Northern Trust Raising $1.25B to Redeem TARP Shares

(Crain’s) — Northern Trust Corp. is raising $1.25 billion in common stock and debt. Chicago’s biggest bank holding company has hired Goldman Sachs & Co. and Morgan Stanley & Co. Inc. to handle the $750-million equity portion of the deal, the bank announced Monday. It also intends to ...

Copyright CRAIN - Crain's
Contact Us