Northern Trust Enhances Global Brokerage Capabilities

Northern Trust (Nasdaq: NTRS) announced today that it has reached an agreement to acquire Aviate Global LLP, an institutional-focused equity brokerage firm offering market research, trading and execution services with licenses in multiple global jurisdictions.

“This transaction aligns with our commitment to provide clients with a comprehensive set of solutions to meet their investment servicing needs,” said Michael O’Grady, president of Corporate & Institutional Services. “We look forward to expanding our brokerage capabilities in EMEA and APAC to better serve our institutional and Global Family Office clients globally. Our clients also will benefit from the deep expertise and sophisticated trading solutions from the Aviate Global team. Additionally, the transaction demonstrates Northern Trust’s continued commitment to meeting the transition management needs of our clients.”

Guy Gibson, co-founder of Aviate Global, said, “We look forward to leveraging Northern Trust’s strong global brand and full range of asset management, asset servicing and wealth management services.”

Gary Paulin, Aviate Global co-founder, said, “Like Northern Trust, Aviate Global has been committed to excellence and superior client service and we will continue to work on behalf of our clients to provide high quality execution capabilities.”

The acquisition, subject to applicable regulatory approvals and other customary closing conditions, is anticipated to close in the first quarter of 2016.

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has offices in the United States in 19 states and Washington, D.C., and 20 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of September 30, 2015, Northern Trust had assets under custody of US$6 trillion, and assets under management of US$887 billion. For more than 125 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit northerntrust.com or follow us on Twitter @NorthernTrust.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at http://www.northerntrust.com/disclosures.

About Aviate Global

Aviate Global is a global institutional equity brokerage with offices in London, New York, Hong Kong and Sydney. Established in 2007, Aviate is a client-focused brokerage firm serving clients internationally from offices across three continents.

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