Has the new Head of Operations from JPMorgan Chase come to BNYM yet? You would think clients would wonder why the Head of Ops role has become such a revolving door. I've lost count ... am I missing someone? That's a lot of names in a very... — read more 

The irony of being lectured during a Town Hall about reducing carbon emissions while also it being insinuated that we’ll need to be in the office more often…

Check those Fidelity accounts, lol!

If you’ve been here for one year and got laid off. How much severance did you get? I know it’s one paycheck per year worked but i heard there may be a minimum amount (3 months i think?) that you get paid.

Uninsured Deposits by Bank: BNY Mellon, $BK: 97% SVB, $SIVB: 94% State Street, $STT: 91% Signature, $SBNY: 90% Northern Trust, $NTRS: 83% Citigroup, $C: 77% HSBC Holdings, $HSBA: 73% First Republic Bank, $FRC: 68% East... — read more 

Who the he-l does BNY Mellon think is gonna do the work in the future?! With all these damn layoffs, massive attrition rates, and barely anyone being hired anymore to fill the damn vacancies - who the he-l does BNY Mellon expect to do the work if... — read more 

Close Oriskany office, and reopen a small Syracuse location. Can’t have an office in the middle of nowhere. Stupid & biased decision was made in Jan. 2021 to close E Syracuse and keep Oriskany

A new academic study on 2023 bank fragility concludes that 186 U.S. banks remain vulnerable to a run on deposits that doomed Silicon Valley Bank, Signature Bank and Silvergate bank in the past week. The paper by four professors concludes that the... — read more 

Volumes have been posted here about the lousy leadership. There must be a few bright spots on the EC… leaders who are better than others. Who would those be?

Bank of America, Citigroup, JPMorgan Chase, Wells Fargo, Goldman Sachs, Morgan Stanley, BNY Mellon, PNC Bank, State Street, Truist and U.S. Bank to Make Uninsured Deposits Totaling $30 Billion Into First Republic... — read more 

The bottom line: Companies looking for a reason to bring workers back to the office may find it in this piece. https://www.axios.com/2023/03/17/svb-employees-blame-remote-work-for-bank-failure

I hope none of you have been exposed to this side of the BNY sh&t show. The Jim, Emily and Ben show is comical. No clue.

Lot of whispering going around that BNY is looking to leave Oriskany. Several units are right now in the process of transitioning major functions to India.

Heard that Corporate will be mandating 3 days a week in office now and that they will be monitoring badge swipes.

Dribs and drabs. Actions in Finance, Ops so far. Maybe other areas too. Not a lot, nothing dramatic but some of these folks (and their team mates) did not see it coming.

Silvergate, Silicon, Signature & now Credit Suisse. Moody’s downgrades banking sector outlook, puts 6 on watch list ,warned it could similarly downgrade First Republic Bank, Zions, Western Alliance, Comerica, UMB Financial and Intrust Financial. The... — read more 

I agree with the title statement. BNY Mellon is taking strides 'to do the right thing'. They are never wrong.

I remember when I was laid off as a young man working in a completely different industry, and it was a major blow. But one thing I learned is that the job market is constantly changing and evolving, and you have to make sure you are adaptable to keep... — read more 

No problem here. Rock solid stick price same as 20 years ago

WM has always been a good spot to be out of all the hot garbage departments. But the current CEO has continued to run it into the ground. Our competitors are thriving, we are losing. Someone must have faith in her!? WM is littered with leadership by... — read more 

Silicon Valley Bank Collapses, Biggest Banking Failure Since 2008.Get ready for news on Monday Silicon Valley Bank, known for lending money to some of the biggest technology startups, collapsed on Friday sending investors and depositors into a... — read more 

Crypto… SVB …. Who’s next?? Welcome to the Tsunami

Its starting 4/13. Will be less than Jan. No word on impacted groups, HR finalizes list 4/12

Horrible leadership...internal promotions of 20+ year vets...accepting mediocrity...convincing us there is a culture...no communication...RSUs and CAKE!!!!! Connected.

BNYM is a low cost provider so their best chance is to win as much business as they can and build scale that way. The problem is that they’ve gotten too top heavy and are now in a situation in which they have to increase fees a lot and possibly... — read more 

Stop doing the bank any favors. Do your job, make sure YOUR tasks are all completed and everything else can wait. I feel sorry for those of you who are breaking their backs and for what? BNYM doesn't care about you and will get rid of you the first... — read more 

That’s the only product that has any scale. Accounting services, Transfer Agency, Outsourcing, and D&A are underwater for most clients. BNYM I don’t think will be acquired, but I would anticipate relinquishing a few products would affect thousands of... — read more 

I'm tired of people telling me to be happy and grateful I still have a job when so many people were laid off in the past several months. I don't feel particularly happy working for BNY Mellon at this point. Due to cuts, I have to do twice as much... — read more 

Hey all you “owners” looks like your $590 is now worth $500. We’ll done

All 3 CEO, CFO and CAO in EC committee are now from Goldman Sachs to form a Trinity in the Bank. Now is the time to strike a deal with GS as all the Stars and planetary position are in place. Now is the time to auction and sell the Bank. Let the... — read more 

Frosting a bit too sweet though

Does anyone know whether due to rules of certain countries BNYM has a phased retirement policy in any country? Meaning once someone reaches retirement age they can step down the number of days a week they work for a few years, while maintaining... — read more 

The UK Pension Consultation was extended regarding reducing the non-contributory amount from 12% to 9%. The changes were initially expected to take effect from 1st April, does anyone have any updates? Will this take effect as initially planned or... — read more 

major changes in pipelines, some of it is driven by the regulatory landscape, other with a desire to modernize the infrastructure, both at bank and industry level, wouldn't be surprised if when all said and done, 20% of staff is axed. The settlement... — read more 

10 RSUs not cashable until 2026? Not sure that'll be enough to make me act like a CEO. With 10,000 shares , I would maybe start thinking about it.

https://www.bloomberg.com/news/articles/1998-05-03/a-bid-for-mellon-bank-may-get-nasty?leadSource=uverify wall The sole mistake that Cahouet made was in choosing his successor.

Instead of worrying in advance or trying to rationalize and convince yourself that you are safer than others, rather look for what is offered on the job market. The best antidote to feeling anxiety is taking action and sending resumes. But on the... — read more 

Do vacations and holidays count as in office days? How does this work? Let’s say your on holiday or on vacation 4/5 days of the week how are you coming in twice that week?