Released an hour ago
Submitted by Northern Trust Corporation
In line with the company’s philanthropic strategy, Northern Trust has held its second Charity Trading Day, where employees around the world are taking part to benefit four global charities.
As part of Achieving Greater Together, Northern Trust’s signature month, a total of $700,000 will be donated to charities: Global Red Cross and Red Crescent Network, Ronald McDonald House Charities (RMHC), War Child and World Central Kitchen.
In the coming year, Northern Trust’s employees and customers will also donate thousands of volunteer hours to support a number of the charity’s projects around the globe. The global effort, led by Northern Trust Asset Servicing, aligns with the company’s long-term community investment strategy to support those who have been marginalized with more opportunities to achieve long-term financial success.
“Our first Charity Trade Day of 2022 benefited the global housing non-profit Habitat for Humanity International, where our employees also donated many volunteer hours,” said Pete Cherecwich, president of Northern Trust Asset Servicing. “This year, we’re excited to make an even broader impact in our local community by supporting charities that collectively align with all four pillars of Northern Trust’s philanthropic focus: accessible healthcare, affordable housing, educational excellence and food security.”
Charity Trading Day is a cornerstone of the Asset Servicing business unit’s support of Northern Trust’s philanthropic strategy. The day involved hundreds of Asset Servicing staff, from trading and operations, to client services and compliance, and followed the sun across Capital Markets trading desks starting in Sydney and on to Singapore, London and Chicago.
“The extraordinary support of our clients and trading partners has been invaluable in helping us spread awareness of these deserving causes,” said Guy Gibson, global head of Northern Trust Capital Markets, Banking & Treasury Services. “We are also grateful to our employees who volunteered during Achieving Greater Together month to further support their missions.”
Following October’s service, employees will also have the opportunity to engage with customers and volunteer for charities throughout 2024, in line with Northern Trust’s commitment to giving back to the communities in which we live and work.
Northern Trust Capital Markets* offers brokerage, foreign exchange, securities financing and transition management services. It is a division of Northern Trust Asset Servicing, which provides asset servicing, fund administration and middle office solutions to institutional asset managers and asset owners around the globe.
* About Northern Trust Capital Markets
Northern Trust Capital Markets consists of a number of Northern Trust entities that provide trading and execution services on behalf of institutional clients, including foreign exchange, institutional brokerage, securities financing and transition management services. Institutional brokerage services, including ITS, are provided by Northern Trust Global Services SE (NTGS SE) in the European Economic Area (EEA), Northern Trust Securities LLP (NTS LLP) in the rest of EMEA, Northern Trust Securities Australia Pty Ltd (NTSA) in APAC and Northern Trust Securities, Inc. (NTSI) in the United States, member FINRA, SIPC and a subsidiary of Northern Trust Corporation.
About the Global Red Cross and Red Crescent Network
Through the global Red Cross and Red Crescent network, American Red Cross International Services helps prevent and alleviate human suffering in emergencies by providing relief and support programs around the world. Learn more
About Ronald McDonald House Charities®
Ronald McDonald House Charities® (RMHC®), is a non-profit, 501(c)(3) corporation that creates, finds and supports programs that directly improve the health and well-being of children and their families. Through a global network of more than 260 chapters in 62 countries and regions, RMHC enables, facilitates and supports family-centered care through three core programs: Ronald McDonald House®, Ronald McDonald Family Room® and Ronald McDonald Care Mobile®. RMHC programs help families with sick or injured children stay together and close to leading hospitals and health services worldwide, ensuring they have access to the medical care their child needs while being fully supported and actively involved in their child’s care. Learn more
About War Child
At War Child, we are driven by a single goal – to ensure a secure future for every child affected by war. We work in the hardest places to support those most affected, to protect, educate and stand up for children’s rights when they need us most. We will never give up on children affected by conflict. Learn more
About World Central Kitchen
Founded in 2010 by chef José Andrés, World Central Kitchen (WCK) is a nonprofit organization that is first on the front lines, providing fresh meals in response to crises. By applying our model of rapid action, leveraging local resources and adapting in real time, WCK has served more than 300 million nutritious meals around the world. When disaster strikes, WCK’s emergency response team mobilizes with urgency now to begin cooking and serving meals to people in need. By partnering with organizations on the ground and activating a network of local restaurants, food trucks or emergency kitchens, WCK serves comforting meals to disaster survivors quickly and efficiently. To support regional economies, WCK prioritizes purchasing local produce to cook with or distribute directly to families in need. We know that good food not only provides nourishment, but also comfort and hope, especially in times of crisis. Learn more at wck.org.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, wealth services, asset management and banking services to businesses, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 25 US states and Washington, DC and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. Per As of September 30, 2023, Northern Trust had assets under custody/administration of $14.2 trillion and assets under management of $1.3 trillion. For more than 130 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial excellence, integrity and innovation. Visit us at northerntrust.com. Follow us on x (formerly Twitter) @NorthernTrust or Northern Trust Corporation on LinkedIn.
Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 USA, incorporated with limited liability in the USA Global legal and regulatory information can be found at https://www.northerntrust.com/terms-and-conditions.
Northern Trust Corporation
Northern Trust Corporation
Northern Trust is a leading provider of asset servicing, fund management, investment management, banking and fiduciary solutions to businesses, institutions and high net worth individuals worldwide.
Since 1889, when Northern Trust was founded in Chicago, we have aligned our efforts with our three guiding principles that endure: Service, Excellence and Integrity. Together, they reflect the three cornerstones of business behavior that we strive to instill in our people, whom we call partners, and to provide to our customers and the communities we serve worldwide.
More from Northern Trust Corporation
