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Home  »  Bank of Canada  »  Northern Trust Company Canada Branch
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Northern Trust is a global leader in delivering innovative investment management, asset and fund administration, fiduciary and banking solutions to corporations, institutions and affluent individuals worldwide. Moving forward with the times and maintaining long-standing principles are not mutually exclusive. In the midst of change, there is a need for some things that remain constant. Now more than ever, the clients need a strong foundation to rely on as their financial affairs become more complex. For more than 120 years, the Company have evolved with the changing needs of the clients.

Throughout its history, Northern Trust has led the financial services industry by aligning the efforts with its guiding principles. Today, these shared principles continue to unite Northern Trust’s partners around the globe. For now, Northern Trust are the largest administrator of offshore private equity funds in Europe, and one of the world’s leading providers of institutional index management services.

 
 

Northern Trust Company Canada branch committed to develop and deliver the most innovative products, manage customer experience, deliver quality service that contribute to brand strength, develop a competitive advantage and enhance profitability, thus providing value to the stakeholders of the bank.

 
  Northern Trust Company
Category : Schedule III
SWIFT Code : CNORCATT

Address :
145 King Street West, Suite 1910
Toronto, Ontario M5H 1J8
Canada

Telephone : +1 (416) 365-7161

Website : www.northerntrust.com
 

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Unlike the Schedule I and Schedule II banks, as a Schedule III bank, Northern Trust Company Canada branch are NOT incorporated under the Bank Act and therefore operate in Canada under other government-mandated restrictions. Schedule III banks usually operate within the country's largest cities (being Toronto, Montreal, Calgary and Vancouver), under certain restrictions mentioned in the Act. As of October 2010, there were 23 such banks in Canada.

In Canada, the Office of the Superintendent of Financial Institutions (OSFI) is responsible for administering a number of federal statutes, including the Bank Act and the Trust and Loan Companies Act, the statutes applicable to the regulation of banks and federal trust and loan companies.
 

 

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