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Brief Excerpt: | ...Ratings Affirmed with Stable Outlook: Bank of New York Mellon Corporation's (BNY Mellon) Long-Term Issuer Default Rating (IDR) of `AA¡' reflects its strong franchise in asset servicing and asset management, conservatively managed balance sheet and strong liquidity position. Leading Franchise Supports Ratings: BNY Mellon's ratings continue to be supported by its leading franchise in global trust and custody and a competitive position in the asset management and private wealth management businesses, along with its dominant position in securities clearing. This scale and breadth of product offerings, in businesses that have high barriers to entry, result in strong and sticky client relationships. High Balance Sheet Liquidity: Fitch views BNY Mellon's low-risk and highly liquid balance sheet as a key rating strength, with about 49% of its assets invested in cash and high-quality securities. This is a product of BNY Mellon's conservative risk appetite and business model, which generates significant... |
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Report Type: | |
Company(ies) | Bank of New York Mellon Corp/The
, BNY Mellon National Association
, The Bank of New York Mellon
, Mellon Funding Corporation
, BNY Institutional Capital Trust A
, Bank of New York Mellon Trust Company, National Association
, The Bank of New York Mellon Corporation
, The Bank Of New York Mellon (International) Ltd
, Mellon Capital III
, The Bank of New York Mellon (Luxembourg) S.A.
, Bank Of New York Mellon Sa/Nv (Luxembourg Branch)
, THE BANK OF NEW YORK MELLON SA
, Bank of New York Mellon SA-NV/Italy
, The Bank of New York Mellon Luxembourg S.A. |
Ticker(s) | |
Issuer | The Bank of New York Mellon (Luxembourg) S.A. |
Format: | PDF |  |
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