The Bank of New York, sometimes BNY, is a global financial services company operating in four primary business areas: securities servicing, treasury management, investment management, private banking. Bank of New York and Mellon Financial Corporation will merge. According to Mellon and Bank Of New York the merged corporation will be named The Bank of New York Mellon Corporation.
The Bank of New York was founded by Alexander Hamilton in 1784, making it the oldest bank in the United States. He wrote the new bank's constitution and became the individual most actively involved in the organization of The Bank of New York, guiding it through its early stages. The bank opened for business at the Walton House in Lower Manhattan on June 9, 1784, only a few months after the departure of British troops from American soil.
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The Bank of New York, sometimes BNY, is a global financial services company operating in four primary business areas: securities servicing, treasury management, investment management, private banking. Bank of New York and Mellon Financial Corporation will merge. According to Mellon and Bank Of New York the merged corporation will be named The Bank of New York Mellon Corporation.