Northern Trust Newsroom
July 12, 2019
India Confronts Its Challenges, China Shows Restraint, and a New ECB Leader Is Named
Press ReleasesExplore our press release archive for story ideas, fact-checking, research or data.
July 16, 2019
CHICAGO – Northern Trust (Nasdaq: NTRS) announced that Marisa Kurk has been named Chief Operating Officer of the Global Foreign Exchange (GFX) business, demonstrating Northern Trust’s continued commitment to providing world class foreign exchange solutions for the evolving needs of global investors.
July 12, 2019
Superannuation Funds Management Corporation of South Australia (Funds SA) Appoints Northern Trust for AU$34bn Asset Servicing and Investment Administration Mandate
Melbourne – Funds SA, the investment management corporation owned by the Government of South Australia, has appointed Northern Trust (Nasdaq: NTRS) for a AU$34bn mandate to provide a master custody solution including asset servicing, investment administration and investment data services, following a competitive tender process.
Michael G. O'Grady
Chairman, President and Chief Executive Officer
Steven L. Fradkin
President, Wealth Management
Peter B. Cherecwich
President of Asset Servicing
Shundrawn A. Thomas
President, Asset Management
As of March 31 2019, Northern Trust Corporation had:
$10.9trillion assets under custody/administration
$8.2trillion in assets under custody
$1.2trillion in assets under management
$122billion in banking assets
NORTHERN TRUST CORPORATION REPORTS FIRST QUARTER NET INCOME OF $347.1 MILLION,
EARNINGS PER COMMON SHARE OF $1.48.
“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,” said Michael O’Grady, Chairman and Chief Executive Officer.
Q2 Earnings Report
Second Quarter 2019 Earnings - Wednesday, July 24th at 9am CT
Q2 Trends Report
Second Quarter 2019 Trends - Wednesday, July 24th 2019
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