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Other than M&T Bank, Northern Trust was the only bank in the S&P 500 Index not to lower its dividend during the financial crisis of 2007–2008. [ 25 ] In November 2008, the United States Department of the Treasury invested $1.5 billion in the company as part of the Troubled Asset Relief Program and in June 2009, the company repurchased the ...
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In August 2017, Buck and Northern Trust announced an agreement for the bank to lease 465,000 square feet (43,200 m 2) of the building. The lease, which includes signage and naming rights, will consolidate approximately 2,500 to 3,000 Northern Trust workers from several sites around Chicago and take place in 2020.
Northern Trust, a financial holding company based in Chicago, has offices in 18 U.S. states and 16 international locations in North America, Europe, the Middle East and the Asia-Pacific region.
Despite a rise in NII, backed by higher rates, Northern Trust's (NTRS) Q3 fee income is likely to have been affected by weaker equity and fixed-income markets.
Higher revenues, resulting from a rise in fee income and NII, support Northern Trust's (NTRS) Q1 results against a rising expense base and weak capital ratios.
William A. Osborn (born 1947) is an American bank executive. William A. Osborn was graduated from Northwestern University in 1969, [1] and from its Kellogg School of Management in 1973. [2] He joined Northern Trust in 1970, and spent the rest of his career at the Chicago, Illinois institution. Eventually he headed the commercial banking and ...
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