United States · Financial institution

The Northern Trust Company

The Northern Trust Company is a US state-chartered bank headquartered in Chicago, Illinois. It files Call Reports as a member of the Federal Reserve System. It is the principal banking subsidiary of Northern Trust Corporation, whose shares are listed on Nasdaq. The bank provides asset servicing, custody, wealth management, asset management and banking services to institutions, families and individuals. The group was founded in Chicago in 1889.

BICCNORUS44XXX LEI6PTKHDJ8HDUF78PFWH30 Licence no.Not on a tracked register Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under CNORUS44 directly. 9 branch codes Group: Northern Trust Corporation Claim this profile

Swift network

Swift’s ISO 9362 BIC directory

BIC
CNORUS44XXX head office
Connection to Swift
Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under CNORUS44 directly.
Swift GPI
Not on the member list
Payment schemes and systems
No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
Branch codes
9 branch codes
Other BICs with this LEI
CNORGB2Y · CNORGB22 · CNORIE22 · CNORSGSG · CNORAU3M · CNORCATT
BIC first registered
1977-09-26
Last updated
2024-04-10

Overview

Researched 29 Sep 2026 · Sources

Total assets

USD 178.6bn

This entity · 30 Jun 2026 · regulatory filing ↗

Employees

23,600

FTE · Group · 30 Jun 2026 · interim report ↗

Ownership

Group subsidiary

Northern Trust Corporation

Institution type

Commercial bank

Trades as Northern Trust

Ownership
The bank is the principal banking subsidiary of Northern Trust Corporation, a bank holding company listed on Nasdaq.
Direct parent
Northern Trust Corporation ↗, United States
Head office
50 South La Salle Street, 60603 Chicago, United States
Company register
FDIC cert 913

Business lines

  • Custody & securities services
  • Private banking & wealth
  • Asset management
  • Transaction banking & payments
  • Markets & trading
  • Corporate banking

The group reports two segments, Asset Servicing and Wealth Management. Its revenue comes mainly from trust, investment and other servicing fees, followed by net interest income and foreign exchange trading.

Online

Websites & references
northerntrust.com ↗
Wikipedia ↗ group article
Official social accounts
None found
Sources · 14 pages consulted
  1. northerntrust.com/content/dam/northerntrust/pws/nt/documents/earnings/Y9C/ntco/2026-q2-northern-trust-co-ba
  2. northerntrust.com/about-us/investor-relations/financial-information-regulatory-disclosures
  3. northerntrust.com/content/dam/northerntrust/pws/nt/documents/earnings/2026/q2-2026-release-a0716c.pdf
  4. northerntrust.com/about-us/media-resources
  5. northerntrust.com/united-kingdom/insights-research/wealth-management/experts/fox-david
  6. northerntrust.com/united-states/home
  7. northerntrust.com/united-states/about-us
  8. northerntrust.com/united-states/about-us/investor-relations/governance
  9. northerntrust.com/united-states/pr/2025/northern-trust-announces-leadership-changes-121725
  10. businesswire.com/news/home/20240910151008/en/Northern-Trust-Announces-Leadership-Changes
  11. americanbanker.com/news/northern-trust-firmly-denies-bny-merger-discussions
  12. stocktitan.net/news/WTFC/wintrust-to-purchase-northern-trust-guardianship-services-sytyl3tenw4w.html
  13. northerntrust.com/content/dam/northerntrust/pws/nt/documents/funds/intl/ntgf/application-forms-en/ntgf-subs
  14. en.wikipedia.org/wiki/Northern_Trust

Leadership

Researched 29 Sep 2026 · Sources

Chair & chief executive
Michael G. O'Grady Chairman and Chief Executive Officer Confirmed 29 Sep 2026 · northerntrust.com ↗
Chief financial officer
David W. Fox, Jr. Executive Vice President and Chief Financial Officer Confirmed 29 Sep 2026 · northerntrust.com ↗
Executive
Peter B. Cherecwich Executive Vice President and Chief Operating Officer Confirmed 29 Sep 2026 · northerntrust.com ↗
Executive
Aengus Hallinan Executive Vice President and Chief Risk Officer Confirmed 29 Sep 2026 · northerntrust.com ↗

Supervisors & regulators

Researched 29 Sep 2026 · Sources

United States
Board of Governors of the Federal Reserve System Prudential supervisorCentral bankAML supervisor
United States
Illinois Department of Financial and Professional Regulation Prudential supervisor
United States
Federal Deposit Insurance Corporation Resolution

Recent events

Researched 29 Sep 2026 · Sources

  1. Other

    Northern Trust agreed to sell its guardianship services business, with about USD 1.2 billion in assets under management, to Wintrust Private Trust Company.

    stocktitan.net ↗
  2. Leadership

    Clive Bellows and Guy Gibson became co-presidents of Asset Servicing, succeeding Teresa Parker on her retirement.

    northerntrust.com ↗
  3. Merger / acquisition

    Northern Trust said it would remain independent after reports that Bank of New York Mellon had approached it about a merger.

    americanbanker.com ↗
  4. Leadership

    David W. Fox, Jr. became Chief Financial Officer and Peter B. Cherecwich became Chief Operating Officer, a newly created role.

    businesswire.com ↗

Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.

Identifiers

Head-office record

BIC
CNORUS44XXX
How the BIC breaks down
  1. CNORBank
  2. USCountry · United States
  3. 44Location
  4. XXXBranch · head office
Branch description
Not recorded in the directory
LEI record
View on GLEIF ↗
How the LEI was matched
BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.

Profile

Type
Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
Regulation
Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Register licences
None matched by LEI in the 22 tracked registers
Country · region
United States · North America
Trading venues (MIC)
No MIC registered under this LEI list of 2026-09-17
OFAC sanctions
No listing cites this BIC
EU sanctions
No listing matched this BIC or its LEI
Country sanctions
No country programme

Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.

No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.

Ownership and group

GLEIF relationship records

Direct parent
Northern Trust Corporation · United States549300GLF98S992BC502 ↗

The Northern Trust Corporation group has 18 institutions in the directory, in 9 countries: all hold a BIC.

Including Northern Trust Global Services SE, Northern Trust Global Services SE UK Branch, Northern Trust Global Services SE, Leudelange, Luxembourg, Zweigniederlassung Basel, Northern Trust Fiduciary Services (Ireland) Limited, Northern Trust Company of Hong Kong Limited, the.

See the Northern Trust Corporation group →

Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.

Addresses

Registered address
50 SOUTH LA SALLE STREET CHICAGO 60603 UNITED STATES OF AMERICA
Operational address
50 SOUTH LA SALLE STREET CHICAGO,IL CHICAGO,IL 60603 UNITED STATES OF AMERICA

ISO 20022 identification

As an agent in a Swift cross-border payment message (CBPR+)

A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.

Identified by
BIC, with its LEI
Roles in CBPR+
Any agent, including the instructing and instructed agents

CBPR+

For cross-border payments on Swift: the BIC, with the LEI and clearing code where known

<FinInstnId>
  <BICFI>CNORUS44XXX</BICFI>
  <LEI>6PTKHDJ8HDUF78PFWH30</LEI>
</FinInstnId>

Full record

Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC

<FinInstnId>
  <BICFI>CNORUS44XXX</BICFI>
  <LEI>6PTKHDJ8HDUF78PFWH30</LEI>
  <Nm>THE NORTHERN TRUST COMPANY</Nm>
  <PstlAdr>
    <TwnNm>CHICAGO</TwnNm>
    <Ctry>US</Ctry>
    <AdrLine>50 SOUTH LA SALLE STREET CHICAGO 60603</AdrLine>
  </PstlAdr>
</FinInstnId>

The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.

Network

Branch network

Hover over a branch or group to see its details

Branch codes

BICBranchCityAddressLEIUpdated
CNORUS44COL COLLATERAL MGMT DERIVATIVES Chicago 50 SOUTH LA SALLE STREET CHICAGO,IL CHICAGO,IL 60603 UNITED STATES OF AMERICA — 2025-10-04
CNORUS44DAI DIGITAL ASSET Chicago 50 SOUTH LA SALLE STREET CHICAGO,IL CHICAGO,IL 60603 UNITED STATES OF AMERICA — 2024-04-10
CNORUS44ETD ETD DERIVATIVES Chicago 50 SOUTH LA SALLE STREET CHICAGO,IL CHICAGO,IL 60603 UNITED STATES OF AMERICA — 2025-10-04
CNORUS44GFT — Chicago 50 SOUTH LA SALLE STREET CHICAGO,IL CHICAGO,IL 60603 UNITED STATES OF AMERICA — 2024-04-10
CNORUS44MGT QUANTITATING MANAGEMENT Chicago 50 S. LASALLE STREET CHICAGO,IL CHICAGO,IL 60675 UNITED STATES OF — 2024-04-10
CNORUS44MIA MIAMI LETTER OF CREDIT Miami MIAMI,FL MIAMI,FL UNITED STATES OF AMERICA — 2024-04-10
CNORUS44MMK MONEY MARKETS Chicago 50 SOUTH LA SALLE STREET CHICAGO,IL CHICAGO,IL 60675 UNITED STATES OF AMERICA — 2024-04-10
CNORUS44OTC OTC-DERIVATIVES Chicago 50 SOUTH LA SALLE STREET CHICAGO,IL CHICAGO,IL 60603 UNITED STATES OF AMERICA — 2025-10-04
CNORUS44SMK INTERNATIONAL QUANTITIVE MANAGEMENT Chicago CHICAGO,IL CHICAGO,IL UNITED STATES OF AMERICA — 2024-04-10

See every BIC in United States →

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Sources & method

Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.

Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.

The sanctions facts on this page cover the BIC and its LEI only.

An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.

Read the methodology →

Credits for this page

  • Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
  • Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.

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