Core Viewpoint - Wells Fargo Bank is reducing its prime rate to 7.00 percent from 7.25 percent, effective October 30, 2025 [1] Company Overview - Wells Fargo & Company is a leading financial services company with approximately $2.1 trillion in assets [1] - The company offers a diversified set of banking, investment, and mortgage products and services, as well as consumer and commercial finance [1] - Wells Fargo operates through four reportable operating segments [1]

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].