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Bank of New York Mellon Corp – ‘10-K’ for 12/31/17 – ‘EX-101.LAB’

On:  Wednesday, 2/28/18, at 6:30am ET   ·   For:  12/31/17   ·   Accession #:  1390777-18-69   ·   File #:  1-35651

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  As Of               Filer                 Filing    For·On·As Docs:Size

 2/28/18  Bank of New York Mellon Corp      10-K       12/31/17  169:42M

Annual Report   —   Form 10-K   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML    265K 
 3: EX-13.1     All Portions of 2017 Annual Report to Shareholders  HTML   3.65M 
 4: EX-21.1     Primary Subsidiaries of the Company                 HTML     57K 
 5: EX-23.1     Consent of Kpmg LLP                                 HTML     49K 
 6: EX-24.1     Power of Attorney                                   HTML     53K 
 2: EX-12.1     Computation of Ratio of Earnings to Combined Fixed  HTML     69K 
                Charges and Preferred Stock D                                    
 7: EX-31.1     Section 302 CEO Certification                       HTML     51K 
 8: EX-31.2     Section 302 CFO Certification                       HTML     51K 
 9: EX-32.1     Section 906 CEO Certification                       HTML     45K 
10: EX-32.2     Section 906 CFO Certification                       HTML     46K 
17: R1          Document and Entity Information                     HTML     73K 
18: R2          Consolidated Income Statement                       HTML    188K 
19: R3          Consolidated Income Statement (Parenthetical)       HTML     55K 
20: R4          Consolidated Comprehensive Income Statement         HTML     95K 
21: R5          Consolidated Comprehensive Income Statement         HTML     47K 
                (Parenthetical)                                                  
22: R6          Consolidated Balance Sheet                          HTML    185K 
23: R7          Consolidated Balance Sheet (Parenthetical)          HTML     71K 
24: R8          Consolidated Statement of Cash Flows                HTML    189K 
25: R9          Consolidated Statement of Changes in Equity         HTML    135K 
26: R10         Consolidated Statement of Changes in Equity         HTML     50K 
                (Parenthetical)                                                  
27: R11         Summary of significant accounting and reporting     HTML    139K 
                policies                                                         
28: R12         Accounting change and new accounting guidance       HTML     51K 
29: R13         Acquisitions                                        HTML     52K 
30: R14         Securities                                          HTML    617K 
31: R15         Loans and asset quality                             HTML    510K 
32: R16         Goodwill and intangible assets                      HTML    159K 
33: R17         Other assets                                        HTML     96K 
34: R18         Deposits                                            HTML     49K 
35: R19         Net interest revenue                                HTML     86K 
36: R20         Income taxes                                        HTML    142K 
37: R21         Long-Term Debt                                      HTML     67K 
38: R22         Variable interest entities and securitization       HTML    112K 
39: R23         Shareholders' equity                                HTML    160K 
40: R24         Other comprehensive income (Loss)                   HTML    176K 
41: R25         Stock-based compensation                            HTML    113K 
42: R26         Employee benefit plans                              HTML    566K 
43: R27         Company Financial Information (Parent Corporation)  HTML    176K 
44: R28         Fair value measurement                              HTML    724K 
45: R29         Fair value option                                   HTML     76K 
46: R30         Commitments and contingent liabilities              HTML    130K 
47: R31         Derivative instruments                              HTML    459K 
48: R32         Lines of business                                   HTML    168K 
49: R33         International Operations                            HTML    103K 
50: R34         Supplemental information to the Consolidated        HTML     65K 
                Statement of Cash Flows                                          
51: R35         Summary of significant accounting and reporting     HTML    247K 
                policies (Policies)                                              
52: R36         Summary of significant accounting and reporting     HTML     51K 
                policies (Tables)                                                
53: R37         Securities (Tables)                                 HTML    613K 
54: R38         Loans and asset quality (Tables)                    HTML    506K 
55: R39         Goodwill and intangible assets (Tables)             HTML    157K 
56: R40         Other assets (Tables)                               HTML     91K 
57: R41         Net interest revenue (Tables)                       HTML     86K 
58: R42         Income taxes (Tables)                               HTML    144K 
59: R43         Long-Term Debt (Tables)                             HTML     68K 
60: R44         Variable interest entities and securitization       HTML    113K 
                (Tables)                                                         
61: R45         Shareholders' equity (Tables)                       HTML    146K 
62: R46         Other comprehensive income (Loss) (Tables)          HTML    176K 
63: R47         Stock-based compensation (Tables)                   HTML    103K 
64: R48         Employee benefit plans (Tables)                     HTML    557K 
65: R49         Company Financial Information (Parent Corporation)  HTML    162K 
                (Tables)                                                         
66: R50         Fair value measurement (Tables)                     HTML    712K 
67: R51         Fair value option (Tables)                          HTML     79K 
68: R52         Commitments and contingent liabilities (Tables)     HTML     95K 
69: R53         Derivative instruments (Tables)                     HTML    455K 
70: R54         Lines of business (Tables)                          HTML    150K 
71: R55         International Operations (Tables)                   HTML    101K 
72: R56         Supplemental information to the Consolidated        HTML     64K 
                Statement of Cash Flows (Tables)                                 
73: R57         Summary of significant accounting and reporting     HTML     81K 
                policies - Additional Information (Details)                      
74: R58         Summary of significant accounting and reporting     HTML     57K 
                policies - Equity Method Investments (Details)                   
75: R59         Accounting change and new accounting guidance       HTML     57K 
                (Details)                                                        
76: R60         Acquisitions (Details)                              HTML     86K 
77: R61         Securities - Amortized Cost, Gross Unrealized       HTML    148K 
                Gains and Losses and Fair Value (Detail)                         
78: R62         Securities - Net Securities Gains (Losses)          HTML     52K 
                (Detail)                                                         
79: R63         Securities - Fair Value of Investments with         HTML    165K 
                Continuous Unrealized Loss Position (Detail)                     
80: R64         Securities - Maturity Distribution and Yield of     HTML    157K 
                Investment Securities Portfolio (Detail)                         
81: R65         Securities - Projected Weighted-Average Default     HTML     55K 
                Rates and Loss Severities (Detail)                               
82: R66         Securities - Pre-Tax Net Securities Gains (Losses)  HTML     58K 
                by Type (Detail)                                                 
83: R67         Securities - Debt Securities Credit Losses Roll     HTML     55K 
                Forward Recorded in Earnings (Detail)                            
84: R68         Securities - Pledged assets (Details)               HTML     71K 
85: R69         Securities - Narrative (Details)                    HTML     54K 
86: R70         Loans and asset quality - Loan Distribution and     HTML     92K 
                Industry Concentrations (Detail)                                 
87: R71         Loans and asset quality - Allowance for Credit      HTML    164K 
                Losses Activity (Details)                                        
88: R72         Loans and asset quality - Nonperforming Assets      HTML     60K 
                (Detail)                                                         
89: R73         Loans and asset quality - Lost Interest (Detail)    HTML     52K 
90: R74         Loans and asset quality - Information about         HTML    102K 
                Impaired Loans (Detail)                                          
91: R75         Loans and asset quality - Information about Past    HTML     77K 
                Due Loans (Detail)                                               
92: R76         Loans and asset quality - Troubled Debt             HTML     64K 
                Restructurings (Detail)                                          
93: R77         Loans and asset quality - Credit Risk Profile by    HTML     71K 
                Grade (Detail)                                                   
94: R78         Loans and asset quality - Additional Information    HTML    106K 
                (Details)                                                        
95: R79         Goodwill and intangible assets - Goodwill (Detail)  HTML     72K 
96: R80         Goodwill and intangible assets - Intangible Assets  HTML     68K 
                by Business Segment (Detail)                                     
97: R81         Goodwill and intangible assets - Intangible Assets  HTML     79K 
                by Type (Detail)                                                 
98: R82         Goodwill and intangible assets - Estimated Annual   HTML     56K 
                Amortization Expense (Detail)                                    
99: R83         Other assets - Components of Other Assets (Detail)  HTML     83K 
100: R84         Other assets - Qualified Affordable Housing         HTML     65K  
                Project Investments (Details)                                    
101: R85         Other assets - Seed Capital and Private Equity      HTML     63K  
                Investments (Detail)                                             
102: R86         Deposits (Detail)                                   HTML     61K  
103: R87         Net interest revenue (Details)                      HTML     99K  
104: R88         Income taxes - Narrative (Detail)                   HTML     73K  
105: R89         Income taxes - Provision (Benefit) for Income       HTML     72K  
                Taxes from Continuing Operations (Detail)                        
106: R90         Income taxes Income taxes - Provisional Tax         HTML     52K  
                Expense (Benefit) (Details)                                      
107: R91         Income taxes - Components of Income (Loss) before   HTML     51K  
                Taxes (Detail)                                                   
108: R92         Income taxes - Components of Net Deferred Tax       HTML     79K  
                Liability (Detail)                                               
109: R93         Income taxes Income taxes - Reconciliation of       HTML     74K  
                Effective Tax Rate (Detail)                                      
110: R94         Income taxes - Unrecognized Tax Positions (Detail)  HTML     60K  
111: R95         Long-Term Debt - Schedule of Long-term Debt         HTML     67K  
                (Detail)                                                         
112: R96         Long-Term Debt - Additional Information (Detail)    HTML     59K  
113: R97         Variable interest entities and securitization -     HTML     80K  
                Assets and Liabilities of VIEs (Detail)                          
114: R98         Variable interest entities and securitization -     HTML     57K  
                Non-consolidated VIEs (Detail)                                   
115: R99         Shareholders' equity - Narrative (Details)          HTML     92K  
116: R100        Shareholders' equity - Preferred Stock Summary      HTML     88K  
                (Details)                                                        
117: R101        Shareholders' equity - Capital adequacy (Details)   HTML    125K  
118: R102        Other comprehensive income (loss) - Components      HTML    109K  
                (Details)                                                        
119: R103        Other comprehensive income (loss) - Changes in      HTML     74K  
                AOCI (Details)                                                   
120: R104        Stock-based compensation - Additional Information   HTML    102K  
                (Detail)                                                         
121: R105        Stock-based compensation - Summary of Stock Option  HTML     88K  
                Activity (Detail)                                                
122: R106        Stock-based compensation - Stock Options            HTML     80K  
                Outstanding (Detail)                                             
123: R107        Stock-based compensation - Aggregate Intrinsic      HTML     49K  
                Value of Options (Detail)                                        
124: R108        Stock-based compensation - Nonvested Restricted     HTML     69K  
                Stock and Restricted Stock Units Activity (Detail)               
125: R109        Employee Benefit Plans - Combined Data for Defined  HTML    129K  
                Benefit Pension and Post Retirement Healthcare                   
                Plans (Detail)                                                   
126: R110        Employee Benefit Plans - Net Periodic Benefit       HTML    101K  
                (Credit) Cost (Details)                                          
127: R111        Employee Benefit Plans - Changes in Other           HTML     71K  
                Comprehensive Income (Loss) (Details)                            
128: R112        Employee Benefit Plans - Amounts Expected to be     HTML     57K  
                Recognized in Net Periodic Benefit Income (Cost)                 
                (Details)                                                        
129: R113        Employee Benefit Plans - Defined Benefit Plan       HTML     60K  
                Funded Status of Plan (Details)                                  
130: R114        Employee Benefit Plans - Plans with Obligations in  HTML     56K  
                Excess of Plan Assets (Details)                                  
131: R115        Employee Benefit Plans - Benefit Payments and       HTML     72K  
                Expected to be Paid (Details)                                    
132: R116        Employee Benefit Plans - Pension Investment Asset   HTML     70K  
                Allocation (Detail)                                              
133: R117        Employee Benefit Plans - Pension Plan Investment    HTML    169K  
                Assets on Recurring Basis (Detail)                               
134: R118        Employee Benefit Plans - Rollforward of Plan        HTML     66K  
                Investment Assets (Detail)                                       
135: R119        Employee Benefit Plans - Pension Plan Assets        HTML     78K  
                Valued Using Net Asset Value (Detail)                            
136: R120        Employee Benefit Plans - Additional Information     HTML    121K  
                (Detail)                                                         
137: R121        Company Financial Information (Parent Corporation)  HTML     88K  
                - Income Statement (Details)                                     
138: R122        Company Financial Information (Parent Corporation)  HTML     90K  
                - Balance Sheet (Details)                                        
139: R123        Company Financial Information (Parent Corporation)  HTML    126K  
                - Cash Flows (Details)                                           
140: R124        Company Financial Information (Parent Corporation)  HTML     83K  
                - Additional Information (Details)                               
141: R125        Fair value measurement - Narrative (Details)        HTML     54K  
142: R126        Fair value measurement - Assets and Liabilities on  HTML    311K  
                Recurring Basis (Details)                                        
143: R127        Fair value measurement - Certain Items on           HTML    216K  
                Recurring Basis (Details)                                        
144: R128        Fair value measurement - Assets Using Significant   HTML     63K  
                Unobservable Inputs (Details)                                    
145: R129        Fair value measurement - Assets on Nonrecurring     HTML     63K  
                Basis (Details)                                                  
146: R130        Fair value measurement - Financial Instruments      HTML    112K  
                (Details)                                                        
147: R131        Fair value measurement - Derivatives (Details)      HTML     55K  
148: R132        Fair value option - Assets and Liabilities          HTML     59K  
                (Detail)                                                         
149: R133        Fair value option - Changes in Fair Value of Loans  HTML     53K  
                (Details)                                                        
150: R134        Fair value option - Narrative (Details)             HTML     49K  
151: R135        Commitments and contingent liabilities - Summary    HTML     62K  
                of Off-Balance Sheet Credit Risks, Net of                        
                Participations (Details)                                         
152: R136        Commitments and contingent liabilities - Standby    HTML     50K  
                Letters of Credits by Investment Grade (Details)                 
153: R137        Commitments and contingent liabilities -            HTML     84K  
                Significant Industry Concentrations Related to                   
                Credit Exposure (Details)                                        
154: R138        Commitments and contingent liabilities - Narrative  HTML    112K  
                (Details)                                                        
155: R139        Derivative instruments - Narrative (Details)        HTML     88K  
156: R140        Derivative instruments - Ineffectiveness Recorded   HTML     56K  
                in Income (Details)                                              
157: R141        Derivative instruments - Impact of Derivative       HTML     95K  
                Instruments on the Balance Sheet (Details)                       
158: R142        Derivative instruments - Impact of Derivative       HTML     90K  
                Instruments in the Income Statement (Details)                    
159: R143        Derivative instruments - Revenue from Foreign       HTML     53K  
                Exchange and Other Trading (Details)                             
160: R144        Derivative instruments - Contracts Falling under    HTML     55K  
                Early Termination Provisions (Details)                           
161: R145        Derivative instruments - Offsetting (Details)       HTML    234K  
162: R146        Derivative instruments - Secured Borrowings         HTML    102K  
                (Details)                                                        
163: R147        Lines of business - Narrative (Details)             HTML     52K  
164: R148        Lines of business - Contribution of Segments to     HTML     97K  
                Overall Profitability (Details)                                  
165: R149        International Operations (Details)                  HTML     80K  
166: R150        Supplemental information to the Consolidated        HTML     65K  
                Statement of Cash Flows (Detail)                                 
168: XML         IDEA XML File -- Filing Summary                      XML    318K  
167: EXCEL       IDEA Workbook of Financial Reports                  XLSX    283K  
11: EX-101.INS  XBRL Instance -- bk-20171231                         XML  16.45M 
13: EX-101.CAL  XBRL Calculations -- bk-20171231_cal                 XML    693K 
14: EX-101.DEF  XBRL Definitions -- bk-20171231_def                  XML   2.32M 
15: EX-101.LAB  XBRL Labels -- bk-20171231_lab                       XML   4.80M 
16: EX-101.PRE  XBRL Presentations -- bk-20171231_pre                XML   3.13M 
12: EX-101.SCH  XBRL Schema -- bk-20171231                           XSD    503K 
169: ZIP         XBRL Zipped Folder -- 0001390777-18-000069-xbrl      Zip    942K

‘EX-101.LAB’   —   XBRL Labels — bk-20171231_lab

This Exhibit is an XBRL XML File.

                                                                                                                                                                                
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<link:label id="lab_us-gaap_CurrentIncomeTaxExpenseBenefit_0CF3048B9C3032A64B65CA05BA425CE3_totalLabel_en-US" xlink:label="lab_us-gaap_CurrentIncomeTaxExpenseBenefit_0CF3048B9C3032A64B65CA05BA425CE3" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total current tax expense </link:label>
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<link:label id="lab_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_E9E7DA5CA27B3B5BA856CA05BA422CB2_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_E9E7DA5CA27B3B5BA856CA05BA422CB2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Federal </link:label>
<link:label id="lab_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_E9E7DA5CA27B3B5BA856CA05BA422CB2_label_en-US" xlink:label="lab_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_E9E7DA5CA27B3B5BA856CA05BA422CB2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred Federal Income Tax Expense (Benefit) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredFederalIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_E9E7DA5CA27B3B5BA856CA05BA422CB2" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_067F59753A059FF20768CA05BA42EBFD_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_067F59753A059FF20768CA05BA42EBFD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredForeignIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_067F59753A059FF20768CA05BA42EBFD" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_E4197294F4FD8EBB46D7CA05BA42CFA9_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_E4197294F4FD8EBB46D7CA05BA42CFA9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> State and local </link:label>
<link:label id="lab_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_E4197294F4FD8EBB46D7CA05BA42CFA9_label_en-US" xlink:label="lab_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_E4197294F4FD8EBB46D7CA05BA42CFA9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred State and Local Income Tax Expense (Benefit) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_E4197294F4FD8EBB46D7CA05BA42CFA9" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_0ABBAC6587457A3AB6BACA05BA426F64_totalLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_0ABBAC6587457A3AB6BACA05BA426F64" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total deferred tax expense (benefits) </link:label>
<link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_0ABBAC6587457A3AB6BACA05BA426F64_label_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_0ABBAC6587457A3AB6BACA05BA426F64" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred Income Tax Expense (Benefit) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_0ABBAC6587457A3AB6BACA05BA426F64" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_76A43089664455118351CA05BA42239E_totalLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_76A43089664455118351CA05BA42239E" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Provision for income taxes </link:label>
<link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_76A43089664455118351CA05BA42239E_label_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_76A43089664455118351CA05BA42239E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Tax Expense (Benefit) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_76A43089664455118351CA05BA42239E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ReceivablesAbstract_18770C1BB347CFEE44F8CA05BA93067D_label_en-US" xlink:label="lab_us-gaap_ReceivablesAbstract_18770C1BB347CFEE44F8CA05BA93067D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Receivables [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ReceivablesAbstract" xlink:label="loc_us-gaap_ReceivablesAbstract_18770C1BB347CFEE44F8CA05BA93067D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfFinancingReceivableTroubledDebtRestructuringsTable_CCAB9F8053E70CA32C63CA05BA94DD1C_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfFinancingReceivableTroubledDebtRestructuringsTable_CCAB9F8053E70CA32C63CA05BA94DD1C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Financing Receivable, Troubled Debt Restructurings [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfFinancingReceivableTroubledDebtRestructuringsTable_CCAB9F8053E70CA32C63CA05BA94DD1C_label_en-US" xlink:label="lab_us-gaap_ScheduleOfFinancingReceivableTroubledDebtRestructuringsTable_CCAB9F8053E70CA32C63CA05BA94DD1C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Financing Receivable, Troubled Debt Restructurings [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfFinancingReceivableTroubledDebtRestructuringsTable" xlink:label="loc_us-gaap_ScheduleOfFinancingReceivableTroubledDebtRestructuringsTable_CCAB9F8053E70CA32C63CA05BA94DD1C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ProductOrServiceAxis_128F9A61224D7FA22350CA05BA941491_label_en-US" xlink:label="lab_us-gaap_ProductOrServiceAxis_128F9A61224D7FA22350CA05BA941491" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Products and Services [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProductOrServiceAxis" xlink:label="loc_us-gaap_ProductOrServiceAxis_128F9A61224D7FA22350CA05BA941491" xlink:type="locator"/>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="loc_us-gaap_ProductsAndServicesDomain_62E9CC6FB2B021F1E169CA05BA949CAA" xlink:type="locator"/>
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<link:label id="lab_bk_DomesticMember_1B65B5EB1BA39678067CCA05BA949EDD_terseLabel_en-US" xlink:label="lab_bk_DomesticMember_1B65B5EB1BA39678067CCA05BA949EDD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Domestic </link:label>
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<link:loc xlink:href="bk-20171231.xsd#bk_DomesticMember" xlink:label="loc_bk_DomesticMember_1B65B5EB1BA39678067CCA05BA949EDD" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ResidentialPortfolioSegmentMember_5D7169A26C76F3DC185ECA05BA9440ED_terseLabel_en-US" xlink:label="lab_us-gaap_ResidentialPortfolioSegmentMember_5D7169A26C76F3DC185ECA05BA9440ED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other residential mortgages </link:label>
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<link:label id="lab_us-gaap_InterestAndDividendIncomeSecurities_5FB7C65AC6D6A3119A14CA05BA52CD9A_label_en-US" xlink:label="lab_us-gaap_InterestAndDividendIncomeSecurities_5FB7C65AC6D6A3119A14CA05BA52CD9A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest and Dividend Income, Securities, Operating </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestAndDividendIncomeSecurities" xlink:label="loc_us-gaap_InterestAndDividendIncomeSecurities_5FB7C65AC6D6A3119A14CA05BA52CD9A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestAndDividendIncomeSecurities_5FB7C65AC6D6A3119A14CA05BA52CD9A" xlink:to="lab_us-gaap_InterestAndDividendIncomeSecurities_5FB7C65AC6D6A3119A14CA05BA52CD9A" xlink:type="arc"/>
<link:label id="lab_us-gaap_InterestIncomeDepositsWithFinancialInstitutions_A8210B849E207A2A2B0ACA05BA52B456_terseLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeDepositsWithFinancialInstitutions_A8210B849E207A2A2B0ACA05BA52B456" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deposits with banks </link:label>
<link:label id="lab_us-gaap_InterestIncomeDepositsWithFinancialInstitutions_A8210B849E207A2A2B0ACA05BA52B456_label_en-US" xlink:label="lab_us-gaap_InterestIncomeDepositsWithFinancialInstitutions_A8210B849E207A2A2B0ACA05BA52B456" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Income, Deposits with Financial Institutions </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestIncomeDepositsWithFinancialInstitutions" xlink:label="loc_us-gaap_InterestIncomeDepositsWithFinancialInstitutions_A8210B849E207A2A2B0ACA05BA52B456" xlink:type="locator"/>
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<link:label id="lab_bk_InterestIncomeDepositsWithFederalReserveAndOtherCentralBanks_AC08D7EB77549A41FD83CA05BA523341_terseLabel_en-US" xlink:label="lab_bk_InterestIncomeDepositsWithFederalReserveAndOtherCentralBanks_AC08D7EB77549A41FD83CA05BA523341" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deposits with the Federal Reserve and other central banks </link:label>
<link:label id="lab_bk_InterestIncomeDepositsWithFederalReserveAndOtherCentralBanks_AC08D7EB77549A41FD83CA05BA523341_label_en-US" xlink:label="lab_bk_InterestIncomeDepositsWithFederalReserveAndOtherCentralBanks_AC08D7EB77549A41FD83CA05BA523341" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Income Deposits With Federal Reserve And Other Central Banks </link:label>
<link:label id="lab_bk_InterestIncomeDepositsWithFederalReserveAndOtherCentralBanks_AC08D7EB77549A41FD83CA05BA523341_documentation_en-US" xlink:label="lab_bk_InterestIncomeDepositsWithFederalReserveAndOtherCentralBanks_AC08D7EB77549A41FD83CA05BA523341" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Interest income derived from funds deposited with the Federal Reserve and other central banks. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_InterestIncomeDepositsWithFederalReserveAndOtherCentralBanks" xlink:label="loc_bk_InterestIncomeDepositsWithFederalReserveAndOtherCentralBanks_AC08D7EB77549A41FD83CA05BA523341" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell_D3CDC30D251397F196DECA05BA5212F7_terseLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell_D3CDC30D251397F196DECA05BA5212F7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Federal funds sold and securities purchased under resale agreements </link:label>
<link:label id="lab_us-gaap_InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell_D3CDC30D251397F196DECA05BA5212F7_label_en-US" xlink:label="lab_us-gaap_InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell_D3CDC30D251397F196DECA05BA5212F7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Income, Federal Funds Sold and Securities Purchased under Agreements to Resell </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell" xlink:label="loc_us-gaap_InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell_D3CDC30D251397F196DECA05BA5212F7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell_D3CDC30D251397F196DECA05BA5212F7" xlink:to="lab_us-gaap_InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell_D3CDC30D251397F196DECA05BA5212F7" xlink:type="arc"/>
<link:label id="lab_us-gaap_InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue_D17614A297611052C57ACA05BA527604_terseLabel_en-US" xlink:label="lab_us-gaap_InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue_D17614A297611052C57ACA05BA527604" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trading assets </link:label>
<link:label id="lab_us-gaap_InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue_D17614A297611052C57ACA05BA527604_label_en-US" xlink:label="lab_us-gaap_InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue_D17614A297611052C57ACA05BA527604" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest and Dividend Income, Securities, Operating, Trading or Measured at Fair Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue" xlink:label="loc_us-gaap_InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue_D17614A297611052C57ACA05BA527604" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue_D17614A297611052C57ACA05BA527604" xlink:to="lab_us-gaap_InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue_D17614A297611052C57ACA05BA527604" xlink:type="arc"/>
<link:label id="lab_us-gaap_InterestAndDividendIncomeOperating_48DB5FA9F8DDC3FB48BECA05BA5207CD_totalLabel_en-US" xlink:label="lab_us-gaap_InterestAndDividendIncomeOperating_48DB5FA9F8DDC3FB48BECA05BA5207CD" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total interest revenue </link:label>
<link:label id="lab_us-gaap_InterestAndDividendIncomeOperating_48DB5FA9F8DDC3FB48BECA05BA5207CD_label_en-US" xlink:label="lab_us-gaap_InterestAndDividendIncomeOperating_48DB5FA9F8DDC3FB48BECA05BA5207CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest and Dividend Income, Operating </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestAndDividendIncomeOperating" xlink:label="loc_us-gaap_InterestAndDividendIncomeOperating_48DB5FA9F8DDC3FB48BECA05BA5207CD" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestExpenseAbstract_E4C6E552E6D98DBAADB7CA05BA5204A3_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseAbstract_E4C6E552E6D98DBAADB7CA05BA5204A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest expense </link:label>
<link:label id="lab_us-gaap_InterestExpenseAbstract_E4C6E552E6D98DBAADB7CA05BA5204A3_label_en-US" xlink:label="lab_us-gaap_InterestExpenseAbstract_E4C6E552E6D98DBAADB7CA05BA5204A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Expense [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestExpenseAbstract" xlink:label="loc_us-gaap_InterestExpenseAbstract_E4C6E552E6D98DBAADB7CA05BA5204A3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpenseAbstract_E4C6E552E6D98DBAADB7CA05BA5204A3" xlink:to="lab_us-gaap_InterestExpenseAbstract_E4C6E552E6D98DBAADB7CA05BA5204A3" xlink:type="arc"/>
<link:label id="lab_us-gaap_InterestExpenseDomesticDeposits_74259EE0D02DDEC70D56CA05BA522D69_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseDomesticDeposits_74259EE0D02DDEC70D56CA05BA522D69" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deposits in domestic offices </link:label>
<link:label id="lab_us-gaap_InterestExpenseDomesticDeposits_74259EE0D02DDEC70D56CA05BA522D69_label_en-US" xlink:label="lab_us-gaap_InterestExpenseDomesticDeposits_74259EE0D02DDEC70D56CA05BA522D69" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Expense, Domestic Deposits </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestExpenseDomesticDeposits" xlink:label="loc_us-gaap_InterestExpenseDomesticDeposits_74259EE0D02DDEC70D56CA05BA522D69" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpenseDomesticDeposits_74259EE0D02DDEC70D56CA05BA522D69" xlink:to="lab_us-gaap_InterestExpenseDomesticDeposits_74259EE0D02DDEC70D56CA05BA522D69" xlink:type="arc"/>
<link:label id="lab_us-gaap_InterestExpenseForeignDeposits_3F366E6CDFD6C63BD08BCA05BA52A032_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseForeignDeposits_3F366E6CDFD6C63BD08BCA05BA52A032" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deposits in foreign offices </link:label>
<link:label id="lab_us-gaap_InterestExpenseForeignDeposits_3F366E6CDFD6C63BD08BCA05BA52A032_label_en-US" xlink:label="lab_us-gaap_InterestExpenseForeignDeposits_3F366E6CDFD6C63BD08BCA05BA52A032" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Expense, Foreign Deposits </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestExpenseForeignDeposits" xlink:label="loc_us-gaap_InterestExpenseForeignDeposits_3F366E6CDFD6C63BD08BCA05BA52A032" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpenseForeignDeposits_3F366E6CDFD6C63BD08BCA05BA52A032" xlink:to="lab_us-gaap_InterestExpenseForeignDeposits_3F366E6CDFD6C63BD08BCA05BA52A032" xlink:type="arc"/>
<link:label id="lab_us-gaap_InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase_D4E50245F464F6E00546CA05BA52AD55_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase_D4E50245F464F6E00546CA05BA52AD55" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Federal funds purchased and securities sold under repurchase agreements </link:label>
<link:label id="lab_us-gaap_InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase_D4E50245F464F6E00546CA05BA52AD55_label_en-US" xlink:label="lab_us-gaap_InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase_D4E50245F464F6E00546CA05BA52AD55" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Expense, Federal Funds Purchased and Securities Sold under Agreements to Repurchase </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase" xlink:label="loc_us-gaap_InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase_D4E50245F464F6E00546CA05BA52AD55" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase_D4E50245F464F6E00546CA05BA52AD55" xlink:to="lab_us-gaap_InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase_D4E50245F464F6E00546CA05BA52AD55" xlink:type="arc"/>
<link:label id="lab_us-gaap_InterestExpenseTradingLiabilities_11BA3A24C693C4624966CA05BA52FFF8_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseTradingLiabilities_11BA3A24C693C4624966CA05BA52FFF8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trading liabilities </link:label>
<link:label id="lab_us-gaap_InterestExpenseTradingLiabilities_11BA3A24C693C4624966CA05BA52FFF8_label_en-US" xlink:label="lab_us-gaap_InterestExpenseTradingLiabilities_11BA3A24C693C4624966CA05BA52FFF8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Expense, Trading Liabilities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestExpenseTradingLiabilities" xlink:label="loc_us-gaap_InterestExpenseTradingLiabilities_11BA3A24C693C4624966CA05BA52FFF8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpenseTradingLiabilities_11BA3A24C693C4624966CA05BA52FFF8" xlink:to="lab_us-gaap_InterestExpenseTradingLiabilities_11BA3A24C693C4624966CA05BA52FFF8" xlink:type="arc"/>
<link:label id="lab_us-gaap_InterestExpenseOtherShortTermBorrowings_7D71B0F92F0B494CACE6CA05BA539A7D_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseOtherShortTermBorrowings_7D71B0F92F0B494CACE6CA05BA539A7D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other borrowed funds </link:label>
<link:label id="lab_us-gaap_InterestExpenseOtherShortTermBorrowings_7D71B0F92F0B494CACE6CA05BA539A7D_label_en-US" xlink:label="lab_us-gaap_InterestExpenseOtherShortTermBorrowings_7D71B0F92F0B494CACE6CA05BA539A7D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Expense, Other Short-term Borrowings </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestExpenseOtherShortTermBorrowings" xlink:label="loc_us-gaap_InterestExpenseOtherShortTermBorrowings_7D71B0F92F0B494CACE6CA05BA539A7D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestExpenseCommercialPaper_0CDB32DADBA18627E026CA05BA53B32E_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseCommercialPaper_0CDB32DADBA18627E026CA05BA53B32E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Commercial paper </link:label>
<link:label id="lab_us-gaap_InterestExpenseCommercialPaper_0CDB32DADBA18627E026CA05BA53B32E_label_en-US" xlink:label="lab_us-gaap_InterestExpenseCommercialPaper_0CDB32DADBA18627E026CA05BA53B32E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Expense, Commercial Paper </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestExpenseCommercialPaper" xlink:label="loc_us-gaap_InterestExpenseCommercialPaper_0CDB32DADBA18627E026CA05BA53B32E" xlink:type="locator"/>
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<link:label id="lab_bk_InterestExpenseCustomerPayables_076A6E3DFDE13EBEB42BCA05BA53D29B_terseLabel_en-US" xlink:label="lab_bk_InterestExpenseCustomerPayables_076A6E3DFDE13EBEB42BCA05BA53D29B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Customer payables </link:label>
<link:label id="lab_bk_InterestExpenseCustomerPayables_076A6E3DFDE13EBEB42BCA05BA53D29B_label_en-US" xlink:label="lab_bk_InterestExpenseCustomerPayables_076A6E3DFDE13EBEB42BCA05BA53D29B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Expense Customer Payables </link:label>
<link:label id="lab_bk_InterestExpenseCustomerPayables_076A6E3DFDE13EBEB42BCA05BA53D29B_documentation_en-US" xlink:label="lab_bk_InterestExpenseCustomerPayables_076A6E3DFDE13EBEB42BCA05BA53D29B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Interest Expense Customer Payables </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_InterestExpenseCustomerPayables" xlink:label="loc_bk_InterestExpenseCustomerPayables_076A6E3DFDE13EBEB42BCA05BA53D29B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestExpenseLongTermDebt_0773C6B82115583CBDE8CA05BA534747_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseLongTermDebt_0773C6B82115583CBDE8CA05BA534747" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Long-term debt </link:label>
<link:label id="lab_us-gaap_InterestExpenseLongTermDebt_0773C6B82115583CBDE8CA05BA534747_label_en-US" xlink:label="lab_us-gaap_InterestExpenseLongTermDebt_0773C6B82115583CBDE8CA05BA534747" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Expense, Long-term Debt </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestExpenseLongTermDebt" xlink:label="loc_us-gaap_InterestExpenseLongTermDebt_0773C6B82115583CBDE8CA05BA534747" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestExpense_12E29B3366FAE4DADEB5CA05BA5383B2_totalLabel_en-US" xlink:label="lab_us-gaap_InterestExpense_12E29B3366FAE4DADEB5CA05BA5383B2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total interest expense </link:label>
<link:label id="lab_us-gaap_InterestExpense_12E29B3366FAE4DADEB5CA05BA5383B2_label_en-US" xlink:label="lab_us-gaap_InterestExpense_12E29B3366FAE4DADEB5CA05BA5383B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Expense </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaap_InterestExpense_12E29B3366FAE4DADEB5CA05BA5383B2" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestIncomeExpenseNet_71B9A2AAE93DAC2CE3E2CA05BA532D5B_totalLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeExpenseNet_71B9A2AAE93DAC2CE3E2CA05BA532D5B" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net interest revenue </link:label>
<link:label id="lab_us-gaap_InterestIncomeExpenseNet_71B9A2AAE93DAC2CE3E2CA05BA532D5B_label_en-US" xlink:label="lab_us-gaap_InterestIncomeExpenseNet_71B9A2AAE93DAC2CE3E2CA05BA532D5B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Income (Expense), Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestIncomeExpenseNet" xlink:label="loc_us-gaap_InterestIncomeExpenseNet_71B9A2AAE93DAC2CE3E2CA05BA532D5B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ProvisionForLoanLeaseAndOtherLosses_648EE0019A3B1E4A0B0FCA05BA530616_terseLabel_en-US" xlink:label="lab_us-gaap_ProvisionForLoanLeaseAndOtherLosses_648EE0019A3B1E4A0B0FCA05BA530616" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Provision </link:label>
<link:label id="lab_us-gaap_ProvisionForLoanLeaseAndOtherLosses_648EE0019A3B1E4A0B0FCA05BA530616_label_en-US" xlink:label="lab_us-gaap_ProvisionForLoanLeaseAndOtherLosses_648EE0019A3B1E4A0B0FCA05BA530616" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Provision for Loan, Lease, and Other Losses </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProvisionForLoanLeaseAndOtherLosses" xlink:label="loc_us-gaap_ProvisionForLoanLeaseAndOtherLosses_648EE0019A3B1E4A0B0FCA05BA530616" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss_C236871E14F4C44C1645CA05BA532302_totalLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss_C236871E14F4C44C1645CA05BA532302" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net interest revenue after provision for credit losses </link:label>
<link:label id="lab_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss_C236871E14F4C44C1645CA05BA532302_label_en-US" xlink:label="lab_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss_C236871E14F4C44C1645CA05BA532302" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Income (Expense), after Provision for Loan Loss </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss" xlink:label="loc_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss_C236871E14F4C44C1645CA05BA532302" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueDisclosuresAbstract_5B359563CFF75FB7D3F7CA05B84D0530_label_en-US" xlink:label="lab_us-gaap_FairValueDisclosuresAbstract_5B359563CFF75FB7D3F7CA05B84D0530" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Disclosures [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="loc_us-gaap_FairValueDisclosuresAbstract_5B359563CFF75FB7D3F7CA05B84D0530" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_5708D7A123097C944B77CA05B84DFAB7_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_5708D7A123097C944B77CA05B84DFAB7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value Measurements, Recurring and Nonrecurring [Table] </link:label>
<link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_5708D7A123097C944B77CA05B84DFAB7_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_5708D7A123097C944B77CA05B84DFAB7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Measurements, Recurring and Nonrecurring [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_5708D7A123097C944B77CA05B84DFAB7" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueByMeasurementFrequencyAxis_DF58941E40FD4C574B43CA05B84D3828_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementFrequencyAxis_DF58941E40FD4C574B43CA05B84D3828" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Measurement Frequency [Axis] </link:label>
<link:label id="lab_us-gaap_FairValueByMeasurementFrequencyAxis_DF58941E40FD4C574B43CA05B84D3828_label_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementFrequencyAxis_DF58941E40FD4C574B43CA05B84D3828" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Measurement Frequency [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueByMeasurementFrequencyAxis" xlink:label="loc_us-gaap_FairValueByMeasurementFrequencyAxis_DF58941E40FD4C574B43CA05B84D3828" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueMeasurementFrequencyDomain_8300D8C91C93118C405DCA05B84E1853_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementFrequencyDomain_8300D8C91C93118C405DCA05B84E1853" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurement Frequency [Domain] </link:label>
<link:label id="lab_us-gaap_FairValueMeasurementFrequencyDomain_8300D8C91C93118C405DCA05B84E1853_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementFrequencyDomain_8300D8C91C93118C405DCA05B84E1853" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurement Frequency [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueMeasurementFrequencyDomain" xlink:label="loc_us-gaap_FairValueMeasurementFrequencyDomain_8300D8C91C93118C405DCA05B84E1853" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementFrequencyDomain_8300D8C91C93118C405DCA05B84E1853" xlink:to="lab_us-gaap_FairValueMeasurementFrequencyDomain_8300D8C91C93118C405DCA05B84E1853" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueMeasurementsRecurringMember_848BE6ACEA0936C070FCCA05B84E767E_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsRecurringMember_848BE6ACEA0936C070FCCA05B84E767E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Assets measured at fair value on a recurring basis </link:label>
<link:label id="lab_us-gaap_FairValueMeasurementsRecurringMember_848BE6ACEA0936C070FCCA05B84E767E_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsRecurringMember_848BE6ACEA0936C070FCCA05B84E767E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurements, Recurring [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueMeasurementsRecurringMember" xlink:label="loc_us-gaap_FairValueMeasurementsRecurringMember_848BE6ACEA0936C070FCCA05B84E767E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementsRecurringMember_848BE6ACEA0936C070FCCA05B84E767E" xlink:to="lab_us-gaap_FairValueMeasurementsRecurringMember_848BE6ACEA0936C070FCCA05B84E767E" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_FD0E907D23ADFBA3DE2FCA05B84EF3DA_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_FD0E907D23ADFBA3DE2FCA05B84EF3DA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Hierarchy [Axis] </link:label>
<link:label id="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_FD0E907D23ADFBA3DE2FCA05B84EF3DA_label_en-US" xlink:label="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_FD0E907D23ADFBA3DE2FCA05B84EF3DA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Hierarchy [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_FD0E907D23ADFBA3DE2FCA05B84EF3DA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_FD0E907D23ADFBA3DE2FCA05B84EF3DA" xlink:to="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_FD0E907D23ADFBA3DE2FCA05B84EF3DA" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_AC7A3F3D8952AEC7E639CA05B84E46C7_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_AC7A3F3D8952AEC7E639CA05B84E46C7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value Hierarchy [Domain] </link:label>
<link:label id="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_AC7A3F3D8952AEC7E639CA05B84E46C7_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_AC7A3F3D8952AEC7E639CA05B84E46C7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Hierarchy [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_AC7A3F3D8952AEC7E639CA05B84E46C7" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueInputsLevel3Member_F79C199EE2AF4B90259ECA05B84E2EAD_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel3Member_F79C199EE2AF4B90259ECA05B84E2EAD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Level 3 </link:label>
<link:label id="lab_us-gaap_FairValueInputsLevel3Member_F79C199EE2AF4B90259ECA05B84E2EAD_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel3Member_F79C199EE2AF4B90259ECA05B84E2EAD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Inputs, Level 3 [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="loc_us-gaap_FairValueInputsLevel3Member_F79C199EE2AF4B90259ECA05B84E2EAD" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueByMeasurementBasisAxis_72DB96570928AED3D5E9CA05B84EED6F_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementBasisAxis_72DB96570928AED3D5E9CA05B84EED6F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Measurement Basis [Axis] </link:label>
<link:label id="lab_us-gaap_FairValueByMeasurementBasisAxis_72DB96570928AED3D5E9CA05B84EED6F_label_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementBasisAxis_72DB96570928AED3D5E9CA05B84EED6F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Measurement Basis [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueByMeasurementBasisAxis" xlink:label="loc_us-gaap_FairValueByMeasurementBasisAxis_72DB96570928AED3D5E9CA05B84EED6F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueDisclosureItemAmountsDomain_B0D5037FEF948E130FD6CA05B84EE9B2_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueDisclosureItemAmountsDomain_B0D5037FEF948E130FD6CA05B84EE9B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value Measurement [Domain] </link:label>
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<link:label id="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_7D7FD55C1F894EC4F26DCA05B84E6C90_terseLabel_en-US" xlink:label="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_7D7FD55C1F894EC4F26DCA05B84E6C90" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Portion at Fair Value Measurement </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:label="loc_us-gaap_PortionAtFairValueFairValueDisclosureMember_7D7FD55C1F894EC4F26DCA05B84E6C90" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_E959C1E4CC2201FBB238CA05B84E9F86_terseLabel_en-US" xlink:label="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_E959C1E4CC2201FBB238CA05B84E9F86" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Estimated fair value </link:label>
<link:label id="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_E959C1E4CC2201FBB238CA05B84E9F86_label_en-US" xlink:label="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_E959C1E4CC2201FBB238CA05B84E9F86" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Estimate of Fair Value Measurement [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EstimateOfFairValueFairValueDisclosureMember" xlink:label="loc_us-gaap_EstimateOfFairValueFairValueDisclosureMember_E959C1E4CC2201FBB238CA05B84E9F86" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EstimateOfFairValueFairValueDisclosureMember_E959C1E4CC2201FBB238CA05B84E9F86" xlink:to="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_E959C1E4CC2201FBB238CA05B84E9F86" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_9337DE385CDF83181160CA05B84E17FD_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_9337DE385CDF83181160CA05B84E17FD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] </link:label>
<link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_9337DE385CDF83181160CA05B84E17FD_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_9337DE385CDF83181160CA05B84E17FD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_9337DE385CDF83181160CA05B84E17FD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_9337DE385CDF83181160CA05B84E17FD" xlink:to="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_9337DE385CDF83181160CA05B84E17FD" xlink:type="arc"/>
<link:label id="lab_bk_PercentageOfSecuritiesValuedWithReasonableLevelOfPriceTransparency_3798BA9C0F01EED57ED5CA05B84E9F0F_terseLabel_en-US" xlink:label="lab_bk_PercentageOfSecuritiesValuedWithReasonableLevelOfPriceTransparency_3798BA9C0F01EED57ED5CA05B84E9F0F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Percentage of securities valued with reasonable level of price transparency </link:label>
<link:label id="lab_bk_PercentageOfSecuritiesValuedWithReasonableLevelOfPriceTransparency_3798BA9C0F01EED57ED5CA05B84E9F0F_label_en-US" xlink:label="lab_bk_PercentageOfSecuritiesValuedWithReasonableLevelOfPriceTransparency_3798BA9C0F01EED57ED5CA05B84E9F0F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Percentage Of Securities Valued With Reasonable Level Of Price Transparency </link:label>
<link:label id="lab_bk_PercentageOfSecuritiesValuedWithReasonableLevelOfPriceTransparency_3798BA9C0F01EED57ED5CA05B84E9F0F_documentation_en-US" xlink:label="lab_bk_PercentageOfSecuritiesValuedWithReasonableLevelOfPriceTransparency_3798BA9C0F01EED57ED5CA05B84E9F0F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Percentage Of Securities Valued With Reasonable Level Of Price Transparency </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_PercentageOfSecuritiesValuedWithReasonableLevelOfPriceTransparency" xlink:label="loc_bk_PercentageOfSecuritiesValuedWithReasonableLevelOfPriceTransparency_3798BA9C0F01EED57ED5CA05B84E9F0F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeAsset_F26F0D5F774CDAA1E5BFCA05B84EB905_verboseLabel_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeAsset_F26F0D5F774CDAA1E5BFCA05B84EB905" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Derivative assets </link:label>
<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeAsset_F26F0D5F774CDAA1E5BFCA05B84EB905_label_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeAsset_F26F0D5F774CDAA1E5BFCA05B84EB905" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Asset, Fair Value, Gross Asset </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeAsset_F26F0D5F774CDAA1E5BFCA05B84EB905" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AccountingPoliciesAbstract_862EA4FB587F04338982CA05BB209E45_label_en-US" xlink:label="lab_us-gaap_AccountingPoliciesAbstract_862EA4FB587F04338982CA05BB209E45" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accounting Policies [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="loc_us-gaap_AccountingPoliciesAbstract_862EA4FB587F04338982CA05BB209E45" xlink:type="locator"/>
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<link:label id="lab_bk_NatureOfOperationsPolicyPolicyTextBlock_B7FA34E315B7AAB39EA4CA05BB208969_terseLabel_en-US" xlink:label="lab_bk_NatureOfOperationsPolicyPolicyTextBlock_B7FA34E315B7AAB39EA4CA05BB208969" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Nature of operations </link:label>
<link:label id="lab_bk_NatureOfOperationsPolicyPolicyTextBlock_B7FA34E315B7AAB39EA4CA05BB208969_label_en-US" xlink:label="lab_bk_NatureOfOperationsPolicyPolicyTextBlock_B7FA34E315B7AAB39EA4CA05BB208969" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Nature Of Operations Policy [Policy Text Block] </link:label>
<link:label id="lab_bk_NatureOfOperationsPolicyPolicyTextBlock_B7FA34E315B7AAB39EA4CA05BB208969_documentation_en-US" xlink:label="lab_bk_NatureOfOperationsPolicyPolicyTextBlock_B7FA34E315B7AAB39EA4CA05BB208969" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Nature of Operations </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_NatureOfOperationsPolicyPolicyTextBlock" xlink:label="loc_bk_NatureOfOperationsPolicyPolicyTextBlock_B7FA34E315B7AAB39EA4CA05BB208969" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_NatureOfOperationsPolicyPolicyTextBlock_B7FA34E315B7AAB39EA4CA05BB208969" xlink:to="lab_bk_NatureOfOperationsPolicyPolicyTextBlock_B7FA34E315B7AAB39EA4CA05BB208969" xlink:type="arc"/>
<link:label id="lab_us-gaap_ConsolidationPolicyTextBlock_D99B55D0A34F286B283ACA05BB203AE3_terseLabel_en-US" xlink:label="lab_us-gaap_ConsolidationPolicyTextBlock_D99B55D0A34F286B283ACA05BB203AE3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Basis of presentation </link:label>
<link:label id="lab_us-gaap_ConsolidationPolicyTextBlock_D99B55D0A34F286B283ACA05BB203AE3_label_en-US" xlink:label="lab_us-gaap_ConsolidationPolicyTextBlock_D99B55D0A34F286B283ACA05BB203AE3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Consolidation, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConsolidationPolicyTextBlock" xlink:label="loc_us-gaap_ConsolidationPolicyTextBlock_D99B55D0A34F286B283ACA05BB203AE3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConsolidationPolicyTextBlock_D99B55D0A34F286B283ACA05BB203AE3" xlink:to="lab_us-gaap_ConsolidationPolicyTextBlock_D99B55D0A34F286B283ACA05BB203AE3" xlink:type="arc"/>
<link:label id="lab_us-gaap_UseOfEstimates_14A92302AC94301B0868CA05BB2051C2_terseLabel_en-US" xlink:label="lab_us-gaap_UseOfEstimates_14A92302AC94301B0868CA05BB2051C2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Use of estimates </link:label>
<link:label id="lab_us-gaap_UseOfEstimates_14A92302AC94301B0868CA05BB2051C2_label_en-US" xlink:label="lab_us-gaap_UseOfEstimates_14A92302AC94301B0868CA05BB2051C2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Use of Estimates, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_UseOfEstimates" xlink:label="loc_us-gaap_UseOfEstimates_14A92302AC94301B0868CA05BB2051C2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UseOfEstimates_14A92302AC94301B0868CA05BB2051C2" xlink:to="lab_us-gaap_UseOfEstimates_14A92302AC94301B0868CA05BB2051C2" xlink:type="arc"/>
<link:label id="lab_us-gaap_LoansAndLeasesReceivablePrepaymentEstimateAssumptionsPolicy_C5339FFC3F93411AD98FCA05BB201C9D_terseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivablePrepaymentEstimateAssumptionsPolicy_C5339FFC3F93411AD98FCA05BB201C9D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in accounting methodology </link:label>
<link:label id="lab_us-gaap_LoansAndLeasesReceivablePrepaymentEstimateAssumptionsPolicy_C5339FFC3F93411AD98FCA05BB201C9D_label_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivablePrepaymentEstimateAssumptionsPolicy_C5339FFC3F93411AD98FCA05BB201C9D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable, Prepayment Estimate Assumptions, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LoansAndLeasesReceivablePrepaymentEstimateAssumptionsPolicy" xlink:label="loc_us-gaap_LoansAndLeasesReceivablePrepaymentEstimateAssumptionsPolicy_C5339FFC3F93411AD98FCA05BB201C9D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansAndLeasesReceivablePrepaymentEstimateAssumptionsPolicy_C5339FFC3F93411AD98FCA05BB201C9D" xlink:to="lab_us-gaap_LoansAndLeasesReceivablePrepaymentEstimateAssumptionsPolicy_C5339FFC3F93411AD98FCA05BB201C9D" xlink:type="arc"/>
<link:label id="lab_bk_FinancialInformationOfParentCompanyPolicyPolicyTextBlock_CC83B89B27D175255C8CCA05BB202B2B_terseLabel_en-US" xlink:label="lab_bk_FinancialInformationOfParentCompanyPolicyPolicyTextBlock_CC83B89B27D175255C8CCA05BB202B2B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Parent financial statements </link:label>
<link:label id="lab_bk_FinancialInformationOfParentCompanyPolicyPolicyTextBlock_CC83B89B27D175255C8CCA05BB202B2B_label_en-US" xlink:label="lab_bk_FinancialInformationOfParentCompanyPolicyPolicyTextBlock_CC83B89B27D175255C8CCA05BB202B2B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financial Information Of Parent Company Policy [Policy Text Block] </link:label>
<link:label id="lab_bk_FinancialInformationOfParentCompanyPolicyPolicyTextBlock_CC83B89B27D175255C8CCA05BB202B2B_documentation_en-US" xlink:label="lab_bk_FinancialInformationOfParentCompanyPolicyPolicyTextBlock_CC83B89B27D175255C8CCA05BB202B2B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Financial Information of Parent Company </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_FinancialInformationOfParentCompanyPolicyPolicyTextBlock" xlink:label="loc_bk_FinancialInformationOfParentCompanyPolicyPolicyTextBlock_CC83B89B27D175255C8CCA05BB202B2B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_FinancialInformationOfParentCompanyPolicyPolicyTextBlock_CC83B89B27D175255C8CCA05BB202B2B" xlink:to="lab_bk_FinancialInformationOfParentCompanyPolicyPolicyTextBlock_CC83B89B27D175255C8CCA05BB202B2B" xlink:type="arc"/>
<link:label id="lab_us-gaap_BusinessCombinationsPolicy_A6CC2663C6BAB544D370CA05BB21BB02_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationsPolicy_A6CC2663C6BAB544D370CA05BB21BB02" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Acquired businesses </link:label>
<link:label id="lab_us-gaap_BusinessCombinationsPolicy_A6CC2663C6BAB544D370CA05BB21BB02_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationsPolicy_A6CC2663C6BAB544D370CA05BB21BB02" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Business Combinations Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BusinessCombinationsPolicy" xlink:label="loc_us-gaap_BusinessCombinationsPolicy_A6CC2663C6BAB544D370CA05BB21BB02" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationsPolicy_A6CC2663C6BAB544D370CA05BB21BB02" xlink:to="lab_us-gaap_BusinessCombinationsPolicy_A6CC2663C6BAB544D370CA05BB21BB02" xlink:type="arc"/>
<link:label id="lab_us-gaap_EquityMethodInvestmentsPolicy_5940A66801619D9593E4CA05BB21110C_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentsPolicy_5940A66801619D9593E4CA05BB21110C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Equity method investments, including renewable energy investments </link:label>
<link:label id="lab_us-gaap_EquityMethodInvestmentsPolicy_5940A66801619D9593E4CA05BB21110C_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentsPolicy_5940A66801619D9593E4CA05BB21110C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity Method Investments [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentsPolicy" xlink:label="loc_us-gaap_EquityMethodInvestmentsPolicy_5940A66801619D9593E4CA05BB21110C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ConsolidationVariableInterestEntityPolicy_748525F12E32FAC99822CA05BB21F715_terseLabel_en-US" xlink:label="lab_us-gaap_ConsolidationVariableInterestEntityPolicy_748525F12E32FAC99822CA05BB21F715" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Variable interest and voting model entities </link:label>
<link:label id="lab_us-gaap_ConsolidationVariableInterestEntityPolicy_748525F12E32FAC99822CA05BB21F715_label_en-US" xlink:label="lab_us-gaap_ConsolidationVariableInterestEntityPolicy_748525F12E32FAC99822CA05BB21F715" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Consolidation, Variable Interest Entity, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConsolidationVariableInterestEntityPolicy" xlink:label="loc_us-gaap_ConsolidationVariableInterestEntityPolicy_748525F12E32FAC99822CA05BB21F715" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InvestmentPolicyTextBlock_78879BFC30710456FDA3CA05BB210431_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentPolicyTextBlock_78879BFC30710456FDA3CA05BB210431" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trading securities, available-for-sale securities, and held-to-maturity securities </link:label>
<link:label id="lab_us-gaap_InvestmentPolicyTextBlock_78879BFC30710456FDA3CA05BB210431_label_en-US" xlink:label="lab_us-gaap_InvestmentPolicyTextBlock_78879BFC30710456FDA3CA05BB210431" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investment, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InvestmentPolicyTextBlock" xlink:label="loc_us-gaap_InvestmentPolicyTextBlock_78879BFC30710456FDA3CA05BB210431" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentPolicyTextBlock_78879BFC30710456FDA3CA05BB210431" xlink:to="lab_us-gaap_InvestmentPolicyTextBlock_78879BFC30710456FDA3CA05BB210431" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinanceLoansAndLeasesReceivablePolicy_4A0769EBC85756EE9212CA05BB21CDEB_terseLabel_en-US" xlink:label="lab_us-gaap_FinanceLoansAndLeasesReceivablePolicy_4A0769EBC85756EE9212CA05BB21CDEB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans and leases </link:label>
<link:label id="lab_us-gaap_FinanceLoansAndLeasesReceivablePolicy_4A0769EBC85756EE9212CA05BB21CDEB_label_en-US" xlink:label="lab_us-gaap_FinanceLoansAndLeasesReceivablePolicy_4A0769EBC85756EE9212CA05BB21CDEB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finance, Loans and Leases Receivable, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinanceLoansAndLeasesReceivablePolicy" xlink:label="loc_us-gaap_FinanceLoansAndLeasesReceivablePolicy_4A0769EBC85756EE9212CA05BB21CDEB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinanceLoansAndLeasesReceivablePolicy_4A0769EBC85756EE9212CA05BB21CDEB" xlink:to="lab_us-gaap_FinanceLoansAndLeasesReceivablePolicy_4A0769EBC85756EE9212CA05BB21CDEB" xlink:type="arc"/>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableNonperformingLoanAndLeasePolicy_973B1002E4B5789376A4CA05BB21CCEF_terseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableNonperformingLoanAndLeasePolicy_973B1002E4B5789376A4CA05BB21CCEF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Nonperforming assets </link:label>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableNonperformingLoanAndLeasePolicy_973B1002E4B5789376A4CA05BB21CCEF_label_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableNonperformingLoanAndLeasePolicy_973B1002E4B5789376A4CA05BB21CCEF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable, Nonperforming Loan and Lease, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LoansAndLeasesReceivableNonperformingLoanAndLeasePolicy" xlink:label="loc_us-gaap_LoansAndLeasesReceivableNonperformingLoanAndLeasePolicy_973B1002E4B5789376A4CA05BB21CCEF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansAndLeasesReceivableNonperformingLoanAndLeasePolicy_973B1002E4B5789376A4CA05BB21CCEF" xlink:to="lab_us-gaap_LoansAndLeasesReceivableNonperformingLoanAndLeasePolicy_973B1002E4B5789376A4CA05BB21CCEF" xlink:type="arc"/>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableAllowanceForLoanLossesPolicy_1B86A7776F5AD58D772BCA05BB21EBE8_terseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableAllowanceForLoanLossesPolicy_1B86A7776F5AD58D772BCA05BB21EBE8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Allowance for loan losses and allowance for lending-related commitments </link:label>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableAllowanceForLoanLossesPolicy_1B86A7776F5AD58D772BCA05BB21EBE8_label_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableAllowanceForLoanLossesPolicy_1B86A7776F5AD58D772BCA05BB21EBE8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LoansAndLeasesReceivableAllowanceForLoanLossesPolicy" xlink:label="loc_us-gaap_LoansAndLeasesReceivableAllowanceForLoanLossesPolicy_1B86A7776F5AD58D772BCA05BB21EBE8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansAndLeasesReceivableAllowanceForLoanLossesPolicy_1B86A7776F5AD58D772BCA05BB21EBE8" xlink:to="lab_us-gaap_LoansAndLeasesReceivableAllowanceForLoanLossesPolicy_1B86A7776F5AD58D772BCA05BB21EBE8" xlink:type="arc"/>
<link:label id="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_37EFCFE3F88BE38591F0CA05BB218646_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_37EFCFE3F88BE38591F0CA05BB218646" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Premises and equipment </link:label>
<link:label id="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_37EFCFE3F88BE38591F0CA05BB218646_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_37EFCFE3F88BE38591F0CA05BB218646" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Property, Plant and Equipment, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_37EFCFE3F88BE38591F0CA05BB218646" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_37EFCFE3F88BE38591F0CA05BB218646" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_37EFCFE3F88BE38591F0CA05BB218646" xlink:type="arc"/>
<link:label id="lab_us-gaap_InternalUseSoftwarePolicy_6FBD6783CF577D95B4A8CA05BB215281_terseLabel_en-US" xlink:label="lab_us-gaap_InternalUseSoftwarePolicy_6FBD6783CF577D95B4A8CA05BB215281" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Software </link:label>
<link:label id="lab_us-gaap_InternalUseSoftwarePolicy_6FBD6783CF577D95B4A8CA05BB215281_label_en-US" xlink:label="lab_us-gaap_InternalUseSoftwarePolicy_6FBD6783CF577D95B4A8CA05BB215281" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Internal Use Software, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InternalUseSoftwarePolicy" xlink:label="loc_us-gaap_InternalUseSoftwarePolicy_6FBD6783CF577D95B4A8CA05BB215281" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InternalUseSoftwarePolicy_6FBD6783CF577D95B4A8CA05BB215281" xlink:to="lab_us-gaap_InternalUseSoftwarePolicy_6FBD6783CF577D95B4A8CA05BB215281" xlink:type="arc"/>
<link:label id="lab_us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_6D1806A7D0702A975E7CCA05BB21C3AC_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_6D1806A7D0702A975E7CCA05BB21C3AC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Identified intangible assets and goodwill </link:label>
<link:label id="lab_us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_6D1806A7D0702A975E7CCA05BB21C3AC_label_en-US" xlink:label="lab_us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_6D1806A7D0702A975E7CCA05BB21C3AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill and Intangible Assets, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock" xlink:label="loc_us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_6D1806A7D0702A975E7CCA05BB21C3AC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_6D1806A7D0702A975E7CCA05BB21C3AC" xlink:to="lab_us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_6D1806A7D0702A975E7CCA05BB21C3AC" xlink:type="arc"/>
<link:label id="lab_bk_InvestmentsinQualifiedAffordableHousingProjectsPolicyTextBlock_1575BC0A4C9A288671C2CA05BB215160_terseLabel_en-US" xlink:label="lab_bk_InvestmentsinQualifiedAffordableHousingProjectsPolicyTextBlock_1575BC0A4C9A288671C2CA05BB215160" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investments in qualified affordable housing projects </link:label>
<link:label id="lab_bk_InvestmentsinQualifiedAffordableHousingProjectsPolicyTextBlock_1575BC0A4C9A288671C2CA05BB215160_label_en-US" xlink:label="lab_bk_InvestmentsinQualifiedAffordableHousingProjectsPolicyTextBlock_1575BC0A4C9A288671C2CA05BB215160" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investments in Qualified Affordable Housing Projects [Policy Text Block] </link:label>
<link:label id="lab_bk_InvestmentsinQualifiedAffordableHousingProjectsPolicyTextBlock_1575BC0A4C9A288671C2CA05BB215160_documentation_en-US" xlink:label="lab_bk_InvestmentsinQualifiedAffordableHousingProjectsPolicyTextBlock_1575BC0A4C9A288671C2CA05BB215160" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Investments in Qualified Affordable Housing Projects [Policy Text Block] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_InvestmentsinQualifiedAffordableHousingProjectsPolicyTextBlock" xlink:label="loc_bk_InvestmentsinQualifiedAffordableHousingProjectsPolicyTextBlock_1575BC0A4C9A288671C2CA05BB215160" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_InvestmentsinQualifiedAffordableHousingProjectsPolicyTextBlock_1575BC0A4C9A288671C2CA05BB215160" xlink:to="lab_bk_InvestmentsinQualifiedAffordableHousingProjectsPolicyTextBlock_1575BC0A4C9A288671C2CA05BB215160" xlink:type="arc"/>
<link:label id="lab_bk_OtherAssetsPolicyPolicyTextBlock_D5FAF23880F85B5A4727CA05BB21D69B_terseLabel_en-US" xlink:label="lab_bk_OtherAssetsPolicyPolicyTextBlock_D5FAF23880F85B5A4727CA05BB21D69B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Seed capital </link:label>
<link:label id="lab_bk_OtherAssetsPolicyPolicyTextBlock_D5FAF23880F85B5A4727CA05BB21D69B_label_en-US" xlink:label="lab_bk_OtherAssetsPolicyPolicyTextBlock_D5FAF23880F85B5A4727CA05BB21D69B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Assets Policy [Policy Text Block] </link:label>
<link:label id="lab_bk_OtherAssetsPolicyPolicyTextBlock_D5FAF23880F85B5A4727CA05BB21D69B_documentation_en-US" xlink:label="lab_bk_OtherAssetsPolicyPolicyTextBlock_D5FAF23880F85B5A4727CA05BB21D69B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Assets, Policy </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_OtherAssetsPolicyPolicyTextBlock" xlink:label="loc_bk_OtherAssetsPolicyPolicyTextBlock_D5FAF23880F85B5A4727CA05BB21D69B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OtherAssetsPolicyPolicyTextBlock_D5FAF23880F85B5A4727CA05BB21D69B" xlink:to="lab_bk_OtherAssetsPolicyPolicyTextBlock_D5FAF23880F85B5A4727CA05BB21D69B" xlink:type="arc"/>
<link:label id="lab_bk_NoncontrollingInterestsPolicyPolicyTextBlock_DBE775A2B26F4E88EC32CA05BB215B97_terseLabel_en-US" xlink:label="lab_bk_NoncontrollingInterestsPolicyPolicyTextBlock_DBE775A2B26F4E88EC32CA05BB215B97" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Noncontrolling interests </link:label>
<link:label id="lab_bk_NoncontrollingInterestsPolicyPolicyTextBlock_DBE775A2B26F4E88EC32CA05BB215B97_label_en-US" xlink:label="lab_bk_NoncontrollingInterestsPolicyPolicyTextBlock_DBE775A2B26F4E88EC32CA05BB215B97" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noncontrolling Interests Policy [Policy Text Block] </link:label>
<link:label id="lab_bk_NoncontrollingInterestsPolicyPolicyTextBlock_DBE775A2B26F4E88EC32CA05BB215B97_documentation_en-US" xlink:label="lab_bk_NoncontrollingInterestsPolicyPolicyTextBlock_DBE775A2B26F4E88EC32CA05BB215B97" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Noncontrolling Interests, Policy </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_NoncontrollingInterestsPolicyPolicyTextBlock" xlink:label="loc_bk_NoncontrollingInterestsPolicyPolicyTextBlock_DBE775A2B26F4E88EC32CA05BB215B97" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_NoncontrollingInterestsPolicyPolicyTextBlock_DBE775A2B26F4E88EC32CA05BB215B97" xlink:to="lab_bk_NoncontrollingInterestsPolicyPolicyTextBlock_DBE775A2B26F4E88EC32CA05BB215B97" xlink:type="arc"/>
<link:label id="lab_us-gaap_RevenueRecognitionPolicyTextBlock_5452A1C0FEEF9E8D0A32CA05BB21A282_terseLabel_en-US" xlink:label="lab_us-gaap_RevenueRecognitionPolicyTextBlock_5452A1C0FEEF9E8D0A32CA05BB21A282" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fee revenue </link:label>
<link:label id="lab_us-gaap_RevenueRecognitionPolicyTextBlock_5452A1C0FEEF9E8D0A32CA05BB21A282_label_en-US" xlink:label="lab_us-gaap_RevenueRecognitionPolicyTextBlock_5452A1C0FEEF9E8D0A32CA05BB21A282" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Revenue Recognition, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RevenueRecognitionPolicyTextBlock" xlink:label="loc_us-gaap_RevenueRecognitionPolicyTextBlock_5452A1C0FEEF9E8D0A32CA05BB21A282" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenueRecognitionPolicyTextBlock_5452A1C0FEEF9E8D0A32CA05BB21A282" xlink:to="lab_us-gaap_RevenueRecognitionPolicyTextBlock_5452A1C0FEEF9E8D0A32CA05BB21A282" xlink:type="arc"/>
<link:label id="lab_bk_InterestIncomePolicyPolicyTextBlock_C6A45B4B7186A8670D45CA05BB218C1D_terseLabel_en-US" xlink:label="lab_bk_InterestIncomePolicyPolicyTextBlock_C6A45B4B7186A8670D45CA05BB218C1D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net interest revenue </link:label>
<link:label id="lab_bk_InterestIncomePolicyPolicyTextBlock_C6A45B4B7186A8670D45CA05BB218C1D_label_en-US" xlink:label="lab_bk_InterestIncomePolicyPolicyTextBlock_C6A45B4B7186A8670D45CA05BB218C1D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Income Policy [Policy Text Block] </link:label>
<link:label id="lab_bk_InterestIncomePolicyPolicyTextBlock_C6A45B4B7186A8670D45CA05BB218C1D_documentation_en-US" xlink:label="lab_bk_InterestIncomePolicyPolicyTextBlock_C6A45B4B7186A8670D45CA05BB218C1D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Interest Income, Policy </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_InterestIncomePolicyPolicyTextBlock" xlink:label="loc_bk_InterestIncomePolicyPolicyTextBlock_C6A45B4B7186A8670D45CA05BB218C1D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_InterestIncomePolicyPolicyTextBlock_C6A45B4B7186A8670D45CA05BB218C1D" xlink:to="lab_bk_InterestIncomePolicyPolicyTextBlock_C6A45B4B7186A8670D45CA05BB218C1D" xlink:type="arc"/>
<link:label id="lab_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_559A7E82517E96CFF46CCA05BB2132EC_terseLabel_en-US" xlink:label="lab_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_559A7E82517E96CFF46CCA05BB2132EC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign currency translation </link:label>
<link:label id="lab_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_559A7E82517E96CFF46CCA05BB2132EC_label_en-US" xlink:label="lab_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_559A7E82517E96CFF46CCA05BB2132EC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign Currency Transactions and Translations Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock" xlink:label="loc_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_559A7E82517E96CFF46CCA05BB2132EC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_559A7E82517E96CFF46CCA05BB2132EC" xlink:to="lab_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_559A7E82517E96CFF46CCA05BB2132EC" xlink:type="arc"/>
<link:label id="lab_us-gaap_PensionAndOtherPostretirementPlansPensionsPolicy_768E075900E766070C57CA05BB210325_terseLabel_en-US" xlink:label="lab_us-gaap_PensionAndOtherPostretirementPlansPensionsPolicy_768E075900E766070C57CA05BB210325" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pension </link:label>
<link:label id="lab_us-gaap_PensionAndOtherPostretirementPlansPensionsPolicy_768E075900E766070C57CA05BB210325_label_en-US" xlink:label="lab_us-gaap_PensionAndOtherPostretirementPlansPensionsPolicy_768E075900E766070C57CA05BB210325" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pension and Other Postretirement Plans, Pensions, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PensionAndOtherPostretirementPlansPensionsPolicy" xlink:label="loc_us-gaap_PensionAndOtherPostretirementPlansPensionsPolicy_768E075900E766070C57CA05BB210325" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PensionAndOtherPostretirementPlansPensionsPolicy_768E075900E766070C57CA05BB210325" xlink:to="lab_us-gaap_PensionAndOtherPostretirementPlansPensionsPolicy_768E075900E766070C57CA05BB210325" xlink:type="arc"/>
<link:label id="lab_bk_EmployeeSeverancePolicyPolicyTextBlock_30795275CB1ADFFCAA1DCA05BB2222B1_terseLabel_en-US" xlink:label="lab_bk_EmployeeSeverancePolicyPolicyTextBlock_30795275CB1ADFFCAA1DCA05BB2222B1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Severance </link:label>
<link:label id="lab_bk_EmployeeSeverancePolicyPolicyTextBlock_30795275CB1ADFFCAA1DCA05BB2222B1_label_en-US" xlink:label="lab_bk_EmployeeSeverancePolicyPolicyTextBlock_30795275CB1ADFFCAA1DCA05BB2222B1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Employee Severance Policy [Policy Text Block] </link:label>
<link:label id="lab_bk_EmployeeSeverancePolicyPolicyTextBlock_30795275CB1ADFFCAA1DCA05BB2222B1_documentation_en-US" xlink:label="lab_bk_EmployeeSeverancePolicyPolicyTextBlock_30795275CB1ADFFCAA1DCA05BB2222B1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Employee Severance, Policy </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_EmployeeSeverancePolicyPolicyTextBlock" xlink:label="loc_bk_EmployeeSeverancePolicyPolicyTextBlock_30795275CB1ADFFCAA1DCA05BB2222B1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_EmployeeSeverancePolicyPolicyTextBlock_30795275CB1ADFFCAA1DCA05BB2222B1" xlink:to="lab_bk_EmployeeSeverancePolicyPolicyTextBlock_30795275CB1ADFFCAA1DCA05BB2222B1" xlink:type="arc"/>
<link:label id="lab_us-gaap_IncomeTaxPolicyTextBlock_6890B14E1C53E31E83E4CA05BB220737_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxPolicyTextBlock_6890B14E1C53E31E83E4CA05BB220737" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income taxes </link:label>
<link:label id="lab_us-gaap_IncomeTaxPolicyTextBlock_6890B14E1C53E31E83E4CA05BB220737_label_en-US" xlink:label="lab_us-gaap_IncomeTaxPolicyTextBlock_6890B14E1C53E31E83E4CA05BB220737" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Tax, Policy [Policy Text Block] </link:label>
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<link:label id="lab_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_F77725DDF5ECB765FAB7CA05BB224D39_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_F77725DDF5ECB765FAB7CA05BB224D39" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair value measurement </link:label>
<link:label id="lab_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_F77725DDF5ECB765FAB7CA05BB224D39_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_F77725DDF5ECB765FAB7CA05BB224D39" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Measurement, Policy [Policy Text Block] </link:label>
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<link:label id="lab_bk_SecuritiesAbstract_453B40CF819816664668CA05BAC407D7_label_en-US" xlink:label="lab_bk_SecuritiesAbstract_453B40CF819816664668CA05BAC407D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities [Abstract] </link:label>
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<link:label id="lab_us-gaap_ScheduleOfInvestmentsTable_299AA3A567639954274ACA05BAC4F236_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfInvestmentsTable_299AA3A567639954274ACA05BAC4F236" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Investments [Table] </link:label>
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<link:label id="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_48FDD381C94336DF5E8DCA05BAC4574D_terseLabel_en-US" xlink:label="lab_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_48FDD381C94336DF5E8DCA05BAC4574D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Major Types of Debt and Equity Securities [Axis] </link:label>
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<link:label id="lab_bk_OtherResidentialMortgageBackedSecuritiesMember_32FE9722F46364FDBF66CA05BAC4570B_terseLabel_en-US" xlink:label="lab_bk_OtherResidentialMortgageBackedSecuritiesMember_32FE9722F46364FDBF66CA05BAC4570B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other RMBS </link:label>
<link:label id="lab_bk_OtherResidentialMortgageBackedSecuritiesMember_32FE9722F46364FDBF66CA05BAC4570B_label_en-US" xlink:label="lab_bk_OtherResidentialMortgageBackedSecuritiesMember_32FE9722F46364FDBF66CA05BAC4570B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Residential Mortgage Backed Securities [Member] </link:label>
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<link:label id="lab_bk_AvailableforSaleSecuritiesTransferredSecurityAmortizedCost_FB534EE44E773C7319A0CA05BAC41944_terseLabel_en-US" xlink:label="lab_bk_AvailableforSaleSecuritiesTransferredSecurityAmortizedCost_FB534EE44E773C7319A0CA05BAC41944" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Aggregate amortized cost </link:label>
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<link:label id="lab_bk_AvailableforSaleSecuritiesTransferredSecurityFairValue_C1F2D9275FDEC3A3B168CA05BAC49C3E_terseLabel_en-US" xlink:label="lab_bk_AvailableforSaleSecuritiesTransferredSecurityFairValue_C1F2D9275FDEC3A3B168CA05BAC49C3E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Aggregate fair value of securities </link:label>
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<link:label id="lab_us-gaap_HeldToMaturitySecuritiesTransferredSecurityAtCarryingValue_228D64D2A433BFB241E2CA05BAC46DED_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesTransferredSecurityAtCarryingValue_228D64D2A433BFB241E2CA05BAC46DED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Held-to-maturity securities transferred to available-for-sale, amortized cost </link:label>
<link:label id="lab_us-gaap_HeldToMaturitySecuritiesTransferredSecurityAtCarryingValue_228D64D2A433BFB241E2CA05BAC46DED_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesTransferredSecurityAtCarryingValue_228D64D2A433BFB241E2CA05BAC46DED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Held-to-maturity Securities, Transferred Security, at Carrying Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_HeldToMaturitySecuritiesTransferredSecurityAtCarryingValue" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesTransferredSecurityAtCarryingValue_228D64D2A433BFB241E2CA05BAC46DED" xlink:type="locator"/>
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<link:label id="lab_bk_HeldToMaturitySecuritiesTransferredToAvailableForSaleFairValue_82D0103AB47E7C7DA3D0CA05BAC41CA1_terseLabel_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesTransferredToAvailableForSaleFairValue_82D0103AB47E7C7DA3D0CA05BAC41CA1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Held-to-maturity securities transferred to available-for-sale, fair value </link:label>
<link:label id="lab_bk_HeldToMaturitySecuritiesTransferredToAvailableForSaleFairValue_82D0103AB47E7C7DA3D0CA05BAC41CA1_label_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesTransferredToAvailableForSaleFairValue_82D0103AB47E7C7DA3D0CA05BAC41CA1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Held To Maturity Securities Transferred To Available For Sale Fair Value </link:label>
<link:label id="lab_bk_HeldToMaturitySecuritiesTransferredToAvailableForSaleFairValue_82D0103AB47E7C7DA3D0CA05BAC41CA1_documentation_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesTransferredToAvailableForSaleFairValue_82D0103AB47E7C7DA3D0CA05BAC41CA1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Held To Maturity Securities Transferred To Available For Sale Fair Value </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_HeldToMaturitySecuritiesTransferredToAvailableForSaleFairValue" xlink:label="loc_bk_HeldToMaturitySecuritiesTransferredToAvailableForSaleFairValue_82D0103AB47E7C7DA3D0CA05BAC41CA1" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_895B2BD337F3C2D6ADADD2FE6F678E34_label_en-US" xlink:label="lab_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_895B2BD337F3C2D6ADADD2FE6F678E34" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Condensed Financial Information of Parent Company Only Disclosure [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract" xlink:label="loc_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_895B2BD337F3C2D6ADADD2FE6F678E34" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CondensedIncomeStatementTable_97DDFD16DDB262D354BBD2FE6F67115D_terseLabel_en-US" xlink:label="lab_us-gaap_CondensedIncomeStatementTable_97DDFD16DDB262D354BBD2FE6F67115D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Condensed Income Statement [Table] </link:label>
<link:label id="lab_us-gaap_CondensedIncomeStatementTable_97DDFD16DDB262D354BBD2FE6F67115D_label_en-US" xlink:label="lab_us-gaap_CondensedIncomeStatementTable_97DDFD16DDB262D354BBD2FE6F67115D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Condensed Income Statement [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CondensedIncomeStatementTable" xlink:label="loc_us-gaap_CondensedIncomeStatementTable_97DDFD16DDB262D354BBD2FE6F67115D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ConsolidatedEntitiesAxis_E6FAB2041C406145DC06D2FE6F677CE6_terseLabel_en-US" xlink:label="lab_us-gaap_ConsolidatedEntitiesAxis_E6FAB2041C406145DC06D2FE6F677CE6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Consolidated Entities [Axis] </link:label>
<link:label id="lab_us-gaap_ConsolidatedEntitiesAxis_E6FAB2041C406145DC06D2FE6F677CE6_label_en-US" xlink:label="lab_us-gaap_ConsolidatedEntitiesAxis_E6FAB2041C406145DC06D2FE6F677CE6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Consolidated Entities [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConsolidatedEntitiesAxis" xlink:label="loc_us-gaap_ConsolidatedEntitiesAxis_E6FAB2041C406145DC06D2FE6F677CE6" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ConsolidatedEntitiesDomain_DF4DA228CE92F70E2937D2FE6F67E3D2_terseLabel_en-US" xlink:label="lab_us-gaap_ConsolidatedEntitiesDomain_DF4DA228CE92F70E2937D2FE6F67E3D2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Consolidated Entities [Domain] </link:label>
<link:label id="lab_us-gaap_ConsolidatedEntitiesDomain_DF4DA228CE92F70E2937D2FE6F67E3D2_label_en-US" xlink:label="lab_us-gaap_ConsolidatedEntitiesDomain_DF4DA228CE92F70E2937D2FE6F67E3D2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Consolidated Entities [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConsolidatedEntitiesDomain" xlink:label="loc_us-gaap_ConsolidatedEntitiesDomain_DF4DA228CE92F70E2937D2FE6F67E3D2" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ParentCompanyMember_AF1879D50C5140E04F39D2FE6F67B299_terseLabel_en-US" xlink:label="lab_us-gaap_ParentCompanyMember_AF1879D50C5140E04F39D2FE6F67B299" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Parent Company </link:label>
<link:label id="lab_us-gaap_ParentCompanyMember_AF1879D50C5140E04F39D2FE6F67B299_label_en-US" xlink:label="lab_us-gaap_ParentCompanyMember_AF1879D50C5140E04F39D2FE6F67B299" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Parent Company [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ParentCompanyMember" xlink:label="loc_us-gaap_ParentCompanyMember_AF1879D50C5140E04F39D2FE6F67B299" xlink:type="locator"/>
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<link:label id="lab_us-gaap_RelatedPartyTransactionAxis_561EBF319E5EE456BCA5D2FE6F674343_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionAxis_561EBF319E5EE456BCA5D2FE6F674343" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Related Party Transaction [Axis] </link:label>
<link:label id="lab_us-gaap_RelatedPartyTransactionAxis_561EBF319E5EE456BCA5D2FE6F674343_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionAxis_561EBF319E5EE456BCA5D2FE6F674343" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Related Party Transaction [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RelatedPartyTransactionAxis" xlink:label="loc_us-gaap_RelatedPartyTransactionAxis_561EBF319E5EE456BCA5D2FE6F674343" xlink:type="locator"/>
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<link:label id="lab_us-gaap_RelatedPartyTransactionDomain_FFEDE41AF8507F19F0DBD2FE6F67D2E8_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionDomain_FFEDE41AF8507F19F0DBD2FE6F67D2E8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Related Party Transaction [Domain] </link:label>
<link:label id="lab_us-gaap_RelatedPartyTransactionDomain_FFEDE41AF8507F19F0DBD2FE6F67D2E8_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionDomain_FFEDE41AF8507F19F0DBD2FE6F67D2E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Related Party Transaction [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RelatedPartyTransactionDomain" xlink:label="loc_us-gaap_RelatedPartyTransactionDomain_FFEDE41AF8507F19F0DBD2FE6F67D2E8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RelatedPartyTransactionDomain_FFEDE41AF8507F19F0DBD2FE6F67D2E8" xlink:to="lab_us-gaap_RelatedPartyTransactionDomain_FFEDE41AF8507F19F0DBD2FE6F67D2E8" xlink:type="arc"/>
<link:label id="lab_bk_NonbankSubsidiariesMember_C4B8FFC013EE7DC6898ED2FE6F67B07B_terseLabel_en-US" xlink:label="lab_bk_NonbankSubsidiariesMember_C4B8FFC013EE7DC6898ED2FE6F67B07B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Nonbank Subsidiaries </link:label>
<link:label id="lab_bk_NonbankSubsidiariesMember_C4B8FFC013EE7DC6898ED2FE6F67B07B_label_en-US" xlink:label="lab_bk_NonbankSubsidiariesMember_C4B8FFC013EE7DC6898ED2FE6F67B07B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Nonbank Subsidiaries [Member] </link:label>
<link:label id="lab_bk_NonbankSubsidiariesMember_C4B8FFC013EE7DC6898ED2FE6F67B07B_documentation_en-US" xlink:label="lab_bk_NonbankSubsidiariesMember_C4B8FFC013EE7DC6898ED2FE6F67B07B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Nonbank Subsidiaries </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_NonbankSubsidiariesMember" xlink:label="loc_bk_NonbankSubsidiariesMember_C4B8FFC013EE7DC6898ED2FE6F67B07B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_NonbankSubsidiariesMember_C4B8FFC013EE7DC6898ED2FE6F67B07B" xlink:to="lab_bk_NonbankSubsidiariesMember_C4B8FFC013EE7DC6898ED2FE6F67B07B" xlink:type="arc"/>
<link:label id="lab_bk_BankSubsidiariesMember_C19C9E4CAD0B161EF7F7D2FE6F6772F8_terseLabel_en-US" xlink:label="lab_bk_BankSubsidiariesMember_C19C9E4CAD0B161EF7F7D2FE6F6772F8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Bank Subsidiaries </link:label>
<link:label id="lab_bk_BankSubsidiariesMember_C19C9E4CAD0B161EF7F7D2FE6F6772F8_label_en-US" xlink:label="lab_bk_BankSubsidiariesMember_C19C9E4CAD0B161EF7F7D2FE6F6772F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Bank Subsidiaries [Member] </link:label>
<link:label id="lab_bk_BankSubsidiariesMember_C19C9E4CAD0B161EF7F7D2FE6F6772F8_documentation_en-US" xlink:label="lab_bk_BankSubsidiariesMember_C19C9E4CAD0B161EF7F7D2FE6F6772F8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Bank Subsidiaries </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_BankSubsidiariesMember" xlink:label="loc_bk_BankSubsidiariesMember_C19C9E4CAD0B161EF7F7D2FE6F6772F8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_BankSubsidiariesMember_C19C9E4CAD0B161EF7F7D2FE6F6772F8" xlink:to="lab_bk_BankSubsidiariesMember_C19C9E4CAD0B161EF7F7D2FE6F6772F8" xlink:type="arc"/>
<link:label id="lab_us-gaap_CondensedIncomeStatementsCaptionsLineItems_ECDD67C702E0F820B7BAD2FE6F6767D6_terseLabel_en-US" xlink:label="lab_us-gaap_CondensedIncomeStatementsCaptionsLineItems_ECDD67C702E0F820B7BAD2FE6F6767D6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Condensed Income Statements, Captions [Line Items] </link:label>
<link:label id="lab_us-gaap_CondensedIncomeStatementsCaptionsLineItems_ECDD67C702E0F820B7BAD2FE6F6767D6_label_en-US" xlink:label="lab_us-gaap_CondensedIncomeStatementsCaptionsLineItems_ECDD67C702E0F820B7BAD2FE6F6767D6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Condensed Income Statements, Captions [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="loc_us-gaap_CondensedIncomeStatementsCaptionsLineItems_ECDD67C702E0F820B7BAD2FE6F6767D6" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InvestmentIncomeDividend_5194F95B97673A6FC4E9D2FE6F67A79B_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentIncomeDividend_5194F95B97673A6FC4E9D2FE6F67A79B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Dividends from subsidiaries </link:label>
<link:label id="lab_us-gaap_InvestmentIncomeDividend_5194F95B97673A6FC4E9D2FE6F67A79B_label_en-US" xlink:label="lab_us-gaap_InvestmentIncomeDividend_5194F95B97673A6FC4E9D2FE6F67A79B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investment Income, Dividend </link:label>
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<link:label id="lab_us-gaap_InvestmentIncomeInterest_6618DFF09E18E1BA720AD2FE6F67EC23_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentIncomeInterest_6618DFF09E18E1BA720AD2FE6F67EC23" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest revenue from subsidiaries </link:label>
<link:label id="lab_us-gaap_InvestmentIncomeInterest_6618DFF09E18E1BA720AD2FE6F67EC23_label_en-US" xlink:label="lab_us-gaap_InvestmentIncomeInterest_6618DFF09E18E1BA720AD2FE6F67EC23" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investment Income, Interest </link:label>
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<link:label id="lab_bk_GainLossOnAvailableForSaleInvestments_B780C18C27EF5DFBD61DD2FE6F670B6A_terseLabel_en-US" xlink:label="lab_bk_GainLossOnAvailableForSaleInvestments_B780C18C27EF5DFBD61DD2FE6F670B6A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gain on securities held for sale </link:label>
<link:label id="lab_bk_GainLossOnAvailableForSaleInvestments_B780C18C27EF5DFBD61DD2FE6F670B6A_label_en-US" xlink:label="lab_bk_GainLossOnAvailableForSaleInvestments_B780C18C27EF5DFBD61DD2FE6F670B6A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Gain Loss On Available For Sale Investments </link:label>
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<link:label id="lab_us-gaap_OtherIncome_7F0F4E3FAC0CB7C15A6FD2FE6F676173_label_en-US" xlink:label="lab_us-gaap_OtherIncome_7F0F4E3FAC0CB7C15A6FD2FE6F676173" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Income </link:label>
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<link:label id="lab_us-gaap_OtherExpenses_FBA06845E0B85EBDEB3BD2FE6F67F5E7_label_en-US" xlink:label="lab_us-gaap_OtherExpenses_FBA06845E0B85EBDEB3BD2FE6F67F5E7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Expenses </link:label>
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<link:label id="lab_bk_IncomeLossBeforeIncomeTaxesAndEquityInUndistributedNetIncomeOfSubsidiaries_9C201A00F79E033632B3D2FE6F67D476_label_en-US" xlink:label="lab_bk_IncomeLossBeforeIncomeTaxesAndEquityInUndistributedNetIncomeOfSubsidiaries_9C201A00F79E033632B3D2FE6F67D476" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Loss Before Income Taxes And Equity In Undistributed Net Income Of Subsidiaries </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_243183D5D0F2F845849ED2FE6F6769F3" xlink:type="locator"/>
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<link:label id="lab_bk_EquityInUndistributedEarningsLossesOfSubsidiaries_82C275AF82DC16A5425ED2FE6F67CAD2_label_en-US" xlink:label="lab_bk_EquityInUndistributedEarningsLossesOfSubsidiaries_82C275AF82DC16A5425ED2FE6F67CAD2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity In Undistributed Earnings Losses Of Subsidiaries </link:label>
<link:label id="lab_bk_EquityInUndistributedEarningsLossesOfSubsidiaries_82C275AF82DC16A5425ED2FE6F67CAD2_documentation_en-US" xlink:label="lab_bk_EquityInUndistributedEarningsLossesOfSubsidiaries_82C275AF82DC16A5425ED2FE6F67CAD2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Equity in undistributed earnings (losses) of subsidiaries </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_EquityInUndistributedEarningsLossesOfSubsidiaries" xlink:label="loc_bk_EquityInUndistributedEarningsLossesOfSubsidiaries_82C275AF82DC16A5425ED2FE6F67CAD2" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NetIncomeLoss_EB99A0A783EE7D92C513D2FE6F67BB76_totalLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_EB99A0A783EE7D92C513D2FE6F67BB76" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net income applicable to shareholders of The Bank of New York Mellon Corporation </link:label>
<link:label id="lab_us-gaap_NetIncomeLoss_EB99A0A783EE7D92C513D2FE6F67BB76_label_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_EB99A0A783EE7D92C513D2FE6F67BB76" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Income (Loss) Attributable to Parent </link:label>
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<link:label id="lab_us-gaap_PreferredStockDividendsIncomeStatementImpact_CF23789DC0A4C887C525D2FE6F675747_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockDividendsIncomeStatementImpact_CF23789DC0A4C887C525D2FE6F675747" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock dividends </link:label>
<link:label id="lab_us-gaap_PreferredStockDividendsIncomeStatementImpact_CF23789DC0A4C887C525D2FE6F675747_label_en-US" xlink:label="lab_us-gaap_PreferredStockDividendsIncomeStatementImpact_CF23789DC0A4C887C525D2FE6F675747" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock Dividends, Income Statement Impact </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PreferredStockDividendsIncomeStatementImpact" xlink:label="loc_us-gaap_PreferredStockDividendsIncomeStatementImpact_CF23789DC0A4C887C525D2FE6F675747" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_E7936AE006C3C8B5B815D2FE6F67B246_totalLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_E7936AE006C3C8B5B815D2FE6F67B246" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net income applicable to common shareholders of The Bank of New York Mellon Corporation </link:label>
<link:label id="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_E7936AE006C3C8B5B815D2FE6F67B246_label_en-US" xlink:label="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_E7936AE006C3C8B5B815D2FE6F67B246" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Income (Loss) Available to Common Stockholders, Basic </link:label>
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<link:label id="lab_us-gaap_InterestExpenseRelatedParty_00C8A38D7BBE8EB96005D2FE6F67CB48_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseRelatedParty_00C8A38D7BBE8EB96005D2FE6F67CB48" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest expense, related party </link:label>
<link:label id="lab_us-gaap_InterestExpenseRelatedParty_00C8A38D7BBE8EB96005D2FE6F67CB48_label_en-US" xlink:label="lab_us-gaap_InterestExpenseRelatedParty_00C8A38D7BBE8EB96005D2FE6F67CB48" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Expense, Related Party </link:label>
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<link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_CFB678B968DF470E54DECA05B9C81854_label_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_CFB678B968DF470E54DECA05B9C81854" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table] </link:label>
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<link:label id="lab_us-gaap_AwardTypeAxis_9D77CEF081EEFD1C6549CA05B9C86A38_terseLabel_en-US" xlink:label="lab_us-gaap_AwardTypeAxis_9D77CEF081EEFD1C6549CA05B9C86A38" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Award Type [Axis] </link:label>
<link:label id="lab_us-gaap_AwardTypeAxis_9D77CEF081EEFD1C6549CA05B9C86A38_label_en-US" xlink:label="lab_us-gaap_AwardTypeAxis_9D77CEF081EEFD1C6549CA05B9C86A38" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Award Type [Axis] </link:label>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_1FD472320C34F37BD028CA05B9C880E8_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_1FD472320C34F37BD028CA05B9C880E8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Award Type [Domain] </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_1FD472320C34F37BD028CA05B9C880E8_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_1FD472320C34F37BD028CA05B9C880E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity Award [Domain] </link:label>
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<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_1FD472320C34F37BD028CA05B9C880E8" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_1FD472320C34F37BD028CA05B9C880E8" xlink:type="arc"/>
<link:label id="lab_bk_RestrictedStockAndRestrictedStockUnitsMember_A1FA5E2484F325155D55CA05B9C8A4D8_terseLabel_en-US" xlink:label="lab_bk_RestrictedStockAndRestrictedStockUnitsMember_A1FA5E2484F325155D55CA05B9C8A4D8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Restricted Stock and Restricted Stock Units </link:label>
<link:label id="lab_bk_RestrictedStockAndRestrictedStockUnitsMember_A1FA5E2484F325155D55CA05B9C8A4D8_label_en-US" xlink:label="lab_bk_RestrictedStockAndRestrictedStockUnitsMember_A1FA5E2484F325155D55CA05B9C8A4D8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Restricted Stock And Restricted Stock Units [Member] </link:label>
<link:label id="lab_bk_RestrictedStockAndRestrictedStockUnitsMember_A1FA5E2484F325155D55CA05B9C8A4D8_documentation_en-US" xlink:label="lab_bk_RestrictedStockAndRestrictedStockUnitsMember_A1FA5E2484F325155D55CA05B9C8A4D8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Restricted Stock and Restricted Stock Units [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_RestrictedStockAndRestrictedStockUnitsMember" xlink:label="loc_bk_RestrictedStockAndRestrictedStockUnitsMember_A1FA5E2484F325155D55CA05B9C8A4D8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5A090819D8C53E6DDEDACA05B9C8D869_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5A090819D8C53E6DDEDACA05B9C8D869" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award [Line Items] </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5A090819D8C53E6DDEDACA05B9C8D869_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5A090819D8C53E6DDEDACA05B9C8D869" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5A090819D8C53E6DDEDACA05B9C8D869" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_B003AFD8D4889C5D44D3CA05B9C892AC_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_B003AFD8D4889C5D44D3CA05B9C892AC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Number of Shares </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_B003AFD8D4889C5D44D3CA05B9C892AC_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_B003AFD8D4889C5D44D3CA05B9C892AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_B003AFD8D4889C5D44D3CA05B9C892AC" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_02ED7703BD137E76D780CA05B9C81C27_periodStartLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_02ED7703BD137E76D780CA05B9C81C27" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Nonvested restricted stock and RSUs, beginning balance (shares) </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_02ED7703BD137E76D780CA05B9C81C27_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_02ED7703BD137E76D780CA05B9C81C27" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_02ED7703BD137E76D780CA05B9C81C27" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_02ED7703BD137E76D780CA05B9C81C27" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_02ED7703BD137E76D780CA05B9C81C27" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_9D58DCAE3C86AD196866CA05B9C81B52_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_9D58DCAE3C86AD196866CA05B9C81B52" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Granted (shares) </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_9D58DCAE3C86AD196866CA05B9C81B52_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_9D58DCAE3C86AD196866CA05B9C81B52" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_9D58DCAE3C86AD196866CA05B9C81B52" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_9E98CA936013C2C99F2ACA05B9C8F221_negatedLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_9E98CA936013C2C99F2ACA05B9C8F221" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Vested (shares) </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_9E98CA936013C2C99F2ACA05B9C8F221_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_9E98CA936013C2C99F2ACA05B9C8F221" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_9E98CA936013C2C99F2ACA05B9C8F221" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_9691B6A12DC75A48ACBBCA05B9C8F280_negatedLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_9691B6A12DC75A48ACBBCA05B9C8F280" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Forfeited (shares) </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_9691B6A12DC75A48ACBBCA05B9C8F280_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_9691B6A12DC75A48ACBBCA05B9C8F280" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_9691B6A12DC75A48ACBBCA05B9C8F280" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_BA78D1A8B3E44E6755B2CA05B9C86229_periodEndLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_BA78D1A8B3E44E6755B2CA05B9C86229" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Nonvested restricted stock and RSUs, ending balance (shares) </link:label>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_17B7FAF346D8AA42FA12CA05B9C850D4_periodStartLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_17B7FAF346D8AA42FA12CA05B9C850D4" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Nonvested restricted stock and RSUs, beginning balance (usd per share) </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_17B7FAF346D8AA42FA12CA05B9C850D4_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_17B7FAF346D8AA42FA12CA05B9C850D4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value </link:label>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_DFFC8C8513CF47BE529BCA05B9C97552_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_DFFC8C8513CF47BE529BCA05B9C97552" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Granted (usd per share) </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_DFFC8C8513CF47BE529BCA05B9C97552_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_DFFC8C8513CF47BE529BCA05B9C97552" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value </link:label>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_21A6807EF848035DA29CCA05B9C956B1_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_21A6807EF848035DA29CCA05B9C956B1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Vested (usd per share) </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_21A6807EF848035DA29CCA05B9C956B1_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_21A6807EF848035DA29CCA05B9C956B1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value </link:label>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_DB55D75B8C9D09815805CA05B9C91EA4_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_DB55D75B8C9D09815805CA05B9C91EA4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Forfeited (usd per share) </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_DB55D75B8C9D09815805CA05B9C91EA4_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_DB55D75B8C9D09815805CA05B9C91EA4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value </link:label>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_44CDE5BBAE205370B7C0CA05B9C985F6_periodEndLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_44CDE5BBAE205370B7C0CA05B9C985F6" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Nonvested restricted stock and RSUs, ending balance (usd per share) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_44CDE5BBAE205370B7C0CA05B9C985F6" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CondensedCashFlowStatementTable_B9425885617A9C5FFA29D2FE6F5BAFA2_terseLabel_en-US" xlink:label="lab_us-gaap_CondensedCashFlowStatementTable_B9425885617A9C5FFA29D2FE6F5BAFA2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Condensed Cash Flow Statement [Table] </link:label>
<link:label id="lab_us-gaap_CondensedCashFlowStatementTable_B9425885617A9C5FFA29D2FE6F5BAFA2_label_en-US" xlink:label="lab_us-gaap_CondensedCashFlowStatementTable_B9425885617A9C5FFA29D2FE6F5BAFA2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Condensed Cash Flow Statement [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CondensedCashFlowStatementTable" xlink:label="loc_us-gaap_CondensedCashFlowStatementTable_B9425885617A9C5FFA29D2FE6F5BAFA2" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8EA3953F785ABE9D6536D2FE6F5B66AD_terseLabel_en-US" xlink:label="lab_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8EA3953F785ABE9D6536D2FE6F5B66AD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Condensed Cash Flow Statements, Captions [Line Items] </link:label>
<link:label id="lab_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8EA3953F785ABE9D6536D2FE6F5B66AD_label_en-US" xlink:label="lab_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8EA3953F785ABE9D6536D2FE6F5B66AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Condensed Cash Flow Statements, Captions [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="loc_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_8EA3953F785ABE9D6536D2FE6F5B66AD" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NetIncomeLoss_AC54EB9F2E78EC6ADDA9D301145CCFD9_terseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_AC54EB9F2E78EC6ADDA9D301145CCFD9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net income </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_AC54EB9F2E78EC6ADDA9D301145CCFD9" xlink:type="locator"/>
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<link:label id="lab_bk_EquityInUndistributedEarningsLossesOfSubsidiaries_72039C74D6BE4D2057C6D2FE6F5B51EE_negatedLabel_en-US" xlink:label="lab_bk_EquityInUndistributedEarningsLossesOfSubsidiaries_72039C74D6BE4D2057C6D2FE6F5B51EE" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Equity in undistributed net (income) of subsidiaries </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_EquityInUndistributedEarningsLossesOfSubsidiaries" xlink:label="loc_bk_EquityInUndistributedEarningsLossesOfSubsidiaries_72039C74D6BE4D2057C6D2FE6F5B51EE" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet_4DA5680F922DE3C14ED8D2FE6F5B3811_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet_4DA5680F922DE3C14ED8D2FE6F5B3811" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Change in accrued interest receivable </link:label>
<link:label id="lab_us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet_4DA5680F922DE3C14ED8D2FE6F5B3811_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet_4DA5680F922DE3C14ED8D2FE6F5B3811" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Accrued Interest Receivable, Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet" xlink:label="loc_us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet_4DA5680F922DE3C14ED8D2FE6F5B3811" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncreaseDecreaseInInterestPayableNet_0BD269EEFE062BBF311ED2FE6F5B32F7_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInInterestPayableNet_0BD269EEFE062BBF311ED2FE6F5B32F7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in accrued interest payable </link:label>
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<link:label id="lab_us-gaap_OtherNoncashIncomeExpense_6978B33DCCA9506F1128D2FE6F5B2286_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OtherNoncashIncomeExpense_6978B33DCCA9506F1128D2FE6F5B2286" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Other, net </link:label>
<link:label id="lab_us-gaap_OtherNoncashIncomeExpense_6978B33DCCA9506F1128D2FE6F5B2286_label_en-US" xlink:label="lab_us-gaap_OtherNoncashIncomeExpense_6978B33DCCA9506F1128D2FE6F5B2286" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Noncash Income (Expense) </link:label>
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<link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_3D92157673A9C16A5245D2FE6F5BE2C0_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_3D92157673A9C16A5245D2FE6F5BE2C0" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net cash provided by operating activities </link:label>
<link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_3D92157673A9C16A5245D2FE6F5BE2C0_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_3D92157673A9C16A5245D2FE6F5BE2C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Operating Activities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_3D92157673A9C16A5245D2FE6F5BE2C0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_3D92157673A9C16A5245D2FE6F5BE2C0" xlink:to="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_3D92157673A9C16A5245D2FE6F5BE2C0" xlink:type="arc"/>
<link:label id="lab_us-gaap_PaymentsToAcquireMarketableSecurities_F1A4C89DEADE89419DA5D2FE6F5B46E2_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireMarketableSecurities_F1A4C89DEADE89419DA5D2FE6F5B46E2" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Purchases of securities </link:label>
<link:label id="lab_us-gaap_PaymentsToAcquireMarketableSecurities_F1A4C89DEADE89419DA5D2FE6F5B46E2_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireMarketableSecurities_F1A4C89DEADE89419DA5D2FE6F5B46E2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments to Acquire Marketable Securities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsToAcquireMarketableSecurities" xlink:label="loc_us-gaap_PaymentsToAcquireMarketableSecurities_F1A4C89DEADE89419DA5D2FE6F5B46E2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireMarketableSecurities_F1A4C89DEADE89419DA5D2FE6F5B46E2" xlink:to="lab_us-gaap_PaymentsToAcquireMarketableSecurities_F1A4C89DEADE89419DA5D2FE6F5B46E2" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities_19F7AF7CB9E4928D5106D2FE6F5B7DEC_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities_19F7AF7CB9E4928D5106D2FE6F5B7DEC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds from sales of securities </link:label>
<link:label id="lab_us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities_19F7AF7CB9E4928D5106D2FE6F5B7DEC_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities_19F7AF7CB9E4928D5106D2FE6F5B7DEC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Sale and Maturity of Marketable Securities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities" xlink:label="loc_us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities_19F7AF7CB9E4928D5106D2FE6F5B7DEC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities_19F7AF7CB9E4928D5106D2FE6F5B7DEC" xlink:to="lab_us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities_19F7AF7CB9E4928D5106D2FE6F5B7DEC" xlink:type="arc"/>
<link:label id="lab_us-gaap_PaymentsForProceedsFromLoansAndLeases_D7E3B955F3FFAFF6FA4AD2FE6F5BED8E_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromLoansAndLeases_D7E3B955F3FFAFF6FA4AD2FE6F5BED8E" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Change in loans </link:label>
<link:label id="lab_us-gaap_PaymentsForProceedsFromLoansAndLeases_D7E3B955F3FFAFF6FA4AD2FE6F5BED8E_label_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromLoansAndLeases_D7E3B955F3FFAFF6FA4AD2FE6F5BED8E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments for (Proceeds from) Loans and Leases </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsForProceedsFromLoansAndLeases" xlink:label="loc_us-gaap_PaymentsForProceedsFromLoansAndLeases_D7E3B955F3FFAFF6FA4AD2FE6F5BED8E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForProceedsFromLoansAndLeases_D7E3B955F3FFAFF6FA4AD2FE6F5BED8E" xlink:to="lab_us-gaap_PaymentsForProceedsFromLoansAndLeases_D7E3B955F3FFAFF6FA4AD2FE6F5BED8E" xlink:type="arc"/>
<link:label id="lab_bk_PaymentsToAcquireProceedsFromDivestitureInterestInSubsidiariesAndAffiliates_D0A956946B5EF067D5F1D2FE6F5B965E_negatedTerseLabel_en-US" xlink:label="lab_bk_PaymentsToAcquireProceedsFromDivestitureInterestInSubsidiariesAndAffiliates_D0A956946B5EF067D5F1D2FE6F5B965E" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Acquisitions of, investments in, and advances to subsidiaries </link:label>
<link:label id="lab_bk_PaymentsToAcquireProceedsFromDivestitureInterestInSubsidiariesAndAffiliates_D0A956946B5EF067D5F1D2FE6F5B965E_label_en-US" xlink:label="lab_bk_PaymentsToAcquireProceedsFromDivestitureInterestInSubsidiariesAndAffiliates_D0A956946B5EF067D5F1D2FE6F5B965E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments To Acquire (Proceeds From Divestiture), Interest In Subsidiaries And Affiliates </link:label>
<link:label id="lab_bk_PaymentsToAcquireProceedsFromDivestitureInterestInSubsidiariesAndAffiliates_D0A956946B5EF067D5F1D2FE6F5B965E_documentation_en-US" xlink:label="lab_bk_PaymentsToAcquireProceedsFromDivestitureInterestInSubsidiariesAndAffiliates_D0A956946B5EF067D5F1D2FE6F5B965E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Payments To Acquire (Proceeds From Divestiture), Interest In Subsidiaries And Affiliates </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_PaymentsToAcquireProceedsFromDivestitureInterestInSubsidiariesAndAffiliates" xlink:label="loc_bk_PaymentsToAcquireProceedsFromDivestitureInterestInSubsidiariesAndAffiliates_D0A956946B5EF067D5F1D2FE6F5B965E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_PaymentsToAcquireProceedsFromDivestitureInterestInSubsidiariesAndAffiliates_D0A956946B5EF067D5F1D2FE6F5B965E" xlink:to="lab_bk_PaymentsToAcquireProceedsFromDivestitureInterestInSubsidiariesAndAffiliates_D0A956946B5EF067D5F1D2FE6F5B965E" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromSaleOfOtherAssetsInvestingActivities_23BC9BAD1E708EDC1D29D2FE6F5BFCBD_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfOtherAssetsInvestingActivities_23BC9BAD1E708EDC1D29D2FE6F5BFCBD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other, net </link:label>
<link:label id="lab_us-gaap_ProceedsFromSaleOfOtherAssetsInvestingActivities_23BC9BAD1E708EDC1D29D2FE6F5BFCBD_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfOtherAssetsInvestingActivities_23BC9BAD1E708EDC1D29D2FE6F5BFCBD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Sale of Other Assets, Investing Activities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromSaleOfOtherAssetsInvestingActivities" xlink:label="loc_us-gaap_ProceedsFromSaleOfOtherAssetsInvestingActivities_23BC9BAD1E708EDC1D29D2FE6F5BFCBD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSaleOfOtherAssetsInvestingActivities_23BC9BAD1E708EDC1D29D2FE6F5BFCBD" xlink:to="lab_us-gaap_ProceedsFromSaleOfOtherAssetsInvestingActivities_23BC9BAD1E708EDC1D29D2FE6F5BFCBD" xlink:type="arc"/>
<link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_14997DC76B855E5FCF1DD2FE6F5B3ECC_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_14997DC76B855E5FCF1DD2FE6F5B3ECC" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net cash (used for) provided by investing activities </link:label>
<link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_14997DC76B855E5FCF1DD2FE6F5B3ECC_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_14997DC76B855E5FCF1DD2FE6F5B3ECC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Investing Activities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_14997DC76B855E5FCF1DD2FE6F5B3ECC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_14997DC76B855E5FCF1DD2FE6F5B3ECC" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_14997DC76B855E5FCF1DD2FE6F5B3ECC" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_514A9D8C68BC510D770DD2FE6F5BBB9A_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_514A9D8C68BC510D770DD2FE6F5BBB9A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net proceeds from the issuance of long-term debt </link:label>
<link:label id="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_514A9D8C68BC510D770DD2FE6F5BBB9A_label_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_514A9D8C68BC510D770DD2FE6F5BBB9A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Issuance of Long-term Debt </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromIssuanceOfLongTermDebt" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfLongTermDebt_514A9D8C68BC510D770DD2FE6F5BBB9A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromIssuanceOfLongTermDebt_514A9D8C68BC510D770DD2FE6F5BBB9A" xlink:to="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_514A9D8C68BC510D770DD2FE6F5BBB9A" xlink:type="arc"/>
<link:label id="lab_us-gaap_RepaymentsOfLongTermDebt_E56A6DA347B8273ECDE7D2FE6F5B4DE6_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_RepaymentsOfLongTermDebt_E56A6DA347B8273ECDE7D2FE6F5B4DE6" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Repayments of long-term debt </link:label>
<link:label id="lab_us-gaap_RepaymentsOfLongTermDebt_E56A6DA347B8273ECDE7D2FE6F5B4DE6_label_en-US" xlink:label="lab_us-gaap_RepaymentsOfLongTermDebt_E56A6DA347B8273ECDE7D2FE6F5B4DE6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Repayments of Long-term Debt </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="loc_us-gaap_RepaymentsOfLongTermDebt_E56A6DA347B8273ECDE7D2FE6F5B4DE6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RepaymentsOfLongTermDebt_E56A6DA347B8273ECDE7D2FE6F5B4DE6" xlink:to="lab_us-gaap_RepaymentsOfLongTermDebt_E56A6DA347B8273ECDE7D2FE6F5B4DE6" xlink:type="arc"/>
<link:label id="lab_bk_PaymentsForProceedsFromIntercompanyAdvancesFromFinancingActivities_43D84A04719AA9E2DB14D2FE6F5B50DE_terseLabel_en-US" xlink:label="lab_bk_PaymentsForProceedsFromIntercompanyAdvancesFromFinancingActivities_43D84A04719AA9E2DB14D2FE6F5B50DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in advances from subsidiaries </link:label>
<link:label id="lab_bk_PaymentsForProceedsFromIntercompanyAdvancesFromFinancingActivities_43D84A04719AA9E2DB14D2FE6F5B50DE_label_en-US" xlink:label="lab_bk_PaymentsForProceedsFromIntercompanyAdvancesFromFinancingActivities_43D84A04719AA9E2DB14D2FE6F5B50DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments For Proceeds From Intercompany Advances From Financing Activities </link:label>
<link:label id="lab_bk_PaymentsForProceedsFromIntercompanyAdvancesFromFinancingActivities_43D84A04719AA9E2DB14D2FE6F5B50DE_documentation_en-US" xlink:label="lab_bk_PaymentsForProceedsFromIntercompanyAdvancesFromFinancingActivities_43D84A04719AA9E2DB14D2FE6F5B50DE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The net cash outflow (inflow) from intercompany advances from financing activities. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_PaymentsForProceedsFromIntercompanyAdvancesFromFinancingActivities" xlink:label="loc_bk_PaymentsForProceedsFromIntercompanyAdvancesFromFinancingActivities_43D84A04719AA9E2DB14D2FE6F5B50DE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_PaymentsForProceedsFromIntercompanyAdvancesFromFinancingActivities_43D84A04719AA9E2DB14D2FE6F5B50DE" xlink:to="lab_bk_PaymentsForProceedsFromIntercompanyAdvancesFromFinancingActivities_43D84A04719AA9E2DB14D2FE6F5B50DE" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_A80DFAE818FFE65C81D4D2FE6F5B53E0_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_A80DFAE818FFE65C81D4D2FE6F5B53E0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Issuance of common stock </link:label>
<link:label id="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_A80DFAE818FFE65C81D4D2FE6F5B53E0_label_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_A80DFAE818FFE65C81D4D2FE6F5B53E0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Issuance of Common Stock </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfCommonStock_A80DFAE818FFE65C81D4D2FE6F5B53E0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromIssuanceOfCommonStock_A80DFAE818FFE65C81D4D2FE6F5B53E0" xlink:to="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_A80DFAE818FFE65C81D4D2FE6F5B53E0" xlink:type="arc"/>
<link:label id="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_DA20A242941AA1634D33D2FE6F5BBB4B_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_DA20A242941AA1634D33D2FE6F5BBB4B" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Treasury stock acquired </link:label>
<link:label id="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_DA20A242941AA1634D33D2FE6F5BBB4B_label_en-US" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_DA20A242941AA1634D33D2FE6F5BBB4B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments for Repurchase of Common Stock </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_DA20A242941AA1634D33D2FE6F5BBB4B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_DA20A242941AA1634D33D2FE6F5BBB4B" xlink:to="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_DA20A242941AA1634D33D2FE6F5BBB4B" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_8892EE7EFBCE5D7901D6D2FE6F5BB5BE_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_8892EE7EFBCE5D7901D6D2FE6F5BB5BE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Issuance of preferred stock </link:label>
<link:label id="lab_us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_8892EE7EFBCE5D7901D6D2FE6F5BB5BE_label_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_8892EE7EFBCE5D7901D6D2FE6F5BB5BE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Issuance of Preferred Stock and Preference Stock </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_8892EE7EFBCE5D7901D6D2FE6F5BB5BE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_8892EE7EFBCE5D7901D6D2FE6F5BB5BE" xlink:to="lab_us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_8892EE7EFBCE5D7901D6D2FE6F5BB5BE" xlink:type="arc"/>
<link:label id="lab_us-gaap_PaymentsOfDividends_8088084A480ADB186FB8D2FE6F5B1F3F_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfDividends_8088084A480ADB186FB8D2FE6F5B1F3F" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Cash dividends paid </link:label>
<link:label id="lab_us-gaap_PaymentsOfDividends_8088084A480ADB186FB8D2FE6F5B1F3F_label_en-US" xlink:label="lab_us-gaap_PaymentsOfDividends_8088084A480ADB186FB8D2FE6F5B1F3F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments of Dividends </link:label>
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<link:label id="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_35D0CAD0EEFA1AEB8DE5D2FE6F5BFFB9_terseLabel_en-US" xlink:label="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_35D0CAD0EEFA1AEB8DE5D2FE6F5BFFB9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Tax benefit realized on share based payment awards </link:label>
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<link:label id="lab_us-gaap_InterestPaidNet_EB217878B1704FFFDA5FD2FE6F5BF0E1_terseLabel_en-US" xlink:label="lab_us-gaap_InterestPaidNet_EB217878B1704FFFDA5FD2FE6F5BF0E1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest paid </link:label>
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<link:label id="lab_us-gaap_ProceedsFromIncomeTaxRefunds_2F24F538168A92EB9AEED2FE6F5B7FD3_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIncomeTaxRefunds_2F24F538168A92EB9AEED2FE6F5B7FD3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income taxes refunded </link:label>
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<link:label id="lab_bk_IncomeTaxesReceivedFromPaidToSubsidiaries_0F81F31D0212C501D6ECD2FE6F5B17C7_terseLabel_en-US" xlink:label="lab_bk_IncomeTaxesReceivedFromPaidToSubsidiaries_0F81F31D0212C501D6ECD2FE6F5B17C7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Payments received from subsidiaries for taxes </link:label>
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<link:loc xlink:href="bk-20171231.xsd#bk_IncomeTaxesReceivedFromPaidToSubsidiaries" xlink:label="loc_bk_IncomeTaxesReceivedFromPaidToSubsidiaries_0F81F31D0212C501D6ECD2FE6F5B17C7" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates_D4688E0E625B96D5C238D2FE6F5B8E40_terseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates_D4688E0E625B96D5C238D2FE6F5B8E40" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Payments for acquisition of investments in and advances to subsidiaries </link:label>
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<link:label id="lab_us-gaap_StatementOfStockholdersEquityAbstract_8E5BE7EF894861779199CA05BB2F4F02_label_en-US" xlink:label="lab_us-gaap_StatementOfStockholdersEquityAbstract_8E5BE7EF894861779199CA05BB2F4F02" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Statement of Stockholders' Equity [Abstract] </link:label>
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<link:label id="lab_us-gaap_TypeOfAdoptionMember_3826C4370D7465567F6ECA05BB305950_terseLabel_en-US" xlink:label="lab_us-gaap_TypeOfAdoptionMember_3826C4370D7465567F6ECA05BB305950" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Type of Adoption [Domain] </link:label>
<link:label id="lab_us-gaap_TypeOfAdoptionMember_3826C4370D7465567F6ECA05BB305950_label_en-US" xlink:label="lab_us-gaap_TypeOfAdoptionMember_3826C4370D7465567F6ECA05BB305950" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Type of Adoption [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TypeOfAdoptionMember" xlink:label="loc_us-gaap_TypeOfAdoptionMember_3826C4370D7465567F6ECA05BB305950" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TypeOfAdoptionMember_3826C4370D7465567F6ECA05BB305950" xlink:to="lab_us-gaap_TypeOfAdoptionMember_3826C4370D7465567F6ECA05BB305950" xlink:type="arc"/>
<link:label id="lab_us-gaap_CumulativeEffectAdjustmentConsolidationOfVariableInterestEntityMember_D1E5ABA6D1F23EE3FE24CA05BB3044AB_terseLabel_en-US" xlink:label="lab_us-gaap_CumulativeEffectAdjustmentConsolidationOfVariableInterestEntityMember_D1E5ABA6D1F23EE3FE24CA05BB3044AB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Consolidation of Variable Interest Entity </link:label>
<link:label id="lab_us-gaap_CumulativeEffectAdjustmentConsolidationOfVariableInterestEntityMember_D1E5ABA6D1F23EE3FE24CA05BB3044AB_label_en-US" xlink:label="lab_us-gaap_CumulativeEffectAdjustmentConsolidationOfVariableInterestEntityMember_D1E5ABA6D1F23EE3FE24CA05BB3044AB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cumulative-Effect Adjustment, Consolidation of Variable Interest Entity [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CumulativeEffectAdjustmentConsolidationOfVariableInterestEntityMember" xlink:label="loc_us-gaap_CumulativeEffectAdjustmentConsolidationOfVariableInterestEntityMember_D1E5ABA6D1F23EE3FE24CA05BB3044AB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CumulativeEffectAdjustmentConsolidationOfVariableInterestEntityMember_D1E5ABA6D1F23EE3FE24CA05BB3044AB" xlink:to="lab_us-gaap_CumulativeEffectAdjustmentConsolidationOfVariableInterestEntityMember_D1E5ABA6D1F23EE3FE24CA05BB3044AB" xlink:type="arc"/>
<link:label id="lab_us-gaap_CumulativeEffectAdjustmentDeconsolidationOfVariableInterestEntityMember_71D8EC6BF1414FA36767CA05BB307B7C_terseLabel_en-US" xlink:label="lab_us-gaap_CumulativeEffectAdjustmentDeconsolidationOfVariableInterestEntityMember_71D8EC6BF1414FA36767CA05BB307B7C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deconsolidation of Variable Interest Entity </link:label>
<link:label id="lab_us-gaap_CumulativeEffectAdjustmentDeconsolidationOfVariableInterestEntityMember_71D8EC6BF1414FA36767CA05BB307B7C_label_en-US" xlink:label="lab_us-gaap_CumulativeEffectAdjustmentDeconsolidationOfVariableInterestEntityMember_71D8EC6BF1414FA36767CA05BB307B7C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cumulative-Effect Adjustment, Deconsolidation of Variable Interest Entity [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CumulativeEffectAdjustmentDeconsolidationOfVariableInterestEntityMember" xlink:label="loc_us-gaap_CumulativeEffectAdjustmentDeconsolidationOfVariableInterestEntityMember_71D8EC6BF1414FA36767CA05BB307B7C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CumulativeEffectAdjustmentDeconsolidationOfVariableInterestEntityMember_71D8EC6BF1414FA36767CA05BB307B7C" xlink:to="lab_us-gaap_CumulativeEffectAdjustmentDeconsolidationOfVariableInterestEntityMember_71D8EC6BF1414FA36767CA05BB307B7C" xlink:type="arc"/>
<link:label id="lab_us-gaap_StatementEquityComponentsAxis_D47816C35783449230F1CA05BB30130F_terseLabel_en-US" xlink:label="lab_us-gaap_StatementEquityComponentsAxis_D47816C35783449230F1CA05BB30130F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Equity Components [Axis] </link:label>
<link:label id="lab_us-gaap_StatementEquityComponentsAxis_D47816C35783449230F1CA05BB30130F_label_en-US" xlink:label="lab_us-gaap_StatementEquityComponentsAxis_D47816C35783449230F1CA05BB30130F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity Components [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="loc_us-gaap_StatementEquityComponentsAxis_D47816C35783449230F1CA05BB30130F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_D47816C35783449230F1CA05BB30130F" xlink:to="lab_us-gaap_StatementEquityComponentsAxis_D47816C35783449230F1CA05BB30130F" xlink:type="arc"/>
<link:label id="lab_us-gaap_EquityComponentDomain_AA587A7B2B08E581FAAFCA05BB30D694_terseLabel_en-US" xlink:label="lab_us-gaap_EquityComponentDomain_AA587A7B2B08E581FAAFCA05BB30D694" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Equity Component [Domain] </link:label>
<link:label id="lab_us-gaap_EquityComponentDomain_AA587A7B2B08E581FAAFCA05BB30D694_label_en-US" xlink:label="lab_us-gaap_EquityComponentDomain_AA587A7B2B08E581FAAFCA05BB30D694" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity Component [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="loc_us-gaap_EquityComponentDomain_AA587A7B2B08E581FAAFCA05BB30D694" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityComponentDomain_AA587A7B2B08E581FAAFCA05BB30D694" xlink:to="lab_us-gaap_EquityComponentDomain_AA587A7B2B08E581FAAFCA05BB30D694" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockMember_23906AFF14D3917D5208CA05BB30E413_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockMember_23906AFF14D3917D5208CA05BB30E413" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock </link:label>
<link:label id="lab_us-gaap_PreferredStockMember_23906AFF14D3917D5208CA05BB30E413_label_en-US" xlink:label="lab_us-gaap_PreferredStockMember_23906AFF14D3917D5208CA05BB30E413" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PreferredStockMember" xlink:label="loc_us-gaap_PreferredStockMember_23906AFF14D3917D5208CA05BB30E413" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CommonStockMember_35A5B3E7C6B7A21A3F39CA05BB30E465_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockMember_35A5B3E7C6B7A21A3F39CA05BB30E465" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common stock </link:label>
<link:label id="lab_us-gaap_CommonStockMember_35A5B3E7C6B7A21A3F39CA05BB30E465_label_en-US" xlink:label="lab_us-gaap_CommonStockMember_35A5B3E7C6B7A21A3F39CA05BB30E465" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Stock [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonStockMember" xlink:label="loc_us-gaap_CommonStockMember_35A5B3E7C6B7A21A3F39CA05BB30E465" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AdditionalPaidInCapitalMember_02A8AA922FB56B30A9ABCA05BB301705_terseLabel_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapitalMember_02A8AA922FB56B30A9ABCA05BB301705" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Additional paid-in capital </link:label>
<link:label id="lab_us-gaap_AdditionalPaidInCapitalMember_02A8AA922FB56B30A9ABCA05BB301705_label_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapitalMember_02A8AA922FB56B30A9ABCA05BB301705" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Additional Paid-in Capital [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AdditionalPaidInCapitalMember" xlink:label="loc_us-gaap_AdditionalPaidInCapitalMember_02A8AA922FB56B30A9ABCA05BB301705" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdditionalPaidInCapitalMember_02A8AA922FB56B30A9ABCA05BB301705" xlink:to="lab_us-gaap_AdditionalPaidInCapitalMember_02A8AA922FB56B30A9ABCA05BB301705" xlink:type="arc"/>
<link:label id="lab_us-gaap_RetainedEarningsMember_A6229E3858150E25E88DCA05BB3086A3_terseLabel_en-US" xlink:label="lab_us-gaap_RetainedEarningsMember_A6229E3858150E25E88DCA05BB3086A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Retained earnings </link:label>
<link:label id="lab_us-gaap_RetainedEarningsMember_A6229E3858150E25E88DCA05BB3086A3_label_en-US" xlink:label="lab_us-gaap_RetainedEarningsMember_A6229E3858150E25E88DCA05BB3086A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Retained Earnings [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RetainedEarningsMember" xlink:label="loc_us-gaap_RetainedEarningsMember_A6229E3858150E25E88DCA05BB3086A3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RetainedEarningsMember_A6229E3858150E25E88DCA05BB3086A3" xlink:to="lab_us-gaap_RetainedEarningsMember_A6229E3858150E25E88DCA05BB3086A3" xlink:type="arc"/>
<link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_491D476480C7627624F6CA05BB307B9D_verboseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_491D476480C7627624F6CA05BB307B9D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Accumulated other comprehensive (loss) income, net of tax </link:label>
<link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_491D476480C7627624F6CA05BB307B9D_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_491D476480C7627624F6CA05BB307B9D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> AOCI Attributable to Parent [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeMember_491D476480C7627624F6CA05BB307B9D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedOtherComprehensiveIncomeMember_491D476480C7627624F6CA05BB307B9D" xlink:to="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_491D476480C7627624F6CA05BB307B9D" xlink:type="arc"/>
<link:label id="lab_us-gaap_TreasuryStockMember_E316E02CE72B6EA67978CA05BB30A366_terseLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockMember_E316E02CE72B6EA67978CA05BB30A366" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Treasury stock </link:label>
<link:label id="lab_us-gaap_TreasuryStockMember_E316E02CE72B6EA67978CA05BB30A366_label_en-US" xlink:label="lab_us-gaap_TreasuryStockMember_E316E02CE72B6EA67978CA05BB30A366" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Treasury Stock [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TreasuryStockMember" xlink:label="loc_us-gaap_TreasuryStockMember_E316E02CE72B6EA67978CA05BB30A366" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TreasuryStockMember_E316E02CE72B6EA67978CA05BB30A366" xlink:to="lab_us-gaap_TreasuryStockMember_E316E02CE72B6EA67978CA05BB30A366" xlink:type="arc"/>
<link:label id="lab_bk_NoncontrollingInterestInConsolidatedEntityMember_F866E119D18606E09C6CCA05BB31AB38_terseLabel_en-US" xlink:label="lab_bk_NoncontrollingInterestInConsolidatedEntityMember_F866E119D18606E09C6CCA05BB31AB38" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Non- redeemable noncontrolling interests of consolidated investment management funds </link:label>
<link:label id="lab_bk_NoncontrollingInterestInConsolidatedEntityMember_F866E119D18606E09C6CCA05BB31AB38_label_en-US" xlink:label="lab_bk_NoncontrollingInterestInConsolidatedEntityMember_F866E119D18606E09C6CCA05BB31AB38" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noncontrolling Interest In Consolidated Entity [Member] </link:label>
<link:label id="lab_bk_NoncontrollingInterestInConsolidatedEntityMember_F866E119D18606E09C6CCA05BB31AB38_documentation_en-US" xlink:label="lab_bk_NoncontrollingInterestInConsolidatedEntityMember_F866E119D18606E09C6CCA05BB31AB38" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Noncontrolling Interest In Consolidated Entity </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_NoncontrollingInterestInConsolidatedEntityMember" xlink:label="loc_bk_NoncontrollingInterestInConsolidatedEntityMember_F866E119D18606E09C6CCA05BB31AB38" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_NoncontrollingInterestInConsolidatedEntityMember_F866E119D18606E09C6CCA05BB31AB38" xlink:to="lab_bk_NoncontrollingInterestInConsolidatedEntityMember_F866E119D18606E09C6CCA05BB31AB38" xlink:type="arc"/>
<link:label id="lab_bk_TemporaryEquityRedeemableNoncontrollingInterestsMember_8D79B60258B7D3B03F4BCA05BB317154_terseLabel_en-US" xlink:label="lab_bk_TemporaryEquityRedeemableNoncontrollingInterestsMember_8D79B60258B7D3B03F4BCA05BB317154" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Redeemable non- controlling interests/ temporary equity </link:label>
<link:label id="lab_bk_TemporaryEquityRedeemableNoncontrollingInterestsMember_8D79B60258B7D3B03F4BCA05BB317154_label_en-US" xlink:label="lab_bk_TemporaryEquityRedeemableNoncontrollingInterestsMember_8D79B60258B7D3B03F4BCA05BB317154" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Temporary Equity Redeemable Noncontrolling Interests [Member] </link:label>
<link:label id="lab_bk_TemporaryEquityRedeemableNoncontrollingInterestsMember_8D79B60258B7D3B03F4BCA05BB317154_documentation_en-US" xlink:label="lab_bk_TemporaryEquityRedeemableNoncontrollingInterestsMember_8D79B60258B7D3B03F4BCA05BB317154" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Redeemable Noncontrolling Interests Temporary Equity </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_TemporaryEquityRedeemableNoncontrollingInterestsMember" xlink:label="loc_bk_TemporaryEquityRedeemableNoncontrollingInterestsMember_8D79B60258B7D3B03F4BCA05BB317154" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StatementLineItems_C926C2161A6F04895592CA05BB316B3C_terseLabel_en-US" xlink:label="lab_us-gaap_StatementLineItems_C926C2161A6F04895592CA05BB316B3C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Statement [Line Items] </link:label>
<link:label id="lab_us-gaap_StatementLineItems_C926C2161A6F04895592CA05BB316B3C_label_en-US" xlink:label="lab_us-gaap_StatementLineItems_C926C2161A6F04895592CA05BB316B3C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Statement [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaap_StatementLineItems_C926C2161A6F04895592CA05BB316B3C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_64DD38A5ECA17EA885CECA05BB313441_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_64DD38A5ECA17EA885CECA05BB313441" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Stockholders' Equity [Roll Forward] </link:label>
<link:label id="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_64DD38A5ECA17EA885CECA05BB313441_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_64DD38A5ECA17EA885CECA05BB313441" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Stockholders' Equity [Roll Forward] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInStockholdersEquityRollForward" xlink:label="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_64DD38A5ECA17EA885CECA05BB313441" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_FB334E548EB6D863E683CA05BB3197E7_periodStartLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_FB334E548EB6D863E683CA05BB3197E7" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Beginning Balance </link:label>
<link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_FB334E548EB6D863E683CA05BB3197E7_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_FB334E548EB6D863E683CA05BB3197E7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_FB334E548EB6D863E683CA05BB3197E7" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_EAF5CC8E4E28D3F6E606CA05BB31D1B1_terseLabel_en-US" xlink:label="lab_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_EAF5CC8E4E28D3F6E606CA05BB31D1B1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Adjustment for the cumulative affect of applying ASU 2015-02 </link:label>
<link:label id="lab_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_EAF5CC8E4E28D3F6E606CA05BB31D1B1_label_en-US" xlink:label="lab_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_EAF5CC8E4E28D3F6E606CA05BB31D1B1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cumulative Effect of New Accounting Principle in Period of Adoption </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption" xlink:label="loc_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_EAF5CC8E4E28D3F6E606CA05BB31D1B1" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1_D3AAE58F025604D9447FCA05BB3118AA_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1_D3AAE58F025604D9447FCA05BB3118AA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Adjusted balance </link:label>
<link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1_D3AAE58F025604D9447FCA05BB3118AA_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1_D3AAE58F025604D9447FCA05BB3118AA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Adjusted Balance </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1_D3AAE58F025604D9447FCA05BB3118AA" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance_500A550347122ACC3AB0CA05BB311B57_terseLabel_en-US" xlink:label="lab_us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance_500A550347122ACC3AB0CA05BB311B57" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Shares issued to shareholders of noncontrolling interests </link:label>
<link:label id="lab_us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance_500A550347122ACC3AB0CA05BB311B57_label_en-US" xlink:label="lab_us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance_500A550347122ACC3AB0CA05BB311B57" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noncontrolling Interest, Increase from Subsidiary Equity Issuance </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance" xlink:label="loc_us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance_500A550347122ACC3AB0CA05BB311B57" xlink:type="locator"/>
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<link:label id="lab_us-gaap_MinorityInterestDecreaseFromRedemptions_DDF4BC89D46F5752984CCA05BB317B9C_negatedLabel_en-US" xlink:label="lab_us-gaap_MinorityInterestDecreaseFromRedemptions_DDF4BC89D46F5752984CCA05BB317B9C" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Redemption of subsidiary shares from noncontrolling interests </link:label>
<link:label id="lab_us-gaap_MinorityInterestDecreaseFromRedemptions_DDF4BC89D46F5752984CCA05BB317B9C_label_en-US" xlink:label="lab_us-gaap_MinorityInterestDecreaseFromRedemptions_DDF4BC89D46F5752984CCA05BB317B9C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_MinorityInterestDecreaseFromRedemptions" xlink:label="loc_us-gaap_MinorityInterestDecreaseFromRedemptions_DDF4BC89D46F5752984CCA05BB317B9C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_MinorityInterestPeriodIncreaseDecrease_028237180CC382BF6A6CCA05BB314454_terseLabel_en-US" xlink:label="lab_us-gaap_MinorityInterestPeriodIncreaseDecrease_028237180CC382BF6A6CCA05BB314454" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other net changes in noncontrolling interests </link:label>
<link:label id="lab_us-gaap_MinorityInterestPeriodIncreaseDecrease_028237180CC382BF6A6CCA05BB314454_label_en-US" xlink:label="lab_us-gaap_MinorityInterestPeriodIncreaseDecrease_028237180CC382BF6A6CCA05BB314454" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noncontrolling Interest, Period Increase (Decrease) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_MinorityInterestPeriodIncreaseDecrease" xlink:label="loc_us-gaap_MinorityInterestPeriodIncreaseDecrease_028237180CC382BF6A6CCA05BB314454" xlink:type="locator"/>
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<link:label id="lab_bk_EquityProfitLoss_BF9C2CE67A3498F14A2BCA05BB314180_terseLabel_en-US" xlink:label="lab_bk_EquityProfitLoss_BF9C2CE67A3498F14A2BCA05BB314180" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net income (loss) </link:label>
<link:label id="lab_bk_EquityProfitLoss_BF9C2CE67A3498F14A2BCA05BB314180_label_en-US" xlink:label="lab_bk_EquityProfitLoss_BF9C2CE67A3498F14A2BCA05BB314180" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity Profit Loss </link:label>
<link:label id="lab_bk_EquityProfitLoss_BF9C2CE67A3498F14A2BCA05BB314180_documentation_en-US" xlink:label="lab_bk_EquityProfitLoss_BF9C2CE67A3498F14A2BCA05BB314180" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Profit or loss as represented on the statement of changes in equity. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_EquityProfitLoss" xlink:label="loc_bk_EquityProfitLoss_BF9C2CE67A3498F14A2BCA05BB314180" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_3B1016918BB3AFD4EDFACA05BB315439_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_3B1016918BB3AFD4EDFACA05BB315439" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other comprehensive income </link:label>
<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_3B1016918BB3AFD4EDFACA05BB315439_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_3B1016918BB3AFD4EDFACA05BB315439" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_3B1016918BB3AFD4EDFACA05BB315439" xlink:type="locator"/>
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<link:label id="lab_bk_OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_DB8B8694D524328F47F6CA05BB31BCD8_terseLabel_en-US" xlink:label="lab_bk_OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_DB8B8694D524328F47F6CA05BB31BCD8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income Loss Net Of Tax Including Portion Attributable To Noncontrolling Interest </link:label>
<link:label id="lab_bk_OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_DB8B8694D524328F47F6CA05BB31BCD8_label_en-US" xlink:label="lab_bk_OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_DB8B8694D524328F47F6CA05BB31BCD8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income Loss Net Of Tax Including Portion Attributable To Noncontrolling Interest </link:label>
<link:label id="lab_bk_OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_DB8B8694D524328F47F6CA05BB31BCD8_documentation_en-US" xlink:label="lab_bk_OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_DB8B8694D524328F47F6CA05BB31BCD8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_bk_OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_DB8B8694D524328F47F6CA05BB31BCD8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DividendsAbstract_32DF4CDAC922644E6302CA05BB3108F9_terseLabel_en-US" xlink:label="lab_us-gaap_DividendsAbstract_32DF4CDAC922644E6302CA05BB3108F9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Dividends: </link:label>
<link:label id="lab_us-gaap_DividendsAbstract_32DF4CDAC922644E6302CA05BB3108F9_label_en-US" xlink:label="lab_us-gaap_DividendsAbstract_32DF4CDAC922644E6302CA05BB3108F9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Dividends [Abstract] </link:label>
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<link:label id="lab_us-gaap_DividendsCommonStock_F364044FEC7D15F33FB1CA05BB312FA3_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DividendsCommonStock_F364044FEC7D15F33FB1CA05BB312FA3" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Common stock </link:label>
<link:label id="lab_us-gaap_DividendsCommonStock_F364044FEC7D15F33FB1CA05BB312FA3_label_en-US" xlink:label="lab_us-gaap_DividendsCommonStock_F364044FEC7D15F33FB1CA05BB312FA3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Dividends, Common Stock </link:label>
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<link:label id="lab_us-gaap_DividendsPreferredStock_9136E48013C7AF87ECC0CA05BB3239FC_negatedLabel_en-US" xlink:label="lab_us-gaap_DividendsPreferredStock_9136E48013C7AF87ECC0CA05BB3239FC" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock </link:label>
<link:label id="lab_us-gaap_DividendsPreferredStock_9136E48013C7AF87ECC0CA05BB3239FC_label_en-US" xlink:label="lab_us-gaap_DividendsPreferredStock_9136E48013C7AF87ECC0CA05BB3239FC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Dividends, Preferred Stock </link:label>
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<link:label id="lab_us-gaap_TreasuryStockValueAcquiredCostMethod_AD82E3ED20FE0D8F6218CA05BB32EC9D_negatedLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockValueAcquiredCostMethod_AD82E3ED20FE0D8F6218CA05BB32EC9D" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Repurchase of common stock </link:label>
<link:label id="lab_us-gaap_TreasuryStockValueAcquiredCostMethod_AD82E3ED20FE0D8F6218CA05BB32EC9D_label_en-US" xlink:label="lab_us-gaap_TreasuryStockValueAcquiredCostMethod_AD82E3ED20FE0D8F6218CA05BB32EC9D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Treasury Stock, Value, Acquired, Cost Method </link:label>
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<link:label id="lab_us-gaap_DividendsCommonStockAbstract_02BFA38981A087495E5DCA05BB32C11F_terseLabel_en-US" xlink:label="lab_us-gaap_DividendsCommonStockAbstract_02BFA38981A087495E5DCA05BB32C11F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common stock issued under: </link:label>
<link:label id="lab_us-gaap_DividendsCommonStockAbstract_02BFA38981A087495E5DCA05BB32C11F_label_en-US" xlink:label="lab_us-gaap_DividendsCommonStockAbstract_02BFA38981A087495E5DCA05BB32C11F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Dividends, Common Stock [Abstract] </link:label>
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<link:label id="lab_us-gaap_StockIssuedDuringPeriodValueEmployeeBenefitPlan_C69E7D22EAE458ECEFC5CA05BB325D3A_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueEmployeeBenefitPlan_C69E7D22EAE458ECEFC5CA05BB325D3A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Employee benefit plans </link:label>
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<link:label id="lab_bk_PlusAndMinusCreditRatingMember_9093C04845B1CF18D897CA05B7E19FC1_label_en-US" xlink:label="lab_bk_PlusAndMinusCreditRatingMember_9093C04845B1CF18D897CA05B7E19FC1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> A Plus And A Minus Credit Rating [Member] </link:label>
<link:label id="lab_bk_PlusAndMinusCreditRatingMember_9093C04845B1CF18D897CA05B7E19FC1_documentation_en-US" xlink:label="lab_bk_PlusAndMinusCreditRatingMember_9093C04845B1CF18D897CA05B7E19FC1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> A Plus and A Minus Credit Rating [Member] </link:label>
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<link:label id="lab_bk_FairValueAssetsAndLiabilitiesComponentDomain_E0D5649D6CE03DA10923CA05B7E1DCE8_label_en-US" xlink:label="lab_bk_FairValueAssetsAndLiabilitiesComponentDomain_E0D5649D6CE03DA10923CA05B7E1DCE8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Assets And Liabilities Component [Domain] </link:label>
<link:label id="lab_bk_FairValueAssetsAndLiabilitiesComponentDomain_E0D5649D6CE03DA10923CA05B7E1DCE8_documentation_en-US" xlink:label="lab_bk_FairValueAssetsAndLiabilitiesComponentDomain_E0D5649D6CE03DA10923CA05B7E1DCE8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets and Liabilities Component Domain </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_FairValueAssetsAndLiabilitiesComponentDomain" xlink:label="loc_bk_FairValueAssetsAndLiabilitiesComponentDomain_E0D5649D6CE03DA10923CA05B7E1DCE8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_FairValueAssetsAndLiabilitiesComponentDomain_E0D5649D6CE03DA10923CA05B7E1DCE8" xlink:to="lab_bk_FairValueAssetsAndLiabilitiesComponentDomain_E0D5649D6CE03DA10923CA05B7E1DCE8" xlink:type="arc"/>
<link:label id="lab_bk_NonAgencyResidentialMortgageBackedSecuritiesMember_3BD481A0DAA418836F9BCA05B7E191F2_terseLabel_en-US" xlink:label="lab_bk_NonAgencyResidentialMortgageBackedSecuritiesMember_3BD481A0DAA418836F9BCA05B7E191F2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Non-agency RMBS </link:label>
<link:label id="lab_bk_NonAgencyResidentialMortgageBackedSecuritiesMember_3BD481A0DAA418836F9BCA05B7E191F2_label_en-US" xlink:label="lab_bk_NonAgencyResidentialMortgageBackedSecuritiesMember_3BD481A0DAA418836F9BCA05B7E191F2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Non-Agency Residential Mortgage Backed Securities [Member] </link:label>
<link:label id="lab_bk_NonAgencyResidentialMortgageBackedSecuritiesMember_3BD481A0DAA418836F9BCA05B7E191F2_documentation_en-US" xlink:label="lab_bk_NonAgencyResidentialMortgageBackedSecuritiesMember_3BD481A0DAA418836F9BCA05B7E191F2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Non-Agency Residential Mortgage Backed Securities [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_NonAgencyResidentialMortgageBackedSecuritiesMember" xlink:label="loc_bk_NonAgencyResidentialMortgageBackedSecuritiesMember_3BD481A0DAA418836F9BCA05B7E191F2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_NonAgencyResidentialMortgageBackedSecuritiesMember_3BD481A0DAA418836F9BCA05B7E191F2" xlink:to="lab_bk_NonAgencyResidentialMortgageBackedSecuritiesMember_3BD481A0DAA418836F9BCA05B7E191F2" xlink:type="arc"/>
<link:label id="lab_us-gaap_CommercialMortgageBackedSecuritiesMember_16E64A6AFF5C65D7B27ECA05B7E13302_terseLabel_en-US" xlink:label="lab_us-gaap_CommercialMortgageBackedSecuritiesMember_16E64A6AFF5C65D7B27ECA05B7E13302" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Commercial MBS </link:label>
<link:label id="lab_us-gaap_CommercialMortgageBackedSecuritiesMember_16E64A6AFF5C65D7B27ECA05B7E13302_label_en-US" xlink:label="lab_us-gaap_CommercialMortgageBackedSecuritiesMember_16E64A6AFF5C65D7B27ECA05B7E13302" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commercial Mortgage Backed Securities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="loc_us-gaap_CommercialMortgageBackedSecuritiesMember_16E64A6AFF5C65D7B27ECA05B7E13302" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommercialMortgageBackedSecuritiesMember_16E64A6AFF5C65D7B27ECA05B7E13302" xlink:to="lab_us-gaap_CommercialMortgageBackedSecuritiesMember_16E64A6AFF5C65D7B27ECA05B7E13302" xlink:type="arc"/>
<link:label id="lab_bk_ForeignCoveredBondsMember_156C18FA7E8E11E78481CA05B7E1C88E_terseLabel_en-US" xlink:label="lab_bk_ForeignCoveredBondsMember_156C18FA7E8E11E78481CA05B7E1C88E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign covered bonds </link:label>
<link:label id="lab_bk_ForeignCoveredBondsMember_156C18FA7E8E11E78481CA05B7E1C88E_label_en-US" xlink:label="lab_bk_ForeignCoveredBondsMember_156C18FA7E8E11E78481CA05B7E1C88E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign Covered Bonds [Member] </link:label>
<link:label id="lab_bk_ForeignCoveredBondsMember_156C18FA7E8E11E78481CA05B7E1C88E_documentation_en-US" xlink:label="lab_bk_ForeignCoveredBondsMember_156C18FA7E8E11E78481CA05B7E1C88E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Foreign Covered Bonds [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ForeignCoveredBondsMember" xlink:label="loc_bk_ForeignCoveredBondsMember_156C18FA7E8E11E78481CA05B7E1C88E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ForeignCoveredBondsMember_156C18FA7E8E11E78481CA05B7E1C88E" xlink:to="lab_bk_ForeignCoveredBondsMember_156C18FA7E8E11E78481CA05B7E1C88E" xlink:type="arc"/>
<link:label id="lab_bk_EuropeanFloatingRateNotesMember_FECDEE246A87E3C53D19CA05B7E6567A_terseLabel_en-US" xlink:label="lab_bk_EuropeanFloatingRateNotesMember_FECDEE246A87E3C53D19CA05B7E6567A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total European floating rate notes - available-for-sale </link:label>
<link:label id="lab_bk_EuropeanFloatingRateNotesMember_FECDEE246A87E3C53D19CA05B7E6567A_label_en-US" xlink:label="lab_bk_EuropeanFloatingRateNotesMember_FECDEE246A87E3C53D19CA05B7E6567A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> European Floating Rate Notes [Member] </link:label>
<link:label id="lab_bk_EuropeanFloatingRateNotesMember_FECDEE246A87E3C53D19CA05B7E6567A_documentation_en-US" xlink:label="lab_bk_EuropeanFloatingRateNotesMember_FECDEE246A87E3C53D19CA05B7E6567A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> European floating rate notes </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_EuropeanFloatingRateNotesMember" xlink:label="loc_bk_EuropeanFloatingRateNotesMember_FECDEE246A87E3C53D19CA05B7E6567A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_EuropeanFloatingRateNotesMember_FECDEE246A87E3C53D19CA05B7E6567A" xlink:to="lab_bk_EuropeanFloatingRateNotesMember_FECDEE246A87E3C53D19CA05B7E6567A" xlink:type="arc"/>
<link:label id="lab_us-gaap_SovereignDebtSecuritiesMember_27A24984D86408E769C2CA05B7E67F63_terseLabel_en-US" xlink:label="lab_us-gaap_SovereignDebtSecuritiesMember_27A24984D86408E769C2CA05B7E67F63" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Sovereign debt/sovereign guaranteed </link:label>
<link:label id="lab_us-gaap_SovereignDebtSecuritiesMember_27A24984D86408E769C2CA05B7E67F63_label_en-US" xlink:label="lab_us-gaap_SovereignDebtSecuritiesMember_27A24984D86408E769C2CA05B7E67F63" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Sovereign Debt Securities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SovereignDebtSecuritiesMember" xlink:label="loc_us-gaap_SovereignDebtSecuritiesMember_27A24984D86408E769C2CA05B7E67F63" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SovereignDebtSecuritiesMember_27A24984D86408E769C2CA05B7E67F63" xlink:to="lab_us-gaap_SovereignDebtSecuritiesMember_27A24984D86408E769C2CA05B7E67F63" xlink:type="arc"/>
<link:label id="lab_bk_GrantorTrustAltResidentialMortgageBackedSecuritiesMember_AEDF3570F67AF77B87DCCA05B7E6E9E0_terseLabel_en-US" xlink:label="lab_bk_GrantorTrustAltResidentialMortgageBackedSecuritiesMember_AEDF3570F67AF77B87DCCA05B7E6E9E0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Non-agency RMBS </link:label>
<link:label id="lab_bk_GrantorTrustAltResidentialMortgageBackedSecuritiesMember_AEDF3570F67AF77B87DCCA05B7E6E9E0_label_en-US" xlink:label="lab_bk_GrantorTrustAltResidentialMortgageBackedSecuritiesMember_AEDF3570F67AF77B87DCCA05B7E6E9E0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Grantor Trust Alt A Residential Mortgage Backed Securities [Member] </link:label>
<link:label id="lab_bk_GrantorTrustAltResidentialMortgageBackedSecuritiesMember_AEDF3570F67AF77B87DCCA05B7E6E9E0_documentation_en-US" xlink:label="lab_bk_GrantorTrustAltResidentialMortgageBackedSecuritiesMember_AEDF3570F67AF77B87DCCA05B7E6E9E0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Grantor Trust Alt-A Residential Mortgage Backed Securities </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_GrantorTrustAltResidentialMortgageBackedSecuritiesMember" xlink:label="loc_bk_GrantorTrustAltResidentialMortgageBackedSecuritiesMember_AEDF3570F67AF77B87DCCA05B7E6E9E0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_GrantorTrustAltResidentialMortgageBackedSecuritiesMember_AEDF3570F67AF77B87DCCA05B7E6E9E0" xlink:to="lab_bk_GrantorTrustAltResidentialMortgageBackedSecuritiesMember_AEDF3570F67AF77B87DCCA05B7E6E9E0" xlink:type="arc"/>
<link:label id="lab_bk_SecuritiesByOriginationAxis_F492083AE5C289820BFDCA05B7E60140_terseLabel_en-US" xlink:label="lab_bk_SecuritiesByOriginationAxis_F492083AE5C289820BFDCA05B7E60140" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities By Origination [Axis] </link:label>
<link:label id="lab_bk_SecuritiesByOriginationAxis_F492083AE5C289820BFDCA05B7E60140_label_en-US" xlink:label="lab_bk_SecuritiesByOriginationAxis_F492083AE5C289820BFDCA05B7E60140" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities By Origination [Axis] </link:label>
<link:label id="lab_bk_SecuritiesByOriginationAxis_F492083AE5C289820BFDCA05B7E60140_documentation_en-US" xlink:label="lab_bk_SecuritiesByOriginationAxis_F492083AE5C289820BFDCA05B7E60140" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securities by Origination [Axis] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_SecuritiesByOriginationAxis" xlink:label="loc_bk_SecuritiesByOriginationAxis_F492083AE5C289820BFDCA05B7E60140" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SecuritiesByOriginationAxis_F492083AE5C289820BFDCA05B7E60140" xlink:to="lab_bk_SecuritiesByOriginationAxis_F492083AE5C289820BFDCA05B7E60140" xlink:type="arc"/>
<link:label id="lab_bk_SecuritiesByOriginationDomain_F6E2748154ED1F0EEAA8CA05B7E66621_terseLabel_en-US" xlink:label="lab_bk_SecuritiesByOriginationDomain_F6E2748154ED1F0EEAA8CA05B7E66621" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities By Origination [Domain] </link:label>
<link:label id="lab_bk_SecuritiesByOriginationDomain_F6E2748154ED1F0EEAA8CA05B7E66621_label_en-US" xlink:label="lab_bk_SecuritiesByOriginationDomain_F6E2748154ED1F0EEAA8CA05B7E66621" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities By Origination [Domain] </link:label>
<link:label id="lab_bk_SecuritiesByOriginationDomain_F6E2748154ED1F0EEAA8CA05B7E66621_documentation_en-US" xlink:label="lab_bk_SecuritiesByOriginationDomain_F6E2748154ED1F0EEAA8CA05B7E66621" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securities by Origination [Domain] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_SecuritiesByOriginationDomain" xlink:label="loc_bk_SecuritiesByOriginationDomain_F6E2748154ED1F0EEAA8CA05B7E66621" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SecuritiesByOriginationDomain_F6E2748154ED1F0EEAA8CA05B7E66621" xlink:to="lab_bk_SecuritiesByOriginationDomain_F6E2748154ED1F0EEAA8CA05B7E66621" xlink:type="arc"/>
<link:label id="lab_bk_OriginationInTwentyZeroSevenMember_423224E68EB7C1B9E449CA05B7E790F8_terseLabel_en-US" xlink:label="lab_bk_OriginationInTwentyZeroSevenMember_423224E68EB7C1B9E449CA05B7E790F8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2007 </link:label>
<link:label id="lab_bk_OriginationInTwentyZeroSevenMember_423224E68EB7C1B9E449CA05B7E790F8_label_en-US" xlink:label="lab_bk_OriginationInTwentyZeroSevenMember_423224E68EB7C1B9E449CA05B7E790F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Origination In Twenty Zero Seven [Member] </link:label>
<link:label id="lab_bk_OriginationInTwentyZeroSevenMember_423224E68EB7C1B9E449CA05B7E790F8_documentation_en-US" xlink:label="lab_bk_OriginationInTwentyZeroSevenMember_423224E68EB7C1B9E449CA05B7E790F8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Origination in 2007 </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_OriginationInTwentyZeroSevenMember" xlink:label="loc_bk_OriginationInTwentyZeroSevenMember_423224E68EB7C1B9E449CA05B7E790F8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OriginationInTwentyZeroSevenMember_423224E68EB7C1B9E449CA05B7E790F8" xlink:to="lab_bk_OriginationInTwentyZeroSevenMember_423224E68EB7C1B9E449CA05B7E790F8" xlink:type="arc"/>
<link:label id="lab_bk_OriginationInTwentyZeroSixMember_07528292A1AD657587CFCA05B7E77287_terseLabel_en-US" xlink:label="lab_bk_OriginationInTwentyZeroSixMember_07528292A1AD657587CFCA05B7E77287" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2006 </link:label>
<link:label id="lab_bk_OriginationInTwentyZeroSixMember_07528292A1AD657587CFCA05B7E77287_label_en-US" xlink:label="lab_bk_OriginationInTwentyZeroSixMember_07528292A1AD657587CFCA05B7E77287" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Origination In Twenty Zero Six [Member] </link:label>
<link:label id="lab_bk_OriginationInTwentyZeroSixMember_07528292A1AD657587CFCA05B7E77287_documentation_en-US" xlink:label="lab_bk_OriginationInTwentyZeroSixMember_07528292A1AD657587CFCA05B7E77287" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Origination in 2006 </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_OriginationInTwentyZeroSixMember" xlink:label="loc_bk_OriginationInTwentyZeroSixMember_07528292A1AD657587CFCA05B7E77287" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OriginationInTwentyZeroSixMember_07528292A1AD657587CFCA05B7E77287" xlink:to="lab_bk_OriginationInTwentyZeroSixMember_07528292A1AD657587CFCA05B7E77287" xlink:type="arc"/>
<link:label id="lab_bk_OriginationInTwentyZeroFiveMember_7561D2C1957D0E21B7ACCA05B7E7F279_terseLabel_en-US" xlink:label="lab_bk_OriginationInTwentyZeroFiveMember_7561D2C1957D0E21B7ACCA05B7E7F279" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2005 </link:label>
<link:label id="lab_bk_OriginationInTwentyZeroFiveMember_7561D2C1957D0E21B7ACCA05B7E7F279_label_en-US" xlink:label="lab_bk_OriginationInTwentyZeroFiveMember_7561D2C1957D0E21B7ACCA05B7E7F279" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Origination In Twenty Zero Five [Member] </link:label>
<link:label id="lab_bk_OriginationInTwentyZeroFiveMember_7561D2C1957D0E21B7ACCA05B7E7F279_documentation_en-US" xlink:label="lab_bk_OriginationInTwentyZeroFiveMember_7561D2C1957D0E21B7ACCA05B7E7F279" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Origination in 2005 </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_OriginationInTwentyZeroFiveMember" xlink:label="loc_bk_OriginationInTwentyZeroFiveMember_7561D2C1957D0E21B7ACCA05B7E7F279" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OriginationInTwentyZeroFiveMember_7561D2C1957D0E21B7ACCA05B7E7F279" xlink:to="lab_bk_OriginationInTwentyZeroFiveMember_7561D2C1957D0E21B7ACCA05B7E7F279" xlink:type="arc"/>
<link:label id="lab_bk_OriginationInPreTwentyZeroFiveMember_CC91BDDED127460D2C2ACA05B7E76A0B_terseLabel_en-US" xlink:label="lab_bk_OriginationInPreTwentyZeroFiveMember_CC91BDDED127460D2C2ACA05B7E76A0B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2004 and earlier </link:label>
<link:label id="lab_bk_OriginationInPreTwentyZeroFiveMember_CC91BDDED127460D2C2ACA05B7E76A0B_label_en-US" xlink:label="lab_bk_OriginationInPreTwentyZeroFiveMember_CC91BDDED127460D2C2ACA05B7E76A0B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Origination In Pre Twenty Zero Five [Member] </link:label>
<link:label id="lab_bk_OriginationInPreTwentyZeroFiveMember_CC91BDDED127460D2C2ACA05B7E76A0B_documentation_en-US" xlink:label="lab_bk_OriginationInPreTwentyZeroFiveMember_CC91BDDED127460D2C2ACA05B7E76A0B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Origination in Pre-2005 </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_OriginationInPreTwentyZeroFiveMember" xlink:label="loc_bk_OriginationInPreTwentyZeroFiveMember_CC91BDDED127460D2C2ACA05B7E76A0B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OriginationInPreTwentyZeroFiveMember_CC91BDDED127460D2C2ACA05B7E76A0B" xlink:to="lab_bk_OriginationInPreTwentyZeroFiveMember_CC91BDDED127460D2C2ACA05B7E76A0B" xlink:type="arc"/>
<link:label id="lab_bk_SecuritiesOriginationBetween2009and2017Member_249D18124BF459AC0E45CA05B7E7C414_terseLabel_en-US" xlink:label="lab_bk_SecuritiesOriginationBetween2009and2017Member_249D18124BF459AC0E45CA05B7E7C414" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2009-2017 </link:label>
<link:label id="lab_bk_SecuritiesOriginationBetween2009and2017Member_249D18124BF459AC0E45CA05B7E7C414_label_en-US" xlink:label="lab_bk_SecuritiesOriginationBetween2009and2017Member_249D18124BF459AC0E45CA05B7E7C414" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities, Origination Between 2009 and 2017 [Member] </link:label>
<link:label id="lab_bk_SecuritiesOriginationBetween2009and2017Member_249D18124BF459AC0E45CA05B7E7C414_documentation_en-US" xlink:label="lab_bk_SecuritiesOriginationBetween2009and2017Member_249D18124BF459AC0E45CA05B7E7C414" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securities, Origination Between 2009 and 2017 [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_SecuritiesOriginationBetween2009and2017Member" xlink:label="loc_bk_SecuritiesOriginationBetween2009and2017Member_249D18124BF459AC0E45CA05B7E7C414" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SecuritiesOriginationBetween2009and2017Member_249D18124BF459AC0E45CA05B7E7C414" xlink:to="lab_bk_SecuritiesOriginationBetween2009and2017Member_249D18124BF459AC0E45CA05B7E7C414" xlink:type="arc"/>
<link:label id="lab_bk_OriginationInTwentyZeroEightMember_220FF1692AB644DA6060CA05B7E7292B_terseLabel_en-US" xlink:label="lab_bk_OriginationInTwentyZeroEightMember_220FF1692AB644DA6060CA05B7E7292B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2008 </link:label>
<link:label id="lab_bk_OriginationInTwentyZeroEightMember_220FF1692AB644DA6060CA05B7E7292B_label_en-US" xlink:label="lab_bk_OriginationInTwentyZeroEightMember_220FF1692AB644DA6060CA05B7E7292B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Origination In Twenty Zero Eight [Member] </link:label>
<link:label id="lab_bk_OriginationInTwentyZeroEightMember_220FF1692AB644DA6060CA05B7E7292B_documentation_en-US" xlink:label="lab_bk_OriginationInTwentyZeroEightMember_220FF1692AB644DA6060CA05B7E7292B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Origination in 2008 [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_OriginationInTwentyZeroEightMember" xlink:label="loc_bk_OriginationInTwentyZeroEightMember_220FF1692AB644DA6060CA05B7E7292B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OriginationInTwentyZeroEightMember_220FF1692AB644DA6060CA05B7E7292B" xlink:to="lab_bk_OriginationInTwentyZeroEightMember_220FF1692AB644DA6060CA05B7E7292B" xlink:type="arc"/>
<link:label id="lab_country_CA_959A1B1CD02818548BD9CA05B7E7B429_terseLabel_en-US" xlink:label="lab_country_CA_959A1B1CD02818548BD9CA05B7E7B429" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Canada </link:label>
<link:label id="lab_country_CA_959A1B1CD02818548BD9CA05B7E7B429_label_en-US" xlink:label="lab_country_CA_959A1B1CD02818548BD9CA05B7E7B429" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> CANADA </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/country/2017/country-2017-01-31.xsd#country_CA" xlink:label="loc_country_CA_959A1B1CD02818548BD9CA05B7E7B429" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_CA_959A1B1CD02818548BD9CA05B7E7B429" xlink:to="lab_country_CA_959A1B1CD02818548BD9CA05B7E7B429" xlink:type="arc"/>
<link:label id="lab_country_AU_F264D892471C72FAB50DCA05B7E7F071_terseLabel_en-US" xlink:label="lab_country_AU_F264D892471C72FAB50DCA05B7E7F071" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Australia </link:label>
<link:label id="lab_country_AU_F264D892471C72FAB50DCA05B7E7F071_label_en-US" xlink:label="lab_country_AU_F264D892471C72FAB50DCA05B7E7F071" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> AUSTRALIA </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/country/2017/country-2017-01-31.xsd#country_AU" xlink:label="loc_country_AU_F264D892471C72FAB50DCA05B7E7F071" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_AU_F264D892471C72FAB50DCA05B7E7F071" xlink:to="lab_country_AU_F264D892471C72FAB50DCA05B7E7F071" xlink:type="arc"/>
<link:label id="lab_country_NL_FF33F0F0F6A888D806FECA05B7E756C5_terseLabel_en-US" xlink:label="lab_country_NL_FF33F0F0F6A888D806FECA05B7E756C5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Netherlands </link:label>
<link:label id="lab_country_NL_FF33F0F0F6A888D806FECA05B7E756C5_label_en-US" xlink:label="lab_country_NL_FF33F0F0F6A888D806FECA05B7E756C5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> NETHERLANDS </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/country/2017/country-2017-01-31.xsd#country_NL" xlink:label="loc_country_NL_FF33F0F0F6A888D806FECA05B7E756C5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_NL_FF33F0F0F6A888D806FECA05B7E756C5" xlink:to="lab_country_NL_FF33F0F0F6A888D806FECA05B7E756C5" xlink:type="arc"/>
<link:label id="lab_country_GB_7CB40144D5A844B2B910CA05B7E715F2_terseLabel_en-US" xlink:label="lab_country_GB_7CB40144D5A844B2B910CA05B7E715F2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> United Kingdom </link:label>
<link:label id="lab_country_GB_7CB40144D5A844B2B910CA05B7E715F2_label_en-US" xlink:label="lab_country_GB_7CB40144D5A844B2B910CA05B7E715F2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> UNITED KINGDOM </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/country/2017/country-2017-01-31.xsd#country_GB" xlink:label="loc_country_GB_7CB40144D5A844B2B910CA05B7E715F2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_GB_7CB40144D5A844B2B910CA05B7E715F2" xlink:to="lab_country_GB_7CB40144D5A844B2B910CA05B7E715F2" xlink:type="arc"/>
<link:label id="lab_country_FR_3BE1EC985C6FD0CADD30CA05B7E7BC45_terseLabel_en-US" xlink:label="lab_country_FR_3BE1EC985C6FD0CADD30CA05B7E7BC45" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> France </link:label>
<link:label id="lab_country_FR_3BE1EC985C6FD0CADD30CA05B7E7BC45_label_en-US" xlink:label="lab_country_FR_3BE1EC985C6FD0CADD30CA05B7E7BC45" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> FRANCE </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/country/2017/country-2017-01-31.xsd#country_FR" xlink:label="loc_country_FR_3BE1EC985C6FD0CADD30CA05B7E7BC45" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_FR_3BE1EC985C6FD0CADD30CA05B7E7BC45" xlink:to="lab_country_FR_3BE1EC985C6FD0CADD30CA05B7E7BC45" xlink:type="arc"/>
<link:label id="lab_country_ES_4E79DE008811C1AE7E5CCA05B7E748DB_terseLabel_en-US" xlink:label="lab_country_ES_4E79DE008811C1AE7E5CCA05B7E748DB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Spain </link:label>
<link:label id="lab_country_ES_4E79DE008811C1AE7E5CCA05B7E748DB_label_en-US" xlink:label="lab_country_ES_4E79DE008811C1AE7E5CCA05B7E748DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> SPAIN </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/country/2017/country-2017-01-31.xsd#country_ES" xlink:label="loc_country_ES_4E79DE008811C1AE7E5CCA05B7E748DB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_ES_4E79DE008811C1AE7E5CCA05B7E748DB" xlink:to="lab_country_ES_4E79DE008811C1AE7E5CCA05B7E748DB" xlink:type="arc"/>
<link:label id="lab_country_DE_391959F599AC14575011CA05B7E70CE2_terseLabel_en-US" xlink:label="lab_country_DE_391959F599AC14575011CA05B7E70CE2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Germany </link:label>
<link:label id="lab_country_DE_391959F599AC14575011CA05B7E70CE2_label_en-US" xlink:label="lab_country_DE_391959F599AC14575011CA05B7E70CE2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> GERMANY </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/country/2017/country-2017-01-31.xsd#country_DE" xlink:label="loc_country_DE_391959F599AC14575011CA05B7E70CE2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_DE_391959F599AC14575011CA05B7E70CE2" xlink:to="lab_country_DE_391959F599AC14575011CA05B7E70CE2" xlink:type="arc"/>
<link:label id="lab_country_IT_D96117027A8B4C0E6EA5CA05B7E822AC_terseLabel_en-US" xlink:label="lab_country_IT_D96117027A8B4C0E6EA5CA05B7E822AC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Italy </link:label>
<link:label id="lab_country_IT_D96117027A8B4C0E6EA5CA05B7E822AC_label_en-US" xlink:label="lab_country_IT_D96117027A8B4C0E6EA5CA05B7E822AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> ITALY </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/country/2017/country-2017-01-31.xsd#country_IT" xlink:label="loc_country_IT_D96117027A8B4C0E6EA5CA05B7E822AC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_IT_D96117027A8B4C0E6EA5CA05B7E822AC" xlink:to="lab_country_IT_D96117027A8B4C0E6EA5CA05B7E822AC" xlink:type="arc"/>
<link:label id="lab_country_IE_C2F8C7755371434DEBB8CA05B7E89EDC_terseLabel_en-US" xlink:label="lab_country_IE_C2F8C7755371434DEBB8CA05B7E89EDC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Ireland </link:label>
<link:label id="lab_country_IE_C2F8C7755371434DEBB8CA05B7E89EDC_label_en-US" xlink:label="lab_country_IE_C2F8C7755371434DEBB8CA05B7E89EDC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> IRELAND </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/country/2017/country-2017-01-31.xsd#country_IE" xlink:label="loc_country_IE_C2F8C7755371434DEBB8CA05B7E89EDC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_IE_C2F8C7755371434DEBB8CA05B7E89EDC" xlink:to="lab_country_IE_C2F8C7755371434DEBB8CA05B7E89EDC" xlink:type="arc"/>
<link:label id="lab_country_BE_FC93F15A3453D6FB35B1CA05B7E8B337_terseLabel_en-US" xlink:label="lab_country_BE_FC93F15A3453D6FB35B1CA05B7E8B337" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Belgium </link:label>
<link:label id="lab_country_BE_FC93F15A3453D6FB35B1CA05B7E8B337_label_en-US" xlink:label="lab_country_BE_FC93F15A3453D6FB35B1CA05B7E8B337" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> BELGIUM </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/country/2017/country-2017-01-31.xsd#country_BE" xlink:label="loc_country_BE_FC93F15A3453D6FB35B1CA05B7E8B337" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_BE_FC93F15A3453D6FB35B1CA05B7E8B337" xlink:to="lab_country_BE_FC93F15A3453D6FB35B1CA05B7E8B337" xlink:type="arc"/>
<link:label id="lab_bk_OtherCountriesMember_554BAF52DB44F66162A4CA05B7E8DD5D_terseLabel_en-US" xlink:label="lab_bk_OtherCountriesMember_554BAF52DB44F66162A4CA05B7E8DD5D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other </link:label>
<link:label id="lab_bk_OtherCountriesMember_554BAF52DB44F66162A4CA05B7E8DD5D_label_en-US" xlink:label="lab_bk_OtherCountriesMember_554BAF52DB44F66162A4CA05B7E8DD5D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Countries [Member] </link:label>
<link:label id="lab_bk_OtherCountriesMember_554BAF52DB44F66162A4CA05B7E8DD5D_documentation_en-US" xlink:label="lab_bk_OtherCountriesMember_554BAF52DB44F66162A4CA05B7E8DD5D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Countries [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_OtherCountriesMember" xlink:label="loc_bk_OtherCountriesMember_554BAF52DB44F66162A4CA05B7E8DD5D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OtherCountriesMember_554BAF52DB44F66162A4CA05B7E8DD5D" xlink:to="lab_bk_OtherCountriesMember_554BAF52DB44F66162A4CA05B7E8DD5D" xlink:type="arc"/>
<link:label id="lab_country_BR_DB93FE0C5684B93B7DDBCA05B7E82281_terseLabel_en-US" xlink:label="lab_country_BR_DB93FE0C5684B93B7DDBCA05B7E82281" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Brazil </link:label>
<link:label id="lab_country_BR_DB93FE0C5684B93B7DDBCA05B7E82281_label_en-US" xlink:label="lab_country_BR_DB93FE0C5684B93B7DDBCA05B7E82281" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> BRAZIL </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/country/2017/country-2017-01-31.xsd#country_BR" xlink:label="loc_country_BR_DB93FE0C5684B93B7DDBCA05B7E82281" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_BR_DB93FE0C5684B93B7DDBCA05B7E82281" xlink:to="lab_country_BR_DB93FE0C5684B93B7DDBCA05B7E82281" xlink:type="arc"/>
<link:label id="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_839C10DBB5EA33D19DA7CA05B7E85503_terseLabel_en-US" xlink:label="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_839C10DBB5EA33D19DA7CA05B7E85503" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total carrying value </link:label>
<link:label id="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_839C10DBB5EA33D19DA7CA05B7E85503_label_en-US" xlink:label="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_839C10DBB5EA33D19DA7CA05B7E85503" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Reported Value Measurement [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CarryingReportedAmountFairValueDisclosureMember" xlink:label="loc_us-gaap_CarryingReportedAmountFairValueDisclosureMember_839C10DBB5EA33D19DA7CA05B7E85503" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CarryingReportedAmountFairValueDisclosureMember_839C10DBB5EA33D19DA7CA05B7E85503" xlink:to="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_839C10DBB5EA33D19DA7CA05B7E85503" xlink:type="arc"/>
<link:label id="lab_us-gaap_DebtInstrumentAxis_C9932D9A9394F4830E41CA05B7E8FE5A_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentAxis_C9932D9A9394F4830E41CA05B7E8FE5A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt Instrument [Axis] </link:label>
<link:label id="lab_us-gaap_DebtInstrumentAxis_C9932D9A9394F4830E41CA05B7E8FE5A_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentAxis_C9932D9A9394F4830E41CA05B7E8FE5A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="loc_us-gaap_DebtInstrumentAxis_C9932D9A9394F4830E41CA05B7E8FE5A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentAxis_C9932D9A9394F4830E41CA05B7E8FE5A" xlink:to="lab_us-gaap_DebtInstrumentAxis_C9932D9A9394F4830E41CA05B7E8FE5A" xlink:type="arc"/>
<link:label id="lab_us-gaap_DebtInstrumentNameDomain_A6850672A6B1B034E017CA05B7E87682_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentNameDomain_A6850672A6B1B034E017CA05B7E87682" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt Instrument, Name [Domain] </link:label>
<link:label id="lab_us-gaap_DebtInstrumentNameDomain_A6850672A6B1B034E017CA05B7E87682_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentNameDomain_A6850672A6B1B034E017CA05B7E87682" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument, Name [Domain] </link:label>
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<link:loc xlink:href="bk-20171231.xsd#bk_SecuritizationsAndVariableInterestEntitiesDisclosureAbstract" xlink:label="loc_bk_SecuritizationsAndVariableInterestEntitiesDisclosureAbstract_54DC509702F12734937FCA05BA16E98C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfVariableInterestEntitiesTable_A227CAED5765D36063D1CA05BA163CC2_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfVariableInterestEntitiesTable_A227CAED5765D36063D1CA05BA163CC2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Variable Interest Entities [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfVariableInterestEntitiesTable_A227CAED5765D36063D1CA05BA163CC2_label_en-US" xlink:label="lab_us-gaap_ScheduleOfVariableInterestEntitiesTable_A227CAED5765D36063D1CA05BA163CC2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Variable Interest Entities [Table] </link:label>
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<link:label id="lab_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_AFBD3A7CD60D45D141DACA05BA166661_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_AFBD3A7CD60D45D141DACA05BA166661" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Variable Interest Entities [Axis] </link:label>
<link:label id="lab_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_AFBD3A7CD60D45D141DACA05BA166661_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_AFBD3A7CD60D45D141DACA05BA166661" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Variable Interest Entities [Axis] </link:label>
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<link:label id="lab_us-gaap_ClassificationOfVariableInterestEntityDomain_A076A57283774A7103ACCA05BA168316_terseLabel_en-US" xlink:label="lab_us-gaap_ClassificationOfVariableInterestEntityDomain_A076A57283774A7103ACCA05BA168316" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity, Classification [Domain] </link:label>
<link:label id="lab_us-gaap_ClassificationOfVariableInterestEntityDomain_A076A57283774A7103ACCA05BA168316_label_en-US" xlink:label="lab_us-gaap_ClassificationOfVariableInterestEntityDomain_A076A57283774A7103ACCA05BA168316" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity, Classification [Domain] </link:label>
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<link:label id="lab_us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember_334B05ADE0581AD462A3CA05BA16A1B5_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember_334B05ADE0581AD462A3CA05BA16A1B5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity, Not Primary Beneficiary </link:label>
<link:label id="lab_us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember_334B05ADE0581AD462A3CA05BA16A1B5_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember_334B05ADE0581AD462A3CA05BA16A1B5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity, Not Primary Beneficiary [Member] </link:label>
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<link:label id="lab_us-gaap_InvestmentTypeAxis_603156AB2FFBFE482F7ACA05BA1607F3_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentTypeAxis_603156AB2FFBFE482F7ACA05BA1607F3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investment Type [Axis] </link:label>
<link:label id="lab_us-gaap_InvestmentTypeAxis_603156AB2FFBFE482F7ACA05BA1607F3_label_en-US" xlink:label="lab_us-gaap_InvestmentTypeAxis_603156AB2FFBFE482F7ACA05BA1607F3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investment Type [Axis] </link:label>
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<link:label id="lab_us-gaap_InvestmentTypeCategorizationMember_E50156DAE05F2857CEC8CA05BA16065C_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentTypeCategorizationMember_E50156DAE05F2857CEC8CA05BA16065C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investments [Domain] </link:label>
<link:label id="lab_us-gaap_InvestmentTypeCategorizationMember_E50156DAE05F2857CEC8CA05BA16065C_label_en-US" xlink:label="lab_us-gaap_InvestmentTypeCategorizationMember_E50156DAE05F2857CEC8CA05BA16065C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investments [Domain] </link:label>
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<link:label id="lab_us-gaap_AvailableforsaleSecuritiesMember_75DA01223DE3C454518FCA05BA16150F_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableforsaleSecuritiesMember_75DA01223DE3C454518FCA05BA16150F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Available-for-sale </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AvailableforsaleSecuritiesMember" xlink:label="loc_us-gaap_AvailableforsaleSecuritiesMember_75DA01223DE3C454518FCA05BA16150F" xlink:type="locator"/>
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<link:label id="lab_bk_OtherAssetsAndLiabilitiesNetMember_E0C9EE8B031430113B7ACA05BA16E60B_terseLabel_en-US" xlink:label="lab_bk_OtherAssetsAndLiabilitiesNetMember_E0C9EE8B031430113B7ACA05BA16E60B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other Assets and Liabilities, Net </link:label>
<link:label id="lab_bk_OtherAssetsAndLiabilitiesNetMember_E0C9EE8B031430113B7ACA05BA16E60B_label_en-US" xlink:label="lab_bk_OtherAssetsAndLiabilitiesNetMember_E0C9EE8B031430113B7ACA05BA16E60B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Assets And Liabilities Net [Member] </link:label>
<link:label id="lab_bk_OtherAssetsAndLiabilitiesNetMember_E0C9EE8B031430113B7ACA05BA16E60B_documentation_en-US" xlink:label="lab_bk_OtherAssetsAndLiabilitiesNetMember_E0C9EE8B031430113B7ACA05BA16E60B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Assets and Liabilities, Net </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_OtherAssetsAndLiabilitiesNetMember" xlink:label="loc_bk_OtherAssetsAndLiabilitiesNetMember_E0C9EE8B031430113B7ACA05BA16E60B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OtherAssetsAndLiabilitiesNetMember_E0C9EE8B031430113B7ACA05BA16E60B" xlink:to="lab_bk_OtherAssetsAndLiabilitiesNetMember_E0C9EE8B031430113B7ACA05BA16E60B" xlink:type="arc"/>
<link:label id="lab_us-gaap_VariableInterestEntityLineItems_1F6075967B9280D847B4CA05BA169141_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityLineItems_1F6075967B9280D847B4CA05BA169141" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity [Line Items] </link:label>
<link:label id="lab_us-gaap_VariableInterestEntityLineItems_1F6075967B9280D847B4CA05BA169141_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityLineItems_1F6075967B9280D847B4CA05BA169141" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="loc_us-gaap_VariableInterestEntityLineItems_1F6075967B9280D847B4CA05BA169141" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityLineItems_1F6075967B9280D847B4CA05BA169141" xlink:to="lab_us-gaap_VariableInterestEntityLineItems_1F6075967B9280D847B4CA05BA169141" xlink:type="arc"/>
<link:label id="lab_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_86F79BFE291A01C1FB2ECA05BA16E4C5_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_86F79BFE291A01C1FB2ECA05BA16E4C5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Assets </link:label>
<link:label id="lab_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_86F79BFE291A01C1FB2ECA05BA16E4C5_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_86F79BFE291A01C1FB2ECA05BA16E4C5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets" xlink:label="loc_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_86F79BFE291A01C1FB2ECA05BA16E4C5" xlink:type="locator"/>
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<link:label id="lab_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountLiabilities_283B4AADD2D5ACF81B68CA05BA16FC97_totalLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountLiabilities_283B4AADD2D5ACF81B68CA05BA16FC97" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Liabilities </link:label>
<link:label id="lab_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountLiabilities_283B4AADD2D5ACF81B68CA05BA16FC97_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountLiabilities_283B4AADD2D5ACF81B68CA05BA16FC97" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity, Nonconsolidated, Carrying Amount, Liabilities </link:label>
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<link:label id="lab_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_6C869363DFFDA0033B12CA05BA161846_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_6C869363DFFDA0033B12CA05BA161846" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Maximum loss exposure </link:label>
<link:label id="lab_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_6C869363DFFDA0033B12CA05BA161846_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_6C869363DFFDA0033B12CA05BA161846" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount </link:label>
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<link:label id="lab_us-gaap_EquityAbstract_6B8628098BB09D2AABB8CA05B9F370EB_label_en-US" xlink:label="lab_us-gaap_EquityAbstract_6B8628098BB09D2AABB8CA05B9F370EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity [Abstract] </link:label>
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<link:label id="lab_us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock_9E7ED22C7E264CB0A4BDCA05B9F32CA3_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock_9E7ED22C7E264CB0A4BDCA05B9F32CA3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Components of Other Comprehensive Income (Loss) </link:label>
<link:label id="lab_us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock_9E7ED22C7E264CB0A4BDCA05B9F32CA3_label_en-US" xlink:label="lab_us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock_9E7ED22C7E264CB0A4BDCA05B9F32CA3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Comprehensive Income (Loss) [Table Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock_9E7ED22C7E264CB0A4BDCA05B9F32CA3" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfGainLossOnInvestmentsTable_908FDF55900153346CFBCA05BAD1AAD8_label_en-US" xlink:label="lab_us-gaap_ScheduleOfGainLossOnInvestmentsTable_908FDF55900153346CFBCA05BAD1AAD8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Gain (Loss) on Investments [Table] </link:label>
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<link:label id="lab_bk_RecentVintageMember_4DAC39917F739452CF9FCA05BAD2A036_terseLabel_en-US" xlink:label="lab_bk_RecentVintageMember_4DAC39917F739452CF9FCA05BAD2A036" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Recent Vintage </link:label>
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<link:label id="lab_bk_AltResidentialMortgageBackedAndGrantorTrustSecuritiesMember_B6E3F380F75918442C3CCA05BAD2237E_terseLabel_en-US" xlink:label="lab_bk_AltResidentialMortgageBackedAndGrantorTrustSecuritiesMember_B6E3F380F75918442C3CCA05BAD2237E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Alt-A </link:label>
<link:label id="lab_bk_AltResidentialMortgageBackedAndGrantorTrustSecuritiesMember_B6E3F380F75918442C3CCA05BAD2237E_label_en-US" xlink:label="lab_bk_AltResidentialMortgageBackedAndGrantorTrustSecuritiesMember_B6E3F380F75918442C3CCA05BAD2237E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Alt A Residential Mortgage Backed And Grantor Trust Securities [Member] </link:label>
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<link:loc xlink:href="bk-20171231.xsd#bk_AltResidentialMortgageBackedAndGrantorTrustSecuritiesMember" xlink:label="loc_bk_AltResidentialMortgageBackedAndGrantorTrustSecuritiesMember_B6E3F380F75918442C3CCA05BAD2237E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SubprimeMember_79CB2ECC445BADF18681CA05BAD2DD5F_terseLabel_en-US" xlink:label="lab_us-gaap_SubprimeMember_79CB2ECC445BADF18681CA05BAD2DD5F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Subprime </link:label>
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<link:label id="lab_us-gaap_PrimeMember_002066A7AF38014CF626CA05BAD2EAC4_terseLabel_en-US" xlink:label="lab_us-gaap_PrimeMember_002066A7AF38014CF626CA05BAD2EAC4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Prime </link:label>
<link:label id="lab_us-gaap_PrimeMember_002066A7AF38014CF626CA05BAD2EAC4_label_en-US" xlink:label="lab_us-gaap_PrimeMember_002066A7AF38014CF626CA05BAD2EAC4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Prime [Member] </link:label>
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<link:label id="lab_us-gaap_ScheduleOfGainLossOnInvestmentsIncludingMarketableSecuritiesAndInvestmentsHeldAtCostIncomeStatementReportedAmountsSummaryLineItems_974122A5F9D38DDCB340CA05BAD23528_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfGainLossOnInvestmentsIncludingMarketableSecuritiesAndInvestmentsHeldAtCostIncomeStatementReportedAmountsSummaryLineItems_974122A5F9D38DDCB340CA05BAD23528" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gain (Loss) on Investments [Line Items] </link:label>
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<link:label id="lab_bk_ProjectedWeightedAverageDefaultRates_B95E409281998DB27E45CA05BAD2BF12_terseLabel_en-US" xlink:label="lab_bk_ProjectedWeightedAverageDefaultRates_B95E409281998DB27E45CA05BAD2BF12" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Default rate </link:label>
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<link:loc xlink:href="bk-20171231.xsd#bk_ProjectedWeightedAverageDefaultRates" xlink:label="loc_bk_ProjectedWeightedAverageDefaultRates_B95E409281998DB27E45CA05BAD2BF12" xlink:type="locator"/>
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<link:label id="lab_bk_ProjectedWeightedAverageLossSeverities_342E75C7D966F4C02BC6CA05BAD2A642_terseLabel_en-US" xlink:label="lab_bk_ProjectedWeightedAverageLossSeverities_342E75C7D966F4C02BC6CA05BAD2A642" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Severity </link:label>
<link:label id="lab_bk_ProjectedWeightedAverageLossSeverities_342E75C7D966F4C02BC6CA05BAD2A642_label_en-US" xlink:label="lab_bk_ProjectedWeightedAverageLossSeverities_342E75C7D966F4C02BC6CA05BAD2A642" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Projected Weighted Average Loss Severities </link:label>
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<link:loc xlink:href="bk-20171231.xsd#bk_ProjectedWeightedAverageLossSeverities" xlink:label="loc_bk_ProjectedWeightedAverageLossSeverities_342E75C7D966F4C02BC6CA05BAD2A642" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPensionPlansAndDefinedBenefitPostretirementPlansDisclosureAbstract_4E4E505D43CB888456D7DC0180EB9EC6_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPensionPlansAndDefinedBenefitPostretirementPlansDisclosureAbstract_4E4E505D43CB888456D7DC0180EB9EC6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan [Abstract] </link:label>
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<link:label id="lab_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_C03E401D8497EFA31C7ADC0180EB925B_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_C03E401D8497EFA31C7ADC0180EB925B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Defined Benefit Plans Disclosures [Table] </link:label>
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<link:label id="lab_us-gaap_RetirementPlanTypeAxis_0A486549439E64E4F711DC0180EC0A1D_terseLabel_en-US" xlink:label="lab_us-gaap_RetirementPlanTypeAxis_0A486549439E64E4F711DC0180EC0A1D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Retirement Plan Type [Axis] </link:label>
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<link:label id="lab_us-gaap_RetirementPlanTypeDomain_4D3E9CA5291D45C2E8B0DC0180ECF3CD_terseLabel_en-US" xlink:label="lab_us-gaap_RetirementPlanTypeDomain_4D3E9CA5291D45C2E8B0DC0180ECF3CD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Retirement Plan Type [Domain] </link:label>
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<link:label id="lab_us-gaap_PensionPlansDefinedBenefitMember_AB54500B35F5308F6962DC0180EC83E7_terseLabel_en-US" xlink:label="lab_us-gaap_PensionPlansDefinedBenefitMember_AB54500B35F5308F6962DC0180EC83E7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pension Plan </link:label>
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<link:label id="lab_us-gaap_MaximumMember_33BE7E586BD44F877888DC0180ED07BB_label_en-US" xlink:label="lab_us-gaap_MaximumMember_33BE7E586BD44F877888DC0180ED07BB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Maximum [Member] </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis_1DC40B15DDAED03B132BDC0180ED0D38_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis_1DC40B15DDAED03B132BDC0180ED0D38" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Asset Categories [Axis] </link:label>
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<link:label id="lab_us-gaap_PlanAssetCategoriesDomain_F89F93C3E0ED64F3C167DC0180EDA222_terseLabel_en-US" xlink:label="lab_us-gaap_PlanAssetCategoriesDomain_F89F93C3E0ED64F3C167DC0180EDA222" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Plan Asset Categories [Domain] </link:label>
<link:label id="lab_us-gaap_PlanAssetCategoriesDomain_F89F93C3E0ED64F3C167DC0180EDA222_label_en-US" xlink:label="lab_us-gaap_PlanAssetCategoriesDomain_F89F93C3E0ED64F3C167DC0180EDA222" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Plan Asset Categories [Domain] </link:label>
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<link:label id="lab_bk_FundOfFundsMember_E9601B4DDB25FFB3D1C9DC0180ED9D09_terseLabel_en-US" xlink:label="lab_bk_FundOfFundsMember_E9601B4DDB25FFB3D1C9DC0180ED9D09" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Funds of funds </link:label>
<link:label id="lab_bk_FundOfFundsMember_E9601B4DDB25FFB3D1C9DC0180ED9D09_label_en-US" xlink:label="lab_bk_FundOfFundsMember_E9601B4DDB25FFB3D1C9DC0180ED9D09" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fund Of Funds [Member] </link:label>
<link:label id="lab_bk_FundOfFundsMember_E9601B4DDB25FFB3D1C9DC0180ED9D09_documentation_en-US" xlink:label="lab_bk_FundOfFundsMember_E9601B4DDB25FFB3D1C9DC0180ED9D09" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fund of Funds [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_FundOfFundsMember" xlink:label="loc_bk_FundOfFundsMember_E9601B4DDB25FFB3D1C9DC0180ED9D09" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_FundOfFundsMember_E9601B4DDB25FFB3D1C9DC0180ED9D09" xlink:to="lab_bk_FundOfFundsMember_E9601B4DDB25FFB3D1C9DC0180ED9D09" xlink:type="arc"/>
<link:label id="lab_bk_VentureCapitalAndPartnershipInterestsMember_5818919F90B15060CBD7DC0180ED97AF_terseLabel_en-US" xlink:label="lab_bk_VentureCapitalAndPartnershipInterestsMember_5818919F90B15060CBD7DC0180ED97AF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Venture Capital and Partnership Interests </link:label>
<link:label id="lab_bk_VentureCapitalAndPartnershipInterestsMember_5818919F90B15060CBD7DC0180ED97AF_label_en-US" xlink:label="lab_bk_VentureCapitalAndPartnershipInterestsMember_5818919F90B15060CBD7DC0180ED97AF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Venture Capital And Partnership Interests [Member] </link:label>
<link:label id="lab_bk_VentureCapitalAndPartnershipInterestsMember_5818919F90B15060CBD7DC0180ED97AF_documentation_en-US" xlink:label="lab_bk_VentureCapitalAndPartnershipInterestsMember_5818919F90B15060CBD7DC0180ED97AF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Venture Capital And Partnership Interests </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_VentureCapitalAndPartnershipInterestsMember" xlink:label="loc_bk_VentureCapitalAndPartnershipInterestsMember_5818919F90B15060CBD7DC0180ED97AF" xlink:type="locator"/>
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<link:label id="lab_us-gaap_RealEstateFundsMember_66DBF3A49AEECAE7031FDC0180EDE5AD_terseLabel_en-US" xlink:label="lab_us-gaap_RealEstateFundsMember_66DBF3A49AEECAE7031FDC0180EDE5AD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Property Funds </link:label>
<link:label id="lab_us-gaap_RealEstateFundsMember_66DBF3A49AEECAE7031FDC0180EDE5AD_label_en-US" xlink:label="lab_us-gaap_RealEstateFundsMember_66DBF3A49AEECAE7031FDC0180EDE5AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Real Estate Funds [Member] </link:label>
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<link:label id="lab_us-gaap_CorporateDebtSecuritiesMember_2AA7CD68C1C747E04F43DC0180EDE8EA_verboseLabel_en-US" xlink:label="lab_us-gaap_CorporateDebtSecuritiesMember_2AA7CD68C1C747E04F43DC0180EDE8EA" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Corporate debt </link:label>
<link:label id="lab_us-gaap_CorporateDebtSecuritiesMember_2AA7CD68C1C747E04F43DC0180EDE8EA_label_en-US" xlink:label="lab_us-gaap_CorporateDebtSecuritiesMember_2AA7CD68C1C747E04F43DC0180EDE8EA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Corporate Debt Securities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="loc_us-gaap_CorporateDebtSecuritiesMember_2AA7CD68C1C747E04F43DC0180EDE8EA" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ContractHolderFundsMember_16A9A6F0A2E879052714DC0180ED1500_terseLabel_en-US" xlink:label="lab_us-gaap_ContractHolderFundsMember_16A9A6F0A2E879052714DC0180ED1500" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Contract Holder Funds </link:label>
<link:label id="lab_us-gaap_ContractHolderFundsMember_16A9A6F0A2E879052714DC0180ED1500_label_en-US" xlink:label="lab_us-gaap_ContractHolderFundsMember_16A9A6F0A2E879052714DC0180ED1500" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Contract Holder Funds [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ContractHolderFundsMember" xlink:label="loc_us-gaap_ContractHolderFundsMember_16A9A6F0A2E879052714DC0180ED1500" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanDisclosureLineItems_630E1CC60AB702AAE7A9DC0180EE195B_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanDisclosureLineItems_630E1CC60AB702AAE7A9DC0180EE195B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan Disclosure [Line Items] </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanDisclosureLineItems_630E1CC60AB702AAE7A9DC0180EE195B_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanDisclosureLineItems_630E1CC60AB702AAE7A9DC0180EE195B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan Disclosure [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="loc_us-gaap_DefinedBenefitPlanDisclosureLineItems_630E1CC60AB702AAE7A9DC0180EE195B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AlternativeInvestmentsFairValueDisclosure_0926BE27DCB4BA97E7AEDC0180EF268B_terseLabel_en-US" xlink:label="lab_us-gaap_AlternativeInvestmentsFairValueDisclosure_0926BE27DCB4BA97E7AEDC0180EF268B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair value </link:label>
<link:label id="lab_us-gaap_AlternativeInvestmentsFairValueDisclosure_0926BE27DCB4BA97E7AEDC0180EF268B_label_en-US" xlink:label="lab_us-gaap_AlternativeInvestmentsFairValueDisclosure_0926BE27DCB4BA97E7AEDC0180EF268B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Alternative Investment, Fair Value Disclosure </link:label>
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<link:label id="lab_us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments_73BF3768622B53211CBDDC0180EFA8D7_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments_73BF3768622B53211CBDDC0180EFA8D7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Unfunded commitments </link:label>
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<link:label id="lab_us-gaap_SupplementalCashFlowInformationAbstract_43BA2047A6254E5F3B17CA05B6ED6041_label_en-US" xlink:label="lab_us-gaap_SupplementalCashFlowInformationAbstract_43BA2047A6254E5F3B17CA05B6ED6041" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Supplemental Cash Flow Information [Abstract] </link:label>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_BE8BC0CB8CA18CD4CD96CA05BB67FC52_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_BE8BC0CB8CA18CD4CD96CA05BB67FC52" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax </link:label>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_849E855BC898A1094A03CA05BB682501_totalLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_849E855BC898A1094A03CA05BB682501" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total unrealized gain (loss) on assets available-for-sale </link:label>
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<link:label id="lab_bk_CanadianImperialBankOfCommerceMellonMember_B1A36AA0AD66C027F6ABCA34DA894755_terseLabel_en-US" xlink:label="lab_bk_CanadianImperialBankOfCommerceMellonMember_B1A36AA0AD66C027F6ABCA34DA894755" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> CIBC Mellon </link:label>
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<link:label id="lab_bk_InvestmentAndOtherIncome_6E6183A7125C75412E7DCA34DA89F874_documentation_en-US" xlink:label="lab_bk_InvestmentAndOtherIncome_6E6183A7125C75412E7DCA34DA89F874" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Investment and other income includes income from insurance contracts, gains and losses on seed capital investments, lease residual gains, expense reimbursements from joint ventures, equity investment revenue or loss, asset-related gains, gains and losses on private equity investments, and other income (loss). Asset-related gains include loan, real estate and other asset dispositions. Expense reimbursements from joint ventures relate to expenses incurred by BNY Mellon on behalf of joint ventures. Other income (loss) primarily includes fees from transitional service agreements, foreign currency remeasurement gain (loss), other investments and various miscellaneous revenues. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_InvestmentAndOtherIncome" xlink:label="loc_bk_InvestmentAndOtherIncome_6E6183A7125C75412E7DCA34DA89F874" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_A5F35463B173B39DA924CA34DA899DDD_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_A5F35463B173B39DA924CA34DA899DDD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Percentage ownership </link:label>
<link:label id="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_A5F35463B173B39DA924CA34DA899DDD_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_A5F35463B173B39DA924CA34DA899DDD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity Method Investment, Ownership Percentage </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:label="loc_us-gaap_EquityMethodInvestmentOwnershipPercentage_A5F35463B173B39DA924CA34DA899DDD" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EquityMethodInvestments_5AD78754CAB03CC2B916CA34DA89186D_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestments_5AD78754CAB03CC2B916CA34DA89186D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Book value </link:label>
<link:label id="lab_us-gaap_EquityMethodInvestments_5AD78754CAB03CC2B916CA34DA89186D_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestments_5AD78754CAB03CC2B916CA34DA89186D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity Method Investments </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityMethodInvestments" xlink:label="loc_us-gaap_EquityMethodInvestments_5AD78754CAB03CC2B916CA34DA89186D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_0773F0FBC19938246E2DCA05BAB8DA69_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_0773F0FBC19938246E2DCA05BAB8DA69" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Accounts, Notes, Loans and Financing Receivable [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_0773F0FBC19938246E2DCA05BAB8DA69_label_en-US" xlink:label="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_0773F0FBC19938246E2DCA05BAB8DA69" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Accounts, Notes, Loans and Financing Receivable [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="loc_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_0773F0FBC19938246E2DCA05BAB8DA69" xlink:type="locator"/>
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<link:label id="lab_bk_ForeignMember_B4C5680143CCE5E9954FCA05BAB8B195_terseLabel_en-US" xlink:label="lab_bk_ForeignMember_B4C5680143CCE5E9954FCA05BAB8B195" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign </link:label>
<link:label id="lab_bk_ForeignMember_B4C5680143CCE5E9954FCA05BAB8B195_label_en-US" xlink:label="lab_bk_ForeignMember_B4C5680143CCE5E9954FCA05BAB8B195" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign [Member] </link:label>
<link:label id="lab_bk_ForeignMember_B4C5680143CCE5E9954FCA05BAB8B195_documentation_en-US" xlink:label="lab_bk_ForeignMember_B4C5680143CCE5E9954FCA05BAB8B195" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Foreign </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ForeignMember" xlink:label="loc_bk_ForeignMember_B4C5680143CCE5E9954FCA05BAB8B195" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CommercialPortfolioSegmentMember_D80FC2E4F1130EE90F0ACA05BAB8A47A_terseLabel_en-US" xlink:label="lab_us-gaap_CommercialPortfolioSegmentMember_D80FC2E4F1130EE90F0ACA05BAB8A47A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Commercial </link:label>
<link:label id="lab_us-gaap_CommercialPortfolioSegmentMember_D80FC2E4F1130EE90F0ACA05BAB8A47A_label_en-US" xlink:label="lab_us-gaap_CommercialPortfolioSegmentMember_D80FC2E4F1130EE90F0ACA05BAB8A47A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commercial Portfolio Segment [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommercialPortfolioSegmentMember" xlink:label="loc_us-gaap_CommercialPortfolioSegmentMember_D80FC2E4F1130EE90F0ACA05BAB8A47A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CommercialRealEstatePortfolioSegmentMember_20A82DA3F1AE4F3D91BACA05BAB8EF25_terseLabel_en-US" xlink:label="lab_us-gaap_CommercialRealEstatePortfolioSegmentMember_20A82DA3F1AE4F3D91BACA05BAB8EF25" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Commercial real estate </link:label>
<link:label id="lab_us-gaap_CommercialRealEstatePortfolioSegmentMember_20A82DA3F1AE4F3D91BACA05BAB8EF25_label_en-US" xlink:label="lab_us-gaap_CommercialRealEstatePortfolioSegmentMember_20A82DA3F1AE4F3D91BACA05BAB8EF25" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commercial Real Estate Portfolio Segment [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommercialRealEstatePortfolioSegmentMember" xlink:label="loc_us-gaap_CommercialRealEstatePortfolioSegmentMember_20A82DA3F1AE4F3D91BACA05BAB8EF25" xlink:type="locator"/>
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<link:label id="lab_bk_FinancialInstitutionsPortfolioMember_8802EF324CEE690138BECA05BAB96115_terseLabel_en-US" xlink:label="lab_bk_FinancialInstitutionsPortfolioMember_8802EF324CEE690138BECA05BAB96115" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financial institutions </link:label>
<link:label id="lab_bk_FinancialInstitutionsPortfolioMember_8802EF324CEE690138BECA05BAB96115_label_en-US" xlink:label="lab_bk_FinancialInstitutionsPortfolioMember_8802EF324CEE690138BECA05BAB96115" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financial Institutions Portfolio [Member] </link:label>
<link:label id="lab_bk_FinancialInstitutionsPortfolioMember_8802EF324CEE690138BECA05BAB96115_documentation_en-US" xlink:label="lab_bk_FinancialInstitutionsPortfolioMember_8802EF324CEE690138BECA05BAB96115" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Financial Institutions Portfolio </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_FinancialInstitutionsPortfolioMember" xlink:label="loc_bk_FinancialInstitutionsPortfolioMember_8802EF324CEE690138BECA05BAB96115" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FinanceLeasesPortfolioSegmentMember_0B45743DB8B45D7E0C8BCA05BAB9606E_terseLabel_en-US" xlink:label="lab_us-gaap_FinanceLeasesPortfolioSegmentMember_0B45743DB8B45D7E0C8BCA05BAB9606E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Lease financings </link:label>
<link:label id="lab_us-gaap_FinanceLeasesPortfolioSegmentMember_0B45743DB8B45D7E0C8BCA05BAB9606E_label_en-US" xlink:label="lab_us-gaap_FinanceLeasesPortfolioSegmentMember_0B45743DB8B45D7E0C8BCA05BAB9606E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finance Leases Portfolio Segment [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinanceLeasesPortfolioSegmentMember" xlink:label="loc_us-gaap_FinanceLeasesPortfolioSegmentMember_0B45743DB8B45D7E0C8BCA05BAB9606E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_BankOverdraftsMember_DBC74D7786E5BE603992CA05BAB98675_terseLabel_en-US" xlink:label="lab_us-gaap_BankOverdraftsMember_DBC74D7786E5BE603992CA05BAB98675" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Overdrafts </link:label>
<link:label id="lab_us-gaap_BankOverdraftsMember_DBC74D7786E5BE603992CA05BAB98675_label_en-US" xlink:label="lab_us-gaap_BankOverdraftsMember_DBC74D7786E5BE603992CA05BAB98675" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Bank Overdrafts [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BankOverdraftsMember" xlink:label="loc_us-gaap_BankOverdraftsMember_DBC74D7786E5BE603992CA05BAB98675" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BankOverdraftsMember_DBC74D7786E5BE603992CA05BAB98675" xlink:to="lab_us-gaap_BankOverdraftsMember_DBC74D7786E5BE603992CA05BAB98675" xlink:type="arc"/>
<link:label id="lab_bk_OtherLoansMember_8C3407AB09C17C6E6F3FCA05BAB94CB9_terseLabel_en-US" xlink:label="lab_bk_OtherLoansMember_8C3407AB09C17C6E6F3FCA05BAB94CB9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other </link:label>
<link:label id="lab_bk_OtherLoansMember_8C3407AB09C17C6E6F3FCA05BAB94CB9_label_en-US" xlink:label="lab_bk_OtherLoansMember_8C3407AB09C17C6E6F3FCA05BAB94CB9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Loans [Member] </link:label>
<link:label id="lab_bk_OtherLoansMember_8C3407AB09C17C6E6F3FCA05BAB94CB9_documentation_en-US" xlink:label="lab_bk_OtherLoansMember_8C3407AB09C17C6E6F3FCA05BAB94CB9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other loans </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_OtherLoansMember" xlink:label="loc_bk_OtherLoansMember_8C3407AB09C17C6E6F3FCA05BAB94CB9" xlink:type="locator"/>
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<link:label id="lab_bk_MarginLoanMember_8ED27D374975E5E3DF3FCA05BAB9E562_terseLabel_en-US" xlink:label="lab_bk_MarginLoanMember_8ED27D374975E5E3DF3FCA05BAB9E562" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Margin loans </link:label>
<link:label id="lab_bk_MarginLoanMember_8ED27D374975E5E3DF3FCA05BAB9E562_label_en-US" xlink:label="lab_bk_MarginLoanMember_8ED27D374975E5E3DF3FCA05BAB9E562" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Margin Loan [Member] </link:label>
<link:label id="lab_bk_MarginLoanMember_8ED27D374975E5E3DF3FCA05BAB9E562_documentation_en-US" xlink:label="lab_bk_MarginLoanMember_8ED27D374975E5E3DF3FCA05BAB9E562" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Margin Loan </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_MarginLoanMember" xlink:label="loc_bk_MarginLoanMember_8ED27D374975E5E3DF3FCA05BAB9E562" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AccountsNotesAndLoansReceivableLineItems_626181B47E414637AB4ACA05BAB9AAB7_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsNotesAndLoansReceivableLineItems_626181B47E414637AB4ACA05BAB9AAB7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accounts, Notes, Loans and Financing Receivable [Line Items] </link:label>
<link:label id="lab_us-gaap_AccountsNotesAndLoansReceivableLineItems_626181B47E414637AB4ACA05BAB9AAB7_label_en-US" xlink:label="lab_us-gaap_AccountsNotesAndLoansReceivableLineItems_626181B47E414637AB4ACA05BAB9AAB7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accounts, Notes, Loans and Financing Receivable [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="loc_us-gaap_AccountsNotesAndLoansReceivableLineItems_626181B47E414637AB4ACA05BAB9AAB7" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome_7C39B4190B004AAE0ED5CA05BAB9BD33_terseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome_7C39B4190B004AAE0ED5CA05BAB9BD33" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans </link:label>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome_7C39B4190B004AAE0ED5CA05BAB9BD33_label_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome_7C39B4190B004AAE0ED5CA05BAB9BD33" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable, Net of Deferred Income </link:label>
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<link:label id="lab_us-gaap_DeferredRevenue_BA2AFBCB6BB4DC1BA41CCA05BAB95602_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredRevenue_BA2AFBCB6BB4DC1BA41CCA05BAB95602" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Unearned income on lease financings </link:label>
<link:label id="lab_us-gaap_DeferredRevenue_BA2AFBCB6BB4DC1BA41CCA05BAB95602_label_en-US" xlink:label="lab_us-gaap_DeferredRevenue_BA2AFBCB6BB4DC1BA41CCA05BAB95602" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred Revenue </link:label>
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<link:label id="lab_us-gaap_RetirementPlanSponsorLocationAxis_3035A4F326C1AEC06DBCCA05B94D2E95_terseLabel_en-US" xlink:label="lab_us-gaap_RetirementPlanSponsorLocationAxis_3035A4F326C1AEC06DBCCA05B94D2E95" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Retirement Plan Sponsor Location [Axis] </link:label>
<link:label id="lab_us-gaap_RetirementPlanSponsorLocationAxis_3035A4F326C1AEC06DBCCA05B94D2E95_label_en-US" xlink:label="lab_us-gaap_RetirementPlanSponsorLocationAxis_3035A4F326C1AEC06DBCCA05B94D2E95" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Retirement Plan Sponsor Location [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RetirementPlanSponsorLocationAxis" xlink:label="loc_us-gaap_RetirementPlanSponsorLocationAxis_3035A4F326C1AEC06DBCCA05B94D2E95" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RetirementPlanSponsorLocationAxis_3035A4F326C1AEC06DBCCA05B94D2E95" xlink:to="lab_us-gaap_RetirementPlanSponsorLocationAxis_3035A4F326C1AEC06DBCCA05B94D2E95" xlink:type="arc"/>
<link:label id="lab_us-gaap_RetirementPlanSponsorLocationDomain_B63CD954875D11619F7BCA05B94D5DE2_terseLabel_en-US" xlink:label="lab_us-gaap_RetirementPlanSponsorLocationDomain_B63CD954875D11619F7BCA05B94D5DE2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Retirement Plan Sponsor Location [Domain] </link:label>
<link:label id="lab_us-gaap_RetirementPlanSponsorLocationDomain_B63CD954875D11619F7BCA05B94D5DE2_label_en-US" xlink:label="lab_us-gaap_RetirementPlanSponsorLocationDomain_B63CD954875D11619F7BCA05B94D5DE2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Retirement Plan Sponsor Location [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RetirementPlanSponsorLocationDomain" xlink:label="loc_us-gaap_RetirementPlanSponsorLocationDomain_B63CD954875D11619F7BCA05B94D5DE2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RetirementPlanSponsorLocationDomain_B63CD954875D11619F7BCA05B94D5DE2" xlink:to="lab_us-gaap_RetirementPlanSponsorLocationDomain_B63CD954875D11619F7BCA05B94D5DE2" xlink:type="arc"/>
<link:label id="lab_us-gaap_DomesticPlanMember_9843FA1DE406500E1A39CA05B94D5F2F_terseLabel_en-US" xlink:label="lab_us-gaap_DomesticPlanMember_9843FA1DE406500E1A39CA05B94D5F2F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Domestic pension benefits </link:label>
<link:label id="lab_us-gaap_DomesticPlanMember_9843FA1DE406500E1A39CA05B94D5F2F_label_en-US" xlink:label="lab_us-gaap_DomesticPlanMember_9843FA1DE406500E1A39CA05B94D5F2F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Domestic Plan [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DomesticPlanMember" xlink:label="loc_us-gaap_DomesticPlanMember_9843FA1DE406500E1A39CA05B94D5F2F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DomesticPlanMember_9843FA1DE406500E1A39CA05B94D5F2F" xlink:to="lab_us-gaap_DomesticPlanMember_9843FA1DE406500E1A39CA05B94D5F2F" xlink:type="arc"/>
<link:label id="lab_us-gaap_ForeignPlanMember_701F893740D22D263C54CA05B94D830A_terseLabel_en-US" xlink:label="lab_us-gaap_ForeignPlanMember_701F893740D22D263C54CA05B94D830A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign pension benefits </link:label>
<link:label id="lab_us-gaap_ForeignPlanMember_701F893740D22D263C54CA05B94D830A_label_en-US" xlink:label="lab_us-gaap_ForeignPlanMember_701F893740D22D263C54CA05B94D830A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign Plan [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ForeignPlanMember" xlink:label="loc_us-gaap_ForeignPlanMember_701F893740D22D263C54CA05B94D830A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ForeignPlanMember_701F893740D22D263C54CA05B94D830A" xlink:to="lab_us-gaap_ForeignPlanMember_701F893740D22D263C54CA05B94D830A" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueInputsLevel1Member_B6211CA231A7B5E22F95CA05B94D962F_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel1Member_B6211CA231A7B5E22F95CA05B94D962F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Level 1 </link:label>
<link:label id="lab_us-gaap_FairValueInputsLevel1Member_B6211CA231A7B5E22F95CA05B94D962F_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel1Member_B6211CA231A7B5E22F95CA05B94D962F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Inputs, Level 1 [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="loc_us-gaap_FairValueInputsLevel1Member_B6211CA231A7B5E22F95CA05B94D962F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueInputsLevel2Member_DB47FCE20F2D35A46EBCCA05B94E2C16_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel2Member_DB47FCE20F2D35A46EBCCA05B94E2C16" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Level 2 </link:label>
<link:label id="lab_us-gaap_FairValueInputsLevel2Member_DB47FCE20F2D35A46EBCCA05B94E2C16_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel2Member_DB47FCE20F2D35A46EBCCA05B94E2C16" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Inputs, Level 2 [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="loc_us-gaap_FairValueInputsLevel2Member_DB47FCE20F2D35A46EBCCA05B94E2C16" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel2Member_DB47FCE20F2D35A46EBCCA05B94E2C16" xlink:to="lab_us-gaap_FairValueInputsLevel2Member_DB47FCE20F2D35A46EBCCA05B94E2C16" xlink:type="arc"/>
<link:label id="lab_bk_CommonAndPreferredStockUsEquityMember_E2E983FFB8A9133D50D3CA05B94E6AF0_terseLabel_en-US" xlink:label="lab_bk_CommonAndPreferredStockUsEquityMember_E2E983FFB8A9133D50D3CA05B94E6AF0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common and Preferred Stock, U.S. Equity </link:label>
<link:label id="lab_bk_CommonAndPreferredStockUsEquityMember_E2E983FFB8A9133D50D3CA05B94E6AF0_label_en-US" xlink:label="lab_bk_CommonAndPreferredStockUsEquityMember_E2E983FFB8A9133D50D3CA05B94E6AF0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common And Preferred Stock Us Equity [Member] </link:label>
<link:label id="lab_bk_CommonAndPreferredStockUsEquityMember_E2E983FFB8A9133D50D3CA05B94E6AF0_documentation_en-US" xlink:label="lab_bk_CommonAndPreferredStockUsEquityMember_E2E983FFB8A9133D50D3CA05B94E6AF0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Common and Preferred Stock, US Equity [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_CommonAndPreferredStockUsEquityMember" xlink:label="loc_bk_CommonAndPreferredStockUsEquityMember_E2E983FFB8A9133D50D3CA05B94E6AF0" xlink:type="locator"/>
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<link:label id="lab_bk_CommonAndPreferredStockNonUsEquityMember_0E97B6BB1B334AAF7E58CA05B94EFBD9_terseLabel_en-US" xlink:label="lab_bk_CommonAndPreferredStockNonUsEquityMember_0E97B6BB1B334AAF7E58CA05B94EFBD9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common and Preferred Stock, Non-U.S. Equity </link:label>
<link:label id="lab_bk_CommonAndPreferredStockNonUsEquityMember_0E97B6BB1B334AAF7E58CA05B94EFBD9_label_en-US" xlink:label="lab_bk_CommonAndPreferredStockNonUsEquityMember_0E97B6BB1B334AAF7E58CA05B94EFBD9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common And Preferred Stock Non Us Equity [Member] </link:label>
<link:label id="lab_bk_CommonAndPreferredStockNonUsEquityMember_0E97B6BB1B334AAF7E58CA05B94EFBD9_documentation_en-US" xlink:label="lab_bk_CommonAndPreferredStockNonUsEquityMember_0E97B6BB1B334AAF7E58CA05B94EFBD9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Common and Preferred Stock, Non US Equity [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_CommonAndPreferredStockNonUsEquityMember" xlink:label="loc_bk_CommonAndPreferredStockNonUsEquityMember_0E97B6BB1B334AAF7E58CA05B94EFBD9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_CommonAndPreferredStockNonUsEquityMember_0E97B6BB1B334AAF7E58CA05B94EFBD9" xlink:to="lab_bk_CommonAndPreferredStockNonUsEquityMember_0E97B6BB1B334AAF7E58CA05B94EFBD9" xlink:type="arc"/>
<link:label id="lab_bk_CollectiveTrustFundsCommingledMember_F87809B03491647A4B2BCA05B94E2DC1_terseLabel_en-US" xlink:label="lab_bk_CollectiveTrustFundsCommingledMember_F87809B03491647A4B2BCA05B94E2DC1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Collective Trust Funds, Commingled </link:label>
<link:label id="lab_bk_CollectiveTrustFundsCommingledMember_F87809B03491647A4B2BCA05B94E2DC1_label_en-US" xlink:label="lab_bk_CollectiveTrustFundsCommingledMember_F87809B03491647A4B2BCA05B94E2DC1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Collective Trust Funds Commingled [Member] </link:label>
<link:label id="lab_bk_CollectiveTrustFundsCommingledMember_F87809B03491647A4B2BCA05B94E2DC1_documentation_en-US" xlink:label="lab_bk_CollectiveTrustFundsCommingledMember_F87809B03491647A4B2BCA05B94E2DC1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Collective Trust Funds, Commingled [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_CollectiveTrustFundsCommingledMember" xlink:label="loc_bk_CollectiveTrustFundsCommingledMember_F87809B03491647A4B2BCA05B94E2DC1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_CollectiveTrustFundsCommingledMember_F87809B03491647A4B2BCA05B94E2DC1" xlink:to="lab_bk_CollectiveTrustFundsCommingledMember_F87809B03491647A4B2BCA05B94E2DC1" xlink:type="arc"/>
<link:label id="lab_bk_CollectiveTrustFundsUsEquityMember_03971C9C33EF78660FD1CA05B94E73CE_terseLabel_en-US" xlink:label="lab_bk_CollectiveTrustFundsUsEquityMember_03971C9C33EF78660FD1CA05B94E73CE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Collective Trust Funds, U.S. Equity </link:label>
<link:label id="lab_bk_CollectiveTrustFundsUsEquityMember_03971C9C33EF78660FD1CA05B94E73CE_label_en-US" xlink:label="lab_bk_CollectiveTrustFundsUsEquityMember_03971C9C33EF78660FD1CA05B94E73CE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Collective Trust Funds Us Equity [Member] </link:label>
<link:label id="lab_bk_CollectiveTrustFundsUsEquityMember_03971C9C33EF78660FD1CA05B94E73CE_documentation_en-US" xlink:label="lab_bk_CollectiveTrustFundsUsEquityMember_03971C9C33EF78660FD1CA05B94E73CE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Collective Trust Funds, US Equity [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_CollectiveTrustFundsUsEquityMember" xlink:label="loc_bk_CollectiveTrustFundsUsEquityMember_03971C9C33EF78660FD1CA05B94E73CE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_CollectiveTrustFundsUsEquityMember_03971C9C33EF78660FD1CA05B94E73CE" xlink:to="lab_bk_CollectiveTrustFundsUsEquityMember_03971C9C33EF78660FD1CA05B94E73CE" xlink:type="arc"/>
<link:label id="lab_us-gaap_USTreasurySecuritiesMember_FEF4F2FA9DD3B9340563CA05B94E792A_verboseLabel_en-US" xlink:label="lab_us-gaap_USTreasurySecuritiesMember_FEF4F2FA9DD3B9340563CA05B94E792A" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> U.S. Treasury securities </link:label>
<link:label id="lab_us-gaap_USTreasurySecuritiesMember_FEF4F2FA9DD3B9340563CA05B94E792A_label_en-US" xlink:label="lab_us-gaap_USTreasurySecuritiesMember_FEF4F2FA9DD3B9340563CA05B94E792A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> US Treasury Securities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_USTreasurySecuritiesMember" xlink:label="loc_us-gaap_USTreasurySecuritiesMember_FEF4F2FA9DD3B9340563CA05B94E792A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_USTreasurySecuritiesMember_FEF4F2FA9DD3B9340563CA05B94E792A" xlink:to="lab_us-gaap_USTreasurySecuritiesMember_FEF4F2FA9DD3B9340563CA05B94E792A" xlink:type="arc"/>
<link:label id="lab_us-gaap_USGovernmentAgenciesDebtSecuritiesMember_B4833E808A0725E98203CA05B94E8C97_verboseLabel_en-US" xlink:label="lab_us-gaap_USGovernmentAgenciesDebtSecuritiesMember_B4833E808A0725E98203CA05B94E8C97" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> U.S. government agencies </link:label>
<link:label id="lab_us-gaap_USGovernmentAgenciesDebtSecuritiesMember_B4833E808A0725E98203CA05B94E8C97_label_en-US" xlink:label="lab_us-gaap_USGovernmentAgenciesDebtSecuritiesMember_B4833E808A0725E98203CA05B94E8C97" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> US Government Agencies Debt Securities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_USGovernmentAgenciesDebtSecuritiesMember" xlink:label="loc_us-gaap_USGovernmentAgenciesDebtSecuritiesMember_B4833E808A0725E98203CA05B94E8C97" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_USGovernmentAgenciesDebtSecuritiesMember_B4833E808A0725E98203CA05B94E8C97" xlink:to="lab_us-gaap_USGovernmentAgenciesDebtSecuritiesMember_B4833E808A0725E98203CA05B94E8C97" xlink:type="arc"/>
<link:label id="lab_bk_SovereignGovernmentObligationsMember_BC4682BD5945985CCF9ECA05B94EF4EC_terseLabel_en-US" xlink:label="lab_bk_SovereignGovernmentObligationsMember_BC4682BD5945985CCF9ECA05B94EF4EC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Sovereign government obligations </link:label>
<link:label id="lab_bk_SovereignGovernmentObligationsMember_BC4682BD5945985CCF9ECA05B94EF4EC_label_en-US" xlink:label="lab_bk_SovereignGovernmentObligationsMember_BC4682BD5945985CCF9ECA05B94EF4EC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Sovereign Government Obligations [Member] </link:label>
<link:label id="lab_bk_SovereignGovernmentObligationsMember_BC4682BD5945985CCF9ECA05B94EF4EC_documentation_en-US" xlink:label="lab_bk_SovereignGovernmentObligationsMember_BC4682BD5945985CCF9ECA05B94EF4EC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Sovereign Government Obligations </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_SovereignGovernmentObligationsMember" xlink:label="loc_bk_SovereignGovernmentObligationsMember_BC4682BD5945985CCF9ECA05B94EF4EC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SovereignGovernmentObligationsMember_BC4682BD5945985CCF9ECA05B94EF4EC" xlink:to="lab_bk_SovereignGovernmentObligationsMember_BC4682BD5945985CCF9ECA05B94EF4EC" xlink:type="arc"/>
<link:label id="lab_us-gaap_DomesticCorporateDebtSecuritiesMember_6FD131AA04CEA6EBB9C4CA05B94E7B27_terseLabel_en-US" xlink:label="lab_us-gaap_DomesticCorporateDebtSecuritiesMember_6FD131AA04CEA6EBB9C4CA05B94E7B27" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> U.S. corporate bonds </link:label>
<link:label id="lab_us-gaap_DomesticCorporateDebtSecuritiesMember_6FD131AA04CEA6EBB9C4CA05B94E7B27_label_en-US" xlink:label="lab_us-gaap_DomesticCorporateDebtSecuritiesMember_6FD131AA04CEA6EBB9C4CA05B94E7B27" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Domestic Corporate Debt Securities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DomesticCorporateDebtSecuritiesMember" xlink:label="loc_us-gaap_DomesticCorporateDebtSecuritiesMember_6FD131AA04CEA6EBB9C4CA05B94E7B27" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherDebtSecuritiesMember_AC99543D61B6743E81ADCA05B94E24B7_terseLabel_en-US" xlink:label="lab_us-gaap_OtherDebtSecuritiesMember_AC99543D61B6743E81ADCA05B94E24B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other debt securities </link:label>
<link:label id="lab_us-gaap_OtherDebtSecuritiesMember_AC99543D61B6743E81ADCA05B94E24B7_label_en-US" xlink:label="lab_us-gaap_OtherDebtSecuritiesMember_AC99543D61B6743E81ADCA05B94E24B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Debt Obligations [Member] </link:label>
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<link:label id="lab_us-gaap_MutualFundMember_D61A22FF48FD4B5D6C76CA05B94EB23F_terseLabel_en-US" xlink:label="lab_us-gaap_MutualFundMember_D61A22FF48FD4B5D6C76CA05B94EB23F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Mutual funds </link:label>
<link:label id="lab_us-gaap_MutualFundMember_D61A22FF48FD4B5D6C76CA05B94EB23F_label_en-US" xlink:label="lab_us-gaap_MutualFundMember_D61A22FF48FD4B5D6C76CA05B94EB23F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Mutual Fund [Member] </link:label>
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<link:label id="lab_us-gaap_ExchangeTradedFundsMember_36F925E8ACC7ACA38C9BCA05B94E992F_terseLabel_en-US" xlink:label="lab_us-gaap_ExchangeTradedFundsMember_36F925E8ACC7ACA38C9BCA05B94E992F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Exchange-traded funds </link:label>
<link:label id="lab_us-gaap_ExchangeTradedFundsMember_36F925E8ACC7ACA38C9BCA05B94E992F_label_en-US" xlink:label="lab_us-gaap_ExchangeTradedFundsMember_36F925E8ACC7ACA38C9BCA05B94E992F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Exchange Traded Funds [Member] </link:label>
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<link:label id="lab_us-gaap_EquityFundsMember_4B634F78640C9FEF8B04CA05B94F1006_terseLabel_en-US" xlink:label="lab_us-gaap_EquityFundsMember_4B634F78640C9FEF8B04CA05B94F1006" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Equity Funds </link:label>
<link:label id="lab_us-gaap_EquityFundsMember_4B634F78640C9FEF8B04CA05B94F1006_label_en-US" xlink:label="lab_us-gaap_EquityFundsMember_4B634F78640C9FEF8B04CA05B94F1006" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity Funds [Member] </link:label>
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<link:label id="lab_us-gaap_CorporateDebtSecuritiesMember_41DBF589361D7ED3241FCA05B94F26F7_terseLabel_en-US" xlink:label="lab_us-gaap_CorporateDebtSecuritiesMember_41DBF589361D7ED3241FCA05B94F26F7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Corporate bonds </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="loc_us-gaap_CorporateDebtSecuritiesMember_41DBF589361D7ED3241FCA05B94F26F7" xlink:type="locator"/>
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<link:label id="lab_bk_CashAndCurrencyMember_5942D3AEA68C34943313CA05B94F1227_terseLabel_en-US" xlink:label="lab_bk_CashAndCurrencyMember_5942D3AEA68C34943313CA05B94F1227" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash and Currency </link:label>
<link:label id="lab_bk_CashAndCurrencyMember_5942D3AEA68C34943313CA05B94F1227_label_en-US" xlink:label="lab_bk_CashAndCurrencyMember_5942D3AEA68C34943313CA05B94F1227" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash And Currency [Member] </link:label>
<link:label id="lab_bk_CashAndCurrencyMember_5942D3AEA68C34943313CA05B94F1227_documentation_en-US" xlink:label="lab_bk_CashAndCurrencyMember_5942D3AEA68C34943313CA05B94F1227" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Cash And Currency </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_CashAndCurrencyMember" xlink:label="loc_bk_CashAndCurrencyMember_5942D3AEA68C34943313CA05B94F1227" xlink:type="locator"/>
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<link:label id="lab_bk_OtherAssetsMeasuredatNetAssetValueMember_3D3C8F4D888FC2E616E2CA05B94F6ED6_terseLabel_en-US" xlink:label="lab_bk_OtherAssetsMeasuredatNetAssetValueMember_3D3C8F4D888FC2E616E2CA05B94F6ED6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other assets measured at net asset value </link:label>
<link:label id="lab_bk_OtherAssetsMeasuredatNetAssetValueMember_3D3C8F4D888FC2E616E2CA05B94F6ED6_label_en-US" xlink:label="lab_bk_OtherAssetsMeasuredatNetAssetValueMember_3D3C8F4D888FC2E616E2CA05B94F6ED6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Assets Measured at Net Asset Value [Member] </link:label>
<link:label id="lab_bk_OtherAssetsMeasuredatNetAssetValueMember_3D3C8F4D888FC2E616E2CA05B94F6ED6_documentation_en-US" xlink:label="lab_bk_OtherAssetsMeasuredatNetAssetValueMember_3D3C8F4D888FC2E616E2CA05B94F6ED6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Assets Measured at Net Asset Value [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_OtherAssetsMeasuredatNetAssetValueMember" xlink:label="loc_bk_OtherAssetsMeasuredatNetAssetValueMember_3D3C8F4D888FC2E616E2CA05B94F6ED6" xlink:type="locator"/>
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<link:label id="lab_bk_DefinedBenefitPlanAlternativeInvestmentsFairValueOfPlanAssets_77D796B4F98A1E8ABF13CA05B94F0748_terseLabel_en-US" xlink:label="lab_bk_DefinedBenefitPlanAlternativeInvestmentsFairValueOfPlanAssets_77D796B4F98A1E8ABF13CA05B94F0748" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Plan assets at net asset value </link:label>
<link:label id="lab_bk_DefinedBenefitPlanAlternativeInvestmentsFairValueOfPlanAssets_77D796B4F98A1E8ABF13CA05B94F0748_label_en-US" xlink:label="lab_bk_DefinedBenefitPlanAlternativeInvestmentsFairValueOfPlanAssets_77D796B4F98A1E8ABF13CA05B94F0748" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Alternative Investments, Fair Value Of Plan Assets </link:label>
<link:label id="lab_bk_DefinedBenefitPlanAlternativeInvestmentsFairValueOfPlanAssets_77D796B4F98A1E8ABF13CA05B94F0748_documentation_en-US" xlink:label="lab_bk_DefinedBenefitPlanAlternativeInvestmentsFairValueOfPlanAssets_77D796B4F98A1E8ABF13CA05B94F0748" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Alternative Investments, Fair Value Of Plan Assets </link:label>
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<link:label id="lab_bk_DefinedBenefitPlanFairValueofPlanAssetsExcludingNetAssetValueInvestments_62B8455BE5677BC48DDBCA05B94F39DD_terseLabel_en-US" xlink:label="lab_bk_DefinedBenefitPlanFairValueofPlanAssetsExcludingNetAssetValueInvestments_62B8455BE5677BC48DDBCA05B94F39DD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Plan investment assets, at fair value </link:label>
<link:label id="lab_bk_DefinedBenefitPlanFairValueofPlanAssetsExcludingNetAssetValueInvestments_62B8455BE5677BC48DDBCA05B94F39DD_label_en-US" xlink:label="lab_bk_DefinedBenefitPlanFairValueofPlanAssetsExcludingNetAssetValueInvestments_62B8455BE5677BC48DDBCA05B94F39DD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Fair Value of Plan Assets, Excluding Net Asset Value Investments </link:label>
<link:label id="lab_bk_DefinedBenefitPlanFairValueofPlanAssetsExcludingNetAssetValueInvestments_62B8455BE5677BC48DDBCA05B94F39DD_documentation_en-US" xlink:label="lab_bk_DefinedBenefitPlanFairValueofPlanAssetsExcludingNetAssetValueInvestments_62B8455BE5677BC48DDBCA05B94F39DD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Fair Value of Plan Assets, Excluding Net Asset Value Investments </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_DefinedBenefitPlanFairValueofPlanAssetsExcludingNetAssetValueInvestments" xlink:label="loc_bk_DefinedBenefitPlanFairValueofPlanAssetsExcludingNetAssetValueInvestments_62B8455BE5677BC48DDBCA05B94F39DD" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_F6686E701BACAA528BCECA05B94F82CF_totalLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_F6686E701BACAA528BCECA05B94F82CF" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Plan assets, at fair value </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_F6686E701BACAA528BCECA05B94F82CF_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_F6686E701BACAA528BCECA05B94F82CF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Fair Value of Plan Assets </link:label>
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<link:label id="lab_bk_InvestmentsInDebtAndMarketableEquitySecuritiesDisclosureTextBlock_8893312F813CF24C5DC7CA05BAFD8A33_terseLabel_en-US" xlink:label="lab_bk_InvestmentsInDebtAndMarketableEquitySecuritiesDisclosureTextBlock_8893312F813CF24C5DC7CA05BAFD8A33" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities </link:label>
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<link:label id="lab_us-gaap_PensionPlansDefinedBenefitMember_53B4393463E3D60B6D93CA34D95AC646_verboseLabel_en-US" xlink:label="lab_us-gaap_PensionPlansDefinedBenefitMember_53B4393463E3D60B6D93CA34D95AC646" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Pension Benefits </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPostretirementHealthCoverageMember_A9F6948EE3559BFD1B83CA34D95A249E_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPostretirementHealthCoverageMember_A9F6948EE3559BFD1B83CA34D95A249E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other post-retirement benefits </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedAmortizationOfGainLossNextFiscalYear_E970082276E3809C38C5CA34D95A98B9_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedAmortizationOfGainLossNextFiscalYear_E970082276E3809C38C5CA34D95A98B9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss recognition </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedAmortizationOfGainLossNextFiscalYear_E970082276E3809C38C5CA34D95A98B9_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedAmortizationOfGainLossNextFiscalYear_E970082276E3809C38C5CA34D95A98B9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Expected Amortization of Gain (Loss), Next Fiscal Year </link:label>
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<link:label id="lab_bk_LoanPortfolioTableTextBlock_917884D79D5667BF93B7CA05BABDCD77_terseLabel_en-US" xlink:label="lab_bk_LoanPortfolioTableTextBlock_917884D79D5667BF93B7CA05BABDCD77" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Loan Portfolio and Industry Concentrations of Credit Risk </link:label>
<link:label id="lab_bk_LoanPortfolioTableTextBlock_917884D79D5667BF93B7CA05BABDCD77_label_en-US" xlink:label="lab_bk_LoanPortfolioTableTextBlock_917884D79D5667BF93B7CA05BABDCD77" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loan Portfolio [Table Text Block] </link:label>
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<link:label id="lab_bk_ImpairedLoansDisclosureTableTextBlock_F704D07E2D1DEE51FF09CA05BABEBD5F_terseLabel_en-US" xlink:label="lab_bk_ImpairedLoansDisclosureTableTextBlock_F704D07E2D1DEE51FF09CA05BABEBD5F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Information about Impaired Loans </link:label>
<link:label id="lab_bk_ImpairedLoansDisclosureTableTextBlock_F704D07E2D1DEE51FF09CA05BABEBD5F_label_en-US" xlink:label="lab_bk_ImpairedLoansDisclosureTableTextBlock_F704D07E2D1DEE51FF09CA05BABEBD5F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impaired Loans Disclosure [Table Text Block] </link:label>
<link:label id="lab_bk_ImpairedLoansDisclosureTableTextBlock_F704D07E2D1DEE51FF09CA05BABEBD5F_documentation_en-US" xlink:label="lab_bk_ImpairedLoansDisclosureTableTextBlock_F704D07E2D1DEE51FF09CA05BABEBD5F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Impaired Loans Disclosure </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ImpairedLoansDisclosureTableTextBlock" xlink:label="loc_bk_ImpairedLoansDisclosureTableTextBlock_F704D07E2D1DEE51FF09CA05BABEBD5F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PastDueFinancingReceivablesTableTextBlock_C1C6AC0718961E6B36A7CA05BABE8562_terseLabel_en-US" xlink:label="lab_us-gaap_PastDueFinancingReceivablesTableTextBlock_C1C6AC0718961E6B36A7CA05BABE8562" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Information about Past Due Loans </link:label>
<link:label id="lab_us-gaap_PastDueFinancingReceivablesTableTextBlock_C1C6AC0718961E6B36A7CA05BABE8562_label_en-US" xlink:label="lab_us-gaap_PastDueFinancingReceivablesTableTextBlock_C1C6AC0718961E6B36A7CA05BABE8562" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Past Due Financing Receivables [Table Text Block] </link:label>
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<link:label id="lab_us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock_E5E3F806716145AB7AB2CA05BABE65DC_terseLabel_en-US" xlink:label="lab_us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock_E5E3F806716145AB7AB2CA05BABE65DC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Troubled Debt Restructurings </link:label>
<link:label id="lab_us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock_E5E3F806716145AB7AB2CA05BABE65DC_label_en-US" xlink:label="lab_us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock_E5E3F806716145AB7AB2CA05BABE65DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Troubled Debt Restructurings on Financing Receivables [Table Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock" xlink:label="loc_us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock_E5E3F806716145AB7AB2CA05BABE65DC" xlink:type="locator"/>
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<link:label id="lab_bk_FinancingReceivableCreditQualityIndicatorsTableCommercialPortfolioTableTextBlock_FC33ADBF36DB15AB1EA2CA05BABE375B_terseLabel_en-US" xlink:label="lab_bk_FinancingReceivableCreditQualityIndicatorsTableCommercialPortfolioTableTextBlock_FC33ADBF36DB15AB1EA2CA05BABE375B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Credit Quality Indicators - Commercial Portfolio - Credit Risk Profile by Creditworthiness Category </link:label>
<link:label id="lab_bk_FinancingReceivableCreditQualityIndicatorsTableCommercialPortfolioTableTextBlock_FC33ADBF36DB15AB1EA2CA05BABE375B_label_en-US" xlink:label="lab_bk_FinancingReceivableCreditQualityIndicatorsTableCommercialPortfolioTableTextBlock_FC33ADBF36DB15AB1EA2CA05BABE375B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable Credit Quality Indicators Table Commercial Portfolio [Table Text Block] </link:label>
<link:label id="lab_bk_FinancingReceivableCreditQualityIndicatorsTableCommercialPortfolioTableTextBlock_FC33ADBF36DB15AB1EA2CA05BABE375B_documentation_en-US" xlink:label="lab_bk_FinancingReceivableCreditQualityIndicatorsTableCommercialPortfolioTableTextBlock_FC33ADBF36DB15AB1EA2CA05BABE375B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Financing Receivable Credit Quality Indicators Table Commercial Portfolio </link:label>
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<link:label id="lab_bk_FinancingReceivableCreditQualityIndicatorsTableWealthManagementLoansTableTextBlock_A7FDB0965F242264A4CDCA05BABE6042_terseLabel_en-US" xlink:label="lab_bk_FinancingReceivableCreditQualityIndicatorsTableWealthManagementLoansTableTextBlock_A7FDB0965F242264A4CDCA05BABE6042" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Credit Quality Indicators - Wealth Management Loans and Mortgages - Credit Risk Profile by Internally Assigned Grade </link:label>
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<link:label id="lab_us-gaap_DerivativeContractTypeDomain_A004F8A9BB3E8CEA7E3ECA05B71C1712_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeContractTypeDomain_A004F8A9BB3E8CEA7E3ECA05B71C1712" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Contract Type [Domain] </link:label>
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<link:label id="lab_us-gaap_InterestRateContractMember_6CC11F00E0523B4D79F9CA05B71C39B1_terseLabel_en-US" xlink:label="lab_us-gaap_InterestRateContractMember_6CC11F00E0523B4D79F9CA05B71C39B1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest rate contracts </link:label>
<link:label id="lab_us-gaap_InterestRateContractMember_6CC11F00E0523B4D79F9CA05B71C39B1_label_en-US" xlink:label="lab_us-gaap_InterestRateContractMember_6CC11F00E0523B4D79F9CA05B71C39B1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Rate Contract [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestRateContractMember" xlink:label="loc_us-gaap_InterestRateContractMember_6CC11F00E0523B4D79F9CA05B71C39B1" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ForeignExchangeContractMember_E241FCBA884A1A75C18FCA05B71C7901_terseLabel_en-US" xlink:label="lab_us-gaap_ForeignExchangeContractMember_E241FCBA884A1A75C18FCA05B71C7901" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign exchange contracts </link:label>
<link:label id="lab_us-gaap_ForeignExchangeContractMember_E241FCBA884A1A75C18FCA05B71C7901_label_en-US" xlink:label="lab_us-gaap_ForeignExchangeContractMember_E241FCBA884A1A75C18FCA05B71C7901" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign Exchange Contract [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ForeignExchangeContractMember" xlink:label="loc_us-gaap_ForeignExchangeContractMember_E241FCBA884A1A75C18FCA05B71C7901" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ForeignExchangeContractMember_E241FCBA884A1A75C18FCA05B71C7901" xlink:to="lab_us-gaap_ForeignExchangeContractMember_E241FCBA884A1A75C18FCA05B71C7901" xlink:type="arc"/>
<link:label id="lab_us-gaap_EquityContractMember_C2CB2B455BE6F73ABB62CA05B71C1FBA_verboseLabel_en-US" xlink:label="lab_us-gaap_EquityContractMember_C2CB2B455BE6F73ABB62CA05B71C1FBA" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Equity and other contracts </link:label>
<link:label id="lab_us-gaap_EquityContractMember_C2CB2B455BE6F73ABB62CA05B71C1FBA_label_en-US" xlink:label="lab_us-gaap_EquityContractMember_C2CB2B455BE6F73ABB62CA05B71C1FBA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity Contract [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityContractMember" xlink:label="loc_us-gaap_EquityContractMember_C2CB2B455BE6F73ABB62CA05B71C1FBA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityContractMember_C2CB2B455BE6F73ABB62CA05B71C1FBA" xlink:to="lab_us-gaap_EquityContractMember_C2CB2B455BE6F73ABB62CA05B71C1FBA" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeLineItems_E50CF14A1F8293E37B24CA05B71C808C_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLineItems_E50CF14A1F8293E37B24CA05B71C808C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative [Line Items] </link:label>
<link:label id="lab_us-gaap_DerivativeLineItems_E50CF14A1F8293E37B24CA05B71C808C_label_en-US" xlink:label="lab_us-gaap_DerivativeLineItems_E50CF14A1F8293E37B24CA05B71C808C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="loc_us-gaap_DerivativeLineItems_E50CF14A1F8293E37B24CA05B71C808C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLineItems_E50CF14A1F8293E37B24CA05B71C808C" xlink:to="lab_us-gaap_DerivativeLineItems_E50CF14A1F8293E37B24CA05B71C808C" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeAssetsAbstract_792C994082D1D54C9C8ACA05B71CE9CA_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetsAbstract_792C994082D1D54C9C8ACA05B71CE9CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Asset [Abstract] </link:label>
<link:label id="lab_us-gaap_DerivativeAssetsAbstract_792C994082D1D54C9C8ACA05B71CE9CA_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetsAbstract_792C994082D1D54C9C8ACA05B71CE9CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Asset [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeAssetsAbstract" xlink:label="loc_us-gaap_DerivativeAssetsAbstract_792C994082D1D54C9C8ACA05B71CE9CA" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeAsset_BDB0627E4E793EE942BFCA05B71C476E_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeAsset_BDB0627E4E793EE942BFCA05B71C476E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivatives subject to netting arrangements, Gross assets recognized </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeAsset_BDB0627E4E793EE942BFCA05B71C476E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeFairValueOfDerivativeAsset_BDB0627E4E793EE942BFCA05B71C476E" xlink:to="lab_us-gaap_DerivativeFairValueOfDerivativeAsset_BDB0627E4E793EE942BFCA05B71C476E" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeAssetFairValueGrossLiability_44ECF02AA3FAC030B037CA05B71C49C0_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetFairValueGrossLiability_44ECF02AA3FAC030B037CA05B71C49C0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivatives subject to netting arrangements, Gross amounts offset in the balance sheet </link:label>
<link:label id="lab_us-gaap_DerivativeAssetFairValueGrossLiability_44ECF02AA3FAC030B037CA05B71C49C0_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetFairValueGrossLiability_44ECF02AA3FAC030B037CA05B71C49C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Asset, Fair Value, Gross Liability </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeAssetFairValueGrossLiability" xlink:label="loc_us-gaap_DerivativeAssetFairValueGrossLiability_44ECF02AA3FAC030B037CA05B71C49C0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssetFairValueGrossLiability_44ECF02AA3FAC030B037CA05B71C49C0" xlink:to="lab_us-gaap_DerivativeAssetFairValueGrossLiability_44ECF02AA3FAC030B037CA05B71C49C0" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral_AAF526C090B8DFA0700BCA05B71CCBC5_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral_AAF526C090B8DFA0700BCA05B71CCBC5" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Derivatives subject to netting arrangements, Net assets recognized on the balance sheet </link:label>
<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral_AAF526C090B8DFA0700BCA05B71CCBC5_label_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral_AAF526C090B8DFA0700BCA05B71CCBC5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Asset, Fair Value, Amount Not Offset Against Collateral </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral_AAF526C090B8DFA0700BCA05B71CCBC5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral_AAF526C090B8DFA0700BCA05B71CCBC5" xlink:to="lab_us-gaap_DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral_AAF526C090B8DFA0700BCA05B71CCBC5" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeAssetNotOffsetPolicyElectionDeduction_815BBFAD81C320670C26CA05B71C7652_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetNotOffsetPolicyElectionDeduction_815BBFAD81C320670C26CA05B71C7652" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total derivatives, Gross amounts not offset in the balance sheet, Financial instruments </link:label>
<link:label id="lab_us-gaap_DerivativeAssetNotOffsetPolicyElectionDeduction_815BBFAD81C320670C26CA05B71C7652_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetNotOffsetPolicyElectionDeduction_815BBFAD81C320670C26CA05B71C7652" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Asset, Not Offset, Policy Election Deduction </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeAssetNotOffsetPolicyElectionDeduction" xlink:label="loc_us-gaap_DerivativeAssetNotOffsetPolicyElectionDeduction_815BBFAD81C320670C26CA05B71C7652" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssetNotOffsetPolicyElectionDeduction_815BBFAD81C320670C26CA05B71C7652" xlink:to="lab_us-gaap_DerivativeAssetNotOffsetPolicyElectionDeduction_815BBFAD81C320670C26CA05B71C7652" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeCollateralObligationToReturnCash_13552A23E3943A220BB4CA05B71C9FE5_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeCollateralObligationToReturnCash_13552A23E3943A220BB4CA05B71C9FE5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total derivatives, Gross amounts not offset in the balance sheet, Cash collateral received </link:label>
<link:label id="lab_us-gaap_DerivativeCollateralObligationToReturnCash_13552A23E3943A220BB4CA05B71C9FE5_label_en-US" xlink:label="lab_us-gaap_DerivativeCollateralObligationToReturnCash_13552A23E3943A220BB4CA05B71C9FE5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative, Collateral, Obligation to Return Cash </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeCollateralObligationToReturnCash" xlink:label="loc_us-gaap_DerivativeCollateralObligationToReturnCash_13552A23E3943A220BB4CA05B71C9FE5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeCollateralObligationToReturnCash_13552A23E3943A220BB4CA05B71C9FE5" xlink:to="lab_us-gaap_DerivativeCollateralObligationToReturnCash_13552A23E3943A220BB4CA05B71C9FE5" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral_BF0F7CD49CFDE48710E6CA05B71C89F0_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral_BF0F7CD49CFDE48710E6CA05B71C89F0" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Derivative assets subject to netting arrangements, Net amount </link:label>
<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral_BF0F7CD49CFDE48710E6CA05B71C89F0_label_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral_BF0F7CD49CFDE48710E6CA05B71C89F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Asset, Fair Value, Amount Offset Against Collateral </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral_BF0F7CD49CFDE48710E6CA05B71C89F0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral_BF0F7CD49CFDE48710E6CA05B71C89F0" xlink:to="lab_us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral_BF0F7CD49CFDE48710E6CA05B71C89F0" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeAssetNotSubjectToMasterNettingArrangement_5EF73983A2D3B2F60B31CA05B71C7524_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetNotSubjectToMasterNettingArrangement_5EF73983A2D3B2F60B31CA05B71C7524" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total derivatives not subject to netting arrangements </link:label>
<link:label id="lab_us-gaap_DerivativeAssetNotSubjectToMasterNettingArrangement_5EF73983A2D3B2F60B31CA05B71C7524_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetNotSubjectToMasterNettingArrangement_5EF73983A2D3B2F60B31CA05B71C7524" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Asset, Not Subject to Master Netting Arrangement </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeAssetNotSubjectToMasterNettingArrangement" xlink:label="loc_us-gaap_DerivativeAssetNotSubjectToMasterNettingArrangement_5EF73983A2D3B2F60B31CA05B71C7524" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement_1AA0BD8B5BF6D492859CCA05B71C0E49_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement_1AA0BD8B5BF6D492859CCA05B71C0E49" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total derivatives, Gross assets recognized </link:label>
<link:label id="lab_us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement_1AA0BD8B5BF6D492859CCA05B71C0E49_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement_1AA0BD8B5BF6D492859CCA05B71C0E49" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement" xlink:label="loc_us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement_1AA0BD8B5BF6D492859CCA05B71C0E49" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeAssetFairValueGrossLiability_8ED3031680E26A28C831CA05B71D582A_verboseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetFairValueGrossLiability_8ED3031680E26A28C831CA05B71D582A" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Total derivatives subject to netting arrangements, Gross amounts offset in the balance sheet </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeAssetFairValueGrossLiability" xlink:label="loc_us-gaap_DerivativeAssetFairValueGrossLiability_8ED3031680E26A28C831CA05B71D582A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeAssets_837674411155BBB204F4CA05B71D039B_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssets_837674411155BBB204F4CA05B71D039B" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total derivatives, Net assets recognized on the balance sheet </link:label>
<link:label id="lab_us-gaap_DerivativeAssets_837674411155BBB204F4CA05B71D039B_label_en-US" xlink:label="lab_us-gaap_DerivativeAssets_837674411155BBB204F4CA05B71D039B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Asset </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeAssets" xlink:label="loc_us-gaap_DerivativeAssets_837674411155BBB204F4CA05B71D039B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_A090DF26ECACFD4C8ED8CA05B71D9D73_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_A090DF26ECACFD4C8ED8CA05B71D9D73" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total derivatives, Net amount </link:label>
<link:label id="lab_us-gaap_DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_A090DF26ECACFD4C8ED8CA05B71D9D73_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_A090DF26ECACFD4C8ED8CA05B71D9D73" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Asset, Fair Value, Offset Against Collateral, Net of Not Subject to Master Netting Arrangement, Policy Election </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection" xlink:label="loc_us-gaap_DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_A090DF26ECACFD4C8ED8CA05B71D9D73" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_A090DF26ECACFD4C8ED8CA05B71D9D73" xlink:to="lab_us-gaap_DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_A090DF26ECACFD4C8ED8CA05B71D9D73" xlink:type="arc"/>
<link:label id="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellGross_BF8DBF2E8046822F97C6CA05B71D2594_verboseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellGross_BF8DBF2E8046822F97C6CA05B71D2594" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Reverse repurchase agreements, Gross assets recognized </link:label>
<link:label id="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellGross_BF8DBF2E8046822F97C6CA05B71D2594_label_en-US" xlink:label="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellGross_BF8DBF2E8046822F97C6CA05B71D2594" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Purchased under Agreements to Resell, Gross </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuritiesPurchasedUnderAgreementsToResellGross" xlink:label="loc_us-gaap_SecuritiesPurchasedUnderAgreementsToResellGross_BF8DBF2E8046822F97C6CA05B71D2594" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuritiesPurchasedUnderAgreementsToResellGross_BF8DBF2E8046822F97C6CA05B71D2594" xlink:to="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellGross_BF8DBF2E8046822F97C6CA05B71D2594" xlink:type="arc"/>
<link:label id="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellLiability_0ACDF3446597FAFEA975CA05B71D0F1B_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellLiability_0ACDF3446597FAFEA975CA05B71D0F1B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Reverse repurchase agreements, Gross amounts offset in the balance sheet </link:label>
<link:label id="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellLiability_0ACDF3446597FAFEA975CA05B71D0F1B_label_en-US" xlink:label="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellLiability_0ACDF3446597FAFEA975CA05B71D0F1B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Purchased under Agreements to Resell, Liability </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuritiesPurchasedUnderAgreementsToResellLiability" xlink:label="loc_us-gaap_SecuritiesPurchasedUnderAgreementsToResellLiability_0ACDF3446597FAFEA975CA05B71D0F1B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuritiesPurchasedUnderAgreementsToResellLiability_0ACDF3446597FAFEA975CA05B71D0F1B" xlink:to="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellLiability_0ACDF3446597FAFEA975CA05B71D0F1B" xlink:type="arc"/>
<link:label id="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResell_13F3BC9A2324E76186BDCA05B71D2FDF_totalLabel_en-US" xlink:label="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResell_13F3BC9A2324E76186BDCA05B71D2FDF" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Reverse repurchase agreements, Net assets recognized on the balance sheet </link:label>
<link:label id="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResell_13F3BC9A2324E76186BDCA05B71D2FDF_label_en-US" xlink:label="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResell_13F3BC9A2324E76186BDCA05B71D2FDF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Purchased under Agreements to Resell </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuritiesPurchasedUnderAgreementsToResell" xlink:label="loc_us-gaap_SecuritiesPurchasedUnderAgreementsToResell_13F3BC9A2324E76186BDCA05B71D2FDF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuritiesPurchasedUnderAgreementsToResell_13F3BC9A2324E76186BDCA05B71D2FDF" xlink:to="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResell_13F3BC9A2324E76186BDCA05B71D2FDF" xlink:type="arc"/>
<link:label id="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellNotOffsetPolicyElectionDeduction_4D73F1EE3E267860C2F4CA05B71D4934_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellNotOffsetPolicyElectionDeduction_4D73F1EE3E267860C2F4CA05B71D4934" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Reverse repurchase agreements, Gross amounts not offset in the balance sheet, Financial instruments </link:label>
<link:label id="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellNotOffsetPolicyElectionDeduction_4D73F1EE3E267860C2F4CA05B71D4934_label_en-US" xlink:label="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellNotOffsetPolicyElectionDeduction_4D73F1EE3E267860C2F4CA05B71D4934" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Purchased under Agreements to Resell, Not Offset, Policy Election Deduction </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuritiesPurchasedUnderAgreementsToResellNotOffsetPolicyElectionDeduction" xlink:label="loc_us-gaap_SecuritiesPurchasedUnderAgreementsToResellNotOffsetPolicyElectionDeduction_4D73F1EE3E267860C2F4CA05B71D4934" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuritiesPurchasedUnderAgreementsToResellNotOffsetPolicyElectionDeduction_4D73F1EE3E267860C2F4CA05B71D4934" xlink:to="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellNotOffsetPolicyElectionDeduction_4D73F1EE3E267860C2F4CA05B71D4934" xlink:type="arc"/>
<link:label id="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnCash_9919F00C6D056195401ACA05B71DFA16_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnCash_9919F00C6D056195401ACA05B71DFA16" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Reverse repurchase agreements, Gross amounts not offset in the balance sheet, Cash collateral received </link:label>
<link:label id="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnCash_9919F00C6D056195401ACA05B71DFA16_label_en-US" xlink:label="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnCash_9919F00C6D056195401ACA05B71DFA16" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Purchased under Agreements to Resell, Collateral, Obligation to Return Cash </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnCash" xlink:label="loc_us-gaap_SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnCash_9919F00C6D056195401ACA05B71DFA16" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnCash_9919F00C6D056195401ACA05B71DFA16" xlink:to="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnCash_9919F00C6D056195401ACA05B71DFA16" xlink:type="arc"/>
<link:label id="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_EE2962CAFAC180C0AFEACA05B71DC882_totalLabel_en-US" xlink:label="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_EE2962CAFAC180C0AFEACA05B71DC882" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Reverse repurchase agreements, Net amount </link:label>
<link:label id="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_EE2962CAFAC180C0AFEACA05B71DC882_label_en-US" xlink:label="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_EE2962CAFAC180C0AFEACA05B71DC882" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Purchased under Agreements to Resell, Offset Against Collateral, Net of Not Subject to Master Netting Arrangement, Policy Election </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuritiesPurchasedUnderAgreementsToResellOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection" xlink:label="loc_us-gaap_SecuritiesPurchasedUnderAgreementsToResellOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_EE2962CAFAC180C0AFEACA05B71DC882" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuritiesPurchasedUnderAgreementsToResellOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_EE2962CAFAC180C0AFEACA05B71DC882" xlink:to="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_EE2962CAFAC180C0AFEACA05B71DC882" xlink:type="arc"/>
<link:label id="lab_us-gaap_SecuritiesBorrowedGross_FBD1A0016764977B2E0DCA05B71DC24D_verboseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesBorrowedGross_FBD1A0016764977B2E0DCA05B71DC24D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Securities borrowing, Gross assets recognized </link:label>
<link:label id="lab_us-gaap_SecuritiesBorrowedGross_FBD1A0016764977B2E0DCA05B71DC24D_label_en-US" xlink:label="lab_us-gaap_SecuritiesBorrowedGross_FBD1A0016764977B2E0DCA05B71DC24D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Borrowed, Gross </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuritiesBorrowedGross" xlink:label="loc_us-gaap_SecuritiesBorrowedGross_FBD1A0016764977B2E0DCA05B71DC24D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuritiesBorrowedGross_FBD1A0016764977B2E0DCA05B71DC24D" xlink:to="lab_us-gaap_SecuritiesBorrowedGross_FBD1A0016764977B2E0DCA05B71DC24D" xlink:type="arc"/>
<link:label id="lab_us-gaap_SecuritiesBorrowed_652ED8EDE276BE41D52ECA05B71D9F4F_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesBorrowed_652ED8EDE276BE41D52ECA05B71D9F4F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities borrowing, Net assets recognized on the balance sheet </link:label>
<link:label id="lab_us-gaap_SecuritiesBorrowed_652ED8EDE276BE41D52ECA05B71D9F4F_label_en-US" xlink:label="lab_us-gaap_SecuritiesBorrowed_652ED8EDE276BE41D52ECA05B71D9F4F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Borrowed </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuritiesBorrowed" xlink:label="loc_us-gaap_SecuritiesBorrowed_652ED8EDE276BE41D52ECA05B71D9F4F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuritiesBorrowed_652ED8EDE276BE41D52ECA05B71D9F4F" xlink:to="lab_us-gaap_SecuritiesBorrowed_652ED8EDE276BE41D52ECA05B71D9F4F" xlink:type="arc"/>
<link:label id="lab_us-gaap_SecuritiesBorrowedNotOffsetPolicyElectionDeduction_D94E5421FE1D138BC326CA05B71DE01B_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesBorrowedNotOffsetPolicyElectionDeduction_D94E5421FE1D138BC326CA05B71DE01B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities borrowing, Gross amounts not offset in the balance sheet, Financial instruments </link:label>
<link:label id="lab_us-gaap_SecuritiesBorrowedNotOffsetPolicyElectionDeduction_D94E5421FE1D138BC326CA05B71DE01B_label_en-US" xlink:label="lab_us-gaap_SecuritiesBorrowedNotOffsetPolicyElectionDeduction_D94E5421FE1D138BC326CA05B71DE01B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Borrowed, Not Offset, Policy Election Deduction </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuritiesBorrowedNotOffsetPolicyElectionDeduction" xlink:label="loc_us-gaap_SecuritiesBorrowedNotOffsetPolicyElectionDeduction_D94E5421FE1D138BC326CA05B71DE01B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuritiesBorrowedNotOffsetPolicyElectionDeduction_D94E5421FE1D138BC326CA05B71DE01B" xlink:to="lab_us-gaap_SecuritiesBorrowedNotOffsetPolicyElectionDeduction_D94E5421FE1D138BC326CA05B71DE01B" xlink:type="arc"/>
<link:label id="lab_us-gaap_SecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_78D61C03050B3FFA3F26CA05B71D755D_totalLabel_en-US" xlink:label="lab_us-gaap_SecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_78D61C03050B3FFA3F26CA05B71D755D" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Securities borrowing, Net amount </link:label>
<link:label id="lab_us-gaap_SecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_78D61C03050B3FFA3F26CA05B71D755D_label_en-US" xlink:label="lab_us-gaap_SecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_78D61C03050B3FFA3F26CA05B71D755D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Borrowed, Offset Against Collateral, Net of Not Subject to Master Netting Arrangement, Policy Election </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection" xlink:label="loc_us-gaap_SecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_78D61C03050B3FFA3F26CA05B71D755D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedGross_AFA70278F3D51F3837ECCA05B71D26CA_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedGross_AFA70278F3D51F3837ECCA05B71D26CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total, Gross assets recognized </link:label>
<link:label id="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedGross_AFA70278F3D51F3837ECCA05B71D26CA_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedGross_AFA70278F3D51F3837ECCA05B71D26CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Asset, Securities Purchased under Agreements to Resell, Securities Borrowed, Gross </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedGross" xlink:label="loc_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedGross_AFA70278F3D51F3837ECCA05B71D26CA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedGross_AFA70278F3D51F3837ECCA05B71D26CA" xlink:to="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedGross_AFA70278F3D51F3837ECCA05B71D26CA" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability_B61439F06BC8D5D1C88CCA05B71DA701_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability_B61439F06BC8D5D1C88CCA05B71DA701" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total, Gross amounts offset in the balance sheet </link:label>
<link:label id="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability_B61439F06BC8D5D1C88CCA05B71DA701_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability_B61439F06BC8D5D1C88CCA05B71DA701" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Asset, Securities Purchased under Agreements to Resell, Securities Borrowed, Liability </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability" xlink:label="loc_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability_B61439F06BC8D5D1C88CCA05B71DA701" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowed_8E75A0BCA62EFD8B8587CA05B71DFED1_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowed_8E75A0BCA62EFD8B8587CA05B71DFED1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total, Net assets recognized on the balance sheet </link:label>
<link:label id="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowed_8E75A0BCA62EFD8B8587CA05B71DFED1_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowed_8E75A0BCA62EFD8B8587CA05B71DFED1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Asset, Securities Purchased under Agreements to Resell, Securities Borrowed </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowed" xlink:label="loc_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowed_8E75A0BCA62EFD8B8587CA05B71DFED1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowed_8E75A0BCA62EFD8B8587CA05B71DFED1" xlink:to="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowed_8E75A0BCA62EFD8B8587CA05B71DFED1" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedNotOffsetPolicyElectionDeduction_917517DEBFB0FE0DAC57CA05B71D767A_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedNotOffsetPolicyElectionDeduction_917517DEBFB0FE0DAC57CA05B71D767A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total, Gross amounts not offset in the balance sheet, Financial instruments </link:label>
<link:label id="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedNotOffsetPolicyElectionDeduction_917517DEBFB0FE0DAC57CA05B71D767A_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedNotOffsetPolicyElectionDeduction_917517DEBFB0FE0DAC57CA05B71D767A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Asset, Securities Purchased under Agreements to Resell, Securities Borrowed, Not Offset, Policy Election Deduction </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedNotOffsetPolicyElectionDeduction" xlink:label="loc_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedNotOffsetPolicyElectionDeduction_917517DEBFB0FE0DAC57CA05B71D767A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedNotOffsetPolicyElectionDeduction_917517DEBFB0FE0DAC57CA05B71D767A" xlink:to="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedNotOffsetPolicyElectionDeduction_917517DEBFB0FE0DAC57CA05B71D767A" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedCollateralObligationToReturnCash_CCA04DC97350C02545BECA05B71D924F_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedCollateralObligationToReturnCash_CCA04DC97350C02545BECA05B71D924F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total, Gross amounts not offset in the balance sheet, Cash collateral received </link:label>
<link:label id="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedCollateralObligationToReturnCash_CCA04DC97350C02545BECA05B71D924F_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedCollateralObligationToReturnCash_CCA04DC97350C02545BECA05B71D924F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Asset, Securities Purchased under Agreements to Resell, Securities Borrowed, Collateral, Obligation to Return Cash </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedCollateralObligationToReturnCash" xlink:label="loc_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedCollateralObligationToReturnCash_CCA04DC97350C02545BECA05B71D924F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedCollateralObligationToReturnCash_CCA04DC97350C02545BECA05B71D924F" xlink:to="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedCollateralObligationToReturnCash_CCA04DC97350C02545BECA05B71D924F" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_885DF0F01E9D3FAE74E4CA05B71EA3D0_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_885DF0F01E9D3FAE74E4CA05B71EA3D0" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total, Net amount </link:label>
<link:label id="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_885DF0F01E9D3FAE74E4CA05B71EA3D0_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_885DF0F01E9D3FAE74E4CA05B71EA3D0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Asset, Securities Purchased under Agreements to Resell, Securities Borrowed, Offset Against Collateral, Net of Not Subject to Master Netting Arrangement, Policy Election </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection" xlink:label="loc_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_885DF0F01E9D3FAE74E4CA05B71EA3D0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_885DF0F01E9D3FAE74E4CA05B71EA3D0" xlink:to="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_885DF0F01E9D3FAE74E4CA05B71EA3D0" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeLiabilitiesAbstract_27BA4D55880471D66813CA05B71EDCB8_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilitiesAbstract_27BA4D55880471D66813CA05B71EDCB8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Liability [Abstract] </link:label>
<link:label id="lab_us-gaap_DerivativeLiabilitiesAbstract_27BA4D55880471D66813CA05B71EDCB8_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilitiesAbstract_27BA4D55880471D66813CA05B71EDCB8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeLiabilitiesAbstract" xlink:label="loc_us-gaap_DerivativeLiabilitiesAbstract_27BA4D55880471D66813CA05B71EDCB8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeLiability_E2D3935D48C9388DA523CA05B71EBBAC_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeLiability_E2D3935D48C9388DA523CA05B71EBBAC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivatives subject to netting arrangements, Gross liabilities recognized </link:label>
<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeLiability_E2D3935D48C9388DA523CA05B71EBBAC_label_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeLiability_E2D3935D48C9388DA523CA05B71EBBAC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Fair Value, Gross Liability </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeLiability_E2D3935D48C9388DA523CA05B71EBBAC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeFairValueOfDerivativeLiability_E2D3935D48C9388DA523CA05B71EBBAC" xlink:to="lab_us-gaap_DerivativeFairValueOfDerivativeLiability_E2D3935D48C9388DA523CA05B71EBBAC" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeLiabilityFairValueGrossAsset_7FFA8B428EAB79FA0BD9CA05B71EDB7B_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityFairValueGrossAsset_7FFA8B428EAB79FA0BD9CA05B71EDB7B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivatives subject to netting arrangements, Gross amounts offset in the balance sheet </link:label>
<link:label id="lab_us-gaap_DerivativeLiabilityFairValueGrossAsset_7FFA8B428EAB79FA0BD9CA05B71EDB7B_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityFairValueGrossAsset_7FFA8B428EAB79FA0BD9CA05B71EDB7B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Fair Value, Gross Asset </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeLiabilityFairValueGrossAsset" xlink:label="loc_us-gaap_DerivativeLiabilityFairValueGrossAsset_7FFA8B428EAB79FA0BD9CA05B71EDB7B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLiabilityFairValueGrossAsset_7FFA8B428EAB79FA0BD9CA05B71EDB7B" xlink:to="lab_us-gaap_DerivativeLiabilityFairValueGrossAsset_7FFA8B428EAB79FA0BD9CA05B71EDB7B" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral_3953E349C5E2D53DADA4CA05B71E69B9_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral_3953E349C5E2D53DADA4CA05B71E69B9" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Derivatives subject to netting arrangements, Net liabilities recognized on the balance sheet </link:label>
<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral_3953E349C5E2D53DADA4CA05B71E69B9_label_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral_3953E349C5E2D53DADA4CA05B71E69B9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Fair Value, Amount Not Offset Against Collateral </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral_3953E349C5E2D53DADA4CA05B71E69B9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral_3953E349C5E2D53DADA4CA05B71E69B9" xlink:to="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral_3953E349C5E2D53DADA4CA05B71E69B9" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeLiabilityNotOffsetPolicyElectionDeduction_879D34F0D4AC5EF9BC16CA05B71E7223_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityNotOffsetPolicyElectionDeduction_879D34F0D4AC5EF9BC16CA05B71E7223" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total derivatives, Gross amounts not offset in the balance sheet, Financial instruments </link:label>
<link:label id="lab_us-gaap_DerivativeLiabilityNotOffsetPolicyElectionDeduction_879D34F0D4AC5EF9BC16CA05B71E7223_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityNotOffsetPolicyElectionDeduction_879D34F0D4AC5EF9BC16CA05B71E7223" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Not Offset, Policy Election Deduction </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeLiabilityNotOffsetPolicyElectionDeduction" xlink:label="loc_us-gaap_DerivativeLiabilityNotOffsetPolicyElectionDeduction_879D34F0D4AC5EF9BC16CA05B71E7223" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLiabilityNotOffsetPolicyElectionDeduction_879D34F0D4AC5EF9BC16CA05B71E7223" xlink:to="lab_us-gaap_DerivativeLiabilityNotOffsetPolicyElectionDeduction_879D34F0D4AC5EF9BC16CA05B71E7223" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeCollateralRightToReclaimCash_9C795ACE395D81604210CA05B71EE0E3_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeCollateralRightToReclaimCash_9C795ACE395D81604210CA05B71EE0E3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total derivatives, Gross amounts not offset in the balance sheet, Cash collateral pledged </link:label>
<link:label id="lab_us-gaap_DerivativeCollateralRightToReclaimCash_9C795ACE395D81604210CA05B71EE0E3_label_en-US" xlink:label="lab_us-gaap_DerivativeCollateralRightToReclaimCash_9C795ACE395D81604210CA05B71EE0E3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative, Collateral, Right to Reclaim Cash </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeCollateralRightToReclaimCash" xlink:label="loc_us-gaap_DerivativeCollateralRightToReclaimCash_9C795ACE395D81604210CA05B71EE0E3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeCollateralRightToReclaimCash_9C795ACE395D81604210CA05B71EE0E3" xlink:to="lab_us-gaap_DerivativeCollateralRightToReclaimCash_9C795ACE395D81604210CA05B71EE0E3" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_17F015BC6E493771F889CA05B71EE598_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_17F015BC6E493771F889CA05B71EE598" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Derivative liabilities subject to netting arrangements, Net amount </link:label>
<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_17F015BC6E493771F889CA05B71EE598_label_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_17F015BC6E493771F889CA05B71EE598" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Fair Value, Amount Offset Against Collateral </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_17F015BC6E493771F889CA05B71EE598" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeLiabilityNotSubjectToMasterNettingArrangement_804F8192AD5745D47F3DCA05B71EE51A_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityNotSubjectToMasterNettingArrangement_804F8192AD5745D47F3DCA05B71EE51A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total derivatives not subject to netting arrangements </link:label>
<link:label id="lab_us-gaap_DerivativeLiabilityNotSubjectToMasterNettingArrangement_804F8192AD5745D47F3DCA05B71EE51A_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityNotSubjectToMasterNettingArrangement_804F8192AD5745D47F3DCA05B71EE51A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Not Subject to Master Netting Arrangement </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeLiabilityNotSubjectToMasterNettingArrangement" xlink:label="loc_us-gaap_DerivativeLiabilityNotSubjectToMasterNettingArrangement_804F8192AD5745D47F3DCA05B71EE51A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement_B1DF992F4DCC14CE5F02CA05B71EDFFB_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement_B1DF992F4DCC14CE5F02CA05B71EDFFB" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total derivatives, Gross liabilities recognized </link:label>
<link:label id="lab_us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement_B1DF992F4DCC14CE5F02CA05B71EDFFB_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement_B1DF992F4DCC14CE5F02CA05B71EDFFB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement" xlink:label="loc_us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement_B1DF992F4DCC14CE5F02CA05B71EDFFB" xlink:type="locator"/>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection" xlink:label="loc_us-gaap_DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_2B081882B4975A4670AECA05B71EF9F8" xlink:type="locator"/>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseGross" xlink:label="loc_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseGross_77F8DAD58FA27420E483CA05B71EF248" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseAsset_C231064428A3E162460ECA05B71EE647_label_en-US" xlink:label="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseAsset_C231064428A3E162460ECA05B71EE647" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Sold under Agreements to Repurchase, Asset </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseAsset" xlink:label="loc_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseAsset_C231064428A3E162460ECA05B71EE647" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_50982CEBCAB5D3DF0BE7CA05B71ED797_label_en-US" xlink:label="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_50982CEBCAB5D3DF0BE7CA05B71ED797" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Sold under Agreements to Repurchase </link:label>
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<link:label id="lab_us-gaap_SecuritiesSoldUnderAgreementsToResellNotOffsetPolicyElectionDeduction_2F5D223FC0E0F5697597CA05B71E1255_label_en-US" xlink:label="lab_us-gaap_SecuritiesSoldUnderAgreementsToResellNotOffsetPolicyElectionDeduction_2F5D223FC0E0F5697597CA05B71E1255" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Sold under Agreements to Repurchase, Not Offset, Policy Election Deduction </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToResellNotOffsetPolicyElectionDeduction" xlink:label="loc_us-gaap_SecuritiesSoldUnderAgreementsToResellNotOffsetPolicyElectionDeduction_2F5D223FC0E0F5697597CA05B71E1255" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities_D8446FEE89F61E001A38CA05B71E3F54_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities_D8446FEE89F61E001A38CA05B71E3F54" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Repurchase agreements, Gross amounts not offset in the balance sheet, Cash collateral pledged </link:label>
<link:label id="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities_D8446FEE89F61E001A38CA05B71E3F54_label_en-US" xlink:label="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities_D8446FEE89F61E001A38CA05B71E3F54" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Sold under Agreements to Repurchase, Collateral, Right to Reclaim Securities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities" xlink:label="loc_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities_D8446FEE89F61E001A38CA05B71E3F54" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_695AEE80024787397D24CA05B71E0457_totalLabel_en-US" xlink:label="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_695AEE80024787397D24CA05B71E0457" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Repurchase agreements, Net amount </link:label>
<link:label id="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_695AEE80024787397D24CA05B71E0457_label_en-US" xlink:label="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_695AEE80024787397D24CA05B71E0457" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Sold under Agreements to Repurchase, Offset Against Collateral, Net of Not Subject to Master Netting Arrangement, Policy Election </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection" xlink:label="loc_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_695AEE80024787397D24CA05B71E0457" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SecuritiesLoanedGross_613DD6C9737C2C133C43CA05B71F17C4_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesLoanedGross_613DD6C9737C2C133C43CA05B71F17C4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities lending, Gross liabilities recognized </link:label>
<link:label id="lab_us-gaap_SecuritiesLoanedGross_613DD6C9737C2C133C43CA05B71F17C4_label_en-US" xlink:label="lab_us-gaap_SecuritiesLoanedGross_613DD6C9737C2C133C43CA05B71F17C4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Loaned, Gross </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuritiesLoanedGross" xlink:label="loc_us-gaap_SecuritiesLoanedGross_613DD6C9737C2C133C43CA05B71F17C4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SecuritiesLoaned_E2E415AD7077E98EAE49CA05B71F2260_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesLoaned_E2E415AD7077E98EAE49CA05B71F2260" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities lending, Net liabilities recognized on the balance sheet </link:label>
<link:label id="lab_us-gaap_SecuritiesLoaned_E2E415AD7077E98EAE49CA05B71F2260_label_en-US" xlink:label="lab_us-gaap_SecuritiesLoaned_E2E415AD7077E98EAE49CA05B71F2260" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Loaned </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuritiesLoaned" xlink:label="loc_us-gaap_SecuritiesLoaned_E2E415AD7077E98EAE49CA05B71F2260" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SecuritiesLoanedNotOffsetPolicyElectionDeduction_147DBB3650AA839D72D1CA05B71F366F_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesLoanedNotOffsetPolicyElectionDeduction_147DBB3650AA839D72D1CA05B71F366F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities lending, Gross amounts not offset in the balance sheet, Financial instruments </link:label>
<link:label id="lab_us-gaap_SecuritiesLoanedNotOffsetPolicyElectionDeduction_147DBB3650AA839D72D1CA05B71F366F_label_en-US" xlink:label="lab_us-gaap_SecuritiesLoanedNotOffsetPolicyElectionDeduction_147DBB3650AA839D72D1CA05B71F366F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Loaned, Not Offset, Policy Election Deduction </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuritiesLoanedNotOffsetPolicyElectionDeduction" xlink:label="loc_us-gaap_SecuritiesLoanedNotOffsetPolicyElectionDeduction_147DBB3650AA839D72D1CA05B71F366F" xlink:type="locator"/>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuritiesLoanedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection" xlink:label="loc_us-gaap_SecuritiesLoanedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_37EB70E1C55A098A7D6ECA05B71FAF31" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross_F7F5EF806569771652ECCA05B71FAE33_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross_F7F5EF806569771652ECCA05B71FAE33" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total, Gross liabilities recognized </link:label>
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<link:label id="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset_6887133207A8C6C0A916CA05B71FE452_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset_6887133207A8C6C0A916CA05B71FE452" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total, Gross amounts offset in the balance sheet </link:label>
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<link:label id="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned_EEF49CDA7D7835E33766CA05B71F5599_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned_EEF49CDA7D7835E33766CA05B71F5599" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total, Net liabilities recognized on the balance sheet </link:label>
<link:label id="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned_EEF49CDA7D7835E33766CA05B71F5599_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned_EEF49CDA7D7835E33766CA05B71F5599" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Securities Sold under Agreements to Repurchase, Securities Loaned </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned" xlink:label="loc_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned_EEF49CDA7D7835E33766CA05B71F5599" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned_EEF49CDA7D7835E33766CA05B71F5599" xlink:to="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned_EEF49CDA7D7835E33766CA05B71F5599" xlink:type="arc"/>
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<link:label id="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedNotOffsetPolicyElectionDeduction_BB345CAE9BA9C4EBF618CA05B71F9F2C_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedNotOffsetPolicyElectionDeduction_BB345CAE9BA9C4EBF618CA05B71F9F2C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Securities Sold under Agreements to Repurchase, Securities Loaned, Not Offset, Policy Election Deduction </link:label>
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<link:label id="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities_27EDE0BC0F47E70DAD72CA05B71F1DE5_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities_27EDE0BC0F47E70DAD72CA05B71F1DE5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total, Gross amounts not offset in the balance sheet, Cash collateral pledged </link:label>
<link:label id="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities_27EDE0BC0F47E70DAD72CA05B71F1DE5_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities_27EDE0BC0F47E70DAD72CA05B71F1DE5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Securities Sold under Agreements to Repurchase, Securities Loaned, Collateral, Right to Reclaim Securities </link:label>
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<link:label id="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_DEEFDE4D5550B3AAAE78CA05B71FD1AB_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_DEEFDE4D5550B3AAAE78CA05B71FD1AB" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total, Net amount </link:label>
<link:label id="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_DEEFDE4D5550B3AAAE78CA05B71FD1AB_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_DEEFDE4D5550B3AAAE78CA05B71FD1AB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Securities Sold under Agreements to Repurchase, Securities Loaned, Offset Against Collateral, Net of Not Subject to Master Netting Arrangement, Policy Election </link:label>
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<link:label id="lab_us-gaap_StockholdersEquityNoteAbstract_819189317ABE8F0B40B7CA05BA0D0753_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityNoteAbstract_819189317ABE8F0B40B7CA05BA0D0753" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stockholders' Equity Note [Abstract] </link:label>
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<link:label id="lab_us-gaap_ScheduleOfStockByClassTable_FAE40193966D91C21235CA05BA0D7696_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfStockByClassTable_FAE40193966D91C21235CA05BA0D7696" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Stock by Class [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfStockByClassTable_FAE40193966D91C21235CA05BA0D7696_label_en-US" xlink:label="lab_us-gaap_ScheduleOfStockByClassTable_FAE40193966D91C21235CA05BA0D7696" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Stock by Class [Table] </link:label>
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<link:label id="lab_us-gaap_StatementClassOfStockAxis_FF993546EDAC5C0CFB09CA05BA0DCCFB_terseLabel_en-US" xlink:label="lab_us-gaap_StatementClassOfStockAxis_FF993546EDAC5C0CFB09CA05BA0DCCFB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Class of Stock [Axis] </link:label>
<link:label id="lab_us-gaap_StatementClassOfStockAxis_FF993546EDAC5C0CFB09CA05BA0DCCFB_label_en-US" xlink:label="lab_us-gaap_StatementClassOfStockAxis_FF993546EDAC5C0CFB09CA05BA0DCCFB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Class of Stock [Axis] </link:label>
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<link:label id="lab_us-gaap_ClassOfStockDomain_1E4421C20BF038A080D5CA05BA0D5092_terseLabel_en-US" xlink:label="lab_us-gaap_ClassOfStockDomain_1E4421C20BF038A080D5CA05BA0D5092" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Class of Stock [Domain] </link:label>
<link:label id="lab_us-gaap_ClassOfStockDomain_1E4421C20BF038A080D5CA05BA0D5092_label_en-US" xlink:label="lab_us-gaap_ClassOfStockDomain_1E4421C20BF038A080D5CA05BA0D5092" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Class of Stock [Domain] </link:label>
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<link:label id="lab_us-gaap_SeriesAPreferredStockMember_435505CB185FD1B28EA9CA05BA0D9A95_terseLabel_en-US" xlink:label="lab_us-gaap_SeriesAPreferredStockMember_435505CB185FD1B28EA9CA05BA0D9A95" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Series A Noncumulative Perpetual Preferred Stock </link:label>
<link:label id="lab_us-gaap_SeriesAPreferredStockMember_435505CB185FD1B28EA9CA05BA0D9A95_label_en-US" xlink:label="lab_us-gaap_SeriesAPreferredStockMember_435505CB185FD1B28EA9CA05BA0D9A95" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series A Preferred Stock [Member] </link:label>
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<link:label id="lab_us-gaap_SeriesCPreferredStockMember_574B160522EE4974B926CA05BA0D0110_terseLabel_en-US" xlink:label="lab_us-gaap_SeriesCPreferredStockMember_574B160522EE4974B926CA05BA0D0110" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Series C Noncumulative Perpetual Preferred Stock </link:label>
<link:label id="lab_us-gaap_SeriesCPreferredStockMember_574B160522EE4974B926CA05BA0D0110_label_en-US" xlink:label="lab_us-gaap_SeriesCPreferredStockMember_574B160522EE4974B926CA05BA0D0110" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series C Preferred Stock [Member] </link:label>
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<link:label id="lab_us-gaap_SeriesDPreferredStockMember_8BD7CA9AC760A3961482CA05BA0DB956_verboseLabel_en-US" xlink:label="lab_us-gaap_SeriesDPreferredStockMember_8BD7CA9AC760A3961482CA05BA0DB956" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Series D Noncumulative Perpetual Preferred Stock </link:label>
<link:label id="lab_us-gaap_SeriesDPreferredStockMember_8BD7CA9AC760A3961482CA05BA0DB956_label_en-US" xlink:label="lab_us-gaap_SeriesDPreferredStockMember_8BD7CA9AC760A3961482CA05BA0DB956" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series D Preferred Stock [Member] </link:label>
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<link:label id="lab_us-gaap_SeriesEPreferredStockMember_92408DE95B6720369981CA05BA0DF228_terseLabel_en-US" xlink:label="lab_us-gaap_SeriesEPreferredStockMember_92408DE95B6720369981CA05BA0DF228" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Series E Noncumulative Perpetual Preferred Stock </link:label>
<link:label id="lab_us-gaap_SeriesEPreferredStockMember_92408DE95B6720369981CA05BA0DF228_label_en-US" xlink:label="lab_us-gaap_SeriesEPreferredStockMember_92408DE95B6720369981CA05BA0DF228" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series E Preferred Stock [Member] </link:label>
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<link:label id="lab_us-gaap_SeriesFPreferredStockMember_5ED60751D9F3F804A166CA05BA0D7799_terseLabel_en-US" xlink:label="lab_us-gaap_SeriesFPreferredStockMember_5ED60751D9F3F804A166CA05BA0D7799" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Series F Noncumulative Perpetual Preferred Stock </link:label>
<link:label id="lab_us-gaap_SeriesFPreferredStockMember_5ED60751D9F3F804A166CA05BA0D7799_label_en-US" xlink:label="lab_us-gaap_SeriesFPreferredStockMember_5ED60751D9F3F804A166CA05BA0D7799" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series F Preferred Stock [Member] </link:label>
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<link:label id="lab_us-gaap_ClassOfStockLineItems_BCD5778678F2983412E1CA05BA0DF2C7_terseLabel_en-US" xlink:label="lab_us-gaap_ClassOfStockLineItems_BCD5778678F2983412E1CA05BA0DF2C7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Class of Stock [Line Items] </link:label>
<link:label id="lab_us-gaap_ClassOfStockLineItems_BCD5778678F2983412E1CA05BA0DF2C7_label_en-US" xlink:label="lab_us-gaap_ClassOfStockLineItems_BCD5778678F2983412E1CA05BA0DF2C7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Class of Stock [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="loc_us-gaap_ClassOfStockLineItems_BCD5778678F2983412E1CA05BA0DF2C7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ClassOfStockLineItems_BCD5778678F2983412E1CA05BA0DF2C7" xlink:to="lab_us-gaap_ClassOfStockLineItems_BCD5778678F2983412E1CA05BA0DF2C7" xlink:type="arc"/>
<link:label id="lab_us-gaap_CommonStockSharesAuthorized_E028DBA660BFF11994E8CA05BA0D6B14_verboseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesAuthorized_E028DBA660BFF11994E8CA05BA0D6B14" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Authorized shares of common stock </link:label>
<link:label id="lab_us-gaap_CommonStockSharesAuthorized_E028DBA660BFF11994E8CA05BA0D6B14_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesAuthorized_E028DBA660BFF11994E8CA05BA0D6B14" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Stock, Shares Authorized </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="loc_us-gaap_CommonStockSharesAuthorized_E028DBA660BFF11994E8CA05BA0D6B14" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesAuthorized_E028DBA660BFF11994E8CA05BA0D6B14" xlink:to="lab_us-gaap_CommonStockSharesAuthorized_E028DBA660BFF11994E8CA05BA0D6B14" xlink:type="arc"/>
<link:label id="lab_us-gaap_CommonStockParOrStatedValuePerShare_656EC9A05A9034FCF05DCA05BA0D28E4_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockParOrStatedValuePerShare_656EC9A05A9034FCF05DCA05BA0D28E4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common stock, par value (usd per share) </link:label>
<link:label id="lab_us-gaap_CommonStockParOrStatedValuePerShare_656EC9A05A9034FCF05DCA05BA0D28E4_label_en-US" xlink:label="lab_us-gaap_CommonStockParOrStatedValuePerShare_656EC9A05A9034FCF05DCA05BA0D28E4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Stock, Par or Stated Value Per Share </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="loc_us-gaap_CommonStockParOrStatedValuePerShare_656EC9A05A9034FCF05DCA05BA0D28E4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockParOrStatedValuePerShare_656EC9A05A9034FCF05DCA05BA0D28E4" xlink:to="lab_us-gaap_CommonStockParOrStatedValuePerShare_656EC9A05A9034FCF05DCA05BA0D28E4" xlink:type="arc"/>
<link:label id="lab_us-gaap_CommonStockSharesOutstanding_99EA3355011EDED152FFCA05BA0EBE60_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesOutstanding_99EA3355011EDED152FFCA05BA0EBE60" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common stock, shares, outstanding </link:label>
<link:label id="lab_us-gaap_CommonStockSharesOutstanding_99EA3355011EDED152FFCA05BA0EBE60_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesOutstanding_99EA3355011EDED152FFCA05BA0EBE60" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Stock, Shares, Outstanding </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="loc_us-gaap_CommonStockSharesOutstanding_99EA3355011EDED152FFCA05BA0EBE60" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesOutstanding_99EA3355011EDED152FFCA05BA0EBE60" xlink:to="lab_us-gaap_CommonStockSharesOutstanding_99EA3355011EDED152FFCA05BA0EBE60" xlink:type="arc"/>
<link:label id="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount1_824FDFECF1EDAF567A46CA05BA0EE272_terseLabel_en-US" xlink:label="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount1_824FDFECF1EDAF567A46CA05BA0EE272" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Authorized amount of shares to repurchase </link:label>
<link:label id="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount1_824FDFECF1EDAF567A46CA05BA0EE272_label_en-US" xlink:label="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount1_824FDFECF1EDAF567A46CA05BA0EE272" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Repurchase Program, Authorized Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockRepurchaseProgramAuthorizedAmount1" xlink:label="loc_us-gaap_StockRepurchaseProgramAuthorizedAmount1_824FDFECF1EDAF567A46CA05BA0EE272" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockRepurchaseProgramAuthorizedAmount1_824FDFECF1EDAF567A46CA05BA0EE272" xlink:to="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount1_824FDFECF1EDAF567A46CA05BA0EE272" xlink:type="arc"/>
<link:label id="lab_us-gaap_TreasuryStockSharesAcquired_7BBDD482CD59319E02B2CA05BA0E6C96_terseLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockSharesAcquired_7BBDD482CD59319E02B2CA05BA0E6C96" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Treasury stock acquired (shares) </link:label>
<link:label id="lab_us-gaap_TreasuryStockSharesAcquired_7BBDD482CD59319E02B2CA05BA0E6C96_label_en-US" xlink:label="lab_us-gaap_TreasuryStockSharesAcquired_7BBDD482CD59319E02B2CA05BA0E6C96" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Treasury Stock, Shares, Acquired </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TreasuryStockSharesAcquired" xlink:label="loc_us-gaap_TreasuryStockSharesAcquired_7BBDD482CD59319E02B2CA05BA0E6C96" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TreasuryStockSharesAcquired_7BBDD482CD59319E02B2CA05BA0E6C96" xlink:to="lab_us-gaap_TreasuryStockSharesAcquired_7BBDD482CD59319E02B2CA05BA0E6C96" xlink:type="arc"/>
<link:label id="lab_us-gaap_TreasuryStockAcquiredAverageCostPerShare_2E20870CE8EB3F27A4B8CA05BA0E8EED_terseLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockAcquiredAverageCostPerShare_2E20870CE8EB3F27A4B8CA05BA0E8EED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Treasury stock acquired, average cost per share (dollars per share) </link:label>
<link:label id="lab_us-gaap_TreasuryStockAcquiredAverageCostPerShare_2E20870CE8EB3F27A4B8CA05BA0E8EED_label_en-US" xlink:label="lab_us-gaap_TreasuryStockAcquiredAverageCostPerShare_2E20870CE8EB3F27A4B8CA05BA0E8EED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Treasury Stock Acquired, Average Cost Per Share </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TreasuryStockAcquiredAverageCostPerShare" xlink:label="loc_us-gaap_TreasuryStockAcquiredAverageCostPerShare_2E20870CE8EB3F27A4B8CA05BA0E8EED" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TreasuryStockAcquiredAverageCostPerShare_2E20870CE8EB3F27A4B8CA05BA0E8EED" xlink:to="lab_us-gaap_TreasuryStockAcquiredAverageCostPerShare_2E20870CE8EB3F27A4B8CA05BA0E8EED" xlink:type="arc"/>
<link:label id="lab_us-gaap_StockRepurchasedDuringPeriodValue_CBCB135EE6CC88D123F8CA05BA0E09A6_terseLabel_en-US" xlink:label="lab_us-gaap_StockRepurchasedDuringPeriodValue_CBCB135EE6CC88D123F8CA05BA0E09A6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Shares repurchased during period, value </link:label>
<link:label id="lab_us-gaap_StockRepurchasedDuringPeriodValue_CBCB135EE6CC88D123F8CA05BA0E09A6_label_en-US" xlink:label="lab_us-gaap_StockRepurchasedDuringPeriodValue_CBCB135EE6CC88D123F8CA05BA0E09A6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Repurchased During Period, Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockRepurchasedDuringPeriodValue" xlink:label="loc_us-gaap_StockRepurchasedDuringPeriodValue_CBCB135EE6CC88D123F8CA05BA0E09A6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockRepurchasedDuringPeriodValue_CBCB135EE6CC88D123F8CA05BA0E09A6" xlink:to="lab_us-gaap_StockRepurchasedDuringPeriodValue_CBCB135EE6CC88D123F8CA05BA0E09A6" xlink:type="arc"/>
<link:label id="lab_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_817F7448F2959050B32ACA05BA0E5565_terseLabel_en-US" xlink:label="lab_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_817F7448F2959050B32ACA05BA0E5565" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stock repurchase program, remaining authorized repurchase amount </link:label>
<link:label id="lab_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_817F7448F2959050B32ACA05BA0E5565_label_en-US" xlink:label="lab_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_817F7448F2959050B32ACA05BA0E5565" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Repurchase Program, Remaining Authorized Repurchase Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1" xlink:label="loc_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_817F7448F2959050B32ACA05BA0E5565" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_817F7448F2959050B32ACA05BA0E5565" xlink:to="lab_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_817F7448F2959050B32ACA05BA0E5565" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockSharesAuthorized_4CB54AAAF624F7D21144CA05BA0EE116_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockSharesAuthorized_4CB54AAAF624F7D21144CA05BA0EE116" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock, shares authorized (shares) </link:label>
<link:label id="lab_us-gaap_PreferredStockSharesAuthorized_4CB54AAAF624F7D21144CA05BA0EE116_label_en-US" xlink:label="lab_us-gaap_PreferredStockSharesAuthorized_4CB54AAAF624F7D21144CA05BA0EE116" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Shares Authorized </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PreferredStockSharesAuthorized" xlink:label="loc_us-gaap_PreferredStockSharesAuthorized_4CB54AAAF624F7D21144CA05BA0EE116" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockSharesAuthorized_4CB54AAAF624F7D21144CA05BA0EE116" xlink:to="lab_us-gaap_PreferredStockSharesAuthorized_4CB54AAAF624F7D21144CA05BA0EE116" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockParOrStatedValuePerShare_C328F12A3596A21F6050CA05BA0E2DEA_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockParOrStatedValuePerShare_C328F12A3596A21F6050CA05BA0E2DEA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock, par value (usd per share) </link:label>
<link:label id="lab_us-gaap_PreferredStockParOrStatedValuePerShare_C328F12A3596A21F6050CA05BA0E2DEA_label_en-US" xlink:label="lab_us-gaap_PreferredStockParOrStatedValuePerShare_C328F12A3596A21F6050CA05BA0E2DEA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Par or Stated Value Per Share </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="loc_us-gaap_PreferredStockParOrStatedValuePerShare_C328F12A3596A21F6050CA05BA0E2DEA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockParOrStatedValuePerShare_C328F12A3596A21F6050CA05BA0E2DEA" xlink:to="lab_us-gaap_PreferredStockParOrStatedValuePerShare_C328F12A3596A21F6050CA05BA0E2DEA" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockDividendRatePerDollarAmount_93E608DE56812DB1513DCA05BA0E5008_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockDividendRatePerDollarAmount_93E608DE56812DB1513DCA05BA0E5008" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Dividend paid per share (usd per share) </link:label>
<link:label id="lab_us-gaap_PreferredStockDividendRatePerDollarAmount_93E608DE56812DB1513DCA05BA0E5008_label_en-US" xlink:label="lab_us-gaap_PreferredStockDividendRatePerDollarAmount_93E608DE56812DB1513DCA05BA0E5008" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Dividend Rate, Per-Dollar-Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PreferredStockDividendRatePerDollarAmount" xlink:label="loc_us-gaap_PreferredStockDividendRatePerDollarAmount_93E608DE56812DB1513DCA05BA0E5008" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockDividendRatePerDollarAmount_93E608DE56812DB1513DCA05BA0E5008" xlink:to="lab_us-gaap_PreferredStockDividendRatePerDollarAmount_93E608DE56812DB1513DCA05BA0E5008" xlink:type="arc"/>
<link:label id="lab_bk_PreferredStockDividendRatePerNormalPreferredCapitalSecurity_CD3C7BF9B78544D6821BCA05BA0E9EF2_terseLabel_en-US" xlink:label="lab_bk_PreferredStockDividendRatePerNormalPreferredCapitalSecurity_CD3C7BF9B78544D6821BCA05BA0E9EF2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock, dividend rate per normal preferred capital security (usd per share) </link:label>
<link:label id="lab_bk_PreferredStockDividendRatePerNormalPreferredCapitalSecurity_CD3C7BF9B78544D6821BCA05BA0E9EF2_label_en-US" xlink:label="lab_bk_PreferredStockDividendRatePerNormalPreferredCapitalSecurity_CD3C7BF9B78544D6821BCA05BA0E9EF2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Dividend Rate, Per Normal Preferred Capital Security </link:label>
<link:label id="lab_bk_PreferredStockDividendRatePerNormalPreferredCapitalSecurity_CD3C7BF9B78544D6821BCA05BA0E9EF2_documentation_en-US" xlink:label="lab_bk_PreferredStockDividendRatePerNormalPreferredCapitalSecurity_CD3C7BF9B78544D6821BCA05BA0E9EF2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Dividend Rate, Per Normal Preferred Capital Security </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_PreferredStockDividendRatePerNormalPreferredCapitalSecurity" xlink:label="loc_bk_PreferredStockDividendRatePerNormalPreferredCapitalSecurity_CD3C7BF9B78544D6821BCA05BA0E9EF2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_PreferredStockDividendRatePerNormalPreferredCapitalSecurity_CD3C7BF9B78544D6821BCA05BA0E9EF2" xlink:to="lab_bk_PreferredStockDividendRatePerNormalPreferredCapitalSecurity_CD3C7BF9B78544D6821BCA05BA0E9EF2" xlink:type="arc"/>
<link:label id="lab_bk_PreferredStockDividendRatePerDepositaryShare_1CDD7FDABC7BD0ACD652CA05BA0E65A7_terseLabel_en-US" xlink:label="lab_bk_PreferredStockDividendRatePerDepositaryShare_1CDD7FDABC7BD0ACD652CA05BA0E65A7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock, dividend rate per depository share (usd per share) </link:label>
<link:label id="lab_bk_PreferredStockDividendRatePerDepositaryShare_1CDD7FDABC7BD0ACD652CA05BA0E65A7_label_en-US" xlink:label="lab_bk_PreferredStockDividendRatePerDepositaryShare_1CDD7FDABC7BD0ACD652CA05BA0E65A7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Dividend Rate, Per Depositary Share </link:label>
<link:label id="lab_bk_PreferredStockDividendRatePerDepositaryShare_1CDD7FDABC7BD0ACD652CA05BA0E65A7_documentation_en-US" xlink:label="lab_bk_PreferredStockDividendRatePerDepositaryShare_1CDD7FDABC7BD0ACD652CA05BA0E65A7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Dividend Rate, Per Depositary Share </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_PreferredStockDividendRatePerDepositaryShare" xlink:label="loc_bk_PreferredStockDividendRatePerDepositaryShare_1CDD7FDABC7BD0ACD652CA05BA0E65A7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_PreferredStockDividendRatePerDepositaryShare_1CDD7FDABC7BD0ACD652CA05BA0E65A7" xlink:to="lab_bk_PreferredStockDividendRatePerDepositaryShare_1CDD7FDABC7BD0ACD652CA05BA0E65A7" xlink:type="arc"/>
<link:label id="lab_bk_DepositorySharePortionofPreferredStockSharePercent_A9AFA3213F1872FFA955CA05BA0EF68F_terseLabel_en-US" xlink:label="lab_bk_DepositorySharePortionofPreferredStockSharePercent_A9AFA3213F1872FFA955CA05BA0EF68F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Depository share, portion of preferred stock share </link:label>
<link:label id="lab_bk_DepositorySharePortionofPreferredStockSharePercent_A9AFA3213F1872FFA955CA05BA0EF68F_label_en-US" xlink:label="lab_bk_DepositorySharePortionofPreferredStockSharePercent_A9AFA3213F1872FFA955CA05BA0EF68F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Depository Share, Portion of Preferred Stock Share, Percent </link:label>
<link:label id="lab_bk_DepositorySharePortionofPreferredStockSharePercent_A9AFA3213F1872FFA955CA05BA0EF68F_documentation_en-US" xlink:label="lab_bk_DepositorySharePortionofPreferredStockSharePercent_A9AFA3213F1872FFA955CA05BA0EF68F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Depository Share, Portion of Preferred Stock Share, Percent </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_DepositorySharePortionofPreferredStockSharePercent" xlink:label="loc_bk_DepositorySharePortionofPreferredStockSharePercent_A9AFA3213F1872FFA955CA05BA0EF68F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests_5E412894587422631548CA05BA0EE6BE_verboseLabel_en-US" xlink:label="lab_us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests_5E412894587422631548CA05BA0EE6BE" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Temporary equity </link:label>
<link:label id="lab_us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests_5E412894587422631548CA05BA0EE6BE_label_en-US" xlink:label="lab_us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests_5E412894587422631548CA05BA0EE6BE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Temporary Equity, Carrying Amount, Including Portion Attributable to Noncontrolling Interests </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests" xlink:label="loc_us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests_5E412894587422631548CA05BA0EE6BE" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestIncomeAndInterestExpenseDisclosureTableTextBlock_CC200596901B7B55342CCA05BA55569F_terseLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeAndInterestExpenseDisclosureTableTextBlock_CC200596901B7B55342CCA05BA55569F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Components of Net Interest Revenue </link:label>
<link:label id="lab_us-gaap_InterestIncomeAndInterestExpenseDisclosureTableTextBlock_CC200596901B7B55342CCA05BA55569F_label_en-US" xlink:label="lab_us-gaap_InterestIncomeAndInterestExpenseDisclosureTableTextBlock_CC200596901B7B55342CCA05BA55569F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Income and Interest Expense Disclosure [Table Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestIncomeAndInterestExpenseDisclosureTableTextBlock" xlink:label="loc_us-gaap_InterestIncomeAndInterestExpenseDisclosureTableTextBlock_CC200596901B7B55342CCA05BA55569F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock_746CCAE4452475294BC2CA05B902839A_terseLabel_en-US" xlink:label="lab_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock_746CCAE4452475294BC2CA05B902839A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Company Financial Information (Parent Corporation) </link:label>
<link:label id="lab_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock_746CCAE4452475294BC2CA05B902839A_label_en-US" xlink:label="lab_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock_746CCAE4452475294BC2CA05B902839A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Condensed Financial Information of Parent Company Only Disclosure [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock" xlink:label="loc_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock_746CCAE4452475294BC2CA05B902839A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ComprehensiveIncomeNoteTextBlock_C0417103F367DADAF24DCA05B9F6AD3A_terseLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNoteTextBlock_C0417103F367DADAF24DCA05B9F6AD3A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other comprehensive income (loss) </link:label>
<link:label id="lab_us-gaap_ComprehensiveIncomeNoteTextBlock_C0417103F367DADAF24DCA05B9F6AD3A_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNoteTextBlock_C0417103F367DADAF24DCA05B9F6AD3A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Comprehensive Income (Loss) Note [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ComprehensiveIncomeNoteTextBlock" xlink:label="loc_us-gaap_ComprehensiveIncomeNoteTextBlock_C0417103F367DADAF24DCA05B9F6AD3A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComprehensiveIncomeNoteTextBlock_C0417103F367DADAF24DCA05B9F6AD3A" xlink:to="lab_us-gaap_ComprehensiveIncomeNoteTextBlock_C0417103F367DADAF24DCA05B9F6AD3A" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_924854B4EDEEDBB1E3A9CA34D94F0844_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_924854B4EDEEDBB1E3A9CA34D94F0844" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2018 </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_924854B4EDEEDBB1E3A9CA34D94F0844_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_924854B4EDEEDBB1E3A9CA34D94F0844" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Expected Future Benefit Payment, Next Twelve Months </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_924854B4EDEEDBB1E3A9CA34D94F0844" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_924854B4EDEEDBB1E3A9CA34D94F0844" xlink:to="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_924854B4EDEEDBB1E3A9CA34D94F0844" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_3481956AC352244F06E6CA34D94F1770_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_3481956AC352244F06E6CA34D94F1770" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2019 </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_3481956AC352244F06E6CA34D94F1770_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_3481956AC352244F06E6CA34D94F1770" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Expected Future Benefit Payment, Year Two </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_3481956AC352244F06E6CA34D94F1770" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_3481956AC352244F06E6CA34D94F1770" xlink:to="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_3481956AC352244F06E6CA34D94F1770" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_61DCB08142AC22B990E9CA34D94FEC22_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_61DCB08142AC22B990E9CA34D94FEC22" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2020 </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_61DCB08142AC22B990E9CA34D94FEC22_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_61DCB08142AC22B990E9CA34D94FEC22" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Expected Future Benefit Payment, Year Three </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_61DCB08142AC22B990E9CA34D94FEC22" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_61DCB08142AC22B990E9CA34D94FEC22" xlink:to="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_61DCB08142AC22B990E9CA34D94FEC22" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_684D2DCEA1982899AA8CCA34D94FA324_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_684D2DCEA1982899AA8CCA34D94FA324" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2021 </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_684D2DCEA1982899AA8CCA34D94FA324_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_684D2DCEA1982899AA8CCA34D94FA324" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Expected Future Benefit Payment, Year Four </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_684D2DCEA1982899AA8CCA34D94FA324" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_684D2DCEA1982899AA8CCA34D94FA324" xlink:to="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_684D2DCEA1982899AA8CCA34D94FA324" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive_56904B212B2A70644AF3CA34D94F12F0_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive_56904B212B2A70644AF3CA34D94F12F0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2022 </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive_56904B212B2A70644AF3CA34D94F12F0_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive_56904B212B2A70644AF3CA34D94F12F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Expected Future Benefit Payment, Year Five </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive_56904B212B2A70644AF3CA34D94F12F0" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter_D885E302583345632CF5CA34D94F487B_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter_D885E302583345632CF5CA34D94F487B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2023-2027 </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter_D885E302583345632CF5CA34D94F487B_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter_D885E302583345632CF5CA34D94F487B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Expected Future Benefit Payment, Five Fiscal Years Thereafter </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter_D885E302583345632CF5CA34D94F487B" xlink:type="locator"/>
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<link:label id="lab_bk_DefinedBenefitPlanExpectedFutureBenefitPayments_7787CF5474ACEE20A630CA34D94F16E4_totalLabel_en-US" xlink:label="lab_bk_DefinedBenefitPlanExpectedFutureBenefitPayments_7787CF5474ACEE20A630CA34D94F16E4" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total pension benefits </link:label>
<link:label id="lab_bk_DefinedBenefitPlanExpectedFutureBenefitPayments_7787CF5474ACEE20A630CA34D94F16E4_label_en-US" xlink:label="lab_bk_DefinedBenefitPlanExpectedFutureBenefitPayments_7787CF5474ACEE20A630CA34D94F16E4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan Expected Future Benefit Payments </link:label>
<link:label id="lab_bk_DefinedBenefitPlanExpectedFutureBenefitPayments_7787CF5474ACEE20A630CA34D94F16E4_documentation_en-US" xlink:label="lab_bk_DefinedBenefitPlanExpectedFutureBenefitPayments_7787CF5474ACEE20A630CA34D94F16E4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The amount of the aggregate benefits expected to be paid in the ten fiscal years thereafter (the aggregate amount of benefits expected to be paid in years 1 through 10 after the date of the latest statement of financial position). </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_DefinedBenefitPlanExpectedFutureBenefitPayments" xlink:label="loc_bk_DefinedBenefitPlanExpectedFutureBenefitPayments_7787CF5474ACEE20A630CA34D94F16E4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_BalanceSheetLocationAxis_3577F27C389F2B918CC0CA05B76525C6_terseLabel_en-US" xlink:label="lab_us-gaap_BalanceSheetLocationAxis_3577F27C389F2B918CC0CA05B76525C6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Balance Sheet Location [Axis] </link:label>
<link:label id="lab_us-gaap_BalanceSheetLocationAxis_3577F27C389F2B918CC0CA05B76525C6_label_en-US" xlink:label="lab_us-gaap_BalanceSheetLocationAxis_3577F27C389F2B918CC0CA05B76525C6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Balance Sheet Location [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BalanceSheetLocationAxis" xlink:label="loc_us-gaap_BalanceSheetLocationAxis_3577F27C389F2B918CC0CA05B76525C6" xlink:type="locator"/>
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<link:label id="lab_us-gaap_BalanceSheetLocationDomain_89C39CE07BC14A63EA18CA05B7651EBF_terseLabel_en-US" xlink:label="lab_us-gaap_BalanceSheetLocationDomain_89C39CE07BC14A63EA18CA05B7651EBF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Balance Sheet Location [Domain] </link:label>
<link:label id="lab_us-gaap_BalanceSheetLocationDomain_89C39CE07BC14A63EA18CA05B7651EBF_label_en-US" xlink:label="lab_us-gaap_BalanceSheetLocationDomain_89C39CE07BC14A63EA18CA05B7651EBF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Balance Sheet Location [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="loc_us-gaap_BalanceSheetLocationDomain_89C39CE07BC14A63EA18CA05B7651EBF" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LongTermDebtMember_E3FEF2806662E2275C3ECA05B766A84E_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMember_E3FEF2806662E2275C3ECA05B766A84E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Long-term debt </link:label>
<link:label id="lab_us-gaap_LongTermDebtMember_E3FEF2806662E2275C3ECA05B766A84E_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMember_E3FEF2806662E2275C3ECA05B766A84E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongTermDebtMember" xlink:label="loc_us-gaap_LongTermDebtMember_E3FEF2806662E2275C3ECA05B766A84E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtMember_E3FEF2806662E2275C3ECA05B766A84E" xlink:to="lab_us-gaap_LongTermDebtMember_E3FEF2806662E2275C3ECA05B766A84E" xlink:type="arc"/>
<link:label id="lab_bk_HedgedFinancialInstrumentsCarryingAmount_7D6E97B44736EDB30747CA05B766E3B0_terseLabel_en-US" xlink:label="lab_bk_HedgedFinancialInstrumentsCarryingAmount_7D6E97B44736EDB30747CA05B766E3B0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Carrying amount </link:label>
<link:label id="lab_bk_HedgedFinancialInstrumentsCarryingAmount_7D6E97B44736EDB30747CA05B766E3B0_label_en-US" xlink:label="lab_bk_HedgedFinancialInstrumentsCarryingAmount_7D6E97B44736EDB30747CA05B766E3B0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Hedged Financial Instruments Carrying Amount </link:label>
<link:label id="lab_bk_HedgedFinancialInstrumentsCarryingAmount_7D6E97B44736EDB30747CA05B766E3B0_documentation_en-US" xlink:label="lab_bk_HedgedFinancialInstrumentsCarryingAmount_7D6E97B44736EDB30747CA05B766E3B0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Hedged Financial Instruments, Carrying Amount </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_HedgedFinancialInstrumentsCarryingAmount" xlink:label="loc_bk_HedgedFinancialInstrumentsCarryingAmount_7D6E97B44736EDB30747CA05B766E3B0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_HedgedFinancialInstrumentsCarryingAmount_7D6E97B44736EDB30747CA05B766E3B0" xlink:to="lab_bk_HedgedFinancialInstrumentsCarryingAmount_7D6E97B44736EDB30747CA05B766E3B0" xlink:type="arc"/>
<link:label id="lab_invest_DerivativeNotionalAmount_A786DF73F5395AE7725CCA05B7668D1B_verboseLabel_en-US" xlink:label="lab_invest_DerivativeNotionalAmount_A786DF73F5395AE7725CCA05B7668D1B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Notional amount of hedge </link:label>
<link:label id="lab_invest_DerivativeNotionalAmount_A786DF73F5395AE7725CCA05B7668D1B_label_en-US" xlink:label="lab_invest_DerivativeNotionalAmount_A786DF73F5395AE7725CCA05B7668D1B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative, Notional Amount </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_DerivativeNotionalAmount" xlink:label="loc_invest_DerivativeNotionalAmount_A786DF73F5395AE7725CCA05B7668D1B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_invest_DerivativeNotionalAmount_A786DF73F5395AE7725CCA05B7668D1B" xlink:to="lab_invest_DerivativeNotionalAmount_A786DF73F5395AE7725CCA05B7668D1B" xlink:type="arc"/>
<link:label id="lab_bk_UnrealizedGainOnDerivatives_2814759B20C3647AFB65CA05B772859E_terseLabel_en-US" xlink:label="lab_bk_UnrealizedGainOnDerivatives_2814759B20C3647AFB65CA05B772859E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Unrealized Gain </link:label>
<link:label id="lab_bk_UnrealizedGainOnDerivatives_2814759B20C3647AFB65CA05B772859E_label_en-US" xlink:label="lab_bk_UnrealizedGainOnDerivatives_2814759B20C3647AFB65CA05B772859E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Unrealized Gain On Derivatives </link:label>
<link:label id="lab_bk_UnrealizedGainOnDerivatives_2814759B20C3647AFB65CA05B772859E_documentation_en-US" xlink:label="lab_bk_UnrealizedGainOnDerivatives_2814759B20C3647AFB65CA05B772859E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Unrealized Gain on Derivatives linked to this item. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_UnrealizedGainOnDerivatives" xlink:label="loc_bk_UnrealizedGainOnDerivatives_2814759B20C3647AFB65CA05B772859E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_UnrealizedGainOnDerivatives_2814759B20C3647AFB65CA05B772859E" xlink:to="lab_bk_UnrealizedGainOnDerivatives_2814759B20C3647AFB65CA05B772859E" xlink:type="arc"/>
<link:label id="lab_bk_UnrealizedLossOnDerivatives_FCA0385DF913C6109587CA05B7720AEB_negatedLabel_en-US" xlink:label="lab_bk_UnrealizedLossOnDerivatives_FCA0385DF913C6109587CA05B7720AEB" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Unrealized (Loss) </link:label>
<link:label id="lab_bk_UnrealizedLossOnDerivatives_FCA0385DF913C6109587CA05B7720AEB_label_en-US" xlink:label="lab_bk_UnrealizedLossOnDerivatives_FCA0385DF913C6109587CA05B7720AEB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Unrealized Loss On Derivatives </link:label>
<link:label id="lab_bk_UnrealizedLossOnDerivatives_FCA0385DF913C6109587CA05B7720AEB_documentation_en-US" xlink:label="lab_bk_UnrealizedLossOnDerivatives_FCA0385DF913C6109587CA05B7720AEB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Unrealized Loss on Derivatives linked to this item. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_UnrealizedLossOnDerivatives" xlink:label="loc_bk_UnrealizedLossOnDerivatives_FCA0385DF913C6109587CA05B7720AEB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_UnrealizedLossOnDerivatives_FCA0385DF913C6109587CA05B7720AEB" xlink:to="lab_bk_UnrealizedLossOnDerivatives_FCA0385DF913C6109587CA05B7720AEB" xlink:type="arc"/>
<link:label id="lab_us-gaap_VariableRateAxis_06C36934825251A1AC4ECA05BA082244_terseLabel_en-US" xlink:label="lab_us-gaap_VariableRateAxis_06C36934825251A1AC4ECA05BA082244" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Variable Rate [Axis] </link:label>
<link:label id="lab_us-gaap_VariableRateAxis_06C36934825251A1AC4ECA05BA082244_label_en-US" xlink:label="lab_us-gaap_VariableRateAxis_06C36934825251A1AC4ECA05BA082244" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Variable Rate [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_VariableRateAxis" xlink:label="loc_us-gaap_VariableRateAxis_06C36934825251A1AC4ECA05BA082244" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableRateAxis_06C36934825251A1AC4ECA05BA082244" xlink:to="lab_us-gaap_VariableRateAxis_06C36934825251A1AC4ECA05BA082244" xlink:type="arc"/>
<link:label id="lab_us-gaap_VariableRateDomain_86508656211D1F4F9CFBCA05BA0824AC_terseLabel_en-US" xlink:label="lab_us-gaap_VariableRateDomain_86508656211D1F4F9CFBCA05BA0824AC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Variable Rate [Domain] </link:label>
<link:label id="lab_us-gaap_VariableRateDomain_86508656211D1F4F9CFBCA05BA0824AC_label_en-US" xlink:label="lab_us-gaap_VariableRateDomain_86508656211D1F4F9CFBCA05BA0824AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Variable Rate [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_VariableRateDomain" xlink:label="loc_us-gaap_VariableRateDomain_86508656211D1F4F9CFBCA05BA0824AC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableRateDomain_86508656211D1F4F9CFBCA05BA0824AC" xlink:to="lab_us-gaap_VariableRateDomain_86508656211D1F4F9CFBCA05BA0824AC" xlink:type="arc"/>
<link:label id="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_81B2A53879922E20AE00CA05BA0860CD_terseLabel_en-US" xlink:label="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_81B2A53879922E20AE00CA05BA0860CD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> LIBOR </link:label>
<link:label id="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_81B2A53879922E20AE00CA05BA0860CD_label_en-US" xlink:label="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_81B2A53879922E20AE00CA05BA0860CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> London Interbank Offered Rate (LIBOR) [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LondonInterbankOfferedRateLIBORMember" xlink:label="loc_us-gaap_LondonInterbankOfferedRateLIBORMember_81B2A53879922E20AE00CA05BA0860CD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LondonInterbankOfferedRateLIBORMember_81B2A53879922E20AE00CA05BA0860CD" xlink:to="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_81B2A53879922E20AE00CA05BA0860CD" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockDividendPaymentRateVariable_ED68A8A44EB7C8450F7ECA05BA081633_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockDividendPaymentRateVariable_ED68A8A44EB7C8450F7ECA05BA081633" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Per annum dividend rate </link:label>
<link:label id="lab_us-gaap_PreferredStockDividendPaymentRateVariable_ED68A8A44EB7C8450F7ECA05BA081633_label_en-US" xlink:label="lab_us-gaap_PreferredStockDividendPaymentRateVariable_ED68A8A44EB7C8450F7ECA05BA081633" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Dividend Payment Rate, Variable </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PreferredStockDividendPaymentRateVariable" xlink:label="loc_us-gaap_PreferredStockDividendPaymentRateVariable_ED68A8A44EB7C8450F7ECA05BA081633" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockDividendPaymentRateVariable_ED68A8A44EB7C8450F7ECA05BA081633" xlink:to="lab_us-gaap_PreferredStockDividendPaymentRateVariable_ED68A8A44EB7C8450F7ECA05BA081633" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockDividendRatePercentage_6964233207E8D12AB4A2CA05BA081D58_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockDividendRatePercentage_6964233207E8D12AB4A2CA05BA081D58" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Per annum dividend rate </link:label>
<link:label id="lab_us-gaap_PreferredStockDividendRatePercentage_6964233207E8D12AB4A2CA05BA081D58_label_en-US" xlink:label="lab_us-gaap_PreferredStockDividendRatePercentage_6964233207E8D12AB4A2CA05BA081D58" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Dividend Rate, Percentage </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PreferredStockDividendRatePercentage" xlink:label="loc_us-gaap_PreferredStockDividendRatePercentage_6964233207E8D12AB4A2CA05BA081D58" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockDividendRatePercentage_6964233207E8D12AB4A2CA05BA081D58" xlink:to="lab_us-gaap_PreferredStockDividendRatePercentage_6964233207E8D12AB4A2CA05BA081D58" xlink:type="arc"/>
<link:label id="lab_bk_PreferredStockDividendPaymentRateBasisSpreadOnVariableRate_E03E7EFD0550B1D31753CA05BA089427_terseLabel_en-US" xlink:label="lab_bk_PreferredStockDividendPaymentRateBasisSpreadOnVariableRate_E03E7EFD0550B1D31753CA05BA089427" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock, basis spread on variable rate </link:label>
<link:label id="lab_bk_PreferredStockDividendPaymentRateBasisSpreadOnVariableRate_E03E7EFD0550B1D31753CA05BA089427_label_en-US" xlink:label="lab_bk_PreferredStockDividendPaymentRateBasisSpreadOnVariableRate_E03E7EFD0550B1D31753CA05BA089427" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock Dividend Payment Rate Basis Spread On Variable Rate </link:label>
<link:label id="lab_bk_PreferredStockDividendPaymentRateBasisSpreadOnVariableRate_E03E7EFD0550B1D31753CA05BA089427_documentation_en-US" xlink:label="lab_bk_PreferredStockDividendPaymentRateBasisSpreadOnVariableRate_E03E7EFD0550B1D31753CA05BA089427" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Dividend Payment Rate, Basis Spread on Variable Rate </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_PreferredStockDividendPaymentRateBasisSpreadOnVariableRate" xlink:label="loc_bk_PreferredStockDividendPaymentRateBasisSpreadOnVariableRate_E03E7EFD0550B1D31753CA05BA089427" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_PreferredStockDividendPaymentRateBasisSpreadOnVariableRate_E03E7EFD0550B1D31753CA05BA089427" xlink:to="lab_bk_PreferredStockDividendPaymentRateBasisSpreadOnVariableRate_E03E7EFD0550B1D31753CA05BA089427" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockLiquidationPreference_93B639A59C0B5D4BE77CCA05BA080110_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockLiquidationPreference_93B639A59C0B5D4BE77CCA05BA080110" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Liquidation preference per share (usd per share) </link:label>
<link:label id="lab_us-gaap_PreferredStockLiquidationPreference_93B639A59C0B5D4BE77CCA05BA080110_label_en-US" xlink:label="lab_us-gaap_PreferredStockLiquidationPreference_93B639A59C0B5D4BE77CCA05BA080110" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Liquidation Preference Per Share </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PreferredStockLiquidationPreference" xlink:label="loc_us-gaap_PreferredStockLiquidationPreference_93B639A59C0B5D4BE77CCA05BA080110" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockLiquidationPreference_93B639A59C0B5D4BE77CCA05BA080110" xlink:to="lab_us-gaap_PreferredStockLiquidationPreference_93B639A59C0B5D4BE77CCA05BA080110" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockSharesOutstanding_F379C2A341AA2D086909CA05BA08E9E5_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockSharesOutstanding_F379C2A341AA2D086909CA05BA08E9E5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total shares issued and outstanding (shares) </link:label>
<link:label id="lab_us-gaap_PreferredStockSharesOutstanding_F379C2A341AA2D086909CA05BA08E9E5_label_en-US" xlink:label="lab_us-gaap_PreferredStockSharesOutstanding_F379C2A341AA2D086909CA05BA08E9E5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Shares Outstanding </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="loc_us-gaap_PreferredStockSharesOutstanding_F379C2A341AA2D086909CA05BA08E9E5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockSharesOutstanding_F379C2A341AA2D086909CA05BA08E9E5" xlink:to="lab_us-gaap_PreferredStockSharesOutstanding_F379C2A341AA2D086909CA05BA08E9E5" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockValue_47045DEBE3D03F78470DCA05BA08DA5A_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockValue_47045DEBE3D03F78470DCA05BA08DA5A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Carrying value </link:label>
<link:label id="lab_us-gaap_PreferredStockValue_47045DEBE3D03F78470DCA05BA08DA5A_label_en-US" xlink:label="lab_us-gaap_PreferredStockValue_47045DEBE3D03F78470DCA05BA08DA5A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Value, Issued </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="loc_us-gaap_PreferredStockValue_47045DEBE3D03F78470DCA05BA08DA5A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockValue_47045DEBE3D03F78470DCA05BA08DA5A" xlink:to="lab_us-gaap_PreferredStockValue_47045DEBE3D03F78470DCA05BA08DA5A" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanWeightedAverageAssumptionsUsedInCalculatingNetPeriodicBenefitCostAbstract_4019EBA1478450770758CAD6A3CEB13B_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanWeightedAverageAssumptionsUsedInCalculatingNetPeriodicBenefitCostAbstract_4019EBA1478450770758CAD6A3CEB13B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Weighted-average assumptions to calculate net periodic benefit cost (credit): </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanWeightedAverageAssumptionsUsedInCalculatingNetPeriodicBenefitCostAbstract_4019EBA1478450770758CAD6A3CEB13B_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanWeightedAverageAssumptionsUsedInCalculatingNetPeriodicBenefitCostAbstract_4019EBA1478450770758CAD6A3CEB13B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Net Periodic Benefit Cost [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanWeightedAverageAssumptionsUsedInCalculatingNetPeriodicBenefitCostAbstract" xlink:label="loc_us-gaap_DefinedBenefitPlanWeightedAverageAssumptionsUsedInCalculatingNetPeriodicBenefitCostAbstract_4019EBA1478450770758CAD6A3CEB13B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanWeightedAverageAssumptionsUsedInCalculatingNetPeriodicBenefitCostAbstract_4019EBA1478450770758CAD6A3CEB13B" xlink:to="lab_us-gaap_DefinedBenefitPlanWeightedAverageAssumptionsUsedInCalculatingNetPeriodicBenefitCostAbstract_4019EBA1478450770758CAD6A3CEB13B" xlink:type="arc"/>
<link:label id="lab_bk_DefinedBenefitPlanMarketRelatedValueOfPlanAssets_492D478DB14397927104CAD6A3CE7655_terseLabel_en-US" xlink:label="lab_bk_DefinedBenefitPlanMarketRelatedValueOfPlanAssets_492D478DB14397927104CAD6A3CE7655" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Market-related value of plan assets </link:label>
<link:label id="lab_bk_DefinedBenefitPlanMarketRelatedValueOfPlanAssets_492D478DB14397927104CAD6A3CE7655_label_en-US" xlink:label="lab_bk_DefinedBenefitPlanMarketRelatedValueOfPlanAssets_492D478DB14397927104CAD6A3CE7655" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan Market Related Value Of Plan Assets </link:label>
<link:label id="lab_bk_DefinedBenefitPlanMarketRelatedValueOfPlanAssets_492D478DB14397927104CAD6A3CE7655_documentation_en-US" xlink:label="lab_bk_DefinedBenefitPlanMarketRelatedValueOfPlanAssets_492D478DB14397927104CAD6A3CE7655" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Either fair value or a calculated value that recognizes changes in fair value in a systematic and rational manner over not more than five years. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_DefinedBenefitPlanMarketRelatedValueOfPlanAssets" xlink:label="loc_bk_DefinedBenefitPlanMarketRelatedValueOfPlanAssets_492D478DB14397927104CAD6A3CE7655" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_DefinedBenefitPlanMarketRelatedValueOfPlanAssets_492D478DB14397927104CAD6A3CE7655" xlink:to="lab_bk_DefinedBenefitPlanMarketRelatedValueOfPlanAssets_492D478DB14397927104CAD6A3CE7655" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate_156C9037F1D382080EFACAD6A3CE651C_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate_156C9037F1D382080EFACAD6A3CE651C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Discount rate </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate_156C9037F1D382080EFACAD6A3CE651C_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate_156C9037F1D382080EFACAD6A3CE651C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate" xlink:label="loc_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate_156C9037F1D382080EFACAD6A3CE651C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate_156C9037F1D382080EFACAD6A3CE651C" xlink:to="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate_156C9037F1D382080EFACAD6A3CE651C" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets_B36EAC1367E8F9111265CAD6A3CE11E9_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets_B36EAC1367E8F9111265CAD6A3CE11E9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Expected rate of return on plan assets </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets_B36EAC1367E8F9111265CAD6A3CE11E9_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets_B36EAC1367E8F9111265CAD6A3CE11E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Rate of Return on Plan Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets" xlink:label="loc_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets_B36EAC1367E8F9111265CAD6A3CE11E9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets_B36EAC1367E8F9111265CAD6A3CE11E9" xlink:to="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets_B36EAC1367E8F9111265CAD6A3CE11E9" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease_0CD0D0C0952FC1707025CAD6A3CEBA89_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease_0CD0D0C0952FC1707025CAD6A3CEBA89" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Rate of compensation increase </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease_0CD0D0C0952FC1707025CAD6A3CEBA89_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease_0CD0D0C0952FC1707025CAD6A3CEBA89" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Rate of Compensation Increase </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease" xlink:label="loc_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease_0CD0D0C0952FC1707025CAD6A3CEBA89" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease_0CD0D0C0952FC1707025CAD6A3CEBA89" xlink:to="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease_0CD0D0C0952FC1707025CAD6A3CEBA89" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCostAbstract_8D751BB5B3D7121EE3FECAD6A3CE5C51_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCostAbstract_8D751BB5B3D7121EE3FECAD6A3CE5C51" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Components of net periodic benefit cost (credit): </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCostAbstract_8D751BB5B3D7121EE3FECAD6A3CE5C51_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCostAbstract_8D751BB5B3D7121EE3FECAD6A3CE5C51" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanNetPeriodicBenefitCostAbstract" xlink:label="loc_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCostAbstract_8D751BB5B3D7121EE3FECAD6A3CE5C51" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCostAbstract_8D751BB5B3D7121EE3FECAD6A3CE5C51" xlink:to="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCostAbstract_8D751BB5B3D7121EE3FECAD6A3CE5C51" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanServiceCost_8D39EC5E31F68B239038CAD6A3CEBA58_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanServiceCost_8D39EC5E31F68B239038CAD6A3CEBA58" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Service cost </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanServiceCost_8D39EC5E31F68B239038CAD6A3CEBA58_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanServiceCost_8D39EC5E31F68B239038CAD6A3CEBA58" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Service Cost </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanServiceCost" xlink:label="loc_us-gaap_DefinedBenefitPlanServiceCost_8D39EC5E31F68B239038CAD6A3CEBA58" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanServiceCost_8D39EC5E31F68B239038CAD6A3CEBA58" xlink:to="lab_us-gaap_DefinedBenefitPlanServiceCost_8D39EC5E31F68B239038CAD6A3CEBA58" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanInterestCost_AC36DC14BDAAEECA018ACAD6A3CE29F9_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanInterestCost_AC36DC14BDAAEECA018ACAD6A3CE29F9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest cost </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanInterestCost_AC36DC14BDAAEECA018ACAD6A3CE29F9_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanInterestCost_AC36DC14BDAAEECA018ACAD6A3CE29F9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Interest Cost </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanInterestCost" xlink:label="loc_us-gaap_DefinedBenefitPlanInterestCost_AC36DC14BDAAEECA018ACAD6A3CE29F9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanInterestCost_AC36DC14BDAAEECA018ACAD6A3CE29F9" xlink:to="lab_us-gaap_DefinedBenefitPlanInterestCost_AC36DC14BDAAEECA018ACAD6A3CE29F9" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets_B9FF54B8ED86E38C3A4ACAD6A3CE0049_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets_B9FF54B8ED86E38C3A4ACAD6A3CE0049" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Expected return on assets </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets_B9FF54B8ED86E38C3A4ACAD6A3CE0049_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets_B9FF54B8ED86E38C3A4ACAD6A3CE0049" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Expected Return (Loss) on Plan Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets_B9FF54B8ED86E38C3A4ACAD6A3CE0049" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets_B9FF54B8ED86E38C3A4ACAD6A3CE0049" xlink:to="lab_us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets_B9FF54B8ED86E38C3A4ACAD6A3CE0049" xlink:type="arc"/>
<link:label id="lab_bk_DefinedBenefitPlanAmortizationAbstract_E4DFC65E1DEA40957488CAD6A3CE3FDD_terseLabel_en-US" xlink:label="lab_bk_DefinedBenefitPlanAmortizationAbstract_E4DFC65E1DEA40957488CAD6A3CE3FDD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Amortization of: </link:label>
<link:label id="lab_bk_DefinedBenefitPlanAmortizationAbstract_E4DFC65E1DEA40957488CAD6A3CE3FDD_label_en-US" xlink:label="lab_bk_DefinedBenefitPlanAmortizationAbstract_E4DFC65E1DEA40957488CAD6A3CE3FDD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan Amortization [Abstract] </link:label>
<link:label id="lab_bk_DefinedBenefitPlanAmortizationAbstract_E4DFC65E1DEA40957488CAD6A3CE3FDD_documentation_en-US" xlink:label="lab_bk_DefinedBenefitPlanAmortizationAbstract_E4DFC65E1DEA40957488CAD6A3CE3FDD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Amortization [Abstract] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_DefinedBenefitPlanAmortizationAbstract" xlink:label="loc_bk_DefinedBenefitPlanAmortizationAbstract_E4DFC65E1DEA40957488CAD6A3CE3FDD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_DefinedBenefitPlanAmortizationAbstract_E4DFC65E1DEA40957488CAD6A3CE3FDD" xlink:to="lab_bk_DefinedBenefitPlanAmortizationAbstract_E4DFC65E1DEA40957488CAD6A3CE3FDD" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit_68D42590CDFEE6DA4245CAD6A3CE7916_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit_68D42590CDFEE6DA4245CAD6A3CE7916" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Prior service (credit) cost </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit_68D42590CDFEE6DA4245CAD6A3CE7916_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit_68D42590CDFEE6DA4245CAD6A3CE7916" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Amortization of Prior Service Cost (Credit) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit" xlink:label="loc_us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit_68D42590CDFEE6DA4245CAD6A3CE7916" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit_68D42590CDFEE6DA4245CAD6A3CE7916" xlink:to="lab_us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit_68D42590CDFEE6DA4245CAD6A3CE7916" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses_34C5FE4BCB2A866554B8CAD6A3CEA9BC_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses_34C5FE4BCB2A866554B8CAD6A3CEA9BC" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Net actuarial loss </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses_34C5FE4BCB2A866554B8CAD6A3CEA9BC_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses_34C5FE4BCB2A866554B8CAD6A3CEA9BC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Amortization of Gain (Loss) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses" xlink:label="loc_us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses_34C5FE4BCB2A866554B8CAD6A3CEA9BC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses_34C5FE4BCB2A866554B8CAD6A3CEA9BC" xlink:to="lab_us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses_34C5FE4BCB2A866554B8CAD6A3CEA9BC" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1_04F3084751E506AA26BDCAD6A3CF5077_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1_04F3084751E506AA26BDCAD6A3CF5077" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Settlement loss </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1_04F3084751E506AA26BDCAD6A3CF5077_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1_04F3084751E506AA26BDCAD6A3CF5077" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1" xlink:label="loc_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1_04F3084751E506AA26BDCAD6A3CF5077" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1_04F3084751E506AA26BDCAD6A3CF5077" xlink:to="lab_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1_04F3084751E506AA26BDCAD6A3CF5077" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments_45DDF2728F255D32DC7DCAD6A3CF9D20_negatedLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments_45DDF2728F255D32DC7DCAD6A3CF9D20" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Curtailment (gain) </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments_45DDF2728F255D32DC7DCAD6A3CF9D20_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments_45DDF2728F255D32DC7DCAD6A3CF9D20" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments" xlink:label="loc_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments_45DDF2728F255D32DC7DCAD6A3CF9D20" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments_45DDF2728F255D32DC7DCAD6A3CF9D20" xlink:to="lab_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments_45DDF2728F255D32DC7DCAD6A3CF9D20" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_6AB2A226784517B004A9CAD6A3CFC0EA_totalLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_6AB2A226784517B004A9CAD6A3CFC0EA" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net periodic benefit (credit) cost </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_6AB2A226784517B004A9CAD6A3CFC0EA_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_6AB2A226784517B004A9CAD6A3CFC0EA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Net Periodic Benefit Cost (Credit) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost" xlink:label="loc_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_6AB2A226784517B004A9CAD6A3CFC0EA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_6AB2A226784517B004A9CAD6A3CFC0EA" xlink:to="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_6AB2A226784517B004A9CAD6A3CFC0EA" xlink:type="arc"/>
<link:label id="lab_us-gaap_IncomeStatementAbstract_7CDB92DDB7157BC8DC60D2FE7116FBFF_label_en-US" xlink:label="lab_us-gaap_IncomeStatementAbstract_7CDB92DDB7157BC8DC60D2FE7116FBFF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Statement [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="loc_us-gaap_IncomeStatementAbstract_7CDB92DDB7157BC8DC60D2FE7116FBFF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementAbstract_7CDB92DDB7157BC8DC60D2FE7116FBFF" xlink:to="lab_us-gaap_IncomeStatementAbstract_7CDB92DDB7157BC8DC60D2FE7116FBFF" xlink:type="arc"/>
<link:label id="lab_us-gaap_SalesRevenueNetAbstract_9DA494B08B5B47469BA1D2FE7116CA3D_terseLabel_en-US" xlink:label="lab_us-gaap_SalesRevenueNetAbstract_9DA494B08B5B47469BA1D2FE7116CA3D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fee and other revenue </link:label>
<link:label id="lab_us-gaap_SalesRevenueNetAbstract_9DA494B08B5B47469BA1D2FE7116CA3D_label_en-US" xlink:label="lab_us-gaap_SalesRevenueNetAbstract_9DA494B08B5B47469BA1D2FE7116CA3D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Revenue, Net [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SalesRevenueNetAbstract" xlink:label="loc_us-gaap_SalesRevenueNetAbstract_9DA494B08B5B47469BA1D2FE7116CA3D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SalesRevenueNetAbstract_9DA494B08B5B47469BA1D2FE7116CA3D" xlink:to="lab_us-gaap_SalesRevenueNetAbstract_9DA494B08B5B47469BA1D2FE7116CA3D" xlink:type="arc"/>
<link:label id="lab_bk_SecuritiesServicingAndTreasuryServicesFeesAbstract_E613A9E64451E7E05C7CD2FE71169E04_terseLabel_en-US" xlink:label="lab_bk_SecuritiesServicingAndTreasuryServicesFeesAbstract_E613A9E64451E7E05C7CD2FE71169E04" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investment services fees: </link:label>
<link:label id="lab_bk_SecuritiesServicingAndTreasuryServicesFeesAbstract_E613A9E64451E7E05C7CD2FE71169E04_label_en-US" xlink:label="lab_bk_SecuritiesServicingAndTreasuryServicesFeesAbstract_E613A9E64451E7E05C7CD2FE71169E04" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Servicing And Treasury Services Fees [Abstract] </link:label>
<link:label id="lab_bk_SecuritiesServicingAndTreasuryServicesFeesAbstract_E613A9E64451E7E05C7CD2FE71169E04_documentation_en-US" xlink:label="lab_bk_SecuritiesServicingAndTreasuryServicesFeesAbstract_E613A9E64451E7E05C7CD2FE71169E04" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securities Servicing and Treasury Services Fees [Abstract] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_SecuritiesServicingAndTreasuryServicesFeesAbstract" xlink:label="loc_bk_SecuritiesServicingAndTreasuryServicesFeesAbstract_E613A9E64451E7E05C7CD2FE71169E04" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SecuritiesServicingAndTreasuryServicesFeesAbstract_E613A9E64451E7E05C7CD2FE71169E04" xlink:to="lab_bk_SecuritiesServicingAndTreasuryServicesFeesAbstract_E613A9E64451E7E05C7CD2FE71169E04" xlink:type="arc"/>
<link:label id="lab_bk_AssetServicing_36F7C949F68070D12A68D2FE71163034_terseLabel_en-US" xlink:label="lab_bk_AssetServicing_36F7C949F68070D12A68D2FE71163034" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Asset servicing </link:label>
<link:label id="lab_bk_AssetServicing_36F7C949F68070D12A68D2FE71163034_label_en-US" xlink:label="lab_bk_AssetServicing_36F7C949F68070D12A68D2FE71163034" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Asset Servicing </link:label>
<link:label id="lab_bk_AssetServicing_36F7C949F68070D12A68D2FE71163034_documentation_en-US" xlink:label="lab_bk_AssetServicing_36F7C949F68070D12A68D2FE71163034" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fees earned for providing asset servicing, primarily institutional trust and custody fees, broker dealer services and securities lending. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_AssetServicing" xlink:label="loc_bk_AssetServicing_36F7C949F68070D12A68D2FE71163034" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AssetServicing_36F7C949F68070D12A68D2FE71163034" xlink:to="lab_bk_AssetServicing_36F7C949F68070D12A68D2FE71163034" xlink:type="arc"/>
<link:label id="lab_us-gaap_ClearingFeesRevenue_0F98BF109A27CA464183D2FE7116340B_terseLabel_en-US" xlink:label="lab_us-gaap_ClearingFeesRevenue_0F98BF109A27CA464183D2FE7116340B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Clearing services </link:label>
<link:label id="lab_us-gaap_ClearingFeesRevenue_0F98BF109A27CA464183D2FE7116340B_label_en-US" xlink:label="lab_us-gaap_ClearingFeesRevenue_0F98BF109A27CA464183D2FE7116340B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Clearing Fees Revenue </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ClearingFeesRevenue" xlink:label="loc_us-gaap_ClearingFeesRevenue_0F98BF109A27CA464183D2FE7116340B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ClearingFeesRevenue_0F98BF109A27CA464183D2FE7116340B" xlink:to="lab_us-gaap_ClearingFeesRevenue_0F98BF109A27CA464183D2FE7116340B" xlink:type="arc"/>
<link:label id="lab_bk_IssuerServicing_19ED97566EB1B98A1768D2FE7116BE48_terseLabel_en-US" xlink:label="lab_bk_IssuerServicing_19ED97566EB1B98A1768D2FE7116BE48" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Issuer services </link:label>
<link:label id="lab_bk_IssuerServicing_19ED97566EB1B98A1768D2FE7116BE48_label_en-US" xlink:label="lab_bk_IssuerServicing_19ED97566EB1B98A1768D2FE7116BE48" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Issuer Servicing </link:label>
<link:label id="lab_bk_IssuerServicing_19ED97566EB1B98A1768D2FE7116BE48_documentation_en-US" xlink:label="lab_bk_IssuerServicing_19ED97566EB1B98A1768D2FE7116BE48" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fees earned for providing issuer servicing, primarily Corporate Trust, Depositary Receipts, employee investment plan services and shareowner services. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_IssuerServicing" xlink:label="loc_bk_IssuerServicing_19ED97566EB1B98A1768D2FE7116BE48" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_IssuerServicing_19ED97566EB1B98A1768D2FE7116BE48" xlink:to="lab_bk_IssuerServicing_19ED97566EB1B98A1768D2FE7116BE48" xlink:type="arc"/>
<link:label id="lab_bk_TreasuryServices_8698E33323CA23C829BDD2FE7116DCB1_terseLabel_en-US" xlink:label="lab_bk_TreasuryServices_8698E33323CA23C829BDD2FE7116DCB1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Treasury services </link:label>
<link:label id="lab_bk_TreasuryServices_8698E33323CA23C829BDD2FE7116DCB1_label_en-US" xlink:label="lab_bk_TreasuryServices_8698E33323CA23C829BDD2FE7116DCB1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Treasury Services </link:label>
<link:label id="lab_bk_TreasuryServices_8698E33323CA23C829BDD2FE7116DCB1_documentation_en-US" xlink:label="lab_bk_TreasuryServices_8698E33323CA23C829BDD2FE7116DCB1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Primarily reflects fees earned from funds transfer, cash management and liquidity management. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_TreasuryServices" xlink:label="loc_bk_TreasuryServices_8698E33323CA23C829BDD2FE7116DCB1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_TreasuryServices_8698E33323CA23C829BDD2FE7116DCB1" xlink:to="lab_bk_TreasuryServices_8698E33323CA23C829BDD2FE7116DCB1" xlink:type="arc"/>
<link:label id="lab_bk_SecuritiesServicingAndTreasuryServicesFees_E9E401C979B037FE4886D2FE7116F0C4_totalLabel_en-US" xlink:label="lab_bk_SecuritiesServicingAndTreasuryServicesFees_E9E401C979B037FE4886D2FE7116F0C4" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total investment services fees </link:label>
<link:label id="lab_bk_SecuritiesServicingAndTreasuryServicesFees_E9E401C979B037FE4886D2FE7116F0C4_label_en-US" xlink:label="lab_bk_SecuritiesServicingAndTreasuryServicesFees_E9E401C979B037FE4886D2FE7116F0C4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Servicing And Treasury Services Fees </link:label>
<link:label id="lab_bk_SecuritiesServicingAndTreasuryServicesFees_E9E401C979B037FE4886D2FE7116F0C4_documentation_en-US" xlink:label="lab_bk_SecuritiesServicingAndTreasuryServicesFees_E9E401C979B037FE4886D2FE7116F0C4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fees earned for providing securities servicing and treasury services. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_SecuritiesServicingAndTreasuryServicesFees" xlink:label="loc_bk_SecuritiesServicingAndTreasuryServicesFees_E9E401C979B037FE4886D2FE7116F0C4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SecuritiesServicingAndTreasuryServicesFees_E9E401C979B037FE4886D2FE7116F0C4" xlink:to="lab_bk_SecuritiesServicingAndTreasuryServicesFees_E9E401C979B037FE4886D2FE7116F0C4" xlink:type="arc"/>
<link:label id="lab_us-gaap_AssetManagementFees1_8D605E0F602BDC7C5646D2FE71169D1C_terseLabel_en-US" xlink:label="lab_us-gaap_AssetManagementFees1_8D605E0F602BDC7C5646D2FE71169D1C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investment management and performance fees </link:label>
<link:label id="lab_us-gaap_AssetManagementFees1_8D605E0F602BDC7C5646D2FE71169D1C_label_en-US" xlink:label="lab_us-gaap_AssetManagementFees1_8D605E0F602BDC7C5646D2FE71169D1C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Asset Management Fees </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AssetManagementFees1" xlink:label="loc_us-gaap_AssetManagementFees1_8D605E0F602BDC7C5646D2FE71169D1C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetManagementFees1_8D605E0F602BDC7C5646D2FE71169D1C" xlink:to="lab_us-gaap_AssetManagementFees1_8D605E0F602BDC7C5646D2FE71169D1C" xlink:type="arc"/>
<link:label id="lab_bk_ForeignExchangeAndOtherTradingActivities_4A617691CB4A6EF11E39D2FE71164704_terseLabel_en-US" xlink:label="lab_bk_ForeignExchangeAndOtherTradingActivities_4A617691CB4A6EF11E39D2FE71164704" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign exchange and other trading revenue </link:label>
<link:label id="lab_bk_ForeignExchangeAndOtherTradingActivities_4A617691CB4A6EF11E39D2FE71164704_label_en-US" xlink:label="lab_bk_ForeignExchangeAndOtherTradingActivities_4A617691CB4A6EF11E39D2FE71164704" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign Exchange And Other Trading Activities </link:label>
<link:label id="lab_bk_ForeignExchangeAndOtherTradingActivities_4A617691CB4A6EF11E39D2FE71164704_documentation_en-US" xlink:label="lab_bk_ForeignExchangeAndOtherTradingActivities_4A617691CB4A6EF11E39D2FE71164704" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The aggregate foreign currency transaction gain or loss (both realized and unrealized) included in determining net income for the reporting period. Excludes foreign currency transactions designated as hedges of net investment in a foreign entity and intercompany foreign currency transactions that are of a long-term nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements. For certain enterprises, primarily banks, that are dealers in foreign exchange, foreign currency transaction gains or losses may be disclosed as dealer gains or losses. Includes realized and unrealized gains and losses related to the derivatives trading portfolio, including credit default swaps, interest rate swaps and interest rate options. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ForeignExchangeAndOtherTradingActivities" xlink:label="loc_bk_ForeignExchangeAndOtherTradingActivities_4A617691CB4A6EF11E39D2FE71164704" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ForeignExchangeAndOtherTradingActivities_4A617691CB4A6EF11E39D2FE71164704" xlink:to="lab_bk_ForeignExchangeAndOtherTradingActivities_4A617691CB4A6EF11E39D2FE71164704" xlink:type="arc"/>
<link:label id="lab_bk_FinancingRelatedFees_E25FCD28A145F03E61D6D2FE7116C801_terseLabel_en-US" xlink:label="lab_bk_FinancingRelatedFees_E25FCD28A145F03E61D6D2FE7116C801" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing-related fees </link:label>
<link:label id="lab_bk_FinancingRelatedFees_E25FCD28A145F03E61D6D2FE7116C801_label_en-US" xlink:label="lab_bk_FinancingRelatedFees_E25FCD28A145F03E61D6D2FE7116C801" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Related Fees </link:label>
<link:label id="lab_bk_FinancingRelatedFees_E25FCD28A145F03E61D6D2FE7116C801_documentation_en-US" xlink:label="lab_bk_FinancingRelatedFees_E25FCD28A145F03E61D6D2FE7116C801" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Income from servicing real estate mortgages, credit cards, and other financial assets held by others. May also be net of any related impairment of fair value of capitalized service costs, includes capital market fees, loan commitment, fees and credit-related trade fees. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_FinancingRelatedFees" xlink:label="loc_bk_FinancingRelatedFees_E25FCD28A145F03E61D6D2FE7116C801" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_FinancingRelatedFees_E25FCD28A145F03E61D6D2FE7116C801" xlink:to="lab_bk_FinancingRelatedFees_E25FCD28A145F03E61D6D2FE7116C801" xlink:type="arc"/>
<link:label id="lab_bk_DistributionAndServicing_93C97DCA2AF4742CF45FD2FE7116E759_terseLabel_en-US" xlink:label="lab_bk_DistributionAndServicing_93C97DCA2AF4742CF45FD2FE7116E759" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Distribution and servicing </link:label>
<link:label id="lab_bk_DistributionAndServicing_93C97DCA2AF4742CF45FD2FE7116E759_label_en-US" xlink:label="lab_bk_DistributionAndServicing_93C97DCA2AF4742CF45FD2FE7116E759" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Distribution And Servicing </link:label>
<link:label id="lab_bk_DistributionAndServicing_93C97DCA2AF4742CF45FD2FE7116E759_documentation_en-US" xlink:label="lab_bk_DistributionAndServicing_93C97DCA2AF4742CF45FD2FE7116E759" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fees earned from mutual funds based on average assets in the funds and the sale of funds managed or administered. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_DistributionAndServicing" xlink:label="loc_bk_DistributionAndServicing_93C97DCA2AF4742CF45FD2FE7116E759" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_DistributionAndServicing_93C97DCA2AF4742CF45FD2FE7116E759" xlink:to="lab_bk_DistributionAndServicing_93C97DCA2AF4742CF45FD2FE7116E759" xlink:type="arc"/>
<link:label id="lab_bk_TotalFeeRevenue_571E7542BBBC9F842D45D2FE71160D08_totalLabel_en-US" xlink:label="lab_bk_TotalFeeRevenue_571E7542BBBC9F842D45D2FE71160D08" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total fee revenue </link:label>
<link:label id="lab_bk_TotalFeeRevenue_571E7542BBBC9F842D45D2FE71160D08_label_en-US" xlink:label="lab_bk_TotalFeeRevenue_571E7542BBBC9F842D45D2FE71160D08" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Total Fee Revenue </link:label>
<link:label id="lab_bk_TotalFeeRevenue_571E7542BBBC9F842D45D2FE71160D08_documentation_en-US" xlink:label="lab_bk_TotalFeeRevenue_571E7542BBBC9F842D45D2FE71160D08" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Total fee revenue </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_TotalFeeRevenue" xlink:label="loc_bk_TotalFeeRevenue_571E7542BBBC9F842D45D2FE71160D08" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_TotalFeeRevenue_571E7542BBBC9F842D45D2FE71160D08" xlink:to="lab_bk_TotalFeeRevenue_571E7542BBBC9F842D45D2FE71160D08" xlink:type="arc"/>
<link:label id="lab_us-gaap_MarketableSecuritiesGainLoss_9E7272A1934E7681ECF0D2FE7116544A_terseLabel_en-US" xlink:label="lab_us-gaap_MarketableSecuritiesGainLoss_9E7272A1934E7681ECF0D2FE7116544A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net securities gains — including other-than-temporary impairment </link:label>
<link:label id="lab_us-gaap_MarketableSecuritiesGainLoss_9E7272A1934E7681ECF0D2FE7116544A_label_en-US" xlink:label="lab_us-gaap_MarketableSecuritiesGainLoss_9E7272A1934E7681ECF0D2FE7116544A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Marketable Securities, Gain (Loss) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_MarketableSecuritiesGainLoss" xlink:label="loc_us-gaap_MarketableSecuritiesGainLoss_9E7272A1934E7681ECF0D2FE7116544A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount_1C444469C29DBAC3CFFFD2FE711654E5_terseLabel_en-US" xlink:label="lab_us-gaap_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount_1C444469C29DBAC3CFFFD2FE711654E5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Noncredit-related portion of other-than-temporary impairment (recognized in other comprehensive income) </link:label>
<link:label id="lab_us-gaap_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount_1C444469C29DBAC3CFFFD2FE711654E5_label_en-US" xlink:label="lab_us-gaap_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount_1C444469C29DBAC3CFFFD2FE711654E5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Marketable Securities, Realized Loss, Other than Temporary Impairments, Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount" xlink:label="loc_us-gaap_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount_1C444469C29DBAC3CFFFD2FE711654E5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount_1C444469C29DBAC3CFFFD2FE711654E5" xlink:to="lab_us-gaap_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount_1C444469C29DBAC3CFFFD2FE711654E5" xlink:type="arc"/>
<link:label id="lab_bk_NetSecuritiesGainLoss_ECF5BB724AE7AC08A4E1D2FE71163A3C_totalLabel_en-US" xlink:label="lab_bk_NetSecuritiesGainLoss_ECF5BB724AE7AC08A4E1D2FE71163A3C" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net securities gains </link:label>
<link:label id="lab_bk_NetSecuritiesGainLoss_ECF5BB724AE7AC08A4E1D2FE71163A3C_label_en-US" xlink:label="lab_bk_NetSecuritiesGainLoss_ECF5BB724AE7AC08A4E1D2FE71163A3C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Securities Gain (Loss) </link:label>
<link:label id="lab_bk_NetSecuritiesGainLoss_ECF5BB724AE7AC08A4E1D2FE71163A3C_documentation_en-US" xlink:label="lab_bk_NetSecuritiesGainLoss_ECF5BB724AE7AC08A4E1D2FE71163A3C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This item represents the total realized gain (loss) included in earnings for the period as a result of selling marketable securities categorized as available-for-sale or held-to-maturity. Additionally, this item would include any losses recognized for other than temporary impairments of the subject investments in debt and equity securities. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_NetSecuritiesGainLoss" xlink:label="loc_bk_NetSecuritiesGainLoss_ECF5BB724AE7AC08A4E1D2FE71163A3C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_NetSecuritiesGainLoss_ECF5BB724AE7AC08A4E1D2FE71163A3C" xlink:to="lab_bk_NetSecuritiesGainLoss_ECF5BB724AE7AC08A4E1D2FE71163A3C" xlink:type="arc"/>
<link:label id="lab_us-gaap_NoninterestIncome_D35DA7954977B6FC927FD2FE71165373_totalLabel_en-US" xlink:label="lab_us-gaap_NoninterestIncome_D35DA7954977B6FC927FD2FE71165373" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total fee and other revenue </link:label>
<link:label id="lab_us-gaap_NoninterestIncome_D35DA7954977B6FC927FD2FE71165373_label_en-US" xlink:label="lab_us-gaap_NoninterestIncome_D35DA7954977B6FC927FD2FE71165373" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noninterest Income </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NoninterestIncome" xlink:label="loc_us-gaap_NoninterestIncome_D35DA7954977B6FC927FD2FE71165373" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoninterestIncome_D35DA7954977B6FC927FD2FE71165373" xlink:to="lab_us-gaap_NoninterestIncome_D35DA7954977B6FC927FD2FE71165373" xlink:type="arc"/>
<link:label id="lab_bk_AssetsofConsolidatedInvestmentManagementFundsAbstract_BEA510F2E555025A5EB1D2FE71160D3B_verboseLabel_en-US" xlink:label="lab_bk_AssetsofConsolidatedInvestmentManagementFundsAbstract_BEA510F2E555025A5EB1D2FE71160D3B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Operations of consolidated investment management funds </link:label>
<link:label id="lab_bk_AssetsofConsolidatedInvestmentManagementFundsAbstract_BEA510F2E555025A5EB1D2FE71160D3B_label_en-US" xlink:label="lab_bk_AssetsofConsolidatedInvestmentManagementFundsAbstract_BEA510F2E555025A5EB1D2FE71160D3B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assets of Consolidated Investment Management Funds [Abstract] </link:label>
<link:label id="lab_bk_AssetsofConsolidatedInvestmentManagementFundsAbstract_BEA510F2E555025A5EB1D2FE71160D3B_documentation_en-US" xlink:label="lab_bk_AssetsofConsolidatedInvestmentManagementFundsAbstract_BEA510F2E555025A5EB1D2FE71160D3B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Assets of Consolidated Investment Management Funds [Abstract] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_AssetsofConsolidatedInvestmentManagementFundsAbstract" xlink:label="loc_bk_AssetsofConsolidatedInvestmentManagementFundsAbstract_BEA510F2E555025A5EB1D2FE71160D3B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AssetsofConsolidatedInvestmentManagementFundsAbstract_BEA510F2E555025A5EB1D2FE71160D3B" xlink:to="lab_bk_AssetsofConsolidatedInvestmentManagementFundsAbstract_BEA510F2E555025A5EB1D2FE71160D3B" xlink:type="arc"/>
<link:label id="lab_bk_InvestmentIncome_58B2CD423CBD5440196ED2FE711683F0_verboseLabel_en-US" xlink:label="lab_bk_InvestmentIncome_58B2CD423CBD5440196ED2FE711683F0" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Investment income </link:label>
<link:label id="lab_bk_InvestmentIncome_58B2CD423CBD5440196ED2FE711683F0_label_en-US" xlink:label="lab_bk_InvestmentIncome_58B2CD423CBD5440196ED2FE711683F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investment Income </link:label>
<link:label id="lab_bk_InvestmentIncome_58B2CD423CBD5440196ED2FE711683F0_documentation_en-US" xlink:label="lab_bk_InvestmentIncome_58B2CD423CBD5440196ED2FE711683F0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The difference between the carrying value and the sale price of equity securities. This element includes investments in which the entity holds a small ownership stake (generally, less than 20% of the shares outstanding) and cannot exert significant influence. Also includes income from insurance contracts and lease residual gains and losses. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_InvestmentIncome" xlink:label="loc_bk_InvestmentIncome_58B2CD423CBD5440196ED2FE711683F0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_InvestmentIncome_58B2CD423CBD5440196ED2FE711683F0" xlink:to="lab_bk_InvestmentIncome_58B2CD423CBD5440196ED2FE711683F0" xlink:type="arc"/>
<link:label id="lab_us-gaap_InterestExpenseOther_F3DFCA691791A9C397CED2FE711609E3_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseOther_F3DFCA691791A9C397CED2FE711609E3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest of investment management fund note holders </link:label>
<link:label id="lab_us-gaap_InterestExpenseOther_F3DFCA691791A9C397CED2FE711609E3_label_en-US" xlink:label="lab_us-gaap_InterestExpenseOther_F3DFCA691791A9C397CED2FE711609E3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Expense, Other </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestExpenseOther" xlink:label="loc_us-gaap_InterestExpenseOther_F3DFCA691791A9C397CED2FE711609E3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpenseOther_F3DFCA691791A9C397CED2FE711609E3" xlink:to="lab_us-gaap_InterestExpenseOther_F3DFCA691791A9C397CED2FE711609E3" xlink:type="arc"/>
<link:label id="lab_us-gaap_InvestmentIncomeNet_D6B0A03EE1AD7006E4CCD2FE71161BC7_totalLabel_en-US" xlink:label="lab_us-gaap_InvestmentIncomeNet_D6B0A03EE1AD7006E4CCD2FE71161BC7" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Income from consolidated investment management funds </link:label>
<link:label id="lab_us-gaap_InvestmentIncomeNet_D6B0A03EE1AD7006E4CCD2FE71161BC7_label_en-US" xlink:label="lab_us-gaap_InvestmentIncomeNet_D6B0A03EE1AD7006E4CCD2FE71161BC7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investment Income, Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InvestmentIncomeNet" xlink:label="loc_us-gaap_InvestmentIncomeNet_D6B0A03EE1AD7006E4CCD2FE71161BC7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentIncomeNet_D6B0A03EE1AD7006E4CCD2FE71161BC7" xlink:to="lab_us-gaap_InvestmentIncomeNet_D6B0A03EE1AD7006E4CCD2FE71161BC7" xlink:type="arc"/>
<link:label id="lab_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLossAbstract_A8C597DFC713E720173ED2FE711614AD_terseLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLossAbstract_A8C597DFC713E720173ED2FE711614AD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net interest revenue </link:label>
<link:label id="lab_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLossAbstract_A8C597DFC713E720173ED2FE711614AD_label_en-US" xlink:label="lab_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLossAbstract_A8C597DFC713E720173ED2FE711614AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Income (Expense), after Provision for Loan Loss [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestIncomeExpenseAfterProvisionForLoanLossAbstract" xlink:label="loc_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLossAbstract_A8C597DFC713E720173ED2FE711614AD" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestAndDividendIncomeOperating_48B80D9BB417E5503B49D2FE7116771E_terseLabel_en-US" xlink:label="lab_us-gaap_InterestAndDividendIncomeOperating_48B80D9BB417E5503B49D2FE7116771E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest revenue </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestAndDividendIncomeOperating" xlink:label="loc_us-gaap_InterestAndDividendIncomeOperating_48B80D9BB417E5503B49D2FE7116771E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestExpense_BD48B0D2DE41CA37F61AD2FE7116F4C8_verboseLabel_en-US" xlink:label="lab_us-gaap_InterestExpense_BD48B0D2DE41CA37F61AD2FE7116F4C8" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Interest expense </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaap_InterestExpense_BD48B0D2DE41CA37F61AD2FE7116F4C8" xlink:type="locator"/>
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<link:label id="lab_bk_TotalRevenuesIncludingRevenueGeneratedByVariableInterestEntities_C5FFC101DA82D3E35F0ED2FE711A128B_totalLabel_en-US" xlink:label="lab_bk_TotalRevenuesIncludingRevenueGeneratedByVariableInterestEntities_C5FFC101DA82D3E35F0ED2FE711A128B" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total revenue </link:label>
<link:label id="lab_bk_TotalRevenuesIncludingRevenueGeneratedByVariableInterestEntities_C5FFC101DA82D3E35F0ED2FE711A128B_label_en-US" xlink:label="lab_bk_TotalRevenuesIncludingRevenueGeneratedByVariableInterestEntities_C5FFC101DA82D3E35F0ED2FE711A128B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Total Revenues Including Revenue Generated By Variable Interest Entities </link:label>
<link:label id="lab_bk_TotalRevenuesIncludingRevenueGeneratedByVariableInterestEntities_C5FFC101DA82D3E35F0ED2FE711A128B_documentation_en-US" xlink:label="lab_bk_TotalRevenuesIncludingRevenueGeneratedByVariableInterestEntities_C5FFC101DA82D3E35F0ED2FE711A128B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Total Revenues, Including Revenue Generated by Variable Interest Entities </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_TotalRevenuesIncludingRevenueGeneratedByVariableInterestEntities" xlink:label="loc_bk_TotalRevenuesIncludingRevenueGeneratedByVariableInterestEntities_C5FFC101DA82D3E35F0ED2FE711A128B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ProvisionForLoanLeaseAndOtherLosses_AAE268CE39A8624D0D1DD2FE711ABCEE_verboseLabel_en-US" xlink:label="lab_us-gaap_ProvisionForLoanLeaseAndOtherLosses_AAE268CE39A8624D0D1DD2FE711ABCEE" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Provision for credit losses </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProvisionForLoanLeaseAndOtherLosses" xlink:label="loc_us-gaap_ProvisionForLoanLeaseAndOtherLosses_AAE268CE39A8624D0D1DD2FE711ABCEE" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NoninterestExpenseAbstract_155CDC4EA1602B57EFF5D2FE711A5955_terseLabel_en-US" xlink:label="lab_us-gaap_NoninterestExpenseAbstract_155CDC4EA1602B57EFF5D2FE711A5955" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Noninterest expense </link:label>
<link:label id="lab_us-gaap_NoninterestExpenseAbstract_155CDC4EA1602B57EFF5D2FE711A5955_label_en-US" xlink:label="lab_us-gaap_NoninterestExpenseAbstract_155CDC4EA1602B57EFF5D2FE711A5955" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noninterest Expense [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NoninterestExpenseAbstract" xlink:label="loc_us-gaap_NoninterestExpenseAbstract_155CDC4EA1602B57EFF5D2FE711A5955" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LaborAndRelatedExpense_668E3703BB26ED7475AFD2FE711A16EF_terseLabel_en-US" xlink:label="lab_us-gaap_LaborAndRelatedExpense_668E3703BB26ED7475AFD2FE711A16EF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Staff </link:label>
<link:label id="lab_us-gaap_LaborAndRelatedExpense_668E3703BB26ED7475AFD2FE711A16EF_label_en-US" xlink:label="lab_us-gaap_LaborAndRelatedExpense_668E3703BB26ED7475AFD2FE711A16EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Labor and Related Expense </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LaborAndRelatedExpense" xlink:label="loc_us-gaap_LaborAndRelatedExpense_668E3703BB26ED7475AFD2FE711A16EF" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ProfessionalFees_81608EE5598A1DED7982D2FE711A0724_terseLabel_en-US" xlink:label="lab_us-gaap_ProfessionalFees_81608EE5598A1DED7982D2FE711A0724" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Professional, legal and other purchased services </link:label>
<link:label id="lab_us-gaap_ProfessionalFees_81608EE5598A1DED7982D2FE711A0724_label_en-US" xlink:label="lab_us-gaap_ProfessionalFees_81608EE5598A1DED7982D2FE711A0724" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Professional Fees </link:label>
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<link:label id="lab_us-gaap_InformationTechnologyAndDataProcessing_084CEB3EC53A215E29E8D2FE711A312A_terseLabel_en-US" xlink:label="lab_us-gaap_InformationTechnologyAndDataProcessing_084CEB3EC53A215E29E8D2FE711A312A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Software </link:label>
<link:label id="lab_us-gaap_InformationTechnologyAndDataProcessing_084CEB3EC53A215E29E8D2FE711A312A_label_en-US" xlink:label="lab_us-gaap_InformationTechnologyAndDataProcessing_084CEB3EC53A215E29E8D2FE711A312A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Information Technology and Data Processing </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InformationTechnologyAndDataProcessing" xlink:label="loc_us-gaap_InformationTechnologyAndDataProcessing_084CEB3EC53A215E29E8D2FE711A312A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OccupancyNet_00AD732AE7ED0B1543E6D2FE711A5B4E_terseLabel_en-US" xlink:label="lab_us-gaap_OccupancyNet_00AD732AE7ED0B1543E6D2FE711A5B4E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net occupancy </link:label>
<link:label id="lab_us-gaap_OccupancyNet_00AD732AE7ED0B1543E6D2FE711A5B4E_label_en-US" xlink:label="lab_us-gaap_OccupancyNet_00AD732AE7ED0B1543E6D2FE711A5B4E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Occupancy, Net </link:label>
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<link:label id="lab_us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees_B4126565071E36F2C747D2FE711ADFC2_terseLabel_en-US" xlink:label="lab_us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees_B4126565071E36F2C747D2FE711ADFC2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Distribution and servicing </link:label>
<link:label id="lab_us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees_B4126565071E36F2C747D2FE711ADFC2_label_en-US" xlink:label="lab_us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees_B4126565071E36F2C747D2FE711ADFC2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Expense Related to Distribution or Servicing and Underwriting Fees </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees" xlink:label="loc_us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees_B4126565071E36F2C747D2FE711ADFC2" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NoninterestExpenseTransferAgentAndCustodianFees_D969603F9DA597FE1869D2FE711A7831_terseLabel_en-US" xlink:label="lab_us-gaap_NoninterestExpenseTransferAgentAndCustodianFees_D969603F9DA597FE1869D2FE711A7831" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Sub-custodian </link:label>
<link:label id="lab_us-gaap_NoninterestExpenseTransferAgentAndCustodianFees_D969603F9DA597FE1869D2FE711A7831_label_en-US" xlink:label="lab_us-gaap_NoninterestExpenseTransferAgentAndCustodianFees_D969603F9DA597FE1869D2FE711A7831" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noninterest Expense Transfer Agent and Custodian Fees </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NoninterestExpenseTransferAgentAndCustodianFees" xlink:label="loc_us-gaap_NoninterestExpenseTransferAgentAndCustodianFees_D969603F9DA597FE1869D2FE711A7831" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EquipmentExpense_C7224ACEBA5845789D13D2FE711A178D_terseLabel_en-US" xlink:label="lab_us-gaap_EquipmentExpense_C7224ACEBA5845789D13D2FE711A178D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Furniture and equipment </link:label>
<link:label id="lab_us-gaap_EquipmentExpense_C7224ACEBA5845789D13D2FE711A178D_label_en-US" xlink:label="lab_us-gaap_EquipmentExpense_C7224ACEBA5845789D13D2FE711A178D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equipment Expense </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquipmentExpense" xlink:label="loc_us-gaap_EquipmentExpense_C7224ACEBA5845789D13D2FE711A178D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_BusinessDevelopment_C0B7407917F9CC3A5155D2FE711AE8F6_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessDevelopment_C0B7407917F9CC3A5155D2FE711AE8F6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Business development </link:label>
<link:label id="lab_us-gaap_BusinessDevelopment_C0B7407917F9CC3A5155D2FE711AE8F6_label_en-US" xlink:label="lab_us-gaap_BusinessDevelopment_C0B7407917F9CC3A5155D2FE711AE8F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Business Development </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BusinessDevelopment" xlink:label="loc_us-gaap_BusinessDevelopment_C0B7407917F9CC3A5155D2FE711AE8F6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessDevelopment_C0B7407917F9CC3A5155D2FE711AE8F6" xlink:to="lab_us-gaap_BusinessDevelopment_C0B7407917F9CC3A5155D2FE711AE8F6" xlink:type="arc"/>
<link:label id="lab_bk_BankAssessmentCharges_9847B0D93AFF4153A599D2FE711E7172_terseLabel_en-US" xlink:label="lab_bk_BankAssessmentCharges_9847B0D93AFF4153A599D2FE711E7172" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Bank assessment charges </link:label>
<link:label id="lab_bk_BankAssessmentCharges_9847B0D93AFF4153A599D2FE711E7172_label_en-US" xlink:label="lab_bk_BankAssessmentCharges_9847B0D93AFF4153A599D2FE711E7172" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Bank Assessment Charges </link:label>
<link:label id="lab_bk_BankAssessmentCharges_9847B0D93AFF4153A599D2FE711E7172_documentation_en-US" xlink:label="lab_bk_BankAssessmentCharges_9847B0D93AFF4153A599D2FE711E7172" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Bank Assessment Charges </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_BankAssessmentCharges" xlink:label="loc_bk_BankAssessmentCharges_9847B0D93AFF4153A599D2FE711E7172" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_BankAssessmentCharges_9847B0D93AFF4153A599D2FE711E7172" xlink:to="lab_bk_BankAssessmentCharges_9847B0D93AFF4153A599D2FE711E7172" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherNoninterestExpense_CBA623889B72905EBD4ED2FE711ED798_terseLabel_en-US" xlink:label="lab_us-gaap_OtherNoninterestExpense_CBA623889B72905EBD4ED2FE711ED798" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other </link:label>
<link:label id="lab_us-gaap_OtherNoninterestExpense_CBA623889B72905EBD4ED2FE711ED798_label_en-US" xlink:label="lab_us-gaap_OtherNoninterestExpense_CBA623889B72905EBD4ED2FE711ED798" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Noninterest Expense </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherNoninterestExpense" xlink:label="loc_us-gaap_OtherNoninterestExpense_CBA623889B72905EBD4ED2FE711ED798" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherNoninterestExpense_CBA623889B72905EBD4ED2FE711ED798" xlink:to="lab_us-gaap_OtherNoninterestExpense_CBA623889B72905EBD4ED2FE711ED798" xlink:type="arc"/>
<link:label id="lab_us-gaap_AmortizationOfIntangibleAssets_8B04D4C9C99A7FD0DED9D2FE711E7F5A_terseLabel_en-US" xlink:label="lab_us-gaap_AmortizationOfIntangibleAssets_8B04D4C9C99A7FD0DED9D2FE711E7F5A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Amortization of intangible assets </link:label>
<link:label id="lab_us-gaap_AmortizationOfIntangibleAssets_8B04D4C9C99A7FD0DED9D2FE711E7F5A_label_en-US" xlink:label="lab_us-gaap_AmortizationOfIntangibleAssets_8B04D4C9C99A7FD0DED9D2FE711E7F5A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Amortization of Intangible Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AmortizationOfIntangibleAssets" xlink:label="loc_us-gaap_AmortizationOfIntangibleAssets_8B04D4C9C99A7FD0DED9D2FE711E7F5A" xlink:type="locator"/>
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<link:label id="lab_bk_MergerAndIntegrationLitigationAndRestructuringCharges_9F9169C5EEF450EFA4D4D2FE711E3046_terseLabel_en-US" xlink:label="lab_bk_MergerAndIntegrationLitigationAndRestructuringCharges_9F9169C5EEF450EFA4D4D2FE711E3046" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Merger and integration, litigation and restructuring charges </link:label>
<link:label id="lab_bk_MergerAndIntegrationLitigationAndRestructuringCharges_9F9169C5EEF450EFA4D4D2FE711E3046_label_en-US" xlink:label="lab_bk_MergerAndIntegrationLitigationAndRestructuringCharges_9F9169C5EEF450EFA4D4D2FE711E3046" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Merger And Integration Litigation And Restructuring Charges </link:label>
<link:label id="lab_bk_MergerAndIntegrationLitigationAndRestructuringCharges_9F9169C5EEF450EFA4D4D2FE711E3046_documentation_en-US" xlink:label="lab_bk_MergerAndIntegrationLitigationAndRestructuringCharges_9F9169C5EEF450EFA4D4D2FE711E3046" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Merger And Integration Litigation And Restructuring Charges </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_MergerAndIntegrationLitigationAndRestructuringCharges" xlink:label="loc_bk_MergerAndIntegrationLitigationAndRestructuringCharges_9F9169C5EEF450EFA4D4D2FE711E3046" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NoninterestExpense_8D9491D96DF148F5C6A8D2FE711E9429_totalLabel_en-US" xlink:label="lab_us-gaap_NoninterestExpense_8D9491D96DF148F5C6A8D2FE711E9429" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total noninterest expense </link:label>
<link:label id="lab_us-gaap_NoninterestExpense_8D9491D96DF148F5C6A8D2FE711E9429_label_en-US" xlink:label="lab_us-gaap_NoninterestExpense_8D9491D96DF148F5C6A8D2FE711E9429" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noninterest Expense </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NoninterestExpense" xlink:label="loc_us-gaap_NoninterestExpense_8D9491D96DF148F5C6A8D2FE711E9429" xlink:type="locator"/>
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<link:label id="lab_bk_IncomeAbstract_494BF6437B5F2A96F71AD2FE711E8CAA_terseLabel_en-US" xlink:label="lab_bk_IncomeAbstract_494BF6437B5F2A96F71AD2FE711E8CAA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income </link:label>
<link:label id="lab_bk_IncomeAbstract_494BF6437B5F2A96F71AD2FE711E8CAA_label_en-US" xlink:label="lab_bk_IncomeAbstract_494BF6437B5F2A96F71AD2FE711E8CAA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income [Abstract] </link:label>
<link:label id="lab_bk_IncomeAbstract_494BF6437B5F2A96F71AD2FE711E8CAA_documentation_en-US" xlink:label="lab_bk_IncomeAbstract_494BF6437B5F2A96F71AD2FE711E8CAA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Income [Abstract] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_IncomeAbstract" xlink:label="loc_bk_IncomeAbstract_494BF6437B5F2A96F71AD2FE711E8CAA" xlink:type="locator"/>
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<link:loc xlink:href="bk-20171231.xsd#bk_IncomeLossFromContinuingOperationsBeforeIncomeTaxes" xlink:label="loc_bk_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_C72C6114ABE4CD976BC7D2FE711E914E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_2607F701822310197BB4D2FE711EE381_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_2607F701822310197BB4D2FE711EE381" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Provision for income taxes </link:label>
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<link:label id="lab_us-gaap_ProfitLoss_DDA6DD2E3247843119FBD2FE711E2C07_totalLabel_en-US" xlink:label="lab_us-gaap_ProfitLoss_DDA6DD2E3247843119FBD2FE711E2C07" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net income </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_DDA6DD2E3247843119FBD2FE711E2C07" xlink:type="locator"/>
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<link:label id="lab_bk_NetIncomeLossAvailableToCommonShareholdersAfterRequiredAdjustments_85907408237EAF675D2CD2FE711E77D8_totalLabel_en-US" xlink:label="lab_bk_NetIncomeLossAvailableToCommonShareholdersAfterRequiredAdjustments_85907408237EAF675D2CD2FE711E77D8" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net income applicable to common shareholders of The Bank of New York Mellon Corporation after required adjustment for the calculation of basic and diluted earnings per common share </link:label>
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<link:label id="lab_bk_NetIncomeLossAvailableToCommonShareholdersAfterRequiredAdjustments_85907408237EAF675D2CD2FE711E77D8_documentation_en-US" xlink:label="lab_bk_NetIncomeLossAvailableToCommonShareholdersAfterRequiredAdjustments_85907408237EAF675D2CD2FE711E77D8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Net Income (Loss) Available to Common Shareholders after Required Adjustments </link:label>
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<link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_324BED83C006418A04E8D2FE711EB46E_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_324BED83C006418A04E8D2FE711EB46E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Average common shares and equivalents outstanding of The Bank of New York Mellon Corporation </link:label>
<link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_324BED83C006418A04E8D2FE711EB46E_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_324BED83C006418A04E8D2FE711EB46E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Weighted Average Number of Shares Outstanding, Diluted [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:label="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_324BED83C006418A04E8D2FE711EB46E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_2481341A0E985C06A90ED2FE711E3A98_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_2481341A0E985C06A90ED2FE711E3A98" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Basic (shares) </link:label>
<link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_2481341A0E985C06A90ED2FE711E3A98_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_2481341A0E985C06A90ED2FE711E3A98" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Weighted Average Number of Shares Outstanding, Basic </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_2481341A0E985C06A90ED2FE711E3A98" xlink:type="locator"/>
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<link:label id="lab_us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment_3F8CE51128ADE566A569D2FE711EAE34_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment_3F8CE51128ADE566A569D2FE711EAE34" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common stock equivalents (shares) </link:label>
<link:label id="lab_us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment_3F8CE51128ADE566A569D2FE711EAE34_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment_3F8CE51128ADE566A569D2FE711EAE34" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Weighted Average Number Diluted Shares Outstanding Adjustment </link:label>
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<link:label id="lab_us-gaap_WeightedAverageNumberOfSharesRestrictedStock_932875923B4A53E8F212D2FE711E5894_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesRestrictedStock_932875923B4A53E8F212D2FE711E5894" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Less: Participating securities (shares) </link:label>
<link:label id="lab_us-gaap_WeightedAverageNumberOfSharesRestrictedStock_932875923B4A53E8F212D2FE711E5894_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesRestrictedStock_932875923B4A53E8F212D2FE711E5894" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Weighted Average Number of Shares, Restricted Stock </link:label>
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<link:label id="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_4BC43874A990FF9A18E7D2FE711E9F0A_terseLabel_en-US" xlink:label="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_4BC43874A990FF9A18E7D2FE711E9F0A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Anti-dilutive securities (shares) </link:label>
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<link:label id="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain_788F6DEB89EE9ABB820CCA05B70EDF5F_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain_788F6DEB89EE9ABB820CCA05B70EDF5F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Repurchase Agreements and Similar Transactions, Maturity Periods [Domain] </link:label>
<link:label id="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain_788F6DEB89EE9ABB820CCA05B70EDF5F_label_en-US" xlink:label="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain_788F6DEB89EE9ABB820CCA05B70EDF5F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Repurchase Agreements and Similar Transactions, Maturity Periods [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain" xlink:label="loc_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain_788F6DEB89EE9ABB820CCA05B70EDF5F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain_788F6DEB89EE9ABB820CCA05B70EDF5F" xlink:to="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain_788F6DEB89EE9ABB820CCA05B70EDF5F" xlink:type="arc"/>
<link:label id="lab_us-gaap_MaturityOvernightMember_436DF73D2778904D05F1CA05B70F84EA_terseLabel_en-US" xlink:label="lab_us-gaap_MaturityOvernightMember_436DF73D2778904D05F1CA05B70F84EA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Overnight and continuous </link:label>
<link:label id="lab_us-gaap_MaturityOvernightMember_436DF73D2778904D05F1CA05B70F84EA_label_en-US" xlink:label="lab_us-gaap_MaturityOvernightMember_436DF73D2778904D05F1CA05B70F84EA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Maturity Overnight [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_MaturityOvernightMember" xlink:label="loc_us-gaap_MaturityOvernightMember_436DF73D2778904D05F1CA05B70F84EA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MaturityOvernightMember_436DF73D2778904D05F1CA05B70F84EA" xlink:to="lab_us-gaap_MaturityOvernightMember_436DF73D2778904D05F1CA05B70F84EA" xlink:type="arc"/>
<link:label id="lab_us-gaap_MaturityUpTo30DaysMember_707D043D38AED049E4D9CA05B70F8A42_terseLabel_en-US" xlink:label="lab_us-gaap_MaturityUpTo30DaysMember_707D043D38AED049E4D9CA05B70F8A42" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Up to 30 days </link:label>
<link:label id="lab_us-gaap_MaturityUpTo30DaysMember_707D043D38AED049E4D9CA05B70F8A42_label_en-US" xlink:label="lab_us-gaap_MaturityUpTo30DaysMember_707D043D38AED049E4D9CA05B70F8A42" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Maturity Less than 30 Days [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_MaturityUpTo30DaysMember" xlink:label="loc_us-gaap_MaturityUpTo30DaysMember_707D043D38AED049E4D9CA05B70F8A42" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MaturityUpTo30DaysMember_707D043D38AED049E4D9CA05B70F8A42" xlink:to="lab_us-gaap_MaturityUpTo30DaysMember_707D043D38AED049E4D9CA05B70F8A42" xlink:type="arc"/>
<link:label id="lab_bk_MaturityGreaterThan30DaysMember_736F620374F18DB1CD51CA05B70F7889_terseLabel_en-US" xlink:label="lab_bk_MaturityGreaterThan30DaysMember_736F620374F18DB1CD51CA05B70F7889" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 30 days or more </link:label>
<link:label id="lab_bk_MaturityGreaterThan30DaysMember_736F620374F18DB1CD51CA05B70F7889_label_en-US" xlink:label="lab_bk_MaturityGreaterThan30DaysMember_736F620374F18DB1CD51CA05B70F7889" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Maturity Greater Than 30 Days [Member] </link:label>
<link:label id="lab_bk_MaturityGreaterThan30DaysMember_736F620374F18DB1CD51CA05B70F7889_documentation_en-US" xlink:label="lab_bk_MaturityGreaterThan30DaysMember_736F620374F18DB1CD51CA05B70F7889" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Maturity Greater Than 30 Days [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_MaturityGreaterThan30DaysMember" xlink:label="loc_bk_MaturityGreaterThan30DaysMember_736F620374F18DB1CD51CA05B70F7889" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_MaturityGreaterThan30DaysMember_736F620374F18DB1CD51CA05B70F7889" xlink:to="lab_bk_MaturityGreaterThan30DaysMember_736F620374F18DB1CD51CA05B70F7889" xlink:type="arc"/>
<link:label id="lab_us-gaap_TransferOfCertainFinancialAssetsAccountedForAsSecuredBorrowingsLineItems_FC96559285D64E0F768FCA05B70F90C7_terseLabel_en-US" xlink:label="lab_us-gaap_TransferOfCertainFinancialAssetsAccountedForAsSecuredBorrowingsLineItems_FC96559285D64E0F768FCA05B70F90C7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items] </link:label>
<link:label id="lab_us-gaap_TransferOfCertainFinancialAssetsAccountedForAsSecuredBorrowingsLineItems_FC96559285D64E0F768FCA05B70F90C7_label_en-US" xlink:label="lab_us-gaap_TransferOfCertainFinancialAssetsAccountedForAsSecuredBorrowingsLineItems_FC96559285D64E0F768FCA05B70F90C7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TransferOfCertainFinancialAssetsAccountedForAsSecuredBorrowingsLineItems" xlink:label="loc_us-gaap_TransferOfCertainFinancialAssetsAccountedForAsSecuredBorrowingsLineItems_FC96559285D64E0F768FCA05B70F90C7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TransferOfCertainFinancialAssetsAccountedForAsSecuredBorrowingsLineItems_FC96559285D64E0F768FCA05B70F90C7" xlink:to="lab_us-gaap_TransferOfCertainFinancialAssetsAccountedForAsSecuredBorrowingsLineItems_FC96559285D64E0F768FCA05B70F90C7" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancialAssetsSoldUnderAgreementsToRepurchaseGrossIncludingNotSubjectToMasterNettingArrangement_EF7B52CF38166B6E5471CA05B70F7246_terseLabel_en-US" xlink:label="lab_us-gaap_FinancialAssetsSoldUnderAgreementsToRepurchaseGrossIncludingNotSubjectToMasterNettingArrangement_EF7B52CF38166B6E5471CA05B70F7246" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Repurchase agreements </link:label>
<link:label id="lab_us-gaap_FinancialAssetsSoldUnderAgreementsToRepurchaseGrossIncludingNotSubjectToMasterNettingArrangement_EF7B52CF38166B6E5471CA05B70F7246_label_en-US" xlink:label="lab_us-gaap_FinancialAssetsSoldUnderAgreementsToRepurchaseGrossIncludingNotSubjectToMasterNettingArrangement_EF7B52CF38166B6E5471CA05B70F7246" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financial Assets Sold under Agreements to Repurchase, Gross Including Not Subject to Master Netting Arrangement </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinancialAssetsSoldUnderAgreementsToRepurchaseGrossIncludingNotSubjectToMasterNettingArrangement" xlink:label="loc_us-gaap_FinancialAssetsSoldUnderAgreementsToRepurchaseGrossIncludingNotSubjectToMasterNettingArrangement_EF7B52CF38166B6E5471CA05B70F7246" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancialAssetsSoldUnderAgreementsToRepurchaseGrossIncludingNotSubjectToMasterNettingArrangement_EF7B52CF38166B6E5471CA05B70F7246" xlink:to="lab_us-gaap_FinancialAssetsSoldUnderAgreementsToRepurchaseGrossIncludingNotSubjectToMasterNettingArrangement_EF7B52CF38166B6E5471CA05B70F7246" xlink:type="arc"/>
<link:label id="lab_us-gaap_SecuritiesLoanedIncludingNotSubjectToMasterNettingArrangementAndAssetsOtherThanSecuritiesTransferred_18EC9232653A02119E36CA05B70F7717_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesLoanedIncludingNotSubjectToMasterNettingArrangementAndAssetsOtherThanSecuritiesTransferred_18EC9232653A02119E36CA05B70F7717" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities lending </link:label>
<link:label id="lab_us-gaap_SecuritiesLoanedIncludingNotSubjectToMasterNettingArrangementAndAssetsOtherThanSecuritiesTransferred_18EC9232653A02119E36CA05B70F7717_label_en-US" xlink:label="lab_us-gaap_SecuritiesLoanedIncludingNotSubjectToMasterNettingArrangementAndAssetsOtherThanSecuritiesTransferred_18EC9232653A02119E36CA05B70F7717" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Loaned, Including Not Subject to Master Netting Arrangement and Assets other than Securities Transferred </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuritiesLoanedIncludingNotSubjectToMasterNettingArrangementAndAssetsOtherThanSecuritiesTransferred" xlink:label="loc_us-gaap_SecuritiesLoanedIncludingNotSubjectToMasterNettingArrangementAndAssetsOtherThanSecuritiesTransferred_18EC9232653A02119E36CA05B70F7717" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuritiesLoanedIncludingNotSubjectToMasterNettingArrangementAndAssetsOtherThanSecuritiesTransferred_18EC9232653A02119E36CA05B70F7717" xlink:to="lab_us-gaap_SecuritiesLoanedIncludingNotSubjectToMasterNettingArrangementAndAssetsOtherThanSecuritiesTransferred_18EC9232653A02119E36CA05B70F7717" xlink:type="arc"/>
<link:label id="lab_us-gaap_SecuredBorrowingsGrossIncludingNotSubjectToMasterNettingArrangement_A049D252BBC927D71EB7CA05B70FA649_totalLabel_en-US" xlink:label="lab_us-gaap_SecuredBorrowingsGrossIncludingNotSubjectToMasterNettingArrangement_A049D252BBC927D71EB7CA05B70FA649" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total borrowings </link:label>
<link:label id="lab_us-gaap_SecuredBorrowingsGrossIncludingNotSubjectToMasterNettingArrangement_A049D252BBC927D71EB7CA05B70FA649_label_en-US" xlink:label="lab_us-gaap_SecuredBorrowingsGrossIncludingNotSubjectToMasterNettingArrangement_A049D252BBC927D71EB7CA05B70FA649" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Secured Borrowings, Gross Including Not Subject to Master Netting Arrangement </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SecuredBorrowingsGrossIncludingNotSubjectToMasterNettingArrangement" xlink:label="loc_us-gaap_SecuredBorrowingsGrossIncludingNotSubjectToMasterNettingArrangement_A049D252BBC927D71EB7CA05B70FA649" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuredBorrowingsGrossIncludingNotSubjectToMasterNettingArrangement_A049D252BBC927D71EB7CA05B70FA649" xlink:to="lab_us-gaap_SecuredBorrowingsGrossIncludingNotSubjectToMasterNettingArrangement_A049D252BBC927D71EB7CA05B70FA649" xlink:type="arc"/>
<link:label id="lab_us-gaap_SegmentReportingDisclosureTextBlock_E462B141205232E4BC8ACA05B7097110_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentReportingDisclosureTextBlock_E462B141205232E4BC8ACA05B7097110" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Lines of business </link:label>
<link:label id="lab_us-gaap_SegmentReportingDisclosureTextBlock_E462B141205232E4BC8ACA05B7097110_label_en-US" xlink:label="lab_us-gaap_SegmentReportingDisclosureTextBlock_E462B141205232E4BC8ACA05B7097110" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Segment Reporting Disclosure [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SegmentReportingDisclosureTextBlock" xlink:label="loc_us-gaap_SegmentReportingDisclosureTextBlock_E462B141205232E4BC8ACA05B7097110" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentReportingDisclosureTextBlock_E462B141205232E4BC8ACA05B7097110" xlink:to="lab_us-gaap_SegmentReportingDisclosureTextBlock_E462B141205232E4BC8ACA05B7097110" xlink:type="arc"/>
<link:label id="lab_us-gaap_HedgingDesignationAxis_CF15F37A852DB4C045E5CA05B83101DD_terseLabel_en-US" xlink:label="lab_us-gaap_HedgingDesignationAxis_CF15F37A852DB4C045E5CA05B83101DD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Hedging Designation [Axis] </link:label>
<link:label id="lab_us-gaap_HedgingDesignationAxis_CF15F37A852DB4C045E5CA05B83101DD_label_en-US" xlink:label="lab_us-gaap_HedgingDesignationAxis_CF15F37A852DB4C045E5CA05B83101DD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Hedging Designation [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_HedgingDesignationAxis" xlink:label="loc_us-gaap_HedgingDesignationAxis_CF15F37A852DB4C045E5CA05B83101DD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HedgingDesignationAxis_CF15F37A852DB4C045E5CA05B83101DD" xlink:to="lab_us-gaap_HedgingDesignationAxis_CF15F37A852DB4C045E5CA05B83101DD" xlink:type="arc"/>
<link:label id="lab_us-gaap_HedgingDesignationDomain_004F5B22115D5610630FCA05B831F95E_terseLabel_en-US" xlink:label="lab_us-gaap_HedgingDesignationDomain_004F5B22115D5610630FCA05B831F95E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Hedging Designation [Domain] </link:label>
<link:label id="lab_us-gaap_HedgingDesignationDomain_004F5B22115D5610630FCA05B831F95E_label_en-US" xlink:label="lab_us-gaap_HedgingDesignationDomain_004F5B22115D5610630FCA05B831F95E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Hedging Designation [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_HedgingDesignationDomain" xlink:label="loc_us-gaap_HedgingDesignationDomain_004F5B22115D5610630FCA05B831F95E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HedgingDesignationDomain_004F5B22115D5610630FCA05B831F95E" xlink:to="lab_us-gaap_HedgingDesignationDomain_004F5B22115D5610630FCA05B831F95E" xlink:type="arc"/>
<link:label id="lab_us-gaap_NondesignatedMember_AAC41521A4171EEDE2E0CA05B831233D_terseLabel_en-US" xlink:label="lab_us-gaap_NondesignatedMember_AAC41521A4171EEDE2E0CA05B831233D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Not designated as hedging </link:label>
<link:label id="lab_us-gaap_NondesignatedMember_AAC41521A4171EEDE2E0CA05B831233D_label_en-US" xlink:label="lab_us-gaap_NondesignatedMember_AAC41521A4171EEDE2E0CA05B831233D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Not Designated as Hedging Instrument [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NondesignatedMember" xlink:label="loc_us-gaap_NondesignatedMember_AAC41521A4171EEDE2E0CA05B831233D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DesignatedAsHedgingInstrumentMember_EC7B369241F86F876E8DCA05B8315464_terseLabel_en-US" xlink:label="lab_us-gaap_DesignatedAsHedgingInstrumentMember_EC7B369241F86F876E8DCA05B8315464" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Designated as hedging </link:label>
<link:label id="lab_us-gaap_DesignatedAsHedgingInstrumentMember_EC7B369241F86F876E8DCA05B8315464_label_en-US" xlink:label="lab_us-gaap_DesignatedAsHedgingInstrumentMember_EC7B369241F86F876E8DCA05B8315464" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Designated as Hedging Instrument [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DesignatedAsHedgingInstrumentMember" xlink:label="loc_us-gaap_DesignatedAsHedgingInstrumentMember_EC7B369241F86F876E8DCA05B8315464" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TradingAccountAssetsMember_9C3B7CD145753899C0DCCA05B831B662_terseLabel_en-US" xlink:label="lab_us-gaap_TradingAccountAssetsMember_9C3B7CD145753899C0DCCA05B831B662" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total trading assets </link:label>
<link:label id="lab_us-gaap_TradingAccountAssetsMember_9C3B7CD145753899C0DCCA05B831B662_label_en-US" xlink:label="lab_us-gaap_TradingAccountAssetsMember_9C3B7CD145753899C0DCCA05B831B662" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trading Securities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TradingAccountAssetsMember" xlink:label="loc_us-gaap_TradingAccountAssetsMember_9C3B7CD145753899C0DCCA05B831B662" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TradingAccountAssetsMember_9C3B7CD145753899C0DCCA05B831B662" xlink:to="lab_us-gaap_TradingAccountAssetsMember_9C3B7CD145753899C0DCCA05B831B662" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherAssetsMember_959777CDAE24C8FA0210CA05B8318FD9_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsMember_959777CDAE24C8FA0210CA05B8318FD9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total other assets </link:label>
<link:label id="lab_us-gaap_OtherAssetsMember_959777CDAE24C8FA0210CA05B8318FD9_label_en-US" xlink:label="lab_us-gaap_OtherAssetsMember_959777CDAE24C8FA0210CA05B8318FD9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Assets [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="loc_us-gaap_OtherAssetsMember_959777CDAE24C8FA0210CA05B8318FD9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssetsMember_959777CDAE24C8FA0210CA05B8318FD9" xlink:to="lab_us-gaap_OtherAssetsMember_959777CDAE24C8FA0210CA05B8318FD9" xlink:type="arc"/>
<link:label id="lab_bk_OperationsMember_3C5E8D70A1E99C059AACCA05B8326812_terseLabel_en-US" xlink:label="lab_bk_OperationsMember_3C5E8D70A1E99C059AACCA05B8326812" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Operations </link:label>
<link:label id="lab_bk_OperationsMember_3C5E8D70A1E99C059AACCA05B8326812_label_en-US" xlink:label="lab_bk_OperationsMember_3C5E8D70A1E99C059AACCA05B8326812" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operations [Member] </link:label>
<link:label id="lab_bk_OperationsMember_3C5E8D70A1E99C059AACCA05B8326812_documentation_en-US" xlink:label="lab_bk_OperationsMember_3C5E8D70A1E99C059AACCA05B8326812" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Operations </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_OperationsMember" xlink:label="loc_bk_OperationsMember_3C5E8D70A1E99C059AACCA05B8326812" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OperationsMember_3C5E8D70A1E99C059AACCA05B8326812" xlink:to="lab_bk_OperationsMember_3C5E8D70A1E99C059AACCA05B8326812" xlink:type="arc"/>
<link:label id="lab_bk_InvestmentManagementFundsMember_A7E02FE80CCB9F05EEBDCA05B832438E_verboseLabel_en-US" xlink:label="lab_bk_InvestmentManagementFundsMember_A7E02FE80CCB9F05EEBDCA05B832438E" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Investment management funds </link:label>
<link:label id="lab_bk_InvestmentManagementFundsMember_A7E02FE80CCB9F05EEBDCA05B832438E_label_en-US" xlink:label="lab_bk_InvestmentManagementFundsMember_A7E02FE80CCB9F05EEBDCA05B832438E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investment Management Funds [Member] </link:label>
<link:label id="lab_bk_InvestmentManagementFundsMember_A7E02FE80CCB9F05EEBDCA05B832438E_documentation_en-US" xlink:label="lab_bk_InvestmentManagementFundsMember_A7E02FE80CCB9F05EEBDCA05B832438E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Investment Management Funds [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_InvestmentManagementFundsMember" xlink:label="loc_bk_InvestmentManagementFundsMember_A7E02FE80CCB9F05EEBDCA05B832438E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_InvestmentManagementFundsMember_A7E02FE80CCB9F05EEBDCA05B832438E" xlink:to="lab_bk_InvestmentManagementFundsMember_A7E02FE80CCB9F05EEBDCA05B832438E" xlink:type="arc"/>
<link:label id="lab_us-gaap_TradingLiabilitiesMember_8DDFAD43FDCA0D9435ABCA05B832A738_terseLabel_en-US" xlink:label="lab_us-gaap_TradingLiabilitiesMember_8DDFAD43FDCA0D9435ABCA05B832A738" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total trading liabilities </link:label>
<link:label id="lab_us-gaap_TradingLiabilitiesMember_8DDFAD43FDCA0D9435ABCA05B832A738_label_en-US" xlink:label="lab_us-gaap_TradingLiabilitiesMember_8DDFAD43FDCA0D9435ABCA05B832A738" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trading Liabilities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TradingLiabilitiesMember" xlink:label="loc_us-gaap_TradingLiabilitiesMember_8DDFAD43FDCA0D9435ABCA05B832A738" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TradingLiabilitiesMember_8DDFAD43FDCA0D9435ABCA05B832A738" xlink:to="lab_us-gaap_TradingLiabilitiesMember_8DDFAD43FDCA0D9435ABCA05B832A738" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherLiabilitiesMember_A350012ACE6CFF76F553CA05B83293C8_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesMember_A350012ACE6CFF76F553CA05B83293C8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total other liabilities – derivative liabilities designated as hedging </link:label>
<link:label id="lab_us-gaap_OtherLiabilitiesMember_A350012ACE6CFF76F553CA05B83293C8_label_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesMember_A350012ACE6CFF76F553CA05B83293C8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Liabilities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherLiabilitiesMember" xlink:label="loc_us-gaap_OtherLiabilitiesMember_A350012ACE6CFF76F553CA05B83293C8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherLiabilitiesMember_A350012ACE6CFF76F553CA05B83293C8" xlink:to="lab_us-gaap_OtherLiabilitiesMember_A350012ACE6CFF76F553CA05B83293C8" xlink:type="arc"/>
<link:label id="lab_us-gaap_USStatesAndPoliticalSubdivisionsMember_4E07808F7EA7EA587151CA05B83214AC_terseLabel_en-US" xlink:label="lab_us-gaap_USStatesAndPoliticalSubdivisionsMember_4E07808F7EA7EA587151CA05B83214AC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> State and political subdivisions </link:label>
<link:label id="lab_us-gaap_USStatesAndPoliticalSubdivisionsMember_4E07808F7EA7EA587151CA05B83214AC_label_en-US" xlink:label="lab_us-gaap_USStatesAndPoliticalSubdivisionsMember_4E07808F7EA7EA587151CA05B83214AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> US States and Political Subdivisions Debt Securities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_USStatesAndPoliticalSubdivisionsMember" xlink:label="loc_us-gaap_USStatesAndPoliticalSubdivisionsMember_4E07808F7EA7EA587151CA05B83214AC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_USStatesAndPoliticalSubdivisionsMember_4E07808F7EA7EA587151CA05B83214AC" xlink:to="lab_us-gaap_USStatesAndPoliticalSubdivisionsMember_4E07808F7EA7EA587151CA05B83214AC" xlink:type="arc"/>
<link:label id="lab_bk_AgencyCommercialMBSMember_C1C1A901FF9DD081723DCA05B8381259_terseLabel_en-US" xlink:label="lab_bk_AgencyCommercialMBSMember_C1C1A901FF9DD081723DCA05B8381259" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Agency commercial MBS </link:label>
<link:label id="lab_bk_AgencyCommercialMBSMember_C1C1A901FF9DD081723DCA05B8381259_label_en-US" xlink:label="lab_bk_AgencyCommercialMBSMember_C1C1A901FF9DD081723DCA05B8381259" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Agency Commercial MBS [Member] </link:label>
<link:label id="lab_bk_AgencyCommercialMBSMember_C1C1A901FF9DD081723DCA05B8381259_documentation_en-US" xlink:label="lab_bk_AgencyCommercialMBSMember_C1C1A901FF9DD081723DCA05B8381259" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Agency Commercial MBS [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_AgencyCommercialMBSMember" xlink:label="loc_bk_AgencyCommercialMBSMember_C1C1A901FF9DD081723DCA05B8381259" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AgencyCommercialMBSMember_C1C1A901FF9DD081723DCA05B8381259" xlink:to="lab_bk_AgencyCommercialMBSMember_C1C1A901FF9DD081723DCA05B8381259" xlink:type="arc"/>
<link:label id="lab_us-gaap_CollateralizedLoanObligationsMember_CDDABFF702B2EAEBB074CA05B8381FF5_terseLabel_en-US" xlink:label="lab_us-gaap_CollateralizedLoanObligationsMember_CDDABFF702B2EAEBB074CA05B8381FF5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> CLOs </link:label>
<link:label id="lab_us-gaap_CollateralizedLoanObligationsMember_CDDABFF702B2EAEBB074CA05B8381FF5_label_en-US" xlink:label="lab_us-gaap_CollateralizedLoanObligationsMember_CDDABFF702B2EAEBB074CA05B8381FF5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Collateralized Loan Obligations [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CollateralizedLoanObligationsMember" xlink:label="loc_us-gaap_CollateralizedLoanObligationsMember_CDDABFF702B2EAEBB074CA05B8381FF5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CollateralizedLoanObligationsMember_CDDABFF702B2EAEBB074CA05B8381FF5" xlink:to="lab_us-gaap_CollateralizedLoanObligationsMember_CDDABFF702B2EAEBB074CA05B8381FF5" xlink:type="arc"/>
<link:label id="lab_bk_OtherAssetBackedSecuritiesMember_9532F03632D77B1A01BFCA05B8386F05_terseLabel_en-US" xlink:label="lab_bk_OtherAssetBackedSecuritiesMember_9532F03632D77B1A01BFCA05B8386F05" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other asset-backed securities </link:label>
<link:label id="lab_bk_OtherAssetBackedSecuritiesMember_9532F03632D77B1A01BFCA05B8386F05_label_en-US" xlink:label="lab_bk_OtherAssetBackedSecuritiesMember_9532F03632D77B1A01BFCA05B8386F05" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Asset Backed Securities [Member] </link:label>
<link:label id="lab_bk_OtherAssetBackedSecuritiesMember_9532F03632D77B1A01BFCA05B8386F05_documentation_en-US" xlink:label="lab_bk_OtherAssetBackedSecuritiesMember_9532F03632D77B1A01BFCA05B8386F05" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Asset Backed Securities </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_OtherAssetBackedSecuritiesMember" xlink:label="loc_bk_OtherAssetBackedSecuritiesMember_9532F03632D77B1A01BFCA05B8386F05" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OtherAssetBackedSecuritiesMember_9532F03632D77B1A01BFCA05B8386F05" xlink:to="lab_bk_OtherAssetBackedSecuritiesMember_9532F03632D77B1A01BFCA05B8386F05" xlink:type="arc"/>
<link:label id="lab_us-gaap_MoneyMarketFundsMember_C8F339232E85B5D81A4BCA05B83867A0_terseLabel_en-US" xlink:label="lab_us-gaap_MoneyMarketFundsMember_C8F339232E85B5D81A4BCA05B83867A0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Money market funds </link:label>
<link:label id="lab_us-gaap_MoneyMarketFundsMember_C8F339232E85B5D81A4BCA05B83867A0_label_en-US" xlink:label="lab_us-gaap_MoneyMarketFundsMember_C8F339232E85B5D81A4BCA05B83867A0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Money Market Funds [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_MoneyMarketFundsMember" xlink:label="loc_us-gaap_MoneyMarketFundsMember_C8F339232E85B5D81A4BCA05B83867A0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MoneyMarketFundsMember_C8F339232E85B5D81A4BCA05B83867A0" xlink:to="lab_us-gaap_MoneyMarketFundsMember_C8F339232E85B5D81A4BCA05B83867A0" xlink:type="arc"/>
<link:label id="lab_bk_GrantorTrustResidentialMortgageBackedSecuritiesMember_67063ACD3656C46AF39CCA05B838B4B5_terseLabel_en-US" xlink:label="lab_bk_GrantorTrustResidentialMortgageBackedSecuritiesMember_67063ACD3656C46AF39CCA05B838B4B5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Non-agency RMBS </link:label>
<link:label id="lab_bk_GrantorTrustResidentialMortgageBackedSecuritiesMember_67063ACD3656C46AF39CCA05B838B4B5_label_en-US" xlink:label="lab_bk_GrantorTrustResidentialMortgageBackedSecuritiesMember_67063ACD3656C46AF39CCA05B838B4B5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Grantor Trust Residential Mortgage Backed Securities [Member] </link:label>
<link:label id="lab_bk_GrantorTrustResidentialMortgageBackedSecuritiesMember_67063ACD3656C46AF39CCA05B838B4B5_documentation_en-US" xlink:label="lab_bk_GrantorTrustResidentialMortgageBackedSecuritiesMember_67063ACD3656C46AF39CCA05B838B4B5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Grantor Trust Residential Mortgage Backed Securities [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_GrantorTrustResidentialMortgageBackedSecuritiesMember" xlink:label="loc_bk_GrantorTrustResidentialMortgageBackedSecuritiesMember_67063ACD3656C46AF39CCA05B838B4B5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_GrantorTrustResidentialMortgageBackedSecuritiesMember_67063ACD3656C46AF39CCA05B838B4B5" xlink:to="lab_bk_GrantorTrustResidentialMortgageBackedSecuritiesMember_67063ACD3656C46AF39CCA05B838B4B5" xlink:type="arc"/>
<link:label id="lab_bk_DebtAndEquityInstrumentsAssetsFairValueDisclosure_860FBA40E62913F64537CA05B8399CF6_terseLabel_en-US" xlink:label="lab_bk_DebtAndEquityInstrumentsAssetsFairValueDisclosure_860FBA40E62913F64537CA05B8399CF6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt and equity instruments </link:label>
<link:label id="lab_bk_DebtAndEquityInstrumentsAssetsFairValueDisclosure_860FBA40E62913F64537CA05B8399CF6_label_en-US" xlink:label="lab_bk_DebtAndEquityInstrumentsAssetsFairValueDisclosure_860FBA40E62913F64537CA05B8399CF6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt And Equity Instruments Assets Fair Value Disclosure </link:label>
<link:label id="lab_bk_DebtAndEquityInstrumentsAssetsFairValueDisclosure_860FBA40E62913F64537CA05B8399CF6_documentation_en-US" xlink:label="lab_bk_DebtAndEquityInstrumentsAssetsFairValueDisclosure_860FBA40E62913F64537CA05B8399CF6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Debt and Equity Instruments, Assets, Fair Value Disclosure </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_DebtAndEquityInstrumentsAssetsFairValueDisclosure" xlink:label="loc_bk_DebtAndEquityInstrumentsAssetsFairValueDisclosure_860FBA40E62913F64537CA05B8399CF6" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeAssets_043366D32436DD9D23B1CA05B8396632_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssets_043366D32436DD9D23B1CA05B8396632" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeAssets" xlink:label="loc_us-gaap_DerivativeAssets_043366D32436DD9D23B1CA05B8396632" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset_BB5AE881D8E945D4636CCA05B839AC91_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset_BB5AE881D8E945D4636CCA05B839AC91" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Netting </link:label>
<link:label id="lab_us-gaap_DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset_BB5AE881D8E945D4636CCA05B839AC91_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset_BB5AE881D8E945D4636CCA05B839AC91" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset" xlink:label="loc_us-gaap_DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset_BB5AE881D8E945D4636CCA05B839AC91" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TradingSecurities_BDC41E277F18FAE71CBCCA05B8398F75_totalLabel_en-US" xlink:label="lab_us-gaap_TradingSecurities_BDC41E277F18FAE71CBCCA05B8398F75" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Trading assets </link:label>
<link:label id="lab_us-gaap_TradingSecurities_BDC41E277F18FAE71CBCCA05B8398F75_label_en-US" xlink:label="lab_us-gaap_TradingSecurities_BDC41E277F18FAE71CBCCA05B8398F75" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trading Securities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TradingSecurities" xlink:label="loc_us-gaap_TradingSecurities_BDC41E277F18FAE71CBCCA05B8398F75" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherAssetsFairValueDisclosure_8D50D181CA1D4B234996CA05B839DEAE_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsFairValueDisclosure_8D50D181CA1D4B234996CA05B839DEAE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other assets, fair value </link:label>
<link:label id="lab_us-gaap_OtherAssetsFairValueDisclosure_8D50D181CA1D4B234996CA05B839DEAE_label_en-US" xlink:label="lab_us-gaap_OtherAssetsFairValueDisclosure_8D50D181CA1D4B234996CA05B839DEAE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Assets, Fair Value Disclosure </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherAssetsFairValueDisclosure" xlink:label="loc_us-gaap_OtherAssetsFairValueDisclosure_8D50D181CA1D4B234996CA05B839DEAE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssetsFairValueDisclosure_8D50D181CA1D4B234996CA05B839DEAE" xlink:to="lab_us-gaap_OtherAssetsFairValueDisclosure_8D50D181CA1D4B234996CA05B839DEAE" xlink:type="arc"/>
<link:label id="lab_us-gaap_AssetsFairValueDisclosure_85826A94B7601C099B2DCA05B839F421_totalLabel_en-US" xlink:label="lab_us-gaap_AssetsFairValueDisclosure_85826A94B7601C099B2DCA05B839F421" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total assets </link:label>
<link:label id="lab_us-gaap_AssetsFairValueDisclosure_85826A94B7601C099B2DCA05B839F421_label_en-US" xlink:label="lab_us-gaap_AssetsFairValueDisclosure_85826A94B7601C099B2DCA05B839F421" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assets, Fair Value Disclosure </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AssetsFairValueDisclosure" xlink:label="loc_us-gaap_AssetsFairValueDisclosure_85826A94B7601C099B2DCA05B839F421" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsFairValueDisclosure_85826A94B7601C099B2DCA05B839F421" xlink:to="lab_us-gaap_AssetsFairValueDisclosure_85826A94B7601C099B2DCA05B839F421" xlink:type="arc"/>
<link:label id="lab_bk_PercentOfAssetsPriorToNetting_4B03D9E1CF7E2653B634CA05B839CC72_verboseLabel_en-US" xlink:label="lab_bk_PercentOfAssetsPriorToNetting_4B03D9E1CF7E2653B634CA05B839CC72" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Percentage of total assets prior to netting </link:label>
<link:label id="lab_bk_PercentOfAssetsPriorToNetting_4B03D9E1CF7E2653B634CA05B839CC72_label_en-US" xlink:label="lab_bk_PercentOfAssetsPriorToNetting_4B03D9E1CF7E2653B634CA05B839CC72" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Percent Of Assets Prior To Netting </link:label>
<link:label id="lab_bk_PercentOfAssetsPriorToNetting_4B03D9E1CF7E2653B634CA05B839CC72_documentation_en-US" xlink:label="lab_bk_PercentOfAssetsPriorToNetting_4B03D9E1CF7E2653B634CA05B839CC72" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Percent of total carrying value of assets prior to netting. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_PercentOfAssetsPriorToNetting" xlink:label="loc_bk_PercentOfAssetsPriorToNetting_4B03D9E1CF7E2653B634CA05B839CC72" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_PercentOfAssetsPriorToNetting_4B03D9E1CF7E2653B634CA05B839CC72" xlink:to="lab_bk_PercentOfAssetsPriorToNetting_4B03D9E1CF7E2653B634CA05B839CC72" xlink:type="arc"/>
<link:label id="lab_bk_DebtAndEquityInstrumentsLiabilitiesFairValueDisclosure_C6E5C7EA0D28A3836A8DCA05B8396B41_terseLabel_en-US" xlink:label="lab_bk_DebtAndEquityInstrumentsLiabilitiesFairValueDisclosure_C6E5C7EA0D28A3836A8DCA05B8396B41" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt and equity instruments </link:label>
<link:label id="lab_bk_DebtAndEquityInstrumentsLiabilitiesFairValueDisclosure_C6E5C7EA0D28A3836A8DCA05B8396B41_label_en-US" xlink:label="lab_bk_DebtAndEquityInstrumentsLiabilitiesFairValueDisclosure_C6E5C7EA0D28A3836A8DCA05B8396B41" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt And Equity Instruments Liabilities Fair Value Disclosure </link:label>
<link:label id="lab_bk_DebtAndEquityInstrumentsLiabilitiesFairValueDisclosure_C6E5C7EA0D28A3836A8DCA05B8396B41_documentation_en-US" xlink:label="lab_bk_DebtAndEquityInstrumentsLiabilitiesFairValueDisclosure_C6E5C7EA0D28A3836A8DCA05B8396B41" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Debt and Equity Instruments, Liabilities, Fair Value Disclosure </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_DebtAndEquityInstrumentsLiabilitiesFairValueDisclosure" xlink:label="loc_bk_DebtAndEquityInstrumentsLiabilitiesFairValueDisclosure_C6E5C7EA0D28A3836A8DCA05B8396B41" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeLiabilities_AAD920DD1534BF3EB17ECA05B839D1AC_verboseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilities_AAD920DD1534BF3EB17ECA05B839D1AC" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Derivative liabilities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="loc_us-gaap_DerivativeLiabilities_AAD920DD1534BF3EB17ECA05B839D1AC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLiabilities_AAD920DD1534BF3EB17ECA05B839D1AC" xlink:to="lab_us-gaap_DerivativeLiabilities_AAD920DD1534BF3EB17ECA05B839D1AC" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset_2A70BC9B78C62A576CE7CA05B83923B9_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset_2A70BC9B78C62A576CE7CA05B83923B9" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Netting </link:label>
<link:label id="lab_us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset_2A70BC9B78C62A576CE7CA05B83923B9_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset_2A70BC9B78C62A576CE7CA05B83923B9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset" xlink:label="loc_us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset_2A70BC9B78C62A576CE7CA05B83923B9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset_2A70BC9B78C62A576CE7CA05B83923B9" xlink:to="lab_us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset_2A70BC9B78C62A576CE7CA05B83923B9" xlink:type="arc"/>
<link:label id="lab_us-gaap_TradingLiabilitiesFairValueDisclosure_41C6DE5F9646F56F2455CA05B839D11C_terseLabel_en-US" xlink:label="lab_us-gaap_TradingLiabilitiesFairValueDisclosure_41C6DE5F9646F56F2455CA05B839D11C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trading liabilities </link:label>
<link:label id="lab_us-gaap_TradingLiabilitiesFairValueDisclosure_41C6DE5F9646F56F2455CA05B839D11C_label_en-US" xlink:label="lab_us-gaap_TradingLiabilitiesFairValueDisclosure_41C6DE5F9646F56F2455CA05B839D11C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trading Liabilities, Fair Value Disclosure </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TradingLiabilitiesFairValueDisclosure" xlink:label="loc_us-gaap_TradingLiabilitiesFairValueDisclosure_41C6DE5F9646F56F2455CA05B839D11C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TradingLiabilitiesFairValueDisclosure_41C6DE5F9646F56F2455CA05B839D11C" xlink:to="lab_us-gaap_TradingLiabilitiesFairValueDisclosure_41C6DE5F9646F56F2455CA05B839D11C" xlink:type="arc"/>
<link:label id="lab_us-gaap_LongTermDebtFairValue_295091FA71F114391659CA05B839BA89_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtFairValue_295091FA71F114391659CA05B839BA89" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Long-term debt </link:label>
<link:label id="lab_us-gaap_LongTermDebtFairValue_295091FA71F114391659CA05B839BA89_label_en-US" xlink:label="lab_us-gaap_LongTermDebtFairValue_295091FA71F114391659CA05B839BA89" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Fair Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongTermDebtFairValue" xlink:label="loc_us-gaap_LongTermDebtFairValue_295091FA71F114391659CA05B839BA89" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtFairValue_295091FA71F114391659CA05B839BA89" xlink:to="lab_us-gaap_LongTermDebtFairValue_295091FA71F114391659CA05B839BA89" xlink:type="arc"/>
<link:label id="lab_bk_OtherLiabilitiesandDerivativeLiabilitiesFairValueDisclosure_DE11575973A408825915CA05B839714F_totalLabel_en-US" xlink:label="lab_bk_OtherLiabilitiesandDerivativeLiabilitiesFairValueDisclosure_DE11575973A408825915CA05B839714F" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total other liabilities – derivative liabilities designated as hedging </link:label>
<link:label id="lab_bk_OtherLiabilitiesandDerivativeLiabilitiesFairValueDisclosure_DE11575973A408825915CA05B839714F_label_en-US" xlink:label="lab_bk_OtherLiabilitiesandDerivativeLiabilitiesFairValueDisclosure_DE11575973A408825915CA05B839714F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Liabilities and Derivative Liabilities, Fair Value Disclosure </link:label>
<link:label id="lab_bk_OtherLiabilitiesandDerivativeLiabilitiesFairValueDisclosure_DE11575973A408825915CA05B839714F_documentation_en-US" xlink:label="lab_bk_OtherLiabilitiesandDerivativeLiabilitiesFairValueDisclosure_DE11575973A408825915CA05B839714F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Liabilities and Derivative Liabilities, Fair Value Disclosure </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_OtherLiabilitiesandDerivativeLiabilitiesFairValueDisclosure" xlink:label="loc_bk_OtherLiabilitiesandDerivativeLiabilitiesFairValueDisclosure_DE11575973A408825915CA05B839714F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OtherLiabilitiesandDerivativeLiabilitiesFairValueDisclosure_DE11575973A408825915CA05B839714F" xlink:to="lab_bk_OtherLiabilitiesandDerivativeLiabilitiesFairValueDisclosure_DE11575973A408825915CA05B839714F" xlink:type="arc"/>
<link:label id="lab_us-gaap_LiabilitiesFairValueDisclosure_FFF2955F3790B8F0EB90CA05B839E777_totalLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesFairValueDisclosure_FFF2955F3790B8F0EB90CA05B839E777" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Subtotal liabilities </link:label>
<link:label id="lab_us-gaap_LiabilitiesFairValueDisclosure_FFF2955F3790B8F0EB90CA05B839E777_label_en-US" xlink:label="lab_us-gaap_LiabilitiesFairValueDisclosure_FFF2955F3790B8F0EB90CA05B839E777" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financial and Nonfinancial Liabilities, Fair Value Disclosure </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosure" xlink:label="loc_us-gaap_LiabilitiesFairValueDisclosure_FFF2955F3790B8F0EB90CA05B839E777" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesFairValueDisclosure_FFF2955F3790B8F0EB90CA05B839E777" xlink:to="lab_us-gaap_LiabilitiesFairValueDisclosure_FFF2955F3790B8F0EB90CA05B839E777" xlink:type="arc"/>
<link:label id="lab_bk_PercentOfLiabilitiesPriorToNetting_0AAF7584F68BE6881633CA05B839A8E8_terseLabel_en-US" xlink:label="lab_bk_PercentOfLiabilitiesPriorToNetting_0AAF7584F68BE6881633CA05B839A8E8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Percentage of total liabilities prior to netting </link:label>
<link:label id="lab_bk_PercentOfLiabilitiesPriorToNetting_0AAF7584F68BE6881633CA05B839A8E8_label_en-US" xlink:label="lab_bk_PercentOfLiabilitiesPriorToNetting_0AAF7584F68BE6881633CA05B839A8E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Percent Of Liabilities Prior To Netting </link:label>
<link:label id="lab_bk_PercentOfLiabilitiesPriorToNetting_0AAF7584F68BE6881633CA05B839A8E8_documentation_en-US" xlink:label="lab_bk_PercentOfLiabilitiesPriorToNetting_0AAF7584F68BE6881633CA05B839A8E8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Percent of total carrying value of liabilities prior to netting. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_PercentOfLiabilitiesPriorToNetting" xlink:label="loc_bk_PercentOfLiabilitiesPriorToNetting_0AAF7584F68BE6881633CA05B839A8E8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AccountingChangesAndErrorCorrectionsAbstract_9F8ABA992A14EB22194DCA05BB0948EF_label_en-US" xlink:label="lab_us-gaap_AccountingChangesAndErrorCorrectionsAbstract_9F8ABA992A14EB22194DCA05BB0948EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accounting Changes and Error Corrections [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountingChangesAndErrorCorrectionsAbstract" xlink:label="loc_us-gaap_AccountingChangesAndErrorCorrectionsAbstract_9F8ABA992A14EB22194DCA05BB0948EF" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_AEF5FEB101206FE20CDFCA05BB090E2A_terseLabel_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_AEF5FEB101206FE20CDFCA05BB090E2A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> New Accounting Pronouncements or Change in Accounting Principle [Table] </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable" xlink:label="loc_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_AEF5FEB101206FE20CDFCA05BB090E2A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AccountingStandardsUpdate201609Member_E608950E9195C2F4DF6DCA05BB097490_terseLabel_en-US" xlink:label="lab_us-gaap_AccountingStandardsUpdate201609Member_E608950E9195C2F4DF6DCA05BB097490" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> ASU 2016-09 </link:label>
<link:label id="lab_us-gaap_AccountingStandardsUpdate201609Member_E608950E9195C2F4DF6DCA05BB097490_label_en-US" xlink:label="lab_us-gaap_AccountingStandardsUpdate201609Member_E608950E9195C2F4DF6DCA05BB097490" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accounting Standards Update 2016-09 [Member] </link:label>
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<link:label id="lab_us-gaap_GoodwillRollForward_68334CD3113D543C47ABCA05BA7EBD8A_label_en-US" xlink:label="lab_us-gaap_GoodwillRollForward_68334CD3113D543C47ABCA05BA7EBD8A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill [Roll Forward] </link:label>
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<link:label id="lab_us-gaap_Goodwill_75CB558C6ECA83844FD0CA05BA7E8E7C_periodStartLabel_en-US" xlink:label="lab_us-gaap_Goodwill_75CB558C6ECA83844FD0CA05BA7E8E7C" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Beginning balance </link:label>
<link:label id="lab_us-gaap_Goodwill_75CB558C6ECA83844FD0CA05BA7E8E7C_label_en-US" xlink:label="lab_us-gaap_Goodwill_75CB558C6ECA83844FD0CA05BA7E8E7C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill </link:label>
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<link:label id="lab_bk_GoodwillAcquiredorDisposedofDuringPeriod_0FFCE5D364CA70CB91DBCA05BA7E5119_terseLabel_en-US" xlink:label="lab_bk_GoodwillAcquiredorDisposedofDuringPeriod_0FFCE5D364CA70CB91DBCA05BA7E5119" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Acquisition (dispositions) </link:label>
<link:label id="lab_bk_GoodwillAcquiredorDisposedofDuringPeriod_0FFCE5D364CA70CB91DBCA05BA7E5119_label_en-US" xlink:label="lab_bk_GoodwillAcquiredorDisposedofDuringPeriod_0FFCE5D364CA70CB91DBCA05BA7E5119" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill Acquired or Disposed of During Period </link:label>
<link:label id="lab_bk_GoodwillAcquiredorDisposedofDuringPeriod_0FFCE5D364CA70CB91DBCA05BA7E5119_documentation_en-US" xlink:label="lab_bk_GoodwillAcquiredorDisposedofDuringPeriod_0FFCE5D364CA70CB91DBCA05BA7E5119" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Goodwill Acquired or Disposed of During Period </link:label>
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<link:label id="lab_us-gaap_GoodwillForeignCurrencyTranslationGainLoss_59E5CD2B374D18E46260CA05BA7E0B9D_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillForeignCurrencyTranslationGainLoss_59E5CD2B374D18E46260CA05BA7E0B9D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign currency translation </link:label>
<link:label id="lab_us-gaap_GoodwillForeignCurrencyTranslationGainLoss_59E5CD2B374D18E46260CA05BA7E0B9D_label_en-US" xlink:label="lab_us-gaap_GoodwillForeignCurrencyTranslationGainLoss_59E5CD2B374D18E46260CA05BA7E0B9D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill, Foreign Currency Translation Gain (Loss) </link:label>
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<link:label id="lab_us-gaap_GoodwillOtherIncreaseDecrease_BF579CA6FE40C8EBA1D7CA05BA7E1F06_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillOtherIncreaseDecrease_BF579CA6FE40C8EBA1D7CA05BA7E1F06" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other </link:label>
<link:label id="lab_us-gaap_GoodwillOtherIncreaseDecrease_BF579CA6FE40C8EBA1D7CA05BA7E1F06_label_en-US" xlink:label="lab_us-gaap_GoodwillOtherIncreaseDecrease_BF579CA6FE40C8EBA1D7CA05BA7E1F06" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill, Other Increase (Decrease) </link:label>
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<link:label id="lab_us-gaap_Goodwill_337196AFE044E6543547CA05BA7E92BE_periodEndLabel_en-US" xlink:label="lab_us-gaap_Goodwill_337196AFE044E6543547CA05BA7E92BE" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Ending balance </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Goodwill" xlink:label="loc_us-gaap_Goodwill_337196AFE044E6543547CA05BA7E92BE" xlink:type="locator"/>
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<link:label id="lab_us-gaap_GoodwillAndIntangibleAssetImpairmentAbstract_B2D816CAAA776AF8DDE7CA05BA7FAB09_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillAndIntangibleAssetImpairmentAbstract_B2D816CAAA776AF8DDE7CA05BA7FAB09" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Impairment testing </link:label>
<link:label id="lab_us-gaap_GoodwillAndIntangibleAssetImpairmentAbstract_B2D816CAAA776AF8DDE7CA05BA7FAB09_label_en-US" xlink:label="lab_us-gaap_GoodwillAndIntangibleAssetImpairmentAbstract_B2D816CAAA776AF8DDE7CA05BA7FAB09" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill and Intangible Asset Impairment [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GoodwillAndIntangibleAssetImpairmentAbstract" xlink:label="loc_us-gaap_GoodwillAndIntangibleAssetImpairmentAbstract_B2D816CAAA776AF8DDE7CA05BA7FAB09" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NumberOfReportableSegments_6D763DBC50EE188D2005CA05BA7FD374_terseLabel_en-US" xlink:label="lab_us-gaap_NumberOfReportableSegments_6D763DBC50EE188D2005CA05BA7FD374" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Number of reportable segments </link:label>
<link:label id="lab_us-gaap_NumberOfReportableSegments_6D763DBC50EE188D2005CA05BA7FD374_label_en-US" xlink:label="lab_us-gaap_NumberOfReportableSegments_6D763DBC50EE188D2005CA05BA7FD374" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Number of Reportable Segments </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NumberOfReportableSegments" xlink:label="loc_us-gaap_NumberOfReportableSegments_6D763DBC50EE188D2005CA05BA7FD374" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NumberOfReportingUnits_348CD8E12C6DAA15CD6ACA05BA7F39AB_label_en-US" xlink:label="lab_us-gaap_NumberOfReportingUnits_348CD8E12C6DAA15CD6ACA05BA7F39AB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Number of Reporting Units </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NumberOfReportingUnits" xlink:label="loc_us-gaap_NumberOfReportingUnits_348CD8E12C6DAA15CD6ACA05BA7F39AB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_GoodwillImpairmentLoss_7EAC03C847E04FD2DA92CA05BA7F29D8_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillImpairmentLoss_7EAC03C847E04FD2DA92CA05BA7F29D8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill impairment recognized </link:label>
<link:label id="lab_us-gaap_GoodwillImpairmentLoss_7EAC03C847E04FD2DA92CA05BA7F29D8_label_en-US" xlink:label="lab_us-gaap_GoodwillImpairmentLoss_7EAC03C847E04FD2DA92CA05BA7F29D8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill, Impairment Loss </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GoodwillImpairmentLoss" xlink:label="loc_us-gaap_GoodwillImpairmentLoss_7EAC03C847E04FD2DA92CA05BA7F29D8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueOptionTextBlock_6871F929183EACBE71F8CA05B762C451_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueOptionTextBlock_6871F929183EACBE71F8CA05B762C451" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair value option </link:label>
<link:label id="lab_us-gaap_FairValueOptionTextBlock_6871F929183EACBE71F8CA05B762C451_label_en-US" xlink:label="lab_us-gaap_FairValueOptionTextBlock_6871F929183EACBE71F8CA05B762C451" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Option [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueOptionTextBlock" xlink:label="loc_us-gaap_FairValueOptionTextBlock_6871F929183EACBE71F8CA05B762C451" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_23CBEAF55D0B7F9638AFCA05B7452A45_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_23CBEAF55D0B7F9638AFCA05B7452A45" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative instruments </link:label>
<link:label id="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_23CBEAF55D0B7F9638AFCA05B7452A45_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_23CBEAF55D0B7F9638AFCA05B7452A45" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Instruments and Hedging Activities Disclosure [Text Block] </link:label>
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<link:label id="lab_bk_ScheduleOfPreferredStockTableTableTextBlock_CF12D87E26777C94DA6ECA05BA113D60_terseLabel_en-US" xlink:label="lab_bk_ScheduleOfPreferredStockTableTableTextBlock_CF12D87E26777C94DA6ECA05BA113D60" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred Stock Summary </link:label>
<link:label id="lab_bk_ScheduleOfPreferredStockTableTableTextBlock_CF12D87E26777C94DA6ECA05BA113D60_label_en-US" xlink:label="lab_bk_ScheduleOfPreferredStockTableTableTextBlock_CF12D87E26777C94DA6ECA05BA113D60" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule Of Preferred Stock Table [Table Text Block] </link:label>
<link:label id="lab_bk_ScheduleOfPreferredStockTableTableTextBlock_CF12D87E26777C94DA6ECA05BA113D60_documentation_en-US" xlink:label="lab_bk_ScheduleOfPreferredStockTableTableTextBlock_CF12D87E26777C94DA6ECA05BA113D60" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Schedule Of Preferred Stock Table </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ScheduleOfPreferredStockTableTableTextBlock" xlink:label="loc_bk_ScheduleOfPreferredStockTableTableTextBlock_CF12D87E26777C94DA6ECA05BA113D60" xlink:type="locator"/>
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<link:label id="lab_bk_ScheduleOfRegulatoryCapitalRatiosTableTextBlock_C9205DD632BF385C2402CA05BA1134C5_terseLabel_en-US" xlink:label="lab_bk_ScheduleOfRegulatoryCapitalRatiosTableTextBlock_C9205DD632BF385C2402CA05BA1134C5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule Of Regulatory Capital Ratios </link:label>
<link:label id="lab_bk_ScheduleOfRegulatoryCapitalRatiosTableTextBlock_C9205DD632BF385C2402CA05BA1134C5_label_en-US" xlink:label="lab_bk_ScheduleOfRegulatoryCapitalRatiosTableTextBlock_C9205DD632BF385C2402CA05BA1134C5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule Of Regulatory Capital Ratios [Table Text Block] </link:label>
<link:label id="lab_bk_ScheduleOfRegulatoryCapitalRatiosTableTextBlock_C9205DD632BF385C2402CA05BA1134C5_documentation_en-US" xlink:label="lab_bk_ScheduleOfRegulatoryCapitalRatiosTableTextBlock_C9205DD632BF385C2402CA05BA1134C5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Schedule of Regulatory Capital Ratios </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ScheduleOfRegulatoryCapitalRatiosTableTextBlock" xlink:label="loc_bk_ScheduleOfRegulatoryCapitalRatiosTableTextBlock_C9205DD632BF385C2402CA05BA1134C5" xlink:type="locator"/>
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<link:label id="lab_bk_ComponentsoftransitionalBaselIIIcapitalTableTextBlock_C37E923643180FE9F0DACA05BA11C919_terseLabel_en-US" xlink:label="lab_bk_ComponentsoftransitionalBaselIIIcapitalTableTextBlock_C37E923643180FE9F0DACA05BA11C919" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Components of transitional Basel III capital </link:label>
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<link:label id="lab_bk_OtherBondsNotesAndDebenturesMember_B3D6EF0A83E167B6C670CA05BADAFC88_terseLabel_en-US" xlink:label="lab_bk_OtherBondsNotesAndDebenturesMember_B3D6EF0A83E167B6C670CA05BADAFC88" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other bonds, notes and debentures </link:label>
<link:label id="lab_bk_OtherBondsNotesAndDebenturesMember_B3D6EF0A83E167B6C670CA05BADAFC88_label_en-US" xlink:label="lab_bk_OtherBondsNotesAndDebenturesMember_B3D6EF0A83E167B6C670CA05BADAFC88" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Bonds Notes And Debentures [Member] </link:label>
<link:label id="lab_bk_OtherBondsNotesAndDebenturesMember_B3D6EF0A83E167B6C670CA05BADAFC88_documentation_en-US" xlink:label="lab_bk_OtherBondsNotesAndDebenturesMember_B3D6EF0A83E167B6C670CA05BADAFC88" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other bonds, Notes and Debentures [Member] </link:label>
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<link:label id="lab_bk_MortgageAssetBackedAndEquitySecuritiesMember_1984B1FC57CBAADFE5ADCA05BADAE82E_terseLabel_en-US" xlink:label="lab_bk_MortgageAssetBackedAndEquitySecuritiesMember_1984B1FC57CBAADFE5ADCA05BADAE82E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Mortgage/ asset-backed and equity securities </link:label>
<link:label id="lab_bk_MortgageAssetBackedAndEquitySecuritiesMember_1984B1FC57CBAADFE5ADCA05BADAE82E_label_en-US" xlink:label="lab_bk_MortgageAssetBackedAndEquitySecuritiesMember_1984B1FC57CBAADFE5ADCA05BADAE82E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Mortgage Asset Backed And Equity Securities [Member] </link:label>
<link:label id="lab_bk_MortgageAssetBackedAndEquitySecuritiesMember_1984B1FC57CBAADFE5ADCA05BADAE82E_documentation_en-US" xlink:label="lab_bk_MortgageAssetBackedAndEquitySecuritiesMember_1984B1FC57CBAADFE5ADCA05BADAE82E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Mortgage/Asset-Backed and Equity Securities [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_MortgageAssetBackedAndEquitySecuritiesMember" xlink:label="loc_bk_MortgageAssetBackedAndEquitySecuritiesMember_1984B1FC57CBAADFE5ADCA05BADAE82E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InvestmentSecondaryCategorizationAxis_FB2F924587B492761A2BCA05BADA0FB2_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentSecondaryCategorizationAxis_FB2F924587B492761A2BCA05BADA0FB2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investment Secondary Categorization [Axis] </link:label>
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<link:label id="lab_us-gaap_InvestmentsBySecondaryCategorizationDomain_41FE4E47F36DB7ADA398CA05BADA5C60_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentsBySecondaryCategorizationDomain_41FE4E47F36DB7ADA398CA05BADA5C60" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investments by Secondary Categorization [Domain] </link:label>
<link:label id="lab_us-gaap_InvestmentsBySecondaryCategorizationDomain_41FE4E47F36DB7ADA398CA05BADA5C60_label_en-US" xlink:label="lab_us-gaap_InvestmentsBySecondaryCategorizationDomain_41FE4E47F36DB7ADA398CA05BADA5C60" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investments by Secondary Categorization [Domain] </link:label>
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<link:label id="lab_us-gaap_MortgageBackedSecuritiesMember_D59E6F560F8006F813DECA05BADB884D_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageBackedSecuritiesMember_D59E6F560F8006F813DECA05BADB884D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Mortgage-backed securities </link:label>
<link:label id="lab_us-gaap_MortgageBackedSecuritiesMember_D59E6F560F8006F813DECA05BADB884D_label_en-US" xlink:label="lab_us-gaap_MortgageBackedSecuritiesMember_D59E6F560F8006F813DECA05BADB884D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Collateralized Mortgage Backed Securities [Member] </link:label>
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<link:label id="lab_us-gaap_AssetBackedSecuritiesMember_D4F04C64797FB10DCD00CA05BADB8294_terseLabel_en-US" xlink:label="lab_us-gaap_AssetBackedSecuritiesMember_D4F04C64797FB10DCD00CA05BADB8294" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Asset-backed securities </link:label>
<link:label id="lab_us-gaap_AssetBackedSecuritiesMember_D4F04C64797FB10DCD00CA05BADB8294_label_en-US" xlink:label="lab_us-gaap_AssetBackedSecuritiesMember_D4F04C64797FB10DCD00CA05BADB8294" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Asset-backed Securities [Member] </link:label>
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<link:label id="lab_bk_ScheduleOfAvailableForSaleAndHeldToMaturitySecuritiesLineItems_474AF207B92BCF0AB43FCA05BADB0A60_terseLabel_en-US" xlink:label="lab_bk_ScheduleOfAvailableForSaleAndHeldToMaturitySecuritiesLineItems_474AF207B92BCF0AB43FCA05BADB0A60" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Available-for-Sale and Held-to-Maturity Securities [Line Items] </link:label>
<link:label id="lab_bk_ScheduleOfAvailableForSaleAndHeldToMaturitySecuritiesLineItems_474AF207B92BCF0AB43FCA05BADB0A60_label_en-US" xlink:label="lab_bk_ScheduleOfAvailableForSaleAndHeldToMaturitySecuritiesLineItems_474AF207B92BCF0AB43FCA05BADB0A60" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Available-for-sale and Held-to-maturity Securities [Line Items] </link:label>
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<link:loc xlink:href="bk-20171231.xsd#bk_ScheduleOfAvailableForSaleAndHeldToMaturitySecuritiesLineItems" xlink:label="loc_bk_ScheduleOfAvailableForSaleAndHeldToMaturitySecuritiesLineItems_474AF207B92BCF0AB43FCA05BADB0A60" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesFairValueAbstract_B0ACB42286E34AD5355DCA05BADB5E4D_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesFairValueAbstract_B0ACB42286E34AD5355DCA05BADB5E4D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities available-for-sale: </link:label>
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<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_23EA20AD0DB31A6FCFF4CA05BADB96D9" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_23EA20AD0DB31A6FCFF4CA05BADB96D9" xlink:type="arc"/>
<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_F49DBFC50BCF3738D232CA05BADB97C6_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_F49DBFC50BCF3738D232CA05BADB97C6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Over 10 years </link:label>
<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_F49DBFC50BCF3738D232CA05BADB97C6_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_F49DBFC50BCF3738D232CA05BADB97C6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Debt Maturities, after Ten Years, Fair Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_F49DBFC50BCF3738D232CA05BADB97C6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_F49DBFC50BCF3738D232CA05BADB97C6" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_F49DBFC50BCF3738D232CA05BADB97C6" xlink:type="arc"/>
<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_7CD140EA0D46212B7B55CA05BADB4DF3_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_7CD140EA0D46212B7B55CA05BADB4DF3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Without single maturity date </link:label>
<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_7CD140EA0D46212B7B55CA05BADB4DF3_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_7CD140EA0D46212B7B55CA05BADB4DF3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Debt Maturities, without Single Maturity Date, Fair Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_7CD140EA0D46212B7B55CA05BADB4DF3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_7CD140EA0D46212B7B55CA05BADB4DF3" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_7CD140EA0D46212B7B55CA05BADB4DF3" xlink:type="arc"/>
<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtSecurities_70BBA1AD56D56A3AD3D3CA05BADB67D6_totalLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtSecurities_70BBA1AD56D56A3AD3D3CA05BADB67D6" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total </link:label>
<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtSecurities_70BBA1AD56D56A3AD3D3CA05BADB67D6_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtSecurities_70BBA1AD56D56A3AD3D3CA05BADB67D6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Debt Securities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtSecurities_70BBA1AD56D56A3AD3D3CA05BADB67D6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesDebtSecurities_70BBA1AD56D56A3AD3D3CA05BADB67D6" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesDebtSecurities_70BBA1AD56D56A3AD3D3CA05BADB67D6" xlink:type="arc"/>
<link:label id="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAverageYieldAbstract_B291F53E64E49083C771CA05BADB84AE_terseLabel_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAverageYieldAbstract_B291F53E64E49083C771CA05BADB84AE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities available-for-sale (Yield): </link:label>
<link:label id="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAverageYieldAbstract_B291F53E64E49083C771CA05BADB84AE_label_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAverageYieldAbstract_B291F53E64E49083C771CA05BADB84AE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available For Sale Securities Debt Maturities Average Yield [Abstract] </link:label>
<link:label id="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAverageYieldAbstract_B291F53E64E49083C771CA05BADB84AE_documentation_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAverageYieldAbstract_B291F53E64E49083C771CA05BADB84AE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Available for sale Securities, Debt Maturities, Average Yield [Abstract] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_AvailableForSaleSecuritiesDebtMaturitiesAverageYieldAbstract" xlink:label="loc_bk_AvailableForSaleSecuritiesDebtMaturitiesAverageYieldAbstract_B291F53E64E49083C771CA05BADB84AE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AvailableForSaleSecuritiesDebtMaturitiesAverageYieldAbstract_B291F53E64E49083C771CA05BADB84AE" xlink:to="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAverageYieldAbstract_B291F53E64E49083C771CA05BADB84AE" xlink:type="arc"/>
<link:label id="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAverageYield_4F939F5D6B484F55E2AECA05BADB8C0D_terseLabel_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAverageYield_4F939F5D6B484F55E2AECA05BADB8C0D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> One year or less </link:label>
<link:label id="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAverageYield_4F939F5D6B484F55E2AECA05BADB8C0D_label_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAverageYield_4F939F5D6B484F55E2AECA05BADB8C0D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available For Sale Securities Debt Maturities Within One Year Average Yield </link:label>
<link:label id="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAverageYield_4F939F5D6B484F55E2AECA05BADB8C0D_documentation_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAverageYield_4F939F5D6B484F55E2AECA05BADB8C0D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Available for sale Securities, Debt Maturities, Within One Year, Average Yield </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAverageYield" xlink:label="loc_bk_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAverageYield_4F939F5D6B484F55E2AECA05BADB8C0D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAverageYield_4F939F5D6B484F55E2AECA05BADB8C0D" xlink:to="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAverageYield_4F939F5D6B484F55E2AECA05BADB8C0D" xlink:type="arc"/>
<link:label id="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_980358A2E48E7DCE7103CA05BADBD346_terseLabel_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_980358A2E48E7DCE7103CA05BADBD346" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Over 1 through 5 years </link:label>
<link:label id="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_980358A2E48E7DCE7103CA05BADBD346_label_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_980358A2E48E7DCE7103CA05BADBD346" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available For Sale Securities Debt Maturities After One Through Five Years Average Yield </link:label>
<link:label id="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_980358A2E48E7DCE7103CA05BADBD346_documentation_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_980358A2E48E7DCE7103CA05BADBD346" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Available for sale Securities, Debt Maturities, After One Through Five Years, Average Yield </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield" xlink:label="loc_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_980358A2E48E7DCE7103CA05BADBD346" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_980358A2E48E7DCE7103CA05BADBD346" xlink:to="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_980358A2E48E7DCE7103CA05BADBD346" xlink:type="arc"/>
<link:label id="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield_A5785364E111679FACA5CA05BADB67C1_terseLabel_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield_A5785364E111679FACA5CA05BADB67C1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Over 5 through 10 years </link:label>
<link:label id="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield_A5785364E111679FACA5CA05BADB67C1_label_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield_A5785364E111679FACA5CA05BADB67C1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available For Sale Securities Debt Maturities After Five Through Ten Years Average Yield </link:label>
<link:label id="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield_A5785364E111679FACA5CA05BADB67C1_documentation_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield_A5785364E111679FACA5CA05BADB67C1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Available for sale Securities, Debt Maturities, After Five Through Ten Years, Average Yield </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield" xlink:label="loc_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield_A5785364E111679FACA5CA05BADB67C1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield_A5785364E111679FACA5CA05BADB67C1" xlink:to="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield_A5785364E111679FACA5CA05BADB67C1" xlink:type="arc"/>
<link:label id="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAverageYield_62DBB4683F5370DA9D30CA05BADB850A_terseLabel_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAverageYield_62DBB4683F5370DA9D30CA05BADB850A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Over 10 years </link:label>
<link:label id="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAverageYield_62DBB4683F5370DA9D30CA05BADB850A_label_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAverageYield_62DBB4683F5370DA9D30CA05BADB850A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available For Sale Securities Debt Maturities After Ten Years Average Yield </link:label>
<link:label id="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAverageYield_62DBB4683F5370DA9D30CA05BADB850A_documentation_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAverageYield_62DBB4683F5370DA9D30CA05BADB850A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Available for sale Securities, Debt Maturities, After Ten Years, Average Yield </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAverageYield" xlink:label="loc_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAverageYield_62DBB4683F5370DA9D30CA05BADB850A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAverageYield_62DBB4683F5370DA9D30CA05BADB850A" xlink:to="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAverageYield_62DBB4683F5370DA9D30CA05BADB850A" xlink:type="arc"/>
<link:label id="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield_0BBBD57BA1EDCC9C25ACCA05BADBC589_terseLabel_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield_0BBBD57BA1EDCC9C25ACCA05BADBC589" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Without single maturity date </link:label>
<link:label id="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield_0BBBD57BA1EDCC9C25ACCA05BADBC589_label_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield_0BBBD57BA1EDCC9C25ACCA05BADBC589" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available For Sale Securities Debt Maturities Without Single Maturity Date Average Yield </link:label>
<link:label id="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield_0BBBD57BA1EDCC9C25ACCA05BADBC589_documentation_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield_0BBBD57BA1EDCC9C25ACCA05BADBC589" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Available for sale Securities, Debt Maturities, Without Single Maturity Date, Average Yield </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield" xlink:label="loc_bk_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield_0BBBD57BA1EDCC9C25ACCA05BADBC589" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield_0BBBD57BA1EDCC9C25ACCA05BADBC589" xlink:to="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield_0BBBD57BA1EDCC9C25ACCA05BADBC589" xlink:type="arc"/>
<link:label id="lab_bk_AvailableForSaleSecuritiesWeightedAverageYield_91ED18B1F80CB792AEC3CA05BADC5175_terseLabel_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesWeightedAverageYield_91ED18B1F80CB792AEC3CA05BADC5175" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total </link:label>
<link:label id="lab_bk_AvailableForSaleSecuritiesWeightedAverageYield_91ED18B1F80CB792AEC3CA05BADC5175_label_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesWeightedAverageYield_91ED18B1F80CB792AEC3CA05BADC5175" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available For Sale Securities Weighted Average Yield </link:label>
<link:label id="lab_bk_AvailableForSaleSecuritiesWeightedAverageYield_91ED18B1F80CB792AEC3CA05BADC5175_documentation_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesWeightedAverageYield_91ED18B1F80CB792AEC3CA05BADC5175" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Available for sale Securities, Weighted Average Yield </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_AvailableForSaleSecuritiesWeightedAverageYield" xlink:label="loc_bk_AvailableForSaleSecuritiesWeightedAverageYield_91ED18B1F80CB792AEC3CA05BADC5175" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AvailableForSaleSecuritiesWeightedAverageYield_91ED18B1F80CB792AEC3CA05BADC5175" xlink:to="lab_bk_AvailableForSaleSecuritiesWeightedAverageYield_91ED18B1F80CB792AEC3CA05BADC5175" xlink:type="arc"/>
<link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNetCarryingAmountAbstract_1C2819B484CE250B6F47CA05BADC93AD_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNetCarryingAmountAbstract_1C2819B484CE250B6F47CA05BADC93AD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities held-to-maturity: </link:label>
<link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNetCarryingAmountAbstract_1C2819B484CE250B6F47CA05BADC93AD_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNetCarryingAmountAbstract_1C2819B484CE250B6F47CA05BADC93AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Held-to-maturity Securities, Debt Maturities, Net Carrying Amount [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNetCarryingAmountAbstract" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNetCarryingAmountAbstract_1C2819B484CE250B6F47CA05BADC93AD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNetCarryingAmountAbstract_1C2819B484CE250B6F47CA05BADC93AD" xlink:to="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNetCarryingAmountAbstract_1C2819B484CE250B6F47CA05BADC93AD" xlink:type="arc"/>
<link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_0F4B264DE62B1714311DCA05BADCB6D6_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_0F4B264DE62B1714311DCA05BADCB6D6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> One year or less </link:label>
<link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_0F4B264DE62B1714311DCA05BADCB6D6_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_0F4B264DE62B1714311DCA05BADCB6D6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Held-to-maturity Securities, Debt Maturities, within One Year, Net Carrying Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_0F4B264DE62B1714311DCA05BADCB6D6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_0F4B264DE62B1714311DCA05BADCB6D6" xlink:to="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_0F4B264DE62B1714311DCA05BADCB6D6" xlink:type="arc"/>
<link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_25D2FB59A1EC2721882ACA05BADC9B7E_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_25D2FB59A1EC2721882ACA05BADC9B7E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Over 1 through 5 years </link:label>
<link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_25D2FB59A1EC2721882ACA05BADC9B7E_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_25D2FB59A1EC2721882ACA05BADC9B7E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Held-to-maturity Securities, Debt Maturities, after One Through Five Years, Net Carrying Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_25D2FB59A1EC2721882ACA05BADC9B7E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_25D2FB59A1EC2721882ACA05BADC9B7E" xlink:to="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_25D2FB59A1EC2721882ACA05BADC9B7E" xlink:type="arc"/>
<link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_2195CCF61A052CD615E7CA05BADC170B_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_2195CCF61A052CD615E7CA05BADC170B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Over 5 through 10 years </link:label>
<link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_2195CCF61A052CD615E7CA05BADC170B_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_2195CCF61A052CD615E7CA05BADC170B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Held-to-maturity Securities, Debt Maturities, after Five Through Ten Years, Net Carrying Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_2195CCF61A052CD615E7CA05BADC170B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_2195CCF61A052CD615E7CA05BADC170B" xlink:to="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_2195CCF61A052CD615E7CA05BADC170B" xlink:type="arc"/>
<link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount_6C09D4694854EB4F164DCA05BADC7279_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount_6C09D4694854EB4F164DCA05BADC7279" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Over 10 years </link:label>
<link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount_6C09D4694854EB4F164DCA05BADC7279_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount_6C09D4694854EB4F164DCA05BADC7279" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Held-to-maturity Securities, Debt Maturities, after Ten Years, Net Carrying Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount_6C09D4694854EB4F164DCA05BADC7279" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount_6C09D4694854EB4F164DCA05BADC7279" xlink:to="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount_6C09D4694854EB4F164DCA05BADC7279" xlink:type="arc"/>
<link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_9014B4B24ECA1FA9E4B4CA05BADC7F1E_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_9014B4B24ECA1FA9E4B4CA05BADC7F1E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Mortgage-backed securities </link:label>
<link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_9014B4B24ECA1FA9E4B4CA05BADC7F1E_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_9014B4B24ECA1FA9E4B4CA05BADC7F1E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Held-to-maturity Securities, Debt Maturities, without Single Maturity Date, Net Carrying Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_9014B4B24ECA1FA9E4B4CA05BADC7F1E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_9014B4B24ECA1FA9E4B4CA05BADC7F1E" xlink:to="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_9014B4B24ECA1FA9E4B4CA05BADC7F1E" xlink:type="arc"/>
<link:label id="lab_us-gaap_HeldToMaturitySecurities_F8EEE0840CA2BCE38E5FCA05BADC11D3_totalLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecurities_F8EEE0840CA2BCE38E5FCA05BADC11D3" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total </link:label>
<link:label id="lab_us-gaap_HeldToMaturitySecurities_F8EEE0840CA2BCE38E5FCA05BADC11D3_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecurities_F8EEE0840CA2BCE38E5FCA05BADC11D3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Held-to-maturity Securities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="loc_us-gaap_HeldToMaturitySecurities_F8EEE0840CA2BCE38E5FCA05BADC11D3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HeldToMaturitySecurities_F8EEE0840CA2BCE38E5FCA05BADC11D3" xlink:to="lab_us-gaap_HeldToMaturitySecurities_F8EEE0840CA2BCE38E5FCA05BADC11D3" xlink:type="arc"/>
<link:label id="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAverageYieldAbstract_D624A89CD74913369403CA05BADCE2D2_terseLabel_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAverageYieldAbstract_D624A89CD74913369403CA05BADCE2D2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities held-to-maturity (Yield): </link:label>
<link:label id="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAverageYieldAbstract_D624A89CD74913369403CA05BADCE2D2_label_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAverageYieldAbstract_D624A89CD74913369403CA05BADCE2D2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Held To Maturity Securities Debt Maturities Average Yield [Abstract] </link:label>
<link:label id="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAverageYieldAbstract_D624A89CD74913369403CA05BADCE2D2_documentation_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAverageYieldAbstract_D624A89CD74913369403CA05BADCE2D2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Held to maturity Securities, Debt Maturities, Average Yield [Abstract] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_HeldToMaturitySecuritiesDebtMaturitiesAverageYieldAbstract" xlink:label="loc_bk_HeldToMaturitySecuritiesDebtMaturitiesAverageYieldAbstract_D624A89CD74913369403CA05BADCE2D2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_HeldToMaturitySecuritiesDebtMaturitiesAverageYieldAbstract_D624A89CD74913369403CA05BADCE2D2" xlink:to="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAverageYieldAbstract_D624A89CD74913369403CA05BADCE2D2" xlink:type="arc"/>
<link:label id="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearAverageYield_84D2F2E744A4B4932F18CA05BADC1A05_terseLabel_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearAverageYield_84D2F2E744A4B4932F18CA05BADC1A05" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> One year or less </link:label>
<link:label id="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearAverageYield_84D2F2E744A4B4932F18CA05BADC1A05_label_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearAverageYield_84D2F2E744A4B4932F18CA05BADC1A05" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Held To Maturity Securities Debt Maturities Within One Year Average Yield </link:label>
<link:label id="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearAverageYield_84D2F2E744A4B4932F18CA05BADC1A05_documentation_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearAverageYield_84D2F2E744A4B4932F18CA05BADC1A05" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Held to maturity Securities, Debt Maturities, Within One Year, Average Yield </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearAverageYield" xlink:label="loc_bk_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearAverageYield_84D2F2E744A4B4932F18CA05BADC1A05" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearAverageYield_84D2F2E744A4B4932F18CA05BADC1A05" xlink:to="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearAverageYield_84D2F2E744A4B4932F18CA05BADC1A05" xlink:type="arc"/>
<link:label id="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_31FDF30C7CE71465A243CA05BADC0904_terseLabel_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_31FDF30C7CE71465A243CA05BADC0904" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Over 1 through 5 years </link:label>
<link:label id="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_31FDF30C7CE71465A243CA05BADC0904_label_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_31FDF30C7CE71465A243CA05BADC0904" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Held To Maturity Securities Debt Maturities After One Through Five Years Average Yield </link:label>
<link:label id="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_31FDF30C7CE71465A243CA05BADC0904_documentation_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_31FDF30C7CE71465A243CA05BADC0904" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Held to maturity Securities, Debt Maturities, After One Through Five Years, Average Yield </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield" xlink:label="loc_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_31FDF30C7CE71465A243CA05BADC0904" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_31FDF30C7CE71465A243CA05BADC0904" xlink:to="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_31FDF30C7CE71465A243CA05BADC0904" xlink:type="arc"/>
<link:label id="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield_9A2846AB2DC9B740C74FCA05BADC564B_terseLabel_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield_9A2846AB2DC9B740C74FCA05BADC564B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Over 5 through 10 years </link:label>
<link:label id="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield_9A2846AB2DC9B740C74FCA05BADC564B_label_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield_9A2846AB2DC9B740C74FCA05BADC564B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Held To Maturity Securities Debt Maturities After Five Through Ten Years Average Yield </link:label>
<link:label id="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield_9A2846AB2DC9B740C74FCA05BADC564B_documentation_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield_9A2846AB2DC9B740C74FCA05BADC564B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Held to maturity Securities, Debt Maturities, After Five Through Ten Years, Average Yield </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield" xlink:label="loc_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield_9A2846AB2DC9B740C74FCA05BADC564B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield_9A2846AB2DC9B740C74FCA05BADC564B" xlink:to="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield_9A2846AB2DC9B740C74FCA05BADC564B" xlink:type="arc"/>
<link:label id="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsAverageYield_81F4AFCE5AB566F4B0CECA05BADC55E7_terseLabel_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsAverageYield_81F4AFCE5AB566F4B0CECA05BADC55E7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Over 10 years </link:label>
<link:label id="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsAverageYield_81F4AFCE5AB566F4B0CECA05BADC55E7_label_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsAverageYield_81F4AFCE5AB566F4B0CECA05BADC55E7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Held To Maturity Securities Debt Maturities After Ten Years Average Yield </link:label>
<link:label id="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsAverageYield_81F4AFCE5AB566F4B0CECA05BADC55E7_documentation_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsAverageYield_81F4AFCE5AB566F4B0CECA05BADC55E7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Held to maturity Securities, Debt Maturities, After Ten Years, Average Yield </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsAverageYield" xlink:label="loc_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsAverageYield_81F4AFCE5AB566F4B0CECA05BADC55E7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsAverageYield_81F4AFCE5AB566F4B0CECA05BADC55E7" xlink:to="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsAverageYield_81F4AFCE5AB566F4B0CECA05BADC55E7" xlink:type="arc"/>
<link:label id="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield_DE93992CDDD0DACB8C95CA05BADC8094_terseLabel_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield_DE93992CDDD0DACB8C95CA05BADC8094" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Without single maturity date </link:label>
<link:label id="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield_DE93992CDDD0DACB8C95CA05BADC8094_label_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield_DE93992CDDD0DACB8C95CA05BADC8094" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Held To Maturity Securities Debt Maturities Without Single Maturity Date Average Yield </link:label>
<link:label id="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield_DE93992CDDD0DACB8C95CA05BADC8094_documentation_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield_DE93992CDDD0DACB8C95CA05BADC8094" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Held to maturity Securities, Debt Maturities, Without Single Maturity, Date, Average Yield </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield" xlink:label="loc_bk_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield_DE93992CDDD0DACB8C95CA05BADC8094" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield_DE93992CDDD0DACB8C95CA05BADC8094" xlink:to="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield_DE93992CDDD0DACB8C95CA05BADC8094" xlink:type="arc"/>
<link:label id="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAverageYield_0E39B5703C6927225085CA05BADCA8A1_terseLabel_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAverageYield_0E39B5703C6927225085CA05BADCA8A1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total </link:label>
<link:label id="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAverageYield_0E39B5703C6927225085CA05BADCA8A1_label_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAverageYield_0E39B5703C6927225085CA05BADCA8A1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Held To Maturity Securities Debt Maturities Average Yield </link:label>
<link:label id="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAverageYield_0E39B5703C6927225085CA05BADCA8A1_documentation_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAverageYield_0E39B5703C6927225085CA05BADCA8A1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Held to maturity Securities, Debt Maturities, Average Yield </link:label>
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<link:label id="lab_bk_ScheduleOfIntangibleAssetsByMajorClassTable_CCF3228DDBC85636F32ECA05BA79ECA9_terseLabel_en-US" xlink:label="lab_bk_ScheduleOfIntangibleAssetsByMajorClassTable_CCF3228DDBC85636F32ECA05BA79ECA9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Intangible Assets by Major Class [Table] </link:label>
<link:label id="lab_bk_ScheduleOfIntangibleAssetsByMajorClassTable_CCF3228DDBC85636F32ECA05BA79ECA9_label_en-US" xlink:label="lab_bk_ScheduleOfIntangibleAssetsByMajorClassTable_CCF3228DDBC85636F32ECA05BA79ECA9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule Of Intangible Assets By Major Class [Table] </link:label>
<link:label id="lab_bk_ScheduleOfIntangibleAssetsByMajorClassTable_CCF3228DDBC85636F32ECA05BA79ECA9_documentation_en-US" xlink:label="lab_bk_ScheduleOfIntangibleAssetsByMajorClassTable_CCF3228DDBC85636F32ECA05BA79ECA9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Schedule of Intangible Assets by Major Class [Table] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ScheduleOfIntangibleAssetsByMajorClassTable" xlink:label="loc_bk_ScheduleOfIntangibleAssetsByMajorClassTable_CCF3228DDBC85636F32ECA05BA79ECA9" xlink:type="locator"/>
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<link:label id="lab_bk_IntangibleAssetsByMajorClassLineItems_CABD2755D68FC94971AACA05BA794B8D_terseLabel_en-US" xlink:label="lab_bk_IntangibleAssetsByMajorClassLineItems_CABD2755D68FC94971AACA05BA794B8D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Intangible Assets by Major Class [Line Items] </link:label>
<link:label id="lab_bk_IntangibleAssetsByMajorClassLineItems_CABD2755D68FC94971AACA05BA794B8D_label_en-US" xlink:label="lab_bk_IntangibleAssetsByMajorClassLineItems_CABD2755D68FC94971AACA05BA794B8D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Intangible Assets By Major Class [Line Items] </link:label>
<link:label id="lab_bk_IntangibleAssetsByMajorClassLineItems_CABD2755D68FC94971AACA05BA794B8D_documentation_en-US" xlink:label="lab_bk_IntangibleAssetsByMajorClassLineItems_CABD2755D68FC94971AACA05BA794B8D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Intangible Assets by Major Class [Line Items] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_IntangibleAssetsByMajorClassLineItems" xlink:label="loc_bk_IntangibleAssetsByMajorClassLineItems_CABD2755D68FC94971AACA05BA794B8D" xlink:type="locator"/>
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<link:label id="lab_bk_IndefiniteAndFiniteLivedIntangibleAssetsRollForward_E8E51A266B721D1278ECCA05BA79C5BF_terseLabel_en-US" xlink:label="lab_bk_IndefiniteAndFiniteLivedIntangibleAssetsRollForward_E8E51A266B721D1278ECCA05BA79C5BF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Intangible Assets [Roll Forward] </link:label>
<link:label id="lab_bk_IndefiniteAndFiniteLivedIntangibleAssetsRollForward_E8E51A266B721D1278ECCA05BA79C5BF_label_en-US" xlink:label="lab_bk_IndefiniteAndFiniteLivedIntangibleAssetsRollForward_E8E51A266B721D1278ECCA05BA79C5BF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Indefinite and Finite-lived Intangible Assets [Roll Forward] </link:label>
<link:label id="lab_bk_IndefiniteAndFiniteLivedIntangibleAssetsRollForward_E8E51A266B721D1278ECCA05BA79C5BF_documentation_en-US" xlink:label="lab_bk_IndefiniteAndFiniteLivedIntangibleAssetsRollForward_E8E51A266B721D1278ECCA05BA79C5BF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Indefinite and Finite-lived Intangible Assets [Roll Forward] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_IndefiniteAndFiniteLivedIntangibleAssetsRollForward" xlink:label="loc_bk_IndefiniteAndFiniteLivedIntangibleAssetsRollForward_E8E51A266B721D1278ECCA05BA79C5BF" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_2F52DE8E094DC7843142CA05BA79DC9F_periodStartLabel_en-US" xlink:label="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_2F52DE8E094DC7843142CA05BA79DC9F" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Beginning Balance </link:label>
<link:label id="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_2F52DE8E094DC7843142CA05BA79DC9F_label_en-US" xlink:label="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_2F52DE8E094DC7843142CA05BA79DC9F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Intangible Assets, Net (Excluding Goodwill) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IntangibleAssetsNetExcludingGoodwill" xlink:label="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_2F52DE8E094DC7843142CA05BA79DC9F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_2F52DE8E094DC7843142CA05BA79DC9F" xlink:to="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_2F52DE8E094DC7843142CA05BA79DC9F" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinitelivedIntangibleAssetsAcquired1_4DA496A6CDB2AA0BF9C4CA05BA798995_terseLabel_en-US" xlink:label="lab_us-gaap_FinitelivedIntangibleAssetsAcquired1_4DA496A6CDB2AA0BF9C4CA05BA798995" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Acquisitions </link:label>
<link:label id="lab_us-gaap_FinitelivedIntangibleAssetsAcquired1_4DA496A6CDB2AA0BF9C4CA05BA798995_label_en-US" xlink:label="lab_us-gaap_FinitelivedIntangibleAssetsAcquired1_4DA496A6CDB2AA0BF9C4CA05BA798995" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finite-lived Intangible Assets Acquired </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinitelivedIntangibleAssetsAcquired1" xlink:label="loc_us-gaap_FinitelivedIntangibleAssetsAcquired1_4DA496A6CDB2AA0BF9C4CA05BA798995" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AmortizationOfIntangibleAssets_4207CE63EB1DD45EB39ECA05BA7A1090_negatedLabel_en-US" xlink:label="lab_us-gaap_AmortizationOfIntangibleAssets_4207CE63EB1DD45EB39ECA05BA7A1090" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Amortization </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AmortizationOfIntangibleAssets" xlink:label="loc_us-gaap_AmortizationOfIntangibleAssets_4207CE63EB1DD45EB39ECA05BA7A1090" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AmortizationOfIntangibleAssets_4207CE63EB1DD45EB39ECA05BA7A1090" xlink:to="lab_us-gaap_AmortizationOfIntangibleAssets_4207CE63EB1DD45EB39ECA05BA7A1090" xlink:type="arc"/>
<link:label id="lab_bk_IntangibleAssetsForeignCurrencyTranslationGainLoss_B3D36D8C81D2974A0D5ACA05BA7A7EB0_terseLabel_en-US" xlink:label="lab_bk_IntangibleAssetsForeignCurrencyTranslationGainLoss_B3D36D8C81D2974A0D5ACA05BA7A7EB0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign currency translation </link:label>
<link:label id="lab_bk_IntangibleAssetsForeignCurrencyTranslationGainLoss_B3D36D8C81D2974A0D5ACA05BA7A7EB0_label_en-US" xlink:label="lab_bk_IntangibleAssetsForeignCurrencyTranslationGainLoss_B3D36D8C81D2974A0D5ACA05BA7A7EB0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Intangible Assets Foreign Currency Translation Gain Loss </link:label>
<link:label id="lab_bk_IntangibleAssetsForeignCurrencyTranslationGainLoss_B3D36D8C81D2974A0D5ACA05BA7A7EB0_documentation_en-US" xlink:label="lab_bk_IntangibleAssetsForeignCurrencyTranslationGainLoss_B3D36D8C81D2974A0D5ACA05BA7A7EB0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Reflects net changes to the recorded value of intangible assets for foreign currency translation adjustments needed to revise the carrying amount to fair value. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_IntangibleAssetsForeignCurrencyTranslationGainLoss" xlink:label="loc_bk_IntangibleAssetsForeignCurrencyTranslationGainLoss_B3D36D8C81D2974A0D5ACA05BA7A7EB0" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_91CA4E7E8B48B51AF6E6CA05BA7AFB99_periodEndLabel_en-US" xlink:label="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_91CA4E7E8B48B51AF6E6CA05BA7AFB99" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Ending Balance </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IntangibleAssetsNetExcludingGoodwill" xlink:label="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_91CA4E7E8B48B51AF6E6CA05BA7AFB99" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ImpairmentOfIntangibleAssetsFinitelived_FD5F816692117B0DC86ACA05BA7A32B6_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairmentOfIntangibleAssetsFinitelived_FD5F816692117B0DC86ACA05BA7A32B6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Impairment charges related to write-down of intangible assets </link:label>
<link:label id="lab_us-gaap_ImpairmentOfIntangibleAssetsFinitelived_FD5F816692117B0DC86ACA05BA7A32B6_label_en-US" xlink:label="lab_us-gaap_ImpairmentOfIntangibleAssetsFinitelived_FD5F816692117B0DC86ACA05BA7A32B6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impairment of Intangible Assets, Finite-lived </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ImpairmentOfIntangibleAssetsFinitelived" xlink:label="loc_us-gaap_ImpairmentOfIntangibleAssetsFinitelived_FD5F816692117B0DC86ACA05BA7A32B6" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TransferToOtherRealEstate_2A6D0CE2547BC3566A6FCA05B6E9DCF8_terseLabel_en-US" xlink:label="lab_us-gaap_TransferToOtherRealEstate_2A6D0CE2547BC3566A6FCA05B6E9DCF8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Transfers from loans to other assets for other real estate owned (“OREO”) </link:label>
<link:label id="lab_us-gaap_TransferToOtherRealEstate_2A6D0CE2547BC3566A6FCA05B6E9DCF8_label_en-US" xlink:label="lab_us-gaap_TransferToOtherRealEstate_2A6D0CE2547BC3566A6FCA05B6E9DCF8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Real Estate Owned, Transfer to Real Estate Owned </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TransferToOtherRealEstate" xlink:label="loc_us-gaap_TransferToOtherRealEstate_2A6D0CE2547BC3566A6FCA05B6E9DCF8" xlink:type="locator"/>
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<link:label id="lab_bk_ConsolidatedNoncashAssetsTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_59957A21D41B460E59C4CA05B6E9EBBD_terseLabel_en-US" xlink:label="lab_bk_ConsolidatedNoncashAssetsTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_59957A21D41B460E59C4CA05B6E9EBBD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in assets of consolidated VIEs </link:label>
<link:label id="lab_bk_ConsolidatedNoncashAssetsTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_59957A21D41B460E59C4CA05B6E9EBBD_label_en-US" xlink:label="lab_bk_ConsolidatedNoncashAssetsTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_59957A21D41B460E59C4CA05B6E9EBBD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Consolidated Noncash Assets Transfer Of Financial Assets Consolidation Of Variable Interest Entities </link:label>
<link:label id="lab_bk_ConsolidatedNoncashAssetsTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_59957A21D41B460E59C4CA05B6E9EBBD_documentation_en-US" xlink:label="lab_bk_ConsolidatedNoncashAssetsTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_59957A21D41B460E59C4CA05B6E9EBBD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Consolidated Noncash Assets, Transfer of Financial Assets, Consolidation of Variable Interest Entities </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ConsolidatedNoncashAssetsTransferOfFinancialAssetsConsolidationOfVariableInterestEntities" xlink:label="loc_bk_ConsolidatedNoncashAssetsTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_59957A21D41B460E59C4CA05B6E9EBBD" xlink:type="locator"/>
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<link:label id="lab_bk_ConsolidatedNoncashLiabilitiesTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_9A488FBBFD30EDE6F1AACA05B6E96D59_terseLabel_en-US" xlink:label="lab_bk_ConsolidatedNoncashLiabilitiesTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_9A488FBBFD30EDE6F1AACA05B6E96D59" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in liabilities of consolidated VIEs </link:label>
<link:label id="lab_bk_ConsolidatedNoncashLiabilitiesTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_9A488FBBFD30EDE6F1AACA05B6E96D59_label_en-US" xlink:label="lab_bk_ConsolidatedNoncashLiabilitiesTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_9A488FBBFD30EDE6F1AACA05B6E96D59" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Consolidated Noncash Liabilities Transfer Of Financial Assets Consolidation Of Variable Interest Entities </link:label>
<link:label id="lab_bk_ConsolidatedNoncashLiabilitiesTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_9A488FBBFD30EDE6F1AACA05B6E96D59_documentation_en-US" xlink:label="lab_bk_ConsolidatedNoncashLiabilitiesTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_9A488FBBFD30EDE6F1AACA05B6E96D59" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Consolidated Noncash Liabilities, Transfer of Financial Assets, Consolidation of Variable Interest Entities </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ConsolidatedNoncashLiabilitiesTransferOfFinancialAssetsConsolidationOfVariableInterestEntities" xlink:label="loc_bk_ConsolidatedNoncashLiabilitiesTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_9A488FBBFD30EDE6F1AACA05B6E96D59" xlink:type="locator"/>
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<link:label id="lab_bk_ConsolidatedNoncashNoncontrollingInterestsTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_D6DD71CD302E334CF7F0CA05B6E9C4D0_terseLabel_en-US" xlink:label="lab_bk_ConsolidatedNoncashNoncontrollingInterestsTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_D6DD71CD302E334CF7F0CA05B6E9C4D0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in nonredeemable noncontrolling interests of consolidated investment management funds </link:label>
<link:label id="lab_bk_ConsolidatedNoncashNoncontrollingInterestsTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_D6DD71CD302E334CF7F0CA05B6E9C4D0_label_en-US" xlink:label="lab_bk_ConsolidatedNoncashNoncontrollingInterestsTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_D6DD71CD302E334CF7F0CA05B6E9C4D0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Consolidated Noncash Noncontrolling Interests Transfer Of Financial Assets Consolidation Of Variable Interest Entities </link:label>
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<link:label id="lab_bk_SecuritiesNotSettled_797D7C2B12A32186C80ECA05B6E93B88_terseLabel_en-US" xlink:label="lab_bk_SecuritiesNotSettled_797D7C2B12A32186C80ECA05B6E93B88" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities purchased not settled </link:label>
<link:label id="lab_bk_SecuritiesNotSettled_797D7C2B12A32186C80ECA05B6E93B88_label_en-US" xlink:label="lab_bk_SecuritiesNotSettled_797D7C2B12A32186C80ECA05B6E93B88" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Not Settled </link:label>
<link:label id="lab_bk_SecuritiesNotSettled_797D7C2B12A32186C80ECA05B6E93B88_documentation_en-US" xlink:label="lab_bk_SecuritiesNotSettled_797D7C2B12A32186C80ECA05B6E93B88" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securities Not Settled </link:label>
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<link:label id="lab_bk_SecuritiesSalesNotSettled_D49574381832F5540A61CA05B6E95E47_terseLabel_en-US" xlink:label="lab_bk_SecuritiesSalesNotSettled_D49574381832F5540A61CA05B6E95E47" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities sales not settled </link:label>
<link:label id="lab_bk_SecuritiesSalesNotSettled_D49574381832F5540A61CA05B6E95E47_label_en-US" xlink:label="lab_bk_SecuritiesSalesNotSettled_D49574381832F5540A61CA05B6E95E47" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities, Sales Not Settled </link:label>
<link:label id="lab_bk_SecuritiesSalesNotSettled_D49574381832F5540A61CA05B6E95E47_documentation_en-US" xlink:label="lab_bk_SecuritiesSalesNotSettled_D49574381832F5540A61CA05B6E95E47" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securities sales not settled </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_SecuritiesSalesNotSettled" xlink:label="loc_bk_SecuritiesSalesNotSettled_D49574381832F5540A61CA05B6E95E47" xlink:type="locator"/>
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<link:label id="lab_bk_SecuritiesMaturedNotSettled_B5BB30D60E67308DE8CECA05B6E9C717_label_en-US" xlink:label="lab_bk_SecuritiesMaturedNotSettled_B5BB30D60E67308DE8CECA05B6E9C717" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities, Matured Not Settled </link:label>
<link:label id="lab_bk_SecuritiesMaturedNotSettled_B5BB30D60E67308DE8CECA05B6E9C717_documentation_en-US" xlink:label="lab_bk_SecuritiesMaturedNotSettled_B5BB30D60E67308DE8CECA05B6E9C717" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securities, Matured Not Settled </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_SecuritiesMaturedNotSettled" xlink:label="loc_bk_SecuritiesMaturedNotSettled_B5BB30D60E67308DE8CECA05B6E9C717" xlink:type="locator"/>
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<link:label id="lab_bk_AvailableforSaleSecuritiesTransferredtoHeldtoMaturity_0D80CF74263F399B7F9ACA05B6E9B889_terseLabel_en-US" xlink:label="lab_bk_AvailableforSaleSecuritiesTransferredtoHeldtoMaturity_0D80CF74263F399B7F9ACA05B6E9B889" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Available-for-Sale Securities Transferred to Held-to-Maturity </link:label>
<link:label id="lab_bk_AvailableforSaleSecuritiesTransferredtoHeldtoMaturity_0D80CF74263F399B7F9ACA05B6E9B889_label_en-US" xlink:label="lab_bk_AvailableforSaleSecuritiesTransferredtoHeldtoMaturity_0D80CF74263F399B7F9ACA05B6E9B889" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-Sale Securities Transferred to Held-to-Maturity </link:label>
<link:label id="lab_bk_AvailableforSaleSecuritiesTransferredtoHeldtoMaturity_0D80CF74263F399B7F9ACA05B6E9B889_documentation_en-US" xlink:label="lab_bk_AvailableforSaleSecuritiesTransferredtoHeldtoMaturity_0D80CF74263F399B7F9ACA05B6E9B889" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Available-for-Sale Securities Transferred to Held-to-Maturity </link:label>
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<link:label id="lab_bk_HeldtomaturitySecuritiesTransferredtoAvailableforsaleatCarryingValue_6BD47B44F662147FD9DBCA05B6EA259B_terseLabel_en-US" xlink:label="lab_bk_HeldtomaturitySecuritiesTransferredtoAvailableforsaleatCarryingValue_6BD47B44F662147FD9DBCA05B6EA259B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Held-to-maturity Securities Transferred to Available-for-sale, at Carrying Value </link:label>
<link:label id="lab_bk_HeldtomaturitySecuritiesTransferredtoAvailableforsaleatCarryingValue_6BD47B44F662147FD9DBCA05B6EA259B_label_en-US" xlink:label="lab_bk_HeldtomaturitySecuritiesTransferredtoAvailableforsaleatCarryingValue_6BD47B44F662147FD9DBCA05B6EA259B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Held-to-maturity Securities Transferred to Available-for-sale, at Carrying Value </link:label>
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<link:label id="lab_us-gaap_CapitalLeaseObligationsIncurred_684C456D0DEC12CF4AF6CA05B6EAC976_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalLeaseObligationsIncurred_684C456D0DEC12CF4AF6CA05B6EAC976" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Premises and equipment/capitalized software funded by capital lease obligations </link:label>
<link:label id="lab_us-gaap_CapitalLeaseObligationsIncurred_684C456D0DEC12CF4AF6CA05B6EAC976_label_en-US" xlink:label="lab_us-gaap_CapitalLeaseObligationsIncurred_684C456D0DEC12CF4AF6CA05B6EAC976" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Lease Obligations Incurred </link:label>
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<link:label id="lab_us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_DC45036CD15B1E54B1DDCA05B85C0D75_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock_DC45036CD15B1E54B1DDCA05B85C0D75" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Assets and Liabilities Measured at Fair Value on Recurring Basis </link:label>
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<link:label id="lab_us-gaap_FairValueByBalanceSheetGroupingTextBlock_FE5695F00CB1F09589FFCA05B85CE433_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByBalanceSheetGroupingTextBlock_FE5695F00CB1F09589FFCA05B85CE433" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Summary of Financial Instruments Not Carried at Fair Value </link:label>
<link:label id="lab_us-gaap_FairValueByBalanceSheetGroupingTextBlock_FE5695F00CB1F09589FFCA05B85CE433_label_en-US" xlink:label="lab_us-gaap_FairValueByBalanceSheetGroupingTextBlock_FE5695F00CB1F09589FFCA05B85CE433" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, by Balance Sheet Grouping [Table Text Block] </link:label>
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<link:label id="lab_bk_SummaryOfHedgedFinancialInstrumentsDisclosureTableTextBlock_288CBBE4504648B54E66CA05B85C2542_terseLabel_en-US" xlink:label="lab_bk_SummaryOfHedgedFinancialInstrumentsDisclosureTableTextBlock_288CBBE4504648B54E66CA05B85C2542" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Summary of the Carrying Amount, Notional Amount and Unrealized Gain (Loss) of Hedged Financial Instruments </link:label>
<link:label id="lab_bk_SummaryOfHedgedFinancialInstrumentsDisclosureTableTextBlock_288CBBE4504648B54E66CA05B85C2542_label_en-US" xlink:label="lab_bk_SummaryOfHedgedFinancialInstrumentsDisclosureTableTextBlock_288CBBE4504648B54E66CA05B85C2542" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Summary Of Hedged Financial Instruments Disclosure [Table Text Block] </link:label>
<link:label id="lab_bk_SummaryOfHedgedFinancialInstrumentsDisclosureTableTextBlock_288CBBE4504648B54E66CA05B85C2542_documentation_en-US" xlink:label="lab_bk_SummaryOfHedgedFinancialInstrumentsDisclosureTableTextBlock_288CBBE4504648B54E66CA05B85C2542" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Summary of Hedged Financial Instruments Disclosure </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_SummaryOfHedgedFinancialInstrumentsDisclosureTableTextBlock" xlink:label="loc_bk_SummaryOfHedgedFinancialInstrumentsDisclosureTableTextBlock_288CBBE4504648B54E66CA05B85C2542" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SegmentsGeographicalAreasAbstract_AA2EBC8309A15AD4078BCA05B6FA3CA0_label_en-US" xlink:label="lab_us-gaap_SegmentsGeographicalAreasAbstract_AA2EBC8309A15AD4078BCA05B6FA3CA0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Segments, Geographical Areas [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SegmentsGeographicalAreasAbstract" xlink:label="loc_us-gaap_SegmentsGeographicalAreasAbstract_AA2EBC8309A15AD4078BCA05B6FA3CA0" xlink:type="locator"/>
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<link:label id="lab_bk_InternationalActivitiesDisclosureTextBlock_4483D84D83BEB51F0FBBCA05B6FA0012_terseLabel_en-US" xlink:label="lab_bk_InternationalActivitiesDisclosureTextBlock_4483D84D83BEB51F0FBBCA05B6FA0012" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> International Operations </link:label>
<link:label id="lab_bk_InternationalActivitiesDisclosureTextBlock_4483D84D83BEB51F0FBBCA05B6FA0012_label_en-US" xlink:label="lab_bk_InternationalActivitiesDisclosureTextBlock_4483D84D83BEB51F0FBBCA05B6FA0012" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> International Activities Disclosure [Text Block] </link:label>
<link:label id="lab_bk_InternationalActivitiesDisclosureTextBlock_4483D84D83BEB51F0FBBCA05B6FA0012_documentation_en-US" xlink:label="lab_bk_InternationalActivitiesDisclosureTextBlock_4483D84D83BEB51F0FBBCA05B6FA0012" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> International operations </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_InternationalActivitiesDisclosureTextBlock" xlink:label="loc_bk_InternationalActivitiesDisclosureTextBlock_4483D84D83BEB51F0FBBCA05B6FA0012" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryTable_87E24DEEB253F9789698D2FE7076466E_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryTable_87E24DEEB253F9789698D2FE7076466E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Investment Income, Reported Amounts, by Category [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryTable_87E24DEEB253F9789698D2FE7076466E_label_en-US" xlink:label="lab_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryTable_87E24DEEB253F9789698D2FE7076466E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investment Income [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryTable" xlink:label="loc_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryTable_87E24DEEB253F9789698D2FE7076466E" xlink:type="locator"/>
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<link:label id="lab_bk_OtherSecuritiesMember_6ABEA44899B2CDB6269BD2FE7076F97F_terseLabel_en-US" xlink:label="lab_bk_OtherSecuritiesMember_6ABEA44899B2CDB6269BD2FE7076F97F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other </link:label>
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<link:label id="lab_bk_OtherSecuritiesMember_6ABEA44899B2CDB6269BD2FE7076F97F_documentation_en-US" xlink:label="lab_bk_OtherSecuritiesMember_6ABEA44899B2CDB6269BD2FE7076F97F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other securities </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_OtherSecuritiesMember" xlink:label="loc_bk_OtherSecuritiesMember_6ABEA44899B2CDB6269BD2FE7076F97F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryLineItems_B0F5A1A3BDF5F1292F64D2FE70761896_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryLineItems_B0F5A1A3BDF5F1292F64D2FE70761896" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Investment Income, Reported Amounts, by Category [Line Items] </link:label>
<link:label id="lab_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryLineItems_B0F5A1A3BDF5F1292F64D2FE70761896_label_en-US" xlink:label="lab_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryLineItems_B0F5A1A3BDF5F1292F64D2FE70761896" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Investment Income [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryLineItems" xlink:label="loc_us-gaap_ScheduleOfInvestmentIncomeReportedAmountsByCategoryLineItems_B0F5A1A3BDF5F1292F64D2FE70761896" xlink:type="locator"/>
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<link:loc xlink:href="bk-20171231.xsd#bk_NetSecuritiesGainLoss" xlink:label="loc_bk_NetSecuritiesGainLoss_DBBD25BD7584978F991DD2FE70769C58" xlink:type="locator"/>
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<link:label id="lab_bk_FairValueMeasurementInputsTextBlock_B124AF46935E750C8816CA05B86377DC_terseLabel_en-US" xlink:label="lab_bk_FairValueMeasurementInputsTextBlock_B124AF46935E750C8816CA05B86377DC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair value measurement </link:label>
<link:label id="lab_bk_FairValueMeasurementInputsTextBlock_B124AF46935E750C8816CA05B86377DC_label_en-US" xlink:label="lab_bk_FairValueMeasurementInputsTextBlock_B124AF46935E750C8816CA05B86377DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Measurement Inputs [Text Block] </link:label>
<link:label id="lab_bk_FairValueMeasurementInputsTextBlock_B124AF46935E750C8816CA05B86377DC_documentation_en-US" xlink:label="lab_bk_FairValueMeasurementInputsTextBlock_B124AF46935E750C8816CA05B86377DC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This element represents the disclosure related to the fair value measurement of assets and liabilities which includes financial instruments measured at fair value that are classified as stockholders' equity. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_FairValueMeasurementInputsTextBlock" xlink:label="loc_bk_FairValueMeasurementInputsTextBlock_B124AF46935E750C8816CA05B86377DC" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock_1D1795E52F5542CE346DCA05B6EBEBCD_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock_1D1795E52F5542CE346DCA05B6EBEBCD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Noncash Investing and Financing Transactions that are Not Reflected in Consolidated Statement of Cash Flows </link:label>
<link:label id="lab_us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock_1D1795E52F5542CE346DCA05B6EBEBCD_label_en-US" xlink:label="lab_us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock_1D1795E52F5542CE346DCA05B6EBEBCD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Cash Flow, Supplemental Disclosures [Table Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock_1D1795E52F5542CE346DCA05B6EBEBCD" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AmortizationMethodQualifiedAffordableHousingProjectInvestments_7ED0857E003EE134D77ECA05BA623F5A_terseLabel_en-US" xlink:label="lab_us-gaap_AmortizationMethodQualifiedAffordableHousingProjectInvestments_7ED0857E003EE134D77ECA05BA623F5A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Qualified affordable housing project investments </link:label>
<link:label id="lab_us-gaap_AmortizationMethodQualifiedAffordableHousingProjectInvestments_7ED0857E003EE134D77ECA05BA623F5A_label_en-US" xlink:label="lab_us-gaap_AmortizationMethodQualifiedAffordableHousingProjectInvestments_7ED0857E003EE134D77ECA05BA623F5A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Amortization Method Qualified Affordable Housing Project Investments </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AmortizationMethodQualifiedAffordableHousingProjectInvestments" xlink:label="loc_us-gaap_AmortizationMethodQualifiedAffordableHousingProjectInvestments_7ED0857E003EE134D77ECA05BA623F5A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_QualifiedAffordableHousingProjectInvestmentsCommitment_5C97B35413CAE1C27E88CA05BA623E17_terseLabel_en-US" xlink:label="lab_us-gaap_QualifiedAffordableHousingProjectInvestmentsCommitment_5C97B35413CAE1C27E88CA05BA623E17" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Qualified affordable housing project investments, commitment </link:label>
<link:label id="lab_us-gaap_QualifiedAffordableHousingProjectInvestmentsCommitment_5C97B35413CAE1C27E88CA05BA623E17_label_en-US" xlink:label="lab_us-gaap_QualifiedAffordableHousingProjectInvestmentsCommitment_5C97B35413CAE1C27E88CA05BA623E17" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Qualified Affordable Housing Project Investments, Commitment </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_QualifiedAffordableHousingProjectInvestmentsCommitment" xlink:label="loc_us-gaap_QualifiedAffordableHousingProjectInvestmentsCommitment_5C97B35413CAE1C27E88CA05BA623E17" xlink:type="locator"/>
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<link:label id="lab_bk_QualifiedAffordableHousingProjectInvestmentsCommitmentNextTwelveMonths_F3823EC5A332871A9E5DCA05BA625296_terseLabel_en-US" xlink:label="lab_bk_QualifiedAffordableHousingProjectInvestmentsCommitmentNextTwelveMonths_F3823EC5A332871A9E5DCA05BA625296" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Qualified affordable housing project commitment - 2018 </link:label>
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<link:loc xlink:href="bk-20171231.xsd#bk_QualifiedAffordableHousingProjectInvestmentsCommitmentNextTwelveMonths" xlink:label="loc_bk_QualifiedAffordableHousingProjectInvestmentsCommitmentNextTwelveMonths_F3823EC5A332871A9E5DCA05BA625296" xlink:type="locator"/>
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<link:label id="lab_bk_QualifiedAffordableHousingProjectInvestmentsCommitmentinTwoYears_B489E2A47283DC0114B6CA05BA62BA2F_terseLabel_en-US" xlink:label="lab_bk_QualifiedAffordableHousingProjectInvestmentsCommitmentinTwoYears_B489E2A47283DC0114B6CA05BA62BA2F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Qualified affordable housing project commitment - 2019 </link:label>
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<link:label id="lab_bk_QualifiedAffordableHousingProjectInvestmentsCommitmentinThreeYears_B3944225C6A474BC2C40CA05BA63B886_terseLabel_en-US" xlink:label="lab_bk_QualifiedAffordableHousingProjectInvestmentsCommitmentinThreeYears_B3944225C6A474BC2C40CA05BA63B886" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Qualified affordable housing project commitment - 2020 </link:label>
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<link:label id="lab_us-gaap_ConsolidationItemsAxis_6D3010034EAFF6457417CA05B700A889_terseLabel_en-US" xlink:label="lab_us-gaap_ConsolidationItemsAxis_6D3010034EAFF6457417CA05B700A889" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Consolidation Items [Axis] </link:label>
<link:label id="lab_us-gaap_ConsolidationItemsAxis_6D3010034EAFF6457417CA05B700A889_label_en-US" xlink:label="lab_us-gaap_ConsolidationItemsAxis_6D3010034EAFF6457417CA05B700A889" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Consolidation Items [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConsolidationItemsAxis" xlink:label="loc_us-gaap_ConsolidationItemsAxis_6D3010034EAFF6457417CA05B700A889" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConsolidationItemsAxis_6D3010034EAFF6457417CA05B700A889" xlink:to="lab_us-gaap_ConsolidationItemsAxis_6D3010034EAFF6457417CA05B700A889" xlink:type="arc"/>
<link:label id="lab_us-gaap_ConsolidationItemsDomain_42FB0C96FFFFFB959BF9CA05B70092F8_terseLabel_en-US" xlink:label="lab_us-gaap_ConsolidationItemsDomain_42FB0C96FFFFFB959BF9CA05B70092F8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Consolidation Items [Domain] </link:label>
<link:label id="lab_us-gaap_ConsolidationItemsDomain_42FB0C96FFFFFB959BF9CA05B70092F8_label_en-US" xlink:label="lab_us-gaap_ConsolidationItemsDomain_42FB0C96FFFFFB959BF9CA05B70092F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Consolidation Items [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConsolidationItemsDomain" xlink:label="loc_us-gaap_ConsolidationItemsDomain_42FB0C96FFFFFB959BF9CA05B70092F8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConsolidationItemsDomain_42FB0C96FFFFFB959BF9CA05B70092F8" xlink:to="lab_us-gaap_ConsolidationItemsDomain_42FB0C96FFFFFB959BF9CA05B70092F8" xlink:type="arc"/>
<link:label id="lab_us-gaap_OperatingSegmentsMember_26C90835C8FD6CB609EDCA05B700D5B1_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingSegmentsMember_26C90835C8FD6CB609EDCA05B700D5B1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Operating segments </link:label>
<link:label id="lab_us-gaap_OperatingSegmentsMember_26C90835C8FD6CB609EDCA05B700D5B1_label_en-US" xlink:label="lab_us-gaap_OperatingSegmentsMember_26C90835C8FD6CB609EDCA05B700D5B1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operating Segments [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingSegmentsMember" xlink:label="loc_us-gaap_OperatingSegmentsMember_26C90835C8FD6CB609EDCA05B700D5B1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingSegmentsMember_26C90835C8FD6CB609EDCA05B700D5B1" xlink:to="lab_us-gaap_OperatingSegmentsMember_26C90835C8FD6CB609EDCA05B700D5B1" xlink:type="arc"/>
<link:label id="lab_us-gaap_SegmentReportingInformationLineItems_88E7B12DD7822614A6F1CA05B7004E45_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentReportingInformationLineItems_88E7B12DD7822614A6F1CA05B7004E45" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Segment Reporting Information [Line Items] </link:label>
<link:label id="lab_us-gaap_SegmentReportingInformationLineItems_88E7B12DD7822614A6F1CA05B7004E45_label_en-US" xlink:label="lab_us-gaap_SegmentReportingInformationLineItems_88E7B12DD7822614A6F1CA05B7004E45" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Segment Reporting Information [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="loc_us-gaap_SegmentReportingInformationLineItems_88E7B12DD7822614A6F1CA05B7004E45" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentReportingInformationLineItems_88E7B12DD7822614A6F1CA05B7004E45" xlink:to="lab_us-gaap_SegmentReportingInformationLineItems_88E7B12DD7822614A6F1CA05B7004E45" xlink:type="arc"/>
<link:label id="lab_us-gaap_NoninterestIncome_DCB2FF68CC023E167D66CA05B700AB3B_terseLabel_en-US" xlink:label="lab_us-gaap_NoninterestIncome_DCB2FF68CC023E167D66CA05B700AB3B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fee and other revenue </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NoninterestIncome" xlink:label="loc_us-gaap_NoninterestIncome_DCB2FF68CC023E167D66CA05B700AB3B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoninterestIncome_DCB2FF68CC023E167D66CA05B700AB3B" xlink:to="lab_us-gaap_NoninterestIncome_DCB2FF68CC023E167D66CA05B700AB3B" xlink:type="arc"/>
<link:label id="lab_us-gaap_InterestIncomeExpenseNet_EE9F1B8209D927B3F6A3CA05B7008FBA_terseLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeExpenseNet_EE9F1B8209D927B3F6A3CA05B7008FBA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net interest revenue (expense) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestIncomeExpenseNet" xlink:label="loc_us-gaap_InterestIncomeExpenseNet_EE9F1B8209D927B3F6A3CA05B7008FBA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestIncomeExpenseNet_EE9F1B8209D927B3F6A3CA05B7008FBA" xlink:to="lab_us-gaap_InterestIncomeExpenseNet_EE9F1B8209D927B3F6A3CA05B7008FBA" xlink:type="arc"/>
<link:label id="lab_us-gaap_Revenues_1F2CB25622C5D55C958ECA05B7008209_totalLabel_en-US" xlink:label="lab_us-gaap_Revenues_1F2CB25622C5D55C958ECA05B7008209" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total revenue </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Revenues" xlink:label="loc_us-gaap_Revenues_1F2CB25622C5D55C958ECA05B7008209" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Revenues_1F2CB25622C5D55C958ECA05B7008209" xlink:to="lab_us-gaap_Revenues_1F2CB25622C5D55C958ECA05B7008209" xlink:type="arc"/>
<link:label id="lab_bk_NoninterestExpenseIncludingNoncontrollingInterest_0F3BD45D32C1F118753BCA05B7010286_terseLabel_en-US" xlink:label="lab_bk_NoninterestExpenseIncludingNoncontrollingInterest_0F3BD45D32C1F118753BCA05B7010286" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Noninterest expense </link:label>
<link:label id="lab_bk_NoninterestExpenseIncludingNoncontrollingInterest_0F3BD45D32C1F118753BCA05B7010286_label_en-US" xlink:label="lab_bk_NoninterestExpenseIncludingNoncontrollingInterest_0F3BD45D32C1F118753BCA05B7010286" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noninterest Expense, Including Noncontrolling Interest </link:label>
<link:label id="lab_bk_NoninterestExpenseIncludingNoncontrollingInterest_0F3BD45D32C1F118753BCA05B7010286_documentation_en-US" xlink:label="lab_bk_NoninterestExpenseIncludingNoncontrollingInterest_0F3BD45D32C1F118753BCA05B7010286" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Noninterest Expense, Including Noncontrolling Interest </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_NoninterestExpenseIncludingNoncontrollingInterest" xlink:label="loc_bk_NoninterestExpenseIncludingNoncontrollingInterest_0F3BD45D32C1F118753BCA05B7010286" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_F9ECCA70A421EB46FEA0CA05B7011B92_totalLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_F9ECCA70A421EB46FEA0CA05B7011B92" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Income before taxes </link:label>
<link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_F9ECCA70A421EB46FEA0CA05B7011B92_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_F9ECCA70A421EB46FEA0CA05B7011B92" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_F9ECCA70A421EB46FEA0CA05B7011B92" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_F9ECCA70A421EB46FEA0CA05B7011B92" xlink:to="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_F9ECCA70A421EB46FEA0CA05B7011B92" xlink:type="arc"/>
<link:label id="lab_bk_OperatingMarginPercent_9155650A982A39BBCCF2CA05B701965D_terseLabel_en-US" xlink:label="lab_bk_OperatingMarginPercent_9155650A982A39BBCCF2CA05B701965D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pre-tax operating margin </link:label>
<link:label id="lab_bk_OperatingMarginPercent_9155650A982A39BBCCF2CA05B701965D_label_en-US" xlink:label="lab_bk_OperatingMarginPercent_9155650A982A39BBCCF2CA05B701965D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operating Margin Percent </link:label>
<link:label id="lab_bk_OperatingMarginPercent_9155650A982A39BBCCF2CA05B701965D_documentation_en-US" xlink:label="lab_bk_OperatingMarginPercent_9155650A982A39BBCCF2CA05B701965D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Income before taxes divided by total revenue </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_OperatingMarginPercent" xlink:label="loc_bk_OperatingMarginPercent_9155650A982A39BBCCF2CA05B701965D" xlink:type="locator"/>
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<link:label id="lab_bk_SegmentReportingInformationAverageTotalAssets_D15D2DB0C9D2BE1AFE3FCA05B7011D73_terseLabel_en-US" xlink:label="lab_bk_SegmentReportingInformationAverageTotalAssets_D15D2DB0C9D2BE1AFE3FCA05B7011D73" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Average assets </link:label>
<link:label id="lab_bk_SegmentReportingInformationAverageTotalAssets_D15D2DB0C9D2BE1AFE3FCA05B7011D73_label_en-US" xlink:label="lab_bk_SegmentReportingInformationAverageTotalAssets_D15D2DB0C9D2BE1AFE3FCA05B7011D73" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Segment Reporting Information Average Total Assets </link:label>
<link:label id="lab_bk_SegmentReportingInformationAverageTotalAssets_D15D2DB0C9D2BE1AFE3FCA05B7011D73_documentation_en-US" xlink:label="lab_bk_SegmentReportingInformationAverageTotalAssets_D15D2DB0C9D2BE1AFE3FCA05B7011D73" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Segment Reporting Information, Average Total Assets </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_SegmentReportingInformationAverageTotalAssets" xlink:label="loc_bk_SegmentReportingInformationAverageTotalAssets_D15D2DB0C9D2BE1AFE3FCA05B7011D73" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NetIncomeLoss_7EE5172FCBC961E1CAFDCA05B701F135_verboseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_7EE5172FCBC961E1CAFDCA05B701F135" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Income from consolidated investment management funds, net of noncontrolling interests </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_7EE5172FCBC961E1CAFDCA05B701F135" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InvestmentIncomeNet_6489D4834287FAE4AFA1CA05B701CD4C_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentIncomeNet_6489D4834287FAE4AFA1CA05B701CD4C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investment income (loss), net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InvestmentIncomeNet" xlink:label="loc_us-gaap_InvestmentIncomeNet_6489D4834287FAE4AFA1CA05B701CD4C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_FA341A960CA75BE61967CA05B701959D_terseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_FA341A960CA75BE61967CA05B701959D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net income (loss) attributable to noncontrolling interests </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_FA341A960CA75BE61967CA05B701959D" xlink:type="locator"/>
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<link:label id="lab_bk_PercentageOfTotalRevenue_D84E4DB0CD38B347E44FCA05B701BFA0_terseLabel_en-US" xlink:label="lab_bk_PercentageOfTotalRevenue_D84E4DB0CD38B347E44FCA05B701BFA0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Percentage of revenue (percent) </link:label>
<link:label id="lab_bk_PercentageOfTotalRevenue_D84E4DB0CD38B347E44FCA05B701BFA0_label_en-US" xlink:label="lab_bk_PercentageOfTotalRevenue_D84E4DB0CD38B347E44FCA05B701BFA0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Percentage Of Total Revenue </link:label>
<link:label id="lab_bk_PercentageOfTotalRevenue_D84E4DB0CD38B347E44FCA05B701BFA0_documentation_en-US" xlink:label="lab_bk_PercentageOfTotalRevenue_D84E4DB0CD38B347E44FCA05B701BFA0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Percentage of Total Revenue </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_PercentageOfTotalRevenue" xlink:label="loc_bk_PercentageOfTotalRevenue_D84E4DB0CD38B347E44FCA05B701BFA0" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FinancialInstrumentAxis_B042C44BCAB59DC742FFCA05B75962B2_terseLabel_en-US" xlink:label="lab_us-gaap_FinancialInstrumentAxis_B042C44BCAB59DC742FFCA05B75962B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financial Instrument [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinancialInstrumentAxis" xlink:label="loc_us-gaap_FinancialInstrumentAxis_B042C44BCAB59DC742FFCA05B75962B2" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_B296A6233A60C9EC0A44CA05B759C804_terseLabel_en-US" xlink:label="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_B296A6233A60C9EC0A44CA05B759C804" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financial Instruments [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:label="loc_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_B296A6233A60C9EC0A44CA05B759C804" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LoansReceivableMember_B535BC8ECCE25DBE3F81CA05B7594405_terseLabel_en-US" xlink:label="lab_us-gaap_LoansReceivableMember_B535BC8ECCE25DBE3F81CA05B7594405" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans </link:label>
<link:label id="lab_us-gaap_LoansReceivableMember_B535BC8ECCE25DBE3F81CA05B7594405_label_en-US" xlink:label="lab_us-gaap_LoansReceivableMember_B535BC8ECCE25DBE3F81CA05B7594405" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans Receivable [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LoansReceivableMember" xlink:label="loc_us-gaap_LoansReceivableMember_B535BC8ECCE25DBE3F81CA05B7594405" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansReceivableMember_B535BC8ECCE25DBE3F81CA05B7594405" xlink:to="lab_us-gaap_LoansReceivableMember_B535BC8ECCE25DBE3F81CA05B7594405" xlink:type="arc"/>
<link:label id="lab_us-gaap_IncomeStatementLocationAxis_43E4E4C9DC5A1B3DCF30CA05B7592804_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationAxis_43E4E4C9DC5A1B3DCF30CA05B7592804" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income Statement Location [Axis] </link:label>
<link:label id="lab_us-gaap_IncomeStatementLocationAxis_43E4E4C9DC5A1B3DCF30CA05B7592804_label_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationAxis_43E4E4C9DC5A1B3DCF30CA05B7592804" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Statement Location [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeStatementLocationAxis" xlink:label="loc_us-gaap_IncomeStatementLocationAxis_43E4E4C9DC5A1B3DCF30CA05B7592804" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementLocationAxis_43E4E4C9DC5A1B3DCF30CA05B7592804" xlink:to="lab_us-gaap_IncomeStatementLocationAxis_43E4E4C9DC5A1B3DCF30CA05B7592804" xlink:type="arc"/>
<link:label id="lab_us-gaap_IncomeStatementLocationDomain_8E7529373C11D300DB64CA05B7598073_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationDomain_8E7529373C11D300DB64CA05B7598073" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income Statement Location [Domain] </link:label>
<link:label id="lab_us-gaap_IncomeStatementLocationDomain_8E7529373C11D300DB64CA05B7598073_label_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationDomain_8E7529373C11D300DB64CA05B7598073" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Statement Location [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="loc_us-gaap_IncomeStatementLocationDomain_8E7529373C11D300DB64CA05B7598073" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementLocationDomain_8E7529373C11D300DB64CA05B7598073" xlink:to="lab_us-gaap_IncomeStatementLocationDomain_8E7529373C11D300DB64CA05B7598073" xlink:type="arc"/>
<link:label id="lab_bk_InvestmentandOtherIncomeMember_68D460FBDDCF91613AA4CA05B759A1EF_terseLabel_en-US" xlink:label="lab_bk_InvestmentandOtherIncomeMember_68D460FBDDCF91613AA4CA05B759A1EF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investment and other income </link:label>
<link:label id="lab_bk_InvestmentandOtherIncomeMember_68D460FBDDCF91613AA4CA05B759A1EF_label_en-US" xlink:label="lab_bk_InvestmentandOtherIncomeMember_68D460FBDDCF91613AA4CA05B759A1EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investment and Other Income [Member] </link:label>
<link:label id="lab_bk_InvestmentandOtherIncomeMember_68D460FBDDCF91613AA4CA05B759A1EF_documentation_en-US" xlink:label="lab_bk_InvestmentandOtherIncomeMember_68D460FBDDCF91613AA4CA05B759A1EF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Investment and Other Income [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_InvestmentandOtherIncomeMember" xlink:label="loc_bk_InvestmentandOtherIncomeMember_68D460FBDDCF91613AA4CA05B759A1EF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_InvestmentandOtherIncomeMember_68D460FBDDCF91613AA4CA05B759A1EF" xlink:to="lab_bk_InvestmentandOtherIncomeMember_68D460FBDDCF91613AA4CA05B759A1EF" xlink:type="arc"/>
<link:label id="lab_bk_ForeignExchangeAndOtherTradingMember_D9905B3A76E4352E8FA0CA05B759527C_terseLabel_en-US" xlink:label="lab_bk_ForeignExchangeAndOtherTradingMember_D9905B3A76E4352E8FA0CA05B759527C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign exchange and other trading revenue </link:label>
<link:label id="lab_bk_ForeignExchangeAndOtherTradingMember_D9905B3A76E4352E8FA0CA05B759527C_label_en-US" xlink:label="lab_bk_ForeignExchangeAndOtherTradingMember_D9905B3A76E4352E8FA0CA05B759527C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign Exchange And Other Trading [Member] </link:label>
<link:label id="lab_bk_ForeignExchangeAndOtherTradingMember_D9905B3A76E4352E8FA0CA05B759527C_documentation_en-US" xlink:label="lab_bk_ForeignExchangeAndOtherTradingMember_D9905B3A76E4352E8FA0CA05B759527C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Foreign Exchange And Other Trading [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ForeignExchangeAndOtherTradingMember" xlink:label="loc_bk_ForeignExchangeAndOtherTradingMember_D9905B3A76E4352E8FA0CA05B759527C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueOptionChangesInFairValueGainLoss1_6F48BECA942FAA3E8A1ACA05B759B9BF_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueOptionChangesInFairValueGainLoss1_6F48BECA942FAA3E8A1ACA05B759B9BF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gain (loss) change in fair value </link:label>
<link:label id="lab_us-gaap_FairValueOptionChangesInFairValueGainLoss1_6F48BECA942FAA3E8A1ACA05B759B9BF_label_en-US" xlink:label="lab_us-gaap_FairValueOptionChangesInFairValueGainLoss1_6F48BECA942FAA3E8A1ACA05B759B9BF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Option, Changes in Fair Value, Gain (Loss) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueOptionChangesInFairValueGainLoss1" xlink:label="loc_us-gaap_FairValueOptionChangesInFairValueGainLoss1_6F48BECA942FAA3E8A1ACA05B759B9BF" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AdjustmentsForChangeInAccountingPrincipleAxis_908A998856FAB75E6472CA05BB167133_terseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentsForChangeInAccountingPrincipleAxis_908A998856FAB75E6472CA05BB167133" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Adjustments for Change in Accounting Principle [Axis] </link:label>
<link:label id="lab_us-gaap_AdjustmentsForChangeInAccountingPrincipleAxis_908A998856FAB75E6472CA05BB167133_label_en-US" xlink:label="lab_us-gaap_AdjustmentsForChangeInAccountingPrincipleAxis_908A998856FAB75E6472CA05BB167133" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Adjustments for Change in Accounting Principle [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AdjustmentsForChangeInAccountingPrincipleAxis" xlink:label="loc_us-gaap_AdjustmentsForChangeInAccountingPrincipleAxis_908A998856FAB75E6472CA05BB167133" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ChangeInAccountingPrincipleMember_9A40F9557B23A7C6515ACA05BB168D7B_terseLabel_en-US" xlink:label="lab_us-gaap_ChangeInAccountingPrincipleMember_9A40F9557B23A7C6515ACA05BB168D7B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Adjustments for Change in Accounting Principle [Domain] </link:label>
<link:label id="lab_us-gaap_ChangeInAccountingPrincipleMember_9A40F9557B23A7C6515ACA05BB168D7B_label_en-US" xlink:label="lab_us-gaap_ChangeInAccountingPrincipleMember_9A40F9557B23A7C6515ACA05BB168D7B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Adjustments for Change in Accounting Principle [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ChangeInAccountingPrincipleMember" xlink:label="loc_us-gaap_ChangeInAccountingPrincipleMember_9A40F9557B23A7C6515ACA05BB168D7B" xlink:type="locator"/>
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<link:label id="lab_bk_ChangeFromThePrepaymentMethodToTheContractualMethodMember_8111F2A400C5FE4A7291CA05BB16CA99_terseLabel_en-US" xlink:label="lab_bk_ChangeFromThePrepaymentMethodToTheContractualMethodMember_8111F2A400C5FE4A7291CA05BB16CA99" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change trom the Prepayment Method to the Contractual Method </link:label>
<link:label id="lab_bk_ChangeFromThePrepaymentMethodToTheContractualMethodMember_8111F2A400C5FE4A7291CA05BB16CA99_label_en-US" xlink:label="lab_bk_ChangeFromThePrepaymentMethodToTheContractualMethodMember_8111F2A400C5FE4A7291CA05BB16CA99" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Change From The Prepayment Method To The Contractual Method [Member] </link:label>
<link:label id="lab_bk_ChangeFromThePrepaymentMethodToTheContractualMethodMember_8111F2A400C5FE4A7291CA05BB16CA99_documentation_en-US" xlink:label="lab_bk_ChangeFromThePrepaymentMethodToTheContractualMethodMember_8111F2A400C5FE4A7291CA05BB16CA99" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Change From The Prepayment Method To The Contractual Method [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ChangeFromThePrepaymentMethodToTheContractualMethodMember" xlink:label="loc_bk_ChangeFromThePrepaymentMethodToTheContractualMethodMember_8111F2A400C5FE4A7291CA05BB16CA99" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CommercialLoanMember_C5F9B76B1B57FCD7E8F0CA05BB164BF1_terseLabel_en-US" xlink:label="lab_us-gaap_CommercialLoanMember_C5F9B76B1B57FCD7E8F0CA05BB164BF1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Commercial Loan </link:label>
<link:label id="lab_us-gaap_CommercialLoanMember_C5F9B76B1B57FCD7E8F0CA05BB164BF1_label_en-US" xlink:label="lab_us-gaap_CommercialLoanMember_C5F9B76B1B57FCD7E8F0CA05BB164BF1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commercial Loan [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommercialLoanMember" xlink:label="loc_us-gaap_CommercialLoanMember_C5F9B76B1B57FCD7E8F0CA05BB164BF1" xlink:type="locator"/>
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<link:label id="lab_bk_FirstLienResidentialMortgageMember_7E57AC3E14B2B1E58C8ECA05BB17FE7A_terseLabel_en-US" xlink:label="lab_bk_FirstLienResidentialMortgageMember_7E57AC3E14B2B1E58C8ECA05BB17FE7A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> First Lien Residential Mortgage </link:label>
<link:label id="lab_bk_FirstLienResidentialMortgageMember_7E57AC3E14B2B1E58C8ECA05BB17FE7A_label_en-US" xlink:label="lab_bk_FirstLienResidentialMortgageMember_7E57AC3E14B2B1E58C8ECA05BB17FE7A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> First Lien Residential Mortgage [Member] </link:label>
<link:label id="lab_bk_FirstLienResidentialMortgageMember_7E57AC3E14B2B1E58C8ECA05BB17FE7A_documentation_en-US" xlink:label="lab_bk_FirstLienResidentialMortgageMember_7E57AC3E14B2B1E58C8ECA05BB17FE7A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> First Lien Residential Mortgage [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_FirstLienResidentialMortgageMember" xlink:label="loc_bk_FirstLienResidentialMortgageMember_7E57AC3E14B2B1E58C8ECA05BB17FE7A" xlink:type="locator"/>
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<link:label id="lab_bk_SecondLienResidentialMortgageMember_73330B9DF24385E0FAB7CA05BB17074E_terseLabel_en-US" xlink:label="lab_bk_SecondLienResidentialMortgageMember_73330B9DF24385E0FAB7CA05BB17074E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Second Lien Residential Mortgage </link:label>
<link:label id="lab_bk_SecondLienResidentialMortgageMember_73330B9DF24385E0FAB7CA05BB17074E_label_en-US" xlink:label="lab_bk_SecondLienResidentialMortgageMember_73330B9DF24385E0FAB7CA05BB17074E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Second Lien Residential Mortgage [Member] </link:label>
<link:label id="lab_bk_SecondLienResidentialMortgageMember_73330B9DF24385E0FAB7CA05BB17074E_documentation_en-US" xlink:label="lab_bk_SecondLienResidentialMortgageMember_73330B9DF24385E0FAB7CA05BB17074E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Second Lien Residential Mortgage [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_SecondLienResidentialMortgageMember" xlink:label="loc_bk_SecondLienResidentialMortgageMember_73330B9DF24385E0FAB7CA05BB17074E" xlink:type="locator"/>
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<link:label id="lab_bk_NumberOfPrincipalBusinesses_341E150AA569F7027F57CA05BB177F24_terseLabel_en-US" xlink:label="lab_bk_NumberOfPrincipalBusinesses_341E150AA569F7027F57CA05BB177F24" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Number of principal businesses (segment) </link:label>
<link:label id="lab_bk_NumberOfPrincipalBusinesses_341E150AA569F7027F57CA05BB177F24_label_en-US" xlink:label="lab_bk_NumberOfPrincipalBusinesses_341E150AA569F7027F57CA05BB177F24" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Number Of Principal Businesses </link:label>
<link:label id="lab_bk_NumberOfPrincipalBusinesses_341E150AA569F7027F57CA05BB177F24_documentation_en-US" xlink:label="lab_bk_NumberOfPrincipalBusinesses_341E150AA569F7027F57CA05BB177F24" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Number of Principal Businesses </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_NumberOfPrincipalBusinesses" xlink:label="loc_bk_NumberOfPrincipalBusinesses_341E150AA569F7027F57CA05BB177F24" xlink:type="locator"/>
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<link:label id="lab_bk_ThresholdPeriodPastDueforDelinquentandNonaccrualStatusFinancingReceivable_4DAC01F5A40EC07FD729CA05BB175059_terseLabel_en-US" xlink:label="lab_bk_ThresholdPeriodPastDueforDelinquentandNonaccrualStatusFinancingReceivable_4DAC01F5A40EC07FD729CA05BB175059" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Threshold period past due for nonaccrual status </link:label>
<link:label id="lab_bk_ThresholdPeriodPastDueforDelinquentandNonaccrualStatusFinancingReceivable_4DAC01F5A40EC07FD729CA05BB175059_label_en-US" xlink:label="lab_bk_ThresholdPeriodPastDueforDelinquentandNonaccrualStatusFinancingReceivable_4DAC01F5A40EC07FD729CA05BB175059" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Threshold Period Past Due for Delinquent and Nonaccrual Status, Financing Receivable </link:label>
<link:label id="lab_bk_ThresholdPeriodPastDueforDelinquentandNonaccrualStatusFinancingReceivable_4DAC01F5A40EC07FD729CA05BB175059_documentation_en-US" xlink:label="lab_bk_ThresholdPeriodPastDueforDelinquentandNonaccrualStatusFinancingReceivable_4DAC01F5A40EC07FD729CA05BB175059" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Threshold Period Past Due for Delinquent and Nonaccrual Status, Financing Receivable </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ThresholdPeriodPastDueforDelinquentandNonaccrualStatusFinancingReceivable" xlink:label="loc_bk_ThresholdPeriodPastDueforDelinquentandNonaccrualStatusFinancingReceivable_4DAC01F5A40EC07FD729CA05BB175059" xlink:type="locator"/>
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<link:label id="lab_bk_ThresholdPeriodPastDueSubjecttoImpairmentTestFinancingReceivable_84ED0D9F9B29A02AE534CA05BB179C15_terseLabel_en-US" xlink:label="lab_bk_ThresholdPeriodPastDueSubjecttoImpairmentTestFinancingReceivable_84ED0D9F9B29A02AE534CA05BB179C15" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Threshold period past due subject to impairment test </link:label>
<link:label id="lab_bk_ThresholdPeriodPastDueSubjecttoImpairmentTestFinancingReceivable_84ED0D9F9B29A02AE534CA05BB179C15_label_en-US" xlink:label="lab_bk_ThresholdPeriodPastDueSubjecttoImpairmentTestFinancingReceivable_84ED0D9F9B29A02AE534CA05BB179C15" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Threshold Period Past Due Subject to Impairment Test, Financing Receivable </link:label>
<link:label id="lab_bk_ThresholdPeriodPastDueSubjecttoImpairmentTestFinancingReceivable_84ED0D9F9B29A02AE534CA05BB179C15_documentation_en-US" xlink:label="lab_bk_ThresholdPeriodPastDueSubjecttoImpairmentTestFinancingReceivable_84ED0D9F9B29A02AE534CA05BB179C15" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Threshold Period Past Due Subject to Impairment Test, Financing Receivable </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ThresholdPeriodPastDueSubjecttoImpairmentTestFinancingReceivable" xlink:label="loc_bk_ThresholdPeriodPastDueSubjecttoImpairmentTestFinancingReceivable_84ED0D9F9B29A02AE534CA05BB179C15" xlink:type="locator"/>
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<link:label id="lab_bk_ThresholdPeriodPastDueSubjecttoFurtherImpairmentTestingFinancingReceivable_FA380437AC3C338EE091CA05BB1777EB_terseLabel_en-US" xlink:label="lab_bk_ThresholdPeriodPastDueSubjecttoFurtherImpairmentTestingFinancingReceivable_FA380437AC3C338EE091CA05BB1777EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Threshold period past due subject to further impairment testing </link:label>
<link:label id="lab_bk_ThresholdPeriodPastDueSubjecttoFurtherImpairmentTestingFinancingReceivable_FA380437AC3C338EE091CA05BB1777EB_label_en-US" xlink:label="lab_bk_ThresholdPeriodPastDueSubjecttoFurtherImpairmentTestingFinancingReceivable_FA380437AC3C338EE091CA05BB1777EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Threshold Period Past Due Subject to Further Impairment Testing, Financing Receivable </link:label>
<link:label id="lab_bk_ThresholdPeriodPastDueSubjecttoFurtherImpairmentTestingFinancingReceivable_FA380437AC3C338EE091CA05BB1777EB_documentation_en-US" xlink:label="lab_bk_ThresholdPeriodPastDueSubjecttoFurtherImpairmentTestingFinancingReceivable_FA380437AC3C338EE091CA05BB1777EB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Threshold Period Past Due Subject to Further Impairment Testing, Financing Receivable </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ThresholdPeriodPastDueSubjecttoFurtherImpairmentTestingFinancingReceivable" xlink:label="loc_bk_ThresholdPeriodPastDueSubjecttoFurtherImpairmentTestingFinancingReceivable_FA380437AC3C338EE091CA05BB1777EB" xlink:type="locator"/>
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<link:label id="lab_bk_MinimumLoanAmountRequiredToMeasureImpairmentAllowance_53B0AD2D228F4FB46CB7CA05BB17BC88_terseLabel_en-US" xlink:label="lab_bk_MinimumLoanAmountRequiredToMeasureImpairmentAllowance_53B0AD2D228F4FB46CB7CA05BB17BC88" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Minimum loan amount required to measure impairment allowance </link:label>
<link:label id="lab_bk_MinimumLoanAmountRequiredToMeasureImpairmentAllowance_53B0AD2D228F4FB46CB7CA05BB17BC88_label_en-US" xlink:label="lab_bk_MinimumLoanAmountRequiredToMeasureImpairmentAllowance_53B0AD2D228F4FB46CB7CA05BB17BC88" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Minimum Loan Amount Required To Measure Impairment Allowance </link:label>
<link:label id="lab_bk_MinimumLoanAmountRequiredToMeasureImpairmentAllowance_53B0AD2D228F4FB46CB7CA05BB17BC88_documentation_en-US" xlink:label="lab_bk_MinimumLoanAmountRequiredToMeasureImpairmentAllowance_53B0AD2D228F4FB46CB7CA05BB17BC88" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Minimum Loan Amount Required to Measure Impairment Allowance </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_MinimumLoanAmountRequiredToMeasureImpairmentAllowance" xlink:label="loc_bk_MinimumLoanAmountRequiredToMeasureImpairmentAllowance_53B0AD2D228F4FB46CB7CA05BB17BC88" xlink:type="locator"/>
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<link:label id="lab_bk_MinimumAmountOfMajorityOfLoansPrimarilyToInstitutionalCustomers_2E32DA25ECAB8F600C87CA05BB182322_terseLabel_en-US" xlink:label="lab_bk_MinimumAmountOfMajorityOfLoansPrimarilyToInstitutionalCustomers_2E32DA25ECAB8F600C87CA05BB182322" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Minimum amount of majority of loans primarily to institutional customers </link:label>
<link:label id="lab_bk_MinimumAmountOfMajorityOfLoansPrimarilyToInstitutionalCustomers_2E32DA25ECAB8F600C87CA05BB182322_label_en-US" xlink:label="lab_bk_MinimumAmountOfMajorityOfLoansPrimarilyToInstitutionalCustomers_2E32DA25ECAB8F600C87CA05BB182322" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Minimum Amount Of Majority Of Loans Primarily To Institutional Customers </link:label>
<link:label id="lab_bk_MinimumAmountOfMajorityOfLoansPrimarilyToInstitutionalCustomers_2E32DA25ECAB8F600C87CA05BB182322_documentation_en-US" xlink:label="lab_bk_MinimumAmountOfMajorityOfLoansPrimarilyToInstitutionalCustomers_2E32DA25ECAB8F600C87CA05BB182322" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Minimum amount of majority of loans, primarily to institutional customers </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_MinimumAmountOfMajorityOfLoansPrimarilyToInstitutionalCustomers" xlink:label="loc_bk_MinimumAmountOfMajorityOfLoansPrimarilyToInstitutionalCustomers_2E32DA25ECAB8F600C87CA05BB182322" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_69916F4AFB237F0A9247CA05BB1829C5_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_69916F4AFB237F0A9247CA05BB1829C5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Premises and equipment, useful life (in years) </link:label>
<link:label id="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_69916F4AFB237F0A9247CA05BB1829C5_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_69916F4AFB237F0A9247CA05BB1829C5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Property, Plant and Equipment, Useful Life </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentUsefulLife" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentUsefulLife_69916F4AFB237F0A9247CA05BB1829C5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentUsefulLife_69916F4AFB237F0A9247CA05BB1829C5" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_69916F4AFB237F0A9247CA05BB1829C5" xlink:type="arc"/>
<link:label id="lab_bk_MaximumPercentageOfActuarialGainOrLossInExcessOfGreaterOfProjectedBenefitObligationOrMarketRelatedValueOfPlanAssets_B94DA0A38CB8B55A9354CA05BB185BEC_terseLabel_en-US" xlink:label="lab_bk_MaximumPercentageOfActuarialGainOrLossInExcessOfGreaterOfProjectedBenefitObligationOrMarketRelatedValueOfPlanAssets_B94DA0A38CB8B55A9354CA05BB185BEC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Maximum percentage of excess actuarial gain or loss before excess is recognized (percentage) </link:label>
<link:label id="lab_bk_MaximumPercentageOfActuarialGainOrLossInExcessOfGreaterOfProjectedBenefitObligationOrMarketRelatedValueOfPlanAssets_B94DA0A38CB8B55A9354CA05BB185BEC_label_en-US" xlink:label="lab_bk_MaximumPercentageOfActuarialGainOrLossInExcessOfGreaterOfProjectedBenefitObligationOrMarketRelatedValueOfPlanAssets_B94DA0A38CB8B55A9354CA05BB185BEC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Maximum Percentage Of Actuarial Gain Or Loss In Excess Of Greater Of Projected Benefit Obligation Or Market Related Value Of Plan Assets </link:label>
<link:label id="lab_bk_MaximumPercentageOfActuarialGainOrLossInExcessOfGreaterOfProjectedBenefitObligationOrMarketRelatedValueOfPlanAssets_B94DA0A38CB8B55A9354CA05BB185BEC_documentation_en-US" xlink:label="lab_bk_MaximumPercentageOfActuarialGainOrLossInExcessOfGreaterOfProjectedBenefitObligationOrMarketRelatedValueOfPlanAssets_B94DA0A38CB8B55A9354CA05BB185BEC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Maximum percentage of actuarial gain or loss in excess of the greater of projected benefit obligation or market-related value of plan assets, after which the excess is recognized over the future service period of employees. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_MaximumPercentageOfActuarialGainOrLossInExcessOfGreaterOfProjectedBenefitObligationOrMarketRelatedValueOfPlanAssets" xlink:label="loc_bk_MaximumPercentageOfActuarialGainOrLossInExcessOfGreaterOfProjectedBenefitObligationOrMarketRelatedValueOfPlanAssets_B94DA0A38CB8B55A9354CA05BB185BEC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_MaximumPercentageOfActuarialGainOrLossInExcessOfGreaterOfProjectedBenefitObligationOrMarketRelatedValueOfPlanAssets_B94DA0A38CB8B55A9354CA05BB185BEC" xlink:to="lab_bk_MaximumPercentageOfActuarialGainOrLossInExcessOfGreaterOfProjectedBenefitObligationOrMarketRelatedValueOfPlanAssets_B94DA0A38CB8B55A9354CA05BB185BEC" xlink:type="arc"/>
<link:label id="lab_bk_PeriodOfTimeToAmortizeUnrecognizedGainsOrLossesForPensionPlansWithInactiveParticipants_662C41FA79CD19A7F182CA05BB186D6B_terseLabel_en-US" xlink:label="lab_bk_PeriodOfTimeToAmortizeUnrecognizedGainsOrLossesForPensionPlansWithInactiveParticipants_662C41FA79CD19A7F182CA05BB186D6B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Period of time to amortize unrecognized gains or losses for pension plans with inactive participants (years) </link:label>
<link:label id="lab_bk_PeriodOfTimeToAmortizeUnrecognizedGainsOrLossesForPensionPlansWithInactiveParticipants_662C41FA79CD19A7F182CA05BB186D6B_label_en-US" xlink:label="lab_bk_PeriodOfTimeToAmortizeUnrecognizedGainsOrLossesForPensionPlansWithInactiveParticipants_662C41FA79CD19A7F182CA05BB186D6B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Period Of Time To Amortize Unrecognized Gains Or Losses For Pension Plans With Inactive Participants </link:label>
<link:label id="lab_bk_PeriodOfTimeToAmortizeUnrecognizedGainsOrLossesForPensionPlansWithInactiveParticipants_662C41FA79CD19A7F182CA05BB186D6B_documentation_en-US" xlink:label="lab_bk_PeriodOfTimeToAmortizeUnrecognizedGainsOrLossesForPensionPlansWithInactiveParticipants_662C41FA79CD19A7F182CA05BB186D6B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Period Of Time To Amortize Unrecognized Gains Or Losses For Pension Plans With Inactive Participants </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_PeriodOfTimeToAmortizeUnrecognizedGainsOrLossesForPensionPlansWithInactiveParticipants" xlink:label="loc_bk_PeriodOfTimeToAmortizeUnrecognizedGainsOrLossesForPensionPlansWithInactiveParticipants_662C41FA79CD19A7F182CA05BB186D6B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_PeriodOfTimeToAmortizeUnrecognizedGainsOrLossesForPensionPlansWithInactiveParticipants_662C41FA79CD19A7F182CA05BB186D6B" xlink:to="lab_bk_PeriodOfTimeToAmortizeUnrecognizedGainsOrLossesForPensionPlansWithInactiveParticipants_662C41FA79CD19A7F182CA05BB186D6B" xlink:type="arc"/>
<link:label id="lab_bk_PeriodOfTimeThatDifferenceOfExpectedReturnOnPlanAssetsVersusActualPerformanceOfPlanAssetsIncludedAsAdjustmentInMarketRelatedValue_E1A708FAF1A162CEEB00CA05BB1898A3_terseLabel_en-US" xlink:label="lab_bk_PeriodOfTimeThatDifferenceOfExpectedReturnOnPlanAssetsVersusActualPerformanceOfPlanAssetsIncludedAsAdjustmentInMarketRelatedValue_E1A708FAF1A162CEEB00CA05BB1898A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Period of time that difference of expected return on plan assets vs. actual performance of plan assets included as adjustment in market related value (years) </link:label>
<link:label id="lab_bk_PeriodOfTimeThatDifferenceOfExpectedReturnOnPlanAssetsVersusActualPerformanceOfPlanAssetsIncludedAsAdjustmentInMarketRelatedValue_E1A708FAF1A162CEEB00CA05BB1898A3_label_en-US" xlink:label="lab_bk_PeriodOfTimeThatDifferenceOfExpectedReturnOnPlanAssetsVersusActualPerformanceOfPlanAssetsIncludedAsAdjustmentInMarketRelatedValue_E1A708FAF1A162CEEB00CA05BB1898A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Period Of Time That Difference Of Expected Return On Plan Assets Versus Actual Performance Of Plan Assets Included As Adjustment In Market Related Value </link:label>
<link:label id="lab_bk_PeriodOfTimeThatDifferenceOfExpectedReturnOnPlanAssetsVersusActualPerformanceOfPlanAssetsIncludedAsAdjustmentInMarketRelatedValue_E1A708FAF1A162CEEB00CA05BB1898A3_documentation_en-US" xlink:label="lab_bk_PeriodOfTimeThatDifferenceOfExpectedReturnOnPlanAssetsVersusActualPerformanceOfPlanAssetsIncludedAsAdjustmentInMarketRelatedValue_E1A708FAF1A162CEEB00CA05BB1898A3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Period of time that the difference of expected return on pension plan assets vs. the actual performance of pension plan assets is included as an adjustment in the market-related value. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_PeriodOfTimeThatDifferenceOfExpectedReturnOnPlanAssetsVersusActualPerformanceOfPlanAssetsIncludedAsAdjustmentInMarketRelatedValue" xlink:label="loc_bk_PeriodOfTimeThatDifferenceOfExpectedReturnOnPlanAssetsVersusActualPerformanceOfPlanAssetsIncludedAsAdjustmentInMarketRelatedValue_E1A708FAF1A162CEEB00CA05BB1898A3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_PeriodOfTimeThatDifferenceOfExpectedReturnOnPlanAssetsVersusActualPerformanceOfPlanAssetsIncludedAsAdjustmentInMarketRelatedValue_E1A708FAF1A162CEEB00CA05BB1898A3" xlink:to="lab_bk_PeriodOfTimeThatDifferenceOfExpectedReturnOnPlanAssetsVersusActualPerformanceOfPlanAssetsIncludedAsAdjustmentInMarketRelatedValue_E1A708FAF1A162CEEB00CA05BB1898A3" xlink:type="arc"/>
<link:label id="lab_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_BD83E05D81E540AE1437CA05BA30686A_terseLabel_en-US" xlink:label="lab_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_BD83E05D81E540AE1437CA05BA30686A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Unrecognized Tax Benefits [Roll Forward] </link:label>
<link:label id="lab_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_BD83E05D81E540AE1437CA05BA30686A_label_en-US" xlink:label="lab_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_BD83E05D81E540AE1437CA05BA30686A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward" xlink:label="loc_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_BD83E05D81E540AE1437CA05BA30686A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_UnrecognizedTaxBenefits_F843D894045C4668F4DFCA05BA309E68_periodStartLabel_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefits_F843D894045C4668F4DFCA05BA309E68" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Beginning balance </link:label>
<link:label id="lab_us-gaap_UnrecognizedTaxBenefits_F843D894045C4668F4DFCA05BA309E68_label_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefits_F843D894045C4668F4DFCA05BA309E68" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Unrecognized Tax Benefits </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_UnrecognizedTaxBenefits" xlink:label="loc_us-gaap_UnrecognizedTaxBenefits_F843D894045C4668F4DFCA05BA309E68" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnrecognizedTaxBenefits_F843D894045C4668F4DFCA05BA309E68" xlink:to="lab_us-gaap_UnrecognizedTaxBenefits_F843D894045C4668F4DFCA05BA309E68" xlink:type="arc"/>
<link:label id="lab_bk_UnrecognizedTaxBenefitsPriorPeriodTaxPositionsAbstract_494591C071DEF0FDC774CA05BA30DBF3_terseLabel_en-US" xlink:label="lab_bk_UnrecognizedTaxBenefitsPriorPeriodTaxPositionsAbstract_494591C071DEF0FDC774CA05BA30DBF3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Prior period tax positions: </link:label>
<link:label id="lab_bk_UnrecognizedTaxBenefitsPriorPeriodTaxPositionsAbstract_494591C071DEF0FDC774CA05BA30DBF3_label_en-US" xlink:label="lab_bk_UnrecognizedTaxBenefitsPriorPeriodTaxPositionsAbstract_494591C071DEF0FDC774CA05BA30DBF3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Unrecognized Tax Benefits Prior Period Tax Positions [Abstract] </link:label>
<link:label id="lab_bk_UnrecognizedTaxBenefitsPriorPeriodTaxPositionsAbstract_494591C071DEF0FDC774CA05BA30DBF3_documentation_en-US" xlink:label="lab_bk_UnrecognizedTaxBenefitsPriorPeriodTaxPositionsAbstract_494591C071DEF0FDC774CA05BA30DBF3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Unrecognized Tax Benefits, Prior Period Tax Positions [Abstract] </link:label>
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<link:label id="lab_us-gaap_CustomerContractsMember_AC3CC514289B5DFBA500CA05BA74AFC8_label_en-US" xlink:label="lab_us-gaap_CustomerContractsMember_AC3CC514289B5DFBA500CA05BA74AFC8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Customer Contracts [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CustomerContractsMember" xlink:label="loc_us-gaap_CustomerContractsMember_AC3CC514289B5DFBA500CA05BA74AFC8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CustomerContractsMember_AC3CC514289B5DFBA500CA05BA74AFC8" xlink:to="lab_us-gaap_CustomerContractsMember_AC3CC514289B5DFBA500CA05BA74AFC8" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherIntangibleAssetsMember_656076FC53E07EECA5A9CA05BA743351_terseLabel_en-US" xlink:label="lab_us-gaap_OtherIntangibleAssetsMember_656076FC53E07EECA5A9CA05BA743351" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other </link:label>
<link:label id="lab_us-gaap_OtherIntangibleAssetsMember_656076FC53E07EECA5A9CA05BA743351_label_en-US" xlink:label="lab_us-gaap_OtherIntangibleAssetsMember_656076FC53E07EECA5A9CA05BA743351" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Intangible Assets [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherIntangibleAssetsMember" xlink:label="loc_us-gaap_OtherIntangibleAssetsMember_656076FC53E07EECA5A9CA05BA743351" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherIntangibleAssetsMember_656076FC53E07EECA5A9CA05BA743351" xlink:to="lab_us-gaap_OtherIntangibleAssetsMember_656076FC53E07EECA5A9CA05BA743351" xlink:type="arc"/>
<link:label id="lab_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis_C1B815F5308DC5DF8A3BCA05BA7484E7_terseLabel_en-US" xlink:label="lab_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis_C1B815F5308DC5DF8A3BCA05BA7484E7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Indefinite-lived Intangible Assets [Axis] </link:label>
<link:label id="lab_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis_C1B815F5308DC5DF8A3BCA05BA7484E7_label_en-US" xlink:label="lab_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis_C1B815F5308DC5DF8A3BCA05BA7484E7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Indefinite-lived Intangible Assets [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis" xlink:label="loc_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis_C1B815F5308DC5DF8A3BCA05BA7484E7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis_C1B815F5308DC5DF8A3BCA05BA7484E7" xlink:to="lab_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis_C1B815F5308DC5DF8A3BCA05BA7484E7" xlink:type="arc"/>
<link:label id="lab_us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain_E414DD8E556527449C46CA05BA7401DA_terseLabel_en-US" xlink:label="lab_us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain_E414DD8E556527449C46CA05BA7401DA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Indefinite-lived Intangible Assets, Major Class Name [Domain] </link:label>
<link:label id="lab_us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain_E414DD8E556527449C46CA05BA7401DA_label_en-US" xlink:label="lab_us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain_E414DD8E556527449C46CA05BA7401DA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Indefinite-lived Intangible Assets, Major Class Name [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain" xlink:label="loc_us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain_E414DD8E556527449C46CA05BA7401DA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain_E414DD8E556527449C46CA05BA7401DA" xlink:to="lab_us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain_E414DD8E556527449C46CA05BA7401DA" xlink:type="arc"/>
<link:label id="lab_us-gaap_TradeNamesMember_63D2DE0CF11887C556B8CA05BA74E2F6_terseLabel_en-US" xlink:label="lab_us-gaap_TradeNamesMember_63D2DE0CF11887C556B8CA05BA74E2F6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Tradenames </link:label>
<link:label id="lab_us-gaap_TradeNamesMember_63D2DE0CF11887C556B8CA05BA74E2F6_label_en-US" xlink:label="lab_us-gaap_TradeNamesMember_63D2DE0CF11887C556B8CA05BA74E2F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trade Names [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TradeNamesMember" xlink:label="loc_us-gaap_TradeNamesMember_63D2DE0CF11887C556B8CA05BA74E2F6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TradeNamesMember_63D2DE0CF11887C556B8CA05BA74E2F6" xlink:to="lab_us-gaap_TradeNamesMember_63D2DE0CF11887C556B8CA05BA74E2F6" xlink:type="arc"/>
<link:label id="lab_us-gaap_WeightedAverageMember_51749E5DAC0BA68A8281CA05BA75D601_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageMember_51749E5DAC0BA68A8281CA05BA75D601" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Weighted Average </link:label>
<link:label id="lab_us-gaap_WeightedAverageMember_51749E5DAC0BA68A8281CA05BA75D601_label_en-US" xlink:label="lab_us-gaap_WeightedAverageMember_51749E5DAC0BA68A8281CA05BA75D601" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Weighted Average [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_WeightedAverageMember" xlink:label="loc_us-gaap_WeightedAverageMember_51749E5DAC0BA68A8281CA05BA75D601" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageMember_51749E5DAC0BA68A8281CA05BA75D601" xlink:to="lab_us-gaap_WeightedAverageMember_51749E5DAC0BA68A8281CA05BA75D601" xlink:type="arc"/>
<link:label id="lab_us-gaap_IntangibleAssetsGrossExcludingGoodwill_F27FA275C4FD53A30251CA05BA75A128_terseLabel_en-US" xlink:label="lab_us-gaap_IntangibleAssetsGrossExcludingGoodwill_F27FA275C4FD53A30251CA05BA75A128" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gross carrying amount </link:label>
<link:label id="lab_us-gaap_IntangibleAssetsGrossExcludingGoodwill_F27FA275C4FD53A30251CA05BA75A128_label_en-US" xlink:label="lab_us-gaap_IntangibleAssetsGrossExcludingGoodwill_F27FA275C4FD53A30251CA05BA75A128" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Intangible Assets, Gross (Excluding Goodwill) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IntangibleAssetsGrossExcludingGoodwill" xlink:label="loc_us-gaap_IntangibleAssetsGrossExcludingGoodwill_F27FA275C4FD53A30251CA05BA75A128" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IntangibleAssetsGrossExcludingGoodwill_F27FA275C4FD53A30251CA05BA75A128" xlink:to="lab_us-gaap_IntangibleAssetsGrossExcludingGoodwill_F27FA275C4FD53A30251CA05BA75A128" xlink:type="arc"/>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_A5E85E7FD0FA2B6E7059CA05BA75A9AE_negatedLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_A5E85E7FD0FA2B6E7059CA05BA75A9AE" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Accumulated amortization </link:label>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_A5E85E7FD0FA2B6E7059CA05BA75A9AE_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_A5E85E7FD0FA2B6E7059CA05BA75A9AE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets, Accumulated Amortization </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_A5E85E7FD0FA2B6E7059CA05BA75A9AE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_A5E85E7FD0FA2B6E7059CA05BA75A9AE" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_A5E85E7FD0FA2B6E7059CA05BA75A9AE" xlink:type="arc"/>
<link:label id="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_4CF6318A06F58F3341ECCA05BA75B371_totalLabel_en-US" xlink:label="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_4CF6318A06F58F3341ECCA05BA75B371" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net carrying amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IntangibleAssetsNetExcludingGoodwill" xlink:label="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_4CF6318A06F58F3341ECCA05BA75B371" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_4CF6318A06F58F3341ECCA05BA75B371" xlink:to="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_4CF6318A06F58F3341ECCA05BA75B371" xlink:type="arc"/>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetUsefulLife_2F34492AA99CEA75E8AFCA05BA75AC7C_verboseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetUsefulLife_2F34492AA99CEA75E8AFCA05BA75AC7C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Remaining weighted- average amortization period </link:label>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetUsefulLife_2F34492AA99CEA75E8AFCA05BA75AC7C_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetUsefulLife_2F34492AA99CEA75E8AFCA05BA75AC7C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Asset, Useful Life </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetUsefulLife" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetUsefulLife_2F34492AA99CEA75E8AFCA05BA75AC7C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetUsefulLife_2F34492AA99CEA75E8AFCA05BA75AC7C" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetUsefulLife_2F34492AA99CEA75E8AFCA05BA75AC7C" xlink:type="arc"/>
<link:label id="lab_us-gaap_CondensedBalanceSheetStatementTable_55E372D6CC5E0BF1DDE7CA05B8CB9923_terseLabel_en-US" xlink:label="lab_us-gaap_CondensedBalanceSheetStatementTable_55E372D6CC5E0BF1DDE7CA05B8CB9923" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Condensed Balance Sheet Statement [Table] </link:label>
<link:label id="lab_us-gaap_CondensedBalanceSheetStatementTable_55E372D6CC5E0BF1DDE7CA05B8CB9923_label_en-US" xlink:label="lab_us-gaap_CondensedBalanceSheetStatementTable_55E372D6CC5E0BF1DDE7CA05B8CB9923" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Condensed Balance Sheet Statement [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CondensedBalanceSheetStatementTable" xlink:label="loc_us-gaap_CondensedBalanceSheetStatementTable_55E372D6CC5E0BF1DDE7CA05B8CB9923" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CondensedBalanceSheetStatementTable_55E372D6CC5E0BF1DDE7CA05B8CB9923" xlink:to="lab_us-gaap_CondensedBalanceSheetStatementTable_55E372D6CC5E0BF1DDE7CA05B8CB9923" xlink:type="arc"/>
<link:label id="lab_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_BEED8B107036CDB6C6E2CA05B8CB7073_terseLabel_en-US" xlink:label="lab_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_BEED8B107036CDB6C6E2CA05B8CB7073" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Condensed Balance Sheet Statements, Captions [Line Items] </link:label>
<link:label id="lab_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_BEED8B107036CDB6C6E2CA05B8CB7073_label_en-US" xlink:label="lab_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_BEED8B107036CDB6C6E2CA05B8CB7073" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Condensed Balance Sheet Statements, Captions [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="loc_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_BEED8B107036CDB6C6E2CA05B8CB7073" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CashAndDueFromBanks_BF67C5C24315B7757F41CA05B8CB3CD7_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndDueFromBanks_BF67C5C24315B7757F41CA05B8CB3CD7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash and due from banks </link:label>
<link:label id="lab_us-gaap_CashAndDueFromBanks_BF67C5C24315B7757F41CA05B8CB3CD7_label_en-US" xlink:label="lab_us-gaap_CashAndDueFromBanks_BF67C5C24315B7757F41CA05B8CB3CD7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash and Due from Banks </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndDueFromBanks" xlink:label="loc_us-gaap_CashAndDueFromBanks_BF67C5C24315B7757F41CA05B8CB3CD7" xlink:type="locator"/>
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<link:label id="lab_bk_TotalSecurities_DE7998D67CE9DC1D5BD7CA05B8CC9BBB_terseLabel_en-US" xlink:label="lab_bk_TotalSecurities_DE7998D67CE9DC1D5BD7CA05B8CC9BBB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities </link:label>
<link:label id="lab_bk_TotalSecurities_DE7998D67CE9DC1D5BD7CA05B8CC9BBB_label_en-US" xlink:label="lab_bk_TotalSecurities_DE7998D67CE9DC1D5BD7CA05B8CC9BBB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Total Securities </link:label>
<link:label id="lab_bk_TotalSecurities_DE7998D67CE9DC1D5BD7CA05B8CC9BBB_documentation_en-US" xlink:label="lab_bk_TotalSecurities_DE7998D67CE9DC1D5BD7CA05B8CC9BBB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Total debt and equity financial instruments including: (1) securities held-to-maturity, and (2) securities available-for-sale. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_TotalSecurities" xlink:label="loc_bk_TotalSecurities_DE7998D67CE9DC1D5BD7CA05B8CC9BBB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_TotalSecurities_DE7998D67CE9DC1D5BD7CA05B8CC9BBB" xlink:to="lab_bk_TotalSecurities_DE7998D67CE9DC1D5BD7CA05B8CC9BBB" xlink:type="arc"/>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableNetReportedAmount_202B60C8E0428698F499CA05B8CCE81D_terseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableNetReportedAmount_202B60C8E0428698F499CA05B8CCE81D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans, net of allowance </link:label>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableNetReportedAmount_202B60C8E0428698F499CA05B8CCE81D_label_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableNetReportedAmount_202B60C8E0428698F499CA05B8CCE81D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable, Net Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LoansAndLeasesReceivableNetReportedAmount" xlink:label="loc_us-gaap_LoansAndLeasesReceivableNetReportedAmount_202B60C8E0428698F499CA05B8CCE81D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_B04CBB0A51B941D96D67CA05B8CCB88E_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_B04CBB0A51B941D96D67CA05B8CCB88E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investment in and advances to subsidiaries and associated companies: </link:label>
<link:label id="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_B04CBB0A51B941D96D67CA05B8CCB88E_label_en-US" xlink:label="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_B04CBB0A51B941D96D67CA05B8CCB88E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures </link:label>
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<link:label id="lab_us-gaap_LifeInsuranceCorporateOrBankOwnedAmount_1A0592E2FC4A7C2F47B2CA05B8CC4F17_terseLabel_en-US" xlink:label="lab_us-gaap_LifeInsuranceCorporateOrBankOwnedAmount_1A0592E2FC4A7C2F47B2CA05B8CC4F17" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Corporate-owned life insurance </link:label>
<link:label id="lab_us-gaap_LifeInsuranceCorporateOrBankOwnedAmount_1A0592E2FC4A7C2F47B2CA05B8CC4F17_label_en-US" xlink:label="lab_us-gaap_LifeInsuranceCorporateOrBankOwnedAmount_1A0592E2FC4A7C2F47B2CA05B8CC4F17" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Life Insurance, Corporate or Bank Owned, Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LifeInsuranceCorporateOrBankOwnedAmount" xlink:label="loc_us-gaap_LifeInsuranceCorporateOrBankOwnedAmount_1A0592E2FC4A7C2F47B2CA05B8CC4F17" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherAssets_191909B6F523A7058D3CCA05B8CCD55A_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssets_191909B6F523A7058D3CCA05B8CCD55A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other assets </link:label>
<link:label id="lab_us-gaap_OtherAssets_191909B6F523A7058D3CCA05B8CCD55A_label_en-US" xlink:label="lab_us-gaap_OtherAssets_191909B6F523A7058D3CCA05B8CCD55A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherAssets" xlink:label="loc_us-gaap_OtherAssets_191909B6F523A7058D3CCA05B8CCD55A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_Assets_771AD1D628A0A43A73A1CA05B8CCE30B_totalLabel_en-US" xlink:label="lab_us-gaap_Assets_771AD1D628A0A43A73A1CA05B8CCE30B" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total assets </link:label>
<link:label id="lab_us-gaap_Assets_771AD1D628A0A43A73A1CA05B8CCE30B_label_en-US" xlink:label="lab_us-gaap_Assets_771AD1D628A0A43A73A1CA05B8CCE30B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assets </link:label>
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<link:label id="lab_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_F7BF28498954C6981DF4CA05B8CC1A07_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_F7BF28498954C6981DF4CA05B8CC1A07" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deferred compensation </link:label>
<link:label id="lab_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_F7BF28498954C6981DF4CA05B8CC1A07_label_en-US" xlink:label="lab_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_F7BF28498954C6981DF4CA05B8CC1A07" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred Compensation Liability, Current and Noncurrent </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent" xlink:label="loc_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_F7BF28498954C6981DF4CA05B8CC1A07" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DueToAffiliateCurrentAndNoncurrent_CFAE62F524C159A6707FCA05B8D110CD_terseLabel_en-US" xlink:label="lab_us-gaap_DueToAffiliateCurrentAndNoncurrent_CFAE62F524C159A6707FCA05B8D110CD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Affiliate borrowings </link:label>
<link:label id="lab_us-gaap_DueToAffiliateCurrentAndNoncurrent_CFAE62F524C159A6707FCA05B8D110CD_label_en-US" xlink:label="lab_us-gaap_DueToAffiliateCurrentAndNoncurrent_CFAE62F524C159A6707FCA05B8D110CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Due to Affiliate </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DueToAffiliateCurrentAndNoncurrent" xlink:label="loc_us-gaap_DueToAffiliateCurrentAndNoncurrent_CFAE62F524C159A6707FCA05B8D110CD" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherLiabilities_3B3C407F48F4B3F9FB70CA05B8D11C1E_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilities_3B3C407F48F4B3F9FB70CA05B8D11C1E" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Other liabilities </link:label>
<link:label id="lab_us-gaap_OtherLiabilities_3B3C407F48F4B3F9FB70CA05B8D11C1E_label_en-US" xlink:label="lab_us-gaap_OtherLiabilities_3B3C407F48F4B3F9FB70CA05B8D11C1E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Liabilities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="loc_us-gaap_OtherLiabilities_3B3C407F48F4B3F9FB70CA05B8D11C1E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherLiabilities_3B3C407F48F4B3F9FB70CA05B8D11C1E" xlink:to="lab_us-gaap_OtherLiabilities_3B3C407F48F4B3F9FB70CA05B8D11C1E" xlink:type="arc"/>
<link:label id="lab_us-gaap_LongTermDebt_FA3F90292982BBF867DECA05B8D12C69_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebt_FA3F90292982BBF867DECA05B8D12C69" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Long-term debt </link:label>
<link:label id="lab_us-gaap_LongTermDebt_FA3F90292982BBF867DECA05B8D12C69_label_en-US" xlink:label="lab_us-gaap_LongTermDebt_FA3F90292982BBF867DECA05B8D12C69" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongTermDebt" xlink:label="loc_us-gaap_LongTermDebt_FA3F90292982BBF867DECA05B8D12C69" xlink:type="locator"/>
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<link:label id="lab_us-gaap_Liabilities_2C78C536D0F7C9C0795ECA05B8D2DCCB_totalLabel_en-US" xlink:label="lab_us-gaap_Liabilities_2C78C536D0F7C9C0795ECA05B8D2DCCB" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total liabilities </link:label>
<link:label id="lab_us-gaap_Liabilities_2C78C536D0F7C9C0795ECA05B8D2DCCB_label_en-US" xlink:label="lab_us-gaap_Liabilities_2C78C536D0F7C9C0795ECA05B8D2DCCB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Liabilities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaap_Liabilities_2C78C536D0F7C9C0795ECA05B8D2DCCB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StockholdersEquity_6BB6748E2B7358B10B28CA05B8D2240C_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquity_6BB6748E2B7358B10B28CA05B8D2240C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Shareholders’ equity </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_6BB6748E2B7358B10B28CA05B8D2240C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquity_8802F41EBE3C3F6F46FDCA05B8D22CA0_totalLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity_8802F41EBE3C3F6F46FDCA05B8D22CA0" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total liabilities, temporary equity and permanent equity </link:label>
<link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquity_8802F41EBE3C3F6F46FDCA05B8D22CA0_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity_8802F41EBE3C3F6F46FDCA05B8D22CA0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Liabilities and Equity </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquity_8802F41EBE3C3F6F46FDCA05B8D22CA0" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_B40044D93735329BF68CCA05BA340D60_terseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_B40044D93735329BF68CCA05BA340D60" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Federal rate </link:label>
<link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_B40044D93735329BF68CCA05BA340D60_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_B40044D93735329BF68CCA05BA340D60" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_B40044D93735329BF68CCA05BA340D60" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_A44A5EEB5064629BD508CA05BA34EE00_terseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_A44A5EEB5064629BD508CA05BA34EE00" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> State and local income taxes, net of federal income tax benefit </link:label>
<link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_A44A5EEB5064629BD508CA05BA34EE00_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_A44A5EEB5064629BD508CA05BA34EE00" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_A44A5EEB5064629BD508CA05BA34EE00" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationTaxCreditsForeign_47B22EB93ADD76EDAF4FCA05BA347B5A_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationTaxCreditsForeign_47B22EB93ADD76EDAF4FCA05BA347B5A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Effective Income Tax Rate Reconciliation, Tax Credit, Foreign, Percent </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationTaxCreditsForeign" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationTaxCreditsForeign_47B22EB93ADD76EDAF4FCA05BA347B5A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationTaxCredits_CB05A8A8F2F0C41C0F88CA05BA34F564_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationTaxCredits_CB05A8A8F2F0C41C0F88CA05BA34F564" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Tax credits </link:label>
<link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationTaxCredits_CB05A8A8F2F0C41C0F88CA05BA34F564_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationTaxCredits_CB05A8A8F2F0C41C0F88CA05BA34F564" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Effective Income Tax Rate Reconciliation, Tax Credit, Percent </link:label>
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<link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome_FCE1F87DAC8FE59A65F2CA05BA34F41E_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome_FCE1F87DAC8FE59A65F2CA05BA34F41E" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Tax-exempt income </link:label>
<link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome_FCE1F87DAC8FE59A65F2CA05BA34F41E_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome_FCE1F87DAC8FE59A65F2CA05BA34F41E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Effective Income Tax Rate Reconciliation, Tax Exempt Income, Percent </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome_FCE1F87DAC8FE59A65F2CA05BA34F41E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseLeases_518E64292A7875F67B8ECA05BA34ADB1_terseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseLeases_518E64292A7875F67B8ECA05BA34ADB1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Leverage lease adjustment </link:label>
<link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseLeases_518E64292A7875F67B8ECA05BA34ADB1_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseLeases_518E64292A7875F67B8ECA05BA34ADB1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Effective Income Tax Rate Reconciliation, Nondeductible Expense, Leases, Percent </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseLeases" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseLeases_518E64292A7875F67B8ECA05BA34ADB1" xlink:type="locator"/>
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<link:label id="lab_bk_EffectiveIncomeTaxRateReconciliationCarrybackClaim_43915424161DF34BC68CCA05BA3557A6_negatedTerseLabel_en-US" xlink:label="lab_bk_EffectiveIncomeTaxRateReconciliationCarrybackClaim_43915424161DF34BC68CCA05BA3557A6" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Carryback claim </link:label>
<link:label id="lab_bk_EffectiveIncomeTaxRateReconciliationCarrybackClaim_43915424161DF34BC68CCA05BA3557A6_label_en-US" xlink:label="lab_bk_EffectiveIncomeTaxRateReconciliationCarrybackClaim_43915424161DF34BC68CCA05BA3557A6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Effective Income Tax Rate Reconciliation, Carryback Claim </link:label>
<link:label id="lab_bk_EffectiveIncomeTaxRateReconciliationCarrybackClaim_43915424161DF34BC68CCA05BA3557A6_documentation_en-US" xlink:label="lab_bk_EffectiveIncomeTaxRateReconciliationCarrybackClaim_43915424161DF34BC68CCA05BA3557A6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Effective Income Tax Rate Reconciliation, Carryback Claim </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_EffectiveIncomeTaxRateReconciliationCarrybackClaim" xlink:label="loc_bk_EffectiveIncomeTaxRateReconciliationCarrybackClaim_43915424161DF34BC68CCA05BA3557A6" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate_D3F7F94A8C5120A80959CA05BA3501C2_terseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate_D3F7F94A8C5120A80959CA05BA3501C2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Percent </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate_D3F7F94A8C5120A80959CA05BA3501C2" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_209EBB24D62946DBA1C0CA05BA351200_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_209EBB24D62946DBA1C0CA05BA351200" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Effective Income Tax Rate Reconciliation, Other Adjustments, Percent </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_209EBB24D62946DBA1C0CA05BA351200" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EffectiveIncomeTaxRateContinuingOperations_91D2C5F2E90CC011BD2FCA05BA35AAB1_totalLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateContinuingOperations_91D2C5F2E90CC011BD2FCA05BA35AAB1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Effective tax rate </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_91D2C5F2E90CC011BD2FCA05BA35AAB1" xlink:type="locator"/>
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<link:label id="lab_us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock_5C6E9A44018B96F1CA96CA05BA83F2D1_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock_5C6E9A44018B96F1CA96CA05BA83F2D1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill and intangible assets </link:label>
<link:label id="lab_us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock_5C6E9A44018B96F1CA96CA05BA83F2D1_label_en-US" xlink:label="lab_us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock_5C6E9A44018B96F1CA96CA05BA83F2D1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill and Intangible Assets Disclosure [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock" xlink:label="loc_us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock_5C6E9A44018B96F1CA96CA05BA83F2D1" xlink:type="locator"/>
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<link:label id="lab_bk_AssetSecuritizationTextBlock_055A3B9FC285FCB65BD3D2FE6FEA4E5B_terseLabel_en-US" xlink:label="lab_bk_AssetSecuritizationTextBlock_055A3B9FC285FCB65BD3D2FE6FEA4E5B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Variable interest entities and securitization </link:label>
<link:label id="lab_bk_AssetSecuritizationTextBlock_055A3B9FC285FCB65BD3D2FE6FEA4E5B_label_en-US" xlink:label="lab_bk_AssetSecuritizationTextBlock_055A3B9FC285FCB65BD3D2FE6FEA4E5B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Asset Securitization [Text Block] </link:label>
<link:label id="lab_bk_AssetSecuritizationTextBlock_055A3B9FC285FCB65BD3D2FE6FEA4E5B_documentation_en-US" xlink:label="lab_bk_AssetSecuritizationTextBlock_055A3B9FC285FCB65BD3D2FE6FEA4E5B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Description of securitization transactions, including exposure at period-end. Description of exposure to variable interest entities (VIEs), and including consolidation of VIEs. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_AssetSecuritizationTextBlock" xlink:label="loc_bk_AssetSecuritizationTextBlock_055A3B9FC285FCB65BD3D2FE6FEA4E5B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DebtInstrumentTable_699A4856D6DE38C9CEB5CA34D9C67834_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentTable_699A4856D6DE38C9CEB5CA34D9C67834" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Long-term Debt Instruments [Table] </link:label>
<link:label id="lab_us-gaap_DebtInstrumentTable_699A4856D6DE38C9CEB5CA34D9C67834_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentTable_699A4856D6DE38C9CEB5CA34D9C67834" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Long-term Debt Instruments [Table] </link:label>
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<link:label id="lab_bk_FixedRateSeniorNotesMember_7935C71FC61618773DDBCA34D9C6643C_terseLabel_en-US" xlink:label="lab_bk_FixedRateSeniorNotesMember_7935C71FC61618773DDBCA34D9C6643C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fixed Rate Senior Notes </link:label>
<link:label id="lab_bk_FixedRateSeniorNotesMember_7935C71FC61618773DDBCA34D9C6643C_label_en-US" xlink:label="lab_bk_FixedRateSeniorNotesMember_7935C71FC61618773DDBCA34D9C6643C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fixed Rate Senior Notes [Member] </link:label>
<link:label id="lab_bk_FixedRateSeniorNotesMember_7935C71FC61618773DDBCA34D9C6643C_documentation_en-US" xlink:label="lab_bk_FixedRateSeniorNotesMember_7935C71FC61618773DDBCA34D9C6643C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fixed Rate Senior Notes </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_FixedRateSeniorNotesMember" xlink:label="loc_bk_FixedRateSeniorNotesMember_7935C71FC61618773DDBCA34D9C6643C" xlink:type="locator"/>
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<link:label id="lab_bk_FloatingRateSeniorNotesMember_7490C91B09D7A801A51BCA34D9C638A5_terseLabel_en-US" xlink:label="lab_bk_FloatingRateSeniorNotesMember_7490C91B09D7A801A51BCA34D9C638A5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Floating Rate Senior Notes </link:label>
<link:label id="lab_bk_FloatingRateSeniorNotesMember_7490C91B09D7A801A51BCA34D9C638A5_label_en-US" xlink:label="lab_bk_FloatingRateSeniorNotesMember_7490C91B09D7A801A51BCA34D9C638A5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Floating Rate Senior Notes [Member] </link:label>
<link:label id="lab_bk_FloatingRateSeniorNotesMember_7490C91B09D7A801A51BCA34D9C638A5_documentation_en-US" xlink:label="lab_bk_FloatingRateSeniorNotesMember_7490C91B09D7A801A51BCA34D9C638A5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Floating Rate Senior Notes </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_FloatingRateSeniorNotesMember" xlink:label="loc_bk_FloatingRateSeniorNotesMember_7490C91B09D7A801A51BCA34D9C638A5" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SubordinatedDebtMember_F47CE9614E1374990197CA34D9C7CA86_verboseLabel_en-US" xlink:label="lab_us-gaap_SubordinatedDebtMember_F47CE9614E1374990197CA34D9C7CA86" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Subordinated debt </link:label>
<link:label id="lab_us-gaap_SubordinatedDebtMember_F47CE9614E1374990197CA34D9C7CA86_label_en-US" xlink:label="lab_us-gaap_SubordinatedDebtMember_F47CE9614E1374990197CA34D9C7CA86" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Subordinated Debt [Member] </link:label>
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<link:label id="lab_us-gaap_JuniorSubordinatedDebtMember_D308D46197448C8183DECA34D9C7BA57_terseLabel_en-US" xlink:label="lab_us-gaap_JuniorSubordinatedDebtMember_D308D46197448C8183DECA34D9C7BA57" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Junior Subordinated Debt </link:label>
<link:label id="lab_us-gaap_JuniorSubordinatedDebtMember_D308D46197448C8183DECA34D9C7BA57_label_en-US" xlink:label="lab_us-gaap_JuniorSubordinatedDebtMember_D308D46197448C8183DECA34D9C7BA57" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Junior Subordinated Debt [Member] </link:label>
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<link:label id="lab_us-gaap_DebtInstrumentLineItems_D4C5F43CDA02AB6F9145CA34D9C718AE_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentLineItems_D4C5F43CDA02AB6F9145CA34D9C718AE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt Instrument [Line Items] </link:label>
<link:label id="lab_us-gaap_DebtInstrumentLineItems_D4C5F43CDA02AB6F9145CA34D9C718AE_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentLineItems_D4C5F43CDA02AB6F9145CA34D9C718AE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument [Line Items] </link:label>
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<link:label id="lab_bk_DebtInstrumentInterestRateRangeMinimum_ED42E38FF6D6C17C19EBCA34D9C7805C_terseLabel_en-US" xlink:label="lab_bk_DebtInstrumentInterestRateRangeMinimum_ED42E38FF6D6C17C19EBCA34D9C7805C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt, interest rate, minimum (percent) </link:label>
<link:label id="lab_bk_DebtInstrumentInterestRateRangeMinimum_ED42E38FF6D6C17C19EBCA34D9C7805C_label_en-US" xlink:label="lab_bk_DebtInstrumentInterestRateRangeMinimum_ED42E38FF6D6C17C19EBCA34D9C7805C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument Interest Rate Range Minimum </link:label>
<link:label id="lab_bk_DebtInstrumentInterestRateRangeMinimum_ED42E38FF6D6C17C19EBCA34D9C7805C_documentation_en-US" xlink:label="lab_bk_DebtInstrumentInterestRateRangeMinimum_ED42E38FF6D6C17C19EBCA34D9C7805C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Debt Instrument Interest Rate Range Minimum </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_DebtInstrumentInterestRateRangeMinimum" xlink:label="loc_bk_DebtInstrumentInterestRateRangeMinimum_ED42E38FF6D6C17C19EBCA34D9C7805C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_DebtInstrumentInterestRateRangeMinimum_ED42E38FF6D6C17C19EBCA34D9C7805C" xlink:to="lab_bk_DebtInstrumentInterestRateRangeMinimum_ED42E38FF6D6C17C19EBCA34D9C7805C" xlink:type="arc"/>
<link:label id="lab_bk_DebtInstrumentInterestRateRangeMaximum_716ED97CE226B2F99D0CCA34D9C72094_terseLabel_en-US" xlink:label="lab_bk_DebtInstrumentInterestRateRangeMaximum_716ED97CE226B2F99D0CCA34D9C72094" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt, interest rate, maximum (percent) </link:label>
<link:label id="lab_bk_DebtInstrumentInterestRateRangeMaximum_716ED97CE226B2F99D0CCA34D9C72094_label_en-US" xlink:label="lab_bk_DebtInstrumentInterestRateRangeMaximum_716ED97CE226B2F99D0CCA34D9C72094" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument Interest Rate Range Maximum </link:label>
<link:label id="lab_bk_DebtInstrumentInterestRateRangeMaximum_716ED97CE226B2F99D0CCA34D9C72094_documentation_en-US" xlink:label="lab_bk_DebtInstrumentInterestRateRangeMaximum_716ED97CE226B2F99D0CCA34D9C72094" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Debt Instrument Interest Rate Range Maximum </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_DebtInstrumentInterestRateRangeMaximum" xlink:label="loc_bk_DebtInstrumentInterestRateRangeMaximum_716ED97CE226B2F99D0CCA34D9C72094" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_DebtInstrumentInterestRateRangeMaximum_716ED97CE226B2F99D0CCA34D9C72094" xlink:to="lab_bk_DebtInstrumentInterestRateRangeMaximum_716ED97CE226B2F99D0CCA34D9C72094" xlink:type="arc"/>
<link:label id="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_D4D01BB34BF06B7B9909CA49E994D0F9_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_D4D01BB34BF06B7B9909CA49E994D0F9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt, interest rate (percent) </link:label>
<link:label id="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_D4D01BB34BF06B7B9909CA49E994D0F9_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_D4D01BB34BF06B7B9909CA49E994D0F9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument, Interest Rate, Stated Percentage </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_D4D01BB34BF06B7B9909CA49E994D0F9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_D4D01BB34BF06B7B9909CA49E994D0F9" xlink:to="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_D4D01BB34BF06B7B9909CA49E994D0F9" xlink:type="arc"/>
<link:label id="lab_bk_DebtInstrumentMaturityDateYearRangeStart_D69FD8B9928D4A5D4267CA34D9C74187_terseLabel_en-US" xlink:label="lab_bk_DebtInstrumentMaturityDateYearRangeStart_D69FD8B9928D4A5D4267CA34D9C74187" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt, maturity date, beginning </link:label>
<link:label id="lab_bk_DebtInstrumentMaturityDateYearRangeStart_D69FD8B9928D4A5D4267CA34D9C74187_label_en-US" xlink:label="lab_bk_DebtInstrumentMaturityDateYearRangeStart_D69FD8B9928D4A5D4267CA34D9C74187" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument Maturity Date Year Range Start </link:label>
<link:label id="lab_bk_DebtInstrumentMaturityDateYearRangeStart_D69FD8B9928D4A5D4267CA34D9C74187_documentation_en-US" xlink:label="lab_bk_DebtInstrumentMaturityDateYearRangeStart_D69FD8B9928D4A5D4267CA34D9C74187" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Debt Instrument, Maturity Date Year Range, Start </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_DebtInstrumentMaturityDateYearRangeStart" xlink:label="loc_bk_DebtInstrumentMaturityDateYearRangeStart_D69FD8B9928D4A5D4267CA34D9C74187" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_DebtInstrumentMaturityDateYearRangeStart_D69FD8B9928D4A5D4267CA34D9C74187" xlink:to="lab_bk_DebtInstrumentMaturityDateYearRangeStart_D69FD8B9928D4A5D4267CA34D9C74187" xlink:type="arc"/>
<link:label id="lab_bk_DebtInstrumentMaturityDateYearRangeEnd_91447FC937A655A4DA2FCA34D9C71B74_terseLabel_en-US" xlink:label="lab_bk_DebtInstrumentMaturityDateYearRangeEnd_91447FC937A655A4DA2FCA34D9C71B74" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt, maturity date, end </link:label>
<link:label id="lab_bk_DebtInstrumentMaturityDateYearRangeEnd_91447FC937A655A4DA2FCA34D9C71B74_label_en-US" xlink:label="lab_bk_DebtInstrumentMaturityDateYearRangeEnd_91447FC937A655A4DA2FCA34D9C71B74" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument Maturity Date Year Range End </link:label>
<link:label id="lab_bk_DebtInstrumentMaturityDateYearRangeEnd_91447FC937A655A4DA2FCA34D9C71B74_documentation_en-US" xlink:label="lab_bk_DebtInstrumentMaturityDateYearRangeEnd_91447FC937A655A4DA2FCA34D9C71B74" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Debt Instrument, Maturity Date Year Range, End </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_DebtInstrumentMaturityDateYearRangeEnd" xlink:label="loc_bk_DebtInstrumentMaturityDateYearRangeEnd_91447FC937A655A4DA2FCA34D9C71B74" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_DebtInstrumentMaturityDateYearRangeEnd_91447FC937A655A4DA2FCA34D9C71B74" xlink:to="lab_bk_DebtInstrumentMaturityDateYearRangeEnd_91447FC937A655A4DA2FCA34D9C71B74" xlink:type="arc"/>
<link:label id="lab_us-gaap_StatementOfFinancialPositionAbstract_CB8866CD2C5022561054CA05BB593C9E_label_en-US" xlink:label="lab_us-gaap_StatementOfFinancialPositionAbstract_CB8866CD2C5022561054CA05BB593C9E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Statement of Financial Position [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="loc_us-gaap_StatementOfFinancialPositionAbstract_CB8866CD2C5022561054CA05BB593C9E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfFinancialPositionAbstract_CB8866CD2C5022561054CA05BB593C9E" xlink:to="lab_us-gaap_StatementOfFinancialPositionAbstract_CB8866CD2C5022561054CA05BB593C9E" xlink:type="arc"/>
<link:label id="lab_bk_InvestmentManagementFundsMember_8425FB61C7281ACB8D34CA05BB5A06D8_terseLabel_en-US" xlink:label="lab_bk_InvestmentManagementFundsMember_8425FB61C7281ACB8D34CA05BB5A06D8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investment Management funds </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_InvestmentManagementFundsMember" xlink:label="loc_bk_InvestmentManagementFundsMember_8425FB61C7281ACB8D34CA05BB5A06D8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_InvestmentManagementFundsMember_8425FB61C7281ACB8D34CA05BB5A06D8" xlink:to="lab_bk_InvestmentManagementFundsMember_8425FB61C7281ACB8D34CA05BB5A06D8" xlink:type="arc"/>
<link:label id="lab_us-gaap_AssetsAbstract_097FA8044E0531C7C1A0CA05BB5A3266_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsAbstract_097FA8044E0531C7C1A0CA05BB5A3266" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Assets </link:label>
<link:label id="lab_us-gaap_AssetsAbstract_097FA8044E0531C7C1A0CA05BB5A3266_label_en-US" xlink:label="lab_us-gaap_AssetsAbstract_097FA8044E0531C7C1A0CA05BB5A3266" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assets [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="loc_us-gaap_AssetsAbstract_097FA8044E0531C7C1A0CA05BB5A3266" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsAbstract_097FA8044E0531C7C1A0CA05BB5A3266" xlink:to="lab_us-gaap_AssetsAbstract_097FA8044E0531C7C1A0CA05BB5A3266" xlink:type="arc"/>
<link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValueAbstract_E50A799669F386F58B34CA05BB5AAC70_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValueAbstract_E50A799669F386F58B34CA05BB5AAC70" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash and due from: </link:label>
<link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValueAbstract_E50A799669F386F58B34CA05BB5AAC70_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValueAbstract_E50A799669F386F58B34CA05BB5AAC70" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash and Cash Equivalents, at Carrying Value [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValueAbstract" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValueAbstract_E50A799669F386F58B34CA05BB5AAC70" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsAtCarryingValueAbstract_E50A799669F386F58B34CA05BB5AAC70" xlink:to="lab_us-gaap_CashAndCashEquivalentsAtCarryingValueAbstract_E50A799669F386F58B34CA05BB5AAC70" xlink:type="arc"/>
<link:label id="lab_us-gaap_DueFromBanks_5CBCF7C43E9E10CF7F34CA05BB5AD0BB_terseLabel_en-US" xlink:label="lab_us-gaap_DueFromBanks_5CBCF7C43E9E10CF7F34CA05BB5AD0BB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Banks </link:label>
<link:label id="lab_us-gaap_DueFromBanks_5CBCF7C43E9E10CF7F34CA05BB5AD0BB_label_en-US" xlink:label="lab_us-gaap_DueFromBanks_5CBCF7C43E9E10CF7F34CA05BB5AD0BB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Due from Banks </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DueFromBanks" xlink:label="loc_us-gaap_DueFromBanks_5CBCF7C43E9E10CF7F34CA05BB5AD0BB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DueFromBanks_5CBCF7C43E9E10CF7F34CA05BB5AD0BB" xlink:to="lab_us-gaap_DueFromBanks_5CBCF7C43E9E10CF7F34CA05BB5AD0BB" xlink:type="arc"/>
<link:label id="lab_bk_InterestBearingDepositsInFederalReserveAndOtherCentralBanks_F445F6880A46B066DE92CA05BB5A3A7A_terseLabel_en-US" xlink:label="lab_bk_InterestBearingDepositsInFederalReserveAndOtherCentralBanks_F445F6880A46B066DE92CA05BB5A3A7A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest-bearing deposits with the Federal Reserve and other central banks </link:label>
<link:label id="lab_bk_InterestBearingDepositsInFederalReserveAndOtherCentralBanks_F445F6880A46B066DE92CA05BB5A3A7A_label_en-US" xlink:label="lab_bk_InterestBearingDepositsInFederalReserveAndOtherCentralBanks_F445F6880A46B066DE92CA05BB5A3A7A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Bearing Deposits In Federal Reserve And Other Central Banks </link:label>
<link:label id="lab_bk_InterestBearingDepositsInFederalReserveAndOtherCentralBanks_F445F6880A46B066DE92CA05BB5A3A7A_documentation_en-US" xlink:label="lab_bk_InterestBearingDepositsInFederalReserveAndOtherCentralBanks_F445F6880A46B066DE92CA05BB5A3A7A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> For banks and other depository institutions: Interest-bearing deposits in Federal Reserve and other central banks for relatively short periods of time including, for example, certificates of deposits, which are presented separately from cash on the balance sheet. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_InterestBearingDepositsInFederalReserveAndOtherCentralBanks" xlink:label="loc_bk_InterestBearingDepositsInFederalReserveAndOtherCentralBanks_F445F6880A46B066DE92CA05BB5A3A7A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestBearingDepositsInBanks_32911E350F56DDC4A920CA05BB5ADA4C_terseLabel_en-US" xlink:label="lab_us-gaap_InterestBearingDepositsInBanks_32911E350F56DDC4A920CA05BB5ADA4C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest-bearing deposits with banks </link:label>
<link:label id="lab_us-gaap_InterestBearingDepositsInBanks_32911E350F56DDC4A920CA05BB5ADA4C_label_en-US" xlink:label="lab_us-gaap_InterestBearingDepositsInBanks_32911E350F56DDC4A920CA05BB5ADA4C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest-bearing Deposits in Banks and Other Financial Institutions </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestBearingDepositsInBanks" xlink:label="loc_us-gaap_InterestBearingDepositsInBanks_32911E350F56DDC4A920CA05BB5ADA4C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell_A5A5473FDF838A77BCFDCA05BB5AA1B2_terseLabel_en-US" xlink:label="lab_us-gaap_FederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell_A5A5473FDF838A77BCFDCA05BB5AA1B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Federal funds sold and securities purchased under resale agreements </link:label>
<link:label id="lab_us-gaap_FederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell_A5A5473FDF838A77BCFDCA05BB5AA1B2_label_en-US" xlink:label="lab_us-gaap_FederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell_A5A5473FDF838A77BCFDCA05BB5AA1B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Federal Funds Sold and Securities Purchased under Agreements to Resell </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell" xlink:label="loc_us-gaap_FederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell_A5A5473FDF838A77BCFDCA05BB5AA1B2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell_A5A5473FDF838A77BCFDCA05BB5AA1B2" xlink:to="lab_us-gaap_FederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell_A5A5473FDF838A77BCFDCA05BB5AA1B2" xlink:type="arc"/>
<link:label id="lab_us-gaap_MarketableSecuritiesAbstract_CD0261033C0C933E0739CA05BB5A0598_terseLabel_en-US" xlink:label="lab_us-gaap_MarketableSecuritiesAbstract_CD0261033C0C933E0739CA05BB5A0598" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities: </link:label>
<link:label id="lab_us-gaap_MarketableSecuritiesAbstract_CD0261033C0C933E0739CA05BB5A0598_label_en-US" xlink:label="lab_us-gaap_MarketableSecuritiesAbstract_CD0261033C0C933E0739CA05BB5A0598" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Marketable Securities [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_MarketableSecuritiesAbstract" xlink:label="loc_us-gaap_MarketableSecuritiesAbstract_CD0261033C0C933E0739CA05BB5A0598" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MarketableSecuritiesAbstract_CD0261033C0C933E0739CA05BB5A0598" xlink:to="lab_us-gaap_MarketableSecuritiesAbstract_CD0261033C0C933E0739CA05BB5A0598" xlink:type="arc"/>
<link:label id="lab_us-gaap_HeldToMaturitySecurities_4B640F1D15BAF0242C96CA05BB5ACC49_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecurities_4B640F1D15BAF0242C96CA05BB5ACC49" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Held-to-maturity (fair value of $40,512 and $40,669) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="loc_us-gaap_HeldToMaturitySecurities_4B640F1D15BAF0242C96CA05BB5ACC49" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AvailableForSaleSecurities_0249D820BE6759298700CA05BB5A2C7B_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecurities_0249D820BE6759298700CA05BB5A2C7B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Available-for-sale </link:label>
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<link:label id="lab_us-gaap_TradingSecurities_8468FB5FAD4E8A75F059CA05BB5AD36C_terseLabel_en-US" xlink:label="lab_us-gaap_TradingSecurities_8468FB5FAD4E8A75F059CA05BB5AD36C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trading assets </link:label>
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<link:label id="lab_us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome_F4C325D15A26BF5714CCCA05BB5A2604_verboseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome_F4C325D15A26BF5714CCCA05BB5A2604" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Loans </link:label>
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<link:label id="lab_us-gaap_LoansAndLeasesReceivableAllowance_333684204A60AF95CF00CA05BB5BEF00_negatedLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableAllowance_333684204A60AF95CF00CA05BB5BEF00" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Allowance for loan losses </link:label>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableAllowance_333684204A60AF95CF00CA05BB5BEF00_label_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableAllowance_333684204A60AF95CF00CA05BB5BEF00" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable, Allowance </link:label>
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<link:label id="lab_us-gaap_LoansAndLeasesReceivableNetReportedAmount_058D3EB744C11C0A1CDBCA05BB5B351F_totalLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableNetReportedAmount_058D3EB744C11C0A1CDBCA05BB5B351F" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net loans </link:label>
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<link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_D07B6CB893B4C33256D4CA05BB5BD6A4_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_D07B6CB893B4C33256D4CA05BB5BD6A4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Property, Plant and Equipment, Net </link:label>
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<link:label id="lab_us-gaap_AccruedInvestmentIncomeReceivable_86BE9916241567AE04EBCA05BB5BD1D1_terseLabel_en-US" xlink:label="lab_us-gaap_AccruedInvestmentIncomeReceivable_86BE9916241567AE04EBCA05BB5BD1D1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accrued interest receivable </link:label>
<link:label id="lab_us-gaap_AccruedInvestmentIncomeReceivable_86BE9916241567AE04EBCA05BB5BD1D1_label_en-US" xlink:label="lab_us-gaap_AccruedInvestmentIncomeReceivable_86BE9916241567AE04EBCA05BB5BD1D1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accrued Investment Income Receivable </link:label>
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<link:label id="lab_us-gaap_Goodwill_41C056D6574810F0B509CA05BB5B1DB5_terseLabel_en-US" xlink:label="lab_us-gaap_Goodwill_41C056D6574810F0B509CA05BB5B1DB5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Goodwill" xlink:label="loc_us-gaap_Goodwill_41C056D6574810F0B509CA05BB5B1DB5" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_5DF4EB1B09D8DA68633BCA05BB5B2841_terseLabel_en-US" xlink:label="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_5DF4EB1B09D8DA68633BCA05BB5B2841" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Intangible assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IntangibleAssetsNetExcludingGoodwill" xlink:label="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_5DF4EB1B09D8DA68633BCA05BB5B2841" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherAssets_F7F96EC6933E314BB67CCA05BB5B4910_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherAssets_F7F96EC6933E314BB67CCA05BB5B4910" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Other assets (includes $791 and $1,339, at fair value) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherAssets" xlink:label="loc_us-gaap_OtherAssets_F7F96EC6933E314BB67CCA05BB5B4910" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AssetsFairValueDisclosure_995D9A6AB0FD140B5D9ECA05BB5B8BE1_verboseLabel_en-US" xlink:label="lab_us-gaap_AssetsFairValueDisclosure_995D9A6AB0FD140B5D9ECA05BB5B8BE1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Assets of consolidated investment management funds, at fair value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AssetsFairValueDisclosure" xlink:label="loc_us-gaap_AssetsFairValueDisclosure_995D9A6AB0FD140B5D9ECA05BB5B8BE1" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LiabilitiesAbstract_DCA3DA5B834FB045A985CA05BB5B1FF5_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_DCA3DA5B834FB045A985CA05BB5B1FF5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Liabilities </link:label>
<link:label id="lab_us-gaap_LiabilitiesAbstract_DCA3DA5B834FB045A985CA05BB5B1FF5_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_DCA3DA5B834FB045A985CA05BB5B1FF5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Liabilities [Abstract] </link:label>
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<link:label id="lab_us-gaap_DepositsAbstract_41D59579D09659BB9D91CA05BB5B8C2E_terseLabel_en-US" xlink:label="lab_us-gaap_DepositsAbstract_41D59579D09659BB9D91CA05BB5B8C2E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deposits: </link:label>
<link:label id="lab_us-gaap_DepositsAbstract_41D59579D09659BB9D91CA05BB5B8C2E_label_en-US" xlink:label="lab_us-gaap_DepositsAbstract_41D59579D09659BB9D91CA05BB5B8C2E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deposits [Abstract] </link:label>
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<link:label id="lab_us-gaap_NoninterestBearingDomesticDepositDemand_2CC3D49837146460236ECA05BB5BDA8B_terseLabel_en-US" xlink:label="lab_us-gaap_NoninterestBearingDomesticDepositDemand_2CC3D49837146460236ECA05BB5BDA8B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Noninterest-bearing (principally U.S. offices) </link:label>
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<link:label id="lab_us-gaap_InterestBearingDepositLiabilitiesDomestic_3C48F1A88F13031D7BEFCA05BB5C3BBF_terseLabel_en-US" xlink:label="lab_us-gaap_InterestBearingDepositLiabilitiesDomestic_3C48F1A88F13031D7BEFCA05BB5C3BBF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest-bearing deposits in U.S. offices </link:label>
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<link:label id="lab_us-gaap_InterestBearingDepositLiabilitiesForeign_324D448F800BC4BC36DACA05BB5C7B59_label_en-US" xlink:label="lab_us-gaap_InterestBearingDepositLiabilitiesForeign_324D448F800BC4BC36DACA05BB5C7B59" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest-bearing Deposit Liabilities, Foreign </link:label>
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<link:label id="lab_us-gaap_FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase_76EDB5797AC83A6843A4CA05BB5C89A1_terseLabel_en-US" xlink:label="lab_us-gaap_FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase_76EDB5797AC83A6843A4CA05BB5C89A1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Federal funds purchased and securities sold under repurchase agreements </link:label>
<link:label id="lab_us-gaap_FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase_76EDB5797AC83A6843A4CA05BB5C89A1_label_en-US" xlink:label="lab_us-gaap_FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase_76EDB5797AC83A6843A4CA05BB5C89A1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Federal Funds Purchased and Securities Sold under Agreements to Repurchase </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase" xlink:label="loc_us-gaap_FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase_76EDB5797AC83A6843A4CA05BB5C89A1" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TradingLiabilities_F39AB59ECA78CEEB0CC1CA05BB5CB3C7_terseLabel_en-US" xlink:label="lab_us-gaap_TradingLiabilities_F39AB59ECA78CEEB0CC1CA05BB5CB3C7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trading liabilities </link:label>
<link:label id="lab_us-gaap_TradingLiabilities_F39AB59ECA78CEEB0CC1CA05BB5CB3C7_label_en-US" xlink:label="lab_us-gaap_TradingLiabilities_F39AB59ECA78CEEB0CC1CA05BB5CB3C7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trading Liabilities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TradingLiabilities" xlink:label="loc_us-gaap_TradingLiabilities_F39AB59ECA78CEEB0CC1CA05BB5CB3C7" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PayablesToBrokerDealersAndClearingOrganizations_90A86069FCD57C396DB9CA05BB5CC6D5_terseLabel_en-US" xlink:label="lab_us-gaap_PayablesToBrokerDealersAndClearingOrganizations_90A86069FCD57C396DB9CA05BB5CC6D5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Payables to customers and broker-dealers </link:label>
<link:label id="lab_us-gaap_PayablesToBrokerDealersAndClearingOrganizations_90A86069FCD57C396DB9CA05BB5CC6D5_label_en-US" xlink:label="lab_us-gaap_PayablesToBrokerDealersAndClearingOrganizations_90A86069FCD57C396DB9CA05BB5CC6D5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payables to Broker-Dealers and Clearing Organizations </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PayablesToBrokerDealersAndClearingOrganizations" xlink:label="loc_us-gaap_PayablesToBrokerDealersAndClearingOrganizations_90A86069FCD57C396DB9CA05BB5CC6D5" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CommercialPaper_A45B481D933925ECFA77CA05BB5C1C1F_terseLabel_en-US" xlink:label="lab_us-gaap_CommercialPaper_A45B481D933925ECFA77CA05BB5C1C1F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Commercial paper </link:label>
<link:label id="lab_us-gaap_CommercialPaper_A45B481D933925ECFA77CA05BB5C1C1F_label_en-US" xlink:label="lab_us-gaap_CommercialPaper_A45B481D933925ECFA77CA05BB5C1C1F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commercial Paper </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommercialPaper" xlink:label="loc_us-gaap_CommercialPaper_A45B481D933925ECFA77CA05BB5C1C1F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommercialPaper_A45B481D933925ECFA77CA05BB5C1C1F" xlink:to="lab_us-gaap_CommercialPaper_A45B481D933925ECFA77CA05BB5C1C1F" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherBorrowings_7341D785CF0912133A2CCA05BB5CFCD8_terseLabel_en-US" xlink:label="lab_us-gaap_OtherBorrowings_7341D785CF0912133A2CCA05BB5CFCD8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other borrowed funds </link:label>
<link:label id="lab_us-gaap_OtherBorrowings_7341D785CF0912133A2CCA05BB5CFCD8_label_en-US" xlink:label="lab_us-gaap_OtherBorrowings_7341D785CF0912133A2CCA05BB5CFCD8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Borrowings </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherBorrowings" xlink:label="loc_us-gaap_OtherBorrowings_7341D785CF0912133A2CCA05BB5CFCD8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_387842A14F713544B88CCA05BB5C42E4_verboseLabel_en-US" xlink:label="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_387842A14F713544B88CCA05BB5C42E4" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Accrued taxes and other expenses </link:label>
<link:label id="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_387842A14F713544B88CCA05BB5C42E4_label_en-US" xlink:label="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_387842A14F713544B88CCA05BB5C42E4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accrued Liabilities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccruedLiabilitiesCurrentAndNoncurrent" xlink:label="loc_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_387842A14F713544B88CCA05BB5C42E4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_387842A14F713544B88CCA05BB5C42E4" xlink:to="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_387842A14F713544B88CCA05BB5C42E4" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherLiabilities_2AEC48EDDDA4DC755BFACA05BB5C6DDF_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilities_2AEC48EDDDA4DC755BFACA05BB5C6DDF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other liabilities (including allowance for lending-related commitments of $102 and $112, also includes $800 and $597, at fair value) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="loc_us-gaap_OtherLiabilities_2AEC48EDDDA4DC755BFACA05BB5C6DDF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherLiabilities_2AEC48EDDDA4DC755BFACA05BB5C6DDF" xlink:to="lab_us-gaap_OtherLiabilities_2AEC48EDDDA4DC755BFACA05BB5C6DDF" xlink:type="arc"/>
<link:label id="lab_us-gaap_LongTermDebt_BA526AB86BEC49C10C72CA05BB5CB75B_verboseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebt_BA526AB86BEC49C10C72CA05BB5CB75B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Long-term debt (includes $367 and $363, at fair value) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongTermDebt" xlink:label="loc_us-gaap_LongTermDebt_BA526AB86BEC49C10C72CA05BB5CB75B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LiabilitiesFairValueDisclosure_F415CEA50201BFD41D42CA05BB5CE364_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesFairValueDisclosure_F415CEA50201BFD41D42CA05BB5CE364" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Liabilities of consolidated investment management funds, at fair value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosure" xlink:label="loc_us-gaap_LiabilitiesFairValueDisclosure_F415CEA50201BFD41D42CA05BB5CE364" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesFairValueDisclosure_F415CEA50201BFD41D42CA05BB5CE364" xlink:to="lab_us-gaap_LiabilitiesFairValueDisclosure_F415CEA50201BFD41D42CA05BB5CE364" xlink:type="arc"/>
<link:label id="lab_us-gaap_TemporaryEquityAbstract_ED485EA219C0A27F89DECA05BB5C2142_terseLabel_en-US" xlink:label="lab_us-gaap_TemporaryEquityAbstract_ED485EA219C0A27F89DECA05BB5C2142" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Temporary equity </link:label>
<link:label id="lab_us-gaap_TemporaryEquityAbstract_ED485EA219C0A27F89DECA05BB5C2142_label_en-US" xlink:label="lab_us-gaap_TemporaryEquityAbstract_ED485EA219C0A27F89DECA05BB5C2142" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Temporary Equity [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TemporaryEquityAbstract" xlink:label="loc_us-gaap_TemporaryEquityAbstract_ED485EA219C0A27F89DECA05BB5C2142" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests_355BAF8599674CFA6639CA05BB5C5A16_terseLabel_en-US" xlink:label="lab_us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests_355BAF8599674CFA6639CA05BB5C5A16" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Redeemable noncontrolling interests </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests" xlink:label="loc_us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests_355BAF8599674CFA6639CA05BB5C5A16" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_BB75F0D92A04358BA3D6CA05BB5DA172_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_BB75F0D92A04358BA3D6CA05BB5DA172" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Permanent equity </link:label>
<link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_BB75F0D92A04358BA3D6CA05BB5DA172_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_BB75F0D92A04358BA3D6CA05BB5DA172" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_BB75F0D92A04358BA3D6CA05BB5DA172" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PreferredStockValue_BE93E2C761934DEBEF65CA05BB5D8A50_verboseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockValue_BE93E2C761934DEBEF65CA05BB5D8A50" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock – par value $0.01 per share; authorized 100,000,000 shares; issued 35,826 and 35,826 shares </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="loc_us-gaap_PreferredStockValue_BE93E2C761934DEBEF65CA05BB5D8A50" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CommonStockValue_AC5A98A6F6EBC5816A04CA05BB5DFBC7_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockValue_AC5A98A6F6EBC5816A04CA05BB5DFBC7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common stock – par value $0.01 per share; authorized 3,500,000,000 shares; issued 1,354,163,581 and 1,333,706,427 shares </link:label>
<link:label id="lab_us-gaap_CommonStockValue_AC5A98A6F6EBC5816A04CA05BB5DFBC7_label_en-US" xlink:label="lab_us-gaap_CommonStockValue_AC5A98A6F6EBC5816A04CA05BB5DFBC7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Stock, Value, Issued </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonStockValue" xlink:label="loc_us-gaap_CommonStockValue_AC5A98A6F6EBC5816A04CA05BB5DFBC7" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AdditionalPaidInCapital_10DDC1726957B6AE9B11CA05BB5D0191_terseLabel_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapital_10DDC1726957B6AE9B11CA05BB5D0191" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Additional paid-in capital </link:label>
<link:label id="lab_us-gaap_AdditionalPaidInCapital_10DDC1726957B6AE9B11CA05BB5D0191_label_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapital_10DDC1726957B6AE9B11CA05BB5D0191" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Additional Paid in Capital </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="loc_us-gaap_AdditionalPaidInCapital_10DDC1726957B6AE9B11CA05BB5D0191" xlink:type="locator"/>
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<link:label id="lab_us-gaap_RetainedEarningsAccumulatedDeficit_D559C8AEE6F6BCB00E22CA05BB5D2C5A_terseLabel_en-US" xlink:label="lab_us-gaap_RetainedEarningsAccumulatedDeficit_D559C8AEE6F6BCB00E22CA05BB5D2C5A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Retained earnings </link:label>
<link:label id="lab_us-gaap_RetainedEarningsAccumulatedDeficit_D559C8AEE6F6BCB00E22CA05BB5D2C5A_label_en-US" xlink:label="lab_us-gaap_RetainedEarningsAccumulatedDeficit_D559C8AEE6F6BCB00E22CA05BB5D2C5A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Retained Earnings (Accumulated Deficit) </link:label>
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<link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_E6CD2691733A97402E9BCA05BB5D6E8E_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_E6CD2691733A97402E9BCA05BB5D6E8E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accumulated other comprehensive loss, net of tax </link:label>
<link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_E6CD2691733A97402E9BCA05BB5D6E8E_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_E6CD2691733A97402E9BCA05BB5D6E8E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accumulated Other Comprehensive Income (Loss), Net of Tax </link:label>
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<link:label id="lab_us-gaap_TreasuryStockValue_12A5DFC1017168D50822CA05BB5DAA24_negatedLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockValue_12A5DFC1017168D50822CA05BB5DAA24" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Less: Treasury stock of 340,721,136 and 286,218,126 common shares, at cost </link:label>
<link:label id="lab_us-gaap_TreasuryStockValue_12A5DFC1017168D50822CA05BB5DAA24_label_en-US" xlink:label="lab_us-gaap_TreasuryStockValue_12A5DFC1017168D50822CA05BB5DAA24" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Treasury Stock, Value </link:label>
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<link:label id="lab_us-gaap_StockholdersEquity_A3589DF4119D3BE94B31CA05BB5DBFD3_totalLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquity_A3589DF4119D3BE94B31CA05BB5DBFD3" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total The Bank of New York Mellon Corporation shareholders’ equity </link:label>
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<link:label id="lab_us-gaap_MinorityInterest_6B323B188F6BB00C79F0CA05BB5DBA2C_terseLabel_en-US" xlink:label="lab_us-gaap_MinorityInterest_6B323B188F6BB00C79F0CA05BB5DBA2C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Nonredeemable noncontrolling interests of consolidated investment management funds </link:label>
<link:label id="lab_us-gaap_MinorityInterest_6B323B188F6BB00C79F0CA05BB5DBA2C_label_en-US" xlink:label="lab_us-gaap_MinorityInterest_6B323B188F6BB00C79F0CA05BB5DBA2C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stockholders' Equity Attributable to Noncontrolling Interest </link:label>
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<link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_8278FA1CB61357636800CA05BB5D1F48_totalLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_8278FA1CB61357636800CA05BB5D1F48" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total permanent equity </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_8278FA1CB61357636800CA05BB5D1F48" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ForeignCurrencyTransactionGainLossBeforeTax_F7973E48C0CB7FAFB2B0CA05B727D8C8_terseLabel_en-US" xlink:label="lab_us-gaap_ForeignCurrencyTransactionGainLossBeforeTax_F7973E48C0CB7FAFB2B0CA05B727D8C8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign exchange </link:label>
<link:label id="lab_us-gaap_ForeignCurrencyTransactionGainLossBeforeTax_F7973E48C0CB7FAFB2B0CA05B727D8C8_label_en-US" xlink:label="lab_us-gaap_ForeignCurrencyTransactionGainLossBeforeTax_F7973E48C0CB7FAFB2B0CA05B727D8C8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign Currency Transaction Gain (Loss), before Tax </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ForeignCurrencyTransactionGainLossBeforeTax" xlink:label="loc_us-gaap_ForeignCurrencyTransactionGainLossBeforeTax_F7973E48C0CB7FAFB2B0CA05B727D8C8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TradingGainsLosses_CC2F5401F2B07892D86DCA05B727CB4D_terseLabel_en-US" xlink:label="lab_us-gaap_TradingGainsLosses_CC2F5401F2B07892D86DCA05B727CB4D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other trading revenue (loss) </link:label>
<link:label id="lab_us-gaap_TradingGainsLosses_CC2F5401F2B07892D86DCA05B727CB4D_label_en-US" xlink:label="lab_us-gaap_TradingGainsLosses_CC2F5401F2B07892D86DCA05B727CB4D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trading Gain (Loss) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TradingGainsLosses" xlink:label="loc_us-gaap_TradingGainsLosses_CC2F5401F2B07892D86DCA05B727CB4D" xlink:type="locator"/>
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<link:label id="lab_bk_ForeignExchangeAndOtherTradingActivities_91E96C9D013AFA1ECC7ECA05B7274A72_totalLabel_en-US" xlink:label="lab_bk_ForeignExchangeAndOtherTradingActivities_91E96C9D013AFA1ECC7ECA05B7274A72" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total foreign exchange and other trading revenue </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ForeignExchangeAndOtherTradingActivities" xlink:label="loc_bk_ForeignExchangeAndOtherTradingActivities_91E96C9D013AFA1ECC7ECA05B7274A72" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ForeignExchangeAndOtherTradingActivities_91E96C9D013AFA1ECC7ECA05B7274A72" xlink:to="lab_bk_ForeignExchangeAndOtherTradingActivities_91E96C9D013AFA1ECC7ECA05B7274A72" xlink:type="arc"/>
<link:label id="lab_us-gaap_ScheduleOfFinancingReceivablesPastDueTable_BEE6CA075CE57E2C10F3CA05BA984CCD_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfFinancingReceivablesPastDueTable_BEE6CA075CE57E2C10F3CA05BA984CCD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Financing Receivables Past Due [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfFinancingReceivablesPastDueTable_BEE6CA075CE57E2C10F3CA05BA984CCD_label_en-US" xlink:label="lab_us-gaap_ScheduleOfFinancingReceivablesPastDueTable_BEE6CA075CE57E2C10F3CA05BA984CCD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Financing Receivables Past Due [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfFinancingReceivablesPastDueTable" xlink:label="loc_us-gaap_ScheduleOfFinancingReceivablesPastDueTable_BEE6CA075CE57E2C10F3CA05BA984CCD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfFinancingReceivablesPastDueTable_BEE6CA075CE57E2C10F3CA05BA984CCD" xlink:to="lab_us-gaap_ScheduleOfFinancingReceivablesPastDueTable_BEE6CA075CE57E2C10F3CA05BA984CCD" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivablesPeriodPastDueAxis_3FF9BD8EF17C9DC467C4CA05BA99F778_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivablesPeriodPastDueAxis_3FF9BD8EF17C9DC467C4CA05BA99F778" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing Receivables, Period Past Due [Axis] </link:label>
<link:label id="lab_us-gaap_FinancingReceivablesPeriodPastDueAxis_3FF9BD8EF17C9DC467C4CA05BA99F778_label_en-US" xlink:label="lab_us-gaap_FinancingReceivablesPeriodPastDueAxis_3FF9BD8EF17C9DC467C4CA05BA99F778" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivables, Period Past Due [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinancingReceivablesPeriodPastDueAxis" xlink:label="loc_us-gaap_FinancingReceivablesPeriodPastDueAxis_3FF9BD8EF17C9DC467C4CA05BA99F778" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivablesPeriodPastDueAxis_3FF9BD8EF17C9DC467C4CA05BA99F778" xlink:to="lab_us-gaap_FinancingReceivablesPeriodPastDueAxis_3FF9BD8EF17C9DC467C4CA05BA99F778" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivablesPeriodPastDueDomain_216CFDC6BC864372EF73CA05BA99F725_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivablesPeriodPastDueDomain_216CFDC6BC864372EF73CA05BA99F725" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing Receivables, Period Past Due [Domain] </link:label>
<link:label id="lab_us-gaap_FinancingReceivablesPeriodPastDueDomain_216CFDC6BC864372EF73CA05BA99F725_label_en-US" xlink:label="lab_us-gaap_FinancingReceivablesPeriodPastDueDomain_216CFDC6BC864372EF73CA05BA99F725" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivables, Period Past Due [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinancingReceivablesPeriodPastDueDomain" xlink:label="loc_us-gaap_FinancingReceivablesPeriodPastDueDomain_216CFDC6BC864372EF73CA05BA99F725" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivablesPeriodPastDueDomain_216CFDC6BC864372EF73CA05BA99F725" xlink:to="lab_us-gaap_FinancingReceivablesPeriodPastDueDomain_216CFDC6BC864372EF73CA05BA99F725" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivables30To59DaysPastDueMember_1EADA53B46A46EB8A659CA05BA9A2481_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivables30To59DaysPastDueMember_1EADA53B46A46EB8A659CA05BA9A2481" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 30 to 59 Days Past Due </link:label>
<link:label id="lab_us-gaap_FinancingReceivables30To59DaysPastDueMember_1EADA53B46A46EB8A659CA05BA9A2481_label_en-US" xlink:label="lab_us-gaap_FinancingReceivables30To59DaysPastDueMember_1EADA53B46A46EB8A659CA05BA9A2481" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivables, 30 to 59 Days Past Due [Member] </link:label>
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<link:label id="lab_us-gaap_FinancingReceivables60To89DaysPastDueMember_D5563605F7E72E0896E0CA05BA9A0E42_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivables60To89DaysPastDueMember_D5563605F7E72E0896E0CA05BA9A0E42" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 60 to 89 Days Past Due </link:label>
<link:label id="lab_us-gaap_FinancingReceivables60To89DaysPastDueMember_D5563605F7E72E0896E0CA05BA9A0E42_label_en-US" xlink:label="lab_us-gaap_FinancingReceivables60To89DaysPastDueMember_D5563605F7E72E0896E0CA05BA9A0E42" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivables, 60 to 89 Days Past Due [Member] </link:label>
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<link:label id="lab_us-gaap_FinancingReceivablesEqualToGreaterThan90DaysPastDueMember_E749D8299BAE336B7EFECA05BA9AD026_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivablesEqualToGreaterThan90DaysPastDueMember_E749D8299BAE336B7EFECA05BA9AD026" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Equal to Greater than 90 Days Past Due </link:label>
<link:label id="lab_us-gaap_FinancingReceivablesEqualToGreaterThan90DaysPastDueMember_E749D8299BAE336B7EFECA05BA9AD026_label_en-US" xlink:label="lab_us-gaap_FinancingReceivablesEqualToGreaterThan90DaysPastDueMember_E749D8299BAE336B7EFECA05BA9AD026" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivables, Equal to Greater than 90 Days Past Due [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinancingReceivablesEqualToGreaterThan90DaysPastDueMember" xlink:label="loc_us-gaap_FinancingReceivablesEqualToGreaterThan90DaysPastDueMember_E749D8299BAE336B7EFECA05BA9AD026" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentPastDueLineItems_0A901B7024931EE99040CA05BA9A82A0_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentPastDueLineItems_0A901B7024931EE99040CA05BA9A82A0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Recorded Investment, Past Due [Line Items] </link:label>
<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentPastDueLineItems_0A901B7024931EE99040CA05BA9A82A0_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentPastDueLineItems_0A901B7024931EE99040CA05BA9A82A0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Recorded Investment, Past Due [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinancingReceivableRecordedInvestmentPastDueLineItems" xlink:label="loc_us-gaap_FinancingReceivableRecordedInvestmentPastDueLineItems_0A901B7024931EE99040CA05BA9A82A0" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentPastDue_A67550464861321C5887CA05BA9A4AC3_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentPastDue_A67550464861321C5887CA05BA9A4AC3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total past due </link:label>
<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentPastDue_A67550464861321C5887CA05BA9A4AC3_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentPastDue_A67550464861321C5887CA05BA9A4AC3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Recorded Investment, Past Due </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinancingReceivableRecordedInvestmentPastDue" xlink:label="loc_us-gaap_FinancingReceivableRecordedInvestmentPastDue_A67550464861321C5887CA05BA9A4AC3" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTable_13912BEFFB023F34CF9FD2FE6FD31782_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTable_13912BEFFB023F34CF9FD2FE6FD31782" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table] </link:label>
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<link:label id="lab_bk_BankOfNewYorkMellonMember_7CDF838D28CD42796B1DD2FE6FD3C76F_terseLabel_en-US" xlink:label="lab_bk_BankOfNewYorkMellonMember_7CDF838D28CD42796B1DD2FE6FD3C76F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> The Bank of New York Mellon </link:label>
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<link:label id="lab_us-gaap_CreditConcentrationRiskMember_271AB6BAB78D31986F13D2FE6FD342FB_terseLabel_en-US" xlink:label="lab_us-gaap_CreditConcentrationRiskMember_271AB6BAB78D31986F13D2FE6FD342FB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Credit Risk </link:label>
<link:label id="lab_us-gaap_CreditConcentrationRiskMember_271AB6BAB78D31986F13D2FE6FD342FB_label_en-US" xlink:label="lab_us-gaap_CreditConcentrationRiskMember_271AB6BAB78D31986F13D2FE6FD342FB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Credit Concentration Risk [Member] </link:label>
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<link:label id="lab_us-gaap_FairValueConcentrationOfRiskMarketRiskManagementQuantitativeInformationMember_34027D1667683378B166D2FE6FD3B447_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueConcentrationOfRiskMarketRiskManagementQuantitativeInformationMember_34027D1667683378B166D2FE6FD3B447" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Market Risk </link:label>
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<link:label id="lab_bk_OperationalRiskMember_476974FF642DDC11F793D2FE6FD36E74_terseLabel_en-US" xlink:label="lab_bk_OperationalRiskMember_476974FF642DDC11F793D2FE6FD36E74" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Operational Risk </link:label>
<link:label id="lab_bk_OperationalRiskMember_476974FF642DDC11F793D2FE6FD36E74_label_en-US" xlink:label="lab_bk_OperationalRiskMember_476974FF642DDC11F793D2FE6FD36E74" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operational Risk [Member] </link:label>
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<link:loc xlink:href="bk-20171231.xsd#bk_OperationalRiskMember" xlink:label="loc_bk_OperationalRiskMember_476974FF642DDC11F793D2FE6FD36E74" xlink:type="locator"/>
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<link:label id="lab_bk_BaselIIITransitionalGuidelinesAxis_9B7AB4EA0873FEFADB45D2FE6FD3E8E2_terseLabel_en-US" xlink:label="lab_bk_BaselIIITransitionalGuidelinesAxis_9B7AB4EA0873FEFADB45D2FE6FD3E8E2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Basel III Transitional Guidelines [Axis] </link:label>
<link:label id="lab_bk_BaselIIITransitionalGuidelinesAxis_9B7AB4EA0873FEFADB45D2FE6FD3E8E2_label_en-US" xlink:label="lab_bk_BaselIIITransitionalGuidelinesAxis_9B7AB4EA0873FEFADB45D2FE6FD3E8E2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Basel III Transitional Guidelines [Axis] </link:label>
<link:label id="lab_bk_BaselIIITransitionalGuidelinesAxis_9B7AB4EA0873FEFADB45D2FE6FD3E8E2_documentation_en-US" xlink:label="lab_bk_BaselIIITransitionalGuidelinesAxis_9B7AB4EA0873FEFADB45D2FE6FD3E8E2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Basel III Transitional Guidelines [Axis] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_BaselIIITransitionalGuidelinesAxis" xlink:label="loc_bk_BaselIIITransitionalGuidelinesAxis_9B7AB4EA0873FEFADB45D2FE6FD3E8E2" xlink:type="locator"/>
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<link:loc xlink:href="bk-20171231.xsd#bk_BaselIIITransitionalGuidelinesDomain" xlink:label="loc_bk_BaselIIITransitionalGuidelinesDomain_F7088BDDDE3F6C982FCED2FE6FD3C6B9" xlink:type="locator"/>
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<link:label id="lab_bk_AllowanceForCreditLossesMember_97B57F40A01083D6D2AFD2FE6FD3CBB0_terseLabel_en-US" xlink:label="lab_bk_AllowanceForCreditLossesMember_97B57F40A01083D6D2AFD2FE6FD3CBB0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Allowance for credit losses </link:label>
<link:label id="lab_bk_AllowanceForCreditLossesMember_97B57F40A01083D6D2AFD2FE6FD3CBB0_label_en-US" xlink:label="lab_bk_AllowanceForCreditLossesMember_97B57F40A01083D6D2AFD2FE6FD3CBB0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Allowance For Credit Losses [Member] </link:label>
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<link:label id="lab_bk_BaselIIITransitionalAdvancedApproachMember_3238C0228342C55D7B3CD2FE6FD6FE44_terseLabel_en-US" xlink:label="lab_bk_BaselIIITransitionalAdvancedApproachMember_3238C0228342C55D7B3CD2FE6FD6FE44" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Basel III Transitional Advanced Approach </link:label>
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<link:label id="lab_bk_InvestmentsByTierAxis_AB1919B1F46A8D151826D2FE6FD67006_terseLabel_en-US" xlink:label="lab_bk_InvestmentsByTierAxis_AB1919B1F46A8D151826D2FE6FD67006" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investments By Tier [Axis] </link:label>
<link:label id="lab_bk_InvestmentsByTierAxis_AB1919B1F46A8D151826D2FE6FD67006_label_en-US" xlink:label="lab_bk_InvestmentsByTierAxis_AB1919B1F46A8D151826D2FE6FD67006" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investments By Tier [Axis] </link:label>
<link:label id="lab_bk_InvestmentsByTierAxis_AB1919B1F46A8D151826D2FE6FD67006_documentation_en-US" xlink:label="lab_bk_InvestmentsByTierAxis_AB1919B1F46A8D151826D2FE6FD67006" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Investments, by Tier [Axis] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_InvestmentsByTierAxis" xlink:label="loc_bk_InvestmentsByTierAxis_AB1919B1F46A8D151826D2FE6FD67006" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_InvestmentsByTierAxis_AB1919B1F46A8D151826D2FE6FD67006" xlink:to="lab_bk_InvestmentsByTierAxis_AB1919B1F46A8D151826D2FE6FD67006" xlink:type="arc"/>
<link:label id="lab_bk_InvestmentsByTierDomain_B2BCC492E93DD744CF25D2FE6FD6AF02_terseLabel_en-US" xlink:label="lab_bk_InvestmentsByTierDomain_B2BCC492E93DD744CF25D2FE6FD6AF02" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investments By Tier [Domain] </link:label>
<link:label id="lab_bk_InvestmentsByTierDomain_B2BCC492E93DD744CF25D2FE6FD6AF02_label_en-US" xlink:label="lab_bk_InvestmentsByTierDomain_B2BCC492E93DD744CF25D2FE6FD6AF02" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investments By Tier [Domain] </link:label>
<link:label id="lab_bk_InvestmentsByTierDomain_B2BCC492E93DD744CF25D2FE6FD6AF02_documentation_en-US" xlink:label="lab_bk_InvestmentsByTierDomain_B2BCC492E93DD744CF25D2FE6FD6AF02" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Investments, by Tier [Domain] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_InvestmentsByTierDomain" xlink:label="loc_bk_InvestmentsByTierDomain_B2BCC492E93DD744CF25D2FE6FD6AF02" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CommonStockMember_E539670E17BE1C27D603D2FE6FD68698_verboseLabel_en-US" xlink:label="lab_us-gaap_CommonStockMember_E539670E17BE1C27D603D2FE6FD68698" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Common shareholders’ equity </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonStockMember" xlink:label="loc_us-gaap_CommonStockMember_E539670E17BE1C27D603D2FE6FD68698" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockMember_E539670E17BE1C27D603D2FE6FD68698" xlink:to="lab_us-gaap_CommonStockMember_E539670E17BE1C27D603D2FE6FD68698" xlink:type="arc"/>
<link:label id="lab_bk_AdjustmentForIntangibleAssetsMember_E1A3CE373D007F0E464AD2FE6FD651B9_terseLabel_en-US" xlink:label="lab_bk_AdjustmentForIntangibleAssetsMember_E1A3CE373D007F0E464AD2FE6FD651B9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill and intangible assets </link:label>
<link:label id="lab_bk_AdjustmentForIntangibleAssetsMember_E1A3CE373D007F0E464AD2FE6FD651B9_label_en-US" xlink:label="lab_bk_AdjustmentForIntangibleAssetsMember_E1A3CE373D007F0E464AD2FE6FD651B9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Adjustment For Intangible Assets [Member] </link:label>
<link:label id="lab_bk_AdjustmentForIntangibleAssetsMember_E1A3CE373D007F0E464AD2FE6FD651B9_documentation_en-US" xlink:label="lab_bk_AdjustmentForIntangibleAssetsMember_E1A3CE373D007F0E464AD2FE6FD651B9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Adjustment For Intangible Assets </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_AdjustmentForIntangibleAssetsMember" xlink:label="loc_bk_AdjustmentForIntangibleAssetsMember_E1A3CE373D007F0E464AD2FE6FD651B9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AdjustmentForIntangibleAssetsMember_E1A3CE373D007F0E464AD2FE6FD651B9" xlink:to="lab_bk_AdjustmentForIntangibleAssetsMember_E1A3CE373D007F0E464AD2FE6FD651B9" xlink:type="arc"/>
<link:label id="lab_bk_AdjustmentForNetPensionFundAssetsMember_CEC84D5E83C096F9841CD2FE6FD609BF_terseLabel_en-US" xlink:label="lab_bk_AdjustmentForNetPensionFundAssetsMember_CEC84D5E83C096F9841CD2FE6FD609BF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net pension fund assets </link:label>
<link:label id="lab_bk_AdjustmentForNetPensionFundAssetsMember_CEC84D5E83C096F9841CD2FE6FD609BF_label_en-US" xlink:label="lab_bk_AdjustmentForNetPensionFundAssetsMember_CEC84D5E83C096F9841CD2FE6FD609BF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Adjustment For Net Pension Fund Assets [Member] </link:label>
<link:label id="lab_bk_AdjustmentForNetPensionFundAssetsMember_CEC84D5E83C096F9841CD2FE6FD609BF_documentation_en-US" xlink:label="lab_bk_AdjustmentForNetPensionFundAssetsMember_CEC84D5E83C096F9841CD2FE6FD609BF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Adjustment For Net Pension Fund Assets [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_AdjustmentForNetPensionFundAssetsMember" xlink:label="loc_bk_AdjustmentForNetPensionFundAssetsMember_CEC84D5E83C096F9841CD2FE6FD609BF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AdjustmentForNetPensionFundAssetsMember_CEC84D5E83C096F9841CD2FE6FD609BF" xlink:to="lab_bk_AdjustmentForNetPensionFundAssetsMember_CEC84D5E83C096F9841CD2FE6FD609BF" xlink:type="arc"/>
<link:label id="lab_bk_AdjustmentForEquityMethodInvestmentMember_BB0EB9B3029F1FA0A589D2FE6FD6340D_terseLabel_en-US" xlink:label="lab_bk_AdjustmentForEquityMethodInvestmentMember_BB0EB9B3029F1FA0A589D2FE6FD6340D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deferred tax assets </link:label>
<link:label id="lab_bk_AdjustmentForEquityMethodInvestmentMember_BB0EB9B3029F1FA0A589D2FE6FD6340D_label_en-US" xlink:label="lab_bk_AdjustmentForEquityMethodInvestmentMember_BB0EB9B3029F1FA0A589D2FE6FD6340D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Adjustment For Equity Method Investment [Member] </link:label>
<link:label id="lab_bk_AdjustmentForEquityMethodInvestmentMember_BB0EB9B3029F1FA0A589D2FE6FD6340D_documentation_en-US" xlink:label="lab_bk_AdjustmentForEquityMethodInvestmentMember_BB0EB9B3029F1FA0A589D2FE6FD6340D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Adjustment For Equity Method Investment </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_AdjustmentForEquityMethodInvestmentMember" xlink:label="loc_bk_AdjustmentForEquityMethodInvestmentMember_BB0EB9B3029F1FA0A589D2FE6FD6340D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AdjustmentForEquityMethodInvestmentMember_BB0EB9B3029F1FA0A589D2FE6FD6340D" xlink:to="lab_bk_AdjustmentForEquityMethodInvestmentMember_BB0EB9B3029F1FA0A589D2FE6FD6340D" xlink:type="arc"/>
<link:label id="lab_bk_AdjustmentForDeferredTaxAssetsMember_4A6EE42DC109ABB2B05AD2FE6FD65955_terseLabel_en-US" xlink:label="lab_bk_AdjustmentForDeferredTaxAssetsMember_4A6EE42DC109ABB2B05AD2FE6FD65955" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deferred tax assets </link:label>
<link:label id="lab_bk_AdjustmentForDeferredTaxAssetsMember_4A6EE42DC109ABB2B05AD2FE6FD65955_label_en-US" xlink:label="lab_bk_AdjustmentForDeferredTaxAssetsMember_4A6EE42DC109ABB2B05AD2FE6FD65955" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Adjustment For Deferred Tax Assets [Member] </link:label>
<link:label id="lab_bk_AdjustmentForDeferredTaxAssetsMember_4A6EE42DC109ABB2B05AD2FE6FD65955_documentation_en-US" xlink:label="lab_bk_AdjustmentForDeferredTaxAssetsMember_4A6EE42DC109ABB2B05AD2FE6FD65955" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Adjustment For Deferred Tax Assets [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_AdjustmentForDeferredTaxAssetsMember" xlink:label="loc_bk_AdjustmentForDeferredTaxAssetsMember_4A6EE42DC109ABB2B05AD2FE6FD65955" xlink:type="locator"/>
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<link:label id="lab_bk_AdjustmentForOtherCETItemsMember_D56BCA18BECFC7A9ABFCD2FE6FD6E70E_terseLabel_en-US" xlink:label="lab_bk_AdjustmentForOtherCETItemsMember_D56BCA18BECFC7A9ABFCD2FE6FD6E70E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other </link:label>
<link:label id="lab_bk_AdjustmentForOtherCETItemsMember_D56BCA18BECFC7A9ABFCD2FE6FD6E70E_label_en-US" xlink:label="lab_bk_AdjustmentForOtherCETItemsMember_D56BCA18BECFC7A9ABFCD2FE6FD6E70E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Adjustment For Other CET Items [Member] </link:label>
<link:label id="lab_bk_AdjustmentForOtherCETItemsMember_D56BCA18BECFC7A9ABFCD2FE6FD6E70E_documentation_en-US" xlink:label="lab_bk_AdjustmentForOtherCETItemsMember_D56BCA18BECFC7A9ABFCD2FE6FD6E70E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Adjustment For Other CET Items [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_AdjustmentForOtherCETItemsMember" xlink:label="loc_bk_AdjustmentForOtherCETItemsMember_D56BCA18BECFC7A9ABFCD2FE6FD6E70E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AdjustmentForOtherCETItemsMember_D56BCA18BECFC7A9ABFCD2FE6FD6E70E" xlink:to="lab_bk_AdjustmentForOtherCETItemsMember_D56BCA18BECFC7A9ABFCD2FE6FD6E70E" xlink:type="arc"/>
<link:label id="lab_bk_AdjustmentForDisallowedDeferredTaxAssetsMember_190F7824EB6120DB1B3DD2FE6FD6537F_terseLabel_en-US" xlink:label="lab_bk_AdjustmentForDisallowedDeferredTaxAssetsMember_190F7824EB6120DB1B3DD2FE6FD6537F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Disallowed deferred tax assets </link:label>
<link:label id="lab_bk_AdjustmentForDisallowedDeferredTaxAssetsMember_190F7824EB6120DB1B3DD2FE6FD6537F_label_en-US" xlink:label="lab_bk_AdjustmentForDisallowedDeferredTaxAssetsMember_190F7824EB6120DB1B3DD2FE6FD6537F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Adjustment For Disallowed Deferred Tax Assets [Member] </link:label>
<link:label id="lab_bk_AdjustmentForDisallowedDeferredTaxAssetsMember_190F7824EB6120DB1B3DD2FE6FD6537F_documentation_en-US" xlink:label="lab_bk_AdjustmentForDisallowedDeferredTaxAssetsMember_190F7824EB6120DB1B3DD2FE6FD6537F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Adjustment For Disallowed Deferred Tax Assets [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_AdjustmentForDisallowedDeferredTaxAssetsMember" xlink:label="loc_bk_AdjustmentForDisallowedDeferredTaxAssetsMember_190F7824EB6120DB1B3DD2FE6FD6537F" xlink:type="locator"/>
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<link:label id="lab_bk_TrustPreferredSecuritiesMember_AB112C8BDD6CDDBF588FD2FE6FD62788_terseLabel_en-US" xlink:label="lab_bk_TrustPreferredSecuritiesMember_AB112C8BDD6CDDBF588FD2FE6FD62788" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trust preferred securities </link:label>
<link:label id="lab_bk_TrustPreferredSecuritiesMember_AB112C8BDD6CDDBF588FD2FE6FD62788_label_en-US" xlink:label="lab_bk_TrustPreferredSecuritiesMember_AB112C8BDD6CDDBF588FD2FE6FD62788" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trust Preferred Securities [Member] </link:label>
<link:label id="lab_bk_TrustPreferredSecuritiesMember_AB112C8BDD6CDDBF588FD2FE6FD62788_documentation_en-US" xlink:label="lab_bk_TrustPreferredSecuritiesMember_AB112C8BDD6CDDBF588FD2FE6FD62788" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Trust Preferred Securities </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_TrustPreferredSecuritiesMember" xlink:label="loc_bk_TrustPreferredSecuritiesMember_AB112C8BDD6CDDBF588FD2FE6FD62788" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_TrustPreferredSecuritiesMember_AB112C8BDD6CDDBF588FD2FE6FD62788" xlink:to="lab_bk_TrustPreferredSecuritiesMember_AB112C8BDD6CDDBF588FD2FE6FD62788" xlink:type="arc"/>
<link:label id="lab_bk_RegulatoryCapitalRequirementsUnderBankingRegulationsByMeasurementAxis_9F6026380FB884543F17D2FE6FD6905B_terseLabel_en-US" xlink:label="lab_bk_RegulatoryCapitalRequirementsUnderBankingRegulationsByMeasurementAxis_9F6026380FB884543F17D2FE6FD6905B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Regulatory Capital Requirements Under Banking Regulations By Measurement [Axis] </link:label>
<link:label id="lab_bk_RegulatoryCapitalRequirementsUnderBankingRegulationsByMeasurementAxis_9F6026380FB884543F17D2FE6FD6905B_label_en-US" xlink:label="lab_bk_RegulatoryCapitalRequirementsUnderBankingRegulationsByMeasurementAxis_9F6026380FB884543F17D2FE6FD6905B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Regulatory Capital Requirements Under Banking Regulations By Measurement [Axis] </link:label>
<link:label id="lab_bk_RegulatoryCapitalRequirementsUnderBankingRegulationsByMeasurementAxis_9F6026380FB884543F17D2FE6FD6905B_documentation_en-US" xlink:label="lab_bk_RegulatoryCapitalRequirementsUnderBankingRegulationsByMeasurementAxis_9F6026380FB884543F17D2FE6FD6905B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Regulatory Capital Requirements Under Banking Regulations, by Measurement [Axis] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_RegulatoryCapitalRequirementsUnderBankingRegulationsByMeasurementAxis" xlink:label="loc_bk_RegulatoryCapitalRequirementsUnderBankingRegulationsByMeasurementAxis_9F6026380FB884543F17D2FE6FD6905B" xlink:type="locator"/>
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<link:label id="lab_bk_CapitalAdequacyFrameworkDomain_1E7BCCCE2ACF28D3F36AD2FE6FD694CA_terseLabel_en-US" xlink:label="lab_bk_CapitalAdequacyFrameworkDomain_1E7BCCCE2ACF28D3F36AD2FE6FD694CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Capital Adequacy Framework [Domain] </link:label>
<link:label id="lab_bk_CapitalAdequacyFrameworkDomain_1E7BCCCE2ACF28D3F36AD2FE6FD694CA_label_en-US" xlink:label="lab_bk_CapitalAdequacyFrameworkDomain_1E7BCCCE2ACF28D3F36AD2FE6FD694CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Adequacy Framework [Domain] </link:label>
<link:label id="lab_bk_CapitalAdequacyFrameworkDomain_1E7BCCCE2ACF28D3F36AD2FE6FD694CA_documentation_en-US" xlink:label="lab_bk_CapitalAdequacyFrameworkDomain_1E7BCCCE2ACF28D3F36AD2FE6FD694CA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Capital Adequacy Framework [Domain] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_CapitalAdequacyFrameworkDomain" xlink:label="loc_bk_CapitalAdequacyFrameworkDomain_1E7BCCCE2ACF28D3F36AD2FE6FD694CA" xlink:type="locator"/>
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<link:label id="lab_bk_BaselIIIMember_866AD83E37B6DD536DEED2FE6FD6D635_terseLabel_en-US" xlink:label="lab_bk_BaselIIIMember_866AD83E37B6DD536DEED2FE6FD6D635" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Basel III </link:label>
<link:label id="lab_bk_BaselIIIMember_866AD83E37B6DD536DEED2FE6FD6D635_label_en-US" xlink:label="lab_bk_BaselIIIMember_866AD83E37B6DD536DEED2FE6FD6D635" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Basel III [Member] </link:label>
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<link:loc xlink:href="bk-20171231.xsd#bk_BaselIIIMember" xlink:label="loc_bk_BaselIIIMember_866AD83E37B6DD536DEED2FE6FD6D635" xlink:type="locator"/>
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<link:label id="lab_bk_BaselIIITransitionalMember_472B13B67E5B7FBB65CBD2FE6FD62F28_terseLabel_en-US" xlink:label="lab_bk_BaselIIITransitionalMember_472B13B67E5B7FBB65CBD2FE6FD62F28" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Basel III Transitional </link:label>
<link:label id="lab_bk_BaselIIITransitionalMember_472B13B67E5B7FBB65CBD2FE6FD62F28_label_en-US" xlink:label="lab_bk_BaselIIITransitionalMember_472B13B67E5B7FBB65CBD2FE6FD62F28" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Basel III Transitional [Member] </link:label>
<link:label id="lab_bk_BaselIIITransitionalMember_472B13B67E5B7FBB65CBD2FE6FD62F28_documentation_en-US" xlink:label="lab_bk_BaselIIITransitionalMember_472B13B67E5B7FBB65CBD2FE6FD62F28" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Basel III Transitional [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_BaselIIITransitionalMember" xlink:label="loc_bk_BaselIIITransitionalMember_472B13B67E5B7FBB65CBD2FE6FD62F28" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsLineItems_6955C4EE2E4796704091D2FE6FD64E5E_terseLabel_en-US" xlink:label="lab_us-gaap_ComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsLineItems_6955C4EE2E4796704091D2FE6FD64E5E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items] </link:label>
<link:label id="lab_us-gaap_ComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsLineItems_6955C4EE2E4796704091D2FE6FD64E5E_label_en-US" xlink:label="lab_us-gaap_ComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsLineItems_6955C4EE2E4796704091D2FE6FD64E5E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsLineItems" xlink:label="loc_us-gaap_ComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsLineItems_6955C4EE2E4796704091D2FE6FD64E5E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsLineItems_6955C4EE2E4796704091D2FE6FD64E5E" xlink:to="lab_us-gaap_ComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsLineItems_6955C4EE2E4796704091D2FE6FD64E5E" xlink:type="arc"/>
<link:label id="lab_bk_ExcessCET1RiskBasedCapitalAboveApplicableThreshold_298644BAFB20863E5E77D2FE6FD6C939_terseLabel_en-US" xlink:label="lab_bk_ExcessCET1RiskBasedCapitalAboveApplicableThreshold_298644BAFB20863E5E77D2FE6FD6C939" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Excess CET1 Risk Based Capital Above Applicable Threshold </link:label>
<link:label id="lab_bk_ExcessCET1RiskBasedCapitalAboveApplicableThreshold_298644BAFB20863E5E77D2FE6FD6C939_label_en-US" xlink:label="lab_bk_ExcessCET1RiskBasedCapitalAboveApplicableThreshold_298644BAFB20863E5E77D2FE6FD6C939" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Excess CET1 Risk Based Capital Above Applicable Threshold </link:label>
<link:label id="lab_bk_ExcessCET1RiskBasedCapitalAboveApplicableThreshold_298644BAFB20863E5E77D2FE6FD6C939_documentation_en-US" xlink:label="lab_bk_ExcessCET1RiskBasedCapitalAboveApplicableThreshold_298644BAFB20863E5E77D2FE6FD6C939" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Excess CET1 Risk Based Capital Above Applicable Threshold. The Federal Reserve’s regulations do not establish well capitalized thresholds for these measures for bank holding companies. Insured depositary institutions represent well capitalized thresholds. Bank holding company also includes applicable capital buffers. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ExcessCET1RiskBasedCapitalAboveApplicableThreshold" xlink:label="loc_bk_ExcessCET1RiskBasedCapitalAboveApplicableThreshold_298644BAFB20863E5E77D2FE6FD6C939" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ExcessCET1RiskBasedCapitalAboveApplicableThreshold_298644BAFB20863E5E77D2FE6FD6C939" xlink:to="lab_bk_ExcessCET1RiskBasedCapitalAboveApplicableThreshold_298644BAFB20863E5E77D2FE6FD6C939" xlink:type="arc"/>
<link:label id="lab_bk_ExcessTierOneRiskBasedCapitalAboveApplicableThreshold_89531C74E6B6A836F145D2FE6FD68AF5_terseLabel_en-US" xlink:label="lab_bk_ExcessTierOneRiskBasedCapitalAboveApplicableThreshold_89531C74E6B6A836F145D2FE6FD68AF5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Excess Tier One Risk Based Capital Above Applicable Threshold </link:label>
<link:label id="lab_bk_ExcessTierOneRiskBasedCapitalAboveApplicableThreshold_89531C74E6B6A836F145D2FE6FD68AF5_label_en-US" xlink:label="lab_bk_ExcessTierOneRiskBasedCapitalAboveApplicableThreshold_89531C74E6B6A836F145D2FE6FD68AF5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Excess Tier One Risk Based Capital Above Applicable Threshold </link:label>
<link:label id="lab_bk_ExcessTierOneRiskBasedCapitalAboveApplicableThreshold_89531C74E6B6A836F145D2FE6FD68AF5_documentation_en-US" xlink:label="lab_bk_ExcessTierOneRiskBasedCapitalAboveApplicableThreshold_89531C74E6B6A836F145D2FE6FD68AF5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Excess Tier One Risk Based Capital Above Applicable Threshold. The Federal Reserve’s regulations have established well capitalized thresholds for these measures for bank holding companies and insured depositary institutions. Bank holding company also includes applicable buffers. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ExcessTierOneRiskBasedCapitalAboveApplicableThreshold" xlink:label="loc_bk_ExcessTierOneRiskBasedCapitalAboveApplicableThreshold_89531C74E6B6A836F145D2FE6FD68AF5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ExcessTierOneRiskBasedCapitalAboveApplicableThreshold_89531C74E6B6A836F145D2FE6FD68AF5" xlink:to="lab_bk_ExcessTierOneRiskBasedCapitalAboveApplicableThreshold_89531C74E6B6A836F145D2FE6FD68AF5" xlink:type="arc"/>
<link:label id="lab_bk_ExcessTotalRiskBasedCapitalAboveApplicableThreshold_176EBE6EB392E0817299D2FE6FD65FFE_terseLabel_en-US" xlink:label="lab_bk_ExcessTotalRiskBasedCapitalAboveApplicableThreshold_176EBE6EB392E0817299D2FE6FD65FFE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Excess Total Risk Based Capital Above Applicable Threshold </link:label>
<link:label id="lab_bk_ExcessTotalRiskBasedCapitalAboveApplicableThreshold_176EBE6EB392E0817299D2FE6FD65FFE_label_en-US" xlink:label="lab_bk_ExcessTotalRiskBasedCapitalAboveApplicableThreshold_176EBE6EB392E0817299D2FE6FD65FFE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Excess Total Risk Based Capital Above Applicable Threshold </link:label>
<link:label id="lab_bk_ExcessTotalRiskBasedCapitalAboveApplicableThreshold_176EBE6EB392E0817299D2FE6FD65FFE_documentation_en-US" xlink:label="lab_bk_ExcessTotalRiskBasedCapitalAboveApplicableThreshold_176EBE6EB392E0817299D2FE6FD65FFE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Excess Total Risk Based Capital Above Applicable Threshold. The Federal Reserve’s regulations have established well capitalized thresholds for these measures for bank holding companies and insured depositary institutions. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ExcessTotalRiskBasedCapitalAboveApplicableThreshold" xlink:label="loc_bk_ExcessTotalRiskBasedCapitalAboveApplicableThreshold_176EBE6EB392E0817299D2FE6FD65FFE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ExcessTotalRiskBasedCapitalAboveApplicableThreshold_176EBE6EB392E0817299D2FE6FD65FFE" xlink:to="lab_bk_ExcessTotalRiskBasedCapitalAboveApplicableThreshold_176EBE6EB392E0817299D2FE6FD65FFE" xlink:type="arc"/>
<link:label id="lab_bk_ExcessTierOneLeverageCapitalAboveApplicableThreshold_21C17F5B5EE3DBAAA8AED2FE6FD68D8D_terseLabel_en-US" xlink:label="lab_bk_ExcessTierOneLeverageCapitalAboveApplicableThreshold_21C17F5B5EE3DBAAA8AED2FE6FD68D8D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Excess Tier One Leverage Capital Above Applicable Threshold </link:label>
<link:label id="lab_bk_ExcessTierOneLeverageCapitalAboveApplicableThreshold_21C17F5B5EE3DBAAA8AED2FE6FD68D8D_label_en-US" xlink:label="lab_bk_ExcessTierOneLeverageCapitalAboveApplicableThreshold_21C17F5B5EE3DBAAA8AED2FE6FD68D8D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Excess Tier One Leverage Capital Above Applicable Threshold </link:label>
<link:label id="lab_bk_ExcessTierOneLeverageCapitalAboveApplicableThreshold_21C17F5B5EE3DBAAA8AED2FE6FD68D8D_documentation_en-US" xlink:label="lab_bk_ExcessTierOneLeverageCapitalAboveApplicableThreshold_21C17F5B5EE3DBAAA8AED2FE6FD68D8D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Excess Tier One Leverage Capital Above Applicable Threshold. The Federal Reserve’s regulations do not establish well capitalized thresholds for these measures for bank holding companies. Insured depositary institutions represent well capitalized thresholds. Bank holding companies include capital buffers as applicable. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ExcessTierOneLeverageCapitalAboveApplicableThreshold" xlink:label="loc_bk_ExcessTierOneLeverageCapitalAboveApplicableThreshold_21C17F5B5EE3DBAAA8AED2FE6FD68D8D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ExcessTierOneLeverageCapitalAboveApplicableThreshold_21C17F5B5EE3DBAAA8AED2FE6FD68D8D" xlink:to="lab_bk_ExcessTierOneLeverageCapitalAboveApplicableThreshold_21C17F5B5EE3DBAAA8AED2FE6FD68D8D" xlink:type="arc"/>
<link:label id="lab_us-gaap_CommonEquityTierOneCapital_F24EAEC96F95A6135236D2FE6FD62BC7_terseLabel_en-US" xlink:label="lab_us-gaap_CommonEquityTierOneCapital_F24EAEC96F95A6135236D2FE6FD62BC7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common Equity Tier One Capital </link:label>
<link:label id="lab_us-gaap_CommonEquityTierOneCapital_F24EAEC96F95A6135236D2FE6FD62BC7_label_en-US" xlink:label="lab_us-gaap_CommonEquityTierOneCapital_F24EAEC96F95A6135236D2FE6FD62BC7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Equity Tier One Capital </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonEquityTierOneCapital" xlink:label="loc_us-gaap_CommonEquityTierOneCapital_F24EAEC96F95A6135236D2FE6FD62BC7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonEquityTierOneCapital_F24EAEC96F95A6135236D2FE6FD62BC7" xlink:to="lab_us-gaap_CommonEquityTierOneCapital_F24EAEC96F95A6135236D2FE6FD62BC7" xlink:type="arc"/>
<link:label id="lab_us-gaap_CommonEquityTierOneCapitalRatio_62FD890F6C8AC69D2B28D2FE6FD62AD1_terseLabel_en-US" xlink:label="lab_us-gaap_CommonEquityTierOneCapitalRatio_62FD890F6C8AC69D2B28D2FE6FD62AD1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common Equity Tier One Capital Ratio </link:label>
<link:label id="lab_us-gaap_CommonEquityTierOneCapitalRatio_62FD890F6C8AC69D2B28D2FE6FD62AD1_label_en-US" xlink:label="lab_us-gaap_CommonEquityTierOneCapitalRatio_62FD890F6C8AC69D2B28D2FE6FD62AD1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Equity Tier One Capital Ratio </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonEquityTierOneCapitalRatio" xlink:label="loc_us-gaap_CommonEquityTierOneCapitalRatio_62FD890F6C8AC69D2B28D2FE6FD62AD1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonEquityTierOneCapitalRatio_62FD890F6C8AC69D2B28D2FE6FD62AD1" xlink:to="lab_us-gaap_CommonEquityTierOneCapitalRatio_62FD890F6C8AC69D2B28D2FE6FD62AD1" xlink:type="arc"/>
<link:label id="lab_us-gaap_TierOneRiskBasedCapitalToRiskWeightedAssets_3DC0F4D456413412B822D2FE6FD6C7EE_terseLabel_en-US" xlink:label="lab_us-gaap_TierOneRiskBasedCapitalToRiskWeightedAssets_3DC0F4D456413412B822D2FE6FD6C7EE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Tier 1 risk based capital to risk weighted assets (percent) </link:label>
<link:label id="lab_us-gaap_TierOneRiskBasedCapitalToRiskWeightedAssets_3DC0F4D456413412B822D2FE6FD6C7EE_label_en-US" xlink:label="lab_us-gaap_TierOneRiskBasedCapitalToRiskWeightedAssets_3DC0F4D456413412B822D2FE6FD6C7EE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tier One Risk Based Capital to Risk Weighted Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TierOneRiskBasedCapitalToRiskWeightedAssets" xlink:label="loc_us-gaap_TierOneRiskBasedCapitalToRiskWeightedAssets_3DC0F4D456413412B822D2FE6FD6C7EE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TierOneRiskBasedCapitalToRiskWeightedAssets_3DC0F4D456413412B822D2FE6FD6C7EE" xlink:to="lab_us-gaap_TierOneRiskBasedCapitalToRiskWeightedAssets_3DC0F4D456413412B822D2FE6FD6C7EE" xlink:type="arc"/>
<link:label id="lab_us-gaap_CapitalToRiskWeightedAssets_77B1215F766BB8B0DC51D2FE6FD68551_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalToRiskWeightedAssets_77B1215F766BB8B0DC51D2FE6FD68551" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Capital to risk weighted assets (percent) </link:label>
<link:label id="lab_us-gaap_CapitalToRiskWeightedAssets_77B1215F766BB8B0DC51D2FE6FD68551_label_en-US" xlink:label="lab_us-gaap_CapitalToRiskWeightedAssets_77B1215F766BB8B0DC51D2FE6FD68551" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital to Risk Weighted Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CapitalToRiskWeightedAssets" xlink:label="loc_us-gaap_CapitalToRiskWeightedAssets_77B1215F766BB8B0DC51D2FE6FD68551" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CapitalToRiskWeightedAssets_77B1215F766BB8B0DC51D2FE6FD68551" xlink:to="lab_us-gaap_CapitalToRiskWeightedAssets_77B1215F766BB8B0DC51D2FE6FD68551" xlink:type="arc"/>
<link:label id="lab_us-gaap_TierOneLeverageCapitalToAverageAssets_1621D0DC3F02EE8E1065D2FE6FD68AFA_terseLabel_en-US" xlink:label="lab_us-gaap_TierOneLeverageCapitalToAverageAssets_1621D0DC3F02EE8E1065D2FE6FD68AFA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Tier 1 leverage capital to average assets (percent) </link:label>
<link:label id="lab_us-gaap_TierOneLeverageCapitalToAverageAssets_1621D0DC3F02EE8E1065D2FE6FD68AFA_label_en-US" xlink:label="lab_us-gaap_TierOneLeverageCapitalToAverageAssets_1621D0DC3F02EE8E1065D2FE6FD68AFA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tier One Leverage Capital to Average Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TierOneLeverageCapitalToAverageAssets" xlink:label="loc_us-gaap_TierOneLeverageCapitalToAverageAssets_1621D0DC3F02EE8E1065D2FE6FD68AFA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TierOneLeverageCapitalToAverageAssets_1621D0DC3F02EE8E1065D2FE6FD68AFA" xlink:to="lab_us-gaap_TierOneLeverageCapitalToAverageAssets_1621D0DC3F02EE8E1065D2FE6FD68AFA" xlink:type="arc"/>
<link:label id="lab_us-gaap_TierOneRiskBasedCapital_F6F1AE3A7FA47CA6078DD2FE6FD6AB80_terseLabel_en-US" xlink:label="lab_us-gaap_TierOneRiskBasedCapital_F6F1AE3A7FA47CA6078DD2FE6FD6AB80" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total Tier 1 capital </link:label>
<link:label id="lab_us-gaap_TierOneRiskBasedCapital_F6F1AE3A7FA47CA6078DD2FE6FD6AB80_label_en-US" xlink:label="lab_us-gaap_TierOneRiskBasedCapital_F6F1AE3A7FA47CA6078DD2FE6FD6AB80" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tier One Risk Based Capital </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TierOneRiskBasedCapital" xlink:label="loc_us-gaap_TierOneRiskBasedCapital_F6F1AE3A7FA47CA6078DD2FE6FD6AB80" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TierOneRiskBasedCapital_F6F1AE3A7FA47CA6078DD2FE6FD6AB80" xlink:to="lab_us-gaap_TierOneRiskBasedCapital_F6F1AE3A7FA47CA6078DD2FE6FD6AB80" xlink:type="arc"/>
<link:label id="lab_us-gaap_TierTwoRiskBasedCapital_A6C8662A6D0A6CB21D8ED2FE6FD68907_terseLabel_en-US" xlink:label="lab_us-gaap_TierTwoRiskBasedCapital_A6C8662A6D0A6CB21D8ED2FE6FD68907" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total Tier 2 capital </link:label>
<link:label id="lab_us-gaap_TierTwoRiskBasedCapital_A6C8662A6D0A6CB21D8ED2FE6FD68907_label_en-US" xlink:label="lab_us-gaap_TierTwoRiskBasedCapital_A6C8662A6D0A6CB21D8ED2FE6FD68907" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tier Two Risk Based Capital </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TierTwoRiskBasedCapital" xlink:label="loc_us-gaap_TierTwoRiskBasedCapital_A6C8662A6D0A6CB21D8ED2FE6FD68907" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TierTwoRiskBasedCapital_A6C8662A6D0A6CB21D8ED2FE6FD68907" xlink:to="lab_us-gaap_TierTwoRiskBasedCapital_A6C8662A6D0A6CB21D8ED2FE6FD68907" xlink:type="arc"/>
<link:label id="lab_bk_TotalRiskBasedCapital_6A62E065D19B628E8022D2FE6FD6350C_terseLabel_en-US" xlink:label="lab_bk_TotalRiskBasedCapital_6A62E065D19B628E8022D2FE6FD6350C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total capital </link:label>
<link:label id="lab_bk_TotalRiskBasedCapital_6A62E065D19B628E8022D2FE6FD6350C_label_en-US" xlink:label="lab_bk_TotalRiskBasedCapital_6A62E065D19B628E8022D2FE6FD6350C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Total Risk Based Capital </link:label>
<link:label id="lab_bk_TotalRiskBasedCapital_6A62E065D19B628E8022D2FE6FD6350C_documentation_en-US" xlink:label="lab_bk_TotalRiskBasedCapital_6A62E065D19B628E8022D2FE6FD6350C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Total Risk Based Capital </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_TotalRiskBasedCapital" xlink:label="loc_bk_TotalRiskBasedCapital_6A62E065D19B628E8022D2FE6FD6350C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_RiskWeightedAssets_2EC8B0A6F3006C3704DDD2FE6FD635B5_terseLabel_en-US" xlink:label="lab_us-gaap_RiskWeightedAssets_2EC8B0A6F3006C3704DDD2FE6FD635B5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Risk-weighted assets </link:label>
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<link:label id="lab_bk_AdjustedAverageAssets_9BA28058CF68E4250778D2FE6FD64075_label_en-US" xlink:label="lab_bk_AdjustedAverageAssets_9BA28058CF68E4250778D2FE6FD64075" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Adjusted Average Assets </link:label>
<link:label id="lab_bk_AdjustedAverageAssets_9BA28058CF68E4250778D2FE6FD64075_documentation_en-US" xlink:label="lab_bk_AdjustedAverageAssets_9BA28058CF68E4250778D2FE6FD64075" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Adjusted Average Assets </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_AdjustedAverageAssets" xlink:label="loc_bk_AdjustedAverageAssets_9BA28058CF68E4250778D2FE6FD64075" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LoansAndLeasesReceivableDisclosureTable_8423C76453A2C4C3F2EDCA05BAA532F1_terseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableDisclosureTable_8423C76453A2C4C3F2EDCA05BAA532F1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable Disclosure [Table] </link:label>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableDisclosureTable_8423C76453A2C4C3F2EDCA05BAA532F1_label_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableDisclosureTable_8423C76453A2C4C3F2EDCA05BAA532F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable Disclosure [Table] </link:label>
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<link:label id="lab_us-gaap_LoansAndLeasesReceivableDisclosureLineItems_20AF204812AA918FB0BACA05BAA5FBB9_terseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableDisclosureLineItems_20AF204812AA918FB0BACA05BAA5FBB9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable Disclosure [Line Items] </link:label>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableDisclosureLineItems_20AF204812AA918FB0BACA05BAA5FBB9_label_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableDisclosureLineItems_20AF204812AA918FB0BACA05BAA5FBB9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable Disclosure [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LoansAndLeasesReceivableDisclosureLineItems" xlink:label="loc_us-gaap_LoansAndLeasesReceivableDisclosureLineItems_20AF204812AA918FB0BACA05BAA5FBB9" xlink:type="locator"/>
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<link:label id="lab_bk_LoansAndLeasesReceivableInterestIncomeRecognizedOnNonperformingLoansExceededReversals_A6F0A2B124ECA3B98E8BCA05BAA590F2_terseLabel_en-US" xlink:label="lab_bk_LoansAndLeasesReceivableInterestIncomeRecognizedOnNonperformingLoansExceededReversals_A6F0A2B124ECA3B98E8BCA05BAA590F2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Amount by which interest income recognized on nonperforming loans exceeded reversals </link:label>
<link:label id="lab_bk_LoansAndLeasesReceivableInterestIncomeRecognizedOnNonperformingLoansExceededReversals_A6F0A2B124ECA3B98E8BCA05BAA590F2_label_en-US" xlink:label="lab_bk_LoansAndLeasesReceivableInterestIncomeRecognizedOnNonperformingLoansExceededReversals_A6F0A2B124ECA3B98E8BCA05BAA590F2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans And Leases Receivable Interest Income Recognized On Nonperforming Loans Exceeded Reversals </link:label>
<link:label id="lab_bk_LoansAndLeasesReceivableInterestIncomeRecognizedOnNonperformingLoansExceededReversals_A6F0A2B124ECA3B98E8BCA05BAA590F2_documentation_en-US" xlink:label="lab_bk_LoansAndLeasesReceivableInterestIncomeRecognizedOnNonperformingLoansExceededReversals_A6F0A2B124ECA3B98E8BCA05BAA590F2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable, Interest Income Recognized on Nonperforming Loans Exceeded Reversals </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_LoansAndLeasesReceivableInterestIncomeRecognizedOnNonperformingLoansExceededReversals" xlink:label="loc_bk_LoansAndLeasesReceivableInterestIncomeRecognizedOnNonperformingLoansExceededReversals_A6F0A2B124ECA3B98E8BCA05BAA590F2" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LoansAndLeasesReceivableImpairedInterestLostOnNonaccrualLoans_03C81D9ABD839783C856CA05BAA517D6_terseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableImpairedInterestLostOnNonaccrualLoans_03C81D9ABD839783C856CA05BAA517D6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Amount by which interest income would have increased if nonperforming loans at year-end had been performing for the entire year </link:label>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableImpairedInterestLostOnNonaccrualLoans_03C81D9ABD839783C856CA05BAA517D6_label_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableImpairedInterestLostOnNonaccrualLoans_03C81D9ABD839783C856CA05BAA517D6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans and Leases Receivable, Impaired, Interest Lost on Nonaccrual Loans </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LoansAndLeasesReceivableImpairedInterestLostOnNonaccrualLoans" xlink:label="loc_us-gaap_LoansAndLeasesReceivableImpairedInterestLostOnNonaccrualLoans_03C81D9ABD839783C856CA05BAA517D6" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_3F606586BFA2EF41D4DFCA34D9908717_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_3F606586BFA2EF41D4DFCA34D9908717" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accumulated Other Comprehensive Income (Loss) [Table] </link:label>
<link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_3F606586BFA2EF41D4DFCA34D9908717_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_3F606586BFA2EF41D4DFCA34D9908717" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accumulated Other Comprehensive Income (Loss) [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossTable" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_3F606586BFA2EF41D4DFCA34D9908717" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AccumulatedTranslationAdjustmentMember_C4F2C8FA48A063687B46CA34D990F543_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedTranslationAdjustmentMember_C4F2C8FA48A063687B46CA34D990F543" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign currency translation </link:label>
<link:label id="lab_us-gaap_AccumulatedTranslationAdjustmentMember_C4F2C8FA48A063687B46CA34D990F543_label_en-US" xlink:label="lab_us-gaap_AccumulatedTranslationAdjustmentMember_C4F2C8FA48A063687B46CA34D990F543" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accumulated Foreign Currency Adjustment Attributable to Parent [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccumulatedTranslationAdjustmentMember" xlink:label="loc_us-gaap_AccumulatedTranslationAdjustmentMember_C4F2C8FA48A063687B46CA34D990F543" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember_8F9AD787588270D807B2CA34D990BD98_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember_8F9AD787588270D807B2CA34D990BD98" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accumulated Defined Benefits Adjustment </link:label>
<link:label id="lab_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember_8F9AD787588270D807B2CA34D990BD98_label_en-US" xlink:label="lab_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember_8F9AD787588270D807B2CA34D990BD98" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember" xlink:label="loc_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember_8F9AD787588270D807B2CA34D990BD98" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_F1A9B9273A528004BE0DCA34D9908447_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_F1A9B9273A528004BE0DCA34D9908447" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Unrealized gain (loss) on assets available-for-sale </link:label>
<link:label id="lab_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_F1A9B9273A528004BE0DCA34D9908447_label_en-US" xlink:label="lab_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_F1A9B9273A528004BE0DCA34D9908447" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accumulated Net Investment Gain (Loss) Attributable to Parent [Member] </link:label>
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<link:label id="lab_us-gaap_AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember_C8AF7163A28D969318AACA34D9908B65_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember_C8AF7163A28D969318AACA34D9908B65" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Unrealized gain (loss) on cash flow hedges </link:label>
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<link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_909A5A1767FCC55A3DFBCA34D9906E77_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_909A5A1767FCC55A3DFBCA34D9906E77" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total accumulated other comprehensive income (loss), net of tax </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPostretirementHealthCoverageMember_B1548EFE8814CEB5D062CA4157B1610C_verboseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPostretirementHealthCoverageMember_B1548EFE8814CEB5D062CA4157B1610C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Other post-retirement benefits </link:label>
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<link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems_B28A2D2C056AC8369C49CA34D991961D_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems_B28A2D2C056AC8369C49CA34D991961D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accumulated Other Comprehensive Income (Loss) [Line Items] </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanActuarialGainLoss_26C42CFA3F8E7EF5A166CA34D96CDB1D_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanActuarialGainLoss_26C42CFA3F8E7EF5A166CA34D96CDB1D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Actuarial gain (loss) </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssets_79BD5DA6ADC0D5286A00CA34D96CE12A_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssets_79BD5DA6ADC0D5286A00CA34D96CE12A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Actual return on plan assets </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssets_79BD5DA6ADC0D5286A00CA34D96CE12A_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssets_79BD5DA6ADC0D5286A00CA34D96CE12A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Plan Assets, Increase (Decrease) for Actual Return (Loss) </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanContributionsByEmployer_76CC058DECA2EF0B36E6CA34D96C134C_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanContributionsByEmployer_76CC058DECA2EF0B36E6CA34D96C134C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Plan Assets, Contributions by Employer </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanPlanAssetsBenefitsPaid_699642E3138E1B81A842CA34D96C8D1D_negatedLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPlanAssetsBenefitsPaid_699642E3138E1B81A842CA34D96C8D1D" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Benefit payments </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanPlanAssetsBenefitsPaid_699642E3138E1B81A842CA34D96C8D1D_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPlanAssetsBenefitsPaid_699642E3138E1B81A842CA34D96C8D1D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Plan Assets, Benefits Paid </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanPlanAssetsForeignCurrencyTranslationGainLoss_5B0D2ECC05F99069FDC6CA34D96CD776_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPlanAssetsForeignCurrencyTranslationGainLoss_5B0D2ECC05F99069FDC6CA34D96CD776" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign exchange adjustment </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanPlanAssetsForeignCurrencyTranslationGainLoss_5B0D2ECC05F99069FDC6CA34D96CD776_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPlanAssetsForeignCurrencyTranslationGainLoss_5B0D2ECC05F99069FDC6CA34D96CD776" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Plan Assets, Foreign Currency Translation Gain (Loss) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanPlanAssetsForeignCurrencyTranslationGainLoss" xlink:label="loc_us-gaap_DefinedBenefitPlanPlanAssetsForeignCurrencyTranslationGainLoss_5B0D2ECC05F99069FDC6CA34D96CD776" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_4EB70202C799ACB4B96DCA34D96C15DB_periodEndLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_4EB70202C799ACB4B96DCA34D96C15DB" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Fair value at end of period </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanFundedStatusOfPlan_A9527719344D1BEC9A1BCA34D96CBCBF_totalLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanFundedStatusOfPlan_A9527719344D1BEC9A1BCA34D96CBCBF" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Funded status at end of period </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanFundedStatusOfPlan_A9527719344D1BEC9A1BCA34D96CBCBF_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanFundedStatusOfPlan_A9527719344D1BEC9A1BCA34D96CBCBF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Funded (Unfunded) Status of Plan </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTaxAbstract_3EDC8E4A90ACDCC9242DCA34D96C9A9B_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTaxAbstract_3EDC8E4A90ACDCC9242DCA34D96C9A9B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Amounts recognized in accumulated other comprehensive (income) loss consist of: </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax_173610751DCAE4678EE9CA34D96CF0A9_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax_173610751DCAE4678EE9CA34D96CF0A9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Prior service cost (credit) </link:label>
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<link:label id="lab_us-gaap_DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible_235555E748F7CACA652CCA34D9E3F07F_label_en-US" xlink:label="lab_us-gaap_DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible_235555E748F7CACA652CCA34D9E3F07F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Decrease in Unrecognized Tax Benefits is Reasonably Possible </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible" xlink:label="loc_us-gaap_DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible_235555E748F7CACA652CCA34D9E3F07F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfImpairedFinancingReceivableTable_B911D8EB5B947448E025CA05BAA946EF_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfImpairedFinancingReceivableTable_B911D8EB5B947448E025CA05BAA946EF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Impaired Financing Receivable [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfImpairedFinancingReceivableTable_B911D8EB5B947448E025CA05BAA946EF_label_en-US" xlink:label="lab_us-gaap_ScheduleOfImpairedFinancingReceivableTable_B911D8EB5B947448E025CA05BAA946EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Impaired Financing Receivable [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfImpairedFinancingReceivableTable" xlink:label="loc_us-gaap_ScheduleOfImpairedFinancingReceivableTable_B911D8EB5B947448E025CA05BAA946EF" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FinancingReceivableImpairedLineItems_AE25011291AA738E3932CA05BAAA3B6C_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableImpairedLineItems_AE25011291AA738E3932CA05BAAA3B6C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Impaired [Line Items] </link:label>
<link:label id="lab_us-gaap_FinancingReceivableImpairedLineItems_AE25011291AA738E3932CA05BAAA3B6C_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableImpairedLineItems_AE25011291AA738E3932CA05BAAA3B6C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Impaired [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinancingReceivableImpairedLineItems" xlink:label="loc_us-gaap_FinancingReceivableImpairedLineItems_AE25011291AA738E3932CA05BAAA3B6C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentNonaccrualStatus_8ECC04907463D5360897CA05BAAA8F20_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentNonaccrualStatus_8ECC04907463D5360897CA05BAAA8F20" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total nonperforming loans </link:label>
<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentNonaccrualStatus_8ECC04907463D5360897CA05BAAA8F20_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentNonaccrualStatus_8ECC04907463D5360897CA05BAAA8F20" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Recorded Investment, Nonaccrual Status </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinancingReceivableRecordedInvestmentNonaccrualStatus" xlink:label="loc_us-gaap_FinancingReceivableRecordedInvestmentNonaccrualStatus_8ECC04907463D5360897CA05BAAA8F20" xlink:type="locator"/>
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<link:label id="lab_bk_OtherNonperformingAssets_47406F7D6EFFD7B64DB3CA05BAAAB52E_terseLabel_en-US" xlink:label="lab_bk_OtherNonperformingAssets_47406F7D6EFFD7B64DB3CA05BAAAB52E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other assets owned </link:label>
<link:label id="lab_bk_OtherNonperformingAssets_47406F7D6EFFD7B64DB3CA05BAAAB52E_label_en-US" xlink:label="lab_bk_OtherNonperformingAssets_47406F7D6EFFD7B64DB3CA05BAAAB52E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Nonperforming Assets </link:label>
<link:label id="lab_bk_OtherNonperformingAssets_47406F7D6EFFD7B64DB3CA05BAAAB52E_documentation_en-US" xlink:label="lab_bk_OtherNonperformingAssets_47406F7D6EFFD7B64DB3CA05BAAAB52E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Nonperforming Assets </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_OtherNonperformingAssets" xlink:label="loc_bk_OtherNonperformingAssets_47406F7D6EFFD7B64DB3CA05BAAAB52E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OtherNonperformingAssets_47406F7D6EFFD7B64DB3CA05BAAAB52E" xlink:to="lab_bk_OtherNonperformingAssets_47406F7D6EFFD7B64DB3CA05BAAAB52E" xlink:type="arc"/>
<link:label id="lab_bk_LoansLeasesAndOtherAssetsReceivableNetReportedAmountNonperformingAssets_FE65E28FB31B4F0BD773CA05BAAAA20C_totalLabel_en-US" xlink:label="lab_bk_LoansLeasesAndOtherAssetsReceivableNetReportedAmountNonperformingAssets_FE65E28FB31B4F0BD773CA05BAAAA20C" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total nonperforming assets </link:label>
<link:label id="lab_bk_LoansLeasesAndOtherAssetsReceivableNetReportedAmountNonperformingAssets_FE65E28FB31B4F0BD773CA05BAAAA20C_label_en-US" xlink:label="lab_bk_LoansLeasesAndOtherAssetsReceivableNetReportedAmountNonperformingAssets_FE65E28FB31B4F0BD773CA05BAAAA20C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans Leases And Other Assets Receivable Net Reported Amount Nonperforming Assets </link:label>
<link:label id="lab_bk_LoansLeasesAndOtherAssetsReceivableNetReportedAmountNonperformingAssets_FE65E28FB31B4F0BD773CA05BAAAA20C_documentation_en-US" xlink:label="lab_bk_LoansLeasesAndOtherAssetsReceivableNetReportedAmountNonperformingAssets_FE65E28FB31B4F0BD773CA05BAAAA20C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Loans, Leases and Other Assets Receivable, Net Reported Amount, Nonperforming Assets </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_LoansLeasesAndOtherAssetsReceivableNetReportedAmountNonperformingAssets" xlink:label="loc_bk_LoansLeasesAndOtherAssetsReceivableNetReportedAmountNonperformingAssets_FE65E28FB31B4F0BD773CA05BAAAA20C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StockholdersEquityNoteDisclosureTextBlock_10448FBAD91147AE2C08CA05BA13B04F_verboseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityNoteDisclosureTextBlock_10448FBAD91147AE2C08CA05BA13B04F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Shareholders’ equity </link:label>
<link:label id="lab_us-gaap_StockholdersEquityNoteDisclosureTextBlock_10448FBAD91147AE2C08CA05BA13B04F_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityNoteDisclosureTextBlock_10448FBAD91147AE2C08CA05BA13B04F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stockholders' Equity Note Disclosure [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockholdersEquityNoteDisclosureTextBlock" xlink:label="loc_us-gaap_StockholdersEquityNoteDisclosureTextBlock_10448FBAD91147AE2C08CA05BA13B04F" xlink:type="locator"/>
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<link:label id="lab_bk_EuropeMiddleEastAndAfricaMember_44BD787ADDF8DC807889CA05B6F3629F_terseLabel_en-US" xlink:label="lab_bk_EuropeMiddleEastAndAfricaMember_44BD787ADDF8DC807889CA05B6F3629F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> EMEA </link:label>
<link:label id="lab_bk_EuropeMiddleEastAndAfricaMember_44BD787ADDF8DC807889CA05B6F3629F_label_en-US" xlink:label="lab_bk_EuropeMiddleEastAndAfricaMember_44BD787ADDF8DC807889CA05B6F3629F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Europe Middle East And Africa [Member] </link:label>
<link:label id="lab_bk_EuropeMiddleEastAndAfricaMember_44BD787ADDF8DC807889CA05B6F3629F_documentation_en-US" xlink:label="lab_bk_EuropeMiddleEastAndAfricaMember_44BD787ADDF8DC807889CA05B6F3629F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Europe, Middle East and Africa </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_EuropeMiddleEastAndAfricaMember" xlink:label="loc_bk_EuropeMiddleEastAndAfricaMember_44BD787ADDF8DC807889CA05B6F3629F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AsiaPacificMember_0C2781F840D992130BE2CA05B6F479B6_terseLabel_en-US" xlink:label="lab_us-gaap_AsiaPacificMember_0C2781F840D992130BE2CA05B6F479B6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> APAC </link:label>
<link:label id="lab_us-gaap_AsiaPacificMember_0C2781F840D992130BE2CA05B6F479B6_label_en-US" xlink:label="lab_us-gaap_AsiaPacificMember_0C2781F840D992130BE2CA05B6F479B6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Asia Pacific [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AsiaPacificMember" xlink:label="loc_us-gaap_AsiaPacificMember_0C2781F840D992130BE2CA05B6F479B6" xlink:type="locator"/>
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<link:label id="lab_bk_ForeignMember_2B426538910FDF59EE95CA05B6F4345D_verboseLabel_en-US" xlink:label="lab_bk_ForeignMember_2B426538910FDF59EE95CA05B6F4345D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Total International </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ForeignMember" xlink:label="loc_bk_ForeignMember_2B426538910FDF59EE95CA05B6F4345D" xlink:type="locator"/>
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<link:label id="lab_bk_TotalAssetsContinuingOperations_722F9F482EE0FE0762F8CA05B6F56AC5_terseLabel_en-US" xlink:label="lab_bk_TotalAssetsContinuingOperations_722F9F482EE0FE0762F8CA05B6F56AC5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total assets </link:label>
<link:label id="lab_bk_TotalAssetsContinuingOperations_722F9F482EE0FE0762F8CA05B6F56AC5_label_en-US" xlink:label="lab_bk_TotalAssetsContinuingOperations_722F9F482EE0FE0762F8CA05B6F56AC5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Total Assets Continuing Operations </link:label>
<link:label id="lab_bk_TotalAssetsContinuingOperations_722F9F482EE0FE0762F8CA05B6F56AC5_documentation_en-US" xlink:label="lab_bk_TotalAssetsContinuingOperations_722F9F482EE0FE0762F8CA05B6F56AC5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Total Assets, Continuing Operations </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_TotalAssetsContinuingOperations" xlink:label="loc_bk_TotalAssetsContinuingOperations_722F9F482EE0FE0762F8CA05B6F56AC5" xlink:type="locator"/>
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<link:label id="lab_bk_TotalRevenuesIncludingRevenueGeneratedByVariableInterestEntities_52DEF9B7C9EF9E72C5B5CA05B6F56A78_terseLabel_en-US" xlink:label="lab_bk_TotalRevenuesIncludingRevenueGeneratedByVariableInterestEntities_52DEF9B7C9EF9E72C5B5CA05B6F56A78" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total revenue </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_TotalRevenuesIncludingRevenueGeneratedByVariableInterestEntities" xlink:label="loc_bk_TotalRevenuesIncludingRevenueGeneratedByVariableInterestEntities_52DEF9B7C9EF9E72C5B5CA05B6F56A78" xlink:type="locator"/>
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<link:label id="lab_bk_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_6B3EDF2C6FA42F90CCFCCA05B6F52ED7_terseLabel_en-US" xlink:label="lab_bk_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_6B3EDF2C6FA42F90CCFCCA05B6F52ED7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income before income taxes </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_IncomeLossFromContinuingOperationsBeforeIncomeTaxes" xlink:label="loc_bk_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_6B3EDF2C6FA42F90CCFCCA05B6F52ED7" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_6A4497B22076AD709546CA05B6F5C1C0_verboseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_6A4497B22076AD709546CA05B6F5C1C0" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Net income </link:label>
<link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_6A4497B22076AD709546CA05B6F5C1C0_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_6A4497B22076AD709546CA05B6F5C1C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_6A4497B22076AD709546CA05B6F5C1C0" xlink:type="locator"/>
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<link:label id="lab_us-gaap_Assets_052F700275EA15822DFCCA05B6F5D3EF_terseLabel_en-US" xlink:label="lab_us-gaap_Assets_052F700275EA15822DFCCA05B6F5D3EF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_052F700275EA15822DFCCA05B6F5D3EF" xlink:type="locator"/>
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<link:label id="lab_bk_InvestmentsUnrealizedLossPositionTable_8A06F1D17677BB81F485CA05BAE48FF9_terseLabel_en-US" xlink:label="lab_bk_InvestmentsUnrealizedLossPositionTable_8A06F1D17677BB81F485CA05BAE48FF9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investments, Unrealized Loss Position [Table] </link:label>
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<link:label id="lab_bk_SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_68BCE32411FC3A138671CA05BAE6A9AB_terseLabel_en-US" xlink:label="lab_bk_SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_68BCE32411FC3A138671CA05BAE6A9AB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 12 months or more Fair value </link:label>
<link:label id="lab_bk_SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_68BCE32411FC3A138671CA05BAE6A9AB_label_en-US" xlink:label="lab_bk_SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_68BCE32411FC3A138671CA05BAE6A9AB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value </link:label>
<link:label id="lab_bk_SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_68BCE32411FC3A138671CA05BAE6A9AB_documentation_en-US" xlink:label="lab_bk_SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_68BCE32411FC3A138671CA05BAE6A9AB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value </link:label>
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<link:label id="lab_bk_SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLoss_D87E355A5A49CA3BA0B4CA05BAE6F6DC_terseLabel_en-US" xlink:label="lab_bk_SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLoss_D87E355A5A49CA3BA0B4CA05BAE6F6DC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 12 months or more Unrealized losses </link:label>
<link:label id="lab_bk_SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLoss_D87E355A5A49CA3BA0B4CA05BAE6F6DC_label_en-US" xlink:label="lab_bk_SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLoss_D87E355A5A49CA3BA0B4CA05BAE6F6DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Continuous Unrealized Loss Position Twelve Months Or Longer Aggregate Loss </link:label>
<link:label id="lab_bk_SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLoss_D87E355A5A49CA3BA0B4CA05BAE6F6DC_documentation_en-US" xlink:label="lab_bk_SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLoss_D87E355A5A49CA3BA0B4CA05BAE6F6DC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Aggregate Loss </link:label>
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<link:label id="lab_bk_SecuritiesContinuousUnrealizedLossPositionFairValue_CD07459FA88D3942992ECA05BAE688E4_totalLabel_en-US" xlink:label="lab_bk_SecuritiesContinuousUnrealizedLossPositionFairValue_CD07459FA88D3942992ECA05BAE688E4" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total Fair value </link:label>
<link:label id="lab_bk_SecuritiesContinuousUnrealizedLossPositionFairValue_CD07459FA88D3942992ECA05BAE688E4_label_en-US" xlink:label="lab_bk_SecuritiesContinuousUnrealizedLossPositionFairValue_CD07459FA88D3942992ECA05BAE688E4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Continuous Unrealized Loss Position Fair Value </link:label>
<link:label id="lab_bk_SecuritiesContinuousUnrealizedLossPositionFairValue_CD07459FA88D3942992ECA05BAE688E4_documentation_en-US" xlink:label="lab_bk_SecuritiesContinuousUnrealizedLossPositionFairValue_CD07459FA88D3942992ECA05BAE688E4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securities, Continuous Unrealized Loss Position, Fair Value </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_SecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="loc_bk_SecuritiesContinuousUnrealizedLossPositionFairValue_CD07459FA88D3942992ECA05BAE688E4" xlink:type="locator"/>
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<link:label id="lab_bk_SecuritiesGrossUnrealizedLosses_6C450533BB9D6AA4333BCA05BAE6D42C_totalLabel_en-US" xlink:label="lab_bk_SecuritiesGrossUnrealizedLosses_6C450533BB9D6AA4333BCA05BAE6D42C" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total Unrealized losses </link:label>
<link:label id="lab_bk_SecuritiesGrossUnrealizedLosses_6C450533BB9D6AA4333BCA05BAE6D42C_label_en-US" xlink:label="lab_bk_SecuritiesGrossUnrealizedLosses_6C450533BB9D6AA4333BCA05BAE6D42C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Gross Unrealized Losses </link:label>
<link:label id="lab_bk_SecuritiesGrossUnrealizedLosses_6C450533BB9D6AA4333BCA05BAE6D42C_documentation_en-US" xlink:label="lab_bk_SecuritiesGrossUnrealizedLosses_6C450533BB9D6AA4333BCA05BAE6D42C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securities, Gross Unrealized Losses </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_SecuritiesGrossUnrealizedLosses" xlink:label="loc_bk_SecuritiesGrossUnrealizedLosses_6C450533BB9D6AA4333BCA05BAE6D42C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SecuritiesGrossUnrealizedLosses_6C450533BB9D6AA4333BCA05BAE6D42C" xlink:to="lab_bk_SecuritiesGrossUnrealizedLosses_6C450533BB9D6AA4333BCA05BAE6D42C" xlink:type="arc"/>
<link:label id="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesGreaterThanTwelveMonths_C0BD1E282EC8BA38DCE7CA05BAE678BB_terseLabel_en-US" xlink:label="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesGreaterThanTwelveMonths_C0BD1E282EC8BA38DCE7CA05BAE678BB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> AOCI, transfers from AFS to HTM Securities, gross unrealized losses, greater than 12 months </link:label>
<link:label id="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesGreaterThanTwelveMonths_C0BD1E282EC8BA38DCE7CA05BAE678BB_label_en-US" xlink:label="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesGreaterThanTwelveMonths_C0BD1E282EC8BA38DCE7CA05BAE678BB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accumulated Other Comprehensive Income, Transfers From Available-For-Sale To Held-To-Maturity Securities, Gross Unrealized Losses, Greater Than Twelve Months </link:label>
<link:label id="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesGreaterThanTwelveMonths_C0BD1E282EC8BA38DCE7CA05BAE678BB_documentation_en-US" xlink:label="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesGreaterThanTwelveMonths_C0BD1E282EC8BA38DCE7CA05BAE678BB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Accumulated Other Comprehensive Income, Transfers From Available-For-Sale To Held-To-Maturity Securities, Gross Unrealized Losses, Greater Than Twelve Months </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesGreaterThanTwelveMonths" xlink:label="loc_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesGreaterThanTwelveMonths_C0BD1E282EC8BA38DCE7CA05BAE678BB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesGreaterThanTwelveMonths_C0BD1E282EC8BA38DCE7CA05BAE678BB" xlink:to="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesGreaterThanTwelveMonths_C0BD1E282EC8BA38DCE7CA05BAE678BB" xlink:type="arc"/>
<link:label id="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesLessthanTwelveMonths_6DAB234105793C8EB79ECA05BAE6A437_terseLabel_en-US" xlink:label="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesLessthanTwelveMonths_6DAB234105793C8EB79ECA05BAE6A437" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> AOCI, transfers from AFS to HTM Securities, gross unrealized losses, less than 12 months </link:label>
<link:label id="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesLessthanTwelveMonths_6DAB234105793C8EB79ECA05BAE6A437_label_en-US" xlink:label="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesLessthanTwelveMonths_6DAB234105793C8EB79ECA05BAE6A437" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accumulated Other Comprehensive Income, Transfers From Available-For-Sale To Held-To-Maturity Securities, Gross Unrealized Losses, Less than Twelve Months </link:label>
<link:label id="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesLessthanTwelveMonths_6DAB234105793C8EB79ECA05BAE6A437_documentation_en-US" xlink:label="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesLessthanTwelveMonths_6DAB234105793C8EB79ECA05BAE6A437" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Accumulated Other Comprehensive Income, Transfers From Available-For-Sale To Held-To-Maturity Securities, Gross Unrealized Losses, Less than Twelve Months </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesLessthanTwelveMonths" xlink:label="loc_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesLessthanTwelveMonths_6DAB234105793C8EB79ECA05BAE6A437" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LifeInsuranceCorporateOrBankOwnedAmount_64898329CD904A9B2AA7CA05BA672DBF_verboseLabel_en-US" xlink:label="lab_us-gaap_LifeInsuranceCorporateOrBankOwnedAmount_64898329CD904A9B2AA7CA05BA672DBF" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Corporate/bank-owned life insurance </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LifeInsuranceCorporateOrBankOwnedAmount" xlink:label="loc_us-gaap_LifeInsuranceCorporateOrBankOwnedAmount_64898329CD904A9B2AA7CA05BA672DBF" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AccountsReceivableNet_175D1B02DCF82FE91390CA05BA67E925_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsReceivableNet_175D1B02DCF82FE91390CA05BA67E925" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accounts receivable </link:label>
<link:label id="lab_us-gaap_AccountsReceivableNet_175D1B02DCF82FE91390CA05BA67E925_label_en-US" xlink:label="lab_us-gaap_AccountsReceivableNet_175D1B02DCF82FE91390CA05BA67E925" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accounts Receivable, Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountsReceivableNet" xlink:label="loc_us-gaap_AccountsReceivableNet_175D1B02DCF82FE91390CA05BA67E925" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations_CC163FCC173447BE69B2CA05BA67BF28_terseLabel_en-US" xlink:label="lab_us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations_CC163FCC173447BE69B2CA05BA67BF28" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fails to deliver </link:label>
<link:label id="lab_us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations_CC163FCC173447BE69B2CA05BA67BF28_label_en-US" xlink:label="lab_us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations_CC163FCC173447BE69B2CA05BA67BF28" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Receivables from Brokers-Dealers and Clearing Organizations </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations" xlink:label="loc_us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations_CC163FCC173447BE69B2CA05BA67BF28" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncomeTaxReceivable_1A9367CE0DBBEC4C657BCA05BA67ED6C_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxReceivable_1A9367CE0DBBEC4C657BCA05BA67ED6C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income taxes receivable </link:label>
<link:label id="lab_us-gaap_IncomeTaxReceivable_1A9367CE0DBBEC4C657BCA05BA67ED6C_label_en-US" xlink:label="lab_us-gaap_IncomeTaxReceivable_1A9367CE0DBBEC4C657BCA05BA67ED6C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Taxes Receivable </link:label>
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<link:label id="lab_us-gaap_CapitalizedComputerSoftwareNet_2267EE92B0B5C1901947CA05BA6786A2_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalizedComputerSoftwareNet_2267EE92B0B5C1901947CA05BA6786A2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Software </link:label>
<link:label id="lab_us-gaap_CapitalizedComputerSoftwareNet_2267EE92B0B5C1901947CA05BA6786A2_label_en-US" xlink:label="lab_us-gaap_CapitalizedComputerSoftwareNet_2267EE92B0B5C1901947CA05BA6786A2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capitalized Computer Software, Net </link:label>
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<link:label id="lab_bk_DefinedBenefitPlanPrepaidBenefitCost_7A7B31999EC772305C9BCA05BA673A67_terseLabel_en-US" xlink:label="lab_bk_DefinedBenefitPlanPrepaidBenefitCost_7A7B31999EC772305C9BCA05BA673A67" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Prepaid pension assets </link:label>
<link:label id="lab_bk_DefinedBenefitPlanPrepaidBenefitCost_7A7B31999EC772305C9BCA05BA673A67_label_en-US" xlink:label="lab_bk_DefinedBenefitPlanPrepaidBenefitCost_7A7B31999EC772305C9BCA05BA673A67" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan Prepaid Benefit Cost </link:label>
<link:label id="lab_bk_DefinedBenefitPlanPrepaidBenefitCost_7A7B31999EC772305C9BCA05BA673A67_documentation_en-US" xlink:label="lab_bk_DefinedBenefitPlanPrepaidBenefitCost_7A7B31999EC772305C9BCA05BA673A67" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The aggregated funded status of all overfunded plans, which is recognized as an asset in the statement of financial position. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_DefinedBenefitPlanPrepaidBenefitCost" xlink:label="loc_bk_DefinedBenefitPlanPrepaidBenefitCost_7A7B31999EC772305C9BCA05BA673A67" xlink:type="locator"/>
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<link:label id="lab_bk_RenewableEnergyInvestments_F6842F85E4AF6DDB0269CA05BA679C14_terseLabel_en-US" xlink:label="lab_bk_RenewableEnergyInvestments_F6842F85E4AF6DDB0269CA05BA679C14" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Renewable energy investments </link:label>
<link:label id="lab_bk_RenewableEnergyInvestments_F6842F85E4AF6DDB0269CA05BA679C14_label_en-US" xlink:label="lab_bk_RenewableEnergyInvestments_F6842F85E4AF6DDB0269CA05BA679C14" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Renewable Energy Investments </link:label>
<link:label id="lab_bk_RenewableEnergyInvestments_F6842F85E4AF6DDB0269CA05BA679C14_documentation_en-US" xlink:label="lab_bk_RenewableEnergyInvestments_F6842F85E4AF6DDB0269CA05BA679C14" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Renewable Energy Investments </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_RenewableEnergyInvestments" xlink:label="loc_bk_RenewableEnergyInvestments_F6842F85E4AF6DDB0269CA05BA679C14" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_RenewableEnergyInvestments_F6842F85E4AF6DDB0269CA05BA679C14" xlink:to="lab_bk_RenewableEnergyInvestments_F6842F85E4AF6DDB0269CA05BA679C14" xlink:type="arc"/>
<link:label id="lab_bk_EquityInJointVenturesAndOtherInvestments_FC3327F72A4CFB7B61BECA05BA6840CE_terseLabel_en-US" xlink:label="lab_bk_EquityInJointVenturesAndOtherInvestments_FC3327F72A4CFB7B61BECA05BA6840CE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Equity in a joint venture and other investments </link:label>
<link:label id="lab_bk_EquityInJointVenturesAndOtherInvestments_FC3327F72A4CFB7B61BECA05BA6840CE_label_en-US" xlink:label="lab_bk_EquityInJointVenturesAndOtherInvestments_FC3327F72A4CFB7B61BECA05BA6840CE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity In Joint Ventures And Other Investments </link:label>
<link:label id="lab_bk_EquityInJointVenturesAndOtherInvestments_FC3327F72A4CFB7B61BECA05BA6840CE_documentation_en-US" xlink:label="lab_bk_EquityInJointVenturesAndOtherInvestments_FC3327F72A4CFB7B61BECA05BA6840CE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Equity in joint ventures and other investments </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_EquityInJointVenturesAndOtherInvestments" xlink:label="loc_bk_EquityInJointVenturesAndOtherInvestments_FC3327F72A4CFB7B61BECA05BA6840CE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_EquityInJointVenturesAndOtherInvestments_FC3327F72A4CFB7B61BECA05BA6840CE" xlink:to="lab_bk_EquityInJointVenturesAndOtherInvestments_FC3327F72A4CFB7B61BECA05BA6840CE" xlink:type="arc"/>
<link:label id="lab_us-gaap_FederalReserveBankStock_BA468CA76CAA62338886CA05BA687CFB_terseLabel_en-US" xlink:label="lab_us-gaap_FederalReserveBankStock_BA468CA76CAA62338886CA05BA687CFB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Federal Reserve Bank stock </link:label>
<link:label id="lab_us-gaap_FederalReserveBankStock_BA468CA76CAA62338886CA05BA687CFB_label_en-US" xlink:label="lab_us-gaap_FederalReserveBankStock_BA468CA76CAA62338886CA05BA687CFB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Federal Reserve Bank Stock </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FederalReserveBankStock" xlink:label="loc_us-gaap_FederalReserveBankStock_BA468CA76CAA62338886CA05BA687CFB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FederalReserveBankStock_BA468CA76CAA62338886CA05BA687CFB" xlink:to="lab_us-gaap_FederalReserveBankStock_BA468CA76CAA62338886CA05BA687CFB" xlink:type="arc"/>
<link:label id="lab_us-gaap_PrepaidExpenseCurrentAndNoncurrent_FA8774331CB724133D65CA05BA6866C0_terseLabel_en-US" xlink:label="lab_us-gaap_PrepaidExpenseCurrentAndNoncurrent_FA8774331CB724133D65CA05BA6866C0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Prepaid expense </link:label>
<link:label id="lab_us-gaap_PrepaidExpenseCurrentAndNoncurrent_FA8774331CB724133D65CA05BA6866C0_label_en-US" xlink:label="lab_us-gaap_PrepaidExpenseCurrentAndNoncurrent_FA8774331CB724133D65CA05BA6866C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Prepaid Expense </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PrepaidExpenseCurrentAndNoncurrent" xlink:label="loc_us-gaap_PrepaidExpenseCurrentAndNoncurrent_FA8774331CB724133D65CA05BA6866C0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PrepaidExpenseCurrentAndNoncurrent_FA8774331CB724133D65CA05BA6866C0" xlink:to="lab_us-gaap_PrepaidExpenseCurrentAndNoncurrent_FA8774331CB724133D65CA05BA6866C0" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeInstrumentsInHedgesAssetsAtFairValue_7A5684F28D14FD1E3234CA05BA6874C4_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsInHedgesAssetsAtFairValue_7A5684F28D14FD1E3234CA05BA6874C4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair value of hedging derivatives </link:label>
<link:label id="lab_us-gaap_DerivativeInstrumentsInHedgesAssetsAtFairValue_7A5684F28D14FD1E3234CA05BA6874C4_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsInHedgesAssetsAtFairValue_7A5684F28D14FD1E3234CA05BA6874C4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Instruments in Hedges, Assets, at Fair Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeInstrumentsInHedgesAssetsAtFairValue" xlink:label="loc_us-gaap_DerivativeInstrumentsInHedgesAssetsAtFairValue_7A5684F28D14FD1E3234CA05BA6874C4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentsInHedgesAssetsAtFairValue_7A5684F28D14FD1E3234CA05BA6874C4" xlink:to="lab_us-gaap_DerivativeInstrumentsInHedgesAssetsAtFairValue_7A5684F28D14FD1E3234CA05BA6874C4" xlink:type="arc"/>
<link:label id="lab_us-gaap_DueFromCustomerAcceptances_659EED65632751AE3143CA05BA6836C9_terseLabel_en-US" xlink:label="lab_us-gaap_DueFromCustomerAcceptances_659EED65632751AE3143CA05BA6836C9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Due from customers on acceptances </link:label>
<link:label id="lab_us-gaap_DueFromCustomerAcceptances_659EED65632751AE3143CA05BA6836C9_label_en-US" xlink:label="lab_us-gaap_DueFromCustomerAcceptances_659EED65632751AE3143CA05BA6836C9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Due from Customer Acceptances </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DueFromCustomerAcceptances" xlink:label="loc_us-gaap_DueFromCustomerAcceptances_659EED65632751AE3143CA05BA6836C9" xlink:type="locator"/>
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<link:label id="lab_bk_SeedCapital_6A64AACC0D637CE1EC17CA05BA684A95_terseLabel_en-US" xlink:label="lab_bk_SeedCapital_6A64AACC0D637CE1EC17CA05BA684A95" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Seed capital </link:label>
<link:label id="lab_bk_SeedCapital_6A64AACC0D637CE1EC17CA05BA684A95_label_en-US" xlink:label="lab_bk_SeedCapital_6A64AACC0D637CE1EC17CA05BA684A95" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Seed Capital </link:label>
<link:label id="lab_bk_SeedCapital_6A64AACC0D637CE1EC17CA05BA684A95_documentation_en-US" xlink:label="lab_bk_SeedCapital_6A64AACC0D637CE1EC17CA05BA684A95" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Seed Capital investments </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_SeedCapital" xlink:label="loc_bk_SeedCapital_6A64AACC0D637CE1EC17CA05BA684A95" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SeedCapital_6A64AACC0D637CE1EC17CA05BA684A95" xlink:to="lab_bk_SeedCapital_6A64AACC0D637CE1EC17CA05BA684A95" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherAssetsMiscellaneous_D107C88A7A4E31E750D0CA05BA68BE45_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsMiscellaneous_D107C88A7A4E31E750D0CA05BA68BE45" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other </link:label>
<link:label id="lab_us-gaap_OtherAssetsMiscellaneous_D107C88A7A4E31E750D0CA05BA68BE45_label_en-US" xlink:label="lab_us-gaap_OtherAssetsMiscellaneous_D107C88A7A4E31E750D0CA05BA68BE45" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Assets, Miscellaneous </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherAssetsMiscellaneous" xlink:label="loc_us-gaap_OtherAssetsMiscellaneous_D107C88A7A4E31E750D0CA05BA68BE45" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherAssets_2B9A580887A7BE88A0B6CA05BA684CDE_totalLabel_en-US" xlink:label="lab_us-gaap_OtherAssets_2B9A580887A7BE88A0B6CA05BA684CDE" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total other assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherAssets" xlink:label="loc_us-gaap_OtherAssets_2B9A580887A7BE88A0B6CA05BA684CDE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssets_2B9A580887A7BE88A0B6CA05BA684CDE" xlink:to="lab_us-gaap_OtherAssets_2B9A580887A7BE88A0B6CA05BA684CDE" xlink:type="arc"/>
<link:label id="lab_us-gaap_FederalHomeLoanBankStock_29593267351A4DA065A9CA05BA69F99B_terseLabel_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankStock_29593267351A4DA065A9CA05BA69F99B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Federal Home Loan Bank stock, at cost </link:label>
<link:label id="lab_us-gaap_FederalHomeLoanBankStock_29593267351A4DA065A9CA05BA69F99B_label_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankStock_29593267351A4DA065A9CA05BA69F99B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Federal Home Loan Bank Stock </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FederalHomeLoanBankStock" xlink:label="loc_us-gaap_FederalHomeLoanBankStock_29593267351A4DA065A9CA05BA69F99B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FederalHomeLoanBankStock_29593267351A4DA065A9CA05BA69F99B" xlink:to="lab_us-gaap_FederalHomeLoanBankStock_29593267351A4DA065A9CA05BA69F99B" xlink:type="arc"/>
<link:label id="lab_us-gaap_AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember_41C48025EA1E8211E138CA05B9F0C411_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember_41C48025EA1E8211E138CA05B9F0C411" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign currency translation </link:label>
<link:label id="lab_us-gaap_AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember_41C48025EA1E8211E138CA05B9F0C411_label_en-US" xlink:label="lab_us-gaap_AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember_41C48025EA1E8211E138CA05B9F0C411" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accumulated Foreign Currency Adjustment Including Portion Attributable to Noncontrolling Interest [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember" xlink:label="loc_us-gaap_AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember_41C48025EA1E8211E138CA05B9F0C411" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember_41C48025EA1E8211E138CA05B9F0C411" xlink:to="lab_us-gaap_AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember_41C48025EA1E8211E138CA05B9F0C411" xlink:type="arc"/>
<link:label id="lab_us-gaap_AccumulatedNetInvestmentGainLossIncludingPortionAttributableToNoncontrollingInterestMember_421835AD0E6B95EE5556CA05B9F0BB04_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedNetInvestmentGainLossIncludingPortionAttributableToNoncontrollingInterestMember_421835AD0E6B95EE5556CA05B9F0BB04" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Unrealized gain (loss) on assets available-for-sale </link:label>
<link:label id="lab_us-gaap_AccumulatedNetInvestmentGainLossIncludingPortionAttributableToNoncontrollingInterestMember_421835AD0E6B95EE5556CA05B9F0BB04_label_en-US" xlink:label="lab_us-gaap_AccumulatedNetInvestmentGainLossIncludingPortionAttributableToNoncontrollingInterestMember_421835AD0E6B95EE5556CA05B9F0BB04" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accumulated Net Investment Gain (Loss) Including Portion Attributable to Noncontrolling Interest [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccumulatedNetInvestmentGainLossIncludingPortionAttributableToNoncontrollingInterestMember" xlink:label="loc_us-gaap_AccumulatedNetInvestmentGainLossIncludingPortionAttributableToNoncontrollingInterestMember_421835AD0E6B95EE5556CA05B9F0BB04" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember_E91283CC057CECB5B496CA05B9F0E518_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember_E91283CC057CECB5B496CA05B9F0E518" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Defined benefit plans </link:label>
<link:label id="lab_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember_E91283CC057CECB5B496CA05B9F0E518_label_en-US" xlink:label="lab_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember_E91283CC057CECB5B496CA05B9F0E518" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accumulated Defined Benefit Plans Adjustment Including Portion Attributable to Noncontrolling Interest [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember" xlink:label="loc_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember_E91283CC057CECB5B496CA05B9F0E518" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember_E91283CC057CECB5B496CA05B9F0E518" xlink:to="lab_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember_E91283CC057CECB5B496CA05B9F0E518" xlink:type="arc"/>
<link:label id="lab_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentNetGainLossIncludingPortionAttributableToNoncontrollingInterestMember_EB02840221AAF7A5180ECA05B9F00C96_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentNetGainLossIncludingPortionAttributableToNoncontrollingInterestMember_EB02840221AAF7A5180ECA05B9F00C96" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net gain (loss) arising during the period </link:label>
<link:label id="lab_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentNetGainLossIncludingPortionAttributableToNoncontrollingInterestMember_EB02840221AAF7A5180ECA05B9F00C96_label_en-US" xlink:label="lab_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentNetGainLossIncludingPortionAttributableToNoncontrollingInterestMember_EB02840221AAF7A5180ECA05B9F00C96" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accumulated Defined Benefit Plans Adjustment, Net Gain (Loss) Including Portion Attributable to Noncontrolling Interest [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccumulatedDefinedBenefitPlansAdjustmentNetGainLossIncludingPortionAttributableToNoncontrollingInterestMember" xlink:label="loc_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentNetGainLossIncludingPortionAttributableToNoncontrollingInterestMember_EB02840221AAF7A5180ECA05B9F00C96" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentNetTransitionIncludingPortionAttributableToNoncontrollingInterestMember_F04033E5BE07BCCF0B3ECA05B9F08EF3_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentNetTransitionIncludingPortionAttributableToNoncontrollingInterestMember_F04033E5BE07BCCF0B3ECA05B9F08EF3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign exchange adjustment </link:label>
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<link:label id="lab_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceIncludingPortionAttributableToNoncontrollingInterestMember_EE29AE76700F3C8579BCCA05B9F02A33_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceIncludingPortionAttributableToNoncontrollingInterestMember_EE29AE76700F3C8579BCCA05B9F02A33" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Amortization of prior service credit, net loss and initial obligation included in net periodic benefit cost </link:label>
<link:label id="lab_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceIncludingPortionAttributableToNoncontrollingInterestMember_EE29AE76700F3C8579BCCA05B9F02A33_label_en-US" xlink:label="lab_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceIncludingPortionAttributableToNoncontrollingInterestMember_EE29AE76700F3C8579BCCA05B9F02A33" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accumulated Defined Benefit Plans Adjustment, Net Prior Service Including Portion Attributable to Noncontrolling Interest [Member] </link:label>
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<link:label id="lab_us-gaap_AccumulatedNetGainLossFromCashFlowHedgesIncludingPortionAttributableToNoncontrollingInterestMember_0FC04F037374E9B227D8CA05B9F0A37E_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedNetGainLossFromCashFlowHedgesIncludingPortionAttributableToNoncontrollingInterestMember_0FC04F037374E9B227D8CA05B9F0A37E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Unrealized gain (loss) on cash flow hedges </link:label>
<link:label id="lab_us-gaap_AccumulatedNetGainLossFromCashFlowHedgesIncludingPortionAttributableToNoncontrollingInterestMember_0FC04F037374E9B227D8CA05B9F0A37E_label_en-US" xlink:label="lab_us-gaap_AccumulatedNetGainLossFromCashFlowHedgesIncludingPortionAttributableToNoncontrollingInterestMember_0FC04F037374E9B227D8CA05B9F0A37E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accumulated Net Gain (Loss) from Cash Flow Hedges Including Portion Attributable to Noncontrolling Interest [Member] </link:label>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPeriodIncreaseDecreaseAbstract_69A900D9E0D6C1A02373CA05B9F04764_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPeriodIncreaseDecreaseAbstract_69A900D9E0D6C1A02373CA05B9F04764" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pre-tax amount </link:label>
<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPeriodIncreaseDecreaseAbstract_69A900D9E0D6C1A02373CA05B9F04764_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPeriodIncreaseDecreaseAbstract_69A900D9E0D6C1A02373CA05B9F04764" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), before Tax [Abstract] </link:label>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax_CC9B15CE01DF0E1C17C6CA05B9F09D7F_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax_CC9B15CE01DF0E1C17C6CA05B9F09D7F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other comprehensive income (loss), Pre-tax amount </link:label>
<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax_CC9B15CE01DF0E1C17C6CA05B9F09D7F_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax_CC9B15CE01DF0E1C17C6CA05B9F09D7F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), before Reclassifications, before Tax </link:label>
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<link:label id="lab_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax_7EB2488E4C2A41D8748DCA05B9F0C971_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax_7EB2488E4C2A41D8748DCA05B9F0C971" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Reclassification adjustment, Pre-tax amount </link:label>
<link:label id="lab_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax_7EB2488E4C2A41D8748DCA05B9F0C971_label_en-US" xlink:label="lab_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax_7EB2488E4C2A41D8748DCA05B9F0C971" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax" xlink:label="loc_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax_7EB2488E4C2A41D8748DCA05B9F0C971" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTax_2EB83C818F588BFEA829CA05B9F0EBFB_totalLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTax_2EB83C818F588BFEA829CA05B9F0EBFB" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total other comprehensive income (loss), Pre-tax amount </link:label>
<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTax_2EB83C818F588BFEA829CA05B9F0EBFB_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTax_2EB83C818F588BFEA829CA05B9F0EBFB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), before Tax </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossBeforeTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossBeforeTax_2EB83C818F588BFEA829CA05B9F0EBFB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossTaxAbstract_0910F0CFB9C822A6A719CA05B9F1BBC4_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossTaxAbstract_0910F0CFB9C822A6A719CA05B9F1BBC4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Tax (expense) benefit </link:label>
<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossTaxAbstract_0910F0CFB9C822A6A719CA05B9F1BBC4_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossTaxAbstract_0910F0CFB9C822A6A719CA05B9F1BBC4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Tax [Abstract] </link:label>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsTax_41F554E7DE1F160C8932CA05B9F128EF_negatedLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsTax_41F554E7DE1F160C8932CA05B9F128EF" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Other comprehensive income (loss), Tax (expense) benefit </link:label>
<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsTax_41F554E7DE1F160C8932CA05B9F128EF_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsTax_41F554E7DE1F160C8932CA05B9F128EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss) before Reclassifications, Tax </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsTax_41F554E7DE1F160C8932CA05B9F128EF" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ReclassificationFromAociCurrentPeriodTax_7BBEC23D62DEC13340B3CA05B9F1912A_terseLabel_en-US" xlink:label="lab_us-gaap_ReclassificationFromAociCurrentPeriodTax_7BBEC23D62DEC13340B3CA05B9F1912A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Reclassification adjustment, Tax (expense) benefit </link:label>
<link:label id="lab_us-gaap_ReclassificationFromAociCurrentPeriodTax_7BBEC23D62DEC13340B3CA05B9F1912A_label_en-US" xlink:label="lab_us-gaap_ReclassificationFromAociCurrentPeriodTax_7BBEC23D62DEC13340B3CA05B9F1912A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Reclassification from AOCI, Current Period, Tax </link:label>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossTax_A29A33778DC0EF63454CCA05B9F16F8C_negatedTotalLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossTax_A29A33778DC0EF63454CCA05B9F16F8C" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US"> Total other comprehensive income (loss), Tax (expense) benefit </link:label>
<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossTax_A29A33778DC0EF63454CCA05B9F16F8C_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossTax_A29A33778DC0EF63454CCA05B9F16F8C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Tax </link:label>
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<link:label id="lab_us-gaap_OperatingLeasesRentExpenseNet_3531664D8162F117D659CA34D85AE867_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesRentExpenseNet_3531664D8162F117D659CA34D85AE867" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Operating lease, rent expense </link:label>
<link:label id="lab_us-gaap_OperatingLeasesRentExpenseNet_3531664D8162F117D659CA34D85AE867_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesRentExpenseNet_3531664D8162F117D659CA34D85AE867" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operating Leases, Rent Expense, Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingLeasesRentExpenseNet" xlink:label="loc_us-gaap_OperatingLeasesRentExpenseNet_3531664D8162F117D659CA34D85AE867" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesRentExpenseNet_3531664D8162F117D659CA34D85AE867" xlink:to="lab_us-gaap_OperatingLeasesRentExpenseNet_3531664D8162F117D659CA34D85AE867" xlink:type="arc"/>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_87677C3A8048D20B6BE0CA34D85A36C4_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_87677C3A8048D20B6BE0CA34D85A36C4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Operating lease, future minimum payments, 2018 </link:label>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_87677C3A8048D20B6BE0CA34D85A36C4_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_87677C3A8048D20B6BE0CA34D85A36C4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operating Leases, Future Minimum Payments Due, Next Twelve Months </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_87677C3A8048D20B6BE0CA34D85A36C4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_87677C3A8048D20B6BE0CA34D85A36C4" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_87677C3A8048D20B6BE0CA34D85A36C4" xlink:type="arc"/>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_D8E1E513D5F45AD86C80CA34D85ADC07_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_D8E1E513D5F45AD86C80CA34D85ADC07" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Operating lease, future minimum payments, 2019 </link:label>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_D8E1E513D5F45AD86C80CA34D85ADC07_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_D8E1E513D5F45AD86C80CA34D85ADC07" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operating Leases, Future Minimum Payments, Due in Two Years </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_D8E1E513D5F45AD86C80CA34D85ADC07" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_D8E1E513D5F45AD86C80CA34D85ADC07" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_D8E1E513D5F45AD86C80CA34D85ADC07" xlink:type="arc"/>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_FA47E90C8BEFC1052CE4CA34D85A89B0_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_FA47E90C8BEFC1052CE4CA34D85A89B0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Operating lease, future minimum payments, 2020 </link:label>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_FA47E90C8BEFC1052CE4CA34D85A89B0_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_FA47E90C8BEFC1052CE4CA34D85A89B0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operating Leases, Future Minimum Payments, Due in Three Years </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_FA47E90C8BEFC1052CE4CA34D85A89B0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_FA47E90C8BEFC1052CE4CA34D85A89B0" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_FA47E90C8BEFC1052CE4CA34D85A89B0" xlink:type="arc"/>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_907469B06BB34720D396CA34D85A5FB6_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_907469B06BB34720D396CA34D85A5FB6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Operating lease, future minimum payments, 2021 </link:label>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_907469B06BB34720D396CA34D85A5FB6_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_907469B06BB34720D396CA34D85A5FB6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operating Leases, Future Minimum Payments, Due in Four Years </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_907469B06BB34720D396CA34D85A5FB6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_907469B06BB34720D396CA34D85A5FB6" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_907469B06BB34720D396CA34D85A5FB6" xlink:type="arc"/>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_4205E3A4F0E5DCDE1010CA34D85A2AFB_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_4205E3A4F0E5DCDE1010CA34D85A2AFB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Operating lease, future minimum payments, 2022 </link:label>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_4205E3A4F0E5DCDE1010CA34D85A2AFB_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_4205E3A4F0E5DCDE1010CA34D85A2AFB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operating Leases, Future Minimum Payments, Due in Five Years </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_4205E3A4F0E5DCDE1010CA34D85A2AFB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_4205E3A4F0E5DCDE1010CA34D85A2AFB" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_4205E3A4F0E5DCDE1010CA34D85A2AFB" xlink:type="arc"/>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_DE0C5BC34619BCD6B7C0CA34D85AA911_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_DE0C5BC34619BCD6B7C0CA34D85AA911" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Operating lease, future minimum payments, 2023 and thereafter </link:label>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_DE0C5BC34619BCD6B7C0CA34D85AA911_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_DE0C5BC34619BCD6B7C0CA34D85AA911" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operating Leases, Future Minimum Payments, Due Thereafter </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_DE0C5BC34619BCD6B7C0CA34D85AA911" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_DE0C5BC34619BCD6B7C0CA34D85AA911" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_DE0C5BC34619BCD6B7C0CA34D85AA911" xlink:type="arc"/>
<link:label id="lab_bk_LendingCommitmentMaturingWithinOneYear_4C248D0C4853F30A51B0CA34D85A3284_terseLabel_en-US" xlink:label="lab_bk_LendingCommitmentMaturingWithinOneYear_4C248D0C4853F30A51B0CA34D85A3284" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Lending commitment maturing in less than one year </link:label>
<link:label id="lab_bk_LendingCommitmentMaturingWithinOneYear_4C248D0C4853F30A51B0CA34D85A3284_label_en-US" xlink:label="lab_bk_LendingCommitmentMaturingWithinOneYear_4C248D0C4853F30A51B0CA34D85A3284" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Lending Commitment Maturing Within One Year </link:label>
<link:label id="lab_bk_LendingCommitmentMaturingWithinOneYear_4C248D0C4853F30A51B0CA34D85A3284_documentation_en-US" xlink:label="lab_bk_LendingCommitmentMaturingWithinOneYear_4C248D0C4853F30A51B0CA34D85A3284" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Lending Commitment, Maturing Within One Year </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_LendingCommitmentMaturingWithinOneYear" xlink:label="loc_bk_LendingCommitmentMaturingWithinOneYear_4C248D0C4853F30A51B0CA34D85A3284" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_LendingCommitmentMaturingWithinOneYear_4C248D0C4853F30A51B0CA34D85A3284" xlink:to="lab_bk_LendingCommitmentMaturingWithinOneYear_4C248D0C4853F30A51B0CA34D85A3284" xlink:type="arc"/>
<link:label id="lab_bk_LendingCommitmentMaturingAfterOneThroughFiveYears_F62CEEA8689D1C76211BCA34D85A6493_terseLabel_en-US" xlink:label="lab_bk_LendingCommitmentMaturingAfterOneThroughFiveYears_F62CEEA8689D1C76211BCA34D85A6493" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Lending commitment maturing in one to five years </link:label>
<link:label id="lab_bk_LendingCommitmentMaturingAfterOneThroughFiveYears_F62CEEA8689D1C76211BCA34D85A6493_label_en-US" xlink:label="lab_bk_LendingCommitmentMaturingAfterOneThroughFiveYears_F62CEEA8689D1C76211BCA34D85A6493" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Lending Commitment Maturing After One Through Five Years </link:label>
<link:label id="lab_bk_LendingCommitmentMaturingAfterOneThroughFiveYears_F62CEEA8689D1C76211BCA34D85A6493_documentation_en-US" xlink:label="lab_bk_LendingCommitmentMaturingAfterOneThroughFiveYears_F62CEEA8689D1C76211BCA34D85A6493" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Lending Commitment, Maturing after One Through Five Years </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_LendingCommitmentMaturingAfterOneThroughFiveYears" xlink:label="loc_bk_LendingCommitmentMaturingAfterOneThroughFiveYears_F62CEEA8689D1C76211BCA34D85A6493" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_LendingCommitmentMaturingAfterOneThroughFiveYears_F62CEEA8689D1C76211BCA34D85A6493" xlink:to="lab_bk_LendingCommitmentMaturingAfterOneThroughFiveYears_F62CEEA8689D1C76211BCA34D85A6493" xlink:type="arc"/>
<link:label id="lab_bk_LendingCommitmentMaturingAfterFiveYears_4861E943EBB9C75D845ACA34D85A4986_terseLabel_en-US" xlink:label="lab_bk_LendingCommitmentMaturingAfterFiveYears_4861E943EBB9C75D845ACA34D85A4986" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Lending commitment maturing over five years </link:label>
<link:label id="lab_bk_LendingCommitmentMaturingAfterFiveYears_4861E943EBB9C75D845ACA34D85A4986_label_en-US" xlink:label="lab_bk_LendingCommitmentMaturingAfterFiveYears_4861E943EBB9C75D845ACA34D85A4986" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Lending Commitment Maturing After Five Years </link:label>
<link:label id="lab_bk_LendingCommitmentMaturingAfterFiveYears_4861E943EBB9C75D845ACA34D85A4986_documentation_en-US" xlink:label="lab_bk_LendingCommitmentMaturingAfterFiveYears_4861E943EBB9C75D845ACA34D85A4986" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Lending Commitment, Maturing after Five Years </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_LendingCommitmentMaturingAfterFiveYears" xlink:label="loc_bk_LendingCommitmentMaturingAfterFiveYears_4861E943EBB9C75D845ACA34D85A4986" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_LendingCommitmentMaturingAfterFiveYears_4861E943EBB9C75D845ACA34D85A4986" xlink:to="lab_bk_LendingCommitmentMaturingAfterFiveYears_4861E943EBB9C75D845ACA34D85A4986" xlink:type="arc"/>
<link:label id="lab_bk_ObligationToReturnCashOrSecuritiesReceivedAsCollateral_190C0E4048755AAF2EBCCA34D85B9A84_terseLabel_en-US" xlink:label="lab_bk_ObligationToReturnCashOrSecuritiesReceivedAsCollateral_190C0E4048755AAF2EBCCA34D85B9A84" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Standby letters of credit (SBLC) collateralized with cash and securities </link:label>
<link:label id="lab_bk_ObligationToReturnCashOrSecuritiesReceivedAsCollateral_190C0E4048755AAF2EBCCA34D85B9A84_label_en-US" xlink:label="lab_bk_ObligationToReturnCashOrSecuritiesReceivedAsCollateral_190C0E4048755AAF2EBCCA34D85B9A84" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Obligation To Return Cash Or Securities Received As Collateral </link:label>
<link:label id="lab_bk_ObligationToReturnCashOrSecuritiesReceivedAsCollateral_190C0E4048755AAF2EBCCA34D85B9A84_documentation_en-US" xlink:label="lab_bk_ObligationToReturnCashOrSecuritiesReceivedAsCollateral_190C0E4048755AAF2EBCCA34D85B9A84" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Obligation to Return Cash or Securities Received as Collateral on standby letters of credit </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ObligationToReturnCashOrSecuritiesReceivedAsCollateral" xlink:label="loc_bk_ObligationToReturnCashOrSecuritiesReceivedAsCollateral_190C0E4048755AAF2EBCCA34D85B9A84" xlink:type="locator"/>
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<link:label id="lab_bk_StandbyLettersOfCreditExpiringWithinOneYear_6EAD38C91762CB86E9D9CA34D85BE640_terseLabel_en-US" xlink:label="lab_bk_StandbyLettersOfCreditExpiringWithinOneYear_6EAD38C91762CB86E9D9CA34D85BE640" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> SBLC expiring within one year </link:label>
<link:label id="lab_bk_StandbyLettersOfCreditExpiringWithinOneYear_6EAD38C91762CB86E9D9CA34D85BE640_label_en-US" xlink:label="lab_bk_StandbyLettersOfCreditExpiringWithinOneYear_6EAD38C91762CB86E9D9CA34D85BE640" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Standby Letters Of Credit Expiring Within One Year </link:label>
<link:label id="lab_bk_StandbyLettersOfCreditExpiringWithinOneYear_6EAD38C91762CB86E9D9CA34D85BE640_documentation_en-US" xlink:label="lab_bk_StandbyLettersOfCreditExpiringWithinOneYear_6EAD38C91762CB86E9D9CA34D85BE640" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Standby letters of credit, expiring within one year </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_StandbyLettersOfCreditExpiringWithinOneYear" xlink:label="loc_bk_StandbyLettersOfCreditExpiringWithinOneYear_6EAD38C91762CB86E9D9CA34D85BE640" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_StandbyLettersOfCreditExpiringWithinOneYear_6EAD38C91762CB86E9D9CA34D85BE640" xlink:to="lab_bk_StandbyLettersOfCreditExpiringWithinOneYear_6EAD38C91762CB86E9D9CA34D85BE640" xlink:type="arc"/>
<link:label id="lab_bk_StandbyLettersOfCreditExpiringAfterOneThroughFiveYear_AAE2FFF33E888B718E7ECA34D85B06F8_terseLabel_en-US" xlink:label="lab_bk_StandbyLettersOfCreditExpiringAfterOneThroughFiveYear_AAE2FFF33E888B718E7ECA34D85B06F8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> SBLC expiring within one to five years </link:label>
<link:label id="lab_bk_StandbyLettersOfCreditExpiringAfterOneThroughFiveYear_AAE2FFF33E888B718E7ECA34D85B06F8_label_en-US" xlink:label="lab_bk_StandbyLettersOfCreditExpiringAfterOneThroughFiveYear_AAE2FFF33E888B718E7ECA34D85B06F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Standby Letters Of Credit Expiring After One Through Five Year </link:label>
<link:label id="lab_bk_StandbyLettersOfCreditExpiringAfterOneThroughFiveYear_AAE2FFF33E888B718E7ECA34D85B06F8_documentation_en-US" xlink:label="lab_bk_StandbyLettersOfCreditExpiringAfterOneThroughFiveYear_AAE2FFF33E888B718E7ECA34D85B06F8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Standby letters of credit, expiring after One Through Five Years </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_StandbyLettersOfCreditExpiringAfterOneThroughFiveYear" xlink:label="loc_bk_StandbyLettersOfCreditExpiringAfterOneThroughFiveYear_AAE2FFF33E888B718E7ECA34D85B06F8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_StandbyLettersOfCreditExpiringAfterOneThroughFiveYear_AAE2FFF33E888B718E7ECA34D85B06F8" xlink:to="lab_bk_StandbyLettersOfCreditExpiringAfterOneThroughFiveYear_AAE2FFF33E888B718E7ECA34D85B06F8" xlink:type="arc"/>
<link:label id="lab_bk_OtherLiabilitiesAllowanceForLendingRelatedCommitments_1C1B6F12C6C96EA9D1FACA34D85BD9B2_terseLabel_en-US" xlink:label="lab_bk_OtherLiabilitiesAllowanceForLendingRelatedCommitments_1C1B6F12C6C96EA9D1FACA34D85BD9B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Allowance for lending-related commitments </link:label>
<link:label id="lab_bk_OtherLiabilitiesAllowanceForLendingRelatedCommitments_1C1B6F12C6C96EA9D1FACA34D85BD9B2_label_en-US" xlink:label="lab_bk_OtherLiabilitiesAllowanceForLendingRelatedCommitments_1C1B6F12C6C96EA9D1FACA34D85BD9B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Liabilities Allowance For Lending Related Commitments </link:label>
<link:label id="lab_bk_OtherLiabilitiesAllowanceForLendingRelatedCommitments_1C1B6F12C6C96EA9D1FACA34D85BD9B2_documentation_en-US" xlink:label="lab_bk_OtherLiabilitiesAllowanceForLendingRelatedCommitments_1C1B6F12C6C96EA9D1FACA34D85BD9B2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The allowance for lending related commitments represents the reserve to cover probable credit losses inherent in the lending related commitments portfolio. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_OtherLiabilitiesAllowanceForLendingRelatedCommitments" xlink:label="loc_bk_OtherLiabilitiesAllowanceForLendingRelatedCommitments_1C1B6F12C6C96EA9D1FACA34D85BD9B2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OtherLiabilitiesAllowanceForLendingRelatedCommitments_1C1B6F12C6C96EA9D1FACA34D85BD9B2" xlink:to="lab_bk_OtherLiabilitiesAllowanceForLendingRelatedCommitments_1C1B6F12C6C96EA9D1FACA34D85BD9B2" xlink:type="arc"/>
<link:label id="lab_bk_OffBalanceSheetCreditRisk_3CC9C8E1CD99279164F7CA34D85B48C5_verboseLabel_en-US" xlink:label="lab_bk_OffBalanceSheetCreditRisk_3CC9C8E1CD99279164F7CA34D85B48C5" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Commercial letters of credit </link:label>
<link:label id="lab_bk_OffBalanceSheetCreditRisk_3CC9C8E1CD99279164F7CA34D85B48C5_label_en-US" xlink:label="lab_bk_OffBalanceSheetCreditRisk_3CC9C8E1CD99279164F7CA34D85B48C5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Off Balance Sheet Credit Risk </link:label>
<link:label id="lab_bk_OffBalanceSheetCreditRisk_3CC9C8E1CD99279164F7CA34D85B48C5_documentation_en-US" xlink:label="lab_bk_OffBalanceSheetCreditRisk_3CC9C8E1CD99279164F7CA34D85B48C5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Off balance sheet credit risks </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_OffBalanceSheetCreditRisk" xlink:label="loc_bk_OffBalanceSheetCreditRisk_3CC9C8E1CD99279164F7CA34D85B48C5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OffBalanceSheetCreditRisk_3CC9C8E1CD99279164F7CA34D85B48C5" xlink:to="lab_bk_OffBalanceSheetCreditRisk_3CC9C8E1CD99279164F7CA34D85B48C5" xlink:type="arc"/>
<link:label id="lab_bk_SecuritiesLendingCashCollateralPercentage_3FE04A4F21FD11CB455CCA34D85B8E24_terseLabel_en-US" xlink:label="lab_bk_SecuritiesLendingCashCollateralPercentage_3FE04A4F21FD11CB455CCA34D85B8E24" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Collateralization percentage generally required for a securities lending transaction with indemnification against broker default </link:label>
<link:label id="lab_bk_SecuritiesLendingCashCollateralPercentage_3FE04A4F21FD11CB455CCA34D85B8E24_label_en-US" xlink:label="lab_bk_SecuritiesLendingCashCollateralPercentage_3FE04A4F21FD11CB455CCA34D85B8E24" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Lending Cash Collateral Percentage </link:label>
<link:label id="lab_bk_SecuritiesLendingCashCollateralPercentage_3FE04A4F21FD11CB455CCA34D85B8E24_documentation_en-US" xlink:label="lab_bk_SecuritiesLendingCashCollateralPercentage_3FE04A4F21FD11CB455CCA34D85B8E24" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Cash collateralization percentage generally required for a securities lending transaction. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_SecuritiesLendingCashCollateralPercentage" xlink:label="loc_bk_SecuritiesLendingCashCollateralPercentage_3FE04A4F21FD11CB455CCA34D85B8E24" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SecuritiesLendingCashCollateralPercentage_3FE04A4F21FD11CB455CCA34D85B8E24" xlink:to="lab_bk_SecuritiesLendingCashCollateralPercentage_3FE04A4F21FD11CB455CCA34D85B8E24" xlink:type="arc"/>
<link:label id="lab_bk_SecuritiesLendingIndemnificationsCollateral_12F3E8E4AC1429BCA731CA34D85B07D9_terseLabel_en-US" xlink:label="lab_bk_SecuritiesLendingIndemnificationsCollateral_12F3E8E4AC1429BCA731CA34D85B07D9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities lending indemnifications, secured amount of collateral </link:label>
<link:label id="lab_bk_SecuritiesLendingIndemnificationsCollateral_12F3E8E4AC1429BCA731CA34D85B07D9_label_en-US" xlink:label="lab_bk_SecuritiesLendingIndemnificationsCollateral_12F3E8E4AC1429BCA731CA34D85B07D9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Lending Indemnifications Collateral </link:label>
<link:label id="lab_bk_SecuritiesLendingIndemnificationsCollateral_12F3E8E4AC1429BCA731CA34D85B07D9_documentation_en-US" xlink:label="lab_bk_SecuritiesLendingIndemnificationsCollateral_12F3E8E4AC1429BCA731CA34D85B07D9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This item represents the amount of securities lending indemnifications collateral. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_SecuritiesLendingIndemnificationsCollateral" xlink:label="loc_bk_SecuritiesLendingIndemnificationsCollateral_12F3E8E4AC1429BCA731CA34D85B07D9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SecuritiesLendingIndemnificationsCollateral_12F3E8E4AC1429BCA731CA34D85B07D9" xlink:to="lab_bk_SecuritiesLendingIndemnificationsCollateral_12F3E8E4AC1429BCA731CA34D85B07D9" xlink:type="arc"/>
<link:label id="lab_bk_SecuritiesLendingIndemnificationsJointVenture_C1DEF33390FA7A3B185ECA34D85BA71A_terseLabel_en-US" xlink:label="lab_bk_SecuritiesLendingIndemnificationsJointVenture_C1DEF33390FA7A3B185ECA34D85BA71A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities lending indemnifications, joint venture </link:label>
<link:label id="lab_bk_SecuritiesLendingIndemnificationsJointVenture_C1DEF33390FA7A3B185ECA34D85BA71A_label_en-US" xlink:label="lab_bk_SecuritiesLendingIndemnificationsJointVenture_C1DEF33390FA7A3B185ECA34D85BA71A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Lending Indemnifications Joint Venture </link:label>
<link:label id="lab_bk_SecuritiesLendingIndemnificationsJointVenture_C1DEF33390FA7A3B185ECA34D85BA71A_documentation_en-US" xlink:label="lab_bk_SecuritiesLendingIndemnificationsJointVenture_C1DEF33390FA7A3B185ECA34D85BA71A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This item represents securities lending indemnifications - joint venture </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_SecuritiesLendingIndemnificationsJointVenture" xlink:label="loc_bk_SecuritiesLendingIndemnificationsJointVenture_C1DEF33390FA7A3B185ECA34D85BA71A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SecuritiesLendingIndemnificationsJointVenture_C1DEF33390FA7A3B185ECA34D85BA71A" xlink:to="lab_bk_SecuritiesLendingIndemnificationsJointVenture_C1DEF33390FA7A3B185ECA34D85BA71A" xlink:type="arc"/>
<link:label id="lab_bk_SecuritiesLendingIndemnificationsCollateralJointVenture_101C1B545938726826A9CA34D85BE8A9_terseLabel_en-US" xlink:label="lab_bk_SecuritiesLendingIndemnificationsCollateralJointVenture_101C1B545938726826A9CA34D85BE8A9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities lending indemnifications, collateral joint venture </link:label>
<link:label id="lab_bk_SecuritiesLendingIndemnificationsCollateralJointVenture_101C1B545938726826A9CA34D85BE8A9_label_en-US" xlink:label="lab_bk_SecuritiesLendingIndemnificationsCollateralJointVenture_101C1B545938726826A9CA34D85BE8A9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Lending Indemnifications Collateral Joint Venture </link:label>
<link:label id="lab_bk_SecuritiesLendingIndemnificationsCollateralJointVenture_101C1B545938726826A9CA34D85BE8A9_documentation_en-US" xlink:label="lab_bk_SecuritiesLendingIndemnificationsCollateralJointVenture_101C1B545938726826A9CA34D85BE8A9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This item represents Securities Lending Indemnifications Collateral for Joint Venture </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_SecuritiesLendingIndemnificationsCollateralJointVenture" xlink:label="loc_bk_SecuritiesLendingIndemnificationsCollateralJointVenture_101C1B545938726826A9CA34D85BE8A9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SecuritiesLendingIndemnificationsCollateralJointVenture_101C1B545938726826A9CA34D85BE8A9" xlink:to="lab_bk_SecuritiesLendingIndemnificationsCollateralJointVenture_101C1B545938726826A9CA34D85BE8A9" xlink:type="arc"/>
<link:label id="lab_us-gaap_LossContingencyEstimateOfPossibleLoss_D486E1A6D9102B142353CA34D85B2361_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingencyEstimateOfPossibleLoss_D486E1A6D9102B142353CA34D85B2361" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss contingency, aggregate range of reasonable loss (up to) </link:label>
<link:label id="lab_us-gaap_LossContingencyEstimateOfPossibleLoss_D486E1A6D9102B142353CA34D85B2361_label_en-US" xlink:label="lab_us-gaap_LossContingencyEstimateOfPossibleLoss_D486E1A6D9102B142353CA34D85B2361" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loss Contingency, Estimate of Possible Loss </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LossContingencyEstimateOfPossibleLoss" xlink:label="loc_us-gaap_LossContingencyEstimateOfPossibleLoss_D486E1A6D9102B142353CA34D85B2361" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingencyEstimateOfPossibleLoss_D486E1A6D9102B142353CA34D85B2361" xlink:to="lab_us-gaap_LossContingencyEstimateOfPossibleLoss_D486E1A6D9102B142353CA34D85B2361" xlink:type="arc"/>
<link:label id="lab_bk_LossContingencyNumberofMortgageBackSecuritiesTrust_7A450E3798A109823954CA34D85B421A_terseLabel_en-US" xlink:label="lab_bk_LossContingencyNumberofMortgageBackSecuritiesTrust_7A450E3798A109823954CA34D85B421A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss contingency, number of MBS trusts </link:label>
<link:label id="lab_bk_LossContingencyNumberofMortgageBackSecuritiesTrust_7A450E3798A109823954CA34D85B421A_label_en-US" xlink:label="lab_bk_LossContingencyNumberofMortgageBackSecuritiesTrust_7A450E3798A109823954CA34D85B421A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loss Contingency, Number of Mortgage Back Securities Trust </link:label>
<link:label id="lab_bk_LossContingencyNumberofMortgageBackSecuritiesTrust_7A450E3798A109823954CA34D85B421A_documentation_en-US" xlink:label="lab_bk_LossContingencyNumberofMortgageBackSecuritiesTrust_7A450E3798A109823954CA34D85B421A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Loss Contingency, Number of Mortgage Back Securities Trust </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_LossContingencyNumberofMortgageBackSecuritiesTrust" xlink:label="loc_bk_LossContingencyNumberofMortgageBackSecuritiesTrust_7A450E3798A109823954CA34D85B421A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_LossContingencyNumberofMortgageBackSecuritiesTrust_7A450E3798A109823954CA34D85B421A" xlink:to="lab_bk_LossContingencyNumberofMortgageBackSecuritiesTrust_7A450E3798A109823954CA34D85B421A" xlink:type="arc"/>
<link:label id="lab_us-gaap_LossContingencyPendingClaimsNumber_D0468B362CF4F5EED873CA34D85B40C0_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingencyPendingClaimsNumber_D0468B362CF4F5EED873CA34D85B40C0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Number of lawsuits or class actions (in claims) </link:label>
<link:label id="lab_us-gaap_LossContingencyPendingClaimsNumber_D0468B362CF4F5EED873CA34D85B40C0_label_en-US" xlink:label="lab_us-gaap_LossContingencyPendingClaimsNumber_D0468B362CF4F5EED873CA34D85B40C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loss Contingency, Pending Claims, Number </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LossContingencyPendingClaimsNumber" xlink:label="loc_us-gaap_LossContingencyPendingClaimsNumber_D0468B362CF4F5EED873CA34D85B40C0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingencyPendingClaimsNumber_D0468B362CF4F5EED873CA34D85B40C0" xlink:to="lab_us-gaap_LossContingencyPendingClaimsNumber_D0468B362CF4F5EED873CA34D85B40C0" xlink:type="arc"/>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseAbstract_29925B580F0873D71DD2CA05BA6F904C_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseAbstract_29925B580F0873D71DD2CA05BA6F904C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract] </link:label>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseAbstract_29925B580F0873D71DD2CA05BA6F904C_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseAbstract_29925B580F0873D71DD2CA05BA6F904C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseAbstract" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseAbstract_29925B580F0873D71DD2CA05BA6F904C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseAbstract_29925B580F0873D71DD2CA05BA6F904C" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseAbstract_29925B580F0873D71DD2CA05BA6F904C" xlink:type="arc"/>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_FB49A8D57EC30E3F97D1CA05BA6FD02F_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_FB49A8D57EC30E3F97D1CA05BA6FD02F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2018 </link:label>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_FB49A8D57EC30E3F97D1CA05BA6FD02F_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_FB49A8D57EC30E3F97D1CA05BA6FD02F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_FB49A8D57EC30E3F97D1CA05BA6FD02F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_FB49A8D57EC30E3F97D1CA05BA6FD02F" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_FB49A8D57EC30E3F97D1CA05BA6FD02F" xlink:type="arc"/>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_5A45761B738D0F8D31B7CA05BA6FD3EA_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_5A45761B738D0F8D31B7CA05BA6FD3EA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2019 </link:label>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_5A45761B738D0F8D31B7CA05BA6FD3EA_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_5A45761B738D0F8D31B7CA05BA6FD3EA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets, Amortization Expense, Year Two </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_5A45761B738D0F8D31B7CA05BA6FD3EA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_5A45761B738D0F8D31B7CA05BA6FD3EA" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_5A45761B738D0F8D31B7CA05BA6FD3EA" xlink:type="arc"/>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_906B0D948BF5471796F1CA05BA6FF3B6_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_906B0D948BF5471796F1CA05BA6FF3B6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2020 </link:label>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_906B0D948BF5471796F1CA05BA6FF3B6_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_906B0D948BF5471796F1CA05BA6FF3B6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets, Amortization Expense, Year Three </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_906B0D948BF5471796F1CA05BA6FF3B6" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_F1BC8A4E8696064DB8BCCA05BA6F6AD4_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_F1BC8A4E8696064DB8BCCA05BA6F6AD4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2021 </link:label>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_F1BC8A4E8696064DB8BCCA05BA6F6AD4_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_F1BC8A4E8696064DB8BCCA05BA6F6AD4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets, Amortization Expense, Year Four </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_F1BC8A4E8696064DB8BCCA05BA6F6AD4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_B44965C3BADFBE7E4AD1CA05BA6FD2AC_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_B44965C3BADFBE7E4AD1CA05BA6FD2AC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2022 </link:label>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_B44965C3BADFBE7E4AD1CA05BA6FD2AC_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_B44965C3BADFBE7E4AD1CA05BA6FD2AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets, Amortization Expense, Year Five </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_B44965C3BADFBE7E4AD1CA05BA6FD2AC" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_FEE79AC42E1E41AA46B5CA05B9E244FD_terseLabel_en-US" xlink:label="lab_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_FEE79AC42E1E41AA46B5CA05B9E244FD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stock-based compensation </link:label>
<link:label id="lab_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_FEE79AC42E1E41AA46B5CA05B9E244FD_label_en-US" xlink:label="lab_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_FEE79AC42E1E41AA46B5CA05B9E244FD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disclosure of Compensation Related Costs, Share-based Payments [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock" xlink:label="loc_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_FEE79AC42E1E41AA46B5CA05B9E244FD" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueByBalanceSheetGroupingTable_E80C907CD4350F302701CA05B78E1034_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByBalanceSheetGroupingTable_E80C907CD4350F302701CA05B78E1034" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, by Balance Sheet Grouping [Table] </link:label>
<link:label id="lab_us-gaap_FairValueByBalanceSheetGroupingTable_E80C907CD4350F302701CA05B78E1034_label_en-US" xlink:label="lab_us-gaap_FairValueByBalanceSheetGroupingTable_E80C907CD4350F302701CA05B78E1034" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, by Balance Sheet Grouping [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueByBalanceSheetGroupingTable" xlink:label="loc_us-gaap_FairValueByBalanceSheetGroupingTable_E80C907CD4350F302701CA05B78E1034" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_AD928A8E5781AAD1A589CA05B78FF3BA_verboseLabel_en-US" xlink:label="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_AD928A8E5781AAD1A589CA05B78FF3BA" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Carrying amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CarryingReportedAmountFairValueDisclosureMember" xlink:label="loc_us-gaap_CarryingReportedAmountFairValueDisclosureMember_AD928A8E5781AAD1A589CA05B78FF3BA" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_B2B9ACBDDB8F4A75A165CA05B78F9A73_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_B2B9ACBDDB8F4A75A165CA05B78F9A73" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] </link:label>
<link:label id="lab_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_B2B9ACBDDB8F4A75A165CA05B78F9A73_label_en-US" xlink:label="lab_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_B2B9ACBDDB8F4A75A165CA05B78F9A73" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems" xlink:label="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_B2B9ACBDDB8F4A75A165CA05B78F9A73" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_B2B9ACBDDB8F4A75A165CA05B78F9A73" xlink:to="lab_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_B2B9ACBDDB8F4A75A165CA05B78F9A73" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancialInstrumentsFinancialAssetsBalanceSheetGroupingsAbstract_D5671860608FBD3734A8CA05B78F1EFF_terseLabel_en-US" xlink:label="lab_us-gaap_FinancialInstrumentsFinancialAssetsBalanceSheetGroupingsAbstract_D5671860608FBD3734A8CA05B78F1EFF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Assets: </link:label>
<link:label id="lab_us-gaap_FinancialInstrumentsFinancialAssetsBalanceSheetGroupingsAbstract_D5671860608FBD3734A8CA05B78F1EFF_label_en-US" xlink:label="lab_us-gaap_FinancialInstrumentsFinancialAssetsBalanceSheetGroupingsAbstract_D5671860608FBD3734A8CA05B78F1EFF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinancialInstrumentsFinancialAssetsBalanceSheetGroupingsAbstract" xlink:label="loc_us-gaap_FinancialInstrumentsFinancialAssetsBalanceSheetGroupingsAbstract_D5671860608FBD3734A8CA05B78F1EFF" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure_01E3912C3337A807E260CA05B7943C03_terseLabel_en-US" xlink:label="lab_us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure_01E3912C3337A807E260CA05B7943C03" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Federal funds sold and securities purchased under resale agreements </link:label>
<link:label id="lab_us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure_01E3912C3337A807E260CA05B7943C03_label_en-US" xlink:label="lab_us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure_01E3912C3337A807E260CA05B7943C03" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Federal Funds Sold and Securities Borrowed or Purchased under Agreements to Resell, Fair Value Disclosure </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure" xlink:label="loc_us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure_01E3912C3337A807E260CA05B7943C03" xlink:type="locator"/>
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<link:label id="lab_us-gaap_HeldToMaturitySecuritiesFairValue_58CEA91B747D8C4FBAB7CA05B79505C5_verboseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesFairValue_58CEA91B747D8C4FBAB7CA05B79505C5" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Securities held-to-maturity </link:label>
<link:label id="lab_us-gaap_HeldToMaturitySecuritiesFairValue_58CEA91B747D8C4FBAB7CA05B79505C5_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesFairValue_58CEA91B747D8C4FBAB7CA05B79505C5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Held-to-maturity Securities, Fair Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesFairValue_58CEA91B747D8C4FBAB7CA05B79505C5" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LoansReceivableFairValueDisclosure_5D7283727D0312D960BBCA05B795BD36_terseLabel_en-US" xlink:label="lab_us-gaap_LoansReceivableFairValueDisclosure_5D7283727D0312D960BBCA05B795BD36" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans </link:label>
<link:label id="lab_us-gaap_LoansReceivableFairValueDisclosure_5D7283727D0312D960BBCA05B795BD36_label_en-US" xlink:label="lab_us-gaap_LoansReceivableFairValueDisclosure_5D7283727D0312D960BBCA05B795BD36" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans Receivable, Fair Value Disclosure </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LoansReceivableFairValueDisclosure" xlink:label="loc_us-gaap_LoansReceivableFairValueDisclosure_5D7283727D0312D960BBCA05B795BD36" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherAssetsFairValueDisclosure_D5B36D92FCECE0C561EFCA05B795EF73_positiveLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsFairValueDisclosure_D5B36D92FCECE0C561EFCA05B795EF73" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:type="resource" xml:lang="en-US"> Other financial assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherAssetsFairValueDisclosure" xlink:label="loc_us-gaap_OtherAssetsFairValueDisclosure_D5B36D92FCECE0C561EFCA05B795EF73" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract_63C0AF46E2055488393CCA05B795D514_terseLabel_en-US" xlink:label="lab_us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract_63C0AF46E2055488393CCA05B795D514" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Liabilities: </link:label>
<link:label id="lab_us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract_63C0AF46E2055488393CCA05B795D514_label_en-US" xlink:label="lab_us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract_63C0AF46E2055488393CCA05B795D514" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract] </link:label>
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<link:label id="lab_us-gaap_NoninterestBearingDomesticDepositDemand_F175573344826F3C9098CA05B7958277_verboseLabel_en-US" xlink:label="lab_us-gaap_NoninterestBearingDomesticDepositDemand_F175573344826F3C9098CA05B7958277" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Noninterest-bearing deposits </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NoninterestBearingDomesticDepositDemand" xlink:label="loc_us-gaap_NoninterestBearingDomesticDepositDemand_F175573344826F3C9098CA05B7958277" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestBearingDepositLiabilities_EA3B6BFE7C892361F36FCA05B795276D_terseLabel_en-US" xlink:label="lab_us-gaap_InterestBearingDepositLiabilities_EA3B6BFE7C892361F36FCA05B795276D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest-bearing deposits </link:label>
<link:label id="lab_us-gaap_InterestBearingDepositLiabilities_EA3B6BFE7C892361F36FCA05B795276D_label_en-US" xlink:label="lab_us-gaap_InterestBearingDepositLiabilities_EA3B6BFE7C892361F36FCA05B795276D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest-bearing Deposit Liabilities </link:label>
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<link:label id="lab_us-gaap_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure_BCC3D4277E1C2358905BCA05B7954092_terseLabel_en-US" xlink:label="lab_us-gaap_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure_BCC3D4277E1C2358905BCA05B7954092" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Federal funds purchased and securities sold under repurchase agreements </link:label>
<link:label id="lab_us-gaap_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure_BCC3D4277E1C2358905BCA05B7954092_label_en-US" xlink:label="lab_us-gaap_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure_BCC3D4277E1C2358905BCA05B7954092" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Federal Funds Purchased and Securities Loaned or Sold under Agreements to Repurchase, Fair Value Disclosure </link:label>
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<link:label id="lab_us-gaap_ShorttermDebtFairValue_C1A90A1865DB4497D150CA05B7950891_terseLabel_en-US" xlink:label="lab_us-gaap_ShorttermDebtFairValue_C1A90A1865DB4497D150CA05B7950891" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Borrowings </link:label>
<link:label id="lab_us-gaap_ShorttermDebtFairValue_C1A90A1865DB4497D150CA05B7950891_label_en-US" xlink:label="lab_us-gaap_ShorttermDebtFairValue_C1A90A1865DB4497D150CA05B7950891" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Short-term Debt, Fair Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShorttermDebtFairValue" xlink:label="loc_us-gaap_ShorttermDebtFairValue_C1A90A1865DB4497D150CA05B7950891" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FinancialLiabilitiesFairValueDisclosure_9AC6F2BA9DD08AA323FACA05B7951638_totalLabel_en-US" xlink:label="lab_us-gaap_FinancialLiabilitiesFairValueDisclosure_9AC6F2BA9DD08AA323FACA05B7951638" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total liabilities </link:label>
<link:label id="lab_us-gaap_FinancialLiabilitiesFairValueDisclosure_9AC6F2BA9DD08AA323FACA05B7951638_label_en-US" xlink:label="lab_us-gaap_FinancialLiabilitiesFairValueDisclosure_9AC6F2BA9DD08AA323FACA05B7951638" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financial Liabilities Fair Value Disclosure </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinancialLiabilitiesFairValueDisclosure" xlink:label="loc_us-gaap_FinancialLiabilitiesFairValueDisclosure_9AC6F2BA9DD08AA323FACA05B7951638" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StatementOfCashFlowsAbstract_5A6E59934B0EBC8847A8D2FE70C24420_label_en-US" xlink:label="lab_us-gaap_StatementOfCashFlowsAbstract_5A6E59934B0EBC8847A8D2FE70C24420" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Statement of Cash Flows [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="loc_us-gaap_StatementOfCashFlowsAbstract_5A6E59934B0EBC8847A8D2FE70C24420" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_13EC743443CBCFC285BFD2FE70C28E87_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_13EC743443CBCFC285BFD2FE70C28E87" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Operating activities </link:label>
<link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_13EC743443CBCFC285BFD2FE70C28E87_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_13EC743443CBCFC285BFD2FE70C28E87" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Operating Activities [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_13EC743443CBCFC285BFD2FE70C28E87" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ProfitLoss_5CAA6D1C52564FDABE33D2FE70C21D9F_verboseLabel_en-US" xlink:label="lab_us-gaap_ProfitLoss_5CAA6D1C52564FDABE33D2FE70C21D9F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Net income </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_5CAA6D1C52564FDABE33D2FE70C21D9F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_4DB46D8CE22C77FDF95AD2FE70C24EED_negatedNetLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_4DB46D8CE22C77FDF95AD2FE70C24EED" xlink:role="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:type="resource" xml:lang="en-US"> Net (income) loss attributable to noncontrolling interests </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_4DB46D8CE22C77FDF95AD2FE70C24EED" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_4DB46D8CE22C77FDF95AD2FE70C24EED" xlink:to="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_4DB46D8CE22C77FDF95AD2FE70C24EED" xlink:type="arc"/>
<link:label id="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_36E601212987404B543ED2FE70C2FDF6_terseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_36E601212987404B543ED2FE70C2FDF6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Adjustments to reconcile net income to net cash provided by operating activities: </link:label>
<link:label id="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_36E601212987404B543ED2FE70C2FDF6_label_en-US" xlink:label="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_36E601212987404B543ED2FE70C2FDF6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_36E601212987404B543ED2FE70C2FDF6" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PensionContributions_DE3DC18A1B970F633FDBD2FE70C212AF_negatedLabel_en-US" xlink:label="lab_us-gaap_PensionContributions_DE3DC18A1B970F633FDBD2FE70C212AF" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Pension plan contributions </link:label>
<link:label id="lab_us-gaap_PensionContributions_DE3DC18A1B970F633FDBD2FE70C212AF_label_en-US" xlink:label="lab_us-gaap_PensionContributions_DE3DC18A1B970F633FDBD2FE70C212AF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payment for Pension Benefits </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PensionContributions" xlink:label="loc_us-gaap_PensionContributions_DE3DC18A1B970F633FDBD2FE70C212AF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PensionContributions_DE3DC18A1B970F633FDBD2FE70C212AF" xlink:to="lab_us-gaap_PensionContributions_DE3DC18A1B970F633FDBD2FE70C212AF" xlink:type="arc"/>
<link:label id="lab_us-gaap_DepreciationAmortizationAndAccretionNet_674526BEA2432FB2D41ED2FE70C225AE_terseLabel_en-US" xlink:label="lab_us-gaap_DepreciationAmortizationAndAccretionNet_674526BEA2432FB2D41ED2FE70C225AE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Depreciation and amortization </link:label>
<link:label id="lab_us-gaap_DepreciationAmortizationAndAccretionNet_674526BEA2432FB2D41ED2FE70C225AE_label_en-US" xlink:label="lab_us-gaap_DepreciationAmortizationAndAccretionNet_674526BEA2432FB2D41ED2FE70C225AE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Depreciation, Amortization and Accretion, Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DepreciationAmortizationAndAccretionNet" xlink:label="loc_us-gaap_DepreciationAmortizationAndAccretionNet_674526BEA2432FB2D41ED2FE70C225AE" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_BF4D2E598857C6F6CEE1D2FE70C23EFE_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_BF4D2E598857C6F6CEE1D2FE70C23EFE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deferred tax expense (benefit) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_BF4D2E598857C6F6CEE1D2FE70C23EFE" xlink:type="locator"/>
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<link:label id="lab_bk_NetSecuritiesGainLoss_58A4B61BB47CF2120761D2FE70C2D421_negatedLabel_en-US" xlink:label="lab_bk_NetSecuritiesGainLoss_58A4B61BB47CF2120761D2FE70C2D421" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Net securities (gains) </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_NetSecuritiesGainLoss" xlink:label="loc_bk_NetSecuritiesGainLoss_58A4B61BB47CF2120761D2FE70C2D421" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncreaseDecreaseInTradingSecurities_525D400D8520762C3E0DD2FE70C2671F_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInTradingSecurities_525D400D8520762C3E0DD2FE70C2671F" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Change in trading assets and liabilities </link:label>
<link:label id="lab_us-gaap_IncreaseDecreaseInTradingSecurities_525D400D8520762C3E0DD2FE70C2671F_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInTradingSecurities_525D400D8520762C3E0DD2FE70C2671F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Trading Securities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInTradingSecurities" xlink:label="loc_us-gaap_IncreaseDecreaseInTradingSecurities_525D400D8520762C3E0DD2FE70C2671F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PaymentsForOriginationAndPurchasesOfLoansHeldForSale_7C65A9B47E757876CE6ED2FE70C28B81_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForOriginationAndPurchasesOfLoansHeldForSale_7C65A9B47E757876CE6ED2FE70C28B81" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Originations of loans held-for-sale </link:label>
<link:label id="lab_us-gaap_PaymentsForOriginationAndPurchasesOfLoansHeldForSale_7C65A9B47E757876CE6ED2FE70C28B81_label_en-US" xlink:label="lab_us-gaap_PaymentsForOriginationAndPurchasesOfLoansHeldForSale_7C65A9B47E757876CE6ED2FE70C28B81" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments for Origination and Purchases of Loans Held-for-sale </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsForOriginationAndPurchasesOfLoansHeldForSale" xlink:label="loc_us-gaap_PaymentsForOriginationAndPurchasesOfLoansHeldForSale_7C65A9B47E757876CE6ED2FE70C28B81" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ProceedsFromSaleOfLoansHeldForSale_C60060BC94C4D6477AEBD2FE70C2DEC7_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfLoansHeldForSale_C60060BC94C4D6477AEBD2FE70C2DEC7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds from the sales of loans originated for sale </link:label>
<link:label id="lab_us-gaap_ProceedsFromSaleOfLoansHeldForSale_C60060BC94C4D6477AEBD2FE70C2DEC7_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfLoansHeldForSale_C60060BC94C4D6477AEBD2FE70C2DEC7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Sale of Loans Held-for-sale </link:label>
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<link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_6AB3F4D4D4D0F79F9EEBD2FE70C26980_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_6AB3F4D4D4D0F79F9EEBD2FE70C26980" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in accruals and other, net </link:label>
<link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_6AB3F4D4D4D0F79F9EEBD2FE70C26980_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_6AB3F4D4D4D0F79F9EEBD2FE70C26980" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Other Operating Liabilities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_6AB3F4D4D4D0F79F9EEBD2FE70C26980" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_8C419C6F7B00CB48206CD2FE70C2E7B8_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_8C419C6F7B00CB48206CD2FE70C2E7B8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investing activities </link:label>
<link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_8C419C6F7B00CB48206CD2FE70C2E7B8_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_8C419C6F7B00CB48206CD2FE70C2E7B8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Investing Activities [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_8C419C6F7B00CB48206CD2FE70C2E7B8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_8C419C6F7B00CB48206CD2FE70C2E7B8" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_8C419C6F7B00CB48206CD2FE70C2E7B8" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks_21A3A1F57AEA02DA3215D2FE70C2F62C_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks_21A3A1F57AEA02DA3215D2FE70C2F62C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in interest-bearing deposits with banks </link:label>
<link:label id="lab_us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks_21A3A1F57AEA02DA3215D2FE70C2F62C_label_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks_21A3A1F57AEA02DA3215D2FE70C2F62C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from (Payments for) in Interest-bearing Deposits in Banks </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks" xlink:label="loc_us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks_21A3A1F57AEA02DA3215D2FE70C2F62C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks_21A3A1F57AEA02DA3215D2FE70C2F62C" xlink:to="lab_us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks_21A3A1F57AEA02DA3215D2FE70C2F62C" xlink:type="arc"/>
<link:label id="lab_bk_NetChangeInInterestBearingDepositsWithFederalReserveAndOtherCentralBanks_CF0420963B28EC5C1364D2FE70C2DEC8_terseLabel_en-US" xlink:label="lab_bk_NetChangeInInterestBearingDepositsWithFederalReserveAndOtherCentralBanks_CF0420963B28EC5C1364D2FE70C2DEC8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in interest-bearing deposits with the Federal Reserve and other central banks </link:label>
<link:label id="lab_bk_NetChangeInInterestBearingDepositsWithFederalReserveAndOtherCentralBanks_CF0420963B28EC5C1364D2FE70C2DEC8_label_en-US" xlink:label="lab_bk_NetChangeInInterestBearingDepositsWithFederalReserveAndOtherCentralBanks_CF0420963B28EC5C1364D2FE70C2DEC8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Change In Interest Bearing Deposits With Federal Reserve And Other Central Banks </link:label>
<link:label id="lab_bk_NetChangeInInterestBearingDepositsWithFederalReserveAndOtherCentralBanks_CF0420963B28EC5C1364D2FE70C2DEC8_documentation_en-US" xlink:label="lab_bk_NetChangeInInterestBearingDepositsWithFederalReserveAndOtherCentralBanks_CF0420963B28EC5C1364D2FE70C2DEC8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The net cash inflow (outflow) in interest-bearing deposits held at the Federal Reserve and other central banks for relatively short periods of time. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_NetChangeInInterestBearingDepositsWithFederalReserveAndOtherCentralBanks" xlink:label="loc_bk_NetChangeInInterestBearingDepositsWithFederalReserveAndOtherCentralBanks_CF0420963B28EC5C1364D2FE70C2DEC8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_9F90848126AEB3B1F8BAD2FE70C2C7B9_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_9F90848126AEB3B1F8BAD2FE70C2C7B9" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Purchases of securities held-to-maturity </link:label>
<link:label id="lab_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_9F90848126AEB3B1F8BAD2FE70C2C7B9_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_9F90848126AEB3B1F8BAD2FE70C2C7B9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments to Acquire Held-to-maturity Securities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsToAcquireHeldToMaturitySecurities" xlink:label="loc_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_9F90848126AEB3B1F8BAD2FE70C2C7B9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_9F90848126AEB3B1F8BAD2FE70C2C7B9" xlink:to="lab_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_9F90848126AEB3B1F8BAD2FE70C2C7B9" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities_5D7B34D7B39DDF42D16DD2FE70C2DA8D_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities_5D7B34D7B39DDF42D16DD2FE70C2DA8D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Paydowns of securities held-to-maturity </link:label>
<link:label id="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities_5D7B34D7B39DDF42D16DD2FE70C2DA8D_label_en-US" xlink:label="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities_5D7B34D7B39DDF42D16DD2FE70C2DA8D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Maturities, Prepayments and Calls of Held-to-maturity Securities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities" xlink:label="loc_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities_5D7B34D7B39DDF42D16DD2FE70C2DA8D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities_5D7B34D7B39DDF42D16DD2FE70C2DA8D" xlink:to="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities_5D7B34D7B39DDF42D16DD2FE70C2DA8D" xlink:type="arc"/>
<link:label id="lab_bk_ProceedsFromMaturitiesAndCallsOfHeldToMaturitySecurities_705371614A9C0D6827A5D2FE70C2E57F_terseLabel_en-US" xlink:label="lab_bk_ProceedsFromMaturitiesAndCallsOfHeldToMaturitySecurities_705371614A9C0D6827A5D2FE70C2E57F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Maturities of securities held-to-maturity </link:label>
<link:label id="lab_bk_ProceedsFromMaturitiesAndCallsOfHeldToMaturitySecurities_705371614A9C0D6827A5D2FE70C2E57F_label_en-US" xlink:label="lab_bk_ProceedsFromMaturitiesAndCallsOfHeldToMaturitySecurities_705371614A9C0D6827A5D2FE70C2E57F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds From Maturities And Calls Of Held To Maturity Securities </link:label>
<link:label id="lab_bk_ProceedsFromMaturitiesAndCallsOfHeldToMaturitySecurities_705371614A9C0D6827A5D2FE70C2E57F_documentation_en-US" xlink:label="lab_bk_ProceedsFromMaturitiesAndCallsOfHeldToMaturitySecurities_705371614A9C0D6827A5D2FE70C2E57F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The cash inflow associated with the maturity and calls (requests for early payments) of debt securities designated as held-to-maturity. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ProceedsFromMaturitiesAndCallsOfHeldToMaturitySecurities" xlink:label="loc_bk_ProceedsFromMaturitiesAndCallsOfHeldToMaturitySecurities_705371614A9C0D6827A5D2FE70C2E57F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ProceedsFromMaturitiesAndCallsOfHeldToMaturitySecurities_705371614A9C0D6827A5D2FE70C2E57F" xlink:to="lab_bk_ProceedsFromMaturitiesAndCallsOfHeldToMaturitySecurities_705371614A9C0D6827A5D2FE70C2E57F" xlink:type="arc"/>
<link:label id="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_7079B361ADC4A2D1AFE9D2FE70C204FA_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_7079B361ADC4A2D1AFE9D2FE70C204FA" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Purchases of securities available-for-sale </link:label>
<link:label id="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_7079B361ADC4A2D1AFE9D2FE70C204FA_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_7079B361ADC4A2D1AFE9D2FE70C204FA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments to Acquire Available-for-sale Securities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsToAcquireAvailableForSaleSecurities" xlink:label="loc_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_7079B361ADC4A2D1AFE9D2FE70C204FA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_7079B361ADC4A2D1AFE9D2FE70C204FA" xlink:to="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_7079B361ADC4A2D1AFE9D2FE70C204FA" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_8FC0CB94EEB88960F3E9D2FE70C26516_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_8FC0CB94EEB88960F3E9D2FE70C26516" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Sales of securities available-for-sale </link:label>
<link:label id="lab_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_8FC0CB94EEB88960F3E9D2FE70C26516_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_8FC0CB94EEB88960F3E9D2FE70C26516" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Sale of Available-for-sale Securities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities" xlink:label="loc_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_8FC0CB94EEB88960F3E9D2FE70C26516" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_C183F43611664BBEFFEBD2FE70C21316_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_C183F43611664BBEFFEBD2FE70C21316" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Paydowns of securities available-for-sale </link:label>
<link:label id="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_C183F43611664BBEFFEBD2FE70C21316_label_en-US" xlink:label="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_C183F43611664BBEFFEBD2FE70C21316" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Maturities, Prepayments and Calls of Available-for-sale Securities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities" xlink:label="loc_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_C183F43611664BBEFFEBD2FE70C21316" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_C183F43611664BBEFFEBD2FE70C21316" xlink:to="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_C183F43611664BBEFFEBD2FE70C21316" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities_6EDDC29440A6395DC4ADD2FE70C25751_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities_6EDDC29440A6395DC4ADD2FE70C25751" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Maturities of securities available-for-sale </link:label>
<link:label id="lab_us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities_6EDDC29440A6395DC4ADD2FE70C25751_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities_6EDDC29440A6395DC4ADD2FE70C25751" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Sale and Maturity of Available-for-sale Securities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities" xlink:label="loc_us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities_6EDDC29440A6395DC4ADD2FE70C25751" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PaymentsForProceedsFromLoansAndLeases_8300DFEE6ED3DE21A51BD2FE70C27C02_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromLoansAndLeases_8300DFEE6ED3DE21A51BD2FE70C27C02" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Net change in loans </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsForProceedsFromLoansAndLeases" xlink:label="loc_us-gaap_PaymentsForProceedsFromLoansAndLeases_8300DFEE6ED3DE21A51BD2FE70C27C02" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ProceedsFromSaleOfLoansAndLeasesHeldForInvestment_A26661C442E122A590DAD2FE70C205C1_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfLoansAndLeasesHeldForInvestment_A26661C442E122A590DAD2FE70C205C1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Sales of loans and other real estate </link:label>
<link:label id="lab_us-gaap_ProceedsFromSaleOfLoansAndLeasesHeldForInvestment_A26661C442E122A590DAD2FE70C205C1_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfLoansAndLeasesHeldForInvestment_A26661C442E122A590DAD2FE70C205C1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Sale of Loans and Leases Held-for-investment </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromSaleOfLoansAndLeasesHeldForInvestment" xlink:label="loc_us-gaap_ProceedsFromSaleOfLoansAndLeasesHeldForInvestment_A26661C442E122A590DAD2FE70C205C1" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResellNet_A962FE84FA6B78CB643ED2FE70C25727_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResellNet_A962FE84FA6B78CB643ED2FE70C25727" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in federal funds sold and securities purchased under resale agreements </link:label>
<link:label id="lab_us-gaap_ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResellNet_A962FE84FA6B78CB643ED2FE70C25727_label_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResellNet_A962FE84FA6B78CB643ED2FE70C25727" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from (Payments for) Federal Funds Sold and Securities Purchased under Agreements to Resell, Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResellNet" xlink:label="loc_us-gaap_ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResellNet_A962FE84FA6B78CB643ED2FE70C25727" xlink:type="locator"/>
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<link:label id="lab_bk_PaymentsForProceedsFromOtherInvestments_AC87DFA9C57E5D5F259CD2FE70C212F2_negatedLabel_en-US" xlink:label="lab_bk_PaymentsForProceedsFromOtherInvestments_AC87DFA9C57E5D5F259CD2FE70C212F2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Net change in seed capital investments </link:label>
<link:label id="lab_bk_PaymentsForProceedsFromOtherInvestments_AC87DFA9C57E5D5F259CD2FE70C212F2_label_en-US" xlink:label="lab_bk_PaymentsForProceedsFromOtherInvestments_AC87DFA9C57E5D5F259CD2FE70C212F2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments For Proceeds From Other Investments </link:label>
<link:label id="lab_bk_PaymentsForProceedsFromOtherInvestments_AC87DFA9C57E5D5F259CD2FE70C212F2_documentation_en-US" xlink:label="lab_bk_PaymentsForProceedsFromOtherInvestments_AC87DFA9C57E5D5F259CD2FE70C212F2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The net cash inflow (outflow) associated with the initial capital investment, or the liquidation of a capital investment, in a mutual fund during the period. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_PaymentsForProceedsFromOtherInvestments" xlink:label="loc_bk_PaymentsForProceedsFromOtherInvestments_AC87DFA9C57E5D5F259CD2FE70C212F2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_PaymentsForProceedsFromOtherInvestments_AC87DFA9C57E5D5F259CD2FE70C212F2" xlink:to="lab_bk_PaymentsForProceedsFromOtherInvestments_AC87DFA9C57E5D5F259CD2FE70C212F2" xlink:type="arc"/>
<link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_0D6A1FA1E48E281015F9D2FE70C21CA9_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_0D6A1FA1E48E281015F9D2FE70C21CA9" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Purchases of premises and equipment/capitalized software </link:label>
<link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_0D6A1FA1E48E281015F9D2FE70C21CA9_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_0D6A1FA1E48E281015F9D2FE70C21CA9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments to Acquire Property, Plant, and Equipment </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_0D6A1FA1E48E281015F9D2FE70C21CA9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_0D6A1FA1E48E281015F9D2FE70C21CA9" xlink:to="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_0D6A1FA1E48E281015F9D2FE70C21CA9" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_C4722A8B6B143A6D437FD2FE70C21810_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_C4722A8B6B143A6D437FD2FE70C21810" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds from the sale of premises and equipment </link:label>
<link:label id="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_C4722A8B6B143A6D437FD2FE70C21810_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_C4722A8B6B143A6D437FD2FE70C21810" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Sale of Property, Plant, and Equipment </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment" xlink:label="loc_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_C4722A8B6B143A6D437FD2FE70C21810" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_C4722A8B6B143A6D437FD2FE70C21810" xlink:to="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_C4722A8B6B143A6D437FD2FE70C21810" xlink:type="arc"/>
<link:label id="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_5E7F332B51DE28CB7ACBD2FE70C2F247_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_5E7F332B51DE28CB7ACBD2FE70C2F247" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Acquisitions, net of cash </link:label>
<link:label id="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_5E7F332B51DE28CB7ACBD2FE70C2F247_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_5E7F332B51DE28CB7ACBD2FE70C2F247" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments to Acquire Businesses, Net of Cash Acquired </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired" xlink:label="loc_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_5E7F332B51DE28CB7ACBD2FE70C2F247" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_5E7F332B51DE28CB7ACBD2FE70C2F247" xlink:to="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_5E7F332B51DE28CB7ACBD2FE70C2F247" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested_06573A5E718FC47FF09FD2FE70C2C5A2_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested_06573A5E718FC47FF09FD2FE70C2C5A2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Dispositions, net of cash </link:label>
<link:label id="lab_us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested_06573A5E718FC47FF09FD2FE70C2C5A2_label_en-US" xlink:label="lab_us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested_06573A5E718FC47FF09FD2FE70C2C5A2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Divestiture of Businesses, Net of Cash Divested </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested" xlink:label="loc_us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested_06573A5E718FC47FF09FD2FE70C2C5A2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested_06573A5E718FC47FF09FD2FE70C2C5A2" xlink:to="lab_us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested_06573A5E718FC47FF09FD2FE70C2C5A2" xlink:type="arc"/>
<link:label id="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_39A8ED1F9C246A444F21D2FE70C21405_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_39A8ED1F9C246A444F21D2FE70C21405" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Other, net </link:label>
<link:label id="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_39A8ED1F9C246A444F21D2FE70C21405_label_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_39A8ED1F9C246A444F21D2FE70C21405" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments for (Proceeds from) Other Investing Activities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xlink:label="loc_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_39A8ED1F9C246A444F21D2FE70C21405" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_39A8ED1F9C246A444F21D2FE70C21405" xlink:to="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_39A8ED1F9C246A444F21D2FE70C21405" xlink:type="arc"/>
<link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_AFE77940243FECE30FBDD2FE70C23A38_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_AFE77940243FECE30FBDD2FE70C23A38" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing activities </link:label>
<link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_AFE77940243FECE30FBDD2FE70C23A38_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_AFE77940243FECE30FBDD2FE70C23A38" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Financing Activities [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_AFE77940243FECE30FBDD2FE70C23A38" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_AFE77940243FECE30FBDD2FE70C23A38" xlink:to="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_AFE77940243FECE30FBDD2FE70C23A38" xlink:type="arc"/>
<link:label id="lab_us-gaap_IncreaseDecreaseInDeposits_643272CC0646A00F3EE0D2FE70C2341E_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInDeposits_643272CC0646A00F3EE0D2FE70C2341E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in deposits </link:label>
<link:label id="lab_us-gaap_IncreaseDecreaseInDeposits_643272CC0646A00F3EE0D2FE70C2341E_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInDeposits_643272CC0646A00F3EE0D2FE70C2341E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Deposits </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInDeposits" xlink:label="loc_us-gaap_IncreaseDecreaseInDeposits_643272CC0646A00F3EE0D2FE70C2341E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInDeposits_643272CC0646A00F3EE0D2FE70C2341E" xlink:to="lab_us-gaap_IncreaseDecreaseInDeposits_643272CC0646A00F3EE0D2FE70C2341E" xlink:type="arc"/>
<link:label id="lab_us-gaap_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet_58632781F7A3B34BC0FDD2FE70C2C6CC_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet_58632781F7A3B34BC0FDD2FE70C2C6CC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in federal funds purchased and securities sold under repurchase agreements </link:label>
<link:label id="lab_us-gaap_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet_58632781F7A3B34BC0FDD2FE70C2C6CC_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet_58632781F7A3B34BC0FDD2FE70C2C6CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Federal Funds Purchased and Securities Sold under Agreements to Repurchase, Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet" xlink:label="loc_us-gaap_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet_58632781F7A3B34BC0FDD2FE70C2C6CC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet_58632781F7A3B34BC0FDD2FE70C2C6CC" xlink:to="lab_us-gaap_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet_58632781F7A3B34BC0FDD2FE70C2C6CC" xlink:type="arc"/>
<link:label id="lab_us-gaap_IncreaseDecreaseInPayablesToBrokerDealers_D39447F8FEB7D81680EDD2FE70C2C61C_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInPayablesToBrokerDealers_D39447F8FEB7D81680EDD2FE70C2C61C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in payables to customers and broker-dealers </link:label>
<link:label id="lab_us-gaap_IncreaseDecreaseInPayablesToBrokerDealers_D39447F8FEB7D81680EDD2FE70C2C61C_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInPayablesToBrokerDealers_D39447F8FEB7D81680EDD2FE70C2C61C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Payables to Broker-Dealers and Clearing Organizations </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInPayablesToBrokerDealers" xlink:label="loc_us-gaap_IncreaseDecreaseInPayablesToBrokerDealers_D39447F8FEB7D81680EDD2FE70C2C61C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInPayablesToBrokerDealers_D39447F8FEB7D81680EDD2FE70C2C61C" xlink:to="lab_us-gaap_IncreaseDecreaseInPayablesToBrokerDealers_D39447F8FEB7D81680EDD2FE70C2C61C" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromRepaymentsOfOtherDebt_A4A30CB53617A39BDF05D2FE70C60E7C_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromRepaymentsOfOtherDebt_A4A30CB53617A39BDF05D2FE70C60E7C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in other borrowed funds </link:label>
<link:label id="lab_us-gaap_ProceedsFromRepaymentsOfOtherDebt_A4A30CB53617A39BDF05D2FE70C60E7C_label_en-US" xlink:label="lab_us-gaap_ProceedsFromRepaymentsOfOtherDebt_A4A30CB53617A39BDF05D2FE70C60E7C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from (Repayments of) Other Debt </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromRepaymentsOfOtherDebt" xlink:label="loc_us-gaap_ProceedsFromRepaymentsOfOtherDebt_A4A30CB53617A39BDF05D2FE70C60E7C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromRepaymentsOfOtherDebt_A4A30CB53617A39BDF05D2FE70C60E7C" xlink:to="lab_us-gaap_ProceedsFromRepaymentsOfOtherDebt_A4A30CB53617A39BDF05D2FE70C60E7C" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromRepaymentsOfCommercialPaper_D3604A314148ADA22917D2FE70C6790B_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromRepaymentsOfCommercialPaper_D3604A314148ADA22917D2FE70C6790B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in commercial paper </link:label>
<link:label id="lab_us-gaap_ProceedsFromRepaymentsOfCommercialPaper_D3604A314148ADA22917D2FE70C6790B_label_en-US" xlink:label="lab_us-gaap_ProceedsFromRepaymentsOfCommercialPaper_D3604A314148ADA22917D2FE70C6790B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from (Repayments of) Commercial Paper </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromRepaymentsOfCommercialPaper" xlink:label="loc_us-gaap_ProceedsFromRepaymentsOfCommercialPaper_D3604A314148ADA22917D2FE70C6790B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromRepaymentsOfCommercialPaper_D3604A314148ADA22917D2FE70C6790B" xlink:to="lab_us-gaap_ProceedsFromRepaymentsOfCommercialPaper_D3604A314148ADA22917D2FE70C6790B" xlink:type="arc"/>
<link:label id="lab_us-gaap_RepaymentsOfLongTermDebt_57904A9F20E55213B5A7D2FE70C66F0C_negatedLabel_en-US" xlink:label="lab_us-gaap_RepaymentsOfLongTermDebt_57904A9F20E55213B5A7D2FE70C66F0C" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Repayments of long-term debt </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="loc_us-gaap_RepaymentsOfLongTermDebt_57904A9F20E55213B5A7D2FE70C66F0C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RepaymentsOfLongTermDebt_57904A9F20E55213B5A7D2FE70C66F0C" xlink:to="lab_us-gaap_RepaymentsOfLongTermDebt_57904A9F20E55213B5A7D2FE70C66F0C" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromStockOptionsExercised_D1464D950574886D76DDD2FE70C626C0_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromStockOptionsExercised_D1464D950574886D76DDD2FE70C626C0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds from the exercise of stock options </link:label>
<link:label id="lab_us-gaap_ProceedsFromStockOptionsExercised_D1464D950574886D76DDD2FE70C626C0_label_en-US" xlink:label="lab_us-gaap_ProceedsFromStockOptionsExercised_D1464D950574886D76DDD2FE70C626C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Stock Options Exercised </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromStockOptionsExercised" xlink:label="loc_us-gaap_ProceedsFromStockOptionsExercised_D1464D950574886D76DDD2FE70C626C0" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_63EE42DE99A950342C4ED2FE70C6C05A_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_63EE42DE99A950342C4ED2FE70C6C05A" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Treasury stock acquired </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_63EE42DE99A950342C4ED2FE70C6C05A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_63EE42DE99A950342C4ED2FE70C6C05A" xlink:to="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_63EE42DE99A950342C4ED2FE70C6C05A" xlink:type="arc"/>
<link:label id="lab_us-gaap_PaymentsOfDividendsCommonStock_AB0315F5D3ED0E70EF73D2FE70C64F27_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfDividendsCommonStock_AB0315F5D3ED0E70EF73D2FE70C64F27" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Common cash dividends paid </link:label>
<link:label id="lab_us-gaap_PaymentsOfDividendsCommonStock_AB0315F5D3ED0E70EF73D2FE70C64F27_label_en-US" xlink:label="lab_us-gaap_PaymentsOfDividendsCommonStock_AB0315F5D3ED0E70EF73D2FE70C64F27" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments of Ordinary Dividends, Common Stock </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsOfDividendsCommonStock" xlink:label="loc_us-gaap_PaymentsOfDividendsCommonStock_AB0315F5D3ED0E70EF73D2FE70C64F27" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock_D0E6AC794F39A4BDE416D2FE70C6DFF8_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock_D0E6AC794F39A4BDE416D2FE70C6DFF8" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Preferred cash dividends paid </link:label>
<link:label id="lab_us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock_D0E6AC794F39A4BDE416D2FE70C6DFF8_label_en-US" xlink:label="lab_us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock_D0E6AC794F39A4BDE416D2FE70C6DFF8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments of Ordinary Dividends, Preferred Stock and Preference Stock </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock" xlink:label="loc_us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock_D0E6AC794F39A4BDE416D2FE70C6DFF8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock_D0E6AC794F39A4BDE416D2FE70C6DFF8" xlink:to="lab_us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock_D0E6AC794F39A4BDE416D2FE70C6DFF8" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_D6938DD41BACEBD41B69D2FE70C6CC13_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_D6938DD41BACEBD41B69D2FE70C6CC13" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other, net </link:label>
<link:label id="lab_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_D6938DD41BACEBD41B69D2FE70C6CC13_label_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_D6938DD41BACEBD41B69D2FE70C6CC13" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from (Payments for) Other Financing Activities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromPaymentsForOtherFinancingActivities" xlink:label="loc_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_D6938DD41BACEBD41B69D2FE70C6CC13" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_D6938DD41BACEBD41B69D2FE70C6CC13" xlink:to="lab_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_D6938DD41BACEBD41B69D2FE70C6CC13" xlink:type="arc"/>
<link:label id="lab_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_A6B386D8E7417693D32ED2FE70C66E5C_terseLabel_en-US" xlink:label="lab_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_A6B386D8E7417693D32ED2FE70C66E5C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Effect of exchange rate changes on cash </link:label>
<link:label id="lab_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_A6B386D8E7417693D32ED2FE70C66E5C_label_en-US" xlink:label="lab_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_A6B386D8E7417693D32ED2FE70C66E5C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Effect of Exchange Rate on Cash and Cash Equivalents </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents" xlink:label="loc_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_A6B386D8E7417693D32ED2FE70C66E5C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_A6B386D8E7417693D32ED2FE70C66E5C" xlink:to="lab_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_A6B386D8E7417693D32ED2FE70C66E5C" xlink:type="arc"/>
<link:label id="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseAbstract_78BADE38A771D67878C7D2FE70C60EE7_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseAbstract_78BADE38A771D67878C7D2FE70C60EE7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in cash and due from banks </link:label>
<link:label id="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseAbstract_78BADE38A771D67878C7D2FE70C60EE7_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseAbstract_78BADE38A771D67878C7D2FE70C60EE7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash and Cash Equivalents, Period Increase (Decrease) [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseAbstract" xlink:label="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseAbstract_78BADE38A771D67878C7D2FE70C60EE7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseAbstract_78BADE38A771D67878C7D2FE70C60EE7" xlink:to="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseAbstract_78BADE38A771D67878C7D2FE70C60EE7" xlink:type="arc"/>
<link:label id="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_7A22C0DFBD25A2810260D2FE70C6FFFD_totalLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_7A22C0DFBD25A2810260D2FE70C6FFFD" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Change in cash and due from banks </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_7A22C0DFBD25A2810260D2FE70C6FFFD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_7A22C0DFBD25A2810260D2FE70C6FFFD" xlink:to="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_7A22C0DFBD25A2810260D2FE70C6FFFD" xlink:type="arc"/>
<link:label id="lab_us-gaap_SupplementalCashFlowInformationAbstract_837A1C7506C6DD8A5883D2FE70C6128E_terseLabel_en-US" xlink:label="lab_us-gaap_SupplementalCashFlowInformationAbstract_837A1C7506C6DD8A5883D2FE70C6128E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Supplemental disclosures </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SupplementalCashFlowInformationAbstract" xlink:label="loc_us-gaap_SupplementalCashFlowInformationAbstract_837A1C7506C6DD8A5883D2FE70C6128E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SupplementalCashFlowInformationAbstract_837A1C7506C6DD8A5883D2FE70C6128E" xlink:to="lab_us-gaap_SupplementalCashFlowInformationAbstract_837A1C7506C6DD8A5883D2FE70C6128E" xlink:type="arc"/>
<link:label id="lab_us-gaap_ConcentrationRiskTable_0E34B6ADDE236904594FCA05B74EA023_terseLabel_en-US" xlink:label="lab_us-gaap_ConcentrationRiskTable_0E34B6ADDE236904594FCA05B74EA023" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Concentration Risk [Table] </link:label>
<link:label id="lab_us-gaap_ConcentrationRiskTable_0E34B6ADDE236904594FCA05B74EA023_label_en-US" xlink:label="lab_us-gaap_ConcentrationRiskTable_0E34B6ADDE236904594FCA05B74EA023" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Concentration Risk [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConcentrationRiskTable" xlink:label="loc_us-gaap_ConcentrationRiskTable_0E34B6ADDE236904594FCA05B74EA023" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConcentrationRiskTable_0E34B6ADDE236904594FCA05B74EA023" xlink:to="lab_us-gaap_ConcentrationRiskTable_0E34B6ADDE236904594FCA05B74EA023" xlink:type="arc"/>
<link:label id="lab_bk_InvestmentGradeMember_211BB23312276860154CCA05B74EE104_terseLabel_en-US" xlink:label="lab_bk_InvestmentGradeMember_211BB23312276860154CCA05B74EE104" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investment grade </link:label>
<link:label id="lab_bk_InvestmentGradeMember_211BB23312276860154CCA05B74EE104_label_en-US" xlink:label="lab_bk_InvestmentGradeMember_211BB23312276860154CCA05B74EE104" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investment Grade [Member] </link:label>
<link:label id="lab_bk_InvestmentGradeMember_211BB23312276860154CCA05B74EE104_documentation_en-US" xlink:label="lab_bk_InvestmentGradeMember_211BB23312276860154CCA05B74EE104" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Investment grade [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_InvestmentGradeMember" xlink:label="loc_bk_InvestmentGradeMember_211BB23312276860154CCA05B74EE104" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_InvestmentGradeMember_211BB23312276860154CCA05B74EE104" xlink:to="lab_bk_InvestmentGradeMember_211BB23312276860154CCA05B74EE104" xlink:type="arc"/>
<link:label id="lab_bk_NoninvestmentGradeMember_C1F9548A0795FEBC3E5CCA05B74E546E_terseLabel_en-US" xlink:label="lab_bk_NoninvestmentGradeMember_C1F9548A0795FEBC3E5CCA05B74E546E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Non-investment grade </link:label>
<link:label id="lab_bk_NoninvestmentGradeMember_C1F9548A0795FEBC3E5CCA05B74E546E_label_en-US" xlink:label="lab_bk_NoninvestmentGradeMember_C1F9548A0795FEBC3E5CCA05B74E546E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noninvestment Grade [Member] </link:label>
<link:label id="lab_bk_NoninvestmentGradeMember_C1F9548A0795FEBC3E5CCA05B74E546E_documentation_en-US" xlink:label="lab_bk_NoninvestmentGradeMember_C1F9548A0795FEBC3E5CCA05B74E546E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Noninvestment grade [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_NoninvestmentGradeMember" xlink:label="loc_bk_NoninvestmentGradeMember_C1F9548A0795FEBC3E5CCA05B74E546E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_NoninvestmentGradeMember_C1F9548A0795FEBC3E5CCA05B74E546E" xlink:to="lab_bk_NoninvestmentGradeMember_C1F9548A0795FEBC3E5CCA05B74E546E" xlink:type="arc"/>
<link:label id="lab_us-gaap_ConcentrationRiskLineItems_B5B50AF0B9EC2C53117BCA05B74EEDAC_terseLabel_en-US" xlink:label="lab_us-gaap_ConcentrationRiskLineItems_B5B50AF0B9EC2C53117BCA05B74EEDAC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Concentration Risk [Line Items] </link:label>
<link:label id="lab_us-gaap_ConcentrationRiskLineItems_B5B50AF0B9EC2C53117BCA05B74EEDAC_label_en-US" xlink:label="lab_us-gaap_ConcentrationRiskLineItems_B5B50AF0B9EC2C53117BCA05B74EEDAC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Concentration Risk [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConcentrationRiskLineItems" xlink:label="loc_us-gaap_ConcentrationRiskLineItems_B5B50AF0B9EC2C53117BCA05B74EEDAC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConcentrationRiskLineItems_B5B50AF0B9EC2C53117BCA05B74EEDAC" xlink:to="lab_us-gaap_ConcentrationRiskLineItems_B5B50AF0B9EC2C53117BCA05B74EEDAC" xlink:type="arc"/>
<link:label id="lab_bk_LettersOfCreditPercentageByInvestmentGrade_0B31B471D9387105859DCA05B74EC0E9_terseLabel_en-US" xlink:label="lab_bk_LettersOfCreditPercentageByInvestmentGrade_0B31B471D9387105859DCA05B74EC0E9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Standby letters of credit by investment grade </link:label>
<link:label id="lab_bk_LettersOfCreditPercentageByInvestmentGrade_0B31B471D9387105859DCA05B74EC0E9_label_en-US" xlink:label="lab_bk_LettersOfCreditPercentageByInvestmentGrade_0B31B471D9387105859DCA05B74EC0E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Letters Of Credit, Percentage By Investment Grade </link:label>
<link:label id="lab_bk_LettersOfCreditPercentageByInvestmentGrade_0B31B471D9387105859DCA05B74EC0E9_documentation_en-US" xlink:label="lab_bk_LettersOfCreditPercentageByInvestmentGrade_0B31B471D9387105859DCA05B74EC0E9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Letters Of Credit, Percentage By Investment Grade </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_LettersOfCreditPercentageByInvestmentGrade" xlink:label="loc_bk_LettersOfCreditPercentageByInvestmentGrade_0B31B471D9387105859DCA05B74EC0E9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_LettersOfCreditPercentageByInvestmentGrade_0B31B471D9387105859DCA05B74EC0E9" xlink:to="lab_bk_LettersOfCreditPercentageByInvestmentGrade_0B31B471D9387105859DCA05B74EC0E9" xlink:type="arc"/>
<link:label id="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_4A94AB9A4785E47C1CD0CA34DACF1FB4_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_4A94AB9A4785E47C1CD0CA34DACF1FB4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Diluted (shares) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_4A94AB9A4785E47C1CD0CA34DACF1FB4" xlink:type="locator"/>
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<link:label id="lab_bk_InvestmentManagementFundsMember_2D37D0CE3F26FBDF6FE1CA05B75DD0FB_netLabel_en-US" xlink:label="lab_bk_InvestmentManagementFundsMember_2D37D0CE3F26FBDF6FE1CA05B75DD0FB" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US"> Investment Management funds </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_InvestmentManagementFundsMember" xlink:label="loc_bk_InvestmentManagementFundsMember_2D37D0CE3F26FBDF6FE1CA05B75DD0FB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_InvestmentManagementFundsMember_2D37D0CE3F26FBDF6FE1CA05B75DD0FB" xlink:to="lab_bk_InvestmentManagementFundsMember_2D37D0CE3F26FBDF6FE1CA05B75DD0FB" xlink:type="arc"/>
<link:label id="lab_bk_AssetsofConsolidatedInvestmentManagementFundsAbstract_46481953F294F8DF8100CA05B75D4175_terseLabel_en-US" xlink:label="lab_bk_AssetsofConsolidatedInvestmentManagementFundsAbstract_46481953F294F8DF8100CA05B75D4175" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Assets of consolidated investment management funds: </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_AssetsofConsolidatedInvestmentManagementFundsAbstract" xlink:label="loc_bk_AssetsofConsolidatedInvestmentManagementFundsAbstract_46481953F294F8DF8100CA05B75D4175" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AssetsofConsolidatedInvestmentManagementFundsAbstract_46481953F294F8DF8100CA05B75D4175" xlink:to="lab_bk_AssetsofConsolidatedInvestmentManagementFundsAbstract_46481953F294F8DF8100CA05B75D4175" xlink:type="arc"/>
<link:label id="lab_bk_LiabilitiesofConsolidatedInvestmentManagementFundsAbstract_DE109FF12E606710856CCA05B75E701E_terseLabel_en-US" xlink:label="lab_bk_LiabilitiesofConsolidatedInvestmentManagementFundsAbstract_DE109FF12E606710856CCA05B75E701E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Liabilities of consolidated investment management funds: </link:label>
<link:label id="lab_bk_LiabilitiesofConsolidatedInvestmentManagementFundsAbstract_DE109FF12E606710856CCA05B75E701E_label_en-US" xlink:label="lab_bk_LiabilitiesofConsolidatedInvestmentManagementFundsAbstract_DE109FF12E606710856CCA05B75E701E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Liabilities of Consolidated Investment Management Funds [Abstract] </link:label>
<link:label id="lab_bk_LiabilitiesofConsolidatedInvestmentManagementFundsAbstract_DE109FF12E606710856CCA05B75E701E_documentation_en-US" xlink:label="lab_bk_LiabilitiesofConsolidatedInvestmentManagementFundsAbstract_DE109FF12E606710856CCA05B75E701E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Liabilities of Consolidated Investment Management Funds [Abstract] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_LiabilitiesofConsolidatedInvestmentManagementFundsAbstract" xlink:label="loc_bk_LiabilitiesofConsolidatedInvestmentManagementFundsAbstract_DE109FF12E606710856CCA05B75E701E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_LiabilitiesofConsolidatedInvestmentManagementFundsAbstract_DE109FF12E606710856CCA05B75E701E" xlink:to="lab_bk_LiabilitiesofConsolidatedInvestmentManagementFundsAbstract_DE109FF12E606710856CCA05B75E701E" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_43CB3B46C0D6917DC122CA05B75E178B_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_43CB3B46C0D6917DC122CA05B75E178B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other liabilities </link:label>
<link:label id="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_43CB3B46C0D6917DC122CA05B75E178B_label_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_43CB3B46C0D6917DC122CA05B75E178B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Liabilities, Fair Value Disclosure </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherLiabilitiesFairValueDisclosure" xlink:label="loc_us-gaap_OtherLiabilitiesFairValueDisclosure_43CB3B46C0D6917DC122CA05B75E178B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherLiabilitiesFairValueDisclosure_43CB3B46C0D6917DC122CA05B75E178B" xlink:to="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_43CB3B46C0D6917DC122CA05B75E178B" xlink:type="arc"/>
<link:label id="lab_bk_CondensedFinancialInformationOfParentCompanyOnlyStatementOfIncomeTableTextBlock_6E19BA695D4648AD19DECA05B8FAAAB8_terseLabel_en-US" xlink:label="lab_bk_CondensedFinancialInformationOfParentCompanyOnlyStatementOfIncomeTableTextBlock_6E19BA695D4648AD19DECA05B8FAAAB8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Condensed Income Statement Parent Corporation </link:label>
<link:label id="lab_bk_CondensedFinancialInformationOfParentCompanyOnlyStatementOfIncomeTableTextBlock_6E19BA695D4648AD19DECA05B8FAAAB8_label_en-US" xlink:label="lab_bk_CondensedFinancialInformationOfParentCompanyOnlyStatementOfIncomeTableTextBlock_6E19BA695D4648AD19DECA05B8FAAAB8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Condensed Financial Information Of Parent Company Only Statement Of Income [Table Text Block] </link:label>
<link:label id="lab_bk_CondensedFinancialInformationOfParentCompanyOnlyStatementOfIncomeTableTextBlock_6E19BA695D4648AD19DECA05B8FAAAB8_documentation_en-US" xlink:label="lab_bk_CondensedFinancialInformationOfParentCompanyOnlyStatementOfIncomeTableTextBlock_6E19BA695D4648AD19DECA05B8FAAAB8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Condensed Financial Information of Parent Company Only, Statement of Income </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_CondensedFinancialInformationOfParentCompanyOnlyStatementOfIncomeTableTextBlock" xlink:label="loc_bk_CondensedFinancialInformationOfParentCompanyOnlyStatementOfIncomeTableTextBlock_6E19BA695D4648AD19DECA05B8FAAAB8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_CondensedFinancialInformationOfParentCompanyOnlyStatementOfIncomeTableTextBlock_6E19BA695D4648AD19DECA05B8FAAAB8" xlink:to="lab_bk_CondensedFinancialInformationOfParentCompanyOnlyStatementOfIncomeTableTextBlock_6E19BA695D4648AD19DECA05B8FAAAB8" xlink:type="arc"/>
<link:label id="lab_bk_CondensedFinancialInformationOfParentCompanyOnlyStatementsOfFinancialConditionTableTextBlock_8D06361E30F434DAA2C2CA05B8FB7B7D_terseLabel_en-US" xlink:label="lab_bk_CondensedFinancialInformationOfParentCompanyOnlyStatementsOfFinancialConditionTableTextBlock_8D06361E30F434DAA2C2CA05B8FB7B7D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Condensed Balance Sheet Parent Corporation </link:label>
<link:label id="lab_bk_CondensedFinancialInformationOfParentCompanyOnlyStatementsOfFinancialConditionTableTextBlock_8D06361E30F434DAA2C2CA05B8FB7B7D_label_en-US" xlink:label="lab_bk_CondensedFinancialInformationOfParentCompanyOnlyStatementsOfFinancialConditionTableTextBlock_8D06361E30F434DAA2C2CA05B8FB7B7D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Condensed Financial Information Of Parent Company Only Statements Of Financial Condition [Table Text Block] </link:label>
<link:label id="lab_bk_CondensedFinancialInformationOfParentCompanyOnlyStatementsOfFinancialConditionTableTextBlock_8D06361E30F434DAA2C2CA05B8FB7B7D_documentation_en-US" xlink:label="lab_bk_CondensedFinancialInformationOfParentCompanyOnlyStatementsOfFinancialConditionTableTextBlock_8D06361E30F434DAA2C2CA05B8FB7B7D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Condensed Financial Information of Parent Company Only, Statements of Financial Condition </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_CondensedFinancialInformationOfParentCompanyOnlyStatementsOfFinancialConditionTableTextBlock" xlink:label="loc_bk_CondensedFinancialInformationOfParentCompanyOnlyStatementsOfFinancialConditionTableTextBlock_8D06361E30F434DAA2C2CA05B8FB7B7D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_CondensedFinancialInformationOfParentCompanyOnlyStatementsOfFinancialConditionTableTextBlock_8D06361E30F434DAA2C2CA05B8FB7B7D" xlink:to="lab_bk_CondensedFinancialInformationOfParentCompanyOnlyStatementsOfFinancialConditionTableTextBlock_8D06361E30F434DAA2C2CA05B8FB7B7D" xlink:type="arc"/>
<link:label id="lab_bk_CondensedFinancialInformationOfParentCompanyOnlyStatementsOfCashFlowsTableTextBlock_C2710DD88040B550F8D2CA05B8FB492B_terseLabel_en-US" xlink:label="lab_bk_CondensedFinancialInformationOfParentCompanyOnlyStatementsOfCashFlowsTableTextBlock_C2710DD88040B550F8D2CA05B8FB492B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Condensed Statement of Cash Flows Parent Corporation </link:label>
<link:label id="lab_bk_CondensedFinancialInformationOfParentCompanyOnlyStatementsOfCashFlowsTableTextBlock_C2710DD88040B550F8D2CA05B8FB492B_label_en-US" xlink:label="lab_bk_CondensedFinancialInformationOfParentCompanyOnlyStatementsOfCashFlowsTableTextBlock_C2710DD88040B550F8D2CA05B8FB492B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Condensed Financial Information Of Parent Company Only Statements Of Cash Flows [Table Text Block] </link:label>
<link:label id="lab_bk_CondensedFinancialInformationOfParentCompanyOnlyStatementsOfCashFlowsTableTextBlock_C2710DD88040B550F8D2CA05B8FB492B_documentation_en-US" xlink:label="lab_bk_CondensedFinancialInformationOfParentCompanyOnlyStatementsOfCashFlowsTableTextBlock_C2710DD88040B550F8D2CA05B8FB492B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Condensed Financial Information of Parent Company Only, Statements of Cash Flows </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_CondensedFinancialInformationOfParentCompanyOnlyStatementsOfCashFlowsTableTextBlock" xlink:label="loc_bk_CondensedFinancialInformationOfParentCompanyOnlyStatementsOfCashFlowsTableTextBlock_C2710DD88040B550F8D2CA05B8FB492B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_CondensedFinancialInformationOfParentCompanyOnlyStatementsOfCashFlowsTableTextBlock_C2710DD88040B550F8D2CA05B8FB492B" xlink:to="lab_bk_CondensedFinancialInformationOfParentCompanyOnlyStatementsOfCashFlowsTableTextBlock_C2710DD88040B550F8D2CA05B8FB492B" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable_E7E9656F2EFD03FA13EECA05B733AAD1_terseLabel_en-US" xlink:label="lab_us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable_E7E9656F2EFD03FA13EECA05B733AAD1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table] </link:label>
<link:label id="lab_us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable_E7E9656F2EFD03FA13EECA05B733AAD1_label_en-US" xlink:label="lab_us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable_E7E9656F2EFD03FA13EECA05B733AAD1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable" xlink:label="loc_us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable_E7E9656F2EFD03FA13EECA05B733AAD1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable_E7E9656F2EFD03FA13EECA05B733AAD1" xlink:to="lab_us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable_E7E9656F2EFD03FA13EECA05B733AAD1" xlink:type="arc"/>
<link:label id="lab_us-gaap_EquityContractMember_5E69998CFDC9115F67D0CA05B734DCC1_terseLabel_en-US" xlink:label="lab_us-gaap_EquityContractMember_5E69998CFDC9115F67D0CA05B734DCC1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Equity contracts </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EquityContractMember" xlink:label="loc_us-gaap_EquityContractMember_5E69998CFDC9115F67D0CA05B734DCC1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityContractMember_5E69998CFDC9115F67D0CA05B734DCC1" xlink:to="lab_us-gaap_EquityContractMember_5E69998CFDC9115F67D0CA05B734DCC1" xlink:type="arc"/>
<link:label id="lab_us-gaap_CreditRiskContractMember_A7A15E744757DFDA97B2CA05B734D374_terseLabel_en-US" xlink:label="lab_us-gaap_CreditRiskContractMember_A7A15E744757DFDA97B2CA05B734D374" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Credit contracts </link:label>
<link:label id="lab_us-gaap_CreditRiskContractMember_A7A15E744757DFDA97B2CA05B734D374_label_en-US" xlink:label="lab_us-gaap_CreditRiskContractMember_A7A15E744757DFDA97B2CA05B734D374" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Credit Risk Contract [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CreditRiskContractMember" xlink:label="loc_us-gaap_CreditRiskContractMember_A7A15E744757DFDA97B2CA05B734D374" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CreditRiskContractMember_A7A15E744757DFDA97B2CA05B734D374" xlink:to="lab_us-gaap_CreditRiskContractMember_A7A15E744757DFDA97B2CA05B734D374" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativesFairValueLineItems_61D966C6D87AF01B2580CA05B7343EAB_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativesFairValueLineItems_61D966C6D87AF01B2580CA05B7343EAB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivatives, Fair Value [Line Items] </link:label>
<link:label id="lab_us-gaap_DerivativesFairValueLineItems_61D966C6D87AF01B2580CA05B7343EAB_label_en-US" xlink:label="lab_us-gaap_DerivativesFairValueLineItems_61D966C6D87AF01B2580CA05B7343EAB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivatives, Fair Value [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativesFairValueLineItems" xlink:label="loc_us-gaap_DerivativesFairValueLineItems_61D966C6D87AF01B2580CA05B7343EAB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativesFairValueLineItems_61D966C6D87AF01B2580CA05B7343EAB" xlink:to="lab_us-gaap_DerivativesFairValueLineItems_61D966C6D87AF01B2580CA05B7343EAB" xlink:type="arc"/>
<link:label id="lab_invest_DerivativeNotionalAmount_D408E732E495EE7681EFCA05B7342CB6_positiveLabel_en-US" xlink:label="lab_invest_DerivativeNotionalAmount_D408E732E495EE7681EFCA05B7342CB6" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:type="resource" xml:lang="en-US"> Notional value </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_DerivativeNotionalAmount" xlink:label="loc_invest_DerivativeNotionalAmount_D408E732E495EE7681EFCA05B7342CB6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_invest_DerivativeNotionalAmount_D408E732E495EE7681EFCA05B7342CB6" xlink:to="lab_invest_DerivativeNotionalAmount_D408E732E495EE7681EFCA05B7342CB6" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement_899A4E4392DD92B62775CA05B7344EB1_verboseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement_899A4E4392DD92B62775CA05B7344EB1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Asset derivatives fair value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement" xlink:label="loc_us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement_899A4E4392DD92B62775CA05B7344EB1" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeAssetFairValueGrossLiability_FB8B5F786C0C4D894DB1CA05B73403B6_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetFairValueGrossLiability_FB8B5F786C0C4D894DB1CA05B73403B6" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Asset derivatives fair value, effect of master netting agreements </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeAssetFairValueGrossLiability" xlink:label="loc_us-gaap_DerivativeAssetFairValueGrossLiability_FB8B5F786C0C4D894DB1CA05B73403B6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssetFairValueGrossLiability_FB8B5F786C0C4D894DB1CA05B73403B6" xlink:to="lab_us-gaap_DerivativeAssetFairValueGrossLiability_FB8B5F786C0C4D894DB1CA05B73403B6" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement_AA3841A648BCDF45B027CA05B7340E8D_verboseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement_AA3841A648BCDF45B027CA05B7340E8D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Liability derivatives fair value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement" xlink:label="loc_us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement_AA3841A648BCDF45B027CA05B7340E8D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement_AA3841A648BCDF45B027CA05B7340E8D" xlink:to="lab_us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement_AA3841A648BCDF45B027CA05B7340E8D" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeLiabilityFairValueGrossAsset_876FD6F423D22BCF08B6CA05B734929B_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityFairValueGrossAsset_876FD6F423D22BCF08B6CA05B734929B" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Liability derivatives fair value, effect of master netting agreements </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeLiabilityFairValueGrossAsset" xlink:label="loc_us-gaap_DerivativeLiabilityFairValueGrossAsset_876FD6F423D22BCF08B6CA05B734929B" xlink:type="locator"/>
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<link:label id="lab_bk_CashCollateralReceived_7F1F96DFCE1A4973B6F2CA05B7344891_terseLabel_en-US" xlink:label="lab_bk_CashCollateralReceived_7F1F96DFCE1A4973B6F2CA05B7344891" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Master netting agreements, cash collateral received </link:label>
<link:label id="lab_bk_CashCollateralReceived_7F1F96DFCE1A4973B6F2CA05B7344891_label_en-US" xlink:label="lab_bk_CashCollateralReceived_7F1F96DFCE1A4973B6F2CA05B7344891" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash Collateral Received </link:label>
<link:label id="lab_bk_CashCollateralReceived_7F1F96DFCE1A4973B6F2CA05B7344891_documentation_en-US" xlink:label="lab_bk_CashCollateralReceived_7F1F96DFCE1A4973B6F2CA05B7344891" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Cash collateral received </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_CashCollateralReceived" xlink:label="loc_bk_CashCollateralReceived_7F1F96DFCE1A4973B6F2CA05B7344891" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_CashCollateralReceived_7F1F96DFCE1A4973B6F2CA05B7344891" xlink:to="lab_bk_CashCollateralReceived_7F1F96DFCE1A4973B6F2CA05B7344891" xlink:type="arc"/>
<link:label id="lab_bk_CashCollateralPaid_03E08E375E9C1693F711CA05B7347105_terseLabel_en-US" xlink:label="lab_bk_CashCollateralPaid_03E08E375E9C1693F711CA05B7347105" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Master netting agreements, cash collateral paid </link:label>
<link:label id="lab_bk_CashCollateralPaid_03E08E375E9C1693F711CA05B7347105_label_en-US" xlink:label="lab_bk_CashCollateralPaid_03E08E375E9C1693F711CA05B7347105" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash Collateral Paid </link:label>
<link:label id="lab_bk_CashCollateralPaid_03E08E375E9C1693F711CA05B7347105_documentation_en-US" xlink:label="lab_bk_CashCollateralPaid_03E08E375E9C1693F711CA05B7347105" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Cash collateral paid </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_CashCollateralPaid" xlink:label="loc_bk_CashCollateralPaid_03E08E375E9C1693F711CA05B7347105" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_CashCollateralPaid_03E08E375E9C1693F711CA05B7347105" xlink:to="lab_bk_CashCollateralPaid_03E08E375E9C1693F711CA05B7347105" xlink:type="arc"/>
<link:label id="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_C0CE38A6F01DADBF7496D2FE6FE6D9B5_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_C0CE38A6F01DADBF7496D2FE6FE6D9B5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity, Primary Beneficiary </link:label>
<link:label id="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_C0CE38A6F01DADBF7496D2FE6FE6D9B5_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_C0CE38A6F01DADBF7496D2FE6FE6D9B5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Variable Interest Entity, Primary Beneficiary [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="loc_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_C0CE38A6F01DADBF7496D2FE6FE6D9B5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_C0CE38A6F01DADBF7496D2FE6FE6D9B5" xlink:to="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_C0CE38A6F01DADBF7496D2FE6FE6D9B5" xlink:type="arc"/>
<link:label id="lab_bk_SecuritizationsMember_036EC63E8859E7BE88B5D2FE6FE6DEB8_terseLabel_en-US" xlink:label="lab_bk_SecuritizationsMember_036EC63E8859E7BE88B5D2FE6FE6DEB8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securitization </link:label>
<link:label id="lab_bk_SecuritizationsMember_036EC63E8859E7BE88B5D2FE6FE6DEB8_label_en-US" xlink:label="lab_bk_SecuritizationsMember_036EC63E8859E7BE88B5D2FE6FE6DEB8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securitizations [Member] </link:label>
<link:label id="lab_bk_SecuritizationsMember_036EC63E8859E7BE88B5D2FE6FE6DEB8_documentation_en-US" xlink:label="lab_bk_SecuritizationsMember_036EC63E8859E7BE88B5D2FE6FE6DEB8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securitizations </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_SecuritizationsMember" xlink:label="loc_bk_SecuritizationsMember_036EC63E8859E7BE88B5D2FE6FE6DEB8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SecuritizationsMember_036EC63E8859E7BE88B5D2FE6FE6DEB8" xlink:to="lab_bk_SecuritizationsMember_036EC63E8859E7BE88B5D2FE6FE6DEB8" xlink:type="arc"/>
<link:label id="lab_bk_VotingModelEntityClassificationofCarryingAmountAssets_CFAD590362C3747DECC4D2FE6FEA4A3A_terseLabel_en-US" xlink:label="lab_bk_VotingModelEntityClassificationofCarryingAmountAssets_CFAD590362C3747DECC4D2FE6FEA4A3A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> VME classification of carrying amount, assets </link:label>
<link:label id="lab_bk_VotingModelEntityClassificationofCarryingAmountAssets_CFAD590362C3747DECC4D2FE6FEA4A3A_label_en-US" xlink:label="lab_bk_VotingModelEntityClassificationofCarryingAmountAssets_CFAD590362C3747DECC4D2FE6FEA4A3A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Voting Model Entity, Classification of Carrying Amount, Assets </link:label>
<link:label id="lab_bk_VotingModelEntityClassificationofCarryingAmountAssets_CFAD590362C3747DECC4D2FE6FEA4A3A_documentation_en-US" xlink:label="lab_bk_VotingModelEntityClassificationofCarryingAmountAssets_CFAD590362C3747DECC4D2FE6FEA4A3A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Balance sheet classification of the voting model entity's assets included in the statement of financial position of the reporting entity. This element is applicable for voting interests whether the reporting entity has a controlling financial interest (primary beneficiary) or not. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_VotingModelEntityClassificationofCarryingAmountAssets" xlink:label="loc_bk_VotingModelEntityClassificationofCarryingAmountAssets_CFAD590362C3747DECC4D2FE6FEA4A3A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_VotingModelEntityClassificationofCarryingAmountAssets_CFAD590362C3747DECC4D2FE6FEA4A3A" xlink:to="lab_bk_VotingModelEntityClassificationofCarryingAmountAssets_CFAD590362C3747DECC4D2FE6FEA4A3A" xlink:type="arc"/>
<link:label id="lab_bk_VotingModelEntityClassificationofCarryingAmountLiabilities_819D7937C14F1C3622C0D2FE6FEA630A_terseLabel_en-US" xlink:label="lab_bk_VotingModelEntityClassificationofCarryingAmountLiabilities_819D7937C14F1C3622C0D2FE6FEA630A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> VME classification of carrying amount, liabilities </link:label>
<link:label id="lab_bk_VotingModelEntityClassificationofCarryingAmountLiabilities_819D7937C14F1C3622C0D2FE6FEA630A_label_en-US" xlink:label="lab_bk_VotingModelEntityClassificationofCarryingAmountLiabilities_819D7937C14F1C3622C0D2FE6FEA630A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Voting Model Entity, Classification of Carrying Amount, Liabilities </link:label>
<link:label id="lab_bk_VotingModelEntityClassificationofCarryingAmountLiabilities_819D7937C14F1C3622C0D2FE6FEA630A_documentation_en-US" xlink:label="lab_bk_VotingModelEntityClassificationofCarryingAmountLiabilities_819D7937C14F1C3622C0D2FE6FEA630A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Balance sheet classification of the voting model entity's liabilities included in the statement of financial position of the reporting entity. This element is applicable for voting interest interests whether the reporting entity has a controlling financial interest (primary beneficiary) or not. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_VotingModelEntityClassificationofCarryingAmountLiabilities" xlink:label="loc_bk_VotingModelEntityClassificationofCarryingAmountLiabilities_819D7937C14F1C3622C0D2FE6FEA630A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_VotingModelEntityClassificationofCarryingAmountLiabilities_819D7937C14F1C3622C0D2FE6FEA630A" xlink:to="lab_bk_VotingModelEntityClassificationofCarryingAmountLiabilities_819D7937C14F1C3622C0D2FE6FEA630A" xlink:type="arc"/>
<link:label id="lab_bk_NoncontrollingInterestinVotingModelEntity_BCD8495E2973111DBA8AD2FE6FEA1F82_terseLabel_en-US" xlink:label="lab_bk_NoncontrollingInterestinVotingModelEntity_BCD8495E2973111DBA8AD2FE6FEA1F82" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Noncontrolling interest in VME </link:label>
<link:label id="lab_bk_NoncontrollingInterestinVotingModelEntity_BCD8495E2973111DBA8AD2FE6FEA1F82_label_en-US" xlink:label="lab_bk_NoncontrollingInterestinVotingModelEntity_BCD8495E2973111DBA8AD2FE6FEA1F82" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noncontrolling Interest in Voting Model Entity </link:label>
<link:label id="lab_bk_NoncontrollingInterestinVotingModelEntity_BCD8495E2973111DBA8AD2FE6FEA1F82_documentation_en-US" xlink:label="lab_bk_NoncontrollingInterestinVotingModelEntity_BCD8495E2973111DBA8AD2FE6FEA1F82" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Portion of equity (net assets) in a voting model entity not attributable, directly or indirectly, to the parent entity. That is, this is the portion of equity in a voting interest entity that is attributable to the noncontrolling interest (previously referred to as minority interest). </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_NoncontrollingInterestinVotingModelEntity" xlink:label="loc_bk_NoncontrollingInterestinVotingModelEntity_BCD8495E2973111DBA8AD2FE6FEA1F82" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_NoncontrollingInterestinVotingModelEntity_BCD8495E2973111DBA8AD2FE6FEA1F82" xlink:to="lab_bk_NoncontrollingInterestinVotingModelEntity_BCD8495E2973111DBA8AD2FE6FEA1F82" xlink:type="arc"/>
<link:label id="lab_us-gaap_FixedIncomeSecuritiesMember_2460EA55FADA9272001FCA05B954CEC9_terseLabel_en-US" xlink:label="lab_us-gaap_FixedIncomeSecuritiesMember_2460EA55FADA9272001FCA05B954CEC9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fixed income </link:label>
<link:label id="lab_us-gaap_FixedIncomeSecuritiesMember_2460EA55FADA9272001FCA05B954CEC9_label_en-US" xlink:label="lab_us-gaap_FixedIncomeSecuritiesMember_2460EA55FADA9272001FCA05B954CEC9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fixed Income Securities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FixedIncomeSecuritiesMember" xlink:label="loc_us-gaap_FixedIncomeSecuritiesMember_2460EA55FADA9272001FCA05B954CEC9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FixedIncomeSecuritiesMember_2460EA55FADA9272001FCA05B954CEC9" xlink:to="lab_us-gaap_FixedIncomeSecuritiesMember_2460EA55FADA9272001FCA05B954CEC9" xlink:type="arc"/>
<link:label id="lab_bk_PrivateEquitiesMember_B3FF711416674916417DCA05B95422FA_terseLabel_en-US" xlink:label="lab_bk_PrivateEquitiesMember_B3FF711416674916417DCA05B95422FA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Private equities </link:label>
<link:label id="lab_bk_PrivateEquitiesMember_B3FF711416674916417DCA05B95422FA_label_en-US" xlink:label="lab_bk_PrivateEquitiesMember_B3FF711416674916417DCA05B95422FA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Private Equities [Member] </link:label>
<link:label id="lab_bk_PrivateEquitiesMember_B3FF711416674916417DCA05B95422FA_documentation_en-US" xlink:label="lab_bk_PrivateEquitiesMember_B3FF711416674916417DCA05B95422FA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Private Equities [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_PrivateEquitiesMember" xlink:label="loc_bk_PrivateEquitiesMember_B3FF711416674916417DCA05B95422FA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_PrivateEquitiesMember_B3FF711416674916417DCA05B95422FA" xlink:to="lab_bk_PrivateEquitiesMember_B3FF711416674916417DCA05B95422FA" xlink:type="arc"/>
<link:label id="lab_bk_AlternativeInvestmentsMember_3BE49DCFD49044816FBBCA05B9545D7D_terseLabel_en-US" xlink:label="lab_bk_AlternativeInvestmentsMember_3BE49DCFD49044816FBBCA05B9545D7D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Alternative investment </link:label>
<link:label id="lab_bk_AlternativeInvestmentsMember_3BE49DCFD49044816FBBCA05B9545D7D_label_en-US" xlink:label="lab_bk_AlternativeInvestmentsMember_3BE49DCFD49044816FBBCA05B9545D7D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Alternative Investments [Member] </link:label>
<link:label id="lab_bk_AlternativeInvestmentsMember_3BE49DCFD49044816FBBCA05B9545D7D_documentation_en-US" xlink:label="lab_bk_AlternativeInvestmentsMember_3BE49DCFD49044816FBBCA05B9545D7D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Alternative Investments [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_AlternativeInvestmentsMember" xlink:label="loc_bk_AlternativeInvestmentsMember_3BE49DCFD49044816FBBCA05B9545D7D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AlternativeInvestmentsMember_3BE49DCFD49044816FBBCA05B9545D7D" xlink:to="lab_bk_AlternativeInvestmentsMember_3BE49DCFD49044816FBBCA05B9545D7D" xlink:type="arc"/>
<link:label id="lab_us-gaap_RealEstateFundsMember_4969D092659AFCCADE32CA05B954E750_verboseLabel_en-US" xlink:label="lab_us-gaap_RealEstateFundsMember_4969D092659AFCCADE32CA05B954E750" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Real Estate </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RealEstateFundsMember" xlink:label="loc_us-gaap_RealEstateFundsMember_4969D092659AFCCADE32CA05B954E750" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RealEstateFundsMember_4969D092659AFCCADE32CA05B954E750" xlink:to="lab_us-gaap_RealEstateFundsMember_4969D092659AFCCADE32CA05B954E750" xlink:type="arc"/>
<link:label id="lab_us-gaap_CashMember_328324FF002B3B9CD8CCCA05B9541417_terseLabel_en-US" xlink:label="lab_us-gaap_CashMember_328324FF002B3B9CD8CCCA05B9541417" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash </link:label>
<link:label id="lab_us-gaap_CashMember_328324FF002B3B9CD8CCCA05B9541417_label_en-US" xlink:label="lab_us-gaap_CashMember_328324FF002B3B9CD8CCCA05B9541417" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashMember" xlink:label="loc_us-gaap_CashMember_328324FF002B3B9CD8CCCA05B9541417" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashMember_328324FF002B3B9CD8CCCA05B9541417" xlink:to="lab_us-gaap_CashMember_328324FF002B3B9CD8CCCA05B9541417" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanWeightedAverageAssetAllocations_FAF190CEFCFBCD30340BCA05B954ECE5_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanWeightedAverageAssetAllocations_FAF190CEFCFBCD30340BCA05B954ECE5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pension benefits, asset allocations (percent) </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanWeightedAverageAssetAllocations_FAF190CEFCFBCD30340BCA05B954ECE5_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanWeightedAverageAssetAllocations_FAF190CEFCFBCD30340BCA05B954ECE5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Actual Plan Asset Allocations </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanWeightedAverageAssetAllocations" xlink:label="loc_us-gaap_DefinedBenefitPlanWeightedAverageAssetAllocations_FAF190CEFCFBCD30340BCA05B954ECE5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanWeightedAverageAssetAllocations_FAF190CEFCFBCD30340BCA05B954ECE5" xlink:to="lab_us-gaap_DefinedBenefitPlanWeightedAverageAssetAllocations_FAF190CEFCFBCD30340BCA05B954ECE5" xlink:type="arc"/>
<link:label id="lab_bk_LoansIndividuallyLessThanOneMillionMember_356FAE92403C8619267DCA05BAA13706_terseLabel_en-US" xlink:label="lab_bk_LoansIndividuallyLessThanOneMillionMember_356FAE92403C8619267DCA05BAA13706" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans Individually Less Than 1 Million </link:label>
<link:label id="lab_bk_LoansIndividuallyLessThanOneMillionMember_356FAE92403C8619267DCA05BAA13706_label_en-US" xlink:label="lab_bk_LoansIndividuallyLessThanOneMillionMember_356FAE92403C8619267DCA05BAA13706" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans Individually Less Than One Million [Member] </link:label>
<link:label id="lab_bk_LoansIndividuallyLessThanOneMillionMember_356FAE92403C8619267DCA05BAA13706_documentation_en-US" xlink:label="lab_bk_LoansIndividuallyLessThanOneMillionMember_356FAE92403C8619267DCA05BAA13706" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Loans Individually Less than 1 Million [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_LoansIndividuallyLessThanOneMillionMember" xlink:label="loc_bk_LoansIndividuallyLessThanOneMillionMember_356FAE92403C8619267DCA05BAA13706" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_LoansIndividuallyLessThanOneMillionMember_356FAE92403C8619267DCA05BAA13706" xlink:to="lab_bk_LoansIndividuallyLessThanOneMillionMember_356FAE92403C8619267DCA05BAA13706" xlink:type="arc"/>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_C1884A6FD6CF70194DA1CA05BAA1678B_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_C1884A6FD6CF70194DA1CA05BAA1678B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Impaired loans with an allowance, average recorded investment </link:label>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_C1884A6FD6CF70194DA1CA05BAA1678B_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_C1884A6FD6CF70194DA1CA05BAA1678B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable, with Related Allowance, Average Recorded Investment </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment" xlink:label="loc_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_C1884A6FD6CF70194DA1CA05BAA1678B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment_CC2AD9AFDC48A5CADDA8CA05BAA1800D_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment_CC2AD9AFDC48A5CADDA8CA05BAA1800D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Impaired loans without an allowance, average recorded investment </link:label>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment_CC2AD9AFDC48A5CADDA8CA05BAA1800D_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment_CC2AD9AFDC48A5CADDA8CA05BAA1800D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment" xlink:label="loc_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment_CC2AD9AFDC48A5CADDA8CA05BAA1800D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment_CC2AD9AFDC48A5CADDA8CA05BAA1800D" xlink:to="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment_CC2AD9AFDC48A5CADDA8CA05BAA1800D" xlink:type="arc"/>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableAverageRecordedInvestment_E8D44A182CF3AB559A87CA05BAA1829D_totalLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableAverageRecordedInvestment_E8D44A182CF3AB559A87CA05BAA1829D" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total impaired loans, average recorded investment </link:label>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableAverageRecordedInvestment_E8D44A182CF3AB559A87CA05BAA1829D_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableAverageRecordedInvestment_E8D44A182CF3AB559A87CA05BAA1829D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable, Average Recorded Investment </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ImpairedFinancingReceivableAverageRecordedInvestment" xlink:label="loc_us-gaap_ImpairedFinancingReceivableAverageRecordedInvestment_E8D44A182CF3AB559A87CA05BAA1829D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableAverageRecordedInvestment_E8D44A182CF3AB559A87CA05BAA1829D" xlink:to="lab_us-gaap_ImpairedFinancingReceivableAverageRecordedInvestment_E8D44A182CF3AB559A87CA05BAA1829D" xlink:type="arc"/>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_5237CF2B0E98A2AD445FCA05BAA10B74_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_5237CF2B0E98A2AD445FCA05BAA10B74" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Impaired loans with an allowance, interest income recognized </link:label>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_5237CF2B0E98A2AD445FCA05BAA10B74_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_5237CF2B0E98A2AD445FCA05BAA10B74" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod" xlink:label="loc_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_5237CF2B0E98A2AD445FCA05BAA10B74" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_5237CF2B0E98A2AD445FCA05BAA10B74" xlink:to="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_5237CF2B0E98A2AD445FCA05BAA10B74" xlink:type="arc"/>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod_47C081C6D7231ABC06BFCA05BAA1D7A4_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod_47C081C6D7231ABC06BFCA05BAA1D7A4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Impaired loans without an allowance, interest income recognized </link:label>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod_47C081C6D7231ABC06BFCA05BAA1D7A4_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod_47C081C6D7231ABC06BFCA05BAA1D7A4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable, with No Related Allowance, Interest Income, Accrual Method </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod" xlink:label="loc_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod_47C081C6D7231ABC06BFCA05BAA1D7A4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod_47C081C6D7231ABC06BFCA05BAA1D7A4" xlink:to="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod_47C081C6D7231ABC06BFCA05BAA1D7A4" xlink:type="arc"/>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableInterestIncomeAccrualMethod_8C4BBB6EC8702E7C69A2CA05BAA2E391_totalLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableInterestIncomeAccrualMethod_8C4BBB6EC8702E7C69A2CA05BAA2E391" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total impaired loans, interest income recognized </link:label>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableInterestIncomeAccrualMethod_8C4BBB6EC8702E7C69A2CA05BAA2E391_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableInterestIncomeAccrualMethod_8C4BBB6EC8702E7C69A2CA05BAA2E391" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable, Interest Income, Accrual Method </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ImpairedFinancingReceivableInterestIncomeAccrualMethod" xlink:label="loc_us-gaap_ImpairedFinancingReceivableInterestIncomeAccrualMethod_8C4BBB6EC8702E7C69A2CA05BAA2E391" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableInterestIncomeAccrualMethod_8C4BBB6EC8702E7C69A2CA05BAA2E391" xlink:to="lab_us-gaap_ImpairedFinancingReceivableInterestIncomeAccrualMethod_8C4BBB6EC8702E7C69A2CA05BAA2E391" xlink:type="arc"/>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_6AFE63B285E54FA689AECA05BAA203C6_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_6AFE63B285E54FA689AECA05BAA203C6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Impaired loans with an allowance, recorded investment </link:label>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_6AFE63B285E54FA689AECA05BAA203C6_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_6AFE63B285E54FA689AECA05BAA203C6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable, with Related Allowance, Recorded Investment </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment" xlink:label="loc_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_6AFE63B285E54FA689AECA05BAA203C6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_6AFE63B285E54FA689AECA05BAA203C6" xlink:to="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_6AFE63B285E54FA689AECA05BAA203C6" xlink:type="arc"/>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment_F8F514344017FD97DF6CCA05BAA23B07_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment_F8F514344017FD97DF6CCA05BAA23B07" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Impaired loans without an allowance, recorded investment </link:label>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment_F8F514344017FD97DF6CCA05BAA23B07_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment_F8F514344017FD97DF6CCA05BAA23B07" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable, with No Related Allowance, Recorded Investment </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment" xlink:label="loc_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment_F8F514344017FD97DF6CCA05BAA23B07" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment_F8F514344017FD97DF6CCA05BAA23B07" xlink:to="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment_F8F514344017FD97DF6CCA05BAA23B07" xlink:type="arc"/>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableRecordedInvestment_8602D76357102676A204CA05BAA220BB_totalLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableRecordedInvestment_8602D76357102676A204CA05BAA220BB" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total impaired loans, recorded investment </link:label>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableRecordedInvestment_8602D76357102676A204CA05BAA220BB_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableRecordedInvestment_8602D76357102676A204CA05BAA220BB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable, Recorded Investment </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ImpairedFinancingReceivableRecordedInvestment" xlink:label="loc_us-gaap_ImpairedFinancingReceivableRecordedInvestment_8602D76357102676A204CA05BAA220BB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableRecordedInvestment_8602D76357102676A204CA05BAA220BB" xlink:to="lab_us-gaap_ImpairedFinancingReceivableRecordedInvestment_8602D76357102676A204CA05BAA220BB" xlink:type="arc"/>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_72436A047548C2CB8700CA05BAA2F734_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_72436A047548C2CB8700CA05BAA2F734" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Impaired loans with an allowance, unpaid Principal balance </link:label>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_72436A047548C2CB8700CA05BAA2F734_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_72436A047548C2CB8700CA05BAA2F734" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance" xlink:label="loc_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_72436A047548C2CB8700CA05BAA2F734" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_72436A047548C2CB8700CA05BAA2F734" xlink:to="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_72436A047548C2CB8700CA05BAA2F734" xlink:type="arc"/>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance_67F131C21852502DC7E6CA05BAA20AA7_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance_67F131C21852502DC7E6CA05BAA20AA7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Impaired loans without an allowance, unpaid Principal balance </link:label>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance_67F131C21852502DC7E6CA05BAA20AA7_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance_67F131C21852502DC7E6CA05BAA20AA7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance" xlink:label="loc_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance_67F131C21852502DC7E6CA05BAA20AA7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance_67F131C21852502DC7E6CA05BAA20AA7" xlink:to="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance_67F131C21852502DC7E6CA05BAA20AA7" xlink:type="arc"/>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_E51B7ED120E99BCCB9DFCA05BAA2E043_totalLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_E51B7ED120E99BCCB9DFCA05BAA2E043" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total impaired loans, unpaid Principal balance </link:label>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_E51B7ED120E99BCCB9DFCA05BAA2E043_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_E51B7ED120E99BCCB9DFCA05BAA2E043" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable, Unpaid Principal Balance </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance" xlink:label="loc_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_E51B7ED120E99BCCB9DFCA05BAA2E043" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_E51B7ED120E99BCCB9DFCA05BAA2E043" xlink:to="lab_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_E51B7ED120E99BCCB9DFCA05BAA2E043" xlink:type="arc"/>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableRelatedAllowance_732292DD542AA3130416CA05BAA21270_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableRelatedAllowance_732292DD542AA3130416CA05BAA21270" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Impaired loans with an allowance, related allowance </link:label>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableRelatedAllowance_732292DD542AA3130416CA05BAA21270_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableRelatedAllowance_732292DD542AA3130416CA05BAA21270" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impaired Financing Receivable, Related Allowance </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ImpairedFinancingReceivableRelatedAllowance" xlink:label="loc_us-gaap_ImpairedFinancingReceivableRelatedAllowance_732292DD542AA3130416CA05BAA21270" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableRelatedAllowance_732292DD542AA3130416CA05BAA21270" xlink:to="lab_us-gaap_ImpairedFinancingReceivableRelatedAllowance_732292DD542AA3130416CA05BAA21270" xlink:type="arc"/>
<link:label id="lab_us-gaap_LoansReceivableHeldForSaleAmount_63B427EB525571855F16CA05B75548DC_terseLabel_en-US" xlink:label="lab_us-gaap_LoansReceivableHeldForSaleAmount_63B427EB525571855F16CA05B75548DC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans Receivable Held-for-sale, Amount </link:label>
<link:label id="lab_us-gaap_LoansReceivableHeldForSaleAmount_63B427EB525571855F16CA05B75548DC_label_en-US" xlink:label="lab_us-gaap_LoansReceivableHeldForSaleAmount_63B427EB525571855F16CA05B75548DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans Receivable Held-for-sale, Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LoansReceivableHeldForSaleAmount" xlink:label="loc_us-gaap_LoansReceivableHeldForSaleAmount_63B427EB525571855F16CA05B75548DC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansReceivableHeldForSaleAmount_63B427EB525571855F16CA05B75548DC" xlink:to="lab_us-gaap_LoansReceivableHeldForSaleAmount_63B427EB525571855F16CA05B75548DC" xlink:type="arc"/>
<link:label id="lab_bk_LongTermDebtCarryingAmount_E690637E66B927159602CA05B75522DB_terseLabel_en-US" xlink:label="lab_bk_LongTermDebtCarryingAmount_E690637E66B927159602CA05B75522DB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Long-term debt, carrying amount </link:label>
<link:label id="lab_bk_LongTermDebtCarryingAmount_E690637E66B927159602CA05B75522DB_label_en-US" xlink:label="lab_bk_LongTermDebtCarryingAmount_E690637E66B927159602CA05B75522DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long Term Debt Carrying Amount </link:label>
<link:label id="lab_bk_LongTermDebtCarryingAmount_E690637E66B927159602CA05B75522DB_documentation_en-US" xlink:label="lab_bk_LongTermDebtCarryingAmount_E690637E66B927159602CA05B75522DB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Long Term Debt, Carrying Amount </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_LongTermDebtCarryingAmount" xlink:label="loc_bk_LongTermDebtCarryingAmount_E690637E66B927159602CA05B75522DB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_LongTermDebtCarryingAmount_E690637E66B927159602CA05B75522DB" xlink:to="lab_bk_LongTermDebtCarryingAmount_E690637E66B927159602CA05B75522DB" xlink:type="arc"/>
<link:label id="lab_us-gaap_LongTermDebtFairValue_3106EB3C6CE487BC4D05CA05B7553FC5_verboseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtFairValue_3106EB3C6CE487BC4D05CA05B7553FC5" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Long-term debt, fair value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LongTermDebtFairValue" xlink:label="loc_us-gaap_LongTermDebtFairValue_3106EB3C6CE487BC4D05CA05B7553FC5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtFairValue_3106EB3C6CE487BC4D05CA05B7553FC5" xlink:to="lab_us-gaap_LongTermDebtFairValue_3106EB3C6CE487BC4D05CA05B7553FC5" xlink:type="arc"/>
<link:label id="lab_bk_WealthManagementMortgagesPortfolioSegmentMember_91B202F1DEC1768EA326CA05BA89B830_terseLabel_en-US" xlink:label="lab_bk_WealthManagementMortgagesPortfolioSegmentMember_91B202F1DEC1768EA326CA05BA89B830" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Wealth management mortgages </link:label>
<link:label id="lab_bk_WealthManagementMortgagesPortfolioSegmentMember_91B202F1DEC1768EA326CA05BA89B830_label_en-US" xlink:label="lab_bk_WealthManagementMortgagesPortfolioSegmentMember_91B202F1DEC1768EA326CA05BA89B830" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Wealth Management Mortgages Portfolio Segment [Member] </link:label>
<link:label id="lab_bk_WealthManagementMortgagesPortfolioSegmentMember_91B202F1DEC1768EA326CA05BA89B830_documentation_en-US" xlink:label="lab_bk_WealthManagementMortgagesPortfolioSegmentMember_91B202F1DEC1768EA326CA05BA89B830" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Wealth Management Mortgages Portfolio Segment [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_WealthManagementMortgagesPortfolioSegmentMember" xlink:label="loc_bk_WealthManagementMortgagesPortfolioSegmentMember_91B202F1DEC1768EA326CA05BA89B830" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_WealthManagementMortgagesPortfolioSegmentMember_91B202F1DEC1768EA326CA05BA89B830" xlink:to="lab_bk_WealthManagementMortgagesPortfolioSegmentMember_91B202F1DEC1768EA326CA05BA89B830" xlink:type="arc"/>
<link:label id="lab_stpr_CA_473AB1DEF5FB320CFC1BCA05BA8923EF_terseLabel_en-US" xlink:label="lab_stpr_CA_473AB1DEF5FB320CFC1BCA05BA8923EF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> California </link:label>
<link:label id="lab_stpr_CA_473AB1DEF5FB320CFC1BCA05BA8923EF_label_en-US" xlink:label="lab_stpr_CA_473AB1DEF5FB320CFC1BCA05BA8923EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> CALIFORNIA </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_CA" xlink:label="loc_stpr_CA_473AB1DEF5FB320CFC1BCA05BA8923EF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stpr_CA_473AB1DEF5FB320CFC1BCA05BA8923EF" xlink:to="lab_stpr_CA_473AB1DEF5FB320CFC1BCA05BA8923EF" xlink:type="arc"/>
<link:label id="lab_stpr_NY_4C89CDB4541C68FCA249CA05BA8ABCCA_terseLabel_en-US" xlink:label="lab_stpr_NY_4C89CDB4541C68FCA249CA05BA8ABCCA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> New York </link:label>
<link:label id="lab_stpr_NY_4C89CDB4541C68FCA249CA05BA8ABCCA_label_en-US" xlink:label="lab_stpr_NY_4C89CDB4541C68FCA249CA05BA8ABCCA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> NEW YORK </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_NY" xlink:label="loc_stpr_NY_4C89CDB4541C68FCA249CA05BA8ABCCA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stpr_NY_4C89CDB4541C68FCA249CA05BA8ABCCA" xlink:to="lab_stpr_NY_4C89CDB4541C68FCA249CA05BA8ABCCA" xlink:type="arc"/>
<link:label id="lab_stpr_MA_C1872DE1544F220D7F82CA05BA8A1DB7_terseLabel_en-US" xlink:label="lab_stpr_MA_C1872DE1544F220D7F82CA05BA8A1DB7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Massachusetts </link:label>
<link:label id="lab_stpr_MA_C1872DE1544F220D7F82CA05BA8A1DB7_label_en-US" xlink:label="lab_stpr_MA_C1872DE1544F220D7F82CA05BA8A1DB7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> MASSACHUSETTS </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_MA" xlink:label="loc_stpr_MA_C1872DE1544F220D7F82CA05BA8A1DB7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stpr_MA_C1872DE1544F220D7F82CA05BA8A1DB7" xlink:to="lab_stpr_MA_C1872DE1544F220D7F82CA05BA8A1DB7" xlink:type="arc"/>
<link:label id="lab_stpr_FL_D61DCA1B36AF8FA5C44CCA05BA8A8E13_terseLabel_en-US" xlink:label="lab_stpr_FL_D61DCA1B36AF8FA5C44CCA05BA8A8E13" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Florida </link:label>
<link:label id="lab_stpr_FL_D61DCA1B36AF8FA5C44CCA05BA8A8E13_label_en-US" xlink:label="lab_stpr_FL_D61DCA1B36AF8FA5C44CCA05BA8A8E13" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> FLORIDA </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_FL" xlink:label="loc_stpr_FL_D61DCA1B36AF8FA5C44CCA05BA8A8E13" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stpr_FL_D61DCA1B36AF8FA5C44CCA05BA8A8E13" xlink:to="lab_stpr_FL_D61DCA1B36AF8FA5C44CCA05BA8A8E13" xlink:type="arc"/>
<link:label id="lab_bk_OtherStatesNotSeparatelyDisclosedMember_0AD4FE44B6818F3379B4CA05BA8A49F5_terseLabel_en-US" xlink:label="lab_bk_OtherStatesNotSeparatelyDisclosedMember_0AD4FE44B6818F3379B4CA05BA8A49F5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other </link:label>
<link:label id="lab_bk_OtherStatesNotSeparatelyDisclosedMember_0AD4FE44B6818F3379B4CA05BA8A49F5_label_en-US" xlink:label="lab_bk_OtherStatesNotSeparatelyDisclosedMember_0AD4FE44B6818F3379B4CA05BA8A49F5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other States, Not Separately Disclosed [Member] </link:label>
<link:label id="lab_bk_OtherStatesNotSeparatelyDisclosedMember_0AD4FE44B6818F3379B4CA05BA8A49F5_documentation_en-US" xlink:label="lab_bk_OtherStatesNotSeparatelyDisclosedMember_0AD4FE44B6818F3379B4CA05BA8A49F5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other States, Not Separately Disclosed [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_OtherStatesNotSeparatelyDisclosedMember" xlink:label="loc_bk_OtherStatesNotSeparatelyDisclosedMember_0AD4FE44B6818F3379B4CA05BA8A49F5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OtherStatesNotSeparatelyDisclosedMember_0AD4FE44B6818F3379B4CA05BA8A49F5" xlink:to="lab_bk_OtherStatesNotSeparatelyDisclosedMember_0AD4FE44B6818F3379B4CA05BA8A49F5" xlink:type="arc"/>
<link:label id="lab_bk_NumberofPortfolioSegments_CE252B995471607786B0CA05BA8A53CE_terseLabel_en-US" xlink:label="lab_bk_NumberofPortfolioSegments_CE252B995471607786B0CA05BA8A53CE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Number of portfolio segments </link:label>
<link:label id="lab_bk_NumberofPortfolioSegments_CE252B995471607786B0CA05BA8A53CE_label_en-US" xlink:label="lab_bk_NumberofPortfolioSegments_CE252B995471607786B0CA05BA8A53CE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Number of Portfolio Segments </link:label>
<link:label id="lab_bk_NumberofPortfolioSegments_CE252B995471607786B0CA05BA8A53CE_documentation_en-US" xlink:label="lab_bk_NumberofPortfolioSegments_CE252B995471607786B0CA05BA8A53CE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Number of Portfolio Segments </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_NumberofPortfolioSegments" xlink:label="loc_bk_NumberofPortfolioSegments_CE252B995471607786B0CA05BA8A53CE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_NumberofPortfolioSegments_CE252B995471607786B0CA05BA8A53CE" xlink:to="lab_bk_NumberofPortfolioSegments_CE252B995471607786B0CA05BA8A53CE" xlink:type="arc"/>
<link:label id="lab_bk_NumberofClassesofFinancingReceivable_8FCDA26392A64C55FDF6CA05BA8A1818_terseLabel_en-US" xlink:label="lab_bk_NumberofClassesofFinancingReceivable_8FCDA26392A64C55FDF6CA05BA8A1818" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Number of classes of financing receivables </link:label>
<link:label id="lab_bk_NumberofClassesofFinancingReceivable_8FCDA26392A64C55FDF6CA05BA8A1818_label_en-US" xlink:label="lab_bk_NumberofClassesofFinancingReceivable_8FCDA26392A64C55FDF6CA05BA8A1818" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Number of Classes of Financing Receivable </link:label>
<link:label id="lab_bk_NumberofClassesofFinancingReceivable_8FCDA26392A64C55FDF6CA05BA8A1818_documentation_en-US" xlink:label="lab_bk_NumberofClassesofFinancingReceivable_8FCDA26392A64C55FDF6CA05BA8A1818" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Number of Classes of Financing Receivable </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_NumberofClassesofFinancingReceivable" xlink:label="loc_bk_NumberofClassesofFinancingReceivable_8FCDA26392A64C55FDF6CA05BA8A1818" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_NumberofClassesofFinancingReceivable_8FCDA26392A64C55FDF6CA05BA8A1818" xlink:to="lab_bk_NumberofClassesofFinancingReceivable_8FCDA26392A64C55FDF6CA05BA8A1818" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1_2F0CBE504C4811AC0062CA05BA8AE1F4_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1_2F0CBE504C4811AC0062CA05BA8AE1F4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing receivable, modifications, subsequent default, recorded investment (less than) </link:label>
<link:label id="lab_us-gaap_FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1_2F0CBE504C4811AC0062CA05BA8AE1F4_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1_2F0CBE504C4811AC0062CA05BA8AE1F4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Modifications, Subsequent Default, Recorded Investment </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1" xlink:label="loc_us-gaap_FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1_2F0CBE504C4811AC0062CA05BA8AE1F4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1_2F0CBE504C4811AC0062CA05BA8AE1F4" xlink:to="lab_us-gaap_FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1_2F0CBE504C4811AC0062CA05BA8AE1F4" xlink:type="arc"/>
<link:label id="lab_bk_LoanToValueRatio_ABA9F6694DDECD8AF802CA05BA8AAF60_terseLabel_en-US" xlink:label="lab_bk_LoanToValueRatio_ABA9F6694DDECD8AF802CA05BA8AAF60" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loan to value ratio at origination </link:label>
<link:label id="lab_bk_LoanToValueRatio_ABA9F6694DDECD8AF802CA05BA8AAF60_label_en-US" xlink:label="lab_bk_LoanToValueRatio_ABA9F6694DDECD8AF802CA05BA8AAF60" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loan To Value Ratio </link:label>
<link:label id="lab_bk_LoanToValueRatio_ABA9F6694DDECD8AF802CA05BA8AAF60_documentation_en-US" xlink:label="lab_bk_LoanToValueRatio_ABA9F6694DDECD8AF802CA05BA8AAF60" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Loan To Value Ratio </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_LoanToValueRatio" xlink:label="loc_bk_LoanToValueRatio_ABA9F6694DDECD8AF802CA05BA8AAF60" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_LoanToValueRatio_ABA9F6694DDECD8AF802CA05BA8AAF60" xlink:to="lab_bk_LoanToValueRatio_ABA9F6694DDECD8AF802CA05BA8AAF60" xlink:type="arc"/>
<link:label id="lab_bk_PercentageOfLoansThirtyDaysOrMorePastDue_02204EBD185BDEBA4E1ECA05BA8AA879_terseLabel_en-US" xlink:label="lab_bk_PercentageOfLoansThirtyDaysOrMorePastDue_02204EBD185BDEBA4E1ECA05BA8AA879" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Percentage of past due mortgages (less than) </link:label>
<link:label id="lab_bk_PercentageOfLoansThirtyDaysOrMorePastDue_02204EBD185BDEBA4E1ECA05BA8AA879_label_en-US" xlink:label="lab_bk_PercentageOfLoansThirtyDaysOrMorePastDue_02204EBD185BDEBA4E1ECA05BA8AA879" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Percentage Of Loans Thirty Days Or More Past Due </link:label>
<link:label id="lab_bk_PercentageOfLoansThirtyDaysOrMorePastDue_02204EBD185BDEBA4E1ECA05BA8AA879_documentation_en-US" xlink:label="lab_bk_PercentageOfLoansThirtyDaysOrMorePastDue_02204EBD185BDEBA4E1ECA05BA8AA879" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Percentage of loans 30 days or more past due </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_PercentageOfLoansThirtyDaysOrMorePastDue" xlink:label="loc_bk_PercentageOfLoansThirtyDaysOrMorePastDue_02204EBD185BDEBA4E1ECA05BA8AA879" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_PercentageOfLoansThirtyDaysOrMorePastDue_02204EBD185BDEBA4E1ECA05BA8AA879" xlink:to="lab_bk_PercentageOfLoansThirtyDaysOrMorePastDue_02204EBD185BDEBA4E1ECA05BA8AA879" xlink:type="arc"/>
<link:label id="lab_us-gaap_ConcentrationRiskPercentage1_D7FB9490EB1AE0FD4E7FCA05BA8AF826_verboseLabel_en-US" xlink:label="lab_us-gaap_ConcentrationRiskPercentage1_D7FB9490EB1AE0FD4E7FCA05BA8AF826" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Geographic concentrations </link:label>
<link:label id="lab_us-gaap_ConcentrationRiskPercentage1_D7FB9490EB1AE0FD4E7FCA05BA8AF826_label_en-US" xlink:label="lab_us-gaap_ConcentrationRiskPercentage1_D7FB9490EB1AE0FD4E7FCA05BA8AF826" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Concentration Risk, Percentage </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConcentrationRiskPercentage1" xlink:label="loc_us-gaap_ConcentrationRiskPercentage1_D7FB9490EB1AE0FD4E7FCA05BA8AF826" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConcentrationRiskPercentage1_D7FB9490EB1AE0FD4E7FCA05BA8AF826" xlink:to="lab_us-gaap_ConcentrationRiskPercentage1_D7FB9490EB1AE0FD4E7FCA05BA8AF826" xlink:type="arc"/>
<link:label id="lab_bk_PurchasedMortgages_3744AAC255524F4B02F9CA05BA8A08B2_terseLabel_en-US" xlink:label="lab_bk_PurchasedMortgages_3744AAC255524F4B02F9CA05BA8A08B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Purchased mortgages </link:label>
<link:label id="lab_bk_PurchasedMortgages_3744AAC255524F4B02F9CA05BA8A08B2_label_en-US" xlink:label="lab_bk_PurchasedMortgages_3744AAC255524F4B02F9CA05BA8A08B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Purchased Mortgages </link:label>
<link:label id="lab_bk_PurchasedMortgages_3744AAC255524F4B02F9CA05BA8A08B2_documentation_en-US" xlink:label="lab_bk_PurchasedMortgages_3744AAC255524F4B02F9CA05BA8A08B2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Purchased residential mortgages. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_PurchasedMortgages" xlink:label="loc_bk_PurchasedMortgages_3744AAC255524F4B02F9CA05BA8A08B2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_PurchasedMortgages_3744AAC255524F4B02F9CA05BA8A08B2" xlink:to="lab_bk_PurchasedMortgages_3744AAC255524F4B02F9CA05BA8A08B2" xlink:type="arc"/>
<link:label id="lab_bk_LoanToValueRatioPurchasedResidentialMortgages_0E94378A8DEEAF8CD15DCA05BA8BAABB_terseLabel_en-US" xlink:label="lab_bk_LoanToValueRatioPurchasedResidentialMortgages_0E94378A8DEEAF8CD15DCA05BA8BAABB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Purchased residential mortgages, loan to value ratio </link:label>
<link:label id="lab_bk_LoanToValueRatioPurchasedResidentialMortgages_0E94378A8DEEAF8CD15DCA05BA8BAABB_label_en-US" xlink:label="lab_bk_LoanToValueRatioPurchasedResidentialMortgages_0E94378A8DEEAF8CD15DCA05BA8BAABB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loan To Value Ratio Purchased Residential Mortgages </link:label>
<link:label id="lab_bk_LoanToValueRatioPurchasedResidentialMortgages_0E94378A8DEEAF8CD15DCA05BA8BAABB_documentation_en-US" xlink:label="lab_bk_LoanToValueRatioPurchasedResidentialMortgages_0E94378A8DEEAF8CD15DCA05BA8BAABB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Loan to Value Ratio, Purchased Residential Mortgages </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_LoanToValueRatioPurchasedResidentialMortgages" xlink:label="loc_bk_LoanToValueRatioPurchasedResidentialMortgages_0E94378A8DEEAF8CD15DCA05BA8BAABB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_LoanToValueRatioPurchasedResidentialMortgages_0E94378A8DEEAF8CD15DCA05BA8BAABB" xlink:to="lab_bk_LoanToValueRatioPurchasedResidentialMortgages_0E94378A8DEEAF8CD15DCA05BA8BAABB" xlink:type="arc"/>
<link:label id="lab_bk_PercentageOfLoansSixtyOrMoreDaysPastDue_6A1801D6ECBAEDB82852CA05BA8B298D_terseLabel_en-US" xlink:label="lab_bk_PercentageOfLoansSixtyOrMoreDaysPastDue_6A1801D6ECBAEDB82852CA05BA8B298D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Percentage of purchased residential mortgages that were at least 60 days delinquent </link:label>
<link:label id="lab_bk_PercentageOfLoansSixtyOrMoreDaysPastDue_6A1801D6ECBAEDB82852CA05BA8B298D_label_en-US" xlink:label="lab_bk_PercentageOfLoansSixtyOrMoreDaysPastDue_6A1801D6ECBAEDB82852CA05BA8B298D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Percentage Of Loans Sixty Or More Days Past Due </link:label>
<link:label id="lab_bk_PercentageOfLoansSixtyOrMoreDaysPastDue_6A1801D6ECBAEDB82852CA05BA8B298D_documentation_en-US" xlink:label="lab_bk_PercentageOfLoansSixtyOrMoreDaysPastDue_6A1801D6ECBAEDB82852CA05BA8B298D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Percentage of Loans 60 or more Days Past Due </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_PercentageOfLoansSixtyOrMoreDaysPastDue" xlink:label="loc_bk_PercentageOfLoansSixtyOrMoreDaysPastDue_6A1801D6ECBAEDB82852CA05BA8B298D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_PercentageOfLoansSixtyOrMoreDaysPastDue_6A1801D6ECBAEDB82852CA05BA8B298D" xlink:to="lab_bk_PercentageOfLoansSixtyOrMoreDaysPastDue_6A1801D6ECBAEDB82852CA05BA8B298D" xlink:type="arc"/>
<link:label id="lab_bk_OverdraftRepaymentPeriod_3E102B1D272F77A281B0CA05BA8B6EE5_terseLabel_en-US" xlink:label="lab_bk_OverdraftRepaymentPeriod_3E102B1D272F77A281B0CA05BA8B6EE5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Number of business days in which overdrafts are generally repaid </link:label>
<link:label id="lab_bk_OverdraftRepaymentPeriod_3E102B1D272F77A281B0CA05BA8B6EE5_label_en-US" xlink:label="lab_bk_OverdraftRepaymentPeriod_3E102B1D272F77A281B0CA05BA8B6EE5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Overdraft Repayment Period </link:label>
<link:label id="lab_bk_OverdraftRepaymentPeriod_3E102B1D272F77A281B0CA05BA8B6EE5_documentation_en-US" xlink:label="lab_bk_OverdraftRepaymentPeriod_3E102B1D272F77A281B0CA05BA8B6EE5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Overdraft Repayment Period </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_OverdraftRepaymentPeriod" xlink:label="loc_bk_OverdraftRepaymentPeriod_3E102B1D272F77A281B0CA05BA8B6EE5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OverdraftRepaymentPeriod_3E102B1D272F77A281B0CA05BA8B6EE5" xlink:to="lab_bk_OverdraftRepaymentPeriod_3E102B1D272F77A281B0CA05BA8B6EE5" xlink:type="arc"/>
<link:label id="lab_bk_PercentageCollateralToLoans_39BEC9437B012E0535AFCA05BA8BF51F_terseLabel_en-US" xlink:label="lab_bk_PercentageCollateralToLoans_39BEC9437B012E0535AFCA05BA8BF51F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Required daily collateral margin (in excess of) </link:label>
<link:label id="lab_bk_PercentageCollateralToLoans_39BEC9437B012E0535AFCA05BA8BF51F_label_en-US" xlink:label="lab_bk_PercentageCollateralToLoans_39BEC9437B012E0535AFCA05BA8BF51F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Percentage Collateral To Loans </link:label>
<link:label id="lab_bk_PercentageCollateralToLoans_39BEC9437B012E0535AFCA05BA8BF51F_documentation_en-US" xlink:label="lab_bk_PercentageCollateralToLoans_39BEC9437B012E0535AFCA05BA8BF51F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Percentage Collateral To Loans </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_PercentageCollateralToLoans" xlink:label="loc_bk_PercentageCollateralToLoans_39BEC9437B012E0535AFCA05BA8BF51F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_PercentageCollateralToLoans_39BEC9437B012E0535AFCA05BA8BF51F" xlink:to="lab_bk_PercentageCollateralToLoans_39BEC9437B012E0535AFCA05BA8BF51F" xlink:type="arc"/>
<link:label id="lab_bk_TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateDeferredTaxLiabilityExistingIncomeTaxBenefit_302A64C3E873CF89310BD2C1AEF017B2_negatedTerseLabel_en-US" xlink:label="lab_bk_TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateDeferredTaxLiabilityExistingIncomeTaxBenefit_302A64C3E873CF89310BD2C1AEF017B2" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Remeasurement of net deferred tax liabilities </link:label>
<link:label id="lab_bk_TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateDeferredTaxLiabilityExistingIncomeTaxBenefit_302A64C3E873CF89310BD2C1AEF017B2_label_en-US" xlink:label="lab_bk_TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateDeferredTaxLiabilityExistingIncomeTaxBenefit_302A64C3E873CF89310BD2C1AEF017B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tax Cuts And Jobs Act Of 2017 Incomplete Accounting Change In Tax Rate Deferred Tax Liability Existing Income Tax Benefit </link:label>
<link:label id="lab_bk_TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateDeferredTaxLiabilityExistingIncomeTaxBenefit_302A64C3E873CF89310BD2C1AEF017B2_documentation_en-US" xlink:label="lab_bk_TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateDeferredTaxLiabilityExistingIncomeTaxBenefit_302A64C3E873CF89310BD2C1AEF017B2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Amount of income tax benefit for which accounting for tax effect is incomplete for remeasurement of deferred tax liability from change in tax rate pursuant to Tax Cuts and Jobs Act of 2017 and no reasonable estimate is determined. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateDeferredTaxLiabilityExistingIncomeTaxBenefit" xlink:label="loc_bk_TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateDeferredTaxLiabilityExistingIncomeTaxBenefit_302A64C3E873CF89310BD2C1AEF017B2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateDeferredTaxLiabilityExistingIncomeTaxBenefit_302A64C3E873CF89310BD2C1AEF017B2" xlink:to="lab_bk_TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateDeferredTaxLiabilityExistingIncomeTaxBenefit_302A64C3E873CF89310BD2C1AEF017B2" xlink:type="arc"/>
<link:label id="lab_bk_TaxCutsAndJobsActOf2017IncompleteAccountingTransitionTaxForAccumulatedForeignEarningsProvisionalIncomeTaxExpense_15BD042254B89C3D0FDAD2C36FA18A0F_terseLabel_en-US" xlink:label="lab_bk_TaxCutsAndJobsActOf2017IncompleteAccountingTransitionTaxForAccumulatedForeignEarningsProvisionalIncomeTaxExpense_15BD042254B89C3D0FDAD2C36FA18A0F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Repatriation tax </link:label>
<link:label id="lab_bk_TaxCutsAndJobsActOf2017IncompleteAccountingTransitionTaxForAccumulatedForeignEarningsProvisionalIncomeTaxExpense_15BD042254B89C3D0FDAD2C36FA18A0F_label_en-US" xlink:label="lab_bk_TaxCutsAndJobsActOf2017IncompleteAccountingTransitionTaxForAccumulatedForeignEarningsProvisionalIncomeTaxExpense_15BD042254B89C3D0FDAD2C36FA18A0F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tax Cuts And Jobs Act Of 2017 Incomplete Accounting Transition Tax For Accumulated Foreign Earnings Provisional Income Tax Expense </link:label>
<link:label id="lab_bk_TaxCutsAndJobsActOf2017IncompleteAccountingTransitionTaxForAccumulatedForeignEarningsProvisionalIncomeTaxExpense_15BD042254B89C3D0FDAD2C36FA18A0F_documentation_en-US" xlink:label="lab_bk_TaxCutsAndJobsActOf2017IncompleteAccountingTransitionTaxForAccumulatedForeignEarningsProvisionalIncomeTaxExpense_15BD042254B89C3D0FDAD2C36FA18A0F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Amount of reasonable estimate for income tax expense from transition tax on accumulated earnings of controlled foreign corporation deemed repatriated pursuant to Tax Cuts and Jobs Act of 2017 for which accounting for tax effect is incomplete. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_TaxCutsAndJobsActOf2017IncompleteAccountingTransitionTaxForAccumulatedForeignEarningsProvisionalIncomeTaxExpense" xlink:label="loc_bk_TaxCutsAndJobsActOf2017IncompleteAccountingTransitionTaxForAccumulatedForeignEarningsProvisionalIncomeTaxExpense_15BD042254B89C3D0FDAD2C36FA18A0F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_TaxCutsAndJobsActOf2017IncompleteAccountingTransitionTaxForAccumulatedForeignEarningsProvisionalIncomeTaxExpense_15BD042254B89C3D0FDAD2C36FA18A0F" xlink:to="lab_bk_TaxCutsAndJobsActOf2017IncompleteAccountingTransitionTaxForAccumulatedForeignEarningsProvisionalIncomeTaxExpense_15BD042254B89C3D0FDAD2C36FA18A0F" xlink:type="arc"/>
<link:label id="lab_bk_TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateProvisionalIncomeTaxExpenseBenefitOtherItems_D9A403E8834DE00E9331D2C5F79942CE_terseLabel_en-US" xlink:label="lab_bk_TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateProvisionalIncomeTaxExpenseBenefitOtherItems_D9A403E8834DE00E9331D2C5F79942CE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other items </link:label>
<link:label id="lab_bk_TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateProvisionalIncomeTaxExpenseBenefitOtherItems_D9A403E8834DE00E9331D2C5F79942CE_label_en-US" xlink:label="lab_bk_TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateProvisionalIncomeTaxExpenseBenefitOtherItems_D9A403E8834DE00E9331D2C5F79942CE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tax Cuts And Jobs Act Of 2017, Incomplete Accounting, Change In Tax Rate, Provisional Income Tax Expense (Benefit), Other Items </link:label>
<link:label id="lab_bk_TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateProvisionalIncomeTaxExpenseBenefitOtherItems_D9A403E8834DE00E9331D2C5F79942CE_documentation_en-US" xlink:label="lab_bk_TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateProvisionalIncomeTaxExpenseBenefitOtherItems_D9A403E8834DE00E9331D2C5F79942CE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Tax Cuts And Jobs Act Of 2017, Incomplete Accounting, Change In Tax Rate, Provisional Income Tax Expense (Benefit), Other Items </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateProvisionalIncomeTaxExpenseBenefitOtherItems" xlink:label="loc_bk_TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateProvisionalIncomeTaxExpenseBenefitOtherItems_D9A403E8834DE00E9331D2C5F79942CE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateProvisionalIncomeTaxExpenseBenefitOtherItems_D9A403E8834DE00E9331D2C5F79942CE" xlink:to="lab_bk_TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateProvisionalIncomeTaxExpenseBenefitOtherItems_D9A403E8834DE00E9331D2C5F79942CE" xlink:type="arc"/>
<link:label id="lab_bk_TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit_D2D6C2F4CF5707106AA7D2C1AB508A8F_totalLabel_en-US" xlink:label="lab_bk_TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit_D2D6C2F4CF5707106AA7D2C1AB508A8F" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net income tax (benefit) </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit" xlink:label="loc_bk_TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit_D2D6C2F4CF5707106AA7D2C1AB508A8F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit_D2D6C2F4CF5707106AA7D2C1AB508A8F" xlink:to="lab_bk_TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit_D2D6C2F4CF5707106AA7D2C1AB508A8F" xlink:type="arc"/>
<link:label id="lab_us-gaap_HeldToMaturitySecuritiesFairValue_6595E7DC379A7A4CC307CA05BB4DC2BF_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesFairValue_6595E7DC379A7A4CC307CA05BB4DC2BF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Held-to-maturity, fair value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesFairValue_6595E7DC379A7A4CC307CA05BB4DC2BF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HeldToMaturitySecuritiesFairValue_6595E7DC379A7A4CC307CA05BB4DC2BF" xlink:to="lab_us-gaap_HeldToMaturitySecuritiesFairValue_6595E7DC379A7A4CC307CA05BB4DC2BF" xlink:type="arc"/>
<link:label id="lab_bk_OtherLiabilitiesAllowanceForLendingRelatedCommitments_CB53DAFBC37E6F341316CA05BB4DBD13_verboseLabel_en-US" xlink:label="lab_bk_OtherLiabilitiesAllowanceForLendingRelatedCommitments_CB53DAFBC37E6F341316CA05BB4DBD13" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Other liabilities, allowance for lending related commitments </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_OtherLiabilitiesAllowanceForLendingRelatedCommitments" xlink:label="loc_bk_OtherLiabilitiesAllowanceForLendingRelatedCommitments_CB53DAFBC37E6F341316CA05BB4DBD13" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_5578AE1A416C23815AB4CA05BB4D7B1B_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_5578AE1A416C23815AB4CA05BB4D7B1B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Other liabilities, fair value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherLiabilitiesFairValueDisclosure" xlink:label="loc_us-gaap_OtherLiabilitiesFairValueDisclosure_5578AE1A416C23815AB4CA05BB4D7B1B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherLiabilitiesFairValueDisclosure_5578AE1A416C23815AB4CA05BB4D7B1B" xlink:to="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_5578AE1A416C23815AB4CA05BB4D7B1B" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockSharesIssued_328E2A3C1FE716B7681FCA05BB4D0C82_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockSharesIssued_328E2A3C1FE716B7681FCA05BB4D0C82" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock, issued (shares) </link:label>
<link:label id="lab_us-gaap_PreferredStockSharesIssued_328E2A3C1FE716B7681FCA05BB4D0C82_label_en-US" xlink:label="lab_us-gaap_PreferredStockSharesIssued_328E2A3C1FE716B7681FCA05BB4D0C82" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Shares Issued </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="loc_us-gaap_PreferredStockSharesIssued_328E2A3C1FE716B7681FCA05BB4D0C82" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CommonStockSharesAuthorized_AE9B81845C77E2BC130DCA05BB4D6F79_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesAuthorized_AE9B81845C77E2BC130DCA05BB4D6F79" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common stock, authorized (shares) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="loc_us-gaap_CommonStockSharesAuthorized_AE9B81845C77E2BC130DCA05BB4D6F79" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CommonStockSharesIssued_46FB4432B1BB376CDB37CA05BB4D192F_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesIssued_46FB4432B1BB376CDB37CA05BB4D192F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common stock, issued (shares) </link:label>
<link:label id="lab_us-gaap_CommonStockSharesIssued_46FB4432B1BB376CDB37CA05BB4D192F_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesIssued_46FB4432B1BB376CDB37CA05BB4D192F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Stock, Shares, Issued </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="loc_us-gaap_CommonStockSharesIssued_46FB4432B1BB376CDB37CA05BB4D192F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesIssued_46FB4432B1BB376CDB37CA05BB4D192F" xlink:to="lab_us-gaap_CommonStockSharesIssued_46FB4432B1BB376CDB37CA05BB4D192F" xlink:type="arc"/>
<link:label id="lab_us-gaap_TreasuryStockShares_2FDF704FEDD406045CE3CA05BB4D5606_terseLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockShares_2FDF704FEDD406045CE3CA05BB4D5606" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Treasury stock, common shares (shares) </link:label>
<link:label id="lab_us-gaap_TreasuryStockShares_2FDF704FEDD406045CE3CA05BB4D5606_label_en-US" xlink:label="lab_us-gaap_TreasuryStockShares_2FDF704FEDD406045CE3CA05BB4D5606" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Treasury Stock, Shares </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="loc_us-gaap_TreasuryStockShares_2FDF704FEDD406045CE3CA05BB4D5606" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TreasuryStockShares_2FDF704FEDD406045CE3CA05BB4D5606" xlink:to="lab_us-gaap_TreasuryStockShares_2FDF704FEDD406045CE3CA05BB4D5606" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipByIncomeStatementLocationByDerivativeInstrumentRiskTable_452A183A2D69D89186A6CA05B72CFEA8_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipByIncomeStatementLocationByDerivativeInstrumentRiskTable_452A183A2D69D89186A6CA05B72CFEA8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Instruments, Gain (Loss) by Hedging Relationship, by Income Statement Location, by Derivative Instrument Risk [Table] </link:label>
<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipByIncomeStatementLocationByDerivativeInstrumentRiskTable_452A183A2D69D89186A6CA05B72CFEA8_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipByIncomeStatementLocationByDerivativeInstrumentRiskTable_452A183A2D69D89186A6CA05B72CFEA8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Instruments, Gain (Loss) [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipByIncomeStatementLocationByDerivativeInstrumentRiskTable" xlink:label="loc_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipByIncomeStatementLocationByDerivativeInstrumentRiskTable_452A183A2D69D89186A6CA05B72CFEA8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipByIncomeStatementLocationByDerivativeInstrumentRiskTable_452A183A2D69D89186A6CA05B72CFEA8" xlink:to="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipByIncomeStatementLocationByDerivativeInstrumentRiskTable_452A183A2D69D89186A6CA05B72CFEA8" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_DE7B365F1966978C923FCA05B72C8DBF_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_DE7B365F1966978C923FCA05B72C8DBF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Hedging Relationship [Axis] </link:label>
<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_DE7B365F1966978C923FCA05B72C8DBF_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_DE7B365F1966978C923FCA05B72C8DBF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Hedging Relationship [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis" xlink:label="loc_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_DE7B365F1966978C923FCA05B72C8DBF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_DE7B365F1966978C923FCA05B72C8DBF" xlink:to="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_DE7B365F1966978C923FCA05B72C8DBF" xlink:type="arc"/>
<link:label id="lab_us-gaap_HedgingRelationshipDomain_F8D803DD9F6F47A9CCB1CA05B72CEC5C_terseLabel_en-US" xlink:label="lab_us-gaap_HedgingRelationshipDomain_F8D803DD9F6F47A9CCB1CA05B72CEC5C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Hedging Relationship [Domain] </link:label>
<link:label id="lab_us-gaap_HedgingRelationshipDomain_F8D803DD9F6F47A9CCB1CA05B72CEC5C_label_en-US" xlink:label="lab_us-gaap_HedgingRelationshipDomain_F8D803DD9F6F47A9CCB1CA05B72CEC5C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Hedging Relationship [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_HedgingRelationshipDomain" xlink:label="loc_us-gaap_HedgingRelationshipDomain_F8D803DD9F6F47A9CCB1CA05B72CEC5C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HedgingRelationshipDomain_F8D803DD9F6F47A9CCB1CA05B72CEC5C" xlink:to="lab_us-gaap_HedgingRelationshipDomain_F8D803DD9F6F47A9CCB1CA05B72CEC5C" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueHedgingMember_65668B71A8614483B7C2CA05B72D8A81_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueHedgingMember_65668B71A8614483B7C2CA05B72D8A81" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair value hedging </link:label>
<link:label id="lab_us-gaap_FairValueHedgingMember_65668B71A8614483B7C2CA05B72D8A81_label_en-US" xlink:label="lab_us-gaap_FairValueHedgingMember_65668B71A8614483B7C2CA05B72D8A81" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Hedging [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueHedgingMember" xlink:label="loc_us-gaap_FairValueHedgingMember_65668B71A8614483B7C2CA05B72D8A81" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueHedgingMember_65668B71A8614483B7C2CA05B72D8A81" xlink:to="lab_us-gaap_FairValueHedgingMember_65668B71A8614483B7C2CA05B72D8A81" xlink:type="arc"/>
<link:label id="lab_us-gaap_CashFlowHedgingMember_48632CFB3591DD9AEC69CA05B72DB67E_terseLabel_en-US" xlink:label="lab_us-gaap_CashFlowHedgingMember_48632CFB3591DD9AEC69CA05B72DB67E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash flow hedges </link:label>
<link:label id="lab_us-gaap_CashFlowHedgingMember_48632CFB3591DD9AEC69CA05B72DB67E_label_en-US" xlink:label="lab_us-gaap_CashFlowHedgingMember_48632CFB3591DD9AEC69CA05B72DB67E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash Flow Hedging [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashFlowHedgingMember" xlink:label="loc_us-gaap_CashFlowHedgingMember_48632CFB3591DD9AEC69CA05B72DB67E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashFlowHedgingMember_48632CFB3591DD9AEC69CA05B72DB67E" xlink:to="lab_us-gaap_CashFlowHedgingMember_48632CFB3591DD9AEC69CA05B72DB67E" xlink:type="arc"/>
<link:label id="lab_us-gaap_NetInvestmentHedgingMember_F661A8711E0B300754ADCA05B72D96AE_terseLabel_en-US" xlink:label="lab_us-gaap_NetInvestmentHedgingMember_F661A8711E0B300754ADCA05B72D96AE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net investment hedging </link:label>
<link:label id="lab_us-gaap_NetInvestmentHedgingMember_F661A8711E0B300754ADCA05B72D96AE_label_en-US" xlink:label="lab_us-gaap_NetInvestmentHedgingMember_F661A8711E0B300754ADCA05B72D96AE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Investment Hedging [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetInvestmentHedgingMember" xlink:label="loc_us-gaap_NetInvestmentHedgingMember_F661A8711E0B300754ADCA05B72D96AE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetInvestmentHedgingMember_F661A8711E0B300754ADCA05B72D96AE" xlink:to="lab_us-gaap_NetInvestmentHedgingMember_F661A8711E0B300754ADCA05B72D96AE" xlink:type="arc"/>
<link:label id="lab_bk_ForeignExchangeContractOneMember_E0E880A8C77F63D4DB88CA05B72D838F_terseLabel_en-US" xlink:label="lab_bk_ForeignExchangeContractOneMember_E0E880A8C77F63D4DB88CA05B72D838F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign exchange contract one </link:label>
<link:label id="lab_bk_ForeignExchangeContractOneMember_E0E880A8C77F63D4DB88CA05B72D838F_label_en-US" xlink:label="lab_bk_ForeignExchangeContractOneMember_E0E880A8C77F63D4DB88CA05B72D838F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign Exchange Contract One [Member] </link:label>
<link:label id="lab_bk_ForeignExchangeContractOneMember_E0E880A8C77F63D4DB88CA05B72D838F_documentation_en-US" xlink:label="lab_bk_ForeignExchangeContractOneMember_E0E880A8C77F63D4DB88CA05B72D838F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Foreign Exchange Contract One [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ForeignExchangeContractOneMember" xlink:label="loc_bk_ForeignExchangeContractOneMember_E0E880A8C77F63D4DB88CA05B72D838F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ForeignExchangeContractOneMember_E0E880A8C77F63D4DB88CA05B72D838F" xlink:to="lab_bk_ForeignExchangeContractOneMember_E0E880A8C77F63D4DB88CA05B72D838F" xlink:type="arc"/>
<link:label id="lab_bk_ForeignExchangeContractTwoMember_A763E8F6B8C8529ADDCACA05B72DA844_terseLabel_en-US" xlink:label="lab_bk_ForeignExchangeContractTwoMember_A763E8F6B8C8529ADDCACA05B72DA844" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign exchange contract two </link:label>
<link:label id="lab_bk_ForeignExchangeContractTwoMember_A763E8F6B8C8529ADDCACA05B72DA844_label_en-US" xlink:label="lab_bk_ForeignExchangeContractTwoMember_A763E8F6B8C8529ADDCACA05B72DA844" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign Exchange Contract Two [Member] </link:label>
<link:label id="lab_bk_ForeignExchangeContractTwoMember_A763E8F6B8C8529ADDCACA05B72DA844_documentation_en-US" xlink:label="lab_bk_ForeignExchangeContractTwoMember_A763E8F6B8C8529ADDCACA05B72DA844" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Foreign Exchange Contract Two [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ForeignExchangeContractTwoMember" xlink:label="loc_bk_ForeignExchangeContractTwoMember_A763E8F6B8C8529ADDCACA05B72DA844" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ForeignExchangeContractTwoMember_A763E8F6B8C8529ADDCACA05B72DA844" xlink:to="lab_bk_ForeignExchangeContractTwoMember_A763E8F6B8C8529ADDCACA05B72DA844" xlink:type="arc"/>
<link:label id="lab_bk_ForeignExchangeContractThreeMember_6BB457C99115B8E052C1CA05B72E00DF_terseLabel_en-US" xlink:label="lab_bk_ForeignExchangeContractThreeMember_6BB457C99115B8E052C1CA05B72E00DF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign exchange contract three </link:label>
<link:label id="lab_bk_ForeignExchangeContractThreeMember_6BB457C99115B8E052C1CA05B72E00DF_label_en-US" xlink:label="lab_bk_ForeignExchangeContractThreeMember_6BB457C99115B8E052C1CA05B72E00DF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign Exchange Contract Three [Member] </link:label>
<link:label id="lab_bk_ForeignExchangeContractThreeMember_6BB457C99115B8E052C1CA05B72E00DF_documentation_en-US" xlink:label="lab_bk_ForeignExchangeContractThreeMember_6BB457C99115B8E052C1CA05B72E00DF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Foreign Exchange Contract Three [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ForeignExchangeContractThreeMember" xlink:label="loc_bk_ForeignExchangeContractThreeMember_6BB457C99115B8E052C1CA05B72E00DF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ForeignExchangeContractThreeMember_6BB457C99115B8E052C1CA05B72E00DF" xlink:to="lab_bk_ForeignExchangeContractThreeMember_6BB457C99115B8E052C1CA05B72E00DF" xlink:type="arc"/>
<link:label id="lab_bk_ForeignExchangeContractFourMember_B17EE9CA8F0450A258B2CA05B72E948C_terseLabel_en-US" xlink:label="lab_bk_ForeignExchangeContractFourMember_B17EE9CA8F0450A258B2CA05B72E948C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign exchange contract four </link:label>
<link:label id="lab_bk_ForeignExchangeContractFourMember_B17EE9CA8F0450A258B2CA05B72E948C_label_en-US" xlink:label="lab_bk_ForeignExchangeContractFourMember_B17EE9CA8F0450A258B2CA05B72E948C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign Exchange Contract Four [Member] </link:label>
<link:label id="lab_bk_ForeignExchangeContractFourMember_B17EE9CA8F0450A258B2CA05B72E948C_documentation_en-US" xlink:label="lab_bk_ForeignExchangeContractFourMember_B17EE9CA8F0450A258B2CA05B72E948C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Foreign Exchange Contract Four [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ForeignExchangeContractFourMember" xlink:label="loc_bk_ForeignExchangeContractFourMember_B17EE9CA8F0450A258B2CA05B72E948C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ForeignExchangeContractFourMember_B17EE9CA8F0450A258B2CA05B72E948C" xlink:to="lab_bk_ForeignExchangeContractFourMember_B17EE9CA8F0450A258B2CA05B72E948C" xlink:type="arc"/>
<link:label id="lab_bk_InterestIncomeExpenseNetMember_2D9364D777788D150B43CA05B72E862F_terseLabel_en-US" xlink:label="lab_bk_InterestIncomeExpenseNetMember_2D9364D777788D150B43CA05B72E862F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net interest revenue </link:label>
<link:label id="lab_bk_InterestIncomeExpenseNetMember_2D9364D777788D150B43CA05B72E862F_label_en-US" xlink:label="lab_bk_InterestIncomeExpenseNetMember_2D9364D777788D150B43CA05B72E862F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Income Expense Net [Member] </link:label>
<link:label id="lab_bk_InterestIncomeExpenseNetMember_2D9364D777788D150B43CA05B72E862F_documentation_en-US" xlink:label="lab_bk_InterestIncomeExpenseNetMember_2D9364D777788D150B43CA05B72E862F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Interest Income (Expense), Net [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_InterestIncomeExpenseNetMember" xlink:label="loc_bk_InterestIncomeExpenseNetMember_2D9364D777788D150B43CA05B72E862F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_InterestIncomeExpenseNetMember_2D9364D777788D150B43CA05B72E862F" xlink:to="lab_bk_InterestIncomeExpenseNetMember_2D9364D777788D150B43CA05B72E862F" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherIncomeMember_B2AD5F7C9506AE63C137CA05B72E974F_terseLabel_en-US" xlink:label="lab_us-gaap_OtherIncomeMember_B2AD5F7C9506AE63C137CA05B72E974F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other revenue </link:label>
<link:label id="lab_us-gaap_OtherIncomeMember_B2AD5F7C9506AE63C137CA05B72E974F_label_en-US" xlink:label="lab_us-gaap_OtherIncomeMember_B2AD5F7C9506AE63C137CA05B72E974F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Income [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherIncomeMember" xlink:label="loc_us-gaap_OtherIncomeMember_B2AD5F7C9506AE63C137CA05B72E974F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherIncomeMember_B2AD5F7C9506AE63C137CA05B72E974F" xlink:to="lab_us-gaap_OtherIncomeMember_B2AD5F7C9506AE63C137CA05B72E974F" xlink:type="arc"/>
<link:label id="lab_us-gaap_TradingRevenueMember_6AEE7A64F7D2941B1620CA05B72EA078_terseLabel_en-US" xlink:label="lab_us-gaap_TradingRevenueMember_6AEE7A64F7D2941B1620CA05B72EA078" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trading revenue </link:label>
<link:label id="lab_us-gaap_TradingRevenueMember_6AEE7A64F7D2941B1620CA05B72EA078_label_en-US" xlink:label="lab_us-gaap_TradingRevenueMember_6AEE7A64F7D2941B1620CA05B72EA078" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trading Revenue [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TradingRevenueMember" xlink:label="loc_us-gaap_TradingRevenueMember_6AEE7A64F7D2941B1620CA05B72EA078" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TradingRevenueMember_6AEE7A64F7D2941B1620CA05B72EA078" xlink:to="lab_us-gaap_TradingRevenueMember_6AEE7A64F7D2941B1620CA05B72EA078" xlink:type="arc"/>
<link:label id="lab_bk_SalaryExpenseMember_6C53FF5F45D42A6DD8F7CA05B72EEB66_terseLabel_en-US" xlink:label="lab_bk_SalaryExpenseMember_6C53FF5F45D42A6DD8F7CA05B72EEB66" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Salary expense </link:label>
<link:label id="lab_bk_SalaryExpenseMember_6C53FF5F45D42A6DD8F7CA05B72EEB66_label_en-US" xlink:label="lab_bk_SalaryExpenseMember_6C53FF5F45D42A6DD8F7CA05B72EEB66" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Salary Expense [Member] </link:label>
<link:label id="lab_bk_SalaryExpenseMember_6C53FF5F45D42A6DD8F7CA05B72EEB66_documentation_en-US" xlink:label="lab_bk_SalaryExpenseMember_6C53FF5F45D42A6DD8F7CA05B72EEB66" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Salary Expense [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_SalaryExpenseMember" xlink:label="loc_bk_SalaryExpenseMember_6C53FF5F45D42A6DD8F7CA05B72EEB66" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SalaryExpenseMember_6C53FF5F45D42A6DD8F7CA05B72EEB66" xlink:to="lab_bk_SalaryExpenseMember_6C53FF5F45D42A6DD8F7CA05B72EEB66" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossLineItems_523DA829915A6FB12B2ECA05B72EF4DA_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossLineItems_523DA829915A6FB12B2ECA05B72EF4DA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Instruments, Gain (Loss) [Line Items] </link:label>
<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossLineItems_523DA829915A6FB12B2ECA05B72EF4DA_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossLineItems_523DA829915A6FB12B2ECA05B72EF4DA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Instruments, Gain (Loss) [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossLineItems" xlink:label="loc_us-gaap_DerivativeInstrumentsGainLossLineItems_523DA829915A6FB12B2ECA05B72EF4DA" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeGainLossOnDerivativeNet_9AFA39CEE3C93D6C5DACCA05B72E4CAF_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeGainLossOnDerivativeNet_9AFA39CEE3C93D6C5DACCA05B72E4CAF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gain or (loss) recognized in income on derivatives </link:label>
<link:label id="lab_us-gaap_DerivativeGainLossOnDerivativeNet_9AFA39CEE3C93D6C5DACCA05B72E4CAF_label_en-US" xlink:label="lab_us-gaap_DerivativeGainLossOnDerivativeNet_9AFA39CEE3C93D6C5DACCA05B72E4CAF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative, Gain (Loss) on Derivative, Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeGainLossOnDerivativeNet" xlink:label="loc_us-gaap_DerivativeGainLossOnDerivativeNet_9AFA39CEE3C93D6C5DACCA05B72E4CAF" xlink:type="locator"/>
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<link:label id="lab_bk_HedgedItemsGainLossRecognizedInIncomeNet_65D68AE66691EBAAAED4CA05B72E4238_terseLabel_en-US" xlink:label="lab_bk_HedgedItemsGainLossRecognizedInIncomeNet_65D68AE66691EBAAAED4CA05B72E4238" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gain or (loss) recognized in hedged item </link:label>
<link:label id="lab_bk_HedgedItemsGainLossRecognizedInIncomeNet_65D68AE66691EBAAAED4CA05B72E4238_label_en-US" xlink:label="lab_bk_HedgedItemsGainLossRecognizedInIncomeNet_65D68AE66691EBAAAED4CA05B72E4238" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Hedged Items Gain Loss Recognized In Income Net </link:label>
<link:label id="lab_bk_HedgedItemsGainLossRecognizedInIncomeNet_65D68AE66691EBAAAED4CA05B72E4238_documentation_en-US" xlink:label="lab_bk_HedgedItemsGainLossRecognizedInIncomeNet_65D68AE66691EBAAAED4CA05B72E4238" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Hedged Items, Gain (Loss) Recognized in Income, Net </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_HedgedItemsGainLossRecognizedInIncomeNet" xlink:label="loc_bk_HedgedItemsGainLossRecognizedInIncomeNet_65D68AE66691EBAAAED4CA05B72E4238" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet_9D60705494585707C77CCA05B72ED2FB_verboseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet_9D60705494585707C77CCA05B72ED2FB" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Gain or (loss) recognized in accumulated OCI on derivatives (effective portion) </link:label>
<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet_9D60705494585707C77CCA05B72ED2FB_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet_9D60705494585707C77CCA05B72ED2FB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet" xlink:label="loc_us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet_9D60705494585707C77CCA05B72ED2FB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet_5DBDF149BF81424812DDCA05B72EBF0E_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet_5DBDF149BF81424812DDCA05B72EBF0E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gain or (loss) reclassified from accumulated OCI into income (effective portion) </link:label>
<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet_5DBDF149BF81424812DDCA05B72EBF0E_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet_5DBDF149BF81424812DDCA05B72EBF0E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet" xlink:label="loc_us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet_5DBDF149BF81424812DDCA05B72EBF0E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet_2AE9802840A5CF9AB241CA05B72E3629_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet_2AE9802840A5CF9AB241CA05B72E3629" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gain or (loss) recognized in income on derivatives (ineffectiveness portion and amount excluded from effectiveness testing) </link:label>
<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet_2AE9802840A5CF9AB241CA05B72E3629_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet_2AE9802840A5CF9AB241CA05B72E3629" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet" xlink:label="loc_us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet_2AE9802840A5CF9AB241CA05B72E3629" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet_2AE9802840A5CF9AB241CA05B72E3629" xlink:to="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet_2AE9802840A5CF9AB241CA05B72E3629" xlink:type="arc"/>
<link:label id="lab_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_1E79B5410D3BCA0732FECA05B7490101_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_1E79B5410D3BCA0732FECA05B7490101" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Fair Value, Off-balance Sheet Risks [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_1E79B5410D3BCA0732FECA05B7490101_label_en-US" xlink:label="lab_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_1E79B5410D3BCA0732FECA05B7490101" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Fair Value, Off-balance Sheet Risks [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="loc_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_1E79B5410D3BCA0732FECA05B7490101" xlink:type="locator"/>
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<link:label id="lab_bk_SecuritiesIndustryMember_7A1180F1378BF8AC4EE0CA05B74A3117_terseLabel_en-US" xlink:label="lab_bk_SecuritiesIndustryMember_7A1180F1378BF8AC4EE0CA05B74A3117" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities Industry </link:label>
<link:label id="lab_bk_SecuritiesIndustryMember_7A1180F1378BF8AC4EE0CA05B74A3117_label_en-US" xlink:label="lab_bk_SecuritiesIndustryMember_7A1180F1378BF8AC4EE0CA05B74A3117" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Industry [Member] </link:label>
<link:label id="lab_bk_SecuritiesIndustryMember_7A1180F1378BF8AC4EE0CA05B74A3117_documentation_en-US" xlink:label="lab_bk_SecuritiesIndustryMember_7A1180F1378BF8AC4EE0CA05B74A3117" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securities Industry [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_SecuritiesIndustryMember" xlink:label="loc_bk_SecuritiesIndustryMember_7A1180F1378BF8AC4EE0CA05B74A3117" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SecuritiesIndustryMember_7A1180F1378BF8AC4EE0CA05B74A3117" xlink:to="lab_bk_SecuritiesIndustryMember_7A1180F1378BF8AC4EE0CA05B74A3117" xlink:type="arc"/>
<link:label id="lab_bk_AssetManagementIndustryMember_91DB2F87CB61D6245455CA05B74A9D34_terseLabel_en-US" xlink:label="lab_bk_AssetManagementIndustryMember_91DB2F87CB61D6245455CA05B74A9D34" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Asset managers </link:label>
<link:label id="lab_bk_AssetManagementIndustryMember_91DB2F87CB61D6245455CA05B74A9D34_label_en-US" xlink:label="lab_bk_AssetManagementIndustryMember_91DB2F87CB61D6245455CA05B74A9D34" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Asset Management Industry [Member] </link:label>
<link:label id="lab_bk_AssetManagementIndustryMember_91DB2F87CB61D6245455CA05B74A9D34_documentation_en-US" xlink:label="lab_bk_AssetManagementIndustryMember_91DB2F87CB61D6245455CA05B74A9D34" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Asset Management Industry [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_AssetManagementIndustryMember" xlink:label="loc_bk_AssetManagementIndustryMember_91DB2F87CB61D6245455CA05B74A9D34" xlink:type="locator"/>
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<link:label id="lab_bk_BanksIndustryMember_1788E0BEC6F4B75C839FCA05B74A4A85_terseLabel_en-US" xlink:label="lab_bk_BanksIndustryMember_1788E0BEC6F4B75C839FCA05B74A4A85" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Banks </link:label>
<link:label id="lab_bk_BanksIndustryMember_1788E0BEC6F4B75C839FCA05B74A4A85_label_en-US" xlink:label="lab_bk_BanksIndustryMember_1788E0BEC6F4B75C839FCA05B74A4A85" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Banks Industry [Member] </link:label>
<link:label id="lab_bk_BanksIndustryMember_1788E0BEC6F4B75C839FCA05B74A4A85_documentation_en-US" xlink:label="lab_bk_BanksIndustryMember_1788E0BEC6F4B75C839FCA05B74A4A85" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Banks Industry </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_BanksIndustryMember" xlink:label="loc_bk_BanksIndustryMember_1788E0BEC6F4B75C839FCA05B74A4A85" xlink:type="locator"/>
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<link:label id="lab_bk_InsuranceIndustryMember_5693517FE52A73289C70CA05B74A16C8_terseLabel_en-US" xlink:label="lab_bk_InsuranceIndustryMember_5693517FE52A73289C70CA05B74A16C8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Insurance </link:label>
<link:label id="lab_bk_InsuranceIndustryMember_5693517FE52A73289C70CA05B74A16C8_label_en-US" xlink:label="lab_bk_InsuranceIndustryMember_5693517FE52A73289C70CA05B74A16C8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Insurance Industry [Member] </link:label>
<link:label id="lab_bk_InsuranceIndustryMember_5693517FE52A73289C70CA05B74A16C8_documentation_en-US" xlink:label="lab_bk_InsuranceIndustryMember_5693517FE52A73289C70CA05B74A16C8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Insurance Industry [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_InsuranceIndustryMember" xlink:label="loc_bk_InsuranceIndustryMember_5693517FE52A73289C70CA05B74A16C8" xlink:type="locator"/>
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<link:label id="lab_bk_OtherIndustryMember_D0D715036EC015CC5F9CCA05B74A5730_terseLabel_en-US" xlink:label="lab_bk_OtherIndustryMember_D0D715036EC015CC5F9CCA05B74A5730" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other </link:label>
<link:label id="lab_bk_OtherIndustryMember_D0D715036EC015CC5F9CCA05B74A5730_label_en-US" xlink:label="lab_bk_OtherIndustryMember_D0D715036EC015CC5F9CCA05B74A5730" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Industry [Member] </link:label>
<link:label id="lab_bk_OtherIndustryMember_D0D715036EC015CC5F9CCA05B74A5730_documentation_en-US" xlink:label="lab_bk_OtherIndustryMember_D0D715036EC015CC5F9CCA05B74A5730" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Industry [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_OtherIndustryMember" xlink:label="loc_bk_OtherIndustryMember_D0D715036EC015CC5F9CCA05B74A5730" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OtherIndustryMember_D0D715036EC015CC5F9CCA05B74A5730" xlink:to="lab_bk_OtherIndustryMember_D0D715036EC015CC5F9CCA05B74A5730" xlink:type="arc"/>
<link:label id="lab_bk_ManufacturingMember_B1C855FA56562173913DCA05B74AA624_terseLabel_en-US" xlink:label="lab_bk_ManufacturingMember_B1C855FA56562173913DCA05B74AA624" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Manufacturing </link:label>
<link:label id="lab_bk_ManufacturingMember_B1C855FA56562173913DCA05B74AA624_label_en-US" xlink:label="lab_bk_ManufacturingMember_B1C855FA56562173913DCA05B74AA624" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Manufacturing [Member] </link:label>
<link:label id="lab_bk_ManufacturingMember_B1C855FA56562173913DCA05B74AA624_documentation_en-US" xlink:label="lab_bk_ManufacturingMember_B1C855FA56562173913DCA05B74AA624" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Manufacturing [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ManufacturingMember" xlink:label="loc_bk_ManufacturingMember_B1C855FA56562173913DCA05B74AA624" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ManufacturingMember_B1C855FA56562173913DCA05B74AA624" xlink:to="lab_bk_ManufacturingMember_B1C855FA56562173913DCA05B74AA624" xlink:type="arc"/>
<link:label id="lab_bk_ServicesAndOtherIndustryMember_AAFE50431CB3BC8F8D6ACA05B74A09B7_terseLabel_en-US" xlink:label="lab_bk_ServicesAndOtherIndustryMember_AAFE50431CB3BC8F8D6ACA05B74A09B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Services and other </link:label>
<link:label id="lab_bk_ServicesAndOtherIndustryMember_AAFE50431CB3BC8F8D6ACA05B74A09B7_label_en-US" xlink:label="lab_bk_ServicesAndOtherIndustryMember_AAFE50431CB3BC8F8D6ACA05B74A09B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Services And Other Industry [Member] </link:label>
<link:label id="lab_bk_ServicesAndOtherIndustryMember_AAFE50431CB3BC8F8D6ACA05B74A09B7_documentation_en-US" xlink:label="lab_bk_ServicesAndOtherIndustryMember_AAFE50431CB3BC8F8D6ACA05B74A09B7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Services and Other Industry [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ServicesAndOtherIndustryMember" xlink:label="loc_bk_ServicesAndOtherIndustryMember_AAFE50431CB3BC8F8D6ACA05B74A09B7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ServicesAndOtherIndustryMember_AAFE50431CB3BC8F8D6ACA05B74A09B7" xlink:to="lab_bk_ServicesAndOtherIndustryMember_AAFE50431CB3BC8F8D6ACA05B74A09B7" xlink:type="arc"/>
<link:label id="lab_bk_UtilitiesAndEnergyMember_7DE094E0A84B21334DEDCA05B74A6AD5_terseLabel_en-US" xlink:label="lab_bk_UtilitiesAndEnergyMember_7DE094E0A84B21334DEDCA05B74A6AD5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Energy and utilities </link:label>
<link:label id="lab_bk_UtilitiesAndEnergyMember_7DE094E0A84B21334DEDCA05B74A6AD5_label_en-US" xlink:label="lab_bk_UtilitiesAndEnergyMember_7DE094E0A84B21334DEDCA05B74A6AD5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Utilities And Energy [Member] </link:label>
<link:label id="lab_bk_UtilitiesAndEnergyMember_7DE094E0A84B21334DEDCA05B74A6AD5_documentation_en-US" xlink:label="lab_bk_UtilitiesAndEnergyMember_7DE094E0A84B21334DEDCA05B74A6AD5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Utilities and Energy </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_UtilitiesAndEnergyMember" xlink:label="loc_bk_UtilitiesAndEnergyMember_7DE094E0A84B21334DEDCA05B74A6AD5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_UtilitiesAndEnergyMember_7DE094E0A84B21334DEDCA05B74A6AD5" xlink:to="lab_bk_UtilitiesAndEnergyMember_7DE094E0A84B21334DEDCA05B74A6AD5" xlink:type="arc"/>
<link:label id="lab_bk_MediaAndTelecomIndustryMember_EA93CA2B9EB15ECC1584CA05B74AC356_terseLabel_en-US" xlink:label="lab_bk_MediaAndTelecomIndustryMember_EA93CA2B9EB15ECC1584CA05B74AC356" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Media and telecom </link:label>
<link:label id="lab_bk_MediaAndTelecomIndustryMember_EA93CA2B9EB15ECC1584CA05B74AC356_label_en-US" xlink:label="lab_bk_MediaAndTelecomIndustryMember_EA93CA2B9EB15ECC1584CA05B74AC356" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Media And Telecom Industry [Member] </link:label>
<link:label id="lab_bk_MediaAndTelecomIndustryMember_EA93CA2B9EB15ECC1584CA05B74AC356_documentation_en-US" xlink:label="lab_bk_MediaAndTelecomIndustryMember_EA93CA2B9EB15ECC1584CA05B74AC356" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Media and Telecom Industry [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_MediaAndTelecomIndustryMember" xlink:label="loc_bk_MediaAndTelecomIndustryMember_EA93CA2B9EB15ECC1584CA05B74AC356" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_MediaAndTelecomIndustryMember_EA93CA2B9EB15ECC1584CA05B74AC356" xlink:to="lab_bk_MediaAndTelecomIndustryMember_EA93CA2B9EB15ECC1584CA05B74AC356" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_C1646476644169CE3F50CA05B74A4B5B_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_C1646476644169CE3F50CA05B74A4B5B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items] </link:label>
<link:label id="lab_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_C1646476644169CE3F50CA05B74A4B5B_label_en-US" xlink:label="lab_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_C1646476644169CE3F50CA05B74A4B5B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="loc_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_C1646476644169CE3F50CA05B74A4B5B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_C1646476644169CE3F50CA05B74A4B5B" xlink:to="lab_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_C1646476644169CE3F50CA05B74A4B5B" xlink:type="arc"/>
<link:label id="lab_bk_UnfundedCommitments_5294CFA975D7FEE99B63CA05B74A8F41_terseLabel_en-US" xlink:label="lab_bk_UnfundedCommitments_5294CFA975D7FEE99B63CA05B74A8F41" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Unfunded commitments </link:label>
<link:label id="lab_bk_UnfundedCommitments_5294CFA975D7FEE99B63CA05B74A8F41_label_en-US" xlink:label="lab_bk_UnfundedCommitments_5294CFA975D7FEE99B63CA05B74A8F41" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Unfunded Commitments </link:label>
<link:label id="lab_bk_UnfundedCommitments_5294CFA975D7FEE99B63CA05B74A8F41_documentation_en-US" xlink:label="lab_bk_UnfundedCommitments_5294CFA975D7FEE99B63CA05B74A8F41" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Credit commitments to extend credit to a counterparty under certain terms and conditions. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_UnfundedCommitments" xlink:label="loc_bk_UnfundedCommitments_5294CFA975D7FEE99B63CA05B74A8F41" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_UnfundedCommitments_5294CFA975D7FEE99B63CA05B74A8F41" xlink:to="lab_bk_UnfundedCommitments_5294CFA975D7FEE99B63CA05B74A8F41" xlink:type="arc"/>
<link:label id="lab_bk_LoansAndUnfundedCommitments_5F7918F36410C0E1552ACA05B74AFFC1_terseLabel_en-US" xlink:label="lab_bk_LoansAndUnfundedCommitments_5F7918F36410C0E1552ACA05B74AFFC1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total exposure </link:label>
<link:label id="lab_bk_LoansAndUnfundedCommitments_5F7918F36410C0E1552ACA05B74AFFC1_label_en-US" xlink:label="lab_bk_LoansAndUnfundedCommitments_5F7918F36410C0E1552ACA05B74AFFC1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans And Unfunded Commitments </link:label>
<link:label id="lab_bk_LoansAndUnfundedCommitments_5F7918F36410C0E1552ACA05B74AFFC1_documentation_en-US" xlink:label="lab_bk_LoansAndUnfundedCommitments_5F7918F36410C0E1552ACA05B74AFFC1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The sum of loans outstanding and unfunded credit commitments </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_LoansAndUnfundedCommitments" xlink:label="loc_bk_LoansAndUnfundedCommitments_5F7918F36410C0E1552ACA05B74AFFC1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_LoansAndUnfundedCommitments_5F7918F36410C0E1552ACA05B74AFFC1" xlink:to="lab_bk_LoansAndUnfundedCommitments_5F7918F36410C0E1552ACA05B74AFFC1" xlink:type="arc"/>
<link:label id="lab_us-gaap_EmployeeStockOptionMember_A97C6F0C1F5FC6D70700D2C392C15DED_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeStockOptionMember_A97C6F0C1F5FC6D70700D2C392C15DED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stock Options </link:label>
<link:label id="lab_us-gaap_EmployeeStockOptionMember_A97C6F0C1F5FC6D70700D2C392C15DED_label_en-US" xlink:label="lab_us-gaap_EmployeeStockOptionMember_A97C6F0C1F5FC6D70700D2C392C15DED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Employee Stock Option [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EmployeeStockOptionMember" xlink:label="loc_us-gaap_EmployeeStockOptionMember_A97C6F0C1F5FC6D70700D2C392C15DED" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeStockOptionMember_A97C6F0C1F5FC6D70700D2C392C15DED" xlink:to="lab_us-gaap_EmployeeStockOptionMember_A97C6F0C1F5FC6D70700D2C392C15DED" xlink:type="arc"/>
<link:label id="lab_us-gaap_PerformanceSharesMember_B5AFCF95E21235C53EBED2C392C10980_terseLabel_en-US" xlink:label="lab_us-gaap_PerformanceSharesMember_B5AFCF95E21235C53EBED2C392C10980" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Performance Units </link:label>
<link:label id="lab_us-gaap_PerformanceSharesMember_B5AFCF95E21235C53EBED2C392C10980_label_en-US" xlink:label="lab_us-gaap_PerformanceSharesMember_B5AFCF95E21235C53EBED2C392C10980" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Performance Shares [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PerformanceSharesMember" xlink:label="loc_us-gaap_PerformanceSharesMember_B5AFCF95E21235C53EBED2C392C10980" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PerformanceSharesMember_B5AFCF95E21235C53EBED2C392C10980" xlink:to="lab_us-gaap_PerformanceSharesMember_B5AFCF95E21235C53EBED2C392C10980" xlink:type="arc"/>
<link:label id="lab_bk_SubsidiaryLongTermIncentivePlansMember_5186B6C640A139EB1CD2D2C392C1948F_terseLabel_en-US" xlink:label="lab_bk_SubsidiaryLongTermIncentivePlansMember_5186B6C640A139EB1CD2D2C392C1948F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Subsidiary Long-Term Incentive Plans </link:label>
<link:label id="lab_bk_SubsidiaryLongTermIncentivePlansMember_5186B6C640A139EB1CD2D2C392C1948F_label_en-US" xlink:label="lab_bk_SubsidiaryLongTermIncentivePlansMember_5186B6C640A139EB1CD2D2C392C1948F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Subsidiary Long Term Incentive Plans [Member] </link:label>
<link:label id="lab_bk_SubsidiaryLongTermIncentivePlansMember_5186B6C640A139EB1CD2D2C392C1948F_documentation_en-US" xlink:label="lab_bk_SubsidiaryLongTermIncentivePlansMember_5186B6C640A139EB1CD2D2C392C1948F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Subsidiary Long-Term Incentive Plans [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_SubsidiaryLongTermIncentivePlansMember" xlink:label="loc_bk_SubsidiaryLongTermIncentivePlansMember_5186B6C640A139EB1CD2D2C392C1948F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SubsidiaryLongTermIncentivePlansMember_5186B6C640A139EB1CD2D2C392C1948F" xlink:to="lab_bk_SubsidiaryLongTermIncentivePlansMember_5186B6C640A139EB1CD2D2C392C1948F" xlink:type="arc"/>
<link:label id="lab_us-gaap_TitleOfIndividualAxis_B668637217EB06EEF859D2C392C1236A_terseLabel_en-US" xlink:label="lab_us-gaap_TitleOfIndividualAxis_B668637217EB06EEF859D2C392C1236A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Title of Individual [Axis] </link:label>
<link:label id="lab_us-gaap_TitleOfIndividualAxis_B668637217EB06EEF859D2C392C1236A_label_en-US" xlink:label="lab_us-gaap_TitleOfIndividualAxis_B668637217EB06EEF859D2C392C1236A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Title of Individual [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TitleOfIndividualAxis" xlink:label="loc_us-gaap_TitleOfIndividualAxis_B668637217EB06EEF859D2C392C1236A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TitleOfIndividualAxis_B668637217EB06EEF859D2C392C1236A" xlink:to="lab_us-gaap_TitleOfIndividualAxis_B668637217EB06EEF859D2C392C1236A" xlink:type="arc"/>
<link:label id="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_22E2F3EAA03251BBC977D2C392C1ACDB_terseLabel_en-US" xlink:label="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_22E2F3EAA03251BBC977D2C392C1ACDB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Relationship to Entity [Domain] </link:label>
<link:label id="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_22E2F3EAA03251BBC977D2C392C1ACDB_label_en-US" xlink:label="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_22E2F3EAA03251BBC977D2C392C1ACDB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Relationship to Entity [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="loc_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_22E2F3EAA03251BBC977D2C392C1ACDB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_22E2F3EAA03251BBC977D2C392C1ACDB" xlink:to="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_22E2F3EAA03251BBC977D2C392C1ACDB" xlink:type="arc"/>
<link:label id="lab_bk_ExecutiveCommitteeMember_492FDE697F8AF3369C2ED2C392C13524_terseLabel_en-US" xlink:label="lab_bk_ExecutiveCommitteeMember_492FDE697F8AF3369C2ED2C392C13524" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Executive Committee </link:label>
<link:label id="lab_bk_ExecutiveCommitteeMember_492FDE697F8AF3369C2ED2C392C13524_label_en-US" xlink:label="lab_bk_ExecutiveCommitteeMember_492FDE697F8AF3369C2ED2C392C13524" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Executive Committee [Member] </link:label>
<link:label id="lab_bk_ExecutiveCommitteeMember_492FDE697F8AF3369C2ED2C392C13524_documentation_en-US" xlink:label="lab_bk_ExecutiveCommitteeMember_492FDE697F8AF3369C2ED2C392C13524" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Executive Committee [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ExecutiveCommitteeMember" xlink:label="loc_bk_ExecutiveCommitteeMember_492FDE697F8AF3369C2ED2C392C13524" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ExecutiveCommitteeMember_492FDE697F8AF3369C2ED2C392C13524" xlink:to="lab_bk_ExecutiveCommitteeMember_492FDE697F8AF3369C2ED2C392C13524" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_E84F4E1C154FA92D7A12D2C392C13751_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_E84F4E1C154FA92D7A12D2C392C13751" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stock based compensation, authorized shares (shares) </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_E84F4E1C154FA92D7A12D2C392C13751_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_E84F4E1C154FA92D7A12D2C392C13751" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized </link:label>
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<link:label id="lab_us-gaap_AllocatedShareBasedCompensationExpense_A24B2B27AD7FB7C97F92D2C392C1D822_terseLabel_en-US" xlink:label="lab_us-gaap_AllocatedShareBasedCompensationExpense_A24B2B27AD7FB7C97F92D2C392C1D822" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stock based compensation cost </link:label>
<link:label id="lab_us-gaap_AllocatedShareBasedCompensationExpense_A24B2B27AD7FB7C97F92D2C392C1D822_label_en-US" xlink:label="lab_us-gaap_AllocatedShareBasedCompensationExpense_A24B2B27AD7FB7C97F92D2C392C1D822" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Allocated Share-based Compensation Expense </link:label>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_7459F517A68CCC81129ED2C392C2B6EC_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_7459F517A68CCC81129ED2C392C2B6EC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_7459F517A68CCC81129ED2C392C2B6EC" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions_253DFA0C28D056AFC6B9D2CFF954FC25_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions_253DFA0C28D056AFC6B9D2CFF954FC25" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Excess tax benefit realized for tax deductions from options exercised </link:label>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod1_776888F00406CD3A160BD2C392C2C1F3_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod1_776888F00406CD3A160BD2C392C2C1F3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stock based compensation, required service period </link:label>
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<link:label id="lab_us-gaap_ScheduleOfDebtInstrumentsTextBlock_A1959B8A248D8B3FAAF1CA05BA294252_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDebtInstrumentsTextBlock_A1959B8A248D8B3FAAF1CA05BA294252" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Long-Term Debt </link:label>
<link:label id="lab_us-gaap_ScheduleOfDebtInstrumentsTextBlock_A1959B8A248D8B3FAAF1CA05BA294252_label_en-US" xlink:label="lab_us-gaap_ScheduleOfDebtInstrumentsTextBlock_A1959B8A248D8B3FAAF1CA05BA294252" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Long-term Debt Instruments [Table Text Block] </link:label>
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<link:label id="lab_us-gaap_EquityMethodInvestmentsTextBlock_CA60725B060A449CB713CA05BB1AA350_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentsTextBlock_CA60725B060A449CB713CA05BB1AA350" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Equity Method Investments </link:label>
<link:label id="lab_us-gaap_EquityMethodInvestmentsTextBlock_CA60725B060A449CB713CA05BB1AA350_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentsTextBlock_CA60725B060A449CB713CA05BB1AA350" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity Method Investments [Table Text Block] </link:label>
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<link:label id="lab_us-gaap_CashAndCashEquivalentsMember_69DC25CB7459F44BD57CD9193CD3F05B_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsMember_69DC25CB7459F44BD57CD9193CD3F05B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash and Cash Equivalents </link:label>
<link:label id="lab_us-gaap_CashAndCashEquivalentsMember_69DC25CB7459F44BD57CD9193CD3F05B_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsMember_69DC25CB7459F44BD57CD9193CD3F05B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash and Cash Equivalents [Member] </link:label>
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<link:label id="lab_us-gaap_RetirementPlanNameAxis_D09279E0F8D13356555ED9193CD40059_terseLabel_en-US" xlink:label="lab_us-gaap_RetirementPlanNameAxis_D09279E0F8D13356555ED9193CD40059" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Retirement Plan Name [Axis] </link:label>
<link:label id="lab_us-gaap_RetirementPlanNameAxis_D09279E0F8D13356555ED9193CD40059_label_en-US" xlink:label="lab_us-gaap_RetirementPlanNameAxis_D09279E0F8D13356555ED9193CD40059" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Retirement Plan Name [Axis] </link:label>
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<link:label id="lab_us-gaap_RetirementPlanNameDomain_2293B78912B9E485BFFCD9193CD46D01_terseLabel_en-US" xlink:label="lab_us-gaap_RetirementPlanNameDomain_2293B78912B9E485BFFCD9193CD46D01" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Retirement Plan Name [Domain] </link:label>
<link:label id="lab_us-gaap_RetirementPlanNameDomain_2293B78912B9E485BFFCD9193CD46D01_label_en-US" xlink:label="lab_us-gaap_RetirementPlanNameDomain_2293B78912B9E485BFFCD9193CD46D01" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Retirement Plan Name [Domain] </link:label>
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<link:label id="lab_bk_TheBankofNewYorkMellonCorporation401kSavingsPlanMember_A6C2FFD8478925A8ED59D9193CD4296F_terseLabel_en-US" xlink:label="lab_bk_TheBankofNewYorkMellonCorporation401kSavingsPlanMember_A6C2FFD8478925A8ED59D9193CD4296F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> The Bank of New York Mellon Corporation 401(k) Savings Plan </link:label>
<link:label id="lab_bk_TheBankofNewYorkMellonCorporation401kSavingsPlanMember_A6C2FFD8478925A8ED59D9193CD4296F_label_en-US" xlink:label="lab_bk_TheBankofNewYorkMellonCorporation401kSavingsPlanMember_A6C2FFD8478925A8ED59D9193CD4296F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> The Bank of New York Mellon Corporation 401(k) Savings Plan [Member] </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation_435C863AFE4A0068C4C3D9193CD4218B_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation_435C863AFE4A0068C4C3D9193CD4218B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accumulated benefit obligation for all defined benefit plans </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanHealthCareCostTrendRateAssumedNextFiscalYear_7FD9C331B91F00E7DFABD9193CD48C28_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanHealthCareCostTrendRateAssumedNextFiscalYear_7FD9C331B91F00E7DFABD9193CD48C28" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Assumed healthcare cost trend rate used in determining benefit expense for next fiscal year (percent) </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanUltimateHealthCareCostTrendRate1_0A4A45717E448C2622CFD9193CD54EC7_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanUltimateHealthCareCostTrendRate1_0A4A45717E448C2622CFD9193CD54EC7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Assumed healthcare cost trend rate used in determining benefit expense for ultimate year (percent) </link:label>
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<link:label id="lab_bk_DefinedContributionPlanEmployerMatchingContributionPercentofMatchRemainingTwoPercent_A278F2886B23BDDD4AFCD9193CD67226_documentation_en-US" xlink:label="lab_bk_DefinedContributionPlanEmployerMatchingContributionPercentofMatchRemainingTwoPercent_A278F2886B23BDDD4AFCD9193CD67226" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Defined Contribution Plan, Employer Matching Contribution, Percent of Match, Remaining Two Percent </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_DefinedContributionPlanEmployerMatchingContributionPercentofMatchRemainingTwoPercent" xlink:label="loc_bk_DefinedContributionPlanEmployerMatchingContributionPercentofMatchRemainingTwoPercent_A278F2886B23BDDD4AFCD9193CD67226" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent_AFF525095ABA8E366502D9193CD6BE1F_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent_AFF525095ABA8E366502D9193CD6BE1F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 401(k) Employer matching contribution (percent) </link:label>
<link:label id="lab_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent_AFF525095ABA8E366502D9193CD6BE1F_label_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent_AFF525095ABA8E366502D9193CD6BE1F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Contribution Plan, Maximum Annual Contributions Per Employee, Percent </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent" xlink:label="loc_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent_AFF525095ABA8E366502D9193CD6BE1F" xlink:type="locator"/>
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<link:label id="lab_bk_DefinedContributionPlanEmployerMatchingContributionNonElectiveContributionBasedonEarnings_1F9CBEF9A3D9BA2617E8D9193CD626D5_terseLabel_en-US" xlink:label="lab_bk_DefinedContributionPlanEmployerMatchingContributionNonElectiveContributionBasedonEarnings_1F9CBEF9A3D9BA2617E8D9193CD626D5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 401(k), Employer non-elective contribution based on earnings (percent) </link:label>
<link:label id="lab_bk_DefinedContributionPlanEmployerMatchingContributionNonElectiveContributionBasedonEarnings_1F9CBEF9A3D9BA2617E8D9193CD626D5_label_en-US" xlink:label="lab_bk_DefinedContributionPlanEmployerMatchingContributionNonElectiveContributionBasedonEarnings_1F9CBEF9A3D9BA2617E8D9193CD626D5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Contribution Plan, Employer Matching Contribution, Non-Elective Contribution Based on Earnings </link:label>
<link:label id="lab_bk_DefinedContributionPlanEmployerMatchingContributionNonElectiveContributionBasedonEarnings_1F9CBEF9A3D9BA2617E8D9193CD626D5_documentation_en-US" xlink:label="lab_bk_DefinedContributionPlanEmployerMatchingContributionNonElectiveContributionBasedonEarnings_1F9CBEF9A3D9BA2617E8D9193CD626D5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Defined Contribution Plan, Employer Matching Contribution, Non-Elective Contribution Based on Earnings </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_DefinedContributionPlanEmployerMatchingContributionNonElectiveContributionBasedonEarnings" xlink:label="loc_bk_DefinedContributionPlanEmployerMatchingContributionNonElectiveContributionBasedonEarnings_1F9CBEF9A3D9BA2617E8D9193CD626D5" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_51BEEFE566F3E4765070D9193CD6F72B_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_51BEEFE566F3E4765070D9193CD6F72B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 401(k), shares of common stock owned </link:label>
<link:label id="lab_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_51BEEFE566F3E4765070D9193CD6F72B_label_en-US" xlink:label="lab_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_51BEEFE566F3E4765070D9193CD6F72B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Stock, Capital Shares Reserved for Future Issuance </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonStockCapitalSharesReservedForFutureIssuance" xlink:label="loc_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_51BEEFE566F3E4765070D9193CD6F72B" xlink:type="locator"/>
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<link:label id="lab_bk_DefinedContributionPlanFairValueofPlanAssets_5E7506586CA221688E39D9193CD694A6_terseLabel_en-US" xlink:label="lab_bk_DefinedContributionPlanFairValueofPlanAssets_5E7506586CA221688E39D9193CD694A6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 401(k), fair value of total assets </link:label>
<link:label id="lab_bk_DefinedContributionPlanFairValueofPlanAssets_5E7506586CA221688E39D9193CD694A6_label_en-US" xlink:label="lab_bk_DefinedContributionPlanFairValueofPlanAssets_5E7506586CA221688E39D9193CD694A6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Contribution Plan, Fair Value of Plan Assets </link:label>
<link:label id="lab_bk_DefinedContributionPlanFairValueofPlanAssets_5E7506586CA221688E39D9193CD694A6_documentation_en-US" xlink:label="lab_bk_DefinedContributionPlanFairValueofPlanAssets_5E7506586CA221688E39D9193CD694A6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Defined Contribution Plan, Fair Value of Plan Assets </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_DefinedContributionPlanFairValueofPlanAssets" xlink:label="loc_bk_DefinedContributionPlanFairValueofPlanAssets_5E7506586CA221688E39D9193CD694A6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_DefinedContributionPlanFairValueofPlanAssets_5E7506586CA221688E39D9193CD694A6" xlink:to="lab_bk_DefinedContributionPlanFairValueofPlanAssets_5E7506586CA221688E39D9193CD694A6" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedContributionPlanCostRecognized_EA837E9B4B00238524F8D9193CD6E25C_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanCostRecognized_EA837E9B4B00238524F8D9193CD6E25C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Recognized cost of defined contribution plans, excluding the ESOP </link:label>
<link:label id="lab_us-gaap_DefinedContributionPlanCostRecognized_EA837E9B4B00238524F8D9193CD6E25C_label_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanCostRecognized_EA837E9B4B00238524F8D9193CD6E25C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Contribution Plan, Cost </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedContributionPlanCostRecognized" xlink:label="loc_us-gaap_DefinedContributionPlanCostRecognized_EA837E9B4B00238524F8D9193CD6E25C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares_9F9A4E9B27E359BE2684D9193CD7CB19_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares_9F9A4E9B27E359BE2684D9193CD7CB19" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Shares of stock owned by Employee Stock Ownership Plan </link:label>
<link:label id="lab_us-gaap_EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares_9F9A4E9B27E359BE2684D9193CD7CB19_label_en-US" xlink:label="lab_us-gaap_EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares_9F9A4E9B27E359BE2684D9193CD7CB19" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Employee Stock Ownership Plan (ESOP), Number of Allocated Shares </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares" xlink:label="loc_us-gaap_EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares_9F9A4E9B27E359BE2684D9193CD7CB19" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares_9F9A4E9B27E359BE2684D9193CD7CB19" xlink:to="lab_us-gaap_EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares_9F9A4E9B27E359BE2684D9193CD7CB19" xlink:type="arc"/>
<link:label id="lab_us-gaap_EmployeeStockOwnershipPlanESOPDeferredSharesFairValue_F4AB4036AEA7FE95E49BD9193CD7CEEE_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeStockOwnershipPlanESOPDeferredSharesFairValue_F4AB4036AEA7FE95E49BD9193CD7CEEE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair value of shares total ESOP assets </link:label>
<link:label id="lab_us-gaap_EmployeeStockOwnershipPlanESOPDeferredSharesFairValue_F4AB4036AEA7FE95E49BD9193CD7CEEE_label_en-US" xlink:label="lab_us-gaap_EmployeeStockOwnershipPlanESOPDeferredSharesFairValue_F4AB4036AEA7FE95E49BD9193CD7CEEE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Employee Stock Ownership Plan (ESOP), Deferred Shares, Fair Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EmployeeStockOwnershipPlanESOPDeferredSharesFairValue" xlink:label="loc_us-gaap_EmployeeStockOwnershipPlanESOPDeferredSharesFairValue_F4AB4036AEA7FE95E49BD9193CD7CEEE" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CashFDICInsuredAmount_E7226F1701B76C12B54BCA05BA59AFD2_terseLabel_en-US" xlink:label="lab_us-gaap_CashFDICInsuredAmount_E7226F1701B76C12B54BCA05BA59AFD2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash, FDIC Insured Amount </link:label>
<link:label id="lab_us-gaap_CashFDICInsuredAmount_E7226F1701B76C12B54BCA05BA59AFD2_label_en-US" xlink:label="lab_us-gaap_CashFDICInsuredAmount_E7226F1701B76C12B54BCA05BA59AFD2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash, FDIC Insured Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashFDICInsuredAmount" xlink:label="loc_us-gaap_CashFDICInsuredAmount_E7226F1701B76C12B54BCA05BA59AFD2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashFDICInsuredAmount_E7226F1701B76C12B54BCA05BA59AFD2" xlink:to="lab_us-gaap_CashFDICInsuredAmount_E7226F1701B76C12B54BCA05BA59AFD2" xlink:type="arc"/>
<link:label id="lab_us-gaap_TimeDeposits100000OrMore_1CDB7A68B6A0910E66CBCA05BA59A63B_terseLabel_en-US" xlink:label="lab_us-gaap_TimeDeposits100000OrMore_1CDB7A68B6A0910E66CBCA05BA59A63B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Aggregate amount of time deposits in denominations of $100,000 </link:label>
<link:label id="lab_us-gaap_TimeDeposits100000OrMore_1CDB7A68B6A0910E66CBCA05BA59A63B_label_en-US" xlink:label="lab_us-gaap_TimeDeposits100000OrMore_1CDB7A68B6A0910E66CBCA05BA59A63B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Time Deposits, $100,000 or More </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TimeDeposits100000OrMore" xlink:label="loc_us-gaap_TimeDeposits100000OrMore_1CDB7A68B6A0910E66CBCA05BA59A63B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TimeDepositMaturitiesYearOne_F7BC780A1D5D807B19F9CA05BA59F380_terseLabel_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesYearOne_F7BC780A1D5D807B19F9CA05BA59F380" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Time deposits mature in 2018 </link:label>
<link:label id="lab_us-gaap_TimeDepositMaturitiesYearOne_F7BC780A1D5D807B19F9CA05BA59F380_label_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesYearOne_F7BC780A1D5D807B19F9CA05BA59F380" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Time Deposit Maturities, Next Twelve Months </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TimeDepositMaturitiesYearOne" xlink:label="loc_us-gaap_TimeDepositMaturitiesYearOne_F7BC780A1D5D807B19F9CA05BA59F380" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TimeDepositMaturitiesYearTwo_18A7A27B80857F58EF17CA05BA59FFA5_terseLabel_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesYearTwo_18A7A27B80857F58EF17CA05BA59FFA5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Time deposits mature in 2019 </link:label>
<link:label id="lab_us-gaap_TimeDepositMaturitiesYearTwo_18A7A27B80857F58EF17CA05BA59FFA5_label_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesYearTwo_18A7A27B80857F58EF17CA05BA59FFA5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Time Deposit Maturities, Year Two </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TimeDepositMaturitiesYearTwo" xlink:label="loc_us-gaap_TimeDepositMaturitiesYearTwo_18A7A27B80857F58EF17CA05BA59FFA5" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TimeDepositMaturitiesYearThree_5AE1D816DC16066C993DCA05BA599FD6_terseLabel_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesYearThree_5AE1D816DC16066C993DCA05BA599FD6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Time deposits mature in 2020 </link:label>
<link:label id="lab_us-gaap_TimeDepositMaturitiesYearThree_5AE1D816DC16066C993DCA05BA599FD6_label_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesYearThree_5AE1D816DC16066C993DCA05BA599FD6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Time Deposit Maturities, Year Three </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TimeDepositMaturitiesYearThree" xlink:label="loc_us-gaap_TimeDepositMaturitiesYearThree_5AE1D816DC16066C993DCA05BA599FD6" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TimeDepositMaturitiesYearFour_B70EC61D63D07FC71EBBCA05BA596CC2_terseLabel_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesYearFour_B70EC61D63D07FC71EBBCA05BA596CC2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Time deposits mature in 2021 </link:label>
<link:label id="lab_us-gaap_TimeDepositMaturitiesYearFour_B70EC61D63D07FC71EBBCA05BA596CC2_label_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesYearFour_B70EC61D63D07FC71EBBCA05BA596CC2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Time Deposit Maturities, Year Four </link:label>
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<link:label id="lab_bk_HedgedInstrumentsMaturityUpperLimit_B31B20FE5F3847ACBFB1CA05B73F1DE3_terseLabel_en-US" xlink:label="lab_bk_HedgedInstrumentsMaturityUpperLimit_B31B20FE5F3847ACBFB1CA05B73F1DE3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Original maturities, maximum, of hedged instruments </link:label>
<link:label id="lab_bk_HedgedInstrumentsMaturityUpperLimit_B31B20FE5F3847ACBFB1CA05B73F1DE3_label_en-US" xlink:label="lab_bk_HedgedInstrumentsMaturityUpperLimit_B31B20FE5F3847ACBFB1CA05B73F1DE3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Hedged Instruments Maturity Upper Limit </link:label>
<link:label id="lab_bk_HedgedInstrumentsMaturityUpperLimit_B31B20FE5F3847ACBFB1CA05B73F1DE3_documentation_en-US" xlink:label="lab_bk_HedgedInstrumentsMaturityUpperLimit_B31B20FE5F3847ACBFB1CA05B73F1DE3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Hedged Instruments Maturity Upper Limit </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_HedgedInstrumentsMaturityUpperLimit" xlink:label="loc_bk_HedgedInstrumentsMaturityUpperLimit_B31B20FE5F3847ACBFB1CA05B73F1DE3" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeAmountOfHedgedItem_43D6B6B9DBB2A93BF9BACA05B73FCA56_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAmountOfHedgedItem_43D6B6B9DBB2A93BF9BACA05B73FCA56" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Hedged financial instruments </link:label>
<link:label id="lab_us-gaap_DerivativeAmountOfHedgedItem_43D6B6B9DBB2A93BF9BACA05B73FCA56_label_en-US" xlink:label="lab_us-gaap_DerivativeAmountOfHedgedItem_43D6B6B9DBB2A93BF9BACA05B73FCA56" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative, Amount of Hedged Item </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeAmountOfHedgedItem" xlink:label="loc_us-gaap_DerivativeAmountOfHedgedItem_43D6B6B9DBB2A93BF9BACA05B73FCA56" xlink:type="locator"/>
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<link:label id="lab_invest_DerivativeNotionalAmount_438CA07456F97A0E0E64CA05B73F1EDA_terseLabel_en-US" xlink:label="lab_invest_DerivativeNotionalAmount_438CA07456F97A0E0E64CA05B73F1EDA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Hedged financial instruments, notional amount of derivative </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_DerivativeNotionalAmount" xlink:label="loc_invest_DerivativeNotionalAmount_438CA07456F97A0E0E64CA05B73F1EDA" xlink:type="locator"/>
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<link:label id="lab_bk_HedgedInstrumentMaturityLowerLimit_971218098BD4E42976AECA05B73FBC6F_terseLabel_en-US" xlink:label="lab_bk_HedgedInstrumentMaturityLowerLimit_971218098BD4E42976AECA05B73FBC6F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Original maturities, minimum, of hedged instruments </link:label>
<link:label id="lab_bk_HedgedInstrumentMaturityLowerLimit_971218098BD4E42976AECA05B73FBC6F_label_en-US" xlink:label="lab_bk_HedgedInstrumentMaturityLowerLimit_971218098BD4E42976AECA05B73FBC6F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Hedged Instrument Maturity Lower Limit </link:label>
<link:label id="lab_bk_HedgedInstrumentMaturityLowerLimit_971218098BD4E42976AECA05B73FBC6F_documentation_en-US" xlink:label="lab_bk_HedgedInstrumentMaturityLowerLimit_971218098BD4E42976AECA05B73FBC6F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Hedged Instrument Maturity Lower Limit </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_HedgedInstrumentMaturityLowerLimit" xlink:label="loc_bk_HedgedInstrumentMaturityLowerLimit_971218098BD4E42976AECA05B73FBC6F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet_416EE71C4DE8EC683986CA05B740C129_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet_416EE71C4DE8EC683986CA05B740C129" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pretax gain (loss) recorded in accumulated other comprehensive income </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet" xlink:label="loc_us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet_416EE71C4DE8EC683986CA05B740C129" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeRemainingMaturity1_CFE99614BB1DFB779F9FCA05B7407D7A_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeRemainingMaturity1_CFE99614BB1DFB779F9FCA05B7407D7A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Hedging derivatives, maturities, maximum </link:label>
<link:label id="lab_us-gaap_DerivativeRemainingMaturity1_CFE99614BB1DFB779F9FCA05B7407D7A_label_en-US" xlink:label="lab_us-gaap_DerivativeRemainingMaturity1_CFE99614BB1DFB779F9FCA05B7407D7A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative, Remaining Maturity </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeRemainingMaturity1" xlink:label="loc_us-gaap_DerivativeRemainingMaturity1_CFE99614BB1DFB779F9FCA05B7407D7A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NotionalAmountOfNonderivativeInstruments_07224FC4021F8B76C6BBCA05B74011EB_terseLabel_en-US" xlink:label="lab_us-gaap_NotionalAmountOfNonderivativeInstruments_07224FC4021F8B76C6BBCA05B74011EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Non-derivative financial instruments designated as hedges of net investments in foreign subsidiaries were all long-term liabilities of BNY Mellon in various currencies </link:label>
<link:label id="lab_us-gaap_NotionalAmountOfNonderivativeInstruments_07224FC4021F8B76C6BBCA05B74011EB_label_en-US" xlink:label="lab_us-gaap_NotionalAmountOfNonderivativeInstruments_07224FC4021F8B76C6BBCA05B74011EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Notional Amount of Nonderivative Instruments </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NotionalAmountOfNonderivativeInstruments" xlink:label="loc_us-gaap_NotionalAmountOfNonderivativeInstruments_07224FC4021F8B76C6BBCA05B74011EB" xlink:type="locator"/>
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<link:label id="lab_bk_ValueAtRiskAssumedHoldingPeriodForInstruments_7791BD3F3AC3CD39F46FCA05B740752B_terseLabel_en-US" xlink:label="lab_bk_ValueAtRiskAssumedHoldingPeriodForInstruments_7791BD3F3AC3CD39F46FCA05B740752B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Value-at-risk methodology assumed holding period for instruments </link:label>
<link:label id="lab_bk_ValueAtRiskAssumedHoldingPeriodForInstruments_7791BD3F3AC3CD39F46FCA05B740752B_label_en-US" xlink:label="lab_bk_ValueAtRiskAssumedHoldingPeriodForInstruments_7791BD3F3AC3CD39F46FCA05B740752B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Value At Risk Assumed Holding Period For Instruments </link:label>
<link:label id="lab_bk_ValueAtRiskAssumedHoldingPeriodForInstruments_7791BD3F3AC3CD39F46FCA05B740752B_documentation_en-US" xlink:label="lab_bk_ValueAtRiskAssumedHoldingPeriodForInstruments_7791BD3F3AC3CD39F46FCA05B740752B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Value At Risk Assumed Holding Period For Instruments </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ValueAtRiskAssumedHoldingPeriodForInstruments" xlink:label="loc_bk_ValueAtRiskAssumedHoldingPeriodForInstruments_7791BD3F3AC3CD39F46FCA05B740752B" xlink:type="locator"/>
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<link:label id="lab_bk_ValueAtRiskConfidenceLevel_24406758BE61AFE4E5B7CA05B740492D_terseLabel_en-US" xlink:label="lab_bk_ValueAtRiskConfidenceLevel_24406758BE61AFE4E5B7CA05B740492D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Value-at-risk methodology confidence level percentage </link:label>
<link:label id="lab_bk_ValueAtRiskConfidenceLevel_24406758BE61AFE4E5B7CA05B740492D_label_en-US" xlink:label="lab_bk_ValueAtRiskConfidenceLevel_24406758BE61AFE4E5B7CA05B740492D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Value At Risk Confidence Level </link:label>
<link:label id="lab_bk_ValueAtRiskConfidenceLevel_24406758BE61AFE4E5B7CA05B740492D_documentation_en-US" xlink:label="lab_bk_ValueAtRiskConfidenceLevel_24406758BE61AFE4E5B7CA05B740492D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> VAR confidence level </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ValueAtRiskConfidenceLevel" xlink:label="loc_bk_ValueAtRiskConfidenceLevel_24406758BE61AFE4E5B7CA05B740492D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AdditionalCollateralAggregateFairValue_5F6265897EEEA52ED9F8CA05B7401F27_terseLabel_en-US" xlink:label="lab_us-gaap_AdditionalCollateralAggregateFairValue_5F6265897EEEA52ED9F8CA05B7401F27" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Additional collateral The Bank of New York Mellon would have to post for existing collateral arrangements, if The Bank of New York Mellon's debt rating had fallen below investment grade </link:label>
<link:label id="lab_us-gaap_AdditionalCollateralAggregateFairValue_5F6265897EEEA52ED9F8CA05B7401F27_label_en-US" xlink:label="lab_us-gaap_AdditionalCollateralAggregateFairValue_5F6265897EEEA52ED9F8CA05B7401F27" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Additional Collateral, Aggregate Fair Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AdditionalCollateralAggregateFairValue" xlink:label="loc_us-gaap_AdditionalCollateralAggregateFairValue_5F6265897EEEA52ED9F8CA05B7401F27" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfCondensedFinancialStatementsTable_F28E362481016706E479D2FE6F53964E_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfCondensedFinancialStatementsTable_F28E362481016706E479D2FE6F53964E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Condensed Financial Statements [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfCondensedFinancialStatementsTable_F28E362481016706E479D2FE6F53964E_label_en-US" xlink:label="lab_us-gaap_ScheduleOfCondensedFinancialStatementsTable_F28E362481016706E479D2FE6F53964E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Condensed Financial Statements [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfCondensedFinancialStatementsTable" xlink:label="loc_us-gaap_ScheduleOfCondensedFinancialStatementsTable_F28E362481016706E479D2FE6F53964E" xlink:type="locator"/>
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<link:label id="lab_bk_CreditExtensionsToAffiliatesMember_E7C5857C7B188C64B8F4D2FE6F53F841_terseLabel_en-US" xlink:label="lab_bk_CreditExtensionsToAffiliatesMember_E7C5857C7B188C64B8F4D2FE6F53F841" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Credit Extensions To Affiliates </link:label>
<link:label id="lab_bk_CreditExtensionsToAffiliatesMember_E7C5857C7B188C64B8F4D2FE6F53F841_label_en-US" xlink:label="lab_bk_CreditExtensionsToAffiliatesMember_E7C5857C7B188C64B8F4D2FE6F53F841" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Credit Extensions To Affiliates [Member] </link:label>
<link:label id="lab_bk_CreditExtensionsToAffiliatesMember_E7C5857C7B188C64B8F4D2FE6F53F841_documentation_en-US" xlink:label="lab_bk_CreditExtensionsToAffiliatesMember_E7C5857C7B188C64B8F4D2FE6F53F841" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Credit Extensions To Affiliates [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_CreditExtensionsToAffiliatesMember" xlink:label="loc_bk_CreditExtensionsToAffiliatesMember_E7C5857C7B188C64B8F4D2FE6F53F841" xlink:type="locator"/>
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<link:label id="lab_bk_CreditExtensionsInAggregateToBankOfNewYorkAndAllAffiliatesMember_19C0BBAAC932661707A7D2FE6F537EDD_terseLabel_en-US" xlink:label="lab_bk_CreditExtensionsInAggregateToBankOfNewYorkAndAllAffiliatesMember_19C0BBAAC932661707A7D2FE6F537EDD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Credit Extensions In Aggregate To Bank Of New York And All Affiliates </link:label>
<link:label id="lab_bk_CreditExtensionsInAggregateToBankOfNewYorkAndAllAffiliatesMember_19C0BBAAC932661707A7D2FE6F537EDD_label_en-US" xlink:label="lab_bk_CreditExtensionsInAggregateToBankOfNewYorkAndAllAffiliatesMember_19C0BBAAC932661707A7D2FE6F537EDD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Credit Extensions In Aggregate To Bank Of New York And All Affiliates [Member] </link:label>
<link:label id="lab_bk_CreditExtensionsInAggregateToBankOfNewYorkAndAllAffiliatesMember_19C0BBAAC932661707A7D2FE6F537EDD_documentation_en-US" xlink:label="lab_bk_CreditExtensionsInAggregateToBankOfNewYorkAndAllAffiliatesMember_19C0BBAAC932661707A7D2FE6F537EDD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Credit Extensions In Aggregate To BNY And All Affiliates [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_CreditExtensionsInAggregateToBankOfNewYorkAndAllAffiliatesMember" xlink:label="loc_bk_CreditExtensionsInAggregateToBankOfNewYorkAndAllAffiliatesMember_19C0BBAAC932661707A7D2FE6F537EDD" xlink:type="locator"/>
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<link:label id="lab_bk_CapitalPlansAxis_F6E522F0CB953BE5F54ED2FE6F5385D8_terseLabel_en-US" xlink:label="lab_bk_CapitalPlansAxis_F6E522F0CB953BE5F54ED2FE6F5385D8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Capital Plans [Axis] </link:label>
<link:label id="lab_bk_CapitalPlansAxis_F6E522F0CB953BE5F54ED2FE6F5385D8_label_en-US" xlink:label="lab_bk_CapitalPlansAxis_F6E522F0CB953BE5F54ED2FE6F5385D8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Plans [Axis] </link:label>
<link:label id="lab_bk_CapitalPlansAxis_F6E522F0CB953BE5F54ED2FE6F5385D8_documentation_en-US" xlink:label="lab_bk_CapitalPlansAxis_F6E522F0CB953BE5F54ED2FE6F5385D8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Capital Plans [Axis] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_CapitalPlansAxis" xlink:label="loc_bk_CapitalPlansAxis_F6E522F0CB953BE5F54ED2FE6F5385D8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_CapitalPlansAxis_F6E522F0CB953BE5F54ED2FE6F5385D8" xlink:to="lab_bk_CapitalPlansAxis_F6E522F0CB953BE5F54ED2FE6F5385D8" xlink:type="arc"/>
<link:label id="lab_bk_CapitalPlansDomain_C6DC11B9B3BC9B53FD96D2FE6F53445C_terseLabel_en-US" xlink:label="lab_bk_CapitalPlansDomain_C6DC11B9B3BC9B53FD96D2FE6F53445C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Capital Plans [Domain] </link:label>
<link:label id="lab_bk_CapitalPlansDomain_C6DC11B9B3BC9B53FD96D2FE6F53445C_label_en-US" xlink:label="lab_bk_CapitalPlansDomain_C6DC11B9B3BC9B53FD96D2FE6F53445C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Plans [Domain] </link:label>
<link:label id="lab_bk_CapitalPlansDomain_C6DC11B9B3BC9B53FD96D2FE6F53445C_documentation_en-US" xlink:label="lab_bk_CapitalPlansDomain_C6DC11B9B3BC9B53FD96D2FE6F53445C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> [Domain] for Capital Plans [Axis] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_CapitalPlansDomain" xlink:label="loc_bk_CapitalPlansDomain_C6DC11B9B3BC9B53FD96D2FE6F53445C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_CapitalPlansDomain_C6DC11B9B3BC9B53FD96D2FE6F53445C" xlink:to="lab_bk_CapitalPlansDomain_C6DC11B9B3BC9B53FD96D2FE6F53445C" xlink:type="arc"/>
<link:label id="lab_bk_A2017CapitalPlanMember_7529DA1147516EF84258D2FE6F5343A0_terseLabel_en-US" xlink:label="lab_bk_A2017CapitalPlanMember_7529DA1147516EF84258D2FE6F5343A0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2017 Capital Plan </link:label>
<link:label id="lab_bk_A2017CapitalPlanMember_7529DA1147516EF84258D2FE6F5343A0_label_en-US" xlink:label="lab_bk_A2017CapitalPlanMember_7529DA1147516EF84258D2FE6F5343A0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> A2017 Capital Plan [Member] </link:label>
<link:label id="lab_bk_A2017CapitalPlanMember_7529DA1147516EF84258D2FE6F5343A0_documentation_en-US" xlink:label="lab_bk_A2017CapitalPlanMember_7529DA1147516EF84258D2FE6F5343A0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> A2017 Capital Plan [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_A2017CapitalPlanMember" xlink:label="loc_bk_A2017CapitalPlanMember_7529DA1147516EF84258D2FE6F5343A0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_A2017CapitalPlanMember_7529DA1147516EF84258D2FE6F5343A0" xlink:to="lab_bk_A2017CapitalPlanMember_7529DA1147516EF84258D2FE6F5343A0" xlink:type="arc"/>
<link:label id="lab_us-gaap_CondensedFinancialStatementsCaptionsLineItems_4CA50EC07BB7C297FA70D2FE6F53D0F6_terseLabel_en-US" xlink:label="lab_us-gaap_CondensedFinancialStatementsCaptionsLineItems_4CA50EC07BB7C297FA70D2FE6F53D0F6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Condensed Financial Statements, Captions [Line Items] </link:label>
<link:label id="lab_us-gaap_CondensedFinancialStatementsCaptionsLineItems_4CA50EC07BB7C297FA70D2FE6F53D0F6_label_en-US" xlink:label="lab_us-gaap_CondensedFinancialStatementsCaptionsLineItems_4CA50EC07BB7C297FA70D2FE6F53D0F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Condensed Financial Statements, Captions [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CondensedFinancialStatementsCaptionsLineItems" xlink:label="loc_us-gaap_CondensedFinancialStatementsCaptionsLineItems_4CA50EC07BB7C297FA70D2FE6F53D0F6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CondensedFinancialStatementsCaptionsLineItems_4CA50EC07BB7C297FA70D2FE6F53D0F6" xlink:to="lab_us-gaap_CondensedFinancialStatementsCaptionsLineItems_4CA50EC07BB7C297FA70D2FE6F53D0F6" xlink:type="arc"/>
<link:label id="lab_bk_IntercompanyloanstransferredfromParenttointermediateholdingcompany_351A69C23E258BCBDD69D2FE6F5315A8_terseLabel_en-US" xlink:label="lab_bk_IntercompanyloanstransferredfromParenttointermediateholdingcompany_351A69C23E258BCBDD69D2FE6F5315A8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Intercompany loans transferred from Parent to intermediate holding company </link:label>
<link:label id="lab_bk_IntercompanyloanstransferredfromParenttointermediateholdingcompany_351A69C23E258BCBDD69D2FE6F5315A8_label_en-US" xlink:label="lab_bk_IntercompanyloanstransferredfromParenttointermediateholdingcompany_351A69C23E258BCBDD69D2FE6F5315A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Intercompany loans transferred from Parent to intermediate holding company </link:label>
<link:label id="lab_bk_IntercompanyloanstransferredfromParenttointermediateholdingcompany_351A69C23E258BCBDD69D2FE6F5315A8_documentation_en-US" xlink:label="lab_bk_IntercompanyloanstransferredfromParenttointermediateholdingcompany_351A69C23E258BCBDD69D2FE6F5315A8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Intercompany loans transferred from Parent to intermediate holding company </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_IntercompanyloanstransferredfromParenttointermediateholdingcompany" xlink:label="loc_bk_IntercompanyloanstransferredfromParenttointermediateholdingcompany_351A69C23E258BCBDD69D2FE6F5315A8" xlink:type="locator"/>
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<link:label id="lab_bk_CashtransferredfromParenttointermediateholdingcompany_64C0EFEFCB3B14728765D2FE6F5356FC_terseLabel_en-US" xlink:label="lab_bk_CashtransferredfromParenttointermediateholdingcompany_64C0EFEFCB3B14728765D2FE6F5356FC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash transferred from Parent to intermediate holding company </link:label>
<link:label id="lab_bk_CashtransferredfromParenttointermediateholdingcompany_64C0EFEFCB3B14728765D2FE6F5356FC_label_en-US" xlink:label="lab_bk_CashtransferredfromParenttointermediateholdingcompany_64C0EFEFCB3B14728765D2FE6F5356FC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash transferred from Parent to intermediate holding company </link:label>
<link:label id="lab_bk_CashtransferredfromParenttointermediateholdingcompany_64C0EFEFCB3B14728765D2FE6F5356FC_documentation_en-US" xlink:label="lab_bk_CashtransferredfromParenttointermediateholdingcompany_64C0EFEFCB3B14728765D2FE6F5356FC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Cash transferred from Parent to intermediate holding company </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_CashtransferredfromParenttointermediateholdingcompany" xlink:label="loc_bk_CashtransferredfromParenttointermediateholdingcompany_64C0EFEFCB3B14728765D2FE6F5356FC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_CashtransferredfromParenttointermediateholdingcompany_64C0EFEFCB3B14728765D2FE6F5356FC" xlink:to="lab_bk_CashtransferredfromParenttointermediateholdingcompany_64C0EFEFCB3B14728765D2FE6F5356FC" xlink:type="arc"/>
<link:label id="lab_bk_IntermediatedholdingcompanyunsecuredsubordinatednotestoParent_E52864134EBFBFE885DED2FE6F53DA2B_terseLabel_en-US" xlink:label="lab_bk_IntermediatedholdingcompanyunsecuredsubordinatednotestoParent_E52864134EBFBFE885DED2FE6F53DA2B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Intermediated holding company unsecured subordinated notes to Parent </link:label>
<link:label id="lab_bk_IntermediatedholdingcompanyunsecuredsubordinatednotestoParent_E52864134EBFBFE885DED2FE6F53DA2B_label_en-US" xlink:label="lab_bk_IntermediatedholdingcompanyunsecuredsubordinatednotestoParent_E52864134EBFBFE885DED2FE6F53DA2B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Intermediated holding company unsecured subordinated notes to Parent </link:label>
<link:label id="lab_bk_IntermediatedholdingcompanyunsecuredsubordinatednotestoParent_E52864134EBFBFE885DED2FE6F53DA2B_documentation_en-US" xlink:label="lab_bk_IntermediatedholdingcompanyunsecuredsubordinatednotestoParent_E52864134EBFBFE885DED2FE6F53DA2B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Intermediated holding company unsecured subordinated notes to Parent </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_IntermediatedholdingcompanyunsecuredsubordinatednotestoParent" xlink:label="loc_bk_IntermediatedholdingcompanyunsecuredsubordinatednotestoParent_E52864134EBFBFE885DED2FE6F53DA2B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_IntermediatedholdingcompanyunsecuredsubordinatednotestoParent_E52864134EBFBFE885DED2FE6F53DA2B" xlink:to="lab_bk_IntermediatedholdingcompanyunsecuredsubordinatednotestoParent_E52864134EBFBFE885DED2FE6F53DA2B" xlink:type="arc"/>
<link:label id="lab_us-gaap_StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval_EDD14018CF96E58E894AD2FE6F5370B4_terseLabel_en-US" xlink:label="lab_us-gaap_StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval_EDD14018CF96E58E894AD2FE6F5370B4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Dividend payments without regulatory approval </link:label>
<link:label id="lab_us-gaap_StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval_EDD14018CF96E58E894AD2FE6F5370B4_label_en-US" xlink:label="lab_us-gaap_StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval_EDD14018CF96E58E894AD2FE6F5370B4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Statutory Accounting Practices, Statutory Amount Available for Dividend Payments without Regulatory Approval </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval" xlink:label="loc_us-gaap_StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval_EDD14018CF96E58E894AD2FE6F5370B4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval_EDD14018CF96E58E894AD2FE6F5370B4" xlink:to="lab_us-gaap_StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval_EDD14018CF96E58E894AD2FE6F5370B4" xlink:type="arc"/>
<link:label id="lab_bk_LiquidAssetsHeldAmount_2DEFA7EF8361585DAD09D2FE6F537B2B_terseLabel_en-US" xlink:label="lab_bk_LiquidAssetsHeldAmount_2DEFA7EF8361585DAD09D2FE6F537B2B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Liquid asset held, amount </link:label>
<link:label id="lab_bk_LiquidAssetsHeldAmount_2DEFA7EF8361585DAD09D2FE6F537B2B_label_en-US" xlink:label="lab_bk_LiquidAssetsHeldAmount_2DEFA7EF8361585DAD09D2FE6F537B2B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Liquid Assets Held Amount </link:label>
<link:label id="lab_bk_LiquidAssetsHeldAmount_2DEFA7EF8361585DAD09D2FE6F537B2B_documentation_en-US" xlink:label="lab_bk_LiquidAssetsHeldAmount_2DEFA7EF8361585DAD09D2FE6F537B2B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Liquid Assets Held Amount </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_LiquidAssetsHeldAmount" xlink:label="loc_bk_LiquidAssetsHeldAmount_2DEFA7EF8361585DAD09D2FE6F537B2B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_LiquidAssetsHeldAmount_2DEFA7EF8361585DAD09D2FE6F537B2B" xlink:to="lab_bk_LiquidAssetsHeldAmount_2DEFA7EF8361585DAD09D2FE6F537B2B" xlink:type="arc"/>
<link:label id="lab_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_70B01158D3B0FD6C4076D30386B06ECA_terseLabel_en-US" xlink:label="lab_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_70B01158D3B0FD6C4076D30386B06ECA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common stock, dividends declared </link:label>
<link:label id="lab_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_70B01158D3B0FD6C4076D30386B06ECA_label_en-US" xlink:label="lab_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_70B01158D3B0FD6C4076D30386B06ECA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash Dividends Paid to Parent Company by Consolidated Subsidiaries </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries" xlink:label="loc_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_70B01158D3B0FD6C4076D30386B06ECA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_70B01158D3B0FD6C4076D30386B06ECA" xlink:to="lab_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_70B01158D3B0FD6C4076D30386B06ECA" xlink:type="arc"/>
<link:label id="lab_bk_DividendPayoutRatioRateThatWhenExceededBeginsToReceiveCloseScrutinyFromFed_D6571E9B2057C5679AF2D2FE6F53EED1_terseLabel_en-US" xlink:label="lab_bk_DividendPayoutRatioRateThatWhenExceededBeginsToReceiveCloseScrutinyFromFed_D6571E9B2057C5679AF2D2FE6F53EED1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Dividend payout ratio that when exceeded begins to receive close scrutiny from fed </link:label>
<link:label id="lab_bk_DividendPayoutRatioRateThatWhenExceededBeginsToReceiveCloseScrutinyFromFed_D6571E9B2057C5679AF2D2FE6F53EED1_label_en-US" xlink:label="lab_bk_DividendPayoutRatioRateThatWhenExceededBeginsToReceiveCloseScrutinyFromFed_D6571E9B2057C5679AF2D2FE6F53EED1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Dividend Payout Ratio Rate That When Exceeded Begins To Receive Close Scrutiny From Fed </link:label>
<link:label id="lab_bk_DividendPayoutRatioRateThatWhenExceededBeginsToReceiveCloseScrutinyFromFed_D6571E9B2057C5679AF2D2FE6F53EED1_documentation_en-US" xlink:label="lab_bk_DividendPayoutRatioRateThatWhenExceededBeginsToReceiveCloseScrutinyFromFed_D6571E9B2057C5679AF2D2FE6F53EED1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Dividend Payout Ratio Rate that when Exceeded Begins to Receive Close Scrutiny from the Fed </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_DividendPayoutRatioRateThatWhenExceededBeginsToReceiveCloseScrutinyFromFed" xlink:label="loc_bk_DividendPayoutRatioRateThatWhenExceededBeginsToReceiveCloseScrutinyFromFed_D6571E9B2057C5679AF2D2FE6F53EED1" xlink:type="locator"/>
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<link:label id="lab_bk_MaximumPercentageOfRegulatoryCapitalAllowableForBankCreditExtensions_E4CC523F2B3EABA6D7E4D2FE6F53E0E5_terseLabel_en-US" xlink:label="lab_bk_MaximumPercentageOfRegulatoryCapitalAllowableForBankCreditExtensions_E4CC523F2B3EABA6D7E4D2FE6F53E0E5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Maximum percentage of regulatory capital allowable for bank credit extensions </link:label>
<link:label id="lab_bk_MaximumPercentageOfRegulatoryCapitalAllowableForBankCreditExtensions_E4CC523F2B3EABA6D7E4D2FE6F53E0E5_label_en-US" xlink:label="lab_bk_MaximumPercentageOfRegulatoryCapitalAllowableForBankCreditExtensions_E4CC523F2B3EABA6D7E4D2FE6F53E0E5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Maximum Percentage Of Regulatory Capital Allowable For Bank Credit Extensions </link:label>
<link:label id="lab_bk_MaximumPercentageOfRegulatoryCapitalAllowableForBankCreditExtensions_E4CC523F2B3EABA6D7E4D2FE6F53E0E5_documentation_en-US" xlink:label="lab_bk_MaximumPercentageOfRegulatoryCapitalAllowableForBankCreditExtensions_E4CC523F2B3EABA6D7E4D2FE6F53E0E5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Maximum Percentage Of Regulatory Capital Allowable For Bank Credit Extensions </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_MaximumPercentageOfRegulatoryCapitalAllowableForBankCreditExtensions" xlink:label="loc_bk_MaximumPercentageOfRegulatoryCapitalAllowableForBankCreditExtensions_E4CC523F2B3EABA6D7E4D2FE6F53E0E5" xlink:type="locator"/>
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<link:label id="lab_bk_CollateralPercentageRequirementForBankLoansToAffiliates_8C598B520F24DE0745B6D2FE6F530140_terseLabel_en-US" xlink:label="lab_bk_CollateralPercentageRequirementForBankLoansToAffiliates_8C598B520F24DE0745B6D2FE6F530140" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Collateral percentage requirement for bank loans to affiliates </link:label>
<link:label id="lab_bk_CollateralPercentageRequirementForBankLoansToAffiliates_8C598B520F24DE0745B6D2FE6F530140_label_en-US" xlink:label="lab_bk_CollateralPercentageRequirementForBankLoansToAffiliates_8C598B520F24DE0745B6D2FE6F530140" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Collateral Percentage Requirement For Bank Loans To Affiliates </link:label>
<link:label id="lab_bk_CollateralPercentageRequirementForBankLoansToAffiliates_8C598B520F24DE0745B6D2FE6F530140_documentation_en-US" xlink:label="lab_bk_CollateralPercentageRequirementForBankLoansToAffiliates_8C598B520F24DE0745B6D2FE6F530140" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Collateral Percentage Requirement For Bank Loans To Affiliates </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis" xlink:label="loc_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_203CFE2CA9A98300A367CA05BB02F5B9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_203CFE2CA9A98300A367CA05BB02F5B9" xlink:to="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_203CFE2CA9A98300A367CA05BB02F5B9" xlink:type="arc"/>
<link:label id="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_E7F4C2B79463C80B2000CA05BB02B966_terseLabel_en-US" xlink:label="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_E7F4C2B79463C80B2000CA05BB02B966" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Disposal Group Name [Domain] </link:label>
<link:label id="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_E7F4C2B79463C80B2000CA05BB02B966_label_en-US" xlink:label="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_E7F4C2B79463C80B2000CA05BB02B966" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disposal Group Name [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain" xlink:label="loc_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_E7F4C2B79463C80B2000CA05BB02B966" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_E7F4C2B79463C80B2000CA05BB02B966" xlink:to="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_E7F4C2B79463C80B2000CA05BB02B966" xlink:type="arc"/>
<link:label id="lab_bk_MeritenInvestmentManagementGmbHMember_1EDCE059FA409B39DB52CA05BB034091_terseLabel_en-US" xlink:label="lab_bk_MeritenInvestmentManagementGmbHMember_1EDCE059FA409B39DB52CA05BB034091" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Meritan Investment Management GmbH </link:label>
<link:label id="lab_bk_MeritenInvestmentManagementGmbHMember_1EDCE059FA409B39DB52CA05BB034091_label_en-US" xlink:label="lab_bk_MeritenInvestmentManagementGmbHMember_1EDCE059FA409B39DB52CA05BB034091" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Meriten Investment Management GmbH [Member] </link:label>
<link:label id="lab_bk_MeritenInvestmentManagementGmbHMember_1EDCE059FA409B39DB52CA05BB034091_documentation_en-US" xlink:label="lab_bk_MeritenInvestmentManagementGmbHMember_1EDCE059FA409B39DB52CA05BB034091" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Meriten Investment Management GmbH [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_MeritenInvestmentManagementGmbHMember" xlink:label="loc_bk_MeritenInvestmentManagementGmbHMember_1EDCE059FA409B39DB52CA05BB034091" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_MeritenInvestmentManagementGmbHMember_1EDCE059FA409B39DB52CA05BB034091" xlink:to="lab_bk_MeritenInvestmentManagementGmbHMember_1EDCE059FA409B39DB52CA05BB034091" xlink:type="arc"/>
<link:label id="lab_us-gaap_BusinessAcquisitionAxis_95728B91B347888137DBCA05BB03239F_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAxis_95728B91B347888137DBCA05BB03239F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Business Acquisition [Axis] </link:label>
<link:label id="lab_us-gaap_BusinessAcquisitionAxis_95728B91B347888137DBCA05BB03239F_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAxis_95728B91B347888137DBCA05BB03239F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Business Acquisition [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BusinessAcquisitionAxis" xlink:label="loc_us-gaap_BusinessAcquisitionAxis_95728B91B347888137DBCA05BB03239F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionAxis_95728B91B347888137DBCA05BB03239F" xlink:to="lab_us-gaap_BusinessAcquisitionAxis_95728B91B347888137DBCA05BB03239F" xlink:type="arc"/>
<link:label id="lab_us-gaap_BusinessAcquisitionAcquireeDomain_82656B5F4F1E49163AF4CA05BB03FAD0_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAcquireeDomain_82656B5F4F1E49163AF4CA05BB03FAD0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Business Acquisition, Acquiree [Domain] </link:label>
<link:label id="lab_us-gaap_BusinessAcquisitionAcquireeDomain_82656B5F4F1E49163AF4CA05BB03FAD0_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAcquireeDomain_82656B5F4F1E49163AF4CA05BB03FAD0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Business Acquisition, Acquiree [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BusinessAcquisitionAcquireeDomain" xlink:label="loc_us-gaap_BusinessAcquisitionAcquireeDomain_82656B5F4F1E49163AF4CA05BB03FAD0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionAcquireeDomain_82656B5F4F1E49163AF4CA05BB03FAD0" xlink:to="lab_us-gaap_BusinessAcquisitionAcquireeDomain_82656B5F4F1E49163AF4CA05BB03FAD0" xlink:type="arc"/>
<link:label id="lab_bk_AthertonLaneAcquisitionMember_84063037B567E044E0EDCA05BB03B4C6_terseLabel_en-US" xlink:label="lab_bk_AthertonLaneAcquisitionMember_84063037B567E044E0EDCA05BB03B4C6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Atherton Lane Acquisition </link:label>
<link:label id="lab_bk_AthertonLaneAcquisitionMember_84063037B567E044E0EDCA05BB03B4C6_label_en-US" xlink:label="lab_bk_AthertonLaneAcquisitionMember_84063037B567E044E0EDCA05BB03B4C6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Atherton Lane Acquisition [Member] </link:label>
<link:label id="lab_bk_AthertonLaneAcquisitionMember_84063037B567E044E0EDCA05BB03B4C6_documentation_en-US" xlink:label="lab_bk_AthertonLaneAcquisitionMember_84063037B567E044E0EDCA05BB03B4C6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Atherton Lane Acquisition [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_AthertonLaneAcquisitionMember" xlink:label="loc_bk_AthertonLaneAcquisitionMember_84063037B567E044E0EDCA05BB03B4C6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AthertonLaneAcquisitionMember_84063037B567E044E0EDCA05BB03B4C6" xlink:to="lab_bk_AthertonLaneAcquisitionMember_84063037B567E044E0EDCA05BB03B4C6" xlink:type="arc"/>
<link:label id="lab_bk_CutwaterAssetManagementMember_1FEF8A97A9286501E64DCA05BB039AD2_terseLabel_en-US" xlink:label="lab_bk_CutwaterAssetManagementMember_1FEF8A97A9286501E64DCA05BB039AD2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cutwater Acquisition </link:label>
<link:label id="lab_bk_CutwaterAssetManagementMember_1FEF8A97A9286501E64DCA05BB039AD2_label_en-US" xlink:label="lab_bk_CutwaterAssetManagementMember_1FEF8A97A9286501E64DCA05BB039AD2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cutwater Asset Management [Member] </link:label>
<link:label id="lab_bk_CutwaterAssetManagementMember_1FEF8A97A9286501E64DCA05BB039AD2_documentation_en-US" xlink:label="lab_bk_CutwaterAssetManagementMember_1FEF8A97A9286501E64DCA05BB039AD2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Cutwater Asset Management [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_CutwaterAssetManagementMember" xlink:label="loc_bk_CutwaterAssetManagementMember_1FEF8A97A9286501E64DCA05BB039AD2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_CutwaterAssetManagementMember_1FEF8A97A9286501E64DCA05BB039AD2" xlink:to="lab_bk_CutwaterAssetManagementMember_1FEF8A97A9286501E64DCA05BB039AD2" xlink:type="arc"/>
<link:label id="lab_us-gaap_BusinessAcquisitionLineItems_FE0B6A312D915263BEBECA05BB03126E_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionLineItems_FE0B6A312D915263BEBECA05BB03126E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Business Acquisition [Line Items] </link:label>
<link:label id="lab_us-gaap_BusinessAcquisitionLineItems_FE0B6A312D915263BEBECA05BB03126E_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionLineItems_FE0B6A312D915263BEBECA05BB03126E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Business Acquisition [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="loc_us-gaap_BusinessAcquisitionLineItems_FE0B6A312D915263BEBECA05BB03126E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionLineItems_FE0B6A312D915263BEBECA05BB03126E" xlink:to="lab_us-gaap_BusinessAcquisitionLineItems_FE0B6A312D915263BEBECA05BB03126E" xlink:type="arc"/>
<link:label id="lab_us-gaap_PaymentsForPreviousAcquisition_4B0E7FB207A25B96FE72CA05BB03B426_terseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForPreviousAcquisition_4B0E7FB207A25B96FE72CA05BB03B426" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Contingent payments </link:label>
<link:label id="lab_us-gaap_PaymentsForPreviousAcquisition_4B0E7FB207A25B96FE72CA05BB03B426_label_en-US" xlink:label="lab_us-gaap_PaymentsForPreviousAcquisition_4B0E7FB207A25B96FE72CA05BB03B426" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments for Previous Acquisition </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsForPreviousAcquisition" xlink:label="loc_us-gaap_PaymentsForPreviousAcquisition_4B0E7FB207A25B96FE72CA05BB03B426" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForPreviousAcquisition_4B0E7FB207A25B96FE72CA05BB03B426" xlink:to="lab_us-gaap_PaymentsForPreviousAcquisition_4B0E7FB207A25B96FE72CA05BB03B426" xlink:type="arc"/>
<link:label id="lab_us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueLow_D1CE7488C30D0A462AB5CA05BB0336F0_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueLow_D1CE7488C30D0A462AB5CA05BB0336F0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Potential obligation to pay additional consideration, lower range </link:label>
<link:label id="lab_us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueLow_D1CE7488C30D0A462AB5CA05BB0336F0_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueLow_D1CE7488C30D0A462AB5CA05BB0336F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, Low </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueLow" xlink:label="loc_us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueLow_D1CE7488C30D0A462AB5CA05BB0336F0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueLow_D1CE7488C30D0A462AB5CA05BB0336F0" xlink:to="lab_us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueLow_D1CE7488C30D0A462AB5CA05BB0336F0" xlink:type="arc"/>
<link:label id="lab_us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueHigh_0E356C7F431F34B0118ECA05BB032C6C_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueHigh_0E356C7F431F34B0118ECA05BB032C6C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Potential obligation to pay additional consideration, upper range </link:label>
<link:label id="lab_us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueHigh_0E356C7F431F34B0118ECA05BB032C6C_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueHigh_0E356C7F431F34B0118ECA05BB032C6C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueHigh" xlink:label="loc_us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueHigh_0E356C7F431F34B0118ECA05BB032C6C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueHigh_0E356C7F431F34B0118ECA05BB032C6C" xlink:to="lab_us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueHigh_0E356C7F431F34B0118ECA05BB032C6C" xlink:type="arc"/>
<link:label id="lab_bk_BusinessCombinationContingentConsiderationArrangementsPaymentPeriod_C062055919C486EA4D1CCA05BB037F4C_terseLabel_en-US" xlink:label="lab_bk_BusinessCombinationContingentConsiderationArrangementsPaymentPeriod_C062055919C486EA4D1CCA05BB037F4C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Contingent consideration payment period </link:label>
<link:label id="lab_bk_BusinessCombinationContingentConsiderationArrangementsPaymentPeriod_C062055919C486EA4D1CCA05BB037F4C_label_en-US" xlink:label="lab_bk_BusinessCombinationContingentConsiderationArrangementsPaymentPeriod_C062055919C486EA4D1CCA05BB037F4C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Business Combination, Contingent Consideration Arrangements, Payment Period </link:label>
<link:label id="lab_bk_BusinessCombinationContingentConsiderationArrangementsPaymentPeriod_C062055919C486EA4D1CCA05BB037F4C_documentation_en-US" xlink:label="lab_bk_BusinessCombinationContingentConsiderationArrangementsPaymentPeriod_C062055919C486EA4D1CCA05BB037F4C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Business Combination, Contingent Consideration Arrangements, Payment Period </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_BusinessCombinationContingentConsiderationArrangementsPaymentPeriod" xlink:label="loc_bk_BusinessCombinationContingentConsiderationArrangementsPaymentPeriod_C062055919C486EA4D1CCA05BB037F4C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_BusinessCombinationContingentConsiderationArrangementsPaymentPeriod_C062055919C486EA4D1CCA05BB037F4C" xlink:to="lab_bk_BusinessCombinationContingentConsiderationArrangementsPaymentPeriod_C062055919C486EA4D1CCA05BB037F4C" xlink:type="arc"/>
<link:label id="lab_us-gaap_BusinessAcquisitionDateOfAcquisitionAbstract_1E67110D8BF388C56D6BCA05BB034874_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionDateOfAcquisitionAbstract_1E67110D8BF388C56D6BCA05BB034874" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Acquisitions </link:label>
<link:label id="lab_us-gaap_BusinessAcquisitionDateOfAcquisitionAbstract_1E67110D8BF388C56D6BCA05BB034874_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionDateOfAcquisitionAbstract_1E67110D8BF388C56D6BCA05BB034874" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Business Acquisition, Date of Acquisition [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BusinessAcquisitionDateOfAcquisitionAbstract" xlink:label="loc_us-gaap_BusinessAcquisitionDateOfAcquisitionAbstract_1E67110D8BF388C56D6BCA05BB034874" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionDateOfAcquisitionAbstract_1E67110D8BF388C56D6BCA05BB034874" xlink:to="lab_us-gaap_BusinessAcquisitionDateOfAcquisitionAbstract_1E67110D8BF388C56D6BCA05BB034874" xlink:type="arc"/>
<link:label id="lab_bk_Businessacquisitionassetsundermanagementacquired_CE5274FBF7F77EDBCA8FCA05BB03BE81_terseLabel_en-US" xlink:label="lab_bk_Businessacquisitionassetsundermanagementacquired_CE5274FBF7F77EDBCA8FCA05BB03BE81" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Assets under management acquired </link:label>
<link:label id="lab_bk_Businessacquisitionassetsundermanagementacquired_CE5274FBF7F77EDBCA8FCA05BB03BE81_label_en-US" xlink:label="lab_bk_Businessacquisitionassetsundermanagementacquired_CE5274FBF7F77EDBCA8FCA05BB03BE81" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> business acquisition, assets under management acquired </link:label>
<link:label id="lab_bk_Businessacquisitionassetsundermanagementacquired_CE5274FBF7F77EDBCA8FCA05BB03BE81_documentation_en-US" xlink:label="lab_bk_Businessacquisitionassetsundermanagementacquired_CE5274FBF7F77EDBCA8FCA05BB03BE81" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> business acquisition, assets under management acquired </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_Businessacquisitionassetsundermanagementacquired" xlink:label="loc_bk_Businessacquisitionassetsundermanagementacquired_CE5274FBF7F77EDBCA8FCA05BB03BE81" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_Businessacquisitionassetsundermanagementacquired_CE5274FBF7F77EDBCA8FCA05BB03BE81" xlink:to="lab_bk_Businessacquisitionassetsundermanagementacquired_CE5274FBF7F77EDBCA8FCA05BB03BE81" xlink:type="arc"/>
<link:label id="lab_bk_NumberOfCustomers_9D993A2A27CD2436E3A3CA05BB033386_terseLabel_en-US" xlink:label="lab_bk_NumberOfCustomers_9D993A2A27CD2436E3A3CA05BB033386" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Approximate number of high net worth clients (in customers) </link:label>
<link:label id="lab_bk_NumberOfCustomers_9D993A2A27CD2436E3A3CA05BB033386_label_en-US" xlink:label="lab_bk_NumberOfCustomers_9D993A2A27CD2436E3A3CA05BB033386" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Number Of Customers </link:label>
<link:label id="lab_bk_NumberOfCustomers_9D993A2A27CD2436E3A3CA05BB033386_documentation_en-US" xlink:label="lab_bk_NumberOfCustomers_9D993A2A27CD2436E3A3CA05BB033386" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Number Of Customers </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_NumberOfCustomers" xlink:label="loc_bk_NumberOfCustomers_9D993A2A27CD2436E3A3CA05BB033386" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PaymentsToAcquireBusinessesGross_34BAA1AED6B7539223BACA05BB039F68_terseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesGross_34BAA1AED6B7539223BACA05BB039F68" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash paid for assets acquired </link:label>
<link:label id="lab_us-gaap_PaymentsToAcquireBusinessesGross_34BAA1AED6B7539223BACA05BB039F68_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesGross_34BAA1AED6B7539223BACA05BB039F68" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments to Acquire Businesses, Gross </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesGross" xlink:label="loc_us-gaap_PaymentsToAcquireBusinessesGross_34BAA1AED6B7539223BACA05BB039F68" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireBusinessesGross_34BAA1AED6B7539223BACA05BB039F68" xlink:to="lab_us-gaap_PaymentsToAcquireBusinessesGross_34BAA1AED6B7539223BACA05BB039F68" xlink:type="arc"/>
<link:label id="lab_bk_Businesscombinationcontingentpayments_BDBE6027D97FA32434BCCA05BB038548_terseLabel_en-US" xlink:label="lab_bk_Businesscombinationcontingentpayments_BDBE6027D97FA32434BCCA05BB038548" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Business combination, contingent payments </link:label>
<link:label id="lab_bk_Businesscombinationcontingentpayments_BDBE6027D97FA32434BCCA05BB038548_label_en-US" xlink:label="lab_bk_Businesscombinationcontingentpayments_BDBE6027D97FA32434BCCA05BB038548" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> business combination contingent payments </link:label>
<link:label id="lab_bk_Businesscombinationcontingentpayments_BDBE6027D97FA32434BCCA05BB038548_documentation_en-US" xlink:label="lab_bk_Businesscombinationcontingentpayments_BDBE6027D97FA32434BCCA05BB038548" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> business combination contingent payments </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_Businesscombinationcontingentpayments" xlink:label="loc_bk_Businesscombinationcontingentpayments_BDBE6027D97FA32434BCCA05BB038548" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_Businesscombinationcontingentpayments_BDBE6027D97FA32434BCCA05BB038548" xlink:to="lab_bk_Businesscombinationcontingentpayments_BDBE6027D97FA32434BCCA05BB038548" xlink:type="arc"/>
<link:label id="lab_us-gaap_GoodwillAcquiredDuringPeriod_843AB247D4688837575CCA05BB034C0D_verboseLabel_en-US" xlink:label="lab_us-gaap_GoodwillAcquiredDuringPeriod_843AB247D4688837575CCA05BB034C0D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill </link:label>
<link:label id="lab_us-gaap_GoodwillAcquiredDuringPeriod_843AB247D4688837575CCA05BB034C0D_label_en-US" xlink:label="lab_us-gaap_GoodwillAcquiredDuringPeriod_843AB247D4688837575CCA05BB034C0D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill, Acquired During Period </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GoodwillAcquiredDuringPeriod" xlink:label="loc_us-gaap_GoodwillAcquiredDuringPeriod_843AB247D4688837575CCA05BB034C0D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillAcquiredDuringPeriod_843AB247D4688837575CCA05BB034C0D" xlink:to="lab_us-gaap_GoodwillAcquiredDuringPeriod_843AB247D4688837575CCA05BB034C0D" xlink:type="arc"/>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetUsefulLife_68FAF13E55B2C5027D58CA05BB04CEA5_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetUsefulLife_68FAF13E55B2C5027D58CA05BB04CEA5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Useful life </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetUsefulLife" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetUsefulLife_68FAF13E55B2C5027D58CA05BB04CEA5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetUsefulLife_68FAF13E55B2C5027D58CA05BB04CEA5" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetUsefulLife_68FAF13E55B2C5027D58CA05BB04CEA5" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinitelivedIntangibleAssetsAcquired1_9D3B518E9FF13FC36380CA05BB046B19_verboseLabel_en-US" xlink:label="lab_us-gaap_FinitelivedIntangibleAssetsAcquired1_9D3B518E9FF13FC36380CA05BB046B19" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Intangible assets acquired </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinitelivedIntangibleAssetsAcquired1" xlink:label="loc_us-gaap_FinitelivedIntangibleAssetsAcquired1_9D3B518E9FF13FC36380CA05BB046B19" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinitelivedIntangibleAssetsAcquired1_9D3B518E9FF13FC36380CA05BB046B19" xlink:to="lab_us-gaap_FinitelivedIntangibleAssetsAcquired1_9D3B518E9FF13FC36380CA05BB046B19" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromDivestitureOfBusinesses_1EB44F47572321A2A5ECCA05BB0451E4_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromDivestitureOfBusinesses_1EB44F47572321A2A5ECCA05BB0451E4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds from divestiture </link:label>
<link:label id="lab_us-gaap_ProceedsFromDivestitureOfBusinesses_1EB44F47572321A2A5ECCA05BB0451E4_label_en-US" xlink:label="lab_us-gaap_ProceedsFromDivestitureOfBusinesses_1EB44F47572321A2A5ECCA05BB0451E4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Divestiture of Businesses </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromDivestitureOfBusinesses" xlink:label="loc_us-gaap_ProceedsFromDivestitureOfBusinesses_1EB44F47572321A2A5ECCA05BB0451E4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromDivestitureOfBusinesses_1EB44F47572321A2A5ECCA05BB0451E4" xlink:to="lab_us-gaap_ProceedsFromDivestitureOfBusinesses_1EB44F47572321A2A5ECCA05BB0451E4" xlink:type="arc"/>
<link:label id="lab_us-gaap_GainLossOnSaleOfBusiness_3FBACB18F3BDCBF20747CA05BB045A0D_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfBusiness_3FBACB18F3BDCBF20747CA05BB045A0D" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Gain (loss) on disposition </link:label>
<link:label id="lab_us-gaap_GainLossOnSaleOfBusiness_3FBACB18F3BDCBF20747CA05BB045A0D_label_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfBusiness_3FBACB18F3BDCBF20747CA05BB045A0D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Gain (Loss) on Disposition of Business </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GainLossOnSaleOfBusiness" xlink:label="loc_us-gaap_GainLossOnSaleOfBusiness_3FBACB18F3BDCBF20747CA05BB045A0D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnSaleOfBusiness_3FBACB18F3BDCBF20747CA05BB045A0D" xlink:to="lab_us-gaap_GainLossOnSaleOfBusiness_3FBACB18F3BDCBF20747CA05BB045A0D" xlink:type="arc"/>
<link:label id="lab_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_5B19F4C293AF1EDA1C03CA05BB043AB9_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_5B19F4C293AF1EDA1C03CA05BB043AB9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill written off </link:label>
<link:label id="lab_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_5B19F4C293AF1EDA1C03CA05BB043AB9_label_en-US" xlink:label="lab_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_5B19F4C293AF1EDA1C03CA05BB043AB9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill, Written off Related to Sale of Business Unit </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit" xlink:label="loc_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_5B19F4C293AF1EDA1C03CA05BB043AB9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_5B19F4C293AF1EDA1C03CA05BB043AB9" xlink:to="lab_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_5B19F4C293AF1EDA1C03CA05BB043AB9" xlink:type="arc"/>
<link:label id="lab_us-gaap_IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit_A2319C9D309DDC97A3EFCA05BB043D06_terseLabel_en-US" xlink:label="lab_us-gaap_IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit_A2319C9D309DDC97A3EFCA05BB043D06" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Intangible assets written off </link:label>
<link:label id="lab_us-gaap_IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit_A2319C9D309DDC97A3EFCA05BB043D06_label_en-US" xlink:label="lab_us-gaap_IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit_A2319C9D309DDC97A3EFCA05BB043D06" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Indefinite-lived Intangible Assets, Written off Related to Sale of Business Unit </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit" xlink:label="loc_us-gaap_IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit_A2319C9D309DDC97A3EFCA05BB043D06" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit_A2319C9D309DDC97A3EFCA05BB043D06" xlink:to="lab_us-gaap_IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit_A2319C9D309DDC97A3EFCA05BB043D06" xlink:type="arc"/>
<link:label id="lab_bk_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTable_D3DF840DF83B29AD094ADC01824F50D7_terseLabel_en-US" xlink:label="lab_bk_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTable_D3DF840DF83B29AD094ADC01824F50D7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table] </link:label>
<link:label id="lab_bk_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTable_D3DF840DF83B29AD094ADC01824F50D7_label_en-US" xlink:label="lab_bk_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTable_D3DF840DF83B29AD094ADC01824F50D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Table] </link:label>
<link:label id="lab_bk_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTable_D3DF840DF83B29AD094ADC01824F50D7_documentation_en-US" xlink:label="lab_bk_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTable_D3DF840DF83B29AD094ADC01824F50D7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTable" xlink:label="loc_bk_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTable_D3DF840DF83B29AD094ADC01824F50D7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTable_D3DF840DF83B29AD094ADC01824F50D7" xlink:to="lab_bk_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTable_D3DF840DF83B29AD094ADC01824F50D7" xlink:type="arc"/>
<link:label id="lab_bk_SeedCapitalAndOtherFundsMember_FCEC1BAEF4E07118B136DC0182505FA1_terseLabel_en-US" xlink:label="lab_bk_SeedCapitalAndOtherFundsMember_FCEC1BAEF4E07118B136DC0182505FA1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Seed capital and other funds </link:label>
<link:label id="lab_bk_SeedCapitalAndOtherFundsMember_FCEC1BAEF4E07118B136DC0182505FA1_label_en-US" xlink:label="lab_bk_SeedCapitalAndOtherFundsMember_FCEC1BAEF4E07118B136DC0182505FA1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Seed Capital And Other Funds [Member] </link:label>
<link:label id="lab_bk_SeedCapitalAndOtherFundsMember_FCEC1BAEF4E07118B136DC0182505FA1_documentation_en-US" xlink:label="lab_bk_SeedCapitalAndOtherFundsMember_FCEC1BAEF4E07118B136DC0182505FA1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Seed Capital And Other Funds [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_SeedCapitalAndOtherFundsMember" xlink:label="loc_bk_SeedCapitalAndOtherFundsMember_FCEC1BAEF4E07118B136DC0182505FA1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SeedCapitalAndOtherFundsMember_FCEC1BAEF4E07118B136DC0182505FA1" xlink:to="lab_bk_SeedCapitalAndOtherFundsMember_FCEC1BAEF4E07118B136DC0182505FA1" xlink:type="arc"/>
<link:label id="lab_us-gaap_PrivateEquityFundsMember_6658CA7D84432CD41603DC0182508EB1_terseLabel_en-US" xlink:label="lab_us-gaap_PrivateEquityFundsMember_6658CA7D84432CD41603DC0182508EB1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Private equity investments </link:label>
<link:label id="lab_us-gaap_PrivateEquityFundsMember_6658CA7D84432CD41603DC0182508EB1_label_en-US" xlink:label="lab_us-gaap_PrivateEquityFundsMember_6658CA7D84432CD41603DC0182508EB1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Private Equity Funds [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PrivateEquityFundsMember" xlink:label="loc_us-gaap_PrivateEquityFundsMember_6658CA7D84432CD41603DC0182508EB1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PrivateEquityFundsMember_6658CA7D84432CD41603DC0182508EB1" xlink:to="lab_us-gaap_PrivateEquityFundsMember_6658CA7D84432CD41603DC0182508EB1" xlink:type="arc"/>
<link:label id="lab_bk_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureLineItems_D5D23DDA9A0F80E3763BDC01825078FD_terseLabel_en-US" xlink:label="lab_bk_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureLineItems_D5D23DDA9A0F80E3763BDC01825078FD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Line Items] </link:label>
<link:label id="lab_bk_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureLineItems_D5D23DDA9A0F80E3763BDC01825078FD_label_en-US" xlink:label="lab_bk_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureLineItems_D5D23DDA9A0F80E3763BDC01825078FD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Line Items] </link:label>
<link:label id="lab_bk_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureLineItems_D5D23DDA9A0F80E3763BDC01825078FD_documentation_en-US" xlink:label="lab_bk_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureLineItems_D5D23DDA9A0F80E3763BDC01825078FD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Line Items] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureLineItems" xlink:label="loc_bk_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureLineItems_D5D23DDA9A0F80E3763BDC01825078FD" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation_FCEC99780A2E1E714A0FCA05B95EFD03_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation_FCEC99780A2E1E714A0FCA05B95EFD03" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Projected benefit obligation </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation_FCEC99780A2E1E714A0FCA05B95EFD03_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation_FCEC99780A2E1E714A0FCA05B95EFD03" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Pension Plan with Accumulated Benefit Obligation in Excess of Plan Assets, Projected Benefit Obligation </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets_ACB812FD60A4DFE306F6CA05B95E1CF8_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets_ACB812FD60A4DFE306F6CA05B95E1CF8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair value of plan assets </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets_ACB812FD60A4DFE306F6CA05B95E1CF8_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets_ACB812FD60A4DFE306F6CA05B95E1CF8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Pension Plan with Accumulated Benefit Obligation in Excess of Plan Assets, Fair Value of Plan Assets </link:label>
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<link:label id="lab_bk_SecuritieslendingindemnificationdetailAxis_761AC98C501B95CBB6A4CA0572C5135E_terseLabel_en-US" xlink:label="lab_bk_SecuritieslendingindemnificationdetailAxis_761AC98C501B95CBB6A4CA0572C5135E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> securities lending indemnification detail [Axis] </link:label>
<link:label id="lab_bk_SecuritieslendingindemnificationdetailAxis_761AC98C501B95CBB6A4CA0572C5135E_label_en-US" xlink:label="lab_bk_SecuritieslendingindemnificationdetailAxis_761AC98C501B95CBB6A4CA0572C5135E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> securities lending indemnification detail [Axis] </link:label>
<link:label id="lab_bk_SecuritieslendingindemnificationdetailAxis_761AC98C501B95CBB6A4CA0572C5135E_documentation_en-US" xlink:label="lab_bk_SecuritieslendingindemnificationdetailAxis_761AC98C501B95CBB6A4CA0572C5135E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> securities lending indemnification detail [Axis] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_SecuritieslendingindemnificationdetailAxis" xlink:label="loc_bk_SecuritieslendingindemnificationdetailAxis_761AC98C501B95CBB6A4CA0572C5135E" xlink:type="locator"/>
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<link:label id="lab_bk_SecuritieslendingindemnificationdetailDomain_AD37EA8C9296BCBAB79DCA0572C67C1B_terseLabel_en-US" xlink:label="lab_bk_SecuritieslendingindemnificationdetailDomain_AD37EA8C9296BCBAB79DCA0572C67C1B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> securities lending indemnification detail [Domain] </link:label>
<link:label id="lab_bk_SecuritieslendingindemnificationdetailDomain_AD37EA8C9296BCBAB79DCA0572C67C1B_label_en-US" xlink:label="lab_bk_SecuritieslendingindemnificationdetailDomain_AD37EA8C9296BCBAB79DCA0572C67C1B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> securities lending indemnification detail [Domain] </link:label>
<link:label id="lab_bk_SecuritieslendingindemnificationdetailDomain_AD37EA8C9296BCBAB79DCA0572C67C1B_documentation_en-US" xlink:label="lab_bk_SecuritieslendingindemnificationdetailDomain_AD37EA8C9296BCBAB79DCA0572C67C1B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> [Domain] for securities lending indemnification detail [Axis] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_SecuritieslendingindemnificationdetailDomain" xlink:label="loc_bk_SecuritieslendingindemnificationdetailDomain_AD37EA8C9296BCBAB79DCA0572C67C1B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SecuritieslendingindemnificationdetailDomain_AD37EA8C9296BCBAB79DCA0572C67C1B" xlink:to="lab_bk_SecuritieslendingindemnificationdetailDomain_AD37EA8C9296BCBAB79DCA0572C67C1B" xlink:type="arc"/>
<link:label id="lab_bk_InvestedinreverserepurchaseagreementsMember_0D79DD7A040F4100EC57CA0572C66174_terseLabel_en-US" xlink:label="lab_bk_InvestedinreverserepurchaseagreementsMember_0D79DD7A040F4100EC57CA0572C66174" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Invested in reverse repurchase agreements [Member] </link:label>
<link:label id="lab_bk_InvestedinreverserepurchaseagreementsMember_0D79DD7A040F4100EC57CA0572C66174_label_en-US" xlink:label="lab_bk_InvestedinreverserepurchaseagreementsMember_0D79DD7A040F4100EC57CA0572C66174" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Invested in reverse repurchase agreements [Member] </link:label>
<link:label id="lab_bk_InvestedinreverserepurchaseagreementsMember_0D79DD7A040F4100EC57CA0572C66174_documentation_en-US" xlink:label="lab_bk_InvestedinreverserepurchaseagreementsMember_0D79DD7A040F4100EC57CA0572C66174" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Invested in reverse repurchase agreements [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_InvestedinreverserepurchaseagreementsMember" xlink:label="loc_bk_InvestedinreverserepurchaseagreementsMember_0D79DD7A040F4100EC57CA0572C66174" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CommitmentsToExtendCreditMember_61FBEB4D44F489487E49CA0572C6A79A_terseLabel_en-US" xlink:label="lab_us-gaap_CommitmentsToExtendCreditMember_61FBEB4D44F489487E49CA0572C6A79A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Lending commitments </link:label>
<link:label id="lab_us-gaap_CommitmentsToExtendCreditMember_61FBEB4D44F489487E49CA0572C6A79A_label_en-US" xlink:label="lab_us-gaap_CommitmentsToExtendCreditMember_61FBEB4D44F489487E49CA0572C6A79A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commitments to Extend Credit [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommitmentsToExtendCreditMember" xlink:label="loc_us-gaap_CommitmentsToExtendCreditMember_61FBEB4D44F489487E49CA0572C6A79A" xlink:type="locator"/>
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<link:label id="lab_bk_SecuritiesLendingIndemnificationAgreementsMember_6D03C31B6F7847489B72CA0572CB6A5E_terseLabel_en-US" xlink:label="lab_bk_SecuritiesLendingIndemnificationAgreementsMember_6D03C31B6F7847489B72CA0572CB6A5E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities lending indemnifications </link:label>
<link:label id="lab_bk_SecuritiesLendingIndemnificationAgreementsMember_6D03C31B6F7847489B72CA0572CB6A5E_label_en-US" xlink:label="lab_bk_SecuritiesLendingIndemnificationAgreementsMember_6D03C31B6F7847489B72CA0572CB6A5E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Lending Indemnification Agreements [Member] </link:label>
<link:label id="lab_bk_SecuritiesLendingIndemnificationAgreementsMember_6D03C31B6F7847489B72CA0572CB6A5E_documentation_en-US" xlink:label="lab_bk_SecuritiesLendingIndemnificationAgreementsMember_6D03C31B6F7847489B72CA0572CB6A5E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securities Lending Indemnification Agreements [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_SecuritiesLendingIndemnificationAgreementsMember" xlink:label="loc_bk_SecuritiesLendingIndemnificationAgreementsMember_6D03C31B6F7847489B72CA0572CB6A5E" xlink:type="locator"/>
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<link:label id="lab_bk_OffBalanceSheetCreditRisk_ED85D8EE91E93193D8DBCA0572CB48B6_terseLabel_en-US" xlink:label="lab_bk_OffBalanceSheetCreditRisk_ED85D8EE91E93193D8DBCA0572CB48B6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Off-balance sheet credit risks </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_OffBalanceSheetCreditRisk" xlink:label="loc_bk_OffBalanceSheetCreditRisk_ED85D8EE91E93193D8DBCA0572CB48B6" xlink:type="locator"/>
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<link:label id="lab_bk_OffBalanceSheetCreditRisksParticipationsAmount_E389CE41D7757F5E5534CA0572CB45A4_terseLabel_en-US" xlink:label="lab_bk_OffBalanceSheetCreditRisksParticipationsAmount_E389CE41D7757F5E5534CA0572CB45A4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Off-balance sheet credit risks participations </link:label>
<link:label id="lab_bk_OffBalanceSheetCreditRisksParticipationsAmount_E389CE41D7757F5E5534CA0572CB45A4_label_en-US" xlink:label="lab_bk_OffBalanceSheetCreditRisksParticipationsAmount_E389CE41D7757F5E5534CA0572CB45A4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Off Balance Sheet Credit Risks Participations Amount </link:label>
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<link:loc xlink:href="bk-20171231.xsd#bk_OffBalanceSheetCreditRisksParticipationsAmount" xlink:label="loc_bk_OffBalanceSheetCreditRisksParticipationsAmount_E389CE41D7757F5E5534CA0572CB45A4" xlink:type="locator"/>
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<link:label id="lab_bk_Cashcollateralinvestedinindemnifiedrepurchaseagreements_A96D43921EE0EB5D05DDCA0572CBAEF2_terseLabel_en-US" xlink:label="lab_bk_Cashcollateralinvestedinindemnifiedrepurchaseagreements_A96D43921EE0EB5D05DDCA0572CBAEF2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash collateral invested in indemnified repurchase agreements </link:label>
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<link:loc xlink:href="bk-20171231.xsd#bk_Cashcollateralinvestedinindemnifiedrepurchaseagreements" xlink:label="loc_bk_Cashcollateralinvestedinindemnifiedrepurchaseagreements_A96D43921EE0EB5D05DDCA0572CBAEF2" xlink:type="locator"/>
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<link:label id="lab_bk_RealizedSecuritiesGrossGains_142F4851722D339BA1D7D2FE708AFFD4_terseLabel_en-US" xlink:label="lab_bk_RealizedSecuritiesGrossGains_142F4851722D339BA1D7D2FE708AFFD4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Realized gross gains </link:label>
<link:label id="lab_bk_RealizedSecuritiesGrossGains_142F4851722D339BA1D7D2FE708AFFD4_label_en-US" xlink:label="lab_bk_RealizedSecuritiesGrossGains_142F4851722D339BA1D7D2FE708AFFD4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Realized Securities Gross Gains </link:label>
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<link:loc xlink:href="bk-20171231.xsd#bk_RealizedSecuritiesGrossGains" xlink:label="loc_bk_RealizedSecuritiesGrossGains_142F4851722D339BA1D7D2FE708AFFD4" xlink:type="locator"/>
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<link:label id="lab_bk_RealizedSecuritiesGrossLosses_D0984D6B0ED228E4BC92D2FE708A78DE_documentation_en-US" xlink:label="lab_bk_RealizedSecuritiesGrossLosses_D0984D6B0ED228E4BC92D2FE708A78DE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Realized Securities Gross Losses on sale </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_RealizedSecuritiesGrossLosses" xlink:label="loc_bk_RealizedSecuritiesGrossLosses_D0984D6B0ED228E4BC92D2FE708A78DE" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_D81E609C4AE59D9F0AD3D2FE708A09B3_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_D81E609C4AE59D9F0AD3D2FE708A09B3" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Recognized gross impairments </link:label>
<link:label id="lab_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_D81E609C4AE59D9F0AD3D2FE708A09B3_label_en-US" xlink:label="lab_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_D81E609C4AE59D9F0AD3D2FE708A09B3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="loc_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_D81E609C4AE59D9F0AD3D2FE708A09B3" xlink:type="locator"/>
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<link:label id="lab_bk_DefinedBenefitPlanPrepaidBenefitCost_96E21B565880731DF593CA34D9563475_verboseLabel_en-US" xlink:label="lab_bk_DefinedBenefitPlanPrepaidBenefitCost_96E21B565880731DF593CA34D9563475" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Prepaid pension assets </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_DefinedBenefitPlanPrepaidBenefitCost" xlink:label="loc_bk_DefinedBenefitPlanPrepaidBenefitCost_96E21B565880731DF593CA34D9563475" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_DefinedBenefitPlanPrepaidBenefitCost_96E21B565880731DF593CA34D9563475" xlink:to="lab_bk_DefinedBenefitPlanPrepaidBenefitCost_96E21B565880731DF593CA34D9563475" xlink:type="arc"/>
<link:label id="lab_bk_DefinedBenefitPlanAccruedBenefitCost_4A688B0334CBF164BDC6CA34D9562CC5_negatedLabel_en-US" xlink:label="lab_bk_DefinedBenefitPlanAccruedBenefitCost_4A688B0334CBF164BDC6CA34D9562CC5" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Accrued benefit cost </link:label>
<link:label id="lab_bk_DefinedBenefitPlanAccruedBenefitCost_4A688B0334CBF164BDC6CA34D9562CC5_label_en-US" xlink:label="lab_bk_DefinedBenefitPlanAccruedBenefitCost_4A688B0334CBF164BDC6CA34D9562CC5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan Accrued Benefit Cost </link:label>
<link:label id="lab_bk_DefinedBenefitPlanAccruedBenefitCost_4A688B0334CBF164BDC6CA34D9562CC5_documentation_en-US" xlink:label="lab_bk_DefinedBenefitPlanAccruedBenefitCost_4A688B0334CBF164BDC6CA34D9562CC5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The aggregated funded status of all underfunded plans, which is recognized as a liability in the statement of financial position. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_DefinedBenefitPlanAccruedBenefitCost" xlink:label="loc_bk_DefinedBenefitPlanAccruedBenefitCost_4A688B0334CBF164BDC6CA34D9562CC5" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheet_4A051D66894318454419CA34D9566FB6_totalLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheet_4A051D66894318454419CA34D9566FB6" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total benefits </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheet_4A051D66894318454419CA34D9566FB6_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheet_4A051D66894318454419CA34D9566FB6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Amounts for Asset (Liability) Recognized in Statement of Financial Position </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheet" xlink:label="loc_us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheet_4A051D66894318454419CA34D9566FB6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheet_4A051D66894318454419CA34D9566FB6" xlink:to="lab_us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheet_4A051D66894318454419CA34D9566FB6" xlink:type="arc"/>
<link:label id="lab_bk_FairValueHedgeOfSecuritiesMember_D5435724E4CB99222348CA05B738C3B9_terseLabel_en-US" xlink:label="lab_bk_FairValueHedgeOfSecuritiesMember_D5435724E4CB99222348CA05B738C3B9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair value hedges of securities </link:label>
<link:label id="lab_bk_FairValueHedgeOfSecuritiesMember_D5435724E4CB99222348CA05B738C3B9_label_en-US" xlink:label="lab_bk_FairValueHedgeOfSecuritiesMember_D5435724E4CB99222348CA05B738C3B9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Hedge Of Securities [Member] </link:label>
<link:label id="lab_bk_FairValueHedgeOfSecuritiesMember_D5435724E4CB99222348CA05B738C3B9_documentation_en-US" xlink:label="lab_bk_FairValueHedgeOfSecuritiesMember_D5435724E4CB99222348CA05B738C3B9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fair Value Hedge of Securities [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_FairValueHedgeOfSecuritiesMember" xlink:label="loc_bk_FairValueHedgeOfSecuritiesMember_D5435724E4CB99222348CA05B738C3B9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_FairValueHedgeOfSecuritiesMember_D5435724E4CB99222348CA05B738C3B9" xlink:to="lab_bk_FairValueHedgeOfSecuritiesMember_D5435724E4CB99222348CA05B738C3B9" xlink:type="arc"/>
<link:label id="lab_bk_FairValueHedgeOfLongTermDebtMember_61CF1E34F45730294BAECA05B738A34F_terseLabel_en-US" xlink:label="lab_bk_FairValueHedgeOfLongTermDebtMember_61CF1E34F45730294BAECA05B738A34F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair value hedges of long-term debt </link:label>
<link:label id="lab_bk_FairValueHedgeOfLongTermDebtMember_61CF1E34F45730294BAECA05B738A34F_label_en-US" xlink:label="lab_bk_FairValueHedgeOfLongTermDebtMember_61CF1E34F45730294BAECA05B738A34F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Hedge Of Long Term Debt [Member] </link:label>
<link:label id="lab_bk_FairValueHedgeOfLongTermDebtMember_61CF1E34F45730294BAECA05B738A34F_documentation_en-US" xlink:label="lab_bk_FairValueHedgeOfLongTermDebtMember_61CF1E34F45730294BAECA05B738A34F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fair Value Hedge of Long-Term Debt [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_FairValueHedgeOfLongTermDebtMember" xlink:label="loc_bk_FairValueHedgeOfLongTermDebtMember_61CF1E34F45730294BAECA05B738A34F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_FairValueHedgeOfLongTermDebtMember_61CF1E34F45730294BAECA05B738A34F" xlink:to="lab_bk_FairValueHedgeOfLongTermDebtMember_61CF1E34F45730294BAECA05B738A34F" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherContractMember_2CEF10C1312083FD68AACA05B738F8D6_terseLabel_en-US" xlink:label="lab_us-gaap_OtherContractMember_2CEF10C1312083FD68AACA05B738F8D6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other </link:label>
<link:label id="lab_us-gaap_OtherContractMember_2CEF10C1312083FD68AACA05B738F8D6_label_en-US" xlink:label="lab_us-gaap_OtherContractMember_2CEF10C1312083FD68AACA05B738F8D6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Contract [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherContractMember" xlink:label="loc_us-gaap_OtherContractMember_2CEF10C1312083FD68AACA05B738F8D6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherContractMember_2CEF10C1312083FD68AACA05B738F8D6" xlink:to="lab_us-gaap_OtherContractMember_2CEF10C1312083FD68AACA05B738F8D6" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeNetHedgeIneffectivenessGainLoss_6798A7AA972AF6C820E3CA05B7385DA0_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeNetHedgeIneffectivenessGainLoss_6798A7AA972AF6C820E3CA05B7385DA0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Ineffectiveness related to derivatives and hedging relationships </link:label>
<link:label id="lab_us-gaap_DerivativeNetHedgeIneffectivenessGainLoss_6798A7AA972AF6C820E3CA05B7385DA0_label_en-US" xlink:label="lab_us-gaap_DerivativeNetHedgeIneffectivenessGainLoss_6798A7AA972AF6C820E3CA05B7385DA0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative, Net Hedge Ineffectiveness Gain (Loss) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DerivativeNetHedgeIneffectivenessGainLoss" xlink:label="loc_us-gaap_DerivativeNetHedgeIneffectivenessGainLoss_6798A7AA972AF6C820E3CA05B7385DA0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeNetHedgeIneffectivenessGainLoss_6798A7AA972AF6C820E3CA05B7385DA0" xlink:to="lab_us-gaap_DerivativeNetHedgeIneffectivenessGainLoss_6798A7AA972AF6C820E3CA05B7385DA0" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueMeasurementsNonrecurringMember_27929C2753719CA38BC3CA05B7A4EC8F_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsNonrecurringMember_27929C2753719CA38BC3CA05B7A4EC8F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Measured at fair value on a nonrecurring basis </link:label>
<link:label id="lab_us-gaap_FairValueMeasurementsNonrecurringMember_27929C2753719CA38BC3CA05B7A4EC8F_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsNonrecurringMember_27929C2753719CA38BC3CA05B7A4EC8F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurements, Nonrecurring [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueMeasurementsNonrecurringMember" xlink:label="loc_us-gaap_FairValueMeasurementsNonrecurringMember_27929C2753719CA38BC3CA05B7A4EC8F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementsNonrecurringMember_27929C2753719CA38BC3CA05B7A4EC8F" xlink:to="lab_us-gaap_FairValueMeasurementsNonrecurringMember_27929C2753719CA38BC3CA05B7A4EC8F" xlink:type="arc"/>
<link:label id="lab_bk_IncreaseDecreaseInFairValueOfLoansMeasuredOnNonrecurringBasisBasedOnFairValueOfUnderlyingCollateral_E78EFA2DD6EFCA20C2E8CA05B7AA0307_negatedLabel_en-US" xlink:label="lab_bk_IncreaseDecreaseInFairValueOfLoansMeasuredOnNonrecurringBasisBasedOnFairValueOfUnderlyingCollateral_E78EFA2DD6EFCA20C2E8CA05B7AA0307" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Decrease in fair value of loans of underlying collateral </link:label>
<link:label id="lab_bk_IncreaseDecreaseInFairValueOfLoansMeasuredOnNonrecurringBasisBasedOnFairValueOfUnderlyingCollateral_E78EFA2DD6EFCA20C2E8CA05B7AA0307_label_en-US" xlink:label="lab_bk_IncreaseDecreaseInFairValueOfLoansMeasuredOnNonrecurringBasisBasedOnFairValueOfUnderlyingCollateral_E78EFA2DD6EFCA20C2E8CA05B7AA0307" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) In Fair Value Of Loans Measured On Nonrecurring Basis Based On Fair Value Of Underlying Collateral </link:label>
<link:label id="lab_bk_IncreaseDecreaseInFairValueOfLoansMeasuredOnNonrecurringBasisBasedOnFairValueOfUnderlyingCollateral_E78EFA2DD6EFCA20C2E8CA05B7AA0307_documentation_en-US" xlink:label="lab_bk_IncreaseDecreaseInFairValueOfLoansMeasuredOnNonrecurringBasisBasedOnFairValueOfUnderlyingCollateral_E78EFA2DD6EFCA20C2E8CA05B7AA0307" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Change in fair value of loans measured on nonrecurring basis based on the fair value of the underlying collateral with an offset to the allowance for credit losses. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_IncreaseDecreaseInFairValueOfLoansMeasuredOnNonrecurringBasisBasedOnFairValueOfUnderlyingCollateral" xlink:label="loc_bk_IncreaseDecreaseInFairValueOfLoansMeasuredOnNonrecurringBasisBasedOnFairValueOfUnderlyingCollateral_E78EFA2DD6EFCA20C2E8CA05B7AA0307" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_IncreaseDecreaseInFairValueOfLoansMeasuredOnNonrecurringBasisBasedOnFairValueOfUnderlyingCollateral_E78EFA2DD6EFCA20C2E8CA05B7AA0307" xlink:to="lab_bk_IncreaseDecreaseInFairValueOfLoansMeasuredOnNonrecurringBasisBasedOnFairValueOfUnderlyingCollateral_E78EFA2DD6EFCA20C2E8CA05B7AA0307" xlink:type="arc"/>
<link:label id="lab_bk_DeferredTaxLiabilitiesDepreciationAndAmortization_5E252B0A36535D708100D2BD8A97D1CB_terseLabel_en-US" xlink:label="lab_bk_DeferredTaxLiabilitiesDepreciationAndAmortization_5E252B0A36535D708100D2BD8A97D1CB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Depreciation and amortization </link:label>
<link:label id="lab_bk_DeferredTaxLiabilitiesDepreciationAndAmortization_5E252B0A36535D708100D2BD8A97D1CB_label_en-US" xlink:label="lab_bk_DeferredTaxLiabilitiesDepreciationAndAmortization_5E252B0A36535D708100D2BD8A97D1CB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred Tax Liabilities Depreciation And Amortization </link:label>
<link:label id="lab_bk_DeferredTaxLiabilitiesDepreciationAndAmortization_5E252B0A36535D708100D2BD8A97D1CB_documentation_en-US" xlink:label="lab_bk_DeferredTaxLiabilitiesDepreciationAndAmortization_5E252B0A36535D708100D2BD8A97D1CB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Deferred Tax Liabilities, Depreciation and Amortization </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_DeferredTaxLiabilitiesDepreciationAndAmortization" xlink:label="loc_bk_DeferredTaxLiabilitiesDepreciationAndAmortization_5E252B0A36535D708100D2BD8A97D1CB" xlink:type="locator"/>
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<link:label id="lab_bk_TaxCutsAndJobsActOf2017IncompleteAccountingUndistributedAccumulatedEarningsOfForeignSubsidiaryProvisionalUnrecognizedDeferredTaxLiability_6800B4859DFB8A2B05A9D2BD8A9905BB_terseLabel_en-US" xlink:label="lab_bk_TaxCutsAndJobsActOf2017IncompleteAccountingUndistributedAccumulatedEarningsOfForeignSubsidiaryProvisionalUnrecognizedDeferredTaxLiability_6800B4859DFB8A2B05A9D2BD8A9905BB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Repatriation </link:label>
<link:label id="lab_bk_TaxCutsAndJobsActOf2017IncompleteAccountingUndistributedAccumulatedEarningsOfForeignSubsidiaryProvisionalUnrecognizedDeferredTaxLiability_6800B4859DFB8A2B05A9D2BD8A9905BB_label_en-US" xlink:label="lab_bk_TaxCutsAndJobsActOf2017IncompleteAccountingUndistributedAccumulatedEarningsOfForeignSubsidiaryProvisionalUnrecognizedDeferredTaxLiability_6800B4859DFB8A2B05A9D2BD8A9905BB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tax Cuts And Jobs Act Of 2017 Incomplete Accounting Undistributed Accumulated Earnings Of Foreign Subsidiary Provisional Unrecognized Deferred Tax Liability </link:label>
<link:label id="lab_bk_TaxCutsAndJobsActOf2017IncompleteAccountingUndistributedAccumulatedEarningsOfForeignSubsidiaryProvisionalUnrecognizedDeferredTaxLiability_6800B4859DFB8A2B05A9D2BD8A9905BB_documentation_en-US" xlink:label="lab_bk_TaxCutsAndJobsActOf2017IncompleteAccountingUndistributedAccumulatedEarningsOfForeignSubsidiaryProvisionalUnrecognizedDeferredTaxLiability_6800B4859DFB8A2B05A9D2BD8A9905BB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Amount of reasonable estimate for deferred tax liability not recognized on undistributed accumulated earnings of foreign subsidiary intended to be permanently reinvested outside country of domicile for which accounting for tax effect is incomplete pursuant to Tax Cuts and Jobs Act of 2017. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_TaxCutsAndJobsActOf2017IncompleteAccountingUndistributedAccumulatedEarningsOfForeignSubsidiaryProvisionalUnrecognizedDeferredTaxLiability" xlink:label="loc_bk_TaxCutsAndJobsActOf2017IncompleteAccountingUndistributedAccumulatedEarningsOfForeignSubsidiaryProvisionalUnrecognizedDeferredTaxLiability_6800B4859DFB8A2B05A9D2BD8A9905BB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DeferredTaxLiabilitiesLeasingArrangements_4613A5D9217647F71E1DD2BD8A9998F1_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesLeasingArrangements_4613A5D9217647F71E1DD2BD8A9998F1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Lease financings </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PledgedAssetsNotSeparatelyReportedOnStatementOfFinancialPosition" xlink:label="loc_us-gaap_PledgedAssetsNotSeparatelyReportedOnStatementOfFinancialPosition_F02CD7DE773A2B0F205ACA05BAC791A5" xlink:type="locator"/>
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<link:label id="lab_bk_PledgedAssetsOtherNotSeparatelyReportedonStatementofFinancialPositionPotentialBorrowingsattheFederalReserveDiscountWindow_2D62779D3523EB49C847CA05BAC824A4_terseLabel_en-US" xlink:label="lab_bk_PledgedAssetsOtherNotSeparatelyReportedonStatementofFinancialPositionPotentialBorrowingsattheFederalReserveDiscountWindow_2D62779D3523EB49C847CA05BAC824A4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pledged collateral for potential borrowings at the Federal Reserve Discount Window </link:label>
<link:label id="lab_bk_PledgedAssetsOtherNotSeparatelyReportedonStatementofFinancialPositionPotentialBorrowingsattheFederalReserveDiscountWindow_2D62779D3523EB49C847CA05BAC824A4_label_en-US" xlink:label="lab_bk_PledgedAssetsOtherNotSeparatelyReportedonStatementofFinancialPositionPotentialBorrowingsattheFederalReserveDiscountWindow_2D62779D3523EB49C847CA05BAC824A4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pledged Assets, Other, Not Separately Reported on Statement of Financial Position, Potential Borrowings at the Federal Reserve Discount Window </link:label>
<link:label id="lab_bk_PledgedAssetsOtherNotSeparatelyReportedonStatementofFinancialPositionPotentialBorrowingsattheFederalReserveDiscountWindow_2D62779D3523EB49C847CA05BAC824A4_documentation_en-US" xlink:label="lab_bk_PledgedAssetsOtherNotSeparatelyReportedonStatementofFinancialPositionPotentialBorrowingsattheFederalReserveDiscountWindow_2D62779D3523EB49C847CA05BAC824A4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Pledged Assets, Other, Not Separately Reported on Statement of Financial Position, Potential Borrowings at the Federal Reserve Discount Window </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_PledgedAssetsOtherNotSeparatelyReportedonStatementofFinancialPositionPotentialBorrowingsattheFederalReserveDiscountWindow" xlink:label="loc_bk_PledgedAssetsOtherNotSeparatelyReportedonStatementofFinancialPositionPotentialBorrowingsattheFederalReserveDiscountWindow_2D62779D3523EB49C847CA05BAC824A4" xlink:type="locator"/>
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<link:label id="lab_bk_PledgedAssetOtherNotSeparatelyReportedonStatementofFinancialPositionPotentialBorrowingsattheFederalHomeLoanBank_8F9EF8BF718DEFCFC522CA05BAC851DC_terseLabel_en-US" xlink:label="lab_bk_PledgedAssetOtherNotSeparatelyReportedonStatementofFinancialPositionPotentialBorrowingsattheFederalHomeLoanBank_8F9EF8BF718DEFCFC522CA05BAC851DC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pledged Asset, Other, Not Separately Reported on Statement of Financial Position, Potential Borrowings at the Federal Home Loan Bank </link:label>
<link:label id="lab_bk_PledgedAssetOtherNotSeparatelyReportedonStatementofFinancialPositionPotentialBorrowingsattheFederalHomeLoanBank_8F9EF8BF718DEFCFC522CA05BAC851DC_label_en-US" xlink:label="lab_bk_PledgedAssetOtherNotSeparatelyReportedonStatementofFinancialPositionPotentialBorrowingsattheFederalHomeLoanBank_8F9EF8BF718DEFCFC522CA05BAC851DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pledged Asset, Other, Not Separately Reported on Statement of Financial Position, Potential Borrowings at the Federal Home Loan Bank </link:label>
<link:label id="lab_bk_PledgedAssetOtherNotSeparatelyReportedonStatementofFinancialPositionPotentialBorrowingsattheFederalHomeLoanBank_8F9EF8BF718DEFCFC522CA05BAC851DC_documentation_en-US" xlink:label="lab_bk_PledgedAssetOtherNotSeparatelyReportedonStatementofFinancialPositionPotentialBorrowingsattheFederalHomeLoanBank_8F9EF8BF718DEFCFC522CA05BAC851DC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Pledged Asset, Other, Not Separately Reported on Statement of Financial Position, Potential Borrowings at the Federal Home Loan Bank </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_PledgedAssetOtherNotSeparatelyReportedonStatementofFinancialPositionPotentialBorrowingsattheFederalHomeLoanBank" xlink:label="loc_bk_PledgedAssetOtherNotSeparatelyReportedonStatementofFinancialPositionPotentialBorrowingsattheFederalHomeLoanBank_8F9EF8BF718DEFCFC522CA05BAC851DC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_PledgedAssetOtherNotSeparatelyReportedonStatementofFinancialPositionPotentialBorrowingsattheFederalHomeLoanBank_8F9EF8BF718DEFCFC522CA05BAC851DC" xlink:to="lab_bk_PledgedAssetOtherNotSeparatelyReportedonStatementofFinancialPositionPotentialBorrowingsattheFederalHomeLoanBank_8F9EF8BF718DEFCFC522CA05BAC851DC" xlink:type="arc"/>
<link:label id="lab_us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged_9CEDA3D0F39092807A14CA05BAC8390A_terseLabel_en-US" xlink:label="lab_us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged_9CEDA3D0F39092807A14CA05BAC8390A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pledged securities </link:label>
<link:label id="lab_us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged_9CEDA3D0F39092807A14CA05BAC8390A_label_en-US" xlink:label="lab_us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged_9CEDA3D0F39092807A14CA05BAC8390A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pledged Financial Instruments, Not Separately Reported, Securities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged" xlink:label="loc_us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged_9CEDA3D0F39092807A14CA05BAC8390A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged_9CEDA3D0F39092807A14CA05BAC8390A" xlink:to="lab_us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged_9CEDA3D0F39092807A14CA05BAC8390A" xlink:type="arc"/>
<link:label id="lab_us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedLoansReceivablePledgedAsCollateral_30028B3CF5409774ACF9CA05BAC8C12D_terseLabel_en-US" xlink:label="lab_us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedLoansReceivablePledgedAsCollateral_30028B3CF5409774ACF9CA05BAC8C12D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pledged loans </link:label>
<link:label id="lab_us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedLoansReceivablePledgedAsCollateral_30028B3CF5409774ACF9CA05BAC8C12D_label_en-US" xlink:label="lab_us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedLoansReceivablePledgedAsCollateral_30028B3CF5409774ACF9CA05BAC8C12D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pledged Financial Instruments, Not Separately Reported, Loans Receivable Pledged as Collateral </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedLoansReceivablePledgedAsCollateral" xlink:label="loc_us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedLoansReceivablePledgedAsCollateral_30028B3CF5409774ACF9CA05BAC8C12D" xlink:type="locator"/>
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<link:label id="lab_bk_PledgedFinancialInstrumentsNotSeparatelyReportedTradeAssetsPledgedasCollateral_5BF4A7DFC8A4E7E4A778CA05BAC87ED2_terseLabel_en-US" xlink:label="lab_bk_PledgedFinancialInstrumentsNotSeparatelyReportedTradeAssetsPledgedasCollateral_5BF4A7DFC8A4E7E4A778CA05BAC87ED2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pledged trading assets </link:label>
<link:label id="lab_bk_PledgedFinancialInstrumentsNotSeparatelyReportedTradeAssetsPledgedasCollateral_5BF4A7DFC8A4E7E4A778CA05BAC87ED2_label_en-US" xlink:label="lab_bk_PledgedFinancialInstrumentsNotSeparatelyReportedTradeAssetsPledgedasCollateral_5BF4A7DFC8A4E7E4A778CA05BAC87ED2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pledged Financial Instruments, Not Separately Reported, Trade Assets Pledged as Collateral </link:label>
<link:label id="lab_bk_PledgedFinancialInstrumentsNotSeparatelyReportedTradeAssetsPledgedasCollateral_5BF4A7DFC8A4E7E4A778CA05BAC87ED2_documentation_en-US" xlink:label="lab_bk_PledgedFinancialInstrumentsNotSeparatelyReportedTradeAssetsPledgedasCollateral_5BF4A7DFC8A4E7E4A778CA05BAC87ED2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Pledged Financial Instruments, Not Separately Reported, Trade Assets Pledged as Collateral </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_PledgedFinancialInstrumentsNotSeparatelyReportedTradeAssetsPledgedasCollateral" xlink:label="loc_bk_PledgedFinancialInstrumentsNotSeparatelyReportedTradeAssetsPledgedasCollateral_5BF4A7DFC8A4E7E4A778CA05BAC87ED2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_PledgedFinancialInstrumentsNotSeparatelyReportedTradeAssetsPledgedasCollateral_5BF4A7DFC8A4E7E4A778CA05BAC87ED2" xlink:to="lab_bk_PledgedFinancialInstrumentsNotSeparatelyReportedTradeAssetsPledgedasCollateral_5BF4A7DFC8A4E7E4A778CA05BAC87ED2" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancialInstrumentsOwnedAndPledgedAsCollateralAmountEligibleToBeRepledgedByCounterparty_935C8FF519026D6F56F9CA05BAC830B3_terseLabel_en-US" xlink:label="lab_us-gaap_FinancialInstrumentsOwnedAndPledgedAsCollateralAmountEligibleToBeRepledgedByCounterparty_935C8FF519026D6F56F9CA05BAC830B3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financial Instruments Owned and Pledged as Collateral, Amount Eligible to be Repledged by Counterparty </link:label>
<link:label id="lab_us-gaap_FinancialInstrumentsOwnedAndPledgedAsCollateralAmountEligibleToBeRepledgedByCounterparty_935C8FF519026D6F56F9CA05BAC830B3_label_en-US" xlink:label="lab_us-gaap_FinancialInstrumentsOwnedAndPledgedAsCollateralAmountEligibleToBeRepledgedByCounterparty_935C8FF519026D6F56F9CA05BAC830B3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financial Instruments Owned and Pledged as Collateral, Amount Eligible to be Repledged by Counterparty </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinancialInstrumentsOwnedAndPledgedAsCollateralAmountEligibleToBeRepledgedByCounterparty" xlink:label="loc_us-gaap_FinancialInstrumentsOwnedAndPledgedAsCollateralAmountEligibleToBeRepledgedByCounterparty_935C8FF519026D6F56F9CA05BAC830B3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancialInstrumentsOwnedAndPledgedAsCollateralAmountEligibleToBeRepledgedByCounterparty_935C8FF519026D6F56F9CA05BAC830B3" xlink:to="lab_us-gaap_FinancialInstrumentsOwnedAndPledgedAsCollateralAmountEligibleToBeRepledgedByCounterparty_935C8FF519026D6F56F9CA05BAC830B3" xlink:type="arc"/>
<link:label id="lab_bk_PledgedAssetsNotSeparatelyReportedOtherAssetsPledgedAsCollateral_BC8C1395293332AC34A9CA05BAC81E3C_terseLabel_en-US" xlink:label="lab_bk_PledgedAssetsNotSeparatelyReportedOtherAssetsPledgedAsCollateral_BC8C1395293332AC34A9CA05BAC81E3C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pledged interest-bearing deposits </link:label>
<link:label id="lab_bk_PledgedAssetsNotSeparatelyReportedOtherAssetsPledgedAsCollateral_BC8C1395293332AC34A9CA05BAC81E3C_label_en-US" xlink:label="lab_bk_PledgedAssetsNotSeparatelyReportedOtherAssetsPledgedAsCollateral_BC8C1395293332AC34A9CA05BAC81E3C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pledged Assets Not Separately Reported Other Assets Pledged As Collateral </link:label>
<link:label id="lab_bk_PledgedAssetsNotSeparatelyReportedOtherAssetsPledgedAsCollateral_BC8C1395293332AC34A9CA05BAC81E3C_documentation_en-US" xlink:label="lab_bk_PledgedAssetsNotSeparatelyReportedOtherAssetsPledgedAsCollateral_BC8C1395293332AC34A9CA05BAC81E3C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Assets pledged primarily for potential borrowing at the Fed discount window-other assets. </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_PledgedAssetsNotSeparatelyReportedOtherAssetsPledgedAsCollateral" xlink:label="loc_bk_PledgedAssetsNotSeparatelyReportedOtherAssetsPledgedAsCollateral_BC8C1395293332AC34A9CA05BAC81E3C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_PledgedAssetsNotSeparatelyReportedOtherAssetsPledgedAsCollateral_BC8C1395293332AC34A9CA05BAC81E3C" xlink:to="lab_bk_PledgedAssetsNotSeparatelyReportedOtherAssetsPledgedAsCollateral_BC8C1395293332AC34A9CA05BAC81E3C" xlink:type="arc"/>
<link:label id="lab_us-gaap_CustomerSecuritiesForWhichEntityHasRightToSellOrRepledgeFairValue_4F1864C3353B5903F1EACA05BAC870EB_terseLabel_en-US" xlink:label="lab_us-gaap_CustomerSecuritiesForWhichEntityHasRightToSellOrRepledgeFairValue_4F1864C3353B5903F1EACA05BAC870EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pledged assets permitted to be sold or repledged </link:label>
<link:label id="lab_us-gaap_CustomerSecuritiesForWhichEntityHasRightToSellOrRepledgeFairValue_4F1864C3353B5903F1EACA05BAC870EB_label_en-US" xlink:label="lab_us-gaap_CustomerSecuritiesForWhichEntityHasRightToSellOrRepledgeFairValue_4F1864C3353B5903F1EACA05BAC870EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Customer Securities for which Entity has Right to Sell or Repledge, Fair Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CustomerSecuritiesForWhichEntityHasRightToSellOrRepledgeFairValue" xlink:label="loc_us-gaap_CustomerSecuritiesForWhichEntityHasRightToSellOrRepledgeFairValue_4F1864C3353B5903F1EACA05BAC870EB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatHaveBeenResoldOrRepledged_7C3F33651EBD8D3EA78DCA05BAC8EAF1_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatHaveBeenResoldOrRepledged_7C3F33651EBD8D3EA78DCA05BAC8EAF1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Market value of securities received as collateral that have been sold or repledged </link:label>
<link:label id="lab_us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatHaveBeenResoldOrRepledged_7C3F33651EBD8D3EA78DCA05BAC8EAF1_label_en-US" xlink:label="lab_us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatHaveBeenResoldOrRepledged_7C3F33651EBD8D3EA78DCA05BAC8EAF1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value of Securities Received as Collateral that Have Been Resold or Repledged </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatHaveBeenResoldOrRepledged" xlink:label="loc_us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatHaveBeenResoldOrRepledged_7C3F33651EBD8D3EA78DCA05BAC8EAF1" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CashSegregatedUnderOtherRegulations_2AB85F41E5F397D226E4CA05BAC802F8_terseLabel_en-US" xlink:label="lab_us-gaap_CashSegregatedUnderOtherRegulations_2AB85F41E5F397D226E4CA05BAC802F8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash segregated under federal or other regulations </link:label>
<link:label id="lab_us-gaap_CashSegregatedUnderOtherRegulations_2AB85F41E5F397D226E4CA05BAC802F8_label_en-US" xlink:label="lab_us-gaap_CashSegregatedUnderOtherRegulations_2AB85F41E5F397D226E4CA05BAC802F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash Segregated under Other Regulations </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashSegregatedUnderOtherRegulations" xlink:label="loc_us-gaap_CashSegregatedUnderOtherRegulations_2AB85F41E5F397D226E4CA05BAC802F8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SecuritiesSegregatedUnderOtherRegulations_F38D23A5BE6B6EFFC6A7CA05BAC80884_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesSegregatedUnderOtherRegulations_F38D23A5BE6B6EFFC6A7CA05BAC80884" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities segregated under federal or other regulations </link:label>
<link:label id="lab_us-gaap_SecuritiesSegregatedUnderOtherRegulations_F38D23A5BE6B6EFFC6A7CA05BAC80884_label_en-US" xlink:label="lab_us-gaap_SecuritiesSegregatedUnderOtherRegulations_F38D23A5BE6B6EFFC6A7CA05BAC80884" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Segregated under Other Regulations </link:label>
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<link:label id="lab_us-gaap_InterestIncomeAndInterestExpenseDisclosureTextBlock_FB4802A10735B9020E04CA05BA5762F2_terseLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeAndInterestExpenseDisclosureTextBlock_FB4802A10735B9020E04CA05BA5762F2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net interest revenue </link:label>
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<link:label id="lab_us-gaap_ScheduleOfFinancingReceivableAllowanceForCreditLossesTable_EDE7C0A1F4E332FA0FEDCA05BAB1FCCB_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfFinancingReceivableAllowanceForCreditLossesTable_EDE7C0A1F4E332FA0FEDCA05BAB1FCCB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Financing Receivable, Allowance for Credit Losses [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfFinancingReceivableAllowanceForCreditLossesTable_EDE7C0A1F4E332FA0FEDCA05BAB1FCCB_label_en-US" xlink:label="lab_us-gaap_ScheduleOfFinancingReceivableAllowanceForCreditLossesTable_EDE7C0A1F4E332FA0FEDCA05BAB1FCCB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Financing Receivable, Allowance for Credit Losses [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfFinancingReceivableAllowanceForCreditLossesTable" xlink:label="loc_us-gaap_ScheduleOfFinancingReceivableAllowanceForCreditLossesTable_EDE7C0A1F4E332FA0FEDCA05BAB1FCCB" xlink:type="locator"/>
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<link:label id="lab_bk_AllOtherMember_FDA0CE8EA355F15E1072CA05BAB10121_label_en-US" xlink:label="lab_bk_AllOtherMember_FDA0CE8EA355F15E1072CA05BAB10121" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> All Other [Member] </link:label>
<link:label id="lab_bk_AllOtherMember_FDA0CE8EA355F15E1072CA05BAB10121_documentation_en-US" xlink:label="lab_bk_AllOtherMember_FDA0CE8EA355F15E1072CA05BAB10121" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> All Other [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_AllOtherMember" xlink:label="loc_bk_AllOtherMember_FDA0CE8EA355F15E1072CA05BAB10121" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AllOtherMember_FDA0CE8EA355F15E1072CA05BAB10121" xlink:to="lab_bk_AllOtherMember_FDA0CE8EA355F15E1072CA05BAB10121" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesLineItems_CD49319E7D22AC8FB95ACA05BAB252EB_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesLineItems_CD49319E7D22AC8FB95ACA05BAB252EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Allowance for Credit Losses [Line Items] </link:label>
<link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesLineItems_CD49319E7D22AC8FB95ACA05BAB252EB_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesLineItems_CD49319E7D22AC8FB95ACA05BAB252EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Allowance for Credit Losses [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinancingReceivableAllowanceForCreditLossesLineItems" xlink:label="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesLineItems_CD49319E7D22AC8FB95ACA05BAB252EB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesRollForward_8A855AA2CF687E419DF3CA05BAB2A1AC_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesRollForward_8A855AA2CF687E419DF3CA05BAB2A1AC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Allowance for Credit Losses [Roll Forward] </link:label>
<link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesRollForward_8A855AA2CF687E419DF3CA05BAB2A1AC_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesRollForward_8A855AA2CF687E419DF3CA05BAB2A1AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Allowance for Credit Losses [Roll Forward] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinancingReceivableAllowanceForCreditLossesRollForward" xlink:label="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesRollForward_8A855AA2CF687E419DF3CA05BAB2A1AC" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLosses_6FA4C2811EF81E356AC1CA05BAB27A85_periodStartLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLosses_6FA4C2811EF81E356AC1CA05BAB27A85" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Beginning balance </link:label>
<link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLosses_6FA4C2811EF81E356AC1CA05BAB27A85_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLosses_6FA4C2811EF81E356AC1CA05BAB27A85" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Allowance for Credit Losses </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinancingReceivableAllowanceForCreditLosses" xlink:label="loc_us-gaap_FinancingReceivableAllowanceForCreditLosses_6FA4C2811EF81E356AC1CA05BAB27A85" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_C0AA86786CBEBC95DABDCA05BAB297FA_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_C0AA86786CBEBC95DABDCA05BAB297FA" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Charge-offs </link:label>
<link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_C0AA86786CBEBC95DABDCA05BAB297FA_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_C0AA86786CBEBC95DABDCA05BAB297FA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Allowance for Credit Losses, Write-downs </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs" xlink:label="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_C0AA86786CBEBC95DABDCA05BAB297FA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_C0AA86786CBEBC95DABDCA05BAB297FA" xlink:to="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_C0AA86786CBEBC95DABDCA05BAB297FA" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery_8C0C582AAEF91D4244A6CA05BAB22C2B_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery_8C0C582AAEF91D4244A6CA05BAB22C2B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Recoveries </link:label>
<link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery_8C0C582AAEF91D4244A6CA05BAB22C2B_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery_8C0C582AAEF91D4244A6CA05BAB22C2B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Allowance for Credit Losses, Recovery </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery" xlink:label="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery_8C0C582AAEF91D4244A6CA05BAB22C2B" xlink:type="locator"/>
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<link:label id="lab_bk_FinancingReceivableAllowanceForCreditLossesNetChargeOffs_E6E672A48ECA32EB596ACA05BAB21777_negatedTotalLabel_en-US" xlink:label="lab_bk_FinancingReceivableAllowanceForCreditLossesNetChargeOffs_E6E672A48ECA32EB596ACA05BAB21777" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US"> Net recoveries </link:label>
<link:label id="lab_bk_FinancingReceivableAllowanceForCreditLossesNetChargeOffs_E6E672A48ECA32EB596ACA05BAB21777_label_en-US" xlink:label="lab_bk_FinancingReceivableAllowanceForCreditLossesNetChargeOffs_E6E672A48ECA32EB596ACA05BAB21777" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable Allowance For Credit Losses Net Charge Offs </link:label>
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<link:loc xlink:href="bk-20171231.xsd#bk_FinancingReceivableAllowanceForCreditLossesNetChargeOffs" xlink:label="loc_bk_FinancingReceivableAllowanceForCreditLossesNetChargeOffs_E6E672A48ECA32EB596ACA05BAB21777" xlink:type="locator"/>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinancingReceivableAllowanceForCreditLosses" xlink:label="loc_us-gaap_FinancingReceivableAllowanceForCreditLosses_9B01CE77D7CE6DF87CC3CA05BAB2402F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossAdditionalInformationAbstract_871B8706DE30535B181DCA05BAB28EB6_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossAdditionalInformationAbstract_871B8706DE30535B181DCA05BAB28EB6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Allowance for: </link:label>
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<link:label id="lab_us-gaap_LoansAndLeasesReceivableAllowance_12C47C8C082EE0D6F566CA05BAB22FF9_terseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableAllowance_12C47C8C082EE0D6F566CA05BAB22FF9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loan losses </link:label>
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<link:label id="lab_bk_FinancingReceivableAllowanceForCreditLossesUnfundedCommitments_DA167EE63110A11952B0CA05BAB2FDA8_terseLabel_en-US" xlink:label="lab_bk_FinancingReceivableAllowanceForCreditLossesUnfundedCommitments_DA167EE63110A11952B0CA05BAB2FDA8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Lending-related commitments </link:label>
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<link:label id="lab_us-gaap_LoanAndLeaseReceivablesImpairedAbstract_E5DCD2CA91770D8B9B23CA05BAB3F71A_terseLabel_en-US" xlink:label="lab_us-gaap_LoanAndLeaseReceivablesImpairedAbstract_E5DCD2CA91770D8B9B23CA05BAB3F71A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Individually evaluated for impairment: </link:label>
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<link:label id="lab_bk_SecuritiesGrossUnrealizedLosses_DD4C8443CB395F67EA78DC0183577438_terseLabel_en-US" xlink:label="lab_bk_SecuritiesGrossUnrealizedLosses_DD4C8443CB395F67EA78DC0183577438" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gross unrealized Losses </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_SecuritiesGrossUnrealizedLosses" xlink:label="loc_bk_SecuritiesGrossUnrealizedLosses_DD4C8443CB395F67EA78DC0183577438" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SecuritiesGrossUnrealizedLosses_DD4C8443CB395F67EA78DC0183577438" xlink:to="lab_bk_SecuritiesGrossUnrealizedLosses_DD4C8443CB395F67EA78DC0183577438" xlink:type="arc"/>
<link:label id="lab_bk_SecuritiesFairValue_573D7771370DC337169BDC0183589A3C_totalLabel_en-US" xlink:label="lab_bk_SecuritiesFairValue_573D7771370DC337169BDC0183589A3C" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Fair value </link:label>
<link:label id="lab_bk_SecuritiesFairValue_573D7771370DC337169BDC0183589A3C_label_en-US" xlink:label="lab_bk_SecuritiesFairValue_573D7771370DC337169BDC0183589A3C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Fair Value </link:label>
<link:label id="lab_bk_SecuritiesFairValue_573D7771370DC337169BDC0183589A3C_documentation_en-US" xlink:label="lab_bk_SecuritiesFairValue_573D7771370DC337169BDC0183589A3C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securities, Fair Value </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_SecuritiesFairValue" xlink:label="loc_bk_SecuritiesFairValue_573D7771370DC337169BDC0183589A3C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SecuritiesFairValue_573D7771370DC337169BDC0183589A3C" xlink:to="lab_bk_SecuritiesFairValue_573D7771370DC337169BDC0183589A3C" xlink:type="arc"/>
<link:label id="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaletoHeldToMaturitySecuritiesGrossUnrealizedGains_54C1257E4B96EBAB2B37DC018358BBE6_terseLabel_en-US" xlink:label="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaletoHeldToMaturitySecuritiesGrossUnrealizedGains_54C1257E4B96EBAB2B37DC018358BBE6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> AOCI, transfers from AFS to HTM Securities, gross unrealized gains </link:label>
<link:label id="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaletoHeldToMaturitySecuritiesGrossUnrealizedGains_54C1257E4B96EBAB2B37DC018358BBE6_label_en-US" xlink:label="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaletoHeldToMaturitySecuritiesGrossUnrealizedGains_54C1257E4B96EBAB2B37DC018358BBE6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accumulated Other Comprehensive Income, Transfers From Available-For-Sale to Held-To-Maturity Securities, Gross Unrealized Gains </link:label>
<link:label id="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaletoHeldToMaturitySecuritiesGrossUnrealizedGains_54C1257E4B96EBAB2B37DC018358BBE6_documentation_en-US" xlink:label="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaletoHeldToMaturitySecuritiesGrossUnrealizedGains_54C1257E4B96EBAB2B37DC018358BBE6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Accumulated Other Comprehensive Income, Transfers From Available-For-Sale to Held-To-Maturity Securities, Gross Unrealized Gains </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaletoHeldToMaturitySecuritiesGrossUnrealizedGains" xlink:label="loc_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaletoHeldToMaturitySecuritiesGrossUnrealizedGains_54C1257E4B96EBAB2B37DC018358BBE6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaletoHeldToMaturitySecuritiesGrossUnrealizedGains_54C1257E4B96EBAB2B37DC018358BBE6" xlink:to="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaletoHeldToMaturitySecuritiesGrossUnrealizedGains_54C1257E4B96EBAB2B37DC018358BBE6" xlink:type="arc"/>
<link:label id="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLosses_5204C3DD797D18550B1EDC018359CDE9_terseLabel_en-US" xlink:label="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLosses_5204C3DD797D18550B1EDC018359CDE9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> AOCI, transfers from AFS to HTM Securities, gross unrealized losses </link:label>
<link:label id="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLosses_5204C3DD797D18550B1EDC018359CDE9_label_en-US" xlink:label="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLosses_5204C3DD797D18550B1EDC018359CDE9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accumulated Other Comprehensive Income, Transfers From Available-For-Sale To Held-To-Maturity Securities, Gross Unrealized Losses </link:label>
<link:label id="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLosses_5204C3DD797D18550B1EDC018359CDE9_documentation_en-US" xlink:label="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLosses_5204C3DD797D18550B1EDC018359CDE9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Accumulated Other Comprehensive Income, Transfers From Available-For-Sale To Held-To-Maturity Securities, Gross Unrealized Losses </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLosses" xlink:label="loc_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLosses_5204C3DD797D18550B1EDC018359CDE9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLosses_5204C3DD797D18550B1EDC018359CDE9" xlink:to="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLosses_5204C3DD797D18550B1EDC018359CDE9" xlink:type="arc"/>
<link:label id="lab_us-gaap_BusinessCombinationDisclosureTextBlock_42FBCECF70B7D263C26BCA05BB0602A2_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationDisclosureTextBlock_42FBCECF70B7D263C26BCA05BB0602A2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Acquisitions </link:label>
<link:label id="lab_us-gaap_BusinessCombinationDisclosureTextBlock_42FBCECF70B7D263C26BCA05BB0602A2_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationDisclosureTextBlock_42FBCECF70B7D263C26BCA05BB0602A2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Business Combination Disclosure [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BusinessCombinationDisclosureTextBlock" xlink:label="loc_us-gaap_BusinessCombinationDisclosureTextBlock_42FBCECF70B7D263C26BCA05BB0602A2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationDisclosureTextBlock_42FBCECF70B7D263C26BCA05BB0602A2" xlink:to="lab_us-gaap_BusinessCombinationDisclosureTextBlock_42FBCECF70B7D263C26BCA05BB0602A2" xlink:type="arc"/>
<link:label id="lab_us-gaap_Revenues_7A953AE28BECA35D73E6CA05B70477D1_verboseLabel_en-US" xlink:label="lab_us-gaap_Revenues_7A953AE28BECA35D73E6CA05B70477D1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Revenues </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Revenues" xlink:label="loc_us-gaap_Revenues_7A953AE28BECA35D73E6CA05B70477D1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Revenues_7A953AE28BECA35D73E6CA05B70477D1" xlink:to="lab_us-gaap_Revenues_7A953AE28BECA35D73E6CA05B70477D1" xlink:type="arc"/>
<link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable_DC621EFF60E8BD1EF328CA05B9CFF875_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable_DC621EFF60E8BD1EF328CA05B9CFF875" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable_DC621EFF60E8BD1EF328CA05B9CFF875_label_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable_DC621EFF60E8BD1EF328CA05B9CFF875" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable" xlink:label="loc_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable_DC621EFF60E8BD1EF328CA05B9CFF875" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable_DC621EFF60E8BD1EF328CA05B9CFF875" xlink:to="lab_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable_DC621EFF60E8BD1EF328CA05B9CFF875" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_27BDEDA42D01DA9F21E8CA05B9CF1B36_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_27BDEDA42D01DA9F21E8CA05B9CF1B36" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Exercise Price Range [Axis] </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_27BDEDA42D01DA9F21E8CA05B9CF1B36_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_27BDEDA42D01DA9F21E8CA05B9CF1B36" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Exercise Price Range [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis" xlink:label="loc_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_27BDEDA42D01DA9F21E8CA05B9CF1B36" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_27BDEDA42D01DA9F21E8CA05B9CF1B36" xlink:to="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_27BDEDA42D01DA9F21E8CA05B9CF1B36" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain_AE5D8CCD355E677B37FCCA05B9CFFA28_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain_AE5D8CCD355E677B37FCCA05B9CFFA28" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Domain] </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain_AE5D8CCD355E677B37FCCA05B9CFFA28_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain_AE5D8CCD355E677B37FCCA05B9CFFA28" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain" xlink:label="loc_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain_AE5D8CCD355E677B37FCCA05B9CFFA28" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain_AE5D8CCD355E677B37FCCA05B9CFFA28" xlink:to="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain_AE5D8CCD355E677B37FCCA05B9CFFA28" xlink:type="arc"/>
<link:label id="lab_bk_RangeOneMember_77814BFB39E670C32D3BCA05B9CFCC60_terseLabel_en-US" xlink:label="lab_bk_RangeOneMember_77814BFB39E670C32D3BCA05B9CFCC60" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> $ 18 to 31 </link:label>
<link:label id="lab_bk_RangeOneMember_77814BFB39E670C32D3BCA05B9CFCC60_label_en-US" xlink:label="lab_bk_RangeOneMember_77814BFB39E670C32D3BCA05B9CFCC60" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Range One [Member] </link:label>
<link:label id="lab_bk_RangeOneMember_77814BFB39E670C32D3BCA05B9CFCC60_documentation_en-US" xlink:label="lab_bk_RangeOneMember_77814BFB39E670C32D3BCA05B9CFCC60" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Range One [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_RangeOneMember" xlink:label="loc_bk_RangeOneMember_77814BFB39E670C32D3BCA05B9CFCC60" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_RangeOneMember_77814BFB39E670C32D3BCA05B9CFCC60" xlink:to="lab_bk_RangeOneMember_77814BFB39E670C32D3BCA05B9CFCC60" xlink:type="arc"/>
<link:label id="lab_bk_RangeTwoMember_99B04FCF073A45490B2FCA05B9CF6E6B_terseLabel_en-US" xlink:label="lab_bk_RangeTwoMember_99B04FCF073A45490B2FCA05B9CF6E6B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> $ 31 to 41 </link:label>
<link:label id="lab_bk_RangeTwoMember_99B04FCF073A45490B2FCA05B9CF6E6B_label_en-US" xlink:label="lab_bk_RangeTwoMember_99B04FCF073A45490B2FCA05B9CF6E6B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Range Two [Member] </link:label>
<link:label id="lab_bk_RangeTwoMember_99B04FCF073A45490B2FCA05B9CF6E6B_documentation_en-US" xlink:label="lab_bk_RangeTwoMember_99B04FCF073A45490B2FCA05B9CF6E6B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Range Two [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_RangeTwoMember" xlink:label="loc_bk_RangeTwoMember_99B04FCF073A45490B2FCA05B9CF6E6B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_RangeTwoMember_99B04FCF073A45490B2FCA05B9CF6E6B" xlink:to="lab_bk_RangeTwoMember_99B04FCF073A45490B2FCA05B9CF6E6B" xlink:type="arc"/>
<link:label id="lab_bk_RangeThreeMember_589D8B76B9E355248796CA05B9CF0B29_terseLabel_en-US" xlink:label="lab_bk_RangeThreeMember_589D8B76B9E355248796CA05B9CF0B29" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> $ 41 to 51 </link:label>
<link:label id="lab_bk_RangeThreeMember_589D8B76B9E355248796CA05B9CF0B29_label_en-US" xlink:label="lab_bk_RangeThreeMember_589D8B76B9E355248796CA05B9CF0B29" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Range Three [Member] </link:label>
<link:label id="lab_bk_RangeThreeMember_589D8B76B9E355248796CA05B9CF0B29_documentation_en-US" xlink:label="lab_bk_RangeThreeMember_589D8B76B9E355248796CA05B9CF0B29" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Range Three [Member] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_RangeThreeMember" xlink:label="loc_bk_RangeThreeMember_589D8B76B9E355248796CA05B9CF0B29" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_RangeThreeMember_589D8B76B9E355248796CA05B9CF0B29" xlink:to="lab_bk_RangeThreeMember_589D8B76B9E355248796CA05B9CF0B29" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_D69E18431AE51822899ECA05B9CF2A86_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_D69E18431AE51822899ECA05B9CF2A86" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_D69E18431AE51822899ECA05B9CF2A86_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_D69E18431AE51822899ECA05B9CF2A86" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems" xlink:label="loc_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_D69E18431AE51822899ECA05B9CF2A86" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_115CA06F5AFB71AE1858CA05B9D5483F_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_115CA06F5AFB71AE1858CA05B9D5483F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_115CA06F5AFB71AE1858CA05B9D5483F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_115CA06F5AFB71AE1858CA05B9D5483F" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_115CA06F5AFB71AE1858CA05B9D5483F" xlink:type="arc"/>
<link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_C8D58AD9EB13F56B368FCA05B9D56F97_negatedLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_C8D58AD9EB13F56B368FCA05B9D56F97" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Exercised (shares) </link:label>
<link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_C8D58AD9EB13F56B368FCA05B9D56F97_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_C8D58AD9EB13F56B368FCA05B9D56F97" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_C8D58AD9EB13F56B368FCA05B9D56F97" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_C8D58AD9EB13F56B368FCA05B9D56F97" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_C8D58AD9EB13F56B368FCA05B9D56F97" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_AC44AA6AFC99E848F8CACA05B9D585A8_negatedLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_AC44AA6AFC99E848F8CACA05B9D585A8" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Canceled/Expired (shares) </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_AC44AA6AFC99E848F8CACA05B9D585A8_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_AC44AA6AFC99E848F8CACA05B9D585A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures in Period </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_AC44AA6AFC99E848F8CACA05B9D585A8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_AC44AA6AFC99E848F8CACA05B9D585A8" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_AC44AA6AFC99E848F8CACA05B9D585A8" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_64506C3645083AC8D496CA05B9D5E649_periodEndLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_64506C3645083AC8D496CA05B9D5E649" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Ending Balance (shares) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_64506C3645083AC8D496CA05B9D5E649" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_64506C3645083AC8D496CA05B9D5E649" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_64506C3645083AC8D496CA05B9D5E649" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber_5080881483EF08206FF7CA05B9D553DB_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber_5080881483EF08206FF7CA05B9D553DB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Vested and expected to vest (shares) </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber_5080881483EF08206FF7CA05B9D553DB_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber_5080881483EF08206FF7CA05B9D553DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber_5080881483EF08206FF7CA05B9D553DB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_A8CFA0502F2B126339ECCA05B9D5E30C_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_A8CFA0502F2B126339ECCA05B9D5E30C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Exercisable (shares) </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_A8CFA0502F2B126339ECCA05B9D5E30C_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_A8CFA0502F2B126339ECCA05B9D5E30C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_A8CFA0502F2B126339ECCA05B9D5E30C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_A8CFA0502F2B126339ECCA05B9D5E30C" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_A8CFA0502F2B126339ECCA05B9D5E30C" xlink:type="arc"/>
<link:label id="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageExercisePriceRollForward_21892410D559BD36312DCA05B9D5F854_terseLabel_en-US" xlink:label="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageExercisePriceRollForward_21892410D559BD36312DCA05B9D5F854" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Weighted-average exercise price </link:label>
<link:label id="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageExercisePriceRollForward_21892410D559BD36312DCA05B9D5F854_label_en-US" xlink:label="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageExercisePriceRollForward_21892410D559BD36312DCA05B9D5F854" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share Based Compensation Arrangement By Share Based Payment Award Options Weighted Average Exercise Price [Roll Forward] </link:label>
<link:label id="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageExercisePriceRollForward_21892410D559BD36312DCA05B9D5F854_documentation_en-US" xlink:label="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageExercisePriceRollForward_21892410D559BD36312DCA05B9D5F854" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Share Based Compensation Arrangement By Share Based Payment Award Options Weighted Average Exercise Price [Roll Forward] </link:label>
<link:loc xlink:href="bk-20171231.xsd#bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageExercisePriceRollForward" xlink:label="loc_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageExercisePriceRollForward_21892410D559BD36312DCA05B9D5F854" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageExercisePriceRollForward_21892410D559BD36312DCA05B9D5F854" xlink:to="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageExercisePriceRollForward_21892410D559BD36312DCA05B9D5F854" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_FDD8DC2EA81E1B17A044CA05B9D5C860_periodStartLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_FDD8DC2EA81E1B17A044CA05B9D5C860" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Beginning Balance (usd per share) </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_FDD8DC2EA81E1B17A044CA05B9D5C860_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_FDD8DC2EA81E1B17A044CA05B9D5C860" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_FDD8DC2EA81E1B17A044CA05B9D5C860" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_FDD8DC2EA81E1B17A044CA05B9D5C860" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_FDD8DC2EA81E1B17A044CA05B9D5C860" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_DDE5884A29F287DDD97ECA05B9D57269_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_DDE5884A29F287DDD97ECA05B9D57269" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Granted (usd per share) </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_DDE5884A29F287DDD97ECA05B9D57269_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_DDE5884A29F287DDD97ECA05B9D57269" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_DDE5884A29F287DDD97ECA05B9D57269" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_DDE5884A29F287DDD97ECA05B9D57269" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_DDE5884A29F287DDD97ECA05B9D57269" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_7A66EF44B2180BE82C17CA05B9D5D4B8_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_7A66EF44B2180BE82C17CA05B9D5D4B8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Exercised (usd per share) </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_7A66EF44B2180BE82C17CA05B9D5D4B8_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_7A66EF44B2180BE82C17CA05B9D5D4B8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_7A66EF44B2180BE82C17CA05B9D5D4B8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_7A66EF44B2180BE82C17CA05B9D5D4B8" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_7A66EF44B2180BE82C17CA05B9D5D4B8" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_DDFB05E53CCF770E07A8CA05B9D520FB_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_DDFB05E53CCF770E07A8CA05B9D520FB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Canceled/Expired (usd per share) </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_DDFB05E53CCF770E07A8CA05B9D520FB_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_DDFB05E53CCF770E07A8CA05B9D520FB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangements by Share-based Payment Award, Options, Forfeitures in Period, Weighted Average Exercise Price </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_DDFB05E53CCF770E07A8CA05B9D520FB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_A3119EEE08DC81B12D54CA05B9D5AF1D_periodEndLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_A3119EEE08DC81B12D54CA05B9D5AF1D" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Ending Balance (usd per share) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_A3119EEE08DC81B12D54CA05B9D5AF1D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_A3119EEE08DC81B12D54CA05B9D5AF1D" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_A3119EEE08DC81B12D54CA05B9D5AF1D" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice_BD0DC98859D91912A908CA05B9D5D5FA_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice_BD0DC98859D91912A908CA05B9D5D5FA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Vested and expected to vest (usd per share) </link:label>
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3 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

11/10/21  Bank of New York Mellon Corp.     424B2                  1:772K                                   Donnelley … Solutions/FA
10/27/20  Bank of New York Mellon Corp.     424B2                  1:744K                                   Donnelley … Solutions/FA
10/26/20  Bank of New York Mellon Corp.     424B2                  1:733K                                   Donnelley … Solutions/FA
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