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11.03.2010 | 16:48
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BRIEF-Northern Trust CEO says company would be interested in acquiring a fund administrator or asset manager

BOSTON, March 11 (Reuters) - Northern Trust Corp:

* CEO says company would be interested in acquiring a fund administrator or

asset manager if an attractive target were available.

* CEO says company would like to raise its dividend but notes that now is not the 'appropriate time' to raise the dividend.

* Northern Trust's Chairman and CEO Frederick Waddell was speaking at the Citigroup Financial Services Conference in New York.

((Svea Herbst, Boston Equities; tel: +1 617 856-4401))

(For more news about Northern Trust Corp click here:) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.

© 2010 AFX News

Link: http://www.finanznachrichten.de/nachrichten-2010-03/16354624-brief-northern-trust-ceo-says-company-would-be-interested-in-acquiring-a-fund-administrator-or-asset-manager-020.htm