CHICAGO & LONDON–(BUSINESS WIRE)–The global economy will see annualized real growth of 2.9% over the next five years, along with annualized inflation of 1.7% in developed markets, according to Northern Trust’s Capital Market Assumptions report, which is a five-year perspective. The company predicts that still-low interest rates will support positiveRead More →

Melbourne, Australia–(BUSINESS WIRE)–Northern Trust (Nasdaq: NTRS) today announced that it has appointed Leon Stavrou leading its operations in Australia and New Zealand. Stavrou was most recently a Director of Global Services responsible for Northern Trust’s asset management operations across Australia and ensuring the delivery and development of Northern Trust’s bespokeRead More →

It pays to play well on the PGA Tour, folks. Just ask this week’s winner, Tony Finau, who picked up his second win on Sunday, winning the 2021 Northern Trust at Liberty National in Jersey City, New Jersey. It’s Finau’s first victory in more than five years. He shot 67-64-68-65-264Read More →

LONDON–(BUSINESS WIRE)–SC Ventures, the venture capital and innovation arm of Standard Chartered, and Northern Trust, a leading asset servicing provider, today announced that Zodia Custody is now registered with the Financial Conduct Authority (FCA). The registration means that Zodia Custody now provides trading services to clients as a crypto-asset business.Read More →

CHICAGO–(BUSINESS WIRE)–Northern Trust Corporation has released its second quarter 2021 financial results. The results can be viewed on Northern Trust’s website at: https://www.northerntrust.com/about-us/investor-relations Second Quarter Earnings Conference Call Webcast Northern Trust’s second quarter earnings conference call will be webcast on July 21, 2021. The live conference call will take placeRead More →

CHICAGO–(BUSINESS WIRE)–Northern Trust today released its latest corporate social responsibility report, marking a full decade of transparent and detailed reporting across the business. “During a time of extraordinary social, health and economic challenges, 2020 has been a year for Northern Trust that has focused on compassion, communication and support,” saidRead More →

LONDON–(BUSINESS WIRE)–Northern Trust Asset Management (NTAM), one of the world’s leading investment managers, continues to expand its sustainable investment solutions with the launch of the Quality Low Volatility Low Carbon World (Low Carbon QLV) Strategyan actively managed quantitative strategy focused on high quality, low volatility stocks while maintaining a lowerRead More →

A Northern Ireland health trust has announced that it will review more than 13,000 X-ray images of patients following concerns about the work of a locum consultant radiologist. The Northern Trust confirmed it had begun a “retrospective review” of radiology image reports made by the radiologist, who was engaged byRead More →

CHICAGO–(BUSINESS WIRE)–New corporate and public pension plan business pushed global defined contribution (DC) assets under Northern Trust’s custody and administration past $1 trillion, as businesses and government entities focus on employee retirement security. Northern Trust has over 140 global DC clients, now with over $1.4 trillion in assets (as ofRead More →

LONDON–(BUSINESS WIRE)–Northern Trust (Nasdaq: NTRS) today announces that it offers a range of environmental, social and governance (ESG) reporting solutions for the Marks & Spencer Retirement Trust (M&SPT) in the United Kingdom (UK). The services support M&SPT’s investment oversight, governance and reporting. Northern Trust provides M&SPT with analytical reporting solutionsRead More →

NEW YORK–(BUSINESS WIRE)–Northern Trust has appointed Thomas F. Dempsey as managing director responsible for developing and deepening relationships with principals in the private equity and hedge fund segments, as well as working with ultra-high net worth families and advisers who serve them. Dempsey will primarily focus on connecting Northern TrustRead More →

MELBOURNE, Australia and SINGAPORE–(BUSINESS WIRE)–Northern Trust (Nasdaq: NTRS) today announced that it has appointed Angelo (Angel) Calvitto to lead its asset management business in the Asia-Pacific region. Calvitto, who was most recently Northern Trust’s national director in Australia, will succeed William Mak, who is retiring from the business after 11Read More →

Northern Trust will expand Front Office Solutions outside of North America as growth has already exceeded expectations this year and the company has completed the acquisition of Parilux Investment Technology. Front Office Solution provides technology to in-house investment teams for large endowments, foundations, sovereign wealth funds, pensions, insurance and multi-familyRead More →

CHICAGO–(BUSINESS WIRE)–Northern Trust Corporation (Nasdaq: NTRS) today announced that it has completed its acquisition of Parilux Investment Technology, LLC, completing its investment in the company and its technology launched in 2018. This acquisition underscores the Northern Trust’s commitment to its Front Office Solutions business, which provides a holistic data managementRead More →