Bank of New York Mellon rStock RBNY
RBNY
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Description
BNY Mellon provides asset custody and investment services businesses. As a large-scale financial infrastructure institution, it primarily serves institutional investors, handling the safekeeping, clearing, and settlement of securities, as well as administering the daily affairs of cross-border financial assets. Additionally, the company operates asset management and wealth management divisions. Business revenue is primarily derived from charging custody fees, clearing commissions, and asset management fees to financial peers and institutional clients.