CEO Robert Kelly

BOSTON/NEW YORK (Reuters) - Bank of New York Mellon's <BK.N> Chief Executive Robert Kelly stepped down in a surprise move, because of what the company said was "differences in approach to managing the company."BNY Mellon, one of the largest trust and custody banks, did not elaborate on why Kelly, 57, was stepping down. The bank did say the decision was a mutual agreement with the bank's board. A biography still posted on BNY Mellon's website noted that Kelly "was named one of America's Best CEO's...Read Full Story

BANGALORE (Reuters) - Bank of New York Mellon Corp <BK.N> said Robert Kelly, who has held the company's top job since 2008, has stepped down as chairman and chief executive officer, following differences in approach to managing the company.The company, one of the world's largest custody banks, said it named board member Gerald Hassell as chairman and CEO, effective immediately.Kelly's resignation was by "mutual agreement" with the board, BNY Mellon said in a statement.Kelly, who served as CEO of...Read Full Story

Bank of America’s Troubled Asset Relief Program (TARP) repayment may already be paying off in the bank’s search for a new chief, as a Bloomberg source claimed today that Bank of New York Mellon CEO Robert Kelly might be reconsidering the CEO position he declined back in November. Pay Caps Lifted Now that Bank of America has paid off its TARP loans, it is no longer subject to salary restrictions by pay czar Kenneth Feinberg. This was in part the reason why the bank was so anxious to repay the...Read Full Story

BNY Mellon CEO vows not to be coerced on forexReuters... in two separate lawsuits seeking more than $2 billion, the Manhattan US attorney and New York attorney general said BNY Mellon had misled clients about the method for determining rates it used fo...BNY Mellon CEO vows not to be coerced on forex – Reuters is a post from: Currency Market News Currency Market News is a post from Forex MansionRead Full Story

After a great deal of speculation over the potential appointment of Bank of New York CEO Robert Kelly to the soon-vacant Bank of America CEO post, the rumor were squashed yesterday when Kelly declined the position. Bank of America Branch NY The CEO Search Continues Bank of America has been searching for a replacement CEO for months now, since current chief Ken Lewis announced his plans to retire at the end of this year back in October. The bank has found it difficult to attract a...Read Full Story

Live! From the White House: Interview with Bank of New York Mellon CEO Robert Kelly (Bloomberg News)Read Full Story

Aug 31 (Reuters) - Bank of New York Mellon Corp said Robert Kelly, who has held the company’s top job since 2008, has stepped down as chairman and chief executive officer, following differences in approach to managing the company. The company, one of the world’s largest custody banks, said it named board member Gerald Hassell as chairman [...]Read Full Story

Linked from http://www.marketwatch.com/news/story/street-darling-kelly-lead-combined/story.aspx?guid=%7B779BEC72-C647-4EAC-97B5-6AFE17FCF4F7%7D --- Robert Kelly, the executive selected to lead the new financial-services powerhouse to be created by the merger of Bank of New York Co. and Mellon Financial Corp., brings to the job a solid reputation for integrating big acquisitions and articulating strategy to Wall Street and investors.Read Full Story

Live! From the White House: Interview with Bank of New York Mellon CEO Robert Kelly (Bloomberg News)Read Full Story

Big acquisition in the works... --- Linked from http://www.finextra.com/fullstory.asp?id=16231 --- The Bank of New York (BoNY) has entered into a definitive agreement to merge with Pittsburgh-based Mellon Financial in an all stock deal worth around $16.5 billion that will create the world's largest securities servicing and asset management firm.Read Full Story