Bringing you live news and features since 2006 

Northern Trust opens branch office in Stockholm


Northern Trust has opened a branch office in Stockholm and has appointed Madeleine Senior as managing director of the Nordic region.

"Northern Trust has been servicing clients in the Nordics for close to 20 years and works with some of the most sophisticated premier institutional funds and investment managers in the region," says Biff Bowman, chief executive of Northern Trust in Europe, Middle East and Africa. "Establishing this base for Northern Trust in Stockholm is in line with our strategy of serving our clients as close to their home market as possible."

Senior, who joined Northern Trust in 1994, will oversee all Northern Trust’s activities across Norway, Finland, Sweden and Denmark.

"I’m delighted to be spearheading this opportunity," says Senior. "We go where our clients want us to be, and particularly in the current climate, our clients want close access to their custodian."

In 2004, Northern Trust became one of the first non-Swedish banks to provide custody and related services to a Swedish mutual fund through an innovative partnership with Handelsbanken.

"It is important to appreciate the local expertise that local banks and institutions have," says Senior. "Our long and successful relationship with Handelsbanken has enabled us to provide tailored solutions to our Nordic clients over the past six years. Now, with our local base in the region, we are well positioned to continue to provide tailored solutions to meet our Nordic client’s specific requirements but we are also able to further engage and develop with our clients."

Northern Trust currently has a team of five people serving Nordic clients from its Stockholm office with over 30 others in London supporting Nordic relationships.

Latest News

ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..
Investors urgently need greater access to diversified investment strategies aligned with the Paris Agreement on climate change if the world..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by