Northern Trust Logo

Press Release Archive

  • Northern Trust Announces Senior Leadership Changes to Trust & Advisory and Banking Practices
    January 23, 2019

    Northern Trust announced today changes that will build on its Wealth Management fiduciary, advisory and banking expertise while helping drive a business strategy designed for contemporary and future needs.
  • Northern Trust Announces Increased Quarterly Dividend on Common Stock
    January 22, 2019

    Northern Trust Corporation (Nasdaq: NTRS), holding company of The Northern Trust Company, has declared a quarterly cash dividend of $0.60 per share on its common stock ($1.66-2/3 par value), payable on April 1, 2019, to holders of record at 5:00 p.m., Chicago time, on March 8, 2019. The dividend represents a 9 percent increase from the prior quarterly rate of $0.55 per share, and results in an annualized dividend rate of $2.40, compared with the prior annualized rate of $2.20.
  • Northern Trust Names Marcy Klevorn, Bobby Mehta to Board
    January 22, 2019

    Northern Trust Corporation (Nasdaq: NTRS) announced today that two new members have been elected to its board of directors: Marcy Klevorn, executive vice president and president, Mobility, at Ford Motor Company; and Siddharth “Bobby” Mehta, former president and chief executive officer of TransUnion.
  • Northern Trust Recognized for Commitment to Advancement of Women in Workplace
    January 16, 2019

    Northern Trust has been recognized as one of a select group of companies for the 2019 Bloomberg Gender-Equality Index (GEI), which distinguishes companies committed to transparency in gender reporting and advancing women’s equality.
  • Family Offices See Private Equity as Key to Future Returns, Study Finds
    January 9, 2019

    Private and public equity allocations drove strong returns for family offices over the past three years, according to a new report released by Northern Trust Global Family Office and Private Investment Offices Group (GFO) and the Wharton Global Family Alliance (GFA). Year-over-year, capital allocations to public equity and private equity have increased, while allocations to fixed income and hedge funds declined.
  • Northern Trust 2019 Outlook Sees No Recession in Developed Markets and Global Growth Continuing
    January 3, 2019

    Despite the global economic slowdown, U.S. monetary policy tightening, and trade tensions introducing further risks to a slowing China, Northern Trust, a leading global asset manager with $1.1 trillion in assets under management, does not foresee a recession in developed markets in 2019. Instead, the firm expects the global economic expansion to continue, albeit at a slower pace, similar to other parts of the world.
  • Northern Trust Raises Prime Rate
    December 19, 2018

    The Northern Trust Company has increased its prime rate from 5.25% to 5.50%, effective Thursday, December 20, 2018.
  • Northern Trust Corporation to Webcast Fourth Quarter 2018 Earnings Conference Call
    December 19, 2018

    Northern Trust Corporation announced today that it will webcast its fourth quarter 2018 earnings conference call live on Wednesday, January 23, 2019.
  • Northern Trust Hedge Fund Services Launches Reconciliations Dashboard
    December 19, 2018

    Northern Trust Hedge Fund Services (NTHFS) today announced the launch of Rec Dashboard, an enhanced reporting tool that improves efficiency in account reconciliation. The dashboard provides a comprehensive, real-time view of breaks and reconciliations in trade activity between NTHFS clients and other institutions.
  • Northern Trust Strategic Focus on Insurance Solutions Leads to Growth
    December 18, 2018

    Northern Trust announced today that its Insurance Solutions business has added 22 clients with approximately $65 billion in assets over the past two years, driven by rising demand for outsourcing and success with competitive bidding for large mandates.