The Bank of New York Company, Inc. (BNY) is a financial holding company that provides a complete range of banking and other financial services to corporations and individuals worldwide through its consolidated subsidiaries. The Company has focused its strategy on high-growth, fee-based businesses that have transformed BNY from a traditional commercial bank into a global securities servicing provider. The Company has six core businesses: securities servicing, global payment services, asset management and private client services, corporate banking, global market services and retail banking. BNYs foreign activities consist of securities servicing, global payment services, trust and banking services provided to customers domiciled outside of the United States, principally in Europe and Asia. In addition to The Bank of New York (Europe), the Company operates through 27 branches and representative offices in 25 countries.