BNY Decreases Prime Lending Rate to 7.00%

BNY (NYSE: BK), will decrease the Prime Lending Rate by 0.25%, from 7.25% to 7.00%, effective Thursday, October 30, 2025.

About BNY
BNY is a global financial services company that helps make money work for the world – managing it, moving it and keeping it safe. For more than 240 years BNY has partnered alongside clients, putting its expertise and platforms to work to help them achieve their ambitions. Today BNY helps over 90% of Fortune 100 companies and nearly all the top 100 banks globally access the money they need. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals, and so much more. 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.

BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Headquartered in New York City, BNY has been named among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators. Additional information is available on www.bny.com.

Contacts:
Media
Anneliese Diedrichs
+1 646 468 6026
anneliese.diedrichs@bny.com

Analysts
Marius Merz
+1 212 298 1480
marius.merz@bny.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/bny-decreases-prime-lending-rate-to-7-00-302598783.html

SOURCE BNY

News Provided by PR Newswire via QuoteMedia

BK
The Conversation (0)
Nextech3D.ai Poised for Growth as Event-Tech and 3D/AR Revenue Accelerates

Nextech3D.ai Poised for Growth as Event-Tech and 3D/AR Revenue Accelerates

Nextech3D.AI (CSE:NTAR,OTCQX:NEXCF,FSE:EP2) is gaining investor attention following H.C. Wainwright’s November 2025 coverage, highlighting renewed optimism about the company’s growth prospects, driven largely by its expanding event‑technology business.The analyst firm maintained a Buy rating... Keep Reading...
Happy Creek Completes 2025 Drill Program at the Fox Tungsten Project in British Columbia

Happy Creek Completes 2025 Drill Program at the Fox Tungsten Project in British Columbia

(TheNewswire) October 28, 2025, Vancouver, British Columbia TheNewswire - Happy Creek Minerals Ltd. (TSX-V: HPY) ("Happy Creek" or the "Company") is pleased to announce the completion of the first tranche of drilling at the Fox Tungsten Project in the South Cariboo district of British Columbia... Keep Reading...
Happy Creek Announces Closing of Oversubscribed $3.75 Million Financing to Advance the Fox Tungsten Project

Happy Creek Announces Closing of Oversubscribed $3.75 Million Financing to Advance the Fox Tungsten Project

(TheNewswire) Not for distribution to United States Newswire Services or for dissemination in the United States Vancouver, British Columbia TheNewswire - August 18, 2025 – Happy Creek Minerals Ltd (TSX-V: HPY, OTC: HPYCF, FSE: 1HC ) ("Happy Creek" or the "Company") is pleased to announce that it... Keep Reading...
Caribou Biosciences Presents Encouraging Clinical Data from CB-010 ANTLER Phase 1 Trial in Second-line LBCL Patients at the 2024 American Society of Clinical Oncology  Annual Meeting

Caribou Biosciences Presents Encouraging Clinical Data from CB-010 ANTLER Phase 1 Trial in Second-line LBCL Patients at the 2024 American Society of Clinical Oncology Annual Meeting

-- CB-010 allogeneic CAR-T cell therapy w ith partial HLA matching has potential to rival efficacy and safety profile of approved autologous CAR-T cell therapies -- - -- Plan to enroll ~20 additional 2L LBCL patients in ANTLER to confirm that partial HLA matching improves patient outcomes;... Keep Reading...
Hands typing on a laptop with "open banking" text and related icons hovering above.

Canada’s Big Open Banking Move: Unlocking Consumer Control and Financial Innovation

In its 2025 federal budget, the Canadian government lays out a bold blueprint to foster competition, innovation and inclusion in the financial sector by accelerating open banking adoption. With the Big Six banks holding 93 percent of banking assets, this consumer-driven reform aims to dismantle... Keep Reading...

Keith Prusek and Hugh Rabb Join Evercore as Senior Managing Directors in the Transportation Investment Banking Group

Evercore announced today that Keith Prusek and Hugh Rabb have joined the firm as senior managing directors in its transportation investment banking group. Both will be based in Richmond, Virginia, where Evercore has opened a new office as part of its ongoing initiative to further expand its... Keep Reading...
Justin Grossbard, co-founder of CompareForexBrokers.

Managing Wealth Across Borders: Q&A with CompareForexBrokers’ Justin Grossbard

Navigating international money transfers can be costly and complex, with hidden fees and poor exchange rates often eroding returns. To shed light on how individuals and businesses can better manage these transactions, the Investing News Network sat down for a Q&A with Justin Grossbard,... Keep Reading...
Text saying "decentralized finance" with colorful digital chart backdrop.

A Guide to DeFi: Understanding Decentralized Finance

Decentralized finance (DeFi) is a revolutionary shift in the financial landscape, offering a blockchain-based system that facilitates transactions without relying on traditional intermediaries like banks or brokerages. While the DeFi sector experienced a challenging period through 2022 and early... Keep Reading...
Contactless payment with blue card on smartphone displaying €18.00.

Digital Finance Fuels Record Savings Growth in Developing Nations: World Bank

Formal saving in developing economies surged to its highest level in more than a decade in 2024, powered largely by the widespread use of mobile phones and digital financial tools, the World Bank said in its new Global Findex 2025 report.For the first time, 40 percent of adults in low- and... Keep Reading...
Blue cubes with illuminated edges and symbols, arranged in a geometric pattern.

Fintech Firm Velocity Raises US$10 Million for Enterprise Stablecoin Infrastructure

In what is believed to be the largest European pre-seed funding round of the year, UK fintech startup Velocity has emerged with US$10 million in early backing to develop a stablecoin infrastructure platform. The initiative is aimed squarely at large enterprises grappling with outdated... Keep Reading...

Latest Press Releases

Related News