Northern Trust Corporation reports developments across wealth management, asset servicing, asset management and banking for institutions, corporations, affluent families and individuals. News about Northern Trust commonly covers client mandates for global custody, securities lending, fund administration, depositary services, investment operations outsourcing and accounting services, including work with public retirement systems and ETF platforms.
Recurring updates also include Northern Trust Universe performance data for pension and institutional investment plans, wealth management leadership and Global Family Office activity, quarterly financial results, common and preferred stock dividends, and technology collaborations that support investment operations workflows and reporting.
Northern Trust (NTRS) has been appointed to provide global custody and related services for LeavePlus, Victoria’s construction industry long service leave scheme. LeavePlus manages approximately AUD$2.6 billion (US$1.8 billion) in assets. Northern Trust’s appointment covers fund administration, investment accounting, performance measurement and compliance monitoring alongside custody.
Northern Trust (NTRS) has been reappointed by People's Pension to continue providing investment services under a relationship that began in 2018. The services cover fund administration, global custody, securities lending and performance measurement. People's Pension manages £45 billion in assets and serves 7.2 million members.
Northern Trust Corporation (NTRS) has released its third quarter 2026 financial results, available on its investor relations website. Results are also available in its Current Report on Form 8-K filed with the SEC on October 21, 2026.
The earnings conference call will be webcast on October 21, 2026, at 8:00 a.m. CT. A recording will remain available on the company’s website for approximately four weeks after the live event.
Northern Trust (Nasdaq: NTRS) approved a new authorization to repurchase up to $3.5 billion of its common stock. It takes effect upon completion of the existing $2.5 billion authorization approved in July 2025.
The company also declared dividends payable January 1, 2027: $0.88 per common share and $293.75 per Series E preferred share, equivalent to $0.29375 per depository share.
Northern Trust (Nasdaq: NTRS) appointed Rima Qureshi, formerly Verizon Communications’ chief strategy officer, to its board of directors, effective immediately. Qureshi brings nearly four decades of experience across telecommunications and payments companies and more than 15 years of public company board experience. She currently serves on the boards of BT Group, Loblaw Companies and Swift.
Northern Trust (NTRS) has appointed Beth Emswiler and Andrew Borner as Senior Managing Directors in its Wealth Management Northeast Region. Emswiler is based in New York, and Borner is based in Greenwich, Connecticut.
Emswiler joins from Citi Private Bank, where she headed investments for Metro New York. Borner most recently served as BNY’s market president for Connecticut and Long Island. The appointments follow the expansion of Northern Trust’s Family Office Solutions team in New York and the addition of Senior Relationship Managers Gloria Fieldcamp and James Le Rose.
Northern Trust (NTRS) announced Chief Financial Officer Dave Fox’s planned retirement, with a transition extending into 2027. Fox intends to remain in his role through the end of the first quarter of 2027. The company plans an internal and external search for his successor and expects Fox to continue leading Finance during the transition, working with CEO Michael O’Grady and the leadership team.
Northern Trust (NTRS) announced Chief Financial Officer Dave Fox’s retirement, with Fox intending to remain through the first quarter of 2027.
The company plans an internal and external search for his successor. During the transition, Fox is expected to continue leading Finance and working with chairman and chief executive officer Michael O’Grady and the leadership team to support continuity across financial, regulatory, investor and strategic priorities.
Northern Trust (NTRS) plans to convert six mutual funds managed by its asset management business into ETFs in the first quarter of 2027.
The fund board has approved the conversions. Fund assets as of June 30, 2026, and planned ETF pairings are Northern Stock Index Fund (NOSIX; $19.3B) to Northern Trust MSCI US 500 ETF (NTLC); Northern International Equity Index Fund (NOINX; $6.7B) to Northern Trust MSCI EAFE ETF (NEFA); and Northern Tax-Advantaged Ultra-Short Fixed Income Fund (NTAUX; $2.8B) to Northern Trust Tax-Advantaged Ultra-Short Income ETF (TAXU).
Northern Mid Cap Index Fund (NOMIX; $2.3B) is slated to become Northern Trust MSCI US 400 ETF (NTMC); Northern Small Cap Index Fund (NSIDX; $1.6B), Northern Trust MSCI US 2000 ETF (NTSC); and Northern Income Equity Fund (NOIEX; $316M), Northern Trust Equity Income ETF (QDFI). The company expects greater tax efficiency, trading flexibility and portfolio transparency from the ETF structure.
Northern Trust Wealth Management (NTRS) added Robert Ludricks III and Olof Akesson to its New York Family Office Solutions team.
Ludricks joins as Managing Director, Northeast Region, and Akesson as Investment Director. The team serves ultra-high-net-worth families with services that include investment strategy, fiduciary oversight and consolidated reporting. Northern Trust Wealth Management had US$534 billion in assets under management as of June 30, 2026.