Sep 13, 2022 / 11:30AM GMT
Jason Michael Goldberg - Barclays Bank PLC, Research Division - MD & Senior Equity Analyst
Great. Good morning. I'm Jason Goldberg. I cover the U.S. large-cap bank stocks here at Barclays, and welcome to day 2 of our 20th Annual Global Financial Services Conference. Kicking off this morning's festivities, I'm very pleased to have Bank of New York Mellon, who will be the first company, I think, in a streak of 7 or 8 companies we have to get through before lunch.
From the company, very pleased to have Emily Portney, the Chief Financial Officer; and Jim Crowley, the CEO of Pershing. Pershing is about 15% of Bank of New York's revenues, so a significant business with some unique growth opportunities, so we thought it was worthwhile to feature it this morning.
And Jim, maybe let's start there. Perhaps maybe start with an overview of the business. It's not a business, the other trust banks operate in. And maybe not, at least when I talk to people, not as well understood as perhaps it should be. So maybe just start with an overview of the business, what services Pershing provides and just
Bank of New York Mellon Corp at Barclays Global Financial Services Conference Transcript
Sep 13, 2022
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