Northern Trust says it is fully committed to remaining independent
NEW YORK, June 23 (Reuters) - Northern Trust NTRS.O 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 express interest in a merger.
"I can tell you that Northern Trust is fully committed to remaining independent and continuing to deliver long-term value to our stakeholders, as we have for the past 135 years," its spokesperson said in an email.
The comments came after a Wall Street Journal report said Bank of New York Mellon Corp BK.N had approached Northern Trust recently to express interest in a merger with its smaller rival.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Recommended Articles
Featured Tools
Top News
SanDisk Surges 8% as Earnings Countdown Begins - Here's What Every Investor Needs to Know

Azure Growth 40%, AI Revenue 37 Billion: Why Did Microsoft Shares Fall Instead of Rise?

Nvidia Stock Prediction: Can NVDA Hit $1,000 by 2030?

Robinhood Slumps 8% After Earnings. Revenue and Profit Both Miss, Market Fears Coinbase May Follow Suit.

GOOGL Vs. MSFT: 2 Monster Stocks to Hold for the Next 5 Years

Tradingkey







