For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity. Founded in Chicago in 1889, Northern Trust has offices in the United States in 20 states and Washington, D.C., 23 international locations in Canada, Europe, the Middle East and the Asia-Pacific region, and 18,800 employees globally. We serve the world’s most-sophisticated clients – from sovereign wealth funds and the wealthiest individuals and families, to the most-successful hedge funds and corporate brands.
Our guiding principles not only survived but thrived during the Great Depression, two world wars and the 2008 financial crisis. We burnished our reputation as a global leader delivering innovative investment management, asset and fund administration, fiduciary and banking solutions enabled by sophisticated, leading technology. And through it all, we continually laid a solid, forward-looking foundation on which future generations can continue growing and achieving greater.
As of March 31, 2019, Northern Trust Corporation had:
Michael O’Grady, Chairman and Chief Executive Officer, commented, “Northern Trust’s performance during the first quarter of 2019 was resilient despite the impact of a challenging macroeconomic environment. Our balanced business model continued to drive organic fee growth while we maintained our focus on differentiated client service and solutions. We generated a return on equity of 14% and returned $391 million to common shareholders through dividends and the repurchase of more than 2.8 million shares. We remain focused on investing for future growth of our wealth management, asset management and asset servicing businesses while also improving productivity.”