Any numbers from Pershing? I hear only BNyM here.
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To the amazement of some, Pershing is just a business department of BNYM. As is Mellon, Dreyfus, ... Same 10% rules apply regardless.
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Pershing layoffs were same week as BNY.
The same story at Pershing, below rates and midlevel aged managers. Good luck to the remaining employees. It will continue until they can ensure the shareholders reap the rewards of owning BK stock. Layoffs - still handing out Bonuses. All the remaining sheep will follow Choo Choo Charlie..