Company: BK-PK
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001390777-25-000084
Chunk: 2

Company: Bank of New York Mellon Corp
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 4
Chunk 2
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 or the infrastructure of third parties that results in a loss of information, delays our ability to access information or impacts our ability to provide services to our clients may materially adversely affect our business, financial condition and results of operations; •a cybersecurity incident, or a failure in our computer systems, networks and information, or those of third parties, could result in the theft, disclosure, use or alteration of information, unauthorized access to or loss of information, or system or network failures.  Any such incident or failure could adversely impact our ability to conduct our businesses, damage our reputation and cause losses; •the development and use of artificial intelligence present risks and challenges that may adversely impact our business; •we are subject to extensive government rulemaking, policies, regulation and supervision that impact our operations.  Changes to and introduction of new rules and regulations have compelled, and in the future may compel, us to change how we manage our businesses, which could have a material adverse effect on our business, financial condition and results of operations; •regulatory or enforcement actions or litigation could materially adversely affect our results of operations or harm our businesses or reputation; 

BNY 93

Forward-looking Statements (continued)

•our business may be adversely affected if we are unable to attract, retain, develop and motivate employees; •a failure or circumvention of our controls, policies and procedures could have a material adverse effect on our business, financial condition, results of operations and reputation;•weakness and volatility in financial markets and the economy generally may materially adversely affect our business, financial condition and results of operations;•we are dependent on fee-based business for a substantial majority of our revenue and our fee-based revenues could be adversely affected by slowing market activity, weak financial markets, underperformance and/or negative trends in savings rates or in investment preferences; •levels of and changes in interest rates have impacted, and will in the future continue to impact, our profitability and capital levels, at times adversely; •we have experienced, and may continue to experience, unrealized or realized losses on securities related to volatile and illiquid market conditions, reducing our capital levels and/or earnings;•the failure or perceived weakness of any of our significant clients or counterparties, many of whom are major financial institutions or sovereign entities, and our assumption of credit, counterparty and concentration risk, could expose us to credit losses and adversely affect our business; •we could incur losses if our allowance for credit losses, including loan and lending-related commitment reserves, is inadequate or if our expectations of future economic conditions deterior