STOCK TITAN

Northern Trust Creates New Leadership Role within Digital Assets and Financial Markets Group

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Northern Trust has appointed Michael Buzza as the new global head of Network Management & Market Strategy. Buzza, who has 16 years of experience at the company, previously led EMEA Market Advocacy and Innovation Research. His new role will involve overseeing market access and insights in traditional securities services, alongside developing capabilities in digital assets. Justin Chapman, head of Digital Assets and Financial Markets, emphasized that Buzza's expertise will enhance both traditional and digital market strategies.

Positive
  • Michael Buzza's extensive experience at Northern Trust will guide strategic market initiatives.
  • The appointment is expected to strengthen relationships in traditional and digital markets.
Negative
  • None.

CHICAGO & LONDON--(BUSINESS WIRE)-- Northern Trust (Nasdaq: NTRS) today announced the appointment of Michael Buzza as global head of Network Management & Market Strategy. Buzza, previously EMEA head of Market Advocacy and Innovation Research, will oversee the teams dedicated to providing market access and insights across the traditional securities services markets within the Digital Assets and Financial Markets group.

Justin Chapman, global head of Digital Assets and Financial Markets, commented, “Michael’s role will be key to the ongoing management of our market-facing relationships across both traditional and digital markets. His wealth of experience across risk management, commercial partnerships and financial markets will also accelerate the development of our traditional and digital asset capability roadmaps.”

Over the course of 16 years at Northern Trust, Buzza has previously led strategic agent bank provider selection and was instrumental in a strategic investment in Zodia Custody, an institutional-grade cryptoasset custody solution created in conjunction with Standard Chartered.

Northern Trust announced the formation of its Digital Assets and Financial Markets Group in June 2022, unifying its digital and traditional market functions across its Asset Servicing business, which provides Whole Office™ solutions to institutional asset managers and asset owners around the globe.

About Northern Trust
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. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 22 U.S. states and Washington, D.C., and across 23 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2022, Northern Trust had assets under custody/administration of US$13.7 trillion, and assets under management of US$1.3 trillion. For more than 130 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Please visit our website or follow us on Twitter.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Please read our global and regulatory information.

# # #

Europe, Middle East, Africa & Asia-Pacific:

Camilla Greene

+44 (0) 20 7982 2176

Camilla_Greene@ntrs.com

Marcel Klebba

+44 (0) 20 7982 1994

Marcel_Klebba@ntrs.com

US & Canada:

John O’Connell

+1 312 444 2388

John_O’Connell@ntrs.com

Source: Northern Trust

FAQ

Who is the new global head of Network Management at Northern Trust?

Michael Buzza has been appointed as the new global head of Network Management & Market Strategy at Northern Trust.

What are Michael Buzza's responsibilities at Northern Trust?

He will oversee teams that provide market access and insights in the Digital Assets and Financial Markets group.

What experience does Michael Buzza bring to Northern Trust?

Buzza has 16 years of experience at Northern Trust, having previously led EMEA Market Advocacy and Innovation Research.

When was the Digital Assets and Financial Markets Group formed?

The Digital Assets and Financial Markets Group was formed in June 2022.

Northern Trust Corp

NASDAQ:NTRS

NTRS Rankings

NTRS Latest News

NTRS Stock Data

22.08B
196.77M
0.61%
86.82%
0.9%
Asset Management
State Commercial Banks
Link
United States of America
CHICAGO