The Bank of New York Mellon Corporation (BK) 10-K 2007 FY Annual report

Exhibit - 12.1

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

The Bank of New York Mellon Corporation

				Legacy The Bank of New York only
					Year ended Dec. 31,
(dollar amounts in millions)		2007	(a)		2006		2005		2004		2003
Earnings
Income from continuing operations before income taxes	$	3,225		$	2,170	$	1,978	$	1,840	$	1,430
Fixed charges, excluding interest on deposits		1,154			867		550		314		255
Income from continuing operations before income taxes and fixed    charges, excluding interest on deposits		4,379			3,037		2,528		2,154		1,685
Interest on deposits		2,389			1,434		839		470		423
Income from continuing operations before income taxes and fixed    charges including interest on deposits	$	6,768		$	4,471	$	3,367	$	2,624	$	2,108
Fixed charges
Interest expense, excluding interest on deposits	$	1,062		$	807	$	490	$	260	$	214
One-third net rental expense(b)		92			60		60		54		41
Total fixed charges, excluding interest on deposits		1,154			867		550		314		255
Interest on deposits		2,389			1,434		839		470		423
Total fixed charges, including interests on deposits	$	3,543		$	2,301	$	1,389	$	784	$	678
Earnings to fixed charges ratios
Excluding interest on deposits		3.79			3.50		4.60		6.86		6.61
Including interest on deposits		1.91			1.94		2.42		3.35		3.11

(a) Results for 2007 include six months of the combined Company’s results, while results prior to July 1, 2007, include legacy The Bank of New York only.

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