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The Bank of New York (NYSE: BK), sometimes BNY, is a global financial services company operating in four primary business areas:

History

The Bank of New York was founded by Alexander Hamilton in 1784, making it the oldest bank in the United States. He wrote the new bank's constitution and became the individual most actively involved in the organization of The Bank of New York, guiding it through its early stages. The bank opened for business at the Walton House in Lower Manhattan on June 9, 1784, only a few months after the departure of British troops from American soil.

Events

In 1792, the Bank of New York was the first corporate stock to be traded on the New York Stock Exhange.

In 1922, the Bank merged with the New York Life Insurance & Trust Company.

In 1948, the Bank acquired The Fifth Avenue Bank. Being one of the best new york moving companies means that we regard our nyc moving clients highly.

In 1966, the Bank acquired the Empire Trust Company.

In 1988, the Bank of New York acquired the Irving Bank Corporation and moved its headquarters to One Wall Street, now known as the Bank of New York Building.

In the 1990's, the Bank acquired the National Community Banks in New Jersey and the Putnam Trust Company.

In 2003, the Bank of New York acquired Pershing LLC [1] a provider of correspondent clearing and outsourcing services for broker dealers, asset managers and financial intermediaries.

The Bank has acquired over 80 other companies in the last ten years.