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logoMorningstarJanuary 20, 2021

The Bank of New York Mellon Corporation: Low Interest Rates a Continued Headwind for BNY Mellon

Symbols
BK
Sector(s)
Financial Services
Rating
Premium
Current Price
$43.68
Fair Value
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Economic Moat
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Stewardship
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Summary

BNY Mellon is a global investment company involved in the management and servicing of financial assets throughout the investment lifecycle. The bank provides financial services for institutions, corporations, and individual investors, and delivers investment management and investment services in 35 countries and more than 100 markets. BNY Mellon is the largest global custody bank in the world, with about $38.6 trillion in under custody and administration (as of Sept. 30, 2020), and can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute, or restructure investment. BNY Mellon’s asset management division manages over $2.0 trillion in assets.

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Analyst Profile

Rajiv Bhatia

Equity Analyst
Rajiv Bhatia is an equity analyst on the financials team for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. His areas of focus include custody banks, credit bureaus, and life insurers.Before joining Morningstar in 2019, Bhatia spent four years analyzing financial technology stocks for clients at Raymond James.Bhatia holds a bachelor's degree in applied mathematics and economics from Northwestern University as well as a master's degree in finance from Washington University in Saint Louis. He also holds the Chartered Financial Analyst® designation.