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February 17, 2015
BNY Mellon Announces Adjustment to Fourth Quarter 2014 Financial Results

*On February 17, 2015, The Bank of New York Mellon Corporation (the “Company”) announced an adjustment to its financial results for the fourth quarter ended December 31, 2014, to include an additional after-tax litigation expense of $598 million in anticipation of the resolution of several previously disclosed matters, including substantially all of the foreign exchange-related actions. The financial impact of the adjustment is not reflected in the related linked items below. For further information about the impact of the adjustment, please refer to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on February 17, 2015.

Fourth Quarter 2014 Financial Results

Friday, January 23, 2015

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Corporate Governance

The strength of BNY Mellon’s business is a direct reflection of the high standards set by our governance structure. It provides guidance in managing the company for the benefit of all our stakeholders including our investors, clients, employees and communities. Through good governance, we ensure full accountability, compliance and the highest ethical standards from the Board of Directors on down.

VIEW OUR CORPORATE GOVERNANCE GUIDELINES

VIEW OUR BOARD OF DIRECTORS

VIEW OUR AUDIT & NON-AUDIT SERVICES PRE-APPROVAL POLICY

VIEW OUR 2014 ANNUAL MEETING VOTING RESULTS

Corporate Governance Guidelines

I. INTRODUCTION

Together with the Corporation's Certificate of Incorporation and By-Laws and the charters of the committees of the Board of Directors (the "Board"), these Guidelines set forth the governance policies and procedures of The Bank of New York Mellon Corporation (the "Corporation").

These Guidelines should be considered in the context of the Corporation's Directors' Code of Conduct. Directors must comply with the Directors' Code of Conduct.

The Corporation will publish these Guidelines, Board committee charters, and the Directors' Code of Conduct on its website, and will make paper copies available upon request.

II. THE BOARD OF DIRECTORS

A. The Board's Role and Responsibilities

The business and affairs of the Corporation are subject to the general oversight of the Board. The Board's duties and responsibilities are described below.

Director Duties and Responsibilities, Generally

The Board's primary responsibility is to oversee the management of the Corporation in the interest of the Corporation and its stockholders. Directors will perform their duties in good faith and with that degree of care that a prudent person would normally use under similar circumstances.

Directors' oversight duties and responsibilities, which, as appropriate, may be discharged through Board committees, include:

• reviewing the Corporation's business strategies and plans and financial performance;
• selecting and evaluating the Chief Executive Officer ("CEO") and reviewing the process for the selection, evaluation, and development of other key managers;
• reviewing key risks in the Corporation's businesses and overseeing the Corporation's management of those risks;
• reviewing and approving major transactions;
• reviewing the Corporation's processes for compliance with the Director's Code of Conduct and the Code of Conduct for employees;
• reviewing the Corporation's processes for maintaining integrity in financial reporting;
• reviewing the Corporation's processes for compliance with applicable laws and regulations;
• reviewing the Corporation's processes for protecting the Corporation's assets and reputation; and
• approving policies and procedures as may be required by law or otherwise appropriate.

Directors are expected to attend meetings of stockholders, the Board and the committees on which they sit.

It is important that the Corporation speak to employees and outside constituencies with a single voice and that the Corporation's designated officers serve as the primary spokespersons.

The Board's Role in Overseeing Succession Planning

The Board, through the Human Resources and Compensation Committee, will oversee management's planning for succession of senior executive officers of the Corporation, with the involvement of the other independent directors in overseeing the succession planning for the most senior executive officers. To assist in this process, the CEO will periodically prepare and distribute to the Human Resources and Compensation Committee a report on succession planning for all senior officers of the Corporation. In addition, the CEO will prepare and periodically update a short-term succession plan for the delegation of authority to specified officers of the Corporation if some or all of the senior officers should unexpectedly become unable to perform their duties.

The Board's Role in Overseeing Executive Compensation

While the Human Resources and Compensation Committee has overall responsibility for executive compensation matters, as specified in its charter, the Committee will report its preliminary conclusions with respect to the performance evaluation and compensation decisions regarding the CEO to the other independent directors in executive session and solicit their input prior to finalizing the Committee's conclusions. The Committee will also advise and discuss with the other independent directors compensation decisions regarding the President and the process utilized by the Committee.

Annual Board Self-Evaluation

The Board will review its performance annually, taking into account its duties and responsibilities. The Chairman of the Corporate Governance and Nominating Committee will lead the Board's annual performance evaluation.

B. Board Composition and Related Matters

Director Elections

A slate of directors will be recommended by the Corporate Governance and Nominating Committee, nominated by the Board, and submitted to a stockholder vote each year. Stockholders may propose nominees for consideration by the Corporate Governance and Nominating Committee in accordance with procedures and other requirements set forth in the By-Laws and these Guidelines.

Term of Office

Directors serve until the next annual meeting of stockholders or their prior death, resignation or removal.

The Board has determined that imposition of a maximum period of service is not in the interest of the Corporation or its stockholders.

Director Qualifications

The Corporate Governance and Nominating Committee will consider for nomination persons who:

• have the highest level of integrity;
• are capable of evaluating business issues and making practical and mature judgments;
• are willing and able to devote the necessary time and effort required for service on the Board;
• have the skills and personality to work with other directors on a Board that is effective, collegial and responsive to the needs of the Corporation;
• have the necessary self-confidence and articulateness to participate effectively in Board discussions; and
• have diverse experience at senior-level policy-making positions in business, government, education, technology or not-for-profit enterprises.

As set forth in the Charter of the Corporate Governance and Nominating Committee, the criteria for selecting nominees for election as directors of the Corporation shall include, but not be limited to, experience, accomplishments, education, skills, personal and professional integrity, diversity of the Board (in all aspects of that term) and the candidate's ability to devote the necessary time to service as a Director (including directorships held at other corporations and organizations). A person who is 75 years of age or older will not be nominated for election or re-election.

Board Diversity

In considering diversity of the Board (in all aspects of that term), the Corporate Governance and Nominating Committee will take into account various factors and perspectives, including differences of viewpoint, professional experience, education, skill and other individual qualities and attributes that contribute to Board heterogeneity, as well as race, gender and national origin.

Director Independence

The majority of directors will be independent in accordance with the independence standards set forth below and applicable laws and regulations, including the listing standards of the New York Stock Exchange (the "NYSE") and Item 407(a)(3) of Regulation S-K. A director will be considered independent only if the Board has affirmatively determined that the director has no direct or indirect material relationship with the Corporation that would impair his or her independent judgment.

The Board will review factors affecting independence at the time a director is nominated for election or re-election. In making independence determinations, the Board will apply the following guidelines.

A director is not independent if:

• the director is, or has been within the last three years, an employee of the Corporation, or an immediate family member is, or has been within the last three years, an executive officer, of the Corporation;
• the director has received, or has an immediate family member who has received, during any twelve-month period within the last three years, more than $120,000 in direct compensation from the Corporation except in his or her capacity as a Director and except compensation received by an immediate family member for service as an employee (other than an executive officer) of the Corporation or any of its subsidiaries;
• (A) the director or an immediate family member is a current partner of a firm that is the Corporation's internal or external auditor, (B) the director is a current employee of such a firm, (C) the director has an immediate family member who is a current employee of such a firm and who participates in the firm's audit, or (D) the director or an immediate family member was within the last three years (but is no longer) a partner or employee of such a firm and personally worked on the Corporation's audit within that time;
• the director or an immediate family member is, or has been within the last three years, employed as an executive officer of another company where any of the Corporation's present executive officers at the same time serves or has served on the compensation committee;
• the director is a current employee, or an immediate family member is a current executive officer, of a company that has made payments to, or received payments from, the Corporation for property or services in an amount which, in any of the last three fiscal years of such other company's operations, exceeds the greater of $1 million, or 2 percent of such other company's consolidated gross revenues; or
• a contribution (excluding matching gifts) of the Corporation to any charitable organization of which the director serves as an executive officer exceeded the greater of $1 million or two percent of the charitable organization's consolidated gross revenues in a single fiscal year within the past three years.

For purposes of these standards, a "family member" includes a director's spouse, parents, children, siblings, mothers-in-law, fathers-in-law, sons-in-law, daughters-in-law, brothers-in-law, sisters-in-law and anyone (other than domestic employees) who shares the director's home.

A director will be deemed not to be independent if the Board finds that the director has material business arrangements with the Corporation that would jeopardize his or her judgment. In making independence determinations, the Board will review business arrangements between (a) the Corporation and the director, and (b) the Corporation and an entity for which the director serves as an officer or general partner, or of which the director directly or indirectly owns 10 percent of the equity. Such arrangements will not be considered material if:

• they are of a type that the Corporation usually and customarily offers to customers or vendors;
• they are on terms substantially similar to those for comparable transactions with other customers or vendors under similar circumstances;
• in the event that the arrangement had not been made or were terminated in the normal course of business, it is not reasonably likely that there would be a material adverse effect on the financial condition, results of operations, or business of the recipient; or
• in the case of personal loans, all such loans to directors are subject to and in compliance with Regulation O of the Federal Reserve Bank.

In applying the factors listed in (a) through (d), above, the Board may consider such other factors as it may deem necessary to arrive at sound determinations as to the independence of each director, and such factors may override the conclusion of independence or non-independence that would be reached simply by reference to the enumerated facts. In such cases, the basis for independence determinations will be disclosed in the Corporation's Annual Proxy Statement.

Lead Director

A Lead Director shall be selected annually from among the independent directors by a majority of the independent directors.

In addition to the other duties and responsibilities of the Lead Director set forth in these Guidelines or the By-Laws of the Corporation, the Lead Director shall have the following duties and responsibilities:

• Act as a non-exclusive liaison between independent directors and the Chairman and CEO;
• Review and approve, in coordination with the Chairman and CEO, agendas for Board meetings, materials, information and meeting schedules and have the authority to add items to the agenda for any Board meeting;
• Consult and provide guidance on materials and information sent or presented to the Board;
• Preside at Board and stockholder meetings if the Chairman is absent;
• Preside over executive sessions of non-management directors;
• Be available to meet with major shareholders and regulators under appropriate circumstances;
• Discuss, in conjunction with the Chairman of the Human Resources and Compensation Committee, with the CEO the results of the Board's annual evaluation of the CEO's performance; and
• Perform such other functions as the Board shall direct or request from time to time.

Service on Other Boards

The Corporation values the experience directors bring from other boards on which they serve but recognizes that such service may also entail significant time commitments, conflicts or legal issues. Directors should advise the Chairman of the Board and the CEO as well as the Corporate Secretary before accepting a position on the board of directors of another publicly traded company or making any other significant commitment to any business or governmental body beyond the primary occupations in which they were engaged at the time of their most recent election to the Board. They should accept such a position or make such a commitment only after obtaining the consent of the Corporate Governance and Nominating Committee of the Board. Upon receipt of such notice, the Chairman of the Corporate Governance and Nominating Committee shall consult with the Chairman of the Board and the CEO and the Company's General Counsel on such matters prior to the Committee's determination. It is suggested that directors usually not serve on the boards of more than three publicly traded companies in addition to the Corporation. In making its determination, the Corporate Governance and Nominating Committee may take into account any and all factors it deems to be relevant, including without limitation whether the director in question is currently employed or retired from full-time employment, the number of other public-company boards of which the director is a member, any actual or potential conflicts of interest and the director's other commitments.

Director Resignations

• A director who also serves as an officer of the Corporation or any of its subsidiaries will tender his or her resignation as a director when the director discontinues such service.
• A non-management director who retires from, or otherwise discontinues his or her active employment or substantially changes his or her position or responsibilities with, the business or other enterprise with which the director was primarily affiliated at the time of the director's most recent election to the Board should promptly notify the Corporate Secretary of such retirement, discontinuance or substantial change. The Corporate Governance and Nominating Committee will review the director's continued service on the Board in light of all the circumstances and recommend to the Board whether the director should be requested to tender his or her resignation to the Board. If such a request is made, the director shall promptly tender such resignation.
• In accordance with the By-Laws, each director is elected by the vote of the majority of the votes cast (which means the number of votes cast "for" a director's election exceeds the number of votes cast "against" that director's election, with abstentions not counted as votes cast) with respect to that director's election at any meeting for the election of directors at which a quorum is present, provided that if, as of the record date of such meeting as initially announced, the number of nominees exceeds the number of directors to be elected at such meeting (a "Contested Election"), the directors shall be elected by the vote of a plurality of the votes cast.
  
  For an election that is not a Contested Election, any incumbent director who fails to receive a majority of the votes cast will tender his or her resignation to the Lead Director (or such other director designated by the Board if the director failing to receive the majority of votes cast is the Lead Director) promptly after the certification of the stockholder vote. The Lead Director will then refer the matter to the Corporate Governance and Nominating Committee.
  
  The Corporate Governance and Nominating Committee will promptly consider the tendered resignation and recommend to the Board whether to accept or reject it, or whether other action should be taken. If, because of recusals, the Corporate Governance and Nominating Committee is unable to meet and consider the issue with a quorum of its members participating in the discussion, the Board may assign the issue to another committee consisting solely of independent directors. In considering whether to accept or reject the tendered resignation, or to take other action, the Corporate Governance and Nominating Committee (or other committee to which the matter is assigned) will consider whatever factors its members deem relevant including, without limitation, the stated reasons for the "against" votes, the length of service and qualifications of any incumbent director whose resignation has been tendered, the incumbent director's contributions to the Corporation, and the mix of skills and backgrounds on the Board.
  
  The Board will act on the Corporate Governance and Nominating Committee's recommendation (or the recommendation of such other committee to which the matter is assigned) no later than 90 days following the certification of the election in question. In considering the recommendation of the Corporate Governance and Nominating Committee (or such other committee), the Board will consider the factors considered by the Corporate Governance and Nominating Committee (or such other committee) and such additional information and factors as it deems relevant. Following the Board's decision, the Corporation will publicly disclose the Board's decision (and, if applicable, the reasons for rejecting the tendered resignation) in a Form 8-K filed with the Securities and Exchange Commission (the "SEC"). If the Board does not accept the director's resignation, it may elect to address the underlying stockholder concerns or to take such other actions it deems appropriate and in the best interests of the Corporation and its stockholders.
  
  A director who tenders his or her resignation pursuant to this Section (C) will not vote on the issue of whether his or her tendered resignation will be accepted or rejected.
  
  If the Board accepts an incumbent director's resignation pursuant to this Section (C), or if a nominee for director is not elected and the nominee is not an incumbent director, then the Board may fill the resulting vacancy pursuant to the By-Laws.

Vacancies; Board Size

• In the event of a director's resignation, removal or death, the Corporate Governance and Nominating Committee will recommend to the Board whether to fill such vacancy or vacancies or to reduce the size of the Board;
• the Board may fill vacancies with directors who will serve only until the next election of directors, at which point, if nominated in accordance with these Guidelines, they may be elected by the stockholders to continue such service; and
• from time to time and as appropriate, the Corporate Governance and Nominating Committee will make recommendations to the Board regarding the size of the Board.

C. Board Meetings

Meeting Frequency and Calling of Meetings

The Board normally holds six regular meetings per year. Subject to notice to the contrary, regular Board meetings will be held on the second Tuesday of even numbered months.

A special meeting of non-management directors or independent directors may be held at the discretion of the Lead Director.

In the event of the death or disability of the Chairman or CEO, a special meeting of the Board will be held as soon as practical at a date and time to be determined by the Lead Director. The Lead Director will preside at such meeting.

Meeting Agendas and Materials

The Chairman and CEO is responsible for the agendas for the Board meetings. In consultation with, and with input from, the Lead Director, the Chairman and CEO will prepare an agenda for each meeting and cause it to be distributed to Board members in advance of the meeting. Board members may suggest any items for inclusion on the agenda

Information and materials should be transmitted to each director, to the extent practicable, in advance of the Board meeting to which they relate. When time constraints or exceptional circumstances preclude advance distribution, written materials may be distributed at the meeting.

Executive Sessions

Non-management directors will hold an Executive Session without management at each regularly scheduled Board meeting. The Lead Director will preside over executive sessions of non-management directors. At least one such meeting each year will be attended only by independent directors.

Confidentiality

To foster open discussions, the proceedings and deliberations of the Board are confidential. Each director will maintain the confidentiality of non-public information received from the Corporation or its advisors.

D. Board Information and Resources

Management will communicate regularly with directors, who may also consult with other employees and independent advisors, such as independent auditors and outside counsel, as the Board or its committees deem appropriate, the fees of such advisors and the expenses of such consultation to be borne by the Corporation.

In performing his or her duties, a director is entitled to rely in good faith upon the records of the Corporation and upon such information, opinions, reports or statements presented to the Board by any of the Corporation's officers or employees or committees of the Board, or by any such other person as to matters the director reasonably believes are within such other person's professional or expert competence and who has been selected with reasonable care by or on behalf of the Corporation.

E. Board Committees

Committee Structure

The Board will have such committees as may be required by the Corporation's By-Laws — which will include all committees required by the rules of the NYSE — and may appoint such additional committees as the Board may determine to be necessary or convenient for the conduct of its responsibilities.

The Corporation will comply fully with all legal and regulatory requirements concerning the composition, responsibilities and procedures applicable to any committee of the Board, including those applicable to the Audit, Corporate Governance and Nominating, and Human Resources and Compensation Committees.

Each of the Audit Committee, the Corporate Governance and Nominating Committee, and the Human Resources and Compensation Committee, and any other committee required by legal or regulatory requirements, will be composed of at least three members, and all members of these committees will be independent directors.

Independent Directors are expected to serve on one or more committees of the Board.

Directors serving on certain Board committees may also be required to have other qualifications as specified in the relevant committee charters. In particular, members of the Audit Committee must meet all applicable independence requirements and must satisfy the NYSE requirements for (i) financial literacy and (ii) accounting or related financial management expertise; in addition, at least one Audit Committee member will qualify as an "Audit Committee Financial Expert" under the SEC's rules.

Committee Assignments

The Corporate Governance and Nominating Committee will periodically consider possible changes in committee assignments while maintaining flexibility, so that each committee includes directors with the requisite expertise and experience to fulfill its duties and responsibilities, and will recommend changes in committee assignments to the Board as it deems appropriate.

Committee Agendas and Reports

The agenda for each regular meeting of all standing committees of the Board will be furnished to all directors in advance of the meeting. All directors are invited to make suggestions to the committee chairman for additions to the agenda or to request that an item from a committee agenda be considered by the Board. Directors not serving on a committee who have a particular interest in an agenda item for that committee are encouraged to express their views to the committee chairman. The chairman of each committee will report regularly to the Board on matters discussed and actions taken by the committee.

Committee Performance Evaluations

There will be an annual evaluation (which may be a self-evaluation) of the performance of all standing committees of the Board, the results of which will be reported to the full Board.

F. Director Orientation and Continuing Education

Each newly elected director will participate in an orientation program that will include a review of the Corporation's financial position and recent financial results, risk management program, internal audit program, compliance program, Directors' Code of Conduct, Code of Conduct for employees, business plan (focused on key businesses and business objectives), and Board procedures as presented by the Corporation's Chairman, CEO, President, Chief Financial Officer, General Counsel, Chief Risk Officer, Chief Auditor, Director of Human Resources, Secretary, and other senior executives.

The directors will receive additional information about these subjects through their regular meetings, meeting materials, presentations at meetings, and copies of corporate organizational documents, periodic filings, and significant presentations made to analysts and investors.

G. Communications to Directors

The Secretary of the Corporation is authorized to open and review any mail or other correspondence received that is addressed to the Board or any individual director unless the item is marked "Confidential" or "Personal." If so marked and addressed to the Board, it will be delivered unopened to the Lead Director. If so marked and addressed to an individual director, it will be delivered to the addressee unopened. If, upon opening an envelope or package not so marked, the Secretary determines that it contains a magazine, solicitation or advertisement, or is of a general nature not specifically related to the Corporation's business, the contents may be discarded.

The Corporation will maintain, and will publish on its website and in its annual proxy statement, a method for interested parties to communicate with the non-management directors as a group or with the Lead Director.

H. Director Compensation and Expenses

Compensation for non-management directors' services may include annual cash retainers, shares of the Corporation's common stock, deferred stock units or options on such shares; meeting fees; fees for serving as a committee chairman or Lead Director; and fees for serving as a director of a subsidiary of the Corporation. The Corporation will also reimburse directors for their reasonable out-of-pocket expenses, using the principles set forth in the Corporation's policy on executive officer travel and entertainment. Directors are reimbursed for their travel expenses not exceeding, in the case of air fare, the first-class commercial rate. In addition, corporate aircraft and charter aircraft may be used for directors in accordance with the Corporation's Aircraft Policy. Directors will also be reimbursed as provided above for reasonable out-of-pocket expenses (including tuition and registration fees) relating to attendance at seminars and training sessions relevant to their service on the Board and in connection with meetings or conferences which they attend at the Corporation's request.

The Corporate Governance and Nominating Committee will periodically review director compensation and make recommendations to the Board. Such compensation should be consistent with market practice and should align directors' interests with those of long-term stockholders while not calling into question directors' objectivity.

Unless and until amended by the Board on the recommendation of the Corporate Governance and Nominating Committee, the compensation of non-management directors for service on the Board and on standing committees of the Board shall be as follows:

• Annual cash retainer: $110,000 payable quarterly in advance
• Annual membership fee for Audit and Risk Committees: $10,000
• Annual retainers for committee chairmen:
  • Audit and Risk Committees: $30,000
  • Human Resources and Compensation: $25,000
  • Corporate Governance and Nominating, Corporate Social Responsibility, and Technology Committees: $20,000
  • Lead Director Retainer: $50,000

In addition, non-management directors who are members of any special committee of the Board will receive a per meeting fee of $1,800, and each non-management director will receive an annual stock award in an amount to be determined by the Board on the recommendation of the Corporate Governance and Nominating Committee. On the recommendation of the Corporate Governance and Nominating Committee, the Board may also approve other fees for non-management directors, including retainers for the chairman of any special committee of the Board.

I. Director Stock Ownership

By the fifth anniversary of their service on the Board, directors are required to maintain ownership of shares of the Corporation's common stock with a market value of at least five times the annual cash retainer.

III. AUTHORITY VESTED IN MANAGEMENT

Management may exercise any and all authorities as set forth in the By-Laws. Management is authorized to implement plans, make expenditures, and acquire or dispose of assets consistent with the annual operating plan and the annual capital expenditures plan approved by the Board.

All expenditures for fixed assets (whether purchased or leased and whether to be paid directly by the Corporation itself or through any subsidiary) should be authorized in the annual capital expenditures plan approved by the Board. Any such expenditure that would, either individually or when aggregated with related transactions, exceed one percent of the total shareholders' equity of the Corporation as shown on the most recently published balance sheet must be approved by the Board.

All acquisitions and dispositions of assets (whether by the Corporation itself or through any subsidiary) — other than (i) acquisitions and dispositions in the normal course of business, (ii) acquisitions and dispositions of assets that are being or have been acquired through foreclosures or other proceedings on account of loans previously made and (iii) acquisitions of the stock or assets of other entities (addressed below) — that would, either individually or when aggregated with related transactions, exceed one percent of the total shareholders' equity of the Corporation as shown on the most recently published balance sheet, and all acquisitions or other capital commitments that would represent the Corporation's entry into a significant new line of business, must be approved by the Board.

If approved by the CEO, acquisitions (either through the Corporation or any subsidiary) of the stock or assets of other entities may be made, without specific approval by the Board, in an amount not to exceed, in any such case, one percent of the total shareholders' equity of the Corporation as shown on the most recently published balance sheet, provided, however, that Board approval must be obtained if the acquisition represents the Corporation's entry into a significant new line of business.

If approved by the CEO or the Chief Financial Officer ("CFO"), capital contributions to new or existing subsidiaries of the Corporation may be made, without specific approval by the Board, in an amount per transaction not to exceed two percent of the total shareholders' equity of the Corporation as shown on the most recently published balance sheet, provided, however, that Board approval must be obtained if the capital contribution represents the Corporation's entry into a significant new line of business. Extensions of credit may be made by the Corporation to new or existing subsidiaries of the Corporation, without specific approval by the Board, upon such terms and conditions as the CEO, the President, the CFO, the Controller, the Treasurer, any Senior Vice Chairman, any Vice Chairman or any Senior Executive Vice President of the Corporation (the "Authorized Officers") or any other person designated in writing by any Authorized Officer may in his or her discretion approve. Notwithstanding the foregoing, Board approval shall not be required for internal reorganizations involving solely and exclusively the Corporation and/or one or more of its subsidiaries unless such internal reorganization would result in a material change in the overall risk profile of the Corporation and its subsidiaries taken as a whole. Management shall report to the Board on such internal reorganizations at the next regular meeting of the Board following completion of any such internal reorganization.

Expenditures, consideration, payments and other amounts referred to in this section include the total of all payments to be made or received and the liabilities to be assumed, directly or indirectly.

Management may exercise any and all additional authorities as the Board may from time to time approve by resolutions duly adopted.

Approved: December 10, 2013

 

Board of Directors

Our Board of Directors provides strategic counsel focused on managing capital wisely for the benefit of our shareholders. The Board, like our employees, has a code of conduct to follow. The BNY Mellon Directors’ Code of Conduct helps to foster a culture of honesty and accountability by providing guidance in recognizing and resolving ethical issues throughout the company. Each director must comply not only with the terms, but also with the spirit of this Code.

Meet our Board of Directors

View our Board Committees and Charters 

Contact our Board of Directors

Meet our Board of Directors

Nicholas M. Donofrio

Retired Executive Vice President, Innovation and Technology of IBM Corporation
Director since July 1, 2007; formerly, director of The Bank of New York Company, Inc. since 1999

 

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Joseph J. Echevarria

Retired Chief Executive Officer of Deloitte LLP
Director since February 2, 2015

 

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Edward P. Garden

Chief Investment Officer and a founding partner of Trian Fund Management, L.P.
Director since December 2, 2014

 

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Jeffrey A. Goldstein

Managing Director, Hellman & Friedman LLC and Former Under Secretary of the Treasury for Domestic Finance
Director since April 18, 2014

 

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Gerald L. Hassell

Chairman and Chief Executive Officer of The Bank of New York Mellon Corporation
Director since July 1, 2007; formerly, director of The Bank of New York Company, Inc. since 1998

 

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John M. Hinshaw

Executive Vice President of Technology and Operations at Hewlett-Packard Company
Director since September 8, 2014

 

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Edmund F. "Ted" Kelly

Retired Chairman of Liberty Mutual Group
Director since July 1, 2007; formerly, director of Mellon Financial Corporation since 2004

 

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Richard J. Kogan

Retired Chairman, President and Chief Executive Officer of Schering-Plough Corporation
Director since July 1, 2007; formerly, director of The Bank of New York Company, Inc. since 1996 

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Michael J. Kowalski

Chairman and Chief Executive Officer of Tiffany & Co.
Director since July 1, 2007; formerly, director of The Bank of New York Company, Inc. since 2003

 

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John A. Luke, Jr.

Chairman and Chief Executive Officer of MeadWestvaco Corporation
Director since July 1, 2007; formerly, director of The Bank of New York Company, Inc. since 1996

 

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Mark A. Nordenberg

Chancellor and Chief Executive Officer of University of Pittsburgh
Director since July 1, 2007; formerly, director of Mellon Financial Corporation since 1998

 

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Catherine A. Rein

Retired Senior Executive Vice President and Chief Administrative Officer of MetLife, Inc.
Director since July 1, 2007; formerly, director of The Bank of New York Company, Inc. since 1981

 

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William C. Richardson

President and Chief Executive Officer Emeritus of The W.K. Kellogg Foundation
Director since July 1, 2007; formerly, director of The Bank of New York Company, Inc. since 1998

 

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Samuel C. Scott III

Retired Chairman, President and Chief Executive Officer of Corn Products International, Inc.
Director since July 1, 2007; formerly, director of The Bank of New York Company, Inc. since 2003

 

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Wesley W. von Schack

Chairman, AEGIS Insurance Services, Inc. and  Retired Chairman, President and Chief Executive Officer of Energy East Corporation
Director since July 1, 2007; formerly, director of Mellon Financial Corporation since 1989

 

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Board Committees and Charters

Audit Committee Catherine A. Rein, Chairman Joseph J. Echevarria Richard J. Kogan Michael J. Kowalski William C. Richardson Samuel C. Scott III	Corporate Governance and Nominating Committee John A. Luke, Jr., Chairman Richard J. Kogan Catherine A. Rein William C. Richardson Wesley W. von Schack	Corporate Social Responsibility Committee Mark A. Nordenberg, Chairman Nicholas M. Donofrio Joseph J. Echevarria Samuel C. Scott III
Executive Committee Wesley W. von Schack, Chairman Nicholas M. Donofrio Gerald L. Hassell John A. Luke, Jr. Catherine A. Rein Samuel C. Scott III	Finance Committee Jeffrey A. Goldstein, Chairman Joseph J. Echevarria Edward P. Garden Michael J. Kowalski	Human Resources and Compensation Committee Samuel C. Scott III, Chairman Edward P. Garden Edmund F. Kelly Richard J. Kogan Michael J. Kowalski Wesley W. von Schack
Risk Committee Nicholas M. Donofrio, Chairman Edward P. Garden Jeffrey A. Goldstein John M. Hinshaw Edmund F. Kelly John A. Luke, Jr. Mark A. Nordenberg Wesley W. von Schack	Technology Committee Edmund F. Kelly, Chairman Nicholas M. Donofrio John M. Hinshaw Mark A. Nordenberg

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Contact our Board of Directors

Communications with Lead Director

Any interested party, including shareholders and employees, may communicate directly with the Lead Director (who is independent of management). Such communications may include complaints regarding accounting, internal accounting controls or auditing matters and confidential, anonymous submissions by employees of concerns regarding questionable accounting or auditing matters.

Such communications may be made by letter addressed:

The Bank of New York Mellon Corporation
Church Street Station
P.O. Box 2164
New York, New York 10008-2164
Attn: Non-Management Director

Interested parties may also send such communications to the Lead Director by e-mail at non-managementdirector@bnymellon.com.

If your question relates to BNY Mellon Shareowner Services (also known as Mellon Investor Services), please note that this business was sold to Computershare on December 31, 2011. You should direct your question to Computershare at computershare.com/cpusos.

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Audit & Non-Audit Services Pre-Approval Policy

To comply with the Sarbanes-Oxley Act of 2002 and in accordance with the Charter of the Audit Committee of the Board of Directors of The Bank of New York Mellon Corporation (the "Company"), the Audit Committee is responsible for the appointment, compensation and oversight of the work of the Company's independent auditor.

As part of this responsibility, the Audit Committee is required to pre-approve all audit and permitted non-audit services performed by the Company's independent auditor in order to assure that the auditor's independence from the Company is not compromised.

Accordingly, the Audit Committee has adopted the Audit and Non-Audit Services Pre-Approval Policy which sets forth the procedures and the conditions pursuant to which services proposed to be performed by the independent auditor may be pre-approved.

Results of 2014 Proxy Voting

Voting results from the 2014 Annual Meeting of BNY Mellon Stockholders on Tuesday, April 8, 2014 are as follows:

Proposal 1 – The election of 13 directors for a term expiring at the end of our 2015 Annual Meeting of Stockholders (Each nominee elected by a majority of votes cast)
Name	Total Number of Votes Cast "For"	Total Number of Votes Cast "Against"	Total Number of Abstentions	Total Number of Broker Non-Votes
Ruth E. Bruch	869,111,032	31,186,877	9,273,448	75,232,088
Nicholas M. Donofrio	870,633,571	29,934,910	9,002,876	75,232,088
Jeffrey A. Goldstein	872,261,582	28,023,606	9,286,169	75,232,088
Gerald L. Hassell	862,267,372	36,492,005	10,811,979	75,232,088
Edmund F. "Ted" Kelly	869,088,930	31,536,102	8,946,324	75,232,088
Richard J. Kogan	867,154,599	33,275,189	9,141,568	75,232,088
Michael J. Kowalski	869,465,990	31,007,102	9,098,265	75,232,088
John A. Luke, Jr.	853,861,538	46,473,908	9,235,911	75,232,088
Mark A. Nordenberg	870,441,173	29,678,085	9,452,098	75,232,088
Catherine A. Rein	869,008,664	31,538,810	9,023,883	75,232,088
William C. Richardson	868,353,050	32,010,636	9,207,670	75,232,088
Samuel C. Scott III	868,593,188	31,880,958	9,097,210	75,232,088
Wesley W. von Schack	865,040,656	33,480,920	11,049,782	75,232,088

 

Proposal 2 – Advisory resolution to approve the 2013 compensation of our named executive officers (Approved)
	Total	Percentage of Votes Cast
For	831,950,994	93.44%
Against	58,374,094	6.56%
Abstain	19,246,269	*
Broker Non-Votes	75,232,088	*

 

Proposal 3 – Ratification of KPMG LLP as our independent auditor for 2014 (Approved)
	Total	Percentage of Votes Cast
For	969,355,336	99.30%
Against	6,820,234	0.70%
Abstain	8,627,875	*
Broker Non-Votes	-	*

 

Proposal 4 – Approval of the Amended and Restated Long-Term Incentive Plan of The Bank of New York Mellon Corporation (Approved)
	Total	Percentage of Votes Cast
For	724,306,318	80.51%
Against	175,379,768	19.49%
Abstain	9,885,270	*
Broker Non-Votes	75,232,088	*

 

Proposal 5 – Stockholder proposal regarding an independent chair (Not Approved)
	Total	Percentage of Votes Cast
For	194,994,932	21.71%
Against	703,109,413	78.29%
Abstain	11,467,012	*
Broker Non-Votes	75,232,088	*

* Abstentions and broker non-votes were not counted as votes cast.

Credit Ratings

As of

Listed below are the credit ratings for The Bank of New York Mellon Corporation and its principal subsidiaries, The Bank of New York Mellon and BNY Mellon N.A., as well as the main banking subsidiary in continental Europe, The Bank of New York Mellon SA/NV.

 

Financial News & Events

February 17, 2015
BNY Mellon Announces Adjustment to Fourth Quarter 2014 Financial Results

*On February 17, 2015, The Bank of New York Mellon Corporation (the “Company”) announced an adjustment to its financial results for the fourth quarter ended December 31, 2014, to include an additional after-tax litigation expense of $598 million in anticipation of the resolution of several previously disclosed matters, including substantially all of the foreign exchange-related actions. The financial impact of the adjustment is not reflected in the related documents below. For further information about the impact of the adjustment, please refer to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on February 17, 2015.

January 23, 2015
BNY Mellon Reports Fourth Quarter Earnings of $807 Million or $0.70 Per Common Share

October 27, 2014
Valerie Haertel Appointed Global Head of Investor Relations at BNY Mellon; Brings Two Decades of Senior Level Financial and Management Experience, Including State Street and Alliance Bernstein

October 17, 2014
BNY Mellon Reports Third Quarter Earnings of $1.07 Billion or $0.93 Per Common Share

July 18, 2014
BNY Mellon Reports Second Quarter Earnings of $554 Million or $0.48 Per Common Share

April 22, 2014
BNY Mellon Reports First Quarter Earnings of $661 Million or $0.57 Per Common Share

April 7, 2014
BNY Mellon Increases Quarterly Common Stock Dividend by 13 Percent

March 26, 2014
BNY Mellon to Repurchase Up to $1.74 Billion of Common Stock; Federal Reserve Does Not Object to 2014 Capital Plan, Including Proposed Dividend Increase

January 17, 2014
BNY Mellon Reports Fourth Quarter Earnings of $513 Million or $0.44 Per Common Share

Earnings Press Releases

February 17, 2015
BNY Mellon Announces Adjustment to Fourth Quarter 2014 Financial Results

*On February 17, 2015, The Bank of New York Mellon Corporation (the “Company”) announced an adjustment to its financial results for the fourth quarter ended December 31, 2014, to include an additional after-tax litigation expense of $598 million in anticipation of the resolution of several previously disclosed matters, including substantially all of the foreign exchange-related actions. The financial impact of the adjustment is not reflected in the related documents below. For further information about the impact of the adjustment, please refer to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on February 17, 2015.

January 23, 2015*
BNY Mellon Reports Fourth Quarter Earnings of $807 Million or $0.70 Per Common Share

January 23, 2015*
BNY Mellon Quarterly Financial Highlights

October 17, 2014
BNY Mellon Reports Third Quarter Earnings of $1.07 Billion or $0.93 Per Common Share

October 17, 2014
BNY Mellon Quarterly Financial Highlights

July 18, 2014
BNY Mellon Reports Second Quarter Earnings of $554 Million or $0.48 Per Common Share

July 18, 2014
BNY Mellon Quarterly Earnings Review

April 22, 2014
BNY Mellon Reports First Quarter Earnings of $661 Million or $0.57 Per Common Share

April 22, 2014
BNY Mellon Quarterly Earnings Review

January 17, 2014
BNY Mellon Reports Fourth Quarter Earnings of $513 Million or $0.44 Per Common Share

January 17, 2014
BNY Mellon Quarterly Earnings Review

October 16, 2013
BNY Mellon Reports Third Quarter Earnings of $967 Million or $0.82 Per Common Share

October 16, 2013
BNY Mellon Quarterly Earnings Review

July 17, 2013
BNY Mellon Reports Second Quarter Earnings of $833 Million or $0.71 Per Common Share

July 17, 2013
BNY Mellon Quarterly Earnings Review

April 17, 2013
BNY Mellon Reports First Quarter Loss of $0.23 Per Common Share; EPS of $0.50 Excluding the Previously Announced Charge Related to the Disallowance of Certain Tax Credits

April 17, 2013
BNY Mellon Quarterly Earnings Review

January 16, 2013
BNY Mellon Reports Fourth Quarter Earnings of $622 Million or $0.53 Per Common Share

January 16, 2013
BNY Mellon Quarterly Earnings Review

October 17, 2012
BNY Mellon Reports Third Quarter Earnings of $720 Million or $0.61 Per Common Share

October 17, 2012
BNY Mellon Quarterly Earnings Review

July 18, 2012
BNY Mellon Reports Second Quarter Earnings of $466 Million or $0.39 Per Common Share

July 18, 2012
BNY Mellon Quarterly Earnings Review

April 18, 2012
BNY Mellon Reports First Quarter Earnings of $619 Million or $0.52 Per Share

April 18, 2012
BNY Mellon Quarterly Earnings Review

January 18, 2012
BNY Mellon Reports Fourth Quarter Earnings of $505 Million or $0.42 Per Share

January 18, 2012
BNY Mellon Quarterly Earnings Review

October 19, 2011
BNY Mellon Reports Third Quarter Earnings of $651 Million or $0.53 Per Share

October 19, 2011
BNY Mellon Quarterly Earnings Review

July 19, 2011
BNY Mellon Reports Second Quarter Earnings of $735 Million or $0.59 Per Share

July 19, 2011
BNY Mellon Quarterly Earnings Review

April 19, 2011
BNY Mellon Reports First Quarter Earnings of $625 Million or $0.50 Per Share

April 19, 2011
BNY Mellon Quarterly Earnings Review

January 19, 2011
BNY Mellon Reports Fourth Quarter Continuing EPS of $0.55 Including $0.04 of M&I and Restructuring Expenses

January 19, 2011
BNY Mellon Quarterly Earnings Review

October 19, 2010
BNY Mellon Reports Third Quarter Continuing EPS of $0.51 Including $0.04 of M&I and Restructuring Expenses

October 19, 2010
BNY Mellon Quarterly Earnings Review

July 20, 2010
BNY Mellon Reports Second Quarter Continuing EPS of $0.55 or $668 Million vs. $0.23 or $267 Million in the Second Quarter of 2009

July 20, 2010
BNY Mellon Quarterly Earnings Review

April 20, 2010
BNY Mellon Reports First Quarter Continuing EPS of $0.49 or $601 Million; Asset and Wealth Management Fees +13% Year-over-Year; Credit Quality Trends Improving; Strong Capital Generation

April 20, 2010
BNY Mellon Quarterly Earnings Review

January 20, 2010
BNY Mellon Reports Fourth Quarter Continuing EPS of $0.59 or $712 Million; Asset and Wealth Management Fees +13% Sequentially; Successfully Completed Restructuring of Investment Securities Portfolio; Capital Ratios Remain Strong

January 20, 2010
The Bank of New York Mellon Quarterly Earnings Review

October 20, 2009
BNY Mellon Reports Third Quarter Continuing EPS Loss of $2.04. Impacted By $2.54 Investment Securities Portfolio Restructuring Charge, $0.03 M&I Expenses

October 20, 2009
The Bank of New York Mellon Quarterly Earnings Review

July 22, 2009
The Bank of New York Mellon Corporation Reports Second Quarter Continuing EPS of $0.23 Impacted by: $0.23 - TARP redemption premium/dividends and FDIC special assessment, $0.05 - Investment write-downs and M&I expenses offset by the benefit of tax settlements

July 22, 2009
The Bank of New York Mellon Quarterly Earnings Review

April 21, 2009
The Bank of New York Mellon Corporation Reports First Quarter Continuing EPS of $0.28 Impacted by: $0.21 per share resulting from investment and goodwill write-downs, $0.04 per share from merger and integration expenses

April 21, 2009
The Bank of New York Mellon Quarterly Earnings Review

January 20, 2009
The Bank of New York Mellon Corporation Reports Fourth Quarter Continuing EPS of $0.05; Record Core Revenue; Tier 1 Capital Strengthened to 13.1%

January 20, 2009
The Bank of New York Mellon Quarterly Earnings Review

January 20, 2009
The Bank of New York Mellon Reschedules Fourth-Quarter 2008 Earnings Conference Call for Tuesday, January 20

October 16, 2008
The Bank of New York Mellon Corporation Reports Third Quarter Continuing EPS of $0.26; Results include 46 cents per share for merger and integration expense, tax settlements and support agreement charges

October 16, 2008
The Bank of New York Mellon Quarterly Earnings Review

July 17, 2008
The Bank of New York Mellon Corporation Reports Second Quarter Continuing EPS of $0.34 Excluding Merger and Integration Expenses; Second Quarter Continuing EPS of $0.26

July 17, 2008
The Bank of New York Mellon Quarterly Earnings Review

April 17, 2008
The Bank of New York Mellon Reports First Quarter Continuing EPS of $0.72 excluding Merger and Integration Expenses, An increase of 16% compared with first quarter of 2007; First Quarter Continuing EPS of $0.65 compared with $0.61 a year ago

April 17, 2008
The Bank of New York Mellon Quarterly Earnings Review

January 17, 2008
The Bank of New York Mellon Reports Fourth Quarter Continuing EPS of $.61, Excluding Merger and Integration Expenses Continuing EPS of $.67

January 17, 2008
The Bank of New York Mellon Quarterly Earnings Review

October 18, 2007
The Bank of New York Mellon Reports Third Quarter Continuing EPS of $.56, Excluding Merger and Integration Expenses Continuing EPS of $.67

October 18, 2007
The Bank of New York Mellon Quarterly Earnings Review

July 19, 2007
The Bank of New York Reports Second Quarter Continuing EPS Of $.59, Excluding Merger and Integration Expenses Continuing EPS of $.63; Mellon Reports Second Quarter Continuing EPS of $.67; Merger of The Bank of New York and Mellon Closed July 1

July 19, 2007
The Bank of New York Mellon Quarterly Earnings Review

You may use our archives for prior periods' financial statements for The Bank of New York and Mellon Financial.

The information set forth in the archived materials posted on this site speaks only as of the date on which such information was issued. The Company will not update the information to reflect subsequent developments, new facts, or for any other reason after the date on which such information is issued. Consequently, site users should not rely upon the information as current or accurate after their issuance dates.

Events & Presentations

February 17, 2015
BNY Mellon Announces Adjustment to Fourth Quarter 2014 Financial Results

*On February 17, 2015, The Bank of New York Mellon Corporation (the “Company”) announced an adjustment to its financial results for the fourth quarter ended December 31, 2014, to include an additional after-tax litigation expense of $598 million in anticipation of the resolution of several previously disclosed matters, including substantially all of the foreign exchange-related actions. The financial impact of the adjustment is not reflected in the related linked items below. For further information about the impact of the adjustment, please refer to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on February 17, 2015.

Fourth Quarter 2014 Financial Results

Friday, January 23, 2015

• Access Conference Call Webcast*
• Download MP3 of this event*
• Download Earnings Release*
• Download Quarterly Financial Highlights*
• Download Key Facts - 4Q14*
• Download Quarterly Financial Trends*
• Dial-in Information for the Replay:
  
  U.S.:   +1 866 513 9973
  International:   +1 203 369 1999
  ( No passcode required )

2014 Goldman Sachs U.S. Financial Services Conference

Wednesday, December 10, 2014

Presenters:
Thomas P. Gibbons - Vice Chairman and Chief Financial Officer of BNY Mellon
Curtis Arledge - Vice Chairman and Chief Executive Officer, BNY Mellon Investment Management

2014 Citi Global Financial Conference in Singapore

Thursday, November 20, 2014

Presenter:
Stephen D. Lackey - Chairman of BNY Mellon Asia Pacific

Investor Day 2014

Tuesday, October 28, 2014

Presenters:
Gerald Hassell - Chairman and Chief Executive Officer of BNY Mellon
Curtis Arledge - Vice Chairman and Chief Executive Officer, Investment Management
Todd Gibbons - Vice Chairman and Chief Financial Officer
Suresh Kumar - Senior Executive Vice President and Chief Information Officer
Brian Shea - Vice Chairman and Chief Executive Officer, Investment Services
Kurt Woetzel - President, BNY Mellon Markets Group

Third Quarter 2014 Financial Results

Friday, October 17, 2014

• Download Earnings Release
• Download Quarterly Financial Highlights

2014 Barclays Global Financial Services Conference

Tuesday, September 9, 2014

Presenter:
Gerald Hassell - Chairman and Chief Executive Officer of BNY Mellon

Second Quarter 2014 Financial Results

Friday, July 18, 2014

• Download Earnings Release
• Download Quarterly Earnings Review

2014 UBS Global Financial Services Conference

Tuesday, May 20, 2014

Presenters:
Gerald Hassell - Chairman and Chief Executive Officer of BNY Mellon
Thomas P. Gibbons - Vice Chairman and Chief Financial Officer of BNY Mellon

First Quarter 2014 Financial Results

Tuesday, April 22, 2014

• Download Earnings Release
• Download Quarterly Earnings Review

2014 Annual Meeting of Stockholders

Tuesday, April 8, 2014

Presenter:
Gerald Hassell - Chairman and Chief Executive Officer of BNY Mellon

Fourth Quarter 2013 Financial Results

Friday, January 17, 2014

• Download Earnings Release
• Download Quarterly Earnings Review

2013 Goldman Sachs U.S. Financial Services Conference

Wednesday, December 11, 2013

Presenter:
Gerald Hassell - Chairman and Chief Executive Officer of BNY Mellon

2013 Bank of America Merrill Lynch Banking and Financial Services Conference

Tuesday, November 12, 2013

Presenters:
Brian Shea - President of BNY Mellon Investment Services, Head of Client Service Delivery and Client Technology Solutions, Chairman of Pershing
Suresh Kumar - Chief Information Officer of BNY Mellon

Third Quarter 2013 Financial Results

Wednesday, October 16, 2013

• Download Earnings Release
• Download Quarterly Earnings Review

Barclays 2013 Global Financial Services Conference

Tuesday, September 10, 2013

Presenter:
Curtis Arledge - Chief Executive Officer, Investment Management

Second Quarter 2013 Financial Results

Wednesday, July 17, 2013

• Download Earnings Release
• Download Quarterly Earnings Review

2013 Deutsche Bank Access Global Financial Services Investor Conference

Wednesday, June 5, 2013

Presenter:
Todd Gibbons - Chief Financial Officer of BNY Mellon

First Quarter 2013 Financial Results

Wednesday, April 17, 2013

• Download Earnings Release
• Download Quarterly Earnings Review

2013 Citi U.S. Financial Services Conference

Wednesday, March 6, 2013

Presenters:
Tim Keaney - Chief Executive Officer, Investment Services
Todd Gibbons - Chief Financial Officer of BNY Mellon

2013 Credit Suisse Financial Services Forum

Wednesday, February 13, 2013

Presenters:
Suresh Kumar - Chief Information Officer of BNY Mellon
Ed Watson - Chief Operating Officer of BNY Mellon

Fourth Quarter 2012 Financial Results

Wednesday, January 16, 2013

• Download Earnings Release
• Download Quarterly Earnings Review

2012 Goldman Sachs Financial Services Conference

Wednesday, December 5, 2012

2012 Bank of America Merrill Lynch Banking and Financial Services Conference

Wednesday, November 14, 2012

Third Quarter 2012 Financial Results

Wednesday, October 17, 2012

• Download Earnings Release
• Download Quarterly Earnings Review

Barclays 2012 Global Financial Services Conference

Tuesday, September 11, 2012

Second Quarter 2012 Financial Results

Wednesday, July 18, 2012

• Download Earnings Release
• Download Quarterly Earnings Review

UBS Global Financial Services Conference

Tuesday, May 8, 2012

First Quarter 2012 Financial Results

Wednesday, April 18, 2012

• Download Earnings Release
• Download Quarterly Earnings Review

2012 Citi Financial Services Conference

Wednesday, March 7, 2012

Fourth Quarter 2011 Financial Results

Wednesday, January 18, 2012

• Download Earnings Release
• Download Quarterly Earnings Review

2011 Goldman Sachs U.S. Financial Services Conference

Wednesday, December 7, 2011

2011 Investor Day

Monday, November 14, 2011

Third Quarter 2011 Financial Results

Wednesday, October 19, 2011

• Download Earnings Release
• Download Quarterly Earnings Review

2011 Barclays Capital Global Financial Services Conference

Tuesday, September 13, 2011

Second Quarter 2011 Financial Results

Tuesday, July 19, 2011

• Download Earnings Release
• Download Quarterly Earnings Review

2011 Barclays Capital Financial Services Conference

Tuesday, May 24, 2011

2011 Nomura North America Investor Day

Tuesday, May 24, 2011

First Quarter 2011 Financial Results

Tuesday, April 19, 2011

• Download Earnings Release
• Download Quarterly Earnings Review

2011 Citi Financial Services Conference

Wednesday, March 9, 2011

2011 Morgan Stanley Financial Services Conference

Wednesday, February 2, 2011

Fourth Quarter 2010 Financial Results

Wednesday, January 19, 2011

• Download Earnings Release
• Download Quarterly Earnings Review

2010 Goldman Sachs U.S. Financial Services Conference

Wednesday, December 8, 2010

2010 Bank of America Merrill Lynch Banking and Financial Services Conference

Tuesday, November 16, 2010

Third Quarter 2010 Financial Results

Tuesday, October 19, 2010

• Download Earnings Release
• Download Quarterly Earnings Review

2010 Barclays Capital Global Financial Services Conference

Tuesday, September 14, 2010

Second Quarter 2010 Financial Results

Tuesday, July 20, 2010

• Download Earnings Release
• Download Quarterly Earnings Review

2010 William Blair Growth Stock Conference

Wednesday, June 16, 2010

2010 Barclays Capital Financial Services Conference

Tuesday, May 18, 2010

2010 UBS Global Financial Services Conference

Wednesday, May 12, 2010

First Quarter 2010 Financial Results

Tuesday, April 20, 2010

• First Quarter 2010 Earnings Release
• First Quarter 2010 Earnings Review

2010 Citi Financial Services Conference

Wednesday, March 10, 2010

2010 CLSA AsiaUSA Forum

Tuesday, March 2, 2010

2010 Morgan Stanley Financial Services Conference

Wednesday, February 3, 2010

BNY Mellon Acquisition of Global Investment Servicing

Tuesday, February 2, 2010

Fourth Quarter 2009 Financial Results

Wednesday, January 20, 2010

• Fourth Quarter 2009 Earnings Release
• Fourth Quarter 2009 Earnings Review

2009 Goldman Sachs U.S. Financial Services Conference

Wednesday, December 9, 2009

2009 Bank of America Merrill Lynch Banking and Financial Services Conference

Tuesday, November 10, 2009

Third Quarter 2009 Financial Results

Tuesday, October 20, 2009

• Third Quarter 2009 Earnings Release
• Third Quarter 2009 Earnings Review

2009 Barclays Capital Global Financial Services Conference

Wednesday, September 16, 2009

Second Quarter 2009 Financial Results

Wednesday, July 22, 2009

• Second Quarter 2009 Earnings Release
• Second Quarter 2009 Earnings Review

2009 UBS Global Financial Services Conference

Tuesday, May 12, 2009

2009 Barclays Capital Financial Services Conference

Wednesday, May 6, 2009

First Quarter 2009 Financial Results

Tuesday, April 21, 2009

• First Quarter 2009 Earnings Release
• First Quarter 2009 Earnings Review

2009 Citigroup Financial Services Conference

Wednesday, January 28, 2009

Fourth Quarter 2008 Financial Results

Tuesday, January 20, 2009

• Download Earnings Release
• Download Quarterly Earnings Review

2008 Merrill Lynch Banking & Financial Services Conference

Tuesday, November 11, 2008

Third Quarter 2008 Financial Results

Thursday, October 16, 2008

• Third Quarter 2008 Earnings Release
• Third Quarter 2008 Earnings Review

2008 Lehman Brothers Financial Services Conference

Wednesday, September 10, 2008

2008 KBW Large Cap Bank Conference

Monday, August 11, 2008

Second Quarter 2008 Financial Results

Thursday, July 17, 2008

2008 Investor Conference

Tuesday, June 17, 2008

First Quarter 2008 Financial Results

Thursday, April 17, 2008

2008 Annual Meeting of Shareholders

Tuesday, April 8, 2008

2008 CSFB Financial Services Conference

Wednesday, February 6, 2008

2008 Citigroup Financial Services Conference

Wednesday, January 30, 2008

Fourth Quarter 2007 Financial Results

Thursday, January 17, 2008

2007 Merrill Lynch Banking & Financial Services Investor Conference

Wednesday, November 14, 2007

Third Quarter 2007 Financial Results

Thursday, October 18, 2007

2007 Lehman Brothers Financial Services Conference

Wednesday, September 12, 2007

The information set forth in any presentations posted on this site speaks only as of the date on which such information was issued. The Company will not update the information to reflect subsequent developments, new facts, or for any other reason after the date on which such information is issued. Consequently, listeners/viewers of presentations should not rely upon the information as current or accurate after their issuance dates.

Financial Reports

BNY Mellon provides a full range of financial reports that present a complete, timely and transparent view into our business results. Obtain the latest information on our capital structure, balance sheet, earnings, and more.

ANNUAL REPORT / PROXY

FORM 10-Q / 10-K REPORTS

QUARTERLY FINANCIAL HIGHLIGHTS

QUARTERLY FINANCIAL TRENDS

QUARTERLY KEY FACTS

SEC FILINGS

OTHER REGULATORY

CAPITAL PLAN PRESS RELEASE

DODD-FRANK STRESS TEST RESULTS

Annual Report / Proxy

2013

• 2013 Annual Report
• 2013 Annual Report - Financial Section
• Proxy Materials

2012

• 2012 Annual Report
• 2012 Annual Report - Financial Section
• Proxy Materials

2011

• 2011 Annual Report
• 2011 Annual Report - Financial Section
• Proxy Materials

2010

• 2010 Annual Report
• 2010 Annual Report - Financial Section
• Proxy Materials

2009

• 2009 Annual Report
• 2009 Annual Report - Financial Section
• Proxy Materials

2008

• 2008 Annual Report
• 2008 Annual Report - Financial Section
• Proxy Materials

2007

• 2007 Annual Report
• 2007 Annual Report - Financial Section
• Proxy Materials

 

You may use our archives for prior periods' financial statements for The Bank of New York and Mellon Financial.

For your convenience, the Joint Proxy Statement/Prospectus for the merger of The Bank of New York and Mellon Financial is available in Adobe PDF format.

• Joint Proxy Statement/Prospectus

The information set forth in the archived materials posted on this site speaks only as of the date on which such information was issued. The Company will not update the information to reflect subsequent developments, new facts, or for any other reason after the date on which such information is issued. Consequently, site users should not rely upon the information as current or accurate after their issuance dates.

Form 10-Q / 10-K Reports

2014

• Third Quarter 2014 Form 10-Q | Exhibits | XBRL Files
• Second Quarter 2014 Form 10-Q | Exhibits | XBRL Files
• First Quarter 2014 Form 10-Q | XBRL Files

2013

• 2013 Form 10-K | XBRL Files
• Third Quarter 2013 Form 10-Q | XBRL Files
• Second Quarter 2013 Form 10-Q | XBRL Files
• First Quarter 2013 Form 10-Q | XBRL Files

2012

• 2012 Form 10-K/A
• 2012 Form 10-K | XBRL Files
• Third Quarter 2012 Form 10-Q | XBRL Files
• Second Quarter 2012 Form 10-Q | XBRL Files
• First Quarter 2012 Form 10-Q | XBRL Files

2011

• 2011 Form 10-K | XBRL Files
• Third Quarter 2011 Form 10-Q | XBRL Files
• Second Quarter 2011 Form 10-Q | XBRL Files
• First Quarter 2011 Form 10-Q | XBRL Filse

2010

• 2010 Form 10-K | XBRL Files
• Third Quarter 2010 Form 10-Q | XBRL Files
• Second Quarter 2010 Form 10-Q | XBRL Files
• First Quarter 2010 Form 10-Q | XBRL Files

2009

• 2009 Form 10-K
• Third Quarter 2009 Form 10-Q
• Second Quarter 2009 Form 10-Q
• First Quarter 2009 Form 10-Q

2008

• 2008 Form 10-K
• Third Quarter 2008 Form 10-Q
• Second Quarter 2008 Form 10-Q
• First Quarter 2008 Form 10-Q

2007

• 2007 Form 10-K
• Third Quarter 2007 Form 10-Q
• Second Quarter 2007 Form 10-Q

 

You may use our archives for prior periods' financial statements for The Bank of New York and Mellon Financial.

The information set forth in the archived materials posted on this site speaks only as of the date on which such information was issued. The Company will not update the information to reflect subsequent developments, new facts, or for any other reason after the date on which such information is issued. Consequently, site users should not rely upon the information as current or accurate after their issuance dates.

Quarterly Financial Highlights

2014

• Fourth Quarter 2014*
• Third Quarter 2014
• Second Quarter 2014
• First Quarter 2014

*On February 17, 2015, The Bank of New York Mellon Corporation (the “Company”) announced an adjustment to its financial results for the fourth quarter ended December 31, 2014, to include an additional after-tax litigation expense of $598 million in anticipation of the resolution of several previously disclosed matters, including substantially all of the foreign exchange-related actions. The financial impact of the adjustment is not reflected in the related document above. For further information about the impact of the adjustment, please refer to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on February 17, 2015.

2013

• Fourth Quarter 2013
• Third Quarter 2013
• Second Quarter 2013
• First Quarter 2013

2012

• Fourth Quarter 2012
• Third Quarter 2012
• Second Quarter 2012
• First Quarter 2012

2011

• Fourth Quarter 2011
• Third Quarter 2011
• Second Quarter 2011
• First Quarter 2011

2010

• Fourth Quarter 2010
• Third Quarter 2010
• Second Quarter 2010
• First Quarter 2010

2009

• Fourth Quarter 2009
• Third Quarter 2009
• Second Quarter 2009
• First Quarter 2009

2008

• Fourth Quarter 2008
• Third Quarter 2008
• Second Quarter 2008
• First Quarter 2008

2007

• Fourth Quarter 2007
• Third Quarter 2007
• Second Quarter 2007

The information set forth in the archived materials posted on this site speaks only as of the date on which such information was issued. The Company will not update the information to reflect subsequent developments, new facts, or for any other reason after the date on which such information is issued. Consequently, site users should not rely upon the information as current or accurate after their issuance dates.

Quarterly Financial Trends

Fourth Quarter 2014*

• Adobe PDF format
• Microsoft Excel format

*On February 17, 2015, The Bank of New York Mellon Corporation (the “Company”) announced an adjustment to its financial results for the fourth quarter ended December 31, 2014, to include an additional after-tax litigation expense of $598 million in anticipation of the resolution of several previously disclosed matters, including substantially all of the foreign exchange-related actions. The financial impact of the adjustment is not reflected in the related documents above. For further information about the impact of the adjustment, please refer to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on February 17, 2015.

Quarterly Key Facts

Fourth Quarter 2014*

• Adobe PDF format

*On February 17, 2015, The Bank of New York Mellon Corporation (the “Company”) announced an adjustment to its financial results for the fourth quarter ended December 31, 2014, to include an additional after-tax litigation expense of $598 million in anticipation of the resolution of several previously disclosed matters, including substantially all of the foreign exchange-related actions. The financial impact of the adjustment is not reflected in the related document above. For further information about the impact of the adjustment, please refer to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on February 17, 2015.

Other Regulatory

Please select:

• Supplementary Leverage Ratio
• Basel II.5 Market Risk Disclosure
• Pillar 3 Disclosures
• Federal Financial Institutions Examination Council - Consolidated Reports of Condition and Income for a Bank With Domestic and Foreign Offices
• Consolidated Financial Statements for Bank Holding Companies

 

Basel II.5 Market Risk Disclosure

The following Basel II.5 quarterly disclosures are published to meet local regulatory requirements:

 

Pillar 3 Disclosures

The following Pillar 3 disclosures are published to meet the local requirements of the Host Regulators (in parentheses) of the countries shown:

 

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Federal Financial Institutions Examination Council - Consolidated Reports of Condition and Income for a Bank With Domestic and Foreign Offices – FFIEC 031:

 

 

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Consolidated Financial Statements for Bank Holding Companies – FR Y-9C:

 

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Please note that historical information may have become out of date and should not be considered current. The Company does not undertake any obligation to update the information on its website or contained in its regulatory filings as a result of new information or subsequent developments. In addition, any forward-looking statements are based on management's current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from expected results. Forward-looking statements speak only as of the date they are made. The Company will not update forward looking statements to reflect facts, assumptions, circumstances, or events which have changed after they were made. Detailed information regarding factors that could cause results to differ from expectations may be found in the Company's reports filed with the SEC.

Dodd-Frank Stress Test Results

Projected Stressed Capital Ratios, Losses, Revenues, Net Income before Taxes and Loan Losses by Type of Loan in the Severely Adverse Scenario 

The Bank of New York Mellon Corporation and The Bank of New York Mellon

BNY Mellon Company-Run Stress Test Results
Severely Adverse Scenario
Dodd-Frank Capital Actions

• September 2014
• March 2014
• September 2013
• March 2013

 

Investor Resources

We are committed to assisting investors and prospective investors in obtaining valuable information regarding BNY Mellon by providing useful tools that aid the timely delivery of relevant documents and information.

You are able to review stock price history, sign up for e-mail alerts, download investor forms, find out about the company's direct stock purchase and dividend reinvestment plans, get answers to frequently asked questions (FAQs) and more.

Investor Kit

Our Investor Kit provides comprehensive investment communications, including independent analyst coverage, regarding BNY Mellon’s performance and business prospects.

Stock Tools

Obtain historical stock prices and dividend history as well as market information, such as stock quotes and stock charts. Also, you may utilize the investment calculator to assist with determining cost basis.

Analyst Coverage

Find independent research on BNY Mellon.

Dividend History

Historical cash dividend per common share payment schedule.

Stock Purchase Plan

The Stock Purchase Plan provides a convenient and economical method for prospective investors to directly purchase their first shares of Common Stock of The Bank of New York Mellon without having to utilize a broker. A minimum initial investment of $1000 is required.

Dividend Reinvestment

Dividend reinvestment provides a convenient and economical method of purchasing shares and increasing ownership of the Company's Common Stock by reinvesting dividends and by making optional cash purchases.

Merger Information

Effective July 1, 2007, The Bank of New York Company, Inc. and Mellon Financial Corporation merged with and into a newly formed company called The Bank of New York Mellon Corporation [NYSE: BK]. Under the terms of the merger agreement, each share of The Bank of New York common stock converted into 0.9434 share of The Bank of New York Mellon common stock and each share of Mellon common stock converted into one share of The Bank of New York Mellon common stock. For information regarding exchanging your shares, you may call +1 800 729 9606.

E-mail Alerts

You may automatically receive financial information on BNY Mellon by e-mail.

Forms

Download forms to transfer ownership of shares, initiate direct deposit of dividends and more.

Frequently Asked Questions (FAQs)

Get answers to frequently asked questions (FAQs), including stock-related information about BNY Mellon, services offered, purchasing or transferring ownership of shares and more.

Contacts

Obtain contact information for Investor Relations and Public Relations personnel, as well as Transfer Agency-related telephone, e-mail and written correspondence.

Analyst Coverage

The Bank of New York Mellon is followed by the analysts listed above. Please note that any opinions, estimates, forecasts or any other information regarding The Bank of New York Mellon provided by these analysts are theirs alone and do not represent opinions, forecasts or predictions of The Bank of New York Mellon or its management. The Bank of New York Mellon does not by the reference above or distribution of the identity of such analysts imply its endorsement of or concurrence with such information, conclusions, opinions, estimates, forecasts or recommendations provided by such analysts.

Dividend History

Prior to July 1, 2007, history reflects the former Bank of New York Company, Inc.

Stock Purchase and Dividend Reinvestment Plan

It's easy to invest in The Bank of New York Mellon.

The Bank of New York Mellon's Direct Stock Purchase and Dividend Reinvestment Plan (the "Direct Purchase and Dividend Reinvestment Plan") permits existing shareholders and interested first-time investors to purchase shares in the Company's stock directly through the Plan's Administrator, Computershare. The Plan also allows for optional cash investments and the sale of plan shares.

Enrolling

You may enroll online 24 hours a day, seven days a week at www.computershare.com/investor. Please be sure to review the prospectus and complete the enrollment form carefully. You may also request an enrollment kit by calling the toll-free number +1 800 205 7699 to use either the Automated Telephone System or speak with a Customer Service Representative. Additionally, you may request a brochure and application via e-mail, web.queries@computershare.com, or by writing to the following address. Please include your Investor Identification Number in your correspondence.

Regular mail:
c/o Computershare Trust Company, N.A.
P.O. Box 43006
Providence, RI 02940-3006

Registered or Overnight Mail:
Computershare
250 Royall Street
Canton, MA 02021

Purchasing Shares

Additional investments may be made online 24 hours a day, seven days a week at www.computershare.com/investor or by sending a check payable to "Computershare/BNY Mellon" with the tear-off stub from your statement or a brief letter of instruction to the following address:

Regular mail:
c/o Computershare Trust Company, N.A.
P.O. Box 43006
Providence, RI 02940-3006

Registered or Overnight Mail:
Computershare
250 Royall Street
Canton, MA 02021

Please refer to the plan prospectus for any limitations or fees associated with optional cash investments. Be sure to indicate your Holder Identification Number on the check.

Withdrawing Shares

You may withdraw shares from your Direct Purchase and Sale Plan via any of the following methods:

• Withdraw your shares online 24 hours a day, seven days a week at www.computershare.com/investor by selecting a Stock Certificate or to transfer shares electronically from your Plan account to your brokerage account. Login and select Action "Request a Certificate" or "Transfer Shares" from the Portfolio menu.
• Call the toll-free number, +1 800 205 7699, to use the Automated Telephone System or to speak with a Customer Service Representative. In addition, you may request a brochure and application via e-mail, web.queries@computershare.com or by writing to the following address. Please include your Holding Identification Number in your correspondence.
• Complete and return the tear-off section of your quarterly statement. Please indicate the number of shares to be withdrawn, or choose "all" if you would like to receive a certificate for all whole shares held in your account. Please refer to the brochure or call the toll-free number +1 800 205 7699 for information regarding any fees or restrictions associated with your request.
• Write to the address listed below. Please include your Investor Identification Number in your correspondence.

Regular mail:
c/o Computershare Trust Company, N.A.
P.O. Box 43006
Providence, RI 02940-3006

Registered or Overnight Mail:
Computershare
250 Royall Street
Canton, MA 02021

Selling Shares

You may sell shares from your Direct Purchase and Sale Plan via any of the following methods:

• Sell shares online 24 hours a day, seven days a week at www.computershare.com/investor. Please Login and select Action "Sell" from the Portfolio menu.
• Call the toll-free number, +1 800 205 7699 to access the Automated Telephone System. Please have your Holder Identification Number ready when calling.
• Complete and return the tear-off section of your Direct Purchase and Sale Plan statement. Please indicate the number of shares to be sold, or choose "all" if you would like to receive a check for the proceeds from the sale of all shares held in your account. All sale requests received in writing will be submitted as batch order sales, unless such requests specify otherwise.
• Write to the address listed below. Please include your Holding Identification Number in your correspondence.

Regular mail:
c/o Computershare Trust Company, N.A.
P.O. Box 43006
Providence, RI 02940-3006

Registered or Overnight Mail:
Computershare
250 Royall Street
Canton, MA 02021

Safekeeping

You may initiate safekeeping procedures 24 hours a day, seven days a week at www.computershare.com/investor. In order to deposit shares held in certificate form, the original certificate must be sent to Computershare with a written request to deposit the shares into your reinvestment plan or into DRS form. A copy of the certificate cannot be accepted.

You may deposit certificates for safekeeping by forwarding the certificates to Computershare. Please review the plan prospectus to determine the correct procedure or call the toll-free number below to speak with a Customer Service Representative. Please have your Holder Identification Number ready when calling. Forward the certificates to the address below. We recommend sending certificates by registered mail. Please include a letter of instruction indicating your Holder Identification Number.

Registered or Overnight Mail:
Computershare
250 Royall Street
Canton, MA 02021

Duplicate Statement

You may request a duplicate Direct Purchase and Sale Plan account statement online 24 hours a day, seven days a week at www.computershare.com/investor. Please Login to www.computershare.com/investor and  go to Statements & Documents. This area allows you to view and manage various statements and documents for your holdings. The "Filter" button at the top allows you to narrow down your statements and documents to a selected account, year or date range.

You may also request a duplicate Direct Purchase and Sale Plan account statement by calling the toll-free number, +1 800 205 7699, to use the Automated Telephone System or to speak with a Customer Service Representative. Please have your Holder Identification Number ready when calling. In addition, you may request a brochure and application via e-mail, web.queries@computershare.com or by writing to us at the following address. Please include your Holder Identification Number in your correspondence.

Regular mail:
c/o Computershare Trust Company, N.A.
P.O. Box 43006
Providence, RI 02940-3006

Registered or Overnight Mail:
Computershare
250 Royall Street
Canton, MA 02021

Merger Information

Effective July 1, 2007, The Bank of New York Company, Inc. and Mellon Financial Corporation merged with and into a newly formed company called The Bank of New York Mellon Corporation [NYSE: BK]. Under the terms of the merger agreement, each share of The Bank of New York common stock converted into 0.9434 share of The Bank of New York Mellon common stock and each share of Mellon common stock converted into one share of The Bank of New York Mellon common stock.

Exchanging Your Bank of New York and Mellon Financial Shares

Computershare is the Exchange Agent managing the exchange of your stock holdings in The Bank of New York and Mellon Financial to The Bank of New York Mellon common stock. The Bank of New York and Mellon shareholders whose shares were held in Direct Registration (DRS) or in uncertificated form in Dividend Reinvestment (DRP) did not need to take any action as those shares were automatically exchanged. Upon completion of the merger, DRS Statements were sent to these shareholders confirming the number of shares held in The Bank of New York Mellon Corporation.

The Bank of New York and Mellon Financial shareholders still holding physical certificates MUST surrender those certificates for exchange as follows:

1. Complete Letter of Transmittal
2. Enclose your Bank of New York or Mellon certificate(s) in the pre-printed return envelope
3. Mail to:
    

If by U.S. mail: The Bank of New York Mellon c/o Computershare P.O. Box 358447 Pittsburgh, PA 15252 Attn: Corporate Action Dept.

If by overnight courier or by hand: The Bank of New York Mellon c/o Computershare Attn: Corporate Action Dept., 27th floor 480 Washington Blvd. Jersey City, NJ 07310

 

Investor Forms

If you have questions or need assistance in completing these forms, please call
+1 800 205 7699. Representatives are available to assist you weekdays from
9 a.m. to 7 p.m. ET.

W-8BEN Form

Certify that you have a non-U.S. tax status.

W-9 Form

Change your Tax ID of record.

Transfer of Stock Ownership Form

Transfer ownership of your stock.

Dividend Order Form

All forms are in PDF format and require the free Adobe Acrobat Reader

Frequently Asked Questions

General Stock/Other Information for The Bank of New York Mellon

• Stock Splits
• Acquiring Copies of Annual Report or Other Shareholder Publications (10-K, 10-Q)

Purchasing Shares of The Bank of New York Mellon

• Purchasing Shares Directly from the Company
• About/Joining the Dividend Reinvestment Plan

Current Stockholders of The Bank of New York Mellon

• Services Offered
• Duplicate Mailings from The Bank of New York Mellon for Shareholder Account
• Dividend Automatic Deposits
• Dividend Payment Schedule

Current Shareholder of a Public Company Where Computershare, Which Acquired BNY Mellon Shareowner Services, Serves as the Transfer Agent

• Services Offered
• Contact Computershare

 

 

General Stock/Other Information for The Bank of New York Mellon

Stock Splits:

 

Acquiring Copies of Annual Report or Other Shareholder Publications (10-K, 10-Q):

For a free copy of the Corporation's Annual Report on Form 10-K or the quarterly earnings news release on Form 8-K, as filed with the Securities and Exchange Commission, please e-mail BNY Mellon's Investor Relations or call Computershare at +1 800 205 7699.

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Purchasing Shares of The Bank of New York Mellon

Purchasing Shares Directly from the Company:

The Bank of New York Mellon instituted a direct stock purchase and dividend reinvestment plan (DRP), effective on July 2, 2007. To obtain a prospectus and enrollment form, visit the Computershare website or call +1 800 205 7699. 

About/Joining the Dividend Reinvestment Plan:

Visit the Computershare website or call +1 800 205 7699.

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Current Stockholder of The Bank of New York Mellon

Services Offered:

I am a current stockholder and I:

• lost my stock certificate
• want to confirm the record of my stock holdings
• want to transfer my stock into someone else's name
• want to buy/sell shares of The Bank of New York Mellon
• want to change my address
• have a question on my dividend
• have not exchanged my shares of The Bank of New York Company, Inc. or Mellon Financial Corporation

Visit the Computershare website or call +1 800 205 7699.

 

Duplicate Mailings from The Bank of New York Mellon for Shareholder Account:

Please submit a written request, with your full name and address the way it appears on your account to the address(es) below. For more information, contact Computershare or call +1 800 205 7699.

Regular mail: c/o Computershare Trust Company, N.A. P.O. Box 43006 Providence, RI 02940-3006

Registered or Overnight Mail: Computershare 250 Royall Street Canton, MA 02021

 

Dividend Automatic Deposits:

You may enroll online for direct deposit of your dividend checks 24 hours a day, seven days a week at www.computershare.com/investor. Please Login and select Dividend Selection from the Manage Account Info menu or you may submit a written request to the address(es) below. For more information, contact Computershare or call +1 800 205 7699.

Regular mail: c/o Computershare Trust Company, N.A. P.O. Box 43006 Providence, RI 02940-3006

Registered or Overnight Mail: Computershare 250 Royall Street Canton, MA 02021

 

Dividend Payment Schedule:

Subject to approval of the board of directors, dividends are paid on BNY Mellon’s common stock in February, May, August and November.

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Current Shareholder of a Public Company Where Computershare, Which Acquired BNY Mellon Shareowner Services, Serves as the Transfer Agent

Services Offered:

I am a Stockholder in another company and I:

• lost my stock certificate
• want to confirm the record of my stock holdings
• want to transfer my stock into someone else's name
• want to buy or sell shares
• want to change my address
• have a question on my dividend

Contact Computershare.

 

Contact Computershare:

Visit the Computershare website or InvestorCentre®
E-mail: Contact Computershare
Phone: +1 800 205 7699
(1-201-680-6578 for international callers)

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Overview of Foreign Exchange Services

Many of BNY Mellon's clients — such as pension funds, large corporations and global financial institutions — have a variety of options available to them to execute foreign exchange (FX) transactions. For larger transactions, clients can trade after receiving multiple market quotes via the phone or internet. This "direct negotiation" approach requires clients to identify, monitor, negotiate, risk manage and settle trades. Clients also can choose "standing instruction" programs — which have been the focus of litigation and news reports — that are typically used for smaller or difficult-to-execute transactions.

Key Facts

BNY Mellon's custody clients make strategic choices when executing FX transactions based on their specific objectives: Generally speaking, custody clients have three ways to enter into FX transactions: directly negotiating with BNY Mellon, BNY Mellon's standing instruction program, or transactions with third party providers.

• Directly negotiated transactions generally refer to orders entered by the client or the client's investment manager with all of the decisions related to the transaction — usually on a transaction by transaction basis — made by the client or the investment manager.
• Standing instruction, which is at the core of the FX-related litigation, is described in detail below. In early 2012, BNY Mellon rolled out a new standing instruction pricing option, known as the Defined Spread Program, outlined below.  BNY Mellon has also recently upgraded its Session Range product, with enhancements that are described below.   
• Third party foreign exchange providers are chosen by custody clients for a substantial majority of their US dollar equivalent volume FX transactions.

BNY Mellon additionally offers a variety of other FX products and services related to custody FX.

Standing Instruction Service Offers Clients Attractive Rates in a Transparent Market, and Shifts Costs and Risks to BNY Mellon: BNY Mellon's standing instruction products offer many benefits and provide clients and their investment managers the capability to outsource the costs, risks and management of certain FX transactions to BNY Mellon.

• Many clients and/or their investment managers view the administrative burden of handling large numbers of FX transactions as prohibitive, and choose to outsource the handling, pricing and execution of such FX transactions to their custodian.
• BNY Mellon’s standing instruction programs offer rates that typically fall within the daily range of the “wholesale” interbank market.
• The costs to BNY Mellon of building, operating and maintaining a standing instruction infrastructure total hundreds of millions of dollars each year, and many clients choose to leverage the investments BNY Mellon has made.
• Some clients also find it particularly valuable to use this service for difficult-to-execute, emerging market transactions since BNY Mellon will assume the risk of settling the transaction and the burden of complying with complex regulatory regimes.

BNY Mellon continues to evolve its product offerings to ensure that they are meeting client demand and best positioning clients to navigate an increasingly complex financial environment. BNY Mellon has added to its traditional foreign exchange trading product line a new Defined Spread FX Standing Instruction product that offers:

• Pricing based upon rates captured multiple times per day in developed markets and rates captured/calculated once per day in emerging markets, plus or minus a fixed spread.
• Daily, guaranteed rates that provide protection against extreme currency fluctuations.
• Post-transaction reporting that includes the time at which we capture each rate, if applicable.
• Trade aggregation and price netting, subject to market and program parameters. Trades in the same currency pair that are priced by the same pricing location on the same business day and within the same collection cycle receive the same base rate.  Netting occurs at the legal entity level for accounts identified by the client, and defaults to the account level without client direction.

BNY Mellon has also upgraded its Session Range standing instruction product. 

• The upgrades include automated pricing pursuant to pre-defined rules and enhanced post-trade reporting. Trades are priced once per day within the interbank range of the day, and subject to a price collar. 
• Pricing is specific to session, pricing location and currency pair.
• Post-transaction reporting includes the applicable session high/low rates, forward points, and contract rate.
• Like Defined Spread, Session Range offers trade aggregation and price netting, subject to market and program parameters.  Trades in the same currency pair that are priced by the same pricing location on the same business day and within the same session receive the same base rate.   Netting occurs at the legal entity level for accounts identified by the client, and defaults to the account level without client direction.

The details of the pricing rules used for the Defined Spread and the Upgraded Session Range products are set forth in their respective disclosure documentation, which is available to clients and their investment managers.   

Trading Data Shows That Clients Understand — and Use — Different Options: The trading data shows that clients and their investment managers strategically use a combination of standing instruction and directly negotiated transactions with various providers based on the specifics of a transaction and their own objectives — clearly indicating that they understand the costs and benefits of these options. For example:

• Investment managers for BNY Mellon's custodial clients use BNY Mellon's standing instruction service for only a small percentage of our clients' foreign exchange requirements. Of the assets held in custody at BNY Mellon, investment managers transact a significant majority of their foreign exchange transactions with third-party providers.

Questions & Answers

What are the different types of foreign exchange transactions your custody clients can enter into?

Generally speaking, custody clients have three ways to enter into FX transactions: directly negotiated trading with BNY Mellon, BNY Mellon's standing instruction program, or transactions with third party providers. Directly negotiated trading generally refers to orders entered by the client or the client's investment manager in which all of the decisions related to the transaction — usually on a transaction by transaction basis — are made by the client or the investment manager. The preponderance of the notional value of BNY Mellon's trading volume with clients is negotiated.

Why would clients use standing instruction?

The standing instruction service allows clients and their investment managers to outsource the costs, risks and management of certain FX transactions to BNY Mellon. Some clients find it particularly valuable to use this service for difficult-to-execute, emerging market transactions since BNY Mellon will assume the risk of settling the transaction and the burden of complying with complex regulatory regimes.  Clients and their investment managers also find BNY Mellon’s standing instruction service to be an attractive option for small, “retail” size transactions, which can be administratively burdensome to handle.

BNY Mellon continues to evolve its product offerings to ensure that they are meeting client demand and best positioning clients to navigate an increasingly complex financial environment. BNY Mellon has added to its traditional foreign exchange trading product line a new defined spread standing instruction product that offers:

• Pricing based upon rates captured multiple times per day in developed markets and rates captured/calculated once per day in emerging markets, plus or minus a fixed spread.
• Daily, guaranteed rates that provide protection against extreme currency fluctuations.
• Post-transaction reporting that includes the time at which we capture each rate, if applicable.
• Trade aggregation and price netting, subject to market and program parameters.  Trades in the same currency pair that are priced by the same pricing location on the same business day and within the same collection cycle receive the same base rate.  Netting occurs at the legal entity level for accounts identified by the client, and defaults to the account level without client direction.

BNY Mellon has also upgraded its Session Range standing instruction product.  The upgrades include automated pricing pursuant to pre-defined rules and enhanced post-trade reporting.

• Trades are priced once per day within the interbank range of the day with a price collar. 
• Pricing is specific to session, pricing location and currency pair.
• Post-transaction reporting includes the applicable session high/low rates, forward points, and contract rate.
• Like Defined Spread, Session Range offers trade aggregation and price netting, subject to market and program parameters.  Trades in the same currency pair that are priced by the same pricing location on the same business day and within the same session receive the same base rate.   Netting occurs at the legal entity level for accounts identified by the client, and defaults to the account level without client direction.

The details of the pricing rules used for the Defined Spread and the Upgraded Session Range products are set forth in their respective disclosure documentation, which is available to clients and their investment managers.   

Who makes the decision to use the traditional standing instruction for a particular transaction?

Clients or their investment managers make this decision. We do not require clients and their investment managers to use the standing instruction process. They can — and frequently do — decide to conduct their FX transactions in other ways. For clients that use the standing instruction service, we confirm the trade details the next day so that clients know the exact price they received for transactions that day.  We also offer detailed post-trade reporting.

How do prices assigned through BNY Mellon's traditional standing instruction program compare to prices for directly negotiated FX trades?

The pricing of standing instruction transactions is generally less favorable to clients than directly negotiated trades.

How do you determine the range of prices offered each day in the traditional standing instruction product? How do you determine the price each client and/or transaction receives within the published range?

Today, pricing practices differ across the two standing instruction pricing options.

• For clients or investment managers that have selected the Defined Spread standing instruction product, BNY Mellon assigns prices based on a pre-defined spread over rates obtained from an objective market source or a BNY Mellon reference rate, plus or minus a fixed spread.  In developed market currencies, BNY Mellon assigns prices multiple times per day. 
• For clients or investments managers that utilize the Upgraded Session Range product, BNY Mellon assigns prices once per day within the interbank range of the day, and subject to the application of a price collar. Pricing is specific to session, pricing location and currency pair.

The details of the pricing rules used for the Defined Spread and the Upgraded Session Range products are set forth in their respective disclosure documentation, which is available to clients and their investment managers. 

Under BNY Mellon’s historical session range standing instruction program, every morning our U.S. trading desks provided their standing instruction customers with a guaranteed range of bid and offer rates for more than 70 currency pairs. We guaranteed that the actual rate that we assigned on that day to a standing instruction order executed by BNY Mellon's U.S. trading desks would be within the published range. The price actually assigned to a particular currency trade was within that range and typically within the much narrower range based on the 'interbank' foreign exchange rates available to credit-worthy global financial institutions. Unless BNY Mellon and a client agreed to a different pricing arrangement, BNY Mellon assigned prices to standing instruction transactions that were at or near the high end of the daily range of prices reported in the interbank market for client currency purchases from BNY Mellon, and at or near the low end of the daily range of prices reported in the interbank market for client currency sales to BNY Mellon.

How do you report the prices that clients receive on their traditional standing instruction transactions?

All clients have access to daily reports showing the actual rates applied to the prior day's transactions, so they can easily compare BNY Mellon's rates to industry benchmarks or other options in the market.  These reports are available via Workbench, the BNY Mellon client reporting mechanism.

Does BNY Mellon have a fiduciary duty to provide foreign exchange services at cost?

No. Any fiduciary relationship that exists between BNY Mellon and our clients with respect to our core custodial services is contractually delineated and does not require us to provide FX services at cost. We act as a principal and counterparty when we execute FX transactions — purchasing currencies from and selling currencies to our clients — not as an agent or a fiduciary trading currency on their behalf.

In fact, it is investment managers, not BNY Mellon, who are the fiduciaries of our custody clients, and have full discretion to execute foreign exchange transactions on their behalf. We believe that it is fundamentally unfair to seek to hold BNY Mellon responsible for the decisions of clients and their investment managers who made informed decisions about foreign exchange transactions.

Given the recent litigation, why is BNY Mellon continuing to offer its standing instruction program?

Many clients have made it clear that standing instruction is a product they like, know how to use strategically and want to continue to leverage. In addition, the company has expanded and enhanced its standing instruction product offerings to meet client demand.

Has BNY Mellon changed any of its product offerings as a result of the litigation?

BNY Mellon continues to evolve its product offerings to ensure that it is meeting client demand and positioning its clients well to navigate an increasingly complex financial environment. BNY Mellon has added to its existing foreign exchange trading product line a new defined spread standing instruction product that offers:

• Pricing based upon rates captured multiple times per day in developed markets and rates captured/calculated once per day in emerging markets, plus or minus a fixed spread.
• Daily, guaranteed rates that provide protection against extreme currency fluctuations.
• Post-transaction reporting that includes the time at which we capture each rate, if applicable.
• Trade aggregation and price netting, subject to market and program parameters.  Trades in the same currency pair that are priced by the same pricing location on the same business day and within the same collection cycle receive the same base rate.  Netting occurs at the legal entity level for accounts identified by the client, and defaults to the account level without client direction.

BNY Mellon has also upgraded its Session Range standing instruction product.  The upgrades include automated pricing pursuant to pre-defined rules and enhanced post-trade reporting.

• Trades are priced once per day within the interbank range of the day with a price collar. 
• Pricing is specific to session, pricing location and currency pair.

• Post-transaction reporting includes the applicable session high/low rates, forward points, and contract rate.

• Like Defined Spread, Session Range offers trade aggregation and price netting, subject to market and program parameters.  Trades in the same currency pair that are priced by the same pricing location on the same business day and within the same session receive the same base rate.   Netting occurs at the legal entity level for accounts identified by the client, and defaults to the account level without client direction.

The details of the pricing rules used for the Defined Spread and the Upgraded Session Range products are set forth in their respective disclosure documentation, which is available to clients and their investment managers.   

What is the status of the lawsuits against BNY Mellon?

A summary of FX-related litigation can be found in BNY Mellon's 10-Q, which can be found here. BNY Mellon has received favorable and noteworthy rulings dismissing all claims under the Virginia, California, and New York versions of the False Claims Acts.  These results are significant developments as they demonstrate that these types of claims cannot withstand legal scrutiny.

Client Update

Key Facts on BNY Mellon Foreign Exchange Litigation

Recent Developments

• When it comes to traditional standing instruction, many clients have made clear that this is a product they like, know how to use strategically and want to continue to leverage.
• In addition, while the foreign exchange litigation has received outsized media attention, clients have been largely supportive and appreciate the value we provide.
• BNY Mellon has thrived for 225 years because of its ability to adapt to the changing marketplace and help its clients do the same. The company will continue to evaluate and evolve its product offerings to ensure that they are meeting client demand and best positioning clients to navigate an increasing complex financial environment.
• Along those lines, BNY Mellon has added to its existing foreign exchange trading product line a new defined spread product that offers:
  • Pricing based on objective rate sources where applicable, captured periodically throughout the day, plus or minus a fixed spread
  • Daily, guaranteed rates that provide protection against extreme currency fluctuations
  • Post-transaction reporting that includes the time at which we capture each rate, if applicable
  • Trade aggregation and price netting, subject to market and program parameters.
• BNY Mellon has also upgraded its Session Range standing instruction product.  The upgrades include automated pricing pursuant to pre-defined rules and enhanced post-trade reporting.
• There have been positive developments on the legal front as well. BNY Mellon has received favorable and noteworthy rulings dismissing all claims under the Virginia, California, and New York versions of the False Claims Acts. These results are significant developments as they demonstrate that these types of claims cannot withstand legal scrutiny.
• The company remains committed to its clients and to continuing to evolve its products and services to meet client needs. It recognizes that times are changing, that competition for client business is fierce and that, more than ever, it must prove to clients that they come first. BNY Mellon and its entire front line are dedicated to not just meeting, but exceeding client expectations.

 

Media & Investor Contacts

News media and analysts seeking information about the foreign exchange litigation should contact: