| Business Summary | | The
Bank
of
New
York
Company,
Inc.
is
the
bank
holding
company
of
The
Bank
of
New
York
(BNY),
a
New
York
chartered
banking
corporation.
BNY
was
founded
in
1784
by
Alexander
Hamilton
and
is
the
United
States'
oldest
bank.
With
over
$73
billion
in
total
assets
as
of
March
31,
2001,
the
Company
provides
a
complete
range
of
banking
and
other
financial
services
to
corporations
and
individuals
worldwide
through
its
basic
businesses.
The
Company's
basic
businesses
are
Securities
Servicing
and
Global
Payment
Services,
Corporate
Banking,
BNY
Asset
Management
and
Private
Client
Services,
Retail
Banking,
and
Global
Market
Services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | BK
is
a
holding
company
for
The
Bank
of
New
York,
offering
securities
and
cash
processing,
trust,
investment
management,
private
and
corporate
banking
and
other
services.
For
six
months
ended
6/01,
interest
income
decreased
9%
to
$1.96
billion.
Net
interest
income
after
loan
loss
provision
decreased
2%
to
$851
million.
Net
income
applicable
to
Com.
rose
11%
to
$769
million.
Results
reflect
a
decrease
in
loans,
offset
by
increased
securities
servicing
fees. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Thomas Renyi, 55 Chairman
and CEO | $13.2M | $6.9M | Gerald Hassell, 49 Pres | 7.4M | 4.6M | Alan Griffith, 59 Vice
Chairman | 6.2M | 3.7M | Bruce Van Saun, 43 Sr.
Exec. VP, CFO | 5.1M | 657K | Robert Mueller, 59 Exec.
VP, Sr. VP | 4.5M | 3.9M | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|