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Northern Trust named Best Private Bank in North America.

Global Banking News-3 November 2009-Northern Trust named Best Private Bank in North America(C)2009 ENPublishing -

Global Banking News - 03 November 2009(c)2005 - Electronic News Publishing -

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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Publication:Global Banking News (GBN)
Date:Nov 3, 2009
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