BNY Mellon, a privately owned global financial services company, was established in 2007 through the merger of The Bank of New York and Mellon Financial Corporation. Headquartered in the US, the company employs approximately 47,420 people. Its origins trace back to 1784.
BNY Mellon confirmed the closure of its Poole branch in the UK, scheduled for next summer. The company also announced the closure of its Liverpool office, with a planned relocation to Manchester. This follows a previous announcement of the Poole branch closure. BNY Mellon operates ten branches across the UK, with its first UK office opening in London in 1967. Additionally, BNY Mellon decreased its prime lending rate to 7.25%.