Bank of New York Mellon
U.S. Bancorp wasn't the only conviction buy that Berkshire Hathaway made in the banking sector -- the other was Bank of New York Mellon ( BK). And like USB, BNY Mellon's best attributes are the factors that make it different from the other banks on the market. BNY Mellon is one of the biggest custody banks and asset managers in the country, catering to financial firms' back-office needs rather than lending cash to retail and commercial banking customers.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts