Professional Wealth Management & The Banker award recognizes need for
transparency, trusted advice
LONDON, Nov. 3 /PRNewswire-FirstCall/ -- Northern Trust, a leading provider of
financial services for affluent individuals and institutions, has been named
Best Private Bank in North America by Professional Wealth Management and The
Banker magazines, both published by the Financial Times Group.
"The North American award category was a particularly competitive one, with a
number of powerful players making impressive submissions," said Yuri Bender,
Editor in Chief of Professional Wealth Management. "The judges chose Northern
Trust as the winner for factors including a fiduciary mindset that attempts to
put the client first, its family focus and investment in customer-facing
technology."
"We are deeply honored to receive this recognition," said Sherry Barrat,
president of Northern Trust Personal Financial Services. "Our clients place a
high premium on trusted advice, transparency, and financial strength -
principles that have been at the core of Northern Trust over its 120-year
history. We are passionate about placing our clients at the center of
everything we do, and helping them reach their financial goals."
The award, one of several Global Private Banking inaugural awards, was
presented by Professional Wealth Management and The Banker, at an Oct. 27
ceremony in Geneva. Private banks and wealth managers worldwide entered the
awards and winners were selected following examination of quantitative and
qualitative aspects of the private banking/wealth management business.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of investment
management, asset and fund administration, banking solutions and fiduciary
services for corporations, institutions and affluent individuals worldwide.
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. As of September 30, 2009, Northern
Trust had assets under custody of US$3.6 trillion, and assets under investment
management of US$611 billion. For 120 years, Northern Trust has earned
distinction as an industry leader in combining exceptional service and
expertise with innovative products and technology. For more information, visit
www.northerntrust.com.
Northern Trust operates in Australia as a foreign authorised deposit-taking
institution (foreign ADI) and is regulated by the Australian Prudential
Regulation Authority.
Northern Trust in Hong Kong is a securities company regulated by the
Securities and Futures Commission.
Northern Trust in Singapore is a foreign wholesale bank regulated by the
Monetary Authority of Singapore.
Northern Trust operates in China as a Representative Office and is regulated
by the China Banking Regulatory Commission.
Northern Trust (Guernsey) Limited, Northern Trust Fiduciary Services
(Guernsey) Limited, Northern Trust Fiduciary Company (Guernsey) Limited and
Northern Trust International Fund Administration Services (Guernsey) Limited
are licensed by the Guernsey Financial Services Commission.
Northern Trust International Fund Administrators (Jersey) Limited and Northern
Trust Fiduciary Services (Jersey) Limited are regulated by the Jersey
Financial Services Commission.
Northern Trust Global Services is authorised and regulated in the Netherlands
by De Nederlandsche Bank.
Northern Trust Global Services Limited Luxembourg Branch is authorised and
regulated by the Financial Services Authority and in Luxembourg by the
Commission de Surveillance du Secteur Financier (CSSF) and Northern Trust
Luxembourg Management Company S.A. is regulated by the CSSF.
Northern Trust Global Services Limited - Abu Dhabi. Representative Office,
Licence number 13/238/2008.
Where Northern Trust's UK entities undertake regulated business, they are
authorised and regulated in the United Kingdom by the Financial Services
Authority.
Northern Trust International Fund Administration Services (Ireland) Limited
and Northern Trust Fiduciary Services (Ireland) Limited are regulated by the
Financial Regulator.
The Northern Trust Company operates in Canada as The Northern Trust Company,
Canada Branch which is an authorized foreign bank branch under the Bank Act
(Canada). Trustee related services in Canada are provided by the wholly
owned subsidiary The Northern Trust Company, Canada, an authorized trust
company under the Trust & Loans Companies Act (Canada). Deposits with The
Northern Trust Company and its affiliates and subsidiaries are not insured by
the Canada Deposit Insurance Corporation.
Northern Trust Global Services Ltd (UK) Sweden Filial is a BCD Passported
branch of Northern Trust Global Services Ltd a firm authorised and regulated
in the UK by the Financial Services Authority ('FSA').
SOURCE Northern Trust Corporation
Doug Holt, +1-312-557-1571, Doug_Holt@ntrs.com, Camilla Greene, +44 (0) 20
7982 2176, Camilla_Greene@ntrs.com, both of Northern Trust Corporation
