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Following the merger, it adopted the brand name The Bank of New York Mellon, which was later simplified to BNY Mellon and later again to BNY. It is the world's largest custodian bank and securities services company, [ 3 ] [ 4 ] [ 5 ] with $2 trillion in assets under management and $48.8 trillion in assets under custody as of 2024. [ 6 ]
Walter Scott was born in Glasgow, in May 1947. He attended Eastwood High School and then went to Edinburgh University, where he gained a first-class honours degree in natural philosophy (physics) in 1969. He went on to obtain a Ph.D. at Trinity Hall, Cambridge in 1972, researching theoretical particle physics at the Cavendish Laboratory.
Charles Scharf. Charles W. Scharf (born April 24, 1965) [1] is an American investment banker and business executive who is the chief executive officer and president of Wells Fargo. He was previously the CEO of Visa Inc. [2] and BNY. [3][4]
Gerald L. Hassell. Nationality. American. Alma mater. Duke University. New York University. Occupation (s) former Chairman and CEO of The Bank of New York Mellon. Gerald L. Hassell (born 1952) is an American bank executive and is the former Chairman and CEO of The Bank of New York Mellon. [ 1][ 2]
Eagle Investment Systems is an American global provider of financial services technology and a subsidiary of BNY Mellon. [1] [2] Founded in 1989 and based in Wellesley, Massachusetts, Eagle has 15 offices internationally, including offices in Beijing, [3] Chennai, Dubai, London, Montreal, New York City, Pune, San Francisco, Singapore, Sydney and Toronto.
In 2018, BNY Mellon IM merged three of its investment firms (Mellon Capital Management, Standish Mellon Asset Management and The Boston Company Asset Management) to form a new unit called Mellon Investments. Due to rising technology and research costs, such consolidation was done so costs could be shared. [3]
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