Thread regarding Bank of New York Mellon Corp. layoffs

Treasury Services is another sh-t show

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| 6012 views | | 12 replies (last January 29, 2024) | Reply
Post ID: @OP+1qHIGpcP

12 replies (most recent on top)

@7mit

You simply could not be less knowledgeable.

Everything that you’re whining about already exists and is easily monitored by employees and customers.

it’s ok to ask for help.

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Post ID: @7mvi+1qHIGpcP

I’ve seen the same problems for the past 10 years and management is not fixing fast enough. Too much work to do since Russian sanctions were missed. Sanctions and KYC first. Overlays on transaction monitoring are being worked on.

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Post ID: @7sds+1qHIGpcP

Dunno what you’re smoking but every money movement in Treasury Services is recorded, a fee is recorded and there are full audit trails. Customers can view them as well.

Never heard such untruths before on this forum. Somebody has an axe to grind for some reason.

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Post ID: @7ngq+1qHIGpcP

There is no monitoring capability to track payment transactions. The regulators never ask for proof. The revenue numbers are inflated by the US payments co-head CS under JPM Jen. Anyone raising these facts gets the ax. Don’t ask, don't tell and if you are a white guy, you too will do well.

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Post ID: @7mit+1qHIGpcP

As an application programmer for a few TS applications, I find our business partners don't know the systems anywhere near as well as IT does.

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Post ID: @6owv+1qHIGpcP

Somebody here assumed that Roman was working on a Blockchain solution for tracking ETF custody assets under management.

As it turns out Blockheads like Roman will soon be in custody in a cell next to Bernie and Catherine Keating.

Ain’t life funny?

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Post ID: @6txq+1qHIGpcP

Treasury Services has always been well managed. Are you mixing them up with Pershing… the dumpster fire of BNMY?

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Post ID: @5xwy+1qHIGpcP

@1hvd, I'd say that given the number of FAX machines still running in the company, Roman's Digital area is the d*mbest!

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Post ID: @1rhz+1qHIGpcP

The d-mbest department within the bank

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Post ID: @1hvd+1qHIGpcP

Always has been. They rotate liaisons so often none of them know anything about the systems they're supposed to be SME's of. The business owners have no ideas for system enhancements and there is never any money budgeted to do anything anyway.

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Post ID: @1pvg+1qHIGpcP

I will start

  1. Executive Committee member leading business is based at home.
  2. The person taking over for outgoing Pa.. Ada.o.
  3. Central New York teams forced out of office to work from home for however long that lasts!

Let’s keep this going!

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Post ID: @1kgk+1qHIGpcP

For what reasons? Show your work!

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Post ID: @fmi+1qHIGpcP

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