141:
888:
329:
1529:
987:
27:
430:, followed essentially the same evolution. All were originally large diversified financial service providers, particularly in the corporate banking space in the regions they were located in. However, competition in the corporate loans and retail banking businesses saw them jettison these operations in favor of what were believed to be more stable, fee based business:
457:
Mellon is a large provider of what are known as controlled disbursement accounts. These are checking accounts in specialized locations which are given early warning by the
Federal Reserve as to what checks will be clearing them. Companies can then transfer the exact amount needed to pay those checks,
403:
In 2006, Mellon announced its plans to merge with Bank of New York. Talks began when Tom Renyi approached Robert Kelly about a possible amalgamation between the Bank of New York and Mellon
Financial Corporation. The
831:
423:. Headquartered in New York, it is the world's largest securities servicing firm and one of the world's top ten asset managing firms. The new venture launched its brand identity on October 1, 2007.
357:
In 1999, Martin G. McGuinn became chairman and chief executive officer of Mellon Bank
Corporation. Mellon Bank Corporation then became Mellon Financial Corporation. Two years later, it sold its
479:
1239:
623:
1579:
1501:
2124:
2099:
570:
2094:
447:
284:
In 1929, Richard founded
Mellbank Corporation. In 1946, Mellon National, Mellbank, and the Union Trust Company merged to form Mellon National Bank and Trust Company.
451:
229:. The Mellon family using the bank as a proxy had direct involvement with founding the modern aluminium, oil, consumer electronics and financial industries.
497:
1244:
1566:
485:
467:
381:
1358:
857:
724:
699:
491:
473:
324:, whose parent company had become insolvent. Philadelphia Savings Fund Society, was the first savings bank in the United States, founded in 1819.
911:
287:
A reorganization in 1972 brought about a name change to Mellon Bank, N.A. and the formation of a holding company, Mellon
National Corporation.
2104:
1099:
2114:
1425:
521:
546:
238:
1853:
1508:
302:. The next year, Mellon National Corporation became Mellon Bank Corporation, and purchased Northwest Pennsylvania Corporation of
2129:
2119:
1322:
1559:
1184:
943:
1214:
408:
16.5 billion deal ($ 24.9 billion today) was announced in
December 2006 and finalized on July 1, 2007, with Kelly as the
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1327:
1274:
1254:
1209:
749:
2064:
2039:
1788:
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906:
2009:
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1486:
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1125:
775:
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647:
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1930:
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1135:
804:
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was an
American investment firm which was once one of the world's largest money management firms. Based in
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105:
95:
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317:
688:
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2019:
1793:
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and AFCO Credit
Corporation from The Continental Corporation. The next year, Mellon merged with the
1973:
1768:
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1259:
1201:
1177:
1069:
936:
427:
362:
313:. It is also reported that Mellon operated the 2nd largest financial computing system in the world.
310:
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1234:
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1442:
303:
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1989:
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1432:
1373:
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1304:
435:
198:. After regulatory and shareholder approval, the banks completed the merger on July 2, 2007.
1708:
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8:
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1953:
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218:, as T. Mellon & Sons' Bank. In 1902, the institution became Mellon National Bank.
37:
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2014:
2004:
1958:
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is composed of ten directors appointed by the Bank of New York, and eight by Mellon.
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1900:
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336:
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In 1920, Andrew left his leadership post of the bank to become the longest serving
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91:
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412:(CEO) of the new company, and Renyi as executive chairman. Per the deal, the new
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while then investing the unneeded money or using other funds to pay down debt.
358:
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976:
547:"How Bank of New York Mellon Makes Money: Investment Services and Management"
211:
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65:
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26:
1905:
1833:
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1094:
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893:
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119:
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1963:
1920:
1773:
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1657:
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1587:
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291:
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171:
907:
Mellon
Financial Corporation; history, chronology and additional details
1798:
1733:
1575:
1193:
971:
398:
320:. The next year, Mellon bought 54 branch offices of Philadelphia-based
270:
254:
159:
148:
115:
368:
In 2004, Mellon announced it would purchase Safeco Trust
Company from
2029:
1999:
1994:
1968:
1652:
1162:
1013:
2059:
2034:
1925:
1879:
1808:
1783:
1778:
1629:
234:
183:
832:"Martin G. McGuinn: Executive Profile & Biography - Bloomberg"
273:(as Rockefeller's Standard Oil) were born and nurtured by Mellon.
1915:
1910:
1803:
1693:
369:
266:
246:
175:
986:
1863:
1400:
858:"Finance Officer From Wachovia to Be Chief at Mellon Financial"
377:
187:
1843:
1698:
1599:
230:
522:"BNY Mellon Appoints Regional Washington, D.C., President"
346:
1998 saw Mellon's purchase of United Bankshares, Inc., of
309:
In 1986, Mellon bought Commonwealth National Financial of
281:
in history (serving under three separate administrations).
1948:
952:
195:
921:
700:"Pittsburgh Post-Gazette - Google News Archive Search"
595:"Pittsburgh Post-Gazette - Google News Archive Search"
253:, all were directly founded and managed by the bank.
2125:
Investment management companies of the United States
883:
376:. The same year, it purchased outstanding shares in
332:
The Boston Company logo, c. 1993, acquired by Mellon
2100:
Financial services companies disestablished in 2007
725:"Beaver County Times - Google News Archive Search"
503:Robert E. Kelly (February 13, 2006 – July 1, 2007)
170:asset management, including the Dreyfus family of
2095:Financial services companies established in 1869
2086:
257:(the world's first billion-dollar corporation),
392:
343:, bringing its mutual funds under its umbrella.
335:In 1993, Mellon bought The Boston Company from
186:services. On December 4, 2006, it announced a
166:, it was in the business of institutional and
1560:
1178:
937:
571:"Former Mellon Bank CEO Frank Cahouet dies"
316:In 1991, Mellon bought United Penn Bank of
1567:
1553:
1185:
1171:
944:
930:
419:The merger was completed July 1, 2007, as
221:Mellon Bank was an important force in the
648:"InformationWeek 500: Magnificent Seven"
624:"Bank of New York and Mellon Will Merge"
327:
225:in the United States, especially in the
139:
16:Former investment firm located in the US
1854:University of Pittsburgh Medical Center
750:"James Higgins, 82, Headed Mellon Bank"
669:"Bank Of New York To Merge With Mellon"
2087:
1192:
1100:Mechanics' and Farmers' Bank of Albany
438:in the form of mutual funds and other
1548:
1166:
925:
650:. Information Week. 13 September 2007
617:
615:
544:
500:(January 1, 1999 – February 13, 2006)
206:Mellon was opened in January 1870 by
855:
802:
621:
2105:1869 establishments in Pennsylvania
476:(February 8, 1963 – August 1, 1974)
461:
13:
2115:Defunct banks of the United States
2076:List of corporations in Pittsburgh
612:
494:(April 13, 1987 – January 1, 1999)
14:
2141:
1873:Companies with split headquarters
1789:Industrial Scientific Corporation
879:
322:Philadelphia Savings Fund Society
1528:
1527:
1126:BNY Mellon Center (Philadelphia)
985:
886:
776:"Barnes Is Named To Head Mellon"
488:(March 1, 1981 – April 13, 1987)
482:(August 1, 1974 – March 1, 1981)
426:These two companies, along with
384:and offered them floor space in
354:, and Founders Asset Management.
147:, the corporate headquarters in
25:
1894:Subsidiary company headquarters
912:Mellon Financial Centre, London
849:
824:
803:Berg, Eric N. (14 April 1987).
796:
768:
742:
717:
1667:Other corporation headquarters
1131:BNY Mellon Center (Pittsburgh)
856:Dash, Eric (1 February 2006).
692:
682:
661:
640:
587:
563:
538:
514:
1:
2130:2007 mergers and acquisitions
2120:Companies based in Pittsburgh
1931:Westinghouse Electric Company
1136:Mellon National Bank Building
507:
388:(opened earlier in the year).
298:and Central Counties Bank of
442:) and asset servicing (i.e.
393:Merger with Bank of New York
156:Mellon Financial Corporation
20:Mellon Financial Corporation
7:
1942:strong Pittsburgh relations
805:"Mellon's Chairman Resigns"
671:. CBS News. 4 December 2006
440:separately managed accounts
421:The Bank of New York Mellon
300:State College, Pennsylvania
106:The Bank of New York Mellon
10:
2146:
396:
318:Wilkes-Barre, Pennsylvania
223:mass production revolution
201:
2073:
1982:
1939:
1893:
1872:
1794:Iron City Brewing Company
1684:American Eagle Outfitters
1666:
1643:
1586:
1522:
1502:combined statistical area
1359:Colleges and universities
1351:
1303:
1200:
1144:
1113:
1087:
1033:
1026:
1001:
994:
983:
959:
622:Dash, Eric (2006-12-05).
470:(1946 – February 8, 1963)
168:high-net-worth individual
126:
111:
101:
86:
71:
61:
43:
33:
24:
1974:Thermo Fisher Scientific
1704:Armstrong Communications
1578:corporations within the
1384:Pittsburgh Parking Chair
1070:Eagle Investment Systems
363:Citizens Financial Group
311:Harrisburg, Pennsylvania
1644:Forbes largest private
1453:2018 synagogue shooting
951:
575:Pittsburgh Post-Gazette
448:stock transfer services
410:chief executive officer
386:Mellon Financial Center
350:, 1st Business Bank of
290:In 1983, Mellon bought
279:U.S. Treasury Secretary
49:; 154 years ago
1940:Outside companies with
1819:Mine Safety Appliances
1674:Allegheny Technologies
1646:companies headquarters
1620:PNC Financial Services
333:
304:Oil City, Pennsylvania
237:(now Chevron-Texaco),
152:
75:July 2, 2007
1605:Dick's Sporting Goods
1580:Pittsburgh metro area
1492:Notable Pittsburghers
1088:Historical components
436:investment management
331:
143:
1814:Millcraft Industries
1313:Allegheny Conference
47:January 2, 1870
1954:Dreyfus Corporation
1764:Federated Investors
1719:Bruster's Ice Cream
1635:WESCO International
1323:Chamber of Commerce
452:depository receipts
341:Dreyfus Corporation
21:
1990:Fisher's Big Wheel
1839:Renda Broadcasting
1829:Oxford Development
1413:Fictional settings
1194:City of Pittsburgh
1048:Insight Investment
995:Notable executives
967:Alexander Hamilton
862:The New York Times
810:The New York Times
784:. 10 February 1981
781:The New York Times
754:The New York Times
414:Board of Directors
374:Safeco Corporation
334:
153:
38:Financial services
19:
2082:
2081:
2015:Fisher Scientific
1959:Eaton Corporation
1709:Augustine's Pizza
1542:
1541:
1460:Pittsburgh toilet
1255:District Attorney
1215:Convention Center
1160:
1159:
1083:
1082:
1022:
1021:
902:www.bnymellon.com
836:www.bloomberg.com
545:McFarlane, Greg.
498:Martin G. McGuinn
216:Richard B. Mellon
145:One Mellon Center
138:
137:
2137:
1901:Allegheny Energy
1769:Fiesta Tableware
1689:Ampco Pittsburgh
1610:Howmet Aerospace
1569:
1562:
1555:
1546:
1545:
1531:
1530:
1187:
1180:
1173:
1164:
1163:
1105:Mellon Financial
1031:
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756:. 17 August 1998
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480:James H. Higgins
462:Mellon Bank CEOs
432:asset management
337:American Express
192:Bank of New York
134:
92:Bank of New York
82:
80:
57:
55:
50:
29:
22:
18:
2145:
2144:
2140:
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2085:
2084:
2083:
2078:
2069:
2025:Mesta Machinery
1978:
1941:
1935:
1889:
1868:
1759:EQT Corporation
1679:American Bridge
1662:
1645:
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1538:
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1038:BNY Investments
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729:news.google.com
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486:J. David Barnes
468:Frank R. Denton
464:
444:corporate trust
401:
395:
382:Pareto Partners
243:CBS Corporation
204:
190:agreement with
130:
78:
76:
53:
51:
48:
17:
12:
11:
5:
2143:
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2017:
2012:
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1885:Nova Chemicals
1882:
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1849:Sarris Candies
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1448:Jewish history
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1343:Stock Exchange
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628:New York Times
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397:Main article:
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361:operations to
359:retail banking
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263:General Motors
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2043:
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2040:J&L Steel
2038:
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2033:
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2028:
2026:
2023:
2021:
2018:
2016:
2013:
2011:
2008:
2006:
2003:
2001:
1998:
1996:
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1981:
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1892:
1886:
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1878:
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1875:
1871:
1865:
1862:
1860:
1859:Vocelli Pizza
1857:
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1850:
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1739:Consol Energy
1737:
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1729:CNX Resources
1727:
1725:
1724:Calgon Carbon
1722:
1720:
1717:
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2065:Westinghouse
2020:Integra Bank
1906:FedEx Ground
1834:PTC Alliance
1593:headquarters
1588:
1526:
1389:Picklesburgh
1369:cookie table
1352:Other topics
1328:Corporations
1104:
1095:Irving Trust
1075:Pershing LLC
1058:Walter Scott
1027:Subsidiaries
894:Banks portal
865:. Retrieved
861:
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839:. Retrieved
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631:. Retrieved
627:
602:. Retrieved
598:
589:
578:. Retrieved
574:
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554:. Retrieved
551:Investopedia
550:
540:
529:. Retrieved
525:
516:
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428:State Street
425:
418:
402:
296:Philadelphia
239:Westinghouse
220:
205:
172:mutual funds
164:Pennsylvania
155:
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120:Pennsylvania
112:Headquarters
90:Merged with
1964:Spreadshirt
1921:Respironics
1744:Dollar Bank
1658:Giant Eagle
1615:Kraft Heinz
1509:Skyscrapers
1065:CIBC Mellon
352:Los Angeles
292:Girard Bank
180:shareholder
174:, business
2110:BNY Mellon
2089:Categories
1799:Kennametal
1754:Eat'n Park
1734:Compunetix
1576:Pittsburgh
1426:television
1225:Courthouse
1202:Government
972:Aaron Burr
917:Who We Are
675:2007-08-08
654:2007-09-21
633:2007-08-08
580:2020-08-10
556:2020-08-10
531:2020-08-10
508:References
399:BNY Mellon
271:ExxonMobil
255:U.S. Steel
194:, to form
160:Pittsburgh
151:, at night
149:Pittsburgh
132:mellon.com
116:Pittsburgh
96:BNY Mellon
94:to become
79:2007-07-02
54:1870-01-02
2030:GC Murphy
2000:Clark Bar
1995:BodyMedia
1824:Niche.com
1714:Black Box
1653:84 Lumber
1487:Nicknames
1467:Hospitals
1379:Green Man
1280:Education
1270:Libraries
1220:City Hall
1114:Buildings
1014:Tom Renyi
102:Successor
2060:Telerama
2050:Rockwell
2035:Gulf Oil
1983:Historic
1926:Vivisimo
1880:ModCloth
1809:MARC USA
1784:Highmark
1779:Guru.com
1630:US Steel
1533:Category
1443:timeline
1417:Filming
1338:HYP Club
1295:Regional
1245:InterGov
960:Founders
867:18 March
841:18 March
816:18 March
788:18 March
760:18 March
734:18 March
709:18 March
604:18 March
251:Rockwell
235:Gulf Oil
184:investor
34:Industry
2055:Sunbeam
2045:Ketchum
1916:Lanxess
1804:Koppers
1694:Arconic
1589:Fortune
1477:Museums
1433:History
1396:Dialect
1374:theatre
1364:Culture
1305:Economy
1275:Transit
1260:Sheriff
1235:Council
1210:Airport
1043:Dreyfus
380:-based
372:-based
370:Seattle
267:Koppers
247:Siemens
227:Midwest
202:History
176:banking
127:Website
77: (
72:Defunct
62:Founder
52: (
44:Founded
1969:Macy's
1864:Wabtec
1514:Sports
1497:Region
1401:Yinzer
1250:Police
1240:Events
1145:Others
1053:Newton
1002:Former
434:(i.e.
378:London
249:) and
188:merger
178:, and
122:, U.S.
2005:Dravo
1844:rue21
1699:ANSYS
1600:Alcoa
1472:Media
1421:films
1285:Parks
1230:Mayor
1152:NEXEN
348:Miami
259:Heinz
241:(now
231:Alcoa
2010:EDMC
1438:name
1408:Flag
1290:Port
1265:Fire
869:2018
843:2018
818:2018
790:2018
762:2018
736:2018
711:2018
606:2018
450:and
269:and
245:and
214:and
182:and
87:Fate
1949:BNY
1911:GSK
1774:GNC
1591:500
953:BNY
454:).
294:of
196:BNY
2091::
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614:^
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365:.
306:.
81:)
56:)
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