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Fitch affirms Bank of New York Co. Mellon
Fitch Ratings said it affirmed all ratings of Bank of New York Co. Mellon Corp. and its affiliates.
The outlook remains positive.
Affected ratings include the company's long-term issuer default rating at AA-, long-term senior at AA- and short-term issuer default rating at F1+ as well as BNY Mellon NA's long-term issuer default rating at AA-, long-term senior at AA- and short-term issuer default rating at F1+.
Fitch said that the action follows Bank of New York Co. Mellon's announcement of an internal reorganization of its principal banking subsidiaries.
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