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.
In Q1 2022, volatility surged in markets, driven by inflation reaching a 40-year high, interest rate hikes by the U.S. Federal Reserve, and geopolitical tensions from Russia's invasion of Ukraine. The median return for institutional asset owners in Northern Trust's universe was -4.4%. The Corporate ERISA universe saw a return of -6.9%, while Public Funds returned -3.4%. Notably, U.S. equity allocations declined, and the median exposure to U.S. fixed income rose to 21.2%. Overall, global market concerns caused significant downturns across various investment universes.
Northern Trust (Nasdaq: NTRS) announced that Shundrawn Thomas, President of Northern Trust Asset Management, will leave the company effective June 1, 2022, to pursue an entrepreneurial venture. Over his 18-year tenure, he held key roles, promoting diversity and sustainable investing. The company expressed appreciation for his leadership and commitment to inclusivity. Northern Trust manages $1.5 trillion in assets and has a strong global presence, focusing on wealth management, asset servicing, and banking.
Northern Trust Corporation (NASDAQ: NTRS) declared a quarterly cash dividend of
Northern Trust Corporation (NTRS) has announced its first quarter 2022 financial results, highlighting a strong performance. The earnings conference call is scheduled for April 26, 2022, at 8:00 a.m. CT, with a recording available post-call. As of March 31, 2022, Northern Trust reported US$15.5 trillion in assets under custody/administration and US$1.5 trillion in assets under management. The company has consistently distinguished itself with exceptional service and integrity in the wealth management and asset servicing sector.
In Q1 2022, Canadian Pension Plans faced significant challenges, with a median return of -6.4% as global markets fluctuated due to geopolitical tensions and supply chain disruptions. The Russian invasion of Ukraine heightened volatility and fueled inflation, impacting investment returns. Despite these hurdles, Canadian equities outperformed, with the S&P/TSX Composite Index rising 3.8%, driven by strong commodity performance. Central banks' responses included interest rate hikes, influencing bond market results, with Canadian bonds declining 7.0%.
Northern Trust has appointed Anne Fitzpatrick Donahue as Senior Managing Director in the New York and Connecticut offices. Her role focuses on leading one of the firm's teams in the Greater New York area, aimed at enhancing client services and accelerating wealth management growth. Donahue brings over 30 years of experience from various leadership roles, including her recent position at People’s United Bank. As of December 31, 2021, Northern Trust managed $416.1 billion in assets.
Northern Trust celebrates its 50-year presence in Florida with a
Northern Trust (Nasdaq: NTRS) has contributed over US$160 million to charitable causes in the past decade, with $18 million donated in 2021 to nearly 1,000 organizations. The company's employees volunteered more than 1 million hours over the same period, supporting key areas like food security, healthcare, housing, and education. Notable initiatives include support for the SOS Children’s Villages in India and the Access Project in England, assisting underprivileged communities globally. The firm emphasizes equitable opportunities for financial success.
Northern Trust Asset Management announced the appointment of Thomas Swaney as Executive Vice President and Co-Head of Fixed Income, overseeing $551 billion in fixed income assets. Swaney joins from Lantern Harbor Investment Partners and has extensive experience with firms like J.P. Morgan and Morgan Stanley. His role is part of a succession plan as the firm prepares for retiring Colin Robertson. Swaney aims to enhance NTAM's fixed income strategies, particularly in sustainable investing, ensuring they adapt to a rapidly evolving market landscape.
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