Northern Trust

Commenting on $NTRS Q2 #earnings, Chairman and CEO Michael O’Grady said: https://ow.ly/7V4750SEhPI

$NTRS reports Q2 net income of $896.1mm, #EPS of $4.34, return on common equity of 31.2%. Results included $878.4mm gain related to Visa shares. AUC/A up 14% YoY to $16.6 trillion; AUM up 12% to $1.5 trillion, as reported in earnings release today. https://ow.ly/7V4750SEhPI

Mentoring matters at Northern Trust This week many of our senior leaders met with our 2024 Rotational Development Program (RDP) class during their orientation week at our Chicago headquarters. Fun fact - this year's class had a record total of 54 within it. Our leaders welcomed the class of 2024 and shared their career journeys, lessons learned along the way and how they’re empowering their teams to deliver on our global strategic initiatives. During the program, participants rotate through various functions of our wider business including Asset Servicing, Asset Management and Corporate Finance. With this, our RDP cohort can find their best fit, while also developing their professional skills and being given valuable mentoring sessions with our senior leaders. #MadeForGreater #LifeAtNT

Tune in to the latest Faster Forward Podcast to hear how Pete Cherecwich, President, Northern Trust Asset Servicing and Daniel Gamba, CFA, President, Northern Trust Asset Management collaborate across business lines to navigate the challenges of today’s financial landscape while providing the best possible client experience: https://ow.ly/zRKp50SzWcI

With the stock market reaching new heights, families are increasingly turning to “upstream planning”— transferring ownership of appreciated assets to parents instead of children — to optimize tax efficiency. Pamela Lucina, Chief Fiduciary Officer for Wealth Management and President of the Northern Trust Institute, spoke with Barron’s PENTA on the benefits and drawbacks of the strategy. https://bit.ly/3S4qEJ7

This time last week our Northern Trust London team welcomed Investment20/20 and Haggerston School into its office for an exploratory day into the world of financial services. Year 10 students learned about the wide history of Northern Trust, the different services we offer our clients and heard from current apprentices about the expectations vs. reality of working in financial services. The day also featured a speed networking session with Northern Trust partners, tours along the floors of 50 Bank Street and a lesson about encryption. Students also got to participate in a ‘Break the Bank’ exercise that highlighted the importance of data security. Access Granted! 🙂 Thank you to all who participated on the day and all the coordination and enthusiasm that went into making it such a successful visit. #MadeForGreater #LifeAtNT

We are pleased to share that our very own Melanie Zairis Pickett, Head of Asset Owner Segment, Americas, Northern Trust has been named in the Top 50 Women Leaders of Chicago for 2024 by Women We Admire. Congratulations to Melanie on this outstanding achievement! https://lnkd.in/gVmx3XCq

Hard to believe our North America Summer Interns are fast approaching the halfway mark of their time with us. No matter what office they are in with us, we endeavor to arrange a number of social events for them throughout their time with us. These can vary from a trip to a baseball game, a dinner out in the city or a post work drink at headquarters. These social events are a core part of our internship and early career programs. They facilitate relationship building and networking between not only our intern groups but also with our wider teams and partners. Here are some of the best pics from their recent social events. Keep an eye out for more updates from our 2024 summer interns over the coming weeks, they have a busy few weeks ahead 😊 #MadeForGreater #LifeAtNT

Earlier this week we saw 60 partners from our office in London participate in the JP Morgan corporate challenge. 🏃♀️🏃♂️ Runners were tested with a 5.6km circuit around Battersea Park. Proud of our team’s efforts and collective spirit on the day. Congratulations to all the runners on the day and those who represented Northern Trust so well 😊 #MadeForGreater #LifeAtNT

Yesterday marked the end of 3 months’ project work culminating in the 2024 EMEA Advancing Professionals Resource Council Case Challenge Final. This year’s final saw 6 teams comprising of 41 partners from across the EMEA region compete for the top prize. The challenges this year revolved around tackling matters from clients, culture, employee engagement, technology, productivity, and career development. The teams collaborated across multiple locations and showcased their skills by presenting their solutions to real-life business challenges to a judging panel of Northern Trust senior leaders. We would like to extend our thanks and congratulations to all the teams for taking part in this year’s challenge and for the considerable amount of work each of them put into their final submission and presentation. “The EMEA Case Challenge offers staff a fantastic opportunity for networking and exposure to senior management. It's also a great way to further develop business writing, research, and presentation skills outside of their business-as-usual roles, all while working with partners from across the organisation.” James Wright Executive Vice President, Head of EMEA Asset Owners. #MadeForGreater #LifeAtNT