Exhibit 12.2

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

Mellon Financial Corporation

and its subsidiaries

	Quarter ended						Six months ended
(dollar amounts in millions)	June 30, 2006		March 31, 2006		June 30, 2005		June 30, 2006		June 30, 2005
Income from continuing operations before provision for income taxes	$	324	$	299	$	296	$	623	$	762
Fixed charges: interest expense (excluding interest on deposits), one-third of rental expense net of income from subleases and amortization of debt issuance costs		117		99		84		216		159
Total earnings (as defined), excluding interest on deposits		441		398		380		839		921
Interest on deposits		134		121		85		255		152
Total earnings (as defined)	$	575	$	519	$	465	$	1,094	$	1,073
Ratio of earnings (as defined) to fixed charges:
Excluding interest on deposits		3.77		4.02		4.55		3.88		5.80
Including interest on deposits		2.28		2.36		2.76		2.32		3.45