Northern Trust Co. has seen a plethora of strategic changes, positive financial results, and an increasing interest from various institutions and investors. With Jeff Alexander named to head
The Northern Trust Company, Canada, and industry veteran Katherine McCabe spearheading a $4T OCIO market push initiative, the company is clearly making strategically progressive decisions. Institutional owners are said to hold 87% of the company, nodding towards its stability. In addition, various advisers, corporations, and financial institutions have begun to increase and grow their stock position within the company. Major business moves include
Northern Trust being chosen as the custodian for Dutch Pension Fund BPF Beton, and further acquisition of shares by entities such as Vest Financial LLC and Wealth Enhancement Advisory Services LLC.
Northern Trust's earnings are expected to grow, and its strong financial performance in Q1 and Q4 of 2024 can be recalled as evidence. The company was even named Best Private Bank in the US for Digital Wealth Planning and Digital Customer Experience, accentuating its strong positioning in the market.
Northern Trust Corp NTRS News Analytics from Thu, 24 Oct 2024 07:00:00 GMT to Sat, 07 Jun 2025 09:02:01 GMT -
Rating 8
- Innovation 6
- Rumor -6