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 has appointed Kelley Conway as the new Head of Corporate and Digital Strategy, bringing over 20 years of consulting experience.
Conway's background includes roles at Accenture and PwC, focusing on financial services technology.
CEO Michael O’Grady emphasized that Conway will lead strategic planning and executing their digital strategy to improve client experiences and ensure security and scalability.
Northern Trust, listed as NTRS, boasts $14.5 trillion in assets under custody and $1.4 trillion in assets under management as of December 31, 2020.
Northern Trust (Nasdaq: NTRS) has partnered with CAI's Autism2Work (A2W) program to enhance neurodiversity inclusion by providing employment opportunities for individuals with Autism Spectrum Disorder (ASD) in technical areas. The program highlights that individuals with ASD can increase productivity by up to 60% and taps into a significant pool of talent, with 1.1 million Americans with autism expected to enter the job market in the next decade. Northern Trust aims to foster a culture of inclusion as part of its commitment to diversity and equity.
Northern Trust (Nasdaq: NTRS) has initiated a strategic collaboration with Two Sigma to provide the Venn investment analytics platform to its clients. This integration aims to enhance portfolio insights and analytics for asset allocators, facilitating better investment decisions. The partnership allows seamless access to advanced portfolio analytics tools and integrates data flows through APIs with Northern Trust’s existing services. This relationship aims to boost operational efficiency and provide value in optimizing investment processes.
Northern Trust Corporation will host a live webcast of its first quarter 2021 earnings conference call on April 20, 2021, at 8:00 a.m. CT. The call follows the release of the earnings press release on the same day, which will be accessible on Northern Trust’s website. The company, known for its wealth and asset management services, reported assets under custody/administration of US$14.5 trillion and assets under management of US$1.4 trillion as of December 31, 2020.
Northern Trust announced key leadership changes aimed at adapting to client needs. Effective March 1, John Fumagalli will become President of the Central Region, succeeding retiring Mac MacLellan. Charlie Mueller will also retire on the same date. New appointments include Pam Lucina and Glenda Pedroso, who will report directly to Wealth Management President Steven L. Fradkin, along with the promotion of Stephanie Goforth to Executive Vice President and Global Head of Sales & Marketing. Lucino Sotelo is named Chief Digital Officer, focusing on digital innovation.
Northern Trust Corporation announced that its Chief Financial Officer, Jason J. Tyler, will present at the RBC Capital Markets Global Financials Conference on March 10, 2021, at 2:40 p.m. ET. The presentation will be available via a live audio webcast on Northern Trust's website. A replay will be accessible for approximately four weeks following the event. Northern Trust, with $14.5 trillion in assets under custody and $1.4 trillion under management, has been a leader in wealth management since 1889.
Northern Trust (Nasdaq: NTRS) is witnessing a surge in demand for its Foreign Exchange (FX) currency management services, driven by recent mandates from clients such as Blackwall Capital Investment AG, Kieger AG, and TT International Asset Management Limited. The company offers comprehensive currency management solutions designed to address market volatility and operational complexities, enhanced by machine learning models for risk reduction. As of December 31, 2020, Northern Trust managed US$1.4 trillion in assets, reflecting its strong market position and commitment to client service.
Northern Trust has formed a partnership with National Quality Review (NQR) to enhance operational oversight for U.S. mutual fund managers through the NQR Intermediary INSIGHT service. This collaboration offers clients an independent assessment of intermediary compliance, adhering to the Financial Intermediary Controls and Compliance Assessment framework. The integration aims to reduce costs and compliance burdens while improving efficiency in the review process. Northern Trust brings robust fund administration, while NQR complements this with specialized oversight capabilities.
Northern Trust (Nasdaq: NTRS) has announced an agreement to acquire an equity stake in Equity Data Science, Inc. (EDS), enhancing its technology offerings for institutional investors. This partnership integrates EDS's analytics platform with Northern Trust’s systems to provide advanced decision support tools for asset managers, focusing on research management, idea generation, portfolio optimization, and risk management. According to Pete Cherecwich, Northern Trust aims to help clients leverage data for better investment decisions, striving to increase transparency and efficiency in asset management.
Northern Trust has partnered with IHS Markit to enhance its investment lifecycle services. This integration with the thinkFolio platform will streamline operations for asset managers and owners. The partnership aims to provide clients with an integrated process that reduces operational costs and improves efficiency. Utilizing Amazon Web Services for hosted services, the collaboration focuses on enhancing transaction capture and data synchronization. This alliance is expected to bolster Northern Trust's offerings, promoting advanced solutions across its Whole Office ecosystem.
FAQ
What is the current stock price of Northern Trust (NTRS)?
What is the market cap of Northern Trust (NTRS)?
