Exhibit 12.1

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

The Bank of New York Mellon Corporation

		Year ended Dec. 31,
(dollar amounts in millions)		2009			2008		2007	(a)		2006	(b)		2005	(b)
Earnings
Income from continuing operations before income taxes	$	(2,208	)	$	1,946	$	3,215		$	2,170		$	1,978
Fixed charges, excluding interest on deposits		530			1,024		1,140			867			550
Income from continuing operations before income taxes and fixed charges, excluding interest on deposits		(1,678	)		2,970		4,355			3,037			2,528
Interest on deposits		171			1,765		2,378			1,434			839
Income from continuing operations before income taxes and fixed charges, including interest on deposits	$	(1,507	)	$	4,735	$	6,733		$	4,471		$	3,367
Fixed charges
Interest expense, excluding interest on deposits	$	421		$	900	$	1,047		$	807		$	490
One-third net rental expense(c)		109			120		92			60			60
Total fixed charges, excluding interest on deposits		530			1,020		1,139			867			550
Interest on deposits		171			1,765		2,378			1,434			839
Total fixed charges, including interests on deposits	$	701		$	2,785	$	3,517		$	2,301		$	1,389
Earnings to fixed charges ratios
Excluding interest on deposits		(3.16	)		2.91		3.82			3.50			4.60
Including interest on deposits		(2.15	)		1.70		1.91			1.94			2.42

(a) Results for 2007 include six months of BNY Mellon and six months of legacy The Bank of New York Company, Inc.

(b) Results for 2006 and 2005 include legacy The Bank of New York Company, Inc. only.

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