![]() Earthtimes.org | Bank of New York Agrees to Acquire Mellon Financial (Update7) Bloomberg - By Adrian Cox and Danielle Kost. Dec. 4 (Bloomberg) -- Bank of New York Co. agreed to buy Mellon Financial Corp. for about $16.5 billion creating the biggest custodian of assets for institutional investors ... Bank of New York snaps up Mellon Wall Street moves higher as deals ignite |