Founded in 1889 as a Chicago-based bank, Northern Trust is now an international financial company, providing asset and wealth management products and services to a broad range of clients, from sovereign wealth funds and high net worht individuals and families, to hedge funds and corporations.
Northern Trust Company (The) has Category B banking license number 82032 issued by the Cayman Islands Monetary Authority. This type of license allows Northern Trust Company (The) to conduct banking and trustee operations with non-residents and domestic banking business with other Cayman Islands licenced entities.
There is no deposit guarantee scheme in the Cayman Islands: in the case of Northern Trust Company (The) failure its depositors will not get any compensation.
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
There is no deposit guarantee scheme in the Cayman Islands.
In the case of Northern Trust Company (The) failure its depositors will not be paid out any compensation.
Northern Trust Company (The) operates under the brand name Northern Trust. This banking brand has presence in the following European countries and selected dependent territories of the European countries: