BNY Mellon Increases Prime Lending Rate to 4.00%
NEW YORK
May 05, 2022
BNY Mellon will increase the Prime Lending Rate by 0.50%, from 3.50% to 4.00%, effective Thursday, May 5, 2022.
About BNY Mellon
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment and wealth management and investment services in 35 countries. As of March 31, 2022, BNY Mellon had $45.5 trillion in assets under custody and/or administration, and $2.3 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.
Contacts:
Media
Erin Smith
+ 1 212 815 7170
Analysts
Marius Merz
+1 212 298 1480
marius.merz@bnymellon.com
SOURCE BNY Mellon