Exhibit - 12.2

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

Mellon Financial Corporation (and its subsidiaries) (dollar amounts in millions)	Year ended Dec. 31,
	2005		2004		2003		2002		2001
1.      Income from continuing operations before impact of accounting change	$	912	$	807	$	734	$	664	$	435
2.      Provision for income taxes		433		362		338		319		240
3.      Income from continuing operations before provision for income taxes and impact of accounting change (line 1 + line 2)	$	1,345	$	1,169	$	1,072	$	983	$	675
4.      Fixed charges:
a.      Interest expense (excluding interest on deposits)	$	305	$	231	$	233	$	274	$	393
b.      One-third of rental expense net of income from subleases and amortization of debt issuance costs		41		37		42		36		37
c.      Total fixed charges (excluding interest on deposits) (line 4a + line 4b)		346		268		275		310		430
d.      Interest on deposits		369		153		125		156		428
e.      Total fixed charges (line 4c + line 4d)	$	715	$	421	$	400	$	466	$	858
5.      Income from continuing operations before provision for income taxes and impact of accounting change, plus total fixed charges:
a.      Excluding interest on deposits (line 3 + line 4c)	$	1,691	$	1,437	$	1,347	$	1,293	$	1,105
b.      Including interest on deposits (line 3 + line 4e)	$	2,060	$	1,590	$	1,472	$	1,449	$	1,533
6.      Ratio of earnings (as defined) to combined fixed charges:
a.      Excluding interest on deposits (line 5a divided by line 4c)		4.89		5.37		4.88		4.16		2.57
b.      Including interest on deposits (line 5b divided by line 4e)		2.88		3.78		3.68		3.11		1.79