Exhibit 12.2

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Mellon Financial Corporation and its subsidiaries)

Mellon Financial Corporation

    (and its subsidiaries)

	Quarter ended						Nine months ended
(dollar amounts in millions)	Sept. 30, 2005		June 30, 2005		Sept. 30, 2004		Sept. 30, 2005		Sept. 30, 2004
Income from continuing operations before provision for income taxes	$	274	$	296	$	252	$	1,036	$	882
Fixed charges: interest expense (excluding interest on deposits), one-third of rental expense net of income from subleases and amortization of debt issuance costs		91		84		68		250		200
Total earnings (as defined), excluding interest on deposits		365		380		320		1,286		1,082
Interest on deposits		100		85		39		252		99
Total earnings (as defined)	$	465	$	465	$	359	$	1,538	$	1,181
Ratio of earnings (as defined) to fixed charges:
Excluding interest on deposits		4.00		4.55		4.71		5.14		5.41
Including interest on deposits		2.44		2.76		3.39		3.07		3.96