Back to today’s briefing

Story perspectives

BNY Mellon Embraces 134 AI Workers Amid Headcount Shift

2/10/2026

30 3 Full Breakdown

Summary

Story summary

Bank of New York Mellon (BNY Mellon) uses 134 digital employees to perform repetitive tasks beside 48,100 human workers.
CFO Dermot McDonogh says the 2023 headcount decline from 53,400 is not directly linked to AI.
He adds AI unlocks capacity and supports client growth.
BNY Mellon invested $3.8 billion in technology in 2025, representing 19% of revenue.
Analysts are examining AI's impact on efficiency and returns.

1 of 1

Story summary

Bank of New York Mellon (BNY Mellon) uses 134 digital employees to perform repetitive tasks beside 48,100 human workers.
CFO Dermot McDonogh says the 2023 headcount decline from 53,400 is not directly linked to AI.
He adds AI unlocks capacity and supports client growth.
BNY Mellon invested $3.8 billion in technology in 2025, representing 19% of revenue.
Analysts are examining AI's impact on efficiency and returns.