Northern Trust

Northern Trust Strengthens Foundation & Institutional Advisors Practice in the Mid-Atlantic

Retrieved on: 
Tuesday, October 31, 2023
Finance, Consulting, Banking, Professional Services, Philanthropy, Socially Responsible Investing, Fund Raising, Foundation, Asset Management, Other Philanthropy, Woman, African Women on Board, FDIC, FINANCIAL, ESG, Region, Investment, FIA, Conference, Organization, Financial adviser, National Association of Affordable Housing Lenders, Equal housing lender, Multimedia, Senior, Growth, Executive Committee, CTFA, Rockefeller Capital Management, UN Global Counter-Terrorism Strategy, UN, Wichita State University, Mid-Atlantic (United States), Billion, Management, Financial services, Northern Trust

Northern Trust announced today that Karen Wawrzaszek has joined the Foundation & Institutional Advisors (FIA) practice as a Senior Vice President and Regional Director in Washington, D.C., where she will support efforts to grow and serve the firm’s foundation, endowment and nonprofit clients in the Mid-Atlantic region.

Key Points: 
  • Northern Trust announced today that Karen Wawrzaszek has joined the Foundation & Institutional Advisors (FIA) practice as a Senior Vice President and Regional Director in Washington, D.C., where she will support efforts to grow and serve the firm’s foundation, endowment and nonprofit clients in the Mid-Atlantic region.
  • Northern Trust’s Foundation & Institutional Advisors (FIA) group serves nonprofit organizations through sophisticated investment management solutions, strategic insights and world-class resources.
  • More information about Northern Trust Foundation and Institutional Advisors can be found at www.northerntrust.com/FIA .
  • Northern Trust Wealth Management offers holistic wealth management services for affluent individuals and families, family offices, foundations and endowments, and privately held businesses.

Northern Trust Hosts Second Charity Trading Day to Benefit Four Global Charities

Retrieved on: 
Tuesday, October 24, 2023
Professional Services, Philanthropy, Fund Raising, Finance, Foundation, Asset Management, Banking, Capital market, Nationwide Asset Services, Northern Trust, Treasury services, Asset, Organic, Ronald McDonald House Charities, RMHC, Cryptocurrency

Northern Trust has held its second Charity Trading Day, with employees across the world participating to benefit four global charities, aligned with the company’s philanthropic strategy.

Key Points: 
  • Northern Trust has held its second Charity Trading Day, with employees across the world participating to benefit four global charities, aligned with the company’s philanthropic strategy.
  • In the coming year, Northern Trust employees and clients will also donate thousands of volunteering hours in support of a number of the charities’ projects across the globe.
  • The global effort, led by Northern Trust Asset Servicing, aligns with the company’s long-term community investment strategy to support those who have been marginalized with more opportunities to achieve long-term financial success.
  • “Our first Charity Trading Day in 2022 benefited global housing non-profit Habitat for Humanity International, with our employees donating many volunteering hours as well,” said Pete Cherecwich, president of Northern Trust Asset Servicing.

Northern Trust Declares Quarterly Dividends on Common and Preferred Stock

Retrieved on: 
Tuesday, October 17, 2023
Banking, Professional Services, Finance, Northern Trust, Cryptocurrency, Life insurance, Security (finance)

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 January 1, 2024, to holders of record at 5:00 p.m., Chicago time, on December 8, 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 January 1, 2024, to holders of record at 5:00 p.m., Chicago time, on December 8, 2023.
  • Northern Trust Corporation also declared cash dividends of $293.75 per share of its Series E non-cumulative perpetual preferred stock (resulting in a distribution of $0.29375 per depositary share), payable on January 1, 2024, to holders of record at 5:00 p.m., Chicago time, on December 15, 2023.

Northern Trust Corporation Reports Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, October 18, 2023
Professional Services, Other Professional Services, Finance, Asset Management, Banking, Personal Finance, Sumathi Best Television Current Reporting Award, Adobe Flash, Northern Trust, Windows Media

Northern Trust Corporation has released its third quarter 2023 financial results.

Key Points: 
  • Northern Trust Corporation has released its third quarter 2023 financial results.
  • Northern Trust’s third quarter earnings conference call will be webcast on October 18, 2023.
  • The live call will be conducted at 8:30 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.

Chicago AI Conference: Reshaping the Future of Finance with AI in Chicago

Retrieved on: 
Saturday, October 14, 2023
Big, Fellow, Global Task Force on Expanded Access to Cancer Care and Control in Developing Countries, Federal Reserve Bank, AI, Federal Reserve Bank of Chicago, Insurance, Artificial intelligence, Health, McKinsey & Company, Growth, Hotbed, University, Learning, Human, Privacy, Conference, Open source, Research, Medical device, Northern Trust

With a vision to shape global AI agendas and foster public-private collaboration, the Chicago AI Conference is set to take place on October 26, 2023, in Chicago.

Key Points: 
  • With a vision to shape global AI agendas and foster public-private collaboration, the Chicago AI Conference is set to take place on October 26, 2023, in Chicago.
  • Distinguished AI 2030 stakeholders will convene to discuss pivotal topics including the Open Source Responsible AI Framework, the Global Task Force, AI for Financial Professionals, and the AI2030 Accelerator programs.
  • Chicago's ecosystem for AI and finance places it uniquely at the forefront of shaping the future of financial technology.
  • This dynamic convergence of finance and AI expertise is fostering a robust pipeline of highly skilled AI graduates poised to make significant contributions to the financial industry's evolution.

Navy Federal Investment Services Announces New Partnership With Trust & Will

Retrieved on: 
Monday, October 16, 2023
Banking, Professional Services, Other Consumer, Women, Seniors, Men, Family, Other Professional Services, Insurance, Consumer, Finance, Partnership, Veteran, Navy, Organization, Education, Trust, Northern Trust, National Military Family Association, Navy Federal Credit Union, Life, NFCU, Life insurance

Navy Federal Investment Services (NFIS), a subsidiary of Navy Federal Financial Group (NFFG), announces a new partnership with Trust & Will , a leading digital estate planning and probate provider.

Key Points: 
  • Navy Federal Investment Services (NFIS), a subsidiary of Navy Federal Financial Group (NFFG), announces a new partnership with Trust & Will , a leading digital estate planning and probate provider.
  • This collaboration represents a significant milestone for both organizations and promises to deliver easily accessible and affordable estate planning services.
  • "By partnering with Trust & Will, we can easily offer online access to estate planning in addition to our financial advisor support and guidance, allowing Navy Federal members to effortlessly plan for their families, regardless of their circumstances.”
    The services offered by Trust & Will for Navy Federal members are efficient and straightforward.
  • Navy Federal Investment Services and Trust & Will share a joint commitment to financial wellness, financial planning and providing education along the way.

Northern Trust Asset Management Names New Co-Head of Wealth Client Group

Retrieved on: 
Friday, October 13, 2023
Other Philanthropy, Personal Finance, Finance, Asset Management, Banking, Professional Services, Philanthropy, Foundation, Northern Trust, Wealth management, Fidelity Investments, MBA, Investment, Economics, University, CFA, ETF, Widener University Commonwealth Law School, Trust, Harris, Central Region, Putnam Investments, Spinal muscular atrophies, Harris Theater (Pittsburgh), Wharton School of the University of Pennsylvania, Cryptocurrency

Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.1 trillion in assets under management as of June 30, 2023, announced today that Sunitha C. Thomas, CFA will join NTAM as co-head of the newly formed Wealth Client Group.

Key Points: 
  • Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.1 trillion in assets under management as of June 30, 2023, announced today that Sunitha C. Thomas, CFA will join NTAM as co-head of the newly formed Wealth Client Group.
  • In this newly created role, Thomas will provide dedicated leadership to serving Northern Trust Wealth Management clients and strengthening NTAM’s presence in the intermediary wealth management industry.
  • Thomas will report to Northern Trust Asset Management President Daniel Gamba.
  • “Northern Trust is uniquely well-positioned within the wealth management, family office and intermediary markets,” Gamba said.

Northern Trust Appointed Global Custodian by Abu Dhabi Pension Fund

Retrieved on: 
Tuesday, October 3, 2023
Accounting, Asset Management, Professional Services, Finance, Insurance, Pension, Trust, Government, CRM, Pension fund, Security (finance), Northern Trust

Northern Trust (Nasdaq: NTRS) announced today that it has been appointed by Abu Dhabi Pension Fund (ADPF) (effective 1 January 2024) to provide a suite of services, including global custody, alternative asset administration through Front Office Solutions, liquidity solutions, performance and risk analytics, and compliance monitoring.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) announced today that it has been appointed by Abu Dhabi Pension Fund (ADPF) (effective 1 January 2024) to provide a suite of services, including global custody, alternative asset administration through Front Office Solutions, liquidity solutions, performance and risk analytics, and compliance monitoring.
  • Abu Dhabi Pension Fund (ADPF) is a growing pool of sovereign sponsored pension assets in the Middle East.
  • Abu Dhabi Pension Fund will engage Northern Trust’s data aggregation and customer relations management (CRM) capabilities, available through its Front Office Solutions offering, to aid them in investment allocation, liquidity management and portfolio optimization.
  • James Wright, head of Asset Owners, EMEA at Northern Trust, commented, “We are delighted that Abu Dhabi Pension Fund has appointed us as their global custodian.

Northern Trust Poised to Support MiFID II Managers Responding to Upcoming Regulatory Changes

Retrieved on: 
Thursday, September 28, 2023
Finance, Business, Banking, Professional Services, Insurance, Letter, Markets in Financial Instruments Directive 2014, Research, II, Registered investment adviser, RIAS, Cryptocurrency, Financial services, EU, Northern Trust

“The recent US regulatory developments combined with potential changes in research funding regulations in the UK and EU may present both challenges and opportunities for asset managers to optimize research access,” said Glenn Poulter, global head of brokerage and integrated trading solutions, at Northern Trust.

Key Points: 
  • “The recent US regulatory developments combined with potential changes in research funding regulations in the UK and EU may present both challenges and opportunities for asset managers to optimize research access,” said Glenn Poulter, global head of brokerage and integrated trading solutions, at Northern Trust.
  • Northern Trust Capital Markets aligns execution, transactional, lending and financing solutions in equities, fixed income and derivatives, transition management, foreign exchange, and securities finance.
  • Northern Trust Capital Markets provides brokerage, foreign exchange, securities finance and transition management services.
  • It is a division of Northern Trust Asset Servicing, which provides asset servicing, fund administration and middle office solutions to institutional asset managers and asset owners around the globe.

AnitaB.org Establishes New DEI Advisory Program; Names Globally Recognized Executive Bo Young Lee as Program's Inaugural President

Retrieved on: 
Wednesday, September 27, 2023
Grace Hopper, The Way Forward, AnitaB.org, McKesson Corporation, Uber, Woman, Organization, Advisory, Strategy&, SAN, Way Forward, Biophysical environment, DEI, ESG, Environment, Marriott International, Management, Northern Trust, Allstate, Social

SAN MATEO, Calif., Sept. 27, 2023 /PRNewswire/ -- AnitaB.org, the leading global nonprofit organization committed to promoting diversity, inclusivity, equality, and belonging in the technology sector, today announced the launch of AnitaB.org Advisory, a consulting division dedicated to helping organizations drive meaningful change through effective DEI strategies. The new offering will be helmed by renowned speaker and human capital, DEI, and Environmental, Social, and Governance (ESG) executive Bo Young Lee. The launch was announced during the Opening Plenary session at Grace Hopper Celebration 2023, the world's largest gathering of women and non-binary technologists. 

Key Points: 
  • The new offering will be helmed by renowned speaker and human capital, DEI, and Environmental, Social, and Governance (ESG) executive Bo Young Lee.
  • The launch was announced during the Opening Plenary session at Grace Hopper Celebration 2023, the world's largest gathering of women and non-binary technologists.
  • "Bo is a respected DEI advisor, strategist, and practitioner," said Brenda Darden Wilkerson, President and CEO of AnitaB.org.
  • Lee brings 23 years of experience with DEI work and renowned expertise in global DEI implications to the AnitaB.org Advisory team.