Bank of New York Mellon Corp at Credit Suisse Financial Services Forum Transcript

Feb 27, 2020 / 06:20PM GMT
Susan Roth Katzke - Crédit Suisse AG - Research Division - MD & Senior Analyst

Okay. Good afternoon. So we are back on the stage again. My next speaker here is BNY Mellon, and we're joined by CFO, Mike Santomassimo; and for the first time in a public forum, I've got Lester Owens, Bank of New York's Head of Operations. Lester joined the bank in February of 2019 from JPMorgan, where he had run wholesale banking operations. So yes, for those who understand where Mike came from, Mike and Lester worked together in prior lives and are back together again at BNY Mellon.

So I'm going to run this as a fireside chat. I'm going to focus on Lester in the operations area first a little bit, and then, of course, we're going to put Mike in the hot seat here on the expenses that follow through from that, et cetera.

Questions and Answers:

Susan Roth Katzke - Crédit Suisse AG - Research Division - MD & Senior Analyst

So why don't we start with a little bit of a lay of the land on the operations side.
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