Name | Value |
---|---|
Revenues | 4,361.0M |
Cost of Revenue | 30.0M |
Gross Profit | 4,331.0M |
Operating Expense | 3,111.0M |
Operating I/L | 1,250.0M |
Other Income/Expense | 41.0M |
Interest Income | 1,100.0M |
Pretax | 1,338.0M |
Income Tax Expense | 270.0M |
Net Income/Loss | 1,067.0M |
The Bank of New York Mellon Corporation offers a wide range of financial products and services globally. Its Securities Services segment provides various financial services such as custody, accounting, securities lending, and data analytics. The Market and Wealth Services segment offers clearing, investment, wealth, and retirement solutions, as well as cash management and trade finance services. The Investment and Wealth Management segment focuses on investment management strategies, distribution of investment products, and wealth and estate planning. The company also engages in leasing, corporate treasury, derivative trading, and renewable energy investment.