High Quality Content by WIKIPEDIA articles! BNY Mellon Corporation (NYSE: BK) is a global financial services company formed on 1 July 2007 as result of the merger of The Bank of New York and Mellon Financial Corporation. The company employs about 42,900 staff worldwide and has over US$928 billion in assets under management and $20.2 trillion in assets under custody and administration. It operates in six primary financial services sectors including asset management, asset servicing, wealth management, broker-dealer and advisory services, issuance services, and treasury services. It is the oldest banking corporation in the United States, tracing its origins to the establishment of the Bank of New York in 1784, by American Founding Father Alexander Hamilton.