BNY Mellon, a privately owned company headquartered in New York City, US, was founded in 1784 and employs approximately 47,420 individuals, specializing in financial services. BNY Mellon, formally known as The Bank of New York Mellon Corporation, was formed in 2007 through the merger of The Bank of New York and Mellon Financial Corporation.
On March 13, 2026, analysts including billionaire investor Mario Gabelli highlighted Bank of New York Mellon Corporation's exposure to tailwinds such as a steeper interest-rate curve, stronger deal activity, supportive equity markets, and spending by affluent clients. Earlier that day, Prudential PLC reduced its stake in the bank by 34.1% during the third quarter of 2025, selling 101,161 shares. Also on March 13, Dodge & Cox lowered its holdings in The Bank of New York Mellon Corporation by 7.4% in the third quarter of 2025, according to its SEC disclosure. This followed an analysis from BNY Mellon’s research division published earlier on March 13, which indicated significant rotation in emerging market currency flows during the first quarter of 2025, driven by energy price volatility and shifting global risk sentiment.