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Wells Fargo Bank Decreases Prime Rate to 7.00 Percent
Businesswire· 2025-10-29 20:45
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Bank, N.A., said today it is decreasing its prime rate to 7.00 percent from 7.25 percent, effective tomorrow, Oct. 30, 2025. About Wells Fargo Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $2.1 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consum. ...
Northern Trust Decreases Prime Rate
Businesswire· 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].