Thread regarding Bank of New York Mellon Corp. layoffs

After Pershing Purge, who is next?

What business unit is next in the line of reforming?

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Post ID: @OP+YYouzYg

9 replies (most recent on top)

Santa

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Post ID: @debj+YYouzYg

Uhhh... still got my money on Pittsburgh. Nobody thinking about business units in big India or little India... why business units are right up here with us.

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Post ID: @dqxn+YYouzYg

“Pittsburgh” is not a business unit.

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Post ID: @czvd+YYouzYg

My moneys on Pittsburgh. Smarter than NY, less subservient than India, easy to blame and far enough away to get away with it. It’s been a perennially great place to chop.

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Post ID: @bkxg+YYouzYg

Wow Jeff bezos! Your answer is as insightful as saying Santa

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Post ID: @9vhg+YYouzYg

Jeff Bezos.

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Post ID: @8vsq+YYouzYg

Who's looking to buy Pershing?

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Post ID: @8xvn+YYouzYg

Shop the entire IM or just sell piecemeal? I would have thought a package deal was more likely rather than one business unit at a time.

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Post ID: @1yvm+YYouzYg

Folks, Pershing is being “shopped”.

Whether or not there is a buyer willing to pay the asking price is a different story.

Look for additional changes in the Investment Management groups as well.

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Post ID: @aej+YYouzYg

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