BNY Mellon’s 2015 Annual Report is now available online.
In his letter to shareholders, Chairman and CEO Gerald Hassell said, “In 2015, we executed against our strategic priorities, and the results were evident in our financial performance. We are proud of what we accomplished this year as our financial performance improved against many of the measures that matter most. We are meeting our three-year Investor Day goals and positioning the company to be even more effective and successful. Yet, we realize that we have more to do.”
BNY Mellon’s strategic priorities, which are designed to capitalize on its expertise and scale while strengthening the client experience, are:
- Driving profitable revenue growth
- Executing on our business improvement process
- Being a strong, safe, trusted counterparty
- Generating excess capital and deploying it effectively
- Attracting, developing and retaining talent
“Given the challenging market conditions as we begin 2016, it is critical for us to drive efficiencies and stay focused on executing well on our priorities. We continue to identify opportunities to reduce corporate overhead and to leverage scale in operations, technology and distribution – while investing in revenue, technology and regulatory initiatives and delivering a high level of service to our clients,” Hassell continued.
To view the full annual report, click here.