Bank of New York Mellon is a publicly traded company owned by its shareholders. Its largest owners in early 2024 were institutional investors. The Vanguard Group, Dodge & Cox, BlackRock, State Street, and Artisan Partners were the top five largest holders.
The Bank of New York Mellon Corporation, commonly known as BNY, is an American international financial services company headquartered in New York City. It was established in its current form in July 2007 by the merger of the Bank of New York and Mellon Financial Corporation.
Like several other banks, Citizens has agreements with several supermarket chains to locate bank branches in the stores. The greatest number of these are in Pittsburgh-based Giant Eagle stores, most of which were acquired in the acquisition of Mellon Financial Corporation's retail banking division.
On June 11, 2024, we announced our brand update from BNY Mellon to BNY, in order to improve the industry's familiarity with who we are and what we do. With these changes, we will also be updating our email domain and internet URL to “bny.com.”
By neglecting its due diligence, the plaintiffs argue that BNY Mellon enabled the sale of these unregistered securities, exposing investors to significant risks and potential losses.
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Who owns BNY Mellon now?
Bank of New York Mellon is a publicly traded company owned by its shareholders. Its largest owners in early 2024 were institutional investors. The Vanguard Group, Dodge & Cox, BlackRock, State Street, and Artisan Partners were the top five largest holders.
BNY Mellon has informed Irish staff that it will close its Wexford office as the bank undertakes a global review of its real estate assets. It is understood that up to 300 jobs are at risk, with the bank's other locations in Dublin and Cork to be unaffected by the move.
Today, Robin Vince, BNY Mellon's President and previously Vice Chair and CEO of Global Market Infrastructure, succeeds Mr. Gibbons, becoming the Company's CEO and a member of the Board of Directors.
Citizens Bank's failure occurred primarily due to insufficient Board and management oversight of its credit administration practices. Specifically, the bank issued loans to commercial trucking clients without adequate credit underwriting, risk management practices, or adequate expertise.
The Bank of New York Mellon is stepping into the future with a new brand name and a new company logo. Say goodbye to BNY Mellon. And say hello to BNY. The Mellon name will fade out of the bank's future marketing materials, as well as its company letterhead and even the bank's lobby on Grant Street in the coming days.
As of Aug 23, 2025, the average annual pay for a Bny Mellon Wealth Management in the United States is $84,883 a year. Just in case you need a simple salary calculator, that works out to be approximately $40.81 an hour. This is the equivalent of $1,632/week or $7,073/month.
Robin Vince is Chief Executive Officer of BNY, a global financial services company that helps make money work for the world — managing it, moving it and keeping it safe. For more than 240 years BNY has partnered alongside its clients, putting its expertise and platforms to work to help them achieve their ambitions.
Some of the bank's division names will be shortened to BNY Investments, BNY Wealth and BNY Pershing. However, the company will continue to operate under its legal name, The Bank of New York Mellon Corp.
Through our direct custodian relationship with the world-renowned Bank of New York Mellon (BNY), the world's largest custody bank overseeing more than USD 50 trillion in assets, we offer seamless multi-currency asset management and custody solutions for client assets in any currency and in any asset class.
It provides clients with access to Canadian market infrastructure and safeguard clients' assets throughout the investment lifecycle. The Branch is a Canadian Federally Regulated Financial Institution. CIBC Mellon is owned jointly by The Bank of New York Mellon (BNY) and Canadian Imperial Bank of Commerce (CIBC).
Is BNY Mellon a good bank? While BNY Mellon is an established and powerful institution, it's probably of little interest to smaller investors. Large-asset and institutional investors will appreciate BNY Mellon's commitment to safe investing, but safe investments often yield small returns.
“The DNA of Mellon is a part of our history and will continue to be a big part moving forward,” Boughner said. The change to BNY is meant to consolidate its brands, including changing BNY Mellon Wealth Management to BNY Investments and BNY Wealth. BNY Mellon Pershing will become BNY Pershing, according to a release.
How much does a managing director at Bank of NY Mellon make?
As of August 2025, the average annual salary for a Managing Director at Bank Of Ny Mellon is $704,973, which translates to approximately $339 per hour. Salaries for Managing Director at Bank Of Ny Mellon typically range from $538,043 to $890,350, reflecting the diverse roles within the company.
Timothy Mellon (born July 22, 1942) is an American businessman, the grandson of Andrew Mellon, and an heir to the Mellon banking fortune. As of June 2024, Forbes estimated the Mellon family's net worth at $14.1 billion. He is a major donor to the Republican Party. Guilford, Connecticut, U.S.
Of this total $1,300,000 was received as a salary, $5,610,000 was received as a bonus, $0 was received in stock options, $16,275,042 was awarded as stock and $110,985 came from other types of compensation. This information is according to proxy statements filed for the 2024 fiscal year.
Before becoming CEO, Robin served as Vice Chair of BNY Mellon, focusing on market operations and risk. His background in global financial services, combined with his emphasis on operational resilience, informs much of his executive messaging.
