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Northern Trust Corp - NTRS STOCK NEWS

Welcome to our dedicated page for Northern Trust news (Ticker: NTRS), a resource for investors and traders seeking the latest updates and insights on Northern Trust stock.

Northern Trust Corporation (NASDAQ: NTRS) is a prominent provider of wealth management, asset servicing, asset management, and banking services to corporations, institutions, affluent families, and individuals. Founded in Chicago in 1889, Northern Trust has expanded its presence globally with offices in 20 U.S. states and Washington, D.C., as well as 23 international locations in Canada, Europe, the Middle East, and the Asia-Pacific region.

As of December 31, 2023, Northern Trust boasts assets under custody or administration of $15.4 trillion and assets under management amounting to $1.4 trillion. This impressive portfolio underscores Northern Trust’s status as a leader in the financial services industry, renowned for its exceptional service, financial expertise, integrity, and continuous innovation over more than 125 years.

Northern Trust is committed to providing comprehensive financial solutions that meet the diverse needs of its clients. Its wealth management services include investment management, trust and estate planning, and private banking. The asset servicing division offers custody, fund administration, and middle office outsourcing for institutional clients. Additionally, Northern Trust’s asset management division delivers a broad range of investment solutions designed to meet the financial objectives of institutional and individual investors.

Recent achievements highlight Northern Trust's ongoing commitment to innovation and inclusivity. For instance, the Northern Trust Ireland team recently hosted the Guidance and Industry Network (GaIN) event, focusing on modern-day recruitment campaigns and inclusive hiring strategies. Moreover, Northern Trust sponsored the Black Professionals & Leaders Dinner at Arizona State University, supporting efforts to bridge the gap between black undergraduate students and professionals.

Northern Trust’s dedication to diversity and community engagement is evident through its partnerships with organizations like Dublin City University and the 30% Club Ireland, aiming to achieve better gender balance for enhanced business outcomes. The firm continues to invest in talent development, offering various career opportunities and fostering a collaborative, team-oriented environment.

For those looking to invest, Northern Trust represents a stable and innovative option within the financial services sector, with a strong track record of adapting to market changes and maintaining long-term client relationships. Stay updated with the latest news and developments from Northern Trust to make informed investment decisions.

Latest News:

  • January 23, 2024 - Northern Trust hosted the GaIN event in Ireland, in collaboration with Dublin City University, focusing on career guidance and inclusive hiring strategies.
  • February 9, 2024 - Northern Trust sponsored the Black Professionals & Leaders Dinner at Arizona State University, bridging the gap between students and professionals.
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Northern Trust Corporation's CFO and President of Asset Servicing to participate in RBC 2024 Capital Markets Conference in New York City. The event will be live webcasted on March 6th, 2024, at 4:00 p.m. (ET).
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The final quarter of 2023 saw a strong rally in financial markets, with the median return for institutional asset owners in the Northern Trust All Funds Over $100 million plan universe at 7.3% for the quarter ending December 31, 2023. The Northern Trust Universe tracks the performance of 406 large U.S. institutional investment plans, with a combined asset value of more than $1.4 trillion. The U.S. Equity Program universe generated an 8.5% median return for the fourth quarter, and the U.S. Fixed Income program universe median return was 5.3% for the quarter. The U.S. ten-year government bond yield fell from 4.59% to 3.88% during the quarter. The Northern Trust Corporate (ERISA) universe median return for the quarter was 9.5%, while the Northern Trust Public Funds universe median return was 6.4%, and the Northern Trust Foundation and Endowment (F&E) universe produced a 5.5% median return. The median one-, three- and five-year returns for the ERISA, Public Funds, and Foundations & Endowments universes were also provided.
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Northern Trust appoints Clive Bellows as President of Europe, Middle East and Africa, succeeding Teresa Parker, who is retiring after a 42-year career at the company. Bellows will bring his extensive experience in global fund services and private capital business lines to lead the EMEA region, pending regulatory approval.
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Northern Trust Canada Universe reported a median return of 8.4% for Q4 2023, supporting an annual return of 10.0%. Despite early geopolitical tensions, a shift in monetary policy and positive economic fundamentals allowed equity and bond markets to close the year on a strong note. Canadian pension plans focused on complex asset strategies to enhance portfolio diversification and drive long-term sustainability of their investment programs.
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Northern Trust has started its 2024 co-operative student intake, welcoming over 50 students from the University of Limerick and the Technological University of the Shannon. The program aims to develop students' skills in various financial fields over an eight-month period. Dubheasa Forde Murray, the Early Careers Recruitment Consultant for EMEA, expressed enthusiasm for the program, highlighting the company's long-standing relationships with the universities.
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Northern Trust Ireland hosted the Guidance and Industry Network (GaIN) event, bringing professionals from career guidance and industry together to share knowledge and ideas. The event aimed to foster collaboration and innovation in the industry.
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Northern Trust Asset Management (NTAM) has announced the addition of Milan Vidojevic and Bart van Vliet to its international quantitative solutions team, further expanding its footprint in the global investment management space. With a focus on developing tailored investment strategies for institutional clients, NTAM continues to strengthen its team with individuals holding extensive experience in factor investing and quantitative portfolio management.
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Northern Trust partners and the Obama Foundation celebrated Dr. Martin Luther King Jr's legacy by packing 11,436 pounds of apples, which will go towards making 13,423 meals at the Greater Chicago Food Depository.
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Northern Trust (Nasdaq: NTRS) has been selected by UK wealth manager True Potential to service GBP26 billion of assets under management. The appointment includes providing asset servicing solutions such as fund accounting, custody, depositary, and transfer agency services to True Potential's open-ended investment company (OEIC) UK-domiciled fund range. True Potential, founded in 2007 and headquartered in Newcastle, UK, is a platform operator, investment manager, pension operator, and administrator providing investment products and technology to more than 1.4 million private clients. The appointment aims to support True Potential's focus on innovative investor servicing, product distribution, and operational efficiency. Northern Trust's open architecture-approach to developing its technology platform helps integrate smoothly with True Potential's operating model, meeting its requirements for speed, agility, and insight in servicing investors.
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Northern Trust launches suite of post-trade analytics services providing insight into ESG and climate-risk exposure. The reporting service offers a quantitative method for measuring ESG factors, focusing on climate risk exposures aligned to the TCFD framework. Clients can evaluate the relative performance impact of ESG factors on their portfolios, programs, and policy statements. Multiple product initiatives are in progress to integrate additional ESG and climate data into the analytics and reporting platforms.
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FAQ

What is the current stock price of Northern Trust (NTRS)?

The current stock price of Northern Trust (NTRS) is $109.46 as of November 22, 2024.

What is the market cap of Northern Trust (NTRS)?

The market cap of Northern Trust (NTRS) is approximately 22.1B.

What does Northern Trust Corporation do?

Northern Trust provides wealth management, asset servicing, asset management, and banking services to corporations, institutions, affluent families, and individuals.

When was Northern Trust founded?

Northern Trust was founded in 1889 in Chicago.

How extensive is Northern Trust’s global presence?

Northern Trust has offices in 20 U.S. states and Washington, D.C., as well as 23 international locations in Canada, Europe, the Middle East, and the Asia-Pacific region.

What are the current assets under custody and management for Northern Trust?

As of December 31, 2023, Northern Trust has $15.4 trillion in assets under custody or administration and $1.4 trillion in assets under management.

What recent events has Northern Trust been involved in?

Recently, Northern Trust hosted the GaIN event in Ireland focusing on inclusive hiring and career guidance, and sponsored the Black Professionals & Leaders Dinner at Arizona State University.

What makes Northern Trust a leader in the financial services industry?

Northern Trust is recognized for its exceptional service, financial expertise, integrity, and continuous innovation over more than 125 years.

What kind of clients does Northern Trust serve?

Northern Trust serves corporations, institutions, affluent families, and individuals with comprehensive financial solutions.

How does Northern Trust support diversity and community engagement?

Northern Trust partners with organizations like Dublin City University and the 30% Club Ireland to promote gender balance and supports events like the Black Professionals & Leaders Dinner.

What services does Northern Trust’s wealth management division offer?

Northern Trust’s wealth management services include investment management, trust and estate planning, and private banking.

What is Northern Trust’s commitment to career development?

Northern Trust offers various career opportunities, fostering a collaborative and team-oriented environment, and investing in talent development.

Northern Trust Corp

Nasdaq:NTRS

NTRS Rankings

NTRS Stock Data

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