Enron scandal

Northern Trust Obtains Hard-to-Find Technical Talent for Business Intelligence Analysis & Decision Making with CAI’s Autism2Work Program

Retrieved on: 
Thursday, March 4, 2021

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    These individuals bring valuable technical abilities to Northern Trust such as business intelligence analytics while also supporting Northern Trusts commitment to diversity, equity and inclusion.
  • Northern Trust is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals.
  • As of December 31, 2020, Northern Trust had assets under custody/administration of US$14.5 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 Announces Wealth Management Leadership Changes

Retrieved on: 
Thursday, February 25, 2021

Pam Lucina, Chief Fiduciary Officer, Trust & Advisory Practice Executive and President of The Northern Trust Institute , and Glenda Pedroso, Banking Practice Executive, will move from National Services to report directly to Northern Trust Wealth Management President Steven L. Fradkin.

Key Points: 
  • Pam Lucina, Chief Fiduciary Officer, Trust & Advisory Practice Executive and President of The Northern Trust Institute , and Glenda Pedroso, Banking Practice Executive, will move from National Services to report directly to Northern Trust Wealth Management President Steven L. Fradkin.
  • Lucino Sotelo has been named Chief Digital Officer for Northern Trust Wealth Management.
  • 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 Corporation to Speak at the RBC Capital Markets Global Financials Conference on March 10th

Retrieved on: 
Monday, February 22, 2021

Northern Trust Corporation announced today that Chief Financial Officer, Jason J. Tyler, will speak at the RBC Capital Markets Global Financials Conference via webcast on Wednesday, March 10, 2021 at 2:40 p.m. (ET).

Key Points: 
  • Northern Trust Corporation announced today that Chief Financial Officer, Jason J. Tyler, will speak at the RBC Capital Markets Global Financials Conference via webcast on Wednesday, March 10, 2021 at 2:40 p.m. (ET).
  • 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 December 31, 2020, Northern Trust had assets under custody/administration of US$14.5 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 Enhances Solutions for Middle East Clients with Sunday to Friday Investment Performance Valuations

Retrieved on: 
Wednesday, February 17, 2021

Northern Trust (Nasdaq: NTRS) today announced it has evolved its Investment Performance reporting services to deliver Sunday to Friday investment returns for clients with Middle East mandates.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) today announced it has evolved its Investment Performance reporting services to deliver Sunday to Friday investment returns for clients with Middle East mandates.
  • Northern Trust can also provide clients with two separate views of their performance for both the Middle Eastern and global working weeks for heightened oversight and transparency.
  • Serge Boccassini, product lead, Investment Accounting and Analytic Solutions at Northern Trust, said: For clients with Middle East mandates, this enhancement provides more granular insights into the factors that drive the performance generated by their investment managers.
  • Northern Trust began servicing clients in the Middle East in 1987 and has seen significant growth across its regional business.

Vape Retailers Put on Notice: Don’t Get Caught Up in Massive Juul Patent Suit

Retrieved on: 
Friday, February 12, 2021

The cease and desist letter demands that stores and chains remove vape products made by Juul and others from their shelves or risk being included in the massive lawsuit already underway for patent infringement.

Key Points: 
  • The cease and desist letter demands that stores and chains remove vape products made by Juul and others from their shelves or risk being included in the massive lawsuit already underway for patent infringement.
  • Yearly revenues for Juul, which is owned by tobacco giant Altria, were $2 billion in 2018 with estimates for 2019 at $3.4 billion.
  • When the suit is done it is expected the final penalty will top infamous cases on the level of the Enron scandal.
  • We dont want innocent retailers to get swept up in this, said Rudy Delarenta, SVP of Sales and Marketing for Swissx.

Northern Trust Establishes Branch in Oslo, Norway

Retrieved on: 
Tuesday, February 9, 2021

The Oslo office will be established as a branch of Northern Trust Global Services SE, an EU credit institution and a wholly owned subsidiary of The Northern Trust Company, and will offer onshore depositary services to Norwegian asset managers and asset owners.

Key Points: 
  • The Oslo office will be established as a branch of Northern Trust Global Services SE, an EU credit institution and a wholly owned subsidiary of The Northern Trust Company, and will offer onshore depositary services to Norwegian asset managers and asset owners.
  • Northern Trust has serviced clients in the Nordic region since 1991 and first opened its Stockholm office in 2009.
  • As of December 31, 2020, Northern Trust had assets under custody/administration of US$14.5 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 Asset Management Launches Ultra-Short Sterling ESG Strategy

Retrieved on: 
Thursday, January 28, 2021

We are pleased to expand our range of solutions to better support investors income and liquidity requirements, said Peter Yi, head of global short duration portfolio management at Northern Trust Asset Management.

Key Points: 
  • We are pleased to expand our range of solutions to better support investors income and liquidity requirements, said Peter Yi, head of global short duration portfolio management at Northern Trust Asset Management.
  • Northern Trust Asset Management understands that when it comes to cash one size doesnt fit all, said Marie Dzanis, head of Northern Trust Asset Management, EMEA.
  • 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 and investment personnel of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company.
  • 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 Asset Management Launches Climate Aware Emerging Market Index Strategy

Retrieved on: 
Friday, January 22, 2021

Northern Trust Asset Management, one of the worlds leading investment managers, continues to expand its sustainability solutions with the launch of a unique, sustainable emerging market green transition index strategy, with climate change considerations as a cornerstone.

Key Points: 
  • Northern Trust Asset Management, one of the worlds leading investment managers, continues to expand its sustainability solutions with the launch of a unique, sustainable emerging market green transition index strategy, with climate change considerations as a cornerstone.
  • Northern Trust Asset Management is a global investment manager that helps investors navigate changing market environments, so they can confidently realize their long-term objectives.
  • 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 and investment personnel of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company.
  • 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 Declares Quarterly Dividends on Common and Preferred Stock

Retrieved on: 
Wednesday, January 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 April 1, 2021, to holders of record at 5:00 p.m., Chicago time, on March 12, 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 April 1, 2021, to holders of record at 5:00 p.m., Chicago time, on March 12, 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 September 30, 2020, Northern Trust had assets under custody/administration of US$13.1 trillion, and assets under management of US$1.3 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.

Latham Adds Another Proven Litigator to its Market-Leading Litigation & Trial Practice

Retrieved on: 
Tuesday, January 5, 2021

LOS ANGELES, Jan. 5, 2021 /PRNewswire/ -- Latham & Watkins LLP1 is pleased to announce that Steven Feldman has joined as a partner in the Litigation & Trial Department and member of the Complex Commercial Litigation Practice.

Key Points: 
  • LOS ANGELES, Jan. 5, 2021 /PRNewswire/ -- Latham & Watkins LLP1 is pleased to announce that Steven Feldman has joined as a partner in the Litigation & Trial Department and member of the Complex Commercial Litigation Practice.
  • Sean Berkowitz, Global Chair of the Complex Commercial Litigation Practice said, "Steve is a fantastic addition to our practice.
  • Latham & Watkins works in cooperation with the Law Office of Salman M. Al-Sudairi in the Kingdom of Saudi Arabia.
  • Michele Johnson, Global Chair of the Litigation & Trial Department, +1.714.540.1235
    Sean Berkowitz, Global Chair of the Complex Commercial Litigation Practice, +1.312.777.7016
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