Northern Trust Corporation, holding company of The Northern Trust Company, today declared a quarterly cash dividend of $0.33 per share on its common stock ($1.66-2/3 par value), an increase of $0.02 per share from the $0.31 declared on January 21, 2014. The dividend is payable on July 1, 2014 to stockholders of record on June 6, 2014.
To help its Dutch pension fund clients meet the Financieel ToetsingsKader (FTK) regulations set out by the Dutch National Bank, Northern Trust (Nasdaq: NTRS) has enhanced its investment statement reporting solutions.
Arle Capital Partners Limited (Arle), has appointed Northern Trust (Nasdaq: NTRS) to provide private equity fund administration to two of its funds (Candover 2005 and 2008), which have total assets under management of approximately 2 billion (approximately US$2.75 billion).
Investment managers expect further growth in the U.S. economy and do not expect that problems in emerging markets will spread to developed markets, according to a quarterly survey conducted by Northern Trust.
Defined Contribution (DC) plan participants reduced their holdings in fixed income and increased allocations to U.S. small-cap and mid-cap equities in 2013, while target date funds continued their steady climb as a top asset class, according to the second annual edition of Northern Trusts Defined Contribution Tracker.
Northern Trust (Nasdaq: NTRS) announced today it will issue a Request for Information (RFI) on Wednesday, April 9, 2014 to identify equity and fixed-income emerging broker-dealers to provide trade execution services for its multi-asset class investment management business, Northern Trust Asset Management.
Northern Trust donated nearly $14 million in corporate contributions last year, and employees reported volunteering approximately 120,000 hours in support of not-for-profit organizations around the world. The corporation invested 1.3 percent of annual pre-tax profits into the communities in which its employees work and live, which places Northern Trust among the top financial institutions and exceeds most Fortune 500 companies, according to Giving in Numbers: 2013 Edition by CECP, in association with ...
Northern Trust is pleased to announce that Kelly R. Welsh, Executive Vice President, General Counsel and a member of the Management Group since 2000, has been confirmed by the United States Senate to serve as General Counsel, Department of Commerce, and will resign effective Friday, April 4, to assume his new responsibilities.