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.
Northern Trust (Nasdaq: NTRS) has been appointed by the Dutch pension scheme, Stichting Pensioenfonds Openbare Bibliotheken (POB), to deliver global custody and compliance monitoring services. POB, established in 1957, manages approximately
Northern Trust Corporation (NASDAQ: NTRS) announced that it will webcast its Q1 2023 earnings conference call on April 25, 2023, at 8:00 a.m. (CT). The earnings press release and related materials will be accessible on Northern Trust’s website. A replay will be available for approximately four weeks post-call. Northern Trust, founded in 1889 in Chicago, manages assets totaling US$13.6 trillion under custody and US$1.2 trillion under management.
Northern Trust (Nasdaq: NTRS) has been chosen by South Shore Regional Centre for Education (SSRCE) and Tri-County Regional Centre for Education (TCRCE) to deliver custody and benefit payment services for their CUPE Staff and Support Staff defined benefit pension plans. SSRCE oversees 26 schools, while TCRCE manages 23 schools across Nova Scotia. Northern Trust impressed the boards with its extensive experience in managing complex pensions in Canada. Executives expressed enthusiasm for supporting the educational sector's pension needs, highlighting Northern Trust's long-standing expertise in this area.
Northern Trust announces its third annual Wealth Planning Symposium, a virtual event on April 27, featuring keynote speakers Barbara Pierce Bush and Lauren Bush. The event aims to explore innovative strategies in wealth management amidst ongoing economic challenges. Attendees can earn up to six continuing education credits. The symposium, themed 'The Power of Resilience', focuses on preparing families and advisers to adapt to market uncertainties. With $351.4 billion in assets under management as of December 31, 2022, Northern Trust continues to lead in wealth management services.
Northern Trust (Nasdaq: NTRS) announced a decade-long commitment, donating over $165 million to non-profits, with $19 million in 2022 alone, assisting food security, housing, healthcare, and education initiatives. Employees contributed beyond 1 million volunteer hours in the last ten years, with a significant uptick during the "Achieving Greater Together" campaign, where participation surged 150%. Key partnerships include support for La Casa Norte for housing, East End Community Foundation for education, and Bangalore Medical Services Trust for healthcare access, enhancing community well-being and financial stability.
Northern Trust (NASDAQ: NTRS) has partnered with Redwheel to enhance ESG data management through a new data aggregation tool developed by Equity Data Science. This collaboration aims to improve ESG data accessibility and integration within Redwheel's investment processes, which currently manages approximately US$19 billion.
The tool enables Redwheel's investment teams to monitor and analyze ESG data more efficiently, enhancing decision-making capabilities. This move aligns with the growing emphasis on ESG considerations in investment strategies and supports Northern Trust's strategy of providing comprehensive asset management solutions.
Northern Trust has announced the appointment of Beth Opperman as President of the Southwest and Rocky Mountain regions. In her new role, she will lead teams dedicated to serving high-net-worth clients across Arizona, Colorado, Nevada, and Texas. With nearly 30 years in wealth management, Opperman previously headed Trust Advisory Services at Wells Fargo, emphasizing exceptional client experiences. Her leadership aims to enhance Northern Trust's Wealth Management division, which manages $351.4 billion as of December 31, 2022. The firm is recognized for delivering innovative and comprehensive wealth solutions.
Northern Trust (NASDAQ: NTRS) has donated over $165 million in the past decade to non-profits, including $19 million in 2022. The donations focus on food security, affordable housing, healthcare, and education. Employees provided over 1 million hours of volunteer service, with a significant uptick in participation during the global month of service in October. Notable initiatives include support for La Casa Norte for housing, East End Community Foundation for education, and Bangalore Medical Services Trust for healthcare. For more details, refer to their 2022 Philanthropic Impact Report.
Northern Trust (Nasdaq: NTRS) has partnered with SimCorp to enhance data integration for clients using the SimCorp Dimension platform. This collaboration is part of Northern Trust's Whole Office™ strategy to streamline investment management processes. The integration will automate custody data file exchanges via two methods: direct file delivery and cloud-based Asset Service Hub. This partnership aims to improve data transfer efficiency and meet client demands for technological integration, particularly in the Middle East and Nordics. Northern Trust manages assets totaling $13.6 trillion under custody and $1.2 trillion under management.
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