So a couple more senior managers are leaving Pershing. For them to leave one of the more profitable divisions of the bank, they must know something the rest of us don't. Pershing X must mean Pershing eXit!
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Pershing is a legend for BONY. For heritage Mellon… meh.. kind of substandard and incompetent. We were decades ahead of Pershing and were dragged backwards 20 years in tech and products. BONY was great at destroying world class solutions. Not so good at anything else unfortunately.
As long as Cr-wley has his loyal followers he doesn't care.
There are still a few left smoking a massive amount of smoke up his you know what.
Mr & Ms.
Initials?