BNY Mellon, a privately owned company headquartered in New York City, US, was founded in 1784 and employs approximately 47,420 individuals, specializing in financial services. BNY Mellon, formally known as The Bank of New York Mellon Corporation, was formed in 2007 through the merger of The Bank of New York and Mellon Financial Corporation.
On April 24, 2026, BNY Global Head of Asset Servicing Emily Portney met with Warren Stephens at the Embassy for discussions centered on strengthening financial cooperation between the U.S. and the UK, addressing efforts to deepen capital markets ties, and encouraging innovation to boost jobs and economic growth on both sides of the Atlantic. Earlier the same day, Bank of New York Mellon UK, acting as Agent Bank, issued a regulatory announcement for a variable rate fix determined on April 23, 2026. This fix pertained to QNB Finance Ltd’s Series 450 USD 20,000,000 Floating Rate Note (FRN) due January 2028.
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