Northern Trust is laying off about 500 workers and trimming pay as the bank confronts profitability worries driven by low interest rates.
Northern Trust's asset-servicing business processes trillions in assets each year, but it isn't as lucrative as it used to be. Here's why.
Wintrust Financial announced it has a deal to acquire institutional money manager Great Lakes Advisors.
Northern Trust Corp. is officially no longer bailed out.