Exhibit 12.2

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

Mellon Financial Corporation

and its subsidiaries

	Quarter ended						Nine months ended
(dollar amounts in millions)	Sept. 30, 2006		June 30, 2006		Sept. 30, 2005		Sept. 30, 2006		Sept. 30, 2005
Income from continuing operations before provision for income taxes	$	325	$	325	$	272	$	946	$	1,034
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		109		84		290		232
Total earnings (as defined), excluding interest on deposits		416		434		356		1,236		1,266
Interest on deposits		194		134		99		449		254
Total earnings (as defined)	$	610	$	568	$	455	$	1,685	$	1,520
Ratio of earnings (as defined) to fixed charges:
Excluding interest on deposits		4.53		4.01		4.23		4.26		5.47
Including interest on deposits		2.14		2.34		2.48		2.28		3.13