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  "documentTitle": "The Bank of New York Mellon (BK)",
  "authorId": "07_Marcato",
  "authorName": "Marcato Capital Management",
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  "presentationDate": "2015-03-01 00:00:00",
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  "notes": "The chart highlights BK's outlier status in headcount management compared to peers like Bank of America, which shows a significant reduction.",
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      "text": "While macroeconomic factors and regulatory compliance have pressured headcount and costs for all G-SIB banks, BK has responded least forcefully to headcount",
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      "text": "Indexed Headcount trajectory for 6 banks",
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      "text": "Source: Company filings. (1) CIB represents JP Morgan's Corporate and Investment Bank, which includes the results of Investment Banking and Treasury & Securities Services segments",
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      "text": "Relative Headcount Trajectory",
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