The Bank of New York Mellon Corporation Reduces Prime Rate to 4.0 Percent

PRNewswire-FirstCall
NEW YORK
(NYSE:BK)
Oct 29, 2008

NEW YORK, October 29 , 2009 — The Bank of New York Mellon Corporation has reduced its prime rate from 4.50 percent to 4.0 percent, effective October 29, 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.