Northern Trust Expands Nordic Offering
Northern Trust has been granted approval from the Swedish Financial Supervisory Authority and the UK Financial Services Authority to offer asset management products and services to investors in the Nordic region. The firm will run the business out of its Stockholm office, which opened in Sept. 2009.
BST's analysis: Last Thursday Northern Trust announced that it had received regulatory approval to offer asset management services to institutional clients in Belgium, Holland and Luxembourg from its
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