What does BNY Mellon actually do?
The Bank of New York Mellon Corporation (BNY Mellon) is a global financial services holding company that acts as the world's largest custodian bank and securities servicing enterprise. Rather than focusing on traditional retail consumer banking, BNY Mellon specializes in providing asset servicing, asset management, issuer services, and wealth management for institutional clients, mutual funds, governments, and corporations. The institution safekeeps, clears, and services trillions of dollars in global securities and financial assets worldwide.
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