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Byn Mellon Dreyfus Redemption Authorization Form

Byn Mellon Dreyfus Redemption Authorization Form

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THEY WILL CUT 3% OF THE WORK FORCE BY YEAR END. JOINING US NOW IS THE CEO OF MELLON WELCOME. THANKS FOR BEING HERE. >> GOOD TO BE HERE >> YOU JUST GOT HERE WE APPRECIATE IT "A" FOR EFFORT A LOT OF COMPANIES DURING THE PANDEMIC ADDED TOO MANY PEOPLE THAT IS NOT THE CASE HERE. IS THIS A PREEMPTIVE MOVE IF WE HAVE A SLOWDOWN BASED ON THE FED-INDUCED SLOWDOWN YOU FIGURE GET IT OUT OF THE WAY NOW? >> FOR US, WE HAD A VERY SOLID YEAR IN 2022 WE WERE PLEASED WITH THE P PERFORMA PERFORMANCE. THE LAST COUPLE YEARS WERE HIGHER GROWTH EXPENSES THAN WE WANTED WE ARE TAKING STEPS FOR A GOOD PATH ON 2023 AND BEYOND. >> WHERE DID YOU FIND, I DON'T WANT TO CALL IT FAT, YOU DON'T WANT TO REFER TO EMPLOYEES LIKE THAT WHERE DO YOU MAKE ROOM FOR REDUCTIONS >> WE TOUCH ABOUT 20% OF ALL INVESTABLE ASSET AS CROSS THE PLATFORM WE ARE A GLOBAL FIRM 40% OF THE ACTIVITCTIVITY IS OUE OF THE U.S WE LOOKED UP AND DOWN ACROSS THE POPULATION WE HAVE BEEN FOCUSED ON BEING EFFICIENT AT THE MANAGEMENT LEVEL. WE S

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