BNY Increases Prime Lending Rate to 7.00%
BNY (BNY) will increase its Prime Lending Rate by 0.25 percentage points, from 6.75% to 7.00%, effective Thursday, September 17, 2026.
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Rhea-AI Summary
BNY (BNY) will increase its Prime Lending Rate by 0.25 percentage points, from 6.75% to 7.00%, effective Thursday, September 17, 2026.
The company describes itself as a global financial services platforms provider serving over 90% of Fortune 100 companies, nearly all top 100 banks, and over 90% of the top 100 pension plans. As of June 30, 2026, BNY reports $62.6 trillion in assets under custody and/or administration and $2.2 trillion in assets under management.
Details
News Market Reaction – BNY
On Sep 16, the day this news came out, BNY closed 0.78% below the previous close.
Data tracked by StockTitan Argus for the Sep 16 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
About BNY
BNY is a global financial services platforms company at the heart of the world's capital markets. For more than 240 years BNY has partnered alongside clients, using its expertise and platforms to help them operate more efficiently and accelerate growth. Today BNY serves over
BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BNY). Headquartered in New York City, BNY 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
Anneliese Diedrichs
+1 646 468 6026
anneliese.diedrichs@bny.com
Analysts
Marius Merz
+1 212 298 1480
marius.merz@bny.com
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SOURCE BNY