-
Incorporating artificial intelligence (AI) into back and middle office operations can focus data optimization strategies with the potential to increase productivity, drive revenue, improve security and manage risk for asset managers and asset owners, according to new white paper sponsored by Northern Trust. The paper, Harnessing the Power of Data with AI, is one in a series of thought leadership pieces from Northern Trust in conjunction with The Economist Intelligence Unit.
-
Leading global investment manager Northern Trust Asset Management expanded its commitment to the Public Funds and Taft-Hartley communities with the addition of 25-year industry veteran Sandy Sinor.
-
Northern Trust Corporation announced today that President and Chief Executive Officer, Michael G. O’Grady, and Executive Vice President and Chief Financial Officer, S. Biff Bowman, will speak at the Goldman Sachs U.S. Financial Services Conference in New York on Wednesday, December 5, 2018 at 9:20 a.m. (ET).
-
Northern Trust Corporation announced today that Frederick H. Waddell, 65, Chairman of Northern Trust Corporation, will retire from this role, effective as of January 23, 2019, after nine years of service as Chairman and 43 years of extraordinary service at Northern Trust. Michael O’Grady, currently Chief Executive Officer and President, will assume the additional title of Chairman.
-
Northern Trust, a leading provider of wealth management services, has been named Best Private Bank for Family Offices Globally and Best Private Bank for Customer Service in the U.S. by Professional Wealth Management and The Banker magazines, publications of the Financial Times Group.
-
Northern Trust (Nasdaq: NTRS) announced today it has processed the first live capital call using distributed ledger technology for Emerald Cleantech Fund III LP, adding a significant new capability to its industry-leading blockchain solution for private equity fund administration.
-
Northern Trust (Nasdaq: NTRS) announced today it has launched an alternatives platform to provide its wealth management clients with a source of total-portfolio risk diversification.
-
Northern Trust Corporation (Nasdaq: NTRS) today disclosed the results of its company-run stress test under the severely adverse scenario developed by the Corporation for its Mid-Cycle 2018 submission. Northern Trust, as with other companies covered by the provisions of Section 165 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, is required to conduct company-run stress tests semi-annually and to disclose summary results of its company-run stress test under the severely adverse scenario.
-
Institutional plan sponsors saw continued positive investment performance in the third quarter of 2018, according to Northern Trust Universe data released today. The median return of 2.4 percent for institutional asset owners brought year-to-date gains to 3.3 percent at the median.
-
Northern Trust (Nasdaq: NTRS) today announced that it has appointed Dane Fannin as global head of securities lending.
