Bank of New York Mellon Corporation - Fitch Research

Bank of New York Mellon Corporation

Bank of New York Mellon Corporation - Fitch Research
Bank of New York Mellon Corporation
Published Apr 12, 2019
18 pages (10779 words) — Published Apr 12, 2019
Price US$ 550.00  |  Buy this Report Now

About This Report

  
Brief Excerpt:

...Ratings Affirmed with Stable Rating 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 competitive position in the asset management and private wealth management businesses, along with its dominant position in securities clearing. The bank's 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 Ratings views BNY Mellon's low-risk and highly liquid balance sheet as a key rating strength, with about 70% of its assets invested in cash and high- quality securities as of 4Q18. This is a product of BNY Mellon's conservative risk appetite and business...

  
Report Type:

Full Rating Report

Company(ies)
Bank of New York Mellon Corp/The , BNY Mellon National Association , The Bank of New York Mellon , Mellon Funding Corporation , Bank of New York Mellon Trust Company, National Association , The Bank of New York Mellon Corporation , The Bank Of New York Mellon (International) Ltd , 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
Bank of New York Mellon S.A./N.V. - Milan Branch (The)
Format:
PDF Adobe Acrobat
Buy Now

Fitch Research—Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.

About the Author


Cite this Report

  
MLA:
Fitch Research. "Bank of New York Mellon Corporation" Apr 12, 2019. Alacra Store. May 08, 2025. <http://www.alacrastore.com/fitch-credit-research/Bank-of-New-York-Mellon-Corporation-947251_report_frame>
  
APA:
Fitch Research. (). Bank of New York Mellon Corporation Apr 12, 2019. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/fitch-credit-research/Bank-of-New-York-Mellon-Corporation-947251_report_frame>
  
US$ 550.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.