For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity. Founded in Chicago in 1889, Northern Trust has offices in the United States in 19 states and Washington, D.C., 23 international locations in Canada, Europe, the Middle East and the Asia-Pacific region, and 18,100 employees globally. We serve the world’s most-sophisticated clients – from sovereign wealth funds and the wealthiest individuals and families, to the most-successful hedge funds and corporate brands.
Our guiding principles not only survived but thrived during the Great Depression, two world wars and the 2008 financial crisis. We burnished our reputation as a global leader delivering innovative investment management, asset and fund administration, fiduciary and banking solutions enabled by sophisticated, leading technology. And through it all, we continually laid a solid, forward-looking foundation on which future generations can continue growing and achieving greater.
As of June 30, 2018, Northern Trust Corporation had:
Michael O’Grady, President and Chief Executive Officer, commented, “Northern Trust continued to perform well in the second quarter, delivering strong growth and returns on capital for shareholders. This quarter’s results reflected organic growth in our businesses along with generally favorable macroeconomic conditions. Trust, investment and other servicing fees, net interest income, and foreign exchange trading income all delivered double-digit, year-over-year growth. This performance produced solid positive operating leverage and fee operating leverage versus last year, while we continued to focus on our strategy of providing clients with outstanding solutions and differentiated service, improving productivity, and investing in future growth.”