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Confidential whistleblower documents that helped spark a massive state and federal investigation into how bank of new york mellon corp charged pension funds for currency exchange, provide a rare. Pershing is a primitive 1980s brokerage which suresh started in india and somehow convinced management that it was gods gift to man and they acquired it in the karen peetz (the most important woman in banking) era. It wasnt, and suresh was only good at self marketing.
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Thread regarding bank of new york mellon corp. Layoffs planned office closures and headcount reductions the bank will be taking many opportunities to reduce headcount, focussed on higher paid staff with longer tenures and located in offices away from regional hqs. Now we already know, bny mellon is holding millions of shares of $gme puts in brazil. For who knows why and for whom no one knows, they filed the shit wrapped in confidentiality.
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Mellon has hired a former goldman sachs senior director in a new role that centralises the leadership for the custodians capital markets businesses. Messages relating to layoffs at bank of new york mellon corp. Are presented below the company info. The bank of new york mellon corporation (dba bny mellon), is a large banking and financial services holding company headquartered in new york city. The company is one of the oldest banks in the usa.
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