NOW you know why reqs are not being filled.
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Again, @gsww, exchange was not enterprise ready in 2007. The path we took migrating to MS from LN was on a very reasonable timeline as the MS platform matured. Although it may have lagged a little more than it had to due to all the LN apps that had to be migrated.
Lotus Notes LOL. The cutting edge in 1983 when IBM bought it from Lotus (makers of 1-2-3). We understood that it was all the rage at BONY when they bought us and took it us back 25 years. They were probably impressed that it had both upper AND lower case letters. Oh, they also gave us Remedy and BEA. Imagine the morale of the technology industry leader being dragged back a quarter century in two years. It’s why the higher up the chain to NY the less competence, honesty, education and experience you find. After all these years there is still no conception of what you destroyed.
Sorry, @3zto, but there was NO WAY exchange could have handled what Lotus Notes did in 2008. Not to mention all the vulnerabilities from code red, sobig, nyxem, storm, XSS webmail issues, etc, etc
So what’s the big meeting for on 3/24?
Please State Street, acquire us. You will be welcomed with open arms.
So simple… the rich brawn bought the poor brains. Told them what to do, initially took their technology back to early 1990s BK. Worse yet even converted them back to 1980s Lotus Notes. Installed a glass ceiling in Pittsburgh. Broke everything that worked, promoted anything that didn’t.
Commissioned a Harvard case study to analyze how the most incredibly successful takeover in history was so amazingly successful. This is recommended reading… far better than late night comedy. Ain’t that just like post millennial Harvard…
What an Orwellian world we live in!
The fund accounting department is mentally re--rded. The blow major a-s
Bank of New York is a joke. So many drunks in financial reporting. The department sucks
Sberbank
Hard to see a future for the Bank. Cannot even recall the last credible CFO. We’re only even able to stay steady state due to Trump’s charitable donation to Greenfield. That windfall is never going to happen again.
Maybe they are not being filled because the place is a cr-p ho-e.
Someone’s a conspiracy theorist. Reqs aren’t being filled because nobody wants to work thanks to them being paid to sit in their bu-t. Plus most places don’t pay good and all of our reqs keep going to India. Ever wonder why we cannot get one extra yet they come up with two
Really? A potential merger with JPM? They did the Asset Swap back in 2005 .. remember, retail banking for corporate trust ... so now they bring those two businesses back under the same roof? Eh.
Dream on.
This rumor has been around forever.
Uh…. Northern Trust and a few others?
JPM got out of custody business because it is unprofitable. Now there is only State Street and BNY left. Fed won't/can't leave it to just one bank so BNY will be bought/merged, most likely with JPM. BNY has the worst systems the Fed has ever seen and has failed multiple cybersecurity tests due to lack of investment and too many bandaids over their many systems. BK stock price has been rising for a reason and its not due to their revenue outlook or reduction in costs (constant layoffs).
I have been privy to some info that came from our director.
She said they just aren’t getting resumes to fill reqs. She this is true across the board .
If it’s true or not, I can’t say .
Just thought I’d share
Wrong everyone ... the buyer is 1-800-GOT-JUNK
Most likely a Fintech
Who’ said BNYMELLON is the buyer? They may be the takeover target
If BNYM is going to make a large acquisition, my guess would be SS&C.
What are you even talking about??
Maybe with a Russian Bank
The feds…as in the FBI? Or Joe Biden?
I can't imagine any merger being approved by the feds. That would be like buying oil from commies in Venezuela.