Northern Trust

HSBC May Consider Buying Northern Trust

HSBC (HBC) may be considering a bid for Northern Trust (NTRS), a California-based financial services group, The Daily Mail said. Northern Trust has more than $643 billion of assets under management and counts more than 20% of the wealthiest families in the U.S. among its clients.

Northern Trust has a TARP party

You might think that receiving $1.6 billion in government cheese would give a bank a new-found sense of humility. But Chicago-based Northern Trust...