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Bank of New York Mellon (Bank of New York Mellon) Payments on Behalf of Employees


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What is Bank of New York Mellon Payments on Behalf of Employees?

Payments on Behalf of Employees only applicable to companies reporting Cash Flow from Operations in direct method.

Bank of New York Mellon (Bank of New York Mellon) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Bank of New York Mellon Corp (NYSE:BKpC.PFD) » Definitions » Payments on Behalf of Employees
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Address
240 Greenwich Street, New York, NY, USA, 10286
Website
https://www.bnymellon.com
BNY Mellon is a global investment company involved in managing and servicing 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 $44.3 trillion in under custody and administration (as of Dec. 31, 2022), and can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute, or restructure investments. BNY Mellon's asset-management division manages about $1.8 trillion in assets.