▁of ▁more ▁than ▁$ 2 9 . 3 ▁million , ▁$ 4 . 2 ▁million ▁in ▁pre jud gment ▁interest ▁and ▁a ▁penalty ▁of ▁$ 2 0 . 5 ▁million . ▁ ▁Rec ogn ition ▁and ▁rank ings ▁As ▁of ▁ 2 0 1 5 , ▁B N Y ▁M ell on ▁was ▁the ▁world ' s ▁largest ▁cust ody ▁bank , ▁the ▁sixth ▁largest ▁invest ment ▁management ▁firm ▁in ▁the ▁world ▁and ▁the ▁sevent h ▁largest ▁wealth ▁management ▁firm ▁in ▁the ▁United ▁States . ▁ ▁In ▁ 2 0 1 8 , ▁B N Y ▁M ell on ▁ranked ▁ 1 7 5 ▁on ▁the ▁Fort une ▁ 5 0 0 ▁and ▁ 2 5 0 ▁on ▁the ▁Fin an cial ▁Times ▁Global ▁ 5 0 0 . ▁It ▁was ▁named ▁one ▁of ▁world ' s ▁ 5 0 ▁Saf est ▁B anks ▁by ▁Global ▁Fin ance ▁ ▁in ▁ 2 0 1 3 ▁and ▁ 2 0 1 4 , ▁and ▁one ▁of ▁the ▁ 2 0 ▁Most ▁Val u able ▁Bank ing ▁Br ands ▁in ▁ 2 0 1 4 ▁by ▁The ▁Bank er . ▁ ▁The ▁bank ▁says ▁it ▁is ▁the ▁longest ▁running ▁bank ▁in ▁the ▁United ▁States , ▁and ▁whether ▁it ▁deser ves ▁this ▁recognition ▁is ▁sometimes ▁disput ed ▁by ▁its ▁riv als ▁and ▁also ▁by ▁some ▁histor ians . ▁ ▁The ▁Bank ▁of ▁North ▁America ▁was ▁char tered ▁in ▁ 1 7 8 1 , ▁and ▁was ▁absor bed ▁by ▁a ▁series ▁of ▁other ▁entities ▁until ▁it