Moody's Investors Service on Wednesday upgraded the Bank of New York Co.'s ratings and assigned a Prime-2 rating to Great Western Financial's pending commercial paper program.

The Bank of New York senior debt was upgraded to A2 from A3, affecting $4.9 billion of longterm debt.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.