| The Bank of New York Mellon Corporation (BNY Mellon) is a global financial services company. BNY Mellon's subsidiaries engage in trust and custody activities, investment management services, banking services and various securities-related activities. The Company operates through seven segments: Asset Management; Wealth Management; Asset Servicing; Issuer Services; Clearing and Execution Services; Treasury Services and Other. Bank of New York Mellon was formed in July 2007, through a merger between The Bank of New York Company, Inc. and Mellon Financial Corporation of Pittsburgh. In June 2008, U.S. Bancorp's lead bank, U.S. Bank National Association, acquired Mellon 1st Business Bank in California, a wholly owned subsidiary of the Company. In October 2008, Affiliated Managers Group, Inc. announced the completion of its investment in Gannett Welsh & Kotler, LLC (GW&K). As part of the transaction, the Company purchased the entire ownership interest in GW&K from BNY Mellon. |
