Companies

Northern Trust

Investment servicesChicago, IllinoisNTRSAbout 23,800 employees

More about Northern Trust

Bank providing wealth management, asset servicing, asset management and banking to institutions, families and individuals

Revenue
$8.09B
Fiscal 2025, down 2%
Employees
About 23,800
As of December 2025, full-time equivalent
Stock
NTRS
Nasdaq
Headquarters
Chicago, Illinois
CEO
Michael O'Grady
Since 2018; chairman since 2019
Main businessesAsset servicing, wealth management, asset management
Current strategyPursuing its “One Northern Trust” strategy, including cost efficiencies and software dispositions
Recent workforce changes$51.0M severance charge in Q2 2026
CompetitorsBNY, State Street, JPMorgan Chase

Checked October 11, 2026 · Sources: sec.gov, sec.gov (2)

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Northern Trust layoffs and discussions · WorkHush