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Bank of New York

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'''The Bank of New York Mellon Corporation''', headquartered in New York City, USA, is one of the largest asset administration firms in the world, its name resulting from the Bank of New York's acquisition in 2007 of Mellon Financial. "It was The Bank of New York's third attempt to acquire Mellon. Now known as The Bank of New York Mellon (BNY Mellon), the firm has about $20 trillion in assets under custody and more than $1 trillion of assets under management. The company has a presence in over 35 countries, including more than 80 wealth management offices in the US and the UK. Its Pershing subsidiary is a leading securities clearing firm", according to business website ''Hoovers''.
<ref name="Hoovers">[http://www.hoovers.com/bank-of-new-york-mellon/--ID__10177--/free-co-factsheet.xhtml Bank of New York Profile], ''Hoovers'', accessed January 2008.</ref>

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