Gerald L. Hassell

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  BNY Mellon Profits Drop, but Pershing Clearing Helps Offset Losses

  By Joyce Hanson, AdvisorOne  |  April 17, 2013

  Pershing's clearing services revenue helped offset the Bank of New York Mellon's Q1 losses stemming from a foreign tax credit fight.

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  BNY Mellon Boosts Profits 23%: Q4 Earnings

  By Janet Levaux, AdvisorOne  |  January 16, 2013

  Clearing fees at Pershing unit rise to $294 million in the period and nearly $1.2 billion for 2012

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  Q4 Earnings: BNY Mellon Profits Drop 25%; Pershing Flat

  By Joyce Hanson, AdvisorOne  |  January 18, 2012

  BNY Mellon’s Q4 profits totaled $0.42 per share compared with $0.54 per share in the fourth quarter of 2010. Analysts had anticipated EPS of $0.52 in Q4.

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  BNY Mellon Pushes Out CEO Kelly

  By Marlene Y. Satter, AdvisorOne  |  September 1, 2011

  Bank of New York Mellon delivered surprise news late Wednesday with the announcement that Chairman and CEO Robert P. Kelly has left after reported disagreements over the way he has run the company.