The Bank Of New York Mellon Corporation · NYSE:BNY
The Bank Of New York Mellon — Bank of New York Mellon — Shareholder Meeting (April 2014)
17 slides from The Bank Of New York Mellon's shareholder meeting presentation, Apr 8, 2014
Slide 1: Annual Meeting of Stockholders
April 8, 2014 Exhibit 99.1 ANNUAL MEETING OF STOCKHOLDERS
Slide 2: Cautionary Statement
Cautionary Statement 1 A number of statements in our presentations, the accompanying slides and the responses to your questions are “forward- looking statements.” These statements relate to, among other things, The Bank of New York Mellon Corporation’s (the “Corporation”) expectations regarding: Inv
Slide 3: Expertise Across the Investment Lifecycle
2 * Securities transactions are effected, where required, only through registered broker-dealers. OUR CLIENTS CREATE INVESTMENTS MANAGE INVESTMENTS HOLD & SERVICE INVESTMENTS TRADE, CLEAR & SETTLE INVESTMENTS * ENABLE ACCESS TO INVESTMENTS RESTRUCTURE INVESTMENTS The Investments Company for the Worl
Slide 4: The Investments Company for the World
3 The Investments Company for the World Corporate Trust #1 Global corporate trust service provider Treasury Services Top 5 in U.S.D. payments Global Markets Client driven trading Global Collateral Services Leveraging the breadth of Investment Services Asset Servicing Largest global custodian ranked
Slide 5: 2013 Highlights
Growth Year-over-Year 2013 Highlights 4 2013 1 Includes Performance fees. 2 Represents a non-GAAP adjusted measure. See Appendix for reconciliation. Additional disclosure regarding this measure and other non-GAAP adjusted measures are available in the Corporation’s reports filed with the SEC, includ
Slide 6: A Look at 2013 – Solid Pretax Income Growth
A Look at 2013 – Solid Pretax Income Growth Despite Factors Unique to BNY Mellon 5 1 Excludes the impact of intangible amortization and money market fee waivers. 2 Assumes no change in client behavior. Pretax Income +12% Corporate Trust Pretax Income ($millions) rates rise by 50 bps ² Rapid Recovery
Slide 7: Strong Capital Generation Provides Financial Flexibility
6 Strong Capital Generation Provides Financial Flexibility 1 Represents a non-GAAP adjusted measure. See Appendix for a reconciliation. Additional disclosure regarding this measure and other non-GAAP adjusted measures are available in the Corporation’s reports filed with the SEC, including our 2013
Slide 8: Investing in Our Franchise
Investing in Our Franchise 7 1 Represents increase in the business unit servicing Tri-Party / Clearance. BDS = Broker-Dealer Services Investing for Organic Growth Investment Services • Outsourcing platform • Global Collateral Services • Global / Capital Markets expansion • Enterprise payment hub Inv
Slide 9: Investment Management & Investment Services Benefits of Combination
Investment Management & Investment Services 8 Benefits of Combination Investment Management Investment Capabilities Deepen Client Relationships Collaboration Provides Additional Growth Opportunities • Investment Management has been a highly successful contributor to earnings • Minimal balance sheet
Slide 10: Focused on Expense Control and Operating Leverage
Focused on Expense Control and Operating Leverage 9 Bending the Cost Curve Technology • Getting more out of existing spend Managing Real Estate • Consolidating our space – net reduction of ~700,000 square feet in New York City Consolidating Platforms • Custody: three platforms to one • Fund accounti
Slide 11: Driving Shareholder Value Positioned for Growth
Driving Shareholder Value 10 Positioned for Growth Actively realigning the business model for the new regulatory environment Bending the cost curve and driving positive operating leverage Generating 20%+ returns on tangible capital, enabling: Dividend increases Share repurchases Investments in our b
Slide 12: BNY Mellon
Ss Ke BNY MELLON
Slide 13: Appendix
APPENDIX
Slide 14: Reconciliation Schedule
Reconciliation Schedule * Totals exclude the Other segment. Pretax metrics exclude the impact of intangible amortization. INVESTMENT MANAGEMENT REVENUE $ MILLION INVESTMENT MANAGEMENT 953 1Q13 249 PRETAX INCOME $ MILLION 985 2Q13 311 987 3Q13 290 1,061 4Q13 292 3,986 2013 1,142 13 Business - Revenue
Slide 15: Reconciliation Schedule
14 Reconciliation Schedule Net Income ($millions) (Ex. Intangible Amortization) 2013 Net income – continuing operations $2,047 Intangible amortization – after-tax 220 M&I, litigation and restructuring 45 Net charge related to the disallowance of certain tax credits 593 Adjusted Net Income 1 $2,905 (
Slide 16: Dodd-Frank Act Stress Test
Dodd-Frank Act Stress Test Bank Holding Company Ticker/ Identifier Tier 1 Common Ratio (%) Stress Impact Actual Q3 2013 Ending Minimum American Express Company AXP 12.8 14.0 12.1 0.7 BB&T Corporation BBT 9.4 8.4 8.4 1.0 SunTrust Banks STI 9.9 9.0 8.8 1.1 U.S. Bancorp USB 9.3 8.3 8.2 1.1 PNC Financia
Slide 17: Disclosures and Sources
Source: Globalcustody.net, 2013, data as of June 30, 2013 or as otherwise noted by relevant ranked entity. Based on single manager funds and funds of hedge fund assets under administration combined. Source: Thomson Reuters and Dealogic, first quarter, 2013 Leader in sponsored global depositary recei
Bank of New York Mellon — Shareholder Meeting (April 2014) on 6ix