Northern Trust Shows There is Another Way
Oct 9, 2019 10:05 AM ET
You know what you’re going to get with Northern Trust. The US financial services group, which includes among other things an asset manager and custody bank, has built a reputation over the past 130 years, including 50 years in London, as an ultra-solid, ultra-reliable entity. While the bulging custody banks seem locked in a race for scale that has seen some of them accumulate in recent years upwards of an eye-watering $30 trillion of assets, Northern Trust has enjoyed more modest growth.