https://fortune.com/2024/08/15/exclusive-how-bnys-new-ai-tool-eliza-is-minting-an-army-of-disposable-assistants-that-could-save-billions-in-labor-costs/ I have an upcoming interview. How is this division?
Wove
What is going on with Wove? Does the people from PX know anything about Pershing and it's business? Will Robin have any insight on what is going on? Or he is blindly listening to Ainslie?
What's another $40M?
BNY Mellon Securities Corporation, together with Pershing LLC, agreed to pay a $40 million penalty https://www.sec.gov/newsroom/press-releases/2024-98
Scabs
How many of you could take a job if you knew the person who had it before was getting laid off ?
Los Angeles
Anyone know how LA, Corp Trust is looking?
Pay ranges
I know pay ranges aren’t advertised but does anyone have a baseline idea of what the pay ranges are in Lake Mary? Specifically for H, I, and J grades. I can’t wait to see the smart Alec responses but hopefully someone has some meaningful insight lol — read more
Pacifically Lake Mary
This place has chipped away at my group, one by one, eliminating positions while simultaneously hiring for replacements in Lake Mary. From this so called pool of talent, we hired a manager that repeatedly said “pacifically” over the course of an... — read more
Wexford
Anybody hear on the grapevine when the hire freeze in the Wexford office is set to end.. if end at all?
Incompetent HR
The best is when they say put the ?on the portal. If I needed the response in 2 weeks I would. HR stumbles over their own feet. Incompetent. Oh that info is confidential, well if yoy can't tell me, you do the work.
Massachusetts
Bny mellon and PNC employees information is everywhere. Medical and financial is everywhere. Check the source in every Facebook profile photo, masslandrecords, adultfriendfinder etc it's even in the Massachusetts license plates. Thank Briget Engle... — read more
We need to fire the entire ELT including the CEO
They have no idea what they're doing. We need people who will fix this place, not keep destroying it just so they can enrich themselves further. It's more than obvious that all the people who are supposed to lead this place are completely... — read more
Are Sept layoffs rumors true?
There are a lot of rumors going around about Sept layoffs, and they’re all grim. Everybody talks about massive job cuts. And this is on top of stealth layoffs which are habitually happening every day now. Coming to work and expecting to lose the job... — read more
Is BNY trying to get older workers to quit?
That's what it feels like to me, with the unrealistically increased workloads and constant bullying we have to go through every day. Are we too expensive to lay off so they want to get rid of us this way before we can retire? Call me paranoid, but... — read more
Massive layoffs at BNY
The firm is quietly letting lots go. Rumors is over 5000 people. They are doing it very quietly and as such the press hasn’t gotten wind of it.
So who is Bridget taking with her?
WF person here. I hear BE comes with her people - any thoughts on who she’ll bring?
Does Ben Slavin take any accountability or have metrics
The more I interact with Ben Slavin from different capacities in AS I realize he claims no responsibility for anything, cares only about himself and elevating his personal market brand. He has no real metrics and responsibility but gets paid almost a... — read more
HealthEquity data breach (HSA)
HealthEquity data breach affects 4.3M people... Happened in March - right after BNY made the change from BenefitsWallet... https://techcrunch.com/2024/07/30/healthequity-data-breach-affects-4-3-million-people/ https://www.healthequity.com/breach — read more
So we forfeit the 10 shares?
I left the bank a couple of months ago. I still see my RSUs from BNYM in my Fidelity account. Are those forfeited, or will I be able to cash them out after the 3 year term?
Anyone else’s background changing to the “Principles”?
does anyone else’s laptop background forcibly change to the principles? i have mine as my pet, and it keeps forcibly changing to “client obsessed” or “spark progress” and it’s starting to pi-s me off. those principles annoy me enough, and i think... — read more
Town halls
These town halls are so ridiculous. They like to tell us how great the culture is and how much it’s changing for the better over & over & over. Listen & believe what we tell you versus what you’re experiencing…. & trying to pressure everybody to... — read more
New Feedback Process
Oh what fresh hel* is this? Just more worthless administrative cr-p for us to endure rather than doing our real job. I predict that nothing (good) will happen as a result of this, everyone will complain about it and it will just mysteriously... — read more
Bridget Engle - Competent?
Or just another Scharf lackey? WF just demoted the Head of Technology, Tracy Kerrins and hired Bridget Engle as Head of Technology. Tracy Kerrins has been a disaster since she was given the role in spring 2023. Can we expect more of the same from... — read more
Clients and EP
They can’t stand her!!!!
Agile Delivery Practice Mess
Such a mess we have created with this practice with the head having no clue how to run this.
Redundancies in Ireland - Check out recent Pluralsight case
"Tech firm ordered to pay sales director €112,000 over handling of... — read more
Wilmington, DE to close by the end of the year?
Anyone have any details, or is this just another "end of the world" rumour? I know there are no new hires in the site, and ofice space has been consolidated.
Townhalls
Low hanging fruit is now a thing?
Treasurer of BNY left yesterday
CFO is slimming his management team
401k
Lost everything because I was let go before the 3 years. This is complete sh-t. Hope they all lose everything
US Notice Policy Breach
Has anyone left earlier than the required notice period - VP/SVP 30 days, D/SD 60 days, MD 90 days? What is the consequence of submitting an earlier notice or providing last day of work? As soon as your notice is submitted, policy states you are... — read more
PGH Badge Swipes
I noticed that we're required to badge out when leaving the building. Is this the case in both Ross and Grant? Do other offices have this? Guess this is how they get around the IP address tracking to keep track of time spent in office.
How many people did we lose in the last 12 months?
Not just to cuts, but attrition as well.
Who created the promotion of manager getting more work but the wage increases kicks in 9 months later?
Who created the promotion to manager getting more work/ duties but the wage increases kicks in 9 months later? Why we are letting the management ripping us off for the 9 months.
Bank of New York Mellon touched an all-time intraday high of $64.93 on Friday
Bank of New York Mellon touched an all-time intraday high of $64.93 on Friday after second-quarter earnings topped Wall Street estimates, above the prior record set in February 2022 This is why RV is here to stay. Again, he is neither your friend... — read more
What worse will happen if I complain to my skip level manager or HR
I have been stressed lately due to unrealistic pressure from my direct line manager. The short sighted demands from my manager are just a knee jerk reaction to what my manager hears from his superiors. I am still early in my career, but wondering if... — read more
Site rebrand to BNY and UK/IRE location strategy
If a site is still showing 'BNY Mellon' on the wall does that mean curtains? Current trajectory? UK: London & Manchester Ireland: Dublin (with massive new office in 2025). Looks like staff in Poole, Edinburgh, Wexford and Cork etc should dig... — read more
Ops cleanup
Are we cleaning. We focus only on tech always :(
Head of EQE last day was today
SA has left the bank