The Bank of New York Mellon Corporation Reduces Prime Rate to 3.25 Percent
December 17 2008 - 8:20AM
PR Newswire (US)
NEW YORK, Dec. 17 /PRNewswire-FirstCall/ -- The Bank of New York
Mellon Corporation has reduced its prime rate from 4.0 percent to
3.25 percent, effective December 16, 2008. The Bank of New York
Mellon Corporation is a global financial services company focused
on helping clients manage and service their financial assets,
operating in 34 countries and serving more than 100 markets. The
company is a leading provider of financial services for
institutions, corporations and high-net-worth individuals,
providing superior asset management and wealth management, asset
servicing, issuer services, clearing services and treasury services
through a worldwide client-focused team. It has $22.4 trillion in
assets under custody and administration, approximately $1.1
trillion in assets under management and services approximately $12
trillion in outstanding debt. Additional information is available
at http://www.bnymellon.com/. DATASOURCE: The Bank of New York
Mellon Corporation CONTACT: Ron Gruendl of The Bank of New York
Mellon Corporation, +1-412-234-7157, Web Site:
http://www.bnymellon.com/
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