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Bank of New York Mellon ranks as the safest U.S. bank, for the third consecutive year…August 25th, 2011 | Smith Investment Management

Bank of New York Mellon ranks as the safest U.S. bank, for the third consecutive year…August 25th, 2011

September 13, 2011 by  

Smith Invest­ment Man­age­ment uses BNY Mellon’s Bank Trust Plat­form to hold client assets.

It is an insti­tu­tion that is liv­ing up to its rich heritage.

  • In 1784, Alexan­der Hamil­ton founded the Bank of New York, now the old­est ongo­ing bank­ing orga­ni­za­tion in the United States.
  • In 1792, The Bank becomes the first stock traded on the New York Stock Exchange.
  • 2009 FORTUNE magazine’s rank­ings of The World’s Most Admired Com­pa­nies, Bank Of New York Mel­lon ranked num­ber one for the 2nd straight year in a row among Super­re­gional banks. It has been ranked num­ber one, five of the last six years. It is a global leader in asset ser­vic­ing and asset management.
  • It is the world’s num­ber one asset ser­vicer, with over $20 tril­lion in assets under cus­tody.
  • August 25th, 2011; Bank of New York Mellon ranks as the safest U.S. bank for the third con­sec­u­tive year, by Global Finance Magazine.

The Bank of New York Mellon

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