Northern Trust declares quarterly dividend
Northern Trust Corporation declared a quarterly cash dividend of US$0.28 per share on its common stock (US$1.66-2/3 par value).
Spotlight on Northern Trust in the Nordics
In a recent interview with Funds Europe magazine, Madeline Senior, Managing Director of the Nordics, discussed the development of Northern Trust’s presence and service range in the region.
Issues discussed in the resulting article include the separation of alpha and beta investment in the Nordic markets, Northern Trust’s partnership with Swedish bank Handelsbanken, and the appetite for tailored technology solutions among institutional investors.
Helping clients respond to new accounting standards and disclosure requirements
Northern Trust has announced new tools intended to help institutional clients address recent accounting rules and disclosure requirements adopted in the US by the Financial Accounting Standards Board and the Governmental Accounting Standards Board.
These are related to investments in derivatives, hedging activities, valuations, major asset categories and various risk exposures of certain investments.