Exhibit 12.1

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

The Bank of New York Mellon Corporation

	Quarter Ended
(dollar amounts in millions)		March 31, 2009		March 31, 2008
Earnings
Income from continuing operations before income taxes	$	507	$	1,110
Fixed charges, excluding interest on deposits		158		303
Income from continuing operations before income taxes and fixed charges, excluding interest on deposits		665		1,413
Interest on deposits		77		615
Income from continuing operations before income taxes and fixed charges including interest on deposits	$	742	$	2,028
Fixed charges
Interest expense, excluding interest on deposits	$	129	$	274
One-third net rental expense (a)		29		29
Total fixed charges, excluding interest on deposits		158		303
Interest on deposits		77		615
Total fixed charges, including interests on deposits	$	235	$	918
Earnings to fixed charges ratios
Excluding interest on deposits		4.21		4.66
Including interest on deposits		3.16		2.21

(a) The proportion deemed representative of the interest factor.