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Northern Trust Decreases Prime Rate
Businesswireยท 2025-09-17 22:15
Core Points - Northern Trust has decreased its prime rate from 7.50% to 7.25%, effective September 18, 2025 [1][8]. Company Overview - Northern Trust Corporation (Nasdaq: NTRS) is a prominent provider of wealth management, asset servicing, asset management, and banking services to corporations, institutions, affluent families, and individuals [2]. - Founded in Chicago in 1889, Northern Trust operates globally with offices in 24 U.S. states and Washington, D.C., as well as 22 locations across Canada, Europe, the Middle East, and the Asia-Pacific region [2]. - As of June 30, 2025, Northern Trust had assets under custody/administration amounting to US$18.1 trillion and assets under management totaling US$1.7 trillion [2].