The global custodian community of the Depository Trust and Clearing Corporation has grown to 11 in preparation for the Central Securities Depositories Regulation
Northern Trust has been selected by Carpenters Trusts of Western Washington, a Seattle-based self-administered Taft-Hartley trust, to provide global custody, securities lending, foreign exchange and related services for $2.2 billion in trust assets
Northern Trust Canada has been appointed by the University of Victoria to provide trustee, global custody, pension benefit payments and associated services
Both Guenther and Ovaert will be responsible globally for operations and technology related to middle- and back-office services as well as asset servicing and futures
Northern Trust has entered into a strategic alliance with BlackRock as part of its strategy to provide integrated products, services and technology across the entire investment lifecycle
Northern Trust has gained a hedge fund middle- and back-office asset servicing mandate to support the launch of new funds for large hedge fund managers
Northern Trust has launched a new version of its client-facing tool, Online Report Center, as a cloud-based service with a redesigned user interface for global asset servicing clients
Canadian defined benefit pension plans in the RBC Investor & Treasury Services All Plan Universe experienced the steepest decline since 2008, posting a median return of -7.1 percent for Q1 2020
The ESG Analytics Summary, which will be prepared by Northern Trust’s investment risk and analytical services group, will provide investors with periodic snapshot analysis across their equity and corporate bond portfolio