Welcome to our dedicated page for Northern Trust news (Ticker: NTRS), a resource for investors and traders seeking the latest updates and insights on Northern Trust stock.
Northern Trust Corporation (Nasdaq: NTRS) is a financial services company in the commercial banking and broader finance sector, focusing on wealth management, asset servicing, asset management and banking services for corporations, institutions, affluent families and individuals. The NTRS news feed highlights how the firm’s global platform, institutional relationships and wealth capabilities evolve over time.
News about Northern Trust often covers mandates and client wins with institutional asset owners and investment managers. Recent announcements include expanded global custody and investment operations roles for pension providers, new middle office and investment operations outsourcing appointments, and asset servicing mandates for multi-asset fund ranges. These items illustrate how Northern Trust supports pensions, endowments and other asset owners across custody, fund administration, middle office and currency management.
Coverage also features asset management developments, such as Northern Trust Asset Management’s direct indexing solutions for ultra-high-net-worth portfolios, its views on global investment outlooks, and its role as a global investment manager. These stories provide insight into how the firm approaches capital markets research, portfolio construction, risk management and tax-aware investing.
Investors and observers will also find corporate and leadership updates, including leadership appointments within asset servicing and wealth management, and information on earnings webcasts and conference calls. Banking-related news, such as changes to the company’s prime rate, appears alongside broader commentary on economic conditions and asset class views from Northern Trust Asset Management.
By following NTRS news, readers can track how Northern Trust engages with institutional and wealth clients, how it positions its asset servicing and asset management capabilities, and how management communicates its perspective on markets and the company’s strategic priorities. This page aggregates these updates in one place for convenient ongoing monitoring.
Northern Trust Corporation (NTRS) has announced its third-quarter financial results for 2022. As of September 30, 2022, the company managed assets totaling US$1.2 trillion and held US$12.8 trillion in assets under custody/administration. The earnings conference call will occur on October 19, 2022, at 9:00 a.m. CT, accessible via their website. With a legacy of over 130 years, Northern Trust continues to highlight its role as an industry leader in wealth management and asset servicing.
Northern Trust Corporation (NASDAQ: NTRS) announced a quarterly cash dividend of $0.75 per share on common stock, payable on January 1, 2023, to holders of record by 5:00 p.m., location value="LU/us.il.chicgo"Chicago time on December 9, 2022. Additionally, it declared cash dividends of $293.75 per share on Series E non-cumulative perpetual preferred stock, also payable on January 1, 2023, to holders of record on December 15, 2022. These dividends reflect the company's ongoing commitment to shareholder returns.
Northern Trust Asset Management (NTAM) has appointed Antulio Bomfim as head of Global Macro, a newly created role to strengthen its global fixed income group, which manages $470 billion. Bomfim brings nearly 30 years of experience including advisory roles at the Federal Reserve and significant positions in investment management. The firm aims to enhance investor services in fixed income markets, aligning with its principles of risk compensation.
Northern Trust (NTRS) has been appointed by Polar Capital to provide global custody, depositary, transfer agency, fund accounting, and currency management services for the Melchior Selected Trust. This trust, established in 2010, has assets of £812 million as of August 31, 2022. The collaboration aims to consolidate service providers, enhance operational efficiencies, and simplify fund administration for European investors, furthering Northern Trust's longstanding partnership with Polar Capital since 2001.
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Northern Trust has appointed Stephanie H. Giroux as Senior Portfolio Advisor for the Greater New York market. With over 30 years in investment and wealth management, she joins from BNY Mellon Wealth Management, where she led local growth. Giroux's experience includes roles at Wells Fargo and Citi Private Bank. This leadership change aims to enhance personalized investment strategies for wealth management clients. Northern Trust, recognized for its service excellence, manages $352.8 billion in assets as of June 30, 2022.
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Northern Trust has appointed Michael Buzza as the new global head of Network Management & Market Strategy. Buzza, who has 16 years of experience at the company, previously led EMEA Market Advocacy and Innovation Research. His new role will involve overseeing market access and insights in traditional securities services, alongside developing capabilities in digital assets. Justin Chapman, head of Digital Assets and Financial Markets, emphasized that Buzza's expertise will enhance both traditional and digital market strategies.
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Northern Trust Corporation (NASDAQ: NTRS) will host a live webcast of its third quarter 2022 earnings conference call on October 19, 2022, at 9:00 a.m. (CT). The earnings press release and related materials will be available on Northern Trust’s website.
The webcast replay will be accessible for four weeks post-event.