The new regional leader brings nearly 25 years of experience as the firm seeks to tap a complex and evolving market.

That was the case earlier this week when a media report stated that banking conglomerate Northern Trust (NTRS 0.63%) had been approached by a potential suitor.

Acquisitions of trust banks–specialized firms that cater to the ultrarich–can be devilishly tricky, and Northern Trust is one of the biggest of the bunch.

A possible merger deal between Chicago’s Northern Trust and Bank of New York Mellon raises the prospect of another devastating loss of a homegrown institution — this time one with more than ...

Discussions for a potential merger of Bank of New York Mellon Corp., home to clearing and custody giant BNY Pershing, and Northern Trust Corp., which works with extremely wealthy clients, have ...

Top executives had at least one “extremely early stage” conversation, perhaps as prelude to a formal bid by BNY to acquire Northern Trust, a source familiar with the matter said Monday.

Northern Trust on Monday said it is committed to full independence despite a report that it has been approached by Bank of New York Mellon about a potential merger.

Editorial: A sale of Northern Trust would be a major blow to Chicago The region already has lost Citadel, Caterpillar, Boeing, Discover and Walgreens. Is Northern Trust next?

Northern Trust Corp. said it plans to remain a standalone company following an approach from Bank of New York Mellon Corp. about a possible merger.

Northern Trust shares surged Monday after Bank of New York Mellon reportedly approached the smaller bank about a merger last week.

Northern Trust is fully committed to remaining independent, the bank said on Monday, after a Wall Street Journal report said Bank of New York Mellon had approached the asset and wealth manager to ...

The CEOs of Bank of New York Mellon and Northern Trust have had at least one discussion about a potential merger, according to a Wall Street Journal article. On Monday, a spokesperson for Northern ...