Northern Trust

Northern Trust Declares Quarterly Dividends on Common and Preferred Stock

Retrieved on: 
Wednesday, January 18, 2023

Northern Trust Corporation (Nasdaq: NTRS), holding company of The Northern Trust Company, has declared a quarterly cash dividend of $0.75 per share on its common stock ($1.66-2/3 par value), payable on April 1, 2023, to holders of record at 5:00 p.m., Chicago time, on March 10, 2023.

Key Points: 
  • Northern Trust Corporation (Nasdaq: NTRS), holding company of The Northern Trust Company, has declared a quarterly cash dividend of $0.75 per share on its common stock ($1.66-2/3 par value), payable on April 1, 2023, to holders of record at 5:00 p.m., Chicago time, on March 10, 2023.
  • Northern Trust Corporation also declared cash dividends of $2,300 per share of its Series D non-cumulative perpetual preferred stock (resulting in a distribution of $23.00 per depositary share), and $293.75 per share of its Series E non-cumulative perpetual preferred stock (resulting in a distribution of $0.29375 per depository share), each payable on April 1, 2023, to holders of record at 5:00 p.m., Chicago time, on March 15, 2023.

Northern Trust Corporation Reports Fourth Quarter 2022 Financial Results

Retrieved on: 
Thursday, January 19, 2023

Northern Trust Corporation has released its fourth quarter 2022 financial results.

Key Points: 
  • Northern Trust Corporation has released its fourth quarter 2022 financial results.
  • Northern Trust’s fourth quarter earnings conference call will be webcast on January 19, 2023.
  • The live call will be conducted at 8:00 a.m. CT and is accessible on Northern Trust’s website at the address noted above.
  • A recording of the live call will be available on Northern Trust’s website following the live event, for approximately four weeks.

Northern Trust Releases Second Annual Business Owner Benchmark

Retrieved on: 
Monday, December 19, 2022

Northern Trust (Nasdaq: NTRS) announced today the results of its second annual Business Owner Benchmark, a survey of more than 150 business owners conducted by The Northern Trust Institute.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) announced today the results of its second annual Business Owner Benchmark, a survey of more than 150 business owners conducted by The Northern Trust Institute.
  • “This shift in what retirement looks like reflects the pursuit of purpose and impact that many business owners value beyond just the drive to create wealth,” said Eric Czepyha, Northern Trust’s Director of Business Services.
  • For most business owners, selling their business is a life-changing event that has profound, multi-generational financial implications and may also impact the business owner’s family dynamics and even their overall outlook on life.
  • Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S.

Northern Trust 2023 Outlook: Markets and Economy Pivot from Inflation and Monetary Policy Fears to a Weak Global Economy

Retrieved on: 
Monday, December 19, 2022

At the core of the CMA are investment themes, typically five or six, based on forces that Northern Trust identifies as driving markets over the next five years.

Key Points: 
  • At the core of the CMA are investment themes, typically five or six, based on forces that Northern Trust identifies as driving markets over the next five years.
  • Among them are: “Slow Growth Transitions,” “Inflation Recalibration” and “Monetary Drought.”
    The 2023 Outlook also includes forecasts on a range of asset classes.
  • Northern Trust Asset Management is composed of Northern Trust Investments, Inc., Northern Trust Global Investments Limited, Northern Trust Fund Managers (Ireland) Limited, Northern Trust Global Investments Japan, K.K., NT Global Advisors, Inc., 50 South Capital Advisors, LLC, Belvedere Advisors LLC, Northern Trust Asset Management Australia Pty Ltd and investment personnel of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company.
  • Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S.

EXPO CHICAGO AND THE MAGNIFICENT MILE® ASSOCIATION, WITH KAVI GUPTA GALLERY, TO PRESENT THIRD ITERATION OF SKIN + MASKS, CURATED BY ACCLAIMED ARTIST VIC MENS

Retrieved on: 
Tuesday, December 13, 2022

1925 — d. 1961) as a foundation for a group art exhibition aimed at decolonizing art beyond the politics of visibility.

Key Points: 
  • 1925 — d. 1961) as a foundation for a group art exhibition aimed at decolonizing art beyond the politics of visibility.
  • "SKIN + MASKS is a cultural conversation spanning bandwidth of race, identity and art, created in collaboration with Kavi Gupta Gallery,” said Vic Mensa.
  • "SKIN + MASKS has served as a community centered incubator of expansive conversation and radical performance since its debut this summer.
  • SKIN + MASKS is made possible through the collaboration by EXPO CHICAGO and The Magnificent Mile Association with Kavi Gupta Gallery.

Northern Trust Makes Key Fund Accounting and Fund Administration Hires in North America Global Fund Services

Retrieved on: 
Thursday, December 15, 2022

Northern Trust today announced the appointments of Steven Reydel as Head of North America Fund Accounting and Michael McMaster as Head of North America Fund Administration.

Key Points: 
  • Northern Trust today announced the appointments of Steven Reydel as Head of North America Fund Accounting and Michael McMaster as Head of North America Fund Administration.
  • Leveraging their expertise in fund accounting and fund administration, Reydel and McMaster will play a pivotal role in supporting ongoing growth in the Global Fund Services (GFS) business .
  • Most recently, he was head of BBHs Global Fund Accounting operations team and the Fund Accounting Product Executive.
  • He most recently served as Chief Tax Officer-Head of Global Fund Services Tax at Invesco, overseeing teams across North America, EMEA and APAC.

Northern Trust Raises Prime Rate

Retrieved on: 
Wednesday, December 14, 2022

Northern Trust has increased its Prime rate from 7.00% to 7.50%, effective Thursday, December 15, 2022.

Key Points: 
  • Northern Trust has increased its Prime rate from 7.00% to 7.50%, effective Thursday, December 15, 2022.
  • Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals.
  • As of September 30, 2022, Northern Trust had assets under custody/administration of US$12.8 trillion, and assets under management of US$1.2 trillion.
  • Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S.

Northern Trust Corporation to Webcast Fourth Quarter 2022 Earnings Conference Call

Retrieved on: 
Wednesday, December 14, 2022

Northern Trust Corporation announced today that it will webcast its fourth quarter 2022 earnings conference call live on Thursday, January 19, 2023.

Key Points: 
  • Northern Trust Corporation announced today that it will webcast its fourth quarter 2022 earnings conference call live on Thursday, January 19, 2023.
  • The webcast, the earnings press release, and related presentation materials will be accessible on Northern Trusts website .
  • The call will be conducted at 8:00 a.m. (CT), following the release that morning of Northern Trusts fourth quarter 2022 earnings press release.
  • As of September 30, 2022, Northern Trust had assets under custody/administration of US$12.8 trillion, and assets under management of US$1.2 trillion.

Northern Trust Asset Management Partners With Solactive to Launch Two Global Bond ESG Climate Index Funds

Retrieved on: 
Wednesday, December 14, 2022

The NT Global Bond ESG Climate Index Fund and the NT Global 1-5 Years Bond ESG Climate Index Funds, used as benchmarks for the strategies, measure the performance of a global investment grade bond universe and integrates ESG scores and climate data into the government and corporate bonds within the index.

Key Points: 
  • The NT Global Bond ESG Climate Index Fund and the NT Global 1-5 Years Bond ESG Climate Index Funds, used as benchmarks for the strategies, measure the performance of a global investment grade bond universe and integrates ESG scores and climate data into the government and corporate bonds within the index.
  • The Solactive Global Bond ESG Climate Index represents the full maturity curve; with the Solactive Global Bond 1-5 Year ESG Climate Index representing shorter maturity.
  • Northern Trust Asset Management is composed of Northern Trust Investments, Inc., Northern Trust Global Investments Limited, Northern Trust Fund Managers (Ireland) Limited, Northern Trust Global Investments Japan, K.K., NT Global Advisors, Inc., 50 South Capital Advisors, LLC, Belvedere Advisors LLC, Northern Trust Asset Management Australia Pty Ltd and investment personnel of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company.
  • Northern Trust Asset Management (NTAM) is composed of Northern Trust Investments, Inc. (NTI), Northern Trust Global Investments Limited (NTGIL), Northern Trust Fund Managers (Ireland) Limited (NTFMIL), Northern Trust Global Investments Japan, K.K.

Northern Trust Hosts Charity Trading Day to Support Habitat for Humanity International

Retrieved on: 
Tuesday, December 13, 2022

Northern Trust today announced its first global Charity Trading Day, benefiting global housing nonprofit Habitat for Humanity International, as part of the companys global philanthropy strategy.

Key Points: 
  • Northern Trust today announced its first global Charity Trading Day, benefiting global housing nonprofit Habitat for Humanity International, as part of the companys global philanthropy strategy.
  • In addition, Northern Trust employees and clients will volunteer through a company program in 2023 to support the nonprofits mission.
  • Our philanthropic focus at Northern Trust covers four key pillars: education, food, healthcare and housing, Northern Trust Chairman and Chief Executive Officer Michael O'Grady said.
  • Northern Trust Charity Trading Day involved Northern Trust Capital Markets trading desks across the globe, following the sun from Sydney through to Singapore, London and Chicago.