CHICAGO - Northern Trust Company Canada, a subsidiary of Chicago- based Northern Trust Co., said it has received its Quebec trust license, which completes its licensing process in Canada.

The company said it is the first non-Canadian financial institution to have a wholly owned subsidiary trust company in Canada holding a federal trust charter.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.