., ed. (September 21, 1999). Russian Money Laundering: United States Congressional Hearing (serial number 106-38). Diane Publishing. p. 383. ISBN 9780756712556. Retrieved April 13, 2021.
- O'Brien, Timothy L.; Bonner, Raymond (August 23, 1999). "Money Laundering Inquiry Uncovers a Woman's Meteoric Rise". The New York Times. Retrieved April 13, 2021.
- Бутрин, Дмитрий (Butrin, Dmitry); Кваша, Максим (Kvasha, Maxim); Плешанова, Ольга (Pleshanova, Olga); Разумова, Мария (Razumova, Maria); Аскер-Заде, Наиля (Asker-Zade, Nailya) (May 18, 2007). Дела давно минувших рублей: Против Bank of New York подан иск на $22,5 млрд [Cases of long past rubles: Bank of New York filed a $ 22.5 billion lawsuit]. Kommersant. Archived from the original on May 20, 2007. Retrieved April 13, 2021.
Возобновление расследования о махинациях 90-х[Reopening of the investigation into the machinations of the 90s]Alt website
- Седых, Игорь (Sedykh, Igor) (August 1, 2002). "Предыстория операции "Паутина": Большая стирка. По новым следам русской мафии" [Background to Operation Cobweb: Big Wash. Following the new tracks of the Russian mafia]. «Совершенно секретно» (Top Secret) (in Russian). Geneva. Retrieved April 13, 2021.
- Кислинская, Лариса (Kislinskaya, Larisa); Седых, Игорь (Sedykh, Igor) (August 1, 2002). "Большая стирка" [Big Washing]. «Совершенно секретно» (Sovsektretno) (in Russian). Retrieved April 13, 2021.
- Лурье, Олег (Lurie, Oleg) (February 5, 2002). "Прачечная на обороте больничного меню: Темный лес. В "сухом остатке" — миллионы отмытых долларов" [Laundry on the back of the hospital menu: Dark forest. The bottom line is millions of laundered dollars]. «Версия» (in Russian). Retrieved April 13, 2021.
- Kochan, Nick (2005). "Chapter 1 Russian Mafia". The Washing Machine: How Money Laundering and Terrorist Financing Soils Us. Mason, Ohio: Cengage Learning. ISBN 9781587991592.
- "Bank of New York Acquires CSFB's Pershing For $2 Billion". TheStreet.com. January 8, 2003. Retrieved January 14, 2015.
- "RNA presidents". Russian Nobility Association in America (RNA). Retrieved April 9, 2021.
See the section "Prince Vladimir Kirillovich Galitzine (2017–2018)".
- "В США умер князь Владимир Голицын, президент дворянского собрания" [In the USA died Prince Vladimir Golitsyn, President of the Noble Assembly]. NEWSru.co.il (in Russian). February 23, 2018. Archived from the original on March 5, 2018. Retrieved April 9, 2021.
- Сажнева, Екатерина (Sazhneva, Ekaterina) (February 23, 2018). "Траур российского дворянства: чем был славен покойный князь Голицын "Он был одним из самых почитаемых людей в среде русской эмиграции"" [Mourning of the Russian nobility: what the late prince Golitsyn was famous for "He was one of the most revered people among the Russian emigration"]. Moskovskij Komsomolets (in Russian). Retrieved April 9, 2021.
- Лурье, Олег (Lurie, Oleg) (February 5, 2002). "Прачечная на обороте больничного меню: Темный лес. В "сухом остатке" — миллионы отмытых долларов" [Laundry on the back of the hospital menu: Dark forest. The bottom line is millions of laundered dollars]. «Версия» (in Russian). Retrieved December 21, 2020.
- Березанская, Елена (Berezanskaya, Elena); Евстигнеева, Елена (Evstigneeva, Elena); Козырев, Михаил (Kozyrev, Mikhail) (May 15, 1999). "Все, что нажито непосильным трудом. Как делили промышленный холдинг Инкомбанка. "Ведомости" провели расследование вывода промышленных активов из Инкомбанка после августовского кризиса 1998 г. Вот его результаты (см. также стр. А1). Банк - отдельно, заводы - отдельно" [Everything that is acquired by back-breaking labor How the industrial holding of Inkombank was divided "Vedomosti" conducted an investigation into the withdrawal of industrial assets from Inkombank after the August 1998 crisis. Here are the results (see also p. A1). Bank - separately, factories - separately]. Vedomosti (in Russian). Retrieved December 21, 2020.[dead link] Alt URL
- "The Bank of New York Appoints BankBoston Panama as its Subcustodian in Panama, Expanding Network To 90 Countries". Bank of New York website. October 26, 1999. Archived from the original on August 17, 2000. Retrieved August 6, 2021.
- "BofA offloading BKB ops in Panama, Colombia, Peru". BNAmericas website. December 17, 2004. Retrieved August 6, 2021.
- "Información Corporativa" [Corporate Information]. Banco General (bgeneral.com) (in Spanish). Archived from the original on August 7, 2021. Retrieved August 6, 2021.
- "Organigrama" [Organizational chart]. Banco General (bgeneral.com) (in Spanish). Archived from the original on February 13, 2005. Retrieved August 6, 2021.
- "Corresponsales" [Correspondent]. Banco General (bgeneral.com) (in Spanish). Archived from the original on February 13, 2005. Retrieved August 6, 2021.
- "BankBoston Building". ICIJ. 2015. Retrieved August 6, 2021.
- "Russian mob probe widens. Report: European banks, IMF drawn into Russian money laundering investigation". CNN. August 24, 1999. Archived from the original on December 8, 2001. Retrieved April 15, 2021.
- "Russian moles at banks?". CNN. September 2, 1999. Archived from the original on December 7, 2001. Retrieved April 15, 2021.
- O'Brien, Timothy L.; Bonner, Raymond (February 17, 2000). "Banker and Husband Tell Of Role in Laundering Case". The New York Times. ISSN 0362-4331. Archived from the original on December 12, 2020.
- O'Brien, Timothy L. (November 9, 2005). "Bank Settles U.S. Inquiry Into Money Laundering". The New York Times. ISSN 0362-4331. Archived from the original on December 12, 2020.
- O'Brien, Timothy L.; Bonner, Raymond (August 23, 1999). "Money Laundering Inquiry Uncovers a Woman's Meteoric Rise". The New York Times. Retrieved December 12, 2020.
- ГЛОБАЛИЗАЦИЯ РОССИЙСКОЙ ОРГАНИЗОВАННОЙ ПРЕСТУПНОСТИ
- Bonner, Raymond (September 3, 1999). "Bank of New York Dismisses Second Employee in Laundering Case". The New York Times. Retrieved December 12, 2020.
- Fernandez, Rodrigo (September 3, 1999). "El alcalde de Moscú exige a Yeltsin explicaciones sobre los escándalos económicos que se le atribuyen" [Moscow mayor demands Yeltsin explanations of economic scandals attributed to him]. El Pais (in Spanish). Retrieved December 12, 2020.
- O'Brien, Timothy L.; Bonner, Raymond (August 19, 1999). "Activity at Bank Raises Suspicions of Russian Mob Tie". The New York Times. Retrieved December 12, 2020.
- Unger 2018, p. 218.
- Heffernan, Virginia (January 14, 2018). "Column: A close reading of Glenn Simpson's Trump-Russia testimony". Los Angeles Times. Retrieved January 25, 2021.
- Simpson, Glenn R.; Jacoby, Mary (April 17, 2007). "How Lobbyists Help Ex-Soviets Woo Washington". Wall Street Journal. ISSN 0099-9660. Archived from the original on July 9, 2017. Retrieved November 18, 2021.
- Bohlen, Celestine; Banerjee, Neela (October 13, 1999). "Little-Known Power Broker Emerges in Kremlin Scandals". The New York Times. Retrieved December 12, 2020.
- "Дело BONY. Результаты вскрытия" [The BONY case. Autopsy results]. Время новостей (in Russian). October 16, 2000. Archived from the original on November 24, 2020. Retrieved August 24, 2021.
- Scaruffi, Piero (2020). "Book Review of Karen Dawisha: "Putin's Kleptocracy" (2014)". scaruffi.com. Retrieved December 12, 2020.
- Kochan, Nick (2005). "Chapter 2 BoNYGate". The Washing Machine: How Money Laundering and Terrorist Financing Soils Us. Mason, Ohio: Cengage Learning. ISBN 9781587991592.
- "Banque Libano-Française S.A.L. expands in Europe". Banque Libano-Française website. January 1, 2006. Retrieved April 14, 2021.
- "Banque SBA: History". Banque SBA website. Retrieved April 14, 2021.
- "Europeans build stake as Syria specialist SBA makes capital increase". MEED Middle East Business Intelligence. November 4, 1994. Archived from the original on April 15, 2021. Retrieved April 14, 2021.
- "Who's who: Saeb Nahas". Syrian Observer. January 21, 2014. Retrieved April 14, 2021.
- "Regime Unfreezes Saeb Nahas' Funds After Iranian Pressure". Syrian Observer. October 5, 2020. Retrieved April 14, 2021.
- Funding War Crimes: Syrian Businessmen Who Kept Assad Going (PDF). Pro Justice. 2020. pp. 157–262. Retrieved April 14, 2021.
- O'Donnell, Kathie (April 10, 2006). "Bank of NY and J.P. Morgan swap assets". MarketWatch. Retrieved January 22, 2015.
- "Mellon Financial Profile". The New York Job Source. Retrieved January 14, 2015.
- "Mellon Financial Corporation — Company Profile, Information, Business Description, History, Background Information on Mellon Financial Corporation". referenceforbusiness.com. Reference for Business. Retrieved January 22, 2015.
- Brown, Abram (July 8, 2014). "175 Years Later, The Mellons Have Never Been Richer. How'd They Do It?". Forbes. Retrieved January 22, 2015.
- "The Mellons Go to Work Again". Time. February 7, 1946. Archived from the original on July 31, 2009. Retrieved January 22, 2015.
- Ashworth, Will (January 8, 2015). "The light shines brightly on the family office". Wealth Professional. Retrieved January 22, 2015.
- "Mellon Financial Corporation - American bank". Encyclopædia Britannica. February 3, 2015. Retrieved September 22, 2015.
In 1982 Mellon acquired the Girard Company, a major Philadelphia bank holding company, and in 1985 it merged with Commonwealth National Financial Corporation, a financial-services company based in Harrisburg, Pennsylvania. The Mellon Bank acquired the investment and money-management firm Boston Company, Inc., in 1993 and bought the Dreyfus Corporation, a large manager of mutual funds, in 1994
- Quint, Michael (December 6, 1989). "Mellon Bank to Buy 54 of Meritor's Units". The New York Times. ISSN 0362-4331. Retrieved January 22, 2015.
- Vries, Lloyd (December 4, 2006). "Bank Of New York To Merge With Mellon". CBS News. Retrieved January 22, 2015.
- Dash, Eric (October 14, 2008). "Bank of New York Mellon Will Oversee Bailout Fund". The New York Times. ISSN 0362-4331. Retrieved January 15, 2015.
- "WaMu, BNY Mellon latest to shed jobs". NBC News. AP. November 21, 2011. Retrieved January 15, 2015.
- Atal, Maha (July 23, 2009). "Banker: "TARP helped avert a global calamity"". Fortune. Retrieved January 23, 2015.
- Bernard, Stephen (June 17, 2009). "Bank of New York Mellon repays TARP funds". The Seattle Times. Retrieved January 15, 2015.
- Stempel, Johnathan (August 5, 2009). "Bank of NY Mellon pays $136 mln for TARP warrants". Reuters. Retrieved January 15, 2015.
- McGrath, Steve; Patrick, Margot (August 13, 2009). "Lloyds to Sell Insight Investment to Bank of New York Mellon". The Wall Street Journal. ISSN 0099-9660. Retrieved January 14, 2015.
- Huang, Daniel; Dulaney, Chelsey (July 21, 2015). "BNY Mellon Profit Surges 48%". The Wall Street Journal. ISSN 0099-9660.
- "BNY Mellon Initiates GFI Group". Zacks. July 7, 2010. Archived from the original on April 2, 2015. Retrieved January 15, 2015.
- Stein, Charles (April 28, 2011). "BNY Mellon to Buy Talon Wealth Management to Expand in Chicago". Bloomberg. Retrieved January 15, 2015.
- Adler, Joe (March 7, 2013). "Fed Unveils Dodd-Frank Stress Test Results". American Banker. Retrieved January 23, 2015.
- Touryalai, Halah (March 20, 2014). "Stress Test Results: Big Banks Look Healthier As 29 of 30 Pass, Zions Fails". Forbes. Retrieved January 23, 2015.
- O'Leary, Noreen (August 28, 2013). "BNY Mellon Review Meetings Set for Next Week New CMO Judy Hu leads the search". AdWeek. Retrieved January 15, 2015.
- McMains, Andrew (September 12, 2013). "TBWA Wins BNY Mellon's Global Account". Adweek. Retrieved January 15, 2015.
- Babcock, Charles (October 26, 2015). "BNY Mellon Transforms IT One Step At A Time". InformationWeek. Retrieved March 26, 2017.
- Baliva, Zach (June 15, 2016). "Jennifer Cole is Helping Finance Giant BNY Mellon Become a Tech Giant Too". Sync. Guerrero Howe. Retrieved March 26, 2017.
- Boulton, Clint (April 2, 2017). "BNY Mellon Channels Silicon Valley Development Practices". The Wall Street Journal. Dow Jones & Company. ISSN 0099-9660. Retrieved March 26, 2017.
- Fogarty, Susan (October 21, 2016). "Banking On Open Platforms And APIs". NetworkComputing. UBM. Retrieved March 26, 2017.
- Bloomberg News (May 21, 2014). "BNY Mellon reach $585M deal to sell HQ". Crain's New York Business.
- Chaudhuri, Saabira; Morris, Keiko (June 26, 2014). "BNY Mellon to Keep Headquarters in New York City". The Wall Street Journal. ISSN 0099-9660. Retrieved January 15, 2015.
- Baert, Rick (June 25, 2014). "BNY Mellon combines 3 units into new group". Pensions & Investments. Retrieved January 20, 2015.
- "Jeannine Lehman set to leave BNY Mellon". Global Investor. July 20, 2016. Retrieved October 20, 2016.
- Sender, Henny (October 22, 2015). "BNY Mellon launches Asia wealth management strategy". Financial Times. Retrieved January 14, 2015.
- Boulton, Clint (November 20, 2014). "BNY Mellon Hiring Tech Talent for Silicon Valley Innovation Center". The Wall Street Journal. ISSN 0099-9660. Retrieved January 23, 2015.
- MacSweeney, Greg (December 2, 2014). "BNY Mellon Aims to Tap Data Science Talent In Silicon Valley". Wall Street and Technology. Archived from the original on January 6, 2015. Retrieved January 15, 2015.
- Alois, JD (November 27, 2016). "BNY Mellon's 8th Innovation Center Has Opened in Singapore". Crowdfund Insider. Retrieved January 26, 2017.
- BNY Mellon Investment Management (September 20, 2017). "BNY Mellon Investment Management Announces Sale of the CenterSquare Business to CenterSquare Management and Lovell Minnick Partners". PR Newswire. Retrieved September 20, 2017.
- Baer, Justin; Morris, Keiko (January 31, 2018). "Bank of New York Mellon Plans to Move Its Corporate Headquarters in Lower Manhattan". The Wall Street Journal. ISSN 0099-9660. Retrieved March 23, 2019.
- GmbH, finanzen net. "BNY Mellon To Move Headquarters For Second Time In Four Years". Markets Insider. Retrieved March 23, 2019.
- "BNY Mellon buys 101 Barclay for $352M". Real Estate Weekly. October 2, 2018. Retrieved March 23, 2019.
- "1911 Bank Data-Bank of New York Mellon". Money Economics. June 30, 2012. Archived from the original on January 29, 2013. Retrieved November 14, 2012.
- "BankEval Bank Financial Profile: The Bank of New York Mellon - Money Economics". www.bankeval.com. December 31, 2016. Retrieved September 9, 2018.
- Fleisher, Christopher (December 2, 2014). "Avoiding possible proxy fight, BNY Mellon gives board seat to activist investor Trian". Pittsburgh Tribune-Review. Retrieved January 15, 2015.
- "Bank Of New York Mellon Corp". bloomberg.com. Bloomberg L.P. Retrieved January 15, 2015.
- "BNY Mellon Relocates Corporate Headquarters". BNY Mellon. July 25, 2018. Retrieved July 30, 2018.
- Jönsson, Anette (September 2, 2009). "BNY Mellon to expand HK presence with 50 new hires". FinanceAsia. Retrieved January 15, 2015.
- "BNY Mellon". fundweb.co.uk. Fundweb. Retrieved January 15, 2015.
- "Bank of New York Mellon Profile". Yahoo! Finance. Retrieved August 19, 2008.
- "The Bank of New York Mellon Corporation" (PDF). boyarresearch.com. Boyar's Intrinsic Value Research. October 31, 2014. Retrieved January 15, 2015.
- Amjaroen, Kingkarn (June 30, 2014). "3 Definitive Reasons Why The Bank of New York Mellon Corporation Has Much More Potential to Rise". The Motley Fool. Retrieved January 15, 2015.
- "Invested: Corporate Social Responsibility Report 2015" (PDF). BNY Mellon. Retrieved July 27, 2016.
- "Fourth Quarter 2014 Financial Highlights" (PDF). bnymellon.com. The Bank of New York Mellon. January 23, 2015. pp. 19, 27. Retrieved January 15, 2015.
- Singh, Sweta (July 20, 2017). "BNY Mellon profit beats on higher fees and interest rates". Reuters. Retrieved July 24, 2017.
- "Pershing LLC Company Profile". biz.yahoo.com. Yahoo. Retrieved February 6, 2015.
- "Bank of New York's Pershing reorganizes top management". Reuters. March 6, 2013. Retrieved February 6, 2015.
- Milburn, Robert (November 29, 2014). "Quiet Giant". Barron's. Retrieved January 17, 2015.
- Bray, Chad (July 17, 2017). "Bank of New York Mellon Hires Former Visa Head as C.E.O.". The New York Times. ISSN 0362-4331. Retrieved July 24, 2017.
- Mollenkamp, Carrick; Sidel, Robin (September 2, 2011). "BNY Mellon's New CEO Is Old Hand". The Wall Street Journal. ISSN 0099-9660. Retrieved January 15, 2015.
- "Gerald Hassell Profile". Forbes. Archived from the original on December 23, 2014. Retrieved February 5, 2015.
- "Form 8-K Exhibit 99.1: Press release". Bank of New York Mellon Corp via SEC Edgar. September 26, 2016., "Form 8-K". Bank of New York Mellon Corp via SEC Edgar. September 26, 2016.
- Burns, Hilary (November 3, 2014). "From the financial crisis to the Sandusky scandal, this one trait gave success to Karen Peetz of BNY Mellon". BizWomen. Retrieved January 15, 2015.
- Taub, Stephen (May 28, 2008). "BNY Mellon Reshuffles, Names Gibbons CFO". CFO. Retrieved February 5, 2015.
- Baer, Justin (November 13, 2017). "CEO Scharf Names a CFO in Executive Shuffle at Bank of New York Mellon". Fox Business. Retrieved December 5, 2018.
- Williamson, Christine (July 19, 2018). "BNY Mellon reports slip in AUM for quarter, but gain for year". Pensions & Investments. Retrieved December 5, 2018.
- Stein, Charles (February 23, 2016). "BNY Mellon Says Vice Chairman Curtis Arledge to Leave Bank". Bloomberg L.P. Retrieved April 30, 2016.
- "BNY Mellon names Brian Shea CEO of investment services". Reuters. June 25, 2014. Retrieved January 15, 2015.
- McDowell, Hayley (November 14, 2017). "BNY Mellon Investor Services head Shea departs amid major shake-up". Retrieved April 12, 2018.
- "Meet Our Board of Directors". BNY Mellon. Retrieved July 24, 2017.
- Gell, Adam (February 5, 2015). "BNY Mellon elects former Deloitte CEO to board of directors". HITC. Retrieved February 5, 2015.
- Schaeffer, Julie (November 2014). "BNY Mellon's True Return on Investment". Green Building and Design. Retrieved January 22, 2015.
- "Pittsburgh Businesses "On the Frontline" of Corporate Social Responsibility". WESA. December 14, 2014. Retrieved February 23, 2015.
- Grgurich, John (June 14, 2013). "Goldman Sachs Defies Great Vampire Squid Label". The Motley Fool. Retrieved January 22, 2015.
- Massello, Melissa (December 6, 2014). "Companies Where Millennials Thrive: BNY Mellon". PreparedU View. Retrieved February 6, 2015.
- Tascarella, Patty (October 24, 2014). "$1M social innovation challenge launched by BNY Mellon, foundation". Pittsburgh Business Journal. Retrieved January 18, 2015.
- "CDP Ranks Top S&P 500 Climate Performers". Environmental Leader. September 24, 2014. Archived from the original on February 25, 2015. Retrieved February 19, 2015.
- Henry, Karen (November 4, 2015). "CDP Reveals 2015 Climate A List". Environmental Leader. Archived from the original on March 11, 2016. Retrieved February 25, 2016.
- "Invested: An Interview With Bny Mellon Corporate Social Responsiblity [sic] Director John Buckley". JustMeans. June 6, 2014. Retrieved January 15, 2015.
- Clancy, Heather (September 11, 2014). "The 2014 Dow Jones Sustainability Index: Abbott to Woolworths". GreenBiz. Retrieved January 15, 2015.
- "Stocks to Track – National-Oilwell Varco, (NOV), SunTrust Banks, (STI), Bank of New York Mellon (BK), Apache (APA)". Techsonian. September 14, 2015. Retrieved October 21, 2015.
- "Dow Jones Sustainability Indices" (PDF). September 19, 2016. Archived from the original (PDF) on December 20, 2016. Retrieved December 18, 2016.
- "BNY Mellon—Fostering Global Inclusion and Multiculturalism". catalyst.org. Catalyst. June 9, 2013. Retrieved January 15, 2015.
- Masud, Maha (May 21, 2013). "Interview: President of BNY Mellon Karen Peetz on Women's Leadership". Americas Society Council of the Americas.
- Masud, Maha (May 21, 2013). "Interview: President of BNY Mellon Karen Peetz on Women's Leadership". Council of the Americas. Retrieved January 15, 2015.
- "25 Most Influential Companies for Veteran Hiring". Diversity Journal. 2014. Archived from the original on February 27, 2015. Retrieved January 15, 2015.
- "NGLCC names top financial services firms for diversity practices". Affinity Inc Magazine. July 23, 2014. Retrieved January 15, 2015.
- Milligan, Jack (September 11, 2014). "How One Large Bank Fosters Innovation". BankDirector.com. Retrieved January 22, 2015.
- Mollenkamp, Carrick (October 5, 2011). "US and New York Sue BNY Mellon". The Wall Street Journal. ISSN 0099-9660. Retrieved October 8, 2011.
- "King World News Interview: Barry Markopolos". King World News. Archived from the original on October 10, 2011. Retrieved October 8, 2011.
- Gara, Antoine (March 19, 2015). "Bank Of New York Mellon Settles Misrepresentation Claims For $714 Million". Forbes. Retrieved March 24, 2015.
- Reuters. "BNY Mellon to pay $180 million to settle foreign exchange lawsuit". Business Insider. Retrieved March 23, 2019.
- Baert, Rick (January 11, 2016). "BNY Mellon faces lawsuit claiming FX transaction overcharges on ADRs". Pensions & Investments. Retrieved March 23, 2019.
- Law, Jacklyn Wille-Bloomberg. "BNY Mellon Sued, Again, Over Foreign Currency Transactions". biglawbusiness.com. Retrieved March 23, 2019.
- Wille, Jacklyn. "BNY Mellon to Pay $12.5M in Foreign Currency Exchange Suit". news.bloomberglaw.com. Retrieved March 23, 2019.
- "Bank of New York Mellon Investigated for Lost Data Tape". www.bankinfosecurity.com. Retrieved March 23, 2019.
- "Connecticut widens probe into BNY Mellon data breach". Reuters. May 23, 2008. Retrieved March 23, 2019.
- "Bank of NY Mellon data breach now affects 12.5 mln". Reuters. August 28, 2008. Retrieved March 23, 2019.
- "Bank of NY Mellon Breach Much Bigger than First Announced". www.bankinfosecurity.com. Retrieved March 23, 2019.
- Egan, Matt (August 31, 2015). "A big bank's glitch adds to confusion on Wall Street". CNNMoney. Retrieved March 23, 2019.
- "Update 2-BNY Mellon pricing glitch affects billions of dollars of funds". Reuters. August 26, 2015. Retrieved March 23, 2019.
- "BNY Mellon to Pay $3M to Settle Probe of System Outage". American Banker. March 22, 2016. Retrieved March 23, 2019.
- "BNY Mellon's payment woes its second big tech glitch in 18 months". Reuters. December 8, 2016. Retrieved March 23, 2019.
- Tempey, Nathan. "Report: More Than Half The City's Privately Owned, Allegedly Public Spaces Aren't Playing By The Rules". Gothamist. Archived from the original on March 23, 2019. Retrieved March 23, 2019.
- Landa, Marjorie (April 18, 2017). "Audit Report on the City's Oversight over Privately Owned Public Spaces" (PDF). comptroller.nyc.gov. Retrieved March 23, 2019.
- "Tribeca Citizen | BNY Mellon's Lobby Is Finally Open to the Public". Tribeca Citizen. Retrieved March 23, 2019.
- "NYC Capital Planning Platform". NYC Capital Planning Platform. Retrieved March 23, 2019.
- "City of New York Community Board 1 Resolution (26 January 2021)" (PDF). Manhattan Community Board 1. City of New York. Retrieved August 19, 2021.
- "BNY Mellon to pay $14.8 million to settle intern bribery probe". Reuters. August 18, 2015. Retrieved March 23, 2019.
- Yan, Sophia (August 18, 2015). "BNY Mellon pays $15 million to settle intern probe". CNNMoney. Retrieved March 23, 2019.
- "SEC.gov | SEC Charges BNY Mellon With FCPA Violations". www.sec.gov. Retrieved March 23, 2019.
- "Bank BNY Mellon bans staff from working at home". Evening Standard. March 6, 2019. Retrieved March 23, 2019.
- "BNY Mellon rethinking decision to yank work-from-home option after outcry". Pittsburgh Post-Gazette. Retrieved March 23, 2019.
- "BNY Mellon shelves tighter work-at-home rules after staff uproar". American Banker. March 8, 2019. Retrieved March 23, 2019.
- "Russia sues Bank of New York for 22.5 bln usd". Forbes.com. May 17, 2007. Archived from the original on December 2, 2008. Retrieved January 7, 2009.
- Parloff, Roger (September 22, 2009). "Russia settles suit against U.S. bank for a pittance". CNN. Retrieved May 27, 2011.
- "BNY Mellon Reaches $34 Million Settlement With South Carolina Relating to Securities Lending Litigation". Global Custodian. Retrieved March 23, 2019.
- Woehr, Maria (January 27, 2011). "South Carolina Sues BNY Mellon". TheStreet. Retrieved March 23, 2019.
- "BNY Mellon settles Sigma lawsuit for $280 million". Reuters. July 6, 2012. Retrieved March 23, 2019.
- "BNY Mellon to Pay More Than $54 Million for Improper Handling of ADRs". sec.org. December 17, 2018. Retrieved December 13, 2019.
- "BNY Mellon to pay more than $54 million for improper handling of ADRs: SEC". Reuters. December 17, 2018. Retrieved December 13, 2019.
- McLaughlin, Tim (January 23, 2015). "BNY Mellon, State Street get profit boost from forex trading". Reuters. Retrieved January 23, 2015.
- Manning, Margie (January 7, 2015). "3 reasons BNY Mellon keeps growing in Tampa". Tampa Bay Business Journal. Retrieved January 17, 2015.
- "Fortune 500 Companies 2018: Who Made the List". Fortune. Retrieved November 22, 2018.
- Dullforce, Annebritt (June 27, 2014). "FT 500 2014". Financial Times. Retrieved January 17, 2015.
- Cunningham, Andrew (November 13, 2014). "World's Safest Banks 2014". Global Finance. Retrieved January 17, 2015.
- Cunningham, Andrew (October 1, 2013). "World's Safest Banks 2013". Global Finance. Retrieved January 17, 2015.
- Wallace, Paul (March 2, 2014). "The Top 500 Banking Brands, 2014". The Banker. Retrieved January 17, 2015.
- "Investor Relations". BNY Mellon. Retrieved April 20, 2018.
- "BNY Mellon Banks On Expanded Sponsorship Portfolio". IEG SR. September 16, 2013. Retrieved January 22, 2015.
- Long, Michael (February 9, 2012). "BNY Mellon names historic Boat Race". SportsPro. Retrieved January 22, 2015.
- "Boat Race sponsors donate sponsorship to Cancer Research UK | UK Fundraising". fundraising.co.uk. Retrieved November 4, 2017.
- Long, Michael (September 11, 2013). "BNY Mellon partners 49ers, Levi's Stadium". SportsPro. Retrieved January 22, 2015.
- "BNY Mellon rows to the Balding beat with the boat race". London Evening Standard. April 2, 2013. Retrieved January 22, 2015.
- Unger, Craig (August 14, 2018). House of Trump, House of Putin: The Untold Story of Donald Trump and the Russian Mafia. Dutton. ISBN 978-1524743505.
- Скуратов, Юрий Ильич (Skuratov, Yury Ilyich) (2013). Кремлёвские подряды: Последнее дело прокурора [Kremlin contracts. The last case of the Attorney General] (in Russian). Moscow: ООО «Издательство Алгоритм» (Algorithm Publishing House). ISBN 978-5-4438-0301-2.
- Official website
- Business data for The Bank of New York Mellon:
- Pershing LLC., a subsidiary of The Bank of New York Mellon Corporation
- 225th Anniversary Commemorative Video
- iNautix Technologies, a subsidiary of The Bank of New York Mellon
- New York Life Insurance and Trust Company Records[permanent dead link] at Baker Library Historical Collections, Harvard Business School.