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Northern Trust Makes Senior Hires in the Nordics to Support Local Client Base

^{Published on 2010-09-28 03:40:19 - Market Wire}
 

LONDON & STOCKHOLM--([ BUSINESS WIRE ])--Northern Trust (Nasdaq: NTRS) announced today that it has appointed Annika Larsson and Erik Norland as senior relationship managers in its Stockholm office, in line with the companya™s strategy of serving clients as close to their home market as possible.

"Northern Trust has been servicing clients in the Nordics for 20 years"

Larsson, who has over 20 years of experience working in the asset servicing industry in the Nordics, will look after key Northern Trust clients across the region, with a focus on Finland and Sweden. Larsson joins fromHandelsbanken Nordic Custody Services, where she was head of the relationship management and sales group. During her career, she has also worked for Brown Brothers Harriman in London and Stockholm, most recently as relationship and sales manager, Nordics.

In his new role, Norland will focus on Northern Trusta™s institutional clients and banking relationships in the Nordics. He joins Northern Trust from Fondsfinans, where he was in equity sales. During his career, he has also worked for Credit Agricole Cheuvreux and at Nordnet, both in Stockholm.

aNorthern Trust has been servicing clients in the Nordics for 20 yearsa said Madeleine Senior, managing director of the Nordic region. aOur clients are some of the most sophisticated, premier institutional funds and investment managers in the region and increasingly we have seen a demand from them for a locally based relationship team. As a result, we are delighted to welcome Annika and Erik to our team, whose combined local experience and expertise will be invaluable as we continue to support and expand our client base across the region.a

Northern Trust now has a dedicated relationship team of nine people serving Nordic clients from its Stockholm office with more than 30 others in London, Luxemborg and Dublin supporting Nordic relationships. Northern Trust has relationship and account managers fluent in Swedish, Finnish, Danish and Norwegian.

About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of investment management, asset and fund administration, banking solutions and fiduciary services for corporations, institutions and affluent individuals worldwide. Northern Trust, a financial holding company based in Chicago, has offices in 18 U.S. states and 16 international locations in North America, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2010, Northern Trust had US $3.6 trillion in assets under custody, and US$603 billion in assets under investment management. For 120 years, Northern Trust has earned distinction as an industry leader in combining exceptional service and expertise with innovative products and technology. For more information, visit [ www.northerntrust.com ].

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A, incorporated with limited liability in the U.S.

The Northern Trust Company, London Branch (reg. no. BR001960), Northern Trust Global Investments Limited (reg. no. 03929218) and Northern Trust Global Services Limited (reg. no. 04795756) are authorised and regulated by the Financial Services Authority.

The material within and any linked material accessed via this communication is directed to eligible counterparties and professional clients only and should not be distributed to or relied upon by retail investors. For Asia-Pacific markets, it is directed to institutional investors, expert investors and professional investors only and should not be relied upon by retail investors.

• Northern Trust (Guernsey) Limited, Northern Trust Fiduciary Services (Guernsey) Limited, and Northern Trust International Fund Administration Services (Guernsey) Limited are licensed by the Guernsey Financial Services Commission.
• Northern Trust International Fund Administrators (Jersey) Limited and Northern Trust Fiduciary Services (Jersey) Limited are regulated by the Jersey Financial Services Commission.
• Northern Trust International Fund Administration Services (Ireland) Limited and Northern Trust Fiduciary Services (Ireland) Limited are regulated by the Financial Regulator.
• Northern Trust Global Services Limited has a Netherlands Branch which is authorised and regulated in the Netherlands by De Nederlandsche Bank.
• Northern Trust Global Services Limited has a Luxembourg Branch which is authorised and regulated by the Commission de Surveillance du Secteur Financier (CSSF).
• Northern Trust Luxembourg Management Company S.A. is regulated by the Commission de Surveillance du Secteur Financier (CSSF).
• Northern Trust Global Services Limited operates in Abu Dhabi as a Representative Office, Licence number 13/238/2008 which is authorised and regulated by the Central Bank of the United Arab Emirates.
• The Northern Trust Company operates in Canada as The Northern Trust Company, Canada Branch which is an authorized foreign bank branch under the Bank Act (Canada). Trustee related services in Canada are provided by the wholly owned subsidiary The Northern Trust Company, Canada, an authorized trust company under the Trust & Loans Companies Act (Canada). Deposits with The Northern Trust Company and its affiliates and subsidiaries are not insured by the Canada Deposit Insurance Corporation.
• The Northern Trust Company operates in Australia as a foreign authorised deposit-taking institution (foreign ADI)and is regulated by the Australian Prudential Regulation Authority.
• The Northern Trust Company of Hong Kong Limited is a securities company regulated by the Securities and Futures Commission.
• The Northern Trust Company has a Singapore Branch which is a foreign wholesale bank regulated by the Monetary Authority of Singapore.
• The Northern Trust Company has a branch in China regulated by the China Banking Regulatory Commission
• Northern Trust Global Investments Japan, K.K. is regulated by the Japan Financial Services Agency.
• Northern Trust Global Services Ltd (UK) Sweden Filial is Authorised by the Financial Services Authority and subject to regulation by the Finansinspektionen.