Sources Below... AMERICAN BANKER › BNY Mellon is all-in on digital PENNY CROSMAN JUNE 24, 2019 BNY Mellon, one of New York's oldest banks, is taking a different path toward its digital transformation, according to Roman Regelman, its head of digital... — read more 

I got let go today so I don't feel bad about letting people know about the downsides of working at BNY Mellon. They don't offer a pension and haven't since around 2012, management is instructed to rate employees below actual performance because... — read more 

So Gwen Collins is leaving immediately after only 7 months as Product and Strategy Global Head. Both CT attorneys are leaving as well. Curious.

How long do they plan to torture us like this???

Goldman Sachs plans to disrupt banking like Amazon did retail, Apple in music https://finance.yahoo.com/news/goldman-follows-apple-amazon-into-disruptor-territory-184340494.html

For all of you that have been accepting new graduate hires on your teams and departments for the campus analyst program little do you know they are coming in making 52k in the Pittsburgh office which is more than individuals who are Analysts and... — read more 

Curious... Where did you start and what kind or raises/promos did you get over time...

I was a long time worker at BNY Mellon who always got excellent reviews. However, I fit the bill of being just old enough and making just enough money to make the list of 2019 layoffs. Forget the quality of the work you did. Forget loyalty. That did... — read more 

It will be an icy day in hell before we shed a tear for the ex-Deutsche Bank vultures. https://nypost.com/2019/06/18/bny-mellons-piers-murray-leaving-amid-bond-trader-exodus/... — read more 

Anyone hearing the same ?

They can muzzle us at work, but they can't muzzle us on this site. It's telling that the posts here get at least tenfold the number of views as the propaganda stories on the corporate intranet.

Does anyone know how sub payments will effect taxes? Thank you

The company is unethical in its core. Don't for a minute think senior managers believe in WIN, or D&I, or the CoC or anything they harp on about, other than gorging from the trough for as long as possible. The little titbits strewn around is to... — read more 

More new appointments. The ship is hemorrhaging revenue, but we are to be oh so excited about the organizational changes. Those who steered the ship into these waters are guaranteed lifeboats — while the rest of us will either have to swim to safety... — read more 

BNY Mellon failure — brought to you by the same people (arrogant bankers) that brought you the financial crisis of 2008. Wall Street luminaries like Charlie tend to think they deserve higher pay because finance now requires greater technical... — read more 

I was let go in January and I applied to a bunch of positions. I even had my manager assisting me and I didn't even get an interview. I'm at a much better place now and thankful I didn't end up back at BNYM. I asked an HR rep if laidoff employees... — read more 

This weeks issue of BNYM propaganda centers around more Hamilton nonsense and "Building a Culture of Recognition and Appreciation" - I kid you not. Amongst all of the constant layoffs and forced BE ratings they float this garbage out there. Meanwhile... — read more 

My question is what’s the end game? Surely BNY can’t go on like this, lay-off after lay-off for at least 5 years where I am. India screwing up daily. Everyone overworked and stressed.... There has to be a plan for this company? Anyone venture to... — read more 

Honestly, other than layoffs, has there been any actual attempt to change the way things are done to improve our bottom line? I don't think so. I think management hates change and wants to preserve status quo for as long as they can through layoffs... — read more 

Anyone had their appraisal? What is the % for BE vs. Other ratings?

How come I am still not getting one for my manager? In prior years it happened in May.

Did anyone actually get excited about the fake email that promised old computers would be replaced by clicking on the link to test your system?

They proceed with blessed indifference to how their monstrous, solipsistic behavior affects the lives of employees. How many heart attacks, stokes and serious mental health crisis’ have they caused? But reality doesn’t matter. What matters is the... — read more 

after having been rated BE and laid off? My ex-team is so short handed now, apparently they’re looking to hire a new person. I’m trying to learn if there’s anyone out there who was given back their old job.

I am a manager. I am routinely forced to rate people as BE. I am routinely forced to change my comments to be more negative. It’s not a good company to work for. Thank you for saying this. At least it's good to have a confirmation that no matter how... — read more 

I see we have a new vice chairman to oversee these things. They give away with one hand what they took with the other, then spend money making sure the world knows they are concerned about existing conditions (the very conditions they actively... — read more 

Well I guess this is bad news for people looking for jobs. State Street had planned layoffs and automation, and recently shared some details: Reductions are 1,200 across higher-cost locations offset by 900 new roles added in “global hubs” in India... — read more 

Anyone hear chatter about certain lines of business under scope for acquisition? They want out of Europe??

My direct manager asks me to do reasonable things that are in conflict with the things their manager, HR and training seem to expect. Sometimes, they all seem to be in conflict with each other. Since (in my case) these are all good people (as far as... — read more 

I tried to assist my manager I get the shaft. Very rud lt in front of other coworkers. I ask a question and pretty much she tells me to figure it out myself. ReallY? Decades of dedication and hard work and now making me feel like c-ap. So what do I... — read more 

Talks of selling off some business lines true? Serious pressure on share price. Leaders not equipped in any shape or manner to turn it around?

What is the status of Brooklyn office ? I saw they are closing health Center in coming weeks. More layoffs before they move staff to Manhattan?

This weeks propaganda centers around the banks 235th anniversary and trying to link this dump to the founder, Hamilton. Even more ridiculous are the lemming commenters stating how proud they are and "the bank must be doing something right to be... — read more 

How many of you still have any faith left in our leadership? Anybody? I think a three-year old could run this bank better than what we have now. Relying on layoffs above everything else to improve the bottom line has never worked long term for... — read more 

Charlie has been brought in to drive results upwards. He has done the opposite....share price on the floor. He will be gone by the end of the year I think.

60 years old work on mainframe 30 or more years with the bank = dinosaur

I have seen several people laid off from my own group and others, yet they have hired 2 younger people this month in another area within the group. The company expects loyalty from its employees but their not even considering moving you to areas... — read more 

https://nyti.ms/31eZlQa By Patricia Cohen June 7, 2019 MADISON, Ala. — Across the United States, mammoth corporations and family businesses share a complaint: a shortage of workers. As the unemployment rate has tunneled its way to a half-century low... — read more 

Is great... just do what you can to get yourself on the “list” or just quit... didn’t realise how much mental stress the EMEA and US IT management were putting me under. Really had some dark days before I was forced out... no support from BNYMELLON... — read more