NEW YORK, Jan. 3 /PRNewswire/ -- The Bank of New York Company, Inc., today
announced that it has transitioned to the start of the Year 2000 without
significant incident. End-of-year processing has been completed and systems
are running with year 2000 dates.
In 1996, The Bank of New York established the Year 2000 Project Office,
with the goal of ensuring that its data processing systems were ready for the
Year 2000. For further information please visit our website at
http://www.bankofny.com/about/atdyy2k.htm.
The Bank of New York Company, Inc. (NYSE: BK), is one of the largest bank
holding companies in the United States, with total assets of over $63 billion
as of September 30, 1999. The Company provides a complete range of banking
and other financial services to corporations and individuals worldwide through
its basic businesses: Securities Servicing and Cash Processing; Corporate
Banking; Trust, Private Client Services; Retail Banking; and Financial Market
Services. Additional information on the Company is available at
http://www.bankofny.com.
SOURCE The Bank of New York Company, Inc.
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Related links:
http://www.bankofny.com
CONTACT:
Frank H. Scarangella, SVP, or Cary J.
Giacalone, VP, 212-635-1590; or Dennis Simon, VP, Y2K Information
Office, 212-815-4073, all of The Bank of New York Company, Inc.
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