JPMorgan Chase Bank, N.A., doing business as Chase, is an American national bank headquartered in New York City that constitutes the consumer and commercial banking subsidiary of the U.S. multinational banking and financial services holding company, JPMorgan Chase. The bank was known as Chase Manhattan Bank until it merged with J.P. Morgan & Co. in 2000. Chase Manhattan Bank was formed by the merger of the Chase National Bank and the Manhattan Company in 1955. The bank merged with Chemical Bank New York in 1996 and later merged with Bank One Corporation in 2004 and in 2008 acquired the deposits and most assets of Washington Mutual.
The Philadelphia Savings Fund Society (PSFS), originally called the Philadelphia Saving Fund Society, was a savings bank headquartered in Philadelphia, Pennsylvania, United States. PSFS was founded in December 1816, the first savings bank to organize and do business in the United States. The bank would develop as one of the largest savings banks in the United States and became a Philadelphia institution. Generations of Philadelphians first opened accounts as children and became lifelong depositors.
The PNC Financial Services Group, Inc. is an American bank holding company and financial services corporation based in Pittsburgh, Pennsylvania. Its banking subsidiary, PNC Bank, operates in 27 states and the District of Columbia, with 2,629 branches and 9,523 ATMs. PNC Bank is on the list of largest banks in the United States by assets and is one of the largest banks by number of branches, deposits, and number of ATMs.
BNY Mellon Center is a 55-story skyscraper located at 500 Grant Street in downtown Pittsburgh, Pennsylvania. Standing 725 ft (221 m) tall, it is the second-tallest building in the city. Announced on March 27, 1980, the tower was completed in June 1984. It was initially planned to be the world headquarters of the Dravo Corporation by its majority owner at the time and current neighbor U.S. Steel until Dravo was purchased in 1983. Upon opening, the building was named One Mellon Center after Mellon Financial Corporation, which used the tower as the company's global headquarters. In 2007, the company merged with Bank of New York to form The Bank of New York Mellon; the resulting corporation continues to use the building as one of its major offices. In 2008, the building was renamed to its current moniker as part of a branding initiative by The Bank of New York Mellon.
State Street Bank and Trust Company, more commonly known as State Street Global Services or simply State Street, is a subsidiary of State Street Corporation organized as a trust company based in Massachusetts specializing in services to mutual funds and their advisers, collective investment funds, corporate and public pension funds, insurance companies, operating companies and non-profit organizations. Global Services is the largest custodian bank in the world.
BNY Mellon Center is a 54-story office skyscraper located in Philadelphia, Pennsylvania. The height to its structural top is 792 ft. Construction was completed in 1990. The building was formerly called Mellon Bank Center until 2009, when it was renamed as part of a branding initiative for the newly formed Bank of New York Mellon. In early 2019, the building was sold for $451.6 million to Silverstein Properties, a record for a Philadelphia property.
Dreyfus is an American investment management company that deals with investment products and strategies. It was established in 1951 and is currently headquartered in New York City.
A custodian bank, or simply custodian, is a specialized financial institution responsible for providing securities services. It provides post-trade services and solutions for asset owners, asset managers, banks and broker-dealers. It is not engaged in "traditional" commercial or consumer/retail banking like lending.
Tom Renyi is the former Chairman and Chief Executive Officer (CEO) of the Bank of New York Company, a position he held since 1997. He is also the former Executive Chairman of The Bank of New York Mellon Corporation, following BNY and Mellon's merger on July 1, 2007.
Gerald L. Hassell is an American bank executive and is the former Chairman and CEO of The Bank of New York Mellon.
The Bank of New York Mellon Corporation, commonly known as BNY Mellon, is an American banking and financial services corporation headquartered in New York City. The bank offers investment management, investment services, and wealth management services. BNY Mellon was formed from the merger of The Bank of New York and the Mellon Financial Corporation in 2007. It is the world's largest custodian bank and securities services company, with $1.8 trillion in assets under management and $45.7 trillion in assets under custody as of 2023. It is considered a systemically important bank by the Financial Stability Board.
525 William Penn Place is a skyscraper located in downtown Pittsburgh, Pennsylvania. It was completed in 1951 for the Mellon National Bank and the U.S. Steel Corporation. At 520 feet (160 m) tall, it was the second-tallest building in Pittsburgh until 1970, and the third-tallest until 1984. The building has 41 floors and approximately 950,000 square feet (88,000 m2) of office space. Presently it is the third-largest office building by square feet in downtown Pittsburgh. In 2016, BNY Mellon sold the building for $67.65 million.
The Mellon family is a wealthy and influential American family from Pittsburgh, Pennsylvania. The family includes Andrew Mellon, one of the longest serving U.S. Treasury Secretaries, along with famous members in the judicial, banking, financial, business, and political professions. Other notable figures include the prominent banker, R.B. Mellon, and his son R.K. Mellon, who provided funding and leadership for the first Pittsburgh Renaissance.
CIBC Mellon is a joint venture founded in 1996 between the Canadian Imperial Bank of Commerce (CIBC) and then Mellon Financial Corporation to offer asset servicing to institutional investors. Based in Toronto, Ontario, Canada, it comprises two sister companies, CIBC Mellon Trust company and CIBC Mellon Global Securities Services Company.
The National City acquisition by PNC was the deal by PNC Financial Services to acquire National City Corp. on October 24, 2008 following National City's untenable loan losses during the subprime mortgage crisis. The deal received much controversy due to PNC using TARP funds to buy National City only hours after accepting the funds while National City itself was denied funds, as well as civic pride for the city of Cleveland, Ohio, where National City was based.
Integra Financial Corporation was a Pittsburgh-based bank that was eventually acquired by National City Corp. in May 1996 as one of National City's first attempts at becoming a major powerhouse in American banking.
Eagle Investment Systems is an American global provider of financial services technology and a subsidiary of BNY Mellon. Founded in 1989 and based in Wellesley, Massachusetts, Eagle has 15 offices internationally, including offices in Beijing, Chennai, Dubai, London, Montreal, New York City, Pune, San Francisco, Singapore, Sydney and Toronto.
Insight Investment (Insight) is one of the largest global asset management companies, responsible for £683.0 billion of assets under management as of 30 September 2022, represented by the value of cash securities and other economic exposure managed for clients. It manages strategies which include fixed income, liability-driven investment (LDI), cash, absolute return, multi-asset, and equities. Insight is a subsidiary of The Bank of New York Mellon, a multinational financial services corporation.
BNY Mellon Investment Management is the investment management division of BNY Mellon. It is one of the largest asset managers in the world. BNY IM uses seven different specialized investment managers, each with its own strategy and expertise to manage investments.
