Sign Banking Form New York Safe

An Introduction To BNY Mellon Asset Management Form

Apple has 245 billion Westeros in - so where do you think Apple keep all this - do you think they have some sort of vault where they keep discussed or is it in the books pocket actually they use a custodian Bank and today we will look at the worst or just custodian Bank Bank of New York Mellon if you're new to this channel please consider subscribing I mean what you video every day about the stock market about investing and about entrepreneurship and at least twice per week I will analyze one stock Bank of New York Mellon is the largest custodian Bank in the world with thirty three point three trillion u.s. dollars and assessing the custody and what would nine trillion US dollars as assessed in the management what is the custodian Van Aken student that Isabel which does not engage in traditional painting by traditional banking I mean something like lending money things like you can where you can deposit money and you will get interest and when you can open a checking or a savings account or where you can invest for an investment bank where the best will invest your money this is our traditional banking where you can get access to anything yet you will not see ATM of Bank of New York Mellon let's say you give your money to the bank do you think that the bag actually keeps all of your money that's not the case only a few percent they should depends of the country in the United States that process they need to keep in their vaults the rest of the money they can invest if they give it to other people the lettuce money to other people this is how bags make money so the bank will hardly keep all your money it is false but if you give your money with custard and then they will keep the money this is why big corporations such as Apple wealthy individuals and people want a lot of cash they will prefer to keep all the things in the custodian Bank because let's say a bag goes bankrupt a traditional bank goes bankrupt and you have your money there not all of the money is in true only two hundred and fifty thousand US dollars is intrude in an army American bank so if you have 1 billion Westeros in the back in cash and the back goes bankrupt the government will give you back 250,000 Westeros but the rest of the money you are going to lose it because it's not in truth but if you give all of your money one engineers allows to incur student back and the car so that bank even if it is safe let's say goes bankrupt so now because they never actually use the money you will get the money back when you give your money to as custodian back they keep it in their phones but now both of our money is in digital form so they will keep it on computers on servers so it will remain there they are not using it they are not lending this money to anyone so as I constructed that most of the custodian Bank they are for well individuals for hedge funds for mutual funds for big corporations this is where all the money goes and that's why you will see that for a back for normal bank they will have that make the best place in the world the greatest backs in the world is how about three three trillion US dollars as assessing the management but a customer that can have dozens of trillions of dollars as assets under custody because this is where most of the money is back of New York Mellon was founded as Bank of New York in 1784 by two of the American Founding Fathers Alexander Hamilton and Aaron Burr so eventually Aaron Burr and Hamilton the became rivals and they had a jewelled where Alexander Hamilton was shot and killed by Aaron so now let's come back to back on New York manner it was one of the founding members of the New York Stock Exchange in 1792 and it is still the oldest operating bank in the United States the in 2006 back on New York merged with the melon financials to form back of New York Mellon there was one very rich American bank and financial called Andrew Mellon so this is where the name of Melanie come from today if the set of Bank of New York Mellon is bought by or imperfect berkshire hathaway back under your melons has to made a business segments the first one is investment services which is seventy seven percent of revenues so all of these are custodial banking services and how they make manifest from custodian banking is from fees because if you keep from money or you have something buddy but we'll give this back to keep it for you you may take a fee from you and this is how they make most of their money the remaining twenty three percent of revenues come from investment management so yes they do have investment management and that's what i said in the beginning of this video that they have one point nine trillion euros as access under management so they do do wealth management like a traditional tag but it's mainly for wealthy individuals it's not for everyone else because they don't they don't have so many branches and they don't have indians like i say so if you are a wealthy family you have your important individual will cooperation and work back to manage your work you can't do this it's possible and again here both of the money come from fees but they do get money from those transactions actually because they are investing and now let's look at the fundamentals it's at fifty two US dollars per share the pocket cup of the company right now is fifty billion US dollars the PE ratio is 30 the brass per book is one point three six the returns on equity is ten point three percent profit margin twenty six percent dividend yield one point nine eight percent equity ratios in report seven for current ratio 0.53 root Betar zero four nine four and gives you what conflicts with so this phenomena does look fantastic but the data is quite as much as the S&P 500 so zero point nine four which means they the most of the time just for the S&P 500 in the S&P 500 what they will go if the S&P 500 will go down they will go down so it's because it's a safe investment if you are investing in back of New York Mellon you can say that it's a very safe investment very low risk and you should not expecting too much return from this investment even their debt to equity ratio is 0.75 and for a back it's actually very low if you look at the goldman sachs they have a debt equity ratio of more than five so I will say that it is a great stock to own and he said it's a buy of course you should buy the stock if you want this date stock but I'm not going to buy it the reason for this is because I'm looking for multiple banks right now I'm looking in the banking industry looking for smaller banks like this one but the problem here is that I don't really see such a huge growth potential at this price if the price falls to let's say forty four years or so then I would consider body because there that I will get it a potential problem even if the stock pays dividends yes at least it'll grow because the safe stock and even if the recession comes when a recession comes rich people of hit badly by recessions and this affects the business of this page and then maybe you I will find a good opportunity to buy them but for the time being I'm looking at other stuff so let me know in the comments what do you think which is better itself stock with its low crop for a stock in risky stock with high profits thank you for watching this video please like subscribe and share subscribe for one new video every day about the stock market about investing and about out of ownership to make you a better investor have a nice day and goodbye