Northern Trust is a Chicago-based financial holding company offering asset servicing and wealth management solutions, employing 23,000 people. Its services cater to corporations, institutions, and individuals globally.
NTRS has been in the news recently: Bank of New York Mellon Corp. showed interest in merging with Northern Trust, which has a market cap of $21.76 billion, but no formal offer was made. Following the merger speculation, Northern Trust's shares increased by over 6%, despite the uncertainty surrounding a potential deal.
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