georgemiller
Publish Date: Mon, 23 Jun 2025, 19:27 PM

NEW YORK, June 23 (Reuters) - Northern Trust (NTRS.O) , opens new tab is fully committed to remaining independent, the bank said on Monday, after a Wall Street Journal report said Bank of New York Mellon had approached the asset and wealth manager to express interest in a merger.
"I can tell you that Northern Trust is fully committed to remaining independent and continuing to deliver long-term value to our stakeholders, as we have for the past 135 years," its spokesperson said in an email.
Sign up here.
The comments came after a Wall Street Journal report said Bank of New York Mellon Corp BK.N had approached Northern Trust recently to express interest in a merger with its smaller rival.
https://www.reuters.com/business/finance/northern-trust-says-it-is-fully-committed-remaining-independent-2025-06-23/