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 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 (NYSE:NTRS) has appointed Michael Darby as Senior Managing Director of the Northern California Market, overseeing three regional locations in Menlo Park, Mill Valley, and San Francisco. Darby, who joined Northern Trust in 2018, will lead an integrated team delivering wealth management services to high-net-worth clients.
Reporting to West Region President Abel Montañez, Darby succeeds Michael Cklamovski, who was promoted to Deputy Head of Sales. Prior to this role, Darby served as Senior Vice President and Managing Director at Northern Trust, and previously worked at Wells Fargo's Middle Market Banking Group. Northern Trust Wealth Management currently manages $468.5 billion in assets as of June 30, 2025.
Northern Trust (NYSE:NTRS) has scheduled its third quarter 2025 earnings conference call for October 22, 2025, at 8:00 a.m. CT. The company will release its Q3 2025 earnings press release the same morning before the call.
Investors and analysts can access the live webcast, earnings release, and presentation materials through Northern Trust's website. A replay of the webcast will remain available for approximately four weeks following the call.
Northern Trust (Nasdaq: NTRS) has signed a Memorandum of Understanding (MoU) with Universiti Brunei Darussalam (UBD) to develop digital and fintech talent. The collaboration will focus on research and development initiatives in digital assets, artificial intelligence, and emerging financial market trends.
The partnership aims to provide Bruneian students with practical knowledge and global best practices in digital and fintech innovation. The initiative was endorsed by the Brunei Darussalam Central Bank (BDCB) and aligns with the nation's goal of building a resilient, innovation-driven financial sector.
Northern Trust Asset Management (NYSE:NTRS), managing $1.3 trillion in assets, has appointed Anwiti Bahuguna, Ph.D. as global co-chief investment officer. She joins current Co-CIO Christian Roth and succeeds Michael Hunstad, who was recently named president of the firm.
In her new role, Bahuguna will oversee the firm's investment capabilities across various strategies and lead a team of over 300 investment professionals globally. She brings 27 years of industry experience, most recently serving as deputy global CIO for Northern Trust Asset Management and previously spending two decades at Columbia Threadneedle as head of U.S. multi-asset strategy.
Northern Trust (NYSE:NTRS) announced a reduction in its prime rate from 7.50% to 7.25%, representing a 25 basis point decrease. The new rate will take effect on Thursday, September 18, 2025. This adjustment in the prime rate, which serves as a key benchmark for various consumer and commercial loans, reflects changes in the broader interest rate environment.
Northern Trust (NASDAQ:NTRS) has expanded its relationship with Brandes Investment Partners to support the launch of the Brandes Global Value Fund in Australia. This expansion builds on their 30-year partnership, with Northern Trust providing global custody and fund administration services for the new Australian Unit Trust.
The relationship between the companies dates back to 1992, with Northern Trust offering various services including global custody, fund accounting, transfer agency, and foreign exchange. In 2024, Brandes converted seven U.S. mutual funds into Northern Trust's Datum One Series Trust, demonstrating the growing partnership.
Northern Trust (Nasdaq: NTRS) has appointed Jessica Donohue as the new Global Head of Product Management for Asset Servicing. Donohue, who brings 25 years of industry experience, will lead a global team delivering custody, administration, fiduciary, and data solutions for institutional clients.
Reporting to Asset Servicing President Teresa Parker, Donohue joins from State Street Bank and Trust Company, where she held senior leadership positions including global head for the Asset Owner segment and head of Global Investment Insights, Sustainability and Impact. Northern Trust currently serves nearly 3,000 institutional clients across 53 countries, offering solutions in alternative assets, banking, capital markets, fund services, and retirement solutions.
["Appointment of seasoned executive with 25 years of industry experience", "Strategic hire to drive innovation and growth in Asset Servicing division", "Extensive leadership experience in key areas including sustainability and impact investing"]Northern Trust (NYSE:NTRS) has appointed Gary Poth as the new President of the Ohio Market. Poth, bringing over 25 years of financial services experience, joins from Key Private Bank where he led the ultra-high-net-worth and multi-family office division.
Poth succeeds Michael Cogan, who will retire on June 1, 2026 after nearly 20 years of leadership in the Ohio market. The company's Wealth Management division currently manages $468.5 billion in assets as of June 30, 2025.
Northern Trust (Nasdaq: NTRS) has appointed Michael Hunstad as the new President of Northern Trust Asset Management (NTAM), effective immediately. Hunstad, who joined NTAM in 2012, previously served as Global Co-Chief Investment Officer and will report to CEO Michael O'Grady.
With 25 years of industry experience, Hunstad has overseen various investment capabilities including index, fundamental, quantitative, and tax-advantaged strategies. He has led a global team of over 300 professionals and served on key committees including the Asset Management Executive Group, Investment Policy Committee, and Risk Committee.
Prior to Northern Trust, Hunstad held leadership positions at Breakwater Capital and Allstate Investments. He holds a Ph.D. in mathematics, an MBA in finance, an M.A. in econometrics, and a bachelor's degree in economics.
Northern Trust (Nasdaq: NTRS) has been selected by the State of New Mexico Educational Retirement Board (NMERB) to provide comprehensive asset servicing solutions for their $18.5 billion fund. The services include custody, accounting, post-trade compliance, performance measurement, and advanced support for alternative and derivative investments.
NMERB, which provides retirement benefits to New Mexico public education employees, chose Northern Trust for their collaborative approach and advanced analytics capabilities. Northern Trust currently serves nearly 250 public fund clients, with over 40 new mandates secured in the last five years, demonstrating their strong position in the public fund sector.