BNY
Bank of New York Mellon Corporation
September 22, 2026 · market open
- Rarity
- 1.21
- Peak move
- −3.13%
- Float cap
- $105.6B
The Bank of New York Mellon Corporation is a global financial services platforms company. Through its subsidiaries, it provides securities services, market and wealth services, and investment and wealth management to institutions and clients worldwide. Its offerings include custody, asset servicing, payments, clearing, collateral management, and investment management.
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What we found
9 events · 0 from SEC or newswire · 0 timed with the moveinstitutional_flowBank of New York Mellon disclosed on September 18, 2026 that it increased its long position in Continental Aerospace Technologies Holding to 499 million H-shares, or 5.37% of voting rights, from 52.78 million shares (0.57%), through acquiring security interests rather than open-market purchases.
regulatory_approvalThe SEC granted BNY an exemption from Staff Accounting Bulletin 121 allowing it to custody institutional crypto assets without balance-sheet booking, and BNY also received a Federal Reserve non-objection for crypto custody.
product_launchOpenEden expanded its tokenized credit product HYBOND onto BNB Chain with RedStone oracle pricing, giving eligible institutional investors on-chain exposure to BNY Mellon's Global Short-Dated High Yield Bond strategy (~$2.4bn), managed by BNY Investments with shares custodied at BNY.
customer_lossKazia Therapeutics replaced Bank of New York Mellon as depositary for its American Depositary Receipt program, appointing JPMorgan Chase Bank, N.A. as the new ADR depositary.
product_launchBNY launched a blockchain-based version of its transfer agency business covering roughly $8.6 trillion in assets across 7.6 million accounts, with Baillie Gifford, BlackRock and BNY's Dreyfus unit as early users.
pricing_changeBNY raised its prime lending rate to 7.00% from 6.75%, effective September 17, 2026, joining several other banks after the Fed lifted the federal funds target range a quarter point to 3.75%-4.00% on September 16.
macro_dataThe Federal Reserve raised its benchmark federal funds target range by a quarter point to 3.75%-4.00% on September 16, 2026, its first increase since 2023, on a 12-0 FOMC vote, moving the prime rate to 7.00% effective September 17.
peer_disclosureNorthern Trust fell after its CFO flagged a "seasonal downturn" in third-quarter servicing fees, in a sector-wide risk-off move that also pressed BNY and State Street, while Northern Trust separately was chosen to manage key services for a $4.8B UK pension fund.
dividend_changeBNY redeemed all outstanding Series F Noncumulative Perpetual Preferred Stock and the associated 1,000,000 depositary shares at $1,000 per depositary share on the September 20, 2026 redemption date, with payment on September 21, after which the shares ceased to be outstanding and dividends stopped accruing.