Northern Trust Corp
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Financials : Capital Markets | Mid Cap Value
Company profile

Northern Trust Corporation is a financial holding company. The Company provides wealth management, asset servicing, asset management and banking solutions to corporations, institutions, families and individuals. Its segments include Corporate & Institutional Services (C&IS) and Wealth Management. The C&IS segment is a provider of asset servicing and related services to corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, sovereign wealth funds, and other institutional investors around the globe. The Wealth Management segment provides trust, investment management, custody, and philanthropic services; financial consulting; guardianship and estate administration; family business consulting; family financial education; brokerage services; and private and business banking. The Company conducts business through various United States (U.S) and non-United States subsidiaries, including The Northern Trust Company (Bank).

Closing Price
$102.02
Day's Change
0.00 (0.00%)
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Volume:
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10-day average volume:
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Northern Trust Announces Leadership Changes to Front Office Solutions and Global Foreign Exchange Businesses

10:30 am ET June 1, 2022 (BusinessWire) Print

Northern Trust today announced the appointments of John Turney as Global Head of Front Office Solutions and Marisa Kurk as Head of Global Foreign Exchange (GFX).

Turney, who has led GFX since 2018, takes the helm of the innovative and growing Front Office Solutions business as it expands to new markets across the globe. He reports to Melanie Pickett, Head of Asset Owners, Americas.

Northern Trust Asset Servicing President Pete Cherecwich said, "John Turney's exemplary leadership has transformed Global Foreign Exchange into a tech-forward strategic service business. John's broad market knowledge, strategic planning skills and strong client relationships will serve him well in expanding and developing our Front Office Solutions business on a global level."

Kurk, with nearly two decades of institutional foreign exchange experience globally, joined Northern Trust as Chief Operating Officer for GFX in 2019 and was named Chief Strategy Officer in 2021. As Head of GFX, she will report to Guy Gibson, Global Head of Capital Markets.

"We are pleased to name Marisa Kurk as the next leader of GFX, a center of trading and client-service expertise at Northern Trust," Cherecwich said. "Marisa has been key to the success of GFX, partnering with teams across the business and driving the day-to-day enablement of business strategy and operations. Her forward-thinking and innovative mindset will help take the GFX business to even greater heights. We also hope that Marisa's leadership as the first woman to lead Global Foreign Exchange will encourage the continued growth and diversity of our teams."

Front Office Solutions is an integrated, cloud-based service and data platform that enables investment offices to view and analyze data from disparate sources across all asset classes in one central repository. It serves complex asset owners including foundations, endowments, family offices, pensions and outsourced chief investment officers (OCIOs) with the data they need, in the format they need it, enabling them to make informed decisions that help them excel at their strategies and optimize performance.

Global Foreign Exchange provides a range of liquidity, trading, transaction processing and outsourced FX solutions for institutional investors. It is a part of Northern Trust Capital Markets, which also provides Brokerage, Securities Finance and Transition Management services.

Front Office Solutions and Capital Markets are divisions of Northern Trust Asset Servicing, which provides asset servicing, fund administration and middle office solutions to institutional asset managers and asset owners around the globe.

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 22 U.S. states and Washington, D.C., and across 23 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of March 31, 2022, Northern Trust had assets under custody/administration of US$15.5 trillion, and assets under management of US$1.5 trillion. For more than 130 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Please visit our website or follow us on Twitter.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Please read our global and regulatory information.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220601005927/en/

SOURCE: Northern Trust Corporation">

Media Contacts 
Europe, Middle East, Africa & Asia-Pacific: 
Camilla Greene
+44 (0) 20 7982 2176
Camilla_Greene@ntrs.com

Marcel Klebba
+ 44 (0) 20 7982 1994
Marcel_Klebba@ntrs.com

US & Canada:
John O'Connell
+1 312 444 2388
John_O'Connell@ntrs.com

http://www.northerntrust.com
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