Pershing, LLC. is a subsidiary of BNY Mellon, the nation’s oldest continuously operating bank, and one of the world’s leading providers of securities services. Pershing has $910.7 billion* in assets held in custody. It’s parent company, the Bank of New York Mellon Corporation, has $25.9 trillion in assets under custody and administration.
“UNDERSTANDING THE PROTECTION OF CLIENT ASSETS”
“Pershing, LLC. has been a leading global provider of financial business solutions for over 70 years and serves many of the world’s most respected financial organizations, remaining committed to the safekeeping, servicing, segregation and reporting of assets held in custody.”
Read full article (courtesy of Pershing.com)