<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) - November 24, 1997
MELLON BANK CORPORATION
(Exact name of registrant as specified in charter)
Pennsylvania 1-7410 25-1233834
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
One Mellon Bank Center
500 Grant Street
Pittsburgh, Pennsylvania 15258
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code - (412) 234-5000
<PAGE>
ITEM 5. OTHER EVENTS
On November 24, 1997, Mellon Bank Corporation (the "Corporation") completed the
previously announced sale of its corporate trustee and agency business to The
Chase Manhattan Bank. Terms of the transaction were not disclosed. Under the
agreement, substantially all of the accounts for which the Corporation's
subsidiaries served as corporate trustee or paying or escrow agent have been
transferred to Chase Global Trust. The majority of the portfolio consists of
municipal and corporate issues of debt securities. The sale does not include the
Corporation's noncorporate trustee fiduciary businesses.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
MELLON BANK CORPORATION
Date: December 3, 1997 By: /s/ CARL KRASIK
Carl Krasik
Associate General Counsel and
Secretary
