Bank of New York Mellon Corp (BUE:BK)
ARS 31239.5 -234.5 (-0.75%) Market Cap: 38.21 Til Enterprise Value: -48.09 Til PE Ratio: 14.14 PB Ratio: 1.20 GF Score: 58/100

Bank of New York Mellon Corp at Deutsche Bank Global Financial Services Investor Conference Transcript

May 29, 2019 / 12:00PM GMT
Release Date Price: ARS241.9
Brian Bertram Bedell
Deutsche Bank AG, Research Division - Director in Equity Research

So thanks, everyone, for joining us. Welcome to day 2 of our global financials conference. Hopefully, you found the first day informative, and we have a lot more action planned for day 2 here as well.

For those of you who don't know me, I'm Brian Bedell. I cover the trust banks here at Deutsche Bank, along with the asset managers, exchanges and online brokers.

So this morning, we'll kick things off with Bank of New York Mellon, and we're very fortunate to have both Chairman and CEO, Charlie Scharf, and Mike Santomassimo, with us today.

I'm pretty sure everyone knows BNY Mellon. But just as a reminder, it is the largest financial asset servicing firm with nearly $35 trillion in assets under custody and administration and one of the largest investment management firms with $1.8 trillion of assets under management.

Charlie came to BNY in July of 2017 from the CEO position at Visa where he was for 4 years and, of course, has a long and distinguished career prior to that, mostly

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