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Bank of New York Mellon Corp – ‘10-K’ for 12/31/16 – ‘EX-101.LAB’

On:  Tuesday, 2/28/17, at 7:59am ET   ·   For:  12/31/16   ·   Accession #:  1390777-17-65   ·   File #:  1-35651

Previous ‘10-K’:  ‘10-K’ on 2/26/16 for 12/31/15   ·   Next:  ‘10-K’ on 2/28/18 for 12/31/17   ·   Latest:  ‘10-K’ on 2/28/24 for 12/31/23   ·   1 Reference:  By:  Bank of New York Mellon Corp. – ‘424B2’ on 11/8/21

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

 2/28/17  Bank of New York Mellon Corp      10-K       12/31/16  172:44M

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    280K 
 3: EX-13.1     All Portions of 2016 Annual Report to Shareholders  HTML   3.83M 
 5: EX-21.1     Primary Subsidiaries of the Company                 HTML     60K 
 6: EX-23.1     Consent of Kpmg LLP                                 HTML     53K 
 7: EX-24.1     Power of Attorney                                   HTML     58K 
 2: EX-12.1     Computation of Ratio of Earnings to Combined Fixed  HTML     72K 
                Charges and Preferred Stock D                                    
 4: EX-18.1     Preferability Letter From Kpmg LLP for Change in    HTML     50K 
                Accounting Principle                                             
 8: EX-31.1     Section 302 CEO Certification                       HTML     55K 
 9: EX-31.2     Section 302 CFO Certification                       HTML     55K 
10: EX-32.1     Section 906 CEO Certification                       HTML     49K 
11: EX-32.2     Section 906 CFO Certification                       HTML     49K 
18: R1          Document and Entity Information                     HTML     77K 
19: R2          Consolidated Income Statement                       HTML    190K 
20: R3          Consolidated Income Statement (Unaudited)           HTML     51K 
                (Parenthetical)                                                  
21: R4          Consolidated Comprehensive Income Statement         HTML    103K 
22: R5          Consolidated Comprehensive Income Statement         HTML     51K 
                (Parenthetical)                                                  
23: R6          Consolidated Balance Sheet                          HTML    186K 
24: R7          Consolidated Balance Sheet (Parenthetical)          HTML     76K 
25: R8          Consolidated Statement of Cash Flows                HTML    201K 
26: R9          Consolidated Statement of Changes in Equity         HTML    129K 
27: R10         Consolidated Statement of Changes in Equity         HTML     54K 
                (Parenthetical)                                                  
28: R11         Summary of significant accounting and reporting     HTML    146K 
                policies                                                         
29: R12         Acquisitions and dispositions                       HTML     59K 
30: R13         Securities                                          HTML    625K 
31: R14         Loans and asset quality                             HTML    520K 
32: R15         Goodwill and intangible assets                      HTML    177K 
33: R16         Other assets                                        HTML     99K 
34: R17         Deposits                                            HTML     53K 
35: R18         Net interest revenue                                HTML     90K 
36: R19         Noninterest Expense                                 HTML     82K 
37: R20         Income taxes                                        HTML    140K 
38: R21         Long-Term Debt                                      HTML    109K 
39: R22         Securitizations and variable interest entities      HTML    112K 
40: R23         Shareholders' equity                                HTML    108K 
41: R24         Other comprehensive income (Loss)                   HTML    188K 
42: R25         Stock-based compensation                            HTML    119K 
43: R26         Employee benefit plans                              HTML    583K 
44: R27         Company Financial Information                       HTML    178K 
45: R28         Fair value measurement                              HTML    796K 
46: R29         Fair value option                                   HTML     82K 
47: R30         Commitments and contingent liabilities              HTML    133K 
48: R31         Derivative instruments                              HTML    475K 
49: R32         Lines of business                                   HTML    177K 
50: R33         International Operations                            HTML    114K 
51: R34         Supplemental information to the Consolidated        HTML     68K 
                Statement of Cash Flows                                          
52: R35         Summary of significant accounting and reporting     HTML    244K 
                policies (Policies)                                              
53: R36         Summary of significant accounting and reporting     HTML     59K 
                policies Summary of significant accounting and                   
                reporting policies (Tables)                                      
54: R37         Securities (Tables)                                 HTML    621K 
55: R38         Loans and asset quality (Tables)                    HTML    516K 
56: R39         Goodwill and intangible assets (Tables)             HTML    172K 
57: R40         Other assets (Tables)                               HTML     94K 
58: R41         Net interest revenue (Tables)                       HTML     90K 
59: R42         Noninterest Expense (Tables)                        HTML     82K 
60: R43         Income Taxes (Tables)                               HTML    142K 
61: R44         Long-Term Debt (Tables)                             HTML    109K 
62: R45         Securitizations and variable interest entities      HTML    115K 
                (Tables)                                                         
63: R46         Shareholders' equity (Tables)                       HTML    160K 
64: R47         Other comprehensive income (Loss) (Tables)          HTML    185K 
65: R48         Stock-based compensation (Tables)                   HTML    106K 
66: R49         Employee benefit plans (Tables)                     HTML    573K 
67: R50         Company Financial Information (Tables)              HTML    165K 
68: R51         Fair value measurement (Tables)                     HTML    771K 
69: R52         Fair value option (Tables)                          HTML     82K 
70: R53         Commitments and contingent liabilities (Tables)     HTML     97K 
71: R54         Derivative instruments (Tables)                     HTML    462K 
72: R55         Lines of business (Tables)                          HTML    152K 
73: R56         International Operations (Tables)                   HTML    113K 
74: R57         Supplemental information to the Consolidated        HTML     66K 
                Statement of Cash Flows (Tables)                                 
75: R58         Summary of significant accounting and reporting     HTML     84K 
                policies (Details)                                               
76: R59         Summary of significant accounting and reporting     HTML     59K 
                policies - Equity Method Investments (Details)                   
77: R60         Acquisitions and dispositions (Details)             HTML    105K 
78: R61         Securities - Amortized Cost, Gross Unrealized       HTML    152K 
                Gains and Losses and Fair Value of Securities                    
                (Detail)                                                         
79: R62         Securities - Securities Transferred From AFS to     HTML     51K 
                HTM (Details)                                                    
80: R63         Securities - Net Securities Gains (Losses)          HTML     56K 
                (Detail)                                                         
81: R64         Securities - Aggregate Fair Value of Investments    HTML    171K 
                with Continuous Unrealized Loss Position (Detail)                
82: R65         Securities - Maturity Distribution by Carrying      HTML    161K 
                Amount and Yield (on Tax Equivalent Basis) of                    
                Investment Securities Portfolio (Detail)                         
83: R66         Securities - Projected Weighted-Average Default     HTML     59K 
                Rates and Loss Severities (Detail)                               
84: R67         Securities - Pre-Tax Net Securities Gains (Losses)  HTML     62K 
                by Type (Detail)                                                 
85: R68         Securities - Debt Securities Credit Losses Roll     HTML     59K 
                Forward Recorded in Earnings (Detail)                            
86: R69         Securities - Pledged assets (Details)               HTML     73K 
87: R70         Loans and asset quality - Details of Loan           HTML     96K 
                Distribution and Industry Concentrations of Credit               
                Risk (Detail)                                                    
88: R71         Loans and asset quality - Allowance for Credit      HTML    168K 
                Losses Activity (Details)                                        
89: R72         Loans and asset quality - Nonperforming Assets      HTML     66K 
                (Detail)                                                         
90: R73         Loans and asset quality - Lost Interest (Detail)    HTML     55K 
91: R74         Loans and asset quality - Information about         HTML    111K 
                Impaired Loans (Detail)                                          
92: R75         Loans and asset quality - Information about Past    HTML     82K 
                Due Loans (Detail)                                               
93: R76         Loans and asset quality- Troubled Debt              HTML     62K 
                Restructurings (Detail)                                          
94: R77         Loans and asset quality - Credit Quality            HTML     75K 
                Indicators - Wealth Management Loans and Mortgages               
                - Credit Risk Profile by Internally Assigned Grade               
                (Detail)                                                         
95: R78         Loans and asset quality - Additional Information    HTML    115K 
                (Details)                                                        
96: R79         Goodwill and intangible assets - Goodwill by        HTML     73K 
                Business Segment (Detail)                                        
97: R80         Goodwill and intangible assets - Intangible Assets  HTML     71K 
                by Business Segment (Detail)                                     
98: R81         Goodwill and intangible assets - Intangible Assets  HTML     83K 
                by Type (Detail)                                                 
99: R82         Goodwill and intangible assets - Estimated Annual   HTML     59K 
                Amortization Expense (Detail)                                    
100: R83         Other assets (Detail)                               HTML     87K  
101: R84         Other assets - Seed Capital and Private Equity      HTML     67K  
                Investments Valued Using Net Asset Value (Detail)                
102: R85         Other assets - Qualified Affordable Housing         HTML     69K  
                Project Investments (Details)                                    
103: R86         Deposits - Additional Information (Detail)          HTML     65K  
104: R87         Net interest revenue (Details)                      HTML    103K  
105: R88         Noninterest Expense (Detail)                        HTML     85K  
106: R89         Income Taxes - Narrative (Detail)                   HTML     74K  
107: R90         Income Taxes - Provision (Benefit) for Income       HTML     79K  
                Taxes from Continuing Operations (Detail)                        
108: R91         Income Taxes - Components of Income (Loss) before   HTML     54K  
                Taxes (Detail)                                                   
109: R92         Income Taxes - Components of Net Deferred Tax       HTML     80K  
                Liability (Detail)                                               
110: R93         Income Taxes - Reconciliation of Statutory Federal  HTML     77K  
                Income Tax Rate to Effective Income Tax Rate                     
                (Detail)                                                         
111: R94         Income Taxes - Unrecognized Tax Positions (Detail)  HTML     64K  
112: R95         Long-Term Debt - Schedule of Long-term Debt         HTML     70K  
                (Detail)                                                         
113: R96         Long-Term Debt - Summary of Trust Preferred         HTML     67K  
                Securities Issued by Trusts (Detail)                             
114: R97         Long-Term Debt - Additional Information (Detail)    HTML     68K  
115: R98         Securitizations and variable interest entities -    HTML     85K  
                Incremental Assets and Liabilities of Variable                   
                Interest Entities Included in Consolidated                       
                Financial Statements (Detail)                                    
116: R99         Securitizations and variable interest entities -    HTML     59K  
                Non-consolidated Variable Interest Entities                      
                (Detail)                                                         
117: R100        Shareholders' equity - Narrative (Details)          HTML    112K  
118: R101        Shareholders' equity - Summary (Details)            HTML     92K  
119: R102        Shareholders' equity - Capital adequacy (Details)   HTML    150K  
120: R103        Other comprehensive income (loss) - Components      HTML    117K  
                (Details)                                                        
121: R104        Other comprehensive income (loss) Other             HTML     78K  
                Comprehensive Income (Loss) - Changes in                         
                Accumulated Other Comprehensive Income (Loss)                    
                (Details)                                                        
122: R105        Stock-based compensation - Additional Information   HTML    109K  
                (Detail)                                                         
123: R106        Stock-based compensation - Summary of Stock Option  HTML     91K  
                Activity (Detail)                                                
124: R107        Stock-based compensation - Stock Options            HTML     83K  
                Outstanding (Detail)                                             
125: R108        Stock-based compensation - Aggregate Intrinsic      HTML     53K  
                Value of Options (Detail)                                        
126: R109        Stock-based compensation - Nonvested Restricted     HTML     73K  
                Stock and Restricted Stock Units Activity (Detail)               
127: R110        Employee Benefit Plans - Combined Data for          HTML    157K  
                Domestic and Foreign Defined Benefit Pension and                 
                Post Retirement Healthcare Plans (Detail)                        
128: R111        Employee Benefit Plans - Net Periodic Benefit       HTML    111K  
                (Credit) Cost (Details)                                          
129: R112        Employee Benefit Plans - Changes in Other           HTML     76K  
                Comprehensive Income (Loss) (Details)                            
130: R113        Employee Benefit Plans - Amounts Expected to be     HTML     61K  
                Recognized in Net Periodic Benefit Income (Cost)                 
                (Details)                                                        
131: R114        Employee Benefit Plans - Defined Benefit Plan       HTML     64K  
                Funded Status of Plan (Details)                                  
132: R115        Employee Benefit Plans - Plans with Obligations in  HTML     61K  
                Excess of Plan Assets (Details)                                  
133: R116        Employee Benefit Plans - Benefit Payments for BNY   HTML     77K  
                Mellons Pension and Healthcare Plans Expected to                 
                be Paid (Details)                                                
134: R117        Employee Benefit Plans - Pension Investment Asset   HTML     75K  
                Allocation (Detail)                                              
135: R118        Employee Benefit Plans - Pension Plan Investment    HTML    171K  
                Assets Measured at Fair Value on Recurring Basis                 
                (Detail)                                                         
136: R119        Employee Benefit Plans - Rollforward of Plan        HTML     67K  
                Investment Assets Including Change in Fair Value                 
                Classified in Level 3 of Valuation Hierarchy                     
                (Detail)                                                         
137: R120        Employee Benefit Plans - Pension Plan Assets        HTML     78K  
                Valued Using Net Asset Value (Detail)                            
138: R121        Employee Benefit Plans - Additional Information     HTML    127K  
                (Detail)                                                         
139: R122        Company Financial Information Condensed Income      HTML     92K  
                Statement Parent Corporation (Details)                           
140: R123        Company Financial Information Condensed Balance     HTML     95K  
                Sheet Parent Corporation (Details)                               
141: R124        Company Financial Information Condensed Statement   HTML    131K  
                of Cash Flows Parent Corporation (Details)                       
142: R125        Company Financial Information - Additional          HTML     87K  
                Information (Details)                                            
143: R126        Fair value measurement - Assets and Liabilities     HTML    285K  
                Measured at Fair Value on Recurring Basis                        
                (Details)                                                        
144: R127        Fair value measurement - Details of Certain Items   HTML    213K  
                Measured at Fair Value on Recurring Basis                        
                (Details)                                                        
145: R128        Fair value measurement - Significant Unobservable   HTML    107K  
                Inputs (Details)                                                 
146: R129        Fair value measurement - Assets Measured at Fair    HTML     67K  
                Value on Nonrecurring Basis (Details)                            
147: R130        Fair value measurement - Carrying Amount and Fair   HTML    100K  
                Value of Financial Instruments (Details)                         
148: R131        Fair value measurement - Summary of Carrying        HTML     59K  
                Amount of Hedged Financial Instruments, Related                  
                Notional Amount of Hedge and Estimated Fair Value                
                of Derivatives (Details)                                         
149: R132        Fair Value Measurement - Additional Information     HTML     52K  
                (Details)                                                        
150: R133        Fair value option - Assets and Liabilities, by      HTML     64K  
                Type, of Consolidated Investment Management Funds                
                Recorded at Fair Value (Detail)                                  
151: R134        Fair value option - Changes in Fair Value of the    HTML     56K  
                Loans and Long-Term Debt and the Location of the                 
                Changes (Details)                                                
152: R135        Fair value option - Narrative (Details)             HTML     57K  
153: R136        Commitments and contingent liabilities -            HTML     88K  
                Significant Industry Concentrations Related to                   
                Credit Exposure (Details)                                        
154: R137        Commitments and contingent liabilities - Summary    HTML     62K  
                of Off-Balance Sheet Credit Risks, Net of                        
                Participations (Details)                                         
155: R138        Commitments and contingent liabilities - Standby    HTML     56K  
                Letters of Credits by Investment Grade (Details)                 
156: R139        Commitments and contingent liabilities - Narrative  HTML    124K  
                (Details)                                                        
157: R140        Derivative instruments - Narrative (Details)        HTML     95K  
158: R141        Derivative instruments - Ineffectiveness Related    HTML     60K  
                to Derivatives and Hedging Relationships Recorded                
                in Income (Details)                                              
159: R142        Derivative instruments - Impact of Derivative       HTML     99K  
                Instruments on Balance Sheet (Details)                           
160: R143        Derivative instruments - Impact of Derivative       HTML     92K  
                Instruments on Income Statement (Details)                        
161: R144        Derivative instruments - Revenue from Foreign       HTML     57K  
                Exchange and Other Trading (Details)                             
162: R145        Derivative instruments - Fair Value of Derivative   HTML     59K  
                Contracts Falling under Early Termination                        
                Provisions in Net Liability Position (Details)                   
163: R146        Derivative instruments - Offsetting (Details)       HTML    239K  
164: R147        Derivative instruments - Secured Borrowings         HTML    106K  
                (Details)                                                        
165: R148        Lines of business - Narrative (Details)             HTML     56K  
166: R149        Lines of business - Contribution of Segments to     HTML     97K  
                Overall Profitability (Details)                                  
167: R150        International Operations - Foreign Revenue, Income  HTML     73K  
                before Income Taxes, Net Income and Assets from                  
                Foreign Operations (Detail)                                      
168: R151        International Operations (Details)                  HTML     58K  
169: R152        Supplemental information to the Consolidated        HTML     68K  
                Statement of Cash Flows- Noncash Investing and                   
                Financing Transactions that are Not Reflected in                 
                Consolidated Statement of Cash Flows (Detail)                    
171: XML         IDEA XML File -- Filing Summary                      XML    326K  
170: EXCEL       IDEA Workbook of Financial Reports                  XLSX    284K  
12: EX-101.INS  XBRL Instance -- bk-20161231                         XML  16.76M 
14: EX-101.CAL  XBRL Calculations -- bk-20161231_cal                 XML    709K 
15: EX-101.DEF  XBRL Definitions -- bk-20161231_def                  XML   2.37M 
16: EX-101.LAB  XBRL Labels -- bk-20161231_lab                       XML   4.91M 
17: EX-101.PRE  XBRL Presentations -- bk-20161231_pre                XML   3.19M 
13: EX-101.SCH  XBRL Schema -- bk-20161231                           XSD    523K 
172: ZIP         XBRL Zipped Folder -- 0001390777-17-000065-xbrl      Zip    972K

‘EX-101.LAB’   —   XBRL Labels — bk-20161231_lab

This Exhibit is an XBRL XML File.

                                                                                                                                                                                
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<link:label id="lab_us-gaap_AssetsTotalMember_D7D5B87EC8F1D7C03D1C61540C1E3B11_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsTotalMember_D7D5B87EC8F1D7C03D1C61540C1E3B11" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total Assets </link:label>
<link:label id="lab_us-gaap_AssetsTotalMember_D7D5B87EC8F1D7C03D1C61540C1E3B11_label_en-US" xlink:label="lab_us-gaap_AssetsTotalMember_D7D5B87EC8F1D7C03D1C61540C1E3B11" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assets, Total [Member] </link:label>
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<link:label id="lab_us-gaap_USStatesAndPoliticalSubdivisionsMember_7D64BE20359F49F1E1D161540C1FF6B6_terseLabel_en-US" xlink:label="lab_us-gaap_USStatesAndPoliticalSubdivisionsMember_7D64BE20359F49F1E1D161540C1FF6B6" 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_7D64BE20359F49F1E1D161540C1FF6B6_label_en-US" xlink:label="lab_us-gaap_USStatesAndPoliticalSubdivisionsMember_7D64BE20359F49F1E1D161540C1FF6B6" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_USStatesAndPoliticalSubdivisionsMember" xlink:label="loc_us-gaap_USStatesAndPoliticalSubdivisionsMember_7D64BE20359F49F1E1D161540C1FF6B6" xlink:type="locator"/>
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<link:label id="lab_bk_OtherDebtAndEquitySecuritiesMember_F482FDE09CD17E642FBE61540C1F30E4_terseLabel_en-US" xlink:label="lab_bk_OtherDebtAndEquitySecuritiesMember_F482FDE09CD17E642FBE61540C1F30E4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative assets </link:label>
<link:label id="lab_bk_OtherDebtAndEquitySecuritiesMember_F482FDE09CD17E642FBE61540C1F30E4_label_en-US" xlink:label="lab_bk_OtherDebtAndEquitySecuritiesMember_F482FDE09CD17E642FBE61540C1F30E4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Debt And Equity Securities [Member] </link:label>
<link:label id="lab_bk_OtherDebtAndEquitySecuritiesMember_F482FDE09CD17E642FBE61540C1F30E4_documentation_en-US" xlink:label="lab_bk_OtherDebtAndEquitySecuritiesMember_F482FDE09CD17E642FBE61540C1F30E4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Debt and Equity Securities </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_OtherDebtAndEquitySecuritiesMember" xlink:label="loc_bk_OtherDebtAndEquitySecuritiesMember_F482FDE09CD17E642FBE61540C1F30E4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherAssetsMember_2BABAB9D8FE1C4DCBD3A61540C21F435_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsMember_2BABAB9D8FE1C4DCBD3A61540C21F435" 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_2BABAB9D8FE1C4DCBD3A61540C21F435_label_en-US" xlink:label="lab_us-gaap_OtherAssetsMember_2BABAB9D8FE1C4DCBD3A61540C21F435" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="loc_us-gaap_OtherAssetsMember_2BABAB9D8FE1C4DCBD3A61540C21F435" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeFinancialInstrumentsLiabilitiesMember_B0481F254B00C758DEEA61540C213ABF_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeFinancialInstrumentsLiabilitiesMember_B0481F254B00C758DEEA61540C213ABF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative liabilities </link:label>
<link:label id="lab_us-gaap_DerivativeFinancialInstrumentsLiabilitiesMember_B0481F254B00C758DEEA61540C213ABF_label_en-US" xlink:label="lab_us-gaap_DerivativeFinancialInstrumentsLiabilitiesMember_B0481F254B00C758DEEA61540C213ABF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Financial Instruments, Liabilities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFinancialInstrumentsLiabilitiesMember" xlink:label="loc_us-gaap_DerivativeFinancialInstrumentsLiabilitiesMember_B0481F254B00C758DEEA61540C213ABF" xlink:type="locator"/>
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<link:label id="lab_bk_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByMajorTypeAxis_72BB5D0068D3985DA39961540C210EFB_terseLabel_en-US" xlink:label="lab_bk_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByMajorTypeAxis_72BB5D0068D3985DA39961540C210EFB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, by Major Type </link:label>
<link:label id="lab_bk_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByMajorTypeAxis_72BB5D0068D3985DA39961540C210EFB_label_en-US" xlink:label="lab_bk_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByMajorTypeAxis_72BB5D0068D3985DA39961540C210EFB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Assets And Liabilities Measured On Recurring Basis Unobservable Input Reconciliation By Major Type [Axis] </link:label>
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<link:loc xlink:href="bk-20161231.xsd#bk_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByMajorTypeAxis" xlink:label="loc_bk_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByMajorTypeAxis_72BB5D0068D3985DA39961540C210EFB" xlink:type="locator"/>
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<link:label id="lab_bk_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByMajorTypesDomain_74312139740A538C62AF61540C217AC4_label_en-US" xlink:label="lab_bk_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByMajorTypesDomain_74312139740A538C62AF61540C217AC4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Assets And Liabilities Measured On Recurring Basis Unobservable Input Reconciliation By Major Types [Domain] </link:label>
<link:label id="lab_bk_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByMajorTypesDomain_74312139740A538C62AF61540C217AC4_documentation_en-US" xlink:label="lab_bk_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByMajorTypesDomain_74312139740A538C62AF61540C217AC4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, by Major Types [Domain] </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByMajorTypesDomain" xlink:label="loc_bk_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByMajorTypesDomain_74312139740A538C62AF61540C217AC4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AvailableforsaleSecuritiesMember_8EFC16B9C7BBC8FE7B6F61540C21DD15_verboseLabel_en-US" xlink:label="lab_us-gaap_AvailableforsaleSecuritiesMember_8EFC16B9C7BBC8FE7B6F61540C21DD15" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Securities available-for-sale </link:label>
<link:label id="lab_us-gaap_AvailableforsaleSecuritiesMember_8EFC16B9C7BBC8FE7B6F61540C21DD15_label_en-US" xlink:label="lab_us-gaap_AvailableforsaleSecuritiesMember_8EFC16B9C7BBC8FE7B6F61540C21DD15" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities [Member] </link:label>
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<link:label id="lab_us-gaap_TradingAccountAssetsMember_02727B2BB0EC86B6903C61540C216F71_terseLabel_en-US" xlink:label="lab_us-gaap_TradingAccountAssetsMember_02727B2BB0EC86B6903C61540C216F71" 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_02727B2BB0EC86B6903C61540C216F71_label_en-US" xlink:label="lab_us-gaap_TradingAccountAssetsMember_02727B2BB0EC86B6903C61540C216F71" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingAccountAssetsMember" xlink:label="loc_us-gaap_TradingAccountAssetsMember_02727B2BB0EC86B6903C61540C216F71" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TradingLiabilitiesMember_549C44613CB1B8D04B8A61540C21F35D_terseLabel_en-US" xlink:label="lab_us-gaap_TradingLiabilitiesMember_549C44613CB1B8D04B8A61540C21F35D" 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_549C44613CB1B8D04B8A61540C21F35D_label_en-US" xlink:label="lab_us-gaap_TradingLiabilitiesMember_549C44613CB1B8D04B8A61540C21F35D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trading Liabilities [Member] </link:label>
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<link:label id="lab_bk_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_CAB6B72A78BFE63D84B961540C21B5A0_terseLabel_en-US" xlink:label="lab_bk_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_CAB6B72A78BFE63D84B961540C21B5A0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] </link:label>
<link:label id="lab_bk_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_CAB6B72A78BFE63D84B961540C21B5A0_label_en-US" xlink:label="lab_bk_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_CAB6B72A78BFE63D84B961540C21B5A0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Assets And Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Line Items] </link:label>
<link:label id="lab_bk_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_CAB6B72A78BFE63D84B961540C21B5A0_documentation_en-US" xlink:label="lab_bk_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_CAB6B72A78BFE63D84B961540C21B5A0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets and Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] </link:label>
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<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward_019C78F22BAC950E118561540C220788_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward_019C78F22BAC950E118561540C220788" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair value measurements for assets using significant unobservable inputs </link:label>
<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward_019C78F22BAC950E118561540C220788_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward_019C78F22BAC950E118561540C220788" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] </link:label>
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<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_1C997C8B3DF4621F1A6A61540C22C456_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_1C997C8B3DF4621F1A6A61540C22C456" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value </link:label>
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<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3_236DF2707FCE1BBA67B461540C229B71_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3_236DF2707FCE1BBA67B461540C229B71" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Transfers into Level 3 </link:label>
<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3_236DF2707FCE1BBA67B461540C229B71_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3_236DF2707FCE1BBA67B461540C229B71" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Transfers Into Level 3 </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3_236DF2707FCE1BBA67B461540C229B71" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3_3CFBB4D70FC65958642861540C22DA5F_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3_3CFBB4D70FC65958642861540C22DA5F" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Transfers out of Level 3 </link:label>
<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3_3CFBB4D70FC65958642861540C22DA5F_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3_3CFBB4D70FC65958642861540C22DA5F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3 </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3_3CFBB4D70FC65958642861540C22DA5F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_F8C2C71B8B184DC5803E61540C22F598_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_F8C2C71B8B184DC5803E61540C22F598" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total gains or (losses) for the period included in earnings (or changes in net assets) </link:label>
<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_F8C2C71B8B184DC5803E61540C22F598_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_F8C2C71B8B184DC5803E61540C22F598" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_F8C2C71B8B184DC5803E61540C22F598" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_F8C2C71B8B184DC5803E61540C22F598" xlink:to="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_F8C2C71B8B184DC5803E61540C22F598" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases_75FDE195816F5801682661540C227695_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases_75FDE195816F5801682661540C227695" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Purchases </link:label>
<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases_75FDE195816F5801682661540C227695_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases_75FDE195816F5801682661540C227695" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases_75FDE195816F5801682661540C227695" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues_410880BD47CAA3E9F21C61540C2269C3_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues_410880BD47CAA3E9F21C61540C2269C3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Issuances </link:label>
<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues_410880BD47CAA3E9F21C61540C2269C3_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues_410880BD47CAA3E9F21C61540C2269C3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Issuances </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues_410880BD47CAA3E9F21C61540C2269C3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues_410880BD47CAA3E9F21C61540C2269C3" xlink:to="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues_410880BD47CAA3E9F21C61540C2269C3" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales_EF62676E1C48156B0F6961540C22ECE1_negatedLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales_EF62676E1C48156B0F6961540C22ECE1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Sales </link:label>
<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales_EF62676E1C48156B0F6961540C22ECE1_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales_EF62676E1C48156B0F6961540C22ECE1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales_EF62676E1C48156B0F6961540C22ECE1" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements_939155D2338764AFB87261540C223D11_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements_939155D2338764AFB87261540C223D11" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Settlements </link:label>
<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements_939155D2338764AFB87261540C223D11_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements_939155D2338764AFB87261540C223D11" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements_939155D2338764AFB87261540C223D11" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_75CC8DAE86229379CF0861540C2216B0_periodEndLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_75CC8DAE86229379CF0861540C2216B0" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:label="loc_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_75CC8DAE86229379CF0861540C2216B0" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_D89618E161AC4D4315C761540C274B2E_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_D89618E161AC4D4315C761540C274B2E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in unrealized gains or (losses) for the period included in earnings for assets held at the end of the reporting period </link:label>
<link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_D89618E161AC4D4315C761540C274B2E_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_D89618E161AC4D4315C761540C274B2E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss" xlink:label="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_D89618E161AC4D4315C761540C274B2E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward_CEE48FA8ABCE0B74CE4E61540C275E84_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward_CEE48FA8ABCE0B74CE4E61540C275E84" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair value measurements for liabilities using significant unobservable inputs </link:label>
<link:label id="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward_CEE48FA8ABCE0B74CE4E61540C275E84_label_en-US" xlink:label="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward_CEE48FA8ABCE0B74CE4E61540C275E84" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward" xlink:label="loc_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward_CEE48FA8ABCE0B74CE4E61540C275E84" xlink:type="locator"/>
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<link:label id="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_6C55F38492F28BBB51769B691E344A22_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_35828667DD88542FAAF6BCB570E4E031" 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_6C55F38492F28BBB51769B691E344A22_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_35828667DD88542FAAF6BCB570E4E031" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="loc_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_35828667DD88542FAAF6BCB570E4E031" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_35828667DD88542FAAF6BCB570E4E031" xlink:to="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_35828667DD88542FAAF6BCB570E4E031" xlink:type="arc"/>
<link:label id="lab_us-gaap_InvestmentTypeAxis_7AAF996F8E9FDB0B32D79B691E349229_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentTypeAxis_90B0B5DA52545758B5CC26CDEC994D5A" 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_7AAF996F8E9FDB0B32D79B691E349229_label_en-US" xlink:label="lab_us-gaap_InvestmentTypeAxis_90B0B5DA52545758B5CC26CDEC994D5A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investment Type [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="loc_us-gaap_InvestmentTypeAxis_90B0B5DA52545758B5CC26CDEC994D5A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentTypeAxis_90B0B5DA52545758B5CC26CDEC994D5A" xlink:to="lab_us-gaap_InvestmentTypeAxis_90B0B5DA52545758B5CC26CDEC994D5A" xlink:type="arc"/>
<link:label id="lab_us-gaap_InvestmentTypeCategorizationMember_200ABE123138B58EA1D79B691E34083C_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentTypeCategorizationMember_EC5A8FF2EE115332ABBCFFBB669CE716" 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_200ABE123138B58EA1D79B691E34083C_label_en-US" xlink:label="lab_us-gaap_InvestmentTypeCategorizationMember_EC5A8FF2EE115332ABBCFFBB669CE716" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investments [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="loc_us-gaap_InvestmentTypeCategorizationMember_EC5A8FF2EE115332ABBCFFBB669CE716" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentTypeCategorizationMember_EC5A8FF2EE115332ABBCFFBB669CE716" xlink:to="lab_us-gaap_InvestmentTypeCategorizationMember_EC5A8FF2EE115332ABBCFFBB669CE716" xlink:type="arc"/>
<link:label id="lab_bk_InvestmentManagementFundsMember_8CEB69F525B5BF13823A9B691E34EA2D_terseLabel_en-US" xlink:label="lab_bk_InvestmentManagementFundsMember_9C2DE23D0A4456CF800BD321AFBB33B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investment Management funds </link:label>
<link:label id="lab_bk_InvestmentManagementFundsMember_8CEB69F525B5BF13823A9B691E34EA2D_label_en-US" xlink:label="lab_bk_InvestmentManagementFundsMember_9C2DE23D0A4456CF800BD321AFBB33B2" 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_8CEB69F525B5BF13823A9B691E34EA2D_documentation_en-US" xlink:label="lab_bk_InvestmentManagementFundsMember_9C2DE23D0A4456CF800BD321AFBB33B2" 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-20161231.xsd#bk_InvestmentManagementFundsMember" xlink:label="loc_bk_InvestmentManagementFundsMember_9C2DE23D0A4456CF800BD321AFBB33B2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_InvestmentManagementFundsMember_9C2DE23D0A4456CF800BD321AFBB33B2" xlink:to="lab_bk_InvestmentManagementFundsMember_9C2DE23D0A4456CF800BD321AFBB33B2" xlink:type="arc"/>
<link:label id="lab_bk_SecuritizationsMember_01BD9FCA28E6DDCAE8529B691E342001_terseLabel_en-US" xlink:label="lab_bk_SecuritizationsMember_A51E5E7996A55EEF94901D316CDC6A84" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securitizations </link:label>
<link:label id="lab_bk_SecuritizationsMember_01BD9FCA28E6DDCAE8529B691E342001_label_en-US" xlink:label="lab_bk_SecuritizationsMember_A51E5E7996A55EEF94901D316CDC6A84" 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_01BD9FCA28E6DDCAE8529B691E342001_documentation_en-US" xlink:label="lab_bk_SecuritizationsMember_A51E5E7996A55EEF94901D316CDC6A84" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securitizations </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_SecuritizationsMember" xlink:label="loc_bk_SecuritizationsMember_A51E5E7996A55EEF94901D316CDC6A84" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SecuritizationsMember_A51E5E7996A55EEF94901D316CDC6A84" xlink:to="lab_bk_SecuritizationsMember_A51E5E7996A55EEF94901D316CDC6A84" xlink:type="arc"/>
<link:label id="lab_us-gaap_VariableInterestEntityLineItems_9DF93A6B0E4A38C7AE6E9B691E3459D1_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityLineItems_97FE59C55310590B80C34A1406DFEE31" 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_9DF93A6B0E4A38C7AE6E9B691E3459D1_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityLineItems_97FE59C55310590B80C34A1406DFEE31" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="loc_us-gaap_VariableInterestEntityLineItems_97FE59C55310590B80C34A1406DFEE31" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityLineItems_97FE59C55310590B80C34A1406DFEE31" xlink:to="lab_us-gaap_VariableInterestEntityLineItems_97FE59C55310590B80C34A1406DFEE31" xlink:type="arc"/>
<link:label id="lab_us-gaap_AvailableForSaleSecurities_E7EF0E2BB95048C635AA9B691E340B6A_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecurities_3001B2361F9B52C98961EFA0EAB860EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Available-for-sale </link:label>
<link:label id="lab_us-gaap_AvailableForSaleSecurities_E7EF0E2BB95048C635AA9B691E340B6A_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecurities_3001B2361F9B52C98961EFA0EAB860EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecurities" xlink:label="loc_us-gaap_AvailableForSaleSecurities_3001B2361F9B52C98961EFA0EAB860EB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecurities_3001B2361F9B52C98961EFA0EAB860EB" xlink:to="lab_us-gaap_AvailableForSaleSecurities_3001B2361F9B52C98961EFA0EAB860EB" xlink:type="arc"/>
<link:label id="lab_us-gaap_TradingSecurities_26E5D8A39C3A13117A639B691E34320A_terseLabel_en-US" xlink:label="lab_us-gaap_TradingSecurities_95FD12349DB65547A56A4B6B1B411293" 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_TradingSecurities_26E5D8A39C3A13117A639B691E34320A_label_en-US" xlink:label="lab_us-gaap_TradingSecurities_95FD12349DB65547A56A4B6B1B411293" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingSecurities" xlink:label="loc_us-gaap_TradingSecurities_95FD12349DB65547A56A4B6B1B411293" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TradingSecurities_95FD12349DB65547A56A4B6B1B411293" xlink:to="lab_us-gaap_TradingSecurities_95FD12349DB65547A56A4B6B1B411293" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherAssetsFairValueDisclosure_E3DD2017DBF6FE5ED0549B691E35A90A_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsFairValueDisclosure_3911FE8010015FC398A1DBDD82D2C074" 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_OtherAssetsFairValueDisclosure_E3DD2017DBF6FE5ED0549B691E35A90A_label_en-US" xlink:label="lab_us-gaap_OtherAssetsFairValueDisclosure_3911FE8010015FC398A1DBDD82D2C074" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssetsFairValueDisclosure" xlink:label="loc_us-gaap_OtherAssetsFairValueDisclosure_3911FE8010015FC398A1DBDD82D2C074" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssetsFairValueDisclosure_3911FE8010015FC398A1DBDD82D2C074" xlink:to="lab_us-gaap_OtherAssetsFairValueDisclosure_3911FE8010015FC398A1DBDD82D2C074" xlink:type="arc"/>
<link:label id="lab_us-gaap_AssetsFairValueDisclosure_DA930F01B9C4BFA53DC99B691E354BA8_totalLabel_en-US" xlink:label="lab_us-gaap_AssetsFairValueDisclosure_202F77494F0F5DF197884C6664668EC3" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Subtotal assets of consolidated investment management funds, at fair value </link:label>
<link:label id="lab_us-gaap_AssetsFairValueDisclosure_DA930F01B9C4BFA53DC99B691E354BA8_label_en-US" xlink:label="lab_us-gaap_AssetsFairValueDisclosure_202F77494F0F5DF197884C6664668EC3" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsFairValueDisclosure" xlink:label="loc_us-gaap_AssetsFairValueDisclosure_202F77494F0F5DF197884C6664668EC3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsFairValueDisclosure_202F77494F0F5DF197884C6664668EC3" xlink:to="lab_us-gaap_AssetsFairValueDisclosure_202F77494F0F5DF197884C6664668EC3" xlink:type="arc"/>
<link:label id="lab_us-gaap_TradingLiabilitiesFairValueDisclosure_2C933891864C9DD8D8259B691E35A0C6_terseLabel_en-US" xlink:label="lab_us-gaap_TradingLiabilitiesFairValueDisclosure_F8FC358E9F295323B3510C7C00FBF5A0" 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_2C933891864C9DD8D8259B691E35A0C6_label_en-US" xlink:label="lab_us-gaap_TradingLiabilitiesFairValueDisclosure_F8FC358E9F295323B3510C7C00FBF5A0" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingLiabilitiesFairValueDisclosure" xlink:label="loc_us-gaap_TradingLiabilitiesFairValueDisclosure_F8FC358E9F295323B3510C7C00FBF5A0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TradingLiabilitiesFairValueDisclosure_F8FC358E9F295323B3510C7C00FBF5A0" xlink:to="lab_us-gaap_TradingLiabilitiesFairValueDisclosure_F8FC358E9F295323B3510C7C00FBF5A0" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_ACFD1FF1D60266BD558F9B691E353702_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_7FCC94ABDF2C524D9A279E8D413E4CEF" 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_ACFD1FF1D60266BD558F9B691E353702_label_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_7FCC94ABDF2C524D9A279E8D413E4CEF" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLiabilitiesFairValueDisclosure" xlink:label="loc_us-gaap_OtherLiabilitiesFairValueDisclosure_7FCC94ABDF2C524D9A279E8D413E4CEF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherLiabilitiesFairValueDisclosure_7FCC94ABDF2C524D9A279E8D413E4CEF" xlink:to="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_7FCC94ABDF2C524D9A279E8D413E4CEF" xlink:type="arc"/>
<link:label id="lab_us-gaap_LiabilitiesFairValueDisclosure_DE161867959DDAAB582C9B691E359DE8_totalLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesFairValueDisclosure_7A55BA3151265800BB7BCE8F0C8C9F4A" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Subtotal liabilities of consolidated investment management funds, at fair value </link:label>
<link:label id="lab_us-gaap_LiabilitiesFairValueDisclosure_DE161867959DDAAB582C9B691E359DE8_label_en-US" xlink:label="lab_us-gaap_LiabilitiesFairValueDisclosure_7A55BA3151265800BB7BCE8F0C8C9F4A" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosure" xlink:label="loc_us-gaap_LiabilitiesFairValueDisclosure_7A55BA3151265800BB7BCE8F0C8C9F4A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesFairValueDisclosure_7A55BA3151265800BB7BCE8F0C8C9F4A" xlink:to="lab_us-gaap_LiabilitiesFairValueDisclosure_7A55BA3151265800BB7BCE8F0C8C9F4A" xlink:type="arc"/>
<link:label id="lab_us-gaap_MinorityInterest_009AB7DF46BE0ACB84899B691E35C839_terseLabel_en-US" xlink:label="lab_us-gaap_MinorityInterest_E2C7B4AFEF7C533B8F3F15D683531990" 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_009AB7DF46BE0ACB84899B691E35C839_label_en-US" xlink:label="lab_us-gaap_MinorityInterest_E2C7B4AFEF7C533B8F3F15D683531990" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stockholders' Equity Attributable to Noncontrolling Interest </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinorityInterest" xlink:label="loc_us-gaap_MinorityInterest_E2C7B4AFEF7C533B8F3F15D683531990" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinorityInterest_E2C7B4AFEF7C533B8F3F15D683531990" xlink:to="lab_us-gaap_MinorityInterest_E2C7B4AFEF7C533B8F3F15D683531990" xlink:type="arc"/>
<link:label id="lab_bk_VotingInterestEntityClassificationofCarryingAmountAssets_E54C92A2B1266F84F7869B691E35F0F3_terseLabel_en-US" xlink:label="lab_bk_VotingInterestEntityClassificationofCarryingAmountAssets_33EAD969453F5C4B9A1A41B118EC5315" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> VIE classification of carrying amount, assets </link:label>
<link:label id="lab_bk_VotingInterestEntityClassificationofCarryingAmountAssets_E54C92A2B1266F84F7869B691E35F0F3_label_en-US" xlink:label="lab_bk_VotingInterestEntityClassificationofCarryingAmountAssets_33EAD969453F5C4B9A1A41B118EC5315" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Voting Interest Entity, Classification of Carrying Amount, Assets </link:label>
<link:label id="lab_bk_VotingInterestEntityClassificationofCarryingAmountAssets_E54C92A2B1266F84F7869B691E35F0F3_documentation_en-US" xlink:label="lab_bk_VotingInterestEntityClassificationofCarryingAmountAssets_33EAD969453F5C4B9A1A41B118EC5315" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Balance sheet classification of the voting interest 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-20161231.xsd#bk_VotingInterestEntityClassificationofCarryingAmountAssets" xlink:label="loc_bk_VotingInterestEntityClassificationofCarryingAmountAssets_33EAD969453F5C4B9A1A41B118EC5315" xlink:type="locator"/>
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<link:label id="lab_bk_VotingInterestEntityClassificationofCarryingAmountLiabilities_2BFB0F058A07A5B40B769B691E353685_terseLabel_en-US" xlink:label="lab_bk_VotingInterestEntityClassificationofCarryingAmountLiabilities_C4E8EF2C746D5FEFB2ADC899FDFC11CF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> VIE classification of carrying amount, liabilities </link:label>
<link:label id="lab_bk_VotingInterestEntityClassificationofCarryingAmountLiabilities_2BFB0F058A07A5B40B769B691E353685_label_en-US" xlink:label="lab_bk_VotingInterestEntityClassificationofCarryingAmountLiabilities_C4E8EF2C746D5FEFB2ADC899FDFC11CF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Voting Interest Entity, Classification of Carrying Amount, Liabilities </link:label>
<link:label id="lab_bk_VotingInterestEntityClassificationofCarryingAmountLiabilities_2BFB0F058A07A5B40B769B691E353685_documentation_en-US" xlink:label="lab_bk_VotingInterestEntityClassificationofCarryingAmountLiabilities_C4E8EF2C746D5FEFB2ADC899FDFC11CF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Balance sheet classification of the voting interest 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>
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<link:label id="lab_bk_NoncontrollingInterestinVotingInterestEntity_2DA5AF5AAE3314EEBBC99B691E350F2A_terseLabel_en-US" xlink:label="lab_bk_NoncontrollingInterestinVotingInterestEntity_0841B70DE3B4544C94DEBB32B24F60AE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Noncontrolling interest in VIE </link:label>
<link:label id="lab_bk_NoncontrollingInterestinVotingInterestEntity_2DA5AF5AAE3314EEBBC99B691E350F2A_label_en-US" xlink:label="lab_bk_NoncontrollingInterestinVotingInterestEntity_0841B70DE3B4544C94DEBB32B24F60AE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noncontrolling Interest in Voting Interest Entity </link:label>
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<link:label id="lab_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_4027460D8F6E97AF9E757D1EC3B5F5E2_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_4027460D8F6E97AF9E757D1EC3B5F5E2" 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>
<link:label id="lab_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_4027460D8F6E97AF9E757D1EC3B5F5E2_label_en-US" xlink:label="lab_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_4027460D8F6E97AF9E757D1EC3B5F5E2" xlink:role="http://www.xbrl.org/2003/role/label" 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_DefinedBenefitPlansDomain_3A033A838B2BBEB6ED4C7D1EC3B5D677_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlansDomain_3A033A838B2BBEB6ED4C7D1EC3B5D677" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan and Other Postretirement Benefit Plan [Domain] </link:label>
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<link:label id="lab_us-gaap_UnitedStatesPensionPlansOfUSEntityDefinedBenefitMember_7C4BD3D09C31FA6B16A97D1EC3B64EE6_terseLabel_en-US" xlink:label="lab_us-gaap_UnitedStatesPensionPlansOfUSEntityDefinedBenefitMember_7C4BD3D09C31FA6B16A97D1EC3B64EE6" 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_UnitedStatesPensionPlansOfUSEntityDefinedBenefitMember_7C4BD3D09C31FA6B16A97D1EC3B64EE6_label_en-US" xlink:label="lab_us-gaap_UnitedStatesPensionPlansOfUSEntityDefinedBenefitMember_7C4BD3D09C31FA6B16A97D1EC3B64EE6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> United States Pension Plan of US Entity [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnitedStatesPensionPlansOfUSEntityDefinedBenefitMember" xlink:label="loc_us-gaap_UnitedStatesPensionPlansOfUSEntityDefinedBenefitMember_7C4BD3D09C31FA6B16A97D1EC3B64EE6" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ForeignPensionPlansDefinedBenefitMember_3FCE032FFE3974DFC6CE7D1EC3B64A26_terseLabel_en-US" xlink:label="lab_us-gaap_ForeignPensionPlansDefinedBenefitMember_3FCE032FFE3974DFC6CE7D1EC3B64A26" 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_ForeignPensionPlansDefinedBenefitMember_3FCE032FFE3974DFC6CE7D1EC3B64A26_label_en-US" xlink:label="lab_us-gaap_ForeignPensionPlansDefinedBenefitMember_3FCE032FFE3974DFC6CE7D1EC3B64A26" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign Pension Plan [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ForeignPensionPlansDefinedBenefitMember" xlink:label="loc_us-gaap_ForeignPensionPlansDefinedBenefitMember_3FCE032FFE3974DFC6CE7D1EC3B64A26" xlink:type="locator"/>
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<link:label id="lab_us-gaap_UnitedStatesPostretirementBenefitPlansOfUSEntityDefinedBenefitMember_D14550A9FD9EA96A5DC67D1EC3B60653_terseLabel_en-US" xlink:label="lab_us-gaap_UnitedStatesPostretirementBenefitPlansOfUSEntityDefinedBenefitMember_D14550A9FD9EA96A5DC67D1EC3B60653" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Domestic Healthcare Benefits </link:label>
<link:label id="lab_us-gaap_UnitedStatesPostretirementBenefitPlansOfUSEntityDefinedBenefitMember_D14550A9FD9EA96A5DC67D1EC3B60653_label_en-US" xlink:label="lab_us-gaap_UnitedStatesPostretirementBenefitPlansOfUSEntityDefinedBenefitMember_D14550A9FD9EA96A5DC67D1EC3B60653" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> United States Postretirement Benefit Plan of US Entity [Member] </link:label>
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<link:label id="lab_us-gaap_ForeignPostretirementBenefitPlansDefinedBenefitMember_A6D261A26D0492F88FC67D1EC3B6CF7D_terseLabel_en-US" xlink:label="lab_us-gaap_ForeignPostretirementBenefitPlansDefinedBenefitMember_A6D261A26D0492F88FC67D1EC3B6CF7D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign Healthcare Benefits </link:label>
<link:label id="lab_us-gaap_ForeignPostretirementBenefitPlansDefinedBenefitMember_A6D261A26D0492F88FC67D1EC3B6CF7D_label_en-US" xlink:label="lab_us-gaap_ForeignPostretirementBenefitPlansDefinedBenefitMember_A6D261A26D0492F88FC67D1EC3B6CF7D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign Postretirement Benefit Plan [Member] </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease_FE025250CED7C26501817D1EC3B62F87_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease_FE025250CED7C26501817D1EC3B62F87" 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_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease_FE025250CED7C26501817D1EC3B62F87_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease_FE025250CED7C26501817D1EC3B62F87" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Rate of Compensation Increase </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease" xlink:label="loc_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease_FE025250CED7C26501817D1EC3B62F87" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanChangeInBenefitObligationRollForward_3DE427E98628781D7FC47D1EC3B66541_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanChangeInBenefitObligationRollForward_3DE427E98628781D7FC47D1EC3B66541" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in benefit obligation </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanChangeInBenefitObligationRollForward_3DE427E98628781D7FC47D1EC3B66541_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanChangeInBenefitObligationRollForward_3DE427E98628781D7FC47D1EC3B66541" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Change in Benefit Obligation [Roll Forward] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanChangeInBenefitObligationRollForward" xlink:label="loc_us-gaap_DefinedBenefitPlanChangeInBenefitObligationRollForward_3DE427E98628781D7FC47D1EC3B66541" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanChangeInBenefitObligationRollForward_3DE427E98628781D7FC47D1EC3B66541" xlink:to="lab_us-gaap_DefinedBenefitPlanChangeInBenefitObligationRollForward_3DE427E98628781D7FC47D1EC3B66541" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanBenefitObligation_2EBD55E7D1AE6C2E14367D1EC3B6B7CE_negatedPeriodStartLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanBenefitObligation_2EBD55E7D1AE6C2E14367D1EC3B6B7CE" xlink:role="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:type="resource" xml:lang="en-US"> Benefit obligation at beginning of period </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanBenefitObligation_2EBD55E7D1AE6C2E14367D1EC3B6B7CE_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanBenefitObligation_2EBD55E7D1AE6C2E14367D1EC3B6B7CE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Benefit Obligation </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanBenefitObligation" xlink:label="loc_us-gaap_DefinedBenefitPlanBenefitObligation_2EBD55E7D1AE6C2E14367D1EC3B6B7CE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanBenefitObligation_2EBD55E7D1AE6C2E14367D1EC3B6B7CE" xlink:to="lab_us-gaap_DefinedBenefitPlanBenefitObligation_2EBD55E7D1AE6C2E14367D1EC3B6B7CE" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanServiceCost_A16DEBD74571C9A589C87D1EC3B6A7EA_negatedLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanServiceCost_A16DEBD74571C9A589C87D1EC3B6A7EA" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Service cost </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanServiceCost_A16DEBD74571C9A589C87D1EC3B6A7EA_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanServiceCost_A16DEBD74571C9A589C87D1EC3B6A7EA" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanServiceCost" xlink:label="loc_us-gaap_DefinedBenefitPlanServiceCost_A16DEBD74571C9A589C87D1EC3B6A7EA" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanInterestCost_9EE3699EDAACCE89AC6F7D1EC3B663A3_negatedLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanInterestCost_9EE3699EDAACCE89AC6F7D1EC3B663A3" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Interest cost </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanInterestCost_9EE3699EDAACCE89AC6F7D1EC3B663A3_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanInterestCost_9EE3699EDAACCE89AC6F7D1EC3B663A3" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanInterestCost" xlink:label="loc_us-gaap_DefinedBenefitPlanInterestCost_9EE3699EDAACCE89AC6F7D1EC3B663A3" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanContributionsByPlanParticipants_BEC26C183A261E59D1527D1EC3B61407_negatedLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanContributionsByPlanParticipants_BEC26C183A261E59D1527D1EC3B61407" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Employee contributions </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanContributionsByPlanParticipants_BEC26C183A261E59D1527D1EC3B61407_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanContributionsByPlanParticipants_BEC26C183A261E59D1527D1EC3B61407" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Contributions by Plan Participants </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanContributionsByPlanParticipants" xlink:label="loc_us-gaap_DefinedBenefitPlanContributionsByPlanParticipants_BEC26C183A261E59D1527D1EC3B61407" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanPlanAmendments_753AB54CBCFFE826DBC37D1EC3B61A8C_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPlanAmendments_753AB54CBCFFE826DBC37D1EC3B61A8C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Amendments </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanPlanAmendments_753AB54CBCFFE826DBC37D1EC3B61A8C_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPlanAmendments_753AB54CBCFFE826DBC37D1EC3B61A8C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Plan Amendments </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanPlanAmendments" xlink:label="loc_us-gaap_DefinedBenefitPlanPlanAmendments_753AB54CBCFFE826DBC37D1EC3B61A8C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanActuarialGainLoss_303C8281EDC5888B07F07D1EC3B65F80_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanActuarialGainLoss_303C8281EDC5888B07F07D1EC3B65F80" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Actuarial gain (loss) </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanActuarialGainLoss_303C8281EDC5888B07F07D1EC3B65F80_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanActuarialGainLoss_303C8281EDC5888B07F07D1EC3B65F80" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Actuarial Gain (Loss) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanActuarialGainLoss" xlink:label="loc_us-gaap_DefinedBenefitPlanActuarialGainLoss_303C8281EDC5888B07F07D1EC3B65F80" xlink:type="locator"/>
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<link:label id="lab_bk_DefinedBenefitPlanAcquisitionsDivestituresBenefitObligation_210E916475CBF6E34FBD7D1EC3B65342_terseLabel_en-US" xlink:label="lab_bk_DefinedBenefitPlanAcquisitionsDivestituresBenefitObligation_210E916475CBF6E34FBD7D1EC3B65342" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Divestitures </link:label>
<link:label id="lab_bk_DefinedBenefitPlanAcquisitionsDivestituresBenefitObligation_210E916475CBF6E34FBD7D1EC3B65342_label_en-US" xlink:label="lab_bk_DefinedBenefitPlanAcquisitionsDivestituresBenefitObligation_210E916475CBF6E34FBD7D1EC3B65342" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan Acquisitions (Divestitures) Benefit Obligation </link:label>
<link:label id="lab_bk_DefinedBenefitPlanAcquisitionsDivestituresBenefitObligation_210E916475CBF6E34FBD7D1EC3B65342_documentation_en-US" xlink:label="lab_bk_DefinedBenefitPlanAcquisitionsDivestituresBenefitObligation_210E916475CBF6E34FBD7D1EC3B65342" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The projected benefit obligation of a defined benefit plan or accumulated postretirement benefit obligation of a defined benefit postretirement plan, which is due to acquisition or divestiture of the plan during the measurement period. </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_DefinedBenefitPlanAcquisitionsDivestituresBenefitObligation" xlink:label="loc_bk_DefinedBenefitPlanAcquisitionsDivestituresBenefitObligation_210E916475CBF6E34FBD7D1EC3B65342" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanCurtailments_813CDCA857CC125CB56F7D1EC3B615E4_verboseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanCurtailments_813CDCA857CC125CB56F7D1EC3B615E4" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Curtailments </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanCurtailments_813CDCA857CC125CB56F7D1EC3B615E4_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanCurtailments_813CDCA857CC125CB56F7D1EC3B615E4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Curtailments </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanCurtailments" xlink:label="loc_us-gaap_DefinedBenefitPlanCurtailments_813CDCA857CC125CB56F7D1EC3B615E4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanSpecialTerminationBenefits_6A7D026B1786D8933C337D1EC3B7448A_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanSpecialTerminationBenefits_6A7D026B1786D8933C337D1EC3B7448A" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Special termination benefits </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanSpecialTerminationBenefits_6A7D026B1786D8933C337D1EC3B7448A_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanSpecialTerminationBenefits_6A7D026B1786D8933C337D1EC3B7448A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Special Termination Benefits </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanSpecialTerminationBenefits" xlink:label="loc_us-gaap_DefinedBenefitPlanSpecialTerminationBenefits_6A7D026B1786D8933C337D1EC3B7448A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanBenefitsPaid_284EF949F743CE5ECBB47D1EC3B796B9_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanBenefitsPaid_284EF949F743CE5ECBB47D1EC3B796B9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Benefits paid </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanBenefitsPaid_284EF949F743CE5ECBB47D1EC3B796B9_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanBenefitsPaid_284EF949F743CE5ECBB47D1EC3B796B9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Benefits Paid </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanBenefitsPaid" xlink:label="loc_us-gaap_DefinedBenefitPlanBenefitsPaid_284EF949F743CE5ECBB47D1EC3B796B9" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation_49F3BCF87997F9ABA5767D1EC3B7D3D7_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation_49F3BCF87997F9ABA5767D1EC3B7D3D7" 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_DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation_49F3BCF87997F9ABA5767D1EC3B7D3D7_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation_49F3BCF87997F9ABA5767D1EC3B7D3D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Foreign Currency Exchange Rate Gain (Loss) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation" xlink:label="loc_us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation_49F3BCF87997F9ABA5767D1EC3B7D3D7" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward_B22B1B164EE03EE090B07D1EC3B7B275_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward_B22B1B164EE03EE090B07D1EC3B7B275" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in fair value of plan assets </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward_B22B1B164EE03EE090B07D1EC3B7B275_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward_B22B1B164EE03EE090B07D1EC3B7B275" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward] </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssets_1DFBFAB7E0D4CF3F6F347D1EC3B7621C_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssets_1DFBFAB7E0D4CF3F6F347D1EC3B7621C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Actual return on plan assets </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanActualReturnOnPlanAssets" xlink:label="loc_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssets_1DFBFAB7E0D4CF3F6F347D1EC3B7621C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanContributionsByEmployer_159FB2F7027FD985E2A47D1EC3B7A786_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanContributionsByEmployer_159FB2F7027FD985E2A47D1EC3B7A786" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Employer contributions </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanContributionsByEmployer_159FB2F7027FD985E2A47D1EC3B7A786_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanContributionsByEmployer_159FB2F7027FD985E2A47D1EC3B7A786" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Contributions by Employer </link:label>
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<link:label id="lab_bk_DefinedBenefitPlanAcquisitionsDivestituresPlanAssets_4377EB2D366AD34100DB7D1EC3B71657_terseLabel_en-US" xlink:label="lab_bk_DefinedBenefitPlanAcquisitionsDivestituresPlanAssets_4377EB2D366AD34100DB7D1EC3B71657" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Acquisitions (divestitures) </link:label>
<link:label id="lab_bk_DefinedBenefitPlanAcquisitionsDivestituresPlanAssets_4377EB2D366AD34100DB7D1EC3B71657_label_en-US" xlink:label="lab_bk_DefinedBenefitPlanAcquisitionsDivestituresPlanAssets_4377EB2D366AD34100DB7D1EC3B71657" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan Acquisitions Divestitures Plan Assets </link:label>
<link:label id="lab_bk_DefinedBenefitPlanAcquisitionsDivestituresPlanAssets_4377EB2D366AD34100DB7D1EC3B71657_documentation_en-US" xlink:label="lab_bk_DefinedBenefitPlanAcquisitionsDivestituresPlanAssets_4377EB2D366AD34100DB7D1EC3B71657" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Acquisitions (Divestitures), Plan Assets </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_DefinedBenefitPlanAcquisitionsDivestituresPlanAssets" xlink:label="loc_bk_DefinedBenefitPlanAcquisitionsDivestituresPlanAssets_4377EB2D366AD34100DB7D1EC3B71657" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets_91EDF8F0E951FB96413D7D1EC3B71BAF_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets_91EDF8F0E951FB96413D7D1EC3B71BAF" 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_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets_91EDF8F0E951FB96413D7D1EC3B71BAF_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets_91EDF8F0E951FB96413D7D1EC3B71BAF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Foreign Currency Exchange Rate Changes, Plan Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets" xlink:label="loc_us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets_91EDF8F0E951FB96413D7D1EC3B71BAF" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_D8001BAB5562AEFC96857D1EC3B781C5_periodEndLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_D8001BAB5562AEFC96857D1EC3B781C5" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Fair value at end of period </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanFairValueOfPlanAssets" xlink:label="loc_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_D8001BAB5562AEFC96857D1EC3B781C5" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanFundedStatusOfPlan_C999F34EF09823DB0D3C7D1EC3B7616C_totalLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanFundedStatusOfPlan_C999F34EF09823DB0D3C7D1EC3B7616C" 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_C999F34EF09823DB0D3C7D1EC3B7616C_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanFundedStatusOfPlan_C999F34EF09823DB0D3C7D1EC3B7616C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Funded Status of Plan </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTaxAbstract_F7E0D375567FEF3513C37D1EC3B72FC7_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTaxAbstract_F7E0D375567FEF3513C37D1EC3B72FC7" 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_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax_B5A9613B3B28C5BEEE257D1EC3B7473A_negatedLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax_B5A9613B3B28C5BEEE257D1EC3B7473A" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Net loss (gain) </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax_ADBDDFE147EA4194964C7D1EC3B7A16E_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax_ADBDDFE147EA4194964C7D1EC3B7A16E" 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_DefinedBenefitPlanByPlanAssetCategoriesAxis_2A0B3EC68745672CC9B771CECB3AF9ED_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis_2A0B3EC68745672CC9B771CECB3AF9ED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Asset Categories [Axis] </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis_2A0B3EC68745672CC9B771CECB3AF9ED_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis_2A0B3EC68745672CC9B771CECB3AF9ED" xlink:role="http://www.xbrl.org/2003/role/label" 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_D864A19D8B6D37E1832971CECB3A31B0_label_en-US" xlink:label="lab_us-gaap_PlanAssetCategoriesDomain_D864A19D8B6D37E1832971CECB3A31B0" 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_CorporateDebtObligationsMember_A6B28246B9107BF5CDC071CECB3AD0E9_terseLabel_en-US" xlink:label="lab_bk_CorporateDebtObligationsMember_A6B28246B9107BF5CDC071CECB3AD0E9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Corporate Debt Obligations </link:label>
<link:label id="lab_bk_CorporateDebtObligationsMember_A6B28246B9107BF5CDC071CECB3AD0E9_label_en-US" xlink:label="lab_bk_CorporateDebtObligationsMember_A6B28246B9107BF5CDC071CECB3AD0E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Corporate Debt Obligations [Member] </link:label>
<link:label id="lab_bk_CorporateDebtObligationsMember_A6B28246B9107BF5CDC071CECB3AD0E9_documentation_en-US" xlink:label="lab_bk_CorporateDebtObligationsMember_A6B28246B9107BF5CDC071CECB3AD0E9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Corporate Debt Obligations </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_CorporateDebtObligationsMember" xlink:label="loc_bk_CorporateDebtObligationsMember_A6B28246B9107BF5CDC071CECB3AD0E9" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssets_996D297CE2FEE91E6F9E71CECB3AC0B6_verboseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssets_996D297CE2FEE91E6F9E71CECB3AC0B6" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Total gains or (losses) included in earnings (or changes in net assets) </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanActualReturnOnPlanAssetsStillHeld" xlink:label="loc_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssetsStillHeld_2461D6A5DDAB8074E04171CECB3AFEE9" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeTable_58F1A1A2A8CB5EDBA25E963655D703C5_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeTable_07ABB44866B45CB8B4B3353A751C7FAA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative [Table] </link:label>
<link:label id="lab_us-gaap_DerivativeTable_58F1A1A2A8CB5EDBA25E963655D703C5_label_en-US" xlink:label="lab_us-gaap_DerivativeTable_07ABB44866B45CB8B4B3353A751C7FAA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative [Table] </link:label>
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<link:label id="lab_us-gaap_BalanceSheetLocationAxis_977A275376F5C270477E963655D77608_terseLabel_en-US" xlink:label="lab_us-gaap_BalanceSheetLocationAxis_9E90DC7B74A45352ADF32824CCE7F1EA" 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_977A275376F5C270477E963655D77608_label_en-US" xlink:label="lab_us-gaap_BalanceSheetLocationAxis_9E90DC7B74A45352ADF32824CCE7F1EA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Balance Sheet Location [Axis] </link:label>
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<link:label id="lab_us-gaap_BalanceSheetLocationDomain_A958B6EA84580861CFF5963655D709E1_label_en-US" xlink:label="lab_us-gaap_BalanceSheetLocationDomain_6E4F7369403F55DC8183FF863766EBA4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Balance Sheet Location [Domain] </link:label>
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<link:label id="lab_us-gaap_LongTermDebtMember_743ACD419D37D07AC1EB963655D7953C_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMember_A3A10DAB9C155D82954C8FEFF763819E" 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_743ACD419D37D07AC1EB963655D7953C_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMember_A3A10DAB9C155D82954C8FEFF763819E" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMember" xlink:label="loc_us-gaap_LongTermDebtMember_A3A10DAB9C155D82954C8FEFF763819E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeLineItems_A3666191789C02EE4F4B963655D7A301_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLineItems_F8331EADBDE15E078BB1C1003C369759" 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_A3666191789C02EE4F4B963655D7A301_label_en-US" xlink:label="lab_us-gaap_DerivativeLineItems_F8331EADBDE15E078BB1C1003C369759" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative [Line Items] </link:label>
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<link:label id="lab_bk_HedgedFinancialInstrumentsCarryingAmount_96A529F8029EF55893AE963655D7DE77_terseLabel_en-US" xlink:label="lab_bk_HedgedFinancialInstrumentsCarryingAmount_BEEEB45B95175000ABB9FAAC6ADE9B51" 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_96A529F8029EF55893AE963655D7DE77_label_en-US" xlink:label="lab_bk_HedgedFinancialInstrumentsCarryingAmount_BEEEB45B95175000ABB9FAAC6ADE9B51" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Hedged Financial Instruments Carrying Amount </link:label>
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<link:loc xlink:href="bk-20161231.xsd#bk_HedgedFinancialInstrumentsCarryingAmount" xlink:label="loc_bk_HedgedFinancialInstrumentsCarryingAmount_BEEEB45B95175000ABB9FAAC6ADE9B51" xlink:type="locator"/>
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<link:label id="lab_invest_DerivativeNotionalAmount_8C36AA21606770235224963655D75E4E_label_en-US" xlink:label="lab_invest_DerivativeNotionalAmount_71205E62659D517B90DF8B4D1AC6B96E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative, Notional Amount </link:label>
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<link:label id="lab_us-gaap_HedgingDesignationDomain_1017FE0DE9EFF05844659B691C9273B5_terseLabel_en-US" xlink:label="lab_us-gaap_HedgingDesignationDomain_6F026156E1525AC0A8AE46065CD1147D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Hedging Designation [Domain] </link:label>
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<link:label id="lab_us-gaap_DesignatedAsHedgingInstrumentMember_59FF0BD43AB1D0F2D0199B691C9236D1_terseLabel_en-US" xlink:label="lab_us-gaap_DesignatedAsHedgingInstrumentMember_E318B6B251145B9E9389261957C38D80" 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_59FF0BD43AB1D0F2D0199B691C9236D1_label_en-US" xlink:label="lab_us-gaap_DesignatedAsHedgingInstrumentMember_E318B6B251145B9E9389261957C38D80" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Designated as Hedging Instrument [Member] </link:label>
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<link:label id="lab_us-gaap_NondesignatedMember_8EC807A41482F0ADA5E29B691C9207C3_label_en-US" xlink:label="lab_us-gaap_NondesignatedMember_06CBAEF045A25079A17D1C81826C25B3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Not Designated as Hedging Instrument [Member] </link:label>
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<link:label id="lab_us-gaap_DerivativeInstrumentRiskAxis_62C1456BD824489C06769B691C92D583_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentRiskAxis_EB9DC55A28E75594A9D297532F59CD8F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Instrument Risk [Axis] </link:label>
<link:label id="lab_us-gaap_DerivativeInstrumentRiskAxis_62C1456BD824489C06769B691C92D583_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentRiskAxis_EB9DC55A28E75594A9D297532F59CD8F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Instrument [Axis] </link:label>
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<link:label id="lab_us-gaap_DerivativeContractTypeDomain_91CAD1D5C8C95F4B9E9B9B691C920598_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeContractTypeDomain_8B2983987EFE5561A6E6F9BE545B3622" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Contract Type [Domain] </link:label>
<link:label id="lab_us-gaap_DerivativeContractTypeDomain_91CAD1D5C8C95F4B9E9B9B691C920598_label_en-US" xlink:label="lab_us-gaap_DerivativeContractTypeDomain_8B2983987EFE5561A6E6F9BE545B3622" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Contract [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="loc_us-gaap_DerivativeContractTypeDomain_8B2983987EFE5561A6E6F9BE545B3622" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestRateContractMember_C1E764A6FDE59852329B9B691C92F849_terseLabel_en-US" xlink:label="lab_us-gaap_InterestRateContractMember_1080588787FE589296ADD4BB076893A1" 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_C1E764A6FDE59852329B9B691C92F849_label_en-US" xlink:label="lab_us-gaap_InterestRateContractMember_1080588787FE589296ADD4BB076893A1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Rate Contract [Member] </link:label>
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<link:label id="lab_us-gaap_ForeignExchangeContractMember_2DB2D87BC3FEEE6238C19B691C92F81C_terseLabel_en-US" xlink:label="lab_us-gaap_ForeignExchangeContractMember_E53F9954D164589887F77CACBD3A11B5" 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_2DB2D87BC3FEEE6238C19B691C92F81C_label_en-US" xlink:label="lab_us-gaap_ForeignExchangeContractMember_E53F9954D164589887F77CACBD3A11B5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign Exchange Contract [Member] </link:label>
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<link:label id="lab_us-gaap_EquityContractMember_8F23CB7B3EA088B029129B691C970000_label_en-US" xlink:label="lab_us-gaap_EquityContractMember_4A037A20D46E59509B371DF01E347C16" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity Contract [Member] </link:label>
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<link:label id="lab_us-gaap_CreditRiskContractMember_B6F5A418CC77FE6609EB9B691C979D6F_terseLabel_en-US" xlink:label="lab_us-gaap_CreditRiskContractMember_FFD83EAAD2435EDC95B2E89447F999E0" 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_B6F5A418CC77FE6609EB9B691C979D6F_label_en-US" xlink:label="lab_us-gaap_CreditRiskContractMember_FFD83EAAD2435EDC95B2E89447F999E0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Credit Risk Contract [Member] </link:label>
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<link:label id="lab_us-gaap_DerivativeAssets_0FC425E1D2E97467EABA9B691C980822_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssets_82358E27882F5C0FB7E7148281A421EF" 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_0FC425E1D2E97467EABA9B691C980822_label_en-US" xlink:label="lab_us-gaap_DerivativeAssets_82358E27882F5C0FB7E7148281A421EF" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeAssets" xlink:label="loc_us-gaap_DerivativeAssets_82358E27882F5C0FB7E7148281A421EF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssets_82358E27882F5C0FB7E7148281A421EF" xlink:to="lab_us-gaap_DerivativeAssets_82358E27882F5C0FB7E7148281A421EF" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement_F76B65834A29ADFB34569B691C985E7E_verboseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement_8A44F9D258055237ADDFC52AEA0C3625" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Liability derivatives fair value </link:label>
<link:label id="lab_us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement_F76B65834A29ADFB34569B691C985E7E_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement_8A44F9D258055237ADDFC52AEA0C3625" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement" xlink:label="loc_us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement_8A44F9D258055237ADDFC52AEA0C3625" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement_8A44F9D258055237ADDFC52AEA0C3625" xlink:to="lab_us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement_8A44F9D258055237ADDFC52AEA0C3625" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeLiabilityFairValueGrossAsset_98DDB0C46A20336F5CD19B691C98AC06_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityFairValueGrossAsset_C3912B6C38E756F2846F031641E3BA98" 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:label id="lab_us-gaap_DerivativeLiabilityFairValueGrossAsset_98DDB0C46A20336F5CD19B691C98AC06_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityFairValueGrossAsset_C3912B6C38E756F2846F031641E3BA98" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilityFairValueGrossAsset" xlink:label="loc_us-gaap_DerivativeLiabilityFairValueGrossAsset_C3912B6C38E756F2846F031641E3BA98" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLiabilityFairValueGrossAsset_C3912B6C38E756F2846F031641E3BA98" xlink:to="lab_us-gaap_DerivativeLiabilityFairValueGrossAsset_C3912B6C38E756F2846F031641E3BA98" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeLiabilities_8B79C3CF9FDA90C0043D9B691C98CFB9_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilities_32A501E3EDA55A65ADA1CC08FA0C4237" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total derivatives, Net liabilities recognized on the balance sheet </link:label>
<link:label id="lab_us-gaap_DerivativeLiabilities_8B79C3CF9FDA90C0043D9B691C98CFB9_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilities_32A501E3EDA55A65ADA1CC08FA0C4237" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="loc_us-gaap_DerivativeLiabilities_32A501E3EDA55A65ADA1CC08FA0C4237" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLiabilities_32A501E3EDA55A65ADA1CC08FA0C4237" xlink:to="lab_us-gaap_DerivativeLiabilities_32A501E3EDA55A65ADA1CC08FA0C4237" xlink:type="arc"/>
<link:label id="lab_bk_CashCollateralReceived_B26D117F29D81617D71E9B691C98C5B7_terseLabel_en-US" xlink:label="lab_bk_CashCollateralReceived_0D66E32CF555549B9C1D1F3DAF6D51BD" 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_B26D117F29D81617D71E9B691C98C5B7_label_en-US" xlink:label="lab_bk_CashCollateralReceived_0D66E32CF555549B9C1D1F3DAF6D51BD" 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_B26D117F29D81617D71E9B691C98C5B7_documentation_en-US" xlink:label="lab_bk_CashCollateralReceived_0D66E32CF555549B9C1D1F3DAF6D51BD" 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-20161231.xsd#bk_CashCollateralReceived" xlink:label="loc_bk_CashCollateralReceived_0D66E32CF555549B9C1D1F3DAF6D51BD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_CashCollateralReceived_0D66E32CF555549B9C1D1F3DAF6D51BD" xlink:to="lab_bk_CashCollateralReceived_0D66E32CF555549B9C1D1F3DAF6D51BD" xlink:type="arc"/>
<link:label id="lab_bk_CashCollateralPaid_3FDE18DABB955F9E69739B691C98D215_terseLabel_en-US" xlink:label="lab_bk_CashCollateralPaid_361D093F1ED45B6D99318C2AD638465C" 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_3FDE18DABB955F9E69739B691C98D215_label_en-US" xlink:label="lab_bk_CashCollateralPaid_361D093F1ED45B6D99318C2AD638465C" 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_3FDE18DABB955F9E69739B691C98D215_documentation_en-US" xlink:label="lab_bk_CashCollateralPaid_361D093F1ED45B6D99318C2AD638465C" 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-20161231.xsd#bk_CashCollateralPaid" xlink:label="loc_bk_CashCollateralPaid_361D093F1ED45B6D99318C2AD638465C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_CashCollateralPaid_361D093F1ED45B6D99318C2AD638465C" xlink:to="lab_bk_CashCollateralPaid_361D093F1ED45B6D99318C2AD638465C" xlink:type="arc"/>
<link:label id="lab_us-gaap_ConcentrationRiskTable_361869A8D56CE9DE751A9A883330FDE4_terseLabel_en-US" xlink:label="lab_us-gaap_ConcentrationRiskTable_F488FFB2FEDD5051902E1C01373E8A80" 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_361869A8D56CE9DE751A9A883330FDE4_label_en-US" xlink:label="lab_us-gaap_ConcentrationRiskTable_F488FFB2FEDD5051902E1C01373E8A80" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConcentrationRiskTable" xlink:label="loc_us-gaap_ConcentrationRiskTable_F488FFB2FEDD5051902E1C01373E8A80" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConcentrationRiskTable_F488FFB2FEDD5051902E1C01373E8A80" xlink:to="lab_us-gaap_ConcentrationRiskTable_F488FFB2FEDD5051902E1C01373E8A80" xlink:type="arc"/>
<link:label id="lab_us-gaap_LossContingenciesByNatureOfContingencyAxis_124C787B1CEAF678C8BA9A8833310CB7_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingenciesByNatureOfContingencyAxis_EBB983F929795FF593902CB09AC406BC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss Contingency Nature [Axis] </link:label>
<link:label id="lab_us-gaap_LossContingenciesByNatureOfContingencyAxis_124C787B1CEAF678C8BA9A8833310CB7_label_en-US" xlink:label="lab_us-gaap_LossContingenciesByNatureOfContingencyAxis_EBB983F929795FF593902CB09AC406BC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loss Contingency Nature [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingenciesByNatureOfContingencyAxis" xlink:label="loc_us-gaap_LossContingenciesByNatureOfContingencyAxis_EBB983F929795FF593902CB09AC406BC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingenciesByNatureOfContingencyAxis_EBB983F929795FF593902CB09AC406BC" xlink:to="lab_us-gaap_LossContingenciesByNatureOfContingencyAxis_EBB983F929795FF593902CB09AC406BC" xlink:type="arc"/>
<link:label id="lab_us-gaap_LossContingencyNatureDomain_4E39FF8ED896A745D9BE9A883331490F_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingencyNatureDomain_9922AD38FD215796939D3212570D2A8E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss Contingency, Nature [Domain] </link:label>
<link:label id="lab_us-gaap_LossContingencyNatureDomain_4E39FF8ED896A745D9BE9A883331490F_label_en-US" xlink:label="lab_us-gaap_LossContingencyNatureDomain_9922AD38FD215796939D3212570D2A8E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loss Contingency, Nature [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingencyNatureDomain" xlink:label="loc_us-gaap_LossContingencyNatureDomain_9922AD38FD215796939D3212570D2A8E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingencyNatureDomain_9922AD38FD215796939D3212570D2A8E" xlink:to="lab_us-gaap_LossContingencyNatureDomain_9922AD38FD215796939D3212570D2A8E" xlink:type="arc"/>
<link:label id="lab_us-gaap_StandbyLettersOfCreditMember_E405F66450B6AF301E7B9A88333126E1_terseLabel_en-US" xlink:label="lab_us-gaap_StandbyLettersOfCreditMember_C0FC653E03DB5F5C96C0192CDCC6E338" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Standby letters of credit </link:label>
<link:label id="lab_us-gaap_StandbyLettersOfCreditMember_E405F66450B6AF301E7B9A88333126E1_label_en-US" xlink:label="lab_us-gaap_StandbyLettersOfCreditMember_C0FC653E03DB5F5C96C0192CDCC6E338" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Standby Letters of Credit [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StandbyLettersOfCreditMember" xlink:label="loc_us-gaap_StandbyLettersOfCreditMember_C0FC653E03DB5F5C96C0192CDCC6E338" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StandbyLettersOfCreditMember_C0FC653E03DB5F5C96C0192CDCC6E338" xlink:to="lab_us-gaap_StandbyLettersOfCreditMember_C0FC653E03DB5F5C96C0192CDCC6E338" xlink:type="arc"/>
<link:label id="lab_us-gaap_ConcentrationRiskByTypeAxis_2D30813ACDCF6935D1299A883331AA8A_terseLabel_en-US" xlink:label="lab_us-gaap_ConcentrationRiskByTypeAxis_6A1DC399083E5BB8A462B12C531FDDBB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Concentration Risk Type [Axis] </link:label>
<link:label id="lab_us-gaap_ConcentrationRiskByTypeAxis_2D30813ACDCF6935D1299A883331AA8A_label_en-US" xlink:label="lab_us-gaap_ConcentrationRiskByTypeAxis_6A1DC399083E5BB8A462B12C531FDDBB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Concentration Risk Type [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConcentrationRiskByTypeAxis" xlink:label="loc_us-gaap_ConcentrationRiskByTypeAxis_6A1DC399083E5BB8A462B12C531FDDBB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ConcentrationRiskTypeDomain_9BE44DC9EF21245AA1CA9A8833312105_terseLabel_en-US" xlink:label="lab_us-gaap_ConcentrationRiskTypeDomain_B8804514FAEE5DF49C6E380286F7282D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Concentration Risk Type [Domain] </link:label>
<link:label id="lab_us-gaap_ConcentrationRiskTypeDomain_9BE44DC9EF21245AA1CA9A8833312105_label_en-US" xlink:label="lab_us-gaap_ConcentrationRiskTypeDomain_B8804514FAEE5DF49C6E380286F7282D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Concentration Risk Type [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConcentrationRiskTypeDomain" xlink:label="loc_us-gaap_ConcentrationRiskTypeDomain_B8804514FAEE5DF49C6E380286F7282D" xlink:type="locator"/>
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<link:label id="lab_bk_InvestmentGradeMember_C4B2A0CAD8519DC3D0359A883331D038_terseLabel_en-US" xlink:label="lab_bk_InvestmentGradeMember_D764C79BBA7C56CAB3C6CF82A9BFA892" 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_C4B2A0CAD8519DC3D0359A883331D038_label_en-US" xlink:label="lab_bk_InvestmentGradeMember_D764C79BBA7C56CAB3C6CF82A9BFA892" 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_C4B2A0CAD8519DC3D0359A883331D038_documentation_en-US" xlink:label="lab_bk_InvestmentGradeMember_D764C79BBA7C56CAB3C6CF82A9BFA892" 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-20161231.xsd#bk_InvestmentGradeMember" xlink:label="loc_bk_InvestmentGradeMember_D764C79BBA7C56CAB3C6CF82A9BFA892" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_InvestmentGradeMember_D764C79BBA7C56CAB3C6CF82A9BFA892" xlink:to="lab_bk_InvestmentGradeMember_D764C79BBA7C56CAB3C6CF82A9BFA892" xlink:type="arc"/>
<link:label id="lab_bk_NoninvestmentGradeMember_164F1B9A8814804D1A6F9A883331F3AE_terseLabel_en-US" xlink:label="lab_bk_NoninvestmentGradeMember_4ECD6A936A475C479C6E035F3889DB45" 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_164F1B9A8814804D1A6F9A883331F3AE_label_en-US" xlink:label="lab_bk_NoninvestmentGradeMember_4ECD6A936A475C479C6E035F3889DB45" 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_164F1B9A8814804D1A6F9A883331F3AE_documentation_en-US" xlink:label="lab_bk_NoninvestmentGradeMember_4ECD6A936A475C479C6E035F3889DB45" 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-20161231.xsd#bk_NoninvestmentGradeMember" xlink:label="loc_bk_NoninvestmentGradeMember_4ECD6A936A475C479C6E035F3889DB45" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ConcentrationRiskLineItems_26A4242910FF0C8AF1C19A883331C18A_terseLabel_en-US" xlink:label="lab_us-gaap_ConcentrationRiskLineItems_C9250EB3390653D89D6CC9BC6C312FDE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Concentration Risk [Line Items] </link:label>
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<link:label id="lab_bk_DomesticMember_8BB9CE670040298DF2B3E87A513DA80B_terseLabel_en-US" xlink:label="lab_bk_DomesticMember_339C4032DE7A5BF0BD41A0B4C8C29DE1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total Domestic </link:label>
<link:label id="lab_bk_DomesticMember_8BB9CE670040298DF2B3E87A513DA80B_label_en-US" xlink:label="lab_bk_DomesticMember_339C4032DE7A5BF0BD41A0B4C8C29DE1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Domestic [Member] </link:label>
<link:label id="lab_bk_DomesticMember_8BB9CE670040298DF2B3E87A513DA80B_documentation_en-US" xlink:label="lab_bk_DomesticMember_339C4032DE7A5BF0BD41A0B4C8C29DE1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Domestic </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_DomesticMember" xlink:label="loc_bk_DomesticMember_339C4032DE7A5BF0BD41A0B4C8C29DE1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_DomesticMember_339C4032DE7A5BF0BD41A0B4C8C29DE1" xlink:to="lab_bk_DomesticMember_339C4032DE7A5BF0BD41A0B4C8C29DE1" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis_D81EED8A501B84516C7DE87A513D18C5_verboseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis_4B8B142F8D5458E0A060A3948D552AA2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Portfolio Segment [Axis] </link:label>
<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis_D81EED8A501B84516C7DE87A513D18C5_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis_4B8B142F8D5458E0A060A3948D552AA2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Class of Financing Receivable, Type [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis" xlink:label="loc_us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis_4B8B142F8D5458E0A060A3948D552AA2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis_4B8B142F8D5458E0A060A3948D552AA2" xlink:to="lab_us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis_4B8B142F8D5458E0A060A3948D552AA2" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain_ECFE7BE0ADA902265005E87A513D4A59_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain_9D18EA18B742524EB2F5A61189951A9B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing Receivable Allowance [Domain] </link:label>
<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain_ECFE7BE0ADA902265005E87A513D4A59_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain_9D18EA18B742524EB2F5A61189951A9B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Class of Financing Receivable, Type [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain" xlink:label="loc_us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain_9D18EA18B742524EB2F5A61189951A9B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain_9D18EA18B742524EB2F5A61189951A9B" xlink:to="lab_us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain_9D18EA18B742524EB2F5A61189951A9B" xlink:type="arc"/>
<link:label id="lab_us-gaap_ResidentialPortfolioSegmentMember_B0F34D63232570268884E87A513D24F1_terseLabel_en-US" xlink:label="lab_us-gaap_ResidentialPortfolioSegmentMember_E2774749247C556EA6708DA7C1566B85" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other residential mortgages </link:label>
<link:label id="lab_us-gaap_ResidentialPortfolioSegmentMember_B0F34D63232570268884E87A513D24F1_label_en-US" xlink:label="lab_us-gaap_ResidentialPortfolioSegmentMember_E2774749247C556EA6708DA7C1566B85" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Residential Portfolio Segment [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ResidentialPortfolioSegmentMember" xlink:label="loc_us-gaap_ResidentialPortfolioSegmentMember_E2774749247C556EA6708DA7C1566B85" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ResidentialPortfolioSegmentMember_E2774749247C556EA6708DA7C1566B85" xlink:to="lab_us-gaap_ResidentialPortfolioSegmentMember_E2774749247C556EA6708DA7C1566B85" xlink:type="arc"/>
<link:label id="lab_bk_WealthManagementLoansAndMortgagesPortfolioSegmentMember_73C27D3544FC78C07A31E87A513D939B_terseLabel_en-US" xlink:label="lab_bk_WealthManagementLoansAndMortgagesPortfolioSegmentMember_7A8416E9CEDF59BFBBDF3B721FF357A2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Wealth management loans and mortgages </link:label>
<link:label id="lab_bk_WealthManagementLoansAndMortgagesPortfolioSegmentMember_73C27D3544FC78C07A31E87A513D939B_label_en-US" xlink:label="lab_bk_WealthManagementLoansAndMortgagesPortfolioSegmentMember_7A8416E9CEDF59BFBBDF3B721FF357A2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Wealth Management Loans And Mortgages Portfolio Segment [Member] </link:label>
<link:label id="lab_bk_WealthManagementLoansAndMortgagesPortfolioSegmentMember_73C27D3544FC78C07A31E87A513D939B_documentation_en-US" xlink:label="lab_bk_WealthManagementLoansAndMortgagesPortfolioSegmentMember_7A8416E9CEDF59BFBBDF3B721FF357A2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Wealth Management Loans And Mortgages Portfolio Segment </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_WealthManagementLoansAndMortgagesPortfolioSegmentMember" xlink:label="loc_bk_WealthManagementLoansAndMortgagesPortfolioSegmentMember_7A8416E9CEDF59BFBBDF3B721FF357A2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_WealthManagementLoansAndMortgagesPortfolioSegmentMember_7A8416E9CEDF59BFBBDF3B721FF357A2" xlink:to="lab_bk_WealthManagementLoansAndMortgagesPortfolioSegmentMember_7A8416E9CEDF59BFBBDF3B721FF357A2" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinanceLeasesPortfolioSegmentMember_BD898E387A2E4CA7D7D4E87A513DD91D_terseLabel_en-US" xlink:label="lab_us-gaap_FinanceLeasesPortfolioSegmentMember_8788C86E349558E382BEFBF80458C503" 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_BD898E387A2E4CA7D7D4E87A513DD91D_label_en-US" xlink:label="lab_us-gaap_FinanceLeasesPortfolioSegmentMember_8788C86E349558E382BEFBF80458C503" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinanceLeasesPortfolioSegmentMember" xlink:label="loc_us-gaap_FinanceLeasesPortfolioSegmentMember_8788C86E349558E382BEFBF80458C503" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinanceLeasesPortfolioSegmentMember_8788C86E349558E382BEFBF80458C503" xlink:to="lab_us-gaap_FinanceLeasesPortfolioSegmentMember_8788C86E349558E382BEFBF80458C503" xlink:type="arc"/>
<link:label id="lab_us-gaap_CommercialRealEstatePortfolioSegmentMember_1784582556349FB7D2F6E87A513DC472_terseLabel_en-US" xlink:label="lab_us-gaap_CommercialRealEstatePortfolioSegmentMember_85F35463F15A50BA8DB17CA839E616CD" 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_1784582556349FB7D2F6E87A513DC472_label_en-US" xlink:label="lab_us-gaap_CommercialRealEstatePortfolioSegmentMember_85F35463F15A50BA8DB17CA839E616CD" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommercialRealEstatePortfolioSegmentMember" xlink:label="loc_us-gaap_CommercialRealEstatePortfolioSegmentMember_85F35463F15A50BA8DB17CA839E616CD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommercialRealEstatePortfolioSegmentMember_85F35463F15A50BA8DB17CA839E616CD" xlink:to="lab_us-gaap_CommercialRealEstatePortfolioSegmentMember_85F35463F15A50BA8DB17CA839E616CD" xlink:type="arc"/>
<link:label id="lab_bk_FinancialInstitutionsPortfolioMember_DC2771CF6642124EE4E9E87A513DE32C_terseLabel_en-US" xlink:label="lab_bk_FinancialInstitutionsPortfolioMember_AEC5F1756BC050DEA788142A30BF9706" 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_DC2771CF6642124EE4E9E87A513DE32C_label_en-US" xlink:label="lab_bk_FinancialInstitutionsPortfolioMember_AEC5F1756BC050DEA788142A30BF9706" 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_DC2771CF6642124EE4E9E87A513DE32C_documentation_en-US" xlink:label="lab_bk_FinancialInstitutionsPortfolioMember_AEC5F1756BC050DEA788142A30BF9706" 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-20161231.xsd#bk_FinancialInstitutionsPortfolioMember" xlink:label="loc_bk_FinancialInstitutionsPortfolioMember_AEC5F1756BC050DEA788142A30BF9706" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_FinancialInstitutionsPortfolioMember_AEC5F1756BC050DEA788142A30BF9706" xlink:to="lab_bk_FinancialInstitutionsPortfolioMember_AEC5F1756BC050DEA788142A30BF9706" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableImpairedLineItems_A68F2DB1354698704E0AE87A513D48B4_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableImpairedLineItems_EA294AAC6BC658E0AB742C6C30485AAF" 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_A68F2DB1354698704E0AE87A513D48B4_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableImpairedLineItems_EA294AAC6BC658E0AB742C6C30485AAF" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancingReceivableImpairedLineItems" xlink:label="loc_us-gaap_FinancingReceivableImpairedLineItems_EA294AAC6BC658E0AB742C6C30485AAF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableImpairedLineItems_EA294AAC6BC658E0AB742C6C30485AAF" xlink:to="lab_us-gaap_FinancingReceivableImpairedLineItems_EA294AAC6BC658E0AB742C6C30485AAF" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentNonaccrualStatus_B4573AFB03556C11FA37E87A513D066F_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentNonaccrualStatus_67A158C980A5587481A2CCD8092414B9" 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_B4573AFB03556C11FA37E87A513D066F_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentNonaccrualStatus_67A158C980A5587481A2CCD8092414B9" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancingReceivableRecordedInvestmentNonaccrualStatus" xlink:label="loc_us-gaap_FinancingReceivableRecordedInvestmentNonaccrualStatus_67A158C980A5587481A2CCD8092414B9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableRecordedInvestmentNonaccrualStatus_67A158C980A5587481A2CCD8092414B9" xlink:to="lab_us-gaap_FinancingReceivableRecordedInvestmentNonaccrualStatus_67A158C980A5587481A2CCD8092414B9" xlink:type="arc"/>
<link:label id="lab_bk_OtherNonperformingAssets_288B8352A46D9BB46002E87A513D1480_terseLabel_en-US" xlink:label="lab_bk_OtherNonperformingAssets_0C8EADA0A106551B98DF243EE740E482" 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_288B8352A46D9BB46002E87A513D1480_label_en-US" xlink:label="lab_bk_OtherNonperformingAssets_0C8EADA0A106551B98DF243EE740E482" 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_288B8352A46D9BB46002E87A513D1480_documentation_en-US" xlink:label="lab_bk_OtherNonperformingAssets_0C8EADA0A106551B98DF243EE740E482" 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-20161231.xsd#bk_OtherNonperformingAssets" xlink:label="loc_bk_OtherNonperformingAssets_0C8EADA0A106551B98DF243EE740E482" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OtherNonperformingAssets_0C8EADA0A106551B98DF243EE740E482" xlink:to="lab_bk_OtherNonperformingAssets_0C8EADA0A106551B98DF243EE740E482" xlink:type="arc"/>
<link:label id="lab_bk_LoansLeasesAndOtherAssetsReceivableNetReportedAmountNonperformingAssets_3A1B5C223842E3023FACE87A513DB0F0_totalLabel_en-US" xlink:label="lab_bk_LoansLeasesAndOtherAssetsReceivableNetReportedAmountNonperformingAssets_18334AE7CA2B55959A6ACF99B974E9A7" 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_3A1B5C223842E3023FACE87A513DB0F0_label_en-US" xlink:label="lab_bk_LoansLeasesAndOtherAssetsReceivableNetReportedAmountNonperformingAssets_18334AE7CA2B55959A6ACF99B974E9A7" 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_3A1B5C223842E3023FACE87A513DB0F0_documentation_en-US" xlink:label="lab_bk_LoansLeasesAndOtherAssetsReceivableNetReportedAmountNonperformingAssets_18334AE7CA2B55959A6ACF99B974E9A7" 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-20161231.xsd#bk_LoansLeasesAndOtherAssetsReceivableNetReportedAmountNonperformingAssets" xlink:label="loc_bk_LoansLeasesAndOtherAssetsReceivableNetReportedAmountNonperformingAssets_18334AE7CA2B55959A6ACF99B974E9A7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_LoansLeasesAndOtherAssetsReceivableNetReportedAmountNonperformingAssets_18334AE7CA2B55959A6ACF99B974E9A7" xlink:to="lab_bk_LoansLeasesAndOtherAssetsReceivableNetReportedAmountNonperformingAssets_18334AE7CA2B55959A6ACF99B974E9A7" xlink:type="arc"/>
<link:label id="lab_bk_SecuritiesAbstract_DAA4E68F6A79AB2F488F687CD1FF0436_label_en-US" xlink:label="lab_bk_SecuritiesAbstract_DAA4E68F6A79AB2F488F687CD1FF0436" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities [Abstract] </link:label>
<link:label id="lab_bk_SecuritiesAbstract_DAA4E68F6A79AB2F488F687CD1FF0436_documentation_en-US" xlink:label="lab_bk_SecuritiesAbstract_DAA4E68F6A79AB2F488F687CD1FF0436" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securities [Abstract] </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_SecuritiesAbstract" xlink:label="loc_bk_SecuritiesAbstract_DAA4E68F6A79AB2F488F687CD1FF0436" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SecuritiesAbstract_DAA4E68F6A79AB2F488F687CD1FF0436" xlink:to="lab_bk_SecuritiesAbstract_DAA4E68F6A79AB2F488F687CD1FF0436" xlink:type="arc"/>
<link:label id="lab_bk_AvailableforSaleSecuritiesTransferredSecurityAmortizedCost_EB59BA354926B997EC27687F6989BB47_terseLabel_en-US" xlink:label="lab_bk_AvailableforSaleSecuritiesTransferredSecurityAmortizedCost_EB59BA354926B997EC27687F6989BB47" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Aggregate amortized cost of available-for-sale securities transferred to held-to-maturity </link:label>
<link:label id="lab_bk_AvailableforSaleSecuritiesTransferredSecurityAmortizedCost_EB59BA354926B997EC27687F6989BB47_label_en-US" xlink:label="lab_bk_AvailableforSaleSecuritiesTransferredSecurityAmortizedCost_EB59BA354926B997EC27687F6989BB47" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-Sale Securities, Transferred Security, Amortized Cost </link:label>
<link:label id="lab_bk_AvailableforSaleSecuritiesTransferredSecurityAmortizedCost_EB59BA354926B997EC27687F6989BB47_documentation_en-US" xlink:label="lab_bk_AvailableforSaleSecuritiesTransferredSecurityAmortizedCost_EB59BA354926B997EC27687F6989BB47" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Available-for-Sale Securities, Transferred Security, Amortized Cost </link:label>
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<link:label id="lab_us-gaap_DebtDisclosureAbstract_9A4E0FDA7C884BA79B1048135D4DB5EA_label_en-US" xlink:label="lab_us-gaap_DebtDisclosureAbstract_9A4E0FDA7C884BA79B1048135D4DB5EA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Disclosure [Abstract] </link:label>
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<link:label id="lab_us-gaap_DebtDisclosureTextBlock_F6E9F2DECCC08AFE8B9148135D4D14EE_label_en-US" xlink:label="lab_us-gaap_DebtDisclosureTextBlock_F6E9F2DECCC08AFE8B9148135D4D14EE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Disclosure [Text Block] </link:label>
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<link:label id="lab_bk_InvestmentsInDebtAndMarketableEquitySecuritiesDisclosureTextBlock_499EE4581E947E8FC12857D6C7EEDCFB_terseLabel_en-US" xlink:label="lab_bk_InvestmentsInDebtAndMarketableEquitySecuritiesDisclosureTextBlock_55C5C59E00AB54F5AE7730D14F125074" 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_InterestRevenueOrExpenseNetAbstract_D69ED8D2F79C551B8F2B952C8C12B4B4_label_en-US" xlink:label="lab_us-gaap_InterestRevenueOrExpenseNetAbstract_0AC4764D383F5BA2AE3BCC4BAE3A48B8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Revenue (Expense), Net [Abstract] </link:label>
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<link:label id="lab_us-gaap_InterestIncomeAndInterestExpenseDisclosureTableTextBlock_806AB7B83BD55A2AA01B952C8C123E87_label_en-US" xlink:label="lab_us-gaap_InterestIncomeAndInterestExpenseDisclosureTableTextBlock_8249E98F981A5E9190D7A6B3DC9633B2" 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>
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<link:label id="lab_us-gaap_AmortizationMethodQualifiedAffordableHousingProjectInvestments_F6F54D5C7C0639C0C90D7DBF27AC7DA9_terseLabel_en-US" xlink:label="lab_us-gaap_AmortizationMethodQualifiedAffordableHousingProjectInvestments_F6F54D5C7C0639C0C90D7DBF27AC7DA9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Tax advantaged low income housing investments </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AmortizationMethodQualifiedAffordableHousingProjectInvestments" xlink:label="loc_us-gaap_AmortizationMethodQualifiedAffordableHousingProjectInvestments_F6F54D5C7C0639C0C90D7DBF27AC7DA9" xlink:type="locator"/>
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<link:label id="lab_us-gaap_QualifiedAffordableHousingProjectInvestmentsCommitment_E8B1C378B361CF04C6427DBF27ACE0F1_terseLabel_en-US" xlink:label="lab_us-gaap_QualifiedAffordableHousingProjectInvestmentsCommitment_E8B1C378B361CF04C6427DBF27ACE0F1" 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_E8B1C378B361CF04C6427DBF27ACE0F1_label_en-US" xlink:label="lab_us-gaap_QualifiedAffordableHousingProjectInvestmentsCommitment_E8B1C378B361CF04C6427DBF27ACE0F1" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_QualifiedAffordableHousingProjectInvestmentsCommitment" xlink:label="loc_us-gaap_QualifiedAffordableHousingProjectInvestmentsCommitment_E8B1C378B361CF04C6427DBF27ACE0F1" xlink:type="locator"/>
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<link:label id="lab_bk_QualifiedAffordableHousingProjectInvestmentsCommitmentNextTwelveMonths_C5C1F88B42398D145DA07DBF27ACCA6E_terseLabel_en-US" xlink:label="lab_bk_QualifiedAffordableHousingProjectInvestmentsCommitmentNextTwelveMonths_C5C1F88B42398D145DA07DBF27ACCA6E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Qualified affordable housing project commitment - 2016 </link:label>
<link:label id="lab_bk_QualifiedAffordableHousingProjectInvestmentsCommitmentNextTwelveMonths_C5C1F88B42398D145DA07DBF27ACCA6E_label_en-US" xlink:label="lab_bk_QualifiedAffordableHousingProjectInvestmentsCommitmentNextTwelveMonths_C5C1F88B42398D145DA07DBF27ACCA6E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Qualified Affordable Housing Project Investments, Commitment, Next Twelve Months </link:label>
<link:label id="lab_bk_QualifiedAffordableHousingProjectInvestmentsCommitmentNextTwelveMonths_C5C1F88B42398D145DA07DBF27ACCA6E_documentation_en-US" xlink:label="lab_bk_QualifiedAffordableHousingProjectInvestmentsCommitmentNextTwelveMonths_C5C1F88B42398D145DA07DBF27ACCA6E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Qualified Affordable Housing Project Investments, Commitment, Next Twelve Months </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_QualifiedAffordableHousingProjectInvestmentsCommitmentNextTwelveMonths" xlink:label="loc_bk_QualifiedAffordableHousingProjectInvestmentsCommitmentNextTwelveMonths_C5C1F88B42398D145DA07DBF27ACCA6E" xlink:type="locator"/>
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<link:label id="lab_bk_QualifiedAffordableHousingProjectInvestmentsCommitmentinTwoYears_D61538FB025631F053D17DBF27ACC044_terseLabel_en-US" xlink:label="lab_bk_QualifiedAffordableHousingProjectInvestmentsCommitmentinTwoYears_D61538FB025631F053D17DBF27ACC044" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Qualified affordable housing project commitment - 2017 </link:label>
<link:label id="lab_bk_QualifiedAffordableHousingProjectInvestmentsCommitmentinTwoYears_D61538FB025631F053D17DBF27ACC044_label_en-US" xlink:label="lab_bk_QualifiedAffordableHousingProjectInvestmentsCommitmentinTwoYears_D61538FB025631F053D17DBF27ACC044" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Qualified Affordable Housing Project Investments, Commitment in Two Years </link:label>
<link:label id="lab_bk_QualifiedAffordableHousingProjectInvestmentsCommitmentinTwoYears_D61538FB025631F053D17DBF27ACC044_documentation_en-US" xlink:label="lab_bk_QualifiedAffordableHousingProjectInvestmentsCommitmentinTwoYears_D61538FB025631F053D17DBF27ACC044" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Qualified Affordable Housing Project Investments, Commitment in Two Years </link:label>
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<link:label id="lab_bk_QualifiedAffordableHousingProjectInvestmentsCommitmentinThreeYears_6AAB1A9C6F637EDB8A2D7DBF27AC2344_terseLabel_en-US" xlink:label="lab_bk_QualifiedAffordableHousingProjectInvestmentsCommitmentinThreeYears_6AAB1A9C6F637EDB8A2D7DBF27AC2344" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Qualified affordable housing project commitment - 2018 </link:label>
<link:label id="lab_bk_QualifiedAffordableHousingProjectInvestmentsCommitmentinThreeYears_6AAB1A9C6F637EDB8A2D7DBF27AC2344_label_en-US" xlink:label="lab_bk_QualifiedAffordableHousingProjectInvestmentsCommitmentinThreeYears_6AAB1A9C6F637EDB8A2D7DBF27AC2344" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Qualified Affordable Housing Project Investments, Commitment in Three Years </link:label>
<link:label id="lab_bk_QualifiedAffordableHousingProjectInvestmentsCommitmentinThreeYears_6AAB1A9C6F637EDB8A2D7DBF27AC2344_documentation_en-US" xlink:label="lab_bk_QualifiedAffordableHousingProjectInvestmentsCommitmentinThreeYears_6AAB1A9C6F637EDB8A2D7DBF27AC2344" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Qualified Affordable Housing Project Investments, Commitment in Three Years </link:label>
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<link:label id="lab_bk_QualifiedAffordableHousingProjectInvestmentsCommitmentinFourYears_345EFC2DC6BD742971FA7DBF27AC6336_terseLabel_en-US" xlink:label="lab_bk_QualifiedAffordableHousingProjectInvestmentsCommitmentinFourYears_345EFC2DC6BD742971FA7DBF27AC6336" 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_QualifiedAffordableHousingProjectInvestmentsCommitmentinFiveYears_C76CA162DAD2E9B2DD8F7DBF27ACECAF_terseLabel_en-US" xlink:label="lab_bk_QualifiedAffordableHousingProjectInvestmentsCommitmentinFiveYears_C76CA162DAD2E9B2DD8F7DBF27ACECAF" 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_CondensedBalanceSheetStatementTable_7B08CE0BD3F8A7F3AF7677120B658559_terseLabel_en-US" xlink:label="lab_us-gaap_CondensedBalanceSheetStatementTable_7B08CE0BD3F8A7F3AF7677120B658559" 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_7B08CE0BD3F8A7F3AF7677120B658559_label_en-US" xlink:label="lab_us-gaap_CondensedBalanceSheetStatementTable_7B08CE0BD3F8A7F3AF7677120B658559" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Condensed Balance Sheet Statement [Table] </link:label>
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<link:label id="lab_us-gaap_RelatedPartyTransactionAxis_C1444B3427E08276ED0277120B659160_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionAxis_C1444B3427E08276ED0277120B659160" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Related Party Transaction [Axis] </link:label>
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<link:label id="lab_us-gaap_RelatedPartyTransactionDomain_E9851B37BADFDF26943877120B65BB32_terseLabel_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionDomain_E9851B37BADFDF26943877120B65BB32" 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_E9851B37BADFDF26943877120B65BB32_label_en-US" xlink:label="lab_us-gaap_RelatedPartyTransactionDomain_E9851B37BADFDF26943877120B65BB32" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RelatedPartyTransactionDomain" xlink:label="loc_us-gaap_RelatedPartyTransactionDomain_E9851B37BADFDF26943877120B65BB32" xlink:type="locator"/>
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<link:label id="lab_bk_NonbankSubsidiariesMember_0B6E6787C79AD96EBDBE77120B657F9E_terseLabel_en-US" xlink:label="lab_bk_NonbankSubsidiariesMember_0B6E6787C79AD96EBDBE77120B657F9E" 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_0B6E6787C79AD96EBDBE77120B657F9E_label_en-US" xlink:label="lab_bk_NonbankSubsidiariesMember_0B6E6787C79AD96EBDBE77120B657F9E" 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_0B6E6787C79AD96EBDBE77120B657F9E_documentation_en-US" xlink:label="lab_bk_NonbankSubsidiariesMember_0B6E6787C79AD96EBDBE77120B657F9E" 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-20161231.xsd#bk_NonbankSubsidiariesMember" xlink:label="loc_bk_NonbankSubsidiariesMember_0B6E6787C79AD96EBDBE77120B657F9E" xlink:type="locator"/>
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<link:label id="lab_bk_BankSubsidiariesMember_73369BEF9041F71D43E877120B65E855_terseLabel_en-US" xlink:label="lab_bk_BankSubsidiariesMember_73369BEF9041F71D43E877120B65E855" 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_73369BEF9041F71D43E877120B65E855_label_en-US" xlink:label="lab_bk_BankSubsidiariesMember_73369BEF9041F71D43E877120B65E855" 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_73369BEF9041F71D43E877120B65E855_documentation_en-US" xlink:label="lab_bk_BankSubsidiariesMember_73369BEF9041F71D43E877120B65E855" 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-20161231.xsd#bk_BankSubsidiariesMember" xlink:label="loc_bk_BankSubsidiariesMember_73369BEF9041F71D43E877120B65E855" xlink:type="locator"/>
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<link:label id="lab_dei_LegalEntityAxis_ABDC054FCD85835A1C6277120B65071F_terseLabel_en-US" xlink:label="lab_dei_LegalEntityAxis_ABDC054FCD85835A1C6277120B65071F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Legal Entity [Axis] </link:label>
<link:label id="lab_dei_LegalEntityAxis_ABDC054FCD85835A1C6277120B65071F_label_en-US" xlink:label="lab_dei_LegalEntityAxis_ABDC054FCD85835A1C6277120B65071F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Legal Entity [Axis] </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="loc_dei_LegalEntityAxis_ABDC054FCD85835A1C6277120B65071F" xlink:type="locator"/>
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<link:label id="lab_dei_EntityDomain_7329A41AF46B8A061E0577120B65CDAD_terseLabel_en-US" xlink:label="lab_dei_EntityDomain_7329A41AF46B8A061E0577120B65CDAD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Entity [Domain] </link:label>
<link:label id="lab_dei_EntityDomain_7329A41AF46B8A061E0577120B65CDAD_label_en-US" xlink:label="lab_dei_EntityDomain_7329A41AF46B8A061E0577120B65CDAD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Entity [Domain] </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="loc_dei_EntityDomain_7329A41AF46B8A061E0577120B65CDAD" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ParentCompanyMember_DF089CFF4A3CA278271477120B652A2E_terseLabel_en-US" xlink:label="lab_us-gaap_ParentCompanyMember_DF089CFF4A3CA278271477120B652A2E" 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_DF089CFF4A3CA278271477120B652A2E_label_en-US" xlink:label="lab_us-gaap_ParentCompanyMember_DF089CFF4A3CA278271477120B652A2E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Parent Company [Member] </link:label>
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<link:label id="lab_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_D67F7F55B00EEEE756EA77120B654B02_terseLabel_en-US" xlink:label="lab_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_D67F7F55B00EEEE756EA77120B654B02" 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>
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<link:label id="lab_us-gaap_CashAndDueFromBanks_C6F5C6C094F23EF9981B77120B65FF6F_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndDueFromBanks_C6F5C6C094F23EF9981B77120B65FF6F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash and due from banks </link:label>
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<link:label id="lab_bk_TotalSecurities_63A1D783CD356DAD9CAE77120B6591C7_terseLabel_en-US" xlink:label="lab_bk_TotalSecurities_63A1D783CD356DAD9CAE77120B6591C7" 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_63A1D783CD356DAD9CAE77120B6591C7_label_en-US" xlink:label="lab_bk_TotalSecurities_63A1D783CD356DAD9CAE77120B6591C7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Total Securities </link:label>
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<link:label id="lab_us-gaap_LoansAndLeasesReceivableNetReportedAmount_06532D90DCCA1F420DA277120B65AD0D_terseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableNetReportedAmount_06532D90DCCA1F420DA277120B65AD0D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans, net of allowance </link:label>
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<link:label id="lab_us-gaap_LifeInsuranceCorporateOrBankOwnedAmount_EEA52DB83E16F732477177120B65457E_label_en-US" xlink:label="lab_us-gaap_LifeInsuranceCorporateOrBankOwnedAmount_EEA52DB83E16F732477177120B65457E" 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>
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<link:label id="lab_us-gaap_Assets_891912FBFD75FE74566777120B66C42C_label_en-US" xlink:label="lab_us-gaap_Assets_891912FBFD75FE74566777120B66C42C" 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_6B0106F9886DBBB3EA3C77120B669C95_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_6B0106F9886DBBB3EA3C77120B669C95" 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_6B0106F9886DBBB3EA3C77120B669C95_label_en-US" xlink:label="lab_us-gaap_DeferredCompensationLiabilityCurrentAndNoncurrent_6B0106F9886DBBB3EA3C77120B669C95" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred Compensation Liability, Current and Noncurrent </link:label>
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<link:label id="lab_us-gaap_DueToAffiliateCurrentAndNoncurrent_A8D57EE285FAA6A6B82477120B665417_terseLabel_en-US" xlink:label="lab_us-gaap_DueToAffiliateCurrentAndNoncurrent_A8D57EE285FAA6A6B82477120B665417" 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_A8D57EE285FAA6A6B82477120B665417_label_en-US" xlink:label="lab_us-gaap_DueToAffiliateCurrentAndNoncurrent_A8D57EE285FAA6A6B82477120B665417" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Due to Affiliate </link:label>
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<link:label id="lab_us-gaap_OtherLiabilities_F66F2144E6D52590B62C77120B660D81_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilities_F66F2144E6D52590B62C77120B660D81" 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_F66F2144E6D52590B62C77120B660D81_label_en-US" xlink:label="lab_us-gaap_OtherLiabilities_F66F2144E6D52590B62C77120B660D81" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="loc_us-gaap_OtherLiabilities_F66F2144E6D52590B62C77120B660D81" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LongTermDebt_7B01BC7B2ACC9EA26CCB77120B666532_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebt_7B01BC7B2ACC9EA26CCB77120B666532" 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_7B01BC7B2ACC9EA26CCB77120B666532_label_en-US" xlink:label="lab_us-gaap_LongTermDebt_7B01BC7B2ACC9EA26CCB77120B666532" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt </link:label>
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<link:label id="lab_us-gaap_Liabilities_C58E23F005441CA1F4AD77120B6652B1_label_en-US" xlink:label="lab_us-gaap_Liabilities_C58E23F005441CA1F4AD77120B6652B1" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaap_Liabilities_C58E23F005441CA1F4AD77120B6652B1" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StockholdersEquity_3C00DD5B9DC42A17412777120B66E326_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquity_3C00DD5B9DC42A17412777120B66E326" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Shareholders’ equity </link:label>
<link:label id="lab_us-gaap_StockholdersEquity_3C00DD5B9DC42A17412777120B66E326_label_en-US" xlink:label="lab_us-gaap_StockholdersEquity_3C00DD5B9DC42A17412777120B66E326" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stockholders' Equity Attributable to Parent </link:label>
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<link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquity_A504A2E2A2185BC097D577120B66C5DD_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity_A504A2E2A2185BC097D577120B66C5DD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Liabilities and Equity </link:label>
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<link:label id="lab_us-gaap_SupplementalCashFlowInformationAbstract_886A6E8935D8F53D2CAE57D6C196A685_label_en-US" xlink:label="lab_us-gaap_SupplementalCashFlowInformationAbstract_1255C5FEB50B54D8812E0EB7BB3B8211" 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_SegmentsGeographicalAreasAbstract_E2B15321DFAC6494ED496986245A5B56_label_en-US" xlink:label="lab_us-gaap_SegmentsGeographicalAreasAbstract_E2B15321DFAC6494ED496986245A5B56" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Segments, Geographical Areas [Abstract] </link:label>
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<link:label id="lab_bk_AgencyResidentialMortgageBackedSecuritiesMember_8166BF7230D4DD4D3A183EA101978624_terseLabel_en-US" xlink:label="lab_bk_AgencyResidentialMortgageBackedSecuritiesMember_8166BF7230D4DD4D3A183EA101978624" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Agency RMBS </link:label>
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<link:label id="lab_bk_OtherSecuritiesMember_A1A86A92CF2CB94FDFE33EA101989F84_terseLabel_en-US" xlink:label="lab_bk_OtherSecuritiesMember_A1A86A92CF2CB94FDFE33EA101989F84" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other </link:label>
<link:label id="lab_bk_OtherSecuritiesMember_A1A86A92CF2CB94FDFE33EA101989F84_label_en-US" xlink:label="lab_bk_OtherSecuritiesMember_A1A86A92CF2CB94FDFE33EA101989F84" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Securities [Member] </link:label>
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<link:label id="lab_bk_NetSecuritiesGainLoss_8B3006CFB882286FA1C63EA1019866B6_terseLabel_en-US" xlink:label="lab_bk_NetSecuritiesGainLoss_8B3006CFB882286FA1C63EA1019866B6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net securities gains </link:label>
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<link:label id="lab_bk_ScheduleOfIntangibleAssetsByMajorClassTable_B8B5702CA939AEABBC3471CECC223CDA_label_en-US" xlink:label="lab_bk_ScheduleOfIntangibleAssetsByMajorClassTable_B8B5702CA939AEABBC3471CECC223CDA" 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>
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<link:label id="lab_bk_InvestmentManagementSegmentMember_64D664821314912CFBA371CECC239ABE_terseLabel_en-US" xlink:label="lab_bk_InvestmentManagementSegmentMember_64D664821314912CFBA371CECC239ABE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investment Management </link:label>
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<link:label id="lab_bk_IntangibleAssetsByMajorClassLineItems_0433A763F30F28BD9E1C71CECC23D336_terseLabel_en-US" xlink:label="lab_bk_IntangibleAssetsByMajorClassLineItems_0433A763F30F28BD9E1C71CECC23D336" 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>
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<link:label id="lab_bk_OperationsMember_29C01BF6176E778681CB7B6224C37F50_label_en-US" xlink:label="lab_bk_OperationsMember_29C01BF6176E778681CB7B6224C37F50" 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_29C01BF6176E778681CB7B6224C37F50_documentation_en-US" xlink:label="lab_bk_OperationsMember_29C01BF6176E778681CB7B6224C37F50" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Operations </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_OperationsMember" xlink:label="loc_bk_OperationsMember_29C01BF6176E778681CB7B6224C37F50" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OperationsMember_29C01BF6176E778681CB7B6224C37F50" xlink:to="lab_bk_OperationsMember_29C01BF6176E778681CB7B6224C37F50" xlink:type="arc"/>
<link:label id="lab_bk_InvestmentManagementFundsMember_B46A1E8416989C38AD277B6224C3EF29_verboseLabel_en-US" xlink:label="lab_bk_InvestmentManagementFundsMember_B46A1E8416989C38AD277B6224C3EF29" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Investment management funds </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_InvestmentManagementFundsMember" xlink:label="loc_bk_InvestmentManagementFundsMember_B46A1E8416989C38AD277B6224C3EF29" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_InvestmentManagementFundsMember_B46A1E8416989C38AD277B6224C3EF29" xlink:to="lab_bk_InvestmentManagementFundsMember_B46A1E8416989C38AD277B6224C3EF29" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherLiabilitiesMember_263609DD8C0E3AA7EC897B6224C35A94_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesMember_263609DD8C0E3AA7EC897B6224C35A94" 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_263609DD8C0E3AA7EC897B6224C35A94_label_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesMember_263609DD8C0E3AA7EC897B6224C35A94" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLiabilitiesMember" xlink:label="loc_us-gaap_OtherLiabilitiesMember_263609DD8C0E3AA7EC897B6224C35A94" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherLiabilitiesMember_263609DD8C0E3AA7EC897B6224C35A94" xlink:to="lab_us-gaap_OtherLiabilitiesMember_263609DD8C0E3AA7EC897B6224C35A94" xlink:type="arc"/>
<link:label id="lab_bk_FairValueAssetsAndLiabilitiesComponentsAxis_9227C786DD8757B632D17B6224C4A01C_terseLabel_en-US" xlink:label="lab_bk_FairValueAssetsAndLiabilitiesComponentsAxis_9227C786DD8757B632D17B6224C4A01C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets and Liabilities Components Axis </link:label>
<link:label id="lab_bk_FairValueAssetsAndLiabilitiesComponentsAxis_9227C786DD8757B632D17B6224C4A01C_label_en-US" xlink:label="lab_bk_FairValueAssetsAndLiabilitiesComponentsAxis_9227C786DD8757B632D17B6224C4A01C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Assets And Liabilities Components [Axis] </link:label>
<link:label id="lab_bk_FairValueAssetsAndLiabilitiesComponentsAxis_9227C786DD8757B632D17B6224C4A01C_documentation_en-US" xlink:label="lab_bk_FairValueAssetsAndLiabilitiesComponentsAxis_9227C786DD8757B632D17B6224C4A01C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets and Liabilities Components Axis </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_FairValueAssetsAndLiabilitiesComponentsAxis" xlink:label="loc_bk_FairValueAssetsAndLiabilitiesComponentsAxis_9227C786DD8757B632D17B6224C4A01C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_FairValueAssetsAndLiabilitiesComponentsAxis_9227C786DD8757B632D17B6224C4A01C" xlink:to="lab_bk_FairValueAssetsAndLiabilitiesComponentsAxis_9227C786DD8757B632D17B6224C4A01C" xlink:type="arc"/>
<link:label id="lab_bk_FairValueAssetsAndLiabilitiesComponentDomain_665F48D7794785396D247B6224C492E9_terseLabel_en-US" xlink:label="lab_bk_FairValueAssetsAndLiabilitiesComponentDomain_665F48D7794785396D247B6224C492E9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets and Liabilities Component Domain </link:label>
<link:label id="lab_bk_FairValueAssetsAndLiabilitiesComponentDomain_665F48D7794785396D247B6224C492E9_label_en-US" xlink:label="lab_bk_FairValueAssetsAndLiabilitiesComponentDomain_665F48D7794785396D247B6224C492E9" 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_665F48D7794785396D247B6224C492E9_documentation_en-US" xlink:label="lab_bk_FairValueAssetsAndLiabilitiesComponentDomain_665F48D7794785396D247B6224C492E9" 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-20161231.xsd#bk_FairValueAssetsAndLiabilitiesComponentDomain" xlink:label="loc_bk_FairValueAssetsAndLiabilitiesComponentDomain_665F48D7794785396D247B6224C492E9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_FairValueAssetsAndLiabilitiesComponentDomain_665F48D7794785396D247B6224C492E9" xlink:to="lab_bk_FairValueAssetsAndLiabilitiesComponentDomain_665F48D7794785396D247B6224C492E9" xlink:type="arc"/>
<link:label id="lab_us-gaap_USGovernmentAgenciesDebtSecuritiesMember_9B926AE3B677CE6499ED7B6224C42E40_terseLabel_en-US" xlink:label="lab_us-gaap_USGovernmentAgenciesDebtSecuritiesMember_9B926AE3B677CE6499ED7B6224C42E40" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> U.S. government agencies </link:label>
<link:label id="lab_us-gaap_USGovernmentAgenciesDebtSecuritiesMember_9B926AE3B677CE6499ED7B6224C42E40_label_en-US" xlink:label="lab_us-gaap_USGovernmentAgenciesDebtSecuritiesMember_9B926AE3B677CE6499ED7B6224C42E40" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_USGovernmentAgenciesDebtSecuritiesMember" xlink:label="loc_us-gaap_USGovernmentAgenciesDebtSecuritiesMember_9B926AE3B677CE6499ED7B6224C42E40" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_USGovernmentAgenciesDebtSecuritiesMember_9B926AE3B677CE6499ED7B6224C42E40" xlink:to="lab_us-gaap_USGovernmentAgenciesDebtSecuritiesMember_9B926AE3B677CE6499ED7B6224C42E40" xlink:type="arc"/>
<link:label id="lab_us-gaap_SovereignDebtSecuritiesMember_EEF6CC505EFEDB7C6E0F7B6224C4860F_terseLabel_en-US" xlink:label="lab_us-gaap_SovereignDebtSecuritiesMember_EEF6CC505EFEDB7C6E0F7B6224C4860F" 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_EEF6CC505EFEDB7C6E0F7B6224C4860F_label_en-US" xlink:label="lab_us-gaap_SovereignDebtSecuritiesMember_EEF6CC505EFEDB7C6E0F7B6224C4860F" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SovereignDebtSecuritiesMember" xlink:label="loc_us-gaap_SovereignDebtSecuritiesMember_EEF6CC505EFEDB7C6E0F7B6224C4860F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SovereignDebtSecuritiesMember_EEF6CC505EFEDB7C6E0F7B6224C4860F" xlink:to="lab_us-gaap_SovereignDebtSecuritiesMember_EEF6CC505EFEDB7C6E0F7B6224C4860F" xlink:type="arc"/>
<link:label id="lab_bk_OtherResidentialMortgageBackedSecuritiesMember_3750FCF44D904575DCA07B6224C463E6_terseLabel_en-US" xlink:label="lab_bk_OtherResidentialMortgageBackedSecuritiesMember_3750FCF44D904575DCA07B6224C463E6" 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_3750FCF44D904575DCA07B6224C463E6_label_en-US" xlink:label="lab_bk_OtherResidentialMortgageBackedSecuritiesMember_3750FCF44D904575DCA07B6224C463E6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Residential Mortgage Backed Securities [Member] </link:label>
<link:label id="lab_bk_OtherResidentialMortgageBackedSecuritiesMember_3750FCF44D904575DCA07B6224C463E6_documentation_en-US" xlink:label="lab_bk_OtherResidentialMortgageBackedSecuritiesMember_3750FCF44D904575DCA07B6224C463E6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Residential Mortgage Backed Securities </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_OtherResidentialMortgageBackedSecuritiesMember" xlink:label="loc_bk_OtherResidentialMortgageBackedSecuritiesMember_3750FCF44D904575DCA07B6224C463E6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OtherResidentialMortgageBackedSecuritiesMember_3750FCF44D904575DCA07B6224C463E6" xlink:to="lab_bk_OtherResidentialMortgageBackedSecuritiesMember_3750FCF44D904575DCA07B6224C463E6" xlink:type="arc"/>
<link:label id="lab_us-gaap_CommercialMortgageBackedSecuritiesMember_7FDC0842B677B1B6219A7B6224C41217_terseLabel_en-US" xlink:label="lab_us-gaap_CommercialMortgageBackedSecuritiesMember_7FDC0842B677B1B6219A7B6224C41217" 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_7FDC0842B677B1B6219A7B6224C41217_label_en-US" xlink:label="lab_us-gaap_CommercialMortgageBackedSecuritiesMember_7FDC0842B677B1B6219A7B6224C41217" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="loc_us-gaap_CommercialMortgageBackedSecuritiesMember_7FDC0842B677B1B6219A7B6224C41217" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommercialMortgageBackedSecuritiesMember_7FDC0842B677B1B6219A7B6224C41217" xlink:to="lab_us-gaap_CommercialMortgageBackedSecuritiesMember_7FDC0842B677B1B6219A7B6224C41217" xlink:type="arc"/>
<link:label id="lab_bk_AgencyCommercialMBSMember_D1EF03EDA3326AC6C2107B6224C4D88A_terseLabel_en-US" xlink:label="lab_bk_AgencyCommercialMBSMember_D1EF03EDA3326AC6C2107B6224C4D88A" 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_D1EF03EDA3326AC6C2107B6224C4D88A_label_en-US" xlink:label="lab_bk_AgencyCommercialMBSMember_D1EF03EDA3326AC6C2107B6224C4D88A" 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_D1EF03EDA3326AC6C2107B6224C4D88A_documentation_en-US" xlink:label="lab_bk_AgencyCommercialMBSMember_D1EF03EDA3326AC6C2107B6224C4D88A" 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-20161231.xsd#bk_AgencyCommercialMBSMember" xlink:label="loc_bk_AgencyCommercialMBSMember_D1EF03EDA3326AC6C2107B6224C4D88A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AgencyCommercialMBSMember_D1EF03EDA3326AC6C2107B6224C4D88A" xlink:to="lab_bk_AgencyCommercialMBSMember_D1EF03EDA3326AC6C2107B6224C4D88A" xlink:type="arc"/>
<link:label id="lab_us-gaap_CollateralizedLoanObligationsMember_70A15284E45C4A91CFA07B6224C45ED7_terseLabel_en-US" xlink:label="lab_us-gaap_CollateralizedLoanObligationsMember_70A15284E45C4A91CFA07B6224C45ED7" 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_70A15284E45C4A91CFA07B6224C45ED7_label_en-US" xlink:label="lab_us-gaap_CollateralizedLoanObligationsMember_70A15284E45C4A91CFA07B6224C45ED7" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CollateralizedLoanObligationsMember" xlink:label="loc_us-gaap_CollateralizedLoanObligationsMember_70A15284E45C4A91CFA07B6224C45ED7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CollateralizedLoanObligationsMember_70A15284E45C4A91CFA07B6224C45ED7" xlink:to="lab_us-gaap_CollateralizedLoanObligationsMember_70A15284E45C4A91CFA07B6224C45ED7" xlink:type="arc"/>
<link:label id="lab_bk_OtherAssetBackedSecuritiesMember_064899421B71D6937BD37B6224C49424_terseLabel_en-US" xlink:label="lab_bk_OtherAssetBackedSecuritiesMember_064899421B71D6937BD37B6224C49424" 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_064899421B71D6937BD37B6224C49424_label_en-US" xlink:label="lab_bk_OtherAssetBackedSecuritiesMember_064899421B71D6937BD37B6224C49424" 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_064899421B71D6937BD37B6224C49424_documentation_en-US" xlink:label="lab_bk_OtherAssetBackedSecuritiesMember_064899421B71D6937BD37B6224C49424" 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-20161231.xsd#bk_OtherAssetBackedSecuritiesMember" xlink:label="loc_bk_OtherAssetBackedSecuritiesMember_064899421B71D6937BD37B6224C49424" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OtherAssetBackedSecuritiesMember_064899421B71D6937BD37B6224C49424" xlink:to="lab_bk_OtherAssetBackedSecuritiesMember_064899421B71D6937BD37B6224C49424" xlink:type="arc"/>
<link:label id="lab_us-gaap_EquitySecuritiesMember_46A2D9F9C583DF8420407B6224C4E0FA_terseLabel_en-US" xlink:label="lab_us-gaap_EquitySecuritiesMember_46A2D9F9C583DF8420407B6224C4E0FA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Equity securities </link:label>
<link:label id="lab_us-gaap_EquitySecuritiesMember_46A2D9F9C583DF8420407B6224C4E0FA_label_en-US" xlink:label="lab_us-gaap_EquitySecuritiesMember_46A2D9F9C583DF8420407B6224C4E0FA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity Securities [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquitySecuritiesMember" xlink:label="loc_us-gaap_EquitySecuritiesMember_46A2D9F9C583DF8420407B6224C4E0FA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquitySecuritiesMember_46A2D9F9C583DF8420407B6224C4E0FA" xlink:to="lab_us-gaap_EquitySecuritiesMember_46A2D9F9C583DF8420407B6224C4E0FA" xlink:type="arc"/>
<link:label id="lab_us-gaap_MoneyMarketFundsMember_E82572C1BBABCBE481147B6224C42E26_terseLabel_en-US" xlink:label="lab_us-gaap_MoneyMarketFundsMember_E82572C1BBABCBE481147B6224C42E26" 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_E82572C1BBABCBE481147B6224C42E26_label_en-US" xlink:label="lab_us-gaap_MoneyMarketFundsMember_E82572C1BBABCBE481147B6224C42E26" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MoneyMarketFundsMember" xlink:label="loc_us-gaap_MoneyMarketFundsMember_E82572C1BBABCBE481147B6224C42E26" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MoneyMarketFundsMember_E82572C1BBABCBE481147B6224C42E26" xlink:to="lab_us-gaap_MoneyMarketFundsMember_E82572C1BBABCBE481147B6224C42E26" xlink:type="arc"/>
<link:label id="lab_us-gaap_CorporateDebtSecuritiesMember_6B733A5CDE10951CE60B7B6224C47D43_terseLabel_en-US" xlink:label="lab_us-gaap_CorporateDebtSecuritiesMember_6B733A5CDE10951CE60B7B6224C47D43" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Corporate bonds </link:label>
<link:label id="lab_us-gaap_CorporateDebtSecuritiesMember_6B733A5CDE10951CE60B7B6224C47D43_label_en-US" xlink:label="lab_us-gaap_CorporateDebtSecuritiesMember_6B733A5CDE10951CE60B7B6224C47D43" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="loc_us-gaap_CorporateDebtSecuritiesMember_6B733A5CDE10951CE60B7B6224C47D43" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CorporateDebtSecuritiesMember_6B733A5CDE10951CE60B7B6224C47D43" xlink:to="lab_us-gaap_CorporateDebtSecuritiesMember_6B733A5CDE10951CE60B7B6224C47D43" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherDebtSecuritiesMember_93701E2AE7C65D4FE37F7B6224C45F67_terseLabel_en-US" xlink:label="lab_us-gaap_OtherDebtSecuritiesMember_93701E2AE7C65D4FE37F7B6224C45F67" 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_93701E2AE7C65D4FE37F7B6224C45F67_label_en-US" xlink:label="lab_us-gaap_OtherDebtSecuritiesMember_93701E2AE7C65D4FE37F7B6224C45F67" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Debt Obligations [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherDebtSecuritiesMember" xlink:label="loc_us-gaap_OtherDebtSecuritiesMember_93701E2AE7C65D4FE37F7B6224C45F67" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherDebtSecuritiesMember_93701E2AE7C65D4FE37F7B6224C45F67" xlink:to="lab_us-gaap_OtherDebtSecuritiesMember_93701E2AE7C65D4FE37F7B6224C45F67" xlink:type="arc"/>
<link:label id="lab_bk_GrantorTrustResidentialMortgageBackedSecuritiesMember_2DD5033EC010CECF6F327B6224C544B4_terseLabel_en-US" xlink:label="lab_bk_GrantorTrustResidentialMortgageBackedSecuritiesMember_2DD5033EC010CECF6F327B6224C544B4" 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_2DD5033EC010CECF6F327B6224C544B4_label_en-US" xlink:label="lab_bk_GrantorTrustResidentialMortgageBackedSecuritiesMember_2DD5033EC010CECF6F327B6224C544B4" 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_2DD5033EC010CECF6F327B6224C544B4_documentation_en-US" xlink:label="lab_bk_GrantorTrustResidentialMortgageBackedSecuritiesMember_2DD5033EC010CECF6F327B6224C544B4" 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-20161231.xsd#bk_GrantorTrustResidentialMortgageBackedSecuritiesMember" xlink:label="loc_bk_GrantorTrustResidentialMortgageBackedSecuritiesMember_2DD5033EC010CECF6F327B6224C544B4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_GrantorTrustResidentialMortgageBackedSecuritiesMember_2DD5033EC010CECF6F327B6224C544B4" xlink:to="lab_bk_GrantorTrustResidentialMortgageBackedSecuritiesMember_2DD5033EC010CECF6F327B6224C544B4" xlink:type="arc"/>
<link:label id="lab_bk_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisLineItems_E463B619DA7D997D1D937B6224C525DA_terseLabel_en-US" xlink:label="lab_bk_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisLineItems_E463B619DA7D997D1D937B6224C525DA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] </link:label>
<link:label id="lab_bk_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisLineItems_E463B619DA7D997D1D937B6224C525DA_label_en-US" xlink:label="lab_bk_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisLineItems_E463B619DA7D997D1D937B6224C525DA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Assets And Liabilities Measured On Recurring Basis [Line Items] </link:label>
<link:label id="lab_bk_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisLineItems_E463B619DA7D997D1D937B6224C525DA_documentation_en-US" xlink:label="lab_bk_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisLineItems_E463B619DA7D997D1D937B6224C525DA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisLineItems" xlink:label="loc_bk_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisLineItems_E463B619DA7D997D1D937B6224C525DA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisLineItems_E463B619DA7D997D1D937B6224C525DA" xlink:to="lab_bk_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisLineItems_E463B619DA7D997D1D937B6224C525DA" xlink:type="arc"/>
<link:label id="lab_us-gaap_InvestmentsFairValueDisclosure_54D70D2FE3CF4D8B31057B6224C5AF70_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentsFairValueDisclosure_54D70D2FE3CF4D8B31057B6224C5AF70" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total available-for-sale securities </link:label>
<link:label id="lab_us-gaap_InvestmentsFairValueDisclosure_54D70D2FE3CF4D8B31057B6224C5AF70_label_en-US" xlink:label="lab_us-gaap_InvestmentsFairValueDisclosure_54D70D2FE3CF4D8B31057B6224C5AF70" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investments, Fair Value Disclosure </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsFairValueDisclosure" xlink:label="loc_us-gaap_InvestmentsFairValueDisclosure_54D70D2FE3CF4D8B31057B6224C5AF70" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentsFairValueDisclosure_54D70D2FE3CF4D8B31057B6224C5AF70" xlink:to="lab_us-gaap_InvestmentsFairValueDisclosure_54D70D2FE3CF4D8B31057B6224C5AF70" xlink:type="arc"/>
<link:label id="lab_bk_DebtAndEquityInstrumentsAssetsFairValueDisclosure_4220663D26FE42556E2E7B6224C5E0EA_terseLabel_en-US" xlink:label="lab_bk_DebtAndEquityInstrumentsAssetsFairValueDisclosure_4220663D26FE42556E2E7B6224C5E0EA" 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_4220663D26FE42556E2E7B6224C5E0EA_label_en-US" xlink:label="lab_bk_DebtAndEquityInstrumentsAssetsFairValueDisclosure_4220663D26FE42556E2E7B6224C5E0EA" 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_4220663D26FE42556E2E7B6224C5E0EA_documentation_en-US" xlink:label="lab_bk_DebtAndEquityInstrumentsAssetsFairValueDisclosure_4220663D26FE42556E2E7B6224C5E0EA" 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-20161231.xsd#bk_DebtAndEquityInstrumentsAssetsFairValueDisclosure" xlink:label="loc_bk_DebtAndEquityInstrumentsAssetsFairValueDisclosure_4220663D26FE42556E2E7B6224C5E0EA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_DebtAndEquityInstrumentsAssetsFairValueDisclosure_4220663D26FE42556E2E7B6224C5E0EA" xlink:to="lab_bk_DebtAndEquityInstrumentsAssetsFairValueDisclosure_4220663D26FE42556E2E7B6224C5E0EA" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeAssets_5DB68FCD71BAA7FD13B17B6224C55F27_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssets_5DB68FCD71BAA7FD13B17B6224C55F27" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeAssets" xlink:label="loc_us-gaap_DerivativeAssets_5DB68FCD71BAA7FD13B17B6224C55F27" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssets_5DB68FCD71BAA7FD13B17B6224C55F27" xlink:to="lab_us-gaap_DerivativeAssets_5DB68FCD71BAA7FD13B17B6224C55F27" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset_2C558561343A2E2821567B6224C5DECC_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset_2C558561343A2E2821567B6224C5DECC" 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_2C558561343A2E2821567B6224C5DECC_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset_2C558561343A2E2821567B6224C5DECC" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset" xlink:label="loc_us-gaap_DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset_2C558561343A2E2821567B6224C5DECC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset_2C558561343A2E2821567B6224C5DECC" xlink:to="lab_us-gaap_DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset_2C558561343A2E2821567B6224C5DECC" xlink:type="arc"/>
<link:label id="lab_us-gaap_TradingSecurities_3F1BDC13854459F4233D7B6224C597E1_totalLabel_en-US" xlink:label="lab_us-gaap_TradingSecurities_3F1BDC13854459F4233D7B6224C597E1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Trading assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingSecurities" xlink:label="loc_us-gaap_TradingSecurities_3F1BDC13854459F4233D7B6224C597E1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TradingSecurities_3F1BDC13854459F4233D7B6224C597E1" xlink:to="lab_us-gaap_TradingSecurities_3F1BDC13854459F4233D7B6224C597E1" xlink:type="arc"/>
<link:label id="lab_us-gaap_LoansReceivableFairValueDisclosure_2211551AA9D6BF8CDEB97B6224C560A3_terseLabel_en-US" xlink:label="lab_us-gaap_LoansReceivableFairValueDisclosure_2211551AA9D6BF8CDEB97B6224C560A3" 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_2211551AA9D6BF8CDEB97B6224C560A3_label_en-US" xlink:label="lab_us-gaap_LoansReceivableFairValueDisclosure_2211551AA9D6BF8CDEB97B6224C560A3" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansReceivableFairValueDisclosure" xlink:label="loc_us-gaap_LoansReceivableFairValueDisclosure_2211551AA9D6BF8CDEB97B6224C560A3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansReceivableFairValueDisclosure_2211551AA9D6BF8CDEB97B6224C560A3" xlink:to="lab_us-gaap_LoansReceivableFairValueDisclosure_2211551AA9D6BF8CDEB97B6224C560A3" xlink:type="arc"/>
<link:label id="lab_bk_PercentOfAssetsPriorToNetting_82ECD14652656AD55A067B6224C5070F_terseLabel_en-US" xlink:label="lab_bk_PercentOfAssetsPriorToNetting_82ECD14652656AD55A067B6224C5070F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Percentage of assets prior to netting </link:label>
<link:label id="lab_bk_PercentOfAssetsPriorToNetting_82ECD14652656AD55A067B6224C5070F_label_en-US" xlink:label="lab_bk_PercentOfAssetsPriorToNetting_82ECD14652656AD55A067B6224C5070F" 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_82ECD14652656AD55A067B6224C5070F_documentation_en-US" xlink:label="lab_bk_PercentOfAssetsPriorToNetting_82ECD14652656AD55A067B6224C5070F" 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-20161231.xsd#bk_PercentOfAssetsPriorToNetting" xlink:label="loc_bk_PercentOfAssetsPriorToNetting_82ECD14652656AD55A067B6224C5070F" xlink:type="locator"/>
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<link:label id="lab_bk_DebtAndEquityInstrumentsLiabilitiesFairValueDisclosure_D5AB118491D49F1C3DB87B6224C5122F_terseLabel_en-US" xlink:label="lab_bk_DebtAndEquityInstrumentsLiabilitiesFairValueDisclosure_D5AB118491D49F1C3DB87B6224C5122F" 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_D5AB118491D49F1C3DB87B6224C5122F_label_en-US" xlink:label="lab_bk_DebtAndEquityInstrumentsLiabilitiesFairValueDisclosure_D5AB118491D49F1C3DB87B6224C5122F" 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_D5AB118491D49F1C3DB87B6224C5122F_documentation_en-US" xlink:label="lab_bk_DebtAndEquityInstrumentsLiabilitiesFairValueDisclosure_D5AB118491D49F1C3DB87B6224C5122F" 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-20161231.xsd#bk_DebtAndEquityInstrumentsLiabilitiesFairValueDisclosure" xlink:label="loc_bk_DebtAndEquityInstrumentsLiabilitiesFairValueDisclosure_D5AB118491D49F1C3DB87B6224C5122F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeLiabilities_BB8E95ED5BD8BAB55B247B6224C5391B_verboseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilities_BB8E95ED5BD8BAB55B247B6224C5391B" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="loc_us-gaap_DerivativeLiabilities_BB8E95ED5BD8BAB55B247B6224C5391B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset_15FEE3E8D9F76D069AB97B6224C6A8F6_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset_15FEE3E8D9F76D069AB97B6224C6A8F6" 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_15FEE3E8D9F76D069AB97B6224C6A8F6_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset_15FEE3E8D9F76D069AB97B6224C6A8F6" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset" xlink:label="loc_us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset_15FEE3E8D9F76D069AB97B6224C6A8F6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset_15FEE3E8D9F76D069AB97B6224C6A8F6" xlink:to="lab_us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset_15FEE3E8D9F76D069AB97B6224C6A8F6" xlink:type="arc"/>
<link:label id="lab_us-gaap_LongTermDebtFairValue_AD3F693F8EA7848AC2707B6224C63C50_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtFairValue_AD3F693F8EA7848AC2707B6224C63C50" 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_AD3F693F8EA7848AC2707B6224C63C50_label_en-US" xlink:label="lab_us-gaap_LongTermDebtFairValue_AD3F693F8EA7848AC2707B6224C63C50" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtFairValue" xlink:label="loc_us-gaap_LongTermDebtFairValue_AD3F693F8EA7848AC2707B6224C63C50" xlink:type="locator"/>
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<link:label id="lab_bk_OtherLiabilitiesandDerivativeLiabilitiesFairValueDisclosure_3A6F8FAAE9FE759B99347B6224C68E67_totalLabel_en-US" xlink:label="lab_bk_OtherLiabilitiesandDerivativeLiabilitiesFairValueDisclosure_3A6F8FAAE9FE759B99347B6224C68E67" 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_3A6F8FAAE9FE759B99347B6224C68E67_label_en-US" xlink:label="lab_bk_OtherLiabilitiesandDerivativeLiabilitiesFairValueDisclosure_3A6F8FAAE9FE759B99347B6224C68E67" 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>
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<link:label id="lab_bk_PercentOfLiabilitiesPriorToNetting_AF983477B8BEA49095287B6224C6CF6F_terseLabel_en-US" xlink:label="lab_bk_PercentOfLiabilitiesPriorToNetting_AF983477B8BEA49095287B6224C6CF6F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Percentage of liabilities prior to netting </link:label>
<link:label id="lab_bk_PercentOfLiabilitiesPriorToNetting_AF983477B8BEA49095287B6224C6CF6F_label_en-US" xlink:label="lab_bk_PercentOfLiabilitiesPriorToNetting_AF983477B8BEA49095287B6224C6CF6F" 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_AF983477B8BEA49095287B6224C6CF6F_documentation_en-US" xlink:label="lab_bk_PercentOfLiabilitiesPriorToNetting_AF983477B8BEA49095287B6224C6CF6F" 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>
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<link:label id="lab_us-gaap_ScheduleOfFinancingReceivableRecordedInvestmentCreditQualityIndicatorTable_96CC0A5CC5030834119C57D6BE2792D6_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfFinancingReceivableRecordedInvestmentCreditQualityIndicatorTable_49354CA704B25609A3D919BE83BAD935" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Financing Receivable, Recorded Investment, Credit Quality Indicator [Table] </link:label>
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<link:label id="lab_us-gaap_InternalCreditAssessmentAxis_3BBFFA75F557571D10CB57D6BE272C35_terseLabel_en-US" xlink:label="lab_us-gaap_InternalCreditAssessmentAxis_4B2C2EC2391C5DAE95D9BE0193D483C9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Internal Credit Assessment [Axis] </link:label>
<link:label id="lab_us-gaap_InternalCreditAssessmentAxis_3BBFFA75F557571D10CB57D6BE272C35_label_en-US" xlink:label="lab_us-gaap_InternalCreditAssessmentAxis_4B2C2EC2391C5DAE95D9BE0193D483C9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Internal Credit Assessment [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InternalCreditAssessmentAxis" xlink:label="loc_us-gaap_InternalCreditAssessmentAxis_4B2C2EC2391C5DAE95D9BE0193D483C9" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InternalCreditAssessmentDomain_125B8E8838EF123463F657D6BE2724C3_terseLabel_en-US" xlink:label="lab_us-gaap_InternalCreditAssessmentDomain_65271B45DBC85378BA083DBD1F336641" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Internal Credit Assessment [Domain] </link:label>
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<link:label id="lab_us-gaap_CommercialPortfolioSegmentMember_CE4A2FAA5C3056C70C5A57D6BE2815C4_terseLabel_en-US" xlink:label="lab_us-gaap_CommercialPortfolioSegmentMember_A62B2AB20623582B9626FFB09F31BA38" 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_CE4A2FAA5C3056C70C5A57D6BE2815C4_label_en-US" xlink:label="lab_us-gaap_CommercialPortfolioSegmentMember_A62B2AB20623582B9626FFB09F31BA38" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commercial Portfolio Segment [Member] </link:label>
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<link:label id="lab_bk_WealthManagementLoansPortfolioSegmentMember_95E583EDD07C89384DA957D6BE28212F_terseLabel_en-US" xlink:label="lab_bk_WealthManagementLoansPortfolioSegmentMember_1946D32D33865563B677F2497D733CDA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Wealth management loans </link:label>
<link:label id="lab_bk_WealthManagementLoansPortfolioSegmentMember_95E583EDD07C89384DA957D6BE28212F_label_en-US" xlink:label="lab_bk_WealthManagementLoansPortfolioSegmentMember_1946D32D33865563B677F2497D733CDA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Wealth Management Loans Portfolio Segment [Member] </link:label>
<link:label id="lab_bk_WealthManagementLoansPortfolioSegmentMember_95E583EDD07C89384DA957D6BE28212F_documentation_en-US" xlink:label="lab_bk_WealthManagementLoansPortfolioSegmentMember_1946D32D33865563B677F2497D733CDA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Wealth Management Loans Portfolio Segment [Member] </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_WealthManagementLoansPortfolioSegmentMember" xlink:label="loc_bk_WealthManagementLoansPortfolioSegmentMember_1946D32D33865563B677F2497D733CDA" xlink:type="locator"/>
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<link:label id="lab_bk_WealthManagementMortgagesPortfolioSegmentMember_9D1D21715975226BEC3D57D6BE282842_terseLabel_en-US" xlink:label="lab_bk_WealthManagementMortgagesPortfolioSegmentMember_ECD2CA9537C157778A358868DE02BFB4" 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_9D1D21715975226BEC3D57D6BE282842_label_en-US" xlink:label="lab_bk_WealthManagementMortgagesPortfolioSegmentMember_ECD2CA9537C157778A358868DE02BFB4" 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_9D1D21715975226BEC3D57D6BE282842_documentation_en-US" xlink:label="lab_bk_WealthManagementMortgagesPortfolioSegmentMember_ECD2CA9537C157778A358868DE02BFB4" 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-20161231.xsd#bk_WealthManagementMortgagesPortfolioSegmentMember" xlink:label="loc_bk_WealthManagementMortgagesPortfolioSegmentMember_ECD2CA9537C157778A358868DE02BFB4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentLineItems_890EA7092FC2D761F7BC57D6BE29091B_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentLineItems_1585395E617A520C9AAAD729F30981EE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Recorded Investment [Line Items] </link:label>
<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentLineItems_890EA7092FC2D761F7BC57D6BE29091B_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentLineItems_1585395E617A520C9AAAD729F30981EE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Recorded Investment [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancingReceivableRecordedInvestmentLineItems" xlink:label="loc_us-gaap_FinancingReceivableRecordedInvestmentLineItems_1585395E617A520C9AAAD729F30981EE" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome_F0B850BF7875185FED9457D6BE2997A2_terseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome_44EFA7C25BFF55DB856F79574BB5BF89" 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_F0B850BF7875185FED9457D6BE2997A2_label_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome_44EFA7C25BFF55DB856F79574BB5BF89" 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>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome" xlink:label="loc_us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome_44EFA7C25BFF55DB856F79574BB5BF89" xlink:type="locator"/>
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<link:label id="lab_us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock_8A3D5EF82D57968C91B6952C8C763D95_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock_2884B59CEACA510A941AF6C64A6CB7C7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill and intangible assets </link:label>
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<link:label id="lab_us-gaap_ScheduleOfFinancingReceivablesPastDueTable_84566E4F67B64092BB6C7DBF2819B8B0_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfFinancingReceivablesPastDueTable_84566E4F67B64092BB6C7DBF2819B8B0" 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>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancingReceivablesPeriodPastDueAxis" xlink:label="loc_us-gaap_FinancingReceivablesPeriodPastDueAxis_6916CB38EDEF947A86597DBF2819C027" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FinancingReceivables30To59DaysPastDueMember_89B734A9F77442051F647DBF2819C80E_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivables30To59DaysPastDueMember_89B734A9F77442051F647DBF2819C80E" 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_89B734A9F77442051F647DBF2819C80E_label_en-US" xlink:label="lab_us-gaap_FinancingReceivables30To59DaysPastDueMember_89B734A9F77442051F647DBF2819C80E" 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_E31011A7A88E8529BCFD7DBF2819B182_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivables60To89DaysPastDueMember_E31011A7A88E8529BCFD7DBF2819B182" 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_E31011A7A88E8529BCFD7DBF2819B182_label_en-US" xlink:label="lab_us-gaap_FinancingReceivables60To89DaysPastDueMember_E31011A7A88E8529BCFD7DBF2819B182" 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_E3EE85346EE5CDCBED237DBF281A2088_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivablesEqualToGreaterThan90DaysPastDueMember_E3EE85346EE5CDCBED237DBF281A2088" 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_E3EE85346EE5CDCBED237DBF281A2088_label_en-US" xlink:label="lab_us-gaap_FinancingReceivablesEqualToGreaterThan90DaysPastDueMember_E3EE85346EE5CDCBED237DBF281A2088" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancingReceivablesEqualToGreaterThan90DaysPastDueMember" xlink:label="loc_us-gaap_FinancingReceivablesEqualToGreaterThan90DaysPastDueMember_E3EE85346EE5CDCBED237DBF281A2088" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivablesEqualToGreaterThan90DaysPastDueMember_E3EE85346EE5CDCBED237DBF281A2088" xlink:to="lab_us-gaap_FinancingReceivablesEqualToGreaterThan90DaysPastDueMember_E3EE85346EE5CDCBED237DBF281A2088" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentPastDueLineItems_DB5E01D5055E81D00EFE7DBF281AC710_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentPastDueLineItems_DB5E01D5055E81D00EFE7DBF281AC710" 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_DB5E01D5055E81D00EFE7DBF281AC710_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentPastDueLineItems_DB5E01D5055E81D00EFE7DBF281AC710" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancingReceivableRecordedInvestmentPastDueLineItems" xlink:label="loc_us-gaap_FinancingReceivableRecordedInvestmentPastDueLineItems_DB5E01D5055E81D00EFE7DBF281AC710" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentPastDue_619C58ED4B7E644A90207DBF281A985F_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentPastDue_619C58ED4B7E644A90207DBF281A985F" 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_619C58ED4B7E644A90207DBF281A985F_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentPastDue_619C58ED4B7E644A90207DBF281A985F" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancingReceivableRecordedInvestmentPastDue" xlink:label="loc_us-gaap_FinancingReceivableRecordedInvestmentPastDue_619C58ED4B7E644A90207DBF281A985F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableRecordedInvestmentPastDue_619C58ED4B7E644A90207DBF281A985F" xlink:to="lab_us-gaap_FinancingReceivableRecordedInvestmentPastDue_619C58ED4B7E644A90207DBF281A985F" xlink:type="arc"/>
<link:label id="lab_us-gaap_ScheduleOfGainLossOnInvestmentsTable_B5BA897B0B2AC9D19FE9903B11B444E9_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfGainLossOnInvestmentsTable_C6B41FBF2B7F5ACE9D9874B17E71AD90" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Gain (Loss) on Investments [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfGainLossOnInvestmentsTable_B5BA897B0B2AC9D19FE9903B11B444E9_label_en-US" xlink:label="lab_us-gaap_ScheduleOfGainLossOnInvestmentsTable_C6B41FBF2B7F5ACE9D9874B17E71AD90" 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>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfGainLossOnInvestmentsTable" xlink:label="loc_us-gaap_ScheduleOfGainLossOnInvestmentsTable_C6B41FBF2B7F5ACE9D9874B17E71AD90" xlink:type="locator"/>
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<link:label id="lab_bk_RecentVintageMember_F1174FAF5EFEE81CD949903B11B4B702_terseLabel_en-US" xlink:label="lab_bk_RecentVintageMember_E93BB6171C4659F7B22D5FCDDA3B5A63" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Recent Vintage </link:label>
<link:label id="lab_bk_RecentVintageMember_F1174FAF5EFEE81CD949903B11B4B702_label_en-US" xlink:label="lab_bk_RecentVintageMember_E93BB6171C4659F7B22D5FCDDA3B5A63" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Recent Vintage [Member] </link:label>
<link:label id="lab_bk_RecentVintageMember_F1174FAF5EFEE81CD949903B11B4B702_documentation_en-US" xlink:label="lab_bk_RecentVintageMember_E93BB6171C4659F7B22D5FCDDA3B5A63" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Recent Vintage [Member] </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_RecentVintageMember" xlink:label="loc_bk_RecentVintageMember_E93BB6171C4659F7B22D5FCDDA3B5A63" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_RecentVintageMember_E93BB6171C4659F7B22D5FCDDA3B5A63" xlink:to="lab_bk_RecentVintageMember_E93BB6171C4659F7B22D5FCDDA3B5A63" xlink:type="arc"/>
<link:label id="lab_bk_AltResidentialMortgageBackedAndGrantorTrustSecuritiesMember_2AE64E636B0C21BC4365903B11B5EB2D_terseLabel_en-US" xlink:label="lab_bk_AltResidentialMortgageBackedAndGrantorTrustSecuritiesMember_097A8E648E9D5DB3A477B324845A3FA9" 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_2AE64E636B0C21BC4365903B11B5EB2D_label_en-US" xlink:label="lab_bk_AltResidentialMortgageBackedAndGrantorTrustSecuritiesMember_097A8E648E9D5DB3A477B324845A3FA9" 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>
<link:label id="lab_bk_AltResidentialMortgageBackedAndGrantorTrustSecuritiesMember_2AE64E636B0C21BC4365903B11B5EB2D_documentation_en-US" xlink:label="lab_bk_AltResidentialMortgageBackedAndGrantorTrustSecuritiesMember_097A8E648E9D5DB3A477B324845A3FA9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Alt-A Residential Mortgage Backed and Grantor Trust Securities </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_AltResidentialMortgageBackedAndGrantorTrustSecuritiesMember" xlink:label="loc_bk_AltResidentialMortgageBackedAndGrantorTrustSecuritiesMember_097A8E648E9D5DB3A477B324845A3FA9" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SubprimeMember_F5B3C514E67AE2E5BA2E903B11B5B986_terseLabel_en-US" xlink:label="lab_us-gaap_SubprimeMember_0B28867457DA57899C64286C3824C862" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Subprime </link:label>
<link:label id="lab_us-gaap_SubprimeMember_F5B3C514E67AE2E5BA2E903B11B5B986_label_en-US" xlink:label="lab_us-gaap_SubprimeMember_0B28867457DA57899C64286C3824C862" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Subprime [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubprimeMember" xlink:label="loc_us-gaap_SubprimeMember_0B28867457DA57899C64286C3824C862" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PrimeMember_AEEF42469A3F898236FF903B11B59DB8_terseLabel_en-US" xlink:label="lab_us-gaap_PrimeMember_2F12697E470C5F3AB3638B404B246EE1" 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_AEEF42469A3F898236FF903B11B59DB8_label_en-US" xlink:label="lab_us-gaap_PrimeMember_2F12697E470C5F3AB3638B404B246EE1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Prime [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PrimeMember" xlink:label="loc_us-gaap_PrimeMember_2F12697E470C5F3AB3638B404B246EE1" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfGainLossOnInvestmentsIncludingMarketableSecuritiesAndInvestmentsHeldAtCostIncomeStatementReportedAmountsSummaryLineItems_E533E0A93CA5C01A3E4B903B11B5E963_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfGainLossOnInvestmentsIncludingMarketableSecuritiesAndInvestmentsHeldAtCostIncomeStatementReportedAmountsSummaryLineItems_9C47E9995543572AA321BB34F34904CE" 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_5B3B236B33D865058C87903B11B5040D_terseLabel_en-US" xlink:label="lab_bk_ProjectedWeightedAverageDefaultRates_B26B8302D3205E83930AD86F1370B7AE" 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:label id="lab_bk_ProjectedWeightedAverageLossSeverities_551147A5700E0DA6FF1F903B11B5275F_terseLabel_en-US" xlink:label="lab_bk_ProjectedWeightedAverageLossSeverities_64D141A3DE9356429F6B403932620A44" 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_551147A5700E0DA6FF1F903B11B5275F_label_en-US" xlink:label="lab_bk_ProjectedWeightedAverageLossSeverities_64D141A3DE9356429F6B403932620A44" 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-20161231.xsd#bk_ProjectedWeightedAverageLossSeverities" xlink:label="loc_bk_ProjectedWeightedAverageLossSeverities_64D141A3DE9356429F6B403932620A44" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StockholdersEquityNoteAbstract_DBDE16724CBE3625008477E04D87FA26_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityNoteAbstract_DBDE16724CBE3625008477E04D87FA26" 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_CondensedCashFlowStatementTable_84622FDFAB6DB7CD3F06638C4428F3EE_terseLabel_en-US" xlink:label="lab_us-gaap_CondensedCashFlowStatementTable_84622FDFAB6DB7CD3F06638C4428F3EE" 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_84622FDFAB6DB7CD3F06638C4428F3EE_label_en-US" xlink:label="lab_us-gaap_CondensedCashFlowStatementTable_84622FDFAB6DB7CD3F06638C4428F3EE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Condensed Cash Flow Statement [Table] </link:label>
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<link:label id="lab_us-gaap_ProfitLoss_DF05730D8625FE0CE771638C44286A4F_terseLabel_en-US" xlink:label="lab_us-gaap_ProfitLoss_DF05730D8625FE0CE771638C44286A4F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net income </link:label>
<link:label id="lab_us-gaap_ProfitLoss_DF05730D8625FE0CE771638C44286A4F_label_en-US" xlink:label="lab_us-gaap_ProfitLoss_DF05730D8625FE0CE771638C44286A4F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Income (Loss), Including Portion Attributable to Noncontrolling Interest </link:label>
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<link:label id="lab_bk_EquityInUndistributedEarningsLossesOfSubsidiaries_82F0C3FC4E2FC473625F638C4428A754_negatedLabel_en-US" xlink:label="lab_bk_EquityInUndistributedEarningsLossesOfSubsidiaries_82F0C3FC4E2FC473625F638C4428A754" 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:label id="lab_bk_EquityInUndistributedEarningsLossesOfSubsidiaries_82F0C3FC4E2FC473625F638C4428A754_label_en-US" xlink:label="lab_bk_EquityInUndistributedEarningsLossesOfSubsidiaries_82F0C3FC4E2FC473625F638C4428A754" 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>
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<link:loc xlink:href="bk-20161231.xsd#bk_EquityInUndistributedEarningsLossesOfSubsidiaries" xlink:label="loc_bk_EquityInUndistributedEarningsLossesOfSubsidiaries_82F0C3FC4E2FC473625F638C4428A754" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet_C81B5014688917982E69638C4429032F_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet_C81B5014688917982E69638C4429032F" 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_C81B5014688917982E69638C4429032F_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet_C81B5014688917982E69638C4429032F" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet" xlink:label="loc_us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet_C81B5014688917982E69638C4429032F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncreaseDecreaseInInterestPayableNet_44EDAED359BD4F5917DB638C4429F989_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInInterestPayableNet_44EDAED359BD4F5917DB638C4429F989" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Interest Payable, Net </link:label>
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<link:label id="lab_us-gaap_IncreaseDecreaseInAccruedTaxesPayable_D0E28951228E3D355765638C4429507F_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccruedTaxesPayable_D0E28951228E3D355765638C4429507F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in taxes payable </link:label>
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<link:label id="lab_us-gaap_OtherNoncashIncomeExpense_984E9BCEF11AFBA3478F638C44295ECF_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OtherNoncashIncomeExpense_984E9BCEF11AFBA3478F638C44295ECF" 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_984E9BCEF11AFBA3478F638C44295ECF_label_en-US" xlink:label="lab_us-gaap_OtherNoncashIncomeExpense_984E9BCEF11AFBA3478F638C44295ECF" 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_690F1D2BC69C56E8FEA9638C4429078D_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_690F1D2BC69C56E8FEA9638C4429078D" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net cash provided by operating activities </link:label>
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<link:label id="lab_us-gaap_PaymentsToAcquireMarketableSecurities_EB083DCE8D183D728C98638C442B0996_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireMarketableSecurities_EB083DCE8D183D728C98638C442B0996" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Purchases of securities </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireMarketableSecurities" xlink:label="loc_us-gaap_PaymentsToAcquireMarketableSecurities_EB083DCE8D183D728C98638C442B0996" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities_EA37738A6A9DB2922A5B638C4429228D_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities_EA37738A6A9DB2922A5B638C4429228D" 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_EA37738A6A9DB2922A5B638C4429228D_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities_EA37738A6A9DB2922A5B638C4429228D" 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>
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<link:label id="lab_us-gaap_PaymentsForProceedsFromLoansAndLeases_5AF2BA92A16EE2998B65638C4429623F_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromLoansAndLeases_5AF2BA92A16EE2998B65638C4429623F" 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_5AF2BA92A16EE2998B65638C4429623F_label_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromLoansAndLeases_5AF2BA92A16EE2998B65638C4429623F" 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>
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<link:label id="lab_us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates_173FA10A199D13BC8CFE638C44295340_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates_173FA10A199D13BC8CFE638C44295340" 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>
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<link:label id="lab_us-gaap_ProceedsFromSaleOfOtherAssetsInvestingActivities_0A2976530EF9F103EED0638C442BFA83_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfOtherAssetsInvestingActivities_0A2976530EF9F103EED0638C442BFA83" 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_0A2976530EF9F103EED0638C442BFA83_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfOtherAssetsInvestingActivities_0A2976530EF9F103EED0638C442BFA83" 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>
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<link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_6048ECFD8CCFD7C4A9B0638C4429A5C5_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_6048ECFD8CCFD7C4A9B0638C4429A5C5" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net cash provided by (used for) investing activities </link:label>
<link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_6048ECFD8CCFD7C4A9B0638C4429A5C5_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_6048ECFD8CCFD7C4A9B0638C4429A5C5" 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>
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<link:label id="lab_us-gaap_ProceedsFromRepaymentsOfCommercialPaper_0E4A35BA87E2CBFAE18D638C4429C648_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromRepaymentsOfCommercialPaper_0E4A35BA87E2CBFAE18D638C4429C648" 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_0E4A35BA87E2CBFAE18D638C4429C648_label_en-US" xlink:label="lab_us-gaap_ProceedsFromRepaymentsOfCommercialPaper_0E4A35BA87E2CBFAE18D638C4429C648" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromRepaymentsOfCommercialPaper" xlink:label="loc_us-gaap_ProceedsFromRepaymentsOfCommercialPaper_0E4A35BA87E2CBFAE18D638C4429C648" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromRepaymentsOfCommercialPaper_0E4A35BA87E2CBFAE18D638C4429C648" xlink:to="lab_us-gaap_ProceedsFromRepaymentsOfCommercialPaper_0E4A35BA87E2CBFAE18D638C4429C648" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_5D32B4EDB424C7F4C96A638C442961B8_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_5D32B4EDB424C7F4C96A638C442961B8" 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_5D32B4EDB424C7F4C96A638C442961B8_label_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_5D32B4EDB424C7F4C96A638C442961B8" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfLongTermDebt" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfLongTermDebt_5D32B4EDB424C7F4C96A638C442961B8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_RepaymentsOfLongTermDebt_7F1E52BE5595D6C3D4D6638C4429665E_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_RepaymentsOfLongTermDebt_7F1E52BE5595D6C3D4D6638C4429665E" 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_7F1E52BE5595D6C3D4D6638C4429665E_label_en-US" xlink:label="lab_us-gaap_RepaymentsOfLongTermDebt_7F1E52BE5595D6C3D4D6638C4429665E" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="loc_us-gaap_RepaymentsOfLongTermDebt_7F1E52BE5595D6C3D4D6638C4429665E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RepaymentsOfLongTermDebt_7F1E52BE5595D6C3D4D6638C4429665E" xlink:to="lab_us-gaap_RepaymentsOfLongTermDebt_7F1E52BE5595D6C3D4D6638C4429665E" xlink:type="arc"/>
<link:label id="lab_bk_PaymentsForProceedsFromIntercompanyAdvancesFromFinancingActivities_50E65B52105846C1FDF8638C442B1AC1_terseLabel_en-US" xlink:label="lab_bk_PaymentsForProceedsFromIntercompanyAdvancesFromFinancingActivities_50E65B52105846C1FDF8638C442B1AC1" 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_50E65B52105846C1FDF8638C442B1AC1_label_en-US" xlink:label="lab_bk_PaymentsForProceedsFromIntercompanyAdvancesFromFinancingActivities_50E65B52105846C1FDF8638C442B1AC1" 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_50E65B52105846C1FDF8638C442B1AC1_documentation_en-US" xlink:label="lab_bk_PaymentsForProceedsFromIntercompanyAdvancesFromFinancingActivities_50E65B52105846C1FDF8638C442B1AC1" 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-20161231.xsd#bk_PaymentsForProceedsFromIntercompanyAdvancesFromFinancingActivities" xlink:label="loc_bk_PaymentsForProceedsFromIntercompanyAdvancesFromFinancingActivities_50E65B52105846C1FDF8638C442B1AC1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_PaymentsForProceedsFromIntercompanyAdvancesFromFinancingActivities_50E65B52105846C1FDF8638C442B1AC1" xlink:to="lab_bk_PaymentsForProceedsFromIntercompanyAdvancesFromFinancingActivities_50E65B52105846C1FDF8638C442B1AC1" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_85E4879C91EA36A67995638C44292930_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_85E4879C91EA36A67995638C44292930" 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_85E4879C91EA36A67995638C44292930_label_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_85E4879C91EA36A67995638C44292930" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfCommonStock_85E4879C91EA36A67995638C44292930" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_4846AF656503641AA278638C442960FA_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_4846AF656503641AA278638C442960FA" 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_4846AF656503641AA278638C442960FA_label_en-US" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_4846AF656503641AA278638C442960FA" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_4846AF656503641AA278638C442960FA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_4846AF656503641AA278638C442960FA" xlink:to="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_4846AF656503641AA278638C442960FA" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_206EDF37055584AD4F13638C4429146D_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_206EDF37055584AD4F13638C4429146D" 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_206EDF37055584AD4F13638C4429146D_label_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_206EDF37055584AD4F13638C4429146D" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_206EDF37055584AD4F13638C4429146D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PaymentsOfDividends_447E0E964DE29E0C5733638C442BE781_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfDividends_447E0E964DE29E0C5733638C442BE781" 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_447E0E964DE29E0C5733638C442BE781_label_en-US" xlink:label="lab_us-gaap_PaymentsOfDividends_447E0E964DE29E0C5733638C442BE781" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments of Dividends </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsOfDividends" xlink:label="loc_us-gaap_PaymentsOfDividends_447E0E964DE29E0C5733638C442BE781" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_19768DF0FBE5C8AC584A638C442A85EF_terseLabel_en-US" xlink:label="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_19768DF0FBE5C8AC584A638C442A85EF" 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>
<link:label id="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_19768DF0FBE5C8AC584A638C442A85EF_label_en-US" xlink:label="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_19768DF0FBE5C8AC584A638C442A85EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Excess Tax Benefit from Share-based Compensation, Financing Activities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities" xlink:label="loc_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_19768DF0FBE5C8AC584A638C442A85EF" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_FEF5B8B124427D4B1DC9638C442A9C7F_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_FEF5B8B124427D4B1DC9638C442A9C7F" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net cash (used for) provided by financing activities </link:label>
<link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_FEF5B8B124427D4B1DC9638C442A9C7F_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_FEF5B8B124427D4B1DC9638C442A9C7F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Financing Activities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_FEF5B8B124427D4B1DC9638C442A9C7F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_FEF5B8B124427D4B1DC9638C442A9C7F" xlink:to="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_FEF5B8B124427D4B1DC9638C442A9C7F" xlink:type="arc"/>
<link:label id="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_DAAB28F88157CE75409D638C442A0B4C_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_DAAB28F88157CE75409D638C442A0B4C" 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_CashAndCashEquivalentsPeriodIncreaseDecrease_DAAB28F88157CE75409D638C442A0B4C_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_DAAB28F88157CE75409D638C442A0B4C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash and Cash Equivalents, Period Increase (Decrease) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_DAAB28F88157CE75409D638C442A0B4C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_C51E89F099AB39E9C0E9638C442ADA00_periodStartLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_C51E89F099AB39E9C0E9638C442ADA00" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Cash and due from banks at beginning of period </link:label>
<link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_C51E89F099AB39E9C0E9638C442ADA00_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_C51E89F099AB39E9C0E9638C442ADA00" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash and Cash Equivalents, at Carrying Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_C51E89F099AB39E9C0E9638C442ADA00" xlink:type="locator"/>
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<link:label id="lab_us-gaap_BankOverdraftsMember_1608D9DD55FC5DB1DC3F125885D8BC3B_terseLabel_en-US" xlink:label="lab_us-gaap_BankOverdraftsMember_94CEF3CB4CF25DF0987055C0BCB11DBA" 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_1608D9DD55FC5DB1DC3F125885D8BC3B_label_en-US" xlink:label="lab_us-gaap_BankOverdraftsMember_94CEF3CB4CF25DF0987055C0BCB11DBA" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BankOverdraftsMember" xlink:label="loc_us-gaap_BankOverdraftsMember_94CEF3CB4CF25DF0987055C0BCB11DBA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BankOverdraftsMember_94CEF3CB4CF25DF0987055C0BCB11DBA" xlink:to="lab_us-gaap_BankOverdraftsMember_94CEF3CB4CF25DF0987055C0BCB11DBA" xlink:type="arc"/>
<link:label id="lab_bk_MarginLoanMember_F5B0D528DBE0B9DEA0E1125885D852C4_terseLabel_en-US" xlink:label="lab_bk_MarginLoanMember_1AF923BA5C0B5F9C99FAF72A87085ACC" 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_F5B0D528DBE0B9DEA0E1125885D852C4_label_en-US" xlink:label="lab_bk_MarginLoanMember_1AF923BA5C0B5F9C99FAF72A87085ACC" 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_F5B0D528DBE0B9DEA0E1125885D852C4_documentation_en-US" xlink:label="lab_bk_MarginLoanMember_1AF923BA5C0B5F9C99FAF72A87085ACC" 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-20161231.xsd#bk_MarginLoanMember" xlink:label="loc_bk_MarginLoanMember_1AF923BA5C0B5F9C99FAF72A87085ACC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_MarginLoanMember_1AF923BA5C0B5F9C99FAF72A87085ACC" xlink:to="lab_bk_MarginLoanMember_1AF923BA5C0B5F9C99FAF72A87085ACC" xlink:type="arc"/>
<link:label id="lab_us-gaap_RangeAxis_7193B8C3140BF4A17DFF125885D9917F_terseLabel_en-US" xlink:label="lab_us-gaap_RangeAxis_D2493F95F2D45B1B98417462DF9709A1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Range [Axis] </link:label>
<link:label id="lab_us-gaap_RangeAxis_7193B8C3140BF4A17DFF125885D9917F_label_en-US" xlink:label="lab_us-gaap_RangeAxis_D2493F95F2D45B1B98417462DF9709A1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Range [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="loc_us-gaap_RangeAxis_D2493F95F2D45B1B98417462DF9709A1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RangeAxis_D2493F95F2D45B1B98417462DF9709A1" xlink:to="lab_us-gaap_RangeAxis_D2493F95F2D45B1B98417462DF9709A1" xlink:type="arc"/>
<link:label id="lab_us-gaap_RangeMember_D42149E52D384A9C3F09125885D95CC1_terseLabel_en-US" xlink:label="lab_us-gaap_RangeMember_3B6116245B895F148134DE6FA2EFF048" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Range [Domain] </link:label>
<link:label id="lab_us-gaap_RangeMember_D42149E52D384A9C3F09125885D95CC1_label_en-US" xlink:label="lab_us-gaap_RangeMember_3B6116245B895F148134DE6FA2EFF048" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Range [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="loc_us-gaap_RangeMember_3B6116245B895F148134DE6FA2EFF048" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RangeMember_3B6116245B895F148134DE6FA2EFF048" xlink:to="lab_us-gaap_RangeMember_3B6116245B895F148134DE6FA2EFF048" xlink:type="arc"/>
<link:label id="lab_us-gaap_MinimumMember_1C9A5EB3EB26B6C17836125885D960EB_terseLabel_en-US" xlink:label="lab_us-gaap_MinimumMember_336F648DD67E587BB538937D75C0039C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Minimum </link:label>
<link:label id="lab_us-gaap_MinimumMember_1C9A5EB3EB26B6C17836125885D960EB_label_en-US" xlink:label="lab_us-gaap_MinimumMember_336F648DD67E587BB538937D75C0039C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Minimum [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinimumMember" xlink:label="loc_us-gaap_MinimumMember_336F648DD67E587BB538937D75C0039C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinimumMember_336F648DD67E587BB538937D75C0039C" xlink:to="lab_us-gaap_MinimumMember_336F648DD67E587BB538937D75C0039C" xlink:type="arc"/>
<link:label id="lab_stpr_CA_FC7D174318B0000E46C1125885D9B549_terseLabel_en-US" xlink:label="lab_stpr_CA_2AA7FCE15BFF59DF8E074A9367859EC4" 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_FC7D174318B0000E46C1125885D9B549_label_en-US" xlink:label="lab_stpr_CA_2AA7FCE15BFF59DF8E074A9367859EC4" 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_2AA7FCE15BFF59DF8E074A9367859EC4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stpr_CA_2AA7FCE15BFF59DF8E074A9367859EC4" xlink:to="lab_stpr_CA_2AA7FCE15BFF59DF8E074A9367859EC4" xlink:type="arc"/>
<link:label id="lab_stpr_NY_A6BDBA0D478DB7030B11125885D96AFF_terseLabel_en-US" xlink:label="lab_stpr_NY_BC98E331FB1C5AD3936A9DC9366D6156" 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_A6BDBA0D478DB7030B11125885D96AFF_label_en-US" xlink:label="lab_stpr_NY_BC98E331FB1C5AD3936A9DC9366D6156" 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_BC98E331FB1C5AD3936A9DC9366D6156" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stpr_NY_BC98E331FB1C5AD3936A9DC9366D6156" xlink:to="lab_stpr_NY_BC98E331FB1C5AD3936A9DC9366D6156" xlink:type="arc"/>
<link:label id="lab_stpr_MA_67FBCF1C9C3FDE9B6554125885D9BD95_terseLabel_en-US" xlink:label="lab_stpr_MA_FBFDD4519CB5528D84410763D4245820" 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_67FBCF1C9C3FDE9B6554125885D9BD95_label_en-US" xlink:label="lab_stpr_MA_FBFDD4519CB5528D84410763D4245820" 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_FBFDD4519CB5528D84410763D4245820" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stpr_MA_FBFDD4519CB5528D84410763D4245820" xlink:to="lab_stpr_MA_FBFDD4519CB5528D84410763D4245820" xlink:type="arc"/>
<link:label id="lab_stpr_FL_D4459B16AA180E9965D9125885D94E86_terseLabel_en-US" xlink:label="lab_stpr_FL_DB708856F389526A885E8C9ECBC630BF" 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_D4459B16AA180E9965D9125885D94E86_label_en-US" xlink:label="lab_stpr_FL_DB708856F389526A885E8C9ECBC630BF" 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_DB708856F389526A885E8C9ECBC630BF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_stpr_FL_DB708856F389526A885E8C9ECBC630BF" xlink:to="lab_stpr_FL_DB708856F389526A885E8C9ECBC630BF" xlink:type="arc"/>
<link:label id="lab_bk_OtherStateMember_F84E7727AA98155F83F5125885D94E98_terseLabel_en-US" xlink:label="lab_bk_OtherStateMember_BA6F75784C1C566DA0DDED34BD815277" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other </link:label>
<link:label id="lab_bk_OtherStateMember_F84E7727AA98155F83F5125885D94E98_label_en-US" xlink:label="lab_bk_OtherStateMember_BA6F75784C1C566DA0DDED34BD815277" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other State [Member] </link:label>
<link:label id="lab_bk_OtherStateMember_F84E7727AA98155F83F5125885D94E98_documentation_en-US" xlink:label="lab_bk_OtherStateMember_BA6F75784C1C566DA0DDED34BD815277" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other State [Member] </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_OtherStateMember" xlink:label="loc_bk_OtherStateMember_BA6F75784C1C566DA0DDED34BD815277" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OtherStateMember_BA6F75784C1C566DA0DDED34BD815277" xlink:to="lab_bk_OtherStateMember_BA6F75784C1C566DA0DDED34BD815277" xlink:type="arc"/>
<link:label id="lab_us-gaap_AccountsNotesAndLoansReceivableLineItems_E6B0A102B611B52EF1EC125885D9F3DC_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsNotesAndLoansReceivableLineItems_B7890CCEC53A57D0B305AA1B3CE3A721" 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_E6B0A102B611B52EF1EC125885D9F3DC_label_en-US" xlink:label="lab_us-gaap_AccountsNotesAndLoansReceivableLineItems_B7890CCEC53A57D0B305AA1B3CE3A721" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="loc_us-gaap_AccountsNotesAndLoansReceivableLineItems_B7890CCEC53A57D0B305AA1B3CE3A721" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsNotesAndLoansReceivableLineItems_B7890CCEC53A57D0B305AA1B3CE3A721" xlink:to="lab_us-gaap_AccountsNotesAndLoansReceivableLineItems_B7890CCEC53A57D0B305AA1B3CE3A721" xlink:type="arc"/>
<link:label id="lab_bk_NumberofPortfolioSegments_4005B13F3430B75AC726125885D97D90_terseLabel_en-US" xlink:label="lab_bk_NumberofPortfolioSegments_D72C50F461A45BD499061BFCC2A3292E" 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_4005B13F3430B75AC726125885D97D90_label_en-US" xlink:label="lab_bk_NumberofPortfolioSegments_D72C50F461A45BD499061BFCC2A3292E" 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_4005B13F3430B75AC726125885D97D90_documentation_en-US" xlink:label="lab_bk_NumberofPortfolioSegments_D72C50F461A45BD499061BFCC2A3292E" 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-20161231.xsd#bk_NumberofPortfolioSegments" xlink:label="loc_bk_NumberofPortfolioSegments_D72C50F461A45BD499061BFCC2A3292E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_NumberofPortfolioSegments_D72C50F461A45BD499061BFCC2A3292E" xlink:to="lab_bk_NumberofPortfolioSegments_D72C50F461A45BD499061BFCC2A3292E" xlink:type="arc"/>
<link:label id="lab_bk_NumberofClassesofFinancingReceivable_FE40F58E9309208F354A125885D998F1_terseLabel_en-US" xlink:label="lab_bk_NumberofClassesofFinancingReceivable_92854E6D0C515B18A15BB80A4B032831" 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_FE40F58E9309208F354A125885D998F1_label_en-US" xlink:label="lab_bk_NumberofClassesofFinancingReceivable_92854E6D0C515B18A15BB80A4B032831" 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_FE40F58E9309208F354A125885D998F1_documentation_en-US" xlink:label="lab_bk_NumberofClassesofFinancingReceivable_92854E6D0C515B18A15BB80A4B032831" 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-20161231.xsd#bk_NumberofClassesofFinancingReceivable" xlink:label="loc_bk_NumberofClassesofFinancingReceivable_92854E6D0C515B18A15BB80A4B032831" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_NumberofClassesofFinancingReceivable_92854E6D0C515B18A15BB80A4B032831" xlink:to="lab_bk_NumberofClassesofFinancingReceivable_92854E6D0C515B18A15BB80A4B032831" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1_F050A995100E014381E4125885D9FBB1_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1_50D95E513D8F54ED9D4434D253B1AA52" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Subsequently defaulted number of contracts </link:label>
<link:label id="lab_us-gaap_FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1_F050A995100E014381E4125885D9FBB1_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1_50D95E513D8F54ED9D4434D253B1AA52" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Modifications, Subsequent Default, Number of Contracts </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1" xlink:label="loc_us-gaap_FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1_50D95E513D8F54ED9D4434D253B1AA52" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1_50D95E513D8F54ED9D4434D253B1AA52" xlink:to="lab_us-gaap_FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1_50D95E513D8F54ED9D4434D253B1AA52" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1_12AD934A13249D8121F1125885D95D57_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1_8E02BEE0619156A889607EC16D7F1EA4" 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_12AD934A13249D8121F1125885D95D57_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1_8E02BEE0619156A889607EC16D7F1EA4" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1" xlink:label="loc_us-gaap_FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1_8E02BEE0619156A889607EC16D7F1EA4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1_8E02BEE0619156A889607EC16D7F1EA4" xlink:to="lab_us-gaap_FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1_8E02BEE0619156A889607EC16D7F1EA4" xlink:type="arc"/>
<link:label id="lab_bk_LoanToValueRatio_506223B0EFDD790EF6A5125885DA271E_terseLabel_en-US" xlink:label="lab_bk_LoanToValueRatio_C3AA1AE5E0AF591C932E0BBF3E960837" 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_506223B0EFDD790EF6A5125885DA271E_label_en-US" xlink:label="lab_bk_LoanToValueRatio_C3AA1AE5E0AF591C932E0BBF3E960837" 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_506223B0EFDD790EF6A5125885DA271E_documentation_en-US" xlink:label="lab_bk_LoanToValueRatio_C3AA1AE5E0AF591C932E0BBF3E960837" 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-20161231.xsd#bk_LoanToValueRatio" xlink:label="loc_bk_LoanToValueRatio_C3AA1AE5E0AF591C932E0BBF3E960837" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_LoanToValueRatio_C3AA1AE5E0AF591C932E0BBF3E960837" xlink:to="lab_bk_LoanToValueRatio_C3AA1AE5E0AF591C932E0BBF3E960837" xlink:type="arc"/>
<link:label id="lab_bk_PercentageOfLoansThirtyDaysOrMorePastDue_6489219B147956569333125885DADC4B_terseLabel_en-US" xlink:label="lab_bk_PercentageOfLoansThirtyDaysOrMorePastDue_3A54DCC97E9B5014967028B74C4576C1" 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_6489219B147956569333125885DADC4B_label_en-US" xlink:label="lab_bk_PercentageOfLoansThirtyDaysOrMorePastDue_3A54DCC97E9B5014967028B74C4576C1" 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_6489219B147956569333125885DADC4B_documentation_en-US" xlink:label="lab_bk_PercentageOfLoansThirtyDaysOrMorePastDue_3A54DCC97E9B5014967028B74C4576C1" 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-20161231.xsd#bk_PercentageOfLoansThirtyDaysOrMorePastDue" xlink:label="loc_bk_PercentageOfLoansThirtyDaysOrMorePastDue_3A54DCC97E9B5014967028B74C4576C1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_PercentageOfLoansThirtyDaysOrMorePastDue_3A54DCC97E9B5014967028B74C4576C1" xlink:to="lab_bk_PercentageOfLoansThirtyDaysOrMorePastDue_3A54DCC97E9B5014967028B74C4576C1" xlink:type="arc"/>
<link:label id="lab_us-gaap_ConcentrationRiskPercentage1_FDBB07C7C81545EE26C2125885DAC65F_verboseLabel_en-US" xlink:label="lab_us-gaap_ConcentrationRiskPercentage1_61085628BFCD58AEB259D1B97BBBF13C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Geographic concentrations </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConcentrationRiskPercentage1" xlink:label="loc_us-gaap_ConcentrationRiskPercentage1_61085628BFCD58AEB259D1B97BBBF13C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConcentrationRiskPercentage1_61085628BFCD58AEB259D1B97BBBF13C" xlink:to="lab_us-gaap_ConcentrationRiskPercentage1_61085628BFCD58AEB259D1B97BBBF13C" xlink:type="arc"/>
<link:label id="lab_bk_PurchasedMortgages_2B815301158AA53D1E4F125885DA8BD6_terseLabel_en-US" xlink:label="lab_bk_PurchasedMortgages_879BC5CC1920525B8A142651180A585C" 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_2B815301158AA53D1E4F125885DA8BD6_label_en-US" xlink:label="lab_bk_PurchasedMortgages_879BC5CC1920525B8A142651180A585C" 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_2B815301158AA53D1E4F125885DA8BD6_documentation_en-US" xlink:label="lab_bk_PurchasedMortgages_879BC5CC1920525B8A142651180A585C" 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-20161231.xsd#bk_PurchasedMortgages" xlink:label="loc_bk_PurchasedMortgages_879BC5CC1920525B8A142651180A585C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_PurchasedMortgages_879BC5CC1920525B8A142651180A585C" xlink:to="lab_bk_PurchasedMortgages_879BC5CC1920525B8A142651180A585C" xlink:type="arc"/>
<link:label id="lab_bk_LoanToValueRatioPurchasedResidentialMortgages_0473CE0BEFB0626FC7B4125885DA6F86_terseLabel_en-US" xlink:label="lab_bk_LoanToValueRatioPurchasedResidentialMortgages_15A3AE86D8385F4C8A69CD355A95C114" 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_0473CE0BEFB0626FC7B4125885DA6F86_label_en-US" xlink:label="lab_bk_LoanToValueRatioPurchasedResidentialMortgages_15A3AE86D8385F4C8A69CD355A95C114" 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_0473CE0BEFB0626FC7B4125885DA6F86_documentation_en-US" xlink:label="lab_bk_LoanToValueRatioPurchasedResidentialMortgages_15A3AE86D8385F4C8A69CD355A95C114" 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-20161231.xsd#bk_LoanToValueRatioPurchasedResidentialMortgages" xlink:label="loc_bk_LoanToValueRatioPurchasedResidentialMortgages_15A3AE86D8385F4C8A69CD355A95C114" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_LoanToValueRatioPurchasedResidentialMortgages_15A3AE86D8385F4C8A69CD355A95C114" xlink:to="lab_bk_LoanToValueRatioPurchasedResidentialMortgages_15A3AE86D8385F4C8A69CD355A95C114" xlink:type="arc"/>
<link:label id="lab_bk_PercentageOfLoansSixtyOrMoreDaysPastDue_10FB533AFB0BF04B837C125885DA7285_terseLabel_en-US" xlink:label="lab_bk_PercentageOfLoansSixtyOrMoreDaysPastDue_FC1FF3C174C854BF815397A2C694820E" 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_10FB533AFB0BF04B837C125885DA7285_label_en-US" xlink:label="lab_bk_PercentageOfLoansSixtyOrMoreDaysPastDue_FC1FF3C174C854BF815397A2C694820E" 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_10FB533AFB0BF04B837C125885DA7285_documentation_en-US" xlink:label="lab_bk_PercentageOfLoansSixtyOrMoreDaysPastDue_FC1FF3C174C854BF815397A2C694820E" 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-20161231.xsd#bk_PercentageOfLoansSixtyOrMoreDaysPastDue" xlink:label="loc_bk_PercentageOfLoansSixtyOrMoreDaysPastDue_FC1FF3C174C854BF815397A2C694820E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_PercentageOfLoansSixtyOrMoreDaysPastDue_FC1FF3C174C854BF815397A2C694820E" xlink:to="lab_bk_PercentageOfLoansSixtyOrMoreDaysPastDue_FC1FF3C174C854BF815397A2C694820E" xlink:type="arc"/>
<link:label id="lab_bk_OverdraftRepaymentPeriod_60E96DDB3C3FDD20B2D6125885DAD18E_terseLabel_en-US" xlink:label="lab_bk_OverdraftRepaymentPeriod_90B03A7605D455C28B5E0773F1E00EC5" 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_60E96DDB3C3FDD20B2D6125885DAD18E_label_en-US" xlink:label="lab_bk_OverdraftRepaymentPeriod_90B03A7605D455C28B5E0773F1E00EC5" 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_60E96DDB3C3FDD20B2D6125885DAD18E_documentation_en-US" xlink:label="lab_bk_OverdraftRepaymentPeriod_90B03A7605D455C28B5E0773F1E00EC5" 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-20161231.xsd#bk_OverdraftRepaymentPeriod" xlink:label="loc_bk_OverdraftRepaymentPeriod_90B03A7605D455C28B5E0773F1E00EC5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OverdraftRepaymentPeriod_90B03A7605D455C28B5E0773F1E00EC5" xlink:to="lab_bk_OverdraftRepaymentPeriod_90B03A7605D455C28B5E0773F1E00EC5" xlink:type="arc"/>
<link:label id="lab_bk_PercentageCollateralToLoans_4AFF6C1D06061BE3EF6E125885DA77E6_terseLabel_en-US" xlink:label="lab_bk_PercentageCollateralToLoans_B1C14DA4013050DEBB6DD1806378898F" 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_4AFF6C1D06061BE3EF6E125885DA77E6_label_en-US" xlink:label="lab_bk_PercentageCollateralToLoans_B1C14DA4013050DEBB6DD1806378898F" 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_4AFF6C1D06061BE3EF6E125885DA77E6_documentation_en-US" xlink:label="lab_bk_PercentageCollateralToLoans_B1C14DA4013050DEBB6DD1806378898F" 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-20161231.xsd#bk_PercentageCollateralToLoans" xlink:label="loc_bk_PercentageCollateralToLoans_B1C14DA4013050DEBB6DD1806378898F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_PercentageCollateralToLoans_B1C14DA4013050DEBB6DD1806378898F" xlink:to="lab_bk_PercentageCollateralToLoans_B1C14DA4013050DEBB6DD1806378898F" xlink:type="arc"/>
<link:label id="lab_us-gaap_EquityAbstract_5F01D6A236E9B94D6C8D959715EABBA6_label_en-US" xlink:label="lab_us-gaap_EquityAbstract_F7EF6654844652749B944C6AEFB68F3B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityAbstract" xlink:label="loc_us-gaap_EquityAbstract_F7EF6654844652749B944C6AEFB68F3B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityAbstract_F7EF6654844652749B944C6AEFB68F3B" xlink:to="lab_us-gaap_EquityAbstract_F7EF6654844652749B944C6AEFB68F3B" xlink:type="arc"/>
<link:label id="lab_us-gaap_ComprehensiveIncomeNoteTextBlock_F5041B650C0ED9014092959715EAE42B_terseLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNoteTextBlock_61ECAA462E3C5C539CFE6D78B139B056" 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_F5041B650C0ED9014092959715EAE42B_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNoteTextBlock_61ECAA462E3C5C539CFE6D78B139B056" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComprehensiveIncomeNoteTextBlock" xlink:label="loc_us-gaap_ComprehensiveIncomeNoteTextBlock_61ECAA462E3C5C539CFE6D78B139B056" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComprehensiveIncomeNoteTextBlock_61ECAA462E3C5C539CFE6D78B139B056" xlink:to="lab_us-gaap_ComprehensiveIncomeNoteTextBlock_61ECAA462E3C5C539CFE6D78B139B056" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_867251E6EB93ED7E038A412E192270B7_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_8F92034DD9415DD78F5C5BC3199D9904" 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_867251E6EB93ED7E038A412E192270B7_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_8F92034DD9415DD78F5C5BC3199D9904" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_8F92034DD9415DD78F5C5BC3199D9904" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_8F92034DD9415DD78F5C5BC3199D9904" xlink:to="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_8F92034DD9415DD78F5C5BC3199D9904" xlink:type="arc"/>
<link:label id="lab_bk_InvestmentManagementFundsMember_C3212B72306B5BA096D7412E1922E2D1_netLabel_en-US" xlink:label="lab_bk_InvestmentManagementFundsMember_E7073CD915525EF7982312211A38EF7B" 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-20161231.xsd#bk_InvestmentManagementFundsMember" xlink:label="loc_bk_InvestmentManagementFundsMember_E7073CD915525EF7982312211A38EF7B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_InvestmentManagementFundsMember_E7073CD915525EF7982312211A38EF7B" xlink:to="lab_bk_InvestmentManagementFundsMember_E7073CD915525EF7982312211A38EF7B" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_F7506E1CAA305FAA4B9F412E1922C7C8_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_D5BEE22535A956AFB6BB7D7319817DC2" 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_F7506E1CAA305FAA4B9F412E1922C7C8_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_D5BEE22535A956AFB6BB7D7319817DC2" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_D5BEE22535A956AFB6BB7D7319817DC2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_D5BEE22535A956AFB6BB7D7319817DC2" xlink:to="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_D5BEE22535A956AFB6BB7D7319817DC2" xlink:type="arc"/>
<link:label id="lab_bk_AssetsofConsolidatedInvestmentManagementFundsAbstract_4F0200AD233DD93A16D1412E1922C814_terseLabel_en-US" xlink:label="lab_bk_AssetsofConsolidatedInvestmentManagementFundsAbstract_369AED1728D95F9DAA060BB7D46D9BE6" 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:label id="lab_bk_AssetsofConsolidatedInvestmentManagementFundsAbstract_4F0200AD233DD93A16D1412E1922C814_label_en-US" xlink:label="lab_bk_AssetsofConsolidatedInvestmentManagementFundsAbstract_369AED1728D95F9DAA060BB7D46D9BE6" 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_4F0200AD233DD93A16D1412E1922C814_documentation_en-US" xlink:label="lab_bk_AssetsofConsolidatedInvestmentManagementFundsAbstract_369AED1728D95F9DAA060BB7D46D9BE6" 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-20161231.xsd#bk_AssetsofConsolidatedInvestmentManagementFundsAbstract" xlink:label="loc_bk_AssetsofConsolidatedInvestmentManagementFundsAbstract_369AED1728D95F9DAA060BB7D46D9BE6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AssetsofConsolidatedInvestmentManagementFundsAbstract_369AED1728D95F9DAA060BB7D46D9BE6" xlink:to="lab_bk_AssetsofConsolidatedInvestmentManagementFundsAbstract_369AED1728D95F9DAA060BB7D46D9BE6" xlink:type="arc"/>
<link:label id="lab_bk_LiabilitiesofConsolidatedInvestmentManagementFundsAbstract_AEEC16135D14F2D1B5EB412E19223B80_terseLabel_en-US" xlink:label="lab_bk_LiabilitiesofConsolidatedInvestmentManagementFundsAbstract_F900025174775CB6B19643B449F880F1" 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_AEEC16135D14F2D1B5EB412E19223B80_label_en-US" xlink:label="lab_bk_LiabilitiesofConsolidatedInvestmentManagementFundsAbstract_F900025174775CB6B19643B449F880F1" 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_AEEC16135D14F2D1B5EB412E19223B80_documentation_en-US" xlink:label="lab_bk_LiabilitiesofConsolidatedInvestmentManagementFundsAbstract_F900025174775CB6B19643B449F880F1" 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-20161231.xsd#bk_LiabilitiesofConsolidatedInvestmentManagementFundsAbstract" xlink:label="loc_bk_LiabilitiesofConsolidatedInvestmentManagementFundsAbstract_F900025174775CB6B19643B449F880F1" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncomeTaxDisclosureTextBlock_CF5E509EBEDC21C9F9CAF65D300148C4_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxDisclosureTextBlock_CF5E509EBEDC21C9F9CAF65D300148C4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income taxes </link:label>
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<link:label id="lab_us-gaap_ScheduleOfGoodwillTextBlock_737A8525836DBEF62145952C8C74B5B7_label_en-US" xlink:label="lab_us-gaap_ScheduleOfGoodwillTextBlock_990E21E06C165F9793A1236B096CC0E3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Goodwill [Table Text Block] </link:label>
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<link:label id="lab_bk_ScheduleOfIntangibleAssetsBySegmentTableTableTextBlock_053F76E017DB7251E87C952C8C74C18B_terseLabel_en-US" xlink:label="lab_bk_ScheduleOfIntangibleAssetsBySegmentTableTableTextBlock_4BB5DB65DB3C51B0983B954D2ABFC87F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Breakdown of Intangible Assets by Business </link:label>
<link:label id="lab_bk_ScheduleOfIntangibleAssetsBySegmentTableTableTextBlock_053F76E017DB7251E87C952C8C74C18B_label_en-US" xlink:label="lab_bk_ScheduleOfIntangibleAssetsBySegmentTableTableTextBlock_4BB5DB65DB3C51B0983B954D2ABFC87F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule Of Intangible Assets By Segment Table [Table Text Block] </link:label>
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<link:label id="lab_bk_ScheduleOfIntangibleAssetsByMajorClassTableTextBlock_6D1D70482BF1AAAB779E952C8C749958_terseLabel_en-US" xlink:label="lab_bk_ScheduleOfIntangibleAssetsByMajorClassTableTextBlock_50F49D4B51AB564295A164F92D9A996A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Breakdown of Intangible Assets by Type </link:label>
<link:label id="lab_bk_ScheduleOfIntangibleAssetsByMajorClassTableTextBlock_6D1D70482BF1AAAB779E952C8C749958_label_en-US" xlink:label="lab_bk_ScheduleOfIntangibleAssetsByMajorClassTableTextBlock_50F49D4B51AB564295A164F92D9A996A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule Of Intangible Assets By Major Class [Table Text Block] </link:label>
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<link:label id="lab_us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock_2F6D505FCC4E902C2C94952C8C74C3AD_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock_A663DDBB99ED5D82A42C36262AEF7D40" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Estimated Annual Amortization Expense </link:label>
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<link:label id="lab_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock_5060E8FDA2B66484799048135C4BF7DE_label_en-US" xlink:label="lab_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock_5060E8FDA2B66484799048135C4BF7DE" 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>
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<link:label id="lab_us-gaap_SignificantAccountingPoliciesTextBlock_64A06C5EFEFE53802B9668EF83146211_verboseLabel_en-US" xlink:label="lab_us-gaap_SignificantAccountingPoliciesTextBlock_64A06C5EFEFE53802B9668EF83146211" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Summary of significant accounting and reporting polices </link:label>
<link:label id="lab_us-gaap_SignificantAccountingPoliciesTextBlock_64A06C5EFEFE53802B9668EF83146211_label_en-US" xlink:label="lab_us-gaap_SignificantAccountingPoliciesTextBlock_64A06C5EFEFE53802B9668EF83146211" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Significant Accounting Policies [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SignificantAccountingPoliciesTextBlock" xlink:label="loc_us-gaap_SignificantAccountingPoliciesTextBlock_64A06C5EFEFE53802B9668EF83146211" xlink:type="locator"/>
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<link:label id="lab_us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember_B8B5F586E644D725EA969597167DCF26_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember_8326A867D9E35782B6092A2AD568CD8B" 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_B8B5F586E644D725EA969597167DCF26_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember_8326A867D9E35782B6092A2AD568CD8B" 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_bk_OtherAssetsAndLiabilitiesNetMember_568785F49096A01FD3C595971680E085_terseLabel_en-US" xlink:label="lab_bk_OtherAssetsAndLiabilitiesNetMember_55CC7C998CB959EE8863299918A6ACBC" 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_568785F49096A01FD3C595971680E085_label_en-US" xlink:label="lab_bk_OtherAssetsAndLiabilitiesNetMember_55CC7C998CB959EE8863299918A6ACBC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Assets And Liabilities Net [Member] </link:label>
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<link:loc xlink:href="bk-20161231.xsd#bk_OtherAssetsAndLiabilitiesNetMember" xlink:label="loc_bk_OtherAssetsAndLiabilitiesNetMember_55CC7C998CB959EE8863299918A6ACBC" xlink:type="locator"/>
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<link:label id="lab_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_5032E66164553977FA94959716804299_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_3A17EF2BA1E55D8CBB18F123848CC691" 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_5032E66164553977FA94959716804299_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_3A17EF2BA1E55D8CBB18F123848CC691" 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>
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<link:label id="lab_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountLiabilities_DB680C7FF28D31C6DF34959716808A4A_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountLiabilities_0AE928773A74549E8069C52DE4BD0811" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Liabilities </link:label>
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<link:label id="lab_us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock_1DB89DCED6E697985A89959715E29368_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock_65954925468654C1B16655684830A5AB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Components of Other Comprehensive Income (Loss) </link:label>
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<link:label id="lab_us-gaap_DebtInstrumentTable_5812A1CD488148BCC76677E04DAA70AB_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentTable_5812A1CD488148BCC76677E04DAA70AB" 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>
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<link:label id="lab_us-gaap_DebtInstrumentAxis_EB9EA1F9D2C23EF04EAF77E04DAA8070_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentAxis_EB9EA1F9D2C23EF04EAF77E04DAA8070" 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_EB9EA1F9D2C23EF04EAF77E04DAA8070_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentAxis_EB9EA1F9D2C23EF04EAF77E04DAA8070" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="loc_us-gaap_DebtInstrumentAxis_EB9EA1F9D2C23EF04EAF77E04DAA8070" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentAxis_EB9EA1F9D2C23EF04EAF77E04DAA8070" xlink:to="lab_us-gaap_DebtInstrumentAxis_EB9EA1F9D2C23EF04EAF77E04DAA8070" xlink:type="arc"/>
<link:label id="lab_us-gaap_DebtInstrumentNameDomain_93054A0F6C9418A9C7EE77E04DAA03D0_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentNameDomain_93054A0F6C9418A9C7EE77E04DAA03D0" 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_93054A0F6C9418A9C7EE77E04DAA03D0_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentNameDomain_93054A0F6C9418A9C7EE77E04DAA03D0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument, Name [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="loc_us-gaap_DebtInstrumentNameDomain_93054A0F6C9418A9C7EE77E04DAA03D0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentNameDomain_93054A0F6C9418A9C7EE77E04DAA03D0" xlink:to="lab_us-gaap_DebtInstrumentNameDomain_93054A0F6C9418A9C7EE77E04DAA03D0" xlink:type="arc"/>
<link:label id="lab_bk_FixedRateSeniorNotesMember_C7BC6986A23BFA44AEF577E04DAA1944_terseLabel_en-US" xlink:label="lab_bk_FixedRateSeniorNotesMember_C7BC6986A23BFA44AEF577E04DAA1944" 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_C7BC6986A23BFA44AEF577E04DAA1944_label_en-US" xlink:label="lab_bk_FixedRateSeniorNotesMember_C7BC6986A23BFA44AEF577E04DAA1944" 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_C7BC6986A23BFA44AEF577E04DAA1944_documentation_en-US" xlink:label="lab_bk_FixedRateSeniorNotesMember_C7BC6986A23BFA44AEF577E04DAA1944" 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-20161231.xsd#bk_FixedRateSeniorNotesMember" xlink:label="loc_bk_FixedRateSeniorNotesMember_C7BC6986A23BFA44AEF577E04DAA1944" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_FixedRateSeniorNotesMember_C7BC6986A23BFA44AEF577E04DAA1944" xlink:to="lab_bk_FixedRateSeniorNotesMember_C7BC6986A23BFA44AEF577E04DAA1944" xlink:type="arc"/>
<link:label id="lab_bk_FloatingRateSeniorNotesMember_E93F1CFD6B2B14204A9377E04DABA10D_terseLabel_en-US" xlink:label="lab_bk_FloatingRateSeniorNotesMember_E93F1CFD6B2B14204A9377E04DABA10D" 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_E93F1CFD6B2B14204A9377E04DABA10D_label_en-US" xlink:label="lab_bk_FloatingRateSeniorNotesMember_E93F1CFD6B2B14204A9377E04DABA10D" 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_E93F1CFD6B2B14204A9377E04DABA10D_documentation_en-US" xlink:label="lab_bk_FloatingRateSeniorNotesMember_E93F1CFD6B2B14204A9377E04DABA10D" 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-20161231.xsd#bk_FloatingRateSeniorNotesMember" xlink:label="loc_bk_FloatingRateSeniorNotesMember_E93F1CFD6B2B14204A9377E04DABA10D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_FloatingRateSeniorNotesMember_E93F1CFD6B2B14204A9377E04DABA10D" xlink:to="lab_bk_FloatingRateSeniorNotesMember_E93F1CFD6B2B14204A9377E04DABA10D" xlink:type="arc"/>
<link:label id="lab_us-gaap_SubordinatedDebtMember_B1A8D472789F092EE29B77E04DAB5D91_terseLabel_en-US" xlink:label="lab_us-gaap_SubordinatedDebtMember_B1A8D472789F092EE29B77E04DAB5D91" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Qualifying subordinated debt </link:label>
<link:label id="lab_us-gaap_SubordinatedDebtMember_B1A8D472789F092EE29B77E04DAB5D91_label_en-US" xlink:label="lab_us-gaap_SubordinatedDebtMember_B1A8D472789F092EE29B77E04DAB5D91" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Subordinated Debt [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubordinatedDebtMember" xlink:label="loc_us-gaap_SubordinatedDebtMember_B1A8D472789F092EE29B77E04DAB5D91" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubordinatedDebtMember_B1A8D472789F092EE29B77E04DAB5D91" xlink:to="lab_us-gaap_SubordinatedDebtMember_B1A8D472789F092EE29B77E04DAB5D91" xlink:type="arc"/>
<link:label id="lab_us-gaap_JuniorSubordinatedDebtMember_9B79D6DADE4198FA483A77E04DAB4F81_terseLabel_en-US" xlink:label="lab_us-gaap_JuniorSubordinatedDebtMember_9B79D6DADE4198FA483A77E04DAB4F81" 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_9B79D6DADE4198FA483A77E04DAB4F81_label_en-US" xlink:label="lab_us-gaap_JuniorSubordinatedDebtMember_9B79D6DADE4198FA483A77E04DAB4F81" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Junior Subordinated Debt [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_JuniorSubordinatedDebtMember" xlink:label="loc_us-gaap_JuniorSubordinatedDebtMember_9B79D6DADE4198FA483A77E04DAB4F81" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_JuniorSubordinatedDebtMember_9B79D6DADE4198FA483A77E04DAB4F81" xlink:to="lab_us-gaap_JuniorSubordinatedDebtMember_9B79D6DADE4198FA483A77E04DAB4F81" xlink:type="arc"/>
<link:label id="lab_us-gaap_DebtInstrumentLineItems_7EEA8CA5EC5110C38D3D77E04DAB53A8_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentLineItems_7EEA8CA5EC5110C38D3D77E04DAB53A8" 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_7EEA8CA5EC5110C38D3D77E04DAB53A8_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentLineItems_7EEA8CA5EC5110C38D3D77E04DAB53A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="loc_us-gaap_DebtInstrumentLineItems_7EEA8CA5EC5110C38D3D77E04DAB53A8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentLineItems_7EEA8CA5EC5110C38D3D77E04DAB53A8" xlink:to="lab_us-gaap_DebtInstrumentLineItems_7EEA8CA5EC5110C38D3D77E04DAB53A8" xlink:type="arc"/>
<link:label id="lab_bk_DebtInstrumentInterestRateRangeMinimum_04936DD0387C7C0000B377E04DAB81E7_terseLabel_en-US" xlink:label="lab_bk_DebtInstrumentInterestRateRangeMinimum_04936DD0387C7C0000B377E04DAB81E7" 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_04936DD0387C7C0000B377E04DAB81E7_label_en-US" xlink:label="lab_bk_DebtInstrumentInterestRateRangeMinimum_04936DD0387C7C0000B377E04DAB81E7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> DebtInstrumentInterestRateRangeMinimum </link:label>
<link:label id="lab_bk_DebtInstrumentInterestRateRangeMinimum_04936DD0387C7C0000B377E04DAB81E7_documentation_en-US" xlink:label="lab_bk_DebtInstrumentInterestRateRangeMinimum_04936DD0387C7C0000B377E04DAB81E7" 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-20161231.xsd#bk_DebtInstrumentInterestRateRangeMinimum" xlink:label="loc_bk_DebtInstrumentInterestRateRangeMinimum_04936DD0387C7C0000B377E04DAB81E7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_DebtInstrumentInterestRateRangeMinimum_04936DD0387C7C0000B377E04DAB81E7" xlink:to="lab_bk_DebtInstrumentInterestRateRangeMinimum_04936DD0387C7C0000B377E04DAB81E7" xlink:type="arc"/>
<link:label id="lab_bk_DebtInstrumentInterestRateRangeMaximum_31AF150E39A57E703DEC77E04DAB13F7_terseLabel_en-US" xlink:label="lab_bk_DebtInstrumentInterestRateRangeMaximum_31AF150E39A57E703DEC77E04DAB13F7" 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_31AF150E39A57E703DEC77E04DAB13F7_label_en-US" xlink:label="lab_bk_DebtInstrumentInterestRateRangeMaximum_31AF150E39A57E703DEC77E04DAB13F7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> DebtInstrumentInterestRateRangeMaximum </link:label>
<link:label id="lab_bk_DebtInstrumentInterestRateRangeMaximum_31AF150E39A57E703DEC77E04DAB13F7_documentation_en-US" xlink:label="lab_bk_DebtInstrumentInterestRateRangeMaximum_31AF150E39A57E703DEC77E04DAB13F7" 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-20161231.xsd#bk_DebtInstrumentInterestRateRangeMaximum" xlink:label="loc_bk_DebtInstrumentInterestRateRangeMaximum_31AF150E39A57E703DEC77E04DAB13F7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_DebtInstrumentInterestRateRangeMaximum_31AF150E39A57E703DEC77E04DAB13F7" xlink:to="lab_bk_DebtInstrumentInterestRateRangeMaximum_31AF150E39A57E703DEC77E04DAB13F7" xlink:type="arc"/>
<link:label id="lab_bk_DebtInstrumentMaturityDateYearRangeStart_FF144D0E4F4FE865065277E04DAB7E2E_terseLabel_en-US" xlink:label="lab_bk_DebtInstrumentMaturityDateYearRangeStart_FF144D0E4F4FE865065277E04DAB7E2E" 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_FF144D0E4F4FE865065277E04DAB7E2E_label_en-US" xlink:label="lab_bk_DebtInstrumentMaturityDateYearRangeStart_FF144D0E4F4FE865065277E04DAB7E2E" 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_FF144D0E4F4FE865065277E04DAB7E2E_documentation_en-US" xlink:label="lab_bk_DebtInstrumentMaturityDateYearRangeStart_FF144D0E4F4FE865065277E04DAB7E2E" 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-20161231.xsd#bk_DebtInstrumentMaturityDateYearRangeStart" xlink:label="loc_bk_DebtInstrumentMaturityDateYearRangeStart_FF144D0E4F4FE865065277E04DAB7E2E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_DebtInstrumentMaturityDateYearRangeStart_FF144D0E4F4FE865065277E04DAB7E2E" xlink:to="lab_bk_DebtInstrumentMaturityDateYearRangeStart_FF144D0E4F4FE865065277E04DAB7E2E" xlink:type="arc"/>
<link:label id="lab_bk_DebtInstrumentMaturityDateYearRangeEnd_24362A61EA55F1F1553677E04DAB3528_terseLabel_en-US" xlink:label="lab_bk_DebtInstrumentMaturityDateYearRangeEnd_24362A61EA55F1F1553677E04DAB3528" 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_24362A61EA55F1F1553677E04DAB3528_label_en-US" xlink:label="lab_bk_DebtInstrumentMaturityDateYearRangeEnd_24362A61EA55F1F1553677E04DAB3528" 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_24362A61EA55F1F1553677E04DAB3528_documentation_en-US" xlink:label="lab_bk_DebtInstrumentMaturityDateYearRangeEnd_24362A61EA55F1F1553677E04DAB3528" 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-20161231.xsd#bk_DebtInstrumentMaturityDateYearRangeEnd" xlink:label="loc_bk_DebtInstrumentMaturityDateYearRangeEnd_24362A61EA55F1F1553677E04DAB3528" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_DebtInstrumentMaturityDateYearRangeEnd_24362A61EA55F1F1553677E04DAB3528" xlink:to="lab_bk_DebtInstrumentMaturityDateYearRangeEnd_24362A61EA55F1F1553677E04DAB3528" xlink:type="arc"/>
<link:label id="lab_bk_DocumentandEntityInformationAbstract_40943FF1B44808FA8C044709FB08F0B0_label_en-US" xlink:label="lab_bk_DocumentandEntityInformationAbstract_40943FF1B44808FA8C044709FB08F0B0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Documentand Entity Information [Abstract] </link:label>
<link:label id="lab_bk_DocumentandEntityInformationAbstract_40943FF1B44808FA8C044709FB08F0B0_documentation_en-US" xlink:label="lab_bk_DocumentandEntityInformationAbstract_40943FF1B44808FA8C044709FB08F0B0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Document and Entity Information [Abstract] </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_DocumentandEntityInformationAbstract" xlink:label="loc_bk_DocumentandEntityInformationAbstract_40943FF1B44808FA8C044709FB08F0B0" xlink:type="locator"/>
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<link:label id="lab_dei_DocumentType_8F682808DD91DB5167114709FB0FFC78_terseLabel_en-US" xlink:label="lab_dei_DocumentType_8F682808DD91DB5167114709FB0FFC78" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Document Type </link:label>
<link:label id="lab_dei_DocumentType_8F682808DD91DB5167114709FB0FFC78_label_en-US" xlink:label="lab_dei_DocumentType_8F682808DD91DB5167114709FB0FFC78" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Document Type </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentType" xlink:label="loc_dei_DocumentType_8F682808DD91DB5167114709FB0FFC78" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentType_8F682808DD91DB5167114709FB0FFC78" xlink:to="lab_dei_DocumentType_8F682808DD91DB5167114709FB0FFC78" xlink:type="arc"/>
<link:label id="lab_dei_AmendmentFlag_06F6E074864486CC014A4709FB13AD32_terseLabel_en-US" xlink:label="lab_dei_AmendmentFlag_06F6E074864486CC014A4709FB13AD32" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Amendment Flag </link:label>
<link:label id="lab_dei_AmendmentFlag_06F6E074864486CC014A4709FB13AD32_label_en-US" xlink:label="lab_dei_AmendmentFlag_06F6E074864486CC014A4709FB13AD32" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Amendment Flag </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_AmendmentFlag" xlink:label="loc_dei_AmendmentFlag_06F6E074864486CC014A4709FB13AD32" xlink:type="locator"/>
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<link:label id="lab_dei_DocumentPeriodEndDate_56EDB7614E586028F45D4709FB13EB3D_terseLabel_en-US" xlink:label="lab_dei_DocumentPeriodEndDate_56EDB7614E586028F45D4709FB13EB3D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Document Period End Date </link:label>
<link:label id="lab_dei_DocumentPeriodEndDate_56EDB7614E586028F45D4709FB13EB3D_label_en-US" xlink:label="lab_dei_DocumentPeriodEndDate_56EDB7614E586028F45D4709FB13EB3D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Document Period End Date </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_dei_DocumentPeriodEndDate_56EDB7614E586028F45D4709FB13EB3D" xlink:type="locator"/>
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<link:label id="lab_dei_DocumentFiscalYearFocus_A12C98E2B736BA863F0A4709FB1324B1_terseLabel_en-US" xlink:label="lab_dei_DocumentFiscalYearFocus_A12C98E2B736BA863F0A4709FB1324B1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Document Fiscal Year Focus </link:label>
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<link:label id="lab_us-gaap_SegmentReportingAbstract_862D6541BA0BA1178415974B705A494C_label_en-US" xlink:label="lab_us-gaap_SegmentReportingAbstract_60603E4A11D25BBF81A2EF0E9249C1E5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Segment Reporting [Abstract] </link:label>
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<link:label id="lab_us-gaap_FairValueHedgingMember_7C1B146BE262548FCC98BCD4F2BB0E43_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueHedgingMember_7C1B146BE262548FCC98BCD4F2BB0E43" 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_7C1B146BE262548FCC98BCD4F2BB0E43_label_en-US" xlink:label="lab_us-gaap_FairValueHedgingMember_7C1B146BE262548FCC98BCD4F2BB0E43" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Hedging [Member] </link:label>
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<link:label id="lab_us-gaap_CashFlowHedgingMember_EEA7C610891EBEE770A0BCD4F2BB1207_label_en-US" xlink:label="lab_us-gaap_CashFlowHedgingMember_EEA7C610891EBEE770A0BCD4F2BB1207" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash Flow Hedging [Member] </link:label>
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<link:label id="lab_us-gaap_NetInvestmentHedgingMember_49FD70954447171736A0BCD4F2BB31EB_label_en-US" xlink:label="lab_us-gaap_NetInvestmentHedgingMember_49FD70954447171736A0BCD4F2BB31EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Investment Hedging [Member] </link:label>
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<link:label id="lab_us-gaap_IncomeStatementLocationAxis_96E8A17005B365C06CF7BCD4F2BC037F_label_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationAxis_96E8A17005B365C06CF7BCD4F2BC037F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Statement Location [Axis] </link:label>
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<link:label id="lab_bk_InterestIncomeExpenseNetMember_39AE4DE28E55D867D106BCD4F2BC4153_terseLabel_en-US" xlink:label="lab_bk_InterestIncomeExpenseNetMember_39AE4DE28E55D867D106BCD4F2BC4153" 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_39AE4DE28E55D867D106BCD4F2BC4153_label_en-US" xlink:label="lab_bk_InterestIncomeExpenseNetMember_39AE4DE28E55D867D106BCD4F2BC4153" 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_39AE4DE28E55D867D106BCD4F2BC4153_documentation_en-US" xlink:label="lab_bk_InterestIncomeExpenseNetMember_39AE4DE28E55D867D106BCD4F2BC4153" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Interest Income (Expense), Net [Member] </link:label>
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<link:label id="lab_us-gaap_OtherIncomeMember_86E7C7DF8AC8B673FD09BCD4F2BC436C_terseLabel_en-US" xlink:label="lab_us-gaap_OtherIncomeMember_86E7C7DF8AC8B673FD09BCD4F2BC436C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other revenue </link:label>
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<link:label id="lab_us-gaap_TradingRevenueMember_A83DE5EFC5A4F2525CF9BCD4F2BC5AEC_terseLabel_en-US" xlink:label="lab_us-gaap_TradingRevenueMember_A83DE5EFC5A4F2525CF9BCD4F2BC5AEC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trading revenue </link:label>
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<link:label id="lab_bk_SalaryExpenseMember_88D39EDBE45805EAD5E2BCD4F2BC58F9_terseLabel_en-US" xlink:label="lab_bk_SalaryExpenseMember_88D39EDBE45805EAD5E2BCD4F2BC58F9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Salary expense </link:label>
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<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossLineItems_079202575BCAE7889A97BCD4F2C228B0_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossLineItems_079202575BCAE7889A97BCD4F2C228B0" 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_079202575BCAE7889A97BCD4F2C228B0_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossLineItems_079202575BCAE7889A97BCD4F2C228B0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Instruments, Gain (Loss) [Line Items] </link:label>
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<link:label id="lab_us-gaap_DerivativeGainLossOnDerivativeNet_D0651A8BF1D2DC60ADCABCD4F2C2C2F0_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeGainLossOnDerivativeNet_D0651A8BF1D2DC60ADCABCD4F2C2C2F0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gain or (loss) recognized in income on derivatives Year ended Dec. 31, </link:label>
<link:label id="lab_us-gaap_DerivativeGainLossOnDerivativeNet_D0651A8BF1D2DC60ADCABCD4F2C2C2F0_label_en-US" xlink:label="lab_us-gaap_DerivativeGainLossOnDerivativeNet_D0651A8BF1D2DC60ADCABCD4F2C2C2F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative, Gain (Loss) on Derivative, Net </link:label>
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<link:label id="lab_bk_HedgedItemsGainLossRecognizedInIncomeNet_18838190269E7EEB475DBCD4F2C22F54_terseLabel_en-US" xlink:label="lab_bk_HedgedItemsGainLossRecognizedInIncomeNet_18838190269E7EEB475DBCD4F2C22F54" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gain or (loss) recognized in hedged item Year ended Dec. 31, </link:label>
<link:label id="lab_bk_HedgedItemsGainLossRecognizedInIncomeNet_18838190269E7EEB475DBCD4F2C22F54_label_en-US" xlink:label="lab_bk_HedgedItemsGainLossRecognizedInIncomeNet_18838190269E7EEB475DBCD4F2C22F54" 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_18838190269E7EEB475DBCD4F2C22F54_documentation_en-US" xlink:label="lab_bk_HedgedItemsGainLossRecognizedInIncomeNet_18838190269E7EEB475DBCD4F2C22F54" 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>
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<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet_E25A23A23F44E34A194FBCD4F2C2DDA7_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet_E25A23A23F44E34A194FBCD4F2C2DDA7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gain or (loss) recognized in accumulated OCI on derivatives (effective portion) Year ended Dec. 31, </link:label>
<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet_E25A23A23F44E34A194FBCD4F2C2DDA7_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet_E25A23A23F44E34A194FBCD4F2C2DDA7" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet" xlink:label="loc_us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet_E25A23A23F44E34A194FBCD4F2C2DDA7" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet_FAD9D74C8C83EBC7C290BCD4F2C2CEF0_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet_FAD9D74C8C83EBC7C290BCD4F2C2CEF0" 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) Year ended Dec. 31, </link:label>
<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet_FAD9D74C8C83EBC7C290BCD4F2C2CEF0_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet_FAD9D74C8C83EBC7C290BCD4F2C2CEF0" 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>
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<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet_ED425CD07EB7696D4BE8BCD4F2C238E0_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet_ED425CD07EB7696D4BE8BCD4F2C238E0" 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) Year ended Dec. 31, </link:label>
<link:label id="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet_ED425CD07EB7696D4BE8BCD4F2C238E0_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet_ED425CD07EB7696D4BE8BCD4F2C238E0" 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>
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<link:label id="lab_us-gaap_FairValueMeasurementsNonrecurringMember_332EAC8AA91EF8D880077B6225D9C295_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsNonrecurringMember_332EAC8AA91EF8D880077B6225D9C295" 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_332EAC8AA91EF8D880077B6225D9C295_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsNonrecurringMember_332EAC8AA91EF8D880077B6225D9C295" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsNonrecurringMember" xlink:label="loc_us-gaap_FairValueMeasurementsNonrecurringMember_332EAC8AA91EF8D880077B6225D9C295" xlink:type="locator"/>
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<link:label id="lab_bk_ChangeInFairValueOfLoansMeasuredOnNonrecurringBasisBasedOnFairValueOfUnderlyingCollateral_7CAE62117E2550D0A0827B6225DA9F7E_terseLabel_en-US" xlink:label="lab_bk_ChangeInFairValueOfLoansMeasuredOnNonrecurringBasisBasedOnFairValueOfUnderlyingCollateral_7CAE62117E2550D0A0827B6225DA9F7E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in fair value of loans of underlying collateral </link:label>
<link:label id="lab_bk_ChangeInFairValueOfLoansMeasuredOnNonrecurringBasisBasedOnFairValueOfUnderlyingCollateral_7CAE62117E2550D0A0827B6225DA9F7E_label_en-US" xlink:label="lab_bk_ChangeInFairValueOfLoansMeasuredOnNonrecurringBasisBasedOnFairValueOfUnderlyingCollateral_7CAE62117E2550D0A0827B6225DA9F7E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Change In Fair Value Of Loans Measured On Nonrecurring Basis Based On Fair Value Of Underlying Collateral </link:label>
<link:label id="lab_bk_ChangeInFairValueOfLoansMeasuredOnNonrecurringBasisBasedOnFairValueOfUnderlyingCollateral_7CAE62117E2550D0A0827B6225DA9F7E_documentation_en-US" xlink:label="lab_bk_ChangeInFairValueOfLoansMeasuredOnNonrecurringBasisBasedOnFairValueOfUnderlyingCollateral_7CAE62117E2550D0A0827B6225DA9F7E" 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>
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<link:label id="lab_us-gaap_AvailableforsaleSecuritiesMember_087B5B8D27AA5C2188F4847CBEFD87D2_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableforsaleSecuritiesMember_087B5B8D27AA5C2188F4847CBEFD87D2" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableforsaleSecuritiesMember" xlink:label="loc_us-gaap_AvailableforsaleSecuritiesMember_087B5B8D27AA5C2188F4847CBEFD87D2" xlink:type="locator"/>
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<link:label id="lab_us-gaap_HeldtomaturitySecuritiesMember_CD9134022D91AE8296B3847CBEFD127C_terseLabel_en-US" xlink:label="lab_us-gaap_HeldtomaturitySecuritiesMember_CD9134022D91AE8296B3847CBEFD127C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Held-to-maturity </link:label>
<link:label id="lab_us-gaap_HeldtomaturitySecuritiesMember_CD9134022D91AE8296B3847CBEFD127C_label_en-US" xlink:label="lab_us-gaap_HeldtomaturitySecuritiesMember_CD9134022D91AE8296B3847CBEFD127C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Held-to-maturity Securities [Member] </link:label>
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<link:label id="lab_bk_GrantorTrustNonagencyResidentialMortgageBackedSecuritiesDomain_449A5F7CE0D088B8477B847CBEFEF6A3_terseLabel_en-US" xlink:label="lab_bk_GrantorTrustNonagencyResidentialMortgageBackedSecuritiesDomain_449A5F7CE0D088B8477B847CBEFEF6A3" 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_GrantorTrustNonagencyResidentialMortgageBackedSecuritiesDomain_449A5F7CE0D088B8477B847CBEFEF6A3_label_en-US" xlink:label="lab_bk_GrantorTrustNonagencyResidentialMortgageBackedSecuritiesDomain_449A5F7CE0D088B8477B847CBEFEF6A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Grantor Trust Non-agency Residential Mortgage Backed Securities [Domain] </link:label>
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<link:label id="lab_bk_SecuritiesAmortizedCost_6F2B761D4C1DB9F8D8AE847CBEFF5FAC_terseLabel_en-US" xlink:label="lab_bk_SecuritiesAmortizedCost_6F2B761D4C1DB9F8D8AE847CBEFF5FAC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Amortized cost </link:label>
<link:label id="lab_bk_SecuritiesAmortizedCost_6F2B761D4C1DB9F8D8AE847CBEFF5FAC_label_en-US" xlink:label="lab_bk_SecuritiesAmortizedCost_6F2B761D4C1DB9F8D8AE847CBEFF5FAC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Amortized Cost </link:label>
<link:label id="lab_bk_SecuritiesAmortizedCost_6F2B761D4C1DB9F8D8AE847CBEFF5FAC_documentation_en-US" xlink:label="lab_bk_SecuritiesAmortizedCost_6F2B761D4C1DB9F8D8AE847CBEFF5FAC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securities, Amortized Cost </link:label>
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<link:label id="lab_bk_SecuritiesGrossUnrealizedGains_A854A9836A08CC66E773847CBEFF76E8_label_en-US" xlink:label="lab_bk_SecuritiesGrossUnrealizedGains_A854A9836A08CC66E773847CBEFF76E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Gross Unrealized Gains </link:label>
<link:label id="lab_bk_SecuritiesGrossUnrealizedGains_A854A9836A08CC66E773847CBEFF76E8_documentation_en-US" xlink:label="lab_bk_SecuritiesGrossUnrealizedGains_A854A9836A08CC66E773847CBEFF76E8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securities, Gross Unrealized Gains </link:label>
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<link:label id="lab_bk_SecuritiesGrossUnrealizedLosses_D6230023C0BCAFB97116847CBEFFE84F_label_en-US" xlink:label="lab_bk_SecuritiesGrossUnrealizedLosses_D6230023C0BCAFB97116847CBEFFE84F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Gross Unrealized Losses </link:label>
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<link:loc xlink:href="bk-20161231.xsd#bk_SecuritiesFairValue" xlink:label="loc_bk_SecuritiesFairValue_2A7973E8D651CA5BF8E8847CBEFF521C" xlink:type="locator"/>
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<link:label id="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaletoHeldToMaturitySecuritiesGrossUnrealizedGains_7FB32A86E0825BDA9901847CBEFFED7E_label_en-US" xlink:label="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaletoHeldToMaturitySecuritiesGrossUnrealizedGains_7FB32A86E0825BDA9901847CBEFFED7E" 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>
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<link:label id="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLosses_AB5D4F00C348E65FC1FD847CBEFF3D8F_label_en-US" xlink:label="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLosses_AB5D4F00C348E65FC1FD847CBEFF3D8F" 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>
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<link:loc xlink:href="bk-20161231.xsd#bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLosses" xlink:label="loc_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLosses_AB5D4F00C348E65FC1FD847CBEFF3D8F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_012B11E40B179E0A498371CECC1B3102_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_012B11E40B179E0A498371CECC1B3102" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets by Major Class [Axis] </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_012B11E40B179E0A498371CECC1B3102" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_9A0F1FBDBCBE27B946B771CECC1B7D6D_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_9A0F1FBDBCBE27B946B771CECC1B7D6D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets, Major Class Name [Domain] </link:label>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_9A0F1FBDBCBE27B946B771CECC1B7D6D_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_9A0F1FBDBCBE27B946B771CECC1B7D6D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets, Major Class Name [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_9A0F1FBDBCBE27B946B771CECC1B7D6D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CustomerRelationshipsMember_0B540F74B910E72A022671CECC1CB256_terseLabel_en-US" xlink:label="lab_us-gaap_CustomerRelationshipsMember_0B540F74B910E72A022671CECC1CB256" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Customer relationships </link:label>
<link:label id="lab_us-gaap_CustomerRelationshipsMember_0B540F74B910E72A022671CECC1CB256_label_en-US" xlink:label="lab_us-gaap_CustomerRelationshipsMember_0B540F74B910E72A022671CECC1CB256" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Customer Relationships [Member] </link:label>
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<link:label id="lab_us-gaap_CustomerContractsMember_D37752B4ADE7575A4CBF71CECC1CB596_terseLabel_en-US" xlink:label="lab_us-gaap_CustomerContractsMember_D37752B4ADE7575A4CBF71CECC1CB596" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Customer contracts—Investment Services </link:label>
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<link:label id="lab_us-gaap_OtherIntangibleAssetsMember_F8B72B6F44E3D353367171CECC1C0F68_terseLabel_en-US" xlink:label="lab_us-gaap_OtherIntangibleAssetsMember_F8B72B6F44E3D353367171CECC1C0F68" 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_us-gaap_FairValueByAssetClassAxis_675AF282A29C3423084C71CECC1C2EC7_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByAssetClassAxis_675AF282A29C3423084C71CECC1C2EC7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Asset Class [Axis] </link:label>
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<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsMember_79BB7B119910CE9779D971CECC1C320C_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsMember_79BB7B119910CE9779D971CECC1C320C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Finite-lived Intangible Assets </link:label>
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<link:label id="lab_us-gaap_IndefinitelivedIntangibleAssetsMember_AD1A603278EA4C8E530E71CECC1CFF5D_terseLabel_en-US" xlink:label="lab_us-gaap_IndefinitelivedIntangibleAssetsMember_AD1A603278EA4C8E530E71CECC1CFF5D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Indefinite-lived Intangible Assets </link:label>
<link:label id="lab_us-gaap_IndefinitelivedIntangibleAssetsMember_AD1A603278EA4C8E530E71CECC1CFF5D_label_en-US" xlink:label="lab_us-gaap_IndefinitelivedIntangibleAssetsMember_AD1A603278EA4C8E530E71CECC1CFF5D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Indefinite-lived Intangible Assets [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IndefinitelivedIntangibleAssetsMember" xlink:label="loc_us-gaap_IndefinitelivedIntangibleAssetsMember_AD1A603278EA4C8E530E71CECC1CFF5D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IndefinitelivedIntangibleAssetsMember_AD1A603278EA4C8E530E71CECC1CFF5D" xlink:to="lab_us-gaap_IndefinitelivedIntangibleAssetsMember_AD1A603278EA4C8E530E71CECC1CFF5D" xlink:type="arc"/>
<link:label id="lab_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis_153AEBF528E649AB9ECF71CECC1CFB73_terseLabel_en-US" xlink:label="lab_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis_153AEBF528E649AB9ECF71CECC1CFB73" 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_153AEBF528E649AB9ECF71CECC1CFB73_label_en-US" xlink:label="lab_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis_153AEBF528E649AB9ECF71CECC1CFB73" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis" xlink:label="loc_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis_153AEBF528E649AB9ECF71CECC1CFB73" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis_153AEBF528E649AB9ECF71CECC1CFB73" xlink:to="lab_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis_153AEBF528E649AB9ECF71CECC1CFB73" xlink:type="arc"/>
<link:label id="lab_us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain_668824C96E9D5633EB9471CECC1CAE9B_terseLabel_en-US" xlink:label="lab_us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain_668824C96E9D5633EB9471CECC1CAE9B" 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_668824C96E9D5633EB9471CECC1CAE9B_label_en-US" xlink:label="lab_us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain_668824C96E9D5633EB9471CECC1CAE9B" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain" xlink:label="loc_us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain_668824C96E9D5633EB9471CECC1CAE9B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain_668824C96E9D5633EB9471CECC1CAE9B" xlink:to="lab_us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain_668824C96E9D5633EB9471CECC1CAE9B" xlink:type="arc"/>
<link:label id="lab_us-gaap_TradeNamesMember_CFE3AE79EE5E3AB6748771CECC1C37FB_terseLabel_en-US" xlink:label="lab_us-gaap_TradeNamesMember_CFE3AE79EE5E3AB6748771CECC1C37FB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trade name </link:label>
<link:label id="lab_us-gaap_TradeNamesMember_CFE3AE79EE5E3AB6748771CECC1C37FB_label_en-US" xlink:label="lab_us-gaap_TradeNamesMember_CFE3AE79EE5E3AB6748771CECC1C37FB" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradeNamesMember" xlink:label="loc_us-gaap_TradeNamesMember_CFE3AE79EE5E3AB6748771CECC1C37FB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TradeNamesMember_CFE3AE79EE5E3AB6748771CECC1C37FB" xlink:to="lab_us-gaap_TradeNamesMember_CFE3AE79EE5E3AB6748771CECC1C37FB" xlink:type="arc"/>
<link:label id="lab_us-gaap_WeightedAverageMember_0BD0B444FACEC2F4BD4E71CECC1DDCFB_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageMember_0BD0B444FACEC2F4BD4E71CECC1DDCFB" 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_0BD0B444FACEC2F4BD4E71CECC1DDCFB_label_en-US" xlink:label="lab_us-gaap_WeightedAverageMember_0BD0B444FACEC2F4BD4E71CECC1DDCFB" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageMember" xlink:label="loc_us-gaap_WeightedAverageMember_0BD0B444FACEC2F4BD4E71CECC1DDCFB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageMember_0BD0B444FACEC2F4BD4E71CECC1DDCFB" xlink:to="lab_us-gaap_WeightedAverageMember_0BD0B444FACEC2F4BD4E71CECC1DDCFB" xlink:type="arc"/>
<link:label id="lab_us-gaap_IntangibleAssetsGrossExcludingGoodwill_94BBF0CD6D8F8EDB0EF071CECC1D99D0_terseLabel_en-US" xlink:label="lab_us-gaap_IntangibleAssetsGrossExcludingGoodwill_94BBF0CD6D8F8EDB0EF071CECC1D99D0" 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_94BBF0CD6D8F8EDB0EF071CECC1D99D0_label_en-US" xlink:label="lab_us-gaap_IntangibleAssetsGrossExcludingGoodwill_94BBF0CD6D8F8EDB0EF071CECC1D99D0" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IntangibleAssetsGrossExcludingGoodwill" xlink:label="loc_us-gaap_IntangibleAssetsGrossExcludingGoodwill_94BBF0CD6D8F8EDB0EF071CECC1D99D0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IntangibleAssetsGrossExcludingGoodwill_94BBF0CD6D8F8EDB0EF071CECC1D99D0" xlink:to="lab_us-gaap_IntangibleAssetsGrossExcludingGoodwill_94BBF0CD6D8F8EDB0EF071CECC1D99D0" xlink:type="arc"/>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_CCF93F04A6B58DF7294371CECC1DA010_negatedLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_CCF93F04A6B58DF7294371CECC1DA010" 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_CCF93F04A6B58DF7294371CECC1DA010_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_CCF93F04A6B58DF7294371CECC1DA010" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_CCF93F04A6B58DF7294371CECC1DA010" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_F01C40E5B43E7437743271CECC1D29D8_totalLabel_en-US" xlink:label="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_F01C40E5B43E7437743271CECC1D29D8" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IntangibleAssetsNetExcludingGoodwill" xlink:label="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_F01C40E5B43E7437743271CECC1D29D8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetUsefulLife_E12686BF54DC175B825F71CECC1D8776_verboseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetUsefulLife_E12686BF54DC175B825F71CECC1D8776" 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_E12686BF54DC175B825F71CECC1D8776_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetUsefulLife_E12686BF54DC175B825F71CECC1D8776" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetUsefulLife" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetUsefulLife_E12686BF54DC175B825F71CECC1D8776" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StatementOfStockholdersEquityAbstract_492386C9B91A68EEEC6F40595DEAB9E6_label_en-US" xlink:label="lab_us-gaap_StatementOfStockholdersEquityAbstract_492386C9B91A68EEEC6F40595DEAB9E6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Statement of Stockholders' Equity [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfStockholdersEquityAbstract" xlink:label="loc_us-gaap_StatementOfStockholdersEquityAbstract_492386C9B91A68EEEC6F40595DEAB9E6" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StatementTable_7838CCCBE0EDD533FC8340595DEA8009_terseLabel_en-US" xlink:label="lab_us-gaap_StatementTable_7838CCCBE0EDD533FC8340595DEA8009" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Statement [Table] </link:label>
<link:label id="lab_us-gaap_StatementTable_7838CCCBE0EDD533FC8340595DEA8009_label_en-US" xlink:label="lab_us-gaap_StatementTable_7838CCCBE0EDD533FC8340595DEA8009" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Statement [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaap_StatementTable_7838CCCBE0EDD533FC8340595DEA8009" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StatementEquityComponentsAxis_E0CF8E5C0CF01A3ECDF540595DEA8D69_terseLabel_en-US" xlink:label="lab_us-gaap_StatementEquityComponentsAxis_E0CF8E5C0CF01A3ECDF540595DEA8D69" 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_E0CF8E5C0CF01A3ECDF540595DEA8D69_label_en-US" xlink:label="lab_us-gaap_StatementEquityComponentsAxis_E0CF8E5C0CF01A3ECDF540595DEA8D69" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="loc_us-gaap_StatementEquityComponentsAxis_E0CF8E5C0CF01A3ECDF540595DEA8D69" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EquityComponentDomain_98E7C270650016E80A3440595DEA2789_terseLabel_en-US" xlink:label="lab_us-gaap_EquityComponentDomain_98E7C270650016E80A3440595DEA2789" 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_98E7C270650016E80A3440595DEA2789_label_en-US" xlink:label="lab_us-gaap_EquityComponentDomain_98E7C270650016E80A3440595DEA2789" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="loc_us-gaap_EquityComponentDomain_98E7C270650016E80A3440595DEA2789" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PreferredStockMember_1242B8231AEB296365F540595DEA42B3_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockMember_1242B8231AEB296365F540595DEA42B3" 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_1242B8231AEB296365F540595DEA42B3_label_en-US" xlink:label="lab_us-gaap_PreferredStockMember_1242B8231AEB296365F540595DEA42B3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock [Member] </link:label>
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<link:label id="lab_us-gaap_CommonStockMember_F1F84214E41DBF85A97440595DEAF674_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockMember_F1F84214E41DBF85A97440595DEAF674" 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_F1F84214E41DBF85A97440595DEAF674_label_en-US" xlink:label="lab_us-gaap_CommonStockMember_F1F84214E41DBF85A97440595DEAF674" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockMember" xlink:label="loc_us-gaap_CommonStockMember_F1F84214E41DBF85A97440595DEAF674" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AdditionalPaidInCapitalMember_1A91A8966E33F5F6609E40595DEA25BD_terseLabel_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapitalMember_1A91A8966E33F5F6609E40595DEA25BD" 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_1A91A8966E33F5F6609E40595DEA25BD_label_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapitalMember_1A91A8966E33F5F6609E40595DEA25BD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Additional Paid-in Capital [Member] </link:label>
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<link:label id="lab_us-gaap_RetainedEarningsMember_C8723201D94A8A827E1640595DEBC2FC_terseLabel_en-US" xlink:label="lab_us-gaap_RetainedEarningsMember_C8723201D94A8A827E1640595DEBC2FC" 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_C8723201D94A8A827E1640595DEBC2FC_label_en-US" xlink:label="lab_us-gaap_RetainedEarningsMember_C8723201D94A8A827E1640595DEBC2FC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Retained Earnings [Member] </link:label>
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<link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_9420F9F8C5A854A7684C40595DEBA094_verboseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_9420F9F8C5A854A7684C40595DEBA094" 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_9420F9F8C5A854A7684C40595DEBA094_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_9420F9F8C5A854A7684C40595DEBA094" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> AOCI Attributable to Parent [Member] </link:label>
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<link:label id="lab_us-gaap_TreasuryStockMember_76B2B0F4D13AB2EB007840595DEB9725_terseLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockMember_76B2B0F4D13AB2EB007840595DEB9725" 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_76B2B0F4D13AB2EB007840595DEB9725_label_en-US" xlink:label="lab_us-gaap_TreasuryStockMember_76B2B0F4D13AB2EB007840595DEB9725" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Treasury Stock [Member] </link:label>
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<link:label id="lab_bk_NoncontrollingInterestInConsolidatedEntityMember_EC44F00C976AB139E62240595DEBB1E1_terseLabel_en-US" xlink:label="lab_bk_NoncontrollingInterestInConsolidatedEntityMember_EC44F00C976AB139E62240595DEBB1E1" 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_EC44F00C976AB139E62240595DEBB1E1_label_en-US" xlink:label="lab_bk_NoncontrollingInterestInConsolidatedEntityMember_EC44F00C976AB139E62240595DEBB1E1" 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_EC44F00C976AB139E62240595DEBB1E1_documentation_en-US" xlink:label="lab_bk_NoncontrollingInterestInConsolidatedEntityMember_EC44F00C976AB139E62240595DEBB1E1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Noncontrolling Interest In Consolidated Entity </link:label>
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<link:label id="lab_bk_TemporaryEquityRedeemableNoncontrollingInterestsMember_754EDAA2492D246E853840595DEB9A2B_terseLabel_en-US" xlink:label="lab_bk_TemporaryEquityRedeemableNoncontrollingInterestsMember_754EDAA2492D246E853840595DEB9A2B" 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_754EDAA2492D246E853840595DEB9A2B_label_en-US" xlink:label="lab_bk_TemporaryEquityRedeemableNoncontrollingInterestsMember_754EDAA2492D246E853840595DEB9A2B" 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_754EDAA2492D246E853840595DEB9A2B_documentation_en-US" xlink:label="lab_bk_TemporaryEquityRedeemableNoncontrollingInterestsMember_754EDAA2492D246E853840595DEB9A2B" 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-20161231.xsd#bk_TemporaryEquityRedeemableNoncontrollingInterestsMember" xlink:label="loc_bk_TemporaryEquityRedeemableNoncontrollingInterestsMember_754EDAA2492D246E853840595DEB9A2B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_2E297BAF73161E76F11640595DEB607C_terseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_2E297BAF73161E76F11640595DEB607C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Adjustments for New Accounting Pronouncements [Axis] </link:label>
<link:label id="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_2E297BAF73161E76F11640595DEB607C_label_en-US" xlink:label="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_2E297BAF73161E76F11640595DEB607C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Adjustments for New Accounting Pronouncements [Axis] </link:label>
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<link:label id="lab_us-gaap_TypeOfAdoptionMember_E85CD6E294613317753D40595DEBA41A_terseLabel_en-US" xlink:label="lab_us-gaap_TypeOfAdoptionMember_E85CD6E294613317753D40595DEBA41A" 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_E85CD6E294613317753D40595DEBA41A_label_en-US" xlink:label="lab_us-gaap_TypeOfAdoptionMember_E85CD6E294613317753D40595DEBA41A" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TypeOfAdoptionMember" xlink:label="loc_us-gaap_TypeOfAdoptionMember_E85CD6E294613317753D40595DEBA41A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CumulativeEffectAdjustmentConsolidationOfVariableInterestEntityMember_784B3D4C1DCE74E4D9CE40595DEB2C13_terseLabel_en-US" xlink:label="lab_us-gaap_CumulativeEffectAdjustmentConsolidationOfVariableInterestEntityMember_784B3D4C1DCE74E4D9CE40595DEB2C13" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cumulative-Effect Adjustment, Consolidation of Variable Interest Entity </link:label>
<link:label id="lab_us-gaap_CumulativeEffectAdjustmentConsolidationOfVariableInterestEntityMember_784B3D4C1DCE74E4D9CE40595DEB2C13_label_en-US" xlink:label="lab_us-gaap_CumulativeEffectAdjustmentConsolidationOfVariableInterestEntityMember_784B3D4C1DCE74E4D9CE40595DEB2C13" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CumulativeEffectAdjustmentConsolidationOfVariableInterestEntityMember" xlink:label="loc_us-gaap_CumulativeEffectAdjustmentConsolidationOfVariableInterestEntityMember_784B3D4C1DCE74E4D9CE40595DEB2C13" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CumulativeEffectAdjustmentConsolidationOfVariableInterestEntityMember_784B3D4C1DCE74E4D9CE40595DEB2C13" xlink:to="lab_us-gaap_CumulativeEffectAdjustmentConsolidationOfVariableInterestEntityMember_784B3D4C1DCE74E4D9CE40595DEB2C13" xlink:type="arc"/>
<link:label id="lab_us-gaap_CumulativeEffectAdjustmentDeconsolidationOfVariableInterestEntityMember_0CD8F2A6E79F59A2F6A140595DEB7ACE_terseLabel_en-US" xlink:label="lab_us-gaap_CumulativeEffectAdjustmentDeconsolidationOfVariableInterestEntityMember_0CD8F2A6E79F59A2F6A140595DEB7ACE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cumulative-Effect Adjustment, Deconsolidation of Variable Interest Entity </link:label>
<link:label id="lab_us-gaap_CumulativeEffectAdjustmentDeconsolidationOfVariableInterestEntityMember_0CD8F2A6E79F59A2F6A140595DEB7ACE_label_en-US" xlink:label="lab_us-gaap_CumulativeEffectAdjustmentDeconsolidationOfVariableInterestEntityMember_0CD8F2A6E79F59A2F6A140595DEB7ACE" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CumulativeEffectAdjustmentDeconsolidationOfVariableInterestEntityMember" xlink:label="loc_us-gaap_CumulativeEffectAdjustmentDeconsolidationOfVariableInterestEntityMember_0CD8F2A6E79F59A2F6A140595DEB7ACE" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StatementLineItems_FBB8A6C4566F6427DD9840595DEB36A6_terseLabel_en-US" xlink:label="lab_us-gaap_StatementLineItems_FBB8A6C4566F6427DD9840595DEB36A6" 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_FBB8A6C4566F6427DD9840595DEB36A6_label_en-US" xlink:label="lab_us-gaap_StatementLineItems_FBB8A6C4566F6427DD9840595DEB36A6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Statement [Line Items] </link:label>
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<link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_4B90E7C2101FDAA45D8B40595DEC92C1_periodStartLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_4B90E7C2101FDAA45D8B40595DEC92C1" 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_4B90E7C2101FDAA45D8B40595DEC92C1_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_4B90E7C2101FDAA45D8B40595DEC92C1" 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>
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<link:label id="lab_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_AF9E2FEA9552444DDAEA40595DEBF9D6_terseLabel_en-US" xlink:label="lab_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_AF9E2FEA9552444DDAEA40595DEBF9D6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Adjustment for the cumulative effect of applying ASU 2015-02 </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInStockholdersEquityRollForward" xlink:label="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_4C3DAEACF4550698DC7A40595DEC1996" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance_0CD364D4458F458781FA40595DEC115F_terseLabel_en-US" xlink:label="lab_us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance_0CD364D4458F458781FA40595DEC115F" 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_0CD364D4458F458781FA40595DEC115F_label_en-US" xlink:label="lab_us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance_0CD364D4458F458781FA40595DEC115F" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance" xlink:label="loc_us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance_0CD364D4458F458781FA40595DEC115F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance_0CD364D4458F458781FA40595DEC115F" xlink:to="lab_us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance_0CD364D4458F458781FA40595DEC115F" xlink:type="arc"/>
<link:label id="lab_us-gaap_MinorityInterestDecreaseFromRedemptions_4E7872AEF3494B7157C140595DEC2A1C_negatedLabel_en-US" xlink:label="lab_us-gaap_MinorityInterestDecreaseFromRedemptions_4E7872AEF3494B7157C140595DEC2A1C" 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_4E7872AEF3494B7157C140595DEC2A1C_label_en-US" xlink:label="lab_us-gaap_MinorityInterestDecreaseFromRedemptions_4E7872AEF3494B7157C140595DEC2A1C" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinorityInterestDecreaseFromRedemptions" xlink:label="loc_us-gaap_MinorityInterestDecreaseFromRedemptions_4E7872AEF3494B7157C140595DEC2A1C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinorityInterestDecreaseFromRedemptions_4E7872AEF3494B7157C140595DEC2A1C" xlink:to="lab_us-gaap_MinorityInterestDecreaseFromRedemptions_4E7872AEF3494B7157C140595DEC2A1C" xlink:type="arc"/>
<link:label id="lab_us-gaap_MinorityInterestPeriodIncreaseDecrease_BEF8EFBE58F1592BA66940595DEC1CEE_terseLabel_en-US" xlink:label="lab_us-gaap_MinorityInterestPeriodIncreaseDecrease_BEF8EFBE58F1592BA66940595DEC1CEE" 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_BEF8EFBE58F1592BA66940595DEC1CEE_label_en-US" xlink:label="lab_us-gaap_MinorityInterestPeriodIncreaseDecrease_BEF8EFBE58F1592BA66940595DEC1CEE" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinorityInterestPeriodIncreaseDecrease" xlink:label="loc_us-gaap_MinorityInterestPeriodIncreaseDecrease_BEF8EFBE58F1592BA66940595DEC1CEE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinorityInterestPeriodIncreaseDecrease_BEF8EFBE58F1592BA66940595DEC1CEE" xlink:to="lab_us-gaap_MinorityInterestPeriodIncreaseDecrease_BEF8EFBE58F1592BA66940595DEC1CEE" xlink:type="arc"/>
<link:label id="lab_bk_EquityProfitLoss_6EFFFDAC0D00CFB8A86740595DECE15C_terseLabel_en-US" xlink:label="lab_bk_EquityProfitLoss_6EFFFDAC0D00CFB8A86740595DECE15C" 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_6EFFFDAC0D00CFB8A86740595DECE15C_label_en-US" xlink:label="lab_bk_EquityProfitLoss_6EFFFDAC0D00CFB8A86740595DECE15C" 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_6EFFFDAC0D00CFB8A86740595DECE15C_documentation_en-US" xlink:label="lab_bk_EquityProfitLoss_6EFFFDAC0D00CFB8A86740595DECE15C" 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-20161231.xsd#bk_EquityProfitLoss" xlink:label="loc_bk_EquityProfitLoss_6EFFFDAC0D00CFB8A86740595DECE15C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_EquityProfitLoss_6EFFFDAC0D00CFB8A86740595DECE15C" xlink:to="lab_bk_EquityProfitLoss_6EFFFDAC0D00CFB8A86740595DECE15C" xlink:type="arc"/>
<link:label id="lab_bk_OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_8EC1182F97B9F9B52E5340595DECAAB4_terseLabel_en-US" xlink:label="lab_bk_OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_8EC1182F97B9F9B52E5340595DECAAB4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other comprehensive (loss) </link:label>
<link:label id="lab_bk_OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_8EC1182F97B9F9B52E5340595DECAAB4_label_en-US" xlink:label="lab_bk_OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_8EC1182F97B9F9B52E5340595DECAAB4" 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_8EC1182F97B9F9B52E5340595DECAAB4_documentation_en-US" xlink:label="lab_bk_OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_8EC1182F97B9F9B52E5340595DECAAB4" 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-20161231.xsd#bk_OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_bk_OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_8EC1182F97B9F9B52E5340595DECAAB4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_8EC1182F97B9F9B52E5340595DECAAB4" xlink:to="lab_bk_OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_8EC1182F97B9F9B52E5340595DECAAB4" xlink:type="arc"/>
<link:label id="lab_us-gaap_DividendsAbstract_09BBDE771FBC884B831640595DECAE07_terseLabel_en-US" xlink:label="lab_us-gaap_DividendsAbstract_09BBDE771FBC884B831640595DECAE07" 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_09BBDE771FBC884B831640595DECAE07_label_en-US" xlink:label="lab_us-gaap_DividendsAbstract_09BBDE771FBC884B831640595DECAE07" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Dividends [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DividendsAbstract" xlink:label="loc_us-gaap_DividendsAbstract_09BBDE771FBC884B831640595DECAE07" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsAbstract_09BBDE771FBC884B831640595DECAE07" xlink:to="lab_us-gaap_DividendsAbstract_09BBDE771FBC884B831640595DECAE07" xlink:type="arc"/>
<link:label id="lab_us-gaap_DividendsCommonStock_574A3102F7CA4B7F3E8240595DED96DD_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DividendsCommonStock_574A3102F7CA4B7F3E8240595DED96DD" 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_574A3102F7CA4B7F3E8240595DED96DD_label_en-US" xlink:label="lab_us-gaap_DividendsCommonStock_574A3102F7CA4B7F3E8240595DED96DD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Dividends, Common Stock </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DividendsCommonStock" xlink:label="loc_us-gaap_DividendsCommonStock_574A3102F7CA4B7F3E8240595DED96DD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsCommonStock_574A3102F7CA4B7F3E8240595DED96DD" xlink:to="lab_us-gaap_DividendsCommonStock_574A3102F7CA4B7F3E8240595DED96DD" xlink:type="arc"/>
<link:label id="lab_us-gaap_DividendsPreferredStock_64A1F9930ECF8B0E069140595DED8274_negatedLabel_en-US" xlink:label="lab_us-gaap_DividendsPreferredStock_64A1F9930ECF8B0E069140595DED8274" 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_64A1F9930ECF8B0E069140595DED8274_label_en-US" xlink:label="lab_us-gaap_DividendsPreferredStock_64A1F9930ECF8B0E069140595DED8274" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Dividends, Preferred Stock </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DividendsPreferredStock" xlink:label="loc_us-gaap_DividendsPreferredStock_64A1F9930ECF8B0E069140595DED8274" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsPreferredStock_64A1F9930ECF8B0E069140595DED8274" xlink:to="lab_us-gaap_DividendsPreferredStock_64A1F9930ECF8B0E069140595DED8274" xlink:type="arc"/>
<link:label id="lab_us-gaap_TreasuryStockValueAcquiredCostMethod_1E347B879F33F84ED5C440595DEDD25F_negatedLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockValueAcquiredCostMethod_1E347B879F33F84ED5C440595DEDD25F" 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_1E347B879F33F84ED5C440595DEDD25F_label_en-US" xlink:label="lab_us-gaap_TreasuryStockValueAcquiredCostMethod_1E347B879F33F84ED5C440595DEDD25F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Treasury Stock, Value, Acquired, Cost Method </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockValueAcquiredCostMethod" xlink:label="loc_us-gaap_TreasuryStockValueAcquiredCostMethod_1E347B879F33F84ED5C440595DEDD25F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TreasuryStockValueAcquiredCostMethod_1E347B879F33F84ED5C440595DEDD25F" xlink:to="lab_us-gaap_TreasuryStockValueAcquiredCostMethod_1E347B879F33F84ED5C440595DEDD25F" xlink:type="arc"/>
<link:label id="lab_us-gaap_DividendsCommonStockAbstract_45EC2A97E4A360E086E440595DEDDBFA_terseLabel_en-US" xlink:label="lab_us-gaap_DividendsCommonStockAbstract_45EC2A97E4A360E086E440595DEDDBFA" 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_45EC2A97E4A360E086E440595DEDDBFA_label_en-US" xlink:label="lab_us-gaap_DividendsCommonStockAbstract_45EC2A97E4A360E086E440595DEDDBFA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Dividends, Common Stock [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DividendsCommonStockAbstract" xlink:label="loc_us-gaap_DividendsCommonStockAbstract_45EC2A97E4A360E086E440595DEDDBFA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsCommonStockAbstract_45EC2A97E4A360E086E440595DEDDBFA" xlink:to="lab_us-gaap_DividendsCommonStockAbstract_45EC2A97E4A360E086E440595DEDDBFA" xlink:type="arc"/>
<link:label id="lab_us-gaap_StockIssuedDuringPeriodValueEmployeeBenefitPlan_7C5FF1B527E3F790C02140595DEDE23D_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueEmployeeBenefitPlan_7C5FF1B527E3F790C02140595DEDE23D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Employee benefit plans </link:label>
<link:label id="lab_us-gaap_StockIssuedDuringPeriodValueEmployeeBenefitPlan_7C5FF1B527E3F790C02140595DEDE23D_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueEmployeeBenefitPlan_7C5FF1B527E3F790C02140595DEDE23D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Issued During Period, Value, Employee Benefit Plan </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueEmployeeBenefitPlan" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueEmployeeBenefitPlan_7C5FF1B527E3F790C02140595DEDE23D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueEmployeeBenefitPlan_7C5FF1B527E3F790C02140595DEDE23D" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueEmployeeBenefitPlan_7C5FF1B527E3F790C02140595DEDE23D" xlink:type="arc"/>
<link:label id="lab_bk_StockIssuedDuringPeriodValueDividendReinvestmentAndEmployeeStockPurchasePlan_9D8CDB48ECEF7980D9AC40595DED4CCD_terseLabel_en-US" xlink:label="lab_bk_StockIssuedDuringPeriodValueDividendReinvestmentAndEmployeeStockPurchasePlan_9D8CDB48ECEF7980D9AC40595DED4CCD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Direct stock purchase and dividend reinvestment plan </link:label>
<link:label id="lab_bk_StockIssuedDuringPeriodValueDividendReinvestmentAndEmployeeStockPurchasePlan_9D8CDB48ECEF7980D9AC40595DED4CCD_label_en-US" xlink:label="lab_bk_StockIssuedDuringPeriodValueDividendReinvestmentAndEmployeeStockPurchasePlan_9D8CDB48ECEF7980D9AC40595DED4CCD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Issued During Period Value Dividend Reinvestment And Employee Stock Purchase Plan </link:label>
<link:label id="lab_bk_StockIssuedDuringPeriodValueDividendReinvestmentAndEmployeeStockPurchasePlan_9D8CDB48ECEF7980D9AC40595DED4CCD_documentation_en-US" xlink:label="lab_bk_StockIssuedDuringPeriodValueDividendReinvestmentAndEmployeeStockPurchasePlan_9D8CDB48ECEF7980D9AC40595DED4CCD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Value of stock issued as a result of dividend reinvestment and employee stock purchase plan recorded above par value. </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_StockIssuedDuringPeriodValueDividendReinvestmentAndEmployeeStockPurchasePlan" xlink:label="loc_bk_StockIssuedDuringPeriodValueDividendReinvestmentAndEmployeeStockPurchasePlan_9D8CDB48ECEF7980D9AC40595DED4CCD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_StockIssuedDuringPeriodValueDividendReinvestmentAndEmployeeStockPurchasePlan_9D8CDB48ECEF7980D9AC40595DED4CCD" xlink:to="lab_bk_StockIssuedDuringPeriodValueDividendReinvestmentAndEmployeeStockPurchasePlan_9D8CDB48ECEF7980D9AC40595DED4CCD" xlink:type="arc"/>
<link:label id="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_069814DB1519584290E340595DED21CB_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_069814DB1519584290E340595DED21CB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock issued </link:label>
<link:label id="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_069814DB1519584290E340595DED21CB_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_069814DB1519584290E340595DED21CB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Issued During Period, Value, New Issues </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueNewIssues_069814DB1519584290E340595DED21CB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueNewIssues_069814DB1519584290E340595DED21CB" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_069814DB1519584290E340595DED21CB" xlink:type="arc"/>
<link:label id="lab_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_C1355ABB2C28FD7E794940595DEDE392_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_C1355ABB2C28FD7E794940595DEDE392" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stock awards and options exercised </link:label>
<link:label id="lab_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_C1355ABB2C28FD7E794940595DEDE392_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_C1355ABB2C28FD7E794940595DEDE392" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Issued During Period, Value, Stock Options Exercised </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_C1355ABB2C28FD7E794940595DEDE392" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_1082B228011951FB55BB40595DEED49F_periodEndLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_1082B228011951FB55BB40595DEED49F" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_1082B228011951FB55BB40595DEED49F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PledgedAssetsNotSeparatelyReportedOnStatementOfFinancialPosition_112C9155BBAE9352636D686A240A07E2_terseLabel_en-US" xlink:label="lab_us-gaap_PledgedAssetsNotSeparatelyReportedOnStatementOfFinancialPosition_112C9155BBAE9352636D686A240A07E2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pledged assets </link:label>
<link:label id="lab_us-gaap_PledgedAssetsNotSeparatelyReportedOnStatementOfFinancialPosition_112C9155BBAE9352636D686A240A07E2_label_en-US" xlink:label="lab_us-gaap_PledgedAssetsNotSeparatelyReportedOnStatementOfFinancialPosition_112C9155BBAE9352636D686A240A07E2" 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 </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PledgedAssetsNotSeparatelyReportedOnStatementOfFinancialPosition" xlink:label="loc_us-gaap_PledgedAssetsNotSeparatelyReportedOnStatementOfFinancialPosition_112C9155BBAE9352636D686A240A07E2" xlink:type="locator"/>
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<link:label id="lab_bk_PledgedAssetsOtherNotSeparatelyReportedonStatementofFinancialPositionPotentialBorrowingsattheFederalReserveDiscountWindow_0A5E7E7FA6B222BEF1C0686A240A704F_terseLabel_en-US" xlink:label="lab_bk_PledgedAssetsOtherNotSeparatelyReportedonStatementofFinancialPositionPotentialBorrowingsattheFederalReserveDiscountWindow_0A5E7E7FA6B222BEF1C0686A240A704F" 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_0A5E7E7FA6B222BEF1C0686A240A704F_label_en-US" xlink:label="lab_bk_PledgedAssetsOtherNotSeparatelyReportedonStatementofFinancialPositionPotentialBorrowingsattheFederalReserveDiscountWindow_0A5E7E7FA6B222BEF1C0686A240A704F" 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_0A5E7E7FA6B222BEF1C0686A240A704F_documentation_en-US" xlink:label="lab_bk_PledgedAssetsOtherNotSeparatelyReportedonStatementofFinancialPositionPotentialBorrowingsattheFederalReserveDiscountWindow_0A5E7E7FA6B222BEF1C0686A240A704F" 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-20161231.xsd#bk_PledgedAssetsOtherNotSeparatelyReportedonStatementofFinancialPositionPotentialBorrowingsattheFederalReserveDiscountWindow" xlink:label="loc_bk_PledgedAssetsOtherNotSeparatelyReportedonStatementofFinancialPositionPotentialBorrowingsattheFederalReserveDiscountWindow_0A5E7E7FA6B222BEF1C0686A240A704F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_PledgedAssetsOtherNotSeparatelyReportedonStatementofFinancialPositionPotentialBorrowingsattheFederalReserveDiscountWindow_0A5E7E7FA6B222BEF1C0686A240A704F" xlink:to="lab_bk_PledgedAssetsOtherNotSeparatelyReportedonStatementofFinancialPositionPotentialBorrowingsattheFederalReserveDiscountWindow_0A5E7E7FA6B222BEF1C0686A240A704F" xlink:type="arc"/>
<link:label id="lab_us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged_9C7CD2A8C4D84BD876E7686A240A4855_terseLabel_en-US" xlink:label="lab_us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged_9C7CD2A8C4D84BD876E7686A240A4855" 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_9C7CD2A8C4D84BD876E7686A240A4855_label_en-US" xlink:label="lab_us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged_9C7CD2A8C4D84BD876E7686A240A4855" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged" xlink:label="loc_us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged_9C7CD2A8C4D84BD876E7686A240A4855" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged_9C7CD2A8C4D84BD876E7686A240A4855" xlink:to="lab_us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged_9C7CD2A8C4D84BD876E7686A240A4855" xlink:type="arc"/>
<link:label id="lab_us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedLoansReceivablePledgedAsCollateral_8B0DC9DC42291398C5EA686A240B60D1_terseLabel_en-US" xlink:label="lab_us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedLoansReceivablePledgedAsCollateral_8B0DC9DC42291398C5EA686A240B60D1" 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_8B0DC9DC42291398C5EA686A240B60D1_label_en-US" xlink:label="lab_us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedLoansReceivablePledgedAsCollateral_8B0DC9DC42291398C5EA686A240B60D1" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedLoansReceivablePledgedAsCollateral" xlink:label="loc_us-gaap_PledgedFinancialInstrumentsNotSeparatelyReportedLoansReceivablePledgedAsCollateral_8B0DC9DC42291398C5EA686A240B60D1" xlink:type="locator"/>
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<link:label id="lab_bk_PledgedAssetsNotSeparatelyReportedOtherAssetsPledgedAsCollateral_F8BEC21C12EBB2025654686A240B082F_terseLabel_en-US" xlink:label="lab_bk_PledgedAssetsNotSeparatelyReportedOtherAssetsPledgedAsCollateral_F8BEC21C12EBB2025654686A240B082F" 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_F8BEC21C12EBB2025654686A240B082F_label_en-US" xlink:label="lab_bk_PledgedAssetsNotSeparatelyReportedOtherAssetsPledgedAsCollateral_F8BEC21C12EBB2025654686A240B082F" 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_F8BEC21C12EBB2025654686A240B082F_documentation_en-US" xlink:label="lab_bk_PledgedAssetsNotSeparatelyReportedOtherAssetsPledgedAsCollateral_F8BEC21C12EBB2025654686A240B082F" 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-20161231.xsd#bk_PledgedAssetsNotSeparatelyReportedOtherAssetsPledgedAsCollateral" xlink:label="loc_bk_PledgedAssetsNotSeparatelyReportedOtherAssetsPledgedAsCollateral_F8BEC21C12EBB2025654686A240B082F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_PledgedAssetsNotSeparatelyReportedOtherAssetsPledgedAsCollateral_F8BEC21C12EBB2025654686A240B082F" xlink:to="lab_bk_PledgedAssetsNotSeparatelyReportedOtherAssetsPledgedAsCollateral_F8BEC21C12EBB2025654686A240B082F" xlink:type="arc"/>
<link:label id="lab_bk_PledgedFinancialInstrumentsNotSeparatelyReportedTradeAssetsPledgedasCollateral_443ACE18CBD9E8E44230686A240BFC0E_terseLabel_en-US" xlink:label="lab_bk_PledgedFinancialInstrumentsNotSeparatelyReportedTradeAssetsPledgedasCollateral_443ACE18CBD9E8E44230686A240BFC0E" 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_443ACE18CBD9E8E44230686A240BFC0E_label_en-US" xlink:label="lab_bk_PledgedFinancialInstrumentsNotSeparatelyReportedTradeAssetsPledgedasCollateral_443ACE18CBD9E8E44230686A240BFC0E" 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_443ACE18CBD9E8E44230686A240BFC0E_documentation_en-US" xlink:label="lab_bk_PledgedFinancialInstrumentsNotSeparatelyReportedTradeAssetsPledgedasCollateral_443ACE18CBD9E8E44230686A240BFC0E" 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-20161231.xsd#bk_PledgedFinancialInstrumentsNotSeparatelyReportedTradeAssetsPledgedasCollateral" xlink:label="loc_bk_PledgedFinancialInstrumentsNotSeparatelyReportedTradeAssetsPledgedasCollateral_443ACE18CBD9E8E44230686A240BFC0E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CustomerSecuritiesForWhichEntityHasRightToSellOrRepledgeFairValue_D66AAD8C280BF89FDE1C686A240B2482_terseLabel_en-US" xlink:label="lab_us-gaap_CustomerSecuritiesForWhichEntityHasRightToSellOrRepledgeFairValue_D66AAD8C280BF89FDE1C686A240B2482" 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_D66AAD8C280BF89FDE1C686A240B2482_label_en-US" xlink:label="lab_us-gaap_CustomerSecuritiesForWhichEntityHasRightToSellOrRepledgeFairValue_D66AAD8C280BF89FDE1C686A240B2482" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CustomerSecuritiesForWhichEntityHasRightToSellOrRepledgeFairValue" xlink:label="loc_us-gaap_CustomerSecuritiesForWhichEntityHasRightToSellOrRepledgeFairValue_D66AAD8C280BF89FDE1C686A240B2482" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CustomerSecuritiesForWhichEntityHasRightToSellOrRepledgeFairValue_D66AAD8C280BF89FDE1C686A240B2482" xlink:to="lab_us-gaap_CustomerSecuritiesForWhichEntityHasRightToSellOrRepledgeFairValue_D66AAD8C280BF89FDE1C686A240B2482" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged_F76FBF1CF23D2182E4BA686A240BD825_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged_F76FBF1CF23D2182E4BA686A240BD825" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Market value of securities that can be sold or repledged </link:label>
<link:label id="lab_us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged_F76FBF1CF23D2182E4BA686A240BD825_label_en-US" xlink:label="lab_us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged_F76FBF1CF23D2182E4BA686A240BD825" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value of Securities Received as Collateral that Can be Resold or Repledged </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged" xlink:label="loc_us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged_F76FBF1CF23D2182E4BA686A240BD825" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatHaveBeenResoldOrRepledged_A5C0FA1BB1047BF6CD5E686A240B30AA_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatHaveBeenResoldOrRepledged_A5C0FA1BB1047BF6CD5E686A240B30AA" 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_A5C0FA1BB1047BF6CD5E686A240B30AA_label_en-US" xlink:label="lab_us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatHaveBeenResoldOrRepledged_A5C0FA1BB1047BF6CD5E686A240B30AA" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatHaveBeenResoldOrRepledged" xlink:label="loc_us-gaap_FairValueOfSecuritiesReceivedAsCollateralThatHaveBeenResoldOrRepledged_A5C0FA1BB1047BF6CD5E686A240B30AA" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CashSegregatedUnderOtherRegulations_1AAADFFA083B83684160686A240BC753_terseLabel_en-US" xlink:label="lab_us-gaap_CashSegregatedUnderOtherRegulations_1AAADFFA083B83684160686A240BC753" 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_1AAADFFA083B83684160686A240BC753_label_en-US" xlink:label="lab_us-gaap_CashSegregatedUnderOtherRegulations_1AAADFFA083B83684160686A240BC753" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashSegregatedUnderOtherRegulations" xlink:label="loc_us-gaap_CashSegregatedUnderOtherRegulations_1AAADFFA083B83684160686A240BC753" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SecuritiesSegregatedUnderOtherRegulations_6146451AA4A9AB761476686A240BD896_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesSegregatedUnderOtherRegulations_6146451AA4A9AB761476686A240BD896" 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_6146451AA4A9AB761476686A240BD896_label_en-US" xlink:label="lab_us-gaap_SecuritiesSegregatedUnderOtherRegulations_6146451AA4A9AB761476686A240BD896" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Segregated under Other Regulations </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuritiesSegregatedUnderOtherRegulations" xlink:label="loc_us-gaap_SecuritiesSegregatedUnderOtherRegulations_6146451AA4A9AB761476686A240BD896" xlink:type="locator"/>
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<link:label id="lab_bk_MellonCapitalIVMember_50BAE5C44CADFB02897177E04D9B0758_terseLabel_en-US" xlink:label="lab_bk_MellonCapitalIVMember_50BAE5C44CADFB02897177E04D9B0758" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Mellon Capital I V </link:label>
<link:label id="lab_bk_MellonCapitalIVMember_50BAE5C44CADFB02897177E04D9B0758_label_en-US" xlink:label="lab_bk_MellonCapitalIVMember_50BAE5C44CADFB02897177E04D9B0758" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Mellon Capital I V [Member] </link:label>
<link:label id="lab_bk_MellonCapitalIVMember_50BAE5C44CADFB02897177E04D9B0758_documentation_en-US" xlink:label="lab_bk_MellonCapitalIVMember_50BAE5C44CADFB02897177E04D9B0758" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> MEL Capital IV </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_MellonCapitalIVMember" xlink:label="loc_bk_MellonCapitalIVMember_50BAE5C44CADFB02897177E04D9B0758" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_MellonCapitalIVMember_50BAE5C44CADFB02897177E04D9B0758" xlink:to="lab_bk_MellonCapitalIVMember_50BAE5C44CADFB02897177E04D9B0758" xlink:type="arc"/>
<link:label id="lab_us-gaap_StatementClassOfStockAxis_954830953BE472D4F00077E04D9B62D5_terseLabel_en-US" xlink:label="lab_us-gaap_StatementClassOfStockAxis_954830953BE472D4F00077E04D9B62D5" 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_954830953BE472D4F00077E04D9B62D5_label_en-US" xlink:label="lab_us-gaap_StatementClassOfStockAxis_954830953BE472D4F00077E04D9B62D5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Class of Stock [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="loc_us-gaap_StatementClassOfStockAxis_954830953BE472D4F00077E04D9B62D5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementClassOfStockAxis_954830953BE472D4F00077E04D9B62D5" xlink:to="lab_us-gaap_StatementClassOfStockAxis_954830953BE472D4F00077E04D9B62D5" xlink:type="arc"/>
<link:label id="lab_us-gaap_ClassOfStockDomain_27A91FE8D146A68FE09177E04D9B22A1_terseLabel_en-US" xlink:label="lab_us-gaap_ClassOfStockDomain_27A91FE8D146A68FE09177E04D9B22A1" 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_27A91FE8D146A68FE09177E04D9B22A1_label_en-US" xlink:label="lab_us-gaap_ClassOfStockDomain_27A91FE8D146A68FE09177E04D9B22A1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Class of Stock [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="loc_us-gaap_ClassOfStockDomain_27A91FE8D146A68FE09177E04D9B22A1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ClassOfStockDomain_27A91FE8D146A68FE09177E04D9B22A1" xlink:to="lab_us-gaap_ClassOfStockDomain_27A91FE8D146A68FE09177E04D9B22A1" xlink:type="arc"/>
<link:label id="lab_us-gaap_SeriesAPreferredStockMember_7E8C0048EF9226277F5077E04D9BAB28_verboseLabel_en-US" xlink:label="lab_us-gaap_SeriesAPreferredStockMember_7E8C0048EF9226277F5077E04D9BAB28" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Series A Preferred Stock </link:label>
<link:label id="lab_us-gaap_SeriesAPreferredStockMember_7E8C0048EF9226277F5077E04D9BAB28_label_en-US" xlink:label="lab_us-gaap_SeriesAPreferredStockMember_7E8C0048EF9226277F5077E04D9BAB28" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Series A Preferred Stock [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SeriesAPreferredStockMember" xlink:label="loc_us-gaap_SeriesAPreferredStockMember_7E8C0048EF9226277F5077E04D9BAB28" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SeriesAPreferredStockMember_7E8C0048EF9226277F5077E04D9BAB28" xlink:to="lab_us-gaap_SeriesAPreferredStockMember_7E8C0048EF9226277F5077E04D9BAB28" xlink:type="arc"/>
<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_ACB5F8137F6583B3CBB277E04D9B4D86_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_ACB5F8137F6583B3CBB277E04D9B4D86" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Notes and debentures that mature in 2017 </link:label>
<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_ACB5F8137F6583B3CBB277E04D9B4D86_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_ACB5F8137F6583B3CBB277E04D9B4D86" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_ACB5F8137F6583B3CBB277E04D9B4D86" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_ACB5F8137F6583B3CBB277E04D9B4D86" xlink:to="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_ACB5F8137F6583B3CBB277E04D9B4D86" xlink:type="arc"/>
<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_F00FA220D76A19D6267F77E04D9B9449_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_F00FA220D76A19D6267F77E04D9B9449" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Notes and debentures that mature in 2018 </link:label>
<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_F00FA220D76A19D6267F77E04D9B9449_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_F00FA220D76A19D6267F77E04D9B9449" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Maturities, Repayments of Principal in Year Two </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_F00FA220D76A19D6267F77E04D9B9449" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_F00FA220D76A19D6267F77E04D9B9449" xlink:to="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_F00FA220D76A19D6267F77E04D9B9449" xlink:type="arc"/>
<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_7D4353C97D8CBBB62CEF77E04D9B46BC_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_7D4353C97D8CBBB62CEF77E04D9B46BC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Notes and debentures that mature in 2019 </link:label>
<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_7D4353C97D8CBBB62CEF77E04D9B46BC_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_7D4353C97D8CBBB62CEF77E04D9B46BC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Maturities, Repayments of Principal in Year Three </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_7D4353C97D8CBBB62CEF77E04D9B46BC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_7D4353C97D8CBBB62CEF77E04D9B46BC" xlink:to="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_7D4353C97D8CBBB62CEF77E04D9B46BC" xlink:type="arc"/>
<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_2096ECBE75127B4759D877E04D9BB749_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_2096ECBE75127B4759D877E04D9BB749" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Notes and debentures that mature in 2020 </link:label>
<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_2096ECBE75127B4759D877E04D9BB749_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_2096ECBE75127B4759D877E04D9BB749" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Maturities, Repayments of Principal in Year Four </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_2096ECBE75127B4759D877E04D9BB749" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_2096ECBE75127B4759D877E04D9BB749" xlink:to="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_2096ECBE75127B4759D877E04D9BB749" xlink:type="arc"/>
<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_317DBF61281DF905A4F577E04D9C0F4A_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_317DBF61281DF905A4F577E04D9C0F4A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Notes and debentures that mature in 2021 </link:label>
<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_317DBF61281DF905A4F577E04D9C0F4A_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_317DBF61281DF905A4F577E04D9C0F4A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Maturities, Repayments of Principal in Year Five </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_317DBF61281DF905A4F577E04D9C0F4A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_317DBF61281DF905A4F577E04D9C0F4A" xlink:to="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_317DBF61281DF905A4F577E04D9C0F4A" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockValue_7F690DFE43A0EC7384FF781C289271BB_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockValue_7F690DFE43A0EC7384FF781C289271BB" 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_7F690DFE43A0EC7384FF781C289271BB_label_en-US" xlink:label="lab_us-gaap_PreferredStockValue_7F690DFE43A0EC7384FF781C289271BB" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="loc_us-gaap_PreferredStockValue_7F690DFE43A0EC7384FF781C289271BB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockValue_7F690DFE43A0EC7384FF781C289271BB" xlink:to="lab_us-gaap_PreferredStockValue_7F690DFE43A0EC7384FF781C289271BB" xlink:type="arc"/>
<link:label id="lab_bk_FairValueMeasurementInputsTextBlock_5BE94521672E9234033B963656121F28_terseLabel_en-US" xlink:label="lab_bk_FairValueMeasurementInputsTextBlock_66AFA3D647FB5D24896F89952E31ED67" 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_5BE94521672E9234033B963656121F28_label_en-US" xlink:label="lab_bk_FairValueMeasurementInputsTextBlock_66AFA3D647FB5D24896F89952E31ED67" 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_5BE94521672E9234033B963656121F28_documentation_en-US" xlink:label="lab_bk_FairValueMeasurementInputsTextBlock_66AFA3D647FB5D24896F89952E31ED67" 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-20161231.xsd#bk_FairValueMeasurementInputsTextBlock" xlink:label="loc_bk_FairValueMeasurementInputsTextBlock_66AFA3D647FB5D24896F89952E31ED67" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_FairValueMeasurementInputsTextBlock_66AFA3D647FB5D24896F89952E31ED67" xlink:to="lab_bk_FairValueMeasurementInputsTextBlock_66AFA3D647FB5D24896F89952E31ED67" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueOptionTextBlock_6853F49397917897DBD796B7FF7BCF9D_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueOptionTextBlock_4C77544B832A57EB8A6EB5881988C8F7" 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_6853F49397917897DBD796B7FF7BCF9D_label_en-US" xlink:label="lab_us-gaap_FairValueOptionTextBlock_4C77544B832A57EB8A6EB5881988C8F7" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOptionTextBlock" xlink:label="loc_us-gaap_FairValueOptionTextBlock_4C77544B832A57EB8A6EB5881988C8F7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueOptionTextBlock_4C77544B832A57EB8A6EB5881988C8F7" xlink:to="lab_us-gaap_FairValueOptionTextBlock_4C77544B832A57EB8A6EB5881988C8F7" xlink:type="arc"/>
<link:label id="lab_us-gaap_CommercialBorrowerMember_8B39BB0147F59FCD115E81AF66BF4E3F_terseLabel_en-US" xlink:label="lab_us-gaap_CommercialBorrowerMember_8B39BB0147F59FCD115E81AF66BF4E3F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Commercial Borrower [Member] </link:label>
<link:label id="lab_us-gaap_CommercialBorrowerMember_8B39BB0147F59FCD115E81AF66BF4E3F_label_en-US" xlink:label="lab_us-gaap_CommercialBorrowerMember_8B39BB0147F59FCD115E81AF66BF4E3F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commercial Borrower [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommercialBorrowerMember" xlink:label="loc_us-gaap_CommercialBorrowerMember_8B39BB0147F59FCD115E81AF66BF4E3F" xlink:type="locator"/>
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<link:label id="lab_bk_LoansIndividuallyLessThanOneMillionMember_544AAC93B64A77875BF681AF66C0ABD3_terseLabel_en-US" xlink:label="lab_bk_LoansIndividuallyLessThanOneMillionMember_544AAC93B64A77875BF681AF66C0ABD3" 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_544AAC93B64A77875BF681AF66C0ABD3_label_en-US" xlink:label="lab_bk_LoansIndividuallyLessThanOneMillionMember_544AAC93B64A77875BF681AF66C0ABD3" 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_544AAC93B64A77875BF681AF66C0ABD3_documentation_en-US" xlink:label="lab_bk_LoansIndividuallyLessThanOneMillionMember_544AAC93B64A77875BF681AF66C0ABD3" 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-20161231.xsd#bk_LoansIndividuallyLessThanOneMillionMember" xlink:label="loc_bk_LoansIndividuallyLessThanOneMillionMember_544AAC93B64A77875BF681AF66C0ABD3" xlink:type="locator"/>
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<link:label id="lab_us-gaap_MaximumMember_1E9770F0335FE79FC07681AF66C04191_terseLabel_en-US" xlink:label="lab_us-gaap_MaximumMember_1E9770F0335FE79FC07681AF66C04191" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Maximum </link:label>
<link:label id="lab_us-gaap_MaximumMember_1E9770F0335FE79FC07681AF66C04191_label_en-US" xlink:label="lab_us-gaap_MaximumMember_1E9770F0335FE79FC07681AF66C04191" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Maximum [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MaximumMember" xlink:label="loc_us-gaap_MaximumMember_1E9770F0335FE79FC07681AF66C04191" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_3B634E18FFEFC647C68C81AF66C002BD_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_3B634E18FFEFC647C68C81AF66C002BD" 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_3B634E18FFEFC647C68C81AF66C002BD_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_3B634E18FFEFC647C68C81AF66C002BD" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment" xlink:label="loc_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_3B634E18FFEFC647C68C81AF66C002BD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_3B634E18FFEFC647C68C81AF66C002BD" xlink:to="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment_3B634E18FFEFC647C68C81AF66C002BD" xlink:type="arc"/>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment_3522A96A16E7F36FC11281AF66C065B8_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment_3522A96A16E7F36FC11281AF66C065B8" 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_3522A96A16E7F36FC11281AF66C065B8_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment_3522A96A16E7F36FC11281AF66C065B8" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment" xlink:label="loc_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment_3522A96A16E7F36FC11281AF66C065B8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment_3522A96A16E7F36FC11281AF66C065B8" xlink:to="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment_3522A96A16E7F36FC11281AF66C065B8" xlink:type="arc"/>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableAverageRecordedInvestment_E43BA93EA4FE2A21952E81AF66C0FC16_totalLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableAverageRecordedInvestment_E43BA93EA4FE2A21952E81AF66C0FC16" 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_E43BA93EA4FE2A21952E81AF66C0FC16_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableAverageRecordedInvestment_E43BA93EA4FE2A21952E81AF66C0FC16" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ImpairedFinancingReceivableAverageRecordedInvestment" xlink:label="loc_us-gaap_ImpairedFinancingReceivableAverageRecordedInvestment_E43BA93EA4FE2A21952E81AF66C0FC16" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableAverageRecordedInvestment_E43BA93EA4FE2A21952E81AF66C0FC16" xlink:to="lab_us-gaap_ImpairedFinancingReceivableAverageRecordedInvestment_E43BA93EA4FE2A21952E81AF66C0FC16" xlink:type="arc"/>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_3ADD0CCEFD02DF007FF581AF66C049B1_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_3ADD0CCEFD02DF007FF581AF66C049B1" 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_3ADD0CCEFD02DF007FF581AF66C049B1_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_3ADD0CCEFD02DF007FF581AF66C049B1" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod" xlink:label="loc_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_3ADD0CCEFD02DF007FF581AF66C049B1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_3ADD0CCEFD02DF007FF581AF66C049B1" xlink:to="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod_3ADD0CCEFD02DF007FF581AF66C049B1" xlink:type="arc"/>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod_948202A5269A1ED0591E81AF66C05BEA_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod_948202A5269A1ED0591E81AF66C05BEA" 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_948202A5269A1ED0591E81AF66C05BEA_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod_948202A5269A1ED0591E81AF66C05BEA" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod" xlink:label="loc_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod_948202A5269A1ED0591E81AF66C05BEA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod_948202A5269A1ED0591E81AF66C05BEA" xlink:to="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod_948202A5269A1ED0591E81AF66C05BEA" xlink:type="arc"/>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableInterestIncomeAccrualMethod_34416A2009339FFB2C8E81AF66C1537C_totalLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableInterestIncomeAccrualMethod_34416A2009339FFB2C8E81AF66C1537C" 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_34416A2009339FFB2C8E81AF66C1537C_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableInterestIncomeAccrualMethod_34416A2009339FFB2C8E81AF66C1537C" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ImpairedFinancingReceivableInterestIncomeAccrualMethod" xlink:label="loc_us-gaap_ImpairedFinancingReceivableInterestIncomeAccrualMethod_34416A2009339FFB2C8E81AF66C1537C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableInterestIncomeAccrualMethod_34416A2009339FFB2C8E81AF66C1537C" xlink:to="lab_us-gaap_ImpairedFinancingReceivableInterestIncomeAccrualMethod_34416A2009339FFB2C8E81AF66C1537C" xlink:type="arc"/>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_AEFA00544846EAAD858F81AF66C13DAA_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_AEFA00544846EAAD858F81AF66C13DAA" 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_AEFA00544846EAAD858F81AF66C13DAA_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_AEFA00544846EAAD858F81AF66C13DAA" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment" xlink:label="loc_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_AEFA00544846EAAD858F81AF66C13DAA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_AEFA00544846EAAD858F81AF66C13DAA" xlink:to="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment_AEFA00544846EAAD858F81AF66C13DAA" xlink:type="arc"/>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment_9E3BFC2741693DF23B5981AF66C1D270_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment_9E3BFC2741693DF23B5981AF66C1D270" 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_9E3BFC2741693DF23B5981AF66C1D270_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment_9E3BFC2741693DF23B5981AF66C1D270" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment" xlink:label="loc_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment_9E3BFC2741693DF23B5981AF66C1D270" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment_9E3BFC2741693DF23B5981AF66C1D270" xlink:to="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment_9E3BFC2741693DF23B5981AF66C1D270" xlink:type="arc"/>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableRecordedInvestment_2A074B3360CFEC9B674181C295E3B46D_totalLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableRecordedInvestment_2A074B3360CFEC9B674181C295E3B46D" 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_2A074B3360CFEC9B674181C295E3B46D_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableRecordedInvestment_2A074B3360CFEC9B674181C295E3B46D" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ImpairedFinancingReceivableRecordedInvestment" xlink:label="loc_us-gaap_ImpairedFinancingReceivableRecordedInvestment_2A074B3360CFEC9B674181C295E3B46D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableRecordedInvestment_2A074B3360CFEC9B674181C295E3B46D" xlink:to="lab_us-gaap_ImpairedFinancingReceivableRecordedInvestment_2A074B3360CFEC9B674181C295E3B46D" xlink:type="arc"/>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_EA045F7D2C4CF1F9D9D081AF66C17730_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_EA045F7D2C4CF1F9D9D081AF66C17730" 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_EA045F7D2C4CF1F9D9D081AF66C17730_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_EA045F7D2C4CF1F9D9D081AF66C17730" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance" xlink:label="loc_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_EA045F7D2C4CF1F9D9D081AF66C17730" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_EA045F7D2C4CF1F9D9D081AF66C17730" xlink:to="lab_us-gaap_ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance_EA045F7D2C4CF1F9D9D081AF66C17730" xlink:type="arc"/>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance_03ED593A086CA1F2055681AF66C1ED49_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance_03ED593A086CA1F2055681AF66C1ED49" 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_03ED593A086CA1F2055681AF66C1ED49_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance_03ED593A086CA1F2055681AF66C1ED49" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance" xlink:label="loc_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance_03ED593A086CA1F2055681AF66C1ED49" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance_03ED593A086CA1F2055681AF66C1ED49" xlink:to="lab_us-gaap_ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance_03ED593A086CA1F2055681AF66C1ED49" xlink:type="arc"/>
<link:label id="lab_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_B999249BE916F06DB8E081AF66C145AF_totalLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_B999249BE916F06DB8E081AF66C145AF" 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_B999249BE916F06DB8E081AF66C145AF_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_B999249BE916F06DB8E081AF66C145AF" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance" xlink:label="loc_us-gaap_ImpairedFinancingReceivableUnpaidPrincipalBalance_B999249BE916F06DB8E081AF66C145AF" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ImpairedFinancingReceivableRelatedAllowance_8D15088566895ECE334381AF66C1A1C3_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableRelatedAllowance_8D15088566895ECE334381AF66C1A1C3" 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_8D15088566895ECE334381AF66C1A1C3_label_en-US" xlink:label="lab_us-gaap_ImpairedFinancingReceivableRelatedAllowance_8D15088566895ECE334381AF66C1A1C3" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ImpairedFinancingReceivableRelatedAllowance" xlink:label="loc_us-gaap_ImpairedFinancingReceivableRelatedAllowance_8D15088566895ECE334381AF66C1A1C3" xlink:type="locator"/>
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<link:label id="lab_bk_OtherLoansMember_1CBC694E342E462AB37B57D6CA114B41_terseLabel_en-US" xlink:label="lab_bk_OtherLoansMember_829CDC09E97559CB93A97F460790AEED" 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_1CBC694E342E462AB37B57D6CA114B41_label_en-US" xlink:label="lab_bk_OtherLoansMember_829CDC09E97559CB93A97F460790AEED" 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_1CBC694E342E462AB37B57D6CA114B41_documentation_en-US" xlink:label="lab_bk_OtherLoansMember_829CDC09E97559CB93A97F460790AEED" 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-20161231.xsd#bk_OtherLoansMember" xlink:label="loc_bk_OtherLoansMember_829CDC09E97559CB93A97F460790AEED" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OtherLoansMember_829CDC09E97559CB93A97F460790AEED" xlink:to="lab_bk_OtherLoansMember_829CDC09E97559CB93A97F460790AEED" xlink:type="arc"/>
<link:label id="lab_us-gaap_DeferredRevenue_FFFC8C17AEC5A7E2DA0857D6CA11CBB8_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredRevenue_130C20AE38A8557FA841888A54BE469F" 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_FFFC8C17AEC5A7E2DA0857D6CA11CBB8_label_en-US" xlink:label="lab_us-gaap_DeferredRevenue_130C20AE38A8557FA841888A54BE469F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred Revenue </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredRevenue" xlink:label="loc_us-gaap_DeferredRevenue_130C20AE38A8557FA841888A54BE469F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredRevenue_130C20AE38A8557FA841888A54BE469F" xlink:to="lab_us-gaap_DeferredRevenue_130C20AE38A8557FA841888A54BE469F" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueOptionQuantitativeDisclosuresTable_137728748E44FAC2EE0C412E191BBABD_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueOptionQuantitativeDisclosuresTable_E70B506E891E578FB1817188FB0E084F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Option, Quantitative Disclosures [Table] </link:label>
<link:label id="lab_us-gaap_FairValueOptionQuantitativeDisclosuresTable_137728748E44FAC2EE0C412E191BBABD_label_en-US" xlink:label="lab_us-gaap_FairValueOptionQuantitativeDisclosuresTable_E70B506E891E578FB1817188FB0E084F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Option, Quantitative Disclosures [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOptionQuantitativeDisclosuresTable" xlink:label="loc_us-gaap_FairValueOptionQuantitativeDisclosuresTable_E70B506E891E578FB1817188FB0E084F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueOptionQuantitativeDisclosuresTable_E70B506E891E578FB1817188FB0E084F" xlink:to="lab_us-gaap_FairValueOptionQuantitativeDisclosuresTable_E70B506E891E578FB1817188FB0E084F" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueOptionQuantitativeDisclosuresLineItems_7F6EF5693ECE7758AF96412E191B0416_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueOptionQuantitativeDisclosuresLineItems_8D0917C662C15AE9B58044F290736766" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Option, Quantitative Disclosures [Line Items] </link:label>
<link:label id="lab_us-gaap_FairValueOptionQuantitativeDisclosuresLineItems_7F6EF5693ECE7758AF96412E191B0416_label_en-US" xlink:label="lab_us-gaap_FairValueOptionQuantitativeDisclosuresLineItems_8D0917C662C15AE9B58044F290736766" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Option, Quantitative Disclosures [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOptionQuantitativeDisclosuresLineItems" xlink:label="loc_us-gaap_FairValueOptionQuantitativeDisclosuresLineItems_8D0917C662C15AE9B58044F290736766" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueOptionQuantitativeDisclosuresLineItems_8D0917C662C15AE9B58044F290736766" xlink:to="lab_us-gaap_FairValueOptionQuantitativeDisclosuresLineItems_8D0917C662C15AE9B58044F290736766" xlink:type="arc"/>
<link:label id="lab_us-gaap_LoansReceivableHeldForSaleAmount_490848335C69F04E7879412E191BE3D9_terseLabel_en-US" xlink:label="lab_us-gaap_LoansReceivableHeldForSaleAmount_CCA31FBE0F0F5ACCB11D0AE0E6930BC6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans receivable, carrying amount </link:label>
<link:label id="lab_us-gaap_LoansReceivableHeldForSaleAmount_490848335C69F04E7879412E191BE3D9_label_en-US" xlink:label="lab_us-gaap_LoansReceivableHeldForSaleAmount_CCA31FBE0F0F5ACCB11D0AE0E6930BC6" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansReceivableHeldForSaleAmount" xlink:label="loc_us-gaap_LoansReceivableHeldForSaleAmount_CCA31FBE0F0F5ACCB11D0AE0E6930BC6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansReceivableHeldForSaleAmount_CCA31FBE0F0F5ACCB11D0AE0E6930BC6" xlink:to="lab_us-gaap_LoansReceivableHeldForSaleAmount_CCA31FBE0F0F5ACCB11D0AE0E6930BC6" xlink:type="arc"/>
<link:label id="lab_us-gaap_LoansHeldForSaleFairValueDisclosure_F4461E2D6B7811F0FE5C412E191BB58F_verboseLabel_en-US" xlink:label="lab_us-gaap_LoansHeldForSaleFairValueDisclosure_3D247265945B57ABA926D5A5549B857F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Loans, fair value </link:label>
<link:label id="lab_us-gaap_LoansHeldForSaleFairValueDisclosure_F4461E2D6B7811F0FE5C412E191BB58F_label_en-US" xlink:label="lab_us-gaap_LoansHeldForSaleFairValueDisclosure_3D247265945B57ABA926D5A5549B857F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans Held-for-sale, Fair Value Disclosure </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansHeldForSaleFairValueDisclosure" xlink:label="loc_us-gaap_LoansHeldForSaleFairValueDisclosure_3D247265945B57ABA926D5A5549B857F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansHeldForSaleFairValueDisclosure_3D247265945B57ABA926D5A5549B857F" xlink:to="lab_us-gaap_LoansHeldForSaleFairValueDisclosure_3D247265945B57ABA926D5A5549B857F" xlink:type="arc"/>
<link:label id="lab_bk_LongTermDebtCarryingAmount_4BC6B58F466D0670A4BA412E191B988C_terseLabel_en-US" xlink:label="lab_bk_LongTermDebtCarryingAmount_1B165FFE370455068BA72AA0F5FA0A57" 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_4BC6B58F466D0670A4BA412E191B988C_label_en-US" xlink:label="lab_bk_LongTermDebtCarryingAmount_1B165FFE370455068BA72AA0F5FA0A57" 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_4BC6B58F466D0670A4BA412E191B988C_documentation_en-US" xlink:label="lab_bk_LongTermDebtCarryingAmount_1B165FFE370455068BA72AA0F5FA0A57" 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-20161231.xsd#bk_LongTermDebtCarryingAmount" xlink:label="loc_bk_LongTermDebtCarryingAmount_1B165FFE370455068BA72AA0F5FA0A57" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_LongTermDebtCarryingAmount_1B165FFE370455068BA72AA0F5FA0A57" xlink:to="lab_bk_LongTermDebtCarryingAmount_1B165FFE370455068BA72AA0F5FA0A57" xlink:type="arc"/>
<link:label id="lab_us-gaap_LongTermDebtFairValue_D94D64EBB976F500B2D9412E191C6793_verboseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtFairValue_6EA161E11AB954CAB24ACB8DDCAC23D3" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtFairValue" xlink:label="loc_us-gaap_LongTermDebtFairValue_6EA161E11AB954CAB24ACB8DDCAC23D3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtFairValue_6EA161E11AB954CAB24ACB8DDCAC23D3" xlink:to="lab_us-gaap_LongTermDebtFairValue_6EA161E11AB954CAB24ACB8DDCAC23D3" xlink:type="arc"/>
<link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_8FD4397CFC299D27B75681AF653494BE_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_8FD4397CFC299D27B75681AF653494BE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_8FD4397CFC299D27B75681AF653494BE_label_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_8FD4397CFC299D27B75681AF653494BE" 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>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_8FD4397CFC299D27B75681AF653494BE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_8FD4397CFC299D27B75681AF653494BE" xlink:to="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_8FD4397CFC299D27B75681AF653494BE" xlink:type="arc"/>
<link:label id="lab_us-gaap_RestructuringChargesMember_3ADBC82DDEF4CB9ACE4C81AF653430F7_terseLabel_en-US" xlink:label="lab_us-gaap_RestructuringChargesMember_3ADBC82DDEF4CB9ACE4C81AF653430F7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Restructuring Charges </link:label>
<link:label id="lab_us-gaap_RestructuringChargesMember_3ADBC82DDEF4CB9ACE4C81AF653430F7_label_en-US" xlink:label="lab_us-gaap_RestructuringChargesMember_3ADBC82DDEF4CB9ACE4C81AF653430F7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Restructuring Charges [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RestructuringChargesMember" xlink:label="loc_us-gaap_RestructuringChargesMember_3ADBC82DDEF4CB9ACE4C81AF653430F7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestructuringChargesMember_3ADBC82DDEF4CB9ACE4C81AF653430F7" xlink:to="lab_us-gaap_RestructuringChargesMember_3ADBC82DDEF4CB9ACE4C81AF653430F7" xlink:type="arc"/>
<link:label id="lab_us-gaap_AwardTypeAxis_29038EDFDFF5FCE6688581AF653490B1_terseLabel_en-US" xlink:label="lab_us-gaap_AwardTypeAxis_29038EDFDFF5FCE6688581AF653490B1" 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_29038EDFDFF5FCE6688581AF653490B1_label_en-US" xlink:label="lab_us-gaap_AwardTypeAxis_29038EDFDFF5FCE6688581AF653490B1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Award Type [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="loc_us-gaap_AwardTypeAxis_29038EDFDFF5FCE6688581AF653490B1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AwardTypeAxis_29038EDFDFF5FCE6688581AF653490B1" xlink:to="lab_us-gaap_AwardTypeAxis_29038EDFDFF5FCE6688581AF653490B1" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_86B7F73535AD16E7CE5081AF65342AC5_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_86B7F73535AD16E7CE5081AF65342AC5" 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_86B7F73535AD16E7CE5081AF65342AC5_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_86B7F73535AD16E7CE5081AF65342AC5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity Award [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_86B7F73535AD16E7CE5081AF65342AC5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_86B7F73535AD16E7CE5081AF65342AC5" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_86B7F73535AD16E7CE5081AF65342AC5" xlink:type="arc"/>
<link:label id="lab_us-gaap_EmployeeStockOptionMember_16093AA711ED9B151D9F81AF6534C0BF_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeStockOptionMember_16093AA711ED9B151D9F81AF6534C0BF" 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_16093AA711ED9B151D9F81AF6534C0BF_label_en-US" xlink:label="lab_us-gaap_EmployeeStockOptionMember_16093AA711ED9B151D9F81AF6534C0BF" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EmployeeStockOptionMember" xlink:label="loc_us-gaap_EmployeeStockOptionMember_16093AA711ED9B151D9F81AF6534C0BF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeStockOptionMember_16093AA711ED9B151D9F81AF6534C0BF" xlink:to="lab_us-gaap_EmployeeStockOptionMember_16093AA711ED9B151D9F81AF6534C0BF" xlink:type="arc"/>
<link:label id="lab_bk_RestrictedStockAndRestrictedStockUnitsMember_D08A78A04DB7101D926781AF653422DB_terseLabel_en-US" xlink:label="lab_bk_RestrictedStockAndRestrictedStockUnitsMember_D08A78A04DB7101D926781AF653422DB" 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_D08A78A04DB7101D926781AF653422DB_label_en-US" xlink:label="lab_bk_RestrictedStockAndRestrictedStockUnitsMember_D08A78A04DB7101D926781AF653422DB" 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_D08A78A04DB7101D926781AF653422DB_documentation_en-US" xlink:label="lab_bk_RestrictedStockAndRestrictedStockUnitsMember_D08A78A04DB7101D926781AF653422DB" 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-20161231.xsd#bk_RestrictedStockAndRestrictedStockUnitsMember" xlink:label="loc_bk_RestrictedStockAndRestrictedStockUnitsMember_D08A78A04DB7101D926781AF653422DB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_RestrictedStockAndRestrictedStockUnitsMember_D08A78A04DB7101D926781AF653422DB" xlink:to="lab_bk_RestrictedStockAndRestrictedStockUnitsMember_D08A78A04DB7101D926781AF653422DB" xlink:type="arc"/>
<link:label id="lab_us-gaap_PerformanceSharesMember_D9818622BE3AD7708FD381AF653475FD_terseLabel_en-US" xlink:label="lab_us-gaap_PerformanceSharesMember_D9818622BE3AD7708FD381AF653475FD" 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_D9818622BE3AD7708FD381AF653475FD_label_en-US" xlink:label="lab_us-gaap_PerformanceSharesMember_D9818622BE3AD7708FD381AF653475FD" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PerformanceSharesMember" xlink:label="loc_us-gaap_PerformanceSharesMember_D9818622BE3AD7708FD381AF653475FD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PerformanceSharesMember_D9818622BE3AD7708FD381AF653475FD" xlink:to="lab_us-gaap_PerformanceSharesMember_D9818622BE3AD7708FD381AF653475FD" xlink:type="arc"/>
<link:label id="lab_bk_SubsidiaryLongTermIncentivePlansMember_EECD0630BAFE76B11CEE81AF65343124_terseLabel_en-US" xlink:label="lab_bk_SubsidiaryLongTermIncentivePlansMember_EECD0630BAFE76B11CEE81AF65343124" 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_EECD0630BAFE76B11CEE81AF65343124_label_en-US" xlink:label="lab_bk_SubsidiaryLongTermIncentivePlansMember_EECD0630BAFE76B11CEE81AF65343124" 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_EECD0630BAFE76B11CEE81AF65343124_documentation_en-US" xlink:label="lab_bk_SubsidiaryLongTermIncentivePlansMember_EECD0630BAFE76B11CEE81AF65343124" 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-20161231.xsd#bk_SubsidiaryLongTermIncentivePlansMember" xlink:label="loc_bk_SubsidiaryLongTermIncentivePlansMember_EECD0630BAFE76B11CEE81AF65343124" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SubsidiaryLongTermIncentivePlansMember_EECD0630BAFE76B11CEE81AF65343124" xlink:to="lab_bk_SubsidiaryLongTermIncentivePlansMember_EECD0630BAFE76B11CEE81AF65343124" xlink:type="arc"/>
<link:label id="lab_us-gaap_TitleOfIndividualAxis_B63C62E2A14FDE39022981AF6534D5FE_terseLabel_en-US" xlink:label="lab_us-gaap_TitleOfIndividualAxis_B63C62E2A14FDE39022981AF6534D5FE" 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_B63C62E2A14FDE39022981AF6534D5FE_label_en-US" xlink:label="lab_us-gaap_TitleOfIndividualAxis_B63C62E2A14FDE39022981AF6534D5FE" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TitleOfIndividualAxis" xlink:label="loc_us-gaap_TitleOfIndividualAxis_B63C62E2A14FDE39022981AF6534D5FE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TitleOfIndividualAxis_B63C62E2A14FDE39022981AF6534D5FE" xlink:to="lab_us-gaap_TitleOfIndividualAxis_B63C62E2A14FDE39022981AF6534D5FE" xlink:type="arc"/>
<link:label id="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_C92C52569D9984A50F2A81AF6534B752_terseLabel_en-US" xlink:label="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_C92C52569D9984A50F2A81AF6534B752" 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_C92C52569D9984A50F2A81AF6534B752_label_en-US" xlink:label="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_C92C52569D9984A50F2A81AF6534B752" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="loc_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_C92C52569D9984A50F2A81AF6534B752" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_C92C52569D9984A50F2A81AF6534B752" xlink:to="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_C92C52569D9984A50F2A81AF6534B752" xlink:type="arc"/>
<link:label id="lab_bk_ExecutiveCommitteeMember_C5044E3B0D0F6B26BBE181AF65352B01_terseLabel_en-US" xlink:label="lab_bk_ExecutiveCommitteeMember_C5044E3B0D0F6B26BBE181AF65352B01" 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_C5044E3B0D0F6B26BBE181AF65352B01_label_en-US" xlink:label="lab_bk_ExecutiveCommitteeMember_C5044E3B0D0F6B26BBE181AF65352B01" 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_C5044E3B0D0F6B26BBE181AF65352B01_documentation_en-US" xlink:label="lab_bk_ExecutiveCommitteeMember_C5044E3B0D0F6B26BBE181AF65352B01" 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-20161231.xsd#bk_ExecutiveCommitteeMember" xlink:label="loc_bk_ExecutiveCommitteeMember_C5044E3B0D0F6B26BBE181AF65352B01" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ExecutiveCommitteeMember_C5044E3B0D0F6B26BBE181AF65352B01" xlink:to="lab_bk_ExecutiveCommitteeMember_C5044E3B0D0F6B26BBE181AF65352B01" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_38004BC8FAFB5033679181AF6535627D_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_38004BC8FAFB5033679181AF6535627D" 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_38004BC8FAFB5033679181AF6535627D_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_38004BC8FAFB5033679181AF6535627D" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_38004BC8FAFB5033679181AF6535627D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_38004BC8FAFB5033679181AF6535627D" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_38004BC8FAFB5033679181AF6535627D" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_9D379893B637D05FE36C81AF65352B9E_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_9D379893B637D05FE36C81AF65352B9E" 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_9D379893B637D05FE36C81AF65352B9E_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_9D379893B637D05FE36C81AF65352B9E" 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>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_9D379893B637D05FE36C81AF65352B9E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_9D379893B637D05FE36C81AF65352B9E" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_9D379893B637D05FE36C81AF65352B9E" xlink:type="arc"/>
<link:label id="lab_bk_StockOptionPlanExpenseRelatedToRetirementEligibilityVesting_D5E50CF09B4EF2C5585881AF65352CCF_terseLabel_en-US" xlink:label="lab_bk_StockOptionPlanExpenseRelatedToRetirementEligibilityVesting_D5E50CF09B4EF2C5585881AF65352CCF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stock option expense related to retirement eligibility vesting </link:label>
<link:label id="lab_bk_StockOptionPlanExpenseRelatedToRetirementEligibilityVesting_D5E50CF09B4EF2C5585881AF65352CCF_label_en-US" xlink:label="lab_bk_StockOptionPlanExpenseRelatedToRetirementEligibilityVesting_D5E50CF09B4EF2C5585881AF65352CCF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Option Plan Expense Related To Retirement Eligibility Vesting </link:label>
<link:label id="lab_bk_StockOptionPlanExpenseRelatedToRetirementEligibilityVesting_D5E50CF09B4EF2C5585881AF65352CCF_documentation_en-US" xlink:label="lab_bk_StockOptionPlanExpenseRelatedToRetirementEligibilityVesting_D5E50CF09B4EF2C5585881AF65352CCF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Stock Option Plan Expense Related To Retirement Eligibility Vesting </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_StockOptionPlanExpenseRelatedToRetirementEligibilityVesting" xlink:label="loc_bk_StockOptionPlanExpenseRelatedToRetirementEligibilityVesting_D5E50CF09B4EF2C5585881AF65352CCF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_StockOptionPlanExpenseRelatedToRetirementEligibilityVesting_D5E50CF09B4EF2C5585881AF65352CCF" xlink:to="lab_bk_StockOptionPlanExpenseRelatedToRetirementEligibilityVesting_D5E50CF09B4EF2C5585881AF65352CCF" xlink:type="arc"/>
<link:label id="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardMinimumExercisablePeriodForStockOptions_D625E2EED6D6BE37742781AF65359905_terseLabel_en-US" xlink:label="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardMinimumExercisablePeriodForStockOptions_D625E2EED6D6BE37742781AF65359905" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stock option exercisable period - minimum (years) </link:label>
<link:label id="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardMinimumExercisablePeriodForStockOptions_D625E2EED6D6BE37742781AF65359905_label_en-US" xlink:label="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardMinimumExercisablePeriodForStockOptions_D625E2EED6D6BE37742781AF65359905" 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 Minimum Exercisable Period For Stock Options </link:label>
<link:label id="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardMinimumExercisablePeriodForStockOptions_D625E2EED6D6BE37742781AF65359905_documentation_en-US" xlink:label="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardMinimumExercisablePeriodForStockOptions_D625E2EED6D6BE37742781AF65359905" 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 Minimum Exercisable Period For Stock Options </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardMinimumExercisablePeriodForStockOptions" xlink:label="loc_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardMinimumExercisablePeriodForStockOptions_D625E2EED6D6BE37742781AF65359905" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardMinimumExercisablePeriodForStockOptions_D625E2EED6D6BE37742781AF65359905" xlink:to="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardMinimumExercisablePeriodForStockOptions_D625E2EED6D6BE37742781AF65359905" xlink:type="arc"/>
<link:label id="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumExercisablePeriodForStockOptions_FF8EFE1FEEF09379E50A81AF653508EC_terseLabel_en-US" xlink:label="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumExercisablePeriodForStockOptions_FF8EFE1FEEF09379E50A81AF653508EC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stock option exercisable period - maximum (years) </link:label>
<link:label id="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumExercisablePeriodForStockOptions_FF8EFE1FEEF09379E50A81AF653508EC_label_en-US" xlink:label="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumExercisablePeriodForStockOptions_FF8EFE1FEEF09379E50A81AF653508EC" 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 Maximum Exercisable Period For Stock Options </link:label>
<link:label id="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumExercisablePeriodForStockOptions_FF8EFE1FEEF09379E50A81AF653508EC_documentation_en-US" xlink:label="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumExercisablePeriodForStockOptions_FF8EFE1FEEF09379E50A81AF653508EC" 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 Maximum Exercisable Period For Stock Options </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumExercisablePeriodForStockOptions" xlink:label="loc_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumExercisablePeriodForStockOptions_FF8EFE1FEEF09379E50A81AF653508EC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumExercisablePeriodForStockOptions_FF8EFE1FEEF09379E50A81AF653508EC" xlink:to="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumExercisablePeriodForStockOptions_FF8EFE1FEEF09379E50A81AF653508EC" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_1A7FF00BB087FF58925681AF653517E4_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_1A7FF00BB087FF58925681AF653517E4" 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_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_1A7FF00BB087FF58925681AF653517E4_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_1A7FF00BB087FF58925681AF653517E4" 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, Grants in Period, Gross </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_1A7FF00BB087FF58925681AF653517E4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_1A7FF00BB087FF58925681AF653517E4" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_1A7FF00BB087FF58925681AF653517E4" xlink:type="arc"/>
<link:label id="lab_us-gaap_AllocatedShareBasedCompensationExpense_7940A81D87B7B28512EA81AF6536FF23_terseLabel_en-US" xlink:label="lab_us-gaap_AllocatedShareBasedCompensationExpense_7940A81D87B7B28512EA81AF6536FF23" 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_7940A81D87B7B28512EA81AF6536FF23_label_en-US" xlink:label="lab_us-gaap_AllocatedShareBasedCompensationExpense_7940A81D87B7B28512EA81AF6536FF23" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Allocated Share-based Compensation Expense </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AllocatedShareBasedCompensationExpense" xlink:label="loc_us-gaap_AllocatedShareBasedCompensationExpense_7940A81D87B7B28512EA81AF6536FF23" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AllocatedShareBasedCompensationExpense_7940A81D87B7B28512EA81AF6536FF23" xlink:to="lab_us-gaap_AllocatedShareBasedCompensationExpense_7940A81D87B7B28512EA81AF6536FF23" xlink:type="arc"/>
<link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_12CE482A9171DFC2267581AF6536860A_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_12CE482A9171DFC2267581AF6536860A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stock based compensation cost, tax benefit recognized </link:label>
<link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_12CE482A9171DFC2267581AF6536860A_label_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_12CE482A9171DFC2267581AF6536860A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Employee Service Share-based Compensation, Tax Benefit from Compensation Expense </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense" xlink:label="loc_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_12CE482A9171DFC2267581AF6536860A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_603F5271823020964A1B81AF6536E768_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_603F5271823020964A1B81AF6536E768" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total intrinsic value of options exercised </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_603F5271823020964A1B81AF6536E768_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_603F5271823020964A1B81AF6536E768" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_603F5271823020964A1B81AF6536E768" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions_AEA72614335C47D3BB6281AF6536F43D_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions_AEA72614335C47D3BB6281AF6536F43D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash received from option exercises </link:label>
<link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions_AEA72614335C47D3BB6281AF6536F43D_label_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions_AEA72614335C47D3BB6281AF6536F43D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Employee Service Share-based Compensation, Cash Received from Exercise of Stock Options </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions" xlink:label="loc_us-gaap_EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions_AEA72614335C47D3BB6281AF6536F43D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_DF3FA692DADBDC26364181AF65375A3F_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_DF3FA692DADBDC26364181AF65375A3F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total fair value of stock based compensation that vested during the period </link:label>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod1_49F6984EC45E0B4582B581AF653728F7_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod1_49F6984EC45E0B4582B581AF653728F7" 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_AccumulatedOtherComprehensiveIncomeLossTable_9F2B187C0272C2025F07817342E43E15_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_9F2B187C0272C2025F07817342E43E15" 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_9F2B187C0272C2025F07817342E43E15_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_9F2B187C0272C2025F07817342E43E15" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accumulated Other Comprehensive Income (Loss) [Table] </link:label>
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<link:label id="lab_us-gaap_AociIncludingPortionAttributableToNoncontrollingInterestMember_062CA7962A715ACA6435817342E47CD6_terseLabel_en-US" xlink:label="lab_us-gaap_AociIncludingPortionAttributableToNoncontrollingInterestMember_062CA7962A715ACA6435817342E47CD6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> AOCI Including Portion Attributable to Noncontrolling Interest </link:label>
<link:label id="lab_us-gaap_AociIncludingPortionAttributableToNoncontrollingInterestMember_062CA7962A715ACA6435817342E47CD6_label_en-US" xlink:label="lab_us-gaap_AociIncludingPortionAttributableToNoncontrollingInterestMember_062CA7962A715ACA6435817342E47CD6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> AOCI Including Portion Attributable to Noncontrolling Interest [Member] </link:label>
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<link:label id="lab_us-gaap_AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember_E3373635B24A97027635817342E56989_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember_E3373635B24A97027635817342E56989" 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_E3373635B24A97027635817342E56989_label_en-US" xlink:label="lab_us-gaap_AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember_E3373635B24A97027635817342E56989" 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>
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<link:label id="lab_bk_TrustPreferredSecuritiesDisclosureTableTextBlock_D012CDA8E80AB9C2253E48135D49CFA0_label_en-US" xlink:label="lab_bk_TrustPreferredSecuritiesDisclosureTableTextBlock_D012CDA8E80AB9C2253E48135D49CFA0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trust Preferred Securities Disclosure [Table Text Block] </link:label>
<link:label id="lab_bk_TrustPreferredSecuritiesDisclosureTableTextBlock_D012CDA8E80AB9C2253E48135D49CFA0_documentation_en-US" xlink:label="lab_bk_TrustPreferredSecuritiesDisclosureTableTextBlock_D012CDA8E80AB9C2253E48135D49CFA0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Trust Preferred Securities Disclosure </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_TrustPreferredSecuritiesDisclosureTableTextBlock" xlink:label="loc_bk_TrustPreferredSecuritiesDisclosureTableTextBlock_D012CDA8E80AB9C2253E48135D49CFA0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_TrustPreferredSecuritiesDisclosureTableTextBlock_D012CDA8E80AB9C2253E48135D49CFA0" xlink:to="lab_bk_TrustPreferredSecuritiesDisclosureTableTextBlock_D012CDA8E80AB9C2253E48135D49CFA0" xlink:type="arc"/>
<link:label id="lab_bk_InvestmentandOtherIncomeMember_9E53D8E6B3F6D5E53A0E71CECAA7BC55_terseLabel_en-US" xlink:label="lab_bk_InvestmentandOtherIncomeMember_9E53D8E6B3F6D5E53A0E71CECAA7BC55" 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_9E53D8E6B3F6D5E53A0E71CECAA7BC55_label_en-US" xlink:label="lab_bk_InvestmentandOtherIncomeMember_9E53D8E6B3F6D5E53A0E71CECAA7BC55" 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_9E53D8E6B3F6D5E53A0E71CECAA7BC55_documentation_en-US" xlink:label="lab_bk_InvestmentandOtherIncomeMember_9E53D8E6B3F6D5E53A0E71CECAA7BC55" 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-20161231.xsd#bk_InvestmentandOtherIncomeMember" xlink:label="loc_bk_InvestmentandOtherIncomeMember_9E53D8E6B3F6D5E53A0E71CECAA7BC55" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_InvestmentandOtherIncomeMember_9E53D8E6B3F6D5E53A0E71CECAA7BC55" xlink:to="lab_bk_InvestmentandOtherIncomeMember_9E53D8E6B3F6D5E53A0E71CECAA7BC55" xlink:type="arc"/>
<link:label id="lab_bk_ForeignExchangeAndOtherTradingMember_0E6A9A9DA46D16E40CF871CECAA7D1A9_terseLabel_en-US" xlink:label="lab_bk_ForeignExchangeAndOtherTradingMember_0E6A9A9DA46D16E40CF871CECAA7D1A9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign exchange and other trading revenue (losses) </link:label>
<link:label id="lab_bk_ForeignExchangeAndOtherTradingMember_0E6A9A9DA46D16E40CF871CECAA7D1A9_label_en-US" xlink:label="lab_bk_ForeignExchangeAndOtherTradingMember_0E6A9A9DA46D16E40CF871CECAA7D1A9" 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_0E6A9A9DA46D16E40CF871CECAA7D1A9_documentation_en-US" xlink:label="lab_bk_ForeignExchangeAndOtherTradingMember_0E6A9A9DA46D16E40CF871CECAA7D1A9" 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-20161231.xsd#bk_ForeignExchangeAndOtherTradingMember" xlink:label="loc_bk_ForeignExchangeAndOtherTradingMember_0E6A9A9DA46D16E40CF871CECAA7D1A9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ForeignExchangeAndOtherTradingMember_0E6A9A9DA46D16E40CF871CECAA7D1A9" xlink:to="lab_bk_ForeignExchangeAndOtherTradingMember_0E6A9A9DA46D16E40CF871CECAA7D1A9" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancialInstrumentAxis_107034C4122E0CD1AB8B71CECAA84F86_terseLabel_en-US" xlink:label="lab_us-gaap_FinancialInstrumentAxis_107034C4122E0CD1AB8B71CECAA84F86" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Eligible Item or Group for Fair Value Option [Axis] </link:label>
<link:label id="lab_us-gaap_FinancialInstrumentAxis_107034C4122E0CD1AB8B71CECAA84F86_label_en-US" xlink:label="lab_us-gaap_FinancialInstrumentAxis_107034C4122E0CD1AB8B71CECAA84F86" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financial Instrument [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialInstrumentAxis" xlink:label="loc_us-gaap_FinancialInstrumentAxis_107034C4122E0CD1AB8B71CECAA84F86" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancialInstrumentAxis_107034C4122E0CD1AB8B71CECAA84F86" xlink:to="lab_us-gaap_FinancialInstrumentAxis_107034C4122E0CD1AB8B71CECAA84F86" xlink:type="arc"/>
<link:label id="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_10453AF37E8981225FB971CECAA8513C_terseLabel_en-US" xlink:label="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_10453AF37E8981225FB971CECAA8513C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Option, Eligible Item or Group [Domain] </link:label>
<link:label id="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_10453AF37E8981225FB971CECAA8513C_label_en-US" xlink:label="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_10453AF37E8981225FB971CECAA8513C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financial Instruments [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:label="loc_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_10453AF37E8981225FB971CECAA8513C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LoansReceivableMember_6147A11D18CA7523CA2571CECAA83C97_terseLabel_en-US" xlink:label="lab_us-gaap_LoansReceivableMember_6147A11D18CA7523CA2571CECAA83C97" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans Receivable </link:label>
<link:label id="lab_us-gaap_LoansReceivableMember_6147A11D18CA7523CA2571CECAA83C97_label_en-US" xlink:label="lab_us-gaap_LoansReceivableMember_6147A11D18CA7523CA2571CECAA83C97" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansReceivableMember" xlink:label="loc_us-gaap_LoansReceivableMember_6147A11D18CA7523CA2571CECAA83C97" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansReceivableMember_6147A11D18CA7523CA2571CECAA83C97" xlink:to="lab_us-gaap_LoansReceivableMember_6147A11D18CA7523CA2571CECAA83C97" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueOptionChangesInFairValueGainLoss1_3BF9F1C255ADC0A14CDE71CECAA8773C_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueOptionChangesInFairValueGainLoss1_3BF9F1C255ADC0A14CDE71CECAA8773C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Changes in the fair value </link:label>
<link:label id="lab_us-gaap_FairValueOptionChangesInFairValueGainLoss1_3BF9F1C255ADC0A14CDE71CECAA8773C_label_en-US" xlink:label="lab_us-gaap_FairValueOptionChangesInFairValueGainLoss1_3BF9F1C255ADC0A14CDE71CECAA8773C" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOptionChangesInFairValueGainLoss1" xlink:label="loc_us-gaap_FairValueOptionChangesInFairValueGainLoss1_3BF9F1C255ADC0A14CDE71CECAA8773C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DepositsAbstract_15586A4D3BE965A70E4FF646FCD1F8F5_label_en-US" xlink:label="lab_us-gaap_DepositsAbstract_15586A4D3BE965A70E4FF646FCD1F8F5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deposits [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DepositsAbstract" xlink:label="loc_us-gaap_DepositsAbstract_15586A4D3BE965A70E4FF646FCD1F8F5" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DepositLiabilitiesDisclosuresTextBlock_6A44C9F1E0A9444DD45CF646FCD1E44E_terseLabel_en-US" xlink:label="lab_us-gaap_DepositLiabilitiesDisclosuresTextBlock_6A44C9F1E0A9444DD45CF646FCD1E44E" 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_DepositLiabilitiesDisclosuresTextBlock_6A44C9F1E0A9444DD45CF646FCD1E44E_label_en-US" xlink:label="lab_us-gaap_DepositLiabilitiesDisclosuresTextBlock_6A44C9F1E0A9444DD45CF646FCD1E44E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deposit Liabilities Disclosures [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DepositLiabilitiesDisclosuresTextBlock" xlink:label="loc_us-gaap_DepositLiabilitiesDisclosuresTextBlock_6A44C9F1E0A9444DD45CF646FCD1E44E" xlink:type="locator"/>
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<link:label id="lab_bk_NatureOfOperationsPolicyPolicyTextBlock_95B6E767F4DF73AD7278690210202013_terseLabel_en-US" xlink:label="lab_bk_NatureOfOperationsPolicyPolicyTextBlock_95B6E767F4DF73AD7278690210202013" 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_95B6E767F4DF73AD7278690210202013_label_en-US" xlink:label="lab_bk_NatureOfOperationsPolicyPolicyTextBlock_95B6E767F4DF73AD7278690210202013" 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_95B6E767F4DF73AD7278690210202013_documentation_en-US" xlink:label="lab_bk_NatureOfOperationsPolicyPolicyTextBlock_95B6E767F4DF73AD7278690210202013" 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-20161231.xsd#bk_NatureOfOperationsPolicyPolicyTextBlock" xlink:label="loc_bk_NatureOfOperationsPolicyPolicyTextBlock_95B6E767F4DF73AD7278690210202013" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ConsolidationPolicyTextBlock_75318EBD1036755581AA68EF85A3C47D_terseLabel_en-US" xlink:label="lab_us-gaap_ConsolidationPolicyTextBlock_75318EBD1036755581AA68EF85A3C47D" 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_75318EBD1036755581AA68EF85A3C47D_label_en-US" xlink:label="lab_us-gaap_ConsolidationPolicyTextBlock_75318EBD1036755581AA68EF85A3C47D" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidationPolicyTextBlock" xlink:label="loc_us-gaap_ConsolidationPolicyTextBlock_75318EBD1036755581AA68EF85A3C47D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_UseOfEstimates_A7B403DDB25AC30E98E168EF85A31AF3_terseLabel_en-US" xlink:label="lab_us-gaap_UseOfEstimates_A7B403DDB25AC30E98E168EF85A31AF3" 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_A7B403DDB25AC30E98E168EF85A31AF3_label_en-US" xlink:label="lab_us-gaap_UseOfEstimates_A7B403DDB25AC30E98E168EF85A31AF3" 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>
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<link:label id="lab_us-gaap_LoansAndLeasesReceivablePrepaymentEstimateAssumptionsPolicy_914FDE3451E9B1B522CC693BE1308EA0_terseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivablePrepaymentEstimateAssumptionsPolicy_914FDE3451E9B1B522CC693BE1308EA0" 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_914FDE3451E9B1B522CC693BE1308EA0_label_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivablePrepaymentEstimateAssumptionsPolicy_914FDE3451E9B1B522CC693BE1308EA0" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansAndLeasesReceivablePrepaymentEstimateAssumptionsPolicy" xlink:label="loc_us-gaap_LoansAndLeasesReceivablePrepaymentEstimateAssumptionsPolicy_914FDE3451E9B1B522CC693BE1308EA0" xlink:type="locator"/>
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<link:label id="lab_bk_FinancialInformationOfParentCompanyPolicyPolicyTextBlock_22F7B60A3F4CDF73C62A69039D7E04B8_terseLabel_en-US" xlink:label="lab_bk_FinancialInformationOfParentCompanyPolicyPolicyTextBlock_22F7B60A3F4CDF73C62A69039D7E04B8" 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_22F7B60A3F4CDF73C62A69039D7E04B8_label_en-US" xlink:label="lab_bk_FinancialInformationOfParentCompanyPolicyPolicyTextBlock_22F7B60A3F4CDF73C62A69039D7E04B8" 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_22F7B60A3F4CDF73C62A69039D7E04B8_documentation_en-US" xlink:label="lab_bk_FinancialInformationOfParentCompanyPolicyPolicyTextBlock_22F7B60A3F4CDF73C62A69039D7E04B8" 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-20161231.xsd#bk_FinancialInformationOfParentCompanyPolicyPolicyTextBlock" xlink:label="loc_bk_FinancialInformationOfParentCompanyPolicyPolicyTextBlock_22F7B60A3F4CDF73C62A69039D7E04B8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_BusinessCombinationsPolicy_16AE2904D1A81926CA546904E223D55D_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationsPolicy_16AE2904D1A81926CA546904E223D55D" 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_16AE2904D1A81926CA546904E223D55D_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationsPolicy_16AE2904D1A81926CA546904E223D55D" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessCombinationsPolicy" xlink:label="loc_us-gaap_BusinessCombinationsPolicy_16AE2904D1A81926CA546904E223D55D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationsPolicy_16AE2904D1A81926CA546904E223D55D" xlink:to="lab_us-gaap_BusinessCombinationsPolicy_16AE2904D1A81926CA546904E223D55D" xlink:type="arc"/>
<link:label id="lab_us-gaap_EquityMethodInvestmentsPolicy_1A3D4FE8161F48F1B9EB6909D2B285AD_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentsPolicy_1A3D4FE8161F48F1B9EB6909D2B285AD" 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_1A3D4FE8161F48F1B9EB6909D2B285AD_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentsPolicy_1A3D4FE8161F48F1B9EB6909D2B285AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity Method Investments, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityMethodInvestmentsPolicy" xlink:label="loc_us-gaap_EquityMethodInvestmentsPolicy_1A3D4FE8161F48F1B9EB6909D2B285AD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentsPolicy_1A3D4FE8161F48F1B9EB6909D2B285AD" xlink:to="lab_us-gaap_EquityMethodInvestmentsPolicy_1A3D4FE8161F48F1B9EB6909D2B285AD" xlink:type="arc"/>
<link:label id="lab_us-gaap_ConsolidationVariableInterestEntityPolicy_70AE88D051F20F5616A8690BD162B144_terseLabel_en-US" xlink:label="lab_us-gaap_ConsolidationVariableInterestEntityPolicy_70AE88D051F20F5616A8690BD162B144" 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_70AE88D051F20F5616A8690BD162B144_label_en-US" xlink:label="lab_us-gaap_ConsolidationVariableInterestEntityPolicy_70AE88D051F20F5616A8690BD162B144" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidationVariableInterestEntityPolicy" xlink:label="loc_us-gaap_ConsolidationVariableInterestEntityPolicy_70AE88D051F20F5616A8690BD162B144" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConsolidationVariableInterestEntityPolicy_70AE88D051F20F5616A8690BD162B144" xlink:to="lab_us-gaap_ConsolidationVariableInterestEntityPolicy_70AE88D051F20F5616A8690BD162B144" xlink:type="arc"/>
<link:label id="lab_us-gaap_InvestmentPolicyTextBlock_AE43276AB298CD9ADE2B69447B7E1748_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentPolicyTextBlock_AE43276AB298CD9ADE2B69447B7E1748" 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_AE43276AB298CD9ADE2B69447B7E1748_label_en-US" xlink:label="lab_us-gaap_InvestmentPolicyTextBlock_AE43276AB298CD9ADE2B69447B7E1748" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentPolicyTextBlock" xlink:label="loc_us-gaap_InvestmentPolicyTextBlock_AE43276AB298CD9ADE2B69447B7E1748" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentPolicyTextBlock_AE43276AB298CD9ADE2B69447B7E1748" xlink:to="lab_us-gaap_InvestmentPolicyTextBlock_AE43276AB298CD9ADE2B69447B7E1748" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinanceLoansAndLeasesReceivablePolicy_2D7A8F79D1A811A77C5469455B4B9C1C_terseLabel_en-US" xlink:label="lab_us-gaap_FinanceLoansAndLeasesReceivablePolicy_2D7A8F79D1A811A77C5469455B4B9C1C" 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_2D7A8F79D1A811A77C5469455B4B9C1C_label_en-US" xlink:label="lab_us-gaap_FinanceLoansAndLeasesReceivablePolicy_2D7A8F79D1A811A77C5469455B4B9C1C" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinanceLoansAndLeasesReceivablePolicy" xlink:label="loc_us-gaap_FinanceLoansAndLeasesReceivablePolicy_2D7A8F79D1A811A77C5469455B4B9C1C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinanceLoansAndLeasesReceivablePolicy_2D7A8F79D1A811A77C5469455B4B9C1C" xlink:to="lab_us-gaap_FinanceLoansAndLeasesReceivablePolicy_2D7A8F79D1A811A77C5469455B4B9C1C" xlink:type="arc"/>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableNonperformingLoanAndLeasePolicy_F4E2AB24735943604AD5694659D63BE9_terseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableNonperformingLoanAndLeasePolicy_F4E2AB24735943604AD5694659D63BE9" 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_F4E2AB24735943604AD5694659D63BE9_label_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableNonperformingLoanAndLeasePolicy_F4E2AB24735943604AD5694659D63BE9" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansAndLeasesReceivableNonperformingLoanAndLeasePolicy" xlink:label="loc_us-gaap_LoansAndLeasesReceivableNonperformingLoanAndLeasePolicy_F4E2AB24735943604AD5694659D63BE9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansAndLeasesReceivableNonperformingLoanAndLeasePolicy_F4E2AB24735943604AD5694659D63BE9" xlink:to="lab_us-gaap_LoansAndLeasesReceivableNonperformingLoanAndLeasePolicy_F4E2AB24735943604AD5694659D63BE9" xlink:type="arc"/>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableAllowanceForLoanLossesPolicy_3A932BC7FB0A51AF42B869478FF76D47_terseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableAllowanceForLoanLossesPolicy_3A932BC7FB0A51AF42B869478FF76D47" 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_3A932BC7FB0A51AF42B869478FF76D47_label_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableAllowanceForLoanLossesPolicy_3A932BC7FB0A51AF42B869478FF76D47" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansAndLeasesReceivableAllowanceForLoanLossesPolicy" xlink:label="loc_us-gaap_LoansAndLeasesReceivableAllowanceForLoanLossesPolicy_3A932BC7FB0A51AF42B869478FF76D47" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansAndLeasesReceivableAllowanceForLoanLossesPolicy_3A932BC7FB0A51AF42B869478FF76D47" xlink:to="lab_us-gaap_LoansAndLeasesReceivableAllowanceForLoanLossesPolicy_3A932BC7FB0A51AF42B869478FF76D47" xlink:type="arc"/>
<link:label id="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_BD95DCE53D006ABD38F3692A769FF98F_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_BD95DCE53D006ABD38F3692A769FF98F" 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_BD95DCE53D006ABD38F3692A769FF98F_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_BD95DCE53D006ABD38F3692A769FF98F" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_BD95DCE53D006ABD38F3692A769FF98F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_BD95DCE53D006ABD38F3692A769FF98F" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_BD95DCE53D006ABD38F3692A769FF98F" xlink:type="arc"/>
<link:label id="lab_us-gaap_InternalUseSoftwarePolicy_CEEEBB661E651BC4925369285B3B2925_terseLabel_en-US" xlink:label="lab_us-gaap_InternalUseSoftwarePolicy_CEEEBB661E651BC4925369285B3B2925" 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_CEEEBB661E651BC4925369285B3B2925_label_en-US" xlink:label="lab_us-gaap_InternalUseSoftwarePolicy_CEEEBB661E651BC4925369285B3B2925" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InternalUseSoftwarePolicy" xlink:label="loc_us-gaap_InternalUseSoftwarePolicy_CEEEBB661E651BC4925369285B3B2925" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InternalUseSoftwarePolicy_CEEEBB661E651BC4925369285B3B2925" xlink:to="lab_us-gaap_InternalUseSoftwarePolicy_CEEEBB661E651BC4925369285B3B2925" xlink:type="arc"/>
<link:label id="lab_us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_4075C463F162ED0BF7DE69276BEDF906_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_4075C463F162ED0BF7DE69276BEDF906" 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_4075C463F162ED0BF7DE69276BEDF906_label_en-US" xlink:label="lab_us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_4075C463F162ED0BF7DE69276BEDF906" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock" xlink:label="loc_us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_4075C463F162ED0BF7DE69276BEDF906" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_4075C463F162ED0BF7DE69276BEDF906" xlink:to="lab_us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_4075C463F162ED0BF7DE69276BEDF906" xlink:type="arc"/>
<link:label id="lab_bk_InvestmentsinQualifiedAffordableHousingProjectsPolicyTextBlock_3AD5E10F5AC7844E0FAA691F33D1CABA_terseLabel_en-US" xlink:label="lab_bk_InvestmentsinQualifiedAffordableHousingProjectsPolicyTextBlock_3AD5E10F5AC7844E0FAA691F33D1CABA" 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_3AD5E10F5AC7844E0FAA691F33D1CABA_label_en-US" xlink:label="lab_bk_InvestmentsinQualifiedAffordableHousingProjectsPolicyTextBlock_3AD5E10F5AC7844E0FAA691F33D1CABA" 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_3AD5E10F5AC7844E0FAA691F33D1CABA_documentation_en-US" xlink:label="lab_bk_InvestmentsinQualifiedAffordableHousingProjectsPolicyTextBlock_3AD5E10F5AC7844E0FAA691F33D1CABA" 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-20161231.xsd#bk_InvestmentsinQualifiedAffordableHousingProjectsPolicyTextBlock" xlink:label="loc_bk_InvestmentsinQualifiedAffordableHousingProjectsPolicyTextBlock_3AD5E10F5AC7844E0FAA691F33D1CABA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_InvestmentsinQualifiedAffordableHousingProjectsPolicyTextBlock_3AD5E10F5AC7844E0FAA691F33D1CABA" xlink:to="lab_bk_InvestmentsinQualifiedAffordableHousingProjectsPolicyTextBlock_3AD5E10F5AC7844E0FAA691F33D1CABA" xlink:type="arc"/>
<link:label id="lab_bk_OtherAssetsPolicyPolicyTextBlock_2BE42AAE789AF3BDDEB769205417DEFB_terseLabel_en-US" xlink:label="lab_bk_OtherAssetsPolicyPolicyTextBlock_2BE42AAE789AF3BDDEB769205417DEFB" 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_2BE42AAE789AF3BDDEB769205417DEFB_label_en-US" xlink:label="lab_bk_OtherAssetsPolicyPolicyTextBlock_2BE42AAE789AF3BDDEB769205417DEFB" 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_2BE42AAE789AF3BDDEB769205417DEFB_documentation_en-US" xlink:label="lab_bk_OtherAssetsPolicyPolicyTextBlock_2BE42AAE789AF3BDDEB769205417DEFB" 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-20161231.xsd#bk_OtherAssetsPolicyPolicyTextBlock" xlink:label="loc_bk_OtherAssetsPolicyPolicyTextBlock_2BE42AAE789AF3BDDEB769205417DEFB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OtherAssetsPolicyPolicyTextBlock_2BE42AAE789AF3BDDEB769205417DEFB" xlink:to="lab_bk_OtherAssetsPolicyPolicyTextBlock_2BE42AAE789AF3BDDEB769205417DEFB" xlink:type="arc"/>
<link:label id="lab_bk_NoncontrollingInterestsPolicyPolicyTextBlock_3466990BE19F9C8C23D16921AEA28710_terseLabel_en-US" xlink:label="lab_bk_NoncontrollingInterestsPolicyPolicyTextBlock_3466990BE19F9C8C23D16921AEA28710" 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_3466990BE19F9C8C23D16921AEA28710_label_en-US" xlink:label="lab_bk_NoncontrollingInterestsPolicyPolicyTextBlock_3466990BE19F9C8C23D16921AEA28710" 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_3466990BE19F9C8C23D16921AEA28710_documentation_en-US" xlink:label="lab_bk_NoncontrollingInterestsPolicyPolicyTextBlock_3466990BE19F9C8C23D16921AEA28710" 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-20161231.xsd#bk_NoncontrollingInterestsPolicyPolicyTextBlock" xlink:label="loc_bk_NoncontrollingInterestsPolicyPolicyTextBlock_3466990BE19F9C8C23D16921AEA28710" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_NoncontrollingInterestsPolicyPolicyTextBlock_3466990BE19F9C8C23D16921AEA28710" xlink:to="lab_bk_NoncontrollingInterestsPolicyPolicyTextBlock_3466990BE19F9C8C23D16921AEA28710" xlink:type="arc"/>
<link:label id="lab_us-gaap_RevenueRecognitionPolicyTextBlock_C994D5353DF96D4DD8806924D6495062_terseLabel_en-US" xlink:label="lab_us-gaap_RevenueRecognitionPolicyTextBlock_C994D5353DF96D4DD8806924D6495062" 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_C994D5353DF96D4DD8806924D6495062_label_en-US" xlink:label="lab_us-gaap_RevenueRecognitionPolicyTextBlock_C994D5353DF96D4DD8806924D6495062" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenueRecognitionPolicyTextBlock" xlink:label="loc_us-gaap_RevenueRecognitionPolicyTextBlock_C994D5353DF96D4DD8806924D6495062" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenueRecognitionPolicyTextBlock_C994D5353DF96D4DD8806924D6495062" xlink:to="lab_us-gaap_RevenueRecognitionPolicyTextBlock_C994D5353DF96D4DD8806924D6495062" xlink:type="arc"/>
<link:label id="lab_bk_InterestIncomePolicyPolicyTextBlock_17DC59037E755FCFBB44691DAC112DF0_terseLabel_en-US" xlink:label="lab_bk_InterestIncomePolicyPolicyTextBlock_17DC59037E755FCFBB44691DAC112DF0" 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_17DC59037E755FCFBB44691DAC112DF0_label_en-US" xlink:label="lab_bk_InterestIncomePolicyPolicyTextBlock_17DC59037E755FCFBB44691DAC112DF0" 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_17DC59037E755FCFBB44691DAC112DF0_documentation_en-US" xlink:label="lab_bk_InterestIncomePolicyPolicyTextBlock_17DC59037E755FCFBB44691DAC112DF0" 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-20161231.xsd#bk_InterestIncomePolicyPolicyTextBlock" xlink:label="loc_bk_InterestIncomePolicyPolicyTextBlock_17DC59037E755FCFBB44691DAC112DF0" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_64D78674E4358DAC7B97691C46C9027D_terseLabel_en-US" xlink:label="lab_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_64D78674E4358DAC7B97691C46C9027D" 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_64D78674E4358DAC7B97691C46C9027D_label_en-US" xlink:label="lab_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_64D78674E4358DAC7B97691C46C9027D" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock" xlink:label="loc_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_64D78674E4358DAC7B97691C46C9027D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_64D78674E4358DAC7B97691C46C9027D" xlink:to="lab_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_64D78674E4358DAC7B97691C46C9027D" xlink:type="arc"/>
<link:label id="lab_us-gaap_PensionAndOtherPostretirementPlansPensionsPolicy_1430ECB1090E3A71BD3A691B2B94E3FA_terseLabel_en-US" xlink:label="lab_us-gaap_PensionAndOtherPostretirementPlansPensionsPolicy_1430ECB1090E3A71BD3A691B2B94E3FA" 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_1430ECB1090E3A71BD3A691B2B94E3FA_label_en-US" xlink:label="lab_us-gaap_PensionAndOtherPostretirementPlansPensionsPolicy_1430ECB1090E3A71BD3A691B2B94E3FA" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PensionAndOtherPostretirementPlansPensionsPolicy" xlink:label="loc_us-gaap_PensionAndOtherPostretirementPlansPensionsPolicy_1430ECB1090E3A71BD3A691B2B94E3FA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PensionAndOtherPostretirementPlansPensionsPolicy_1430ECB1090E3A71BD3A691B2B94E3FA" xlink:to="lab_us-gaap_PensionAndOtherPostretirementPlansPensionsPolicy_1430ECB1090E3A71BD3A691B2B94E3FA" xlink:type="arc"/>
<link:label id="lab_bk_EmployeeSeverancePolicyPolicyTextBlock_5F814136FC47CB74A95E69168E490121_terseLabel_en-US" xlink:label="lab_bk_EmployeeSeverancePolicyPolicyTextBlock_5F814136FC47CB74A95E69168E490121" 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_5F814136FC47CB74A95E69168E490121_label_en-US" xlink:label="lab_bk_EmployeeSeverancePolicyPolicyTextBlock_5F814136FC47CB74A95E69168E490121" 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_5F814136FC47CB74A95E69168E490121_documentation_en-US" xlink:label="lab_bk_EmployeeSeverancePolicyPolicyTextBlock_5F814136FC47CB74A95E69168E490121" 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-20161231.xsd#bk_EmployeeSeverancePolicyPolicyTextBlock" xlink:label="loc_bk_EmployeeSeverancePolicyPolicyTextBlock_5F814136FC47CB74A95E69168E490121" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_EmployeeSeverancePolicyPolicyTextBlock_5F814136FC47CB74A95E69168E490121" xlink:to="lab_bk_EmployeeSeverancePolicyPolicyTextBlock_5F814136FC47CB74A95E69168E490121" xlink:type="arc"/>
<link:label id="lab_us-gaap_IncomeTaxPolicyTextBlock_153AACBB70D46495E3C96917897595A4_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxPolicyTextBlock_153AACBB70D46495E3C96917897595A4" 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_153AACBB70D46495E3C96917897595A4_label_en-US" xlink:label="lab_us-gaap_IncomeTaxPolicyTextBlock_153AACBB70D46495E3C96917897595A4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Tax, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxPolicyTextBlock" xlink:label="loc_us-gaap_IncomeTaxPolicyTextBlock_153AACBB70D46495E3C96917897595A4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxPolicyTextBlock_153AACBB70D46495E3C96917897595A4" xlink:to="lab_us-gaap_IncomeTaxPolicyTextBlock_153AACBB70D46495E3C96917897595A4" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativesPolicyTextBlock_E0193D3ED760491BCD9969196355B582_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativesPolicyTextBlock_E0193D3ED760491BCD9969196355B582" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative financial instruments </link:label>
<link:label id="lab_us-gaap_DerivativesPolicyTextBlock_E0193D3ED760491BCD9969196355B582_label_en-US" xlink:label="lab_us-gaap_DerivativesPolicyTextBlock_E0193D3ED760491BCD9969196355B582" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivatives, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativesPolicyTextBlock" xlink:label="loc_us-gaap_DerivativesPolicyTextBlock_E0193D3ED760491BCD9969196355B582" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativesPolicyTextBlock_E0193D3ED760491BCD9969196355B582" xlink:to="lab_us-gaap_DerivativesPolicyTextBlock_E0193D3ED760491BCD9969196355B582" xlink:type="arc"/>
<link:label id="lab_bk_CashFlowPresentationPolicyPolicyTextBlock_0115CC4B1D4D6F1F70B26914C3A7D3B4_terseLabel_en-US" xlink:label="lab_bk_CashFlowPresentationPolicyPolicyTextBlock_0115CC4B1D4D6F1F70B26914C3A7D3B4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Statement of cash flows </link:label>
<link:label id="lab_bk_CashFlowPresentationPolicyPolicyTextBlock_0115CC4B1D4D6F1F70B26914C3A7D3B4_label_en-US" xlink:label="lab_bk_CashFlowPresentationPolicyPolicyTextBlock_0115CC4B1D4D6F1F70B26914C3A7D3B4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash Flow Presentation Policy [Policy Text Block] </link:label>
<link:label id="lab_bk_CashFlowPresentationPolicyPolicyTextBlock_0115CC4B1D4D6F1F70B26914C3A7D3B4_documentation_en-US" xlink:label="lab_bk_CashFlowPresentationPolicyPolicyTextBlock_0115CC4B1D4D6F1F70B26914C3A7D3B4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Cash Flow Presentation Policy </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_CashFlowPresentationPolicyPolicyTextBlock" xlink:label="loc_bk_CashFlowPresentationPolicyPolicyTextBlock_0115CC4B1D4D6F1F70B26914C3A7D3B4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_CashFlowPresentationPolicyPolicyTextBlock_0115CC4B1D4D6F1F70B26914C3A7D3B4" xlink:to="lab_bk_CashFlowPresentationPolicyPolicyTextBlock_0115CC4B1D4D6F1F70B26914C3A7D3B4" xlink:type="arc"/>
<link:label id="lab_us-gaap_CompensationRelatedCostsPolicyTextBlock_A622A7B9518EFEDBE21C6913B7B8F346_terseLabel_en-US" xlink:label="lab_us-gaap_CompensationRelatedCostsPolicyTextBlock_A622A7B9518EFEDBE21C6913B7B8F346" 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_CompensationRelatedCostsPolicyTextBlock_A622A7B9518EFEDBE21C6913B7B8F346_label_en-US" xlink:label="lab_us-gaap_CompensationRelatedCostsPolicyTextBlock_A622A7B9518EFEDBE21C6913B7B8F346" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Compensation Related Costs, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CompensationRelatedCostsPolicyTextBlock" xlink:label="loc_us-gaap_CompensationRelatedCostsPolicyTextBlock_A622A7B9518EFEDBE21C6913B7B8F346" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CompensationRelatedCostsPolicyTextBlock_A622A7B9518EFEDBE21C6913B7B8F346" xlink:to="lab_us-gaap_CompensationRelatedCostsPolicyTextBlock_A622A7B9518EFEDBE21C6913B7B8F346" xlink:type="arc"/>
<link:label id="lab_bk_OtherThanTemporaryImpairmentPolicyPolicyTextBlock_A81870E5647BA0F9BBFB695688B6AE29_terseLabel_en-US" xlink:label="lab_bk_OtherThanTemporaryImpairmentPolicyPolicyTextBlock_A81870E5647BA0F9BBFB695688B6AE29" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other-than-temporary impairment </link:label>
<link:label id="lab_bk_OtherThanTemporaryImpairmentPolicyPolicyTextBlock_A81870E5647BA0F9BBFB695688B6AE29_label_en-US" xlink:label="lab_bk_OtherThanTemporaryImpairmentPolicyPolicyTextBlock_A81870E5647BA0F9BBFB695688B6AE29" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Than Temporary Impairment Policy [Policy Text Block] </link:label>
<link:label id="lab_bk_OtherThanTemporaryImpairmentPolicyPolicyTextBlock_A81870E5647BA0F9BBFB695688B6AE29_documentation_en-US" xlink:label="lab_bk_OtherThanTemporaryImpairmentPolicyPolicyTextBlock_A81870E5647BA0F9BBFB695688B6AE29" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Than Temporary Impairment Policy [Policy Text Block] </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_OtherThanTemporaryImpairmentPolicyPolicyTextBlock" xlink:label="loc_bk_OtherThanTemporaryImpairmentPolicyPolicyTextBlock_A81870E5647BA0F9BBFB695688B6AE29" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OtherThanTemporaryImpairmentPolicyPolicyTextBlock_A81870E5647BA0F9BBFB695688B6AE29" xlink:to="lab_bk_OtherThanTemporaryImpairmentPolicyPolicyTextBlock_A81870E5647BA0F9BBFB695688B6AE29" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_E039D9EFEAF6B387812368EF85A32F5B_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_E039D9EFEAF6B387812368EF85A32F5B" 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_E039D9EFEAF6B387812368EF85A32F5B_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_E039D9EFEAF6B387812368EF85A32F5B" 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>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementPolicyPolicyTextBlock" xlink:label="loc_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_E039D9EFEAF6B387812368EF85A32F5B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_E039D9EFEAF6B387812368EF85A32F5B" xlink:to="lab_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_E039D9EFEAF6B387812368EF85A32F5B" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember_4E986DF5A69BF1FDC5A277E04D2E1B8F_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember_4E986DF5A69BF1FDC5A277E04D2E1B8F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Domestic healthcare benefits </link:label>
<link:label id="lab_us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember_4E986DF5A69BF1FDC5A277E04D2E1B8F_label_en-US" xlink:label="lab_us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember_4E986DF5A69BF1FDC5A277E04D2E1B8F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Postretirement Benefit Plan [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember" xlink:label="loc_us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember_4E986DF5A69BF1FDC5A277E04D2E1B8F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember_4E986DF5A69BF1FDC5A277E04D2E1B8F" xlink:to="lab_us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember_4E986DF5A69BF1FDC5A277E04D2E1B8F" xlink:type="arc"/>
<link:label id="lab_us-gaap_ForeignPostretirementBenefitPlansDefinedBenefitMember_C4BC8C0ADA20D7119ABB77E04D2E90B8_verboseLabel_en-US" xlink:label="lab_us-gaap_ForeignPostretirementBenefitPlansDefinedBenefitMember_C4BC8C0ADA20D7119ABB77E04D2E90B8" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Foreign healthcare benefits </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ForeignPostretirementBenefitPlansDefinedBenefitMember" xlink:label="loc_us-gaap_ForeignPostretirementBenefitPlansDefinedBenefitMember_C4BC8C0ADA20D7119ABB77E04D2E90B8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ForeignPostretirementBenefitPlansDefinedBenefitMember_C4BC8C0ADA20D7119ABB77E04D2E90B8" xlink:to="lab_us-gaap_ForeignPostretirementBenefitPlansDefinedBenefitMember_C4BC8C0ADA20D7119ABB77E04D2E90B8" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanWeightedAverageAssumptionsUsedInCalculatingNetPeriodicBenefitCostAbstract_10F9AF404CBB66F8E5E677E04D2EDF42_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanWeightedAverageAssumptionsUsedInCalculatingNetPeriodicBenefitCostAbstract_10F9AF404CBB66F8E5E677E04D2EDF42" 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_10F9AF404CBB66F8E5E677E04D2EDF42_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanWeightedAverageAssumptionsUsedInCalculatingNetPeriodicBenefitCostAbstract_10F9AF404CBB66F8E5E677E04D2EDF42" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanWeightedAverageAssumptionsUsedInCalculatingNetPeriodicBenefitCostAbstract" xlink:label="loc_us-gaap_DefinedBenefitPlanWeightedAverageAssumptionsUsedInCalculatingNetPeriodicBenefitCostAbstract_10F9AF404CBB66F8E5E677E04D2EDF42" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanWeightedAverageAssumptionsUsedInCalculatingNetPeriodicBenefitCostAbstract_10F9AF404CBB66F8E5E677E04D2EDF42" xlink:to="lab_us-gaap_DefinedBenefitPlanWeightedAverageAssumptionsUsedInCalculatingNetPeriodicBenefitCostAbstract_10F9AF404CBB66F8E5E677E04D2EDF42" xlink:type="arc"/>
<link:label id="lab_bk_DefinedBenefitPlanMarketRelatedValueOfPlanAssets_464AD94BE4E2BC0EF1B977E04D2E05F6_terseLabel_en-US" xlink:label="lab_bk_DefinedBenefitPlanMarketRelatedValueOfPlanAssets_464AD94BE4E2BC0EF1B977E04D2E05F6" 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_464AD94BE4E2BC0EF1B977E04D2E05F6_label_en-US" xlink:label="lab_bk_DefinedBenefitPlanMarketRelatedValueOfPlanAssets_464AD94BE4E2BC0EF1B977E04D2E05F6" 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_464AD94BE4E2BC0EF1B977E04D2E05F6_documentation_en-US" xlink:label="lab_bk_DefinedBenefitPlanMarketRelatedValueOfPlanAssets_464AD94BE4E2BC0EF1B977E04D2E05F6" 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-20161231.xsd#bk_DefinedBenefitPlanMarketRelatedValueOfPlanAssets" xlink:label="loc_bk_DefinedBenefitPlanMarketRelatedValueOfPlanAssets_464AD94BE4E2BC0EF1B977E04D2E05F6" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate_4EC3F4001A26F07508B977E04D2E118F_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate_4EC3F4001A26F07508B977E04D2E118F" 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_4EC3F4001A26F07508B977E04D2E118F_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate_4EC3F4001A26F07508B977E04D2E118F" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate" xlink:label="loc_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate_4EC3F4001A26F07508B977E04D2E118F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate_4EC3F4001A26F07508B977E04D2E118F" xlink:to="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate_4EC3F4001A26F07508B977E04D2E118F" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets_B78B6371AB637BAF873377E04D2E8599_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets_B78B6371AB637BAF873377E04D2E8599" 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_B78B6371AB637BAF873377E04D2E8599_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets_B78B6371AB637BAF873377E04D2E8599" 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 Return on Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets" xlink:label="loc_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets_B78B6371AB637BAF873377E04D2E8599" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets_B78B6371AB637BAF873377E04D2E8599" xlink:to="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets_B78B6371AB637BAF873377E04D2E8599" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease_7F6AECBE24E9123E806C77E04D2E436C_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease_7F6AECBE24E9123E806C77E04D2E436C" 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_7F6AECBE24E9123E806C77E04D2E436C_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease_7F6AECBE24E9123E806C77E04D2E436C" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease" xlink:label="loc_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease_7F6AECBE24E9123E806C77E04D2E436C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease_7F6AECBE24E9123E806C77E04D2E436C" xlink:to="lab_us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease_7F6AECBE24E9123E806C77E04D2E436C" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCostAbstract_D9BB8AE499C12972112777E04D2ED98F_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCostAbstract_D9BB8AE499C12972112777E04D2ED98F" 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_D9BB8AE499C12972112777E04D2ED98F_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCostAbstract_D9BB8AE499C12972112777E04D2ED98F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Net Periodic Benefit Cost [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanNetPeriodicBenefitCostAbstract" xlink:label="loc_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCostAbstract_D9BB8AE499C12972112777E04D2ED98F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCostAbstract_D9BB8AE499C12972112777E04D2ED98F" xlink:to="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCostAbstract_D9BB8AE499C12972112777E04D2ED98F" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanServiceCost_1B548C8BAE20B109A24877E04D2E7F15_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanServiceCost_1B548C8BAE20B109A24877E04D2E7F15" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Service cost </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanServiceCost" xlink:label="loc_us-gaap_DefinedBenefitPlanServiceCost_1B548C8BAE20B109A24877E04D2E7F15" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanServiceCost_1B548C8BAE20B109A24877E04D2E7F15" xlink:to="lab_us-gaap_DefinedBenefitPlanServiceCost_1B548C8BAE20B109A24877E04D2E7F15" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanInterestCost_22F117ACF0636970C23B77E04D2FF040_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanInterestCost_22F117ACF0636970C23B77E04D2FF040" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest cost </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanInterestCost" xlink:label="loc_us-gaap_DefinedBenefitPlanInterestCost_22F117ACF0636970C23B77E04D2FF040" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanInterestCost_22F117ACF0636970C23B77E04D2FF040" xlink:to="lab_us-gaap_DefinedBenefitPlanInterestCost_22F117ACF0636970C23B77E04D2FF040" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets_6C44821876FADFDF792E77E04D2FDC09_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets_6C44821876FADFDF792E77E04D2FDC09" 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_6C44821876FADFDF792E77E04D2FDC09_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets_6C44821876FADFDF792E77E04D2FDC09" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Expected Return on Plan Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets_6C44821876FADFDF792E77E04D2FDC09" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets_6C44821876FADFDF792E77E04D2FDC09" xlink:to="lab_us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets_6C44821876FADFDF792E77E04D2FDC09" xlink:type="arc"/>
<link:label id="lab_bk_DefinedBenefitPlanAmortizationAbstract_5BB0A0B7E284862F80D177E04D2F85E9_terseLabel_en-US" xlink:label="lab_bk_DefinedBenefitPlanAmortizationAbstract_5BB0A0B7E284862F80D177E04D2F85E9" 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_5BB0A0B7E284862F80D177E04D2F85E9_label_en-US" xlink:label="lab_bk_DefinedBenefitPlanAmortizationAbstract_5BB0A0B7E284862F80D177E04D2F85E9" 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_5BB0A0B7E284862F80D177E04D2F85E9_documentation_en-US" xlink:label="lab_bk_DefinedBenefitPlanAmortizationAbstract_5BB0A0B7E284862F80D177E04D2F85E9" 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-20161231.xsd#bk_DefinedBenefitPlanAmortizationAbstract" xlink:label="loc_bk_DefinedBenefitPlanAmortizationAbstract_5BB0A0B7E284862F80D177E04D2F85E9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_DefinedBenefitPlanAmortizationAbstract_5BB0A0B7E284862F80D177E04D2F85E9" xlink:to="lab_bk_DefinedBenefitPlanAmortizationAbstract_5BB0A0B7E284862F80D177E04D2F85E9" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit_95B2ABE480F85317600B77E04D2F99E3_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit_95B2ABE480F85317600B77E04D2F99E3" 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_95B2ABE480F85317600B77E04D2F99E3_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit_95B2ABE480F85317600B77E04D2F99E3" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit" xlink:label="loc_us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit_95B2ABE480F85317600B77E04D2F99E3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit_95B2ABE480F85317600B77E04D2F99E3" xlink:to="lab_us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit_95B2ABE480F85317600B77E04D2F99E3" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses_92B57D1A669628CB6EAF77E04D2F6069_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses_92B57D1A669628CB6EAF77E04D2F6069" 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_92B57D1A669628CB6EAF77E04D2F6069_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses_92B57D1A669628CB6EAF77E04D2F6069" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Amortization of Gains (Losses) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses" xlink:label="loc_us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses_92B57D1A669628CB6EAF77E04D2F6069" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses_92B57D1A669628CB6EAF77E04D2F6069" xlink:to="lab_us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses_92B57D1A669628CB6EAF77E04D2F6069" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1_E532AA4B348C270BC15377E04D2F56F6_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1_E532AA4B348C270BC15377E04D2F56F6" 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_E532AA4B348C270BC15377E04D2F56F6_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1_E532AA4B348C270BC15377E04D2F56F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Recognized Net Gain (Loss) Due to Settlements </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1" xlink:label="loc_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1_E532AA4B348C270BC15377E04D2F56F6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1_E532AA4B348C270BC15377E04D2F56F6" xlink:to="lab_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1_E532AA4B348C270BC15377E04D2F56F6" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments_96F88BCCD5685CAD284477E04D2F7335_negatedLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments_96F88BCCD5685CAD284477E04D2F7335" 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_96F88BCCD5685CAD284477E04D2F7335_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments_96F88BCCD5685CAD284477E04D2F7335" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Recognized Net Gain (Loss) Due to Curtailments </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments" xlink:label="loc_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments_96F88BCCD5685CAD284477E04D2F7335" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments_96F88BCCD5685CAD284477E04D2F7335" xlink:to="lab_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments_96F88BCCD5685CAD284477E04D2F7335" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanCostOfProvidingSpecialOrContractualTerminationBenefitRecognizedDuringPeriod_8A2C6B6CAB09764FF88F77E04D2FF785_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanCostOfProvidingSpecialOrContractualTerminationBenefitRecognizedDuringPeriod_8A2C6B6CAB09764FF88F77E04D2FF785" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Special termination benefit charge </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanCostOfProvidingSpecialOrContractualTerminationBenefitRecognizedDuringPeriod_8A2C6B6CAB09764FF88F77E04D2FF785_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanCostOfProvidingSpecialOrContractualTerminationBenefitRecognizedDuringPeriod_8A2C6B6CAB09764FF88F77E04D2FF785" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Cost of Providing Special or Contractual Termination Benefits Recognized During Period </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanCostOfProvidingSpecialOrContractualTerminationBenefitRecognizedDuringPeriod" xlink:label="loc_us-gaap_DefinedBenefitPlanCostOfProvidingSpecialOrContractualTerminationBenefitRecognizedDuringPeriod_8A2C6B6CAB09764FF88F77E04D2FF785" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanCostOfProvidingSpecialOrContractualTerminationBenefitRecognizedDuringPeriod_8A2C6B6CAB09764FF88F77E04D2FF785" xlink:to="lab_us-gaap_DefinedBenefitPlanCostOfProvidingSpecialOrContractualTerminationBenefitRecognizedDuringPeriod_8A2C6B6CAB09764FF88F77E04D2FF785" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_6501911F68A421FAF9BA77E04D2F7FD4_totalLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_6501911F68A421FAF9BA77E04D2F7FD4" 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_6501911F68A421FAF9BA77E04D2F7FD4_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_6501911F68A421FAF9BA77E04D2F7FD4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Net Periodic Benefit Cost </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost" xlink:label="loc_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_6501911F68A421FAF9BA77E04D2F7FD4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_Revenues_AEB563BF8EB53E0924DA7B631174C3F2_verboseLabel_en-US" xlink:label="lab_us-gaap_Revenues_AEB563BF8EB53E0924DA7B631174C3F2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Revenues </link:label>
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<link:label id="lab_bk_NumberOfPrincipalBusinesses_0E44F544E3ACD941DB087B631174CB0C_terseLabel_en-US" xlink:label="lab_bk_NumberOfPrincipalBusinesses_0E44F544E3ACD941DB087B631174CB0C" 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_0E44F544E3ACD941DB087B631174CB0C_label_en-US" xlink:label="lab_bk_NumberOfPrincipalBusinesses_0E44F544E3ACD941DB087B631174CB0C" 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_0E44F544E3ACD941DB087B631174CB0C_documentation_en-US" xlink:label="lab_bk_NumberOfPrincipalBusinesses_0E44F544E3ACD941DB087B631174CB0C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Number of Principal Businesses </link:label>
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<link:label id="lab_us-gaap_FixedIncomeSecuritiesMember_D6EEFEDC1C08928066627750D7D715D1_terseLabel_en-US" xlink:label="lab_us-gaap_FixedIncomeSecuritiesMember_D6EEFEDC1C08928066627750D7D715D1" 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_D6EEFEDC1C08928066627750D7D715D1_label_en-US" xlink:label="lab_us-gaap_FixedIncomeSecuritiesMember_D6EEFEDC1C08928066627750D7D715D1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fixed Income Securities [Member] </link:label>
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<link:label id="lab_us-gaap_CashAndCashEquivalentsMember_AA3335719199F82915947750D7D7B4CD_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsMember_AA3335719199F82915947750D7D7B4CD" 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_AA3335719199F82915947750D7D7B4CD_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsMember_AA3335719199F82915947750D7D7B4CD" 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_DefinedContributionPlanNameAxis_6DFD1CA6E1237D797DB27750D7D77BA3_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanNameAxis_6DFD1CA6E1237D797DB27750D7D77BA3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Defined Contribution Plan Name [Axis] </link:label>
<link:label id="lab_us-gaap_DefinedContributionPlanNameAxis_6DFD1CA6E1237D797DB27750D7D77BA3_label_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanNameAxis_6DFD1CA6E1237D797DB27750D7D77BA3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Contribution Plan Name [Axis] </link:label>
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<link:label id="lab_us-gaap_DefinedContributionPlanNameDomain_842F80690C3E7D7F5C567750D7D7476C_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanNameDomain_842F80690C3E7D7F5C567750D7D7476C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Defined Contribution Plan Name [Domain] </link:label>
<link:label id="lab_us-gaap_DefinedContributionPlanNameDomain_842F80690C3E7D7F5C567750D7D7476C_label_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanNameDomain_842F80690C3E7D7F5C567750D7D7476C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Contribution Plan Name [Domain] </link:label>
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<link:label id="lab_bk_TheBankofNewYorkMellonCorporation401kSavingsPlanMember_FA7EC4E2B998E4AE94137750D7D78CEF_terseLabel_en-US" xlink:label="lab_bk_TheBankofNewYorkMellonCorporation401kSavingsPlanMember_FA7EC4E2B998E4AE94137750D7D78CEF" 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_FA7EC4E2B998E4AE94137750D7D78CEF_label_en-US" xlink:label="lab_bk_TheBankofNewYorkMellonCorporation401kSavingsPlanMember_FA7EC4E2B998E4AE94137750D7D78CEF" 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>
<link:label id="lab_bk_TheBankofNewYorkMellonCorporation401kSavingsPlanMember_FA7EC4E2B998E4AE94137750D7D78CEF_documentation_en-US" xlink:label="lab_bk_TheBankofNewYorkMellonCorporation401kSavingsPlanMember_FA7EC4E2B998E4AE94137750D7D78CEF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The Bank of New York Mellon Corporation 401(k) Savings Plan [Member] </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_TheBankofNewYorkMellonCorporation401kSavingsPlanMember" xlink:label="loc_bk_TheBankofNewYorkMellonCorporation401kSavingsPlanMember_FA7EC4E2B998E4AE94137750D7D78CEF" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation_9E705C5E16C2604C8AE27750D7D85231_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation_9E705C5E16C2604C8AE27750D7D85231" 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>
<link:label id="lab_us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation_9E705C5E16C2604C8AE27750D7D85231_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation_9E705C5E16C2604C8AE27750D7D85231" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Accumulated Benefit Obligation </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation" xlink:label="loc_us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation_9E705C5E16C2604C8AE27750D7D85231" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation_9E705C5E16C2604C8AE27750D7D85231" xlink:to="lab_us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation_9E705C5E16C2604C8AE27750D7D85231" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear_60FF24B1112E6C8B236F7750D7D8956A_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear_60FF24B1112E6C8B236F7750D7D8956A" 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 2017 (percent) </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear_60FF24B1112E6C8B236F7750D7D8956A_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear_60FF24B1112E6C8B236F7750D7D8956A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Health Care Cost Trend Rate Assumed for Next Fiscal Year </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear" xlink:label="loc_us-gaap_DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear_60FF24B1112E6C8B236F7750D7D8956A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanUltimateHealthCareCostTrendRate_A52EB218AFB21589F8BB7750D7D8AF57_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanUltimateHealthCareCostTrendRate_A52EB218AFB21589F8BB7750D7D8AF57" 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 2022 (percent) </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanUltimateHealthCareCostTrendRate_A52EB218AFB21589F8BB7750D7D8AF57_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanUltimateHealthCareCostTrendRate_A52EB218AFB21589F8BB7750D7D8AF57" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Ultimate Health Care Cost Trend Rate </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation_F2B82776A5B9CDB571047750D7D8BC3D_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation_F2B82776A5B9CDB571047750D7D8BC3D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in the post-retirement benefit obligation as a result of an increase of one percentage point in the assumed medical trend rate (less than one million) </link:label>
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<link:label id="lab_bk_DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnPostretirementBenefitObligationPercentageIncrease_346883ED46ED8FF8AF937750D7D842FD_terseLabel_en-US" xlink:label="lab_bk_DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnPostretirementBenefitObligationPercentageIncrease_346883ED46ED8FF8AF937750D7D842FD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in the post-retirement benefit obligation as a result of an increase of one percentage point in the assumed medical trend rate, percentage increase (percent) </link:label>
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<link:label id="lab_bk_DefinedContributionPlanEmployerMatchingContributionNonElectiveContributionBasedonEarnings_45CBC9B175292F40285B7750D7D858A0_terseLabel_en-US" xlink:label="lab_bk_DefinedContributionPlanEmployerMatchingContributionNonElectiveContributionBasedonEarnings_45CBC9B175292F40285B7750D7D858A0" 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_45CBC9B175292F40285B7750D7D858A0_label_en-US" xlink:label="lab_bk_DefinedContributionPlanEmployerMatchingContributionNonElectiveContributionBasedonEarnings_45CBC9B175292F40285B7750D7D858A0" 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_45CBC9B175292F40285B7750D7D858A0_documentation_en-US" xlink:label="lab_bk_DefinedContributionPlanEmployerMatchingContributionNonElectiveContributionBasedonEarnings_45CBC9B175292F40285B7750D7D858A0" 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-20161231.xsd#bk_DefinedContributionPlanEmployerMatchingContributionNonElectiveContributionBasedonEarnings" xlink:label="loc_bk_DefinedContributionPlanEmployerMatchingContributionNonElectiveContributionBasedonEarnings_45CBC9B175292F40285B7750D7D858A0" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_9741593F3B54237B67647750D7D83749_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_9741593F3B54237B67647750D7D83749" 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_9741593F3B54237B67647750D7D83749_label_en-US" xlink:label="lab_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_9741593F3B54237B67647750D7D83749" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockCapitalSharesReservedForFutureIssuance" xlink:label="loc_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_9741593F3B54237B67647750D7D83749" xlink:type="locator"/>
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<link:label id="lab_bk_DefinedContributionPlanFairValueofPlanAssets_DC91D422FD20EB4AC90B7750D7D87AA6_terseLabel_en-US" xlink:label="lab_bk_DefinedContributionPlanFairValueofPlanAssets_DC91D422FD20EB4AC90B7750D7D87AA6" 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_DC91D422FD20EB4AC90B7750D7D87AA6_label_en-US" xlink:label="lab_bk_DefinedContributionPlanFairValueofPlanAssets_DC91D422FD20EB4AC90B7750D7D87AA6" 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_DC91D422FD20EB4AC90B7750D7D87AA6_documentation_en-US" xlink:label="lab_bk_DefinedContributionPlanFairValueofPlanAssets_DC91D422FD20EB4AC90B7750D7D87AA6" 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-20161231.xsd#bk_DefinedContributionPlanFairValueofPlanAssets" xlink:label="loc_bk_DefinedContributionPlanFairValueofPlanAssets_DC91D422FD20EB4AC90B7750D7D87AA6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_DefinedContributionPlanFairValueofPlanAssets_DC91D422FD20EB4AC90B7750D7D87AA6" xlink:to="lab_bk_DefinedContributionPlanFairValueofPlanAssets_DC91D422FD20EB4AC90B7750D7D87AA6" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedContributionPlanCostRecognized_68FDE4FD2C6FA22335697750D7D9069A_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanCostRecognized_68FDE4FD2C6FA22335697750D7D9069A" 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_68FDE4FD2C6FA22335697750D7D9069A_label_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanCostRecognized_68FDE4FD2C6FA22335697750D7D9069A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Contribution Plan, Cost Recognized </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedContributionPlanCostRecognized" xlink:label="loc_us-gaap_DefinedContributionPlanCostRecognized_68FDE4FD2C6FA22335697750D7D9069A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares_076DD53523A844E594D67750D7D9D936_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares_076DD53523A844E594D67750D7D9D936" 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_076DD53523A844E594D67750D7D9D936_label_en-US" xlink:label="lab_us-gaap_EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares_076DD53523A844E594D67750D7D9D936" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares" xlink:label="loc_us-gaap_EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares_076DD53523A844E594D67750D7D9D936" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EmployeeStockOwnershipPlanESOPDeferredSharesFairValue_C05415EDA960E6FF0D2C7750D7D95F82_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeStockOwnershipPlanESOPDeferredSharesFairValue_C05415EDA960E6FF0D2C7750D7D95F82" 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_C05415EDA960E6FF0D2C7750D7D95F82_label_en-US" xlink:label="lab_us-gaap_EmployeeStockOwnershipPlanESOPDeferredSharesFairValue_C05415EDA960E6FF0D2C7750D7D95F82" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EmployeeStockOwnershipPlanESOPDeferredSharesFairValue" xlink:label="loc_us-gaap_EmployeeStockOwnershipPlanESOPDeferredSharesFairValue_C05415EDA960E6FF0D2C7750D7D95F82" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeStockOwnershipPlanESOPDeferredSharesFairValue_C05415EDA960E6FF0D2C7750D7D95F82" xlink:to="lab_us-gaap_EmployeeStockOwnershipPlanESOPDeferredSharesFairValue_C05415EDA960E6FF0D2C7750D7D95F82" xlink:type="arc"/>
<link:label id="lab_bk_FairValueHedgeOfSecuritiesMember_D03E8B7808923534550F3F11BF98C900_terseLabel_en-US" xlink:label="lab_bk_FairValueHedgeOfSecuritiesMember_E9C0AD5A0A0A53C2B9D30C1C09C38BB9" 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_D03E8B7808923534550F3F11BF98C900_label_en-US" xlink:label="lab_bk_FairValueHedgeOfSecuritiesMember_E9C0AD5A0A0A53C2B9D30C1C09C38BB9" 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_D03E8B7808923534550F3F11BF98C900_documentation_en-US" xlink:label="lab_bk_FairValueHedgeOfSecuritiesMember_E9C0AD5A0A0A53C2B9D30C1C09C38BB9" 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-20161231.xsd#bk_FairValueHedgeOfSecuritiesMember" xlink:label="loc_bk_FairValueHedgeOfSecuritiesMember_E9C0AD5A0A0A53C2B9D30C1C09C38BB9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_FairValueHedgeOfSecuritiesMember_E9C0AD5A0A0A53C2B9D30C1C09C38BB9" xlink:to="lab_bk_FairValueHedgeOfSecuritiesMember_E9C0AD5A0A0A53C2B9D30C1C09C38BB9" xlink:type="arc"/>
<link:label id="lab_bk_FairValueHedgeOfLongTermDebtMember_ACD95BBEA212693720CE3F11BF982815_terseLabel_en-US" xlink:label="lab_bk_FairValueHedgeOfLongTermDebtMember_A4ABF1EDE44E5726B46B5D264D92554B" 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_ACD95BBEA212693720CE3F11BF982815_label_en-US" xlink:label="lab_bk_FairValueHedgeOfLongTermDebtMember_A4ABF1EDE44E5726B46B5D264D92554B" 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_ACD95BBEA212693720CE3F11BF982815_documentation_en-US" xlink:label="lab_bk_FairValueHedgeOfLongTermDebtMember_A4ABF1EDE44E5726B46B5D264D92554B" 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-20161231.xsd#bk_FairValueHedgeOfLongTermDebtMember" xlink:label="loc_bk_FairValueHedgeOfLongTermDebtMember_A4ABF1EDE44E5726B46B5D264D92554B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherContractMember_D28FEB4E6CBDD86E3C553F2306AB5D1C_terseLabel_en-US" xlink:label="lab_us-gaap_OtherContractMember_D5B3AB5A7CA159E18419B39E10364C52" 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_D28FEB4E6CBDD86E3C553F2306AB5D1C_label_en-US" xlink:label="lab_us-gaap_OtherContractMember_D5B3AB5A7CA159E18419B39E10364C52" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherContractMember" xlink:label="loc_us-gaap_OtherContractMember_D5B3AB5A7CA159E18419B39E10364C52" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherContractMember_D5B3AB5A7CA159E18419B39E10364C52" xlink:to="lab_us-gaap_OtherContractMember_D5B3AB5A7CA159E18419B39E10364C52" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeNetHedgeIneffectivenessGainLoss_E1D03A8A07191668ED973F11BF9865E7_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeNetHedgeIneffectivenessGainLoss_73F3D06CF22A5D8CB8EC54852450A020" 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_E1D03A8A07191668ED973F11BF9865E7_label_en-US" xlink:label="lab_us-gaap_DerivativeNetHedgeIneffectivenessGainLoss_73F3D06CF22A5D8CB8EC54852450A020" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative, Net Hedge Ineffectiveness Gain (Loss) </link:label>
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<link:label id="lab_bk_AssetSecuritizationTextBlock_A0D0BE6EA0C8FE1E1D59959716B79CC5_terseLabel_en-US" xlink:label="lab_bk_AssetSecuritizationTextBlock_D0D375EDEED654F8938647C7C177BA4C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securitizations and variable interest entities </link:label>
<link:label id="lab_bk_AssetSecuritizationTextBlock_A0D0BE6EA0C8FE1E1D59959716B79CC5_label_en-US" xlink:label="lab_bk_AssetSecuritizationTextBlock_D0D375EDEED654F8938647C7C177BA4C" 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_A0D0BE6EA0C8FE1E1D59959716B79CC5_documentation_en-US" xlink:label="lab_bk_AssetSecuritizationTextBlock_D0D375EDEED654F8938647C7C177BA4C" 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), including consolidation of VIEs and credit support that has been provided. </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_AssetSecuritizationTextBlock" xlink:label="loc_bk_AssetSecuritizationTextBlock_D0D375EDEED654F8938647C7C177BA4C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_281D6896803831571F8577E04D5AC36B_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_281D6896803831571F8577E04D5AC36B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Summary of Stock Option Activity </link:label>
<link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_281D6896803831571F8577E04D5AC36B_label_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_281D6896803831571F8577E04D5AC36B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_281D6896803831571F8577E04D5AC36B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock_6BC62173E63D8A43242377E04D5ADC77_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock_6BC62173E63D8A43242377E04D5ADC77" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stock Options Outstanding </link:label>
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<link:label id="lab_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_1795F4297314655CA75D77E04D5A66A9_label_en-US" xlink:label="lab_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_1795F4297314655CA75D77E04D5A66A9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block] </link:label>
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<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseAbstract_08760F813D2C255469194CE0CA01B92C_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseAbstract_08760F813D2C255469194CE0CA01B92C" 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_08760F813D2C255469194CE0CA01B92C_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseAbstract_08760F813D2C255469194CE0CA01B92C" 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>
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<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_07A8C59E9672A40AED244CE0CA01996D_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_07A8C59E9672A40AED244CE0CA01996D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2017 </link:label>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_07A8C59E9672A40AED244CE0CA01996D_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_07A8C59E9672A40AED244CE0CA01996D" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_07A8C59E9672A40AED244CE0CA01996D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_7394D5C4B4EFF3A99D524CE0CA01B8B5_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_7394D5C4B4EFF3A99D524CE0CA01B8B5" 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_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_7394D5C4B4EFF3A99D524CE0CA01B8B5_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_7394D5C4B4EFF3A99D524CE0CA01B8B5" 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>
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<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_5F3AF7DB521513A709244CE0CA01B74D_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_5F3AF7DB521513A709244CE0CA01B74D" 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_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_5F3AF7DB521513A709244CE0CA01B74D_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_5F3AF7DB521513A709244CE0CA01B74D" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_5F3AF7DB521513A709244CE0CA01B74D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_3F058633F90C990A91F34CE0CA01E8CE_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_3F058633F90C990A91F34CE0CA01E8CE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2020 </link:label>
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<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_BEF1C156FC38716008814CE0CA01CF08_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_BEF1C156FC38716008814CE0CA01CF08" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2021 </link:label>
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<link:label id="lab_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsRollForward_AFECC44F73ACC95C5B35F54206712A01_terseLabel_en-US" xlink:label="lab_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsRollForward_AFECC44F73ACC95C5B35F54206712A01" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other than Temporary Impairment [Roll Forward] </link:label>
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<link:label id="lab_bk_EuropeanFloatingRateNotesMember_AED8D710CAB876EFEC225BFDBC3437C2_terseLabel_en-US" xlink:label="lab_bk_EuropeanFloatingRateNotesMember_AED8D710CAB876EFEC225BFDBC3437C2" 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_AED8D710CAB876EFEC225BFDBC3437C2_label_en-US" xlink:label="lab_bk_EuropeanFloatingRateNotesMember_AED8D710CAB876EFEC225BFDBC3437C2" 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_AED8D710CAB876EFEC225BFDBC3437C2_documentation_en-US" xlink:label="lab_bk_EuropeanFloatingRateNotesMember_AED8D710CAB876EFEC225BFDBC3437C2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> European floating rate notes </link:label>
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<link:label id="lab_bk_GrantorTrustAltResidentialMortgageBackedSecuritiesMember_7ABC0654395C21D8C04A5BFDBC3417E5_terseLabel_en-US" xlink:label="lab_bk_GrantorTrustAltResidentialMortgageBackedSecuritiesMember_7ABC0654395C21D8C04A5BFDBC3417E5" 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_7ABC0654395C21D8C04A5BFDBC3417E5_label_en-US" xlink:label="lab_bk_GrantorTrustAltResidentialMortgageBackedSecuritiesMember_7ABC0654395C21D8C04A5BFDBC3417E5" 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_7ABC0654395C21D8C04A5BFDBC3417E5_documentation_en-US" xlink:label="lab_bk_GrantorTrustAltResidentialMortgageBackedSecuritiesMember_7ABC0654395C21D8C04A5BFDBC3417E5" 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>
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<link:label id="lab_bk_AaaAndAaMinusCreditRatingMember_A900DE829D4ACDA5A1D65BFDBC34E9E3_terseLabel_en-US" xlink:label="lab_bk_AaaAndAaMinusCreditRatingMember_A900DE829D4ACDA5A1D65BFDBC34E9E3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> AAA/ AA- </link:label>
<link:label id="lab_bk_AaaAndAaMinusCreditRatingMember_A900DE829D4ACDA5A1D65BFDBC34E9E3_label_en-US" xlink:label="lab_bk_AaaAndAaMinusCreditRatingMember_A900DE829D4ACDA5A1D65BFDBC34E9E3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> AAA And AA Minus Credit Rating [Member] </link:label>
<link:label id="lab_bk_AaaAndAaMinusCreditRatingMember_A900DE829D4ACDA5A1D65BFDBC34E9E3_documentation_en-US" xlink:label="lab_bk_AaaAndAaMinusCreditRatingMember_A900DE829D4ACDA5A1D65BFDBC34E9E3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> AAA And AA Minus Credit Rating [Member] </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_AaaAndAaMinusCreditRatingMember" xlink:label="loc_bk_AaaAndAaMinusCreditRatingMember_A900DE829D4ACDA5A1D65BFDBC34E9E3" xlink:type="locator"/>
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<link:label id="lab_bk_PlusAndMinusCreditRatingMember_EF050311B2C5A85D46055BFDBC34E91C_terseLabel_en-US" xlink:label="lab_bk_PlusAndMinusCreditRatingMember_EF050311B2C5A85D46055BFDBC34E91C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> A/ A- </link:label>
<link:label id="lab_bk_PlusAndMinusCreditRatingMember_EF050311B2C5A85D46055BFDBC34E91C_label_en-US" xlink:label="lab_bk_PlusAndMinusCreditRatingMember_EF050311B2C5A85D46055BFDBC34E91C" 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_EF050311B2C5A85D46055BFDBC34E91C_documentation_en-US" xlink:label="lab_bk_PlusAndMinusCreditRatingMember_EF050311B2C5A85D46055BFDBC34E91C" 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>
<link:loc xlink:href="bk-20161231.xsd#bk_PlusAndMinusCreditRatingMember" xlink:label="loc_bk_PlusAndMinusCreditRatingMember_EF050311B2C5A85D46055BFDBC34E91C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_PlusAndMinusCreditRatingMember_EF050311B2C5A85D46055BFDBC34E91C" xlink:to="lab_bk_PlusAndMinusCreditRatingMember_EF050311B2C5A85D46055BFDBC34E91C" xlink:type="arc"/>
<link:label id="lab_bk_BBBPlusAndBBBMinusCreditRatingMember_2AB3C4F802928EA0FD1A5BFDBC346F46_terseLabel_en-US" xlink:label="lab_bk_BBBPlusAndBBBMinusCreditRatingMember_2AB3C4F802928EA0FD1A5BFDBC346F46" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> BBB/ BBB- </link:label>
<link:label id="lab_bk_BBBPlusAndBBBMinusCreditRatingMember_2AB3C4F802928EA0FD1A5BFDBC346F46_label_en-US" xlink:label="lab_bk_BBBPlusAndBBBMinusCreditRatingMember_2AB3C4F802928EA0FD1A5BFDBC346F46" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> B B B Plus And B B B Minus Credit Rating [Member] </link:label>
<link:label id="lab_bk_BBBPlusAndBBBMinusCreditRatingMember_2AB3C4F802928EA0FD1A5BFDBC346F46_documentation_en-US" xlink:label="lab_bk_BBBPlusAndBBBMinusCreditRatingMember_2AB3C4F802928EA0FD1A5BFDBC346F46" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> BBB Plus and BBB Minus Credit Rating [Member] </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_BBBPlusAndBBBMinusCreditRatingMember" xlink:label="loc_bk_BBBPlusAndBBBMinusCreditRatingMember_2AB3C4F802928EA0FD1A5BFDBC346F46" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_BBBPlusAndBBBMinusCreditRatingMember_2AB3C4F802928EA0FD1A5BFDBC346F46" xlink:to="lab_bk_BBBPlusAndBBBMinusCreditRatingMember_2AB3C4F802928EA0FD1A5BFDBC346F46" xlink:type="arc"/>
<link:label id="lab_bk_BBPlusAndLowerCreditRatingMember_0FE77721B0ED87F4A1795BFDBC39BE71_terseLabel_en-US" xlink:label="lab_bk_BBPlusAndLowerCreditRatingMember_0FE77721B0ED87F4A1795BFDBC39BE71" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> BB and lower </link:label>
<link:label id="lab_bk_BBPlusAndLowerCreditRatingMember_0FE77721B0ED87F4A1795BFDBC39BE71_label_en-US" xlink:label="lab_bk_BBPlusAndLowerCreditRatingMember_0FE77721B0ED87F4A1795BFDBC39BE71" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> B B Plus And Lower Credit Rating [Member] </link:label>
<link:label id="lab_bk_BBPlusAndLowerCreditRatingMember_0FE77721B0ED87F4A1795BFDBC39BE71_documentation_en-US" xlink:label="lab_bk_BBPlusAndLowerCreditRatingMember_0FE77721B0ED87F4A1795BFDBC39BE71" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> BB Plus and Lower Credit Rating [Member] </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_BBPlusAndLowerCreditRatingMember" xlink:label="loc_bk_BBPlusAndLowerCreditRatingMember_0FE77721B0ED87F4A1795BFDBC39BE71" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_BBPlusAndLowerCreditRatingMember_0FE77721B0ED87F4A1795BFDBC39BE71" xlink:to="lab_bk_BBPlusAndLowerCreditRatingMember_0FE77721B0ED87F4A1795BFDBC39BE71" xlink:type="arc"/>
<link:label id="lab_bk_SecuritiesByOriginationAxis_E816165EBCE555DB4EA75BFDBC3AAAE8_terseLabel_en-US" xlink:label="lab_bk_SecuritiesByOriginationAxis_E816165EBCE555DB4EA75BFDBC3AAAE8" 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_E816165EBCE555DB4EA75BFDBC3AAAE8_label_en-US" xlink:label="lab_bk_SecuritiesByOriginationAxis_E816165EBCE555DB4EA75BFDBC3AAAE8" 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_E816165EBCE555DB4EA75BFDBC3AAAE8_documentation_en-US" xlink:label="lab_bk_SecuritiesByOriginationAxis_E816165EBCE555DB4EA75BFDBC3AAAE8" 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-20161231.xsd#bk_SecuritiesByOriginationAxis" xlink:label="loc_bk_SecuritiesByOriginationAxis_E816165EBCE555DB4EA75BFDBC3AAAE8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SecuritiesByOriginationAxis_E816165EBCE555DB4EA75BFDBC3AAAE8" xlink:to="lab_bk_SecuritiesByOriginationAxis_E816165EBCE555DB4EA75BFDBC3AAAE8" xlink:type="arc"/>
<link:label id="lab_bk_SecuritiesByOriginationDomain_D29BD92DE1FEC39F7E115BFDBC3AD1A0_terseLabel_en-US" xlink:label="lab_bk_SecuritiesByOriginationDomain_D29BD92DE1FEC39F7E115BFDBC3AD1A0" 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_D29BD92DE1FEC39F7E115BFDBC3AD1A0_label_en-US" xlink:label="lab_bk_SecuritiesByOriginationDomain_D29BD92DE1FEC39F7E115BFDBC3AD1A0" 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_D29BD92DE1FEC39F7E115BFDBC3AD1A0_documentation_en-US" xlink:label="lab_bk_SecuritiesByOriginationDomain_D29BD92DE1FEC39F7E115BFDBC3AD1A0" 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-20161231.xsd#bk_SecuritiesByOriginationDomain" xlink:label="loc_bk_SecuritiesByOriginationDomain_D29BD92DE1FEC39F7E115BFDBC3AD1A0" xlink:type="locator"/>
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<link:label id="lab_bk_OriginationInTwentyZeroSevenMember_E38DE7A12D35F33179455BFDBC3ADF4E_terseLabel_en-US" xlink:label="lab_bk_OriginationInTwentyZeroSevenMember_E38DE7A12D35F33179455BFDBC3ADF4E" 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_E38DE7A12D35F33179455BFDBC3ADF4E_label_en-US" xlink:label="lab_bk_OriginationInTwentyZeroSevenMember_E38DE7A12D35F33179455BFDBC3ADF4E" 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_E38DE7A12D35F33179455BFDBC3ADF4E_documentation_en-US" xlink:label="lab_bk_OriginationInTwentyZeroSevenMember_E38DE7A12D35F33179455BFDBC3ADF4E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Origination in 2007 </link:label>
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<link:label id="lab_bk_OriginationInTwentyZeroSixMember_DA96E3541BB98EF8B23E5BFDBC3A9A2D_terseLabel_en-US" xlink:label="lab_bk_OriginationInTwentyZeroSixMember_DA96E3541BB98EF8B23E5BFDBC3A9A2D" 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_DA96E3541BB98EF8B23E5BFDBC3A9A2D_label_en-US" xlink:label="lab_bk_OriginationInTwentyZeroSixMember_DA96E3541BB98EF8B23E5BFDBC3A9A2D" 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_DA96E3541BB98EF8B23E5BFDBC3A9A2D_documentation_en-US" xlink:label="lab_bk_OriginationInTwentyZeroSixMember_DA96E3541BB98EF8B23E5BFDBC3A9A2D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Origination in 2006 </link:label>
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<link:label id="lab_bk_OriginationInTwentyZeroFiveMember_67CA533B7E80A85A8CBB5BFDBC3A61A4_terseLabel_en-US" xlink:label="lab_bk_OriginationInTwentyZeroFiveMember_67CA533B7E80A85A8CBB5BFDBC3A61A4" 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_67CA533B7E80A85A8CBB5BFDBC3A61A4_label_en-US" xlink:label="lab_bk_OriginationInTwentyZeroFiveMember_67CA533B7E80A85A8CBB5BFDBC3A61A4" 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_67CA533B7E80A85A8CBB5BFDBC3A61A4_documentation_en-US" xlink:label="lab_bk_OriginationInTwentyZeroFiveMember_67CA533B7E80A85A8CBB5BFDBC3A61A4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Origination in 2005 </link:label>
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<link:label id="lab_bk_OriginationInPreTwentyZeroFiveMember_54C8FBB30E957688BD565BFDBC3AD773_terseLabel_en-US" xlink:label="lab_bk_OriginationInPreTwentyZeroFiveMember_54C8FBB30E957688BD565BFDBC3AD773" 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_54C8FBB30E957688BD565BFDBC3AD773_label_en-US" xlink:label="lab_bk_OriginationInPreTwentyZeroFiveMember_54C8FBB30E957688BD565BFDBC3AD773" 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_54C8FBB30E957688BD565BFDBC3AD773_documentation_en-US" xlink:label="lab_bk_OriginationInPreTwentyZeroFiveMember_54C8FBB30E957688BD565BFDBC3AD773" 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-20161231.xsd#bk_OriginationInPreTwentyZeroFiveMember" xlink:label="loc_bk_OriginationInPreTwentyZeroFiveMember_54C8FBB30E957688BD565BFDBC3AD773" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OriginationInPreTwentyZeroFiveMember_54C8FBB30E957688BD565BFDBC3AD773" xlink:to="lab_bk_OriginationInPreTwentyZeroFiveMember_54C8FBB30E957688BD565BFDBC3AD773" xlink:type="arc"/>
<link:label id="lab_bk_SecuritiesOriginationBetween2009and2016Member_CB7EAE31E13D16BBFE085BFDBC3AEC9A_terseLabel_en-US" xlink:label="lab_bk_SecuritiesOriginationBetween2009and2016Member_CB7EAE31E13D16BBFE085BFDBC3AEC9A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2009-2016 </link:label>
<link:label id="lab_bk_SecuritiesOriginationBetween2009and2016Member_CB7EAE31E13D16BBFE085BFDBC3AEC9A_label_en-US" xlink:label="lab_bk_SecuritiesOriginationBetween2009and2016Member_CB7EAE31E13D16BBFE085BFDBC3AEC9A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities, Origination Between 2009 and 2016 [Member] </link:label>
<link:label id="lab_bk_SecuritiesOriginationBetween2009and2016Member_CB7EAE31E13D16BBFE085BFDBC3AEC9A_documentation_en-US" xlink:label="lab_bk_SecuritiesOriginationBetween2009and2016Member_CB7EAE31E13D16BBFE085BFDBC3AEC9A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securities, Origination Between 2009 and 2016 [Member] </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_SecuritiesOriginationBetween2009and2016Member" xlink:label="loc_bk_SecuritiesOriginationBetween2009and2016Member_CB7EAE31E13D16BBFE085BFDBC3AEC9A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SecuritiesOriginationBetween2009and2016Member_CB7EAE31E13D16BBFE085BFDBC3AEC9A" xlink:to="lab_bk_SecuritiesOriginationBetween2009and2016Member_CB7EAE31E13D16BBFE085BFDBC3AEC9A" xlink:type="arc"/>
<link:label id="lab_bk_OriginationInTwentyZeroEightMember_9F2B062EDFC0DCE5405F5BFDBC3A7001_terseLabel_en-US" xlink:label="lab_bk_OriginationInTwentyZeroEightMember_9F2B062EDFC0DCE5405F5BFDBC3A7001" 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_9F2B062EDFC0DCE5405F5BFDBC3A7001_label_en-US" xlink:label="lab_bk_OriginationInTwentyZeroEightMember_9F2B062EDFC0DCE5405F5BFDBC3A7001" 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_9F2B062EDFC0DCE5405F5BFDBC3A7001_documentation_en-US" xlink:label="lab_bk_OriginationInTwentyZeroEightMember_9F2B062EDFC0DCE5405F5BFDBC3A7001" 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-20161231.xsd#bk_OriginationInTwentyZeroEightMember" xlink:label="loc_bk_OriginationInTwentyZeroEightMember_9F2B062EDFC0DCE5405F5BFDBC3A7001" xlink:type="locator"/>
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<link:label id="lab_country_CA_F2056616777002482AA75BFDBC3A2860_terseLabel_en-US" xlink:label="lab_country_CA_F2056616777002482AA75BFDBC3A2860" 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_F2056616777002482AA75BFDBC3A2860_label_en-US" xlink:label="lab_country_CA_F2056616777002482AA75BFDBC3A2860" 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/2016/country-2016-01-31.xsd#country_CA" xlink:label="loc_country_CA_F2056616777002482AA75BFDBC3A2860" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_CA_F2056616777002482AA75BFDBC3A2860" xlink:to="lab_country_CA_F2056616777002482AA75BFDBC3A2860" xlink:type="arc"/>
<link:label id="lab_country_FR_27C259CD368C5AC02E505BFDBC3BE0E5_terseLabel_en-US" xlink:label="lab_country_FR_27C259CD368C5AC02E505BFDBC3BE0E5" 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_27C259CD368C5AC02E505BFDBC3BE0E5_label_en-US" xlink:label="lab_country_FR_27C259CD368C5AC02E505BFDBC3BE0E5" 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/2016/country-2016-01-31.xsd#country_FR" xlink:label="loc_country_FR_27C259CD368C5AC02E505BFDBC3BE0E5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_FR_27C259CD368C5AC02E505BFDBC3BE0E5" xlink:to="lab_country_FR_27C259CD368C5AC02E505BFDBC3BE0E5" xlink:type="arc"/>
<link:label id="lab_country_ES_F3490A001C0DEBDA81565BFDBC3BC1F4_terseLabel_en-US" xlink:label="lab_country_ES_F3490A001C0DEBDA81565BFDBC3BC1F4" 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_F3490A001C0DEBDA81565BFDBC3BC1F4_label_en-US" xlink:label="lab_country_ES_F3490A001C0DEBDA81565BFDBC3BC1F4" 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/2016/country-2016-01-31.xsd#country_ES" xlink:label="loc_country_ES_F3490A001C0DEBDA81565BFDBC3BC1F4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_ES_F3490A001C0DEBDA81565BFDBC3BC1F4" xlink:to="lab_country_ES_F3490A001C0DEBDA81565BFDBC3BC1F4" xlink:type="arc"/>
<link:label id="lab_country_DE_A0BDA38F81CC27AF27595BFDBC3B126C_terseLabel_en-US" xlink:label="lab_country_DE_A0BDA38F81CC27AF27595BFDBC3B126C" 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_A0BDA38F81CC27AF27595BFDBC3B126C_label_en-US" xlink:label="lab_country_DE_A0BDA38F81CC27AF27595BFDBC3B126C" 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/2016/country-2016-01-31.xsd#country_DE" xlink:label="loc_country_DE_A0BDA38F81CC27AF27595BFDBC3B126C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_DE_A0BDA38F81CC27AF27595BFDBC3B126C" xlink:to="lab_country_DE_A0BDA38F81CC27AF27595BFDBC3B126C" xlink:type="arc"/>
<link:label id="lab_country_IT_B38BE43BB8DBB1DB270E5BFDBC3B02CA_terseLabel_en-US" xlink:label="lab_country_IT_B38BE43BB8DBB1DB270E5BFDBC3B02CA" 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_B38BE43BB8DBB1DB270E5BFDBC3B02CA_label_en-US" xlink:label="lab_country_IT_B38BE43BB8DBB1DB270E5BFDBC3B02CA" 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/2016/country-2016-01-31.xsd#country_IT" xlink:label="loc_country_IT_B38BE43BB8DBB1DB270E5BFDBC3B02CA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_IT_B38BE43BB8DBB1DB270E5BFDBC3B02CA" xlink:to="lab_country_IT_B38BE43BB8DBB1DB270E5BFDBC3B02CA" xlink:type="arc"/>
<link:label id="lab_country_NL_FAD280CF824CA7222F405BFDBC3B93A6_terseLabel_en-US" xlink:label="lab_country_NL_FAD280CF824CA7222F405BFDBC3B93A6" 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_FAD280CF824CA7222F405BFDBC3B93A6_label_en-US" xlink:label="lab_country_NL_FAD280CF824CA7222F405BFDBC3B93A6" 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/2016/country-2016-01-31.xsd#country_NL" xlink:label="loc_country_NL_FAD280CF824CA7222F405BFDBC3B93A6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_NL_FAD280CF824CA7222F405BFDBC3B93A6" xlink:to="lab_country_NL_FAD280CF824CA7222F405BFDBC3B93A6" xlink:type="arc"/>
<link:label id="lab_country_BE_5F7B5380E0331599425D5BFDBC408A61_terseLabel_en-US" xlink:label="lab_country_BE_5F7B5380E0331599425D5BFDBC408A61" 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_5F7B5380E0331599425D5BFDBC408A61_label_en-US" xlink:label="lab_country_BE_5F7B5380E0331599425D5BFDBC408A61" 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/2016/country-2016-01-31.xsd#country_BE" xlink:label="loc_country_BE_5F7B5380E0331599425D5BFDBC408A61" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_BE_5F7B5380E0331599425D5BFDBC408A61" xlink:to="lab_country_BE_5F7B5380E0331599425D5BFDBC408A61" xlink:type="arc"/>
<link:label id="lab_country_IE_F33C1BE2D14927012D375BFDBC4086A1_terseLabel_en-US" xlink:label="lab_country_IE_F33C1BE2D14927012D375BFDBC4086A1" 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_F33C1BE2D14927012D375BFDBC4086A1_label_en-US" xlink:label="lab_country_IE_F33C1BE2D14927012D375BFDBC4086A1" 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/2016/country-2016-01-31.xsd#country_IE" xlink:label="loc_country_IE_F33C1BE2D14927012D375BFDBC4086A1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_IE_F33C1BE2D14927012D375BFDBC4086A1" xlink:to="lab_country_IE_F33C1BE2D14927012D375BFDBC4086A1" xlink:type="arc"/>
<link:label id="lab_bk_OtherCountriesMember_9F2247C05A06456B86AB5BFDBC4065D2_terseLabel_en-US" xlink:label="lab_bk_OtherCountriesMember_9F2247C05A06456B86AB5BFDBC4065D2" 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_9F2247C05A06456B86AB5BFDBC4065D2_label_en-US" xlink:label="lab_bk_OtherCountriesMember_9F2247C05A06456B86AB5BFDBC4065D2" 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_9F2247C05A06456B86AB5BFDBC4065D2_documentation_en-US" xlink:label="lab_bk_OtherCountriesMember_9F2247C05A06456B86AB5BFDBC4065D2" 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-20161231.xsd#bk_OtherCountriesMember" xlink:label="loc_bk_OtherCountriesMember_9F2247C05A06456B86AB5BFDBC4065D2" xlink:type="locator"/>
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<link:label id="lab_country_BR_F4B9EC6B9A2DD84711775BFDBC408488_terseLabel_en-US" xlink:label="lab_country_BR_F4B9EC6B9A2DD84711775BFDBC408488" 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_F4B9EC6B9A2DD84711775BFDBC408488_label_en-US" xlink:label="lab_country_BR_F4B9EC6B9A2DD84711775BFDBC408488" 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/2016/country-2016-01-31.xsd#country_BR" xlink:label="loc_country_BR_F4B9EC6B9A2DD84711775BFDBC408488" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_BR_F4B9EC6B9A2DD84711775BFDBC408488" xlink:to="lab_country_BR_F4B9EC6B9A2DD84711775BFDBC408488" xlink:type="arc"/>
<link:label id="lab_bk_PercentageOfTotalFairValue_74832DF606A16756D90D5BFDBC41B6D3_terseLabel_en-US" xlink:label="lab_bk_PercentageOfTotalFairValue_74832DF606A16756D90D5BFDBC41B6D3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Ratings </link:label>
<link:label id="lab_bk_PercentageOfTotalFairValue_74832DF606A16756D90D5BFDBC41B6D3_label_en-US" xlink:label="lab_bk_PercentageOfTotalFairValue_74832DF606A16756D90D5BFDBC41B6D3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Percentage Of Total Fair Value </link:label>
<link:label id="lab_bk_PercentageOfTotalFairValue_74832DF606A16756D90D5BFDBC41B6D3_documentation_en-US" xlink:label="lab_bk_PercentageOfTotalFairValue_74832DF606A16756D90D5BFDBC41B6D3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Percentage of total fair value </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_PercentageOfTotalFairValue" xlink:label="loc_bk_PercentageOfTotalFairValue_74832DF606A16756D90D5BFDBC41B6D3" xlink:type="locator"/>
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<link:label id="lab_bk_InternationalActivitiesDisclosureTextBlock_3E1E95150D273FC1D3A648135A57B6AA_terseLabel_en-US" xlink:label="lab_bk_InternationalActivitiesDisclosureTextBlock_3E1E95150D273FC1D3A648135A57B6AA" 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_3E1E95150D273FC1D3A648135A57B6AA_label_en-US" xlink:label="lab_bk_InternationalActivitiesDisclosureTextBlock_3E1E95150D273FC1D3A648135A57B6AA" 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_3E1E95150D273FC1D3A648135A57B6AA_documentation_en-US" xlink:label="lab_bk_InternationalActivitiesDisclosureTextBlock_3E1E95150D273FC1D3A648135A57B6AA" 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-20161231.xsd#bk_InternationalActivitiesDisclosureTextBlock" xlink:label="loc_bk_InternationalActivitiesDisclosureTextBlock_3E1E95150D273FC1D3A648135A57B6AA" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_9730462343311D04D5D696B7FF3C6AC8_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_31119F549BBA5A9DAA91A46A4C23F5D5" 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_9730462343311D04D5D696B7FF3C6AC8_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_31119F549BBA5A9DAA91A46A4C23F5D5" 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>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" xlink:label="loc_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_31119F549BBA5A9DAA91A46A4C23F5D5" xlink:type="locator"/>
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<link:label id="lab_bk_PrivateEquitiesMember_7667AFD5B6509EB59BCE727DA373EAD7_terseLabel_en-US" xlink:label="lab_bk_PrivateEquitiesMember_7667AFD5B6509EB59BCE727DA373EAD7" 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_7667AFD5B6509EB59BCE727DA373EAD7_label_en-US" xlink:label="lab_bk_PrivateEquitiesMember_7667AFD5B6509EB59BCE727DA373EAD7" 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_7667AFD5B6509EB59BCE727DA373EAD7_documentation_en-US" xlink:label="lab_bk_PrivateEquitiesMember_7667AFD5B6509EB59BCE727DA373EAD7" 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-20161231.xsd#bk_PrivateEquitiesMember" xlink:label="loc_bk_PrivateEquitiesMember_7667AFD5B6509EB59BCE727DA373EAD7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_PrivateEquitiesMember_7667AFD5B6509EB59BCE727DA373EAD7" xlink:to="lab_bk_PrivateEquitiesMember_7667AFD5B6509EB59BCE727DA373EAD7" xlink:type="arc"/>
<link:label id="lab_bk_AlternativeInvestmentsMember_3C2C25EF2468960BC819727DA37352D0_terseLabel_en-US" xlink:label="lab_bk_AlternativeInvestmentsMember_3C2C25EF2468960BC819727DA37352D0" 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_3C2C25EF2468960BC819727DA37352D0_label_en-US" xlink:label="lab_bk_AlternativeInvestmentsMember_3C2C25EF2468960BC819727DA37352D0" 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_3C2C25EF2468960BC819727DA37352D0_documentation_en-US" xlink:label="lab_bk_AlternativeInvestmentsMember_3C2C25EF2468960BC819727DA37352D0" 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-20161231.xsd#bk_AlternativeInvestmentsMember" xlink:label="loc_bk_AlternativeInvestmentsMember_3C2C25EF2468960BC819727DA37352D0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AlternativeInvestmentsMember_3C2C25EF2468960BC819727DA37352D0" xlink:to="lab_bk_AlternativeInvestmentsMember_3C2C25EF2468960BC819727DA37352D0" xlink:type="arc"/>
<link:label id="lab_us-gaap_RealEstateFundsMember_0FC43CC13FE535D3408A727DA373A264_verboseLabel_en-US" xlink:label="lab_us-gaap_RealEstateFundsMember_0FC43CC13FE535D3408A727DA373A264" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Real Estate </link:label>
<link:label id="lab_us-gaap_RealEstateFundsMember_0FC43CC13FE535D3408A727DA373A264_label_en-US" xlink:label="lab_us-gaap_RealEstateFundsMember_0FC43CC13FE535D3408A727DA373A264" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Real Estate Funds [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RealEstateFundsMember" xlink:label="loc_us-gaap_RealEstateFundsMember_0FC43CC13FE535D3408A727DA373A264" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RealEstateFundsMember_0FC43CC13FE535D3408A727DA373A264" xlink:to="lab_us-gaap_RealEstateFundsMember_0FC43CC13FE535D3408A727DA373A264" xlink:type="arc"/>
<link:label id="lab_us-gaap_CashMember_5A0C2B62EC85907FC236727DA373DDF1_terseLabel_en-US" xlink:label="lab_us-gaap_CashMember_5A0C2B62EC85907FC236727DA373DDF1" 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_5A0C2B62EC85907FC236727DA373DDF1_label_en-US" xlink:label="lab_us-gaap_CashMember_5A0C2B62EC85907FC236727DA373DDF1" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashMember" xlink:label="loc_us-gaap_CashMember_5A0C2B62EC85907FC236727DA373DDF1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashMember_5A0C2B62EC85907FC236727DA373DDF1" xlink:to="lab_us-gaap_CashMember_5A0C2B62EC85907FC236727DA373DDF1" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanWeightedAverageAssetAllocations_1F27F66BAE314CCC1CD4727DA373E824_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanWeightedAverageAssetAllocations_1F27F66BAE314CCC1CD4727DA373E824" 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_1F27F66BAE314CCC1CD4727DA373E824_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanWeightedAverageAssetAllocations_1F27F66BAE314CCC1CD4727DA373E824" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanWeightedAverageAssetAllocations" xlink:label="loc_us-gaap_DefinedBenefitPlanWeightedAverageAssetAllocations_1F27F66BAE314CCC1CD4727DA373E824" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock_759A1CA3A18F008B900E482BC9399866_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock_759A1CA3A18F008B900E482BC9399866" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign Revenue, Income before Income Taxes, Net Income and Assets from Foreign Operations </link:label>
<link:label id="lab_us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock_759A1CA3A18F008B900E482BC9399866_label_en-US" xlink:label="lab_us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock_759A1CA3A18F008B900E482BC9399866" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock" xlink:label="loc_us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock_759A1CA3A18F008B900E482BC9399866" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock_759A1CA3A18F008B900E482BC9399866" xlink:to="lab_us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock_759A1CA3A18F008B900E482BC9399866" xlink:type="arc"/>
<link:label id="lab_us-gaap_ConsolidationItemsAxis_D8A854F1F0A30B80F3B41A82895A16B5_terseLabel_en-US" xlink:label="lab_us-gaap_ConsolidationItemsAxis_D8A854F1F0A30B80F3B41A82895A16B5" 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_D8A854F1F0A30B80F3B41A82895A16B5_label_en-US" xlink:label="lab_us-gaap_ConsolidationItemsAxis_D8A854F1F0A30B80F3B41A82895A16B5" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidationItemsAxis" xlink:label="loc_us-gaap_ConsolidationItemsAxis_D8A854F1F0A30B80F3B41A82895A16B5" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ConsolidationItemsDomain_E20E212184DE0AB17B551A82895A62DD_terseLabel_en-US" xlink:label="lab_us-gaap_ConsolidationItemsDomain_E20E212184DE0AB17B551A82895A62DD" 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_E20E212184DE0AB17B551A82895A62DD_label_en-US" xlink:label="lab_us-gaap_ConsolidationItemsDomain_E20E212184DE0AB17B551A82895A62DD" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidationItemsDomain" xlink:label="loc_us-gaap_ConsolidationItemsDomain_E20E212184DE0AB17B551A82895A62DD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConsolidationItemsDomain_E20E212184DE0AB17B551A82895A62DD" xlink:to="lab_us-gaap_ConsolidationItemsDomain_E20E212184DE0AB17B551A82895A62DD" xlink:type="arc"/>
<link:label id="lab_us-gaap_OperatingSegmentsMember_077F141FD21AE7728F901A82895BE754_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingSegmentsMember_077F141FD21AE7728F901A82895BE754" 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_077F141FD21AE7728F901A82895BE754_label_en-US" xlink:label="lab_us-gaap_OperatingSegmentsMember_077F141FD21AE7728F901A82895BE754" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingSegmentsMember" xlink:label="loc_us-gaap_OperatingSegmentsMember_077F141FD21AE7728F901A82895BE754" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingSegmentsMember_077F141FD21AE7728F901A82895BE754" xlink:to="lab_us-gaap_OperatingSegmentsMember_077F141FD21AE7728F901A82895BE754" xlink:type="arc"/>
<link:label id="lab_us-gaap_NoninterestIncome_A9F88785BBD6B2E2120D1A82895D74EF_terseLabel_en-US" xlink:label="lab_us-gaap_NoninterestIncome_A9F88785BBD6B2E2120D1A82895D74EF" 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_NoninterestIncome_A9F88785BBD6B2E2120D1A82895D74EF_label_en-US" xlink:label="lab_us-gaap_NoninterestIncome_A9F88785BBD6B2E2120D1A82895D74EF" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NoninterestIncome" xlink:label="loc_us-gaap_NoninterestIncome_A9F88785BBD6B2E2120D1A82895D74EF" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestIncomeExpenseNet_27A972995071124D2A321A82895D4422_terseLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeExpenseNet_27A972995071124D2A321A82895D4422" 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_InterestIncomeExpenseNet_27A972995071124D2A321A82895D4422_label_en-US" xlink:label="lab_us-gaap_InterestIncomeExpenseNet_27A972995071124D2A321A82895D4422" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestIncomeExpenseNet" xlink:label="loc_us-gaap_InterestIncomeExpenseNet_27A972995071124D2A321A82895D4422" xlink:type="locator"/>
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<link:label id="lab_us-gaap_Revenues_5EA0EC433CE57DC349C51A82895D3B59_totalLabel_en-US" xlink:label="lab_us-gaap_Revenues_5EA0EC433CE57DC349C51A82895D3B59" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Revenues" xlink:label="loc_us-gaap_Revenues_5EA0EC433CE57DC349C51A82895D3B59" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ProvisionForLoanLeaseAndOtherLosses_16E1D8DF36B2556CA1621A82895D5378_verboseLabel_en-US" xlink:label="lab_us-gaap_ProvisionForLoanLeaseAndOtherLosses_16E1D8DF36B2556CA1621A82895D5378" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Provision for credit losses </link:label>
<link:label id="lab_us-gaap_ProvisionForLoanLeaseAndOtherLosses_16E1D8DF36B2556CA1621A82895D5378_label_en-US" xlink:label="lab_us-gaap_ProvisionForLoanLeaseAndOtherLosses_16E1D8DF36B2556CA1621A82895D5378" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProvisionForLoanLeaseAndOtherLosses" xlink:label="loc_us-gaap_ProvisionForLoanLeaseAndOtherLosses_16E1D8DF36B2556CA1621A82895D5378" xlink:type="locator"/>
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<link:label id="lab_bk_NoninterestExpenseIncludingNoncontrollingInterest_F88E2F2CFF84D456B34B1A82895EF008_terseLabel_en-US" xlink:label="lab_bk_NoninterestExpenseIncludingNoncontrollingInterest_F88E2F2CFF84D456B34B1A82895EF008" 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_F88E2F2CFF84D456B34B1A82895EF008_label_en-US" xlink:label="lab_bk_NoninterestExpenseIncludingNoncontrollingInterest_F88E2F2CFF84D456B34B1A82895EF008" 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_F88E2F2CFF84D456B34B1A82895EF008_documentation_en-US" xlink:label="lab_bk_NoninterestExpenseIncludingNoncontrollingInterest_F88E2F2CFF84D456B34B1A82895EF008" 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-20161231.xsd#bk_NoninterestExpenseIncludingNoncontrollingInterest" xlink:label="loc_bk_NoninterestExpenseIncludingNoncontrollingInterest_F88E2F2CFF84D456B34B1A82895EF008" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_FE90EEBAB2EA8B3AA9AC1A82895E5BEE_totalLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_FE90EEBAB2EA8B3AA9AC1A82895E5BEE" 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_FE90EEBAB2EA8B3AA9AC1A82895E5BEE_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_FE90EEBAB2EA8B3AA9AC1A82895E5BEE" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_FE90EEBAB2EA8B3AA9AC1A82895E5BEE" xlink:type="locator"/>
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<link:label id="lab_bk_OperatingMarginPercent_55CEE24A559CE0DD2DF01A82895E556D_terseLabel_en-US" xlink:label="lab_bk_OperatingMarginPercent_55CEE24A559CE0DD2DF01A82895E556D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pre-tax operating margin </link:label>
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<link:label id="lab_bk_SegmentReportingInformationAverageTotalAssets_CCD55C2677A6D58235DD1A82895EA07F_label_en-US" xlink:label="lab_bk_SegmentReportingInformationAverageTotalAssets_CCD55C2677A6D58235DD1A82895EA07F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Segment Reporting Information Average Total Assets </link:label>
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<link:loc xlink:href="bk-20161231.xsd#bk_ScheduleOfAvailableForSaleAndHeldToMaturitySecuritiesTable" xlink:label="loc_bk_ScheduleOfAvailableForSaleAndHeldToMaturitySecuritiesTable_B2E70AB2B9CD0CABA264698628996257" xlink:type="locator"/>
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<link:label id="lab_bk_OtherBondsNotesAndDebenturesMember_ED13E0FF22B6FA264E926986289A4C1E_terseLabel_en-US" xlink:label="lab_bk_OtherBondsNotesAndDebenturesMember_ED13E0FF22B6FA264E926986289A4C1E" 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_ED13E0FF22B6FA264E926986289A4C1E_label_en-US" xlink:label="lab_bk_OtherBondsNotesAndDebenturesMember_ED13E0FF22B6FA264E926986289A4C1E" 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_ED13E0FF22B6FA264E926986289A4C1E_documentation_en-US" xlink:label="lab_bk_OtherBondsNotesAndDebenturesMember_ED13E0FF22B6FA264E926986289A4C1E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other bonds, Notes and Debentures [Member] </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_OtherBondsNotesAndDebenturesMember" xlink:label="loc_bk_OtherBondsNotesAndDebenturesMember_ED13E0FF22B6FA264E926986289A4C1E" xlink:type="locator"/>
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<link:label id="lab_bk_MortgageAssetBackedAndEquitySecuritiesMember_5AFAF72970263474E09F6986289A30E3_terseLabel_en-US" xlink:label="lab_bk_MortgageAssetBackedAndEquitySecuritiesMember_5AFAF72970263474E09F6986289A30E3" 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_5AFAF72970263474E09F6986289A30E3_label_en-US" xlink:label="lab_bk_MortgageAssetBackedAndEquitySecuritiesMember_5AFAF72970263474E09F6986289A30E3" 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_5AFAF72970263474E09F6986289A30E3_documentation_en-US" xlink:label="lab_bk_MortgageAssetBackedAndEquitySecuritiesMember_5AFAF72970263474E09F6986289A30E3" 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-20161231.xsd#bk_MortgageAssetBackedAndEquitySecuritiesMember" xlink:label="loc_bk_MortgageAssetBackedAndEquitySecuritiesMember_5AFAF72970263474E09F6986289A30E3" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InvestmentSecondaryCategorizationAxis_21A98B229F41DDA543CF6986289AB205_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentSecondaryCategorizationAxis_21A98B229F41DDA543CF6986289AB205" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investment Secondary Categorization [Axis] </link:label>
<link:label id="lab_us-gaap_InvestmentSecondaryCategorizationAxis_21A98B229F41DDA543CF6986289AB205_label_en-US" xlink:label="lab_us-gaap_InvestmentSecondaryCategorizationAxis_21A98B229F41DDA543CF6986289AB205" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investment Secondary Categorization [Axis] </link:label>
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<link:label id="lab_us-gaap_InvestmentsBySecondaryCategorizationDomain_149C2240EAF264F3C5196986289ADB41_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentsBySecondaryCategorizationDomain_149C2240EAF264F3C5196986289ADB41" 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_149C2240EAF264F3C5196986289ADB41_label_en-US" xlink:label="lab_us-gaap_InvestmentsBySecondaryCategorizationDomain_149C2240EAF264F3C5196986289ADB41" 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_79EDF9347E1EBE564B606986289A2796_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageBackedSecuritiesMember_79EDF9347E1EBE564B606986289A2796" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Mortgage-backed securities </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesFairValueAbstract" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesFairValueAbstract_C9E04D698FEEC2D96DB36986289A6591" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue_07A3F19F4E8CD5B1FF0B6986289AAF9F_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue_07A3F19F4E8CD5B1FF0B6986289AAF9F" 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_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue_07A3F19F4E8CD5B1FF0B6986289AAF9F_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue_07A3F19F4E8CD5B1FF0B6986289AAF9F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Debt Maturities, Next Twelve Months, Fair Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue_07A3F19F4E8CD5B1FF0B6986289AAF9F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue_07A3F19F4E8CD5B1FF0B6986289AAF9F" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue_07A3F19F4E8CD5B1FF0B6986289AAF9F" xlink:type="arc"/>
<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_3330939F00CD84F210FC6986289A1555_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_3330939F00CD84F210FC6986289A1555" 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_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_3330939F00CD84F210FC6986289A1555_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_3330939F00CD84F210FC6986289A1555" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Debt Maturities, Year Two Through Five, Fair Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_3330939F00CD84F210FC6986289A1555" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_3330939F00CD84F210FC6986289A1555" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_3330939F00CD84F210FC6986289A1555" xlink:type="arc"/>
<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_0F064534D1FA7C6A8FB46986289A9408_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_0F064534D1FA7C6A8FB46986289A9408" 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_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_0F064534D1FA7C6A8FB46986289A9408_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_0F064534D1FA7C6A8FB46986289A9408" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Debt Maturities, Year Six Through Ten, Fair Value </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_0F064534D1FA7C6A8FB46986289A9408" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_0F064534D1FA7C6A8FB46986289A9408" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue_0F064534D1FA7C6A8FB46986289A9408" xlink:type="arc"/>
<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_2C867C6683203947E7CC6986289B27C5_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_2C867C6683203947E7CC6986289B27C5" 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_2C867C6683203947E7CC6986289B27C5_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_2C867C6683203947E7CC6986289B27C5" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_2C867C6683203947E7CC6986289B27C5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_2C867C6683203947E7CC6986289B27C5" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_2C867C6683203947E7CC6986289B27C5" xlink:type="arc"/>
<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_64C8D88A7C4BAEB0AB766986289BADD8_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_64C8D88A7C4BAEB0AB766986289BADD8" 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_64C8D88A7C4BAEB0AB766986289BADD8_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_64C8D88A7C4BAEB0AB766986289BADD8" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_64C8D88A7C4BAEB0AB766986289BADD8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_64C8D88A7C4BAEB0AB766986289BADD8" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_64C8D88A7C4BAEB0AB766986289BADD8" xlink:type="arc"/>
<link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtSecurities_CA42ACFD46E7C983C38B6986289BC5DC_totalLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtSecurities_CA42ACFD46E7C983C38B6986289BC5DC" 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_CA42ACFD46E7C983C38B6986289BC5DC_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtSecurities_CA42ACFD46E7C983C38B6986289BC5DC" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtSecurities_CA42ACFD46E7C983C38B6986289BC5DC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesDebtSecurities_CA42ACFD46E7C983C38B6986289BC5DC" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesDebtSecurities_CA42ACFD46E7C983C38B6986289BC5DC" xlink:type="arc"/>
<link:label id="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAverageYieldAbstract_D59F82DE554E9FE7ABDC6986289B1C85_terseLabel_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAverageYieldAbstract_D59F82DE554E9FE7ABDC6986289B1C85" 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_D59F82DE554E9FE7ABDC6986289B1C85_label_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAverageYieldAbstract_D59F82DE554E9FE7ABDC6986289B1C85" 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_D59F82DE554E9FE7ABDC6986289B1C85_documentation_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAverageYieldAbstract_D59F82DE554E9FE7ABDC6986289B1C85" 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-20161231.xsd#bk_AvailableForSaleSecuritiesDebtMaturitiesAverageYieldAbstract" xlink:label="loc_bk_AvailableForSaleSecuritiesDebtMaturitiesAverageYieldAbstract_D59F82DE554E9FE7ABDC6986289B1C85" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AvailableForSaleSecuritiesDebtMaturitiesAverageYieldAbstract_D59F82DE554E9FE7ABDC6986289B1C85" xlink:to="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAverageYieldAbstract_D59F82DE554E9FE7ABDC6986289B1C85" xlink:type="arc"/>
<link:label id="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAverageYield_F815E1D0330AB38104D36986289B00B4_terseLabel_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAverageYield_F815E1D0330AB38104D36986289B00B4" 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_F815E1D0330AB38104D36986289B00B4_label_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAverageYield_F815E1D0330AB38104D36986289B00B4" 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_F815E1D0330AB38104D36986289B00B4_documentation_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAverageYield_F815E1D0330AB38104D36986289B00B4" 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-20161231.xsd#bk_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAverageYield" xlink:label="loc_bk_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAverageYield_F815E1D0330AB38104D36986289B00B4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAverageYield_F815E1D0330AB38104D36986289B00B4" xlink:to="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAverageYield_F815E1D0330AB38104D36986289B00B4" xlink:type="arc"/>
<link:label id="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_54463FC50CDFB50D9ED06986289BA6AE_terseLabel_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_54463FC50CDFB50D9ED06986289BA6AE" 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_54463FC50CDFB50D9ED06986289BA6AE_label_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_54463FC50CDFB50D9ED06986289BA6AE" 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_54463FC50CDFB50D9ED06986289BA6AE_documentation_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_54463FC50CDFB50D9ED06986289BA6AE" 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-20161231.xsd#bk_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield" xlink:label="loc_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_54463FC50CDFB50D9ED06986289BA6AE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_54463FC50CDFB50D9ED06986289BA6AE" xlink:to="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_54463FC50CDFB50D9ED06986289BA6AE" xlink:type="arc"/>
<link:label id="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield_43B67F2DA04089A87F496986289B0E01_terseLabel_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield_43B67F2DA04089A87F496986289B0E01" 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_43B67F2DA04089A87F496986289B0E01_label_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield_43B67F2DA04089A87F496986289B0E01" 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_43B67F2DA04089A87F496986289B0E01_documentation_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield_43B67F2DA04089A87F496986289B0E01" 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-20161231.xsd#bk_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield" xlink:label="loc_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield_43B67F2DA04089A87F496986289B0E01" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield_43B67F2DA04089A87F496986289B0E01" xlink:to="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield_43B67F2DA04089A87F496986289B0E01" xlink:type="arc"/>
<link:label id="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAverageYield_9923E456E073556D798C6986289BFD12_terseLabel_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAverageYield_9923E456E073556D798C6986289BFD12" 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_9923E456E073556D798C6986289BFD12_label_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAverageYield_9923E456E073556D798C6986289BFD12" 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_9923E456E073556D798C6986289BFD12_documentation_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAverageYield_9923E456E073556D798C6986289BFD12" 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-20161231.xsd#bk_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAverageYield" xlink:label="loc_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAverageYield_9923E456E073556D798C6986289BFD12" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAverageYield_9923E456E073556D798C6986289BFD12" xlink:to="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAverageYield_9923E456E073556D798C6986289BFD12" xlink:type="arc"/>
<link:label id="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield_72A42A8F927F949955766986289B166C_terseLabel_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield_72A42A8F927F949955766986289B166C" 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_72A42A8F927F949955766986289B166C_label_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield_72A42A8F927F949955766986289B166C" 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_72A42A8F927F949955766986289B166C_documentation_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield_72A42A8F927F949955766986289B166C" 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-20161231.xsd#bk_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield" xlink:label="loc_bk_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield_72A42A8F927F949955766986289B166C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield_72A42A8F927F949955766986289B166C" xlink:to="lab_bk_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield_72A42A8F927F949955766986289B166C" xlink:type="arc"/>
<link:label id="lab_bk_AvailableForSaleSecuritiesWeightedAverageYield_8DAA71B003AB24C4A2126986289B6E46_terseLabel_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesWeightedAverageYield_8DAA71B003AB24C4A2126986289B6E46" 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_8DAA71B003AB24C4A2126986289B6E46_label_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesWeightedAverageYield_8DAA71B003AB24C4A2126986289B6E46" 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_8DAA71B003AB24C4A2126986289B6E46_documentation_en-US" xlink:label="lab_bk_AvailableForSaleSecuritiesWeightedAverageYield_8DAA71B003AB24C4A2126986289B6E46" 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-20161231.xsd#bk_AvailableForSaleSecuritiesWeightedAverageYield" xlink:label="loc_bk_AvailableForSaleSecuritiesWeightedAverageYield_8DAA71B003AB24C4A2126986289B6E46" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AvailableForSaleSecuritiesWeightedAverageYield_8DAA71B003AB24C4A2126986289B6E46" xlink:to="lab_bk_AvailableForSaleSecuritiesWeightedAverageYield_8DAA71B003AB24C4A2126986289B6E46" xlink:type="arc"/>
<link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNetCarryingAmountAbstract_82B02EBBEC22F3432B9B6986289B0B39_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNetCarryingAmountAbstract_82B02EBBEC22F3432B9B6986289B0B39" 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_82B02EBBEC22F3432B9B6986289B0B39_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNetCarryingAmountAbstract_82B02EBBEC22F3432B9B6986289B0B39" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNetCarryingAmountAbstract" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNetCarryingAmountAbstract_82B02EBBEC22F3432B9B6986289B0B39" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNetCarryingAmountAbstract_82B02EBBEC22F3432B9B6986289B0B39" xlink:to="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNetCarryingAmountAbstract_82B02EBBEC22F3432B9B6986289B0B39" xlink:type="arc"/>
<link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_7D291CEF866B193E6CEA6986289B6406_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_7D291CEF866B193E6CEA6986289B6406" 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_7D291CEF866B193E6CEA6986289B6406_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_7D291CEF866B193E6CEA6986289B6406" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_7D291CEF866B193E6CEA6986289B6406" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_7D291CEF866B193E6CEA6986289B6406" xlink:to="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_7D291CEF866B193E6CEA6986289B6406" xlink:type="arc"/>
<link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_1EEC995637868F9070146986289BA041_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_1EEC995637868F9070146986289BA041" 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_1EEC995637868F9070146986289BA041_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_1EEC995637868F9070146986289BA041" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_1EEC995637868F9070146986289BA041" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_1EEC995637868F9070146986289BA041" xlink:to="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_1EEC995637868F9070146986289BA041" xlink:type="arc"/>
<link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_B858818C01F39219B9E46986289BFF23_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_B858818C01F39219B9E46986289BFF23" 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_B858818C01F39219B9E46986289BFF23_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_B858818C01F39219B9E46986289BFF23" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_B858818C01F39219B9E46986289BFF23" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_B858818C01F39219B9E46986289BFF23" xlink:to="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_B858818C01F39219B9E46986289BFF23" xlink:type="arc"/>
<link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount_839E547B30951B7C88F96986289B267E_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount_839E547B30951B7C88F96986289B267E" 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_839E547B30951B7C88F96986289B267E_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount_839E547B30951B7C88F96986289B267E" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount_839E547B30951B7C88F96986289B267E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount_839E547B30951B7C88F96986289B267E" xlink:to="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount_839E547B30951B7C88F96986289B267E" xlink:type="arc"/>
<link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_7CC02130FDF3417412D36986289B580C_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_7CC02130FDF3417412D36986289B580C" 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_7CC02130FDF3417412D36986289B580C_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_7CC02130FDF3417412D36986289B580C" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_7CC02130FDF3417412D36986289B580C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_7CC02130FDF3417412D36986289B580C" xlink:to="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_7CC02130FDF3417412D36986289B580C" xlink:type="arc"/>
<link:label id="lab_us-gaap_HeldToMaturitySecurities_09565DCAEC588D7147966986289B8DD6_totalLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecurities_09565DCAEC588D7147966986289B8DD6" 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_09565DCAEC588D7147966986289B8DD6_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecurities_09565DCAEC588D7147966986289B8DD6" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="loc_us-gaap_HeldToMaturitySecurities_09565DCAEC588D7147966986289B8DD6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HeldToMaturitySecurities_09565DCAEC588D7147966986289B8DD6" xlink:to="lab_us-gaap_HeldToMaturitySecurities_09565DCAEC588D7147966986289B8DD6" xlink:type="arc"/>
<link:label id="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAverageYieldAbstract_E44B5BE67D574F06FDDE6986289C7FC8_terseLabel_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAverageYieldAbstract_E44B5BE67D574F06FDDE6986289C7FC8" 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_E44B5BE67D574F06FDDE6986289C7FC8_label_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAverageYieldAbstract_E44B5BE67D574F06FDDE6986289C7FC8" 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_E44B5BE67D574F06FDDE6986289C7FC8_documentation_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAverageYieldAbstract_E44B5BE67D574F06FDDE6986289C7FC8" 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-20161231.xsd#bk_HeldToMaturitySecuritiesDebtMaturitiesAverageYieldAbstract" xlink:label="loc_bk_HeldToMaturitySecuritiesDebtMaturitiesAverageYieldAbstract_E44B5BE67D574F06FDDE6986289C7FC8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_HeldToMaturitySecuritiesDebtMaturitiesAverageYieldAbstract_E44B5BE67D574F06FDDE6986289C7FC8" xlink:to="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAverageYieldAbstract_E44B5BE67D574F06FDDE6986289C7FC8" xlink:type="arc"/>
<link:label id="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearAverageYield_0C968EF560B372972D3A6986289CBC3B_terseLabel_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearAverageYield_0C968EF560B372972D3A6986289CBC3B" 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_0C968EF560B372972D3A6986289CBC3B_label_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearAverageYield_0C968EF560B372972D3A6986289CBC3B" 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_0C968EF560B372972D3A6986289CBC3B_documentation_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearAverageYield_0C968EF560B372972D3A6986289CBC3B" 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-20161231.xsd#bk_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearAverageYield" xlink:label="loc_bk_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearAverageYield_0C968EF560B372972D3A6986289CBC3B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearAverageYield_0C968EF560B372972D3A6986289CBC3B" xlink:to="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearAverageYield_0C968EF560B372972D3A6986289CBC3B" xlink:type="arc"/>
<link:label id="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_098D5019539A56CA52A16986289C89F6_terseLabel_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_098D5019539A56CA52A16986289C89F6" 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_098D5019539A56CA52A16986289C89F6_label_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_098D5019539A56CA52A16986289C89F6" 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_098D5019539A56CA52A16986289C89F6_documentation_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_098D5019539A56CA52A16986289C89F6" 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-20161231.xsd#bk_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield" xlink:label="loc_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_098D5019539A56CA52A16986289C89F6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_098D5019539A56CA52A16986289C89F6" xlink:to="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsAverageYield_098D5019539A56CA52A16986289C89F6" xlink:type="arc"/>
<link:label id="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield_586CA8E99D7425530D576986289C2070_terseLabel_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield_586CA8E99D7425530D576986289C2070" 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_586CA8E99D7425530D576986289C2070_label_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield_586CA8E99D7425530D576986289C2070" 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_586CA8E99D7425530D576986289C2070_documentation_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield_586CA8E99D7425530D576986289C2070" 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-20161231.xsd#bk_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield" xlink:label="loc_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsAverageYield_586CA8E99D7425530D576986289C2070" xlink:type="locator"/>
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<link:label id="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsAverageYield_3AEB2529D912E9716B9E6986289C14D3_terseLabel_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsAverageYield_3AEB2529D912E9716B9E6986289C14D3" 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_3AEB2529D912E9716B9E6986289C14D3_label_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsAverageYield_3AEB2529D912E9716B9E6986289C14D3" 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_3AEB2529D912E9716B9E6986289C14D3_documentation_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsAverageYield_3AEB2529D912E9716B9E6986289C14D3" 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>
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<link:label id="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield_96240A493C7CF964D5E96986289C8F01_terseLabel_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield_96240A493C7CF964D5E96986289C8F01" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Without single maturity date </link:label>
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<link:label id="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield_96240A493C7CF964D5E96986289C8F01_documentation_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateAverageYield_96240A493C7CF964D5E96986289C8F01" 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>
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<link:label id="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAverageYield_BC1AB8337DC5C3A574936986289C2F6A_terseLabel_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAverageYield_BC1AB8337DC5C3A574936986289C2F6A" 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_BC1AB8337DC5C3A574936986289C2F6A_label_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAverageYield_BC1AB8337DC5C3A574936986289C2F6A" 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_BC1AB8337DC5C3A574936986289C2F6A_documentation_en-US" xlink:label="lab_bk_HeldToMaturitySecuritiesDebtMaturitiesAverageYield_BC1AB8337DC5C3A574936986289C2F6A" 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_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax_E4E14FCCACA783B0C50E7750D80B35FD_negatedLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax_E4E14FCCACA783B0C50E7750D80B35FD" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Net loss (gain) arising during period </link:label>
<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax_E4E14FCCACA783B0C50E7750D80B35FD_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax_E4E14FCCACA783B0C50E7750D80B35FD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Unamortized Gain (Loss) Arising During Period, before Tax </link:label>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax_3AF292F4880884E02F197750D80BC1F0_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax_3AF292F4880884E02F197750D80BC1F0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Recognition of prior years’ net (loss) </link:label>
<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax_3AF292F4880884E02F197750D80BC1F0_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax_3AF292F4880884E02F197750D80BC1F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net Gain (Loss), before Tax </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax_3AF292F4880884E02F197750D80BC1F0" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax_EE571FF41D760D1A45E97750D80B7116_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax_EE571FF41D760D1A45E97750D80B7116" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Recognition of prior years’ service credit </link:label>
<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax_EE571FF41D760D1A45E97750D80B7116_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax_EE571FF41D760D1A45E97750D80B7116" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive (Income) Loss, Amortization Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net Prior Service Cost (Credit), before Tax </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax_EE571FF41D760D1A45E97750D80B7116" xlink:type="locator"/>
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<link:label id="lab_bk_DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeForeignExchangeAdjustment_EBB4A100CA26C5C6D71E7750D80B7AF1_terseLabel_en-US" xlink:label="lab_bk_DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeForeignExchangeAdjustment_EBB4A100CA26C5C6D71E7750D80B7AF1" 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_bk_DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeForeignExchangeAdjustment_EBB4A100CA26C5C6D71E7750D80B7AF1_label_en-US" xlink:label="lab_bk_DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeForeignExchangeAdjustment_EBB4A100CA26C5C6D71E7750D80B7AF1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Foreign Exchange Adjustment </link:label>
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<link:loc xlink:href="bk-20161231.xsd#bk_DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeForeignExchangeAdjustment" xlink:label="loc_bk_DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeForeignExchangeAdjustment_EBB4A100CA26C5C6D71E7750D80B7AF1" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax_A0A1442A11194618BEB47750D80BE1D7_totalLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax_A0A1442A11194618BEB47750D80BE1D7" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total recognized in other comprehensive (income) loss (before tax effects) </link:label>
<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax_A0A1442A11194618BEB47750D80BE1D7_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax_A0A1442A11194618BEB47750D80BE1D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Adjustment, before Tax </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax_A0A1442A11194618BEB47750D80BE1D7" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TransferOfCertainFinancialAssetsAccountedForAsSecuredBorrowingsTable_0C0887F0899D153FD23D698625064DF6_terseLabel_en-US" xlink:label="lab_us-gaap_TransferOfCertainFinancialAssetsAccountedForAsSecuredBorrowingsTable_0C0887F0899D153FD23D698625064DF6" 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 [Table] </link:label>
<link:label id="lab_us-gaap_TransferOfCertainFinancialAssetsAccountedForAsSecuredBorrowingsTable_0C0887F0899D153FD23D698625064DF6_label_en-US" xlink:label="lab_us-gaap_TransferOfCertainFinancialAssetsAccountedForAsSecuredBorrowingsTable_0C0887F0899D153FD23D698625064DF6" 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 [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TransferOfCertainFinancialAssetsAccountedForAsSecuredBorrowingsTable" xlink:label="loc_us-gaap_TransferOfCertainFinancialAssetsAccountedForAsSecuredBorrowingsTable_0C0887F0899D153FD23D698625064DF6" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis_E9F9C94A3698D5877B7469862506733A_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis_E9F9C94A3698D5877B7469862506733A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Repurchase Agreements and Similar Transactions, Maturity Periods [Axis] </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis" xlink:label="loc_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis_E9F9C94A3698D5877B7469862506733A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain_A2D64F15CC0F8C8A615A698625065333_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain_A2D64F15CC0F8C8A615A698625065333" 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_A2D64F15CC0F8C8A615A698625065333_label_en-US" xlink:label="lab_us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodDomain_A2D64F15CC0F8C8A615A698625065333" 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>
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<link:label id="lab_us-gaap_MaturityOvernightMember_00AA73C86FF301F5B758698625061E56_terseLabel_en-US" xlink:label="lab_us-gaap_MaturityOvernightMember_00AA73C86FF301F5B758698625061E56" 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_00AA73C86FF301F5B758698625061E56_label_en-US" xlink:label="lab_us-gaap_MaturityOvernightMember_00AA73C86FF301F5B758698625061E56" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MaturityOvernightMember" xlink:label="loc_us-gaap_MaturityOvernightMember_00AA73C86FF301F5B758698625061E56" xlink:type="locator"/>
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<link:label id="lab_us-gaap_MaturityUpTo30DaysMember_7E97FCEA12015F0AD3B869862506DC73_terseLabel_en-US" xlink:label="lab_us-gaap_MaturityUpTo30DaysMember_7E97FCEA12015F0AD3B869862506DC73" 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_7E97FCEA12015F0AD3B869862506DC73_label_en-US" xlink:label="lab_us-gaap_MaturityUpTo30DaysMember_7E97FCEA12015F0AD3B869862506DC73" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Maturity Less than 30 Days [Member] </link:label>
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<link:label id="lab_bk_MaturityGreaterThan30DaysMember_7E18F0AA13F805CFCFA86986250BAEBE_terseLabel_en-US" xlink:label="lab_bk_MaturityGreaterThan30DaysMember_7E18F0AA13F805CFCFA86986250BAEBE" 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_7E18F0AA13F805CFCFA86986250BAEBE_label_en-US" xlink:label="lab_bk_MaturityGreaterThan30DaysMember_7E18F0AA13F805CFCFA86986250BAEBE" 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_7E18F0AA13F805CFCFA86986250BAEBE_documentation_en-US" xlink:label="lab_bk_MaturityGreaterThan30DaysMember_7E18F0AA13F805CFCFA86986250BAEBE" 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-20161231.xsd#bk_MaturityGreaterThan30DaysMember" xlink:label="loc_bk_MaturityGreaterThan30DaysMember_7E18F0AA13F805CFCFA86986250BAEBE" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TransferOfCertainFinancialAssetsAccountedForAsSecuredBorrowingsLineItems_DCC44F69DD715F98A57B6986250CFCAB_terseLabel_en-US" xlink:label="lab_us-gaap_TransferOfCertainFinancialAssetsAccountedForAsSecuredBorrowingsLineItems_DCC44F69DD715F98A57B6986250CFCAB" 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_DCC44F69DD715F98A57B6986250CFCAB_label_en-US" xlink:label="lab_us-gaap_TransferOfCertainFinancialAssetsAccountedForAsSecuredBorrowingsLineItems_DCC44F69DD715F98A57B6986250CFCAB" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TransferOfCertainFinancialAssetsAccountedForAsSecuredBorrowingsLineItems" xlink:label="loc_us-gaap_TransferOfCertainFinancialAssetsAccountedForAsSecuredBorrowingsLineItems_DCC44F69DD715F98A57B6986250CFCAB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FinancialAssetsSoldUnderAgreementsToRepurchaseGrossIncludingNotSubjectToMasterNettingArrangement_4468729714AE213F6AF36986250CA8B0_terseLabel_en-US" xlink:label="lab_us-gaap_FinancialAssetsSoldUnderAgreementsToRepurchaseGrossIncludingNotSubjectToMasterNettingArrangement_4468729714AE213F6AF36986250CA8B0" 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_4468729714AE213F6AF36986250CA8B0_label_en-US" xlink:label="lab_us-gaap_FinancialAssetsSoldUnderAgreementsToRepurchaseGrossIncludingNotSubjectToMasterNettingArrangement_4468729714AE213F6AF36986250CA8B0" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialAssetsSoldUnderAgreementsToRepurchaseGrossIncludingNotSubjectToMasterNettingArrangement" xlink:label="loc_us-gaap_FinancialAssetsSoldUnderAgreementsToRepurchaseGrossIncludingNotSubjectToMasterNettingArrangement_4468729714AE213F6AF36986250CA8B0" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SecuritiesLoanedIncludingNotSubjectToMasterNettingArrangementAndAssetsOtherThanSecuritiesTransferred_DD417B71016F8B70D5316986250CE3C0_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesLoanedIncludingNotSubjectToMasterNettingArrangementAndAssetsOtherThanSecuritiesTransferred_DD417B71016F8B70D5316986250CE3C0" 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_DD417B71016F8B70D5316986250CE3C0_label_en-US" xlink:label="lab_us-gaap_SecuritiesLoanedIncludingNotSubjectToMasterNettingArrangementAndAssetsOtherThanSecuritiesTransferred_DD417B71016F8B70D5316986250CE3C0" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuritiesLoanedIncludingNotSubjectToMasterNettingArrangementAndAssetsOtherThanSecuritiesTransferred" xlink:label="loc_us-gaap_SecuritiesLoanedIncludingNotSubjectToMasterNettingArrangementAndAssetsOtherThanSecuritiesTransferred_DD417B71016F8B70D5316986250CE3C0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuritiesLoanedIncludingNotSubjectToMasterNettingArrangementAndAssetsOtherThanSecuritiesTransferred_DD417B71016F8B70D5316986250CE3C0" xlink:to="lab_us-gaap_SecuritiesLoanedIncludingNotSubjectToMasterNettingArrangementAndAssetsOtherThanSecuritiesTransferred_DD417B71016F8B70D5316986250CE3C0" xlink:type="arc"/>
<link:label id="lab_us-gaap_SecuredBorrowingsGrossIncludingNotSubjectToMasterNettingArrangement_2EEC4A739E637B81C7DC6986250CF21C_totalLabel_en-US" xlink:label="lab_us-gaap_SecuredBorrowingsGrossIncludingNotSubjectToMasterNettingArrangement_2EEC4A739E637B81C7DC6986250CF21C" 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_2EEC4A739E637B81C7DC6986250CF21C_label_en-US" xlink:label="lab_us-gaap_SecuredBorrowingsGrossIncludingNotSubjectToMasterNettingArrangement_2EEC4A739E637B81C7DC6986250CF21C" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuredBorrowingsGrossIncludingNotSubjectToMasterNettingArrangement" xlink:label="loc_us-gaap_SecuredBorrowingsGrossIncludingNotSubjectToMasterNettingArrangement_2EEC4A739E637B81C7DC6986250CF21C" xlink:type="locator"/>
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<link:label id="lab_bk_DefinedBenefitPlanPrepaidBenefitCost_9E7CCEB53AD99362D13B649E60871123_terseLabel_en-US" xlink:label="lab_bk_DefinedBenefitPlanPrepaidBenefitCost_9E7CCEB53AD99362D13B649E60871123" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Prepaid benefit cost </link:label>
<link:label id="lab_bk_DefinedBenefitPlanPrepaidBenefitCost_9E7CCEB53AD99362D13B649E60871123_label_en-US" xlink:label="lab_bk_DefinedBenefitPlanPrepaidBenefitCost_9E7CCEB53AD99362D13B649E60871123" 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_9E7CCEB53AD99362D13B649E60871123_documentation_en-US" xlink:label="lab_bk_DefinedBenefitPlanPrepaidBenefitCost_9E7CCEB53AD99362D13B649E60871123" 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-20161231.xsd#bk_DefinedBenefitPlanPrepaidBenefitCost" xlink:label="loc_bk_DefinedBenefitPlanPrepaidBenefitCost_9E7CCEB53AD99362D13B649E60871123" xlink:type="locator"/>
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<link:label id="lab_bk_DefinedBenefitPlanAccruedBenefitCost_C510C03B2B6448C678D5649E60872082_negatedLabel_en-US" xlink:label="lab_bk_DefinedBenefitPlanAccruedBenefitCost_C510C03B2B6448C678D5649E60872082" 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_C510C03B2B6448C678D5649E60872082_label_en-US" xlink:label="lab_bk_DefinedBenefitPlanAccruedBenefitCost_C510C03B2B6448C678D5649E60872082" 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_C510C03B2B6448C678D5649E60872082_documentation_en-US" xlink:label="lab_bk_DefinedBenefitPlanAccruedBenefitCost_C510C03B2B6448C678D5649E60872082" 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-20161231.xsd#bk_DefinedBenefitPlanAccruedBenefitCost" xlink:label="loc_bk_DefinedBenefitPlanAccruedBenefitCost_C510C03B2B6448C678D5649E60872082" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheet_00DF9773DD239807B045649E6087BF35_totalLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheet_00DF9773DD239807B045649E6087BF35" 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_00DF9773DD239807B045649E6087BF35_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheet_00DF9773DD239807B045649E6087BF35" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Amounts Recognized in Balance Sheet </link:label>
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<link:label id="lab_us-gaap_IncomeStatementAbstract_686B8A3EABA8A03B6BD27D1EC7ACE3FF_label_en-US" xlink:label="lab_us-gaap_IncomeStatementAbstract_686B8A3EABA8A03B6BD27D1EC7ACE3FF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Statement [Abstract] </link:label>
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<link:label id="lab_bk_SecuritiesServicingAndTreasuryServicesFeesAbstract_E04DFC83DDB17083A55D7D1EC7AC20B9_terseLabel_en-US" xlink:label="lab_bk_SecuritiesServicingAndTreasuryServicesFeesAbstract_E04DFC83DDB17083A55D7D1EC7AC20B9" 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_E04DFC83DDB17083A55D7D1EC7AC20B9_label_en-US" xlink:label="lab_bk_SecuritiesServicingAndTreasuryServicesFeesAbstract_E04DFC83DDB17083A55D7D1EC7AC20B9" 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_E04DFC83DDB17083A55D7D1EC7AC20B9_documentation_en-US" xlink:label="lab_bk_SecuritiesServicingAndTreasuryServicesFeesAbstract_E04DFC83DDB17083A55D7D1EC7AC20B9" 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>
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<link:label id="lab_bk_AssetServicing_353F188C08D1B44D420B7D1EC7AC21B7_terseLabel_en-US" xlink:label="lab_bk_AssetServicing_353F188C08D1B44D420B7D1EC7AC21B7" 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_353F188C08D1B44D420B7D1EC7AC21B7_label_en-US" xlink:label="lab_bk_AssetServicing_353F188C08D1B44D420B7D1EC7AC21B7" 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_353F188C08D1B44D420B7D1EC7AC21B7_documentation_en-US" xlink:label="lab_bk_AssetServicing_353F188C08D1B44D420B7D1EC7AC21B7" 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-20161231.xsd#bk_AssetServicing" xlink:label="loc_bk_AssetServicing_353F188C08D1B44D420B7D1EC7AC21B7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AssetServicing_353F188C08D1B44D420B7D1EC7AC21B7" xlink:to="lab_bk_AssetServicing_353F188C08D1B44D420B7D1EC7AC21B7" xlink:type="arc"/>
<link:label id="lab_us-gaap_ClearingFeesRevenue_D4E8EA86547B94739CD07D1EC7AC98C0_terseLabel_en-US" xlink:label="lab_us-gaap_ClearingFeesRevenue_D4E8EA86547B94739CD07D1EC7AC98C0" 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_D4E8EA86547B94739CD07D1EC7AC98C0_label_en-US" xlink:label="lab_us-gaap_ClearingFeesRevenue_D4E8EA86547B94739CD07D1EC7AC98C0" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClearingFeesRevenue" xlink:label="loc_us-gaap_ClearingFeesRevenue_D4E8EA86547B94739CD07D1EC7AC98C0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ClearingFeesRevenue_D4E8EA86547B94739CD07D1EC7AC98C0" xlink:to="lab_us-gaap_ClearingFeesRevenue_D4E8EA86547B94739CD07D1EC7AC98C0" xlink:type="arc"/>
<link:label id="lab_bk_IssuerServicing_8BE3E9673795579D43C57D1EC7AD3D48_terseLabel_en-US" xlink:label="lab_bk_IssuerServicing_8BE3E9673795579D43C57D1EC7AD3D48" 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_8BE3E9673795579D43C57D1EC7AD3D48_label_en-US" xlink:label="lab_bk_IssuerServicing_8BE3E9673795579D43C57D1EC7AD3D48" 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_8BE3E9673795579D43C57D1EC7AD3D48_documentation_en-US" xlink:label="lab_bk_IssuerServicing_8BE3E9673795579D43C57D1EC7AD3D48" 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-20161231.xsd#bk_IssuerServicing" xlink:label="loc_bk_IssuerServicing_8BE3E9673795579D43C57D1EC7AD3D48" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_IssuerServicing_8BE3E9673795579D43C57D1EC7AD3D48" xlink:to="lab_bk_IssuerServicing_8BE3E9673795579D43C57D1EC7AD3D48" xlink:type="arc"/>
<link:label id="lab_bk_TreasuryServices_C48D0C05B8CE782D485F7D1EC7AD57A4_terseLabel_en-US" xlink:label="lab_bk_TreasuryServices_C48D0C05B8CE782D485F7D1EC7AD57A4" 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_C48D0C05B8CE782D485F7D1EC7AD57A4_label_en-US" xlink:label="lab_bk_TreasuryServices_C48D0C05B8CE782D485F7D1EC7AD57A4" 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_C48D0C05B8CE782D485F7D1EC7AD57A4_documentation_en-US" xlink:label="lab_bk_TreasuryServices_C48D0C05B8CE782D485F7D1EC7AD57A4" 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-20161231.xsd#bk_TreasuryServices" xlink:label="loc_bk_TreasuryServices_C48D0C05B8CE782D485F7D1EC7AD57A4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_TreasuryServices_C48D0C05B8CE782D485F7D1EC7AD57A4" xlink:to="lab_bk_TreasuryServices_C48D0C05B8CE782D485F7D1EC7AD57A4" xlink:type="arc"/>
<link:label id="lab_bk_SecuritiesServicingAndTreasuryServicesFees_888B5B9BABEE61E7ACD87D1EC7ADAA7D_totalLabel_en-US" xlink:label="lab_bk_SecuritiesServicingAndTreasuryServicesFees_888B5B9BABEE61E7ACD87D1EC7ADAA7D" 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_888B5B9BABEE61E7ACD87D1EC7ADAA7D_label_en-US" xlink:label="lab_bk_SecuritiesServicingAndTreasuryServicesFees_888B5B9BABEE61E7ACD87D1EC7ADAA7D" 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_888B5B9BABEE61E7ACD87D1EC7ADAA7D_documentation_en-US" xlink:label="lab_bk_SecuritiesServicingAndTreasuryServicesFees_888B5B9BABEE61E7ACD87D1EC7ADAA7D" 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-20161231.xsd#bk_SecuritiesServicingAndTreasuryServicesFees" xlink:label="loc_bk_SecuritiesServicingAndTreasuryServicesFees_888B5B9BABEE61E7ACD87D1EC7ADAA7D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SecuritiesServicingAndTreasuryServicesFees_888B5B9BABEE61E7ACD87D1EC7ADAA7D" xlink:to="lab_bk_SecuritiesServicingAndTreasuryServicesFees_888B5B9BABEE61E7ACD87D1EC7ADAA7D" xlink:type="arc"/>
<link:label id="lab_us-gaap_AssetManagementFees1_A4FEB289C361C5FFA4C77D1EC7ADFED5_terseLabel_en-US" xlink:label="lab_us-gaap_AssetManagementFees1_A4FEB289C361C5FFA4C77D1EC7ADFED5" 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_A4FEB289C361C5FFA4C77D1EC7ADFED5_label_en-US" xlink:label="lab_us-gaap_AssetManagementFees1_A4FEB289C361C5FFA4C77D1EC7ADFED5" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetManagementFees1" xlink:label="loc_us-gaap_AssetManagementFees1_A4FEB289C361C5FFA4C77D1EC7ADFED5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetManagementFees1_A4FEB289C361C5FFA4C77D1EC7ADFED5" xlink:to="lab_us-gaap_AssetManagementFees1_A4FEB289C361C5FFA4C77D1EC7ADFED5" xlink:type="arc"/>
<link:label id="lab_bk_ForeignExchangeAndOtherTradingActivities_4DEF73ADDC6EEC15FF207D1EC7AD5905_terseLabel_en-US" xlink:label="lab_bk_ForeignExchangeAndOtherTradingActivities_4DEF73ADDC6EEC15FF207D1EC7AD5905" 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_4DEF73ADDC6EEC15FF207D1EC7AD5905_label_en-US" xlink:label="lab_bk_ForeignExchangeAndOtherTradingActivities_4DEF73ADDC6EEC15FF207D1EC7AD5905" 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_4DEF73ADDC6EEC15FF207D1EC7AD5905_documentation_en-US" xlink:label="lab_bk_ForeignExchangeAndOtherTradingActivities_4DEF73ADDC6EEC15FF207D1EC7AD5905" 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-20161231.xsd#bk_ForeignExchangeAndOtherTradingActivities" xlink:label="loc_bk_ForeignExchangeAndOtherTradingActivities_4DEF73ADDC6EEC15FF207D1EC7AD5905" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ForeignExchangeAndOtherTradingActivities_4DEF73ADDC6EEC15FF207D1EC7AD5905" xlink:to="lab_bk_ForeignExchangeAndOtherTradingActivities_4DEF73ADDC6EEC15FF207D1EC7AD5905" xlink:type="arc"/>
<link:label id="lab_bk_FinancingRelatedFees_79F28991A3613BE103117D1EC7AD0E2B_terseLabel_en-US" xlink:label="lab_bk_FinancingRelatedFees_79F28991A3613BE103117D1EC7AD0E2B" 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_79F28991A3613BE103117D1EC7AD0E2B_label_en-US" xlink:label="lab_bk_FinancingRelatedFees_79F28991A3613BE103117D1EC7AD0E2B" 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_79F28991A3613BE103117D1EC7AD0E2B_documentation_en-US" xlink:label="lab_bk_FinancingRelatedFees_79F28991A3613BE103117D1EC7AD0E2B" 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-20161231.xsd#bk_FinancingRelatedFees" xlink:label="loc_bk_FinancingRelatedFees_79F28991A3613BE103117D1EC7AD0E2B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_FinancingRelatedFees_79F28991A3613BE103117D1EC7AD0E2B" xlink:to="lab_bk_FinancingRelatedFees_79F28991A3613BE103117D1EC7AD0E2B" xlink:type="arc"/>
<link:label id="lab_bk_DistributionAndServicing_66FA63108716DBE7C0857D1EC7ADD803_terseLabel_en-US" xlink:label="lab_bk_DistributionAndServicing_66FA63108716DBE7C0857D1EC7ADD803" 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_66FA63108716DBE7C0857D1EC7ADD803_label_en-US" xlink:label="lab_bk_DistributionAndServicing_66FA63108716DBE7C0857D1EC7ADD803" 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_66FA63108716DBE7C0857D1EC7ADD803_documentation_en-US" xlink:label="lab_bk_DistributionAndServicing_66FA63108716DBE7C0857D1EC7ADD803" 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-20161231.xsd#bk_DistributionAndServicing" xlink:label="loc_bk_DistributionAndServicing_66FA63108716DBE7C0857D1EC7ADD803" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_DistributionAndServicing_66FA63108716DBE7C0857D1EC7ADD803" xlink:to="lab_bk_DistributionAndServicing_66FA63108716DBE7C0857D1EC7ADD803" xlink:type="arc"/>
<link:label id="lab_bk_InvestmentAndOtherIncome_809CBAFFEC41C0E0E20F7D1EC7AD6A54_terseLabel_en-US" xlink:label="lab_bk_InvestmentAndOtherIncome_809CBAFFEC41C0E0E20F7D1EC7AD6A54" 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_InvestmentAndOtherIncome_809CBAFFEC41C0E0E20F7D1EC7AD6A54_label_en-US" xlink:label="lab_bk_InvestmentAndOtherIncome_809CBAFFEC41C0E0E20F7D1EC7AD6A54" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investment And Other Income </link:label>
<link:label id="lab_bk_InvestmentAndOtherIncome_809CBAFFEC41C0E0E20F7D1EC7AD6A54_documentation_en-US" xlink:label="lab_bk_InvestmentAndOtherIncome_809CBAFFEC41C0E0E20F7D1EC7AD6A54" 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-20161231.xsd#bk_InvestmentAndOtherIncome" xlink:label="loc_bk_InvestmentAndOtherIncome_809CBAFFEC41C0E0E20F7D1EC7AD6A54" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_InvestmentAndOtherIncome_809CBAFFEC41C0E0E20F7D1EC7AD6A54" xlink:to="lab_bk_InvestmentAndOtherIncome_809CBAFFEC41C0E0E20F7D1EC7AD6A54" xlink:type="arc"/>
<link:label id="lab_bk_TotalFeeRevenue_5F5A17BE9B45B5D762A47D1EC7AD967E_totalLabel_en-US" xlink:label="lab_bk_TotalFeeRevenue_5F5A17BE9B45B5D762A47D1EC7AD967E" 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_5F5A17BE9B45B5D762A47D1EC7AD967E_label_en-US" xlink:label="lab_bk_TotalFeeRevenue_5F5A17BE9B45B5D762A47D1EC7AD967E" 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_5F5A17BE9B45B5D762A47D1EC7AD967E_documentation_en-US" xlink:label="lab_bk_TotalFeeRevenue_5F5A17BE9B45B5D762A47D1EC7AD967E" 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-20161231.xsd#bk_TotalFeeRevenue" xlink:label="loc_bk_TotalFeeRevenue_5F5A17BE9B45B5D762A47D1EC7AD967E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_TotalFeeRevenue_5F5A17BE9B45B5D762A47D1EC7AD967E" xlink:to="lab_bk_TotalFeeRevenue_5F5A17BE9B45B5D762A47D1EC7AD967E" xlink:type="arc"/>
<link:label id="lab_us-gaap_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount_427F11EAAAA700C5483E7D1EC7ADAC42_negatedLabel_en-US" xlink:label="lab_us-gaap_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount_427F11EAAAA700C5483E7D1EC7ADAC42" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Net securities gains — including other-than-temporary impairment </link:label>
<link:label id="lab_us-gaap_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount_427F11EAAAA700C5483E7D1EC7ADAC42_label_en-US" xlink:label="lab_us-gaap_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount_427F11EAAAA700C5483E7D1EC7ADAC42" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount" xlink:label="loc_us-gaap_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount_427F11EAAAA700C5483E7D1EC7ADAC42" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount_427F11EAAAA700C5483E7D1EC7ADAC42" xlink:to="lab_us-gaap_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount_427F11EAAAA700C5483E7D1EC7ADAC42" xlink:type="arc"/>
<link:label id="lab_bk_NoncreditRelatedGainLossOnSecuritiesNotExpectedToBeSold_7EC7BFAF1FF42D3750977D1EC7AD6737_negatedLabel_en-US" xlink:label="lab_bk_NoncreditRelatedGainLossOnSecuritiesNotExpectedToBeSold_7EC7BFAF1FF42D3750977D1EC7AD6737" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" 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_bk_NoncreditRelatedGainLossOnSecuritiesNotExpectedToBeSold_7EC7BFAF1FF42D3750977D1EC7AD6737_label_en-US" xlink:label="lab_bk_NoncreditRelatedGainLossOnSecuritiesNotExpectedToBeSold_7EC7BFAF1FF42D3750977D1EC7AD6737" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noncredit Related Gain Loss On Securities Not Expected To Be Sold </link:label>
<link:label id="lab_bk_NoncreditRelatedGainLossOnSecuritiesNotExpectedToBeSold_7EC7BFAF1FF42D3750977D1EC7AD6737_documentation_en-US" xlink:label="lab_bk_NoncreditRelatedGainLossOnSecuritiesNotExpectedToBeSold_7EC7BFAF1FF42D3750977D1EC7AD6737" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> This item would include any gains or non-credit risk related losses recognized for other than temporary impairments of investments in debt and equity securities. This item represents the non-credit risk related unrealized gain (loss) included in earnings for the period as a result of holding marketable securities, including the unrealized holding gain or loss of held-to-maturity securities and the cumulative unrealized gain or loss which was included in other comprehensive income (a separate component of shareholders' equity) for available-for-sale securities during the period. </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_NoncreditRelatedGainLossOnSecuritiesNotExpectedToBeSold" xlink:label="loc_bk_NoncreditRelatedGainLossOnSecuritiesNotExpectedToBeSold_7EC7BFAF1FF42D3750977D1EC7AD6737" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_NoncreditRelatedGainLossOnSecuritiesNotExpectedToBeSold_7EC7BFAF1FF42D3750977D1EC7AD6737" xlink:to="lab_bk_NoncreditRelatedGainLossOnSecuritiesNotExpectedToBeSold_7EC7BFAF1FF42D3750977D1EC7AD6737" xlink:type="arc"/>
<link:label id="lab_bk_NetSecuritiesGainLoss_D51CD00B465D48034C537D1EC7AE7A7B_totalLabel_en-US" xlink:label="lab_bk_NetSecuritiesGainLoss_D51CD00B465D48034C537D1EC7AE7A7B" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net securities gains </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_NetSecuritiesGainLoss" xlink:label="loc_bk_NetSecuritiesGainLoss_D51CD00B465D48034C537D1EC7AE7A7B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_NetSecuritiesGainLoss_D51CD00B465D48034C537D1EC7AE7A7B" xlink:to="lab_bk_NetSecuritiesGainLoss_D51CD00B465D48034C537D1EC7AE7A7B" xlink:type="arc"/>
<link:label id="lab_us-gaap_NoninterestIncome_CD590FA34C22B12CF9DA7D1EC7AEBF88_totalLabel_en-US" xlink:label="lab_us-gaap_NoninterestIncome_CD590FA34C22B12CF9DA7D1EC7AEBF88" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total fee and other revenue </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NoninterestIncome" xlink:label="loc_us-gaap_NoninterestIncome_CD590FA34C22B12CF9DA7D1EC7AEBF88" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoninterestIncome_CD590FA34C22B12CF9DA7D1EC7AEBF88" xlink:to="lab_us-gaap_NoninterestIncome_CD590FA34C22B12CF9DA7D1EC7AEBF88" xlink:type="arc"/>
<link:label id="lab_bk_AssetsofConsolidatedInvestmentManagementFundsAbstract_642185146B08A1E8DC0C7D1EC7AE64CA_verboseLabel_en-US" xlink:label="lab_bk_AssetsofConsolidatedInvestmentManagementFundsAbstract_642185146B08A1E8DC0C7D1EC7AE64CA" 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:loc xlink:href="bk-20161231.xsd#bk_AssetsofConsolidatedInvestmentManagementFundsAbstract" xlink:label="loc_bk_AssetsofConsolidatedInvestmentManagementFundsAbstract_642185146B08A1E8DC0C7D1EC7AE64CA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AssetsofConsolidatedInvestmentManagementFundsAbstract_642185146B08A1E8DC0C7D1EC7AE64CA" xlink:to="lab_bk_AssetsofConsolidatedInvestmentManagementFundsAbstract_642185146B08A1E8DC0C7D1EC7AE64CA" xlink:type="arc"/>
<link:label id="lab_bk_InvestmentIncome_77FFAC8856755DE41D427D1EC7AE47EB_verboseLabel_en-US" xlink:label="lab_bk_InvestmentIncome_77FFAC8856755DE41D427D1EC7AE47EB" 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_77FFAC8856755DE41D427D1EC7AE47EB_label_en-US" xlink:label="lab_bk_InvestmentIncome_77FFAC8856755DE41D427D1EC7AE47EB" 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_77FFAC8856755DE41D427D1EC7AE47EB_documentation_en-US" xlink:label="lab_bk_InvestmentIncome_77FFAC8856755DE41D427D1EC7AE47EB" 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-20161231.xsd#bk_InvestmentIncome" xlink:label="loc_bk_InvestmentIncome_77FFAC8856755DE41D427D1EC7AE47EB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_InvestmentIncome_77FFAC8856755DE41D427D1EC7AE47EB" xlink:to="lab_bk_InvestmentIncome_77FFAC8856755DE41D427D1EC7AE47EB" xlink:type="arc"/>
<link:label id="lab_us-gaap_InterestExpenseOther_E80BA2FEA0C19E9433107D1EC7AE4C0E_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseOther_E80BA2FEA0C19E9433107D1EC7AE4C0E" 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_E80BA2FEA0C19E9433107D1EC7AE4C0E_label_en-US" xlink:label="lab_us-gaap_InterestExpenseOther_E80BA2FEA0C19E9433107D1EC7AE4C0E" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpenseOther" xlink:label="loc_us-gaap_InterestExpenseOther_E80BA2FEA0C19E9433107D1EC7AE4C0E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpenseOther_E80BA2FEA0C19E9433107D1EC7AE4C0E" xlink:to="lab_us-gaap_InterestExpenseOther_E80BA2FEA0C19E9433107D1EC7AE4C0E" xlink:type="arc"/>
<link:label id="lab_us-gaap_InvestmentIncomeNet_5559BD3157590877446C7D1EC7AED4C6_totalLabel_en-US" xlink:label="lab_us-gaap_InvestmentIncomeNet_5559BD3157590877446C7D1EC7AED4C6" 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:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentIncomeNet" xlink:label="loc_us-gaap_InvestmentIncomeNet_5559BD3157590877446C7D1EC7AED4C6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentIncomeNet_5559BD3157590877446C7D1EC7AED4C6" xlink:to="lab_us-gaap_InvestmentIncomeNet_5559BD3157590877446C7D1EC7AED4C6" xlink:type="arc"/>
<link:label id="lab_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLossAbstract_281DAD3469A48E14260F7D1EC7AE1520_terseLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLossAbstract_281DAD3469A48E14260F7D1EC7AE1520" 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_281DAD3469A48E14260F7D1EC7AE1520_label_en-US" xlink:label="lab_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLossAbstract_281DAD3469A48E14260F7D1EC7AE1520" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestIncomeExpenseAfterProvisionForLoanLossAbstract" xlink:label="loc_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLossAbstract_281DAD3469A48E14260F7D1EC7AE1520" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLossAbstract_281DAD3469A48E14260F7D1EC7AE1520" xlink:to="lab_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLossAbstract_281DAD3469A48E14260F7D1EC7AE1520" xlink:type="arc"/>
<link:label id="lab_us-gaap_InterestAndDividendIncomeOperating_C02C58B2AEF5F4EB46E37D1EC7AEA190_terseLabel_en-US" xlink:label="lab_us-gaap_InterestAndDividendIncomeOperating_C02C58B2AEF5F4EB46E37D1EC7AEA190" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest revenue </link:label>
<link:label id="lab_us-gaap_InterestAndDividendIncomeOperating_C02C58B2AEF5F4EB46E37D1EC7AEA190_label_en-US" xlink:label="lab_us-gaap_InterestAndDividendIncomeOperating_C02C58B2AEF5F4EB46E37D1EC7AEA190" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestAndDividendIncomeOperating" xlink:label="loc_us-gaap_InterestAndDividendIncomeOperating_C02C58B2AEF5F4EB46E37D1EC7AEA190" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestExpense_64E29879A03E1066DA037D1EC7AEE69D_verboseLabel_en-US" xlink:label="lab_us-gaap_InterestExpense_64E29879A03E1066DA037D1EC7AEE69D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Interest expense </link:label>
<link:label id="lab_us-gaap_InterestExpense_64E29879A03E1066DA037D1EC7AEE69D_label_en-US" xlink:label="lab_us-gaap_InterestExpense_64E29879A03E1066DA037D1EC7AEE69D" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaap_InterestExpense_64E29879A03E1066DA037D1EC7AEE69D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpense_64E29879A03E1066DA037D1EC7AEE69D" xlink:to="lab_us-gaap_InterestExpense_64E29879A03E1066DA037D1EC7AEE69D" xlink:type="arc"/>
<link:label id="lab_us-gaap_InterestIncomeExpenseNet_25D1FEAF4B79C04F0CF87D1EC7AE282D_totalLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeExpenseNet_25D1FEAF4B79C04F0CF87D1EC7AE282D" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net interest revenue </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestIncomeExpenseNet" xlink:label="loc_us-gaap_InterestIncomeExpenseNet_25D1FEAF4B79C04F0CF87D1EC7AE282D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestIncomeExpenseNet_25D1FEAF4B79C04F0CF87D1EC7AE282D" xlink:to="lab_us-gaap_InterestIncomeExpenseNet_25D1FEAF4B79C04F0CF87D1EC7AE282D" xlink:type="arc"/>
<link:label id="lab_bk_TotalRevenuesIncludingRevenueGeneratedByVariableInterestEntities_9E55255C301E06FB5CF77D1EC7AE3D5C_totalLabel_en-US" xlink:label="lab_bk_TotalRevenuesIncludingRevenueGeneratedByVariableInterestEntities_9E55255C301E06FB5CF77D1EC7AE3D5C" 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_9E55255C301E06FB5CF77D1EC7AE3D5C_label_en-US" xlink:label="lab_bk_TotalRevenuesIncludingRevenueGeneratedByVariableInterestEntities_9E55255C301E06FB5CF77D1EC7AE3D5C" 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_9E55255C301E06FB5CF77D1EC7AE3D5C_documentation_en-US" xlink:label="lab_bk_TotalRevenuesIncludingRevenueGeneratedByVariableInterestEntities_9E55255C301E06FB5CF77D1EC7AE3D5C" 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-20161231.xsd#bk_TotalRevenuesIncludingRevenueGeneratedByVariableInterestEntities" xlink:label="loc_bk_TotalRevenuesIncludingRevenueGeneratedByVariableInterestEntities_9E55255C301E06FB5CF77D1EC7AE3D5C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NoninterestExpenseAbstract_BE75BA24A25CD898CB0B7D1EC7AEC84C_terseLabel_en-US" xlink:label="lab_us-gaap_NoninterestExpenseAbstract_BE75BA24A25CD898CB0B7D1EC7AEC84C" 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_BE75BA24A25CD898CB0B7D1EC7AEC84C_label_en-US" xlink:label="lab_us-gaap_NoninterestExpenseAbstract_BE75BA24A25CD898CB0B7D1EC7AEC84C" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NoninterestExpenseAbstract" xlink:label="loc_us-gaap_NoninterestExpenseAbstract_BE75BA24A25CD898CB0B7D1EC7AEC84C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LaborAndRelatedExpense_F142E35EED69DA8E39457D1EC7AE6B40_terseLabel_en-US" xlink:label="lab_us-gaap_LaborAndRelatedExpense_F142E35EED69DA8E39457D1EC7AE6B40" 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_F142E35EED69DA8E39457D1EC7AE6B40_label_en-US" xlink:label="lab_us-gaap_LaborAndRelatedExpense_F142E35EED69DA8E39457D1EC7AE6B40" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LaborAndRelatedExpense" xlink:label="loc_us-gaap_LaborAndRelatedExpense_F142E35EED69DA8E39457D1EC7AE6B40" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LaborAndRelatedExpense_F142E35EED69DA8E39457D1EC7AE6B40" xlink:to="lab_us-gaap_LaborAndRelatedExpense_F142E35EED69DA8E39457D1EC7AE6B40" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProfessionalFees_CEC9F0EACA06CFACFBBE7D1EC7AEA139_terseLabel_en-US" xlink:label="lab_us-gaap_ProfessionalFees_CEC9F0EACA06CFACFBBE7D1EC7AEA139" 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_CEC9F0EACA06CFACFBBE7D1EC7AEA139_label_en-US" xlink:label="lab_us-gaap_ProfessionalFees_CEC9F0EACA06CFACFBBE7D1EC7AEA139" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Professional Fees </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProfessionalFees" xlink:label="loc_us-gaap_ProfessionalFees_CEC9F0EACA06CFACFBBE7D1EC7AEA139" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProfessionalFees_CEC9F0EACA06CFACFBBE7D1EC7AEA139" xlink:to="lab_us-gaap_ProfessionalFees_CEC9F0EACA06CFACFBBE7D1EC7AEA139" xlink:type="arc"/>
<link:label id="lab_us-gaap_InformationTechnologyAndDataProcessing_C51E5BFD27F55E04CFEF7D1EC7AF58E8_terseLabel_en-US" xlink:label="lab_us-gaap_InformationTechnologyAndDataProcessing_C51E5BFD27F55E04CFEF7D1EC7AF58E8" 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_C51E5BFD27F55E04CFEF7D1EC7AF58E8_label_en-US" xlink:label="lab_us-gaap_InformationTechnologyAndDataProcessing_C51E5BFD27F55E04CFEF7D1EC7AF58E8" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InformationTechnologyAndDataProcessing" xlink:label="loc_us-gaap_InformationTechnologyAndDataProcessing_C51E5BFD27F55E04CFEF7D1EC7AF58E8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OccupancyNet_0793FAE501C100956DE87D1EC7AFE6AA_terseLabel_en-US" xlink:label="lab_us-gaap_OccupancyNet_0793FAE501C100956DE87D1EC7AFE6AA" 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_0793FAE501C100956DE87D1EC7AFE6AA_label_en-US" xlink:label="lab_us-gaap_OccupancyNet_0793FAE501C100956DE87D1EC7AFE6AA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Occupancy, Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OccupancyNet" xlink:label="loc_us-gaap_OccupancyNet_0793FAE501C100956DE87D1EC7AFE6AA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OccupancyNet_0793FAE501C100956DE87D1EC7AFE6AA" xlink:to="lab_us-gaap_OccupancyNet_0793FAE501C100956DE87D1EC7AFE6AA" xlink:type="arc"/>
<link:label id="lab_us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees_C66662177A63AE8B087C7D1EC7AF454E_terseLabel_en-US" xlink:label="lab_us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees_C66662177A63AE8B087C7D1EC7AF454E" 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_C66662177A63AE8B087C7D1EC7AF454E_label_en-US" xlink:label="lab_us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees_C66662177A63AE8B087C7D1EC7AF454E" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees" xlink:label="loc_us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees_C66662177A63AE8B087C7D1EC7AF454E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NoninterestExpenseTransferAgentAndCustodianFees_BB79934F1F63847640D67D1EC7AF2E89_terseLabel_en-US" xlink:label="lab_us-gaap_NoninterestExpenseTransferAgentAndCustodianFees_BB79934F1F63847640D67D1EC7AF2E89" 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_BB79934F1F63847640D67D1EC7AF2E89_label_en-US" xlink:label="lab_us-gaap_NoninterestExpenseTransferAgentAndCustodianFees_BB79934F1F63847640D67D1EC7AF2E89" 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>
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<link:label id="lab_us-gaap_EquipmentExpense_BC0F67244CE86814C4EC7D1EC7AFD141_terseLabel_en-US" xlink:label="lab_us-gaap_EquipmentExpense_BC0F67244CE86814C4EC7D1EC7AFD141" 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_BC0F67244CE86814C4EC7D1EC7AFD141_label_en-US" xlink:label="lab_us-gaap_EquipmentExpense_BC0F67244CE86814C4EC7D1EC7AFD141" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equipment Expense </link:label>
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<link:label id="lab_us-gaap_BusinessDevelopment_8CC9D5034EC6D977185E7D1EC7AF9AC0_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessDevelopment_8CC9D5034EC6D977185E7D1EC7AF9AC0" 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_8CC9D5034EC6D977185E7D1EC7AF9AC0_label_en-US" xlink:label="lab_us-gaap_BusinessDevelopment_8CC9D5034EC6D977185E7D1EC7AF9AC0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Business Development </link:label>
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<link:label id="lab_us-gaap_OtherNoninterestExpense_EC464F2C9C7DB9778D817D1EC7AFBDBC_terseLabel_en-US" xlink:label="lab_us-gaap_OtherNoninterestExpense_EC464F2C9C7DB9778D817D1EC7AFBDBC" 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_EC464F2C9C7DB9778D817D1EC7AFBDBC_label_en-US" xlink:label="lab_us-gaap_OtherNoninterestExpense_EC464F2C9C7DB9778D817D1EC7AFBDBC" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherNoninterestExpense" xlink:label="loc_us-gaap_OtherNoninterestExpense_EC464F2C9C7DB9778D817D1EC7AFBDBC" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AmortizationOfIntangibleAssets_00AFC05DDEE6DE472B907D1EC7AF80A8_terseLabel_en-US" xlink:label="lab_us-gaap_AmortizationOfIntangibleAssets_00AFC05DDEE6DE472B907D1EC7AF80A8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Amortization of intangible assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AmortizationOfIntangibleAssets" xlink:label="loc_us-gaap_AmortizationOfIntangibleAssets_00AFC05DDEE6DE472B907D1EC7AF80A8" xlink:type="locator"/>
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<link:label id="lab_bk_MergerAndIntegrationLitigationAndRestructuringCharges_47A7219805DDE5D8F8E47D1EC7AF867B_terseLabel_en-US" xlink:label="lab_bk_MergerAndIntegrationLitigationAndRestructuringCharges_47A7219805DDE5D8F8E47D1EC7AF867B" 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_47A7219805DDE5D8F8E47D1EC7AF867B_label_en-US" xlink:label="lab_bk_MergerAndIntegrationLitigationAndRestructuringCharges_47A7219805DDE5D8F8E47D1EC7AF867B" 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_47A7219805DDE5D8F8E47D1EC7AF867B_documentation_en-US" xlink:label="lab_bk_MergerAndIntegrationLitigationAndRestructuringCharges_47A7219805DDE5D8F8E47D1EC7AF867B" 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-20161231.xsd#bk_MergerAndIntegrationLitigationAndRestructuringCharges" xlink:label="loc_bk_MergerAndIntegrationLitigationAndRestructuringCharges_47A7219805DDE5D8F8E47D1EC7AF867B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NoninterestExpense_6654B164B721E0C5B0C07D1EC7AFEFF7_totalLabel_en-US" xlink:label="lab_us-gaap_NoninterestExpense_6654B164B721E0C5B0C07D1EC7AFEFF7" 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_6654B164B721E0C5B0C07D1EC7AFEFF7_label_en-US" xlink:label="lab_us-gaap_NoninterestExpense_6654B164B721E0C5B0C07D1EC7AFEFF7" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NoninterestExpense" xlink:label="loc_us-gaap_NoninterestExpense_6654B164B721E0C5B0C07D1EC7AFEFF7" xlink:type="locator"/>
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<link:label id="lab_bk_IncomeAbstract_1794D58759CBDE12E8017D1EC7AF75CA_terseLabel_en-US" xlink:label="lab_bk_IncomeAbstract_1794D58759CBDE12E8017D1EC7AF75CA" 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_1794D58759CBDE12E8017D1EC7AF75CA_label_en-US" xlink:label="lab_bk_IncomeAbstract_1794D58759CBDE12E8017D1EC7AF75CA" 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_1794D58759CBDE12E8017D1EC7AF75CA_documentation_en-US" xlink:label="lab_bk_IncomeAbstract_1794D58759CBDE12E8017D1EC7AF75CA" 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-20161231.xsd#bk_IncomeAbstract" xlink:label="loc_bk_IncomeAbstract_1794D58759CBDE12E8017D1EC7AF75CA" xlink:type="locator"/>
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<link:label id="lab_bk_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_379F81010FA13CECAA127D1EC7AFBBF3_verboseLabel_en-US" xlink:label="lab_bk_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_379F81010FA13CECAA127D1EC7AFBBF3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Income before income taxes </link:label>
<link:label id="lab_bk_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_379F81010FA13CECAA127D1EC7AFBBF3_label_en-US" xlink:label="lab_bk_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_379F81010FA13CECAA127D1EC7AFBBF3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Loss From Continuing Operations Before Income Taxes </link:label>
<link:label id="lab_bk_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_379F81010FA13CECAA127D1EC7AFBBF3_documentation_en-US" xlink:label="lab_bk_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_379F81010FA13CECAA127D1EC7AFBBF3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Sum of operating profit and nonoperating income (expense) before income taxes. </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_IncomeLossFromContinuingOperationsBeforeIncomeTaxes" xlink:label="loc_bk_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_379F81010FA13CECAA127D1EC7AFBBF3" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_A834E1E90B2099F5EED77D1EC7AFB7D2_netLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_A834E1E90B2099F5EED77D1EC7AFB7D2" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US"> Provision for income taxes </link:label>
<link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_A834E1E90B2099F5EED77D1EC7AFB7D2_label_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_A834E1E90B2099F5EED77D1EC7AFB7D2" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_A834E1E90B2099F5EED77D1EC7AFB7D2" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ProfitLoss_4777C80A557BA469A5767D1EC7AF0D67_totalLabel_en-US" xlink:label="lab_us-gaap_ProfitLoss_4777C80A557BA469A5767D1EC7AF0D67" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_4777C80A557BA469A5767D1EC7AF0D67" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_BD1611C0240D961B6EEB7D1EC7AF4B7E_negatedLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_BD1611C0240D961B6EEB7D1EC7AF4B7E" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Net (income) attributable to noncontrolling interests (includes $(10), $(68) and $(84) related to consolidated investment management funds, respectively) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_BD1611C0240D961B6EEB7D1EC7AF4B7E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NetIncomeLoss_7E0CC90535519EB4880C7D1EC7AF078D_totalLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_7E0CC90535519EB4880C7D1EC7AF078D" 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:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_7E0CC90535519EB4880C7D1EC7AF078D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PreferredStockDividendsIncomeStatementImpact_9280066CB6A85D357D6B7D1EC7B0ABD4_negatedLabel_en-US" xlink:label="lab_us-gaap_PreferredStockDividendsIncomeStatementImpact_9280066CB6A85D357D6B7D1EC7B0ABD4" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock dividends </link:label>
<link:label id="lab_us-gaap_PreferredStockDividendsIncomeStatementImpact_9280066CB6A85D357D6B7D1EC7B0ABD4_label_en-US" xlink:label="lab_us-gaap_PreferredStockDividendsIncomeStatementImpact_9280066CB6A85D357D6B7D1EC7B0ABD4" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockDividendsIncomeStatementImpact" xlink:label="loc_us-gaap_PreferredStockDividendsIncomeStatementImpact_9280066CB6A85D357D6B7D1EC7B0ABD4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_9AD8D7755B57F74672E17D1EC7B00960_totalLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_9AD8D7755B57F74672E17D1EC7B00960" 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_9AD8D7755B57F74672E17D1EC7B00960_label_en-US" xlink:label="lab_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_9AD8D7755B57F74672E17D1EC7B00960" 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_WeightedAverageNumberOfSharesRestrictedStock_4A6BE162314CFC888FCC7D1EC7B0D2F8_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesRestrictedStock_4A6BE162314CFC888FCC7D1EC7B0D2F8" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Less: Participating securities (shares) </link:label>
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<link:label id="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_0A98A790808A27D68FFB7D1EC7B01A1D_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_0A98A790808A27D68FFB7D1EC7B01A1D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Weighted Average Number of Shares Outstanding, Diluted </link:label>
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<link:label id="lab_bk_ImpairedLoansDisclosureTableTextBlock_1CBECF02CE0F523DA90FFB148DF5AEEB_terseLabel_en-US" xlink:label="lab_bk_ImpairedLoansDisclosureTableTextBlock_1CBECF02CE0F523DA90FFB148DF5AEEB" 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_1CBECF02CE0F523DA90FFB148DF5AEEB_label_en-US" xlink:label="lab_bk_ImpairedLoansDisclosureTableTextBlock_1CBECF02CE0F523DA90FFB148DF5AEEB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impaired Loans Disclosure [Table Text Block] </link:label>
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<link:label id="lab_us-gaap_PastDueFinancingReceivablesTableTextBlock_64D541B3D2ABC607A001FB148DF5411E_terseLabel_en-US" xlink:label="lab_us-gaap_PastDueFinancingReceivablesTableTextBlock_64D541B3D2ABC607A001FB148DF5411E" 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_64D541B3D2ABC607A001FB148DF5411E_label_en-US" xlink:label="lab_us-gaap_PastDueFinancingReceivablesTableTextBlock_64D541B3D2ABC607A001FB148DF5411E" 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_4F2CCC2A62D750DC223AFB148DF5CA9F_label_en-US" xlink:label="lab_us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock_4F2CCC2A62D750DC223AFB148DF5CA9F" 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>
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<link:label id="lab_bk_FinancingReceivableCreditQualityIndicatorsTableCommercialPortfolioTableTextBlock_220B8A0CB83D98A19E3BFB148DF561B7_terseLabel_en-US" xlink:label="lab_bk_FinancingReceivableCreditQualityIndicatorsTableCommercialPortfolioTableTextBlock_220B8A0CB83D98A19E3BFB148DF561B7" 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_220B8A0CB83D98A19E3BFB148DF561B7_label_en-US" xlink:label="lab_bk_FinancingReceivableCreditQualityIndicatorsTableCommercialPortfolioTableTextBlock_220B8A0CB83D98A19E3BFB148DF561B7" 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_220B8A0CB83D98A19E3BFB148DF561B7_documentation_en-US" xlink:label="lab_bk_FinancingReceivableCreditQualityIndicatorsTableCommercialPortfolioTableTextBlock_220B8A0CB83D98A19E3BFB148DF561B7" 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>
<link:loc xlink:href="bk-20161231.xsd#bk_FinancingReceivableCreditQualityIndicatorsTableCommercialPortfolioTableTextBlock" xlink:label="loc_bk_FinancingReceivableCreditQualityIndicatorsTableCommercialPortfolioTableTextBlock_220B8A0CB83D98A19E3BFB148DF561B7" xlink:type="locator"/>
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<link:label id="lab_bk_FinancingReceivableCreditQualityIndicatorsTableWealthManagementLoansTableTextBlock_6A7E1FC51098FD8DCBA7FB148DF50839_terseLabel_en-US" xlink:label="lab_bk_FinancingReceivableCreditQualityIndicatorsTableWealthManagementLoansTableTextBlock_6A7E1FC51098FD8DCBA7FB148DF50839" 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>
<link:label id="lab_bk_FinancingReceivableCreditQualityIndicatorsTableWealthManagementLoansTableTextBlock_6A7E1FC51098FD8DCBA7FB148DF50839_label_en-US" xlink:label="lab_bk_FinancingReceivableCreditQualityIndicatorsTableWealthManagementLoansTableTextBlock_6A7E1FC51098FD8DCBA7FB148DF50839" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable Credit Quality Indicators Table Wealth Management Loans [Table Text Block] </link:label>
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<link:label id="lab_us-gaap_ScheduleOfStockByClassTable_71D1FE0FD22A20C12158638C45078344_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfStockByClassTable_71D1FE0FD22A20C12158638C45078344" xlink:role="http://www.xbrl.org/2003/role/terseLabel" 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_SeriesAPreferredStockMember_6FA4DFD66A3170DE3F2D638C45089A85_terseLabel_en-US" xlink:label="lab_us-gaap_SeriesAPreferredStockMember_6FA4DFD66A3170DE3F2D638C45089A85" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Series A Noncumulative Perpetual Preferred Stock </link:label>
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<link:label id="lab_us-gaap_SeriesEPreferredStockMember_4FB329F5691BDE418AB5638C45084574_terseLabel_en-US" xlink:label="lab_us-gaap_SeriesEPreferredStockMember_4FB329F5691BDE418AB5638C45084574" 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_4FB329F5691BDE418AB5638C45084574_label_en-US" xlink:label="lab_us-gaap_SeriesEPreferredStockMember_4FB329F5691BDE418AB5638C45084574" 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_VariableRateAxis_7F1E842906B9213913CB638C4508E171_terseLabel_en-US" xlink:label="lab_us-gaap_VariableRateAxis_7F1E842906B9213913CB638C4508E171" 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_7F1E842906B9213913CB638C4508E171_label_en-US" xlink:label="lab_us-gaap_VariableRateAxis_7F1E842906B9213913CB638C4508E171" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableRateAxis" xlink:label="loc_us-gaap_VariableRateAxis_7F1E842906B9213913CB638C4508E171" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableRateAxis_7F1E842906B9213913CB638C4508E171" xlink:to="lab_us-gaap_VariableRateAxis_7F1E842906B9213913CB638C4508E171" xlink:type="arc"/>
<link:label id="lab_us-gaap_VariableRateDomain_E06E75342E590961E936638C4508DF74_terseLabel_en-US" xlink:label="lab_us-gaap_VariableRateDomain_E06E75342E590961E936638C4508DF74" 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_E06E75342E590961E936638C4508DF74_label_en-US" xlink:label="lab_us-gaap_VariableRateDomain_E06E75342E590961E936638C4508DF74" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableRateDomain" xlink:label="loc_us-gaap_VariableRateDomain_E06E75342E590961E936638C4508DF74" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableRateDomain_E06E75342E590961E936638C4508DF74" xlink:to="lab_us-gaap_VariableRateDomain_E06E75342E590961E936638C4508DF74" xlink:type="arc"/>
<link:label id="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_8F0231CBA73843A89875638C4508F962_terseLabel_en-US" xlink:label="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_8F0231CBA73843A89875638C4508F962" 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_8F0231CBA73843A89875638C4508F962_label_en-US" xlink:label="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_8F0231CBA73843A89875638C4508F962" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LondonInterbankOfferedRateLIBORMember" xlink:label="loc_us-gaap_LondonInterbankOfferedRateLIBORMember_8F0231CBA73843A89875638C4508F962" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LondonInterbankOfferedRateLIBORMember_8F0231CBA73843A89875638C4508F962" xlink:to="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_8F0231CBA73843A89875638C4508F962" xlink:type="arc"/>
<link:label id="lab_us-gaap_ClassOfStockLineItems_64448A7D755675F59DE5638C450853CB_terseLabel_en-US" xlink:label="lab_us-gaap_ClassOfStockLineItems_64448A7D755675F59DE5638C450853CB" 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_64448A7D755675F59DE5638C450853CB_label_en-US" xlink:label="lab_us-gaap_ClassOfStockLineItems_64448A7D755675F59DE5638C450853CB" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="loc_us-gaap_ClassOfStockLineItems_64448A7D755675F59DE5638C450853CB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ClassOfStockLineItems_64448A7D755675F59DE5638C450853CB" xlink:to="lab_us-gaap_ClassOfStockLineItems_64448A7D755675F59DE5638C450853CB" xlink:type="arc"/>
<link:label id="lab_bk_PreferredStockRedemptionPeriodFollowingRegulatoryCapitalTreatmentEvent_CCBA0BD480865F1B9842638C4508497D_terseLabel_en-US" xlink:label="lab_bk_PreferredStockRedemptionPeriodFollowingRegulatoryCapitalTreatmentEvent_CCBA0BD480865F1B9842638C4508497D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock redemption period following regulatory capital treatment event </link:label>
<link:label id="lab_bk_PreferredStockRedemptionPeriodFollowingRegulatoryCapitalTreatmentEvent_CCBA0BD480865F1B9842638C4508497D_label_en-US" xlink:label="lab_bk_PreferredStockRedemptionPeriodFollowingRegulatoryCapitalTreatmentEvent_CCBA0BD480865F1B9842638C4508497D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock Redemption Period Following Regulatory Capital Treatment Event </link:label>
<link:label id="lab_bk_PreferredStockRedemptionPeriodFollowingRegulatoryCapitalTreatmentEvent_CCBA0BD480865F1B9842638C4508497D_documentation_en-US" xlink:label="lab_bk_PreferredStockRedemptionPeriodFollowingRegulatoryCapitalTreatmentEvent_CCBA0BD480865F1B9842638C4508497D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The Series C, Series D and Series E preferred stock can be redeemed in whole but not in part at any time within 90 days following a regulatory capital treatment event (as defined in the Certificate of Designations of the Series C preferred stock, the Certificate of Designations of the Series D preferred stock and the Certificate of Designations of the Series E preferred stock). </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_PreferredStockRedemptionPeriodFollowingRegulatoryCapitalTreatmentEvent" xlink:label="loc_bk_PreferredStockRedemptionPeriodFollowingRegulatoryCapitalTreatmentEvent_CCBA0BD480865F1B9842638C4508497D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_PreferredStockRedemptionPeriodFollowingRegulatoryCapitalTreatmentEvent_CCBA0BD480865F1B9842638C4508497D" xlink:to="lab_bk_PreferredStockRedemptionPeriodFollowingRegulatoryCapitalTreatmentEvent_CCBA0BD480865F1B9842638C4508497D" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockDividendPaymentRateVariable_254B38A7DC077B3D8283638C4509681D_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockDividendPaymentRateVariable_254B38A7DC077B3D8283638C4509681D" 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_254B38A7DC077B3D8283638C4509681D_label_en-US" xlink:label="lab_us-gaap_PreferredStockDividendPaymentRateVariable_254B38A7DC077B3D8283638C4509681D" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockDividendPaymentRateVariable" xlink:label="loc_us-gaap_PreferredStockDividendPaymentRateVariable_254B38A7DC077B3D8283638C4509681D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockDividendPaymentRateVariable_254B38A7DC077B3D8283638C4509681D" xlink:to="lab_us-gaap_PreferredStockDividendPaymentRateVariable_254B38A7DC077B3D8283638C4509681D" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockDividendRatePercentage_8F4CC223211F3B3A44D1638C4509ADC0_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockDividendRatePercentage_8F4CC223211F3B3A44D1638C4509ADC0" 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_8F4CC223211F3B3A44D1638C4509ADC0_label_en-US" xlink:label="lab_us-gaap_PreferredStockDividendRatePercentage_8F4CC223211F3B3A44D1638C4509ADC0" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockDividendRatePercentage" xlink:label="loc_us-gaap_PreferredStockDividendRatePercentage_8F4CC223211F3B3A44D1638C4509ADC0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockDividendRatePercentage_8F4CC223211F3B3A44D1638C4509ADC0" xlink:to="lab_us-gaap_PreferredStockDividendRatePercentage_8F4CC223211F3B3A44D1638C4509ADC0" xlink:type="arc"/>
<link:label id="lab_bk_PreferredStockDividendPaymentRateBasisSpreadOnVariableRate_6EC784EC44173C2C7B82638C45092BBC_terseLabel_en-US" xlink:label="lab_bk_PreferredStockDividendPaymentRateBasisSpreadOnVariableRate_6EC784EC44173C2C7B82638C45092BBC" 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_6EC784EC44173C2C7B82638C45092BBC_label_en-US" xlink:label="lab_bk_PreferredStockDividendPaymentRateBasisSpreadOnVariableRate_6EC784EC44173C2C7B82638C45092BBC" 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_6EC784EC44173C2C7B82638C45092BBC_documentation_en-US" xlink:label="lab_bk_PreferredStockDividendPaymentRateBasisSpreadOnVariableRate_6EC784EC44173C2C7B82638C45092BBC" 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-20161231.xsd#bk_PreferredStockDividendPaymentRateBasisSpreadOnVariableRate" xlink:label="loc_bk_PreferredStockDividendPaymentRateBasisSpreadOnVariableRate_6EC784EC44173C2C7B82638C45092BBC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_PreferredStockDividendPaymentRateBasisSpreadOnVariableRate_6EC784EC44173C2C7B82638C45092BBC" xlink:to="lab_bk_PreferredStockDividendPaymentRateBasisSpreadOnVariableRate_6EC784EC44173C2C7B82638C45092BBC" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockLiquidationPreference_CD5464779FCF3B3B3FDB638C4509C348_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockLiquidationPreference_CD5464779FCF3B3B3FDB638C4509C348" 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_CD5464779FCF3B3B3FDB638C4509C348_label_en-US" xlink:label="lab_us-gaap_PreferredStockLiquidationPreference_CD5464779FCF3B3B3FDB638C4509C348" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockLiquidationPreference" xlink:label="loc_us-gaap_PreferredStockLiquidationPreference_CD5464779FCF3B3B3FDB638C4509C348" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockLiquidationPreference_CD5464779FCF3B3B3FDB638C4509C348" xlink:to="lab_us-gaap_PreferredStockLiquidationPreference_CD5464779FCF3B3B3FDB638C4509C348" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockSharesOutstanding_10D77EF9AF0F3FC511AE638C4509302E_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockSharesOutstanding_10D77EF9AF0F3FC511AE638C4509302E" 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_10D77EF9AF0F3FC511AE638C4509302E_label_en-US" xlink:label="lab_us-gaap_PreferredStockSharesOutstanding_10D77EF9AF0F3FC511AE638C4509302E" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="loc_us-gaap_PreferredStockSharesOutstanding_10D77EF9AF0F3FC511AE638C4509302E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockSharesOutstanding_10D77EF9AF0F3FC511AE638C4509302E" xlink:to="lab_us-gaap_PreferredStockSharesOutstanding_10D77EF9AF0F3FC511AE638C4509302E" xlink:type="arc"/>
<link:label id="lab_us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests_EC043615529A8BC2ABA8638C45095503_verboseLabel_en-US" xlink:label="lab_us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests_EC043615529A8BC2ABA8638C45095503" 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_EC043615529A8BC2ABA8638C45095503_label_en-US" xlink:label="lab_us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests_EC043615529A8BC2ABA8638C45095503" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests" xlink:label="loc_us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests_EC043615529A8BC2ABA8638C45095503" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests_EC043615529A8BC2ABA8638C45095503" xlink:to="lab_us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests_EC043615529A8BC2ABA8638C45095503" xlink:type="arc"/>
<link:label id="lab_us-gaap_InterestIncomeAndInterestExpenseDisclosureTextBlock_84F32985AD9FF1A5570C952C8C14C8DC_terseLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeAndInterestExpenseDisclosureTextBlock_AD7CAD3DEEE1559C86C8209E74F5BAD3" 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_InterestIncomeAndInterestExpenseDisclosureTextBlock_84F32985AD9FF1A5570C952C8C14C8DC_label_en-US" xlink:label="lab_us-gaap_InterestIncomeAndInterestExpenseDisclosureTextBlock_AD7CAD3DEEE1559C86C8209E74F5BAD3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Income and Interest Expense Disclosure [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestIncomeAndInterestExpenseDisclosureTextBlock" xlink:label="loc_us-gaap_InterestIncomeAndInterestExpenseDisclosureTextBlock_AD7CAD3DEEE1559C86C8209E74F5BAD3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestIncomeAndInterestExpenseDisclosureTextBlock_AD7CAD3DEEE1559C86C8209E74F5BAD3" xlink:to="lab_us-gaap_InterestIncomeAndInterestExpenseDisclosureTextBlock_AD7CAD3DEEE1559C86C8209E74F5BAD3" xlink:type="arc"/>
<link:label id="lab_bk_EuropeMiddleEastAndAfricaMember_CAFCFE6CC5422DE03BA0698624797D49_terseLabel_en-US" xlink:label="lab_bk_EuropeMiddleEastAndAfricaMember_CAFCFE6CC5422DE03BA0698624797D49" 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_CAFCFE6CC5422DE03BA0698624797D49_label_en-US" xlink:label="lab_bk_EuropeMiddleEastAndAfricaMember_CAFCFE6CC5422DE03BA0698624797D49" 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_CAFCFE6CC5422DE03BA0698624797D49_documentation_en-US" xlink:label="lab_bk_EuropeMiddleEastAndAfricaMember_CAFCFE6CC5422DE03BA0698624797D49" 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-20161231.xsd#bk_EuropeMiddleEastAndAfricaMember" xlink:label="loc_bk_EuropeMiddleEastAndAfricaMember_CAFCFE6CC5422DE03BA0698624797D49" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_EuropeMiddleEastAndAfricaMember_CAFCFE6CC5422DE03BA0698624797D49" xlink:to="lab_bk_EuropeMiddleEastAndAfricaMember_CAFCFE6CC5422DE03BA0698624797D49" xlink:type="arc"/>
<link:label id="lab_us-gaap_AsiaPacificMember_9521D8F0F04D8FFE8C8D698624793AE3_terseLabel_en-US" xlink:label="lab_us-gaap_AsiaPacificMember_9521D8F0F04D8FFE8C8D698624793AE3" 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_9521D8F0F04D8FFE8C8D698624793AE3_label_en-US" xlink:label="lab_us-gaap_AsiaPacificMember_9521D8F0F04D8FFE8C8D698624793AE3" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AsiaPacificMember" xlink:label="loc_us-gaap_AsiaPacificMember_9521D8F0F04D8FFE8C8D698624793AE3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AsiaPacificMember_9521D8F0F04D8FFE8C8D698624793AE3" xlink:to="lab_us-gaap_AsiaPacificMember_9521D8F0F04D8FFE8C8D698624793AE3" xlink:type="arc"/>
<link:label id="lab_bk_ForeignMember_195818538CBEC5F2BCBD698624795693_verboseLabel_en-US" xlink:label="lab_bk_ForeignMember_195818538CBEC5F2BCBD698624795693" 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-20161231.xsd#bk_ForeignMember" xlink:label="loc_bk_ForeignMember_195818538CBEC5F2BCBD698624795693" xlink:type="locator"/>
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<link:label id="lab_bk_TotalAssetsContinuingOperations_E04726E0A3F9C6F1DBEB698624795A0E_label_en-US" xlink:label="lab_bk_TotalAssetsContinuingOperations_E04726E0A3F9C6F1DBEB698624795A0E" 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_E04726E0A3F9C6F1DBEB698624795A0E_documentation_en-US" xlink:label="lab_bk_TotalAssetsContinuingOperations_E04726E0A3F9C6F1DBEB698624795A0E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Total Assets, Continuing Operations </link:label>
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<link:loc xlink:href="bk-20161231.xsd#bk_TotalRevenuesIncludingRevenueGeneratedByVariableInterestEntities" xlink:label="loc_bk_TotalRevenuesIncludingRevenueGeneratedByVariableInterestEntities_6C88F5A9E7694F7FB75E69862479F707" xlink:type="locator"/>
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<link:label id="lab_bk_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_A0A0F10D229C54C84FF5698624796C2B_terseLabel_en-US" xlink:label="lab_bk_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_A0A0F10D229C54C84FF5698624796C2B" 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-20161231.xsd#bk_IncomeLossFromContinuingOperationsBeforeIncomeTaxes" xlink:label="loc_bk_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_A0A0F10D229C54C84FF5698624796C2B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_8021B927E9C54E33C1186986247AB1C3_verboseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_8021B927E9C54E33C1186986247AB1C3" 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_8021B927E9C54E33C1186986247AB1C3_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_8021B927E9C54E33C1186986247AB1C3" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_8021B927E9C54E33C1186986247AB1C3" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfCondensedFinancialStatementsTable_164A0011777B04BA9F4D7D1EC3473AE3_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfCondensedFinancialStatementsTable_164A0011777B04BA9F4D7D1EC3473AE3" 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_164A0011777B04BA9F4D7D1EC3473AE3_label_en-US" xlink:label="lab_us-gaap_ScheduleOfCondensedFinancialStatementsTable_164A0011777B04BA9F4D7D1EC3473AE3" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfCondensedFinancialStatementsTable" xlink:label="loc_us-gaap_ScheduleOfCondensedFinancialStatementsTable_164A0011777B04BA9F4D7D1EC3473AE3" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SubsequentEventTypeAxis_9B680DA079AC0D624F727D1EC348E7B0_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeAxis_9B680DA079AC0D624F727D1EC348E7B0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Subsequent Event Type [Axis] </link:label>
<link:label id="lab_us-gaap_SubsequentEventTypeAxis_9B680DA079AC0D624F727D1EC348E7B0_label_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeAxis_9B680DA079AC0D624F727D1EC348E7B0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Subsequent Event Type [Axis] </link:label>
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<link:label id="lab_us-gaap_SubsequentEventTypeDomain_CBAE4AD5530CB31E5A087D1EC3480B51_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeDomain_CBAE4AD5530CB31E5A087D1EC3480B51" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Subsequent Event Type [Domain] </link:label>
<link:label id="lab_us-gaap_SubsequentEventTypeDomain_CBAE4AD5530CB31E5A087D1EC3480B51_label_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeDomain_CBAE4AD5530CB31E5A087D1EC3480B51" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Subsequent Event Type [Domain] </link:label>
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<link:label id="lab_us-gaap_SubsequentEventMember_A8EFB63248B8FBDFA11E7D1EC3482116_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventMember_A8EFB63248B8FBDFA11E7D1EC3482116" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Subsequent Event </link:label>
<link:label id="lab_us-gaap_SubsequentEventMember_A8EFB63248B8FBDFA11E7D1EC3482116_label_en-US" xlink:label="lab_us-gaap_SubsequentEventMember_A8EFB63248B8FBDFA11E7D1EC3482116" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Subsequent Event [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventMember" xlink:label="loc_us-gaap_SubsequentEventMember_A8EFB63248B8FBDFA11E7D1EC3482116" xlink:type="locator"/>
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<link:label id="lab_bk_CreditExtensionsToAffiliatesMember_4183C9989358166AC0287D1EC3492D72_terseLabel_en-US" xlink:label="lab_bk_CreditExtensionsToAffiliatesMember_4183C9989358166AC0287D1EC3492D72" 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_4183C9989358166AC0287D1EC3492D72_label_en-US" xlink:label="lab_bk_CreditExtensionsToAffiliatesMember_4183C9989358166AC0287D1EC3492D72" 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_4183C9989358166AC0287D1EC3492D72_documentation_en-US" xlink:label="lab_bk_CreditExtensionsToAffiliatesMember_4183C9989358166AC0287D1EC3492D72" 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-20161231.xsd#bk_CreditExtensionsToAffiliatesMember" xlink:label="loc_bk_CreditExtensionsToAffiliatesMember_4183C9989358166AC0287D1EC3492D72" xlink:type="locator"/>
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<link:label id="lab_bk_CreditExtensionsInAggregateToBankOfNewYorkAndAllAffiliatesMember_FAF93F4B628F5962F02F7D1EC3498325_terseLabel_en-US" xlink:label="lab_bk_CreditExtensionsInAggregateToBankOfNewYorkAndAllAffiliatesMember_FAF93F4B628F5962F02F7D1EC3498325" 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_FAF93F4B628F5962F02F7D1EC3498325_label_en-US" xlink:label="lab_bk_CreditExtensionsInAggregateToBankOfNewYorkAndAllAffiliatesMember_FAF93F4B628F5962F02F7D1EC3498325" 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_FAF93F4B628F5962F02F7D1EC3498325_documentation_en-US" xlink:label="lab_bk_CreditExtensionsInAggregateToBankOfNewYorkAndAllAffiliatesMember_FAF93F4B628F5962F02F7D1EC3498325" 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-20161231.xsd#bk_CreditExtensionsInAggregateToBankOfNewYorkAndAllAffiliatesMember" xlink:label="loc_bk_CreditExtensionsInAggregateToBankOfNewYorkAndAllAffiliatesMember_FAF93F4B628F5962F02F7D1EC3498325" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CondensedFinancialStatementsCaptionsLineItems_886688BB2A79837B304C7D1EC349C2EF_terseLabel_en-US" xlink:label="lab_us-gaap_CondensedFinancialStatementsCaptionsLineItems_886688BB2A79837B304C7D1EC349C2EF" 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_886688BB2A79837B304C7D1EC349C2EF_label_en-US" xlink:label="lab_us-gaap_CondensedFinancialStatementsCaptionsLineItems_886688BB2A79837B304C7D1EC349C2EF" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedFinancialStatementsCaptionsLineItems" xlink:label="loc_us-gaap_CondensedFinancialStatementsCaptionsLineItems_886688BB2A79837B304C7D1EC349C2EF" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval_AB1C4B64EF0EA843D12E7D1EC349C3C9_terseLabel_en-US" xlink:label="lab_us-gaap_StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval_AB1C4B64EF0EA843D12E7D1EC349C3C9" 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_AB1C4B64EF0EA843D12E7D1EC349C3C9_label_en-US" xlink:label="lab_us-gaap_StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval_AB1C4B64EF0EA843D12E7D1EC349C3C9" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval" xlink:label="loc_us-gaap_StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval_AB1C4B64EF0EA843D12E7D1EC349C3C9" xlink:type="locator"/>
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<link:label id="lab_bk_LiquidAssetsHeldAmount_AEEA9F7CC50E6C2D947C7D1EC349D984_terseLabel_en-US" xlink:label="lab_bk_LiquidAssetsHeldAmount_AEEA9F7CC50E6C2D947C7D1EC349D984" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Liquid asset held, amount </link:label>
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<link:loc xlink:href="bk-20161231.xsd#bk_LiquidAssetsHeldAmount" xlink:label="loc_bk_LiquidAssetsHeldAmount_AEEA9F7CC50E6C2D947C7D1EC349D984" xlink:type="locator"/>
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<link:label id="lab_bk_CommonStockDividendsDeclared_BF331B18018E3E81AD727D1EC349069A_terseLabel_en-US" xlink:label="lab_bk_CommonStockDividendsDeclared_BF331B18018E3E81AD727D1EC349069A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common stock, dividends declared </link:label>
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<link:label id="lab_bk_DividendPayoutRatioRateThatWhenExceededBeginsToReceiveCloseScrutinyFromFed_1F28F795FC6BCC1B51687D1EC349ADA9_terseLabel_en-US" xlink:label="lab_bk_DividendPayoutRatioRateThatWhenExceededBeginsToReceiveCloseScrutinyFromFed_1F28F795FC6BCC1B51687D1EC349ADA9" 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_1F28F795FC6BCC1B51687D1EC349ADA9_label_en-US" xlink:label="lab_bk_DividendPayoutRatioRateThatWhenExceededBeginsToReceiveCloseScrutinyFromFed_1F28F795FC6BCC1B51687D1EC349ADA9" 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_1F28F795FC6BCC1B51687D1EC349ADA9_documentation_en-US" xlink:label="lab_bk_DividendPayoutRatioRateThatWhenExceededBeginsToReceiveCloseScrutinyFromFed_1F28F795FC6BCC1B51687D1EC349ADA9" 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-20161231.xsd#bk_DividendPayoutRatioRateThatWhenExceededBeginsToReceiveCloseScrutinyFromFed" xlink:label="loc_bk_DividendPayoutRatioRateThatWhenExceededBeginsToReceiveCloseScrutinyFromFed_1F28F795FC6BCC1B51687D1EC349ADA9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_DividendPayoutRatioRateThatWhenExceededBeginsToReceiveCloseScrutinyFromFed_1F28F795FC6BCC1B51687D1EC349ADA9" xlink:to="lab_bk_DividendPayoutRatioRateThatWhenExceededBeginsToReceiveCloseScrutinyFromFed_1F28F795FC6BCC1B51687D1EC349ADA9" xlink:type="arc"/>
<link:label id="lab_bk_StockRepurchaseProgramAuthorizedAmountPriorToSatisfyingContingencyofPriorPreferredStockIssuance_5628B4F8529D3DCE8E5A7D1EC349AFF0_terseLabel_en-US" xlink:label="lab_bk_StockRepurchaseProgramAuthorizedAmountPriorToSatisfyingContingencyofPriorPreferredStockIssuance_5628B4F8529D3DCE8E5A7D1EC349AFF0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stock repurchase progam, authorized amount, prior to satisfying contingency of prior preferred stock issuance </link:label>
<link:label id="lab_bk_StockRepurchaseProgramAuthorizedAmountPriorToSatisfyingContingencyofPriorPreferredStockIssuance_5628B4F8529D3DCE8E5A7D1EC349AFF0_label_en-US" xlink:label="lab_bk_StockRepurchaseProgramAuthorizedAmountPriorToSatisfyingContingencyofPriorPreferredStockIssuance_5628B4F8529D3DCE8E5A7D1EC349AFF0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Repurchase Program, Authorized Amount, Prior To Satisfying Contingency of Prior Preferred Stock Issuance </link:label>
<link:label id="lab_bk_StockRepurchaseProgramAuthorizedAmountPriorToSatisfyingContingencyofPriorPreferredStockIssuance_5628B4F8529D3DCE8E5A7D1EC349AFF0_documentation_en-US" xlink:label="lab_bk_StockRepurchaseProgramAuthorizedAmountPriorToSatisfyingContingencyofPriorPreferredStockIssuance_5628B4F8529D3DCE8E5A7D1EC349AFF0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Stock Repurchase Program, Authorized Amount, Prior to Satisfying Contingency of Prior Preferred Stock Issuance </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_StockRepurchaseProgramAuthorizedAmountPriorToSatisfyingContingencyofPriorPreferredStockIssuance" xlink:label="loc_bk_StockRepurchaseProgramAuthorizedAmountPriorToSatisfyingContingencyofPriorPreferredStockIssuance_5628B4F8529D3DCE8E5A7D1EC349AFF0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_StockRepurchaseProgramAuthorizedAmountPriorToSatisfyingContingencyofPriorPreferredStockIssuance_5628B4F8529D3DCE8E5A7D1EC349AFF0" xlink:to="lab_bk_StockRepurchaseProgramAuthorizedAmountPriorToSatisfyingContingencyofPriorPreferredStockIssuance_5628B4F8529D3DCE8E5A7D1EC349AFF0" xlink:type="arc"/>
<link:label id="lab_bk_StockRepurchaseProgramAdditionalAuthorizedAmountAfterPreferredStockIssuancePrerequisite_3370B1567870A93E63477D1EC3492981_terseLabel_en-US" xlink:label="lab_bk_StockRepurchaseProgramAdditionalAuthorizedAmountAfterPreferredStockIssuancePrerequisite_3370B1567870A93E63477D1EC3492981" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stock repurchase program, additional authorized amount after preferred stock issuance prerequisite </link:label>
<link:label id="lab_bk_StockRepurchaseProgramAdditionalAuthorizedAmountAfterPreferredStockIssuancePrerequisite_3370B1567870A93E63477D1EC3492981_label_en-US" xlink:label="lab_bk_StockRepurchaseProgramAdditionalAuthorizedAmountAfterPreferredStockIssuancePrerequisite_3370B1567870A93E63477D1EC3492981" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Repurchase Program, Additional Authorized Amount After Preferred Stock Issuance Prerequisite </link:label>
<link:label id="lab_bk_StockRepurchaseProgramAdditionalAuthorizedAmountAfterPreferredStockIssuancePrerequisite_3370B1567870A93E63477D1EC3492981_documentation_en-US" xlink:label="lab_bk_StockRepurchaseProgramAdditionalAuthorizedAmountAfterPreferredStockIssuancePrerequisite_3370B1567870A93E63477D1EC3492981" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Stock Repurchase Program, Additional Authorized Amount After Preferred Stock Issuance Prerequisite </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_StockRepurchaseProgramAdditionalAuthorizedAmountAfterPreferredStockIssuancePrerequisite" xlink:label="loc_bk_StockRepurchaseProgramAdditionalAuthorizedAmountAfterPreferredStockIssuancePrerequisite_3370B1567870A93E63477D1EC3492981" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_StockRepurchaseProgramAdditionalAuthorizedAmountAfterPreferredStockIssuancePrerequisite_3370B1567870A93E63477D1EC3492981" xlink:to="lab_bk_StockRepurchaseProgramAdditionalAuthorizedAmountAfterPreferredStockIssuancePrerequisite_3370B1567870A93E63477D1EC3492981" xlink:type="arc"/>
<link:label id="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount1_E87BC31CEADF73F9A00D7D1EC3491BA7_terseLabel_en-US" xlink:label="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount1_E87BC31CEADF73F9A00D7D1EC3491BA7" 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_E87BC31CEADF73F9A00D7D1EC3491BA7_label_en-US" xlink:label="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount1_E87BC31CEADF73F9A00D7D1EC3491BA7" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockRepurchaseProgramAuthorizedAmount1" xlink:label="loc_us-gaap_StockRepurchaseProgramAuthorizedAmount1_E87BC31CEADF73F9A00D7D1EC3491BA7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockRepurchaseProgramAuthorizedAmount1_E87BC31CEADF73F9A00D7D1EC3491BA7" xlink:to="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount1_E87BC31CEADF73F9A00D7D1EC3491BA7" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockRedemptionAmount_AD80FDDC644E71A9F6327D1EC3494718_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockRedemptionAmount_AD80FDDC644E71A9F6327D1EC3494718" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock, amount </link:label>
<link:label id="lab_us-gaap_PreferredStockRedemptionAmount_AD80FDDC644E71A9F6327D1EC3494718_label_en-US" xlink:label="lab_us-gaap_PreferredStockRedemptionAmount_AD80FDDC644E71A9F6327D1EC3494718" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Preferred Stock, Redemption Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockRedemptionAmount" xlink:label="loc_us-gaap_PreferredStockRedemptionAmount_AD80FDDC644E71A9F6327D1EC3494718" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockRedemptionAmount_AD80FDDC644E71A9F6327D1EC3494718" xlink:to="lab_us-gaap_PreferredStockRedemptionAmount_AD80FDDC644E71A9F6327D1EC3494718" xlink:type="arc"/>
<link:label id="lab_bk_MaximumPercentageOfRegulatoryCapitalAllowableForBankCreditExtensions_A58464D0702B278B23DB7D1EC349A33B_terseLabel_en-US" xlink:label="lab_bk_MaximumPercentageOfRegulatoryCapitalAllowableForBankCreditExtensions_A58464D0702B278B23DB7D1EC349A33B" 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_A58464D0702B278B23DB7D1EC349A33B_label_en-US" xlink:label="lab_bk_MaximumPercentageOfRegulatoryCapitalAllowableForBankCreditExtensions_A58464D0702B278B23DB7D1EC349A33B" 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_A58464D0702B278B23DB7D1EC349A33B_documentation_en-US" xlink:label="lab_bk_MaximumPercentageOfRegulatoryCapitalAllowableForBankCreditExtensions_A58464D0702B278B23DB7D1EC349A33B" 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-20161231.xsd#bk_MaximumPercentageOfRegulatoryCapitalAllowableForBankCreditExtensions" xlink:label="loc_bk_MaximumPercentageOfRegulatoryCapitalAllowableForBankCreditExtensions_A58464D0702B278B23DB7D1EC349A33B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_MaximumPercentageOfRegulatoryCapitalAllowableForBankCreditExtensions_A58464D0702B278B23DB7D1EC349A33B" xlink:to="lab_bk_MaximumPercentageOfRegulatoryCapitalAllowableForBankCreditExtensions_A58464D0702B278B23DB7D1EC349A33B" xlink:type="arc"/>
<link:label id="lab_bk_CollateralPercentageRequirementForBankLoansToAffiliates_7860E750E2976E0979547D1EC349A56A_terseLabel_en-US" xlink:label="lab_bk_CollateralPercentageRequirementForBankLoansToAffiliates_7860E750E2976E0979547D1EC349A56A" 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_7860E750E2976E0979547D1EC349A56A_label_en-US" xlink:label="lab_bk_CollateralPercentageRequirementForBankLoansToAffiliates_7860E750E2976E0979547D1EC349A56A" 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_7860E750E2976E0979547D1EC349A56A_documentation_en-US" xlink:label="lab_bk_CollateralPercentageRequirementForBankLoansToAffiliates_7860E750E2976E0979547D1EC349A56A" 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>
<link:loc xlink:href="bk-20161231.xsd#bk_CollateralPercentageRequirementForBankLoansToAffiliates" xlink:label="loc_bk_CollateralPercentageRequirementForBankLoansToAffiliates_7860E750E2976E0979547D1EC349A56A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_CollateralPercentageRequirementForBankLoansToAffiliates_7860E750E2976E0979547D1EC349A56A" xlink:to="lab_bk_CollateralPercentageRequirementForBankLoansToAffiliates_7860E750E2976E0979547D1EC349A56A" xlink:type="arc"/>
<link:label id="lab_bk_AverageReserveBalancesWithFederalReserveBanks_90F451CDAD2518C306B47D1EC349BAB5_terseLabel_en-US" xlink:label="lab_bk_AverageReserveBalancesWithFederalReserveBanks_90F451CDAD2518C306B47D1EC349BAB5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Average reserve balances with federal reserve banks </link:label>
<link:label id="lab_bk_AverageReserveBalancesWithFederalReserveBanks_90F451CDAD2518C306B47D1EC349BAB5_label_en-US" xlink:label="lab_bk_AverageReserveBalancesWithFederalReserveBanks_90F451CDAD2518C306B47D1EC349BAB5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Average Reserve Balances With Federal Reserve Banks </link:label>
<link:label id="lab_bk_AverageReserveBalancesWithFederalReserveBanks_90F451CDAD2518C306B47D1EC349BAB5_documentation_en-US" xlink:label="lab_bk_AverageReserveBalancesWithFederalReserveBanks_90F451CDAD2518C306B47D1EC349BAB5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Average Reserve Balances With Federal Reserve Banks </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_AverageReserveBalancesWithFederalReserveBanks" xlink:label="loc_bk_AverageReserveBalancesWithFederalReserveBanks_90F451CDAD2518C306B47D1EC349BAB5" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfGoodwillTable_983CA40C6CFA90C1308E71CECC284D45_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfGoodwillTable_983CA40C6CFA90C1308E71CECC284D45" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Goodwill [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfGoodwillTable_983CA40C6CFA90C1308E71CECC284D45_label_en-US" xlink:label="lab_us-gaap_ScheduleOfGoodwillTable_983CA40C6CFA90C1308E71CECC284D45" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Goodwill [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfGoodwillTable" xlink:label="loc_us-gaap_ScheduleOfGoodwillTable_983CA40C6CFA90C1308E71CECC284D45" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfGoodwillTable_983CA40C6CFA90C1308E71CECC284D45" xlink:to="lab_us-gaap_ScheduleOfGoodwillTable_983CA40C6CFA90C1308E71CECC284D45" xlink:type="arc"/>
<link:label id="lab_us-gaap_GoodwillLineItems_6440A6BBCBF1A79C561371CECC29AE43_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillLineItems_6440A6BBCBF1A79C561371CECC29AE43" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill [Line Items] </link:label>
<link:label id="lab_us-gaap_GoodwillLineItems_6440A6BBCBF1A79C561371CECC29AE43_label_en-US" xlink:label="lab_us-gaap_GoodwillLineItems_6440A6BBCBF1A79C561371CECC29AE43" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GoodwillLineItems" xlink:label="loc_us-gaap_GoodwillLineItems_6440A6BBCBF1A79C561371CECC29AE43" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillLineItems_6440A6BBCBF1A79C561371CECC29AE43" xlink:to="lab_us-gaap_GoodwillLineItems_6440A6BBCBF1A79C561371CECC29AE43" xlink:type="arc"/>
<link:label id="lab_us-gaap_GoodwillRollForward_EBD11557505DD8037BC771CECC29BC13_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillRollForward_EBD11557505DD8037BC771CECC29BC13" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill [Roll Forward] </link:label>
<link:label id="lab_us-gaap_GoodwillRollForward_EBD11557505DD8037BC771CECC29BC13_label_en-US" xlink:label="lab_us-gaap_GoodwillRollForward_EBD11557505DD8037BC771CECC29BC13" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill [Roll Forward] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GoodwillRollForward" xlink:label="loc_us-gaap_GoodwillRollForward_EBD11557505DD8037BC771CECC29BC13" xlink:type="locator"/>
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<link:label id="lab_us-gaap_Goodwill_9A94FD8F0CE3C221320671CECC29104B_periodStartLabel_en-US" xlink:label="lab_us-gaap_Goodwill_9A94FD8F0CE3C221320671CECC29104B" 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_9A94FD8F0CE3C221320671CECC29104B_label_en-US" xlink:label="lab_us-gaap_Goodwill_9A94FD8F0CE3C221320671CECC29104B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Goodwill" xlink:label="loc_us-gaap_Goodwill_9A94FD8F0CE3C221320671CECC29104B" xlink:type="locator"/>
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<link:label id="lab_bk_GoodwillAcquiredorDisposedofDuringPeriod_479372CA39801F72200B71CECC29CA93_terseLabel_en-US" xlink:label="lab_bk_GoodwillAcquiredorDisposedofDuringPeriod_479372CA39801F72200B71CECC29CA93" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Acquisitions/dispositions </link:label>
<link:label id="lab_bk_GoodwillAcquiredorDisposedofDuringPeriod_479372CA39801F72200B71CECC29CA93_label_en-US" xlink:label="lab_bk_GoodwillAcquiredorDisposedofDuringPeriod_479372CA39801F72200B71CECC29CA93" 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_479372CA39801F72200B71CECC29CA93_documentation_en-US" xlink:label="lab_bk_GoodwillAcquiredorDisposedofDuringPeriod_479372CA39801F72200B71CECC29CA93" 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>
<link:loc xlink:href="bk-20161231.xsd#bk_GoodwillAcquiredorDisposedofDuringPeriod" xlink:label="loc_bk_GoodwillAcquiredorDisposedofDuringPeriod_479372CA39801F72200B71CECC29CA93" xlink:type="locator"/>
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<link:label id="lab_us-gaap_GoodwillTranslationAndPurchaseAccountingAdjustments_B5B9ADE593B2EAAD6D5A71CECC29FA88_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillTranslationAndPurchaseAccountingAdjustments_B5B9ADE593B2EAAD6D5A71CECC29FA88" 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_GoodwillTranslationAndPurchaseAccountingAdjustments_B5B9ADE593B2EAAD6D5A71CECC29FA88_label_en-US" xlink:label="lab_us-gaap_GoodwillTranslationAndPurchaseAccountingAdjustments_B5B9ADE593B2EAAD6D5A71CECC29FA88" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill, Translation and Purchase Accounting Adjustments </link:label>
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<link:label id="lab_us-gaap_GoodwillOtherIncreaseDecrease_DFEEC5F56DFE3F5B74E271CECC293BED_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillOtherIncreaseDecrease_DFEEC5F56DFE3F5B74E271CECC293BED" 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_DFEEC5F56DFE3F5B74E271CECC293BED_label_en-US" xlink:label="lab_us-gaap_GoodwillOtherIncreaseDecrease_DFEEC5F56DFE3F5B74E271CECC293BED" 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_NumberOfReportableSegments_15EE9D2660BB0A056A4C723CD3CA922F_terseLabel_en-US" xlink:label="lab_us-gaap_NumberOfReportableSegments_15EE9D2660BB0A056A4C723CD3CA922F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Number of business segments </link:label>
<link:label id="lab_us-gaap_NumberOfReportableSegments_15EE9D2660BB0A056A4C723CD3CA922F_label_en-US" xlink:label="lab_us-gaap_NumberOfReportableSegments_15EE9D2660BB0A056A4C723CD3CA922F" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NumberOfReportableSegments" xlink:label="loc_us-gaap_NumberOfReportableSegments_15EE9D2660BB0A056A4C723CD3CA922F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NumberOfReportingUnits_1E11E97CF1C5FC44FBB1723CD4139308_label_en-US" xlink:label="lab_us-gaap_NumberOfReportingUnits_1E11E97CF1C5FC44FBB1723CD4139308" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NumberOfReportingUnits" xlink:label="loc_us-gaap_NumberOfReportingUnits_1E11E97CF1C5FC44FBB1723CD4139308" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FinancingReceivablesTextBlock_DB583F88A8A2B1B5F051FB1491CE87D8_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivablesTextBlock_DB583F88A8A2B1B5F051FB1491CE87D8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loans and asset quality </link:label>
<link:label id="lab_us-gaap_FinancingReceivablesTextBlock_DB583F88A8A2B1B5F051FB1491CE87D8_label_en-US" xlink:label="lab_us-gaap_FinancingReceivablesTextBlock_DB583F88A8A2B1B5F051FB1491CE87D8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivables [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancingReceivablesTextBlock" xlink:label="loc_us-gaap_FinancingReceivablesTextBlock_DB583F88A8A2B1B5F051FB1491CE87D8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueByBalanceSheetGroupingTable_65E71BD130E439C3795D7B6225091712_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByBalanceSheetGroupingTable_65E71BD130E439C3795D7B6225091712" 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_65E71BD130E439C3795D7B6225091712_label_en-US" xlink:label="lab_us-gaap_FairValueByBalanceSheetGroupingTable_65E71BD130E439C3795D7B6225091712" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByBalanceSheetGroupingTable" xlink:label="loc_us-gaap_FairValueByBalanceSheetGroupingTable_65E71BD130E439C3795D7B6225091712" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_3FE5A107F6C269D240117B622509F0B1_terseLabel_en-US" xlink:label="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_3FE5A107F6C269D240117B622509F0B1" 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_3FE5A107F6C269D240117B622509F0B1_label_en-US" xlink:label="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_3FE5A107F6C269D240117B622509F0B1" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EstimateOfFairValueFairValueDisclosureMember" xlink:label="loc_us-gaap_EstimateOfFairValueFairValueDisclosureMember_3FE5A107F6C269D240117B622509F0B1" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_205DCA3EC109BFE171C87B6225091EEE_verboseLabel_en-US" xlink:label="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_205DCA3EC109BFE171C87B6225091EEE" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CarryingReportedAmountFairValueDisclosureMember" xlink:label="loc_us-gaap_CarryingReportedAmountFairValueDisclosureMember_205DCA3EC109BFE171C87B6225091EEE" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_E2D91DE85EE9A60AF8727B6225093298_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_E2D91DE85EE9A60AF8727B6225093298" 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_E2D91DE85EE9A60AF8727B6225093298_label_en-US" xlink:label="lab_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_E2D91DE85EE9A60AF8727B6225093298" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems" xlink:label="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_E2D91DE85EE9A60AF8727B6225093298" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FinancialInstrumentsFinancialAssetsBalanceSheetGroupingsAbstract_51472943E4BAF651A5037B62250906CE_terseLabel_en-US" xlink:label="lab_us-gaap_FinancialInstrumentsFinancialAssetsBalanceSheetGroupingsAbstract_51472943E4BAF651A5037B62250906CE" 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_51472943E4BAF651A5037B62250906CE_label_en-US" xlink:label="lab_us-gaap_FinancialInstrumentsFinancialAssetsBalanceSheetGroupingsAbstract_51472943E4BAF651A5037B62250906CE" 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>
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<link:label id="lab_bk_InterestBearingDepositsInFederalReserveAndOtherCentralBanks_0D2881C211B2A46B539A7B62250AB961_terseLabel_en-US" xlink:label="lab_bk_InterestBearingDepositsInFederalReserveAndOtherCentralBanks_0D2881C211B2A46B539A7B62250AB961" 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_0D2881C211B2A46B539A7B62250AB961_label_en-US" xlink:label="lab_bk_InterestBearingDepositsInFederalReserveAndOtherCentralBanks_0D2881C211B2A46B539A7B62250AB961" 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>
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<link:label id="lab_us-gaap_InterestBearingDepositsInBanks_225CF4985065B431F95D7B62250ACF95_terseLabel_en-US" xlink:label="lab_us-gaap_InterestBearingDepositsInBanks_225CF4985065B431F95D7B62250ACF95" 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_225CF4985065B431F95D7B62250ACF95_label_en-US" xlink:label="lab_us-gaap_InterestBearingDepositsInBanks_225CF4985065B431F95D7B62250ACF95" 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>
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<link:label id="lab_us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure_D556DA43584C46D384EB7B62250A61CB_terseLabel_en-US" xlink:label="lab_us-gaap_FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure_D556DA43584C46D384EB7B62250A61CB" 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>
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<link:label id="lab_us-gaap_OtherAssetsFairValueDisclosure_CD7514BC635F7DE323F07B62250AA6A1_positiveLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsFairValueDisclosure_CD7514BC635F7DE323F07B62250AA6A1" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssetsFairValueDisclosure" xlink:label="loc_us-gaap_OtherAssetsFairValueDisclosure_CD7514BC635F7DE323F07B62250AA6A1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssetsFairValueDisclosure_CD7514BC635F7DE323F07B62250AA6A1" xlink:to="lab_us-gaap_OtherAssetsFairValueDisclosure_CD7514BC635F7DE323F07B62250AA6A1" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract_CEBE1CC6866FA4C4DE157B62250A3ACF_terseLabel_en-US" xlink:label="lab_us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract_CEBE1CC6866FA4C4DE157B62250A3ACF" 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_CEBE1CC6866FA4C4DE157B62250A3ACF_label_en-US" xlink:label="lab_us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract_CEBE1CC6866FA4C4DE157B62250A3ACF" 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>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract" xlink:label="loc_us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract_CEBE1CC6866FA4C4DE157B62250A3ACF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract_CEBE1CC6866FA4C4DE157B62250A3ACF" xlink:to="lab_us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract_CEBE1CC6866FA4C4DE157B62250A3ACF" xlink:type="arc"/>
<link:label id="lab_us-gaap_NoninterestBearingDomesticDepositDemand_48138F80771BE55A2BAB7B62250A7589_verboseLabel_en-US" xlink:label="lab_us-gaap_NoninterestBearingDomesticDepositDemand_48138F80771BE55A2BAB7B62250A7589" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Noninterest-bearing deposits </link:label>
<link:label id="lab_us-gaap_NoninterestBearingDomesticDepositDemand_48138F80771BE55A2BAB7B62250A7589_label_en-US" xlink:label="lab_us-gaap_NoninterestBearingDomesticDepositDemand_48138F80771BE55A2BAB7B62250A7589" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noninterest-bearing Domestic Deposit, Demand </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NoninterestBearingDomesticDepositDemand" xlink:label="loc_us-gaap_NoninterestBearingDomesticDepositDemand_48138F80771BE55A2BAB7B62250A7589" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestBearingDepositLiabilities_DF5DE6653A20401F80617B62250AB3BC_terseLabel_en-US" xlink:label="lab_us-gaap_InterestBearingDepositLiabilities_DF5DE6653A20401F80617B62250AB3BC" 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_DF5DE6653A20401F80617B62250AB3BC_label_en-US" xlink:label="lab_us-gaap_InterestBearingDepositLiabilities_DF5DE6653A20401F80617B62250AB3BC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest-bearing Deposit Liabilities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestBearingDepositLiabilities" xlink:label="loc_us-gaap_InterestBearingDepositLiabilities_DF5DE6653A20401F80617B62250AB3BC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestBearingDepositLiabilities_DF5DE6653A20401F80617B62250AB3BC" xlink:to="lab_us-gaap_InterestBearingDepositLiabilities_DF5DE6653A20401F80617B62250AB3BC" xlink:type="arc"/>
<link:label id="lab_us-gaap_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure_D68E6E507D492D87E81D7B62250A5690_terseLabel_en-US" xlink:label="lab_us-gaap_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure_D68E6E507D492D87E81D7B62250A5690" 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_D68E6E507D492D87E81D7B62250A5690_label_en-US" xlink:label="lab_us-gaap_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure_D68E6E507D492D87E81D7B62250A5690" 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>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure" xlink:label="loc_us-gaap_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure_D68E6E507D492D87E81D7B62250A5690" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure_D68E6E507D492D87E81D7B62250A5690" xlink:to="lab_us-gaap_FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure_D68E6E507D492D87E81D7B62250A5690" xlink:type="arc"/>
<link:label id="lab_us-gaap_PayablesToBrokerDealersAndClearingOrganizations_7C2FF03DDCAF56CB16E07B62250AFFE0_terseLabel_en-US" xlink:label="lab_us-gaap_PayablesToBrokerDealersAndClearingOrganizations_7C2FF03DDCAF56CB16E07B62250AFFE0" 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_7C2FF03DDCAF56CB16E07B62250AFFE0_label_en-US" xlink:label="lab_us-gaap_PayablesToBrokerDealersAndClearingOrganizations_7C2FF03DDCAF56CB16E07B62250AFFE0" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PayablesToBrokerDealersAndClearingOrganizations" xlink:label="loc_us-gaap_PayablesToBrokerDealersAndClearingOrganizations_7C2FF03DDCAF56CB16E07B62250AFFE0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PayablesToBrokerDealersAndClearingOrganizations_7C2FF03DDCAF56CB16E07B62250AFFE0" xlink:to="lab_us-gaap_PayablesToBrokerDealersAndClearingOrganizations_7C2FF03DDCAF56CB16E07B62250AFFE0" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShorttermDebtFairValue_6657D30A3B88FEC4D9A57B62250A18DC_terseLabel_en-US" xlink:label="lab_us-gaap_ShorttermDebtFairValue_6657D30A3B88FEC4D9A57B62250A18DC" 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_6657D30A3B88FEC4D9A57B62250A18DC_label_en-US" xlink:label="lab_us-gaap_ShorttermDebtFairValue_6657D30A3B88FEC4D9A57B62250A18DC" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShorttermDebtFairValue" xlink:label="loc_us-gaap_ShorttermDebtFairValue_6657D30A3B88FEC4D9A57B62250A18DC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShorttermDebtFairValue_6657D30A3B88FEC4D9A57B62250A18DC" xlink:to="lab_us-gaap_ShorttermDebtFairValue_6657D30A3B88FEC4D9A57B62250A18DC" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancialLiabilitiesFairValueDisclosure_E43146D3B97C012CFF5C7B62250A6285_totalLabel_en-US" xlink:label="lab_us-gaap_FinancialLiabilitiesFairValueDisclosure_E43146D3B97C012CFF5C7B62250A6285" 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_E43146D3B97C012CFF5C7B62250A6285_label_en-US" xlink:label="lab_us-gaap_FinancialLiabilitiesFairValueDisclosure_E43146D3B97C012CFF5C7B62250A6285" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialLiabilitiesFairValueDisclosure" xlink:label="loc_us-gaap_FinancialLiabilitiesFairValueDisclosure_E43146D3B97C012CFF5C7B62250A6285" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancialLiabilitiesFairValueDisclosure_E43146D3B97C012CFF5C7B62250A6285" xlink:to="lab_us-gaap_FinancialLiabilitiesFairValueDisclosure_E43146D3B97C012CFF5C7B62250A6285" xlink:type="arc"/>
<link:label id="lab_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_31E1899D6F25AC67D6E281AF610ACBB5_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_31E1899D6F25AC67D6E281AF610ACBB5" 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_31E1899D6F25AC67D6E281AF610ACBB5_label_en-US" xlink:label="lab_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_31E1899D6F25AC67D6E281AF610ACBB5" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="loc_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_31E1899D6F25AC67D6E281AF610ACBB5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_31E1899D6F25AC67D6E281AF610ACBB5" xlink:to="lab_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_31E1899D6F25AC67D6E281AF610ACBB5" xlink:type="arc"/>
<link:label id="lab_bk_SecuritiesIndustryMember_F0F551266E0FFF26B96A81AF610FC509_terseLabel_en-US" xlink:label="lab_bk_SecuritiesIndustryMember_F0F551266E0FFF26B96A81AF610FC509" 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_F0F551266E0FFF26B96A81AF610FC509_label_en-US" xlink:label="lab_bk_SecuritiesIndustryMember_F0F551266E0FFF26B96A81AF610FC509" 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_F0F551266E0FFF26B96A81AF610FC509_documentation_en-US" xlink:label="lab_bk_SecuritiesIndustryMember_F0F551266E0FFF26B96A81AF610FC509" 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-20161231.xsd#bk_SecuritiesIndustryMember" xlink:label="loc_bk_SecuritiesIndustryMember_F0F551266E0FFF26B96A81AF610FC509" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SecuritiesIndustryMember_F0F551266E0FFF26B96A81AF610FC509" xlink:to="lab_bk_SecuritiesIndustryMember_F0F551266E0FFF26B96A81AF610FC509" xlink:type="arc"/>
<link:label id="lab_bk_BanksIndustryMember_1F6989AC906079786ABC81AF610F6817_terseLabel_en-US" xlink:label="lab_bk_BanksIndustryMember_1F6989AC906079786ABC81AF610F6817" 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_1F6989AC906079786ABC81AF610F6817_label_en-US" xlink:label="lab_bk_BanksIndustryMember_1F6989AC906079786ABC81AF610F6817" 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_1F6989AC906079786ABC81AF610F6817_documentation_en-US" xlink:label="lab_bk_BanksIndustryMember_1F6989AC906079786ABC81AF610F6817" 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-20161231.xsd#bk_BanksIndustryMember" xlink:label="loc_bk_BanksIndustryMember_1F6989AC906079786ABC81AF610F6817" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_BanksIndustryMember_1F6989AC906079786ABC81AF610F6817" xlink:to="lab_bk_BanksIndustryMember_1F6989AC906079786ABC81AF610F6817" xlink:type="arc"/>
<link:label id="lab_bk_AssetManagementIndustryMember_3B265B86D3D2C68B366081AF610FB333_terseLabel_en-US" xlink:label="lab_bk_AssetManagementIndustryMember_3B265B86D3D2C68B366081AF610FB333" 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_3B265B86D3D2C68B366081AF610FB333_label_en-US" xlink:label="lab_bk_AssetManagementIndustryMember_3B265B86D3D2C68B366081AF610FB333" 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_3B265B86D3D2C68B366081AF610FB333_documentation_en-US" xlink:label="lab_bk_AssetManagementIndustryMember_3B265B86D3D2C68B366081AF610FB333" 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-20161231.xsd#bk_AssetManagementIndustryMember" xlink:label="loc_bk_AssetManagementIndustryMember_3B265B86D3D2C68B366081AF610FB333" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AssetManagementIndustryMember_3B265B86D3D2C68B366081AF610FB333" xlink:to="lab_bk_AssetManagementIndustryMember_3B265B86D3D2C68B366081AF610FB333" xlink:type="arc"/>
<link:label id="lab_bk_InsuranceIndustryMember_12392F67EEDD0EA22A5A81AF610F3673_terseLabel_en-US" xlink:label="lab_bk_InsuranceIndustryMember_12392F67EEDD0EA22A5A81AF610F3673" 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_12392F67EEDD0EA22A5A81AF610F3673_label_en-US" xlink:label="lab_bk_InsuranceIndustryMember_12392F67EEDD0EA22A5A81AF610F3673" 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_12392F67EEDD0EA22A5A81AF610F3673_documentation_en-US" xlink:label="lab_bk_InsuranceIndustryMember_12392F67EEDD0EA22A5A81AF610F3673" 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-20161231.xsd#bk_InsuranceIndustryMember" xlink:label="loc_bk_InsuranceIndustryMember_12392F67EEDD0EA22A5A81AF610F3673" xlink:type="locator"/>
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<link:label id="lab_us-gaap_GovernmentContractsConcentrationRiskMember_966DA14CD4683CC7AEF381AF610F505C_terseLabel_en-US" xlink:label="lab_us-gaap_GovernmentContractsConcentrationRiskMember_966DA14CD4683CC7AEF381AF610F505C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Government </link:label>
<link:label id="lab_us-gaap_GovernmentContractsConcentrationRiskMember_966DA14CD4683CC7AEF381AF610F505C_label_en-US" xlink:label="lab_us-gaap_GovernmentContractsConcentrationRiskMember_966DA14CD4683CC7AEF381AF610F505C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Government Contracts Concentration Risk [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GovernmentContractsConcentrationRiskMember" xlink:label="loc_us-gaap_GovernmentContractsConcentrationRiskMember_966DA14CD4683CC7AEF381AF610F505C" xlink:type="locator"/>
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<link:label id="lab_bk_OtherIndustryMember_8092C9B2BB30B5DC011081AF61105792_terseLabel_en-US" xlink:label="lab_bk_OtherIndustryMember_8092C9B2BB30B5DC011081AF61105792" 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_8092C9B2BB30B5DC011081AF61105792_label_en-US" xlink:label="lab_bk_OtherIndustryMember_8092C9B2BB30B5DC011081AF61105792" 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_8092C9B2BB30B5DC011081AF61105792_documentation_en-US" xlink:label="lab_bk_OtherIndustryMember_8092C9B2BB30B5DC011081AF61105792" 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-20161231.xsd#bk_OtherIndustryMember" xlink:label="loc_bk_OtherIndustryMember_8092C9B2BB30B5DC011081AF61105792" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OtherIndustryMember_8092C9B2BB30B5DC011081AF61105792" xlink:to="lab_bk_OtherIndustryMember_8092C9B2BB30B5DC011081AF61105792" xlink:type="arc"/>
<link:label id="lab_bk_ManufacturingMember_9550AA45C875EDF7C10781AF6110EC11_terseLabel_en-US" xlink:label="lab_bk_ManufacturingMember_9550AA45C875EDF7C10781AF6110EC11" 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_9550AA45C875EDF7C10781AF6110EC11_label_en-US" xlink:label="lab_bk_ManufacturingMember_9550AA45C875EDF7C10781AF6110EC11" 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_9550AA45C875EDF7C10781AF6110EC11_documentation_en-US" xlink:label="lab_bk_ManufacturingMember_9550AA45C875EDF7C10781AF6110EC11" 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-20161231.xsd#bk_ManufacturingMember" xlink:label="loc_bk_ManufacturingMember_9550AA45C875EDF7C10781AF6110EC11" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ManufacturingMember_9550AA45C875EDF7C10781AF6110EC11" xlink:to="lab_bk_ManufacturingMember_9550AA45C875EDF7C10781AF6110EC11" xlink:type="arc"/>
<link:label id="lab_bk_ServicesAndOtherIndustryMember_198DBB21B5E82780732D81AF6110159D_terseLabel_en-US" xlink:label="lab_bk_ServicesAndOtherIndustryMember_198DBB21B5E82780732D81AF6110159D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Commercial portfolio exposure (in billions) </link:label>
<link:label id="lab_bk_ServicesAndOtherIndustryMember_198DBB21B5E82780732D81AF6110159D_label_en-US" xlink:label="lab_bk_ServicesAndOtherIndustryMember_198DBB21B5E82780732D81AF6110159D" 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_198DBB21B5E82780732D81AF6110159D_documentation_en-US" xlink:label="lab_bk_ServicesAndOtherIndustryMember_198DBB21B5E82780732D81AF6110159D" 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-20161231.xsd#bk_ServicesAndOtherIndustryMember" xlink:label="loc_bk_ServicesAndOtherIndustryMember_198DBB21B5E82780732D81AF6110159D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ServicesAndOtherIndustryMember_198DBB21B5E82780732D81AF6110159D" xlink:to="lab_bk_ServicesAndOtherIndustryMember_198DBB21B5E82780732D81AF6110159D" xlink:type="arc"/>
<link:label id="lab_bk_UtilitiesAndEnergyMember_211127DC46D135470F8F81AF6110A5F9_terseLabel_en-US" xlink:label="lab_bk_UtilitiesAndEnergyMember_211127DC46D135470F8F81AF6110A5F9" 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_211127DC46D135470F8F81AF6110A5F9_label_en-US" xlink:label="lab_bk_UtilitiesAndEnergyMember_211127DC46D135470F8F81AF6110A5F9" 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_211127DC46D135470F8F81AF6110A5F9_documentation_en-US" xlink:label="lab_bk_UtilitiesAndEnergyMember_211127DC46D135470F8F81AF6110A5F9" 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-20161231.xsd#bk_UtilitiesAndEnergyMember" xlink:label="loc_bk_UtilitiesAndEnergyMember_211127DC46D135470F8F81AF6110A5F9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_UtilitiesAndEnergyMember_211127DC46D135470F8F81AF6110A5F9" xlink:to="lab_bk_UtilitiesAndEnergyMember_211127DC46D135470F8F81AF6110A5F9" xlink:type="arc"/>
<link:label id="lab_bk_MediaAndTelecomIndustryMember_6D51087B920A45A5CE7E81AF61102487_terseLabel_en-US" xlink:label="lab_bk_MediaAndTelecomIndustryMember_6D51087B920A45A5CE7E81AF61102487" 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_6D51087B920A45A5CE7E81AF61102487_label_en-US" xlink:label="lab_bk_MediaAndTelecomIndustryMember_6D51087B920A45A5CE7E81AF61102487" 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_6D51087B920A45A5CE7E81AF61102487_documentation_en-US" xlink:label="lab_bk_MediaAndTelecomIndustryMember_6D51087B920A45A5CE7E81AF61102487" 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-20161231.xsd#bk_MediaAndTelecomIndustryMember" xlink:label="loc_bk_MediaAndTelecomIndustryMember_6D51087B920A45A5CE7E81AF61102487" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_MediaAndTelecomIndustryMember_6D51087B920A45A5CE7E81AF61102487" xlink:to="lab_bk_MediaAndTelecomIndustryMember_6D51087B920A45A5CE7E81AF61102487" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_5F77A4D703FC2D79C6A281AF61106EB6_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_5F77A4D703FC2D79C6A281AF61106EB6" 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_5F77A4D703FC2D79C6A281AF61106EB6_label_en-US" xlink:label="lab_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_5F77A4D703FC2D79C6A281AF61106EB6" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="loc_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_5F77A4D703FC2D79C6A281AF61106EB6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_5F77A4D703FC2D79C6A281AF61106EB6" xlink:to="lab_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_5F77A4D703FC2D79C6A281AF61106EB6" xlink:type="arc"/>
<link:label id="lab_bk_UnfundedCommitments_40F9A6BCD6325F04299681AF6110621D_terseLabel_en-US" xlink:label="lab_bk_UnfundedCommitments_40F9A6BCD6325F04299681AF6110621D" 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_40F9A6BCD6325F04299681AF6110621D_label_en-US" xlink:label="lab_bk_UnfundedCommitments_40F9A6BCD6325F04299681AF6110621D" 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_40F9A6BCD6325F04299681AF6110621D_documentation_en-US" xlink:label="lab_bk_UnfundedCommitments_40F9A6BCD6325F04299681AF6110621D" 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-20161231.xsd#bk_UnfundedCommitments" xlink:label="loc_bk_UnfundedCommitments_40F9A6BCD6325F04299681AF6110621D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_UnfundedCommitments_40F9A6BCD6325F04299681AF6110621D" xlink:to="lab_bk_UnfundedCommitments_40F9A6BCD6325F04299681AF6110621D" xlink:type="arc"/>
<link:label id="lab_bk_LoansAndUnfundedCommitments_C65AD196AB873DAA2B5B81AF61102B56_terseLabel_en-US" xlink:label="lab_bk_LoansAndUnfundedCommitments_C65AD196AB873DAA2B5B81AF61102B56" 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_C65AD196AB873DAA2B5B81AF61102B56_label_en-US" xlink:label="lab_bk_LoansAndUnfundedCommitments_C65AD196AB873DAA2B5B81AF61102B56" 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_C65AD196AB873DAA2B5B81AF61102B56_documentation_en-US" xlink:label="lab_bk_LoansAndUnfundedCommitments_C65AD196AB873DAA2B5B81AF61102B56" 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-20161231.xsd#bk_LoansAndUnfundedCommitments" xlink:label="loc_bk_LoansAndUnfundedCommitments_C65AD196AB873DAA2B5B81AF61102B56" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_LoansAndUnfundedCommitments_C65AD196AB873DAA2B5B81AF61102B56" xlink:to="lab_bk_LoansAndUnfundedCommitments_C65AD196AB873DAA2B5B81AF61102B56" xlink:type="arc"/>
<link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_FA56A3F4EF42E3E765BD3F1DFDF1BAED_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_FA56A3F4EF42E3E765BD3F1DFDF1BAED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Domestic </link:label>
<link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_FA56A3F4EF42E3E765BD3F1DFDF1BAED_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_FA56A3F4EF42E3E765BD3F1DFDF1BAED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income (Loss) from Continuing Operations before Income Taxes, Domestic </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_FA56A3F4EF42E3E765BD3F1DFDF1BAED" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_FA56A3F4EF42E3E765BD3F1DFDF1BAED" xlink:to="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_FA56A3F4EF42E3E765BD3F1DFDF1BAED" xlink:type="arc"/>
<link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign_C8DC7A1FC4F5D5C97BC03F1DFDF11F36_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign_C8DC7A1FC4F5D5C97BC03F1DFDF11F36" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign </link:label>
<link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign_C8DC7A1FC4F5D5C97BC03F1DFDF11F36_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign_C8DC7A1FC4F5D5C97BC03F1DFDF11F36" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income (Loss) from Continuing Operations before Income Taxes, Foreign </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign_C8DC7A1FC4F5D5C97BC03F1DFDF11F36" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign_C8DC7A1FC4F5D5C97BC03F1DFDF11F36" xlink:to="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign_C8DC7A1FC4F5D5C97BC03F1DFDF11F36" xlink:type="arc"/>
<link:label id="lab_bk_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_EC9A7B48D4AE06BDD74C3F1DFDF12BCE_totalLabel_en-US" xlink:label="lab_bk_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_EC9A7B48D4AE06BDD74C3F1DFDF12BCE" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Income before taxes </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_IncomeLossFromContinuingOperationsBeforeIncomeTaxes" xlink:label="loc_bk_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_EC9A7B48D4AE06BDD74C3F1DFDF12BCE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_EC9A7B48D4AE06BDD74C3F1DFDF12BCE" xlink:to="lab_bk_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_EC9A7B48D4AE06BDD74C3F1DFDF12BCE" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_A7553E81514C87128BA86F360103D163_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_A7553E81514C87128BA86F360103D163" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2017 </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_A7553E81514C87128BA86F360103D163_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_A7553E81514C87128BA86F360103D163" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Expected Future Benefit Payments, Next Twelve Months </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_A7553E81514C87128BA86F360103D163" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_A7553E81514C87128BA86F360103D163" xlink:to="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_A7553E81514C87128BA86F360103D163" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_21609AE3E87FF101BDCB6F360104B61E_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_21609AE3E87FF101BDCB6F360104B61E" 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_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_21609AE3E87FF101BDCB6F360104B61E_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_21609AE3E87FF101BDCB6F360104B61E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Expected Future Benefit Payments, Year Two </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_21609AE3E87FF101BDCB6F360104B61E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_21609AE3E87FF101BDCB6F360104B61E" xlink:to="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_21609AE3E87FF101BDCB6F360104B61E" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_03D06BDDB40D2760FA9F6F360104BB62_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_03D06BDDB40D2760FA9F6F360104BB62" 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_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_03D06BDDB40D2760FA9F6F360104BB62_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_03D06BDDB40D2760FA9F6F360104BB62" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Expected Future Benefit Payments, Year Three </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_03D06BDDB40D2760FA9F6F360104BB62" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_03D06BDDB40D2760FA9F6F360104BB62" xlink:to="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_03D06BDDB40D2760FA9F6F360104BB62" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_9F693F6634CEE1767DA46F360104ADC4_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_9F693F6634CEE1767DA46F360104ADC4" 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_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_9F693F6634CEE1767DA46F360104ADC4_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_9F693F6634CEE1767DA46F360104ADC4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Expected Future Benefit Payments, Year Four </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_9F693F6634CEE1767DA46F360104ADC4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_9F693F6634CEE1767DA46F360104ADC4" xlink:to="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_9F693F6634CEE1767DA46F360104ADC4" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive_1DE03BDA1A1581BC309D6F3601042E87_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive_1DE03BDA1A1581BC309D6F3601042E87" 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_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive_1DE03BDA1A1581BC309D6F3601042E87_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive_1DE03BDA1A1581BC309D6F3601042E87" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Expected Future Benefit Payments, Year Five </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive_1DE03BDA1A1581BC309D6F3601042E87" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive_1DE03BDA1A1581BC309D6F3601042E87" xlink:to="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive_1DE03BDA1A1581BC309D6F3601042E87" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter_BAB9CFEA17D39C7F3C1D6F360104FD63_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter_BAB9CFEA17D39C7F3C1D6F360104FD63" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2022-2026 </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter_BAB9CFEA17D39C7F3C1D6F360104FD63_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter_BAB9CFEA17D39C7F3C1D6F360104FD63" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Expected Future Benefit Payments, Five Fiscal Years Thereafter </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter_BAB9CFEA17D39C7F3C1D6F360104FD63" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter_BAB9CFEA17D39C7F3C1D6F360104FD63" xlink:to="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter_BAB9CFEA17D39C7F3C1D6F360104FD63" xlink:type="arc"/>
<link:label id="lab_bk_DefinedBenefitPlanExpectedFutureBenefitPayments_BB22D011CE9495E7D2A86F36010448B1_totalLabel_en-US" xlink:label="lab_bk_DefinedBenefitPlanExpectedFutureBenefitPayments_BB22D011CE9495E7D2A86F36010448B1" 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_BB22D011CE9495E7D2A86F36010448B1_label_en-US" xlink:label="lab_bk_DefinedBenefitPlanExpectedFutureBenefitPayments_BB22D011CE9495E7D2A86F36010448B1" 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_BB22D011CE9495E7D2A86F36010448B1_documentation_en-US" xlink:label="lab_bk_DefinedBenefitPlanExpectedFutureBenefitPayments_BB22D011CE9495E7D2A86F36010448B1" 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-20161231.xsd#bk_DefinedBenefitPlanExpectedFutureBenefitPayments" xlink:label="loc_bk_DefinedBenefitPlanExpectedFutureBenefitPayments_BB22D011CE9495E7D2A86F36010448B1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_DefinedBenefitPlanExpectedFutureBenefitPayments_BB22D011CE9495E7D2A86F36010448B1" xlink:to="lab_bk_DefinedBenefitPlanExpectedFutureBenefitPayments_BB22D011CE9495E7D2A86F36010448B1" xlink:type="arc"/>
<link:label id="lab_us-gaap_CashFDICInsuredAmount_8EB720042A2361D19AD41A828D7457C6_terseLabel_en-US" xlink:label="lab_us-gaap_CashFDICInsuredAmount_8EB720042A2361D19AD41A828D7457C6" 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_8EB720042A2361D19AD41A828D7457C6_label_en-US" xlink:label="lab_us-gaap_CashFDICInsuredAmount_8EB720042A2361D19AD41A828D7457C6" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashFDICInsuredAmount" xlink:label="loc_us-gaap_CashFDICInsuredAmount_8EB720042A2361D19AD41A828D7457C6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashFDICInsuredAmount_8EB720042A2361D19AD41A828D7457C6" xlink:to="lab_us-gaap_CashFDICInsuredAmount_8EB720042A2361D19AD41A828D7457C6" xlink:type="arc"/>
<link:label id="lab_us-gaap_TimeDeposits100000OrMore_D15A6FF2BCEEC4738D731A828D74DFE2_terseLabel_en-US" xlink:label="lab_us-gaap_TimeDeposits100000OrMore_D15A6FF2BCEEC4738D731A828D74DFE2" 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_D15A6FF2BCEEC4738D731A828D74DFE2_label_en-US" xlink:label="lab_us-gaap_TimeDeposits100000OrMore_D15A6FF2BCEEC4738D731A828D74DFE2" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TimeDeposits100000OrMore" xlink:label="loc_us-gaap_TimeDeposits100000OrMore_D15A6FF2BCEEC4738D731A828D74DFE2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TimeDeposits100000OrMore_D15A6FF2BCEEC4738D731A828D74DFE2" xlink:to="lab_us-gaap_TimeDeposits100000OrMore_D15A6FF2BCEEC4738D731A828D74DFE2" xlink:type="arc"/>
<link:label id="lab_us-gaap_TimeDepositMaturitiesYearOne_710562B8BA89BA6232361A828D74FB1B_terseLabel_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesYearOne_710562B8BA89BA6232361A828D74FB1B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Time deposits mature in 2017 </link:label>
<link:label id="lab_us-gaap_TimeDepositMaturitiesYearOne_710562B8BA89BA6232361A828D74FB1B_label_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesYearOne_710562B8BA89BA6232361A828D74FB1B" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TimeDepositMaturitiesYearOne" xlink:label="loc_us-gaap_TimeDepositMaturitiesYearOne_710562B8BA89BA6232361A828D74FB1B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TimeDepositMaturitiesYearOne_710562B8BA89BA6232361A828D74FB1B" xlink:to="lab_us-gaap_TimeDepositMaturitiesYearOne_710562B8BA89BA6232361A828D74FB1B" xlink:type="arc"/>
<link:label id="lab_us-gaap_TimeDepositMaturitiesYearTwo_EB87FF3DFABB6D9FF1F71A828D745CE7_terseLabel_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesYearTwo_EB87FF3DFABB6D9FF1F71A828D745CE7" 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_TimeDepositMaturitiesYearTwo_EB87FF3DFABB6D9FF1F71A828D745CE7_label_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesYearTwo_EB87FF3DFABB6D9FF1F71A828D745CE7" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TimeDepositMaturitiesYearTwo" xlink:label="loc_us-gaap_TimeDepositMaturitiesYearTwo_EB87FF3DFABB6D9FF1F71A828D745CE7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TimeDepositMaturitiesYearTwo_EB87FF3DFABB6D9FF1F71A828D745CE7" xlink:to="lab_us-gaap_TimeDepositMaturitiesYearTwo_EB87FF3DFABB6D9FF1F71A828D745CE7" xlink:type="arc"/>
<link:label id="lab_us-gaap_TimeDepositMaturitiesYearThree_855B4083F44A0022C3FC1A828D74E5BF_terseLabel_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesYearThree_855B4083F44A0022C3FC1A828D74E5BF" 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_TimeDepositMaturitiesYearThree_855B4083F44A0022C3FC1A828D74E5BF_label_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesYearThree_855B4083F44A0022C3FC1A828D74E5BF" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TimeDepositMaturitiesYearThree" xlink:label="loc_us-gaap_TimeDepositMaturitiesYearThree_855B4083F44A0022C3FC1A828D74E5BF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TimeDepositMaturitiesYearThree_855B4083F44A0022C3FC1A828D74E5BF" xlink:to="lab_us-gaap_TimeDepositMaturitiesYearThree_855B4083F44A0022C3FC1A828D74E5BF" xlink:type="arc"/>
<link:label id="lab_us-gaap_TimeDepositMaturitiesYearFour_761B92E1576AF05709421A828D74FB2B_terseLabel_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesYearFour_761B92E1576AF05709421A828D74FB2B" 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_TimeDepositMaturitiesYearFour_761B92E1576AF05709421A828D74FB2B_label_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesYearFour_761B92E1576AF05709421A828D74FB2B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Time Deposit Maturities, Year Four </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TimeDepositMaturitiesYearFour" xlink:label="loc_us-gaap_TimeDepositMaturitiesYearFour_761B92E1576AF05709421A828D74FB2B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TimeDepositMaturitiesYearFour_761B92E1576AF05709421A828D74FB2B" xlink:to="lab_us-gaap_TimeDepositMaturitiesYearFour_761B92E1576AF05709421A828D74FB2B" xlink:type="arc"/>
<link:label id="lab_us-gaap_TimeDepositMaturitiesYearFive_7BC8D0C8F66472E107F31A828D75AAF7_terseLabel_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesYearFive_7BC8D0C8F66472E107F31A828D75AAF7" 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_TimeDepositMaturitiesYearFive_7BC8D0C8F66472E107F31A828D75AAF7_label_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesYearFive_7BC8D0C8F66472E107F31A828D75AAF7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Time Deposit Maturities, Year Five </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TimeDepositMaturitiesYearFive" xlink:label="loc_us-gaap_TimeDepositMaturitiesYearFive_7BC8D0C8F66472E107F31A828D75AAF7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TimeDepositMaturitiesYearFive_7BC8D0C8F66472E107F31A828D75AAF7" xlink:to="lab_us-gaap_TimeDepositMaturitiesYearFive_7BC8D0C8F66472E107F31A828D75AAF7" xlink:type="arc"/>
<link:label id="lab_us-gaap_TimeDepositMaturitiesAfterYearFive_8ADF472857E542FE60BF1A828D751BFA_terseLabel_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesAfterYearFive_8ADF472857E542FE60BF1A828D751BFA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Time deposits mature in 2022 and thereafter </link:label>
<link:label id="lab_us-gaap_TimeDepositMaturitiesAfterYearFive_8ADF472857E542FE60BF1A828D751BFA_label_en-US" xlink:label="lab_us-gaap_TimeDepositMaturitiesAfterYearFive_8ADF472857E542FE60BF1A828D751BFA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Time Deposit Maturities, after Year Five </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TimeDepositMaturitiesAfterYearFive" xlink:label="loc_us-gaap_TimeDepositMaturitiesAfterYearFive_8ADF472857E542FE60BF1A828D751BFA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TimeDepositMaturitiesAfterYearFive_8ADF472857E542FE60BF1A828D751BFA" xlink:to="lab_us-gaap_TimeDepositMaturitiesAfterYearFive_8ADF472857E542FE60BF1A828D751BFA" xlink:type="arc"/>
<link:label id="lab_us-gaap_AdjustmentsForChangeInAccountingPrincipleAxis_830508B12DC39E3407185FABE5704004_terseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentsForChangeInAccountingPrincipleAxis_830508B12DC39E3407185FABE5704004" 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_830508B12DC39E3407185FABE5704004_label_en-US" xlink:label="lab_us-gaap_AdjustmentsForChangeInAccountingPrincipleAxis_830508B12DC39E3407185FABE5704004" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsForChangeInAccountingPrincipleAxis" xlink:label="loc_us-gaap_AdjustmentsForChangeInAccountingPrincipleAxis_830508B12DC39E3407185FABE5704004" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdjustmentsForChangeInAccountingPrincipleAxis_830508B12DC39E3407185FABE5704004" xlink:to="lab_us-gaap_AdjustmentsForChangeInAccountingPrincipleAxis_830508B12DC39E3407185FABE5704004" xlink:type="arc"/>
<link:label id="lab_us-gaap_ChangeInAccountingPrincipleMember_37E20E1CCDAB32F6E9BA5FABE63AB88C_terseLabel_en-US" xlink:label="lab_us-gaap_ChangeInAccountingPrincipleMember_37E20E1CCDAB32F6E9BA5FABE63AB88C" 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_37E20E1CCDAB32F6E9BA5FABE63AB88C_label_en-US" xlink:label="lab_us-gaap_ChangeInAccountingPrincipleMember_37E20E1CCDAB32F6E9BA5FABE63AB88C" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ChangeInAccountingPrincipleMember" xlink:label="loc_us-gaap_ChangeInAccountingPrincipleMember_37E20E1CCDAB32F6E9BA5FABE63AB88C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ChangeInAccountingPrincipleMember_37E20E1CCDAB32F6E9BA5FABE63AB88C" xlink:to="lab_us-gaap_ChangeInAccountingPrincipleMember_37E20E1CCDAB32F6E9BA5FABE63AB88C" xlink:type="arc"/>
<link:label id="lab_bk_ChangeFromThePrepaymentMethodToTheContractualMethodMember_E57917BC9C7B136AF6885FAE8AC27602_terseLabel_en-US" xlink:label="lab_bk_ChangeFromThePrepaymentMethodToTheContractualMethodMember_E57917BC9C7B136AF6885FAE8AC27602" 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_E57917BC9C7B136AF6885FAE8AC27602_label_en-US" xlink:label="lab_bk_ChangeFromThePrepaymentMethodToTheContractualMethodMember_E57917BC9C7B136AF6885FAE8AC27602" 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_E57917BC9C7B136AF6885FAE8AC27602_documentation_en-US" xlink:label="lab_bk_ChangeFromThePrepaymentMethodToTheContractualMethodMember_E57917BC9C7B136AF6885FAE8AC27602" 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-20161231.xsd#bk_ChangeFromThePrepaymentMethodToTheContractualMethodMember" xlink:label="loc_bk_ChangeFromThePrepaymentMethodToTheContractualMethodMember_E57917BC9C7B136AF6885FAE8AC27602" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ChangeFromThePrepaymentMethodToTheContractualMethodMember_E57917BC9C7B136AF6885FAE8AC27602" xlink:to="lab_bk_ChangeFromThePrepaymentMethodToTheContractualMethodMember_E57917BC9C7B136AF6885FAE8AC27602" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis_4ACDCB333B25D5F20CD55F9C5F690045_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis_4ACDCB333B25D5F20CD55F9C5F690045" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Class of Financing Receivable [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis" xlink:label="loc_us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis_4ACDCB333B25D5F20CD55F9C5F690045" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis_4ACDCB333B25D5F20CD55F9C5F690045" xlink:to="lab_us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis_4ACDCB333B25D5F20CD55F9C5F690045" xlink:type="arc"/>
<link:label id="lab_us-gaap_CommercialLoanMember_E60FA6C00A5401E687795F9C5F69ED2F_terseLabel_en-US" xlink:label="lab_us-gaap_CommercialLoanMember_E60FA6C00A5401E687795F9C5F69ED2F" 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_E60FA6C00A5401E687795F9C5F69ED2F_label_en-US" xlink:label="lab_us-gaap_CommercialLoanMember_E60FA6C00A5401E687795F9C5F69ED2F" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommercialLoanMember" xlink:label="loc_us-gaap_CommercialLoanMember_E60FA6C00A5401E687795F9C5F69ED2F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommercialLoanMember_E60FA6C00A5401E687795F9C5F69ED2F" xlink:to="lab_us-gaap_CommercialLoanMember_E60FA6C00A5401E687795F9C5F69ED2F" xlink:type="arc"/>
<link:label id="lab_bk_FirstLienResidentialMortgageMember_3EF3EDC996AF462D04125F9C5F6A4887_terseLabel_en-US" xlink:label="lab_bk_FirstLienResidentialMortgageMember_3EF3EDC996AF462D04125F9C5F6A4887" 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_3EF3EDC996AF462D04125F9C5F6A4887_label_en-US" xlink:label="lab_bk_FirstLienResidentialMortgageMember_3EF3EDC996AF462D04125F9C5F6A4887" 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_3EF3EDC996AF462D04125F9C5F6A4887_documentation_en-US" xlink:label="lab_bk_FirstLienResidentialMortgageMember_3EF3EDC996AF462D04125F9C5F6A4887" 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-20161231.xsd#bk_FirstLienResidentialMortgageMember" xlink:label="loc_bk_FirstLienResidentialMortgageMember_3EF3EDC996AF462D04125F9C5F6A4887" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_FirstLienResidentialMortgageMember_3EF3EDC996AF462D04125F9C5F6A4887" xlink:to="lab_bk_FirstLienResidentialMortgageMember_3EF3EDC996AF462D04125F9C5F6A4887" xlink:type="arc"/>
<link:label id="lab_bk_SecondLienResidentialMortgageMember_25791BE745C7871E67C15F9C5F6A23B7_terseLabel_en-US" xlink:label="lab_bk_SecondLienResidentialMortgageMember_25791BE745C7871E67C15F9C5F6A23B7" 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_25791BE745C7871E67C15F9C5F6A23B7_label_en-US" xlink:label="lab_bk_SecondLienResidentialMortgageMember_25791BE745C7871E67C15F9C5F6A23B7" 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_25791BE745C7871E67C15F9C5F6A23B7_documentation_en-US" xlink:label="lab_bk_SecondLienResidentialMortgageMember_25791BE745C7871E67C15F9C5F6A23B7" 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-20161231.xsd#bk_SecondLienResidentialMortgageMember" xlink:label="loc_bk_SecondLienResidentialMortgageMember_25791BE745C7871E67C15F9C5F6A23B7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SecondLienResidentialMortgageMember_25791BE745C7871E67C15F9C5F6A23B7" xlink:to="lab_bk_SecondLienResidentialMortgageMember_25791BE745C7871E67C15F9C5F6A23B7" xlink:type="arc"/>
<link:label id="lab_bk_ThresholdPeriodPastDueforDelinquentandNonaccrualStatusFinancingReceivable_7210B777B92787566FBB5F9C5F70F245_terseLabel_en-US" xlink:label="lab_bk_ThresholdPeriodPastDueforDelinquentandNonaccrualStatusFinancingReceivable_7210B777B92787566FBB5F9C5F70F245" 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_7210B777B92787566FBB5F9C5F70F245_label_en-US" xlink:label="lab_bk_ThresholdPeriodPastDueforDelinquentandNonaccrualStatusFinancingReceivable_7210B777B92787566FBB5F9C5F70F245" 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_7210B777B92787566FBB5F9C5F70F245_documentation_en-US" xlink:label="lab_bk_ThresholdPeriodPastDueforDelinquentandNonaccrualStatusFinancingReceivable_7210B777B92787566FBB5F9C5F70F245" 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-20161231.xsd#bk_ThresholdPeriodPastDueforDelinquentandNonaccrualStatusFinancingReceivable" xlink:label="loc_bk_ThresholdPeriodPastDueforDelinquentandNonaccrualStatusFinancingReceivable_7210B777B92787566FBB5F9C5F70F245" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ThresholdPeriodPastDueforDelinquentandNonaccrualStatusFinancingReceivable_7210B777B92787566FBB5F9C5F70F245" xlink:to="lab_bk_ThresholdPeriodPastDueforDelinquentandNonaccrualStatusFinancingReceivable_7210B777B92787566FBB5F9C5F70F245" xlink:type="arc"/>
<link:label id="lab_bk_ThresholdPeriodPastDueSubjecttoImpairmentTestFinancingReceivable_FE47FF40B5C96AEC771F5F9C5F706203_terseLabel_en-US" xlink:label="lab_bk_ThresholdPeriodPastDueSubjecttoImpairmentTestFinancingReceivable_FE47FF40B5C96AEC771F5F9C5F706203" 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_FE47FF40B5C96AEC771F5F9C5F706203_label_en-US" xlink:label="lab_bk_ThresholdPeriodPastDueSubjecttoImpairmentTestFinancingReceivable_FE47FF40B5C96AEC771F5F9C5F706203" 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_FE47FF40B5C96AEC771F5F9C5F706203_documentation_en-US" xlink:label="lab_bk_ThresholdPeriodPastDueSubjecttoImpairmentTestFinancingReceivable_FE47FF40B5C96AEC771F5F9C5F706203" 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-20161231.xsd#bk_ThresholdPeriodPastDueSubjecttoImpairmentTestFinancingReceivable" xlink:label="loc_bk_ThresholdPeriodPastDueSubjecttoImpairmentTestFinancingReceivable_FE47FF40B5C96AEC771F5F9C5F706203" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ThresholdPeriodPastDueSubjecttoImpairmentTestFinancingReceivable_FE47FF40B5C96AEC771F5F9C5F706203" xlink:to="lab_bk_ThresholdPeriodPastDueSubjecttoImpairmentTestFinancingReceivable_FE47FF40B5C96AEC771F5F9C5F706203" xlink:type="arc"/>
<link:label id="lab_bk_ThresholdPeriodPastDueSubjecttoFurtherImpairmentTestingFinancingReceivable_0F7EF8055FF8F23B6CFF5F9C5F70E1B9_terseLabel_en-US" xlink:label="lab_bk_ThresholdPeriodPastDueSubjecttoFurtherImpairmentTestingFinancingReceivable_0F7EF8055FF8F23B6CFF5F9C5F70E1B9" 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_0F7EF8055FF8F23B6CFF5F9C5F70E1B9_label_en-US" xlink:label="lab_bk_ThresholdPeriodPastDueSubjecttoFurtherImpairmentTestingFinancingReceivable_0F7EF8055FF8F23B6CFF5F9C5F70E1B9" 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_0F7EF8055FF8F23B6CFF5F9C5F70E1B9_documentation_en-US" xlink:label="lab_bk_ThresholdPeriodPastDueSubjecttoFurtherImpairmentTestingFinancingReceivable_0F7EF8055FF8F23B6CFF5F9C5F70E1B9" 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-20161231.xsd#bk_ThresholdPeriodPastDueSubjecttoFurtherImpairmentTestingFinancingReceivable" xlink:label="loc_bk_ThresholdPeriodPastDueSubjecttoFurtherImpairmentTestingFinancingReceivable_0F7EF8055FF8F23B6CFF5F9C5F70E1B9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ThresholdPeriodPastDueSubjecttoFurtherImpairmentTestingFinancingReceivable_0F7EF8055FF8F23B6CFF5F9C5F70E1B9" xlink:to="lab_bk_ThresholdPeriodPastDueSubjecttoFurtherImpairmentTestingFinancingReceivable_0F7EF8055FF8F23B6CFF5F9C5F70E1B9" xlink:type="arc"/>
<link:label id="lab_bk_MinimumLoanAmountRequiredToMeasureImpairmentAllowance_19AF221DE0014DA0F5685F9C5F708D36_terseLabel_en-US" xlink:label="lab_bk_MinimumLoanAmountRequiredToMeasureImpairmentAllowance_19AF221DE0014DA0F5685F9C5F708D36" 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_19AF221DE0014DA0F5685F9C5F708D36_label_en-US" xlink:label="lab_bk_MinimumLoanAmountRequiredToMeasureImpairmentAllowance_19AF221DE0014DA0F5685F9C5F708D36" 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_19AF221DE0014DA0F5685F9C5F708D36_documentation_en-US" xlink:label="lab_bk_MinimumLoanAmountRequiredToMeasureImpairmentAllowance_19AF221DE0014DA0F5685F9C5F708D36" 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-20161231.xsd#bk_MinimumLoanAmountRequiredToMeasureImpairmentAllowance" xlink:label="loc_bk_MinimumLoanAmountRequiredToMeasureImpairmentAllowance_19AF221DE0014DA0F5685F9C5F708D36" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_MinimumLoanAmountRequiredToMeasureImpairmentAllowance_19AF221DE0014DA0F5685F9C5F708D36" xlink:to="lab_bk_MinimumLoanAmountRequiredToMeasureImpairmentAllowance_19AF221DE0014DA0F5685F9C5F708D36" xlink:type="arc"/>
<link:label id="lab_bk_MinimumAmountOfMajorityOfLoansPrimarilyToInstitutionalCustomers_FCAEA8951DB3049AD91A5F9C5F70294D_terseLabel_en-US" xlink:label="lab_bk_MinimumAmountOfMajorityOfLoansPrimarilyToInstitutionalCustomers_FCAEA8951DB3049AD91A5F9C5F70294D" 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_FCAEA8951DB3049AD91A5F9C5F70294D_label_en-US" xlink:label="lab_bk_MinimumAmountOfMajorityOfLoansPrimarilyToInstitutionalCustomers_FCAEA8951DB3049AD91A5F9C5F70294D" 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_FCAEA8951DB3049AD91A5F9C5F70294D_documentation_en-US" xlink:label="lab_bk_MinimumAmountOfMajorityOfLoansPrimarilyToInstitutionalCustomers_FCAEA8951DB3049AD91A5F9C5F70294D" 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-20161231.xsd#bk_MinimumAmountOfMajorityOfLoansPrimarilyToInstitutionalCustomers" xlink:label="loc_bk_MinimumAmountOfMajorityOfLoansPrimarilyToInstitutionalCustomers_FCAEA8951DB3049AD91A5F9C5F70294D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_FD69B2D5A3CA799688F15F9C5F708303_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_FD69B2D5A3CA799688F15F9C5F708303" 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_FD69B2D5A3CA799688F15F9C5F708303_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_FD69B2D5A3CA799688F15F9C5F708303" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentUsefulLife" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentUsefulLife_FD69B2D5A3CA799688F15F9C5F708303" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentUsefulLife_FD69B2D5A3CA799688F15F9C5F708303" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_FD69B2D5A3CA799688F15F9C5F708303" xlink:type="arc"/>
<link:label id="lab_bk_MaximumPercentageOfActuarialGainOrLossInExcessOfGreaterOfProjectedBenefitObligationOrMarketRelatedValueOfPlanAssets_2BF6E5298AB96DFACBBB5F9C5F70DE06_terseLabel_en-US" xlink:label="lab_bk_MaximumPercentageOfActuarialGainOrLossInExcessOfGreaterOfProjectedBenefitObligationOrMarketRelatedValueOfPlanAssets_2BF6E5298AB96DFACBBB5F9C5F70DE06" 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_2BF6E5298AB96DFACBBB5F9C5F70DE06_label_en-US" xlink:label="lab_bk_MaximumPercentageOfActuarialGainOrLossInExcessOfGreaterOfProjectedBenefitObligationOrMarketRelatedValueOfPlanAssets_2BF6E5298AB96DFACBBB5F9C5F70DE06" 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_2BF6E5298AB96DFACBBB5F9C5F70DE06_documentation_en-US" xlink:label="lab_bk_MaximumPercentageOfActuarialGainOrLossInExcessOfGreaterOfProjectedBenefitObligationOrMarketRelatedValueOfPlanAssets_2BF6E5298AB96DFACBBB5F9C5F70DE06" 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-20161231.xsd#bk_MaximumPercentageOfActuarialGainOrLossInExcessOfGreaterOfProjectedBenefitObligationOrMarketRelatedValueOfPlanAssets" xlink:label="loc_bk_MaximumPercentageOfActuarialGainOrLossInExcessOfGreaterOfProjectedBenefitObligationOrMarketRelatedValueOfPlanAssets_2BF6E5298AB96DFACBBB5F9C5F70DE06" xlink:type="locator"/>
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<link:label id="lab_bk_PeriodOfTimeToAmortizeUnrecognizedGainsOrLossesForPensionPlansWithInactiveParticipants_EF998FA3130D8531DEF05F9C5F706829_terseLabel_en-US" xlink:label="lab_bk_PeriodOfTimeToAmortizeUnrecognizedGainsOrLossesForPensionPlansWithInactiveParticipants_EF998FA3130D8531DEF05F9C5F706829" 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_EF998FA3130D8531DEF05F9C5F706829_label_en-US" xlink:label="lab_bk_PeriodOfTimeToAmortizeUnrecognizedGainsOrLossesForPensionPlansWithInactiveParticipants_EF998FA3130D8531DEF05F9C5F706829" 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_EF998FA3130D8531DEF05F9C5F706829_documentation_en-US" xlink:label="lab_bk_PeriodOfTimeToAmortizeUnrecognizedGainsOrLossesForPensionPlansWithInactiveParticipants_EF998FA3130D8531DEF05F9C5F706829" 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-20161231.xsd#bk_PeriodOfTimeToAmortizeUnrecognizedGainsOrLossesForPensionPlansWithInactiveParticipants" xlink:label="loc_bk_PeriodOfTimeToAmortizeUnrecognizedGainsOrLossesForPensionPlansWithInactiveParticipants_EF998FA3130D8531DEF05F9C5F706829" xlink:type="locator"/>
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<link:label id="lab_bk_PeriodOfTimeThatDifferenceOfExpectedReturnOnPlanAssetsVersusActualPerformanceOfPlanAssetsIncludedAsAdjustmentInMarketRelatedValue_F0CC87FE63CD06A73D2F5F9C5F710DF3_terseLabel_en-US" xlink:label="lab_bk_PeriodOfTimeThatDifferenceOfExpectedReturnOnPlanAssetsVersusActualPerformanceOfPlanAssetsIncludedAsAdjustmentInMarketRelatedValue_F0CC87FE63CD06A73D2F5F9C5F710DF3" 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_F0CC87FE63CD06A73D2F5F9C5F710DF3_label_en-US" xlink:label="lab_bk_PeriodOfTimeThatDifferenceOfExpectedReturnOnPlanAssetsVersusActualPerformanceOfPlanAssetsIncludedAsAdjustmentInMarketRelatedValue_F0CC87FE63CD06A73D2F5F9C5F710DF3" 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_F0CC87FE63CD06A73D2F5F9C5F710DF3_documentation_en-US" xlink:label="lab_bk_PeriodOfTimeThatDifferenceOfExpectedReturnOnPlanAssetsVersusActualPerformanceOfPlanAssetsIncludedAsAdjustmentInMarketRelatedValue_F0CC87FE63CD06A73D2F5F9C5F710DF3" 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-20161231.xsd#bk_PeriodOfTimeThatDifferenceOfExpectedReturnOnPlanAssetsVersusActualPerformanceOfPlanAssetsIncludedAsAdjustmentInMarketRelatedValue" xlink:label="loc_bk_PeriodOfTimeThatDifferenceOfExpectedReturnOnPlanAssetsVersusActualPerformanceOfPlanAssetsIncludedAsAdjustmentInMarketRelatedValue_F0CC87FE63CD06A73D2F5F9C5F710DF3" xlink:type="locator"/>
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<link:label id="lab_bk_CommonAndPreferredStockUsEquityMember_3036EFB853ABBED85AB6727DA36B8401_terseLabel_en-US" xlink:label="lab_bk_CommonAndPreferredStockUsEquityMember_3036EFB853ABBED85AB6727DA36B8401" 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_3036EFB853ABBED85AB6727DA36B8401_label_en-US" xlink:label="lab_bk_CommonAndPreferredStockUsEquityMember_3036EFB853ABBED85AB6727DA36B8401" 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_3036EFB853ABBED85AB6727DA36B8401_documentation_en-US" xlink:label="lab_bk_CommonAndPreferredStockUsEquityMember_3036EFB853ABBED85AB6727DA36B8401" 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-20161231.xsd#bk_CommonAndPreferredStockUsEquityMember" xlink:label="loc_bk_CommonAndPreferredStockUsEquityMember_3036EFB853ABBED85AB6727DA36B8401" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_CommonAndPreferredStockUsEquityMember_3036EFB853ABBED85AB6727DA36B8401" xlink:to="lab_bk_CommonAndPreferredStockUsEquityMember_3036EFB853ABBED85AB6727DA36B8401" xlink:type="arc"/>
<link:label id="lab_bk_CommonAndPreferredStockNonUsEquityMember_B8B330A1B066026B6ED8727DA36BDA5F_terseLabel_en-US" xlink:label="lab_bk_CommonAndPreferredStockNonUsEquityMember_B8B330A1B066026B6ED8727DA36BDA5F" 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_B8B330A1B066026B6ED8727DA36BDA5F_label_en-US" xlink:label="lab_bk_CommonAndPreferredStockNonUsEquityMember_B8B330A1B066026B6ED8727DA36BDA5F" 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_B8B330A1B066026B6ED8727DA36BDA5F_documentation_en-US" xlink:label="lab_bk_CommonAndPreferredStockNonUsEquityMember_B8B330A1B066026B6ED8727DA36BDA5F" 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-20161231.xsd#bk_CommonAndPreferredStockNonUsEquityMember" xlink:label="loc_bk_CommonAndPreferredStockNonUsEquityMember_B8B330A1B066026B6ED8727DA36BDA5F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_CommonAndPreferredStockNonUsEquityMember_B8B330A1B066026B6ED8727DA36BDA5F" xlink:to="lab_bk_CommonAndPreferredStockNonUsEquityMember_B8B330A1B066026B6ED8727DA36BDA5F" xlink:type="arc"/>
<link:label id="lab_bk_CollectiveTrustFundsCommingledMember_01D2FF5A6F8B17EEA3AF727DA36B2AE8_terseLabel_en-US" xlink:label="lab_bk_CollectiveTrustFundsCommingledMember_01D2FF5A6F8B17EEA3AF727DA36B2AE8" 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_01D2FF5A6F8B17EEA3AF727DA36B2AE8_label_en-US" xlink:label="lab_bk_CollectiveTrustFundsCommingledMember_01D2FF5A6F8B17EEA3AF727DA36B2AE8" 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_01D2FF5A6F8B17EEA3AF727DA36B2AE8_documentation_en-US" xlink:label="lab_bk_CollectiveTrustFundsCommingledMember_01D2FF5A6F8B17EEA3AF727DA36B2AE8" 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-20161231.xsd#bk_CollectiveTrustFundsCommingledMember" xlink:label="loc_bk_CollectiveTrustFundsCommingledMember_01D2FF5A6F8B17EEA3AF727DA36B2AE8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_CollectiveTrustFundsCommingledMember_01D2FF5A6F8B17EEA3AF727DA36B2AE8" xlink:to="lab_bk_CollectiveTrustFundsCommingledMember_01D2FF5A6F8B17EEA3AF727DA36B2AE8" xlink:type="arc"/>
<link:label id="lab_bk_CollectiveTrustFundsUsEquityMember_02654736AE434A105132727DA36BA334_terseLabel_en-US" xlink:label="lab_bk_CollectiveTrustFundsUsEquityMember_02654736AE434A105132727DA36BA334" 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_02654736AE434A105132727DA36BA334_label_en-US" xlink:label="lab_bk_CollectiveTrustFundsUsEquityMember_02654736AE434A105132727DA36BA334" 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_02654736AE434A105132727DA36BA334_documentation_en-US" xlink:label="lab_bk_CollectiveTrustFundsUsEquityMember_02654736AE434A105132727DA36BA334" 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-20161231.xsd#bk_CollectiveTrustFundsUsEquityMember" xlink:label="loc_bk_CollectiveTrustFundsUsEquityMember_02654736AE434A105132727DA36BA334" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_CollectiveTrustFundsUsEquityMember_02654736AE434A105132727DA36BA334" xlink:to="lab_bk_CollectiveTrustFundsUsEquityMember_02654736AE434A105132727DA36BA334" xlink:type="arc"/>
<link:label id="lab_us-gaap_USTreasurySecuritiesMember_8D93DEA5447C7AD65AB0727DA36B9F38_verboseLabel_en-US" xlink:label="lab_us-gaap_USTreasurySecuritiesMember_8D93DEA5447C7AD65AB0727DA36B9F38" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> U.S. Treasury securities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_USTreasurySecuritiesMember" xlink:label="loc_us-gaap_USTreasurySecuritiesMember_8D93DEA5447C7AD65AB0727DA36B9F38" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_USTreasurySecuritiesMember_8D93DEA5447C7AD65AB0727DA36B9F38" xlink:to="lab_us-gaap_USTreasurySecuritiesMember_8D93DEA5447C7AD65AB0727DA36B9F38" xlink:type="arc"/>
<link:label id="lab_us-gaap_USGovernmentAgenciesDebtSecuritiesMember_E756348C03315F2BB675727DA36B05F6_verboseLabel_en-US" xlink:label="lab_us-gaap_USGovernmentAgenciesDebtSecuritiesMember_E756348C03315F2BB675727DA36B05F6" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> U.S. Government agencies </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_USGovernmentAgenciesDebtSecuritiesMember" xlink:label="loc_us-gaap_USGovernmentAgenciesDebtSecuritiesMember_E756348C03315F2BB675727DA36B05F6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_USGovernmentAgenciesDebtSecuritiesMember_E756348C03315F2BB675727DA36B05F6" xlink:to="lab_us-gaap_USGovernmentAgenciesDebtSecuritiesMember_E756348C03315F2BB675727DA36B05F6" xlink:type="arc"/>
<link:label id="lab_bk_SovereignGovernmentObligationsMember_74442CDF24F659243CFA727DA36BF2F2_terseLabel_en-US" xlink:label="lab_bk_SovereignGovernmentObligationsMember_74442CDF24F659243CFA727DA36BF2F2" 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_74442CDF24F659243CFA727DA36BF2F2_label_en-US" xlink:label="lab_bk_SovereignGovernmentObligationsMember_74442CDF24F659243CFA727DA36BF2F2" 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_74442CDF24F659243CFA727DA36BF2F2_documentation_en-US" xlink:label="lab_bk_SovereignGovernmentObligationsMember_74442CDF24F659243CFA727DA36BF2F2" 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-20161231.xsd#bk_SovereignGovernmentObligationsMember" xlink:label="loc_bk_SovereignGovernmentObligationsMember_74442CDF24F659243CFA727DA36BF2F2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SovereignGovernmentObligationsMember_74442CDF24F659243CFA727DA36BF2F2" xlink:to="lab_bk_SovereignGovernmentObligationsMember_74442CDF24F659243CFA727DA36BF2F2" xlink:type="arc"/>
<link:label id="lab_us-gaap_DomesticCorporateDebtSecuritiesMember_DD15002290FB64856981727DA36BB501_terseLabel_en-US" xlink:label="lab_us-gaap_DomesticCorporateDebtSecuritiesMember_DD15002290FB64856981727DA36BB501" 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_DD15002290FB64856981727DA36BB501_label_en-US" xlink:label="lab_us-gaap_DomesticCorporateDebtSecuritiesMember_DD15002290FB64856981727DA36BB501" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DomesticCorporateDebtSecuritiesMember" xlink:label="loc_us-gaap_DomesticCorporateDebtSecuritiesMember_DD15002290FB64856981727DA36BB501" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DomesticCorporateDebtSecuritiesMember_DD15002290FB64856981727DA36BB501" xlink:to="lab_us-gaap_DomesticCorporateDebtSecuritiesMember_DD15002290FB64856981727DA36BB501" xlink:type="arc"/>
<link:label id="lab_us-gaap_MutualFundMember_704D393AD3CF393151EE72893A953854_terseLabel_en-US" xlink:label="lab_us-gaap_MutualFundMember_704D393AD3CF393151EE72893A953854" 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_704D393AD3CF393151EE72893A953854_label_en-US" xlink:label="lab_us-gaap_MutualFundMember_704D393AD3CF393151EE72893A953854" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Mutual Fund [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MutualFundMember" xlink:label="loc_us-gaap_MutualFundMember_704D393AD3CF393151EE72893A953854" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MutualFundMember_704D393AD3CF393151EE72893A953854" xlink:to="lab_us-gaap_MutualFundMember_704D393AD3CF393151EE72893A953854" xlink:type="arc"/>
<link:label id="lab_us-gaap_ExchangeTradedFundsMember_DF9B1D688A16E6E5119B727DA36CF0E2_terseLabel_en-US" xlink:label="lab_us-gaap_ExchangeTradedFundsMember_DF9B1D688A16E6E5119B727DA36CF0E2" 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_DF9B1D688A16E6E5119B727DA36CF0E2_label_en-US" xlink:label="lab_us-gaap_ExchangeTradedFundsMember_DF9B1D688A16E6E5119B727DA36CF0E2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Exchange Traded Funds [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExchangeTradedFundsMember" xlink:label="loc_us-gaap_ExchangeTradedFundsMember_DF9B1D688A16E6E5119B727DA36CF0E2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ExchangeTradedFundsMember_DF9B1D688A16E6E5119B727DA36CF0E2" xlink:to="lab_us-gaap_ExchangeTradedFundsMember_DF9B1D688A16E6E5119B727DA36CF0E2" xlink:type="arc"/>
<link:label id="lab_bk_FundOfFundsMember_C7A631D3BB10C2350887727DA36C8F14_terseLabel_en-US" xlink:label="lab_bk_FundOfFundsMember_C7A631D3BB10C2350887727DA36C8F14" 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_C7A631D3BB10C2350887727DA36C8F14_label_en-US" xlink:label="lab_bk_FundOfFundsMember_C7A631D3BB10C2350887727DA36C8F14" 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_C7A631D3BB10C2350887727DA36C8F14_documentation_en-US" xlink:label="lab_bk_FundOfFundsMember_C7A631D3BB10C2350887727DA36C8F14" 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-20161231.xsd#bk_FundOfFundsMember" xlink:label="loc_bk_FundOfFundsMember_C7A631D3BB10C2350887727DA36C8F14" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_FundOfFundsMember_C7A631D3BB10C2350887727DA36C8F14" xlink:to="lab_bk_FundOfFundsMember_C7A631D3BB10C2350887727DA36C8F14" xlink:type="arc"/>
<link:label id="lab_bk_VentureCapitalAndPartnershipInterestsMember_76BCADB28E3AB1D682FE727DA36C83CB_terseLabel_en-US" xlink:label="lab_bk_VentureCapitalAndPartnershipInterestsMember_76BCADB28E3AB1D682FE727DA36C83CB" 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_76BCADB28E3AB1D682FE727DA36C83CB_label_en-US" xlink:label="lab_bk_VentureCapitalAndPartnershipInterestsMember_76BCADB28E3AB1D682FE727DA36C83CB" 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_76BCADB28E3AB1D682FE727DA36C83CB_documentation_en-US" xlink:label="lab_bk_VentureCapitalAndPartnershipInterestsMember_76BCADB28E3AB1D682FE727DA36C83CB" 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-20161231.xsd#bk_VentureCapitalAndPartnershipInterestsMember" xlink:label="loc_bk_VentureCapitalAndPartnershipInterestsMember_76BCADB28E3AB1D682FE727DA36C83CB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_VentureCapitalAndPartnershipInterestsMember_76BCADB28E3AB1D682FE727DA36C83CB" xlink:to="lab_bk_VentureCapitalAndPartnershipInterestsMember_76BCADB28E3AB1D682FE727DA36C83CB" xlink:type="arc"/>
<link:label id="lab_us-gaap_EquityFundsMember_5F8F64C10C8B844659C8727DA36C1D39_terseLabel_en-US" xlink:label="lab_us-gaap_EquityFundsMember_5F8F64C10C8B844659C8727DA36C1D39" 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_5F8F64C10C8B844659C8727DA36C1D39_label_en-US" xlink:label="lab_us-gaap_EquityFundsMember_5F8F64C10C8B844659C8727DA36C1D39" 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:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_49AD136FE3201AFAA5313F1772F9A6DE" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationTaxCreditsForeign_31258347F57CDCF862AC3F1772F9B00F_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationTaxCreditsForeign_31258347F57CDCF862AC3F1772F9B00F" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationTaxCreditsForeign" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationTaxCreditsForeign_31258347F57CDCF862AC3F1772F9B00F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome_847CAEDB0ADC9BD16F113F1772F90DAF_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome_847CAEDB0ADC9BD16F113F1772F90DAF" 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_847CAEDB0ADC9BD16F113F1772F90DAF_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome_847CAEDB0ADC9BD16F113F1772F90DAF" 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>
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<link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseLeases_8A75A425ED102217C45C3F1772F92B59_terseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseLeases_8A75A425ED102217C45C3F1772F92B59" 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_8A75A425ED102217C45C3F1772F92B59_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseLeases_8A75A425ED102217C45C3F1772F92B59" 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>
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<link:label id="lab_us-gaap_ScheduleOfOtherAssetsTableTextBlock_58BD88CF2EBA1B3AEFF8952C8C301FBB_label_en-US" xlink:label="lab_us-gaap_ScheduleOfOtherAssetsTableTextBlock_3B9B5A989DF95C659C284C0992E1DECF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Other Assets [Table Text Block] </link:label>
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<link:label id="lab_us-gaap_StatementOfFinancialPositionAbstract_91943D673B42D398D4747D1EC78B3E4F_label_en-US" xlink:label="lab_us-gaap_StatementOfFinancialPositionAbstract_91943D673B42D398D4747D1EC78B3E4F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Statement of Financial Position [Abstract] </link:label>
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<link:label id="lab_us-gaap_AssetsAbstract_265E6CD188B787263AC47D1EC78C94DB_label_en-US" xlink:label="lab_us-gaap_AssetsAbstract_265E6CD188B787263AC47D1EC78C94DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assets [Abstract] </link:label>
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<link:label id="lab_us-gaap_FederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell_64118BB81CC90200A8F37D1EC78D8B49_terseLabel_en-US" xlink:label="lab_us-gaap_FederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell_64118BB81CC90200A8F37D1EC78D8B49" 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>
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<link:label id="lab_us-gaap_MarketableSecuritiesAbstract_8CDD488F1BB038500CC67D1EC78DFEDF_terseLabel_en-US" xlink:label="lab_us-gaap_MarketableSecuritiesAbstract_8CDD488F1BB038500CC67D1EC78DFEDF" 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_HeldToMaturitySecurities_EBFA5A2F6E9B3CB02FA17D1EC78D6348_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecurities_EBFA5A2F6E9B3CB02FA17D1EC78D6348" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Held-to-maturity (fair value of $40,669 and $43,204) </link:label>
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<link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_21E94E5684A01CBDEEFE7D1EC78EC06E_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_21E94E5684A01CBDEEFE7D1EC78EC06E" 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_PropertyPlantAndEquipmentNet_21E94E5684A01CBDEEFE7D1EC78EC06E_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_21E94E5684A01CBDEEFE7D1EC78EC06E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Property, Plant and Equipment, Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_21E94E5684A01CBDEEFE7D1EC78EC06E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AccruedInvestmentIncomeReceivable_8AD7C97C158A05D11CA77D1EC78E20FA_terseLabel_en-US" xlink:label="lab_us-gaap_AccruedInvestmentIncomeReceivable_8AD7C97C158A05D11CA77D1EC78E20FA" 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_8AD7C97C158A05D11CA77D1EC78E20FA_label_en-US" xlink:label="lab_us-gaap_AccruedInvestmentIncomeReceivable_8AD7C97C158A05D11CA77D1EC78E20FA" 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_52418E56D3EDAFD9359B7D1EC78EA5CB_terseLabel_en-US" xlink:label="lab_us-gaap_Goodwill_52418E56D3EDAFD9359B7D1EC78EA5CB" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Goodwill" xlink:label="loc_us-gaap_Goodwill_52418E56D3EDAFD9359B7D1EC78EA5CB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_981E6E8CB2043AC0CFA27D1EC78E057F_terseLabel_en-US" xlink:label="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_981E6E8CB2043AC0CFA27D1EC78E057F" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IntangibleAssetsNetExcludingGoodwill" xlink:label="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_981E6E8CB2043AC0CFA27D1EC78E057F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherAssets_C46BE3E0BDB93A6867897D1EC78E5D2A_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherAssets_C46BE3E0BDB93A6867897D1EC78E5D2A" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Other assets (includes $1,339 and $1,087, at fair value) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssets" xlink:label="loc_us-gaap_OtherAssets_C46BE3E0BDB93A6867897D1EC78E5D2A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LiabilitiesAbstract_599E1E621486E471B0417D1EC78E8ADA_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_599E1E621486E471B0417D1EC78E8ADA" 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_599E1E621486E471B0417D1EC78E8ADA_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_599E1E621486E471B0417D1EC78E8ADA" 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_4F22FC641656526A89877D1EC78EC436_terseLabel_en-US" xlink:label="lab_us-gaap_DepositsAbstract_4F22FC641656526A89877D1EC78EC436" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deposits: </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DepositsAbstract" xlink:label="loc_us-gaap_DepositsAbstract_4F22FC641656526A89877D1EC78EC436" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NoninterestBearingDomesticDepositDemand_B33E8F086F20C2556B217D1EC78EA619_terseLabel_en-US" xlink:label="lab_us-gaap_NoninterestBearingDomesticDepositDemand_B33E8F086F20C2556B217D1EC78EA619" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Noninterest-bearing (principally U.S. offices) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NoninterestBearingDomesticDepositDemand" xlink:label="loc_us-gaap_NoninterestBearingDomesticDepositDemand_B33E8F086F20C2556B217D1EC78EA619" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestBearingDepositLiabilitiesDomestic_F7A1F41A93223AB229717D1EC78E6DF9_terseLabel_en-US" xlink:label="lab_us-gaap_InterestBearingDepositLiabilitiesDomestic_F7A1F41A93223AB229717D1EC78E6DF9" 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>
<link:label id="lab_us-gaap_InterestBearingDepositLiabilitiesDomestic_F7A1F41A93223AB229717D1EC78E6DF9_label_en-US" xlink:label="lab_us-gaap_InterestBearingDepositLiabilitiesDomestic_F7A1F41A93223AB229717D1EC78E6DF9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest-bearing Deposit Liabilities, Domestic </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestBearingDepositLiabilitiesDomestic" xlink:label="loc_us-gaap_InterestBearingDepositLiabilitiesDomestic_F7A1F41A93223AB229717D1EC78E6DF9" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestBearingDepositLiabilitiesForeign_305E15636F1F59A618D57D1EC78E10E0_terseLabel_en-US" xlink:label="lab_us-gaap_InterestBearingDepositLiabilitiesForeign_305E15636F1F59A618D57D1EC78E10E0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest-bearing deposits in Non-U.S. offices </link:label>
<link:label id="lab_us-gaap_InterestBearingDepositLiabilitiesForeign_305E15636F1F59A618D57D1EC78E10E0_label_en-US" xlink:label="lab_us-gaap_InterestBearingDepositLiabilitiesForeign_305E15636F1F59A618D57D1EC78E10E0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest-bearing Deposit Liabilities, Foreign </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestBearingDepositLiabilitiesForeign" xlink:label="loc_us-gaap_InterestBearingDepositLiabilitiesForeign_305E15636F1F59A618D57D1EC78E10E0" xlink:type="locator"/>
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<link:label id="lab_us-gaap_Deposits_94247E935F263018A52C7D1EC78F9768_totalLabel_en-US" xlink:label="lab_us-gaap_Deposits_94247E935F263018A52C7D1EC78F9768" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total deposits </link:label>
<link:label id="lab_us-gaap_Deposits_94247E935F263018A52C7D1EC78F9768_label_en-US" xlink:label="lab_us-gaap_Deposits_94247E935F263018A52C7D1EC78F9768" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deposits </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Deposits" xlink:label="loc_us-gaap_Deposits_94247E935F263018A52C7D1EC78F9768" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase_1F4485740F7F59F882867D1EC78F1069_terseLabel_en-US" xlink:label="lab_us-gaap_FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase_1F4485740F7F59F882867D1EC78F1069" 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_1F4485740F7F59F882867D1EC78F1069_label_en-US" xlink:label="lab_us-gaap_FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase_1F4485740F7F59F882867D1EC78F1069" 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>
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<link:label id="lab_us-gaap_TradingLiabilities_036EE8D79D2EE32E09137D1EC78FF435_terseLabel_en-US" xlink:label="lab_us-gaap_TradingLiabilities_036EE8D79D2EE32E09137D1EC78FF435" 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_036EE8D79D2EE32E09137D1EC78FF435_label_en-US" xlink:label="lab_us-gaap_TradingLiabilities_036EE8D79D2EE32E09137D1EC78FF435" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingLiabilities" xlink:label="loc_us-gaap_TradingLiabilities_036EE8D79D2EE32E09137D1EC78FF435" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherBorrowings_8D1B84C48576A344D1DD7D1EC78F3349_terseLabel_en-US" xlink:label="lab_us-gaap_OtherBorrowings_8D1B84C48576A344D1DD7D1EC78F3349" 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_8D1B84C48576A344D1DD7D1EC78F3349_label_en-US" xlink:label="lab_us-gaap_OtherBorrowings_8D1B84C48576A344D1DD7D1EC78F3349" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Borrowings </link:label>
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<link:label id="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_66E0A2E84C54A3D316E77D1EC78F6905_verboseLabel_en-US" xlink:label="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_66E0A2E84C54A3D316E77D1EC78F6905" 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_66E0A2E84C54A3D316E77D1EC78F6905_label_en-US" xlink:label="lab_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_66E0A2E84C54A3D316E77D1EC78F6905" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccruedLiabilitiesCurrentAndNoncurrent" xlink:label="loc_us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_66E0A2E84C54A3D316E77D1EC78F6905" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherLiabilities_31330E28C13A8F5A2D9C7D1EC78FF532_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilities_31330E28C13A8F5A2D9C7D1EC78FF532" 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 $112 and $118, also includes $597 and $392, at fair value) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="loc_us-gaap_OtherLiabilities_31330E28C13A8F5A2D9C7D1EC78FF532" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LongTermDebt_5CEF55E6D97D34954EED7D1EC78FBD8B_verboseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebt_5CEF55E6D97D34954EED7D1EC78FBD8B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Long-term debt (includes $363 and $359, at fair value) </link:label>
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<link:label id="lab_us-gaap_TemporaryEquityAbstract_CBF2CAB6F20C353B6CBB7D1EC78FB83B_terseLabel_en-US" xlink:label="lab_us-gaap_TemporaryEquityAbstract_CBF2CAB6F20C353B6CBB7D1EC78FB83B" 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_CBF2CAB6F20C353B6CBB7D1EC78FB83B_label_en-US" xlink:label="lab_us-gaap_TemporaryEquityAbstract_CBF2CAB6F20C353B6CBB7D1EC78FB83B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Temporary Equity [Abstract] </link:label>
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<link:label id="lab_us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests_0A5F8302C0F5EAC68A5E7D1EC78FBCC8_terseLabel_en-US" xlink:label="lab_us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests_0A5F8302C0F5EAC68A5E7D1EC78FBCC8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Redeemable noncontrolling interests </link:label>
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<link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_BAA149C793E5B83832E07D1EC78F6A58_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_BAA149C793E5B83832E07D1EC78F6A58" 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_BAA149C793E5B83832E07D1EC78F6A58_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_BAA149C793E5B83832E07D1EC78F6A58" 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>
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<link:label id="lab_us-gaap_PreferredStockValue_2802B276C46D13E537B77D1EC78FA0D9_verboseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockValue_2802B276C46D13E537B77D1EC78FA0D9" 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 25,826 shares </link:label>
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<link:label id="lab_us-gaap_CommonStockValue_4249BFB1A65FDA3847D47D1EC78FA38E_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockValue_4249BFB1A65FDA3847D47D1EC78FA38E" 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 1,333,706,427 and 1,312,941,113 shares </link:label>
<link:label id="lab_us-gaap_CommonStockValue_4249BFB1A65FDA3847D47D1EC78FA38E_label_en-US" xlink:label="lab_us-gaap_CommonStockValue_4249BFB1A65FDA3847D47D1EC78FA38E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Stock, Value, Issued </link:label>
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<link:label id="lab_us-gaap_AdditionalPaidInCapital_E3A8F43599E412CCE2377D1EC7902613_terseLabel_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapital_E3A8F43599E412CCE2377D1EC7902613" 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_E3A8F43599E412CCE2377D1EC7902613_label_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapital_E3A8F43599E412CCE2377D1EC7902613" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="loc_us-gaap_AdditionalPaidInCapital_E3A8F43599E412CCE2377D1EC7902613" xlink:type="locator"/>
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<link:label id="lab_us-gaap_RetainedEarningsAccumulatedDeficit_C65ABF081C3FA1C633E07D1EC790DE96_terseLabel_en-US" xlink:label="lab_us-gaap_RetainedEarningsAccumulatedDeficit_C65ABF081C3FA1C633E07D1EC790DE96" 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_C65ABF081C3FA1C633E07D1EC790DE96_label_en-US" xlink:label="lab_us-gaap_RetainedEarningsAccumulatedDeficit_C65ABF081C3FA1C633E07D1EC790DE96" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Retained Earnings (Accumulated Deficit) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="loc_us-gaap_RetainedEarningsAccumulatedDeficit_C65ABF081C3FA1C633E07D1EC790DE96" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_D56FF9968333E8963BF97D1EC790DF88_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_D56FF9968333E8963BF97D1EC790DF88" 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_D56FF9968333E8963BF97D1EC790DF88_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_D56FF9968333E8963BF97D1EC790DF88" 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>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_D56FF9968333E8963BF97D1EC790DF88" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TreasuryStockValue_D6997471F37A76F8C5EC7D1EC7905ABD_negatedLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockValue_D6997471F37A76F8C5EC7D1EC7905ABD" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Less: Treasury stock of 286,218,126 and 227,598,128 common shares, at cost </link:label>
<link:label id="lab_us-gaap_TreasuryStockValue_D6997471F37A76F8C5EC7D1EC7905ABD_label_en-US" xlink:label="lab_us-gaap_TreasuryStockValue_D6997471F37A76F8C5EC7D1EC7905ABD" 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_10E60B7F525D1CBF91737D1EC7902A7F_totalLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquity_10E60B7F525D1CBF91737D1EC7902A7F" 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>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_10E60B7F525D1CBF91737D1EC7902A7F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_CC449D09F4366343F2897D1EC7902DB7_totalLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_CC449D09F4366343F2897D1EC7902DB7" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_CC449D09F4366343F2897D1EC7902DB7" xlink:type="locator"/>
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<link:label id="lab_bk_DeferredTaxLiabilitiesDepreciationAndAmortization_59532F0CCF136338BE0E6C60374E1D55_terseLabel_en-US" xlink:label="lab_bk_DeferredTaxLiabilitiesDepreciationAndAmortization_59532F0CCF136338BE0E6C60374E1D55" 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_59532F0CCF136338BE0E6C60374E1D55_label_en-US" xlink:label="lab_bk_DeferredTaxLiabilitiesDepreciationAndAmortization_59532F0CCF136338BE0E6C60374E1D55" 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_59532F0CCF136338BE0E6C60374E1D55_documentation_en-US" xlink:label="lab_bk_DeferredTaxLiabilitiesDepreciationAndAmortization_59532F0CCF136338BE0E6C60374E1D55" 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-20161231.xsd#bk_DeferredTaxLiabilitiesDepreciationAndAmortization" xlink:label="loc_bk_DeferredTaxLiabilitiesDepreciationAndAmortization_59532F0CCF136338BE0E6C60374E1D55" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DeferredTaxLiabilitiesLeasingArrangements_B96F1CF3512D39D1CB446C60374FC81E_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesLeasingArrangements_B96F1CF3512D39D1CB446C60374FC81E" 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_DeferredTaxLiabilitiesLeasingArrangements_B96F1CF3512D39D1CB446C60374FC81E_label_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesLeasingArrangements_B96F1CF3512D39D1CB446C60374FC81E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred Tax Liabilities, Leasing Arrangements </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesLeasingArrangements" xlink:label="loc_us-gaap_DeferredTaxLiabilitiesLeasingArrangements_B96F1CF3512D39D1CB446C60374FC81E" xlink:type="locator"/>
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<link:label id="lab_bk_DeferredTaxLiabilitiesPensionObligation_C6143AE8E96B3D5BC2CD6C60374FC73F_terseLabel_en-US" xlink:label="lab_bk_DeferredTaxLiabilitiesPensionObligation_C6143AE8E96B3D5BC2CD6C60374FC73F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pension obligation </link:label>
<link:label id="lab_bk_DeferredTaxLiabilitiesPensionObligation_C6143AE8E96B3D5BC2CD6C60374FC73F_label_en-US" xlink:label="lab_bk_DeferredTaxLiabilitiesPensionObligation_C6143AE8E96B3D5BC2CD6C60374FC73F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred Tax Liabilities, Pension Obligation </link:label>
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<link:loc xlink:href="bk-20161231.xsd#bk_DeferredTaxLiabilitiesPensionObligation" xlink:label="loc_bk_DeferredTaxLiabilitiesPensionObligation_C6143AE8E96B3D5BC2CD6C60374FC73F" xlink:type="locator"/>
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<link:label id="lab_bk_DeferredTaxLiabilitiesRenewableEnergyInvestment_FA88136D598202F0C6886C60374FA8A5_terseLabel_en-US" xlink:label="lab_bk_DeferredTaxLiabilitiesRenewableEnergyInvestment_FA88136D598202F0C6886C60374FA8A5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Renewable energy investment </link:label>
<link:label id="lab_bk_DeferredTaxLiabilitiesRenewableEnergyInvestment_FA88136D598202F0C6886C60374FA8A5_label_en-US" xlink:label="lab_bk_DeferredTaxLiabilitiesRenewableEnergyInvestment_FA88136D598202F0C6886C60374FA8A5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred Tax Liabilities, Renewable Energy Investment </link:label>
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<link:loc xlink:href="bk-20161231.xsd#bk_DeferredTaxLiabilitiesRenewableEnergyInvestment" xlink:label="loc_bk_DeferredTaxLiabilitiesRenewableEnergyInvestment_FA88136D598202F0C6886C60374FA8A5" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DeferredTaxLiabilitiesInvestments_DB9154D3A4A09CBFA79B6C60374F2342_label_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesInvestments_DB9154D3A4A09CBFA79B6C60374F2342" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred Tax Liabilities, Investments </link:label>
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<link:label id="lab_us-gaap_DeferredTaxLiabilities_C14F78A714B4ED91E39E6C60374FC2D3_label_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilities_C14F78A714B4ED91E39E6C60374FC2D3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred Tax Liabilities, Net </link:label>
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<link:label id="lab_us-gaap_CommitmentsToExtendCreditMember_48FF03C0EFE6C9C3FECF9A8833FD0223_terseLabel_en-US" xlink:label="lab_us-gaap_CommitmentsToExtendCreditMember_8CAA00710E945A3A96DADE12C1735A8B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Lending commitments </link:label>
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<link:label id="lab_us-gaap_LetterOfCreditMember_18054BA4955669871FE29A8833FE6FC0_terseLabel_en-US" xlink:label="lab_us-gaap_LetterOfCreditMember_9DB99E10A6AB5FF4B6E9DC383613D5F6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Commercial letters of credit </link:label>
<link:label id="lab_us-gaap_LetterOfCreditMember_18054BA4955669871FE29A8833FE6FC0_label_en-US" xlink:label="lab_us-gaap_LetterOfCreditMember_9DB99E10A6AB5FF4B6E9DC383613D5F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Letter of Credit [Member] </link:label>
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<link:label id="lab_bk_SecuritiesLendingIndemnificationAgreementsMember_3BA89F8CCAC7B81602289A8833FE178B_terseLabel_en-US" xlink:label="lab_bk_SecuritiesLendingIndemnificationAgreementsMember_D6A07B08FB5254A6B9BAAC639B3BBF19" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Securities lending indemnifications </link:label>
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<link:label id="lab_bk_SecuritiesLendingIndemnificationsJointVenture_314C50CAB0B78014710B9A8833FEDF52_terseLabel_en-US" xlink:label="lab_bk_SecuritiesLendingIndemnificationsJointVenture_881D2420362F55C9AB82CDEA36E724D3" 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_314C50CAB0B78014710B9A8833FEDF52_label_en-US" xlink:label="lab_bk_SecuritiesLendingIndemnificationsJointVenture_881D2420362F55C9AB82CDEA36E724D3" 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_314C50CAB0B78014710B9A8833FEDF52_documentation_en-US" xlink:label="lab_bk_SecuritiesLendingIndemnificationsJointVenture_881D2420362F55C9AB82CDEA36E724D3" 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-20161231.xsd#bk_SecuritiesLendingIndemnificationsJointVenture" xlink:label="loc_bk_SecuritiesLendingIndemnificationsJointVenture_881D2420362F55C9AB82CDEA36E724D3" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LaborAndRelatedExpense_825EA4B68047A7B0959A71CE95ADD966_verboseLabel_en-US" xlink:label="lab_us-gaap_LaborAndRelatedExpense_825EA4B68047A7B0959A71CE95ADD966" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Staff </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LaborAndRelatedExpense" xlink:label="loc_us-gaap_LaborAndRelatedExpense_825EA4B68047A7B0959A71CE95ADD966" xlink:type="locator"/>
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<link:label id="lab_bk_BankAssessmentCharges_4EB8FC359948466D175A71CE95B1435F_terseLabel_en-US" xlink:label="lab_bk_BankAssessmentCharges_4EB8FC359948466D175A71CE95B1435F" 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_4EB8FC359948466D175A71CE95B1435F_label_en-US" xlink:label="lab_bk_BankAssessmentCharges_4EB8FC359948466D175A71CE95B1435F" 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_4EB8FC359948466D175A71CE95B1435F_documentation_en-US" xlink:label="lab_bk_BankAssessmentCharges_4EB8FC359948466D175A71CE95B1435F" 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-20161231.xsd#bk_BankAssessmentCharges" xlink:label="loc_bk_BankAssessmentCharges_4EB8FC359948466D175A71CE95B1435F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FloorBrokerageExchangeAndClearanceFees_2FF7BA4C43E16FA2C6A771CE95B19853_terseLabel_en-US" xlink:label="lab_us-gaap_FloorBrokerageExchangeAndClearanceFees_2FF7BA4C43E16FA2C6A771CE95B19853" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Clearing </link:label>
<link:label id="lab_us-gaap_FloorBrokerageExchangeAndClearanceFees_2FF7BA4C43E16FA2C6A771CE95B19853_label_en-US" xlink:label="lab_us-gaap_FloorBrokerageExchangeAndClearanceFees_2FF7BA4C43E16FA2C6A771CE95B19853" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Floor Brokerage, Exchange and Clearance Fees </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FloorBrokerageExchangeAndClearanceFees" xlink:label="loc_us-gaap_FloorBrokerageExchangeAndClearanceFees_2FF7BA4C43E16FA2C6A771CE95B19853" xlink:type="locator"/>
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<link:label id="lab_us-gaap_Communication_6A5243E0CE8D07DE402871CE95B1B764_terseLabel_en-US" xlink:label="lab_us-gaap_Communication_6A5243E0CE8D07DE402871CE95B1B764" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Communications </link:label>
<link:label id="lab_us-gaap_Communication_6A5243E0CE8D07DE402871CE95B1B764_label_en-US" xlink:label="lab_us-gaap_Communication_6A5243E0CE8D07DE402871CE95B1B764" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Communication </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Communication" xlink:label="loc_us-gaap_Communication_6A5243E0CE8D07DE402871CE95B1B764" xlink:type="locator"/>
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<link:label id="lab_bk_NoninterestExpenseOther_8B70B90D838FC7E2FA3E71CE95B14C70_terseLabel_en-US" xlink:label="lab_bk_NoninterestExpenseOther_8B70B90D838FC7E2FA3E71CE95B14C70" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other </link:label>
<link:label id="lab_bk_NoninterestExpenseOther_8B70B90D838FC7E2FA3E71CE95B14C70_label_en-US" xlink:label="lab_bk_NoninterestExpenseOther_8B70B90D838FC7E2FA3E71CE95B14C70" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noninterest Expense Other </link:label>
<link:label id="lab_bk_NoninterestExpenseOther_8B70B90D838FC7E2FA3E71CE95B14C70_documentation_en-US" xlink:label="lab_bk_NoninterestExpenseOther_8B70B90D838FC7E2FA3E71CE95B14C70" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Noninterest Expense, Other </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_NoninterestExpenseOther" xlink:label="loc_bk_NoninterestExpenseOther_8B70B90D838FC7E2FA3E71CE95B14C70" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LegalFees_4CE78255A0D57D1A3EF271CE95B13309_terseLabel_en-US" xlink:label="lab_us-gaap_LegalFees_4CE78255A0D57D1A3EF271CE95B13309" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Litigation </link:label>
<link:label id="lab_us-gaap_LegalFees_4CE78255A0D57D1A3EF271CE95B13309_label_en-US" xlink:label="lab_us-gaap_LegalFees_4CE78255A0D57D1A3EF271CE95B13309" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Legal Fees </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LegalFees" xlink:label="loc_us-gaap_LegalFees_4CE78255A0D57D1A3EF271CE95B13309" xlink:type="locator"/>
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<link:label id="lab_bk_MergerIntegrationAndRestructuringCharges_3E32187F5C46450C44C671CE95B1F02A_terseLabel_en-US" xlink:label="lab_bk_MergerIntegrationAndRestructuringCharges_3E32187F5C46450C44C671CE95B1F02A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Merger and integration and restructuring charges </link:label>
<link:label id="lab_bk_MergerIntegrationAndRestructuringCharges_3E32187F5C46450C44C671CE95B1F02A_label_en-US" xlink:label="lab_bk_MergerIntegrationAndRestructuringCharges_3E32187F5C46450C44C671CE95B1F02A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Merger Integration And Restructuring Charges </link:label>
<link:label id="lab_bk_MergerIntegrationAndRestructuringCharges_3E32187F5C46450C44C671CE95B1F02A_documentation_en-US" xlink:label="lab_bk_MergerIntegrationAndRestructuringCharges_3E32187F5C46450C44C671CE95B1F02A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Expenses incurred for post-merger integration of operations including personnel, benefit plans, premises, equipment, computer systems, service contracts, system conversion costs, employee retention arrangements and costs of incremental communications to customers and others. Restructuring charges relate to amounts charged against earnings in the period for incurred and estimated costs, excluding asset retirement obligations, associated with exit from or disposal of business activities or restructurings pursuant to a program that is planned and controlled by management, and materially changes either the scope of business undertaken by an entity, or the manner in which that business is conducted. Also includes credit adjustments of prior amounts charged against earnings. </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_MergerIntegrationAndRestructuringCharges" xlink:label="loc_bk_MergerIntegrationAndRestructuringCharges_3E32187F5C46450C44C671CE95B1F02A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_UnitedStatesPensionPlansOfUSEntityDefinedBenefitMember_B2D837727FBA1DD97D5C6F14E2792081_verboseLabel_en-US" xlink:label="lab_us-gaap_UnitedStatesPensionPlansOfUSEntityDefinedBenefitMember_B2D837727FBA1DD97D5C6F14E2792081" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Domestic </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnitedStatesPensionPlansOfUSEntityDefinedBenefitMember" xlink:label="loc_us-gaap_UnitedStatesPensionPlansOfUSEntityDefinedBenefitMember_B2D837727FBA1DD97D5C6F14E2792081" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ForeignPensionPlansDefinedBenefitMember_1F50238BC9020CE34E7A6F14E279CBC5_verboseLabel_en-US" xlink:label="lab_us-gaap_ForeignPensionPlansDefinedBenefitMember_1F50238BC9020CE34E7A6F14E279CBC5" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Foreign </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ForeignPensionPlansDefinedBenefitMember" xlink:label="loc_us-gaap_ForeignPensionPlansDefinedBenefitMember_1F50238BC9020CE34E7A6F14E279CBC5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ForeignPensionPlansDefinedBenefitMember_1F50238BC9020CE34E7A6F14E279CBC5" xlink:to="lab_us-gaap_ForeignPensionPlansDefinedBenefitMember_1F50238BC9020CE34E7A6F14E279CBC5" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation_5EBCABE4F7CCB43597676F14E279210D_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation_5EBCABE4F7CCB43597676F14E279210D" 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_5EBCABE4F7CCB43597676F14E279210D_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation_5EBCABE4F7CCB43597676F14E279210D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets, Aggregate Projected Benefit Obligation </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation_3794969F4478B95AF1BF6F14E27989A6_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation_3794969F4478B95AF1BF6F14E27989A6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accumulated benefit obligation </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation_3794969F4478B95AF1BF6F14E27989A6_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation_3794969F4478B95AF1BF6F14E27989A6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets, Aggregate Accumulated Benefit Obligation </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets_0CEB3E2B9DF115FBE38F6F14E279957E_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets_0CEB3E2B9DF115FBE38F6F14E279957E" 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_0CEB3E2B9DF115FBE38F6F14E279957E_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets_0CEB3E2B9DF115FBE38F6F14E279957E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets, Aggregate Fair Value of Plan Assets </link:label>
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<link:label id="lab_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_70A5CC530D9844571E2F77120D70F98F_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_70A5CC530D9844571E2F77120D70F98F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Provision (Benefit) for Income Taxes from Continuing Operations </link:label>
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<link:label id="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_345904D3A035F7B50F5581AF675EAE59_terseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_345904D3A035F7B50F5581AF675EAE59" 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_345904D3A035F7B50F5581AF675EAE59_label_en-US" xlink:label="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_345904D3A035F7B50F5581AF675EAE59" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_345904D3A035F7B50F5581AF675EAE59" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PensionContributions_B19C3FA3850476447DF981AF675E795F_negatedLabel_en-US" xlink:label="lab_us-gaap_PensionContributions_B19C3FA3850476447DF981AF675E795F" 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_B19C3FA3850476447DF981AF675E795F_label_en-US" xlink:label="lab_us-gaap_PensionContributions_B19C3FA3850476447DF981AF675E795F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pension Contributions </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PensionContributions" xlink:label="loc_us-gaap_PensionContributions_B19C3FA3850476447DF981AF675E795F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DepreciationAmortizationAndAccretionNet_28138C4B9A95B1BE7E8781AF675E17BA_terseLabel_en-US" xlink:label="lab_us-gaap_DepreciationAmortizationAndAccretionNet_28138C4B9A95B1BE7E8781AF675E17BA" 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_28138C4B9A95B1BE7E8781AF675E17BA_label_en-US" xlink:label="lab_us-gaap_DepreciationAmortizationAndAccretionNet_28138C4B9A95B1BE7E8781AF675E17BA" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DepreciationAmortizationAndAccretionNet" xlink:label="loc_us-gaap_DepreciationAmortizationAndAccretionNet_28138C4B9A95B1BE7E8781AF675E17BA" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_83E29703827FCCF4174F81AF675EFD57_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_83E29703827FCCF4174F81AF675EFD57" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deferred tax (benefit) expense </link:label>
<link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_83E29703827FCCF4174F81AF675EFD57_label_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_83E29703827FCCF4174F81AF675EFD57" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_83E29703827FCCF4174F81AF675EFD57" xlink:type="locator"/>
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<link:label id="lab_bk_NetSecuritiesGainLoss_216836155EC68F5DC54E81AF675E4776_negatedLabel_en-US" xlink:label="lab_bk_NetSecuritiesGainLoss_216836155EC68F5DC54E81AF675E4776" 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-20161231.xsd#bk_NetSecuritiesGainLoss" xlink:label="loc_bk_NetSecuritiesGainLoss_216836155EC68F5DC54E81AF675E4776" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncreaseDecreaseInTradingSecurities_B60244B273D8EF21498B81AF675EA7FD_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInTradingSecurities_B60244B273D8EF21498B81AF675EA7FD" 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_B60244B273D8EF21498B81AF675EA7FD_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInTradingSecurities_B60244B273D8EF21498B81AF675EA7FD" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInTradingSecurities" xlink:label="loc_us-gaap_IncreaseDecreaseInTradingSecurities_B60244B273D8EF21498B81AF675EA7FD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInTradingSecurities_B60244B273D8EF21498B81AF675EA7FD" xlink:to="lab_us-gaap_IncreaseDecreaseInTradingSecurities_B60244B273D8EF21498B81AF675EA7FD" xlink:type="arc"/>
<link:label id="lab_us-gaap_PaymentsForOriginationAndPurchasesOfLoansHeldForSale_63973DBA775C01AABB6081AF675EEF12_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForOriginationAndPurchasesOfLoansHeldForSale_63973DBA775C01AABB6081AF675EEF12" 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_63973DBA775C01AABB6081AF675EEF12_label_en-US" xlink:label="lab_us-gaap_PaymentsForOriginationAndPurchasesOfLoansHeldForSale_63973DBA775C01AABB6081AF675EEF12" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForOriginationAndPurchasesOfLoansHeldForSale" xlink:label="loc_us-gaap_PaymentsForOriginationAndPurchasesOfLoansHeldForSale_63973DBA775C01AABB6081AF675EEF12" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForOriginationAndPurchasesOfLoansHeldForSale_63973DBA775C01AABB6081AF675EEF12" xlink:to="lab_us-gaap_PaymentsForOriginationAndPurchasesOfLoansHeldForSale_63973DBA775C01AABB6081AF675EEF12" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromSaleOfLoansHeldForSale_F0AC9B324950708AC9B581AF675E768A_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfLoansHeldForSale_F0AC9B324950708AC9B581AF675E768A" 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_F0AC9B324950708AC9B581AF675E768A_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfLoansHeldForSale_F0AC9B324950708AC9B581AF675E768A" 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>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleOfLoansHeldForSale" xlink:label="loc_us-gaap_ProceedsFromSaleOfLoansHeldForSale_F0AC9B324950708AC9B581AF675E768A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSaleOfLoansHeldForSale_F0AC9B324950708AC9B581AF675E768A" xlink:to="lab_us-gaap_ProceedsFromSaleOfLoansHeldForSale_F0AC9B324950708AC9B581AF675E768A" xlink:type="arc"/>
<link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_216DEFDFE40755A11F5881AF675E4CB8_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_216DEFDFE40755A11F5881AF675E4CB8" 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_216DEFDFE40755A11F5881AF675E4CB8_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_216DEFDFE40755A11F5881AF675E4CB8" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_216DEFDFE40755A11F5881AF675E4CB8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_216DEFDFE40755A11F5881AF675E4CB8" xlink:to="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_216DEFDFE40755A11F5881AF675E4CB8" xlink:type="arc"/>
<link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_C3BC3E54F4ACDBFF3AC181AF675EF06D_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_C3BC3E54F4ACDBFF3AC181AF675EF06D" 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_C3BC3E54F4ACDBFF3AC181AF675EF06D_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_C3BC3E54F4ACDBFF3AC181AF675EF06D" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_C3BC3E54F4ACDBFF3AC181AF675EF06D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks_FFDCE4918DC9DCDE0C4881AF675F9B29_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks_FFDCE4918DC9DCDE0C4881AF675F9B29" 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_FFDCE4918DC9DCDE0C4881AF675F9B29_label_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks_FFDCE4918DC9DCDE0C4881AF675F9B29" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks" xlink:label="loc_us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks_FFDCE4918DC9DCDE0C4881AF675F9B29" xlink:type="locator"/>
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<link:label id="lab_bk_NetChangeInInterestBearingDepositsWithFederalReserveAndOtherCentralBanks_D7839297437187B1298281AF675FE9C9_terseLabel_en-US" xlink:label="lab_bk_NetChangeInInterestBearingDepositsWithFederalReserveAndOtherCentralBanks_D7839297437187B1298281AF675FE9C9" 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_D7839297437187B1298281AF675FE9C9_label_en-US" xlink:label="lab_bk_NetChangeInInterestBearingDepositsWithFederalReserveAndOtherCentralBanks_D7839297437187B1298281AF675FE9C9" 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_D7839297437187B1298281AF675FE9C9_documentation_en-US" xlink:label="lab_bk_NetChangeInInterestBearingDepositsWithFederalReserveAndOtherCentralBanks_D7839297437187B1298281AF675FE9C9" 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-20161231.xsd#bk_NetChangeInInterestBearingDepositsWithFederalReserveAndOtherCentralBanks" xlink:label="loc_bk_NetChangeInInterestBearingDepositsWithFederalReserveAndOtherCentralBanks_D7839297437187B1298281AF675FE9C9" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_65CA3500EF6077738C0A81AF675F9DFE_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_65CA3500EF6077738C0A81AF675F9DFE" 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_65CA3500EF6077738C0A81AF675F9DFE_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_65CA3500EF6077738C0A81AF675F9DFE" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireHeldToMaturitySecurities" xlink:label="loc_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_65CA3500EF6077738C0A81AF675F9DFE" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities_245C0F4E8BB60E39C35781AF675F3278_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities_245C0F4E8BB60E39C35781AF675F3278" 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_245C0F4E8BB60E39C35781AF675F3278_label_en-US" xlink:label="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities_245C0F4E8BB60E39C35781AF675F3278" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities" xlink:label="loc_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities_245C0F4E8BB60E39C35781AF675F3278" xlink:type="locator"/>
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<link:label id="lab_bk_ProceedsFromMaturitiesAndCallsOfHeldToMaturitySecurities_1A843D80D7DD2BE2E72C81AF675FD056_terseLabel_en-US" xlink:label="lab_bk_ProceedsFromMaturitiesAndCallsOfHeldToMaturitySecurities_1A843D80D7DD2BE2E72C81AF675FD056" 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_1A843D80D7DD2BE2E72C81AF675FD056_label_en-US" xlink:label="lab_bk_ProceedsFromMaturitiesAndCallsOfHeldToMaturitySecurities_1A843D80D7DD2BE2E72C81AF675FD056" 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_1A843D80D7DD2BE2E72C81AF675FD056_documentation_en-US" xlink:label="lab_bk_ProceedsFromMaturitiesAndCallsOfHeldToMaturitySecurities_1A843D80D7DD2BE2E72C81AF675FD056" 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-20161231.xsd#bk_ProceedsFromMaturitiesAndCallsOfHeldToMaturitySecurities" xlink:label="loc_bk_ProceedsFromMaturitiesAndCallsOfHeldToMaturitySecurities_1A843D80D7DD2BE2E72C81AF675FD056" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_5DA906D3005F3BCFC6D581AF675F1277_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_5DA906D3005F3BCFC6D581AF675F1277" 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_5DA906D3005F3BCFC6D581AF675F1277_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_5DA906D3005F3BCFC6D581AF675F1277" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireAvailableForSaleSecurities" xlink:label="loc_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_5DA906D3005F3BCFC6D581AF675F1277" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_4F3B91562E08C0081C3881AF675F2F35_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_4F3B91562E08C0081C3881AF675F2F35" 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_4F3B91562E08C0081C3881AF675F2F35_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_4F3B91562E08C0081C3881AF675F2F35" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities" xlink:label="loc_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_4F3B91562E08C0081C3881AF675F2F35" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_4F3B91562E08C0081C3881AF675F2F35" xlink:to="lab_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_4F3B91562E08C0081C3881AF675F2F35" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_E601D107E6D499242EEE81AF67601D91_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_E601D107E6D499242EEE81AF67601D91" 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_E601D107E6D499242EEE81AF67601D91_label_en-US" xlink:label="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_E601D107E6D499242EEE81AF67601D91" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities" xlink:label="loc_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_E601D107E6D499242EEE81AF67601D91" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_E601D107E6D499242EEE81AF67601D91" xlink:to="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_E601D107E6D499242EEE81AF67601D91" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities_BD67BFA45374719E8AE881AF67605AD4_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities_BD67BFA45374719E8AE881AF67605AD4" 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_BD67BFA45374719E8AE881AF67605AD4_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities_BD67BFA45374719E8AE881AF67605AD4" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities" xlink:label="loc_us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities_BD67BFA45374719E8AE881AF67605AD4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities_BD67BFA45374719E8AE881AF67605AD4" xlink:to="lab_us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities_BD67BFA45374719E8AE881AF67605AD4" xlink:type="arc"/>
<link:label id="lab_us-gaap_PaymentsForProceedsFromLoansAndLeases_C383F0486C50AF793AE281AF676050A4_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromLoansAndLeases_C383F0486C50AF793AE281AF676050A4" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForProceedsFromLoansAndLeases" xlink:label="loc_us-gaap_PaymentsForProceedsFromLoansAndLeases_C383F0486C50AF793AE281AF676050A4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForProceedsFromLoansAndLeases_C383F0486C50AF793AE281AF676050A4" xlink:to="lab_us-gaap_PaymentsForProceedsFromLoansAndLeases_C383F0486C50AF793AE281AF676050A4" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromSaleOfLoansAndLeasesHeldForInvestment_B8174CB85C30923EFA2F81AF676004A4_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfLoansAndLeasesHeldForInvestment_B8174CB85C30923EFA2F81AF676004A4" 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_B8174CB85C30923EFA2F81AF676004A4_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfLoansAndLeasesHeldForInvestment_B8174CB85C30923EFA2F81AF676004A4" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleOfLoansAndLeasesHeldForInvestment" xlink:label="loc_us-gaap_ProceedsFromSaleOfLoansAndLeasesHeldForInvestment_B8174CB85C30923EFA2F81AF676004A4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSaleOfLoansAndLeasesHeldForInvestment_B8174CB85C30923EFA2F81AF676004A4" xlink:to="lab_us-gaap_ProceedsFromSaleOfLoansAndLeasesHeldForInvestment_B8174CB85C30923EFA2F81AF676004A4" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResellNet_84AA25B96A92F7FE9F7F81AF6760CF25_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResellNet_84AA25B96A92F7FE9F7F81AF6760CF25" 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_84AA25B96A92F7FE9F7F81AF6760CF25_label_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResellNet_84AA25B96A92F7FE9F7F81AF6760CF25" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResellNet" xlink:label="loc_us-gaap_ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResellNet_84AA25B96A92F7FE9F7F81AF6760CF25" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResellNet_84AA25B96A92F7FE9F7F81AF6760CF25" xlink:to="lab_us-gaap_ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResellNet_84AA25B96A92F7FE9F7F81AF6760CF25" xlink:type="arc"/>
<link:label id="lab_bk_PaymentsForProceedsFromOtherInvestments_4E1D045A30C8C0BB456D81AF67606968_negatedLabel_en-US" xlink:label="lab_bk_PaymentsForProceedsFromOtherInvestments_4E1D045A30C8C0BB456D81AF67606968" 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_4E1D045A30C8C0BB456D81AF67606968_label_en-US" xlink:label="lab_bk_PaymentsForProceedsFromOtherInvestments_4E1D045A30C8C0BB456D81AF67606968" 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_4E1D045A30C8C0BB456D81AF67606968_documentation_en-US" xlink:label="lab_bk_PaymentsForProceedsFromOtherInvestments_4E1D045A30C8C0BB456D81AF67606968" 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-20161231.xsd#bk_PaymentsForProceedsFromOtherInvestments" xlink:label="loc_bk_PaymentsForProceedsFromOtherInvestments_4E1D045A30C8C0BB456D81AF67606968" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_PaymentsForProceedsFromOtherInvestments_4E1D045A30C8C0BB456D81AF67606968" xlink:to="lab_bk_PaymentsForProceedsFromOtherInvestments_4E1D045A30C8C0BB456D81AF67606968" xlink:type="arc"/>
<link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_D4905F66F8136C784C0981AF6760DA78_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_D4905F66F8136C784C0981AF6760DA78" 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_D4905F66F8136C784C0981AF6760DA78_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_D4905F66F8136C784C0981AF6760DA78" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_D4905F66F8136C784C0981AF6760DA78" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_D4905F66F8136C784C0981AF6760DA78" xlink:to="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_D4905F66F8136C784C0981AF6760DA78" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_15D6F37CFABDF115B5A181AF67607620_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_15D6F37CFABDF115B5A181AF67607620" 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_15D6F37CFABDF115B5A181AF67607620_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_15D6F37CFABDF115B5A181AF67607620" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment" xlink:label="loc_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_15D6F37CFABDF115B5A181AF67607620" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_15D6F37CFABDF115B5A181AF67607620" xlink:to="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_15D6F37CFABDF115B5A181AF67607620" xlink:type="arc"/>
<link:label id="lab_us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates_F2D0544398D225BF5D1181AF676086CB_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates_F2D0544398D225BF5D1181AF676086CB" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Acquisitions, net of cash </link:label>
<link:label id="lab_us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates_F2D0544398D225BF5D1181AF676086CB_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates_F2D0544398D225BF5D1181AF676086CB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments to Acquire Businesses and Interest in Affiliates </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates" xlink:label="loc_us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates_F2D0544398D225BF5D1181AF676086CB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates_F2D0544398D225BF5D1181AF676086CB" xlink:to="lab_us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates_F2D0544398D225BF5D1181AF676086CB" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested_20E69D576CCC8D2F221081AF67612E7E_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested_20E69D576CCC8D2F221081AF67612E7E" 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_20E69D576CCC8D2F221081AF67612E7E_label_en-US" xlink:label="lab_us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested_20E69D576CCC8D2F221081AF67612E7E" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested" xlink:label="loc_us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested_20E69D576CCC8D2F221081AF67612E7E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_C058D1E167A2832703D781AF6761D081_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_C058D1E167A2832703D781AF6761D081" 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_C058D1E167A2832703D781AF6761D081_label_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_C058D1E167A2832703D781AF6761D081" 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>
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<link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_92318C2DD5D12554255081AF6761ABA9_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_92318C2DD5D12554255081AF6761ABA9" 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_92318C2DD5D12554255081AF6761ABA9_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_92318C2DD5D12554255081AF6761ABA9" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_92318C2DD5D12554255081AF6761ABA9" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncreaseDecreaseInDeposits_C88D287C3187F070832A81AF67616472_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInDeposits_C88D287C3187F070832A81AF67616472" 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_C88D287C3187F070832A81AF67616472_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInDeposits_C88D287C3187F070832A81AF67616472" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Deposits </link:label>
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<link:label id="lab_us-gaap_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet_AC91ADD324068A708C8E81AF6761A293_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet_AC91ADD324068A708C8E81AF6761A293" 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_AC91ADD324068A708C8E81AF6761A293_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet_AC91ADD324068A708C8E81AF6761A293" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet" xlink:label="loc_us-gaap_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet_AC91ADD324068A708C8E81AF6761A293" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet_AC91ADD324068A708C8E81AF6761A293" xlink:to="lab_us-gaap_IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet_AC91ADD324068A708C8E81AF6761A293" xlink:type="arc"/>
<link:label id="lab_us-gaap_IncreaseDecreaseInPayablesToBrokerDealers_0454B4BC7BD243F733FF81AF67612E81_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInPayablesToBrokerDealers_0454B4BC7BD243F733FF81AF67612E81" 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_0454B4BC7BD243F733FF81AF67612E81_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInPayablesToBrokerDealers_0454B4BC7BD243F733FF81AF67612E81" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInPayablesToBrokerDealers" xlink:label="loc_us-gaap_IncreaseDecreaseInPayablesToBrokerDealers_0454B4BC7BD243F733FF81AF67612E81" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInPayablesToBrokerDealers_0454B4BC7BD243F733FF81AF67612E81" xlink:to="lab_us-gaap_IncreaseDecreaseInPayablesToBrokerDealers_0454B4BC7BD243F733FF81AF67612E81" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromRepaymentsOfOtherDebt_4205B15AE7050CF2137C81AF67612572_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromRepaymentsOfOtherDebt_4205B15AE7050CF2137C81AF67612572" 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_4205B15AE7050CF2137C81AF67612572_label_en-US" xlink:label="lab_us-gaap_ProceedsFromRepaymentsOfOtherDebt_4205B15AE7050CF2137C81AF67612572" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromRepaymentsOfOtherDebt" xlink:label="loc_us-gaap_ProceedsFromRepaymentsOfOtherDebt_4205B15AE7050CF2137C81AF67612572" xlink:type="locator"/>
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<link:label id="lab_us-gaap_RepaymentsOfLongTermDebt_08B747280E84C1E8B4B781AF67619F6B_negatedLabel_en-US" xlink:label="lab_us-gaap_RepaymentsOfLongTermDebt_08B747280E84C1E8B4B781AF67619F6B" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="loc_us-gaap_RepaymentsOfLongTermDebt_08B747280E84C1E8B4B781AF67619F6B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RepaymentsOfLongTermDebt_08B747280E84C1E8B4B781AF67619F6B" xlink:to="lab_us-gaap_RepaymentsOfLongTermDebt_08B747280E84C1E8B4B781AF67619F6B" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromStockOptionsExercised_B0DDA6A128BC2DE2876481AF6761E2C8_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromStockOptionsExercised_B0DDA6A128BC2DE2876481AF6761E2C8" 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_B0DDA6A128BC2DE2876481AF6761E2C8_label_en-US" xlink:label="lab_us-gaap_ProceedsFromStockOptionsExercised_B0DDA6A128BC2DE2876481AF6761E2C8" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromStockOptionsExercised" xlink:label="loc_us-gaap_ProceedsFromStockOptionsExercised_B0DDA6A128BC2DE2876481AF6761E2C8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_641EC888D3D350D13F1781AF676287C9_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_641EC888D3D350D13F1781AF676287C9" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_641EC888D3D350D13F1781AF676287C9" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PaymentsOfDividendsCommonStock_AE2564C644CC0D2AECE981AF6762B577_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfDividendsCommonStock_AE2564C644CC0D2AECE981AF6762B577" 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_AE2564C644CC0D2AECE981AF6762B577_label_en-US" xlink:label="lab_us-gaap_PaymentsOfDividendsCommonStock_AE2564C644CC0D2AECE981AF6762B577" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsOfDividendsCommonStock" xlink:label="loc_us-gaap_PaymentsOfDividendsCommonStock_AE2564C644CC0D2AECE981AF6762B577" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsOfDividendsCommonStock_AE2564C644CC0D2AECE981AF6762B577" xlink:to="lab_us-gaap_PaymentsOfDividendsCommonStock_AE2564C644CC0D2AECE981AF6762B577" xlink:type="arc"/>
<link:label id="lab_us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock_5109982CC59F6B1CD89E81AF6762D564_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock_5109982CC59F6B1CD89E81AF6762D564" 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_5109982CC59F6B1CD89E81AF6762D564_label_en-US" xlink:label="lab_us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock_5109982CC59F6B1CD89E81AF6762D564" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock" xlink:label="loc_us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock_5109982CC59F6B1CD89E81AF6762D564" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_88BA038FC4965094781F81AF676276BE_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_88BA038FC4965094781F81AF676276BE" 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_88BA038FC4965094781F81AF676276BE_label_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_88BA038FC4965094781F81AF676276BE" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromPaymentsForOtherFinancingActivities" xlink:label="loc_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_88BA038FC4965094781F81AF676276BE" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_A553E7191A9A003DA1CB81AF6762F7DE_terseLabel_en-US" xlink:label="lab_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_A553E7191A9A003DA1CB81AF6762F7DE" 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_A553E7191A9A003DA1CB81AF6762F7DE_label_en-US" xlink:label="lab_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_A553E7191A9A003DA1CB81AF6762F7DE" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents" xlink:label="loc_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_A553E7191A9A003DA1CB81AF6762F7DE" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseAbstract_81EBDC6686B9FB45C44A81AF6762EE77_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseAbstract_81EBDC6686B9FB45C44A81AF6762EE77" 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_81EBDC6686B9FB45C44A81AF6762EE77_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseAbstract_81EBDC6686B9FB45C44A81AF6762EE77" 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>
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<link:label id="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_2E7490E606C8B573BC6181AF676217D8_totalLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_2E7490E606C8B573BC6181AF676217D8" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_2E7490E606C8B573BC6181AF676217D8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SupplementalCashFlowInformationAbstract_0D6A0475C4777DE94A8281AF6762EF56_terseLabel_en-US" xlink:label="lab_us-gaap_SupplementalCashFlowInformationAbstract_0D6A0475C4777DE94A8281AF6762EF56" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Supplemental disclosures </link:label>
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<link:label id="lab_bk_CommitmentsAndContingenciesDisclosureTable_6F0244D7C088484FF3AF698625B1ACEE_terseLabel_en-US" xlink:label="lab_bk_CommitmentsAndContingenciesDisclosureTable_6F0244D7C088484FF3AF698625B1ACEE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Commitments and Contingencies Disclosure [Table] </link:label>
<link:label id="lab_bk_CommitmentsAndContingenciesDisclosureTable_6F0244D7C088484FF3AF698625B1ACEE_label_en-US" xlink:label="lab_bk_CommitmentsAndContingenciesDisclosureTable_6F0244D7C088484FF3AF698625B1ACEE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commitments And Contingencies Disclosure [Table] </link:label>
<link:label id="lab_bk_CommitmentsAndContingenciesDisclosureTable_6F0244D7C088484FF3AF698625B1ACEE_documentation_en-US" xlink:label="lab_bk_CommitmentsAndContingenciesDisclosureTable_6F0244D7C088484FF3AF698625B1ACEE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Commitments and Contingencies Disclosure [Table] </link:label>
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<link:label id="lab_us-gaap_LitigationCaseAxis_C9E0D3DD7BFDDA370AD3698625B2255A_terseLabel_en-US" xlink:label="lab_us-gaap_LitigationCaseAxis_C9E0D3DD7BFDDA370AD3698625B2255A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Litigation Case [Axis] </link:label>
<link:label id="lab_us-gaap_LitigationCaseAxis_C9E0D3DD7BFDDA370AD3698625B2255A_label_en-US" xlink:label="lab_us-gaap_LitigationCaseAxis_C9E0D3DD7BFDDA370AD3698625B2255A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Litigation Case [Axis] </link:label>
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<link:label id="lab_us-gaap_LitigationCaseTypeDomain_C5A8C73EACDBFBFBC0C4698625B2B555_label_en-US" xlink:label="lab_us-gaap_LitigationCaseTypeDomain_C5A8C73EACDBFBFBC0C4698625B2B555" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Litigation Case [Domain] </link:label>
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<link:label id="lab_bk_MattersRelatedtoR.AllenStanfordPutativeClassActionMember_90EBBDA73022508900AC698625B28D88_label_en-US" xlink:label="lab_bk_MattersRelatedtoR.AllenStanfordPutativeClassActionMember_90EBBDA73022508900AC698625B28D88" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Matters Related to R. Allen Stanford, Putative Class Action [Member] </link:label>
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<link:label id="lab_bk_FederalCourtSouthernDistrictofNewYorkBreachofContractandViolationofERISAMember_D9713D5EB18E7ABEE2E9698625B216EF_terseLabel_en-US" xlink:label="lab_bk_FederalCourtSouthernDistrictofNewYorkBreachofContractandViolationofERISAMember_D9713D5EB18E7ABEE2E9698625B216EF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Federal Court, Southern District of New York, Breach of Contract and Violation of ERISA </link:label>
<link:label id="lab_bk_FederalCourtSouthernDistrictofNewYorkBreachofContractandViolationofERISAMember_D9713D5EB18E7ABEE2E9698625B216EF_label_en-US" xlink:label="lab_bk_FederalCourtSouthernDistrictofNewYorkBreachofContractandViolationofERISAMember_D9713D5EB18E7ABEE2E9698625B216EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Federal Court, Southern District of New York, Breach of Contract and Violation of ERISA [Member] </link:label>
<link:label id="lab_bk_FederalCourtSouthernDistrictofNewYorkBreachofContractandViolationofERISAMember_D9713D5EB18E7ABEE2E9698625B216EF_documentation_en-US" xlink:label="lab_bk_FederalCourtSouthernDistrictofNewYorkBreachofContractandViolationofERISAMember_D9713D5EB18E7ABEE2E9698625B216EF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Federal Court, Southern District of New York, Breach of Contract and Violation of ERISA [Member] </link:label>
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<link:label id="lab_bk_CommitmentsAndContingenciesDisclosureLineItems_AC9C976FEA7E2872BE2B698625B2C9CD_terseLabel_en-US" xlink:label="lab_bk_CommitmentsAndContingenciesDisclosureLineItems_AC9C976FEA7E2872BE2B698625B2C9CD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Commitments and Contingencies Disclosure [Line Items] </link:label>
<link:label id="lab_bk_CommitmentsAndContingenciesDisclosureLineItems_AC9C976FEA7E2872BE2B698625B2C9CD_label_en-US" xlink:label="lab_bk_CommitmentsAndContingenciesDisclosureLineItems_AC9C976FEA7E2872BE2B698625B2C9CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commitments And Contingencies Disclosure [Line Items] </link:label>
<link:label id="lab_bk_CommitmentsAndContingenciesDisclosureLineItems_AC9C976FEA7E2872BE2B698625B2C9CD_documentation_en-US" xlink:label="lab_bk_CommitmentsAndContingenciesDisclosureLineItems_AC9C976FEA7E2872BE2B698625B2C9CD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Commitments and Contingencies Disclosure [Line Items] </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_CommitmentsAndContingenciesDisclosureLineItems" xlink:label="loc_bk_CommitmentsAndContingenciesDisclosureLineItems_AC9C976FEA7E2872BE2B698625B2C9CD" xlink:type="locator"/>
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<link:label id="lab_bk_LendingCommitmentMaturingWithinOneYear_0F61337C0BEDEB8DA923698625B2EBB9_terseLabel_en-US" xlink:label="lab_bk_LendingCommitmentMaturingWithinOneYear_0F61337C0BEDEB8DA923698625B2EBB9" 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_0F61337C0BEDEB8DA923698625B2EBB9_label_en-US" xlink:label="lab_bk_LendingCommitmentMaturingWithinOneYear_0F61337C0BEDEB8DA923698625B2EBB9" 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_0F61337C0BEDEB8DA923698625B2EBB9_documentation_en-US" xlink:label="lab_bk_LendingCommitmentMaturingWithinOneYear_0F61337C0BEDEB8DA923698625B2EBB9" 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-20161231.xsd#bk_LendingCommitmentMaturingWithinOneYear" xlink:label="loc_bk_LendingCommitmentMaturingWithinOneYear_0F61337C0BEDEB8DA923698625B2EBB9" xlink:type="locator"/>
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<link:label id="lab_bk_LendingCommitmentMaturingAfterOneThroughFiveYears_765B32D691CFBE7655D8698625B25740_terseLabel_en-US" xlink:label="lab_bk_LendingCommitmentMaturingAfterOneThroughFiveYears_765B32D691CFBE7655D8698625B25740" 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_765B32D691CFBE7655D8698625B25740_label_en-US" xlink:label="lab_bk_LendingCommitmentMaturingAfterOneThroughFiveYears_765B32D691CFBE7655D8698625B25740" 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_765B32D691CFBE7655D8698625B25740_documentation_en-US" xlink:label="lab_bk_LendingCommitmentMaturingAfterOneThroughFiveYears_765B32D691CFBE7655D8698625B25740" 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-20161231.xsd#bk_LendingCommitmentMaturingAfterOneThroughFiveYears" xlink:label="loc_bk_LendingCommitmentMaturingAfterOneThroughFiveYears_765B32D691CFBE7655D8698625B25740" xlink:type="locator"/>
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<link:label id="lab_bk_LendingCommitmentMaturingAfterFiveYears_9FBF7B2D438A71D25758698625B2F02D_terseLabel_en-US" xlink:label="lab_bk_LendingCommitmentMaturingAfterFiveYears_9FBF7B2D438A71D25758698625B2F02D" 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_9FBF7B2D438A71D25758698625B2F02D_label_en-US" xlink:label="lab_bk_LendingCommitmentMaturingAfterFiveYears_9FBF7B2D438A71D25758698625B2F02D" 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_9FBF7B2D438A71D25758698625B2F02D_documentation_en-US" xlink:label="lab_bk_LendingCommitmentMaturingAfterFiveYears_9FBF7B2D438A71D25758698625B2F02D" 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-20161231.xsd#bk_LendingCommitmentMaturingAfterFiveYears" xlink:label="loc_bk_LendingCommitmentMaturingAfterFiveYears_9FBF7B2D438A71D25758698625B2F02D" xlink:type="locator"/>
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<link:label id="lab_bk_ObligationToReturnCashOrSecuritiesReceivedAsCollateral_B27E9D260A7011314F2A698625B23D97_terseLabel_en-US" xlink:label="lab_bk_ObligationToReturnCashOrSecuritiesReceivedAsCollateral_B27E9D260A7011314F2A698625B23D97" 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_B27E9D260A7011314F2A698625B23D97_label_en-US" xlink:label="lab_bk_ObligationToReturnCashOrSecuritiesReceivedAsCollateral_B27E9D260A7011314F2A698625B23D97" 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_B27E9D260A7011314F2A698625B23D97_documentation_en-US" xlink:label="lab_bk_ObligationToReturnCashOrSecuritiesReceivedAsCollateral_B27E9D260A7011314F2A698625B23D97" 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-20161231.xsd#bk_ObligationToReturnCashOrSecuritiesReceivedAsCollateral" xlink:label="loc_bk_ObligationToReturnCashOrSecuritiesReceivedAsCollateral_B27E9D260A7011314F2A698625B23D97" xlink:type="locator"/>
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<link:label id="lab_bk_StandbyLettersOfCreditExpiringWithinOneYear_652080481132A16E555D698625B2D84C_terseLabel_en-US" xlink:label="lab_bk_StandbyLettersOfCreditExpiringWithinOneYear_652080481132A16E555D698625B2D84C" 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_652080481132A16E555D698625B2D84C_label_en-US" xlink:label="lab_bk_StandbyLettersOfCreditExpiringWithinOneYear_652080481132A16E555D698625B2D84C" 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_652080481132A16E555D698625B2D84C_documentation_en-US" xlink:label="lab_bk_StandbyLettersOfCreditExpiringWithinOneYear_652080481132A16E555D698625B2D84C" 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-20161231.xsd#bk_StandbyLettersOfCreditExpiringWithinOneYear" xlink:label="loc_bk_StandbyLettersOfCreditExpiringWithinOneYear_652080481132A16E555D698625B2D84C" xlink:type="locator"/>
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<link:label id="lab_bk_StandbyLettersOfCreditExpiringAfterOneThroughFiveYear_3EA2CA98E00E9A8E1179698625B27A04_terseLabel_en-US" xlink:label="lab_bk_StandbyLettersOfCreditExpiringAfterOneThroughFiveYear_3EA2CA98E00E9A8E1179698625B27A04" 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_3EA2CA98E00E9A8E1179698625B27A04_label_en-US" xlink:label="lab_bk_StandbyLettersOfCreditExpiringAfterOneThroughFiveYear_3EA2CA98E00E9A8E1179698625B27A04" 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_3EA2CA98E00E9A8E1179698625B27A04_documentation_en-US" xlink:label="lab_bk_StandbyLettersOfCreditExpiringAfterOneThroughFiveYear_3EA2CA98E00E9A8E1179698625B27A04" 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-20161231.xsd#bk_StandbyLettersOfCreditExpiringAfterOneThroughFiveYear" xlink:label="loc_bk_StandbyLettersOfCreditExpiringAfterOneThroughFiveYear_3EA2CA98E00E9A8E1179698625B27A04" xlink:type="locator"/>
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<link:label id="lab_bk_OtherLiabilitiesAllowanceForLendingRelatedCommitments_7F4BF08380A67F5110D7698625B2EA84_terseLabel_en-US" xlink:label="lab_bk_OtherLiabilitiesAllowanceForLendingRelatedCommitments_7F4BF08380A67F5110D7698625B2EA84" 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_7F4BF08380A67F5110D7698625B2EA84_label_en-US" xlink:label="lab_bk_OtherLiabilitiesAllowanceForLendingRelatedCommitments_7F4BF08380A67F5110D7698625B2EA84" 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_7F4BF08380A67F5110D7698625B2EA84_documentation_en-US" xlink:label="lab_bk_OtherLiabilitiesAllowanceForLendingRelatedCommitments_7F4BF08380A67F5110D7698625B2EA84" 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-20161231.xsd#bk_OtherLiabilitiesAllowanceForLendingRelatedCommitments" xlink:label="loc_bk_OtherLiabilitiesAllowanceForLendingRelatedCommitments_7F4BF08380A67F5110D7698625B2EA84" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OtherLiabilitiesAllowanceForLendingRelatedCommitments_7F4BF08380A67F5110D7698625B2EA84" xlink:to="lab_bk_OtherLiabilitiesAllowanceForLendingRelatedCommitments_7F4BF08380A67F5110D7698625B2EA84" xlink:type="arc"/>
<link:label id="lab_bk_OffBalanceSheetCreditRisk_9CB611E10E4C01BF9A53698625B2FF3D_verboseLabel_en-US" xlink:label="lab_bk_OffBalanceSheetCreditRisk_9CB611E10E4C01BF9A53698625B2FF3D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Commercial letters of credit </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_OffBalanceSheetCreditRisk" xlink:label="loc_bk_OffBalanceSheetCreditRisk_9CB611E10E4C01BF9A53698625B2FF3D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OffBalanceSheetCreditRisk_9CB611E10E4C01BF9A53698625B2FF3D" xlink:to="lab_bk_OffBalanceSheetCreditRisk_9CB611E10E4C01BF9A53698625B2FF3D" xlink:type="arc"/>
<link:label id="lab_bk_SecuritiesLendingTransactionMaturityDaysMaximum_66C511FB4679E4AEB3C3698625B2D640_terseLabel_en-US" xlink:label="lab_bk_SecuritiesLendingTransactionMaturityDaysMaximum_66C511FB4679E4AEB3C3698625B2D640" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Maximum maturities of prearranged contract for a securities lending transaction </link:label>
<link:label id="lab_bk_SecuritiesLendingTransactionMaturityDaysMaximum_66C511FB4679E4AEB3C3698625B2D640_label_en-US" xlink:label="lab_bk_SecuritiesLendingTransactionMaturityDaysMaximum_66C511FB4679E4AEB3C3698625B2D640" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Lending Transaction Maturity Days Maximum </link:label>
<link:label id="lab_bk_SecuritiesLendingTransactionMaturityDaysMaximum_66C511FB4679E4AEB3C3698625B2D640_documentation_en-US" xlink:label="lab_bk_SecuritiesLendingTransactionMaturityDaysMaximum_66C511FB4679E4AEB3C3698625B2D640" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securities Lending Transaction Maturity Days Maximum </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_SecuritiesLendingTransactionMaturityDaysMaximum" xlink:label="loc_bk_SecuritiesLendingTransactionMaturityDaysMaximum_66C511FB4679E4AEB3C3698625B2D640" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SecuritiesLendingTransactionMaturityDaysMaximum_66C511FB4679E4AEB3C3698625B2D640" xlink:to="lab_bk_SecuritiesLendingTransactionMaturityDaysMaximum_66C511FB4679E4AEB3C3698625B2D640" xlink:type="arc"/>
<link:label id="lab_bk_SecuritiesLendingCashCollateralPercentage_F0E76E353917AE020EB7698625B20B02_terseLabel_en-US" xlink:label="lab_bk_SecuritiesLendingCashCollateralPercentage_F0E76E353917AE020EB7698625B20B02" 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_F0E76E353917AE020EB7698625B20B02_label_en-US" xlink:label="lab_bk_SecuritiesLendingCashCollateralPercentage_F0E76E353917AE020EB7698625B20B02" 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_F0E76E353917AE020EB7698625B20B02_documentation_en-US" xlink:label="lab_bk_SecuritiesLendingCashCollateralPercentage_F0E76E353917AE020EB7698625B20B02" 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-20161231.xsd#bk_SecuritiesLendingCashCollateralPercentage" xlink:label="loc_bk_SecuritiesLendingCashCollateralPercentage_F0E76E353917AE020EB7698625B20B02" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SecuritiesLendingCashCollateralPercentage_F0E76E353917AE020EB7698625B20B02" xlink:to="lab_bk_SecuritiesLendingCashCollateralPercentage_F0E76E353917AE020EB7698625B20B02" xlink:type="arc"/>
<link:label id="lab_bk_SecuritiesLendingIndemnificationsCollateral_9839235BC58026A8D046698625B2D207_terseLabel_en-US" xlink:label="lab_bk_SecuritiesLendingIndemnificationsCollateral_9839235BC58026A8D046698625B2D207" 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_9839235BC58026A8D046698625B2D207_label_en-US" xlink:label="lab_bk_SecuritiesLendingIndemnificationsCollateral_9839235BC58026A8D046698625B2D207" 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_9839235BC58026A8D046698625B2D207_documentation_en-US" xlink:label="lab_bk_SecuritiesLendingIndemnificationsCollateral_9839235BC58026A8D046698625B2D207" 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-20161231.xsd#bk_SecuritiesLendingIndemnificationsCollateral" xlink:label="loc_bk_SecuritiesLendingIndemnificationsCollateral_9839235BC58026A8D046698625B2D207" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SecuritiesLendingIndemnificationsCollateral_9839235BC58026A8D046698625B2D207" xlink:to="lab_bk_SecuritiesLendingIndemnificationsCollateral_9839235BC58026A8D046698625B2D207" xlink:type="arc"/>
<link:label id="lab_bk_SecuritiesLendingIndemnificationsCollateralJointVenture_FE47F309FB144C19B004698625B250C0_terseLabel_en-US" xlink:label="lab_bk_SecuritiesLendingIndemnificationsCollateralJointVenture_FE47F309FB144C19B004698625B250C0" 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_FE47F309FB144C19B004698625B250C0_label_en-US" xlink:label="lab_bk_SecuritiesLendingIndemnificationsCollateralJointVenture_FE47F309FB144C19B004698625B250C0" 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_FE47F309FB144C19B004698625B250C0_documentation_en-US" xlink:label="lab_bk_SecuritiesLendingIndemnificationsCollateralJointVenture_FE47F309FB144C19B004698625B250C0" 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-20161231.xsd#bk_SecuritiesLendingIndemnificationsCollateralJointVenture" xlink:label="loc_bk_SecuritiesLendingIndemnificationsCollateralJointVenture_FE47F309FB144C19B004698625B250C0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SecuritiesLendingIndemnificationsCollateralJointVenture_FE47F309FB144C19B004698625B250C0" xlink:to="lab_bk_SecuritiesLendingIndemnificationsCollateralJointVenture_FE47F309FB144C19B004698625B250C0" xlink:type="arc"/>
<link:label id="lab_us-gaap_OperatingLeasesRentExpenseNet_18CBA71EE74EA4072E14698625B3367E_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesRentExpenseNet_18CBA71EE74EA4072E14698625B3367E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Operating Leases, Rent Expense, Net </link:label>
<link:label id="lab_us-gaap_OperatingLeasesRentExpenseNet_18CBA71EE74EA4072E14698625B3367E_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesRentExpenseNet_18CBA71EE74EA4072E14698625B3367E" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesRentExpenseNet" xlink:label="loc_us-gaap_OperatingLeasesRentExpenseNet_18CBA71EE74EA4072E14698625B3367E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesRentExpenseNet_18CBA71EE74EA4072E14698625B3367E" xlink:to="lab_us-gaap_OperatingLeasesRentExpenseNet_18CBA71EE74EA4072E14698625B3367E" xlink:type="arc"/>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_134783BB22B86F25FA10698625B336F5_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_134783BB22B86F25FA10698625B336F5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Operating Leases, Future Minimum Payments Due, Next Twelve Months </link:label>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_134783BB22B86F25FA10698625B336F5_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_134783BB22B86F25FA10698625B336F5" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_134783BB22B86F25FA10698625B336F5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_134783BB22B86F25FA10698625B336F5" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_134783BB22B86F25FA10698625B336F5" xlink:type="arc"/>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_8C855035903273D43B55698625B378EE_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_8C855035903273D43B55698625B378EE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Operating Leases, Future Minimum Payments, Due in Two Years </link:label>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_8C855035903273D43B55698625B378EE_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_8C855035903273D43B55698625B378EE" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_8C855035903273D43B55698625B378EE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_8C855035903273D43B55698625B378EE" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_8C855035903273D43B55698625B378EE" xlink:type="arc"/>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_06EF196EB7AF86CA2C8D698625B3F4CD_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_06EF196EB7AF86CA2C8D698625B3F4CD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Operating Leases, Future Minimum Payments, Due in Three Years </link:label>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_06EF196EB7AF86CA2C8D698625B3F4CD_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_06EF196EB7AF86CA2C8D698625B3F4CD" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_06EF196EB7AF86CA2C8D698625B3F4CD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_06EF196EB7AF86CA2C8D698625B3F4CD" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_06EF196EB7AF86CA2C8D698625B3F4CD" xlink:type="arc"/>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_3548C66952EC69ADBEC9698625B3D131_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_3548C66952EC69ADBEC9698625B3D131" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Operating Leases, Future Minimum Payments, Due in Four Years </link:label>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_3548C66952EC69ADBEC9698625B3D131_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_3548C66952EC69ADBEC9698625B3D131" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_3548C66952EC69ADBEC9698625B3D131" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_3548C66952EC69ADBEC9698625B3D131" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_3548C66952EC69ADBEC9698625B3D131" xlink:type="arc"/>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_ED60EA03DD81EF393FD1698625B3CCE3_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_ED60EA03DD81EF393FD1698625B3CCE3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Operating Leases, Future Minimum Payments, Due in Five Years </link:label>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_ED60EA03DD81EF393FD1698625B3CCE3_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_ED60EA03DD81EF393FD1698625B3CCE3" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_ED60EA03DD81EF393FD1698625B3CCE3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_ED60EA03DD81EF393FD1698625B3CCE3" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_ED60EA03DD81EF393FD1698625B3CCE3" xlink:type="arc"/>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_06EA3AD947B9B2A7DBA7698625B3C213_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_06EA3AD947B9B2A7DBA7698625B3C213" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Operating Leases, Future Minimum Payments, Due Thereafter </link:label>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_06EA3AD947B9B2A7DBA7698625B3C213_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_06EA3AD947B9B2A7DBA7698625B3C213" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_06EA3AD947B9B2A7DBA7698625B3C213" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_06EA3AD947B9B2A7DBA7698625B3C213" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_06EA3AD947B9B2A7DBA7698625B3C213" xlink:type="arc"/>
<link:label id="lab_us-gaap_LossContingencyEstimateOfPossibleLoss_6867B4AE6CE1EC18B91B698625B39F6B_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingencyEstimateOfPossibleLoss_6867B4AE6CE1EC18B91B698625B39F6B" 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_6867B4AE6CE1EC18B91B698625B39F6B_label_en-US" xlink:label="lab_us-gaap_LossContingencyEstimateOfPossibleLoss_6867B4AE6CE1EC18B91B698625B39F6B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loss Contingency, Estimate of Possible Loss </link:label>
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<link:label id="lab_us-gaap_InterestAndDividendIncomeOperatingAbstract_200F80BBD6B6FC5BDCE97AF3620F704A_terseLabel_en-US" xlink:label="lab_us-gaap_InterestAndDividendIncomeOperatingAbstract_200F80BBD6B6FC5BDCE97AF3620F704A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest revenue </link:label>
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<link:label id="lab_us-gaap_InterestIncomeDepositsWithFinancialInstitutions_CB21F41DBE95478E1AF47AF3620F6574_terseLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeDepositsWithFinancialInstitutions_CB21F41DBE95478E1AF47AF3620F6574" 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_CB21F41DBE95478E1AF47AF3620F6574_label_en-US" xlink:label="lab_us-gaap_InterestIncomeDepositsWithFinancialInstitutions_CB21F41DBE95478E1AF47AF3620F6574" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestIncomeDepositsWithFinancialInstitutions" xlink:label="loc_us-gaap_InterestIncomeDepositsWithFinancialInstitutions_CB21F41DBE95478E1AF47AF3620F6574" xlink:type="locator"/>
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<link:label id="lab_bk_InterestIncomeDepositsWithFederalReserveAndOtherCentralBanks_8E516D4FCF44D228EEB57AF3620FACA4_terseLabel_en-US" xlink:label="lab_bk_InterestIncomeDepositsWithFederalReserveAndOtherCentralBanks_8E516D4FCF44D228EEB57AF3620FACA4" 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_8E516D4FCF44D228EEB57AF3620FACA4_label_en-US" xlink:label="lab_bk_InterestIncomeDepositsWithFederalReserveAndOtherCentralBanks_8E516D4FCF44D228EEB57AF3620FACA4" 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_8E516D4FCF44D228EEB57AF3620FACA4_documentation_en-US" xlink:label="lab_bk_InterestIncomeDepositsWithFederalReserveAndOtherCentralBanks_8E516D4FCF44D228EEB57AF3620FACA4" 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-20161231.xsd#bk_InterestIncomeDepositsWithFederalReserveAndOtherCentralBanks" xlink:label="loc_bk_InterestIncomeDepositsWithFederalReserveAndOtherCentralBanks_8E516D4FCF44D228EEB57AF3620FACA4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell_641B04A340B0568048AB7AF3620F58AD_terseLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell_641B04A340B0568048AB7AF3620F58AD" 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_641B04A340B0568048AB7AF3620F58AD_label_en-US" xlink:label="lab_us-gaap_InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell_641B04A340B0568048AB7AF3620F58AD" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell" xlink:label="loc_us-gaap_InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell_641B04A340B0568048AB7AF3620F58AD" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue_D496E3C64EBB34A018C97AF3620FCEFC_terseLabel_en-US" xlink:label="lab_us-gaap_InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue_D496E3C64EBB34A018C97AF3620FCEFC" 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_D496E3C64EBB34A018C97AF3620FCEFC_label_en-US" xlink:label="lab_us-gaap_InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue_D496E3C64EBB34A018C97AF3620FCEFC" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue" xlink:label="loc_us-gaap_InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue_D496E3C64EBB34A018C97AF3620FCEFC" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestAndDividendIncomeOperating_A40D968A65A7926D8D847AF36210B629_totalLabel_en-US" xlink:label="lab_us-gaap_InterestAndDividendIncomeOperating_A40D968A65A7926D8D847AF36210B629" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total interest revenue </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestAndDividendIncomeOperating" xlink:label="loc_us-gaap_InterestAndDividendIncomeOperating_A40D968A65A7926D8D847AF36210B629" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestExpenseAbstract_6907996AFC6BA97C286E7AF36210629F_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseAbstract_6907996AFC6BA97C286E7AF36210629F" 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_6907996AFC6BA97C286E7AF36210629F_label_en-US" xlink:label="lab_us-gaap_InterestExpenseAbstract_6907996AFC6BA97C286E7AF36210629F" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpenseAbstract" xlink:label="loc_us-gaap_InterestExpenseAbstract_6907996AFC6BA97C286E7AF36210629F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestExpenseDeposits_7D332E385BFC03F920C77AF36210F3C3_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseDeposits_7D332E385BFC03F920C77AF36210F3C3" 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_InterestExpenseDeposits_7D332E385BFC03F920C77AF36210F3C3_label_en-US" xlink:label="lab_us-gaap_InterestExpenseDeposits_7D332E385BFC03F920C77AF36210F3C3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Expense, Deposits </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpenseDeposits" xlink:label="loc_us-gaap_InterestExpenseDeposits_7D332E385BFC03F920C77AF36210F3C3" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestExpenseForeignDeposits_091DE1A2EFD0C915B4167AF36210514D_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseForeignDeposits_091DE1A2EFD0C915B4167AF36210514D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest Expense, Foreign Deposits </link:label>
<link:label id="lab_us-gaap_InterestExpenseForeignDeposits_091DE1A2EFD0C915B4167AF36210514D_label_en-US" xlink:label="lab_us-gaap_InterestExpenseForeignDeposits_091DE1A2EFD0C915B4167AF36210514D" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpenseForeignDeposits" xlink:label="loc_us-gaap_InterestExpenseForeignDeposits_091DE1A2EFD0C915B4167AF36210514D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase_3F623C6179465D0A57C27AF362108F6D_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase_3F623C6179465D0A57C27AF362108F6D" 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_3F623C6179465D0A57C27AF362108F6D_label_en-US" xlink:label="lab_us-gaap_InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase_3F623C6179465D0A57C27AF362108F6D" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase" xlink:label="loc_us-gaap_InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase_3F623C6179465D0A57C27AF362108F6D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestExpenseTradingLiabilities_2B008CAC6A4329AD9AB77AF36210D431_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseTradingLiabilities_2B008CAC6A4329AD9AB77AF36210D431" 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_2B008CAC6A4329AD9AB77AF36210D431_label_en-US" xlink:label="lab_us-gaap_InterestExpenseTradingLiabilities_2B008CAC6A4329AD9AB77AF36210D431" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpenseTradingLiabilities" xlink:label="loc_us-gaap_InterestExpenseTradingLiabilities_2B008CAC6A4329AD9AB77AF36210D431" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestExpenseOtherShortTermBorrowings_004F98DE4138E925C8257AF3621014B7_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseOtherShortTermBorrowings_004F98DE4138E925C8257AF3621014B7" 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_004F98DE4138E925C8257AF3621014B7_label_en-US" xlink:label="lab_us-gaap_InterestExpenseOtherShortTermBorrowings_004F98DE4138E925C8257AF3621014B7" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpenseOtherShortTermBorrowings" xlink:label="loc_us-gaap_InterestExpenseOtherShortTermBorrowings_004F98DE4138E925C8257AF3621014B7" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestExpenseCommercialPaper_084E1E9C0A45728EBA627AF36210FCAC_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseCommercialPaper_084E1E9C0A45728EBA627AF36210FCAC" 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_084E1E9C0A45728EBA627AF36210FCAC_label_en-US" xlink:label="lab_us-gaap_InterestExpenseCommercialPaper_084E1E9C0A45728EBA627AF36210FCAC" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpenseCommercialPaper" xlink:label="loc_us-gaap_InterestExpenseCommercialPaper_084E1E9C0A45728EBA627AF36210FCAC" xlink:type="locator"/>
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<link:label id="lab_bk_InterestExpenseCustomerPayables_909FF912A919EBA531BB7AF36210BE78_terseLabel_en-US" xlink:label="lab_bk_InterestExpenseCustomerPayables_909FF912A919EBA531BB7AF36210BE78" 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_909FF912A919EBA531BB7AF36210BE78_label_en-US" xlink:label="lab_bk_InterestExpenseCustomerPayables_909FF912A919EBA531BB7AF36210BE78" 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_909FF912A919EBA531BB7AF36210BE78_documentation_en-US" xlink:label="lab_bk_InterestExpenseCustomerPayables_909FF912A919EBA531BB7AF36210BE78" 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-20161231.xsd#bk_InterestExpenseCustomerPayables" xlink:label="loc_bk_InterestExpenseCustomerPayables_909FF912A919EBA531BB7AF36210BE78" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestExpenseLongTermDebt_D29E0BB43AD0E09C8D377AF362107F3A_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseLongTermDebt_D29E0BB43AD0E09C8D377AF362107F3A" 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_D29E0BB43AD0E09C8D377AF362107F3A_label_en-US" xlink:label="lab_us-gaap_InterestExpenseLongTermDebt_D29E0BB43AD0E09C8D377AF362107F3A" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpenseLongTermDebt" xlink:label="loc_us-gaap_InterestExpenseLongTermDebt_D29E0BB43AD0E09C8D377AF362107F3A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestExpense_AC1D8045B8E1BC3E43727AF362105B19_totalLabel_en-US" xlink:label="lab_us-gaap_InterestExpense_AC1D8045B8E1BC3E43727AF362105B19" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total interest expense </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaap_InterestExpense_AC1D8045B8E1BC3E43727AF362105B19" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpense_AC1D8045B8E1BC3E43727AF362105B19" xlink:to="lab_us-gaap_InterestExpense_AC1D8045B8E1BC3E43727AF362105B19" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProvisionForLoanLeaseAndOtherLosses_4863F6EDB6654C245FF47AF36210C571_terseLabel_en-US" xlink:label="lab_us-gaap_ProvisionForLoanLeaseAndOtherLosses_4863F6EDB6654C245FF47AF36210C571" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Provision </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProvisionForLoanLeaseAndOtherLosses" xlink:label="loc_us-gaap_ProvisionForLoanLeaseAndOtherLosses_4863F6EDB6654C245FF47AF36210C571" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProvisionForLoanLeaseAndOtherLosses_4863F6EDB6654C245FF47AF36210C571" xlink:to="lab_us-gaap_ProvisionForLoanLeaseAndOtherLosses_4863F6EDB6654C245FF47AF36210C571" xlink:type="arc"/>
<link:label id="lab_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss_C9F37F020327FAB9D54A7AF36210256A_totalLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss_C9F37F020327FAB9D54A7AF36210256A" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Interest Income (Expense), after Provision for Loan Loss </link:label>
<link:label id="lab_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss_C9F37F020327FAB9D54A7AF36210256A_label_en-US" xlink:label="lab_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss_C9F37F020327FAB9D54A7AF36210256A" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss" xlink:label="loc_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss_C9F37F020327FAB9D54A7AF36210256A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss_C9F37F020327FAB9D54A7AF36210256A" xlink:to="lab_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss_C9F37F020327FAB9D54A7AF36210256A" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeAssetsAbstract_8F6AD24D1F7EA3C96F03E8FE6B0791AE_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetsAbstract_060258E8588B5CB1B019C7A5D3E34BD4" 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_8F6AD24D1F7EA3C96F03E8FE6B0791AE_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetsAbstract_060258E8588B5CB1B019C7A5D3E34BD4" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeAssetsAbstract" xlink:label="loc_us-gaap_DerivativeAssetsAbstract_060258E8588B5CB1B019C7A5D3E34BD4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssetsAbstract_060258E8588B5CB1B019C7A5D3E34BD4" xlink:to="lab_us-gaap_DerivativeAssetsAbstract_060258E8588B5CB1B019C7A5D3E34BD4" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeAsset_AF3CE9B1C05E9A9C25EAE8FE6B073E22_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeAsset_6C4BB0B3BBFC5E1289D64E4800752306" 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:label id="lab_us-gaap_DerivativeFairValueOfDerivativeAsset_AF3CE9B1C05E9A9C25EAE8FE6B073E22_label_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeAsset_6C4BB0B3BBFC5E1289D64E4800752306" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeAsset_6C4BB0B3BBFC5E1289D64E4800752306" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeFairValueOfDerivativeAsset_6C4BB0B3BBFC5E1289D64E4800752306" xlink:to="lab_us-gaap_DerivativeFairValueOfDerivativeAsset_6C4BB0B3BBFC5E1289D64E4800752306" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeAssetFairValueGrossLiability_4D15A96AED32E3AB6AA0E8FE6B07B4B4_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetFairValueGrossLiability_793793D67B535051A1F26054D1CBD408" 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:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeAssetFairValueGrossLiability" xlink:label="loc_us-gaap_DerivativeAssetFairValueGrossLiability_793793D67B535051A1F26054D1CBD408" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssetFairValueGrossLiability_793793D67B535051A1F26054D1CBD408" xlink:to="lab_us-gaap_DerivativeAssetFairValueGrossLiability_793793D67B535051A1F26054D1CBD408" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral_E4FEE65B2B5A80FCEB9EE8FE6B07A60A_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral_AD380C8EA8C35BFBB363EC1F50051631" 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_E4FEE65B2B5A80FCEB9EE8FE6B07A60A_label_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral_AD380C8EA8C35BFBB363EC1F50051631" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral_AD380C8EA8C35BFBB363EC1F50051631" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral_AD380C8EA8C35BFBB363EC1F50051631" xlink:to="lab_us-gaap_DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral_AD380C8EA8C35BFBB363EC1F50051631" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeAssetNotOffsetPolicyElectionDeduction_7E57471CE2C810ABE31FE8FE6B074F51_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetNotOffsetPolicyElectionDeduction_FC4FC657700753E9A26E79BE1B72D9E4" 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_7E57471CE2C810ABE31FE8FE6B074F51_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetNotOffsetPolicyElectionDeduction_FC4FC657700753E9A26E79BE1B72D9E4" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeAssetNotOffsetPolicyElectionDeduction" xlink:label="loc_us-gaap_DerivativeAssetNotOffsetPolicyElectionDeduction_FC4FC657700753E9A26E79BE1B72D9E4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssetNotOffsetPolicyElectionDeduction_FC4FC657700753E9A26E79BE1B72D9E4" xlink:to="lab_us-gaap_DerivativeAssetNotOffsetPolicyElectionDeduction_FC4FC657700753E9A26E79BE1B72D9E4" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeCollateralObligationToReturnCash_B80E585671B996B22E33E8FE6B0715D6_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeCollateralObligationToReturnCash_033D0E14D2C55E08A28F45979B31E620" 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_B80E585671B996B22E33E8FE6B0715D6_label_en-US" xlink:label="lab_us-gaap_DerivativeCollateralObligationToReturnCash_033D0E14D2C55E08A28F45979B31E620" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeCollateralObligationToReturnCash" xlink:label="loc_us-gaap_DerivativeCollateralObligationToReturnCash_033D0E14D2C55E08A28F45979B31E620" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeCollateralObligationToReturnCash_033D0E14D2C55E08A28F45979B31E620" xlink:to="lab_us-gaap_DerivativeCollateralObligationToReturnCash_033D0E14D2C55E08A28F45979B31E620" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral_C9E4D59C688E8BABF37BE8FE6B07F3C3_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral_A521126076C251E2A7FD8898CA3B02B0" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Derivative assets subject to netting arrangements, gross amounts offset in the balance sheet </link:label>
<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral_C9E4D59C688E8BABF37BE8FE6B07F3C3_label_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral_A521126076C251E2A7FD8898CA3B02B0" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral_A521126076C251E2A7FD8898CA3B02B0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral_A521126076C251E2A7FD8898CA3B02B0" xlink:to="lab_us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral_A521126076C251E2A7FD8898CA3B02B0" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeAssetNotSubjectToMasterNettingArrangement_ED36A09D3FB1D4EC9E5DE8FE6B07BF27_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetNotSubjectToMasterNettingArrangement_3E70DF7B17BB58CF9B730DB1B99EC4C6" 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_ED36A09D3FB1D4EC9E5DE8FE6B07BF27_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetNotSubjectToMasterNettingArrangement_3E70DF7B17BB58CF9B730DB1B99EC4C6" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeAssetNotSubjectToMasterNettingArrangement" xlink:label="loc_us-gaap_DerivativeAssetNotSubjectToMasterNettingArrangement_3E70DF7B17BB58CF9B730DB1B99EC4C6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssetNotSubjectToMasterNettingArrangement_3E70DF7B17BB58CF9B730DB1B99EC4C6" xlink:to="lab_us-gaap_DerivativeAssetNotSubjectToMasterNettingArrangement_3E70DF7B17BB58CF9B730DB1B99EC4C6" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement_CD59D359D745EB73F06EE8FE6B07F9ED_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement_16DA200D1E7E5B1CBDC2CE81A0EB0444" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total derivatives, Gross assets recognized </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement" xlink:label="loc_us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement_16DA200D1E7E5B1CBDC2CE81A0EB0444" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement_16DA200D1E7E5B1CBDC2CE81A0EB0444" xlink:to="lab_us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement_16DA200D1E7E5B1CBDC2CE81A0EB0444" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_6FFFE72B391FA2D844FFE8FE6B073DB8_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_0FF3FB0B9A365AE2A3F0BDC4657B945A" 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_6FFFE72B391FA2D844FFE8FE6B073DB8_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_0FF3FB0B9A365AE2A3F0BDC4657B945A" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection" xlink:label="loc_us-gaap_DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_0FF3FB0B9A365AE2A3F0BDC4657B945A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_0FF3FB0B9A365AE2A3F0BDC4657B945A" xlink:to="lab_us-gaap_DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_0FF3FB0B9A365AE2A3F0BDC4657B945A" xlink:type="arc"/>
<link:label id="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellGross_EF002CEDDC020B003461E8FE6B07B589_verboseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellGross_8B67D1F100E45A9DA3F7FC19CD9515F0" 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_EF002CEDDC020B003461E8FE6B07B589_label_en-US" xlink:label="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellGross_8B67D1F100E45A9DA3F7FC19CD9515F0" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuritiesPurchasedUnderAgreementsToResellGross" xlink:label="loc_us-gaap_SecuritiesPurchasedUnderAgreementsToResellGross_8B67D1F100E45A9DA3F7FC19CD9515F0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuritiesPurchasedUnderAgreementsToResellGross_8B67D1F100E45A9DA3F7FC19CD9515F0" xlink:to="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellGross_8B67D1F100E45A9DA3F7FC19CD9515F0" xlink:type="arc"/>
<link:label id="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellLiability_7B180B7E1B23D92C0673E8FE6B075A58_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellLiability_CB506FC838D85E35B77D9662F1D7FF02" 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_7B180B7E1B23D92C0673E8FE6B075A58_label_en-US" xlink:label="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellLiability_CB506FC838D85E35B77D9662F1D7FF02" 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>
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<link:label id="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellNotOffsetPolicyElectionDeduction_F09A8F58C64C9765FF69E8FE6B082E10_label_en-US" xlink:label="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellNotOffsetPolicyElectionDeduction_1424E7019BB15606AEC5CCBDC282560A" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuritiesPurchasedUnderAgreementsToResellNotOffsetPolicyElectionDeduction" xlink:label="loc_us-gaap_SecuritiesPurchasedUnderAgreementsToResellNotOffsetPolicyElectionDeduction_1424E7019BB15606AEC5CCBDC282560A" xlink:type="locator"/>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnCash" xlink:label="loc_us-gaap_SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnCash_AA9A5E24719E58C9AE5EDAFBF7D9A804" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_692A019C8C5877C3499DE8FE6B08B4D1_label_en-US" xlink:label="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_E313BC020EB4597DBBE85F1D182675E3" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuritiesPurchasedUnderAgreementsToResellOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection" xlink:label="loc_us-gaap_SecuritiesPurchasedUnderAgreementsToResellOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_E313BC020EB4597DBBE85F1D182675E3" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SecuritiesBorrowedGross_4700174E866688A65CE6E8FE6B081CA0_label_en-US" xlink:label="lab_us-gaap_SecuritiesBorrowedGross_DB8BFD488DB55814902000AA910496AD" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuritiesBorrowedGross" xlink:label="loc_us-gaap_SecuritiesBorrowedGross_DB8BFD488DB55814902000AA910496AD" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SecuritiesBorrowed_2959C44319A52912D8E4E8FE6B08F213_label_en-US" xlink:label="lab_us-gaap_SecuritiesBorrowed_716D83E280B05B1DB5A0C47F4AB7AAF1" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuritiesBorrowed" xlink:label="loc_us-gaap_SecuritiesBorrowed_716D83E280B05B1DB5A0C47F4AB7AAF1" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SecuritiesBorrowedNotOffsetPolicyElectionDeduction_C15B985EF829A35BBA9AE8FE6B08C8F8_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesBorrowedNotOffsetPolicyElectionDeduction_EA367B568D1F5C53AE5DFCCE64DB8BFC" 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_C15B985EF829A35BBA9AE8FE6B08C8F8_label_en-US" xlink:label="lab_us-gaap_SecuritiesBorrowedNotOffsetPolicyElectionDeduction_EA367B568D1F5C53AE5DFCCE64DB8BFC" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuritiesBorrowedNotOffsetPolicyElectionDeduction" xlink:label="loc_us-gaap_SecuritiesBorrowedNotOffsetPolicyElectionDeduction_EA367B568D1F5C53AE5DFCCE64DB8BFC" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_3A87F5C9A506EE73B0ACE8FE6B08E15F_totalLabel_en-US" xlink:label="lab_us-gaap_SecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_890BF50E9B8652EDA8C6DEC2796AAB3A" 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_3A87F5C9A506EE73B0ACE8FE6B08E15F_label_en-US" xlink:label="lab_us-gaap_SecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_890BF50E9B8652EDA8C6DEC2796AAB3A" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection" xlink:label="loc_us-gaap_SecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_890BF50E9B8652EDA8C6DEC2796AAB3A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedGross_8094D873199D51D43150E8FE6B08D40D_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedGross_3007E90805855D20AB0F2BA20C99E127" 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_8094D873199D51D43150E8FE6B08D40D_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedGross_3007E90805855D20AB0F2BA20C99E127" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedGross" xlink:label="loc_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedGross_3007E90805855D20AB0F2BA20C99E127" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability_27ADF8D461E9A896CC59E8FE6B08AB27_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability_412962FA82475D30A138B6978BCA7406" 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_27ADF8D461E9A896CC59E8FE6B08AB27_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability_412962FA82475D30A138B6978BCA7406" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability" xlink:label="loc_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability_412962FA82475D30A138B6978BCA7406" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowed_2BC771F0109728640E3AE8FE6B08B30E_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowed_EADCF5019D5C51ED990A3BB34D62DF3F" 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>
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<link:label id="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedNotOffsetPolicyElectionDeduction_04058741B7517F5C22C5E8FE6B08C01D_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedNotOffsetPolicyElectionDeduction_D6CBE40EF1475B50B72C444405092DFE" 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_04058741B7517F5C22C5E8FE6B08C01D_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedNotOffsetPolicyElectionDeduction_D6CBE40EF1475B50B72C444405092DFE" 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>
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<link:label id="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedCollateralObligationToReturnCash_AE5E896A4FB250470D0CE8FE6B08AC45_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedCollateralObligationToReturnCash_D33AC113F9D751E3B110E6F228AB8A2F" 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_AE5E896A4FB250470D0CE8FE6B08AC45_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedCollateralObligationToReturnCash_D33AC113F9D751E3B110E6F228AB8A2F" 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>
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<link:label id="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_E15D1B832662B38E1D25E8FE6B0888D7_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_8046FD94CCD358D4B347DDDF31E5F654" 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_E15D1B832662B38E1D25E8FE6B0888D7_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_8046FD94CCD358D4B347DDDF31E5F654" 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>
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<link:label id="lab_us-gaap_DerivativeLiabilitiesAbstract_99E980BAF97BCE35ADACE8FE6B088CCD_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilitiesAbstract_BDE5EDF600DA520EA560B5735A0F5554" 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_99E980BAF97BCE35ADACE8FE6B088CCD_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilitiesAbstract_BDE5EDF600DA520EA560B5735A0F5554" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilitiesAbstract" xlink:label="loc_us-gaap_DerivativeLiabilitiesAbstract_BDE5EDF600DA520EA560B5735A0F5554" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeLiability_D042A68F71F8F4E8D298E8FE6B08F45F_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeLiability_2D2CD0149F7C5FD1A6C53A10B54620AC" 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_D042A68F71F8F4E8D298E8FE6B08F45F_label_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeLiability_2D2CD0149F7C5FD1A6C53A10B54620AC" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeLiability_2D2CD0149F7C5FD1A6C53A10B54620AC" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeLiabilityFairValueGrossAsset_BAABFD86A1AE9E75D6D0E8FE6B08BC93_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityFairValueGrossAsset_78C0C1330A805F3BAABDCBEE2C0C8FCA" 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:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilityFairValueGrossAsset" xlink:label="loc_us-gaap_DerivativeLiabilityFairValueGrossAsset_78C0C1330A805F3BAABDCBEE2C0C8FCA" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral_95FCB20C09AAFC9A3560E8FE6B08D205_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral_7D10DBB9715E55D48CC61E9DD3E8741A" 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_95FCB20C09AAFC9A3560E8FE6B08D205_label_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral_7D10DBB9715E55D48CC61E9DD3E8741A" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral_7D10DBB9715E55D48CC61E9DD3E8741A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral_7D10DBB9715E55D48CC61E9DD3E8741A" xlink:to="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral_7D10DBB9715E55D48CC61E9DD3E8741A" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeLiabilityNotOffsetPolicyElectionDeduction_D7955C36CF9C152A79EAE8FE6B081D59_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityNotOffsetPolicyElectionDeduction_2E3AD2D3F6A4544F89C673950F38AD09" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivatives subject to netting arrangements, Gross amounts not offset in the balance sheet, Financial instruments </link:label>
<link:label id="lab_us-gaap_DerivativeLiabilityNotOffsetPolicyElectionDeduction_D7955C36CF9C152A79EAE8FE6B081D59_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityNotOffsetPolicyElectionDeduction_2E3AD2D3F6A4544F89C673950F38AD09" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilityNotOffsetPolicyElectionDeduction" xlink:label="loc_us-gaap_DerivativeLiabilityNotOffsetPolicyElectionDeduction_2E3AD2D3F6A4544F89C673950F38AD09" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLiabilityNotOffsetPolicyElectionDeduction_2E3AD2D3F6A4544F89C673950F38AD09" xlink:to="lab_us-gaap_DerivativeLiabilityNotOffsetPolicyElectionDeduction_2E3AD2D3F6A4544F89C673950F38AD09" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeCollateralRightToReclaimCash_070FC5787D402CC88226E8FE6B08FC50_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeCollateralRightToReclaimCash_AA68BACA5E7D504F9BA58FC1B5649F88" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivatives subject to netting arrangements, Gross amounts not offset in the balance sheet, Cash collateral pledged </link:label>
<link:label id="lab_us-gaap_DerivativeCollateralRightToReclaimCash_070FC5787D402CC88226E8FE6B08FC50_label_en-US" xlink:label="lab_us-gaap_DerivativeCollateralRightToReclaimCash_AA68BACA5E7D504F9BA58FC1B5649F88" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeCollateralRightToReclaimCash" xlink:label="loc_us-gaap_DerivativeCollateralRightToReclaimCash_AA68BACA5E7D504F9BA58FC1B5649F88" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeCollateralRightToReclaimCash_AA68BACA5E7D504F9BA58FC1B5649F88" xlink:to="lab_us-gaap_DerivativeCollateralRightToReclaimCash_AA68BACA5E7D504F9BA58FC1B5649F88" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_1D416F60EABF573FF97EE8FE6B09E36E_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_6FE6191D90BD5F0EA38209964EF5A35D" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Derivatives subject to netting arrangements, Net amount </link:label>
<link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_1D416F60EABF573FF97EE8FE6B09E36E_label_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_6FE6191D90BD5F0EA38209964EF5A35D" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_6FE6191D90BD5F0EA38209964EF5A35D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeLiabilityNotSubjectToMasterNettingArrangement_087B7B3EC35016969F50E8FE6B092F46_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityNotSubjectToMasterNettingArrangement_1756B1D72C8D5DA686E9CCF2BCE889CB" 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_087B7B3EC35016969F50E8FE6B092F46_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityNotSubjectToMasterNettingArrangement_1756B1D72C8D5DA686E9CCF2BCE889CB" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilityNotSubjectToMasterNettingArrangement" xlink:label="loc_us-gaap_DerivativeLiabilityNotSubjectToMasterNettingArrangement_1756B1D72C8D5DA686E9CCF2BCE889CB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement_75345FF92E60FC76F58AE8FE6B093820_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement_BD9C53C5348D5C3CBFE0C09438C221D4" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total derivatives, Gross liabilities recognized </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement" xlink:label="loc_us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement_BD9C53C5348D5C3CBFE0C09438C221D4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_5328520C0B4C65E0A753E8FE6B09E748_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_263868A0837E5F0281E03480D40E0C87" 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_DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_5328520C0B4C65E0A753E8FE6B09E748_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_263868A0837E5F0281E03480D40E0C87" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Liability, Fair Value, 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_SecuritiesSoldUnderAgreementsToRepurchaseGross_FB27B5AA67C629965E0DE8FE6B09D0DF_verboseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseGross_40C5514F70215A1AAAC7A8609872021E" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Repurchase agreements, Gross liabilities recognized </link:label>
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<link:label id="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseAsset_86DCF01F8717148C30C2E8FE6B09A28C_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseAsset_CC8861815CBB5F5088BFC1001AB065DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Repurchase agreements, Gross amounts offset in the balance sheet </link:label>
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<link:label id="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_FDAF1CCC7C8CC448121DE8FE6B09344A_label_en-US" xlink:label="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_7782ED5E32BB5BFB9E336A79B958BD66" 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_F4717E059567D0DE76EFE8FE6B093D21_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesSoldUnderAgreementsToResellNotOffsetPolicyElectionDeduction_10E72541A796556588E48AFBFED23B84" 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, Financial instruments </link:label>
<link:label id="lab_us-gaap_SecuritiesSoldUnderAgreementsToResellNotOffsetPolicyElectionDeduction_F4717E059567D0DE76EFE8FE6B093D21_label_en-US" xlink:label="lab_us-gaap_SecuritiesSoldUnderAgreementsToResellNotOffsetPolicyElectionDeduction_10E72541A796556588E48AFBFED23B84" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToResellNotOffsetPolicyElectionDeduction" xlink:label="loc_us-gaap_SecuritiesSoldUnderAgreementsToResellNotOffsetPolicyElectionDeduction_10E72541A796556588E48AFBFED23B84" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities_E0602C91DE3AD431E39EE8FE6B097DCE_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities_C8093F79EDEB5B7AAC669D0D1522B6E8" 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_E0602C91DE3AD431E39EE8FE6B097DCE_label_en-US" xlink:label="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities_C8093F79EDEB5B7AAC669D0D1522B6E8" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities" xlink:label="loc_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities_C8093F79EDEB5B7AAC669D0D1522B6E8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_FEFE0ABBE6117D9A0C33E8FE6B09002C_totalLabel_en-US" xlink:label="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_2B5861C5C53950A2944F177D8BE8599C" 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_FEFE0ABBE6117D9A0C33E8FE6B09002C_label_en-US" xlink:label="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_2B5861C5C53950A2944F177D8BE8599C" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection" xlink:label="loc_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_2B5861C5C53950A2944F177D8BE8599C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_2B5861C5C53950A2944F177D8BE8599C" xlink:to="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_2B5861C5C53950A2944F177D8BE8599C" xlink:type="arc"/>
<link:label id="lab_us-gaap_SecuritiesLoanedGross_E5AD6953E2FE88ECD11FE8FE6B0911F7_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesLoanedGross_18D7374100DE5FDC94AD44F2A271378C" 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_E5AD6953E2FE88ECD11FE8FE6B0911F7_label_en-US" xlink:label="lab_us-gaap_SecuritiesLoanedGross_18D7374100DE5FDC94AD44F2A271378C" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuritiesLoanedGross" xlink:label="loc_us-gaap_SecuritiesLoanedGross_18D7374100DE5FDC94AD44F2A271378C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SecuritiesLoaned_70F260DB05CB1035E195E8FE6B096392_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesLoaned_A792244D741258838C1387B2443ADB5D" 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_70F260DB05CB1035E195E8FE6B096392_label_en-US" xlink:label="lab_us-gaap_SecuritiesLoaned_A792244D741258838C1387B2443ADB5D" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuritiesLoaned" xlink:label="loc_us-gaap_SecuritiesLoaned_A792244D741258838C1387B2443ADB5D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SecuritiesLoanedNotOffsetPolicyElectionDeduction_61AAC3983B2E230032ECE8FE6B091B35_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesLoanedNotOffsetPolicyElectionDeduction_ADCABB51DAAB5692AAB12D86EDDDA1CF" 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_61AAC3983B2E230032ECE8FE6B091B35_label_en-US" xlink:label="lab_us-gaap_SecuritiesLoanedNotOffsetPolicyElectionDeduction_ADCABB51DAAB5692AAB12D86EDDDA1CF" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuritiesLoanedNotOffsetPolicyElectionDeduction" xlink:label="loc_us-gaap_SecuritiesLoanedNotOffsetPolicyElectionDeduction_ADCABB51DAAB5692AAB12D86EDDDA1CF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuritiesLoanedNotOffsetPolicyElectionDeduction_ADCABB51DAAB5692AAB12D86EDDDA1CF" xlink:to="lab_us-gaap_SecuritiesLoanedNotOffsetPolicyElectionDeduction_ADCABB51DAAB5692AAB12D86EDDDA1CF" xlink:type="arc"/>
<link:label id="lab_us-gaap_SecuritiesLoanedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_630ADB39C1ED151203DAE8FE6B095300_totalLabel_en-US" xlink:label="lab_us-gaap_SecuritiesLoanedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_6BA61AC4D23B5EE28EA61AA07C5BB322" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Securities lending, Net amount </link:label>
<link:label id="lab_us-gaap_SecuritiesLoanedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_630ADB39C1ED151203DAE8FE6B095300_label_en-US" xlink:label="lab_us-gaap_SecuritiesLoanedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_6BA61AC4D23B5EE28EA61AA07C5BB322" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Loaned, 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuritiesLoanedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection" xlink:label="loc_us-gaap_SecuritiesLoanedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_6BA61AC4D23B5EE28EA61AA07C5BB322" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuritiesLoanedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_6BA61AC4D23B5EE28EA61AA07C5BB322" xlink:to="lab_us-gaap_SecuritiesLoanedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_6BA61AC4D23B5EE28EA61AA07C5BB322" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross_D632FFFB98045FF260E1E8FE6B09FA10_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross_A057D324D3155994844C9CA9ED6D384B" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total, Gross liabilities recognized </link:label>
<link:label id="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross_D632FFFB98045FF260E1E8FE6B09FA10_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross_A057D324D3155994844C9CA9ED6D384B" 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, Gross </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross" xlink:label="loc_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross_A057D324D3155994844C9CA9ED6D384B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross_A057D324D3155994844C9CA9ED6D384B" xlink:to="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross_A057D324D3155994844C9CA9ED6D384B" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset_ABB065AB43C068BEBA2AE8FE6B098128_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset_3AB1FBFE55055C668C8EF99C83D5ACF3" 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>
<link:label id="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset_ABB065AB43C068BEBA2AE8FE6B098128_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset_3AB1FBFE55055C668C8EF99C83D5ACF3" 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, Asset </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset" xlink:label="loc_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset_3AB1FBFE55055C668C8EF99C83D5ACF3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset_3AB1FBFE55055C668C8EF99C83D5ACF3" xlink:to="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset_3AB1FBFE55055C668C8EF99C83D5ACF3" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned_A306992583FC5E6A7635E8FE6B09CA64_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned_E6C3A0DF41715EBEBF0EE22CE43C70E4" 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_A306992583FC5E6A7635E8FE6B09CA64_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned_E6C3A0DF41715EBEBF0EE22CE43C70E4" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned" xlink:label="loc_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned_E6C3A0DF41715EBEBF0EE22CE43C70E4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedNotOffsetPolicyElectionDeduction_553357DAA20C4FA0F4F7E8FE6B09D2ED_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedNotOffsetPolicyElectionDeduction_F53ACEC5A69B58509B57F2BB3AF31BCA" 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_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedNotOffsetPolicyElectionDeduction_553357DAA20C4FA0F4F7E8FE6B09D2ED_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedNotOffsetPolicyElectionDeduction_F53ACEC5A69B58509B57F2BB3AF31BCA" 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>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedNotOffsetPolicyElectionDeduction" xlink:label="loc_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedNotOffsetPolicyElectionDeduction_F53ACEC5A69B58509B57F2BB3AF31BCA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedNotOffsetPolicyElectionDeduction_F53ACEC5A69B58509B57F2BB3AF31BCA" xlink:to="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedNotOffsetPolicyElectionDeduction_F53ACEC5A69B58509B57F2BB3AF31BCA" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities_D089BA35DE61D5A85FE5E8FE6B09F66B_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities_68E4E5143750509D9347CC8FB26B9A6F" 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_D089BA35DE61D5A85FE5E8FE6B09F66B_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities_68E4E5143750509D9347CC8FB26B9A6F" 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_AccumulatedTranslationAdjustmentMember_D4F28070B6EB0D61BE0677118D4B432A_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedTranslationAdjustmentMember_D4F28070B6EB0D61BE0677118D4B432A" 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_D4F28070B6EB0D61BE0677118D4B432A_label_en-US" xlink:label="lab_us-gaap_AccumulatedTranslationAdjustmentMember_D4F28070B6EB0D61BE0677118D4B432A" 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>
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<link:label id="lab_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember_0E1896E36CEA5EE7FAA977118D4C3B90_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember_0E1896E36CEA5EE7FAA977118D4C3B90" 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_0E1896E36CEA5EE7FAA977118D4C3B90_label_en-US" xlink:label="lab_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember_0E1896E36CEA5EE7FAA977118D4C3B90" 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>
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<link:label id="lab_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_A83795CF67338418CA0D77118D4D536F_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_A83795CF67338418CA0D77118D4D536F" 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_A83795CF67338418CA0D77118D4D536F_label_en-US" xlink:label="lab_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_A83795CF67338418CA0D77118D4D536F" 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_63B16CC940A143DF4C6B77118D4D3BF7_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember_63B16CC940A143DF4C6B77118D4D3BF7" 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_E18EBA762DFD6AAE092977118D4DB251_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_E18EBA762DFD6AAE092977118D4DB251" 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_PensionPlansDefinedBenefitMember_E8D4E0C97CA0B788C94A77118D4DA47C_terseLabel_en-US" xlink:label="lab_us-gaap_PensionPlansDefinedBenefitMember_E8D4E0C97CA0B788C94A77118D4DA47C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pensions </link:label>
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<link:label id="lab_us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember_40F48183F2389DDCC54777118D4DC17B_terseLabel_en-US" xlink:label="lab_us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember_40F48183F2389DDCC54777118D4DC17B" 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_AOCIAttributableToParentNetOfTaxRollForward_01BF8558AEED0795B45E77118D4D71CC_terseLabel_en-US" xlink:label="lab_us-gaap_AOCIAttributableToParentNetOfTaxRollForward_01BF8558AEED0795B45E77118D4D71CC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> AOCI Attributable to Parent, Net of Tax [Roll Forward] </link:label>
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<link:label id="lab_bk_InvestmentsUnrealizedLossPositionTable_1F1BC0352BE416775410698628A3E75D_terseLabel_en-US" xlink:label="lab_bk_InvestmentsUnrealizedLossPositionTable_1F1BC0352BE416775410698628A3E75D" 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_SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5BC5A98A9848D46E96AF698628A4E301_terseLabel_en-US" xlink:label="lab_bk_SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5BC5A98A9848D46E96AF698628A4E301" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Less than 12 months Fair value </link:label>
<link:label id="lab_bk_SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5BC5A98A9848D46E96AF698628A4E301_label_en-US" xlink:label="lab_bk_SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5BC5A98A9848D46E96AF698628A4E301" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value </link:label>
<link:label id="lab_bk_SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5BC5A98A9848D46E96AF698628A4E301_documentation_en-US" xlink:label="lab_bk_SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5BC5A98A9848D46E96AF698628A4E301" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" xlink:label="loc_bk_SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5BC5A98A9848D46E96AF698628A4E301" xlink:type="locator"/>
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<link:label id="lab_bk_SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsAggregateLoss_C6DDCA1B8E8FDD30D1EB698628A447DE_terseLabel_en-US" xlink:label="lab_bk_SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsAggregateLoss_C6DDCA1B8E8FDD30D1EB698628A447DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Less than 12 months Unrealized losses </link:label>
<link:label id="lab_bk_SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsAggregateLoss_C6DDCA1B8E8FDD30D1EB698628A447DE_label_en-US" xlink:label="lab_bk_SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsAggregateLoss_C6DDCA1B8E8FDD30D1EB698628A447DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Securities Continuous Unrealized Loss Position Less Than Twelve Months Aggregate Loss </link:label>
<link:label id="lab_bk_SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsAggregateLoss_C6DDCA1B8E8FDD30D1EB698628A447DE_documentation_en-US" xlink:label="lab_bk_SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsAggregateLoss_C6DDCA1B8E8FDD30D1EB698628A447DE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Aggregate Loss </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsAggregateLoss" xlink:label="loc_bk_SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsAggregateLoss_C6DDCA1B8E8FDD30D1EB698628A447DE" xlink:type="locator"/>
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<link:label id="lab_bk_SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_1669B6A0E8B6ABD9E612698628A4E997_terseLabel_en-US" xlink:label="lab_bk_SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_1669B6A0E8B6ABD9E612698628A4E997" 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_1669B6A0E8B6ABD9E612698628A4E997_label_en-US" xlink:label="lab_bk_SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_1669B6A0E8B6ABD9E612698628A4E997" 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_1669B6A0E8B6ABD9E612698628A4E997_documentation_en-US" xlink:label="lab_bk_SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_1669B6A0E8B6ABD9E612698628A4E997" 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>
<link:loc xlink:href="bk-20161231.xsd#bk_SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" xlink:label="loc_bk_SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_1669B6A0E8B6ABD9E612698628A4E997" xlink:type="locator"/>
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<link:label id="lab_bk_SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLoss_3231396C09F0A90BF16B698628A42C01_terseLabel_en-US" xlink:label="lab_bk_SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLoss_3231396C09F0A90BF16B698628A42C01" 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_3231396C09F0A90BF16B698628A42C01_label_en-US" xlink:label="lab_bk_SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLoss_3231396C09F0A90BF16B698628A42C01" 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_3231396C09F0A90BF16B698628A42C01_documentation_en-US" xlink:label="lab_bk_SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLoss_3231396C09F0A90BF16B698628A42C01" 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>
<link:loc xlink:href="bk-20161231.xsd#bk_SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLoss" xlink:label="loc_bk_SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLoss_3231396C09F0A90BF16B698628A42C01" xlink:type="locator"/>
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<link:label id="lab_bk_SecuritiesContinuousUnrealizedLossPositionFairValue_FD4BB6478A3B636BD21F698628A44621_totalLabel_en-US" xlink:label="lab_bk_SecuritiesContinuousUnrealizedLossPositionFairValue_FD4BB6478A3B636BD21F698628A44621" 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_FD4BB6478A3B636BD21F698628A44621_label_en-US" xlink:label="lab_bk_SecuritiesContinuousUnrealizedLossPositionFairValue_FD4BB6478A3B636BD21F698628A44621" 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_FD4BB6478A3B636BD21F698628A44621_documentation_en-US" xlink:label="lab_bk_SecuritiesContinuousUnrealizedLossPositionFairValue_FD4BB6478A3B636BD21F698628A44621" 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-20161231.xsd#bk_SecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="loc_bk_SecuritiesContinuousUnrealizedLossPositionFairValue_FD4BB6478A3B636BD21F698628A44621" xlink:type="locator"/>
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<link:label id="lab_bk_SecuritiesGrossUnrealizedLosses_59875E640D49F1014D99698628A43518_totalLabel_en-US" xlink:label="lab_bk_SecuritiesGrossUnrealizedLosses_59875E640D49F1014D99698628A43518" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total Unrealized losses </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_SecuritiesGrossUnrealizedLosses" xlink:label="loc_bk_SecuritiesGrossUnrealizedLosses_59875E640D49F1014D99698628A43518" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SecuritiesGrossUnrealizedLosses_59875E640D49F1014D99698628A43518" xlink:to="lab_bk_SecuritiesGrossUnrealizedLosses_59875E640D49F1014D99698628A43518" xlink:type="arc"/>
<link:label id="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesGreaterThanTwelveMonths_84A7C52F0B86E36DE52D698628A4AC2D_terseLabel_en-US" xlink:label="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesGreaterThanTwelveMonths_84A7C52F0B86E36DE52D698628A4AC2D" 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_84A7C52F0B86E36DE52D698628A4AC2D_label_en-US" xlink:label="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesGreaterThanTwelveMonths_84A7C52F0B86E36DE52D698628A4AC2D" 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_84A7C52F0B86E36DE52D698628A4AC2D_documentation_en-US" xlink:label="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesGreaterThanTwelveMonths_84A7C52F0B86E36DE52D698628A4AC2D" 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-20161231.xsd#bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesGreaterThanTwelveMonths" xlink:label="loc_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesGreaterThanTwelveMonths_84A7C52F0B86E36DE52D698628A4AC2D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesGreaterThanTwelveMonths_84A7C52F0B86E36DE52D698628A4AC2D" xlink:to="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesGreaterThanTwelveMonths_84A7C52F0B86E36DE52D698628A4AC2D" xlink:type="arc"/>
<link:label id="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesLessthanTwelveMonths_C970A34E124B8B8241BB698628A48649_terseLabel_en-US" xlink:label="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesLessthanTwelveMonths_C970A34E124B8B8241BB698628A48649" 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_C970A34E124B8B8241BB698628A48649_label_en-US" xlink:label="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesLessthanTwelveMonths_C970A34E124B8B8241BB698628A48649" 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_C970A34E124B8B8241BB698628A48649_documentation_en-US" xlink:label="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesLessthanTwelveMonths_C970A34E124B8B8241BB698628A48649" 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-20161231.xsd#bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesLessthanTwelveMonths" xlink:label="loc_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesLessthanTwelveMonths_C970A34E124B8B8241BB698628A48649" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesLessthanTwelveMonths_C970A34E124B8B8241BB698628A48649" xlink:to="lab_bk_AccumulatedOtherComprehensiveIncomeTransfersFromAvailableForSaleToHeldToMaturitySecuritiesGrossUnrealizedLossesLessthanTwelveMonths_C970A34E124B8B8241BB698628A48649" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_D08300A0D1B2CE130EA4714876187665_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_D08300A0D1B2CE130EA4714876187665" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Shares subject to option </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_D08300A0D1B2CE130EA4714876187665_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_D08300A0D1B2CE130EA4714876187665" 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 [Roll Forward] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_D08300A0D1B2CE130EA4714876187665" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_D08300A0D1B2CE130EA4714876187665" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_D08300A0D1B2CE130EA4714876187665" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_CB596DE9207C74FEA69B714876180CE7_periodStartLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_CB596DE9207C74FEA69B714876180CE7" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Beginning Balance (shares) </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_CB596DE9207C74FEA69B714876180CE7_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_CB596DE9207C74FEA69B714876180CE7" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_CB596DE9207C74FEA69B714876180CE7" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_294E998FB8DAAD664CCB714876180509_negatedLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_294E998FB8DAAD664CCB714876180509" 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_294E998FB8DAAD664CCB714876180509_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_294E998FB8DAAD664CCB714876180509" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_294E998FB8DAAD664CCB714876180509" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_6F468999C35AB7213F867148761885B8_negatedLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_6F468999C35AB7213F867148761885B8" 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_6F468999C35AB7213F867148761885B8_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_6F468999C35AB7213F867148761885B8" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_6F468999C35AB7213F867148761885B8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_6F468999C35AB7213F867148761885B8" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_6F468999C35AB7213F867148761885B8" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_822045836C7767E805DD71487618FC1C_periodEndLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_822045836C7767E805DD71487618FC1C" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_822045836C7767E805DD71487618FC1C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_822045836C7767E805DD71487618FC1C" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_822045836C7767E805DD71487618FC1C" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber_42D0EC2C813DABF511B7714876184820_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber_42D0EC2C813DABF511B7714876184820" 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_42D0EC2C813DABF511B7714876184820_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber_42D0EC2C813DABF511B7714876184820" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber_42D0EC2C813DABF511B7714876184820" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber_42D0EC2C813DABF511B7714876184820" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber_42D0EC2C813DABF511B7714876184820" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_04F553A85F1E61DCFE22714876183459_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_04F553A85F1E61DCFE22714876183459" 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_04F553A85F1E61DCFE22714876183459_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_04F553A85F1E61DCFE22714876183459" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_04F553A85F1E61DCFE22714876183459" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_04F553A85F1E61DCFE22714876183459" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_04F553A85F1E61DCFE22714876183459" xlink:type="arc"/>
<link:label id="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageExercisePriceRollForward_5475C52C42C9E7D77C04714876180D14_terseLabel_en-US" xlink:label="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageExercisePriceRollForward_5475C52C42C9E7D77C04714876180D14" 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_5475C52C42C9E7D77C04714876180D14_label_en-US" xlink:label="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageExercisePriceRollForward_5475C52C42C9E7D77C04714876180D14" 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_5475C52C42C9E7D77C04714876180D14_documentation_en-US" xlink:label="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageExercisePriceRollForward_5475C52C42C9E7D77C04714876180D14" 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-20161231.xsd#bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageExercisePriceRollForward" xlink:label="loc_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageExercisePriceRollForward_5475C52C42C9E7D77C04714876180D14" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageExercisePriceRollForward_5475C52C42C9E7D77C04714876180D14" xlink:to="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageExercisePriceRollForward_5475C52C42C9E7D77C04714876180D14" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_8106A92E7109A7FB7F01714876187088_periodStartLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_8106A92E7109A7FB7F01714876187088" 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_8106A92E7109A7FB7F01714876187088_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_8106A92E7109A7FB7F01714876187088" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_8106A92E7109A7FB7F01714876187088" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_8106A92E7109A7FB7F01714876187088" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_8106A92E7109A7FB7F01714876187088" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_DECAC6B0CEE1FA0C5761714876186D08_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_DECAC6B0CEE1FA0C5761714876186D08" 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_DECAC6B0CEE1FA0C5761714876186D08_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_DECAC6B0CEE1FA0C5761714876186D08" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_DECAC6B0CEE1FA0C5761714876186D08" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_DECAC6B0CEE1FA0C5761714876186D08" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_DECAC6B0CEE1FA0C5761714876186D08" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_31776EE4F96F53DD6FB571487618A9D5_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_31776EE4F96F53DD6FB571487618A9D5" 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_31776EE4F96F53DD6FB571487618A9D5_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_31776EE4F96F53DD6FB571487618A9D5" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_31776EE4F96F53DD6FB571487618A9D5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_31776EE4F96F53DD6FB571487618A9D5" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_31776EE4F96F53DD6FB571487618A9D5" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_BAF53C90871EF0152CF5714876182DBF_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_BAF53C90871EF0152CF5714876182DBF" 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_BAF53C90871EF0152CF5714876182DBF_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_BAF53C90871EF0152CF5714876182DBF" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_BAF53C90871EF0152CF5714876182DBF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_BAF53C90871EF0152CF5714876182DBF" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_BAF53C90871EF0152CF5714876182DBF" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_A83B7BCB0227A9D6E2DC7148761891EA_periodEndLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_A83B7BCB0227A9D6E2DC7148761891EA" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_A83B7BCB0227A9D6E2DC7148761891EA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_A83B7BCB0227A9D6E2DC7148761891EA" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_A83B7BCB0227A9D6E2DC7148761891EA" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice_B968F19A1CB24AAD00B671487618ADC3_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice_B968F19A1CB24AAD00B671487618ADC3" 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>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice_B968F19A1CB24AAD00B671487618ADC3_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice_B968F19A1CB24AAD00B671487618ADC3" 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, Weighted Average Exercise Price </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice_B968F19A1CB24AAD00B671487618ADC3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice_B968F19A1CB24AAD00B671487618ADC3" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice_B968F19A1CB24AAD00B671487618ADC3" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_6864E3EFA8DE7C77D6B5714876187868_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_6864E3EFA8DE7C77D6B5714876187868" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Exercisable (usd per share) </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_6864E3EFA8DE7C77D6B5714876187868_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_6864E3EFA8DE7C77D6B5714876187868" 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, Weighted Average Exercise Price </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_6864E3EFA8DE7C77D6B5714876187868" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_6864E3EFA8DE7C77D6B5714876187868" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_6864E3EFA8DE7C77D6B5714876187868" xlink:type="arc"/>
<link:label id="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageRemainingContractualTermRollForward_B134391462BEE7A9BF1771487618C614_terseLabel_en-US" xlink:label="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageRemainingContractualTermRollForward_B134391462BEE7A9BF1771487618C614" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Weighted-average remaining contractual term (in years) </link:label>
<link:label id="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageRemainingContractualTermRollForward_B134391462BEE7A9BF1771487618C614_label_en-US" xlink:label="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageRemainingContractualTermRollForward_B134391462BEE7A9BF1771487618C614" 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 Remaining Contractual Term [Roll Forward] </link:label>
<link:label id="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageRemainingContractualTermRollForward_B134391462BEE7A9BF1771487618C614_documentation_en-US" xlink:label="lab_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageRemainingContractualTermRollForward_B134391462BEE7A9BF1771487618C614" 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 Remaining Contractual Term [Roll Forward] </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageRemainingContractualTermRollForward" xlink:label="loc_bk_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageRemainingContractualTermRollForward_B134391462BEE7A9BF1771487618C614" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_87745BA0B53348F513DE3EA1017699C5_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_87745BA0B53348F513DE3EA1017699C5" 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_87745BA0B53348F513DE3EA1017699C5_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_87745BA0B53348F513DE3EA1017699C5" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs" xlink:label="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_87745BA0B53348F513DE3EA1017699C5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_87745BA0B53348F513DE3EA1017699C5" xlink:to="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs_87745BA0B53348F513DE3EA1017699C5" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery_3B0AFA9F47AF3A0235C63EA101771B80_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery_3B0AFA9F47AF3A0235C63EA101771B80" 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_3B0AFA9F47AF3A0235C63EA101771B80_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery_3B0AFA9F47AF3A0235C63EA101771B80" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery" xlink:label="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery_3B0AFA9F47AF3A0235C63EA101771B80" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery_3B0AFA9F47AF3A0235C63EA101771B80" xlink:to="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery_3B0AFA9F47AF3A0235C63EA101771B80" xlink:type="arc"/>
<link:label id="lab_bk_FinancingReceivableAllowanceForCreditLossesNetChargeOffs_9BC8887F4BBEDD925D3D3EA1017769B9_negatedTotalLabel_en-US" xlink:label="lab_bk_FinancingReceivableAllowanceForCreditLossesNetChargeOffs_9BC8887F4BBEDD925D3D3EA1017769B9" 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_9BC8887F4BBEDD925D3D3EA1017769B9_label_en-US" xlink:label="lab_bk_FinancingReceivableAllowanceForCreditLossesNetChargeOffs_9BC8887F4BBEDD925D3D3EA1017769B9" 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>
<link:label id="lab_bk_FinancingReceivableAllowanceForCreditLossesNetChargeOffs_9BC8887F4BBEDD925D3D3EA1017769B9_documentation_en-US" xlink:label="lab_bk_FinancingReceivableAllowanceForCreditLossesNetChargeOffs_9BC8887F4BBEDD925D3D3EA1017769B9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Allowance for Credit Losses, Net Charge Offs </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_FinancingReceivableAllowanceForCreditLossesNetChargeOffs" xlink:label="loc_bk_FinancingReceivableAllowanceForCreditLossesNetChargeOffs_9BC8887F4BBEDD925D3D3EA1017769B9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_FinancingReceivableAllowanceForCreditLossesNetChargeOffs_9BC8887F4BBEDD925D3D3EA1017769B9" xlink:to="lab_bk_FinancingReceivableAllowanceForCreditLossesNetChargeOffs_9BC8887F4BBEDD925D3D3EA1017769B9" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLosses_D07A4D123550B687992E3EA101774BB1_periodEndLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLosses_D07A4D123550B687992E3EA101774BB1" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancingReceivableAllowanceForCreditLosses" xlink:label="loc_us-gaap_FinancingReceivableAllowanceForCreditLosses_D07A4D123550B687992E3EA101774BB1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableAllowanceForCreditLosses_D07A4D123550B687992E3EA101774BB1" xlink:to="lab_us-gaap_FinancingReceivableAllowanceForCreditLosses_D07A4D123550B687992E3EA101774BB1" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossAdditionalInformationAbstract_E116B0F9DE73C69FBBE33EA10177D948_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossAdditionalInformationAbstract_E116B0F9DE73C69FBBE33EA10177D948" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Allowance for: </link:label>
<link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossAdditionalInformationAbstract_E116B0F9DE73C69FBBE33EA10177D948_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossAdditionalInformationAbstract_E116B0F9DE73C69FBBE33EA10177D948" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancingReceivableAllowanceForCreditLossAdditionalInformationAbstract" xlink:label="loc_us-gaap_FinancingReceivableAllowanceForCreditLossAdditionalInformationAbstract_E116B0F9DE73C69FBBE33EA10177D948" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableAllowanceForCreditLossAdditionalInformationAbstract_E116B0F9DE73C69FBBE33EA10177D948" xlink:to="lab_us-gaap_FinancingReceivableAllowanceForCreditLossAdditionalInformationAbstract_E116B0F9DE73C69FBBE33EA10177D948" xlink:type="arc"/>
<link:label id="lab_us-gaap_LoansAndLeasesReceivableAllowance_A1D1ACF9634143DE4BEF3EA10177C198_terseLabel_en-US" xlink:label="lab_us-gaap_LoansAndLeasesReceivableAllowance_A1D1ACF9634143DE4BEF3EA10177C198" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loan losses </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansAndLeasesReceivableAllowance" xlink:label="loc_us-gaap_LoansAndLeasesReceivableAllowance_A1D1ACF9634143DE4BEF3EA10177C198" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansAndLeasesReceivableAllowance_A1D1ACF9634143DE4BEF3EA10177C198" xlink:to="lab_us-gaap_LoansAndLeasesReceivableAllowance_A1D1ACF9634143DE4BEF3EA10177C198" xlink:type="arc"/>
<link:label id="lab_bk_FinancingReceivableAllowanceForCreditLossesUnfundedCommitments_C2492B85731DF4DE95023EA101779A93_terseLabel_en-US" xlink:label="lab_bk_FinancingReceivableAllowanceForCreditLossesUnfundedCommitments_C2492B85731DF4DE95023EA101779A93" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Lending-related commitments </link:label>
<link:label id="lab_bk_FinancingReceivableAllowanceForCreditLossesUnfundedCommitments_C2492B85731DF4DE95023EA101779A93_label_en-US" xlink:label="lab_bk_FinancingReceivableAllowanceForCreditLossesUnfundedCommitments_C2492B85731DF4DE95023EA101779A93" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable Allowance For Credit Losses Unfunded Commitments </link:label>
<link:label id="lab_bk_FinancingReceivableAllowanceForCreditLossesUnfundedCommitments_C2492B85731DF4DE95023EA101779A93_documentation_en-US" xlink:label="lab_bk_FinancingReceivableAllowanceForCreditLossesUnfundedCommitments_C2492B85731DF4DE95023EA101779A93" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Allowance for Credit Losses, Unfunded Commitments </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_FinancingReceivableAllowanceForCreditLossesUnfundedCommitments" xlink:label="loc_bk_FinancingReceivableAllowanceForCreditLossesUnfundedCommitments_C2492B85731DF4DE95023EA101779A93" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_FinancingReceivableAllowanceForCreditLossesUnfundedCommitments_C2492B85731DF4DE95023EA101779A93" xlink:to="lab_bk_FinancingReceivableAllowanceForCreditLossesUnfundedCommitments_C2492B85731DF4DE95023EA101779A93" xlink:type="arc"/>
<link:label id="lab_us-gaap_LoanAndLeaseReceivablesImpairedAbstract_EDC4DCE1DEE9E0C6A5A43EA1017888A7_terseLabel_en-US" xlink:label="lab_us-gaap_LoanAndLeaseReceivablesImpairedAbstract_EDC4DCE1DEE9E0C6A5A43EA1017888A7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Individually evaluated for impairment: </link:label>
<link:label id="lab_us-gaap_LoanAndLeaseReceivablesImpairedAbstract_EDC4DCE1DEE9E0C6A5A43EA1017888A7_label_en-US" xlink:label="lab_us-gaap_LoanAndLeaseReceivablesImpairedAbstract_EDC4DCE1DEE9E0C6A5A43EA1017888A7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loan and Lease Receivables, Impaired [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoanAndLeaseReceivablesImpairedAbstract" xlink:label="loc_us-gaap_LoanAndLeaseReceivablesImpairedAbstract_EDC4DCE1DEE9E0C6A5A43EA1017888A7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoanAndLeaseReceivablesImpairedAbstract_EDC4DCE1DEE9E0C6A5A43EA1017888A7" xlink:to="lab_us-gaap_LoanAndLeaseReceivablesImpairedAbstract_EDC4DCE1DEE9E0C6A5A43EA1017888A7" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableIndividuallyEvaluatedForImpairment_0D91BAEB354A698768443EA10178DD51_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableIndividuallyEvaluatedForImpairment_0D91BAEB354A698768443EA10178DD51" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loan balance </link:label>
<link:label id="lab_us-gaap_FinancingReceivableIndividuallyEvaluatedForImpairment_0D91BAEB354A698768443EA10178DD51_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableIndividuallyEvaluatedForImpairment_0D91BAEB354A698768443EA10178DD51" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Individually Evaluated for Impairment </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancingReceivableIndividuallyEvaluatedForImpairment" xlink:label="loc_us-gaap_FinancingReceivableIndividuallyEvaluatedForImpairment_0D91BAEB354A698768443EA10178DD51" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableIndividuallyEvaluatedForImpairment_0D91BAEB354A698768443EA10178DD51" xlink:to="lab_us-gaap_FinancingReceivableIndividuallyEvaluatedForImpairment_0D91BAEB354A698768443EA10178DD51" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1_99C1DA33771E40FA4D4D3EA10178902E_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1_99C1DA33771E40FA4D4D3EA10178902E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Allowance for loan losses </link:label>
<link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1_99C1DA33771E40FA4D4D3EA10178902E_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1_99C1DA33771E40FA4D4D3EA10178902E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1" xlink:label="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1_99C1DA33771E40FA4D4D3EA10178902E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1_99C1DA33771E40FA4D4D3EA10178902E" xlink:to="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1_99C1DA33771E40FA4D4D3EA10178902E" xlink:type="arc"/>
<link:label id="lab_bk_LoansandAllowanceforLoanLossesCollectivelyEvalueatedforImpairmentAbstract_0D47C7D01503045EE2443EA1017827A8_terseLabel_en-US" xlink:label="lab_bk_LoansandAllowanceforLoanLossesCollectivelyEvalueatedforImpairmentAbstract_0D47C7D01503045EE2443EA1017827A8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Collectively evaluated for impairment: </link:label>
<link:label id="lab_bk_LoansandAllowanceforLoanLossesCollectivelyEvalueatedforImpairmentAbstract_0D47C7D01503045EE2443EA1017827A8_label_en-US" xlink:label="lab_bk_LoansandAllowanceforLoanLossesCollectivelyEvalueatedforImpairmentAbstract_0D47C7D01503045EE2443EA1017827A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loans and Allowance for Loan Losses Collectively Evalueated for Impairment [Abstract] </link:label>
<link:label id="lab_bk_LoansandAllowanceforLoanLossesCollectivelyEvalueatedforImpairmentAbstract_0D47C7D01503045EE2443EA1017827A8_documentation_en-US" xlink:label="lab_bk_LoansandAllowanceforLoanLossesCollectivelyEvalueatedforImpairmentAbstract_0D47C7D01503045EE2443EA1017827A8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Loans and Allowance for Loan Losses Collectively Evalueated for Impairment [Abstract] </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_LoansandAllowanceforLoanLossesCollectivelyEvalueatedforImpairmentAbstract" xlink:label="loc_bk_LoansandAllowanceforLoanLossesCollectivelyEvalueatedforImpairmentAbstract_0D47C7D01503045EE2443EA1017827A8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_LoansandAllowanceforLoanLossesCollectivelyEvalueatedforImpairmentAbstract_0D47C7D01503045EE2443EA1017827A8" xlink:to="lab_bk_LoansandAllowanceforLoanLossesCollectivelyEvalueatedforImpairmentAbstract_0D47C7D01503045EE2443EA1017827A8" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableCollectivelyEvaluatedForImpairment_12DF9B62AE5569ED64D23EA101788D48_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableCollectivelyEvaluatedForImpairment_12DF9B62AE5569ED64D23EA101788D48" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loan balance </link:label>
<link:label id="lab_us-gaap_FinancingReceivableCollectivelyEvaluatedForImpairment_12DF9B62AE5569ED64D23EA101788D48_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableCollectivelyEvaluatedForImpairment_12DF9B62AE5569ED64D23EA101788D48" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Collectively Evaluated for Impairment </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancingReceivableCollectivelyEvaluatedForImpairment" xlink:label="loc_us-gaap_FinancingReceivableCollectivelyEvaluatedForImpairment_12DF9B62AE5569ED64D23EA101788D48" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableCollectivelyEvaluatedForImpairment_12DF9B62AE5569ED64D23EA101788D48" xlink:to="lab_us-gaap_FinancingReceivableCollectivelyEvaluatedForImpairment_12DF9B62AE5569ED64D23EA101788D48" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment_95BD4E9F678BEAB1E1FB3EA101786F2E_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment_95BD4E9F678BEAB1E1FB3EA101786F2E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Allowance for loan losses </link:label>
<link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment_95BD4E9F678BEAB1E1FB3EA101786F2E_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment_95BD4E9F678BEAB1E1FB3EA101786F2E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment" xlink:label="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment_95BD4E9F678BEAB1E1FB3EA101786F2E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment_95BD4E9F678BEAB1E1FB3EA101786F2E" xlink:to="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment_95BD4E9F678BEAB1E1FB3EA101786F2E" xlink:type="arc"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_653859ACC1D538C908A47148760DDC20_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_653859ACC1D538C908A47148760DDC20" 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>
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<link:label id="lab_us-gaap_CommonStockDividendsPerShareCashPaid_F03D99B589402354B77F7D1EC756343B_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockDividendsPerShareCashPaid_F03D99B589402354B77F7D1EC756343B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Dividends on common stock, cash paid (dollars per share) </link:label>
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<link:label id="lab_us-gaap_FairValueOptionQuantitativeDisclosuresTextBlock_B14C7927534506C079DD96B7FF73FACB_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueOptionQuantitativeDisclosuresTextBlock_6CA762E75799565FA38382311662D14D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Assets and Liabilities, by Type, of Consolidated Investment Management Funds Recorded at Fair Value </link:label>
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<link:label id="lab_us-gaap_FairValueOptionQualitativeDisclosuresRelatedToElectionTextBlock_0CDF9F0645B3163F53C196B7FF73E33C_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueOptionQualitativeDisclosuresRelatedToElectionTextBlock_8652B814E6DC5A2B83D48A34AE44DCBC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Changes in Fair Value of the Loans and Long-Term Debt and the Location of the Changes </link:label>
<link:label id="lab_us-gaap_FairValueOptionQualitativeDisclosuresRelatedToElectionTextBlock_0CDF9F0645B3163F53C196B7FF73E33C_label_en-US" xlink:label="lab_us-gaap_FairValueOptionQualitativeDisclosuresRelatedToElectionTextBlock_8652B814E6DC5A2B83D48A34AE44DCBC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Option, Qualitative Disclosures Related to Election [Table Text Block] </link:label>
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<link:label id="lab_us-gaap_CashFlowSupplementalDisclosuresTextBlock_B225B82583EB0E65980557D6CB4903F3_terseLabel_en-US" xlink:label="lab_us-gaap_CashFlowSupplementalDisclosuresTextBlock_630FFECAA2FC592EBE0E2B00826DC42E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Supplemental information to the Consolidated Statement of Cash Flows </link:label>
<link:label id="lab_us-gaap_CashFlowSupplementalDisclosuresTextBlock_B225B82583EB0E65980557D6CB4903F3_label_en-US" xlink:label="lab_us-gaap_CashFlowSupplementalDisclosuresTextBlock_630FFECAA2FC592EBE0E2B00826DC42E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash Flow, Supplemental Disclosures [Text Block] </link:label>
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<link:label id="lab_bk_MellonCapitalIIIMember_688C971C142EF748410E77E04DA17C39_terseLabel_en-US" xlink:label="lab_bk_MellonCapitalIIIMember_688C971C142EF748410E77E04DA17C39" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Mellon Capital I I I [Member] </link:label>
<link:label id="lab_bk_MellonCapitalIIIMember_688C971C142EF748410E77E04DA17C39_label_en-US" xlink:label="lab_bk_MellonCapitalIIIMember_688C971C142EF748410E77E04DA17C39" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Mellon Capital I I I [Member] </link:label>
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<link:loc xlink:href="bk-20161231.xsd#bk_MellonCapitalIIIMember" xlink:label="loc_bk_MellonCapitalIIIMember_688C971C142EF748410E77E04DA17C39" xlink:type="locator"/>
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<link:label id="lab_bk_TrustPreferredSecurities_1CCA8C1008F0E007387777E04DA1007D_terseLabel_en-US" xlink:label="lab_bk_TrustPreferredSecurities_1CCA8C1008F0E007387777E04DA1007D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trust-preferred securities issued by the trust </link:label>
<link:label id="lab_bk_TrustPreferredSecurities_1CCA8C1008F0E007387777E04DA1007D_label_en-US" xlink:label="lab_bk_TrustPreferredSecurities_1CCA8C1008F0E007387777E04DA1007D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trust Preferred Securities </link:label>
<link:label id="lab_bk_TrustPreferredSecurities_1CCA8C1008F0E007387777E04DA1007D_documentation_en-US" xlink:label="lab_bk_TrustPreferredSecurities_1CCA8C1008F0E007387777E04DA1007D" 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-20161231.xsd#bk_TrustPreferredSecurities" xlink:label="loc_bk_TrustPreferredSecurities_1CCA8C1008F0E007387777E04DA1007D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_3BC0A093EF3D4B80838B77E04DA151B8_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_3BC0A093EF3D4B80838B77E04DA151B8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest rate </link:label>
<link:label id="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_3BC0A093EF3D4B80838B77E04DA151B8_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_3BC0A093EF3D4B80838B77E04DA151B8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument, Interest Rate, Effective Percentage </link:label>
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<link:label id="lab_us-gaap_AssetsHeldInTrust_F5313E3380074D480EE477E04DA18729_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsHeldInTrust_F5313E3380074D480EE477E04DA18729" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Assets of the trust </link:label>
<link:label id="lab_us-gaap_AssetsHeldInTrust_F5313E3380074D480EE477E04DA18729_label_en-US" xlink:label="lab_us-gaap_AssetsHeldInTrust_F5313E3380074D480EE477E04DA18729" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assets Held-in-trust </link:label>
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<link:label id="lab_us-gaap_DebtConversionOriginalDebtDueDateOfDebtYear_1A0C11C45A750B822BEE77E04DA1C3E3_verboseLabel_en-US" xlink:label="lab_us-gaap_DebtConversionOriginalDebtDueDateOfDebtYear_1A0C11C45A750B822BEE77E04DA1C3E3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Due date </link:label>
<link:label id="lab_us-gaap_DebtConversionOriginalDebtDueDateOfDebtYear_1A0C11C45A750B822BEE77E04DA1C3E3_label_en-US" xlink:label="lab_us-gaap_DebtConversionOriginalDebtDueDateOfDebtYear_1A0C11C45A750B822BEE77E04DA1C3E3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Conversion, Original Debt, Due Date, Year </link:label>
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<link:label id="lab_bk_DebtInstrumentCallDate_075C5FF717FF2D31CD2277E04DA1FAC4_terseLabel_en-US" xlink:label="lab_bk_DebtInstrumentCallDate_075C5FF717FF2D31CD2277E04DA1FAC4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Call date </link:label>
<link:label id="lab_bk_DebtInstrumentCallDate_075C5FF717FF2D31CD2277E04DA1FAC4_label_en-US" xlink:label="lab_bk_DebtInstrumentCallDate_075C5FF717FF2D31CD2277E04DA1FAC4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument Call Date </link:label>
<link:label id="lab_bk_DebtInstrumentCallDate_075C5FF717FF2D31CD2277E04DA1FAC4_documentation_en-US" xlink:label="lab_bk_DebtInstrumentCallDate_075C5FF717FF2D31CD2277E04DA1FAC4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The date, before maturity, on which the issuer can call the outstanding debt instrument for repayment or conversion to equity </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_DebtInstrumentCallDate" xlink:label="loc_bk_DebtInstrumentCallDate_075C5FF717FF2D31CD2277E04DA1FAC4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ForeignCurrencyExchangeRateTranslation1_FD1393147B067514018577E04DA27F9E_label_en-US" xlink:label="lab_us-gaap_ForeignCurrencyExchangeRateTranslation1_FD1393147B067514018577E04DA27F9E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign Currency Exchange Rate, Translation </link:label>
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<link:label id="lab_bk_MELCAPIIIinterestrateadjustmentinbasispoints_1D9EA4AC88D5BF9530F677E04DA1A2FC_terseLabel_en-US" xlink:label="lab_bk_MELCAPIIIinterestrateadjustmentinbasispoints_1D9EA4AC88D5BF9530F677E04DA1A2FC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> MEL CAP III interest rate adjustment in basis points </link:label>
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<link:label id="lab_bk_NoninterestExpenseDisclosureTextBlock_EC4B487F0F27A3ECB56A480FDC94F39A_terseLabel_en-US" xlink:label="lab_bk_NoninterestExpenseDisclosureTextBlock_EC4B487F0F27A3ECB56A480FDC94F39A" 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_NoninterestExpenseDisclosureTextBlock_EC4B487F0F27A3ECB56A480FDC94F39A_label_en-US" xlink:label="lab_bk_NoninterestExpenseDisclosureTextBlock_EC4B487F0F27A3ECB56A480FDC94F39A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noninterest Expense Disclosure [Text Block] </link:label>
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<link:label id="lab_bk_BusinessAcquisitionsandDispositionsAbstract_2CC7CFC65BA75E38C1D68FC22FF313B9_label_en-US" xlink:label="lab_bk_BusinessAcquisitionsandDispositionsAbstract_E347F7994F9E5387914773BFD91451CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Business Acquisitions and Dispositions [Abstract] </link:label>
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<link:label id="lab_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_FACC3B37A94F8163D029F64DA66219DD_terseLabel_en-US" xlink:label="lab_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_FACC3B37A94F8163D029F64DA66219DD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Current taxes: </link:label>
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<link:label id="lab_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_862EFB6CA464EE7687D2F64DA6625C5C_terseLabel_en-US" xlink:label="lab_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_862EFB6CA464EE7687D2F64DA6625C5C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> State and local </link:label>
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<link:label id="lab_us-gaap_CurrentIncomeTaxExpenseBenefit_4728FD94060FED1F5D02F64DA662EC92_totalLabel_en-US" xlink:label="lab_us-gaap_CurrentIncomeTaxExpenseBenefit_4728FD94060FED1F5D02F64DA662EC92" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total current tax expense </link:label>
<link:label id="lab_us-gaap_CurrentIncomeTaxExpenseBenefit_4728FD94060FED1F5D02F64DA662EC92_label_en-US" xlink:label="lab_us-gaap_CurrentIncomeTaxExpenseBenefit_4728FD94060FED1F5D02F64DA662EC92" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Current Income Tax Expense (Benefit) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CurrentIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_CurrentIncomeTaxExpenseBenefit_4728FD94060FED1F5D02F64DA662EC92" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_8E136AB88744556D1C3DF64DA6623170_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_8E136AB88744556D1C3DF64DA6623170" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deferred tax expense (benefit): </link:label>
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<link:label id="lab_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_3407D64EDABDDB4103E0F64DA66217C6_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_3407D64EDABDDB4103E0F64DA66217C6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Federal </link:label>
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<link:label id="lab_bk_RealizedSecuritiesGrossGains_1AAC0B05688F2FD9111C5FAEC6F93CDE_terseLabel_en-US" xlink:label="lab_bk_RealizedSecuritiesGrossGains_1AAC0B05688F2FD9111C5FAEC6F93CDE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Realized gross gains </link:label>
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<link:label id="lab_bk_BankOfNewYorkMellonMember_AD8529F5FA2A59E9D1968191C919AF19_terseLabel_en-US" xlink:label="lab_bk_BankOfNewYorkMellonMember_AD8529F5FA2A59E9D1968191C919AF19" 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_94B26F22B92AE62A4A298191C91A5616_terseLabel_en-US" xlink:label="lab_us-gaap_CreditConcentrationRiskMember_94B26F22B92AE62A4A298191C91A5616" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Credit Risk </link:label>
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<link:loc xlink:href="bk-20161231.xsd#bk_OperationalRiskMember" xlink:label="loc_bk_OperationalRiskMember_AE85ED5AA252E6BFBAD58191C91A7974" xlink:type="locator"/>
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<link:label id="lab_bk_BaselIIITransitionalGuidelinesAxis_F8AB079D39463E33BC238191C91A3F03_terseLabel_en-US" xlink:label="lab_bk_BaselIIITransitionalGuidelinesAxis_F8AB079D39463E33BC238191C91A3F03" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Basel III Transitional Guidelines [Axis] </link:label>
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<link:loc xlink:href="bk-20161231.xsd#bk_BaselIIITransitionalStandardizedApproachMember" xlink:label="loc_bk_BaselIIITransitionalStandardizedApproachMember_769A06A036E6B76F5F678191C91BC857" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_BaselIIITransitionalStandardizedApproachMember_769A06A036E6B76F5F678191C91BC857" xlink:to="lab_bk_BaselIIITransitionalStandardizedApproachMember_769A06A036E6B76F5F678191C91BC857" xlink:type="arc"/>
<link:label id="lab_bk_BaselIIITransitionalAdvancedApproachMember_336AB17351A5285DC4E08191C91BC5B4_terseLabel_en-US" xlink:label="lab_bk_BaselIIITransitionalAdvancedApproachMember_336AB17351A5285DC4E08191C91BC5B4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Basel III Transitional Advanced Approach </link:label>
<link:label id="lab_bk_BaselIIITransitionalAdvancedApproachMember_336AB17351A5285DC4E08191C91BC5B4_label_en-US" xlink:label="lab_bk_BaselIIITransitionalAdvancedApproachMember_336AB17351A5285DC4E08191C91BC5B4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Basel III Transitional Advanced Approach [Member] </link:label>
<link:label id="lab_bk_BaselIIITransitionalAdvancedApproachMember_336AB17351A5285DC4E08191C91BC5B4_documentation_en-US" xlink:label="lab_bk_BaselIIITransitionalAdvancedApproachMember_336AB17351A5285DC4E08191C91BC5B4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Basel III Transitional Advanced Approach [Member] </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_BaselIIITransitionalAdvancedApproachMember" xlink:label="loc_bk_BaselIIITransitionalAdvancedApproachMember_336AB17351A5285DC4E08191C91BC5B4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_BaselIIITransitionalAdvancedApproachMember_336AB17351A5285DC4E08191C91BC5B4" xlink:to="lab_bk_BaselIIITransitionalAdvancedApproachMember_336AB17351A5285DC4E08191C91BC5B4" xlink:type="arc"/>
<link:label id="lab_bk_InvestmentsByTierAxis_D1DF1D3D56DE6E4382CE8191C91BEB9E_terseLabel_en-US" xlink:label="lab_bk_InvestmentsByTierAxis_D1DF1D3D56DE6E4382CE8191C91BEB9E" 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_D1DF1D3D56DE6E4382CE8191C91BEB9E_label_en-US" xlink:label="lab_bk_InvestmentsByTierAxis_D1DF1D3D56DE6E4382CE8191C91BEB9E" 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_D1DF1D3D56DE6E4382CE8191C91BEB9E_documentation_en-US" xlink:label="lab_bk_InvestmentsByTierAxis_D1DF1D3D56DE6E4382CE8191C91BEB9E" 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-20161231.xsd#bk_InvestmentsByTierAxis" xlink:label="loc_bk_InvestmentsByTierAxis_D1DF1D3D56DE6E4382CE8191C91BEB9E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_InvestmentsByTierAxis_D1DF1D3D56DE6E4382CE8191C91BEB9E" xlink:to="lab_bk_InvestmentsByTierAxis_D1DF1D3D56DE6E4382CE8191C91BEB9E" xlink:type="arc"/>
<link:label id="lab_bk_InvestmentsByTierDomain_39E002F5B140C5673B238191C91B3985_terseLabel_en-US" xlink:label="lab_bk_InvestmentsByTierDomain_39E002F5B140C5673B238191C91B3985" 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_39E002F5B140C5673B238191C91B3985_label_en-US" xlink:label="lab_bk_InvestmentsByTierDomain_39E002F5B140C5673B238191C91B3985" 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_39E002F5B140C5673B238191C91B3985_documentation_en-US" xlink:label="lab_bk_InvestmentsByTierDomain_39E002F5B140C5673B238191C91B3985" 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-20161231.xsd#bk_InvestmentsByTierDomain" xlink:label="loc_bk_InvestmentsByTierDomain_39E002F5B140C5673B238191C91B3985" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_InvestmentsByTierDomain_39E002F5B140C5673B238191C91B3985" xlink:to="lab_bk_InvestmentsByTierDomain_39E002F5B140C5673B238191C91B3985" xlink:type="arc"/>
<link:label id="lab_us-gaap_CommonStockMember_F2C49F22AC28B29453DA8191C91B60D2_verboseLabel_en-US" xlink:label="lab_us-gaap_CommonStockMember_F2C49F22AC28B29453DA8191C91B60D2" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockMember" xlink:label="loc_us-gaap_CommonStockMember_F2C49F22AC28B29453DA8191C91B60D2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockMember_F2C49F22AC28B29453DA8191C91B60D2" xlink:to="lab_us-gaap_CommonStockMember_F2C49F22AC28B29453DA8191C91B60D2" xlink:type="arc"/>
<link:label id="lab_bk_IntangibleAssetsMember_8AAAC70BB7FF948E6C3E8191C91B0537_terseLabel_en-US" xlink:label="lab_bk_IntangibleAssetsMember_8AAAC70BB7FF948E6C3E8191C91B0537" 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_IntangibleAssetsMember_8AAAC70BB7FF948E6C3E8191C91B0537_label_en-US" xlink:label="lab_bk_IntangibleAssetsMember_8AAAC70BB7FF948E6C3E8191C91B0537" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Intangible Assets [Member] </link:label>
<link:label id="lab_bk_IntangibleAssetsMember_8AAAC70BB7FF948E6C3E8191C91B0537_documentation_en-US" xlink:label="lab_bk_IntangibleAssetsMember_8AAAC70BB7FF948E6C3E8191C91B0537" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Intangible Assets </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_IntangibleAssetsMember" xlink:label="loc_bk_IntangibleAssetsMember_8AAAC70BB7FF948E6C3E8191C91B0537" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_IntangibleAssetsMember_8AAAC70BB7FF948E6C3E8191C91B0537" xlink:to="lab_bk_IntangibleAssetsMember_8AAAC70BB7FF948E6C3E8191C91B0537" xlink:type="arc"/>
<link:label id="lab_bk_NetPensionFundAssetsMember_F9675F34CBEBE67D4EF68191C91B08EA_terseLabel_en-US" xlink:label="lab_bk_NetPensionFundAssetsMember_F9675F34CBEBE67D4EF68191C91B08EA" 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_NetPensionFundAssetsMember_F9675F34CBEBE67D4EF68191C91B08EA_label_en-US" xlink:label="lab_bk_NetPensionFundAssetsMember_F9675F34CBEBE67D4EF68191C91B08EA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Pension Fund Assets [Member] </link:label>
<link:label id="lab_bk_NetPensionFundAssetsMember_F9675F34CBEBE67D4EF68191C91B08EA_documentation_en-US" xlink:label="lab_bk_NetPensionFundAssetsMember_F9675F34CBEBE67D4EF68191C91B08EA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Net Pension Fund Assets [Member] </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_NetPensionFundAssetsMember" xlink:label="loc_bk_NetPensionFundAssetsMember_F9675F34CBEBE67D4EF68191C91B08EA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_NetPensionFundAssetsMember_F9675F34CBEBE67D4EF68191C91B08EA" xlink:to="lab_bk_NetPensionFundAssetsMember_F9675F34CBEBE67D4EF68191C91B08EA" xlink:type="arc"/>
<link:label id="lab_bk_EquityMethodInvestmentMember_67EDD0EAE66F68F1186B8191C91CA80E_terseLabel_en-US" xlink:label="lab_bk_EquityMethodInvestmentMember_67EDD0EAE66F68F1186B8191C91CA80E" 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_EquityMethodInvestmentMember_67EDD0EAE66F68F1186B8191C91CA80E_label_en-US" xlink:label="lab_bk_EquityMethodInvestmentMember_67EDD0EAE66F68F1186B8191C91CA80E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> EquityMethodInvestment [Member] </link:label>
<link:label id="lab_bk_EquityMethodInvestmentMember_67EDD0EAE66F68F1186B8191C91CA80E_documentation_en-US" xlink:label="lab_bk_EquityMethodInvestmentMember_67EDD0EAE66F68F1186B8191C91CA80E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"/>
<link:loc xlink:href="bk-20161231.xsd#bk_EquityMethodInvestmentMember" xlink:label="loc_bk_EquityMethodInvestmentMember_67EDD0EAE66F68F1186B8191C91CA80E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_EquityMethodInvestmentMember_67EDD0EAE66F68F1186B8191C91CA80E" xlink:to="lab_bk_EquityMethodInvestmentMember_67EDD0EAE66F68F1186B8191C91CA80E" xlink:type="arc"/>
<link:label id="lab_bk_DeferredTaxAssetsMember_DE6132996F8D631F3FD88191C91C2D79_terseLabel_en-US" xlink:label="lab_bk_DeferredTaxAssetsMember_DE6132996F8D631F3FD88191C91C2D79" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deferred Tax Assets [Member] </link:label>
<link:label id="lab_bk_DeferredTaxAssetsMember_DE6132996F8D631F3FD88191C91C2D79_label_en-US" xlink:label="lab_bk_DeferredTaxAssetsMember_DE6132996F8D631F3FD88191C91C2D79" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred Tax Assets [Member] </link:label>
<link:label id="lab_bk_DeferredTaxAssetsMember_DE6132996F8D631F3FD88191C91C2D79_documentation_en-US" xlink:label="lab_bk_DeferredTaxAssetsMember_DE6132996F8D631F3FD88191C91C2D79" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Deferred Tax Assets [Member] </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_DeferredTaxAssetsMember" xlink:label="loc_bk_DeferredTaxAssetsMember_DE6132996F8D631F3FD88191C91C2D79" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_DeferredTaxAssetsMember_DE6132996F8D631F3FD88191C91C2D79" xlink:to="lab_bk_DeferredTaxAssetsMember_DE6132996F8D631F3FD88191C91C2D79" xlink:type="arc"/>
<link:label id="lab_bk_OtherCET1Member_8890078C4E999CAE9D288191C91C1104_terseLabel_en-US" xlink:label="lab_bk_OtherCET1Member_8890078C4E999CAE9D288191C91C1104" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other </link:label>
<link:label id="lab_bk_OtherCET1Member_8890078C4E999CAE9D288191C91C1104_label_en-US" xlink:label="lab_bk_OtherCET1Member_8890078C4E999CAE9D288191C91C1104" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other CET1 [Member] </link:label>
<link:label id="lab_bk_OtherCET1Member_8890078C4E999CAE9D288191C91C1104_documentation_en-US" xlink:label="lab_bk_OtherCET1Member_8890078C4E999CAE9D288191C91C1104" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other CET1 [Member] </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_OtherCET1Member" xlink:label="loc_bk_OtherCET1Member_8890078C4E999CAE9D288191C91C1104" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OtherCET1Member_8890078C4E999CAE9D288191C91C1104" xlink:to="lab_bk_OtherCET1Member_8890078C4E999CAE9D288191C91C1104" xlink:type="arc"/>
<link:label id="lab_bk_TrustPreferredSecuritiesMember_CCEF7DDBEB56022DBDDD8191C91CF679_terseLabel_en-US" xlink:label="lab_bk_TrustPreferredSecuritiesMember_CCEF7DDBEB56022DBDDD8191C91CF679" 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_CCEF7DDBEB56022DBDDD8191C91CF679_label_en-US" xlink:label="lab_bk_TrustPreferredSecuritiesMember_CCEF7DDBEB56022DBDDD8191C91CF679" 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_CCEF7DDBEB56022DBDDD8191C91CF679_documentation_en-US" xlink:label="lab_bk_TrustPreferredSecuritiesMember_CCEF7DDBEB56022DBDDD8191C91CF679" 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-20161231.xsd#bk_TrustPreferredSecuritiesMember" xlink:label="loc_bk_TrustPreferredSecuritiesMember_CCEF7DDBEB56022DBDDD8191C91CF679" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_TrustPreferredSecuritiesMember_CCEF7DDBEB56022DBDDD8191C91CF679" xlink:to="lab_bk_TrustPreferredSecuritiesMember_CCEF7DDBEB56022DBDDD8191C91CF679" xlink:type="arc"/>
<link:label id="lab_bk_DisallowedDeferredTaxAssetsMember_189C000BCE04D3E590B88191C91C6DCA_terseLabel_en-US" xlink:label="lab_bk_DisallowedDeferredTaxAssetsMember_189C000BCE04D3E590B88191C91C6DCA" 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_DisallowedDeferredTaxAssetsMember_189C000BCE04D3E590B88191C91C6DCA_label_en-US" xlink:label="lab_bk_DisallowedDeferredTaxAssetsMember_189C000BCE04D3E590B88191C91C6DCA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disallowed Deferred Tax Assets [Member] </link:label>
<link:label id="lab_bk_DisallowedDeferredTaxAssetsMember_189C000BCE04D3E590B88191C91C6DCA_documentation_en-US" xlink:label="lab_bk_DisallowedDeferredTaxAssetsMember_189C000BCE04D3E590B88191C91C6DCA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Disallowed Deferred Tax Assets [Member] </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_DisallowedDeferredTaxAssetsMember" xlink:label="loc_bk_DisallowedDeferredTaxAssetsMember_189C000BCE04D3E590B88191C91C6DCA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_DisallowedDeferredTaxAssetsMember_189C000BCE04D3E590B88191C91C6DCA" xlink:to="lab_bk_DisallowedDeferredTaxAssetsMember_189C000BCE04D3E590B88191C91C6DCA" xlink:type="arc"/>
<link:label id="lab_us-gaap_SubordinatedDebtMember_2C2FF660B11DD13E916A8191C91CF498_verboseLabel_en-US" xlink:label="lab_us-gaap_SubordinatedDebtMember_2C2FF660B11DD13E916A8191C91CF498" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Subordinated debt </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubordinatedDebtMember" xlink:label="loc_us-gaap_SubordinatedDebtMember_2C2FF660B11DD13E916A8191C91CF498" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubordinatedDebtMember_2C2FF660B11DD13E916A8191C91CF498" xlink:to="lab_us-gaap_SubordinatedDebtMember_2C2FF660B11DD13E916A8191C91CF498" xlink:type="arc"/>
<link:label id="lab_bk_OtherTierOneMember_4CCE3BC1779799CD3F218191C91CEB04_terseLabel_en-US" xlink:label="lab_bk_OtherTierOneMember_4CCE3BC1779799CD3F218191C91CEB04" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other Tier One </link:label>
<link:label id="lab_bk_OtherTierOneMember_4CCE3BC1779799CD3F218191C91CEB04_label_en-US" xlink:label="lab_bk_OtherTierOneMember_4CCE3BC1779799CD3F218191C91CEB04" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Tier One [Member] </link:label>
<link:label id="lab_bk_OtherTierOneMember_4CCE3BC1779799CD3F218191C91CEB04_documentation_en-US" xlink:label="lab_bk_OtherTierOneMember_4CCE3BC1779799CD3F218191C91CEB04" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Tier One [Member] </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_OtherTierOneMember" xlink:label="loc_bk_OtherTierOneMember_4CCE3BC1779799CD3F218191C91CEB04" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_OtherTierOneMember_4CCE3BC1779799CD3F218191C91CEB04" xlink:to="lab_bk_OtherTierOneMember_4CCE3BC1779799CD3F218191C91CEB04" xlink:type="arc"/>
<link:label id="lab_bk_OtherTierTwoMember_8C4C76EE51010C539CEF8191C91D2C5B_terseLabel_en-US" xlink:label="lab_bk_OtherTierTwoMember_8C4C76EE51010C539CEF8191C91D2C5B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other Tier Two </link:label>
<link:label id="lab_bk_OtherTierTwoMember_8C4C76EE51010C539CEF8191C91D2C5B_label_en-US" xlink:label="lab_bk_OtherTierTwoMember_8C4C76EE51010C539CEF8191C91D2C5B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Tier Two [Member] </link:label>
<link:label id="lab_bk_OtherTierTwoMember_8C4C76EE51010C539CEF8191C91D2C5B_documentation_en-US" xlink:label="lab_bk_OtherTierTwoMember_8C4C76EE51010C539CEF8191C91D2C5B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Tier Two [Member] </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_OtherTierTwoMember" xlink:label="loc_bk_OtherTierTwoMember_8C4C76EE51010C539CEF8191C91D2C5B" xlink:type="locator"/>
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<link:label id="lab_bk_CET1RiskBasedCapitaltoRiskWeightedAssets_3D6053E920F7F4B1AD408191C91DD054_terseLabel_en-US" xlink:label="lab_bk_CET1RiskBasedCapitaltoRiskWeightedAssets_3D6053E920F7F4B1AD408191C91DD054" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> CET1 risk based capital to risk weighted assets (percent) </link:label>
<link:label id="lab_bk_CET1RiskBasedCapitaltoRiskWeightedAssets_3D6053E920F7F4B1AD408191C91DD054_label_en-US" xlink:label="lab_bk_CET1RiskBasedCapitaltoRiskWeightedAssets_3D6053E920F7F4B1AD408191C91DD054" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> CET1 Risk Based Capital to Risk Weighted Assets </link:label>
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<link:label id="lab_us-gaap_TierOneRiskBasedCapitalToRiskWeightedAssets_8A8DD1BC3FBD3A4CB1C48191C91D7517_terseLabel_en-US" xlink:label="lab_us-gaap_TierOneRiskBasedCapitalToRiskWeightedAssets_8A8DD1BC3FBD3A4CB1C48191C91D7517" 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>
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<link:label id="lab_us-gaap_TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets_4B69DE81BF1CAC91AEDC8191C91E630E_label_en-US" xlink:label="lab_us-gaap_TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets_4B69DE81BF1CAC91AEDC8191C91E630E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tier One Leverage Capital Required to be Well Capitalized to Average Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets" xlink:label="loc_us-gaap_TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets_4B69DE81BF1CAC91AEDC8191C91E630E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets_2579B8A54596F6AC1C588191C91E4F0C_terseLabel_en-US" xlink:label="lab_us-gaap_TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets_2579B8A54596F6AC1C588191C91E4F0C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Tier 1 leverage capital required for capital adequacy to average assets (percent) </link:label>
<link:label id="lab_us-gaap_TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets_2579B8A54596F6AC1C588191C91E4F0C_label_en-US" xlink:label="lab_us-gaap_TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets_2579B8A54596F6AC1C588191C91E4F0C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tier One Leverage Capital Required for Capital Adequacy to Average Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets" xlink:label="loc_us-gaap_TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets_2579B8A54596F6AC1C588191C91E4F0C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets_2579B8A54596F6AC1C588191C91E4F0C" xlink:to="lab_us-gaap_TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets_2579B8A54596F6AC1C588191C91E4F0C" xlink:type="arc"/>
<link:label id="lab_bk_CET1RiskBasedCapital_3CA69C3D476FDB94CC0D8191C91E9D8C_terseLabel_en-US" xlink:label="lab_bk_CET1RiskBasedCapital_3CA69C3D476FDB94CC0D8191C91E9D8C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total CET1 </link:label>
<link:label id="lab_bk_CET1RiskBasedCapital_3CA69C3D476FDB94CC0D8191C91E9D8C_label_en-US" xlink:label="lab_bk_CET1RiskBasedCapital_3CA69C3D476FDB94CC0D8191C91E9D8C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> CET1 Risk Based Capital </link:label>
<link:label id="lab_bk_CET1RiskBasedCapital_3CA69C3D476FDB94CC0D8191C91E9D8C_documentation_en-US" xlink:label="lab_bk_CET1RiskBasedCapital_3CA69C3D476FDB94CC0D8191C91E9D8C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> CET1 Risk Based Capital </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_CET1RiskBasedCapital" xlink:label="loc_bk_CET1RiskBasedCapital_3CA69C3D476FDB94CC0D8191C91E9D8C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_CET1RiskBasedCapital_3CA69C3D476FDB94CC0D8191C91E9D8C" xlink:to="lab_bk_CET1RiskBasedCapital_3CA69C3D476FDB94CC0D8191C91E9D8C" xlink:type="arc"/>
<link:label id="lab_us-gaap_TierOneRiskBasedCapital_F2F9C115AF82D9AD39658191C91E0F5B_terseLabel_en-US" xlink:label="lab_us-gaap_TierOneRiskBasedCapital_F2F9C115AF82D9AD39658191C91E0F5B" 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_F2F9C115AF82D9AD39658191C91E0F5B_label_en-US" xlink:label="lab_us-gaap_TierOneRiskBasedCapital_F2F9C115AF82D9AD39658191C91E0F5B" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TierOneRiskBasedCapital" xlink:label="loc_us-gaap_TierOneRiskBasedCapital_F2F9C115AF82D9AD39658191C91E0F5B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TierOneRiskBasedCapital_F2F9C115AF82D9AD39658191C91E0F5B" xlink:to="lab_us-gaap_TierOneRiskBasedCapital_F2F9C115AF82D9AD39658191C91E0F5B" xlink:type="arc"/>
<link:label id="lab_us-gaap_TierTwoRiskBasedCapital_DF3E5079BFCB651B1DBC8191C91F8130_terseLabel_en-US" xlink:label="lab_us-gaap_TierTwoRiskBasedCapital_DF3E5079BFCB651B1DBC8191C91F8130" 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_DF3E5079BFCB651B1DBC8191C91F8130_label_en-US" xlink:label="lab_us-gaap_TierTwoRiskBasedCapital_DF3E5079BFCB651B1DBC8191C91F8130" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TierTwoRiskBasedCapital" xlink:label="loc_us-gaap_TierTwoRiskBasedCapital_DF3E5079BFCB651B1DBC8191C91F8130" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TierTwoRiskBasedCapital_DF3E5079BFCB651B1DBC8191C91F8130" xlink:to="lab_us-gaap_TierTwoRiskBasedCapital_DF3E5079BFCB651B1DBC8191C91F8130" xlink:type="arc"/>
<link:label id="lab_bk_TotalRiskBasedCapital_3F109D4653501AE7EA8A8191C91F2E36_terseLabel_en-US" xlink:label="lab_bk_TotalRiskBasedCapital_3F109D4653501AE7EA8A8191C91F2E36" 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_3F109D4653501AE7EA8A8191C91F2E36_label_en-US" xlink:label="lab_bk_TotalRiskBasedCapital_3F109D4653501AE7EA8A8191C91F2E36" 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_3F109D4653501AE7EA8A8191C91F2E36_documentation_en-US" xlink:label="lab_bk_TotalRiskBasedCapital_3F109D4653501AE7EA8A8191C91F2E36" 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-20161231.xsd#bk_TotalRiskBasedCapital" xlink:label="loc_bk_TotalRiskBasedCapital_3F109D4653501AE7EA8A8191C91F2E36" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_TotalRiskBasedCapital_3F109D4653501AE7EA8A8191C91F2E36" xlink:to="lab_bk_TotalRiskBasedCapital_3F109D4653501AE7EA8A8191C91F2E36" xlink:type="arc"/>
<link:label id="lab_us-gaap_RiskWeightedAssets_8C06AD8A399556722ABD8191C91F6468_terseLabel_en-US" xlink:label="lab_us-gaap_RiskWeightedAssets_8C06AD8A399556722ABD8191C91F6468" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Risk-weighted assets </link:label>
<link:label id="lab_us-gaap_RiskWeightedAssets_8C06AD8A399556722ABD8191C91F6468_label_en-US" xlink:label="lab_us-gaap_RiskWeightedAssets_8C06AD8A399556722ABD8191C91F6468" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Risk Weighted Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RiskWeightedAssets" xlink:label="loc_us-gaap_RiskWeightedAssets_8C06AD8A399556722ABD8191C91F6468" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RiskWeightedAssets_8C06AD8A399556722ABD8191C91F6468" xlink:to="lab_us-gaap_RiskWeightedAssets_8C06AD8A399556722ABD8191C91F6468" xlink:type="arc"/>
<link:label id="lab_bk_AdjustedAverageAssets_A890CCAD69436BA5AB4B8191C91FD1CF_terseLabel_en-US" xlink:label="lab_bk_AdjustedAverageAssets_A890CCAD69436BA5AB4B8191C91FD1CF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Average assets for leverage capital purposes </link:label>
<link:label id="lab_bk_AdjustedAverageAssets_A890CCAD69436BA5AB4B8191C91FD1CF_label_en-US" xlink:label="lab_bk_AdjustedAverageAssets_A890CCAD69436BA5AB4B8191C91FD1CF" 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_A890CCAD69436BA5AB4B8191C91FD1CF_documentation_en-US" xlink:label="lab_bk_AdjustedAverageAssets_A890CCAD69436BA5AB4B8191C91FD1CF" 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-20161231.xsd#bk_AdjustedAverageAssets" xlink:label="loc_bk_AdjustedAverageAssets_A890CCAD69436BA5AB4B8191C91FD1CF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_AdjustedAverageAssets_A890CCAD69436BA5AB4B8191C91FD1CF" xlink:to="lab_bk_AdjustedAverageAssets_A890CCAD69436BA5AB4B8191C91FD1CF" xlink:type="arc"/>
<link:label id="lab_bk_ExcessCET1RiskBasedCapitalToBeAdequatelyCapitalized_90594DF73E4959C9B0428191C91FAF51_terseLabel_en-US" xlink:label="lab_bk_ExcessCET1RiskBasedCapitalToBeAdequatelyCapitalized_90594DF73E4959C9B0428191C91FAF51" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Excess CET1 risk based capital to be adequately capitalized </link:label>
<link:label id="lab_bk_ExcessCET1RiskBasedCapitalToBeAdequatelyCapitalized_90594DF73E4959C9B0428191C91FAF51_label_en-US" xlink:label="lab_bk_ExcessCET1RiskBasedCapitalToBeAdequatelyCapitalized_90594DF73E4959C9B0428191C91FAF51" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Excess CET1 Risk Based Capital To Be Adequately Capitalized </link:label>
<link:label id="lab_bk_ExcessCET1RiskBasedCapitalToBeAdequatelyCapitalized_90594DF73E4959C9B0428191C91FAF51_documentation_en-US" xlink:label="lab_bk_ExcessCET1RiskBasedCapitalToBeAdequatelyCapitalized_90594DF73E4959C9B0428191C91FAF51" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Excess CET1 Risk Based Capital To Be Adequately Capitalized </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_ExcessCET1RiskBasedCapitalToBeAdequatelyCapitalized" xlink:label="loc_bk_ExcessCET1RiskBasedCapitalToBeAdequatelyCapitalized_90594DF73E4959C9B0428191C91FAF51" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ExcessCET1RiskBasedCapitalToBeAdequatelyCapitalized_90594DF73E4959C9B0428191C91FAF51" xlink:to="lab_bk_ExcessCET1RiskBasedCapitalToBeAdequatelyCapitalized_90594DF73E4959C9B0428191C91FAF51" xlink:type="arc"/>
<link:label id="lab_bk_ExcessTierOneRiskBasedCapitalToBeWellCapitalized_8474C7BBE88B65A32A948191C91F732A_terseLabel_en-US" xlink:label="lab_bk_ExcessTierOneRiskBasedCapitalToBeWellCapitalized_8474C7BBE88B65A32A948191C91F732A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Excess Tier 1 risk based capital to be well capitalized </link:label>
<link:label id="lab_bk_ExcessTierOneRiskBasedCapitalToBeWellCapitalized_8474C7BBE88B65A32A948191C91F732A_label_en-US" xlink:label="lab_bk_ExcessTierOneRiskBasedCapitalToBeWellCapitalized_8474C7BBE88B65A32A948191C91F732A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Excess Tier One Risk Based Capital To Be Well Capitalized </link:label>
<link:label id="lab_bk_ExcessTierOneRiskBasedCapitalToBeWellCapitalized_8474C7BBE88B65A32A948191C91F732A_documentation_en-US" xlink:label="lab_bk_ExcessTierOneRiskBasedCapitalToBeWellCapitalized_8474C7BBE88B65A32A948191C91F732A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Excess Tier One Risk Based Capital to be Well Capitalized </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_ExcessTierOneRiskBasedCapitalToBeWellCapitalized" xlink:label="loc_bk_ExcessTierOneRiskBasedCapitalToBeWellCapitalized_8474C7BBE88B65A32A948191C91F732A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ExcessTierOneRiskBasedCapitalToBeWellCapitalized_8474C7BBE88B65A32A948191C91F732A" xlink:to="lab_bk_ExcessTierOneRiskBasedCapitalToBeWellCapitalized_8474C7BBE88B65A32A948191C91F732A" xlink:type="arc"/>
<link:label id="lab_bk_ExcessTotalRiskBasedCapitalToBeWellCapitalized_EEBCF30A0126D5C1B7E48191C91F3C22_terseLabel_en-US" xlink:label="lab_bk_ExcessTotalRiskBasedCapitalToBeWellCapitalized_EEBCF30A0126D5C1B7E48191C91F3C22" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Excess total risk based capital to be well capitalized </link:label>
<link:label id="lab_bk_ExcessTotalRiskBasedCapitalToBeWellCapitalized_EEBCF30A0126D5C1B7E48191C91F3C22_label_en-US" xlink:label="lab_bk_ExcessTotalRiskBasedCapitalToBeWellCapitalized_EEBCF30A0126D5C1B7E48191C91F3C22" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Excess Total Risk Based Capital To Be Well Capitalized </link:label>
<link:label id="lab_bk_ExcessTotalRiskBasedCapitalToBeWellCapitalized_EEBCF30A0126D5C1B7E48191C91F3C22_documentation_en-US" xlink:label="lab_bk_ExcessTotalRiskBasedCapitalToBeWellCapitalized_EEBCF30A0126D5C1B7E48191C91F3C22" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Excess Total Risk Based Capital to be Well Capitalized </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_ExcessTotalRiskBasedCapitalToBeWellCapitalized" xlink:label="loc_bk_ExcessTotalRiskBasedCapitalToBeWellCapitalized_EEBCF30A0126D5C1B7E48191C91F3C22" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ExcessTotalRiskBasedCapitalToBeWellCapitalized_EEBCF30A0126D5C1B7E48191C91F3C22" xlink:to="lab_bk_ExcessTotalRiskBasedCapitalToBeWellCapitalized_EEBCF30A0126D5C1B7E48191C91F3C22" xlink:type="arc"/>
<link:label id="lab_bk_ExcessTierOneLeverageCapitalToBeAdequatelyCapitalized_DB30B2724956A4295F978191C91FEB39_terseLabel_en-US" xlink:label="lab_bk_ExcessTierOneLeverageCapitalToBeAdequatelyCapitalized_DB30B2724956A4295F978191C91FEB39" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Excess Tier 1 leverage capital to be adequately capitalized </link:label>
<link:label id="lab_bk_ExcessTierOneLeverageCapitalToBeAdequatelyCapitalized_DB30B2724956A4295F978191C91FEB39_label_en-US" xlink:label="lab_bk_ExcessTierOneLeverageCapitalToBeAdequatelyCapitalized_DB30B2724956A4295F978191C91FEB39" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Excess Tier One Leverage Capital To Be Adequately Capitalized </link:label>
<link:label id="lab_bk_ExcessTierOneLeverageCapitalToBeAdequatelyCapitalized_DB30B2724956A4295F978191C91FEB39_documentation_en-US" xlink:label="lab_bk_ExcessTierOneLeverageCapitalToBeAdequatelyCapitalized_DB30B2724956A4295F978191C91FEB39" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Excess Tier One Leverage Capital To Be Adequately Capitalized </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_ExcessTierOneLeverageCapitalToBeAdequatelyCapitalized" xlink:label="loc_bk_ExcessTierOneLeverageCapitalToBeAdequatelyCapitalized_DB30B2724956A4295F978191C91FEB39" xlink:type="locator"/>
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<link:label id="lab_us-gaap_HeldToMaturitySecuritiesFairValue_7A03C641EC9D066C60EF7D1EC77C6447_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesFairValue_7A03C641EC9D066C60EF7D1EC77C6447" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesFairValue_7A03C641EC9D066C60EF7D1EC77C6447" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HeldToMaturitySecuritiesFairValue_7A03C641EC9D066C60EF7D1EC77C6447" xlink:to="lab_us-gaap_HeldToMaturitySecuritiesFairValue_7A03C641EC9D066C60EF7D1EC77C6447" xlink:type="arc"/>
<link:label id="lab_bk_OtherLiabilitiesAllowanceForLendingRelatedCommitments_8910DDB08BBAE6B104057D1EC77C8960_verboseLabel_en-US" xlink:label="lab_bk_OtherLiabilitiesAllowanceForLendingRelatedCommitments_8910DDB08BBAE6B104057D1EC77C8960" 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-20161231.xsd#bk_OtherLiabilitiesAllowanceForLendingRelatedCommitments" xlink:label="loc_bk_OtherLiabilitiesAllowanceForLendingRelatedCommitments_8910DDB08BBAE6B104057D1EC77C8960" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_36D4612BE6828B6914FF7D1EC77CD96D_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesFairValueDisclosure_36D4612BE6828B6914FF7D1EC77CD96D" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLiabilitiesFairValueDisclosure" xlink:label="loc_us-gaap_OtherLiabilitiesFairValueDisclosure_36D4612BE6828B6914FF7D1EC77CD96D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PreferredStockParOrStatedValuePerShare_52FE2285342D06E0E06B7D1EC77C00E4_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockParOrStatedValuePerShare_52FE2285342D06E0E06B7D1EC77C00E4" 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_52FE2285342D06E0E06B7D1EC77C00E4_label_en-US" xlink:label="lab_us-gaap_PreferredStockParOrStatedValuePerShare_52FE2285342D06E0E06B7D1EC77C00E4" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="loc_us-gaap_PreferredStockParOrStatedValuePerShare_52FE2285342D06E0E06B7D1EC77C00E4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PreferredStockSharesAuthorized_B406F1730C2C5E72436E7D1EC77D86E3_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockSharesAuthorized_B406F1730C2C5E72436E7D1EC77D86E3" 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_B406F1730C2C5E72436E7D1EC77D86E3_label_en-US" xlink:label="lab_us-gaap_PreferredStockSharesAuthorized_B406F1730C2C5E72436E7D1EC77D86E3" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesAuthorized" xlink:label="loc_us-gaap_PreferredStockSharesAuthorized_B406F1730C2C5E72436E7D1EC77D86E3" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PreferredStockSharesIssued_02DCA5F7444AE371EC8B7D1EC77D7F47_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockSharesIssued_02DCA5F7444AE371EC8B7D1EC77D7F47" 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_02DCA5F7444AE371EC8B7D1EC77D7F47_label_en-US" xlink:label="lab_us-gaap_PreferredStockSharesIssued_02DCA5F7444AE371EC8B7D1EC77D7F47" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="loc_us-gaap_PreferredStockSharesIssued_02DCA5F7444AE371EC8B7D1EC77D7F47" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CommonStockParOrStatedValuePerShare_A255784BB2BF735741EF7D1EC77DEB18_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockParOrStatedValuePerShare_A255784BB2BF735741EF7D1EC77DEB18" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common Stock, par value </link:label>
<link:label id="lab_us-gaap_CommonStockParOrStatedValuePerShare_A255784BB2BF735741EF7D1EC77DEB18_label_en-US" xlink:label="lab_us-gaap_CommonStockParOrStatedValuePerShare_A255784BB2BF735741EF7D1EC77DEB18" 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>
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<link:label id="lab_us-gaap_CommonStockSharesAuthorized_8F14DDA2F25144DDEB007D1EC77DB00B_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesAuthorized_8F14DDA2F25144DDEB007D1EC77DB00B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common Stock, authorized </link:label>
<link:label id="lab_us-gaap_CommonStockSharesAuthorized_8F14DDA2F25144DDEB007D1EC77DB00B_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesAuthorized_8F14DDA2F25144DDEB007D1EC77DB00B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Stock, Shares Authorized </link:label>
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<link:label id="lab_us-gaap_CommonStockSharesIssued_5BE6C1B294237381913C7D1EC77DEDCA_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesIssued_5BE6C1B294237381913C7D1EC77DEDCA" 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_5BE6C1B294237381913C7D1EC77DEDCA_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesIssued_5BE6C1B294237381913C7D1EC77DEDCA" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="loc_us-gaap_CommonStockSharesIssued_5BE6C1B294237381913C7D1EC77DEDCA" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TreasuryStockShares_6736EB18B0875D4ADF877D1EC77D1D2F_terseLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockShares_6736EB18B0875D4ADF877D1EC77D1D2F" 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_6736EB18B0875D4ADF877D1EC77D1D2F_label_en-US" xlink:label="lab_us-gaap_TreasuryStockShares_6736EB18B0875D4ADF877D1EC77D1D2F" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="loc_us-gaap_TreasuryStockShares_6736EB18B0875D4ADF877D1EC77D1D2F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_495A2B5A0EA60C0A047B683689E06287_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_495A2B5A0EA60C0A047B683689E06287" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Business Acquisitions, by Acquisition [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_495A2B5A0EA60C0A047B683689E06287_label_en-US" xlink:label="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_495A2B5A0EA60C0A047B683689E06287" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Business Acquisitions, by Acquisition [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="loc_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_495A2B5A0EA60C0A047B683689E06287" xlink:type="locator"/>
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<link:label id="lab_us-gaap_BusinessAcquisitionAxis_55958828F49771AB444E683689E0A738_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAxis_55958828F49771AB444E683689E0A738" 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_55958828F49771AB444E683689E0A738_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAxis_55958828F49771AB444E683689E0A738" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionAxis" xlink:label="loc_us-gaap_BusinessAcquisitionAxis_55958828F49771AB444E683689E0A738" xlink:type="locator"/>
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<link:label id="lab_us-gaap_BusinessAcquisitionAcquireeDomain_BAB11B36DC7B9EA12285683689E0B624_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAcquireeDomain_BAB11B36DC7B9EA12285683689E0B624" 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_BAB11B36DC7B9EA12285683689E0B624_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAcquireeDomain_BAB11B36DC7B9EA12285683689E0B624" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionAcquireeDomain" xlink:label="loc_us-gaap_BusinessAcquisitionAcquireeDomain_BAB11B36DC7B9EA12285683689E0B624" xlink:type="locator"/>
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<link:label id="lab_bk_AthertonLaneAcquisitionMember_4EB802836F521BF8A1A1683689E07C88_terseLabel_en-US" xlink:label="lab_bk_AthertonLaneAcquisitionMember_4EB802836F521BF8A1A1683689E07C88" 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_4EB802836F521BF8A1A1683689E07C88_label_en-US" xlink:label="lab_bk_AthertonLaneAcquisitionMember_4EB802836F521BF8A1A1683689E07C88" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Atherton Lane Acquisition [Member] </link:label>
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<link:label id="lab_bk_CutwaterAssetManagementMember_BF7FF4577AB647BB9AE3683689E05513_terseLabel_en-US" xlink:label="lab_bk_CutwaterAssetManagementMember_BF7FF4577AB647BB9AE3683689E05513" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cutwater Asset Management </link:label>
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<link:label id="lab_bk_HedgeMarkInternationalLLCMember_BD74A88B30138CEDE54F683689E0B15A_terseLabel_en-US" xlink:label="lab_bk_HedgeMarkInternationalLLCMember_BD74A88B30138CEDE54F683689E0B15A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> HedgeMark International, LLC </link:label>
<link:label id="lab_bk_HedgeMarkInternationalLLCMember_BD74A88B30138CEDE54F683689E0B15A_label_en-US" xlink:label="lab_bk_HedgeMarkInternationalLLCMember_BD74A88B30138CEDE54F683689E0B15A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> HedgeMark International, LLC [Member] </link:label>
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<link:label id="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_D436EE26A6A0F2A795BC683689E0FA00_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_D436EE26A6A0F2A795BC683689E0FA00" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Disposal Group Name [Axis] </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_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_D436EE26A6A0F2A795BC683689E0FA00" xlink:to="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_D436EE26A6A0F2A795BC683689E0FA00" xlink:type="arc"/>
<link:label id="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_2581526C64736964F3A2683689E0E75C_terseLabel_en-US" xlink:label="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_2581526C64736964F3A2683689E0E75C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Disposal Groups, Including Discontinued Operations, Name [Domain] </link:label>
<link:label id="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_2581526C64736964F3A2683689E0E75C_label_en-US" xlink:label="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_2581526C64736964F3A2683689E0E75C" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain" xlink:label="loc_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_2581526C64736964F3A2683689E0E75C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_2581526C64736964F3A2683689E0E75C" xlink:to="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_2581526C64736964F3A2683689E0E75C" xlink:type="arc"/>
<link:label id="lab_bk_MeritenInvestmentManagementGmbHMember_F724089683877E325865683689E13E92_terseLabel_en-US" xlink:label="lab_bk_MeritenInvestmentManagementGmbHMember_F724089683877E325865683689E13E92" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Meriten Investment Management GmbH </link:label>
<link:label id="lab_bk_MeritenInvestmentManagementGmbHMember_F724089683877E325865683689E13E92_label_en-US" xlink:label="lab_bk_MeritenInvestmentManagementGmbHMember_F724089683877E325865683689E13E92" 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_F724089683877E325865683689E13E92_documentation_en-US" xlink:label="lab_bk_MeritenInvestmentManagementGmbHMember_F724089683877E325865683689E13E92" 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-20161231.xsd#bk_MeritenInvestmentManagementGmbHMember" xlink:label="loc_bk_MeritenInvestmentManagementGmbHMember_F724089683877E325865683689E13E92" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_MeritenInvestmentManagementGmbHMember_F724089683877E325865683689E13E92" xlink:to="lab_bk_MeritenInvestmentManagementGmbHMember_F724089683877E325865683689E13E92" xlink:type="arc"/>
<link:label id="lab_bk_MexicoCorporateTrustMember_68B1E53E3B72681DC291683689E15ECC_terseLabel_en-US" xlink:label="lab_bk_MexicoCorporateTrustMember_68B1E53E3B72681DC291683689E15ECC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Mexico Corporate Trust </link:label>
<link:label id="lab_bk_MexicoCorporateTrustMember_68B1E53E3B72681DC291683689E15ECC_label_en-US" xlink:label="lab_bk_MexicoCorporateTrustMember_68B1E53E3B72681DC291683689E15ECC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Mexico Corporate Trust [Member] </link:label>
<link:label id="lab_bk_MexicoCorporateTrustMember_68B1E53E3B72681DC291683689E15ECC_documentation_en-US" xlink:label="lab_bk_MexicoCorporateTrustMember_68B1E53E3B72681DC291683689E15ECC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Mexico Corporate Trust [Member] [Member] </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_MexicoCorporateTrustMember" xlink:label="loc_bk_MexicoCorporateTrustMember_68B1E53E3B72681DC291683689E15ECC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_MexicoCorporateTrustMember_68B1E53E3B72681DC291683689E15ECC" xlink:to="lab_bk_MexicoCorporateTrustMember_68B1E53E3B72681DC291683689E15ECC" xlink:type="arc"/>
<link:label id="lab_us-gaap_BusinessAcquisitionLineItems_FFF9390CD381535B7E2E683689E1CD6D_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionLineItems_FFF9390CD381535B7E2E683689E1CD6D" 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_FFF9390CD381535B7E2E683689E1CD6D_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionLineItems_FFF9390CD381535B7E2E683689E1CD6D" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="loc_us-gaap_BusinessAcquisitionLineItems_FFF9390CD381535B7E2E683689E1CD6D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionLineItems_FFF9390CD381535B7E2E683689E1CD6D" xlink:to="lab_us-gaap_BusinessAcquisitionLineItems_FFF9390CD381535B7E2E683689E1CD6D" xlink:type="arc"/>
<link:label id="lab_us-gaap_PaymentsForPreviousAcquisition_F8230650AC61C2D44C2A683689E1B093_terseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForPreviousAcquisition_F8230650AC61C2D44C2A683689E1B093" 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_F8230650AC61C2D44C2A683689E1B093_label_en-US" xlink:label="lab_us-gaap_PaymentsForPreviousAcquisition_F8230650AC61C2D44C2A683689E1B093" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForPreviousAcquisition" xlink:label="loc_us-gaap_PaymentsForPreviousAcquisition_F8230650AC61C2D44C2A683689E1B093" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForPreviousAcquisition_F8230650AC61C2D44C2A683689E1B093" xlink:to="lab_us-gaap_PaymentsForPreviousAcquisition_F8230650AC61C2D44C2A683689E1B093" xlink:type="arc"/>
<link:label id="lab_us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueLow_DB3A48254D75F5DC0C18683689E1FD2D_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueLow_DB3A48254D75F5DC0C18683689E1FD2D" 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_DB3A48254D75F5DC0C18683689E1FD2D_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueLow_DB3A48254D75F5DC0C18683689E1FD2D" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueLow" xlink:label="loc_us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueLow_DB3A48254D75F5DC0C18683689E1FD2D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueLow_DB3A48254D75F5DC0C18683689E1FD2D" xlink:to="lab_us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueLow_DB3A48254D75F5DC0C18683689E1FD2D" xlink:type="arc"/>
<link:label id="lab_us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueHigh_AE047F782EE8AFA22A87683689E1EBAD_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueHigh_AE047F782EE8AFA22A87683689E1EBAD" 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_AE047F782EE8AFA22A87683689E1EBAD_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueHigh_AE047F782EE8AFA22A87683689E1EBAD" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueHigh" xlink:label="loc_us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueHigh_AE047F782EE8AFA22A87683689E1EBAD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueHigh_AE047F782EE8AFA22A87683689E1EBAD" xlink:to="lab_us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueHigh_AE047F782EE8AFA22A87683689E1EBAD" xlink:type="arc"/>
<link:label id="lab_bk_BusinessCombinationContingentConsiderationArrangementsPaymentPeriod_AA9C05F86157A4F184A7683689E1C547_terseLabel_en-US" xlink:label="lab_bk_BusinessCombinationContingentConsiderationArrangementsPaymentPeriod_AA9C05F86157A4F184A7683689E1C547" 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_AA9C05F86157A4F184A7683689E1C547_label_en-US" xlink:label="lab_bk_BusinessCombinationContingentConsiderationArrangementsPaymentPeriod_AA9C05F86157A4F184A7683689E1C547" 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_AA9C05F86157A4F184A7683689E1C547_documentation_en-US" xlink:label="lab_bk_BusinessCombinationContingentConsiderationArrangementsPaymentPeriod_AA9C05F86157A4F184A7683689E1C547" 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-20161231.xsd#bk_BusinessCombinationContingentConsiderationArrangementsPaymentPeriod" xlink:label="loc_bk_BusinessCombinationContingentConsiderationArrangementsPaymentPeriod_AA9C05F86157A4F184A7683689E1C547" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_BusinessCombinationContingentConsiderationArrangementsPaymentPeriod_AA9C05F86157A4F184A7683689E1C547" xlink:to="lab_bk_BusinessCombinationContingentConsiderationArrangementsPaymentPeriod_AA9C05F86157A4F184A7683689E1C547" xlink:type="arc"/>
<link:label id="lab_us-gaap_BusinessAcquisitionDateOfAcquisitionAbstract_BC159345DD5E6FDE0A15683689E14BFE_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionDateOfAcquisitionAbstract_BC159345DD5E6FDE0A15683689E14BFE" 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_BC159345DD5E6FDE0A15683689E14BFE_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionDateOfAcquisitionAbstract_BC159345DD5E6FDE0A15683689E14BFE" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionDateOfAcquisitionAbstract" xlink:label="loc_us-gaap_BusinessAcquisitionDateOfAcquisitionAbstract_BC159345DD5E6FDE0A15683689E14BFE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionDateOfAcquisitionAbstract_BC159345DD5E6FDE0A15683689E14BFE" xlink:to="lab_us-gaap_BusinessAcquisitionDateOfAcquisitionAbstract_BC159345DD5E6FDE0A15683689E14BFE" xlink:type="arc"/>
<link:label id="lab_bk_Businessacquisitionassetsundermanagementacquired_5D37622C22B22D98B624683689E139D7_terseLabel_en-US" xlink:label="lab_bk_Businessacquisitionassetsundermanagementacquired_5D37622C22B22D98B624683689E139D7" 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_5D37622C22B22D98B624683689E139D7_label_en-US" xlink:label="lab_bk_Businessacquisitionassetsundermanagementacquired_5D37622C22B22D98B624683689E139D7" 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_5D37622C22B22D98B624683689E139D7_documentation_en-US" xlink:label="lab_bk_Businessacquisitionassetsundermanagementacquired_5D37622C22B22D98B624683689E139D7" 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-20161231.xsd#bk_Businessacquisitionassetsundermanagementacquired" xlink:label="loc_bk_Businessacquisitionassetsundermanagementacquired_5D37622C22B22D98B624683689E139D7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_Businessacquisitionassetsundermanagementacquired_5D37622C22B22D98B624683689E139D7" xlink:to="lab_bk_Businessacquisitionassetsundermanagementacquired_5D37622C22B22D98B624683689E139D7" xlink:type="arc"/>
<link:label id="lab_bk_NumberofWealthManagementCustomers_A530F6B55A836B09FF18683689E11900_terseLabel_en-US" xlink:label="lab_bk_NumberofWealthManagementCustomers_A530F6B55A836B09FF18683689E11900" 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_NumberofWealthManagementCustomers_A530F6B55A836B09FF18683689E11900_label_en-US" xlink:label="lab_bk_NumberofWealthManagementCustomers_A530F6B55A836B09FF18683689E11900" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Number of Wealth Management Customers </link:label>
<link:label id="lab_bk_NumberofWealthManagementCustomers_A530F6B55A836B09FF18683689E11900_documentation_en-US" xlink:label="lab_bk_NumberofWealthManagementCustomers_A530F6B55A836B09FF18683689E11900" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Number of Wealth Management Customers </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_NumberofWealthManagementCustomers" xlink:label="loc_bk_NumberofWealthManagementCustomers_A530F6B55A836B09FF18683689E11900" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_NumberofWealthManagementCustomers_A530F6B55A836B09FF18683689E11900" xlink:to="lab_bk_NumberofWealthManagementCustomers_A530F6B55A836B09FF18683689E11900" xlink:type="arc"/>
<link:label id="lab_us-gaap_PaymentsToAcquireBusinessesGross_851CDBAC3DEB597F45BF683689E195A8_terseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesGross_851CDBAC3DEB597F45BF683689E195A8" 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_851CDBAC3DEB597F45BF683689E195A8_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesGross_851CDBAC3DEB597F45BF683689E195A8" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesGross" xlink:label="loc_us-gaap_PaymentsToAcquireBusinessesGross_851CDBAC3DEB597F45BF683689E195A8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireBusinessesGross_851CDBAC3DEB597F45BF683689E195A8" xlink:to="lab_us-gaap_PaymentsToAcquireBusinessesGross_851CDBAC3DEB597F45BF683689E195A8" xlink:type="arc"/>
<link:label id="lab_bk_Businesscombinationcontingentpayments_5E73CA14CE86DD6C907D683689E125B5_terseLabel_en-US" xlink:label="lab_bk_Businesscombinationcontingentpayments_5E73CA14CE86DD6C907D683689E125B5" 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_5E73CA14CE86DD6C907D683689E125B5_label_en-US" xlink:label="lab_bk_Businesscombinationcontingentpayments_5E73CA14CE86DD6C907D683689E125B5" 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_5E73CA14CE86DD6C907D683689E125B5_documentation_en-US" xlink:label="lab_bk_Businesscombinationcontingentpayments_5E73CA14CE86DD6C907D683689E125B5" 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-20161231.xsd#bk_Businesscombinationcontingentpayments" xlink:label="loc_bk_Businesscombinationcontingentpayments_5E73CA14CE86DD6C907D683689E125B5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_Businesscombinationcontingentpayments_5E73CA14CE86DD6C907D683689E125B5" xlink:to="lab_bk_Businesscombinationcontingentpayments_5E73CA14CE86DD6C907D683689E125B5" xlink:type="arc"/>
<link:label id="lab_us-gaap_GoodwillAcquiredDuringPeriod_3D11FCD17BDAAD271486683689E1EE36_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillAcquiredDuringPeriod_3D11FCD17BDAAD271486683689E1EE36" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill </link:label>
<link:label id="lab_us-gaap_GoodwillAcquiredDuringPeriod_3D11FCD17BDAAD271486683689E1EE36_label_en-US" xlink:label="lab_us-gaap_GoodwillAcquiredDuringPeriod_3D11FCD17BDAAD271486683689E1EE36" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GoodwillAcquiredDuringPeriod" xlink:label="loc_us-gaap_GoodwillAcquiredDuringPeriod_3D11FCD17BDAAD271486683689E1EE36" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillAcquiredDuringPeriod_3D11FCD17BDAAD271486683689E1EE36" xlink:to="lab_us-gaap_GoodwillAcquiredDuringPeriod_3D11FCD17BDAAD271486683689E1EE36" xlink:type="arc"/>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetUsefulLife_5371A731578D8ED2C573683689E17111_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetUsefulLife_5371A731578D8ED2C573683689E17111" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetUsefulLife" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetUsefulLife_5371A731578D8ED2C573683689E17111" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetUsefulLife_5371A731578D8ED2C573683689E17111" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetUsefulLife_5371A731578D8ED2C573683689E17111" xlink:type="arc"/>
<link:label id="lab_us-gaap_FinitelivedIntangibleAssetsAcquired1_A572F2B65A6CAA881BA9683689E111A2_terseLabel_en-US" xlink:label="lab_us-gaap_FinitelivedIntangibleAssetsAcquired1_A572F2B65A6CAA881BA9683689E111A2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Finite-lived intangible assets acquired </link:label>
<link:label id="lab_us-gaap_FinitelivedIntangibleAssetsAcquired1_A572F2B65A6CAA881BA9683689E111A2_label_en-US" xlink:label="lab_us-gaap_FinitelivedIntangibleAssetsAcquired1_A572F2B65A6CAA881BA9683689E111A2" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinitelivedIntangibleAssetsAcquired1" xlink:label="loc_us-gaap_FinitelivedIntangibleAssetsAcquired1_A572F2B65A6CAA881BA9683689E111A2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinitelivedIntangibleAssetsAcquired1_A572F2B65A6CAA881BA9683689E111A2" xlink:to="lab_us-gaap_FinitelivedIntangibleAssetsAcquired1_A572F2B65A6CAA881BA9683689E111A2" xlink:type="arc"/>
<link:label id="lab_us-gaap_MinorityInterestOwnershipPercentageByParent_6C1F1B0EE5414EAF4771683B96D3CE04_terseLabel_en-US" xlink:label="lab_us-gaap_MinorityInterestOwnershipPercentageByParent_6C1F1B0EE5414EAF4771683B96D3CE04" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Remaining percentage of interest acquired </link:label>
<link:label id="lab_us-gaap_MinorityInterestOwnershipPercentageByParent_6C1F1B0EE5414EAF4771683B96D3CE04_label_en-US" xlink:label="lab_us-gaap_MinorityInterestOwnershipPercentageByParent_6C1F1B0EE5414EAF4771683B96D3CE04" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noncontrolling Interest, Ownership Percentage by Parent </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinorityInterestOwnershipPercentageByParent" xlink:label="loc_us-gaap_MinorityInterestOwnershipPercentageByParent_6C1F1B0EE5414EAF4771683B96D3CE04" xlink:type="locator"/>
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<link:label id="lab_bk_Ownershippercentagepriortoacquisition_A57A1FA0792E7DC426A1683689E19B7F_terseLabel_en-US" xlink:label="lab_bk_Ownershippercentagepriortoacquisition_A57A1FA0792E7DC426A1683689E19B7F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Ownership percentage prior to acquisition </link:label>
<link:label id="lab_bk_Ownershippercentagepriortoacquisition_A57A1FA0792E7DC426A1683689E19B7F_label_en-US" xlink:label="lab_bk_Ownershippercentagepriortoacquisition_A57A1FA0792E7DC426A1683689E19B7F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Ownership percentage prior to acquisition </link:label>
<link:label id="lab_bk_Ownershippercentagepriortoacquisition_A57A1FA0792E7DC426A1683689E19B7F_documentation_en-US" xlink:label="lab_bk_Ownershippercentagepriortoacquisition_A57A1FA0792E7DC426A1683689E19B7F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Ownership percentage prior to acquisition </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_Ownershippercentagepriortoacquisition" xlink:label="loc_bk_Ownershippercentagepriortoacquisition_A57A1FA0792E7DC426A1683689E19B7F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_Ownershippercentagepriortoacquisition_A57A1FA0792E7DC426A1683689E19B7F" xlink:to="lab_bk_Ownershippercentagepriortoacquisition_A57A1FA0792E7DC426A1683689E19B7F" xlink:type="arc"/>
<link:label id="lab_us-gaap_GainLossOnDispositionOfAssetsAbstract_5DC5FA7BEF50377B1081683689E128A3_terseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnDispositionOfAssetsAbstract_5DC5FA7BEF50377B1081683689E128A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Dispositions </link:label>
<link:label id="lab_us-gaap_GainLossOnDispositionOfAssetsAbstract_5DC5FA7BEF50377B1081683689E128A3_label_en-US" xlink:label="lab_us-gaap_GainLossOnDispositionOfAssetsAbstract_5DC5FA7BEF50377B1081683689E128A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Gain (Loss) on Disposition of Assets [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnDispositionOfAssetsAbstract" xlink:label="loc_us-gaap_GainLossOnDispositionOfAssetsAbstract_5DC5FA7BEF50377B1081683689E128A3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnDispositionOfAssetsAbstract_5DC5FA7BEF50377B1081683689E128A3" xlink:to="lab_us-gaap_GainLossOnDispositionOfAssetsAbstract_5DC5FA7BEF50377B1081683689E128A3" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromDivestitureOfBusinesses_E7B8C288A5C22E09C247683689E191DB_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromDivestitureOfBusinesses_E7B8C288A5C22E09C247683689E191DB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Sale price </link:label>
<link:label id="lab_us-gaap_ProceedsFromDivestitureOfBusinesses_E7B8C288A5C22E09C247683689E191DB_label_en-US" xlink:label="lab_us-gaap_ProceedsFromDivestitureOfBusinesses_E7B8C288A5C22E09C247683689E191DB" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromDivestitureOfBusinesses" xlink:label="loc_us-gaap_ProceedsFromDivestitureOfBusinesses_E7B8C288A5C22E09C247683689E191DB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromDivestitureOfBusinesses_E7B8C288A5C22E09C247683689E191DB" xlink:to="lab_us-gaap_ProceedsFromDivestitureOfBusinesses_E7B8C288A5C22E09C247683689E191DB" xlink:type="arc"/>
<link:label id="lab_bk_GainLossonDispositionofBusinessNetofTax_0BA11032B042937EA658683689E1756F_terseLabel_en-US" xlink:label="lab_bk_GainLossonDispositionofBusinessNetofTax_0BA11032B042937EA658683689E1756F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> After-tax gain (loss) on sale </link:label>
<link:label id="lab_bk_GainLossonDispositionofBusinessNetofTax_0BA11032B042937EA658683689E1756F_label_en-US" xlink:label="lab_bk_GainLossonDispositionofBusinessNetofTax_0BA11032B042937EA658683689E1756F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Gain (Loss) on Disposition of Business, Net of Tax </link:label>
<link:label id="lab_bk_GainLossonDispositionofBusinessNetofTax_0BA11032B042937EA658683689E1756F_documentation_en-US" xlink:label="lab_bk_GainLossonDispositionofBusinessNetofTax_0BA11032B042937EA658683689E1756F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Gain (Loss) on Disposition of Business, Net of Tax </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_GainLossonDispositionofBusinessNetofTax" xlink:label="loc_bk_GainLossonDispositionofBusinessNetofTax_0BA11032B042937EA658683689E1756F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_GainLossonDispositionofBusinessNetofTax_0BA11032B042937EA658683689E1756F" xlink:to="lab_bk_GainLossonDispositionofBusinessNetofTax_0BA11032B042937EA658683689E1756F" xlink:type="arc"/>
<link:label id="lab_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_D810F99869DE82CD4E32683689E72BD4_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_D810F99869DE82CD4E32683689E72BD4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill written off related to sale of business unit </link:label>
<link:label id="lab_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_D810F99869DE82CD4E32683689E72BD4_label_en-US" xlink:label="lab_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_D810F99869DE82CD4E32683689E72BD4" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit" xlink:label="loc_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_D810F99869DE82CD4E32683689E72BD4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_D810F99869DE82CD4E32683689E72BD4" xlink:to="lab_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_D810F99869DE82CD4E32683689E72BD4" xlink:type="arc"/>
<link:label id="lab_us-gaap_GainLossOnSaleOfBusiness_ABAF707BA1429B0A5B0A683689E7E20B_terseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfBusiness_ABAF707BA1429B0A5B0A683689E7E20B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gain on sale of subsidiary </link:label>
<link:label id="lab_us-gaap_GainLossOnSaleOfBusiness_ABAF707BA1429B0A5B0A683689E7E20B_label_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfBusiness_ABAF707BA1429B0A5B0A683689E7E20B" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnSaleOfBusiness" xlink:label="loc_us-gaap_GainLossOnSaleOfBusiness_ABAF707BA1429B0A5B0A683689E7E20B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnSaleOfBusiness_ABAF707BA1429B0A5B0A683689E7E20B" xlink:to="lab_us-gaap_GainLossOnSaleOfBusiness_ABAF707BA1429B0A5B0A683689E7E20B" xlink:type="arc"/>
<link:label id="lab_us-gaap_IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit_A00EDBF43080642D48C1683689E75875_terseLabel_en-US" xlink:label="lab_us-gaap_IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit_A00EDBF43080642D48C1683689E75875" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Indefinite-lived intangible assets, written off related to sale of business unit </link:label>
<link:label id="lab_us-gaap_IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit_A00EDBF43080642D48C1683689E75875_label_en-US" xlink:label="lab_us-gaap_IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit_A00EDBF43080642D48C1683689E75875" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit" xlink:label="loc_us-gaap_IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit_A00EDBF43080642D48C1683689E75875" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit_A00EDBF43080642D48C1683689E75875" xlink:to="lab_us-gaap_IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit_A00EDBF43080642D48C1683689E75875" xlink:type="arc"/>
<link:label id="lab_us-gaap_ForeignCurrencyTransactionGainLossBeforeTax_5285BA0C71BA6D4421C9BCD4F2ABC556_terseLabel_en-US" xlink:label="lab_us-gaap_ForeignCurrencyTransactionGainLossBeforeTax_5285BA0C71BA6D4421C9BCD4F2ABC556" 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_5285BA0C71BA6D4421C9BCD4F2ABC556_label_en-US" xlink:label="lab_us-gaap_ForeignCurrencyTransactionGainLossBeforeTax_5285BA0C71BA6D4421C9BCD4F2ABC556" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ForeignCurrencyTransactionGainLossBeforeTax" xlink:label="loc_us-gaap_ForeignCurrencyTransactionGainLossBeforeTax_5285BA0C71BA6D4421C9BCD4F2ABC556" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ForeignCurrencyTransactionGainLossBeforeTax_5285BA0C71BA6D4421C9BCD4F2ABC556" xlink:to="lab_us-gaap_ForeignCurrencyTransactionGainLossBeforeTax_5285BA0C71BA6D4421C9BCD4F2ABC556" xlink:type="arc"/>
<link:label id="lab_us-gaap_TradingGainsLosses_C235094B2D6FB63D19DABCD4F2ABA588_terseLabel_en-US" xlink:label="lab_us-gaap_TradingGainsLosses_C235094B2D6FB63D19DABCD4F2ABA588" 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_C235094B2D6FB63D19DABCD4F2ABA588_label_en-US" xlink:label="lab_us-gaap_TradingGainsLosses_C235094B2D6FB63D19DABCD4F2ABA588" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingGainsLosses" xlink:label="loc_us-gaap_TradingGainsLosses_C235094B2D6FB63D19DABCD4F2ABA588" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TradingGainsLosses_C235094B2D6FB63D19DABCD4F2ABA588" xlink:to="lab_us-gaap_TradingGainsLosses_C235094B2D6FB63D19DABCD4F2ABA588" xlink:type="arc"/>
<link:label id="lab_bk_ForeignExchangeAndOtherTradingActivities_A19CFCD65A92FC16E59CBCD4F2ABBAFE_totalLabel_en-US" xlink:label="lab_bk_ForeignExchangeAndOtherTradingActivities_A19CFCD65A92FC16E59CBCD4F2ABBAFE" 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-20161231.xsd#bk_ForeignExchangeAndOtherTradingActivities" xlink:label="loc_bk_ForeignExchangeAndOtherTradingActivities_A19CFCD65A92FC16E59CBCD4F2ABBAFE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_ForeignExchangeAndOtherTradingActivities_A19CFCD65A92FC16E59CBCD4F2ABBAFE" xlink:to="lab_bk_ForeignExchangeAndOtherTradingActivities_A19CFCD65A92FC16E59CBCD4F2ABBAFE" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherAssetsDisclosureTextBlock_C5E188DD0CB8B9053A20952C8C322292_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsDisclosureTextBlock_35D01AEC7A965C7F92E323F624CFEB21" 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_OtherAssetsDisclosureTextBlock_C5E188DD0CB8B9053A20952C8C322292_label_en-US" xlink:label="lab_us-gaap_OtherAssetsDisclosureTextBlock_35D01AEC7A965C7F92E323F624CFEB21" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Assets Disclosure [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssetsDisclosureTextBlock" xlink:label="loc_us-gaap_OtherAssetsDisclosureTextBlock_35D01AEC7A965C7F92E323F624CFEB21" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssetsDisclosureTextBlock_35D01AEC7A965C7F92E323F624CFEB21" xlink:to="lab_us-gaap_OtherAssetsDisclosureTextBlock_35D01AEC7A965C7F92E323F624CFEB21" xlink:type="arc"/>
<link:label id="lab_us-gaap_TransferToOtherRealEstate_FBC0E8AAA0269683334E094DCE59E7C1_terseLabel_en-US" xlink:label="lab_us-gaap_TransferToOtherRealEstate_FBC0E8AAA0269683334E094DCE59E7C1" 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_FBC0E8AAA0269683334E094DCE59E7C1_label_en-US" xlink:label="lab_us-gaap_TransferToOtherRealEstate_FBC0E8AAA0269683334E094DCE59E7C1" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TransferToOtherRealEstate" xlink:label="loc_us-gaap_TransferToOtherRealEstate_FBC0E8AAA0269683334E094DCE59E7C1" xlink:type="locator"/>
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<link:label id="lab_bk_ConsolidatedNoncashAssetsTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_82198A839C8D1EAB63AA094DCE5CF3FF_terseLabel_en-US" xlink:label="lab_bk_ConsolidatedNoncashAssetsTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_82198A839C8D1EAB63AA094DCE5CF3FF" 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_82198A839C8D1EAB63AA094DCE5CF3FF_label_en-US" xlink:label="lab_bk_ConsolidatedNoncashAssetsTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_82198A839C8D1EAB63AA094DCE5CF3FF" 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_82198A839C8D1EAB63AA094DCE5CF3FF_documentation_en-US" xlink:label="lab_bk_ConsolidatedNoncashAssetsTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_82198A839C8D1EAB63AA094DCE5CF3FF" 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>
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<link:label id="lab_bk_ConsolidatedNoncashLiabilitiesTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_994D27B6DEBD9ACD30D5094DCE5C8407_terseLabel_en-US" xlink:label="lab_bk_ConsolidatedNoncashLiabilitiesTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_994D27B6DEBD9ACD30D5094DCE5C8407" 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_994D27B6DEBD9ACD30D5094DCE5C8407_label_en-US" xlink:label="lab_bk_ConsolidatedNoncashLiabilitiesTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_994D27B6DEBD9ACD30D5094DCE5C8407" 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_994D27B6DEBD9ACD30D5094DCE5C8407_documentation_en-US" xlink:label="lab_bk_ConsolidatedNoncashLiabilitiesTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_994D27B6DEBD9ACD30D5094DCE5C8407" 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>
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<link:label id="lab_bk_ConsolidatedNoncashNoncontrollingInterestsTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_D9F91F6B7DD438670ABB094DCE5CBB5A_terseLabel_en-US" xlink:label="lab_bk_ConsolidatedNoncashNoncontrollingInterestsTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_D9F91F6B7DD438670ABB094DCE5CBB5A" 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_D9F91F6B7DD438670ABB094DCE5CBB5A_label_en-US" xlink:label="lab_bk_ConsolidatedNoncashNoncontrollingInterestsTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_D9F91F6B7DD438670ABB094DCE5CBB5A" 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>
<link:label id="lab_bk_ConsolidatedNoncashNoncontrollingInterestsTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_D9F91F6B7DD438670ABB094DCE5CBB5A_documentation_en-US" xlink:label="lab_bk_ConsolidatedNoncashNoncontrollingInterestsTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_D9F91F6B7DD438670ABB094DCE5CBB5A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Noncash non-controlling interests consolidated as a result of adopting new guidance amending the accounting and the consolidation of variable entities. </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_ConsolidatedNoncashNoncontrollingInterestsTransferOfFinancialAssetsConsolidationOfVariableInterestEntities" xlink:label="loc_bk_ConsolidatedNoncashNoncontrollingInterestsTransferOfFinancialAssetsConsolidationOfVariableInterestEntities_D9F91F6B7DD438670ABB094DCE5CBB5A" xlink:type="locator"/>
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<link:label id="lab_bk_SecuritiesNotSettled_84E2C7EF0245BE4E4D11094DCE61DDAC_terseLabel_en-US" xlink:label="lab_bk_SecuritiesNotSettled_84E2C7EF0245BE4E4D11094DCE61DDAC" 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_84E2C7EF0245BE4E4D11094DCE61DDAC_label_en-US" xlink:label="lab_bk_SecuritiesNotSettled_84E2C7EF0245BE4E4D11094DCE61DDAC" 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_84E2C7EF0245BE4E4D11094DCE61DDAC_documentation_en-US" xlink:label="lab_bk_SecuritiesNotSettled_84E2C7EF0245BE4E4D11094DCE61DDAC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Securities Not Settled </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_SecuritiesNotSettled" xlink:label="loc_bk_SecuritiesNotSettled_84E2C7EF0245BE4E4D11094DCE61DDAC" xlink:type="locator"/>
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<link:label id="lab_bk_SecuritiesSalesNotSettled_5D46FA86621B637FEF2B094DCE61E8DB_terseLabel_en-US" xlink:label="lab_bk_SecuritiesSalesNotSettled_5D46FA86621B637FEF2B094DCE61E8DB" 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_5D46FA86621B637FEF2B094DCE61E8DB_label_en-US" xlink:label="lab_bk_SecuritiesSalesNotSettled_5D46FA86621B637FEF2B094DCE61E8DB" 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_5D46FA86621B637FEF2B094DCE61E8DB_documentation_en-US" xlink:label="lab_bk_SecuritiesSalesNotSettled_5D46FA86621B637FEF2B094DCE61E8DB" 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-20161231.xsd#bk_SecuritiesSalesNotSettled" xlink:label="loc_bk_SecuritiesSalesNotSettled_5D46FA86621B637FEF2B094DCE61E8DB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_SecuritiesSalesNotSettled_5D46FA86621B637FEF2B094DCE61E8DB" xlink:to="lab_bk_SecuritiesSalesNotSettled_5D46FA86621B637FEF2B094DCE61E8DB" xlink:type="arc"/>
<link:label id="lab_bk_AvailableforSaleSecuritiesTransferredtoHeldtoMaturity_100DD4141C7D553758A8094DCE62AF16_terseLabel_en-US" xlink:label="lab_bk_AvailableforSaleSecuritiesTransferredtoHeldtoMaturity_100DD4141C7D553758A8094DCE62AF16" 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_100DD4141C7D553758A8094DCE62AF16_label_en-US" xlink:label="lab_bk_AvailableforSaleSecuritiesTransferredtoHeldtoMaturity_100DD4141C7D553758A8094DCE62AF16" 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_100DD4141C7D553758A8094DCE62AF16_documentation_en-US" xlink:label="lab_bk_AvailableforSaleSecuritiesTransferredtoHeldtoMaturity_100DD4141C7D553758A8094DCE62AF16" 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>
<link:loc xlink:href="bk-20161231.xsd#bk_AvailableforSaleSecuritiesTransferredtoHeldtoMaturity" xlink:label="loc_bk_AvailableforSaleSecuritiesTransferredtoHeldtoMaturity_100DD4141C7D553758A8094DCE62AF16" xlink:type="locator"/>
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<link:label id="lab_us-gaap_HeldToMaturitySecuritiesTransferredToAvailableForSaleSecuritiesUnrealizedGainLoss_C6C87D012DE07F8B433D094DCE62C7C8_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesTransferredToAvailableForSaleSecuritiesUnrealizedGainLoss_C6C87D012DE07F8B433D094DCE62C7C8" 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 </link:label>
<link:label id="lab_us-gaap_HeldToMaturitySecuritiesTransferredToAvailableForSaleSecuritiesUnrealizedGainLoss_C6C87D012DE07F8B433D094DCE62C7C8_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesTransferredToAvailableForSaleSecuritiesUnrealizedGainLoss_C6C87D012DE07F8B433D094DCE62C7C8" 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 Securities, Unrealized Gain (Loss) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesTransferredToAvailableForSaleSecuritiesUnrealizedGainLoss" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesTransferredToAvailableForSaleSecuritiesUnrealizedGainLoss_C6C87D012DE07F8B433D094DCE62C7C8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HeldToMaturitySecuritiesTransferredToAvailableForSaleSecuritiesUnrealizedGainLoss_C6C87D012DE07F8B433D094DCE62C7C8" xlink:to="lab_us-gaap_HeldToMaturitySecuritiesTransferredToAvailableForSaleSecuritiesUnrealizedGainLoss_C6C87D012DE07F8B433D094DCE62C7C8" xlink:type="arc"/>
<link:label id="lab_us-gaap_CapitalLeaseObligationsIncurred_3BF350C76F45A3755A63094DCE62FC18_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalLeaseObligationsIncurred_3BF350C76F45A3755A63094DCE62FC18" 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_3BF350C76F45A3755A63094DCE62FC18_label_en-US" xlink:label="lab_us-gaap_CapitalLeaseObligationsIncurred_3BF350C76F45A3755A63094DCE62FC18" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Lease Obligations Incurred </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CapitalLeaseObligationsIncurred" xlink:label="loc_us-gaap_CapitalLeaseObligationsIncurred_3BF350C76F45A3755A63094DCE62FC18" xlink:type="locator"/>
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<link:label id="lab_bk_DerivativeInstrumentsAndHedgingActivitiesDisclosureTable_693534F8D43D42C5804E77E04AF9D1D5_terseLabel_en-US" xlink:label="lab_bk_DerivativeInstrumentsAndHedgingActivitiesDisclosureTable_693534F8D43D42C5804E77E04AF9D1D5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Instruments and Hedging Activities Disclosure [Table] </link:label>
<link:label id="lab_bk_DerivativeInstrumentsAndHedgingActivitiesDisclosureTable_693534F8D43D42C5804E77E04AF9D1D5_label_en-US" xlink:label="lab_bk_DerivativeInstrumentsAndHedgingActivitiesDisclosureTable_693534F8D43D42C5804E77E04AF9D1D5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Instruments And Hedging Activities Disclosure [Table] </link:label>
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<link:loc xlink:href="bk-20161231.xsd#bk_DerivativeInstrumentsAndHedgingActivitiesDisclosureTable" xlink:label="loc_bk_DerivativeInstrumentsAndHedgingActivitiesDisclosureTable_693534F8D43D42C5804E77E04AF9D1D5" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestRateSwapMember_E329727CD16C05E616EB77E04AFA19CE_terseLabel_en-US" xlink:label="lab_us-gaap_InterestRateSwapMember_E329727CD16C05E616EB77E04AFA19CE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest rate swap </link:label>
<link:label id="lab_us-gaap_InterestRateSwapMember_E329727CD16C05E616EB77E04AFA19CE_label_en-US" xlink:label="lab_us-gaap_InterestRateSwapMember_E329727CD16C05E616EB77E04AFA19CE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Rate Swap [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestRateSwapMember" xlink:label="loc_us-gaap_InterestRateSwapMember_E329727CD16C05E616EB77E04AFA19CE" xlink:type="locator"/>
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<link:label id="lab_us-gaap_UnderlyingAssetClassAxis_D27A8A206E1E7E3178B377E04AFA6BED_terseLabel_en-US" xlink:label="lab_us-gaap_UnderlyingAssetClassAxis_D27A8A206E1E7E3178B377E04AFA6BED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Underlying Asset Class [Axis] </link:label>
<link:label id="lab_us-gaap_UnderlyingAssetClassAxis_D27A8A206E1E7E3178B377E04AFA6BED_label_en-US" xlink:label="lab_us-gaap_UnderlyingAssetClassAxis_D27A8A206E1E7E3178B377E04AFA6BED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Underlying Asset Class [Axis] </link:label>
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<link:label id="lab_us-gaap_UnderlyingAssetClassDomain_91B1732145C96B7C54A077E04AFA8DB7_terseLabel_en-US" xlink:label="lab_us-gaap_UnderlyingAssetClassDomain_91B1732145C96B7C54A077E04AFA8DB7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Underlying Asset Class [Domain] </link:label>
<link:label id="lab_us-gaap_UnderlyingAssetClassDomain_91B1732145C96B7C54A077E04AFA8DB7_label_en-US" xlink:label="lab_us-gaap_UnderlyingAssetClassDomain_91B1732145C96B7C54A077E04AFA8DB7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Underlying Asset Class [Domain] </link:label>
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<link:label id="lab_bk_ForecastedForeignCurrencyMember_E98054EB87B41D3FC1F577E04AFA929B_terseLabel_en-US" xlink:label="lab_bk_ForecastedForeignCurrencyMember_E98054EB87B41D3FC1F577E04AFA929B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Forecasted Foreign Currency </link:label>
<link:label id="lab_bk_ForecastedForeignCurrencyMember_E98054EB87B41D3FC1F577E04AFA929B_label_en-US" xlink:label="lab_bk_ForecastedForeignCurrencyMember_E98054EB87B41D3FC1F577E04AFA929B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Forecasted Foreign Currency [Member] </link:label>
<link:label id="lab_bk_ForecastedForeignCurrencyMember_E98054EB87B41D3FC1F577E04AFA929B_documentation_en-US" xlink:label="lab_bk_ForecastedForeignCurrencyMember_E98054EB87B41D3FC1F577E04AFA929B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Forecasted Foreign Currency [Member] </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_ForecastedForeignCurrencyMember" xlink:label="loc_bk_ForecastedForeignCurrencyMember_E98054EB87B41D3FC1F577E04AFA929B" xlink:type="locator"/>
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<link:label id="lab_bk_ShorttermBorrowingsinOtherCurrenciesMember_B26DB3FDA713AC05C51D77E04AFAA52C_terseLabel_en-US" xlink:label="lab_bk_ShorttermBorrowingsinOtherCurrenciesMember_B26DB3FDA713AC05C51D77E04AFAA52C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Short-term Borrowings in Other Currencies [Member] </link:label>
<link:label id="lab_bk_ShorttermBorrowingsinOtherCurrenciesMember_B26DB3FDA713AC05C51D77E04AFAA52C_label_en-US" xlink:label="lab_bk_ShorttermBorrowingsinOtherCurrenciesMember_B26DB3FDA713AC05C51D77E04AFAA52C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Short-term Borrowings in Other Currencies [Member] </link:label>
<link:label id="lab_bk_ShorttermBorrowingsinOtherCurrenciesMember_B26DB3FDA713AC05C51D77E04AFAA52C_documentation_en-US" xlink:label="lab_bk_ShorttermBorrowingsinOtherCurrenciesMember_B26DB3FDA713AC05C51D77E04AFAA52C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Short-term Borrowings in Other Currencies [Member] </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_ShorttermBorrowingsinOtherCurrenciesMember" xlink:label="loc_bk_ShorttermBorrowingsinOtherCurrenciesMember_B26DB3FDA713AC05C51D77E04AFAA52C" xlink:type="locator"/>
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<link:label id="lab_bk_DerivativeInstrumentsAndHedgingActivitiesDisclosureLineItems_7E021405D2519A939B4677E04AFB4FC8_terseLabel_en-US" xlink:label="lab_bk_DerivativeInstrumentsAndHedgingActivitiesDisclosureLineItems_7E021405D2519A939B4677E04AFB4FC8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Instruments and Hedging Activities Disclosure [Line Items] </link:label>
<link:label id="lab_bk_DerivativeInstrumentsAndHedgingActivitiesDisclosureLineItems_7E021405D2519A939B4677E04AFB4FC8_label_en-US" xlink:label="lab_bk_DerivativeInstrumentsAndHedgingActivitiesDisclosureLineItems_7E021405D2519A939B4677E04AFB4FC8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Instruments And Hedging Activities Disclosure [Line Items] </link:label>
<link:label id="lab_bk_DerivativeInstrumentsAndHedgingActivitiesDisclosureLineItems_7E021405D2519A939B4677E04AFB4FC8_documentation_en-US" xlink:label="lab_bk_DerivativeInstrumentsAndHedgingActivitiesDisclosureLineItems_7E021405D2519A939B4677E04AFB4FC8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Derivative Instruments and Hedging Activities Disclosure [Line Items] </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_DerivativeInstrumentsAndHedgingActivitiesDisclosureLineItems" xlink:label="loc_bk_DerivativeInstrumentsAndHedgingActivitiesDisclosureLineItems_7E021405D2519A939B4677E04AFB4FC8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeLossOnDerivative_01DA16FE06E361954B6D77E04AFBAF46_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLossOnDerivative_01DA16FE06E361954B6D77E04AFBAF46" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss (recovery) on derivative </link:label>
<link:label id="lab_us-gaap_DerivativeLossOnDerivative_01DA16FE06E361954B6D77E04AFBAF46_label_en-US" xlink:label="lab_us-gaap_DerivativeLossOnDerivative_01DA16FE06E361954B6D77E04AFBAF46" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative, Loss on Derivative </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLossOnDerivative" xlink:label="loc_us-gaap_DerivativeLossOnDerivative_01DA16FE06E361954B6D77E04AFBAF46" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLossOnDerivative_01DA16FE06E361954B6D77E04AFBAF46" xlink:to="lab_us-gaap_DerivativeLossOnDerivative_01DA16FE06E361954B6D77E04AFBAF46" xlink:type="arc"/>
<link:label id="lab_bk_HedgedInstrumentsMaturityUpperLimit_470F730ED2556464B62E77E04AFBDE78_terseLabel_en-US" xlink:label="lab_bk_HedgedInstrumentsMaturityUpperLimit_470F730ED2556464B62E77E04AFBDE78" 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_470F730ED2556464B62E77E04AFBDE78_label_en-US" xlink:label="lab_bk_HedgedInstrumentsMaturityUpperLimit_470F730ED2556464B62E77E04AFBDE78" 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_470F730ED2556464B62E77E04AFBDE78_documentation_en-US" xlink:label="lab_bk_HedgedInstrumentsMaturityUpperLimit_470F730ED2556464B62E77E04AFBDE78" 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-20161231.xsd#bk_HedgedInstrumentsMaturityUpperLimit" xlink:label="loc_bk_HedgedInstrumentsMaturityUpperLimit_470F730ED2556464B62E77E04AFBDE78" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_HedgedInstrumentsMaturityUpperLimit_470F730ED2556464B62E77E04AFBDE78" xlink:to="lab_bk_HedgedInstrumentsMaturityUpperLimit_470F730ED2556464B62E77E04AFBDE78" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeAmountOfHedgedItem_F4559E8BC7755FFD2AF777E04AFB2E89_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAmountOfHedgedItem_F4559E8BC7755FFD2AF777E04AFB2E89" 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_F4559E8BC7755FFD2AF777E04AFB2E89_label_en-US" xlink:label="lab_us-gaap_DerivativeAmountOfHedgedItem_F4559E8BC7755FFD2AF777E04AFB2E89" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeAmountOfHedgedItem" xlink:label="loc_us-gaap_DerivativeAmountOfHedgedItem_F4559E8BC7755FFD2AF777E04AFB2E89" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAmountOfHedgedItem_F4559E8BC7755FFD2AF777E04AFB2E89" xlink:to="lab_us-gaap_DerivativeAmountOfHedgedItem_F4559E8BC7755FFD2AF777E04AFB2E89" xlink:type="arc"/>
<link:label id="lab_invest_DerivativeNotionalAmount_8B89CB82405A5EDF803577E04AFB44AF_terseLabel_en-US" xlink:label="lab_invest_DerivativeNotionalAmount_8B89CB82405A5EDF803577E04AFB44AF" 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_8B89CB82405A5EDF803577E04AFB44AF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_invest_DerivativeNotionalAmount_8B89CB82405A5EDF803577E04AFB44AF" xlink:to="lab_invest_DerivativeNotionalAmount_8B89CB82405A5EDF803577E04AFB44AF" xlink:type="arc"/>
<link:label id="lab_bk_HedgedInstrumentMaturityLowerLimit_9C73E1C468368B544E3C77E04AFB25D9_terseLabel_en-US" xlink:label="lab_bk_HedgedInstrumentMaturityLowerLimit_9C73E1C468368B544E3C77E04AFB25D9" 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_9C73E1C468368B544E3C77E04AFB25D9_label_en-US" xlink:label="lab_bk_HedgedInstrumentMaturityLowerLimit_9C73E1C468368B544E3C77E04AFB25D9" 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_9C73E1C468368B544E3C77E04AFB25D9_documentation_en-US" xlink:label="lab_bk_HedgedInstrumentMaturityLowerLimit_9C73E1C468368B544E3C77E04AFB25D9" 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-20161231.xsd#bk_HedgedInstrumentMaturityLowerLimit" xlink:label="loc_bk_HedgedInstrumentMaturityLowerLimit_9C73E1C468368B544E3C77E04AFB25D9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_HedgedInstrumentMaturityLowerLimit_9C73E1C468368B544E3C77E04AFB25D9" xlink:to="lab_bk_HedgedInstrumentMaturityLowerLimit_9C73E1C468368B544E3C77E04AFB25D9" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeInstrumentsGainRecognizedInOtherComprehensiveIncomeEffectivePortion_323D20DE667FE80C7C9577E04AFBCB32_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainRecognizedInOtherComprehensiveIncomeEffectivePortion_323D20DE667FE80C7C9577E04AFBCB32" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pretax loss recorded in accumulated other comprehensive income </link:label>
<link:label id="lab_us-gaap_DerivativeInstrumentsGainRecognizedInOtherComprehensiveIncomeEffectivePortion_323D20DE667FE80C7C9577E04AFBCB32_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainRecognizedInOtherComprehensiveIncomeEffectivePortion_323D20DE667FE80C7C9577E04AFBCB32" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Instruments, Gain Recognized in Other Comprehensive Income (Loss), Effective Portion </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentsGainRecognizedInOtherComprehensiveIncomeEffectivePortion" xlink:label="loc_us-gaap_DerivativeInstrumentsGainRecognizedInOtherComprehensiveIncomeEffectivePortion_323D20DE667FE80C7C9577E04AFBCB32" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentsGainRecognizedInOtherComprehensiveIncomeEffectivePortion_323D20DE667FE80C7C9577E04AFBCB32" xlink:to="lab_us-gaap_DerivativeInstrumentsGainRecognizedInOtherComprehensiveIncomeEffectivePortion_323D20DE667FE80C7C9577E04AFBCB32" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeRemainingMaturity1_FFF3CAE930977FABA1BB77E04AFB3AF9_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeRemainingMaturity1_FFF3CAE930977FABA1BB77E04AFB3AF9" 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_FFF3CAE930977FABA1BB77E04AFB3AF9_label_en-US" xlink:label="lab_us-gaap_DerivativeRemainingMaturity1_FFF3CAE930977FABA1BB77E04AFB3AF9" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeRemainingMaturity1" xlink:label="loc_us-gaap_DerivativeRemainingMaturity1_FFF3CAE930977FABA1BB77E04AFB3AF9" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NotionalAmountOfNonderivativeInstruments_8DF05A1D74382FD166ED77E04AFB09CA_terseLabel_en-US" xlink:label="lab_us-gaap_NotionalAmountOfNonderivativeInstruments_8DF05A1D74382FD166ED77E04AFB09CA" 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_8DF05A1D74382FD166ED77E04AFB09CA_label_en-US" xlink:label="lab_us-gaap_NotionalAmountOfNonderivativeInstruments_8DF05A1D74382FD166ED77E04AFB09CA" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NotionalAmountOfNonderivativeInstruments" xlink:label="loc_us-gaap_NotionalAmountOfNonderivativeInstruments_8DF05A1D74382FD166ED77E04AFB09CA" xlink:type="locator"/>
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<link:label id="lab_bk_ValueAtRiskAssumedHoldingPeriodForInstruments_CC269CB4921D2B98773C77E04B00889C_terseLabel_en-US" xlink:label="lab_bk_ValueAtRiskAssumedHoldingPeriodForInstruments_CC269CB4921D2B98773C77E04B00889C" 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_CC269CB4921D2B98773C77E04B00889C_label_en-US" xlink:label="lab_bk_ValueAtRiskAssumedHoldingPeriodForInstruments_CC269CB4921D2B98773C77E04B00889C" 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_CC269CB4921D2B98773C77E04B00889C_documentation_en-US" xlink:label="lab_bk_ValueAtRiskAssumedHoldingPeriodForInstruments_CC269CB4921D2B98773C77E04B00889C" 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-20161231.xsd#bk_ValueAtRiskAssumedHoldingPeriodForInstruments" xlink:label="loc_bk_ValueAtRiskAssumedHoldingPeriodForInstruments_CC269CB4921D2B98773C77E04B00889C" xlink:type="locator"/>
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<link:label id="lab_bk_ValueAtRiskConfidenceLevel_180D1418A7792E5DDC5577E04B00F4AB_terseLabel_en-US" xlink:label="lab_bk_ValueAtRiskConfidenceLevel_180D1418A7792E5DDC5577E04B00F4AB" 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_180D1418A7792E5DDC5577E04B00F4AB_label_en-US" xlink:label="lab_bk_ValueAtRiskConfidenceLevel_180D1418A7792E5DDC5577E04B00F4AB" 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_180D1418A7792E5DDC5577E04B00F4AB_documentation_en-US" xlink:label="lab_bk_ValueAtRiskConfidenceLevel_180D1418A7792E5DDC5577E04B00F4AB" 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-20161231.xsd#bk_ValueAtRiskConfidenceLevel" xlink:label="loc_bk_ValueAtRiskConfidenceLevel_180D1418A7792E5DDC5577E04B00F4AB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AdditionalCollateralAggregateFairValue_D86D246D8705504B9C9A77E04B0108B6_terseLabel_en-US" xlink:label="lab_us-gaap_AdditionalCollateralAggregateFairValue_D86D246D8705504B9C9A77E04B0108B6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Additional collateral the Company would have to post for existing collateral arrangements, if the company's debt rating had fallen below investment grade </link:label>
<link:label id="lab_us-gaap_AdditionalCollateralAggregateFairValue_D86D246D8705504B9C9A77E04B0108B6_label_en-US" xlink:label="lab_us-gaap_AdditionalCollateralAggregateFairValue_D86D246D8705504B9C9A77E04B0108B6" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdditionalCollateralAggregateFairValue" xlink:label="loc_us-gaap_AdditionalCollateralAggregateFairValue_D86D246D8705504B9C9A77E04B0108B6" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfEquityMethodInvestmentsTable_20AC3433FE9948716AB768315B27818D_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEquityMethodInvestmentsTable_20AC3433FE9948716AB768315B27818D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Equity Method Investments [Table] </link:label>
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<link:label id="lab_us-gaap_CommonStockSharesAuthorized_0AD34CA3694A20917921808D3F023F01_verboseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesAuthorized_0AD34CA3694A20917921808D3F023F01" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Authorized shares of common stock </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="loc_us-gaap_CommonStockSharesAuthorized_0AD34CA3694A20917921808D3F023F01" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CommonStockParOrStatedValuePerShare_285E3E30D492D3D940FD808D3F02B247_verboseLabel_en-US" xlink:label="lab_us-gaap_CommonStockParOrStatedValuePerShare_285E3E30D492D3D940FD808D3F02B247" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Par value of common stock </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="loc_us-gaap_CommonStockParOrStatedValuePerShare_285E3E30D492D3D940FD808D3F02B247" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockParOrStatedValuePerShare_285E3E30D492D3D940FD808D3F02B247" xlink:to="lab_us-gaap_CommonStockParOrStatedValuePerShare_285E3E30D492D3D940FD808D3F02B247" xlink:type="arc"/>
<link:label id="lab_us-gaap_CommonStockSharesOutstanding_558B17983288689A6E78808D3F03E73E_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesOutstanding_558B17983288689A6E78808D3F03E73E" 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_558B17983288689A6E78808D3F03E73E_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesOutstanding_558B17983288689A6E78808D3F03E73E" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="loc_us-gaap_CommonStockSharesOutstanding_558B17983288689A6E78808D3F03E73E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesOutstanding_558B17983288689A6E78808D3F03E73E" xlink:to="lab_us-gaap_CommonStockSharesOutstanding_558B17983288689A6E78808D3F03E73E" xlink:type="arc"/>
<link:label id="lab_bk_StockRepurchaseProgramPreferredStockIssuancePrerequisite_9B337B4002B5E1ADC43E808D3F0350B2_terseLabel_en-US" xlink:label="lab_bk_StockRepurchaseProgramPreferredStockIssuancePrerequisite_9B337B4002B5E1ADC43E808D3F0350B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stock repurchase program, preferred stock issuance prerequisite </link:label>
<link:label id="lab_bk_StockRepurchaseProgramPreferredStockIssuancePrerequisite_9B337B4002B5E1ADC43E808D3F0350B2_label_en-US" xlink:label="lab_bk_StockRepurchaseProgramPreferredStockIssuancePrerequisite_9B337B4002B5E1ADC43E808D3F0350B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Repurchase Program Preferred Stock Issuance Prerequisite </link:label>
<link:label id="lab_bk_StockRepurchaseProgramPreferredStockIssuancePrerequisite_9B337B4002B5E1ADC43E808D3F0350B2_documentation_en-US" xlink:label="lab_bk_StockRepurchaseProgramPreferredStockIssuancePrerequisite_9B337B4002B5E1ADC43E808D3F0350B2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Stock Repurchase Program preferred stock issuance prerequisite. </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_StockRepurchaseProgramPreferredStockIssuancePrerequisite" xlink:label="loc_bk_StockRepurchaseProgramPreferredStockIssuancePrerequisite_9B337B4002B5E1ADC43E808D3F0350B2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_StockRepurchaseProgramPreferredStockIssuancePrerequisite_9B337B4002B5E1ADC43E808D3F0350B2" xlink:to="lab_bk_StockRepurchaseProgramPreferredStockIssuancePrerequisite_9B337B4002B5E1ADC43E808D3F0350B2" xlink:type="arc"/>
<link:label id="lab_us-gaap_TreasuryStockSharesAcquired_D9B08EA95595B4C2571B808D3F031400_terseLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockSharesAcquired_D9B08EA95595B4C2571B808D3F031400" 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_D9B08EA95595B4C2571B808D3F031400_label_en-US" xlink:label="lab_us-gaap_TreasuryStockSharesAcquired_D9B08EA95595B4C2571B808D3F031400" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockSharesAcquired" xlink:label="loc_us-gaap_TreasuryStockSharesAcquired_D9B08EA95595B4C2571B808D3F031400" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TreasuryStockSharesAcquired_D9B08EA95595B4C2571B808D3F031400" xlink:to="lab_us-gaap_TreasuryStockSharesAcquired_D9B08EA95595B4C2571B808D3F031400" xlink:type="arc"/>
<link:label id="lab_us-gaap_TreasuryStockAcquiredAverageCostPerShare_706BBC4998395C785F69808D3F037570_terseLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockAcquiredAverageCostPerShare_706BBC4998395C785F69808D3F037570" 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_706BBC4998395C785F69808D3F037570_label_en-US" xlink:label="lab_us-gaap_TreasuryStockAcquiredAverageCostPerShare_706BBC4998395C785F69808D3F037570" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockAcquiredAverageCostPerShare" xlink:label="loc_us-gaap_TreasuryStockAcquiredAverageCostPerShare_706BBC4998395C785F69808D3F037570" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TreasuryStockAcquiredAverageCostPerShare_706BBC4998395C785F69808D3F037570" xlink:to="lab_us-gaap_TreasuryStockAcquiredAverageCostPerShare_706BBC4998395C785F69808D3F037570" xlink:type="arc"/>
<link:label id="lab_us-gaap_StockRepurchasedDuringPeriodValue_90DC5AE927FA9182B38C808D3F03BBC5_terseLabel_en-US" xlink:label="lab_us-gaap_StockRepurchasedDuringPeriodValue_90DC5AE927FA9182B38C808D3F03BBC5" 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_90DC5AE927FA9182B38C808D3F03BBC5_label_en-US" xlink:label="lab_us-gaap_StockRepurchasedDuringPeriodValue_90DC5AE927FA9182B38C808D3F03BBC5" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockRepurchasedDuringPeriodValue" xlink:label="loc_us-gaap_StockRepurchasedDuringPeriodValue_90DC5AE927FA9182B38C808D3F03BBC5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockRepurchasedDuringPeriodValue_90DC5AE927FA9182B38C808D3F03BBC5" xlink:to="lab_us-gaap_StockRepurchasedDuringPeriodValue_90DC5AE927FA9182B38C808D3F03BBC5" xlink:type="arc"/>
<link:label id="lab_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_C6891B67AB9FDC442093808D3F04EE62_terseLabel_en-US" xlink:label="lab_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_C6891B67AB9FDC442093808D3F04EE62" 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_C6891B67AB9FDC442093808D3F04EE62_label_en-US" xlink:label="lab_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_C6891B67AB9FDC442093808D3F04EE62" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1" xlink:label="loc_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_C6891B67AB9FDC442093808D3F04EE62" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_C6891B67AB9FDC442093808D3F04EE62" xlink:to="lab_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_C6891B67AB9FDC442093808D3F04EE62" xlink:type="arc"/>
<link:label id="lab_us-gaap_PreferredStockDividendRatePerDollarAmount_432EAAA814EABD56E264808D3F04BA6D_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockDividendRatePerDollarAmount_432EAAA814EABD56E264808D3F04BA6D" 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_432EAAA814EABD56E264808D3F04BA6D_label_en-US" xlink:label="lab_us-gaap_PreferredStockDividendRatePerDollarAmount_432EAAA814EABD56E264808D3F04BA6D" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockDividendRatePerDollarAmount" xlink:label="loc_us-gaap_PreferredStockDividendRatePerDollarAmount_432EAAA814EABD56E264808D3F04BA6D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockDividendRatePerDollarAmount_432EAAA814EABD56E264808D3F04BA6D" xlink:to="lab_us-gaap_PreferredStockDividendRatePerDollarAmount_432EAAA814EABD56E264808D3F04BA6D" xlink:type="arc"/>
<link:label id="lab_bk_PreferredStockDividendRatePerNormalPreferredCapitalSecurity_A9D7E77435B5B086C2D5808D3F04CC01_terseLabel_en-US" xlink:label="lab_bk_PreferredStockDividendRatePerNormalPreferredCapitalSecurity_A9D7E77435B5B086C2D5808D3F04CC01" 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_A9D7E77435B5B086C2D5808D3F04CC01_label_en-US" xlink:label="lab_bk_PreferredStockDividendRatePerNormalPreferredCapitalSecurity_A9D7E77435B5B086C2D5808D3F04CC01" 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_A9D7E77435B5B086C2D5808D3F04CC01_documentation_en-US" xlink:label="lab_bk_PreferredStockDividendRatePerNormalPreferredCapitalSecurity_A9D7E77435B5B086C2D5808D3F04CC01" 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-20161231.xsd#bk_PreferredStockDividendRatePerNormalPreferredCapitalSecurity" xlink:label="loc_bk_PreferredStockDividendRatePerNormalPreferredCapitalSecurity_A9D7E77435B5B086C2D5808D3F04CC01" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_PreferredStockDividendRatePerNormalPreferredCapitalSecurity_A9D7E77435B5B086C2D5808D3F04CC01" xlink:to="lab_bk_PreferredStockDividendRatePerNormalPreferredCapitalSecurity_A9D7E77435B5B086C2D5808D3F04CC01" xlink:type="arc"/>
<link:label id="lab_bk_PreferredStockDividendRatePerDepositaryShare_D960F326B69D2E29DF3F808D3F040039_terseLabel_en-US" xlink:label="lab_bk_PreferredStockDividendRatePerDepositaryShare_D960F326B69D2E29DF3F808D3F040039" 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_D960F326B69D2E29DF3F808D3F040039_label_en-US" xlink:label="lab_bk_PreferredStockDividendRatePerDepositaryShare_D960F326B69D2E29DF3F808D3F040039" 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_D960F326B69D2E29DF3F808D3F040039_documentation_en-US" xlink:label="lab_bk_PreferredStockDividendRatePerDepositaryShare_D960F326B69D2E29DF3F808D3F040039" 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-20161231.xsd#bk_PreferredStockDividendRatePerDepositaryShare" xlink:label="loc_bk_PreferredStockDividendRatePerDepositaryShare_D960F326B69D2E29DF3F808D3F040039" xlink:type="locator"/>
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<link:label id="lab_bk_DepositorySharePortionofPreferredStockSharePercent_567B6FDF1B5D27F4EA1D808D3F047473_terseLabel_en-US" xlink:label="lab_bk_DepositorySharePortionofPreferredStockSharePercent_567B6FDF1B5D27F4EA1D808D3F047473" 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_567B6FDF1B5D27F4EA1D808D3F047473_label_en-US" xlink:label="lab_bk_DepositorySharePortionofPreferredStockSharePercent_567B6FDF1B5D27F4EA1D808D3F047473" 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_567B6FDF1B5D27F4EA1D808D3F047473_documentation_en-US" xlink:label="lab_bk_DepositorySharePortionofPreferredStockSharePercent_567B6FDF1B5D27F4EA1D808D3F047473" 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-20161231.xsd#bk_DepositorySharePortionofPreferredStockSharePercent" xlink:label="loc_bk_DepositorySharePortionofPreferredStockSharePercent_567B6FDF1B5D27F4EA1D808D3F047473" xlink:type="locator"/>
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<link:label id="lab_bk_ScheduleOfPreferredStockTableTableTextBlock_B7E71546332FFB3553B8640278BBD45D_terseLabel_en-US" xlink:label="lab_bk_ScheduleOfPreferredStockTableTableTextBlock_B7E71546332FFB3553B8640278BBD45D" 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_B7E71546332FFB3553B8640278BBD45D_label_en-US" xlink:label="lab_bk_ScheduleOfPreferredStockTableTableTextBlock_B7E71546332FFB3553B8640278BBD45D" 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_B7E71546332FFB3553B8640278BBD45D_documentation_en-US" xlink:label="lab_bk_ScheduleOfPreferredStockTableTableTextBlock_B7E71546332FFB3553B8640278BBD45D" 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-20161231.xsd#bk_ScheduleOfPreferredStockTableTableTextBlock" xlink:label="loc_bk_ScheduleOfPreferredStockTableTableTextBlock_B7E71546332FFB3553B8640278BBD45D" xlink:type="locator"/>
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<link:label id="lab_bk_ScheduleOfRegulatoryCapitalRatiosTableTextBlock_0E51540F7912F13DF7E0640278BB3ED8_terseLabel_en-US" xlink:label="lab_bk_ScheduleOfRegulatoryCapitalRatiosTableTextBlock_0E51540F7912F13DF7E0640278BB3ED8" 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_0E51540F7912F13DF7E0640278BB3ED8_label_en-US" xlink:label="lab_bk_ScheduleOfRegulatoryCapitalRatiosTableTextBlock_0E51540F7912F13DF7E0640278BB3ED8" 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>
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<link:label id="lab_bk_ScheduleOfCapitalAboveThresholdsTableTableTextBlock_BDFDB68C459993E333D5640278BC1FC8_label_en-US" xlink:label="lab_bk_ScheduleOfCapitalAboveThresholdsTableTableTextBlock_BDFDB68C459993E333D5640278BC1FC8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule Of Capital Above Thresholds Table [Table Text Block] </link:label>
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<link:label id="lab_us-gaap_CondensedIncomeStatementTable_90AA1BEA5F2DB733D2A57D1EC362F4BE_terseLabel_en-US" xlink:label="lab_us-gaap_CondensedIncomeStatementTable_90AA1BEA5F2DB733D2A57D1EC362F4BE" 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_90AA1BEA5F2DB733D2A57D1EC362F4BE_label_en-US" xlink:label="lab_us-gaap_CondensedIncomeStatementTable_90AA1BEA5F2DB733D2A57D1EC362F4BE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Condensed Income Statement [Table] </link:label>
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<link:label id="lab_us-gaap_CondensedIncomeStatementsCaptionsLineItems_4A18204C3B65076B89407D1EC362FC61_label_en-US" xlink:label="lab_us-gaap_CondensedIncomeStatementsCaptionsLineItems_4A18204C3B65076B89407D1EC362FC61" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="loc_us-gaap_CondensedIncomeStatementsCaptionsLineItems_4A18204C3B65076B89407D1EC362FC61" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InvestmentIncomeDividend_024112F44F652B9A1F067D1EC362623F_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentIncomeDividend_024112F44F652B9A1F067D1EC362623F" 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_024112F44F652B9A1F067D1EC362623F_label_en-US" xlink:label="lab_us-gaap_InvestmentIncomeDividend_024112F44F652B9A1F067D1EC362623F" 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_2469EE59FF161FB18EF97D1EC362A4C0_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentIncomeInterest_2469EE59FF161FB18EF97D1EC362A4C0" 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_2469EE59FF161FB18EF97D1EC362A4C0_label_en-US" xlink:label="lab_us-gaap_InvestmentIncomeInterest_2469EE59FF161FB18EF97D1EC362A4C0" 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_EC84DAB6633196C2D3F17D1EC362F8DF_terseLabel_en-US" xlink:label="lab_bk_GainLossOnAvailableForSaleInvestments_EC84DAB6633196C2D3F17D1EC362F8DF" 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_EC84DAB6633196C2D3F17D1EC362F8DF_label_en-US" xlink:label="lab_bk_GainLossOnAvailableForSaleInvestments_EC84DAB6633196C2D3F17D1EC362F8DF" 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_PreferredStockDividendsIncomeStatementImpact_A2F769CF617E2C12832E7D1EC3634C41_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockDividendsIncomeStatementImpact_A2F769CF617E2C12832E7D1EC3634C41" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Preferred stock dividends </link:label>
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<link:label id="lab_us-gaap_InterestExpenseRelatedParty_477F48A85A834606BD5C7D1EC3634589_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseRelatedParty_477F48A85A834606BD5C7D1EC3634589" 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_477F48A85A834606BD5C7D1EC3634589_label_en-US" xlink:label="lab_us-gaap_InterestExpenseRelatedParty_477F48A85A834606BD5C7D1EC3634589" 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_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_059D6779A9C034D211897DBF28D61BBB_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_059D6779A9C034D211897DBF28D61BBB" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Other comprehensive income (loss), net of tax: </link:label>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_A7416AC3168D0C8E98F07DBF28D660CA_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_A7416AC3168D0C8E98F07DBF28D660CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign currency translation adjustments </link:label>
<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_A7416AC3168D0C8E98F07DBF28D660CA_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_A7416AC3168D0C8E98F07DBF28D660CA" 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>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_A7416AC3168D0C8E98F07DBF28D660CA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_A7416AC3168D0C8E98F07DBF28D660CA" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_A7416AC3168D0C8E98F07DBF28D660CA" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_0DABD7C4C9FE34D43B767DBF28D6B0D3_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_0DABD7C4C9FE34D43B767DBF28D6B0D3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Unrealized (loss) gain on assets available-for-sale: </link:label>
<link:label id="lab_us-gaap_OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_0DABD7C4C9FE34D43B767DBF28D6B0D3_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_0DABD7C4C9FE34D43B767DBF28D6B0D3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax [Abstract] </link:label>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_BC2D55A79ED4310368EA7DBF28D628B8_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_BC2D55A79ED4310368EA7DBF28D628B8" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Unrealized (loss) gain arising during the period </link:label>
<link:label id="lab_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_BC2D55A79ED4310368EA7DBF28D628B8_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_BC2D55A79ED4310368EA7DBF28D628B8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Net of Tax </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_BC2D55A79ED4310368EA7DBF28D628B8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_B401CCB6A09D6E9BC8367DBF28D785CC_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_B401CCB6A09D6E9BC8367DBF28D785CC" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Reclassification adjustment </link:label>
<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_B401CCB6A09D6E9BC8367DBF28D785CC_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_B401CCB6A09D6E9BC8367DBF28D785CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Net of Tax </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_B401CCB6A09D6E9BC8367DBF28D785CC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_B401CCB6A09D6E9BC8367DBF28D785CC" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_B401CCB6A09D6E9BC8367DBF28D785CC" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_F0AD1819111A860E922C7DBF28D7C8DA_totalLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_F0AD1819111A860E922C7DBF28D7C8DA" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total unrealized (loss) gain on assets available-for-sale </link:label>
<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_F0AD1819111A860E922C7DBF28D7C8DA_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_F0AD1819111A860E922C7DBF28D7C8DA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_F0AD1819111A860E922C7DBF28D7C8DA" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_66863C5DE1ABAD33B3487DBF28D70A88_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_66863C5DE1ABAD33B3487DBF28D70A88" 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_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_66863C5DE1ABAD33B3487DBF28D70A88_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_66863C5DE1ABAD33B3487DBF28D70A88" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Adjustment, Net of Tax [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="loc_us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_66863C5DE1ABAD33B3487DBF28D70A88" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax_CBC7F9183057B4C5E1337DBF28D77FA7_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax_CBC7F9183057B4C5E1337DBF28D77FA7" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Prior service cost arising during the period </link:label>
<link:label id="lab_us-gaap_OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax_CBC7F9183057B4C5E1337DBF28D77FA7_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax_CBC7F9183057B4C5E1337DBF28D77FA7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Net Prior Service Cost (Credit) Arising During Period, Net of Tax </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax_CBC7F9183057B4C5E1337DBF28D77FA7" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax_31CD141CB0164BC03A2F7DBF28D77E63_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax_31CD141CB0164BC03A2F7DBF28D77E63" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net (loss) arising during the period </link:label>
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<link:label id="lab_bk_OtherComprehensiveIncomeLossDefinedBenefitPlanForeignCurrencyTranslationAdjustmentNetOfTax_FBA31FB002E4CE89AAEE7DBF28D77BB3_negatedTerseLabel_en-US" xlink:label="lab_bk_OtherComprehensiveIncomeLossDefinedBenefitPlanForeignCurrencyTranslationAdjustmentNetOfTax_FBA31FB002E4CE89AAEE7DBF28D77BB3" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Foreign exchange adjustment </link:label>
<link:label id="lab_bk_OtherComprehensiveIncomeLossDefinedBenefitPlanForeignCurrencyTranslationAdjustmentNetOfTax_FBA31FB002E4CE89AAEE7DBF28D77BB3_label_en-US" xlink:label="lab_bk_OtherComprehensiveIncomeLossDefinedBenefitPlanForeignCurrencyTranslationAdjustmentNetOfTax_FBA31FB002E4CE89AAEE7DBF28D77BB3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income Loss Defined Benefit Plan Foreign Currency Translation Adjustment Net Of Tax </link:label>
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<link:loc xlink:href="bk-20161231.xsd#bk_OtherComprehensiveIncomeLossDefinedBenefitPlanForeignCurrencyTranslationAdjustmentNetOfTax" xlink:label="loc_bk_OtherComprehensiveIncomeLossDefinedBenefitPlanForeignCurrencyTranslationAdjustmentNetOfTax_FBA31FB002E4CE89AAEE7DBF28D77BB3" xlink:type="locator"/>
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<link:label id="lab_bk_BankOverdraftsRepaymentPeriod_CD12B001876D8993225277E04BD58BFE_terseLabel_en-US" xlink:label="lab_bk_BankOverdraftsRepaymentPeriod_CD12B001876D8993225277E04BD58BFE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Period overdrafts are typically repaid </link:label>
<link:label id="lab_bk_BankOverdraftsRepaymentPeriod_CD12B001876D8993225277E04BD58BFE_label_en-US" xlink:label="lab_bk_BankOverdraftsRepaymentPeriod_CD12B001876D8993225277E04BD58BFE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Bank Overdrafts, Repayment Period </link:label>
<link:label id="lab_bk_BankOverdraftsRepaymentPeriod_CD12B001876D8993225277E04BD58BFE_documentation_en-US" xlink:label="lab_bk_BankOverdraftsRepaymentPeriod_CD12B001876D8993225277E04BD58BFE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Bank Overdrafts, Repayment Period </link:label>
<link:loc xlink:href="bk-20161231.xsd#bk_BankOverdraftsRepaymentPeriod" xlink:label="loc_bk_BankOverdraftsRepaymentPeriod_CD12B001876D8993225277E04BD58BFE" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LifeInsuranceCorporateOrBankOwnedAmount_41240E3331B1F04EFAC27DBF27B5119C_verboseLabel_en-US" xlink:label="lab_us-gaap_LifeInsuranceCorporateOrBankOwnedAmount_41240E3331B1F04EFAC27DBF27B5119C" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LifeInsuranceCorporateOrBankOwnedAmount" xlink:label="loc_us-gaap_LifeInsuranceCorporateOrBankOwnedAmount_41240E3331B1F04EFAC27DBF27B5119C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AccountsReceivableNet_773AB799D230EE53D5507DBF27B5FD8B_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsReceivableNet_773AB799D230EE53D5507DBF27B5FD8B" 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_773AB799D230EE53D5507DBF27B5FD8B_label_en-US" xlink:label="lab_us-gaap_AccountsReceivableNet_773AB799D230EE53D5507DBF27B5FD8B" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsReceivableNet" xlink:label="loc_us-gaap_AccountsReceivableNet_773AB799D230EE53D5507DBF27B5FD8B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsReceivableNet_773AB799D230EE53D5507DBF27B5FD8B" xlink:to="lab_us-gaap_AccountsReceivableNet_773AB799D230EE53D5507DBF27B5FD8B" xlink:type="arc"/>
<link:label id="lab_us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations_16E043A3B5B5D6708ED27DBF27B56F99_terseLabel_en-US" xlink:label="lab_us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations_16E043A3B5B5D6708ED27DBF27B56F99" 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_16E043A3B5B5D6708ED27DBF27B56F99_label_en-US" xlink:label="lab_us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations_16E043A3B5B5D6708ED27DBF27B56F99" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations" xlink:label="loc_us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations_16E043A3B5B5D6708ED27DBF27B56F99" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CapitalizedComputerSoftwareNet_7DE37B3C9CBAB614FA637DBF27B54178_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalizedComputerSoftwareNet_7DE37B3C9CBAB614FA637DBF27B54178" 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_7DE37B3C9CBAB614FA637DBF27B54178_label_en-US" xlink:label="lab_us-gaap_CapitalizedComputerSoftwareNet_7DE37B3C9CBAB614FA637DBF27B54178" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capitalized Computer Software, Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CapitalizedComputerSoftwareNet" xlink:label="loc_us-gaap_CapitalizedComputerSoftwareNet_7DE37B3C9CBAB614FA637DBF27B54178" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CapitalizedComputerSoftwareNet_7DE37B3C9CBAB614FA637DBF27B54178" xlink:to="lab_us-gaap_CapitalizedComputerSoftwareNet_7DE37B3C9CBAB614FA637DBF27B54178" xlink:type="arc"/>
<link:label id="lab_bk_RenewableEnergyInvestments_1ED5D1F84A967768FF2A7DBF27B67B96_terseLabel_en-US" xlink:label="lab_bk_RenewableEnergyInvestments_1ED5D1F84A967768FF2A7DBF27B67B96" 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_1ED5D1F84A967768FF2A7DBF27B67B96_label_en-US" xlink:label="lab_bk_RenewableEnergyInvestments_1ED5D1F84A967768FF2A7DBF27B67B96" 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_1ED5D1F84A967768FF2A7DBF27B67B96_documentation_en-US" xlink:label="lab_bk_RenewableEnergyInvestments_1ED5D1F84A967768FF2A7DBF27B67B96" 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-20161231.xsd#bk_RenewableEnergyInvestments" xlink:label="loc_bk_RenewableEnergyInvestments_1ED5D1F84A967768FF2A7DBF27B67B96" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bk_RenewableEnergyInvestments_1ED5D1F84A967768FF2A7DBF27B67B96" xlink:to="lab_bk_RenewableEnergyInvestments_1ED5D1F84A967768FF2A7DBF27B67B96" xlink:type="arc"/>
<link:label id="lab_us-gaap_IncomeTaxReceivable_74E8AB81CD28F9EA41E87DBF27B51849_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxReceivable_74E8AB81CD28F9EA41E87DBF27B51849" 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_74E8AB81CD28F9EA41E87DBF27B51849_label_en-US" xlink:label="lab_us-gaap_IncomeTaxReceivable_74E8AB81CD28F9EA41E87DBF27B51849" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Taxes Receivable </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxReceivable" xlink:label="loc_us-gaap_IncomeTaxReceivable_74E8AB81CD28F9EA41E87DBF27B51849" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxReceivable_74E8AB81CD28F9EA41E87DBF27B51849" xlink:to="lab_us-gaap_IncomeTaxReceivable_74E8AB81CD28F9EA41E87DBF27B51849" xlink:type="arc"/>
<link:label id="lab_bk_EquityInJointVenturesAndOtherInvestments_10A0FC91AE09BE31DD527DBF27B5A58B_terseLabel_en-US" xlink:label="lab_bk_EquityInJointVenturesAndOtherInvestments_10A0FC91AE09BE31DD527DBF27B5A58B" 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_10A0FC91AE09BE31DD527DBF27B5A58B_label_en-US" xlink:label="lab_bk_EquityInJointVenturesAndOtherInvestments_10A0FC91AE09BE31DD527DBF27B5A58B" 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_10A0FC91AE09BE31DD527DBF27B5A58B_documentation_en-US" xlink:label="lab_bk_EquityInJointVenturesAndOtherInvestments_10A0FC91AE09BE31DD527DBF27B5A58B" 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-20161231.xsd#bk_EquityInJointVenturesAndOtherInvestments" xlink:label="loc_bk_EquityInJointVenturesAndOtherInvestments_10A0FC91AE09BE31DD527DBF27B5A58B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PrepaidPensionCosts_FD2E7CEA16D580C95F0D7DBF27B545DA_terseLabel_en-US" xlink:label="lab_us-gaap_PrepaidPensionCosts_FD2E7CEA16D580C95F0D7DBF27B545DA" 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_us-gaap_PrepaidPensionCosts_FD2E7CEA16D580C95F0D7DBF27B545DA_label_en-US" xlink:label="lab_us-gaap_PrepaidPensionCosts_FD2E7CEA16D580C95F0D7DBF27B545DA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Prepaid Pension Costs </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PrepaidPensionCosts" xlink:label="loc_us-gaap_PrepaidPensionCosts_FD2E7CEA16D580C95F0D7DBF27B545DA" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeInstrumentsInHedgesAssetsAtFairValue_34E6C5E05517A5DA20977DBF27B51479_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsInHedgesAssetsAtFairValue_34E6C5E05517A5DA20977DBF27B51479" 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_34E6C5E05517A5DA20977DBF27B51479_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsInHedgesAssetsAtFairValue_34E6C5E05517A5DA20977DBF27B51479" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentsInHedgesAssetsAtFairValue" xlink:label="loc_us-gaap_DerivativeInstrumentsInHedgesAssetsAtFairValue_34E6C5E05517A5DA20977DBF27B51479" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FederalReserveBankStock_C81D7031D4DE2C3EC6617DBF27B6B509_terseLabel_en-US" xlink:label="lab_us-gaap_FederalReserveBankStock_C81D7031D4DE2C3EC6617DBF27B6B509" 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_C81D7031D4DE2C3EC6617DBF27B6B509_label_en-US" xlink:label="lab_us-gaap_FederalReserveBankStock_C81D7031D4DE2C3EC6617DBF27B6B509" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FederalReserveBankStock" xlink:label="loc_us-gaap_FederalReserveBankStock_C81D7031D4DE2C3EC6617DBF27B6B509" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PrepaidExpenseCurrentAndNoncurrent_73B09F2EB6CA1E33AF9F7DBF27B59CA3_terseLabel_en-US" xlink:label="lab_us-gaap_PrepaidExpenseCurrentAndNoncurrent_73B09F2EB6CA1E33AF9F7DBF27B59CA3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Prepaid expenses </link:label>
<link:label id="lab_us-gaap_PrepaidExpenseCurrentAndNoncurrent_73B09F2EB6CA1E33AF9F7DBF27B59CA3_label_en-US" xlink:label="lab_us-gaap_PrepaidExpenseCurrentAndNoncurrent_73B09F2EB6CA1E33AF9F7DBF27B59CA3" 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/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PrepaidExpenseCurrentAndNoncurrent" xlink:label="loc_us-gaap_PrepaidExpenseCurrentAndNoncurrent_73B09F2EB6CA1E33AF9F7DBF27B59CA3" xlink:type="locator"/>
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<link:label id="lab_bk_SeedCapital_52F37F47A96F4464E5B97DBF27B6924A_terseLabel_en-US" xlink:label="lab_bk_SeedCapital_52F37F47A96F4464E5B97DBF27B6924A" 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_52F37F47A96F4464E5B97DBF27B6924A_label_en-US" xlink:label="lab_bk_SeedCapital_52F37F47A96F4464E5B97DBF27B6924A" 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_52F37F47A96F4464E5B97DBF27B6924A_documentation_en-US" xlink:label="lab_bk_SeedCapital_52F37F47A96F4464E5B97DBF27B6924A" 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-20161231.xsd#bk_SeedCapital" xlink:label="loc_bk_SeedCapital_52F37F47A96F4464E5B97DBF27B6924A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DueFromCustomerAcceptances_3324D82EA7E0B3C792CB7DBF27B5D688_terseLabel_en-US" xlink:label="lab_us-gaap_DueFromCustomerAcceptances_3324D82EA7E0B3C792CB7DBF27B5D688" 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_3324D82EA7E0B3C792CB7DBF27B5D688_label_en-US" xlink:label="lab_us-gaap_DueFromCustomerAcceptances_3324D82EA7E0B3C792CB7DBF27B5D688" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Due from Customer Acceptances </link:label>
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<link:label id="lab_bk_PrivateEquity_87474BFAD66CD16EAD297DBF27B6ADF3_terseLabel_en-US" xlink:label="lab_bk_PrivateEquity_87474BFAD66CD16EAD297DBF27B6ADF3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Private equity </link:label>
<link:label id="lab_bk_PrivateEquity_87474BFAD66CD16EAD297DBF27B6ADF3_label_en-US" xlink:label="lab_bk_PrivateEquity_87474BFAD66CD16EAD297DBF27B6ADF3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Private Equity </link:label>
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1 Subsequent Filing that References this Filing

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

11/08/21  Bank of New York Mellon Corp.     424B2                  1:761K                                   Donnelley … Solutions/FA
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