BNY ▼ -1.1% - The Bank of New York Mellon Corporation $BNY - BNY Increases Prime Lending Rate to 7.00% BNY Mellon shares fell 1.1% today following the bank's announcement that it is raising its prime lending rate to 7.00%, a move that typically signals higher borrowing costs for customers and may reflect broader concerns about economic conditions or the bank's credit outlook. 16-SEP-2026 03:29 PM ET