| From Trefis.com: The Bank of New York Mellon Co created a new Sovereign Institutions Group with the focus of providing asset management and advisory services as well as service assets for sovereign wealth funds, sovereign pension plans, central banks, monetary authorities and sovereign owned entities looking for professional advice to meet their future needs and growth plans.
BNY Mellon primarily competes with State Street, JPMorgan Chase and Citigroup in areas like providing investment servicing (asset servicing, issuer services, clearing services) and investment management services to institutional investors around the world..............................................Full Article: Source
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