Northern Trust Corporation (0K91.L) LSE

126.94

+0.73(+0.58%)

Updated at September 08 05:58PM

Currency In USD

Northern Trust Corporation

Address

50 South La Salle Street

Chicago, IL 60603

United States of America

Phone

312 630 6000

Sector

Financial Services

Industry

Financial - Diversified

Employees

23400

First IPO Date

January 29, 2018

Key Executives

NameTitlePayYear Born
Mr. Michael Gerard O'GradyChairman & Chief Executive Officer3.09M1966
Ms. Alexandria TaylorExecutive Vice President & Chief Administrative Officer1.61M1983
Mr. Jason Jerrome TylerExecutive Vice President & President of Wealth Management1.64M1972
Mr. Peter B. CherecwichExecutive Vice President & Chief Operating Officer1.77M1965
Mr. Daniel Ernesto Gamba CFAExecutive Vice President & President of Asset Management1.91M1968
Mr. Jim WardSenior Investment Officer & Senior Vice President of Western Michigan Office0N/A
Mr. Ian HeadonHead of Depositary Regulatory & Technical Services0N/A
Mr. Thomas A. SouthExecutive Vice President & Chief Information Officer01970
Ms. Jennifer Childe C.F.A.Senior Vice President & Director of Investor Relations0N/A
Mr. David W. Fox Jr.Executive Vice President & Chief Financial Officer01959

Description

Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates in two segments, Corporate & Institutional Services (C&IS) and Wealth Management. The C&IS segment offers asset servicing and related services, including custody, fund administration, investment operations outsourcing, investment management, investment risk and analytical services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage services, transition management services, banking, and cash management services. This segment serves corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, sovereign wealth funds, and other institutional investors. The Wealth Management segment offers trust, investment management, custody, and philanthropic; financial consulting; guardianship and estate administration; family business consulting; family financial education; brokerage services; and private and business banking services. This segment serves high-net-worth individuals and families, business owners, executives, professionals, retirees, and established privately held businesses. The company also provides asset management services, such as active and passive equity; active and passive fixed income; cash management; alternative asset classes comprising private equity and hedge funds of funds; and multi-manager advisory services and products through separately managed accounts, bank common and collective funds, registered investment companies, exchange traded funds, non-U.S. collective investment funds, and unregistered private investment funds. In addition, it offers overlay and other risk management services. The company was founded in 1889 and is headquartered in Chicago, Illinois.