Exhibit 12.1

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

The Bank of New York Mellon Corporation

	Quarter ended						Six months ended
(dollar amounts in millions)	June 30, 2011		March 31, 2011		June 30, 2010		June 30, 2011		June 30, 2010
Earnings
Income from continuing operations before income taxes	$	1,034	$	949	$	1,006	$	1,983	$	1,890
Fixed charges, excluding interest on deposits		119		132		123		251		227
Income from continuing operations before income taxes and fixed charges, excluding interest on deposits		1,153		1,081		1,129		2,234		2,117
Interest on deposits		106		67		43		173		82
Income from continuing operations before income taxes and fixed charges, including interest on deposits	$	1,259	$	1,148	$	1,172	$	2,407	$	2,199
Fixed charges
Interest expense, excluding interest on deposits	$	89	$	102	$	97	$	191	$	176
One-third net rental expense (a)		30		30		26		60		51
Total fixed charges, excluding interest on deposits		119		132		123		251		227
Interest on deposits		106		67		43		173		82
Total fixed charges, including interests on deposits	$	225	$	199	$	166	$	424	$	309
Earnings to fixed charges ratios
Excluding interest on deposits		9.74		8.23		9.17		8.94		9.31
Including interest on deposits		5.61		5.78		7.06		5.69		7.11

(a) The proportion deemed representative of the interest factor.