BNY Decreases Prime Lending Rate to 6.75%
Core Viewpoint - BNY will reduce the Prime Lending Rate by 0.25%, from 7.00% to 6.75%, effective December 11, 2025 [1] Group 1: Company Overview - BNY is a global financial services company with over 240 years of experience, helping clients manage, move, and safeguard their money [2] - The company serves over 90% of Fortune 100 companies and nearly all of the top 100 banks globally, facilitating access to necessary funds [2] - As of September 30, 2025, BNY oversees $57.8 trillion in assets under custody and/or administration and $2.1 trillion in assets under management [2] Group 2: Corporate Recognition - BNY has been recognized among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators [3]