BNY Mellon’s former chief operating officer for its markets business, Piers Murray, is leaving the bank — barely a month after the bank canned a group of bond traders, The Post has learned.
Earlier this year, Murray was relieved of his COO title, but remained a managing director in operations, according to two sources.
Murray, who joined the bank in 2016 as the COO of markets, was part of a larger group of ex-Deutsche Bank executives who have been hired at the bank in recent years.
The banker was one of the first hires under Michelle Neal, who was the CEO of markets starting in 2015, but who left for Royal Bank of Canada in March.
Murray’s exit comes after the bank quietly cut five from its bond team — including one 14-year veteran who was less than a week out from his upscale Bahamas wedding, The Post reported earlier in June.
The bank has been reducing staff this year as trading and sales desks across Wall Street have struggled to make money and amid a broader cost-cutting effort by CEO Charles Scharf.
As of the end of March, Bank of New York Mellon had 49,800 employees, down 4.4 percent from the same time last year.
Nina Truman, a BNY spokeswoman, declined to comment on personnel matters.