News Summary:
BNY Mellon, acting as Agent Bank, confirmed the variable rate for Toyota Motor Finance (Netherlands) B.V.'s Series No 420 EUR 500,000,000 FRN on July 24, 2026. The Bank of New York Mellon Corporation also reported record second-quarter results in mid-July 2026, with net interest income reaching US$1,446 million and net income at US$1,761 million. These results accompanied a US$0.63 quarterly common dividend, preferred dividends, approximately US$1.10 billion in share repurchases, and a US$500 million senior preferred fixed-income offering. Previously, on July 23, 2026, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE: DHF) declared a monthly cash dividend of $0.0175 per share from net investment income, payable on August 20, 2026, to shareholders of record by August 6, 2026. Earlier the same day, BNY completed an after-hours Treasury trade using RLUSD and USDO, demonstrating settlement beyond Fedwire operating hours. The bank plans tokenized Treasury pilots by late 2026 and aims for full 24/7 settlement for Treasuries in 2027, expanding its blockchain infrastructure for institutional Treasury and stablecoin markets with participants including Ripple and OpenEden.
Subscribe for full access to BNY Mellon's profile
Subscribe for full access to BNY Mellon's products in full detail 
