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Northern Trust Corp NTRS - News Analyzed: 5,343 - Last Week: 100 - Last Month: 399

⇗ Consistent Growth and Innovation: Northern Trust Corp's Recent Activities and Developments

Consistent Growth and Innovation: Northern Trust Corp's Recent Activities and Developments
Northern Trust Corp hus seen diverse financial activities recently. As part of their growth strategy, it entered a strategic collaboration with TCS for securities settlement and with Foundation Source for modern private foundation management services. In terms of asset management, Northern Trust was appointed for asset servicing solutions by Brickwood Asset Management and Australian insurer Generation Life. A noteworthy partnership was also formed with Alchemy for a Special Opportunities Fund.

Ownership changes have ranged from increased holdings (e.g., Aviance Capital Partners LLC, Jackson Creek Investment Advisors LLC) to reduced ownership (e.g., Metis Global Partners LLC, Bank of New York Mellon Corp).

Their leadership team has been revamped with a reshaping of the wealth division and new recruits in asset management. Meanwhile, Northern Trust has consistently announced and delivered quarterly dividends, and according to analysts, it is outpacing its peers in the finance sector. Furthermore, Morgan Stanley recently adjusted the price target of Northern Trust.

On the innovation front, Northern Trust developed digital voluntary carbon credits and had beaten Q4 earnings. Lastly, it was named as the best private bank in the U.S while its asset management division continues to strengthen.

Northern Trust Corp NTRS News Analytics from Wed, 18 Sep 2024 07:00:00 GMT to Sat, 08 Mar 2025 13:00:55 GMT - Rating 5 - Innovation 4 - Information 8 - Rumor 3

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