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. For nearly 120 years, we have evolved with the changing needs of our clients and our world.
As of September 30, 2008, Northern Trust Corporation had:
$79 billion in banking assets
$3.5 trillion in assets under custody
$652.4 billion in assets under management
For more information regarding Northern Trust Corporation, visit us on the web at www.northerntrust.com
New York Community Bancorp - New York Community Bancorp, Inc. is the $32.1 billion multi-bank holding company for New York Community Bank, a New York State-chartered savings bank with 178 banking offices serving customers throughout the Metro New York/New Jersey region, and New York Commercial Bank, a New York State-chartered commercial bank with 38 branches serving consumers and businesses in the New York City boroughs of Manhattan, Queens, and Brooklyn, and the counties of Nassau, Suffolk, and Westchester – all in New York. At September 30, 2008, the company ranked 21st among the nation's banks and thrifts, based on market cap.
For more information regarding New York Commercial Bank, visit us on the web at www.NewYorkCommercialBank.com
Prosperity Bancshares - Prosperity Bancshares, Inc. ® NASDAQ: (PRSP), one of the largest Texas-based banking institutions made the decision not to apply for funds available through the U. S. Treasury Department’s Capital Purchase Program. The program is part of the federal government’s Troubled Assets Relief Program (TARP) which provides banks with new capital through the issuance of preferred stock. The application deadline for these funds was Friday November 14th and Prosperity did not make application.
On October 17, 2008, the parent company of Prosperity Bank® reported earnings for the quarter ended September 30, 2008. Net income for the quarter was $15.447 million or $0.33 per diluted common share, a decrease in net income of $8.401 million or 35.2%, compared with $23.848 million or $0.54 per diluted common share for the same period in 2007. The decrease was primarily due to a $9.116 million after-tax ($14.025 million pre-tax) impairment charge on Fannie Mae and Freddie Mac perpetual preferred securities.
For more information regarding Prosperity Bancshares, visit us on the web at www.prosperitybanktx.com
The Bank of New York Mellon - Established in 2007 from the merger of Mellon Financial Corporation and The Bank of New York Company, Inc., The Bank of New York Mellon is a leading asset management and securities services company, uniquely focused to help clients manage and move their financial assets and succeed in the rapidly changing global marketplace. Headquartered in New York, The Bank of New York Mellon has more than $23 trillion in assets under custody or administration and more than $1.1 trillion under management.
For more information regarding The Bank of New York Mellon, visit us on the web at http://www.bnymellon.com.
UMB Financial Corporation, a multi-bank holding company, provides banking, asset management, health spending solutions, and related financial services to individual and business customers in the United States. The company offers commercial loans and lines of credit, letters of credit, and loan syndication services; and asset based financing, asset securitization, equity and mezzanine financing, factoring, private and public placement of senior debt, and merger and acquisition consulting. It also provides account reconciliation services, automated clearing house, controlled disbursements, lockbox services, foreign exchange, and various card products and services; health savings account and UMB Financial Corp. reported earnings results for third quarter and nine months ended September 30, 2008. For the quarter, the company reported net income of $21,769,000 or $0.53 per diluted share and adjusted net income of $21,071,000 on total interest income of $93,374,000 compared to net income of $21,527,000 or $0.51 per diluted share and adjusted net income of $17,373,000 on total interest income of $103,600,000 for the same period a year ago.
For more information regarding UMB Financial Corporation, visit us on the web at www.umb.com.
SVB Financial Group - SVB Financial Group provides diversified financial services to emerging, growth and established technology companies and the life science, venture capital/private equity and premium wine markets. Through its focus on specialized markets and extensive knowledge of the people and business issues driving them, SVB Financial Group provides a level of service and partnership that measurably impacts its clients' success.
Today, SVB Financial Group has more than 1,200 employees and $8 billion in assets. The company operates offices throughout Silicon Valley in Fremont, Menlo Park - the center of California's venture capital community, Santa Clara and Palo Alto. Other regional offices within California include Irvine, Los Angeles, Napa, San Diego, San Francisco, and Sonoma. Across the country, SVB Financial Group operates in Phoenix, Arizona; Boulder, Colorado; Atlanta, Georgia; Chicago, Illinois; Boston, Massachusetts; Minneapolis, Minnesota; New York, New York; Durham, North Carolina; Portland, Oregon; Philadelphia, Pennsylvania; Austin, Texas; Dallas, Texas; Reston, Virginia; and Seattle, Washington. International subsidiaries are located in the U.K., Israel, India and China.