Reducing Activities: company scaling back some business operations while continuing others
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BNY Mellon
BNY Mellon
The Bank of New York Mellon Corporation, commonly known as BNY Mellon, is an American investment banking services holding company headquartered in New York City. BNY Mellon was formed from the merger of The Bank of New York and the Mellon Financial Corporation in 2007.
Reducing Activities: company scaling back some business operations while continuing others
Wait Scaling BackGlob.Revenue, mln.USD
16162
The Company Statement
March 17, 2022
Suspend new business activity and investments; continue cooperation with current clients. JPMorgan Chase and Bank of New York Mellon will stop servicing Gazprombank's correspondent accounts at the end of January 2023.
| March 18, 2022 | Bank of New York Mellon exits Russia, sees $100M hit to Q1 revenue |
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