National Company for Cooperative Insurance, Riyadh, Saudi Arabia...

National Company for Cooperative Insurance, Riyadh, Saudi Arabia, chose Northern Trust to provide global custody services for its $80 million general account, said a Northern Trust official. Northern Trust will provide a full range of services, including cash sweep and foreign exchange, said Steven Fradkin, senior vice president with Northern Trust. Mr. Fradkin declined to identify the previous global custodian.