Depositary, Custody & Banking

BNY (Bank of New York Mellon)

Verified 23 June 2026

Largest custodian bank and oldest US bank, founded 1784; custody and asset servicing from New York.

The world's largest custodian bank and America's oldest bank, headquartered in New York. Founded in 1784 as the Bank of New York (Alexander Hamilton drafted its constitution) and the first company listed on the NYSE (ticker BK). A global systemically important bank overseeing roughly $52-59 trillion in assets under custody and/or administration and ~$2 trillion under management across about 35 countries. Formed in 2007 by the merger of the Bank of New York and Mellon Financial; rebranded to 'BNY' (dropping the Mellon name from everyday branding) in June 2024, reorganised around BNY Investments, BNY Wealth and BNY Pershing.

Every field below was confirmed against a public source on 23 June 2026. Verification is a check on the data, not an endorsement of the firm.

Jurisdiction
New York
Service line
Depositary, Custody & Banking
Head office
New York, US
Founded
1784
Size
Global (5,000+ staff)
Services
Global custody, Depositary & corporate trust, Asset servicing & administration, Clearing & settlement (Pershing), Treasury services
Jurisdictions served
United States, United Kingdom, Ireland, Luxembourg
Client types
Asset managers, Funds, Banks, Institutional investors, Issuers
Also listed in
Abu Dhabi, Ireland (Depositary, Custody & Banking), Ireland (Fund Administration & Operations), Ireland (Prime Broking, Clearing & Financing), Jersey, London (Depositary, Custody & Banking), London (Prime Broking, Clearing & Financing), Luxembourg, New York (Prime Broking, Clearing & Financing)
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