Thread regarding Bank of New York Mellon Corp. layoffs

Asset Servicing/AIS Ops Merger?

Has anyone heard anything about this? Seems there are some talks going on about this merger happening which will of course create job “redundancy”.

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Post ID: @OP+13OG9OGP

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AIS services and sweeps are so basic to Custody and common even in retail banking on the high end that I once again have to question our hiring practices and how or even if employees are vetted for degree or experience upon hiring. This is sad stuff.

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Post ID: @1lbh+13OG9OGP

AIS NY has new job postings all levels

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Post ID: @1hst+13OG9OGP

AIS is basically ops that think they're fancy

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Post ID: @1eav+13OG9OGP

A** In Seat or Alternative Investment Services

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Post ID: @1swb+13OG9OGP

What is AIS?

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Post ID: @fok+13OG9OGP

Emea in scope anyway

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Post ID: @uwn+13OG9OGP

Any idea on which locations were in the plans?

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Post ID: @snn+13OG9OGP

Yes this was supposed to happen last year. They are closing locations, combining departments, etc. So yes expect more layoffs

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Post ID: @sds+13OG9OGP

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