Established in 2007 from the merger of Mellon Financial Corporation and The Bank of New York Company, Inc., BNY Mellon is a leading investment management and investment services company, uniquely focused to help clients manage and move their financial assets and succeed in the rapidly changing global marketplace.

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BNY Mellon acquires Cutwater Asset Management

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BNY Mellon has announced the successful acquisition on January 2, 2015, of Cutwater Asset Management ("Cutwater"), a U.S.-based fixed income and solutions specialist with a 20-year track record and approximately $22bn in assets under management.

Wells Fargo, HSBC, BNY Mellon and Deutsche sued

HSBC HQ London 3

Wells Fargo, HSBC, Bank of New York Mellon and Deutsche Bank were sued by an Irish securities firm that claims the banks failed to protect investors in their role as trustees of securities backed by home loans that defaulted after the 2008 credit crisis.

BNY Mellon named as Avoca CLO XII Limited's trustee

BNY Mellon

BNY Mellon has been appointed trustee and portfolio administrator for Avoca CLO XII Limited, a €415 million collateralised loan obligation (CLO) launched by KKR. BNY Mellon will also act as account bank, custodian, registrar and paying agent for the CLO.

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HSBC HQ London 3

Wells Fargo, HSBC, BNY Mellon and Deutsche sued

Wells Fargo, HSBC, Bank of New York Mellon and Deutsche Bank were sued by an Irish securities firm that claims the banks failed to protect investors in their role as trustees of securities backed by home loans that defaulted after the 2008 credit crisis.

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Bank of New York Mellon to move HQ

Bank of New York Mellon will move its headquarters to lower Manhattan’s Brookfield Place as part of an effort to scale down its office space and streamline operations.