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BNY Mellon to cut 1,500 jobs this year - WSJ

14 Tháng Giêng 2023
BNY Mellon to cut 1,500 jobs this year - WSJ © Reuters. The Bank of New York Mellon Corp. building at 1 Wall St. is seen in New York's financial district March 11, 2015. REUTERS/Brendan McDermid
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(Reuters) - Bank of New York Mellon (NYSE:BK) Corp is planning to cut 1,500 jobs, or around 3% of its workforce, this year, the Wall Street Journal reported on Friday, citing people familiar with the matter.

The bank did not immediately respond to a Reuters request for comment.

Separately on Friday, the bank reported a 38% drop in fourth-quarter profit to $509 million.

Banks heavily reliant on capital markets have been cutting jobs due to a slowdown in dealmaking, as the economic outlook worsens with the U.S. Federal Reserve hiking interest rates.

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02-06-2023 13:08:28 (UTC+7)

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    EUR/USD 1.0776 ↑ Buy  
    GBP/USD 1.2540 Neutral  
    USD/JPY 138.86 ↑ Sell  
    AUD/USD 0.6613 ↑ Sell  
    USD/CAD 1.3427 ↑ Sell  
    EUR/JPY 149.65 Buy  
    EUR/CHF 0.9741 Buy  
    Gold 1,996.75 ↑ Sell  
    Silver 24.040 Sell  
    Copper 3.7408 ↑ Buy  
    Crude Oil WTI 70.81 ↑ Buy  
    Brent Oil 75.05 ↑ Buy  
    Natural Gas 2.171 ↑ Sell  
    US Coffee C 183.95 Sell  
    Euro Stoxx 50 4,257.61 Neutral  
    S&P 500 4,221.02 ↑ Buy  
    DAX 15,853.66 ↑ Buy  
    FTSE 100 7,490.27 ↑ Sell  
    Hang Seng 18,930.00 ↑ Buy  
    Small Cap 2000 1,767.94 ↑ Buy  
    IBEX 35 9,167.50 Sell  
    BASF 44.850 ↑ Buy  
    Bayer 51.90 ↑ Buy  
    Allianz 204.20 ↑ Buy  
    Adidas 150.74 ↑ Buy  
    Lufthansa 9.157 ↑ Sell  
    Siemens AG 156.68 Neutral  
    Deutsche Bank AG 9.578 Neutral  
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