NTRS Stock Recent News

Bank of New York Mellon (BNY) has reportedly approached Northern Trust about a merger. [contact-form-7] The deal would mark a milestone for financial services, The Wall Street Journal (WSJ) reported Sunday (June 20), combining two of the biggest asset-servicing businesses and establishing an investment-management goliath overseeing upwards of $3 trillion.

Bank of New York Mellon Corp. approached Northern Trust last week to express interest in merging with its smaller rival, the Wall Street Journal reported on Sunday. The chief executives of BNY and Northern Trust had at least one conversation, but no offer was discussed, the newspaper reported citing people familiar with the matter.

Bank of New York Mellon Corp approached Northern Trust last week to express interest in merging with its smaller rival, the Wall Street Journal reported on Sunday.

The firms' chief executives had at least one conversation.

High funding costs, tariff-related uncertainty and poor asset quality will hurt the Zacks Major Regional Banks. Yet, interest rate cuts, modest loan demand and business restructuring will likely aid industry players like USB, BK, TFC & NTRS.

CHICAGO--(BUSINESS WIRE)-- #assetmanagement--In addition to providing custody services and institutional brokerage solutions, Northern Trust will manage part of Mereo's fixed income portfolio.

Squarepoint Ops LLC purchased a new position in KULR Technology Group, Inc. (NYSEAMERICAN:KULR – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 19,349 shares of the company’s stock, valued at approximately $69,000. A number of other hedge funds have also recently made changes to their positions in the stock. Vanguard Group Inc. raised its holdings in KULR Technology Group by 71.8% in the 4th quarter. Vanguard Group Inc. now owns 8,247,336 shares of the company’s stock worth $29,278,000 after acquiring an additional 3,446,894 shares during the last quarter. Geode Capital Management LLC raised its holdings in KULR Technology Group by 11.8% in the 4th quarter. Geode Capital Management LLC now owns 1,738,346 shares of the company’s stock worth $6,174,000 after acquiring an additional 183,091 shares during the last quarter. Northern Trust Corp raised its holdings in KULR Technology Group by 85.5%

COIN, NTRS, BK, BEN and BAC defied May's selloff mantra, riding strong fundamentals and sector tailwinds to gains.

CHICAGO--(BUSINESS WIRE)-- #assetmanagement--In a newly created role, McCabe will be responsible for developing strategic relationships with OCIO firms and associated investment consultants.

AMSTERDAM--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) announced today that it has been appointed by Dutch pension fund BPF Beton to provide global custody, regulatory reporting, valuation and accounting, and performance analytics. BPF Beton is the industry pension fund for people working in the concrete products industry in the Netherlands with approximately EUR 1.2 billion (approximately US$1.2 billion) in assets as at 31 December 2024. Herman Prummel, country head, Netherlands, Northern T.