| Business Summary | | Mellon
Financial
Corporation
is
a
global
financial
services
company
that
provides
a
comprehensive
range
of
financial
products
and
services
in
domestic
and
selected
international
markets.
Through
its
subsidiaries,
the
Company
provides
wealth
management
and
global
investment
management
for
individual
and
institutional
investors,
global
investment
services
for
businesses
and
institutions
and
a
variety
of
banking
services
for
individuals
and
small,
mid-size
and
large
businesses
and
institutions.
The
Company
has
six
core
business
sectors.
They
consist
of
Wealth
Management,
Global
Investment
Management,
Global
Investment
Services,
Regional
Consumer
Banking,
Specialized
Commercial
Banking
and
Large
Corporate
Banking. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Mellon
Financial,
a
multibank
holding
company,
provides
financial
products
and
services
in
domestic
and
international
markets.
For
the
six
months
ended
6/30/01,
interest
income
increased
2%
to
$733
million.
Net
interest
income
after
loan
loss
provision
increased
11%
to
$297
million.
Net
income
from
continuing
operations
fell
22%
to
$301
million.
Net
interest
income
reflects
higher
securities
income,
and
loan
loss
credits.
Earnings
were
offset
by
higher
staff
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Martin McGuinn, 58 Chairman
and CEO | $8.1M | $3.4M | Steve Canter Vice Chairman | -- | -- | Ronald O'Hanley Vice
Chairman | -- | -- | Steven Elliott, 54 CFO,
Sr. Vice Chairman | 5.8M | 907K | Michael Bryson, 54 Exec.
VP and Treasurer | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|