Northern Trust said it received a subpoena from the U.S. Securities and Exchange Commission in April related to the bank’s securities lending activities.
Northern Trust is a global leader in delivering innovative investment management, asset and fund administration, fiduciary and banking solutions to corporations, institutions and affluent individuals.
Northern Trust has named Andrew Tan as the Head of Investment Risk & Analytical Services (IRAS) in Asia-Pacific, leading the delivery of technology, reporting and consulting services for institutional investors and asset managers in the region.
Northern Trust has named Michael B. Dowd head of Insurance Accounting Product and Service for the Americas.
Northern Trust has appointed Fiona Moore as head of fund administration for its exchange traded funds (ETF) business across Europe, Middle East and Africa.
Brian Ovaert, a veteran Northern Trust executive, has been appointed Country Manager for Hong Kong.
Jeremy Hester has been named head of sales for Northern Trust’s Global Fund Services business in the United Kingdom.
To support the continued momentum of Northern Trust’s specialist hedge fund administration business, Northern Trust has appointed Liam Butler as head of Northern Trust Hedge Fund Services in Europe.
In response to rising demand from both corporate and not-for-profit clients, Northern Trust has added senior expertise in outsourced chief investment officer (OCIO) services to its Multi-Manager Solutions group.
Northern Trust has named Marc Mallett manager of Investment Operations Outsourcing product in the Americas, a new role created to address the growing demand for middle office services by investment managers seeking to control costs while pursuing asset growth globally.
Nancy Grady has joined Northern Trust as Head of Fund Administration and Fund Accounting-Americas, overseeing fund accounting, regulatory administration, financial reporting, tax and other services for registered and unregistered mutual fund products.
Northern Trust has announced four additions to its client service teams in London and Guernsey as it increases senior advisory staff serving clients in Europe and the Middle East.
Northern Trust has announced that Dave Sauvarin has assumed responsibility as managing director of its Jersey office.
Northern Trust has announced that it has appointed Belinda Burgess as head of the Nordic region. Burgess, who is based in Stockholm, replaces Madeleine Senior who has been appointed as head of sales for Northern Trust’s asset servicing business in Europe, Middle East and Africa (EMEA).
Northern Trust has announced that Tony Glickman has joined in a global client solutions role designed to harness the full value of its hedge fund services, custody, banking and operations platform on behalf of asset managers and institutional investors worldwide.
Northern Trust Corporation has announced that its Board of Directors has named 11 individuals to executive vice president of The Northern Trust Company.
Northern Trust has named Daniel F. Lindley to the London-based role of Managing Director, Global Family & Private Investment Offices Group - EMEA and APAC.
Northern Trust has hired Nigel Tyler as Senior Index Equity Portfolio Manager in London, as part of the continued expansion of its global index portfolio management team and capabilities.
Northern Trust has announced several organizational changes to its Personal Financial Services (PFS) leadership team.
An emotional, ill-thought out letter sent to Northern Trust CEO Frederick Waddell by Barney Frank, Chairman of the House Financial Services Committee, on the subject of The Northern Trust Open got the response it deserved. Waddell simply told Frank (politely) to get back in his crib, and get his facts straight.
Northern Trust has announced it has created two dedicated sales positions for Transition Management Services, which works with institutional investors globally to manage costs and risks to gain timely exposure to target portfolios while changing investment managers or asset allocation policies.