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Press Release Archive

  • Northern Trust Survey: Managers View U.S. Equity Valuations as Stretched, Expect Volatility to Increase
    July 20, 2017

    Investment managers expect the U.S. economy to remain stable but view U.S. equity valuations as expensive, according to the Northern Trust Asset Management quarterly Investment Manager Survey of approximately 100 investment firms, which was conducted June 7-22, 2017.
  • Northern Trust Names Head of Continental Europe and Announces Creation of EU Bank
    July 19, 2017

    Northern Trust (Nasdaq: NTRS) has appointed David Wicks as head of continental Europe, subject to regulatory approval. The appointment underscores Northern Trust’s continued strategic focus and growth across the region. Additionally, Northern Trust will create an EU-banking presence in Luxembourg, further establishing its commitment to the region.
  • Northern Trust Announces Increased Quarterly Dividend and Stock Repurchase Authorization
    July 18, 2017

    Northern Trust Corporation (Nasdaq: NTRS), holding company of The Northern Trust Company, has declared a quarterly cash dividend of $0.42 per share on its common stock ($1.66-2/3 par value), payable on October 1, 2017, to holders of record at 5:00 p.m., Chicago time, on September 1, 2017. The dividend represents a more than 10 percent increase from the prior quarterly rate of $0.38 per share, and will result in an expected annual dividend rate of $1.68, compared with the prior annual rate of $1.52.
  • GuideStone Selects Northern Trust for Mutual Fund Services
    July 18, 2017

    Northern Trust announced today it has been selected to provide fund accounting, fund administration and global custody services for GuideStone Funds, a fund complex with more than $11 billion in assets under management.
  • Northern Trust Appoints Managing Director and Senior Wealth Strategist for New York and Florida
    July 17, 2017

    Northern Trust announced today that Lisa Marcus has joined the company as Managing Director and Senior Wealth Strategist. Marcus will be responsible for building and developing investment and trust relationships with individuals, families and foundations, with a particular focus on the ultra-high-net-worth market in Greater New York and Florida. She will report to Stephanie Goforth, Senior Vice President, East Region Sales and Marketing, Wealth Management.
  • Northern Trust Announces Leadership Changes
    July 17, 2017

    Northern Trust Corporation (Nasdaq: NTRS) announced today that Stephen N. Potter, President of Northern Trust Asset Management, will be appointed as Vice Chairman with responsibilities including oversight of key strategic initiatives and the development of select clients and prospects around the globe. Succeeding Potter as the President of Asset Management is Shundrawn A. Thomas, currently Head of Funds and Managed Accounts Group. Both changes are effective October 1.
  • PLSA Announces Northern Trust Asset Management as New Partner for Diversity Initiative
    July 17, 2017

    The Pensions and Lifetime Savings Association (PLSA) has announced Northern Trust Asset Management as the headline partner in the Association’s diversity initiative, Breaking the Mirror Image. The initiative aims to encourage greater diversity on trustee boards and across the pensions industry as a whole.
  • Northern Trust Bolsters Institutional Sales and Client Service Teams
    July 12, 2017

    Northern Trust has made a series of senior appointments across its institutional client service and business development teams around the globe.
  • Northern Trust Announces Federal Reserve’s Review of its 2017 Capital Plan
    June 28, 2017

    Northern Trust Corporation today announced that the Federal Reserve did not object to its 2017 Capital Plan.
  • Northern Trust Discloses Dodd-Frank Act Stress Test Results
    June 22, 2017

    Northern Trust Corporation (Nasdaq: NTRS) today disclosed the results of its company-run stress test under the severely adverse scenario provided by the Board of Governors of the Federal Reserve System for the 2017 Comprehensive Capital Analysis and Review. Northern Trust, as with other companies covered by the provisions of Section 165 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, is required to conduct company-run stress tests semi-annually and to disclose summary results of its company-run stress test under the severely adverse scenario.