The Bank of New York Company, Inc. : 2002 Annual Report on Form 10-K
- Topics:
- Investor Relations
- Tags:
- Bank,
- Bank Of New York Mellon Corp.,
- Company,
- Finance,
- Financial,
- Financial Accounting,
- Financial Services
- Source:
- Bank of New York Mellon
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Overview: The Bank of New York Company, Inc., is a financial holding company and together with its consolidated subsidiaries (the “Company”) (NYSE: BK), has total assets of over $77 billion as of December 31, 2002. The Company provides a complete range of banking and other financial services to corporations and individuals worldwide through its basic businesses, namely, Securities Servicing, Global Payment Services, BNY Asset Management and Private Client Services, Corporate Banking, Global Market Services, and Retail Banking. The Company has focused its strategy on high-growth, fee-based businesses that have transformed the Company from a traditional commercial bank into a premier global securities servicing provider. The Company’s breadth of products and services allow it to build client relationships with investors, issuers and financial intermediaries through many different avenues in major markets and regions throughout the world. The Company’s well-diversified franchise has become an integral part of the infrastructure of the global capital markets. For the year 2002, the Company reported net income of $902 million or $1.24 per diluted share, compared with $1,343 million or $1.81 per diluted share in 2001 and $1,429 million or $1.92 per diluted share in 2000.
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Format: PDF | Size: 454KB | Date: Jan 2002 | Pages: 111
