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Industry Center - Money Center Banks
Industry Center > Money Center Banks > Mellon Financial Corporation Company Profile
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Mellon Financial Corporation Company Profile
Mellon has peeled off its thick rind of banking services to expose the succulent fruit of its fee-based offerings. For more than 130 years, the company's retail and corporate banking franchise in the mid-Atlantic region provided its high profile. Today Mellon has all but shed its banking operations in favor of fee-based businesses. These include its Asset Management segment, which consists of such units as Dreyfus, The Boston Company, Founders Asset Management, Standish Mellon, and UK-based Newton Investment Management. Mellon also performs asset servicing, institutional trust and custody, securities lending, foreign exchange trading, and treasury services. The Bank of New York is buying Mellon.
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Contact Information
Address: 1 Mellon Center
Pittsburgh, PA 15258-0001
Financial Highlights
Fiscal Year End:December
Revenue (2006):6300.00 M
Revenue Growth (1 yr):15.50%
Employees (2006):16,800
Employee Growth (1 yr):0.60%
Key People
Chairman, President, and CEO, Mellon Financial and Mellon Ba: Robert P. (Bob) Kelly
CFO; EVP and CFO, Mellon Bank: Michael A. Bryson
CIO: Kevin L. Shearan
Industry Information
Sector: Financial
Industry: Money Center Banks
Top Competitors
The Bank of New York Company, Inc. (bk)
Northern Trust Corporation (ntrs)
State Street Corporation (stt)

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