NEW
YORK, Sept. 18, 2024 /PRNewswire/ -- BNY will
decrease the Prime Lending Rate by 0.50%, from 8.50% to 8.00%,
effective Thursday, September 19,
2024.
About BNY
BNY is a global financial services company that helps make money
work for the world – managing it, moving it and keeping it safe.
For 240 years BNY has partnered alongside clients, putting its
expertise and platforms to work to help them achieve their
ambitions. Today BNY helps over 90% of Fortune 100 companies and
nearly all the top 100 banks globally to access the money they
need. BNY supports governments in funding local projects and works
with over 90% of the top 100 pension plans to safeguard investments
for millions of individuals, and so much more. As of June 30, 2024, BNY oversees $49.5 trillion in assets under custody and/or
administration and $2.0 trillion in
assets under management.
BNY is the corporate brand of The Bank of New York Mellon
Corporation (NYSE: BK). Headquartered in New York City, BNY employs over 50,000 people
globally and has been named among Fortune's World's Most Admired
Companies and Fast Company's Best Workplaces for Innovators.
Additional information is available on www.bny.com. Follow on
LinkedIn or visit the BNY Newsroom for the latest company
news.
Contacts:
Media
Garrett Marquis
+1 949 683 1503
garrett.marquis@bny.com
Analysts
Marius
Merz
+1 212 298 1480
marius.merz@bny.com
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SOURCE BNY