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 Corporation (NTRS) announced its fourth quarter 2021 financial results, showcasing its strong presence in wealth management and asset services. As of December 31, 2021, the company reported assets under custody/administration totaling US$16.2 trillion and assets under management of US$1.6 trillion. A webcast of the earnings conference call is scheduled for January 20, 2022, at 11:00 a.m. CT, accessible via the company’s investor relations page.
Northern Trust Corporation (NASDAQ: NTRS) has declared a quarterly cash dividend of $0.70 per common stock share, payable on April 1, 2022. Record holders by 5:00 p.m. CT on March 11, 2022 will qualify. Additionally, the company announced dividends for preferred stock: $2,300.00 for Series D and $293.75 for Series E, payable on April 1, 2022 to holders recorded by 5:00 p.m. CT on March 15, 2022.
The Northern Trust Institute has released its annual Wealth Planning Outlook report titled Wealth, Redefined. This 2022 report addresses societal shifts post-COVID-19, influencing wealth planning strategies. Key topics include reinventing retirement, managing tax uncertainties, aligning investments with personal values, preparing for disability, and protecting digital assets. With a focus on adapting to these changes, wealth owners are encouraged to take proactive steps towards meaningful financial planning. Northern Trust continues to position itself as a leader in wealth management with $372.9 billion in assets under management as of September 30, 2021.
Northern Trust Asset Management has appointed Alan Keating to lead its Dublin-based UCITS management company. With
Northern Trust Corporation (NTRS) will host a live webcast of its fourth quarter 2021 earnings call on January 20, 2022, at 11:00 a.m. (CT). Investors can access the earnings press release and related materials through Northern Trust’s website. As of September 30, 2021, Northern Trust reported assets under custody/administration of US$15.8 trillion and assets under management of US$1.5 trillion.
Northern Trust announced a collaboration with Accelex, enhancing its capabilities in handling unstructured data related to alternative investments. This partnership aims to provide asset owners with improved insights by leveraging Accelex's technology, which automates data extraction from complex investment documents. With this integration, Northern Trust seeks to assist clients in better investment decision-making by offering more granular data and timely insights, thereby continuing its initiative to digitize alternative asset servicing.
Northern Trust, a leading global asset manager, projects strong earnings growth and stable interest rates facilitating sustainable economic growth in 2022. The firm emphasizes an overweight position in risk assets, including developed market equities, high yield bonds, and natural resources, suggesting equity returns will be comparable across major regions. Expected returns are 11% for Japan, 9% for the US and emerging markets, and 8% for Europe. High yield bonds are notably favored, expected to return 9% in 2022, outperforming investment grade bonds and cash.
Northern Trust Wealth Management has appointed John Donahoo as Senior Managing Director for the Northeast Florida market. With over 25 years of experience, Donahoo will guide a team focused on serving high net worth families, endowments, and foundations. This region is vital for Northern Trust, which has operated in Florida for 50 years. Prior to this role, Donahoo worked at Wells Fargo and U.S. Trust/Bank of America. Northern Trust manages
Northern Trust has enhanced its ESG investment analytics with the launch of the Climate Focus Report, providing institutional investors access to vital climate risk metrics. This report integrates various carbon metrics and aligns with the Task Force on Climate-related Financial Disclosures (TCFD) recommendations. The service aims to help clients meet oversight and disclosure obligations, particularly for pension funds assessing climate risks. Northern Trust manages over US$9 trillion in assets, reinforcing its industry position.
Northern Trust (NASDAQ: NTRS) has been appointed as the fund administrator and global custodian for BlueBox Asset Management's Global Technology Fund, which has surpassed
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