 © 2010 Northern Trust Corporation Service Expertise Integrity Frederick H. Waddell Chairman & Chief Executive Officer CLSA AsiaUSA Forum 2010 San Francisco, California March 2, 2010 NORTHERN TRUST CORPORATION Exhibit 99.1 |
 Integrity Expertise Service 2 Forward Looking Statement This presentation may include forward-looking statements such as statements that relate to Northern Trust’s financial goals, dividend policy, expansion and business development plans, risk management policies, anticipated expense levels and projected profit improvements, business prospects and positioning with respect to market, demographic and pricing trends, strategic initiatives, re-engineering and outsourcing activities, new business results and outlook, changes in securities market prices, credit quality including reserve levels, planned capital expenditures and technology spending, anticipated tax benefits and expenses, and the effects of any extraordinary events and various other matters (including developments with respect to litigation, other contingent liabilities and obligations, and regulation involving Northern Trust and changes in accounting policies, standards and interpretations) on Northern Trust’s business and results. These statements speak of Northern Trust’s plans, goals, targets, strategies, beliefs, and expectations, and refer to estimates or use similar terms. Actual results could differ materially from those indicated by these statements because the realization of those results is subject to many risks and uncertainties. Our 2009 annual report and periodic reports to the SEC contain information about specific factors that could cause actual results to differ, and you are urged to read them. Northern Trust disclaims any continuing accuracy of the information provided in this presentation after today. |
 Integrity Expertise Service 3 Agenda Northern Trust Corporation Strategic Positioning Personal Financial Services Corporate & Institutional Services Northern Trust Global Investments Financial Strength Conservative, Client Driven Balance Sheet Consistent Earnings Power |
 © 2010 Northern Trust Corporation Service Expertise Integrity Strategic Positioning |
 Integrity Expertise Service 5 A Client-centric and Highly Focused Business Model Our Clients Operations & Technology Government Agencies Taft-Hartley Foundations / Endowments / Healthcare Individuals Privately Held Businesses Pension Funds Large Corporations Investment Management Firms Insurance Companies Families Family Foundations Family Offices Personal Financial Services Corporate & Institutional Services Northern Trust Global Investments Sovereign Wealth Funds Assets Under Custody $3.7 Trillion Assets Under Management Balance Sheet Assets $627.2 Billion $82.1 Billion As of 12/31/09 |
 Integrity Expertise Service 6 Credit Cards Consumer Finance Venture Capital Stock Transfer Investment Banking Retail Banking Sub-Prime Mortgage Underwriting Discount Brokerage American Depositary Receipts Northern Trust has resisted the temptation to change our business or risk profile to capitalize on temporarily shifting cycles. Businesses Northern Trust is NOT in: A Client-centric and Highly Focused Business Model |
 © 2010 Northern Trust Corporation Service Expertise Integrity Personal Financial Services |
 Integrity Expertise Service 8 Extensive Reach in Attractive Target Market Network of PFS Offices in 18 States Over 50% of the U.S. millionaire market resides within a 45-minute drive of Northern Trust offices. Northern Trust Named ‘Best Private Bank in ‘Best Private Bank in North America’ North America’ By publications of the Financial Times Group, November 2009 Arizona (5) Florida (25) Illinois (15) Illinois (15) Colorado (1) Colorado (1) Nevada (1) Nevada (1) Missouri (1) Missouri (1) Washington (1) Michigan (3) Texas (7) California (11) Georgia (1) Georgia (1) Wisconsin (1) Wisconsin (1) Ohio (1) Ohio (1) Minnesota (1) Minnesota (1) New York (1) Connecticut (1) Delaware (1) Massachusetts (1) |
 Integrity Expertise Service 9 Integrated Approach to Wealth Management… …addresses the full spectrum of our clients’ unique needs. Estate Administration Investment Management Estate Planning Tax Services Philanthropic Services Asset Servicing Financial Planning Private & Business Banking Online Services Family Advisory Services Family Education Family Business Management Brokerage Services Client |
 Integrity Expertise Service 10 Largest Personal Trust Provider in the U.S. Source: SNL Financial; As of September 30, 2009 Personal Trust Assets ($ Billions) 2. 3. 4. 5. 6. 7. 8. 9. 10. Northern Trust $190.4 1. Bank of America 105.7 Wells Fargo 69.3 JPMorgan Chase 63.2 Citigroup 61.2 PNC Financial 51.2 Bank of NY Mellon 44.7 U.S. Bancorp 34.4 SunTrust 20.6 Wilmington Trust 18.7 |
 Integrity Expertise Service 11 Bermuda Canada France Germany Greece Ireland Israel Italy Luxembourg Mexico Monaco Netherlands Portugal Saudi Arabia South Africa Switzerland Turkey United Kingdom USA Spotlight: Industry Leading Wealth Management Group Overview: ~410 family relationships in 19 countries Average relationship size = $475+ million 20% of Forbes 400 Richest Americans WMG AUC CAGR 1999-2009 = 14% S&P 500 CAGR 1999-2009 = -3% Serving the World’s Wealthiest Families $65 $52 $196 $195 $114 $82 1999 2001 2003 2005 2007 2009 S&P 500 Assets Under Custody: ($ billions) Client Locations: |
 © 2010 Northern Trust Corporation Service Expertise Integrity Corporate & Institutional Services |
 Integrity Expertise Service 13 A Worldwide Leader in the Institutional Marketplace Fund accounting Fund administration Transfer agency Corporate secretarial Trustee Investment operations outsourcing Safekeeping Settlement Derivatives processing Income collection Corporate actions Tax reclamation Active Index Investment outsourcing Liability driven investing Manager of managers Hedge funds Private equity Transition management Investment accounting Reporting and valuation Performance analytics Risk monitoring and reporting Trade execution analysis Data warehouse Cross-border pooling Trade execution Cash management Securities lending Foreign exchange Commission management Asset Administration Asset Processing Asset Reporting Asset Enhancement Asset Management |
 Integrity Expertise Service 14 Positioned Globally for Growth Serving clients locally and capitalizing on global opportunities Dublin Limerick 18 Locations Worldwide Trade Settlement in 90+ Markets Clients in 41 Countries Chicago (Corporate Headquarters) Toronto London New York Luxembourg Amsterdam Guernsey Jersey Singapore Beijing Tokyo Bangalore Hong Kong Melbourne Abu Dhabi North America Europe, Middle East, & Africa Asia Pacific Stockholm |
 Integrity Expertise Service 15 Strong Presence in Target Institutional Segments Sources: Pensions and Investments 26 January 2009 (all US Pensions), 22 December 2008 (Foundations, Endowments and Investment Managers); Pension Funds and Their Advisors, 2008 (UK Funds); AsianInvestor, May 2008 (Asian Investors); the Money Market Directory, 2008 (Healthcare Funds); A.M. Best Insurance Reports, Investments & Pensions Europe Top 1000 Pension Funds, September 2008 (Dutch and Nordics); and Benefits Canada Top 100 Pension Funds, June 2008. Fund Administration Serves 28% of the Top 200 Asset Managers in the world A leading provider of Offshore Private Equity Fund Administration services in Europe Fund Administrator for more funds in Ireland and Guernsey than any other provider Pension Plans 100 U.S. Corporate Plans 44% 200 U.S. Funds 47% 200 U.K. Funds 30% Northern Serves Of the Top Public Funds / Taft-Hartley / Insurance Northern Serves Of the Top 25 Taft-Hartley Funds 36% 100 U.S. Public Funds 38% 100 U.S. Insurance Cos 24% Foundations, Endowments, and Healthcare 50 U.S. Foundations 30% 50 U.S. Endowments 28% 50 U.S. Healthcare Funds 36% Northern Serves Of the Top |
 Integrity Expertise Service 16 Spotlight: Pursuing Mandates Across Multiple Markets Singapore Hong Kong Australia Switzerland Sweden Qatar Malaysia Germany Norway Kuwait UAE South Korea Thailand Finland Ireland Saudi Arabia United Kingdom Guernsey and Jersey U.S.A. Canada Netherlands China Philippines ~53% Global AUC ~35% Net Income – non U.S. ~35% Staff – outside U.S. Bermuda France Indonesia Brunei Belgium Iceland Malta Oman Denmark Japan Taiwan New Zealand Bahrain Luxembourg |
 Integrity Expertise Service 17 $385 $2,087 $1,691 $1,933 $1,422 $312 $965 $727 $471 $452 $1,240 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 Spotlight: A Decade of Strong Growth in International Assets Global Custody Assets ($ Billions) 12/31/99 to 12/31/09 CAGR Global Custody Assets +20% S&P 500 -3% EAFE International -1% Global Custody Assets as a % of Assets Under Custody 21% 23% 27% 32% 35% 38% 42% 48% 50% 47% 53% |
 © 2010 Northern Trust Corporation Service Expertise Integrity Northern Trust Global Investments |
 Integrity Expertise Service 19 $627.2 Billion Assets Under Management as of December 31, 2009 $308 Billion (49%) Active $280 Billion (45%) Index $39 Billion (6%) Manager of Managers Across Asset Classes Across Client Segments $482 Billion Institutional $145 Billion Personal Across Styles Equities $265 Billion (42%) Fixed Income $116 Billion (19%) Short Duration $229 Billion (36%) Other $17 Billion (3%) A Diversified, World Class Asset Manager |
 Integrity Expertise Service 20 $51B / 35% $47B / 32% $36B / 25% Investment Solutions for Personal Clients $145.2 Billion Equities Fixed Income Short Duration Other $11B 8% Providing Investment Solutions to Target Clients $627.2 Billion Assets Under Management as of December 31, 2009 $267B / 55% $115B / 24% Investment Solutions for Institutional Clients $482.0 Billion Passive Sec Lending Collateral Other $1B / <1% Manager of Managers $24B / 5% $67B / 14% Short Duration Active Fixed Income / $8B / 2% |
 Integrity Expertise Service 21 A Continuum of Global Investment Solutions Client-specific solutions delivered through an extensive range of investment products and services Products Manager of Managers Global Index Management Active Services Securities Lending Transition Management Commission Recapture Securities Brokerage Cash Overlay |
 © 2010 Northern Trust Corporation Service Expertise Integrity Financial Strength |
 Integrity Expertise Service 23 Consistently Strong and Conservative Balance Sheet 91% of Northern Trust’s total securities portfolio composed of U.S. Treasury, government sponsored agency, and triple-A rated securities 84% of Asset-Backed Securities rated triple-A Exposure to subprime Asset-Backed securities relative to the overall portfolio minimal at ~1% Total net, pre-tax unrealized losses of only $36 million High Quality, Short Duration Securities Portfolio Relationship-based lending practices Consistent and conservative underwriting standards Loan quality notably better than peer averages* Diversified, High Quality Loan Portfolio Consistently Outstanding Capital Strength Northern Trust Corporation Tier 1 Capital Ratio 13.4% Well Capitalized Guideline 6.0% Total Risk-Based Ratio 15.8% Well Capitalized Guideline 10.0% Leverage Ratio 8.8% Well Capitalized Guideline 5.0% Tier 1 Common Equity 12.8% Tangible Common Equity 7.2% $4.5 $6.3 $2.3 $3.6 $3.3 $3.1 $2.9 $3.9 $4.9 $2.7 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 COMMON EQUITY ($ Billions) CAGR: +12% All data is as of December 31, 2009. *Top 20 U.S. banks in terms of balance sheet assets. 3.95% 2.56% 1.11% 0.44% EOP NPAs to Loans NCOs to Avg Loans NTRS Top 20 Peers' Average |
 Integrity Expertise Service 24 Strong, Consistent Growth Over Time $1.5 $3.7 $4.1 $2.9 $2.1 $1.7 1999 2001 2003 2005 2007 2009 ASSETS UNDER CUSTODY ASSETS UNDER CUSTODY ($ Trillion) 1999-2009 CAGR = 9% S&P 500 CAGR = -3% EAFE CAGR = -1% $292 $627 $757 $618 $479 $320 1999 2001 2003 2005 2007 2009 ASSETS UNDER MANAGEMENT ASSETS UNDER MANAGEMENT ($ Billion) 1999-2009 CAGR = 8% S&P 500 CAGR = -3% $1.8 $3.8 $3.6 $2.7 $2.1 $2.2 1999 2001 2003 2005 2007 2009 TOTAL REVENUES TOTAL REVENUES ($ Billion) 1999-2009 CAGR = 8% S&P 500 CAGR = -3% $405 $853 $821 $584 $405 $488 1999 2001 2003 2005 2007 2009 NET INCOME NET INCOME ($ Million) 1999-2009 CAGR = 8% S&P 500 CAGR = -3% Note: All VISA related items excluded due to their non-operating nature. |
 © 2010 Northern Trust Corporation Service Expertise Integrity Concluding Thoughts |
 Integrity Expertise Service 26 Well Positioned to Capitalize on Global Growth Opportunities Financial Strength and Soundness a Differentiating Factor Strategic Growth Opportunity + Financial Strength Leadership position in attractive, client-focused, business segments Strong brand and reputation with a 120-year heritage Compelling growth opportunities from global dislocation Proven record of managing the business for long-term growth and profitability Conservative management practices Distinctive balance sheet strength Strong capital levels Invested, experienced and stable management team |
 © 2010 Northern Trust Corporation Service Expertise Integrity Frederick H. Waddell Chairman & Chief Executive Officer CLSA AsiaUSA Forum 2010 San Francisco, California March 2, 2010 NORTHERN TRUST CORPORATION Exhibit 99.1 |