NEW YORK, Sept. 18, 2024 /PRNewswire/ — BNY will lower the Prime Lending Fee by 0.50%, from 8.50% to eight.00%, efficient Thursday, September 19, 2024.

About BNY

BNY is a world monetary providers firm that helps generate profits work for the world “ managing it, transferring it and protecting it secure. For 240 years BNY has partnered alongside purchasers, placing its experience and platforms to work to assist them obtain their ambitions. At this time BNY helps over 90% of Fortune 100 firms and practically all the highest 100 banks globally to entry the cash they want. BNY helps governments in funding native initiatives and works with over 90% of the highest 100 pension plans to safeguard investments for thousands and thousands of people, and a lot extra. As of June 30, 2024, BNY oversees $49.5 trillion in property below custody and/or administration and $2.0 trillion in property below administration.

BNY is the company model of The Financial institution of New York Mellon (NYSE:) Company (NYSE: BK). Headquartered in New York Metropolis, BNY employs over 50,000 folks globally and has been named amongst Fortune’s World’s Most Admired Corporations and Quick Firm’s Greatest Workplaces for Innovators. Extra info is offered on www.bny.com. Comply with on LinkedIn or go to the BNY Newsroom for the newest firm information.  

Contacts:
Media
Garrett Marquis+1 949 683 1503
garrett.marquis@bny.com  

Analysts
Marius Merz+1 212 298 1480
marius.merz@bny.com