Bank of New York Mellon was formed in 2007 through a merger between The Bank of New York Company, Inc. and Mellon Financial Corporation of Pittsburgh. It works with a team of 42,600 more than employees worldwide. The company has over $1 trillion assets under management. It offers management and securities services solutions, such as asset and wealth management and treasury and issuer services. Bank of New York Mellon serves clients in the financial, media, retail, real estate, energy, debt structuring and trading markets. It operates in more than 300 countries worldwide and serves over 100 markets. The company offers clearing and treasury services. Bank of New York Mellon also provides services to various corporations, government agencies, unions, foundations, endowments, mutual funds and high-net-worth individuals. It maintains its headquarters in New York City.