The Bank of New York Mellon

The Bank of New York Mellon

Global financial services with asset management

Overview

BNY Mellon combines traditional asset management, custody, and investment services with digital capabilities. It is building a multi-asset digital platform that links cryptocurrencies and tokenized securities with conventional financial systems, serving individuals, corporations, and institutional clients. Pershing X expands digital capabilities to improve client experiences; the firm earns fees, commissions, and interest income. By integrating ESG factors and partnering with Citi and Verizon, it aims to connect digital innovation with secure, scalable financial services.

About The Bank of New York Mellon

Simplify's Rating
Why The Bank of New York Mellon is rated
B
Rated A on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Fintech

Crypto & Web3

Financial Services

Company Size

10,001+

Company Stage

IPO

Headquarters

Town of East Hampton, New York

Founded

1784

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Simplify's Take

What believers are saying

  • Second-quarter 2026 revenue reached $5.7 billion, up 13.3%, beating estimates.
  • BNY plans tokenized Treasuries pilots on its private blockchain by end-2026.
  • Board additions like Vikram Malhotra on October 1, 2026 deepen fintech and banking expertise.

What critics are saying

  • Scilex sued BNY on March 16, 2026, alleging a $100 million stock-loan fraud.
  • Canada's Supreme Court hit BNY on July 31, 2026 for evidence spoliation.
  • BNY's full-time headcount fell to 48,100 by end-2025, signaling relentless automation pressure.

What makes The Bank of New York Mellon unique

  • BNY held $62.6 trillion AUC/A on June 30, 2026, unmatched in custody banking.
  • BNY launched tokenized deposits January 9, 2026 and Digital TA on July 29, 2026.
  • BNY integrates custody, transfer agency, and blockchain rails for institutional asset servicing.

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Funding

Total Funding

$1B

Above

Industry Average

Funded Over

2 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Benefits

Health Insurance

Paid Vacation

Paid Sick Leave

Paid Holidays

Flexible Work Hours

Remote Work Options

Stock Price

Company News

Yahoo Finance
Sep 6th, 2026
BNY Mellon's $62.6T custody business drives 70% of revenue through steady fee-based model

BNY Mellon, the world's largest custody bank, oversees $62.6 trillion in client assets, primarily from pension funds, mutual funds, and other institutional investors. The bank generated $5.7 billion in revenue in the second quarter, up 13% year over year, with 70% derived from asset custody and servicing fees. Custody banks hold and service assets for large institutional customers, operating with a fee-based business model that generates reliable earnings across market cycles. BNY Mellon's fees increase as asset levels rise through appreciation or net inflows. The bank also earns revenue from investment management and interest income from sweep accounts, where idle client cash is invested in high-yielding instruments. As one of a handful of major custody banks, BNY Mellon benefits from a competitive moat and has been the best-performing bank stock over the past five years.

American Market News
Sep 6th, 2026
Bank of New York Mellon Corp Makes New $4.22 Million Investment in The Pennant Group, Inc. $PNTG

Bank of New York Mellon Corp acquired a new stake in The Pennant Group, Inc. (NASDAQ:PNTG – Free Report) during the 2nd quarter, Holdings Channel reports. The institutional investor acquired 114,332 shares of the company’s stock, valued at approximately $4,225,000. Other hedge funds also recently made changes to their positions in the company. Caitong International […]

American Market News
Sep 6th, 2026
Bank of New York Mellon Corp Makes New Investment in Liberty Media Corporation – Liberty Formula One Series A $FWONA

Bank of New York Mellon Corp acquired a new stake in shares of Liberty Media Corporation – Liberty Formula One Series A (NASDAQ:FWONA – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 46,067 shares of the company’s stock, valued at approximately $4,033,000. […]

American Market News
Sep 6th, 2026
Bank of New York Mellon Corp Makes New $4.37 Million Investment in Lightwave Logic Inc. $LWLG

Bank of New York Mellon Corp acquired a new position in shares of Lightwave Logic Inc. (NASDAQ:LWLG – Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 461,945 shares of the company’s stock, valued at approximately $4,370,000. Other large investors have also recently […]

American Market News
Sep 6th, 2026
Bank of New York Mellon Corp Makes New $4.58 Million Investment in World Acceptance Corporation $WRLD

Bank of New York Mellon Corp acquired a new stake in World Acceptance Corporation (NASDAQ:WRLD – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 20,447 shares of the credit services provider’s stock, valued at approximately $4,577,000. A number of other institutional […]

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