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Northern Trust Names New Head for its Business Across Australia and New Zealand

Retrieved on: 
Monday, September 6, 2021

Northern Trust (Nasdaq: NTRS) today announced it has appointed Leon Stavrou as head of its business in Australia and New Zealand.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) today announced it has appointed Leon Stavrou as head of its business in Australia and New Zealand.
  • He succeeds Angelo Calvitto, who was named as head of Northern Trust in Asia Pacific in June this year.
  • Prior to joining Northern Trust, Leon held managerial roles at National Australia Bank Asset Servicing.
  • 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 Reports Second Quarter 2021 Financial Results

Retrieved on: 
Wednesday, July 21, 2021

Northern Trust Corporation has released its second quarter 2021 financial results.

Key Points: 
  • Northern Trust Corporation has released its second quarter 2021 financial results.
  • Results can be found on Northern Trusts website at:
    Northern Trusts second quarter earnings conference call will be webcast on July 21, 2021.
  • As of June 30, 2021, Northern Trust had assets under custody/administration of US$15.7 trillion, and assets under management of US$1.5 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 Declares Quarterly Dividends on Common and Preferred Stock

Retrieved on: 
Tuesday, July 20, 2021

Northern Trust Corporation (Nasdaq: NTRS), holding company of The Northern Trust Company, has declared a quarterly cash dividend of $0.70 per share on its common stock ($1.66-2/3 par value), payable on October 1, 2021, to holders of record at 5:00 p.m., Chicago time, on September 10, 2021.

Key Points: 
  • Northern Trust Corporation (Nasdaq: NTRS), holding company of The Northern Trust Company, has declared a quarterly cash dividend of $0.70 per share on its common stock ($1.66-2/3 par value), payable on October 1, 2021, to holders of record at 5:00 p.m., Chicago time, on September 10, 2021.
  • 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 March 31, 2021, Northern Trust had assets under custody/administration of US$14.8 trillion, and assets under management of US$1.4 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 Launches Alternative Asset Servicing Digitization Initiative

Retrieved on: 
Wednesday, June 30, 2021

As alternative asset classes continue to grow in importance to institutional investors, Northern Trust is committed to driving efficiency and reducing operational risk through the use of emerging technologies, said Pete Cherecwich, President of Corporate & Institutional Services at Northern Trust.

Key Points: 
  • As alternative asset classes continue to grow in importance to institutional investors, Northern Trust is committed to driving efficiency and reducing operational risk through the use of emerging technologies, said Pete Cherecwich, President of Corporate & Institutional Services at Northern Trust.
  • Northern Trust has more than US$1.6 trillion in alternative assets under custody and administration (as of December 31, 2020) and processes more than 1.5 million alternative asset documents each year.
  • The proprietary document capture tool is the first in a series of releases supporting Northern Trusts strategy to harness emerging technologies to digitize alternative asset servicing, a growing sector of its asset servicing business.
  • 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.

Northern Trust Surpasses $1 Trillion in Defined Contribution Assets Under Custody and Administration

Retrieved on: 
Thursday, June 17, 2021

New business from large corporate and public retirement plans has boosted Northern Trusts defined contribution (DC) global assets under custody and administration past $1 trillion, as companies and government entities focus on retirement security for employees.

Key Points: 
  • New business from large corporate and public retirement plans has boosted Northern Trusts defined contribution (DC) global assets under custody and administration past $1 trillion, as companies and government entities focus on retirement security for employees.
  • Northern Trust has more than 140 global DC clients, now with over $1.4 trillion in assets (as of March 31, 2021).
  • Northern Trust provides a range of services for defined contribution plans, including daily valuation, multi-manager unitization, integration of DB and DC plan operations, and performance measurement.
  • As of March 31, 2021, Northern Trust had assets under custody/administration of US$14.8 trillion, and assets under management of US$1.4 trillion.

Northern Trust Partners with 3D to Support Asset Managers’ Fund Distribution Oversight

Retrieved on: 
Thursday, June 17, 2021

Northern Trust (Nasdaq: NTRS) has entered into an agreement with Distributor Due Diligence (3D) to support its asset manager clients with key elements of how they oversee distribution of their funds to investors.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) has entered into an agreement with Distributor Due Diligence (3D) to support its asset manager clients with key elements of how they oversee distribution of their funds to investors.
  • Steve Bennett, co-founder of 3D, comments: We are excited to be working with Northern Trust on Network Monitor.
  • Distributor Due Diligence (3D) enable fund managers and intermediaries to conduct due diligence on the global distributors of their funds.
  • 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.

Northern Trust Strengthens South Florida Wealth Management Team

Retrieved on: 
Wednesday, June 16, 2021

He will report to Alexander P. Adams, South Florida President at Northern Trust.

Key Points: 
  • He will report to Alexander P. Adams, South Florida President at Northern Trust.
  • He is an industry veteran who will leverage his extensive connectivity in South Florida to elevate our wealth management team and deliver exceptional solutions to our clients, said Adams.
  • 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 Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals.

Northern Trust Switzerland Extends Capabilities with Depotbank Licence

Retrieved on: 
Tuesday, June 15, 2021

Wim van Ooijen, head of Northern Trust in Switzerland, said: Were pleased to continue to expand our local capabilities, demonstrating our commitment to this strategically important market.

Key Points: 
  • Wim van Ooijen, head of Northern Trust in Switzerland, said: Were pleased to continue to expand our local capabilities, demonstrating our commitment to this strategically important market.
  • Wiegmann joined Northern Trust Switzerland in September 2020 from RBC Investor & Treasury Services.
  • Northern Trust Switzerland is licensed as a branch of Northern Trust Global Services SE, an EU credit institution domiciled in Luxembourg and a wholly owned subsidiary of The Northern Trust Company.
  • As of March 31, 2021, Northern Trust had assets under custody/administration of US$14.8 trillion, and assets under management of US$1.4 trillion.

Northern Trust Corporation to Webcast Second Quarter 2021 Earnings Conference Call

Retrieved on: 
Monday, June 14, 2021

Northern Trust Corporation announced today that it will webcast its second quarter 2021 earnings conference call live on Wednesday, July 21, 2021.

Key Points: 
  • Northern Trust Corporation announced today that it will webcast its second quarter 2021 earnings conference call live on Wednesday, July 21, 2021.
  • The webcast, the earnings press release and related presentation materials will be accessible on Northern Trusts website .
  • The call will be conducted at 9:00 a.m. CT, following the release that morning of Northern Trusts second quarter 2021 earnings press release.
  • As of March 31, 2021, Northern Trust had assets under custody/administration of US$14.8 trillion, and assets under management of US$1.4 trillion.

Northern Trust Appoints Managing Director in New York

Retrieved on: 
Friday, June 11, 2021

Dempseys primary focus will be on connecting Northern Trust with firms and their principals, and introducing new relationships to the breadth of investment management and advisory resources available at Northern Trust.

Key Points: 
  • Dempseys primary focus will be on connecting Northern Trust with firms and their principals, and introducing new relationships to the breadth of investment management and advisory resources available at Northern Trust.
  • The needs of our clients are ever evolving, said Henry P. Johnson, President of Northern Trust Wealth Management in the Eastern U.S. Tom is a trusted advisor, highly-skilled director, and proven leader.
  • As of March 31, 2021, Northern Trust had assets under custody/administration of $14.8 trillion, and assets under management of $1.4 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.