Northern Trust shares fall 1.42% after-hours as Associated Bank announces Ryan Heckman's departure from Northern Trust.

Northern Trust Corporation fell 1.42% in after-hours trading. The company announced that it has been selected by the State of New Mexico Educational Retirement Board (NMERB) to provide asset servicing solutions to the $18.5 billion fund, including custody, accounting, post-trade compliance, performance measurement, and advanced support for alternative and derivative investments. Additionally, Northern Trust Corporation specializes in managing investment funds to professional and individuals, with USD 1,032 billion of assets under management.