Barry Hastings will retire as president and COO of Northern Trust...

Barry Hastings will retire as president and COO of Northern Trust Corp. at year’s end. He has been at the company for 29 years. He will not be replaced, according to a company statement. The units of Northern Trust that reported to Mr. Hastings — including Northern Trust Global Investments — will report to William A. Osborn, chairman and CEO, as of Jan. 1.