Mellon Financial
Mellon Financial Corporation was 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 services. On December 4, 2006 it announced a merger agreement with Bank of New York, to form The Bank of New York Mellon. After regulatory and shareholder approval, the banks completed the merger on July 2, 2007.
Read more about Mellon Financial: History, Merger With Bank of New York
Famous quotes containing the words mellon and/or financial:
“There is no reason for any suggestion that Mr. Hughes would resign, nor is there any reason for the suggestion that Mr. Mellon would resign, if either of them did not get exactly what they wanted from Congress; and I am not going to resign because I don’t get what I want.”
—Calvin Coolidge (1872–1933)
“A theory of the middle class: that it is not to be determined by its financial situation but rather by its relation to government. That is, one could shade down from an actual ruling or governing class to a class hopelessly out of relation to government, thinking of gov’t as beyond its control, of itself as wholly controlled by gov’t. Somewhere in between and in gradations is the group that has the sense that gov’t exists for it, and shapes its consciousness accordingly.”
—Lionel Trilling (1905–1975)