Will the money that is being used to sponsor this event come out of the employees raises for next year or senior managements bonuses?
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We've moved on from the 1 wall carpet, now the whole company is held together with duct tape
@lxrd you are correct that Mellon had the better reputation and treated its employees better. I recall going to NYC shortly after the merger was announced for integration meetings. One Wall offices were so shabby the carpets were held together with duct tape. The BNY employees were amazed that Mellon staff, including those at the VP level, all had Blackberries - only executives at BNY had them. And the first year after the merger, my bonus was cut from $40k to $15k because my NYC-based "manager" told me he needed to raid it to give more money to his NYC (BNY) based staff. Typical. So glad I'm out of there!
"Completely inaccurate. Didn’t happen that way at all. "
Translation from New York-ese...that's exactly how it happened.
So whats the real story, heard 1 persons version, whats the real one?
Completely inaccurate. Didn’t happen that way at all.
The whole deal was shady, bob kelly wanted to be ceo of bny, got turned down, became ceo of mellon and then brokered a deal to combine the 2 companies and became ceo anyway. Then his ego told him to move to bank of america but we all know how that turned out..... can't speak for how bny was to their employees before this debacle but mellon always treated their employees well until we became bnymellon. Bonuses were always decent and yearly increase was always over 3%. From what i heard which could be completely false but mellon had the better reputation and bny had far better global exposure and size. The thought process supposedly was combining the 2 places would give the bny brand a better reputable standing since they already had the global presence. Again no idea what the reality is but that was the widely floated sentiment
at mellon from my experience.
What clowns actually think that was a merger?
It ain’t coming from the exec pay!
:@1sck+1dIDqLWq
typical NY copying and taking credit for someone else's words.
BNY Mellon doesn't do enough for the NY community compared to how involved Mellon bank was prior to the BNY Mellon merger. BNY was ALWAYS visible and always involved within the neighborhoods. BNY had a huge presence in NY that was tied to an incredible and wonderful history with that city. That all went away with the BNY Mellon merger in 2007. Ever since the merger, the history of the Mellon Bank and Andrew Mellon is the only history that really matters. To he-l with BNY's history. To he-l with all those portraits of the Alexander Hamilton hanging up on the wall at 240G. That's all the proof I need that the BNY Mellon merger was a hostile takeover. NYC deserves way better than that.
Last time I checked it is Pittsburgh that has the glass ceiling. Oh yeah, geographical discrimination, and a true glass ceiling that limits us in career advancement by policy. Ever since the merger as we go up the chain we see that our leaders have less experience and education that we have. Talk about DEI, this is far worse.
Funny. Pittsburgh complaining !!!! In our area Pittsburgh fully in charge. Many New Yorkers displaced since the merger. Most bosses out in PGH.
Of course in terms of community involvement I don’t see much of that in NY.
The Alexander H thing don’t mean much here except for the old joke. Old Al was on his way to NJ to meet Aaron Burr. Told the office not to do anything until he got back We still waiting 🤣🤣🤣. Sorry for the stale humor
If you think the merger helped the NY side of things, think again. They merger was the start of our downfall
BNY Mellon doesn't do enough for the Pittsburgh community compared to how involved Mellon bank was prior to the BNY Mellon merger. Mellon bank was ALWAYS visible and always involved within the neighborhoods. Mellon had a huge presence in Pittsburgh that was tied to an incredible and wonderful history with that city. That all went away with the BNY Mellon merger in 2007. Ever since the merger, the history of the Bank of New York and Alexander Hamilton is the only history that really matters. To he-l with Mellon bank's history. To he-l with all those portraits of the Mellon family hanging up on the wall on the 40 something floor of one Mellon center. That's all the proof I need that the BNY Mellon merger was a hostile takeover. Pittsburgh deserves way better than that.
With the amount of money they give you as a raise I assume there will only be three fire crackers and one sparkler. Enjoy!