Is Pershing privately held?

Pershing LLC is a subsidiary of The Bank of New York Mellon Corporation. Founded in 1939 and purchased by The Bank of New York in 2003, Pershing retains its brand identity, proven track record, and strong corporate culture.

The Bank of New York Mellon Corporation was formed in July 2007 by the merger of The Bank of New York Company, Inc. and Mellon Corporation, creating a global financial services company operating in 34 countries and serving more than 100 markets. Today, The Bank of New York Mellon is a leading provider of financial services for institutions, corporations, and high-net-worth individuals. It provides superior asset management, wealth management, asset servicing, issuer services, and treasury services through a team of more than 40,000 professionals worldwide. The Bank has $22.4 trillion in assets under custody and administration and more than $1 trillion in assets under management.