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Mellon Financial Corporation was an American investment firm which was once one of the world's largest money management firms. Based in Pittsburgh , Pennsylvania , it was in the business of institutional and high-net-worth individual asset management, including the Dreyfus family of mutual funds , business banking , and shareholder and investor ...
In 1993, Mellon acquired The Boston Company from American Express and AFCO Credit Corporation from The Continental Corporation. The following year, Mellon merged with the Dreyfus Corporation, bringing its mutual funds under its umbrella. [79] In 1999, Mellon Bank Corporation became Mellon Financial Corporation.
In 2018, BNY Mellon IM merged three of its investment firms (Mellon Capital Management, Standish Mellon Asset Management and The Boston Company Asset Management) to form a new unit called Mellon Investments. Due to rising technology and research costs, such consolidation was done so costs could be shared. [3]
Mellon was the chief financier in the 1977 formation of Guilford Transportation Industries (GTI), [11] a holding company named for his native Guilford, Connecticut.In 1981, GTI purchased the Maine Central Railroad from U.S. Filter Corporation, adding the Boston & Maine and Delaware & Hudson railroads in 1983 and 1984, respectively.
On Feb. 19, Capital One announced that it’s acquiring Discover Financial Services for $35.3 billion which, ... Mellon Financial Corp. $18.4 billion. Oct. 3, 2008. Wells Fargo. Wachovia Corp. $15 ...
Top Analyst Reports for Boston Scientific, ... Southern Company & BNY Mellon. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ...
The following is a list of presidents of Bank of New York from inception in 1784 until its 2007 merger with Mellon Financial. History The Walton Mansion housed the ...
On April 25, Boston Partners moved into its office at One Financial Center and on May 8, started managing assets for clients. 90% of its clients were former BCAM clients. A legal battle between BCAM and Boston Partners ensued with BCAM suing five of Boston Partners' founders claiming a breach of fiduciary duty and misappropriation of trade ...
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