Northern Trust Management Discusses Q4 2010 Earnings Call Transcript

Northern Trust (NTRS)

Q4 2010 Earnings Call

January 19, 2011 12:00 pm ET

Executives

William Morrison - Chief Financial Officer and President of Northern Trust - Florida Corp

Beverly Fleming - Senior Vice President and Director of Investor Relations

Analysts

Brian Bedell - ISI Group Inc.

Glenn Schorr - UBS

John Stilmar - SunTrust Robinson Humphrey Capital Markets

Thomas McCrohan - Janney Montgomery Scott LLC

Robert Lee - Keefe, Bruyette, & Woods, Inc.

Michael Mayo - Credit Agricole Securities (USA) Inc.

Presentation

Operator

Good day, everyone, and welcome to the Northern Trust Corporation Fourth Quarter 2010 Earnings Conference Call. [Operator Instructions] At this time, I would like to turn the call over to the Director of Investor Relations, Bev Fleming, for opening remarks and introductions. Please go ahead, ma'am.

Beverly Fleming

Thank you, Jessica, and welcome to Northern Trust Corporation's Fourth Quarter 2010 Earnings Conference Call. Joining me on our call this morning are Bill Morrison, Northern Trust's Chief Financial Officer; Aileen Blake, our Controller; and [ph] Allison Quaintance from our Investor Relations team.

For those of you who did not receive our fourth quarter earnings press release or financial trends report via email this morning, they are both available on our website at northerntrust.com.

In addition, this January 19th call is being webcast live on northerntrust.com. The only authorized rebroadcast of this call is the replay that will be available through January 28. Northern Trust disclaims any continuing accuracy of the information provided in this call after today.

Now, for our Safe Harbor statement. What we say during today’s conference call may include forward-looking statements, which are Northern Trust’s current estimates and expectations of future events or future results. Actual results, of course, could differ materially from those indicated by these statements because the realization of those results is subject to many risks and uncertainties.