Today's BNY Mellon was formed in July 2007 through a merger between The Bank of New York Company, Inc. and Mellon Financial Corporation. The combination of two enterprises rich in history, vision and performance has created a global financial services growth company unmatched in its commitment to asset management and servicing.
Together, the two institutions have created one of the world's largest securities servicing provider and a top asset management firm globally — a financial services growth company without peer, founded on the principle of delivering world-class service and performance.
BNY Mellon is a global financial services company focused on helping clients move and manage their financial assets, operating in 34 countries and serving more than 100 markets. The company is one of the leading providers of financial services for institutions, corporations and high-net-worth individuals, providing superior asset and wealth management, asset servicing, issuer services and treasury services through a worldwide client-focused team. It has $21.8 trillion in assets under custody and administration and $1.0 trillion in assets under management, and it services $11.6 trillion in outstanding debt.
BNY Mellon Brasil
BNY Mellon Serviços Financeiros is an indirect wholly owned subsidiary of The Bank of New York Mellon Corporation. It was founded in October 1997 as a joint venture between Mellon Financial Corporation and Banco Brascan to perform investment management in Brazil. The evolution of the portfolio of services and the changes in the shareholders structure (becoming 100% owned by BNY Mellon) have strengthened the image of a company that adapts swiftly to market changes and to the needs of its clients with great technical capacity and creativity.
The fund servicing capability helped BNY Mellon Serviços Financeiros reach one of the leadership positions among independent fund managers and institutional and corporate clients in Brazil. Fund administration, investment management back-office, legal representation, risk and compliance controls services provided to more than one thousand investment funds summing R$ 80.1 billion of assets under administration (ANBIMA - July 2010).