CHICAGO, June 16, 2020 /3BL Media/- Northern Trust announced on June 15, 2020 it would provide US$20 million over 5 years to expand access to resources that address essential human needs—food, housing, healthcare and education—to bridge the gap that threatens the broader prosperity of our society.
A bit of humility in leaders goes a long way in a crisis, according to Shundrawn Thomas, President of Northern Trust Asset Management. By Cath Sullivan
Around 95% of Northern Trust’s 20,000 employees around the world are working remotely due to the COVID-19 crisis, but an established culture of trust and client service is standing them in good stead, Shundrawn Thomas, President of Northern Trust Asset Management says.
“You have to be intentional in connecting and communicating, but it’s certainly easier to do when you have a culture that already has that kind of dynamic,” he says from Chicago, in an interview ranging from culture and leadership to market volatility and the COVID-led changes that may be here to stay.
Investment to back CDFIs deploying Paycheck Protection loans
CHICAGO, May 11, 2020, /3BL Media/- Northern Trust Corporation (Nasdaq: NTRS) announced today it is providing $100 million in low-cost funding to assist Community Development Financial Institutions (CDFIs) as they provide loans to small businesses and non-profit organizations under the federal Paycheck Protection Program (PPP).
New Capability Provides Insights to Support Institutional Investors’ Governance, Risk Management and Regulatory Reporting
CHICAGO and LONDON, 5 May 2020 /3BL Media/– Northern Trust (Nasdaq: NTRS) has enhanced its analytical capabilities to provide pension funds and other global institutional investors with heightened insights and transparency over their environmental, social and governance (ESG) risk exposures.
The Covid 19 crisis has fundamentally changed things, not least for the asset management industry. Whether it is about focusing on their social purpose, highlighting the importance of staying calm, emphasising leadership, arguing about the need for active management, the development of a systems framework for investing, or stressing the need for sustainability and other key factors, senior leaders tell Professional Investor what the crisis has highlighted for them.
Northern Trust is proud to embrace environmental considerations in our decision-making process year-round. As of third quarter 2019, we have succeeded in reducing our carbon emissions by 31.33% since 2015.