Established in 1784, The Bank of New York Mellon (BNY Mellon) is an American investments company. BNY Mellon provides investment management, investment services and wealth management for institutions and individuals all over the world.
The Bank of New York Mellon has Category B banking license number 72001 issued by the Cayman Islands Monetary Authority. This type of license allows The Bank of New York Mellon to conduct banking and trustee operations with non-residents and domestic banking business with other Cayman Islands licenced entities.
There is no deposit guarantee scheme in the Cayman Islands: in the case of The Bank of New York Mellon failure its depositors will not get any compensation.
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
There is no deposit guarantee scheme in the Cayman Islands.
In the case of The Bank of New York Mellon failure its depositors will not be paid out any compensation.
The Bank of New York Mellon operates under the brand of the same name (The Bank of New York Mellon) which has presence in the following European countries and selected dependent territories of the European countries:
The following banks operating under The Bank of New York Mellon brand name has been recently closed down: