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American financial services company
Northern Trust Corporation is an American financial services company headquartered in Chicago, Illinois, that caters to corporations, institutional investors, and ultra-high-net-worth individuals. Northern Trust is one of the largest banking institutions in the United States and one of the oldest banks in continuous operation. As of December 31, 2025, it had $1.8 trillion in assets under management and $14.9 trillion in assets under custody. Northern Trust Corporation is incorporated in Delaware.
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On 6 October, UBS announced an agreement to transfer the former Credit Suisse’s fund administration business in Luxembourg and Switzerland to Northern Trust. The deal, which is subject to regulatory approval, will enable the bank to focus on its core areas of expertise.