BNY Decreases Prime Lending Rate to 7.25%
The Bank of New York Mellon(US:BK) Prnewswire·2025-09-17 20:46Group 1 - BNY announced a decrease in the Prime Lending Rate by 0.25%, from 7.50% to 7.25%, effective September 18, 2025 [1] - As of June 30, 2025, BNY oversees $55.8 trillion in assets under custody and/or administration and $2.1 trillion in assets under management [2] - BNY has been recognized among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators [2] Group 2 - BNY and Carnegie Mellon University have entered a five-year, $10 million agreement to advance research and development in AI [4]