The Bank of New York Mellon Cor (BNY) Price and Market Data

The Bank of New York Mellon Corporation is a global financial services company specializing in custody, asset servicing, clearing, collateral management, wealth management and investment management. The company supports institutional investors, asset managers, corporations and governments by safeguarding assets, processing securities transactions and providing data and fund administration services. Its business model is more fee-driven and infrastructure-oriented than that of a traditional lending-heavy bank. BNY’s results are influenced by market levels, client asset flows, interest rates, transaction volumes, technology investment and regulatory requirements for systemically important financial institutions.