Northern Trust named Best Private Bank in North America.
Global Banking News - 03 November 2009(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk
Northern Trust Corporation (NASDAQ: NTRS) has been named Best Private Bank in North America by Professional Wealth Management and The Banker magazines, owned 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 honoured to receive this recognition,' said Sherry Barrat, president of Northern Trust Personal Financial Services, adding '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 centre of everything we do, and helping them reach their financial goals.'
A financial holding company based in Chicago, Northern Trust has offices in 18 US 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 USD3.6tn, and assets under investment management of USD611bn.
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((Distributed via M2 Communications - http://www.m2.com))
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|Publication:||Global Banking News (GBN)|
|Date:||Nov 3, 2009|
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