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Northern Trust Newsroom

View from our Experts

Recent articles, multimedia or perspectives from our experts below. For information about a specific topic, see media contacts below.

Wouter Sturkenboom

The European Central Bank announced aggressive moves last week to fight slow growth and low inflation. Chief Investment Strategist EMEA & APAC Wouter Sturkenboom gives our take on what this means for investors globally.

Press Releases

Explore our press release archive for story ideas, fact-checking, research or data.

Northern Trust Corporation (Nasdaq: NTRS) announced today that Chief Financial Officer S. Biff Bowman will step down from his role as CFO effective January 1, 2020, and retire from Northern Trust on February 28, 2020.

Executive Biographies

Michael G. O'Grady

Michael G. O'Grady

Chairman, President and Chief Executive Officer
Steven L. Fradkin

Steven L. Fradkin

President, Wealth Management
Peter B. Cherecwich

Peter B. Cherecwich

President of Asset Servicing
Shundrawn A. Thomas

Shundrawn A. Thomas

President, Asset Management

Fast Facts

As of June 30 2019, Northern Trust Corporation had:


$11.3trillion assets under custody/administration

$8.5trillion in assets under custody

$1.2trillion in assets under management

$127billion in banking assets

“Northern Trust performed well in the second quarter of 2019 despite the impact of a mixed global macroeconomic environment. Net income was flat versus the prior-year quarter and improved 12% on a sequential-quarter basis, as revenue grew 2% and expense declined by 2%. We continued to have success in generating organic growth across our businesses, while also driving improved efficiencies. We generated a return on common equity of 15.9% during the quarter and returned $402 million to common shareholders through dividends and the repurchase of 2.9 million shares. During the quarter we announced our 2019 Capital Plan actions, which include increasing our quarterly dividend by 17% to $0.70 per share and the flexibility to repurchase up to $1.4 billion of common stock. We believe the capital distributions included in our plan demonstrate the strength of Northern Trust’s focused business model and balance sheet, as well as our commitment to shareholders,” said Michael O’Grady, Chairman and Chief Executive Officer.


Recent Earnings and Trends

Q2 Earnings Report

Second Quarter 2019 Earnings - Wednesday, July 24th at 9am CT

Q2 Trends Report

Second Quarter 2019 Trends - Wednesday, July 24th 2019

Global Media Contacts

Doug Holt

Head of Global Corporate Communications

+1 (312) 557-1571

North America Media Contacts

Alaina Kleinman

Wealth Management Media Relations

+1 (312) 444-4065

John O'Connell

Asset Servicing Media Relations

+1 (312) 444-2388

Tom Pinto

Asset Management Media Relations
New York

+1 (212) 339-7288

EMEA & APAC Media Contacts

Camilla Greene

Head of Media Relations, EMEA & APAC

+44 (0) 20 7982 2176

Marcel Klebba

Media Relations, EMEA & APAC

+44 (0) 20 7982 1994


What We Do

Supported by unparalleled implementation, leading-edge technology and diligent oversight, our customizable solutions go beyond servicing and safekeeping fundamentals to optimize operational efficiency and manage risk.

As a leading global asset manager, we create innovative and efficient strategies to help you seize opportunities and realize your most intricate investment goals.

With our holistic and consultative approach, we uncover and navigate new opportunities that help you make the most of your wealth – for now, and for generations to come.

Global Leadership

Our core principles — service, expertise and integrity — have remained constant for over 125 years, guiding Northern Trust's evolution from a new bank in the growing Chicago of 1889 to a multi-faceted global financial services provider.