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 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.
Northern Trust Corporation (NASDAQ: NTRS) will host a live webcast of its third quarter 2022 earnings conference call on October 19, 2022, at 9:00 a.m. (CT). The earnings press release and related materials will be available on Northern Trust’s website.
The webcast replay will be accessible for four weeks post-event.
Northern Trust has appointed Michael Cklamovski as Senior Managing Director and President of the Northern California region, based in San Francisco. Cklamovski will lead the Wealth Management business in the Bay Area, focusing on enhancing client experience. With a background as West Region Market Executive at CIBC Private Bank, he brings extensive experience in private banking. Northern Trust ranks among the top 10 U.S. wealth managers, managing
Northern Trust has appointed Curtiss Smith as the new President of the Phoenix Region. In this role, Smith will enhance client service and drive growth in Northern Trust Wealth Management. Previously, he served as Senior Banking Director in Arizona, Nevada, and Colorado. Smith, the first native Phoenician to lead this office, has extensive market knowledge and leadership experience. Under his guidance, the firm aims to continue its excellence in serving high net worth families and business owners in the region.
Northern Trust's Capital Market Assumptions (CMA) Report predicts global private equity will yield a leading 9.6% in annualized returns over five years, with U.K. and global high yield equities trailing closely at 7.5% each. However, the global growth environment is expected to slow to 2.6% per year. The report highlights six themes affecting investment returns, including Slow Growth Transitions and Inflation Recalibration. It forecasts modest returns below long-term averages, driven largely by challenges in developed markets.
Northern Trust (NASDAQ: NTRS) has announced the formation of a new Capital Markets Client Solutions team to enhance service offerings for asset managers and asset owners. The team, consisting of over 500 specialists, will provide integrated solutions across equities, fixed income, and derivatives. Key appointments include Glenn Poulter as global head of Integrated Trading Solutions and Gerard Walsh as global head of client solutions for Capital Markets. This strategic move is aimed at addressing rising industry demand for comprehensive transaction solutions amidst evolving economic and regulatory challenges.
Northern Trust Corporation announced participation in the Barclays Global Financial Services Conference on September 12, 2022, at 11:15 a.m. (ET). CFO Jason Tyler and Wealth Management President David W. Fox, Jr. will represent the firm. A live webcast will be available on Northern Trust's website in the investor relations section, with a replay accessible for four weeks post-event.
As of June 30, 2022, Northern Trust managed assets of US$1.3 trillion and had US$13.7 trillion under custody/administration.
Northern Trust has appointed Philip J. Hayes as the West Region Wealth Advisor at the San Francisco office. His role involves delivering technical advice and exceptional service for ultra-high net worth clients, focusing on complex estate and gifting strategies. With a background as Managing Director at Bessemer Trust and Deputy Trust Head at First Republic Trust Company, Hayes brings extensive experience in Trust and Estate Planning. Northern Trust ranks among the top 10 U.S. wealth managers with $352.8 billion in assets under management as of June 30, 2022.
FAQ
What is the current stock price of Northern Trust (NTRS)?
What is the market cap of Northern Trust (NTRS)?
What does Northern Trust Corporation do?
When was Northern Trust founded?
How extensive is Northern Trust’s global presence?
What are the current assets under custody and management for Northern Trust?
What recent events has Northern Trust been involved in?
What makes Northern Trust a leader in the financial services industry?
What kind of clients does Northern Trust serve?
How does Northern Trust support diversity and community engagement?
What services does Northern Trust’s wealth management division offer?
What is Northern Trust’s commitment to career development?
