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)	2010		2009			2008		2007 (a)		2006 (b)
Earnings
Income from continuing operations before income taxes	$	3,694	$	(2,208	)	$	1,946	$	3,215	$	2,183
Fixed charges, excluding interest on deposits		519		530			1,024		1,140		867
Income from continuing operations before income taxes and fixed charges, excluding interest on deposits		4,213		(1,678	)		2,970		4,355		3,050
Interest on deposits		194		171			1,765		2,378		1,434
Income from continuing operations before income taxes and fixed charges, including interest on deposits	$	4,407	$	(1,507	)	$	4,735	$	6,733	$	4,484
Fixed charges
Interest expense, excluding interest on deposits	$	414	$	421		$	900	$	1,047	$	807
One-third net rental expense (c)		105		109			120		92		60
Total fixed charges, excluding interest on deposits		519		530			1,020		1,139		867
Interest on deposits		194		171			1,765		2,378		1,434
Total fixed charges, including interest on deposits	$	713	$	701		$	2,785	$	3,517	$	2,301
Earnings to fixed charges ratios
Excluding interest on deposits		8.11		(3.16	)		2.91		3.82		3.52
Including interest on deposits		6.18		(2.15	)		1.70		1.91		1.95

(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 include legacy The Bank of New York Company, Inc. only.

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